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
17 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Federation of European Securities Exchanges from Brussel, company number BE0878308670, closed financial year 2025 with a result of € 242,097 after tax. For that financial year Federation of European Securities Exchanges recorded a gross margin of € 1.5 million and equity of € 2.1 million. Compared with financial year 2024, the result moved from € -253,598 to € 242,097. Profitable, and profit is growing. 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.
€ 2.1 million
▲ 13% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 242,097
▲ still € 253,598 loss in 2024
Profit after tax over the fiscal year.
€ 1.6 million
▼ 18% vs 2024
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
7.9
▲ 0.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.2 million
▲ 18% vs 2024
€ 157,000 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.
€ 75,476
▼ 53% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 211,105
▼ 2% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 955,568 | € 707,914 | € 849,411 | € 1,536,936 | ▲ 81% |
| Profit after taxes | € 95,568 | € -232,475 | € -253,598 | € 242,097 | ▲ € 495,696 |
| Equity | € 2,303,243 | € 2,070,767 | € 1,817,169 | € 2,059,267 | ▲ 13% |
| Total debts | € 628,747 | € 376,015 | € 477,997 | € 340,912 | ▼ 29% |
| Cash | € 2,759,724 | € 2,215,726 | € 1,911,823 | € 1,561,006 | ▼ 18% |
| Retained profit | € 1,075,078 | € 842,603 | € 589,004 | € 831,102 | ▲ 41% |
| Balance sheet total | € 2,931,990 | € 2,446,783 | € 2,295,166 | € 2,400,178 | ▲ 5% |
| Employees (FTE) | 7.4 | 7.4 | 7.3 | 7.9 | ▲ 0.6 |
Key figures of Federation of European Securities Exchanges, 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 Federation of European Securities Exchanges?
What happened at Federation of European Securities Exchanges in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- LUXEMBOURG STOCK EXCHANGE S. Etr. stepped down as director. NBB
- SIX GROUP SA S. Etr. stepped down as director. NBB
- BORSE STUTTGART S. Etr. stepped down as director. NBB
- EURONEXT S. Etr. stepped down as director. NBB
- Wiener Börse AG S. Etr. stepped down as director. NBB
- ZAGREB Stock Exchange S. Etr. stepped down as director. NBB
- BUDAPEST STOCK EXCHANGE S. Etr. stepped down as director. NBB
- DEUTSCHE BORSE S. Etr. stepped down as director. NBB
In short
From € 95,568 profit in 2022 to € 242,097 profit in 2025.
Paid € 331 in corporate taxes since 2022.
Best year ever: 2025, with € 242,097 profit.
On average € 194,500 of value added per employee in 2025.
A new publication or filing at Federation of European Securities Exchanges? 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
Director · represented by Meyer Lutz
since 2025 · until 2028
Director · represented by Tim Grange
since 2023 · until 2026
Vice-chairman of the board · represented by Delphine D'AMARZIT
since 2024 · until 2027
BORSE STUTTGART S. Etr.
Director · represented by Oliver VINS
since 2025 · until 2028
Chairman of the board · represented by Niels BRAB
since 2024 · until 2027
Director · represented by Tomasz BARDZITOWSKI
since 2024 · until 2027
BUDAPEST STOCK EXCHANGE S. Etr.
Director · represented by Tibor TOTH
since 2024 · until 2027
LUXEMBOURG STOCK EXCHANGE S. Etr.
Director · represented by Paula Redondo Pereira
since 2025 · until 2028
Director · represented by Roland CHAI
since 2023 · until 2026
Director · represented by Petr KOBLIC
since 2024 · until 2027
Director · represented by Ivana Gazic
since 2024 · until 2027
Establishments
Establishment units
Physical locations of this company
Montoyerstraat 25
1000 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 17 companies are registered at this address.
All companies at this address →EURALIA
€ 547,922 gross margin · 2025
EURO-TOQUES
CANCOM Public
€ 27.8 million revenue · 2025
European Tax Adviser Federation
SCINNOV
€ 53,785 gross margin · 2025
+12 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
DIGITALOCEAN-ASN - DigitalOcean, LLC, US
Domain
Domain
fese.eu
Registrar
GANDI
Website info
Features
Security
Details
- Company number
- 0878.308.670
- VAT number
- BE 0878.308.670
- Registered office
- Montoyerstraat 25, 1000 Brussel
- Names & denominations
- Federation of European Securities Exchanges
- Enterprise type
- Rechtspersoon
- Legal form
- International non-profit association
- Legal situation
- Normale toestand
- Start date
- 3 January 2006
- Peppol
- Active · Active since 31 Oct 2025
- Contact
- fese.eu
- Activities · NACE
Activiteiten van bedrijfs- en werkgeversorganisaties
Bedrijfs- en werkgeversorganisaties
Activiteiten van beroepsorganisaties
Beroepsorganisaties