Financials
Financial year 2025
European Association of Co-operative Banks from Brussel, company number BE0896081149, closed financial year 2025 with a result of € 28,589 after tax. For that financial year European Association of Co-operative Banks recorded a gross margin of € 3.1 million and equity of € 1.5 million. Compared with financial year 2024, the result moved from € 74,261 to € 28,589. The company is profitable. 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 July 30, 2026.
€ 1.5 million
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 28,589
▼ 62% vs 2024
Profit after tax over the fiscal year.
€ 1.3 million
▲ 4% vs 2024
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
16.1
▲ 0.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.7 million
▲ 8% vs 2024
€ 165,700 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.
€ 37,156
▲ 56% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 200,858
▼ 5% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 446,051
▲ 8% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,522,018 | € 2,709,973 | € 2,577,288 | € 3,113,137 | ▲ 21% |
| Profit after taxes | € 3,736 | € 42,040 | € 74,261 | € 28,589 | ▼ 62% |
| Equity | € 1,422,212 | € 1,464,252 | € 1,538,513 | € 1,512,804 | ▼ 2% |
| Total debts | € 569,310 | € 672,094 | € 674,157 | € 679,202 | ▲ 1% |
| Cash | € 1,265,667 | € 1,430,005 | € 1,293,761 | € 1,341,980 | ▲ 4% |
| Retained profit | € 1,422,212 | € 1,464,252 | € 1,538,513 | € 1,512,804 | ▼ 2% |
| Balance sheet total | € 2,147,664 | € 2,280,969 | € 2,307,016 | € 2,335,380 | ▲ 1% |
| Employees (FTE) | 13.9 | 14.1 | 15.5 | 16.1 | ▲ 0.6 |
Key figures of European Association of Co-operative Banks, 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 Association of Co-operative Banks?
What happened at European Association of Co-operative Banks in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 28,589 (▼ 62% vs 2024). Source: NBB ↗
- Daniel Quinten stepped down as director. NBB
- Vincent Maagdenberg stepped down as director. NBB
- Priscille Merle Szeradzki stepped down as director. NBB
- Daniel Quinten became a director. NBB
- Vincent Maagdenberg became a director. NBB
- Priscille Merle Szeradzki became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 3,736 profit in 2022 to € 28,589 profit in 2025.
Paid € 8,752 in corporate taxes since 2022.
Best year ever: 2024, with € 74,261 profit.
On average € 193,400 of value added per employee in 2025.
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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
Daniel Quinten
Vice-chairman of the board
since 2024 · until 2026
Vincent Maagdenberg
Vice-chairman of the board
since 2024 · until 2026
Priscille Merle Szeradzki
Chairman of the board
since 2024 · until 2026
Establishments
Establishment units
Physical locations of this company
Nijverheidsstraat 26-28
1040 Brussel
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0896.081.149
- VAT number
- BE 0896.081.149
- Registered office
- Nijverheidsstraat 26-28, 1040 Brussel
- Names & denominations
- European Association of Co-operative Banks · E.A.C.B.
- Enterprise type
- Rechtspersoon
- Legal form
- International non-profit association
- Legal situation
- Normale toestand
- Start date
- 28 February 2008
- Peppol
- Active · Active since 6 Jan 2026
- Activities · NACE
Activiteiten van bedrijfs- en werkgeversorganisaties
Bedrijfs- en werkgeversorganisaties
Activiteiten van beroepsorganisaties