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 2023 and 2024.
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Shrinking team NBB
FTE fell two years in a row, from 8.9 to 6.6.
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Busy address KBO
25 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
Partnership For Advanced Computing In Europe from Elsene, company number BE0826890059, closed financial year 2024 with a result of € -652,489 after tax. For that financial year Partnership For Advanced Computing In Europe recorded a gross margin of € 208,357 and equity of € 655,021. Compared with financial year 2023, the result moved from € -426,749 to € -652,489. 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 November 13, 2025.
€ 655,021
▼ 50% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -652,489
▼ 53 % more loss than in 2023
Profit after tax over the fiscal year.
€ 478,010
▲ 8% vs 2023
Cash and bank balances on the last day of the fiscal year.
People and assets in 2024
6.6
▼ 0.2 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 677,830
▲ 5% vs 2023
€ 102,700 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.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 63,641
▼ 11% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 86,671
▲ 23% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 1,170,031 | € 1,404,278 | € 678,493 | € 208,357 | ▼ 69% |
| Profit after taxes | € 105,520 | € 297,892 | € -426,749 | € -652,489 | ▼ € 225,740 |
| Equity | € 1,436,367 | € 1,734,259 | € 1,307,510 | € 655,021 | ▼ 50% |
| Total debts | € 2,956,749 | € 1,063,119 | € 273,695 | € 216,058 | ▼ 21% |
| Cash | € 3,329,529 | € 292,943 | € 443,530 | € 478,010 | ▲ 8% |
| Retained profit | € 1,436,367 | € 1,734,259 | € 1,307,510 | € 655,021 | ▼ 50% |
| Balance sheet total | € 4,393,116 | € 2,797,378 | € 1,581,205 | € 871,079 | ▼ 45% |
| Employees (FTE) | 9.6 | 8.9 | 6.8 | 6.6 | ▼ 0.2 |
Key figures of Partnership For Advanced Computing In Europe, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Partnership For Advanced Computing In Europe?
What happened at Partnership For Advanced Computing In Europe in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Maria Grazia GIUFFREDA stepped down as director. NBB
- Philippe SEGERS stepped down as director. NBB
- Pineda ORIOL stepped down as director. NBB
- Nathalie REUTER stepped down as director. NBB
- Florian BERBERICH stepped down as director. NBB
- Debora TESTI stepped down as director. NBB
- Serge BOGAERTS stepped down as director. NBB
- New annual accounts for financial year 2024: loss of € 652,489. filed late Source: NBB ↗
In short
From € 105,520 profit in 2021 to € 652,489 loss in 2024.
Paid € 1,241 in corporate taxes since 2021.
Best year ever: 2022, with € 297,892 profit.
On average € 31,600 of value added per employee in 2024.
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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 2024 annual accounts
Maria Grazia GIUFFREDA
Director
since 2023 · until 2026
Philippe SEGERS
Director
since 2023 · until 2026
Pineda ORIOL
Director
since 2023 · until 2026
Nathalie REUTER
Director
since 2023 · until 2026
Florian BERBERICH
Director
since 2023 · until 2026
Debora TESTI
Director
since 2023 · until 2026
Serge BOGAERTS
Managing director
since 2023 · until 2026
Establishments
Establishment units
Physical locations of this company
Troonstraat 98
1050 Elsene
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 25 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
- 0826.890.059
- VAT number
- BE 0826.890.059
- Registered office
- Troonstraat 98, 1050 Elsene
- Names & denominations
- Partnership For Advanced Computing In Europe · PRACE
- Enterprise type
- Rechtspersoon
- Legal form
- International non-profit association
- Legal situation
- Normale toestand
- Start date
- 24 June 2010
- Peppol
- Active · Active since 13 Jan 2026
- Activities · NACE
Ontwerpen van computerprogramma’s
Ontwerpen en programmeren van computerprogramma's
Speur- en ontwikkelingswerk op biotechnologisch gebied
Overig speur- en ontwikkelingswerk op natuurwetenschappelijk gebied
Speur- en ontwikkelingswerk op het gebied van de maatschappij- en geesteswetenschappen
Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten
Activiteiten van beroepsorganisaties
Computerconsultancy-activiteiten
+2