Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 18.4 to 13.5.
-
Busy address KBO
57 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
EUROPEAN NETWORK ON DEBT AND DEVELOPMENT from Elsene, company number BE0850769479, closed financial year 2025 with a result of € 6,552 after tax. For that financial year EUROPEAN NETWORK ON DEBT AND DEVELOPMENT recorded a gross margin of € 1.9 million and equity of € 1.5 million. Compared with financial year 2024, the result moved from € 16,539 to € 6,552. 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 June 24, 2026.
€ 1.5 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 6,552
▼ 60% vs 2024
Profit after tax over the fiscal year.
€ 1.2 million
▼ 67% vs 2024
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
13.5
▼ 1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.9 million
▼ 1% vs 2024
€ 140,100 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 2025
None
No bank loans on the last day of the fiscal year.
€ 56,737
▲ 48% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 161,715
▼ 21% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,345,794 | € 2,019,945 | € 2,043,197 | € 1,914,632 | ▼ 6% |
| Profit after taxes | € 348,144 | € -52,811 | € 16,539 | € 6,552 | ▼ 60% |
| Equity | € 1,558,807 | € 1,505,997 | € 1,522,535 | € 1,529,088 | |
| Total debts | € 3,004,146 | € 3,139,698 | € 3,815,108 | € 688,686 | ▼ 82% |
| Cash | € 3,458,672 | € 3,312,991 | € 3,714,204 | € 1,214,109 | ▼ 67% |
| Retained profit | € 1,451,732 | € 1,398,922 | € 1,415,460 | € 1,422,013 | |
| Balance sheet total | € 4,562,953 | € 4,645,694 | € 5,337,643 | € 2,228,638 | ▼ 58% |
| Employees (FTE) | 19.2 | 18.4 | 14.5 | 13.5 | ▼ 1 |
Key figures of EUROPEAN NETWORK ON DEBT AND DEVELOPMENT, 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 NETWORK ON DEBT AND DEVELOPMENT?
What happened at EUROPEAN NETWORK ON DEBT AND DEVELOPMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Kristina REHBEIN stepped down as director. NBB
- David ARCHER stepped down as director. NBB
- Istvan FARKAS stepped down as director. NBB
- Antoinette VAN HAUTE stepped down as director. NBB
- Dominik GROSS BENJAMIN stepped down as director. NBB
- Emma Charlotte BÜRGISSER stepped down as director. NBB
- Christian HALLUM stepped down as director. NBB
- Nicola SCHERER stepped down as director. NBB
In short
From € 348,144 profit in 2022 to € 6,552 profit in 2025.
Paid € 17,464 in corporate taxes since 2022.
Best year ever: 2022, with € 348,144 profit.
On average € 141,800 of value added per employee in 2025.
A new publication or filing at EUROPEAN NETWORK ON DEBT AND DEVELOPMENT? 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 EUROPEAN NETWORK ON DEBT AND DEVELOPMENT is Jean Letitia SALDANHA.
Directors
According to the 2025 annual accounts
Jean Letitia SALDANHA
Persoon belast met dagelijks bestuur
since 2019
Kristina REHBEIN
Trésorier
since 2023 · until 2029
Antoinette VAN HAUTE
Director
since 2024 · until 2027
Dominik GROSS BENJAMIN
Director
since 2021 · until 2027
Emma Charlotte BÜRGISSER
Director
since 2018 · until 2027
David ARCHER
Chairman of the board
since 2025 · until 2029
Christian HALLUM
Director
since 2024 · until 2027
Nicola SCHERER
Director
since 2024 · until 2027
Jeroen KWAKKENBOS
Director
since 2022 · until 2025
Isabel ALVAREZ MEDINA
Director
since 2024 · until 2027
Istvan FARKAS
Director
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Edinburgstraat 26
1050 Elsene
Louizalaan 176
1050 Elsene
Active since 15 March 2005
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 57 companies are registered at this address.
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€ 810,646 gross margin · 2025
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€ 7.9 million revenue · 2025
+52 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
- 0850.769.479
- VAT number
- BE 0850.769.479
- Registered office
- Edinburgstraat 26, 1050 Elsene
- Names & denominations
- EUROPEAN NETWORK ON DEBT AND DEVELOPMENT · EURODAD
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 15 January 1994
- Peppol
- Active · Active since 16 Dec 2025
- Activities · NACE
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