Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Busy address KBO
11 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Association Européenne du Cautionnement from Etterbeek, company number BE0456773097, closed financial year 2025 with a result of € -25,977 after tax. For that financial year Association Européenne du Cautionnement recorded a gross margin of € 387,941 and equity of € 365,466. Compared with financial year 2024, the result moved from € -6,454 to € -25,977. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 26, 2026.
€ 365,466
▼ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -25,977
▼ 302 % more loss than in 2024
Profit after tax over the fiscal year.
€ 119,872
▼ 62% vs 2024
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
€ 414,939
▲ 4% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 444
▼ 99% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 22,794
▲ € 22,567 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 374,462 | € 391,046 | € 387,941 | ▼ 1% |
| Profit after taxes | € -31,891 | € -6,454 | € -25,977 | ▼ € 19,523 |
| Equity | € 397,898 | € 391,444 | € 365,466 | ▼ 7% |
| Total debts | € 25,857 | € 30,100 | € 23,238 | ▼ 23% |
| Cash | € 408,272 | € 313,546 | € 119,872 | ▼ 62% |
| Retained profit | € 397,898 | € 391,444 | € 365,466 | ▼ 7% |
| Balance sheet total | € 423,755 | € 421,543 | € 388,704 | ▼ 8% |
Key figures of Association Européenne du Cautionnement, fiscal years 2023 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 Association Européenne du Cautionnement?
What happened at Association Européenne du Cautionnement in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 25,977. Source: NBB ↗
- Catalin LEONTE became a director. NBB
- Dumitru NANCU stepped down as director. NBB
- Bérangère LECLERE became a director. NBB
- Michel COTTET stepped down as director. NBB
- MANUEL MENDEZ COELHO DE QUEIROZ became a director. NBB
- Ismini PAPAKIRILLOU became a director. NBB
- Sebastien DURUSSEL became a director. NBB
In short
From € 31,891 loss in 2023 to € 25,977 loss in 2025.
Paid € 776 in corporate taxes since 2023.
A new publication or filing at Association Européenne du Cautionnement? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind Association Européenne du Cautionnement are Jekabs KRIEVINS, Zenon VAZQUEZ IRIZAR, Kurt LEUTGEB, Giorgio VENCESLAI, Juuso Vili Jalmari HEINILA and Katrin STURN.
Directors
According to the 2025 annual accounts
Jekabs KRIEVINS
Director
since 2020
Zenon VAZQUEZ IRIZAR
Director
since 2020
Kurt LEUTGEB
Director
since 2021
Giorgio VENCESLAI
Director
since 2023
Juuso Vili Jalmari HEINILA
Director
since 2022
Katrin STURN
Secrétaire Général
Catalin LEONTE
Director
since 2026
Guy SELBHERR
Director
since 2007
Laszlo TOTH
Director
since 2018
Ismini PAPAKIRILLOU
Director
since 2024
Bérangère LECLERE
Director
since 2025
Sebastien DURUSSEL
Director
since 2024
Luke AYLWARD
Director
since 2023
A. Kadir AKGUL
Director
since 2005
Tomas NIDETZKY
Director
since 2023
MANUEL MENDEZ COELHO DE QUEIROZ
Director
since 2025
Mateusz OLSZAK
Director
since 2021
Peter SLEECKX
Director
since 2024
Michel COTTET
Director
since 2024 · until 2025
Dumitru NANCU
Director
since 2020 · until 2025
Establishments
Establishment units
Physical locations of this company
Oudergemlaan 22-28
1040 Etterbeek
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 11 companies are registered at this address.
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0456.773.097
- VAT number
- BE 0456.773.097
- Registered office
- Oudergemlaan 22-28, 1040 Etterbeek
- Names & denominations
- Association Européenne du Cautionnement · A.E.C.M.
- Enterprise type
- Rechtspersoon
- Legal form
- International non-profit association
- Legal situation
- Normale toestand
- Start date
- 21 December 1995
- Peppol
- Active · Active since 26 May 2026
- Activities · NACE
Activiteiten van politieke organisaties
Politieke organisaties