Financials
Financial year 2025
CONNECT EUROPE from Brussel, company number BE0448199881, closed financial year 2025 with a result of € 115,387 after tax. For that financial year CONNECT EUROPE recorded a gross margin of € 2.1 million and equity of € 1.2 million. Compared with financial year 2024, the result moved from € 260,913 to € 115,387. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 14, 2026.
€ 1.2 million
▲ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 115,387
▼ 56% vs 2024
Profit after tax over the fiscal year.
€ 1.7 million
▲ 26% vs 2024
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
10.7
Average over the fiscal year, from the social balance sheet.
€ 1.9 million
▼ 6% vs 2024
€ 173,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 381
▼ 84% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 226,340
▲ 220% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 395,676
▲ 7% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,359,682 | € 2,004,322 | € 2,323,066 | € 2,070,505 | ▼ 11% |
| Profit after taxes | € -869,077 | € 22,567 | € 260,913 | € 115,387 | ▼ 56% |
| Equity | € 674,099 | € 696,666 | € 1,125,336 | € 1,240,722 | ▲ 10% |
| Total debts | € 1,219,216 | € 702,148 | € 598,717 | € 813,015 | ▲ 36% |
| Cash | € 913,846 | € 993,957 | € 1,312,833 | € 1,650,019 | ▲ 26% |
| Retained profit | € 674,099 | € 696,666 | € 957,579 | € 1,072,966 | ▲ 12% |
| Bank debt | € 0 | € 10,240 | € 4,313 | € 0 | ▼ 100% |
| Balance sheet total | € 1,893,315 | € 1,398,813 | € 1,724,053 | € 2,053,738 | ▲ 19% |
| Employees (FTE) | 11.4 | 11 | 10.7 | 10.7 |
Key figures of CONNECT EUROPE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to CONNECT EUROPE?
What happened at CONNECT EUROPE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- FiberCop stepped down as director. NBB
- MEO - Serviços de Communicações e Multimédia S.A. stepped down as director. NBB
- UNITED GROUP stepped down as director. NBB
- TELEFONICA SA DE DROIT ESPAGNOL stepped down as director. NBB
- A1 TELEKOM AUSTRIA stepped down as director. NBB
- KPN N.V. stepped down as director. NBB
- TELENOR ASA stepped down as director. NBB
- Liberty Global b.v. stepped down as director. NBB
In short
From € 869,077 loss in 2022 to € 115,387 profit in 2025.
Best year ever: 2024, with € 260,913 profit.
On average € 193,500 of value added per employee in 2025.
Management
Behind CONNECT EUROPE is Alessandro Gropelli.
Directors
According to the 2025 annual accounts
Alessandro Gropelli
Managing director
since 2024
Swisscom
Director · represented by Thomas Stemmler
since 2026 · until 2026
FiberCop
Director · represented by Simona Girolamo
since 2026 · until 2028
MEO - Serviços de Communicações e Multimédia S.A.
Director · represented by Pedro Gonçalves
since 2026 · until 2028
since 2026 · until 2026
KPN N.V.
Director · represented by Jacobus Huigen
since 2025 · until 2027
TELENOR ASA
Director · represented by Krisztina Baracsi
since 2025 · until 2027
Liberty Global b.v.
Director · represented by Eke Maria Vermeer
since 2025 · until 2027
Orange
Director · represented by Pascal Rogard
since 2025 · until 2027
UNITED GROUP
Director · represented by Janet Zaharieva
since 2026 · until 2028
TELEFONICA SA DE DROIT ESPAGNOL
Director · represented by Maria Amaia Betelu Bazo
since 2026 · until 2028
A1 TELEKOM AUSTRIA
Director · represented by Michael Seitlinger
since 2026 · until 2028
DEUTSCHE TELEKOM AG
Director · represented by Jakob Greiner
Also active at: Stichting e - and - telecommunications information services
since 2024 · until 2026
TIM
Director · represented by Robustelli Giacomo
since 2024 · until 2026
Director · represented by Steven Tas
Also active at: United Brands Association, TECHNO.BEL, Stichting e - and - telecommunications information services, EXPERIENCE@WORK, ITS BELGIUM, CONTACTCENTRES.BE, Becommerce
since 2024 · until 2026
Establishments
Establishment units
Physical locations of this company
Regentlaan 43-44
1000 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
DNS
GoDaddy DNS
Domain
Domain
connecteurope.org
Registered
2003-01-27
Registrar
GoDaddy.com, LLC
Expires
2027-01-27
Website info
Features
Security
Network
Details
- Company number
- 0448.199.881
- VAT number
- BE 0448.199.881
- Registered office
- Regentlaan 43-44, 1000 Brussel
- Names & denominations
- CONNECT EUROPE
- Enterprise type
- Rechtspersoon
- Legal form
- International non-profit association
- Legal situation
- Normale toestand
- Start date
- 17 September 1992
- Peppol
- Active · Active since 20 Nov 2020
- Contact
- connecteurope.org
- Activities · NACE
Activiteiten van beroepsorganisaties
Beroepsorganisaties