ACTIVE

Unibra

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Financial year 2025 · closed on 31/12/2025

Net result

550,9 k €

+47.5% YoY

Revenue

3,7 M €

+12.2% YoY

Equity

91,3 M €

-5.1% YoY

Workforce

9,8 ETP

+32.4% YoY

What does Unibra do?

Unibra is a Public limited company incorporated in 1968. Its main activity is: Activities of holding companies. Its registered office is in Watermael-Boitsfort. It employs on average 9,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0402.833.179

Incorporation

01/01/1968

Legal form

Public limited company

Registered office

Boulevard du Souverain 25 box 9
1170 Watermael-Boitsfort · BruxellesSee on map

Contributed capital

16 000 000,00 €

Latest accounts

31/12/2025

Average workforce

9,8 ETP

Activities (NACE)

64200Activities of holding companies· main 64210Activities of holding companies 65234Reinsurance

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	3,7 M €	+12.2%	3,3 M €	+6.1%	3,1 M €	-19.6%	3,8 M €	+19.6%	3,2 M €	-6.8%	3,4 M €	-2.2%	3,5 M €	+26.3%	2,8 M €	-2.3%	2,9 M €	+33.7%	2,1 M €	+251%	607,7 k €	+316%	146,2 k €	+12.5%	129,9 k €	+0.1%	129,8 k €	+38.4%	93,8 k €	+43.8%	65,2 k €	-60.3%	164,3 k €	-39.1%	269,7 k €	+24.6%	216,5 k €	+28.0%	169,2 k €
EBITDA	171,7 k €	+1000%	15,6 k €	+105%	-336,8 k €	-149%	684,5 k €	+302%	-339,4 k €	-172%	469,2 k €	+492%	-119,5 k €	-211%	107,5 k €	+147%	-229,9 k €	+59.9%	-573,9 k €	+66.4%	-1,7 M €	+22.0%	-2,2 M €	-26.9%	-1,7 M €	+13.6%	-2 M €	+11.4%	-2,3 M €	+3.5%	-2,3 M €	-2.4%	-2,3 M €	+14.2%	-2,7 M €	+4.3%	-2,8 M €	-24.0%	-2,2 M €
Operating result	60,6 k €	+164%	-94,3 k €	+77.2%	-414,2 k €	-165%	636,7 k €	+268%	-380 k €	-199%	382,3 k €	+270%	-224,8 k €	-2103%	-10,2 k €	+97.1%	-356,3 k €	+47.0%	-672,2 k €	+62.2%	-1,8 M €	+21.8%	-2,3 M €	-33.4%	-1,7 M €	+21.7%	-2,2 M €	+6.4%	-2,3 M €	+3.8%	-2,4 M €	-2.8%	-2,4 M €	+12.9%	-2,7 M €	+4.5%	-2,8 M €	-23.4%	-2,3 M €
Net result	550,9 k €	+47.5%	373,6 k €	-90.4%	3,9 M €	+132%	1,7 M €	+80.8%	926,7 k €	-27.4%	1,3 M €	-5.4%	1,3 M €	-93.4%	20,4 M €	+152%	8,1 M €	+22.0%	6,6 M €	+101%	3,3 M €	+1436%	214,8 k €	-98.5%	14,1 M €	+1106%	-1,4 M €	-125%	5,6 M €	-19.5%	7 M €	-16.4%	8,4 M €	+180%	-10,5 M €	-825%	1,4 M €	-80.1%	7,3 M €
Balance sheet
Equity	91,3 M €	-5.1%	96,2 M €	-5.3%	101,6 M €	+1.4%	100,3 M €	-2.7%	103 M €	-0.1%	103,1 M €	+0.3%	102,8 M €	+0.8%	102 M €	+23.5%	82,6 M €	+9.4%	75,5 M €	+9.0%	69,2 M €	-18.5%	85 M €	-0.1%	85 M €	+18.3%	71,9 M €	-1.9%	73,3 M €	+6.7%	68,7 M €	-10.4%	76,7 M €	+10.2%	69,6 M €	-14.5%	81,4 M €	+0.2%	81,2 M €
Total assets	109,5 M €	-6.7%	117,3 M €	+1.0%	116,2 M €	+3.9%	111,8 M €	+0.5%	111,2 M €	+1.3%	109,8 M €	-3.4%	113,6 M €	-1.3%	115,1 M €	+12.1%	102,7 M €	-6.3%	109,6 M €	+6.2%	103,2 M €	+16.5%	88,6 M €	-19.3%	109,7 M €	+52.0%	72,2 M €	-4.5%	75,6 M €	-10.9%	84,9 M €	-0.5%	85,3 M €	+14.8%	74,3 M €	-10.5%	83 M €	+0.4%	82,7 M €
Cash	6,8 M €	+299%	1,7 M €	+42.1%	1,2 M €	-61.8%	3,1 M €	-25.8%	4,2 M €	-44.5%	7,6 M €	-59.3%	18,7 M €	-53.8%	40,6 M €	+539%	6,3 M €	-38.6%	10,3 M €	-1.8%	10,5 M €	+301%	2,6 M €	-91.8%	31,8 M €	+1185%	2,5 M €	+243%	723 k €	+126%	319,6 k €	-60.6%	810,8 k €	-71.7%	2,9 M €	+2143%	127,5 k €	-69.8%	421,6 k €
Debts	18,1 M €	-13.7%	21 M €	+45.3%	14,4 M €	+25.2%	11,5 M €	+40.2%	8,2 M €	+23.5%	6,7 M €	-38.1%	10,8 M €	-18.0%	13,1 M €	-34.2%	19,9 M €	-41.1%	33,9 M €	+0.7%	33,6 M €	+849%	3,5 M €	-85.6%	24,6 M €	+10116%	241,1 k €	-89.4%	2,3 M €	-86.0%	16,2 M €	+88.2%	8,6 M €	+83.4%	4,7 M €	+192%	1,6 M €	+8.6%	1,5 M €
Other
Workforce	9,8 ETP	+32.4%	7,4 ETP	+12.1%	6,6 ETP	+13.8%	5,8 ETP	+5.5%	5,5 ETP	-8.3%	6,0 ETP	-11.8%	6,8 ETP	-26.9%	9,3 ETP	+3.3%	9,0 ETP	-17.4%	10,9 ETP	0.0%	10,9 ETP	+12.4%	9,7 ETP	+7.8%	9,0 ETP	0.0%	9,0 ETP	0.0%	9,0 ETP	-10.0%	10,0 ETP	-11.5%	11,3 ETP	+2.7%	11,0 ETP	-0.9%	11,1 ETP	-11.9%	12,6 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 54 ended

Active mandates

Jean-Paul VAN HOLLEBEKE

Chairman of the board of directors · since 28 mai 2025 · until 31 mai 2028

Active

Jean Müller

Director · since 01 septembre 2024 · until 26 mai 2027

Active

Bruno COLMANT

Director · since 22 mai 2024 · until 26 mai 2027

Active

Maïté RELECOM

Vice-chairman of the board of directors · since 22 mai 2024 · until 26 mai 2027

Active

Thibault RELECOM

Managing director · since 22 mai 2024 · until 26 mai 2027

Active

Ended mandates

Jean-Paul VAN HOLLEBEKE

Chairman of the board of directors · since 25 mai 2022 · until 16 mai 2025

Ended

Jean-Paul VAN HOLLEBEKE

Chairman of the board of directors · since 25 mai 2022 · until 28 mai 2025

Ended

Bruno COLMANT

Director · since 26 mai 2021 · until 17 mai 2024

Ended

GEREFIS

Director · since 26 mai 2021 · until 17 mai 2024 · 0470.099.018

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Consolidated accounts
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	29/06/2026	30/06/2025	14/06/2024	29/06/2023	15/06/2022	12/07/2021
General meeting	27/05/2026	28/05/2025	22/05/2024	24/05/2023	25/05/2022	26/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

31 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	27/05/2026	29/06/2026	French	PDF
Full model	31/12/2024	28/05/2025	30/06/2025	French	PDF
Consolidated accounts	31/12/2024	28/05/2025	12/12/2025	French	PDF
Full model	31/12/2023	22/05/2024	14/06/2024	French	PDF
Consolidated accounts	31/12/2023	22/05/2024	18/07/2024	French	PDF
Full model	31/12/2022	24/05/2023	29/06/2023	French	PDF
Consolidated accounts	31/12/2022	24/05/2023	28/12/2023	French	PDF
Full model	31/12/2021	25/05/2022	15/06/2022	French	PDF
Consolidated accounts	31/12/2021	—	26/08/2022	French	PDF
Full model	31/12/2020	26/05/2021	10/06/2021	French	PDF
Consolidated accounts	31/12/2020	26/05/2021	12/07/2021	French	PDF
Full model	31/12/2019	27/05/2020	18/06/2020	French	PDF
Full model	31/12/2018	22/05/2019	12/06/2019	French	PDF
Full model	31/12/2017	23/05/2018	28/05/2018	French	PDF
Full model	31/12/2016	24/05/2017	06/07/2017	French	PDF
Full model	31/12/2015	25/05/2016	26/08/2016	French	PDF
Full model	31/12/2014	27/05/2015	28/08/2015	French	PDF
Full model	31/12/2013	28/05/2014	23/06/2014	French	PDF
Full model	31/12/2012	22/05/2013	28/06/2013	French	PDF
Full model	31/12/2011	22/05/2012	20/06/2012	French	PDF
Consolidated accounts	31/12/2011	23/05/2012	21/06/2012	French	PDF
Full model	31/12/2010	25/05/2011	08/06/2011	French	PDF
Consolidated accounts	31/12/2010	25/05/2011	14/06/2011	French	PDF
Full model	31/12/2009	26/05/2010	26/05/2010	French	PDF

View all 31 filings

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 54 ended

Active mandates

Jean-Paul VAN HOLLEBEKE

Chairman of the board of directors · since 28 mai 2025 · until 31 mai 2028

Active

Jean Müller

Director · since 01 septembre 2024 · until 26 mai 2027

Active

Bruno COLMANT

Director · since 22 mai 2024 · until 26 mai 2027

Active

Maïté RELECOM

Vice-chairman of the board of directors · since 22 mai 2024 · until 26 mai 2027

Active

Thibault RELECOM

Managing director · since 22 mai 2024 · until 26 mai 2027

Active

Ended mandates

Jean-Paul VAN HOLLEBEKE

Chairman of the board of directors · since 25 mai 2022 · until 16 mai 2025

Ended

Jean-Paul VAN HOLLEBEKE

Chairman of the board of directors · since 25 mai 2022 · until 28 mai 2025

Ended

Bruno COLMANT

Director · since 26 mai 2021 · until 17 mai 2024

Ended

GEREFIS

Director · since 26 mai 2021 · until 17 mai 2024 · 0470.099.018

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates22/07/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates30/09/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates13/08/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates31/01/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates29/01/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates03/09/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates27/02/2024
DEMISSIONS, NOMINATIONS
PDF
Other11/01/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025550,9 k €↑
2024
Annual accounts 2024373,6 k €↓
02/09/2024
nominationErlinde Eeman — membre du comité exécutif / General Counsel
02/09/2024
unknownThibault Relecom — GEO
02/09/2024
unknownRenaud BLAVIER — GM
02/09/2024
unknownMarc LIMNEOS — CFO
02/09/2024
unknownJean-Nicolas MONTRIEUX — Head of Real Estate
01/09/2024
nominationJean Müller — administrateur
22/05/2024
nominationThibault Relecom — CEO
22/05/2024
nominationEric Gilson — directeur général
22/05/2024
reconductionJean Paul VAN HOLLEKE — administrateur
22/05/2024
reconductionMaïté RELECOM — administrateur
22/05/2024
reconductionThibault RELECOM — administrateur-délégué
22/05/2024
reconductionBruno COLMANT — administrateur
22/05/2024
nominationJean-Paul VAN HOLLEBEKE — administrateur
01/01/2024
nominationThibault Relecom — membre du comité exécutif (CEO)
01/01/2024
nominationRenaud BLAVIER — membre du comité exécutif (représentant de Thalès Management SRL)
01/01/2024
nominationMarc LIMNEOS — membre du comité exécutif (représentant de ML BUSINESS PARTNER SRL)
01/01/2024
nominationMarjolein BEYNSBERGER — membre du comité exécutif (représentante de Immere BV)
2023
Annual accounts 20233,9 M €↑
24/05/2023
reconductionSCRL BDO Réviseurs d'Entreprises — Commissaire
2022
Annual accounts 20221,7 M €↑
25/05/2022
reconductionJean-Paul VAN HOLLEBEKE — administrateur
2021
Annual accounts 2021926,7 k €↓
2020
Annual accounts 20201,3 M €↓
2019
Annual accounts 20191,3 M €↓
2018
Annual accounts 201820,4 M €↑
2017
Annual accounts 20178,1 M €↑
2016
Annual accounts 20166,6 M €↑
2015
Annual accounts 20153,3 M €↑
2014
Annual accounts 2014214,8 k €↓
2013
Annual accounts 201314,1 M €↑
2012
Annual accounts 2012-1,4 M €↓
2011
Annual accounts 20115,6 M €↓
2010
Annual accounts 20107 M €↓
2009
Annual accounts 20098,4 M €↑
2008
Annual accounts 2008-10,5 M €↓
2007
Annual accounts 20071,4 M €↓
2006
Annual accounts 20067,3 M €
01/01/1968
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Unibra

Overview

What does Unibra do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline