Financials
Financial year 2024
EUROPE MANAGEMENT from Etterbeek, company number BE0863819543, closed financial year 2024 with a result of € 220 after tax. For that financial year EUROPE MANAGEMENT recorded a gross margin of € 1.2 million and equity of € 209,195. Compared with financial year 2023, the result moved from € -107,987 to € 220. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 29, 2025.
€ 209,195
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 220
▲ still € 107,987 loss in 2023
Profit after tax over the fiscal year.
€ 125,714
▼ 55% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 90,595.
People and assets in 2024
16.6
▼ 0.1 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 1.1 million
▲ 9% vs 2023
€ 68,500 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.
€ 67,404
▼ 47% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 38,786
▼ 38% vs 2023
€ 12,037 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 653,020
▲ € 493,573 vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 138,131
▲ 31% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 966,756 | € 949,539 | € 1,052,368 | € 1,220,467 | ▲ 16% |
| Profit after taxes | € 113,281 | € -13,592 | € -107,987 | € 220 | ▲ € 108,208 |
| Equity | € 330,554 | € 316,963 | € 208,975 | € 209,195 | |
| Total debts | € 1,891,246 | € 1,362,700 | € 1,195,977 | € 1,089,446 | ▼ 9% |
| Cash | € 936,999 | € 578,130 | € 281,712 | € 125,714 | ▼ 55% |
| Retained profit | € 211,954 | € 198,363 | € 90,375 | € 90,595 | |
| Bank debt | € 15,948 | € 3,953 | € 62,100 | € 38,786 | ▼ 38% |
| Balance sheet total | € 2,221,801 | € 1,679,663 | € 1,404,953 | € 1,298,641 | ▼ 8% |
| Employees (FTE) | 13 | 15.5 | 16.7 | 16.6 | ▼ 0.1 |
Key figures of EUROPE MANAGEMENT, 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 EUROPE MANAGEMENT?
What happened at EUROPE MANAGEMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 220. Source: NBB ↗
- New establishment in Machelen (Brab.). KBO
- Start of the company according to the CBE. KBO
In short
From € 113,281 profit in 2021 to € 220 profit in 2024.
Paid € 50,385 in corporate taxes since 2021.
Best year ever: 2021, with € 113,281 profit.
On average € 73,500 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
Behind EUROPE MANAGEMENT are Suresh SAINANEE and Bastiaan De Vries. Suresh SAINANEE is also behind LULIBERINE PRODUCTIONS and CYBER TEAM.
Directors
According to the 2024 annual accounts
Bastiaan De Vries
Director
Establishments
Establishment units
Physical locations of this company
Sint-Pieterssteenweg 367
1040 Etterbeek
Jan Mommaertslaan 20A
1831 Machelen (Brab.)
Active since 4 March 2004
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
Details
- Company number
- 0863.819.543
- VAT number
- BE 0863.819.543
- Registered office
- Sint-Pieterssteenweg 367, 1040 Etterbeek
- Names & denominations
- EUROPE MANAGEMENT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 March 2004
- Peppol
- Active · Active since 9 Mar 2026
- Activities · NACE
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