Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Busy address KBO
95 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
European Railway Clusters Initiative from Brussel, company number BE0787282979, closed financial year 2025 with a result of € 11,939 after tax. For that financial year European Railway Clusters Initiative recorded revenue of € 9,213 and equity of € 69,443. Compared with financial year 2024, the result moved from € 23,134 to € 11,939. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 6, 2026.
€ 69,443
▲ 21% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 11,939
▼ 48% vs 2024
Profit after tax over the fiscal year.
€ 103,515
▲ 16% vs 2024
Cash and bank balances on the last day of the fiscal year.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 6,984
▲ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | € 0 | - | € 9,213 | |
| Gross margin | € 11,614 | € 23,699 | € 24,471 | € 13,319 | ▼ 46% |
| Profit after taxes | € 11,603 | € 22,767 | € 23,134 | € 11,939 | ▼ 48% |
| Equity | € 11,603 | € 34,370 | € 57,504 | € 69,443 | ▲ 21% |
| Total debts | € 2,498 | € 324,239 | € 323,857 | € 417,662 | ▲ 29% |
| Cash | € 9,600 | € 64,969 | € 88,949 | € 103,515 | ▲ 16% |
| Retained profit | € 11,603 | € 34,370 | € 57,504 | € 69,443 | ▲ 21% |
| Balance sheet total | € 14,100 | € 358,609 | € 381,360 | € 487,104 | ▲ 28% |
Key figures of European Railway Clusters Initiative, 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 European Railway Clusters Initiative?
What happened at European Railway Clusters Initiative in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Guido ANCARANI stepped down as director. NBB
- Bernard PIETTE stepped down as director. NBB
- José Ignacio GOMEZ BELINCHON stepped down as director. NBB
- Veronica Elena BOCCI stepped down as director. NBB
- Dirk-Ulrich KRÜGER stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 11,939 (▼ 48% vs 2024). Source: NBB ↗
- José Ignacio GOMEZ BELINCHON became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 11,603 profit in 2022 to € 11,939 profit in 2025.
Best year ever: 2024, with € 23,134 profit.
A new publication or filing at European Railway Clusters Initiative? 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
Directors
According to the 2025 annual accounts
Guido ANCARANI
Managing director
since 2022 · until 2028
since 2022 · until 2028
José Ignacio GOMEZ BELINCHON
Director
since 2024 · until 2028
Veronica Elena BOCCI
Vice-chairman of the board
since 2022 · until 2028
Dirk-Ulrich KRÜGER
Chairman of the board
since 2022 · until 2028
Establishments
Establishment units
Physical locations of this company
Louizalaan 500
1050 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 95 companies are registered at this address.
All companies at this address →CHAMBRE DE COMMERCE CANADA-BELGIQUE-LUXEMBOURG-'KAMER VAN KOOPHANDEL CANADA-BELGIE-LUXEMBURG -'CHAMBER OF COMMERCE CANADA-BELGIUM-LUXEMBOURG.
Chambre de Commerce Belgo-Chilienne
BECI-BRUSSELS CHAMBER OF COMMERCE
€ 2.2 million gross margin · 2025
CLIMAFED
€ 21,186 gross margin · 2025
Chambre Belge des Comptables et des Experts Comptables
+90 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0787.282.979
- VAT number
- BE 0787.282.979
- Registered office
- Louizalaan 500, 1050 Brussel
- Names & denominations
- European Railway Clusters Initiative
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 15 June 2022
- Peppol
- Active · Active since 16 Nov 2025
- Activities · NACE
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