EUN PARTNERSHIP
ActiveEUN PARTNERSHIP has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €6.50M and a net result of €911k. Equity is growing by ~15.1% per year across the filed fiscal years. Its solvency ranks better than 31% of 803 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2024
100
/ 100
Excellent▲ +19 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability55▲+26
Solvency88▲+9
Growth74▼-4
Stability100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €650k at 30 days acceptable
Liquidity ample (current ratio 5.04 against 4.21 in 2023), but 61.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 85
Relative position
BE, all sectors
reference
Sector 85
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
38.7%
Return on assets
5.4%
Age of the figures
20 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-07-2025, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
29 d early
2023
49 d early
2022
39 d early
2021
11 d early
2020
13 d late
2019
125 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Turnover
€11.86M▼ 2.0%
2023 · €12.10M
2019: €8.20M
2021: €10.53M
2022: €11.17M
2023: €12.10M
2019 → 2024
EBIT margin
6.0%▲ 3.4pp
2023 · 2.7%
2019: 1.6%
2021: 9.0%
2022: 8.2%
2023: 2.7%
2019 → 2024
Net result
€911k▲ 152%
2023 · €361k
2019: €223k
2021: €971k
2022: €947k
2023: €361k
2019 → 2024
Working capital
€13.39M▲ 1.5%
2023 · €13.19M
2019: €7.77M
2021: €11.24M
2022: €12.46M
2023: €13.19M
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192021202220232024Trend
Turnover€8.20M-€10.53M▲ 28.5%€11.17M▲ 6.0%€12.10M▲ 8.3%€11.86M▼ 2.0%
Equity€2.49M-€4.30M▲ 72.9%€5.23M▲ 21.6%€5.59M▲ 6.9%€6.50M▲ 16.3%
Operating result€130k-€946k▲ 627%€921k▼ 2.7%€323k▼ 64.9%€715k▲ 121%
Net result€223k-€971k▲ 335%€947k▼ 2.5%€361k▼ 61.9%€911k▲ 152%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 121% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €16.81M
Fixed assets
€106k▲ 30.9%
Current assets
€16.70M▼ 3.4%
Equity and liabilities €16.81M
Equity
€6.50M▲ 16.3%
Provisions
€3.87M▼ 0.2%
Debt
€6.43M▼ 18.6%
The debt ratio falls from 45.5% to 38.3%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€760k▲
2023 · €366k
Cash flow
€955k▲
2023 · €404k
Solvency
38.7%▲
2023 · 32.2%
Current ratio
5.04▲
2023 · 4.21
Quick ratio
5.04▲
2023 · 4.21
Debt / equity
0.99▼
2023 · 1.41
ROE
14.0%▲
2023 · 6.5%
ROA
5.4%▲
2023 · 2.1%
Interest coverage
71.65▲
2023 · 28.88
Debt
€6.43M▼
2023 · €7.91M
Debt ≤ 1 year
€3.31M▼
2023 · €4.11M
Income taxes
€63k
Staff costs
€6.27M▲
2023 · €6.00M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€17.38M€16.81M▼
Fixed assets21/28€81k€106k▲
Tangible fixed assets22/27€81k€106k▲
Plant, machinery and equipment23€38k€27k▼
Furniture and vehicles24€43k€79k▲
Current assets29/58€17.30M€16.70M▼
Amounts receivable within one year40/41€5.85M€5.85M=
Trade receivables40€5.34M€5.28M▼
Other amounts receivable41€509k€573k▲
Cash at bank and in hand54/58€11.39M€10.79M▼
Deferred charges and accrued income490/1€61k€63k▲
Equity and liabilities
Total equity and liabilities10/49€17.38M€16.81M▼
Equity10/15€5.59M€6.50M▲
Profit (loss) carried forward14€5.59M€6.50M▲
Provisions and deferred taxes16€3.88M€3.87M▼
Provisions for liabilities and charges160/5€3.88M€3.87M▼
Other liabilities and charges164/5€3.88M€3.87M▼
Amounts payable17/49€7.91M€6.43M▼
Amounts payable within one year42/48€4.11M€3.31M▼
Trade debts44€1.60M€1.42M▼
Suppliers440/4€1.60M€1.42M▼
Taxes, remuneration and social security45€804k€1.29M▲
Remuneration and social security454/9€804k€1.29M▲
Accrued charges and deferred income492/3€3.80M€3.12M▼
Income statement
Code20232024
Operating income70/76A€13.11M€12.94M▼
Turnover70€12.10M€11.86M▼
Other operating income74€8k€10k▲
Operating charges60/66A€12.79M€12.22M▼
Services and other goods61€6.68M€5.84M▼
Remuneration, social security and pensions62€6.00M€6.27M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€42k€44k▲
Other operating charges640/8€79k€72k▼
Operating profit (loss)9901€323k€715k▲
Financial income75/76B€51k€269k▲
Recurring financial income75€733€211k▲
Other financial income752/9€733€211k▲
Non-recurring financial income76B€50k€58k▲
Financial charges65/66B€13k€11k▼
Recurring financial charges65€13k€11k▼
Other financial charges652/9€13k€11k▼
Profit (loss) for the period before taxes9903€361k€974k▲
Income taxes67/77-€63k
Taxes670/3-€63k
Profit (loss) for the period9904€361k€911k▲
Profit (loss) for the period to be appropriated9905€361k€911k▲
Appropriation of the result
Profit (loss) to be appropriated9906€5.59M€6.50M▲
Profit (loss) brought forward from the previous period14P€5.23M€5.59M▲
Social balance
Average headcount (FTE)908790.489.5▼
The notes to these accounts (30 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
12-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €5MEq €5.23M ▲21.6%
3 profitable years in a row build equity to €5.23M.
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2019net €971k ▲335%
Operating result €946k, net result €971k, both a record.
13-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 13 days late
2020
03-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 125 days late
2019
30-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 91 days late
2018
28-11
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 120 days late
2017
11-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
11-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 11 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
28-10-2025
Maria João Horta: Resigned as Director
10-07-2025
KARLBERG Rolf: Resigned as Director
24-11-2023
Nathalie Terrades: Resigned as Director
01-02-2023
José Victor Pedroso: Resigned as Director
01-02-2023
Morten Soby: Resigned as Director
30-09-2022
Marc Durando: Resigned as Daily management
09-06-2021
BIONDI Giovanni: Resigned as Director
28-04-2017
KRUPA Janusz: Resigned as Director
20-06-2011
Jean-Luc BARRAS: Resigned as Director
20-06-2011
Petter KORSETH: Resigned as Director
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 2002
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Trierstraat 611040 BrusselGround area
1,617 m²
Building footprint
1,062 m²
Volume, LiDAR
25,694 m³
Parcel 21805E0217/00W002, Brussels · tallest building 32.3 m, ±9 floors. Linked by address, not a title deed.
1 establishment unit
EUN PARTNERSHIP
since 20022.156.420.064
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21805E0217/00W002 | Brussels | 1,617 m² | 1 · 1,062 m² | 32.3 m · 9 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
European Union, budget
2021 to 2025 · 65 entries · 47,964,309 EUR in total| Year | Entries | awarded |
|---|---|---|
| 2025 | 14 | 11,172,359 EUR |
| 2024 | 9 | 10,056,642 EUR |
| 2023 | 18 | 13,703,059 EUR |
| 2022 | 16 | 9,530,192 EUR |
| 2021 | 8 | 3,502,058 EUR |
Projects
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BETTER INTERNET FOR KIDS (BIK) PLATFORM
SI2.4122 - EACEA/2024/OP/0001 - LOT 2 - REQUEST FOR SERVICES 1
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EUROPEAN CORE PLATFORM FOR DIGITAL SKILLS AND JOBS - SMART 2019/1086
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101085351 - TEACH EUROPE - TEACH EUROPE - UPSKILLING EDUCATORS TO TEACH ABOUT AND FOR THE EU
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European research
33 projects · 11 as coordinator · 26,006,127 EUR EU contributionProgrammes
fp7
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HORIZON
Projects
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European Coordinating Body in Maths, Science and Technology Education (ECB)
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Of 948 companies in sector 85699 we hold annual accounts for 147. 38 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formInt'l non-profit association
Founded26-09-2002
Fiscal year end31-12
Abbreviation FR
EUN
Activities, NACEBEL
72100
85699Other educational support services
94999Other membership organisations
62020IT consultancy
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:financial@eun.org