ACTIVE

Société bruxelloise d'Expansion commerciale

Financial year 2025 · Closed on 31/12/2025

Net result798,8 k €+1 710,3 %over 1 year

Gross margin76 k €+5,8 %over 1 year

Equity1,7 M €+91,9 %over 1 year

Identity

Source · BCE/KBO

Société bruxelloise d'Expansion commerciale is a Public limited company incorporated in 1950. Its registered office is in Lasne.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0402.909.393
Incorporation: 14/12/1950
Legal form: Public limited company
Registered office: Bois-Héros 8A
1380 Lasne · WallonieSee on map
Contributed capital: 62 000,00 €
Latest accounts: 31/12/2025

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	76 k €	+5.8%	71,9 k €	+5.4%	68,2 k €	+0.8%	67,6 k €	+6.6%	63,5 k €
EBITDA	74,6 k €	+5.8%	70,6 k €	+5.2%	67 k €	+0.5%	66,7 k €	+7.0%	62,3 k €
Operating result	74,1 k €	+5.3%	70,4 k €	+5.3%	66,9 k €	+0.5%	66,6 k €	+6.8%	62,3 k €
Net result	798,8 k €	+1710%	44,1 k €	+72.7%	25,6 k €	-33.4%	38,4 k €	+19.1%	32,2 k €
Balance sheet
Equity	1,7 M €	+91.9%	869 k €	+5.3%	824,9 k €	+3.2%	799,4 k €	+5.0%	761 k €
Total assets	1,7 M €	+63.4%	1,1 M €	-14.5%	1,3 M €	+2.4%	1,2 M €	+3.3%	1,2 M €
Cash	489,7 k €	+2585%	18,2 k €	-87.9%	150,4 k €	+24.7%	120,6 k €	-8.3%	131,5 k €
Debts	79,5 k €	-60.3%	200,3 k €	-53.0%	426,3 k €	+1.0%	422,2 k €	+0.2%	421,3 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 14 ended

Active mandates

JEAN RELECOM

Mandate

Active

PHILIPPE RELECOM

Mandate

Active

PIERRE RELECOM

Mandate

Active

Ended mandates

JEAN RELECOM

Director · since 01 juillet 2009 · until 14 juin 2013

Ended

JEAN RELECOM

Director · since 01 juillet 2009 · until 13 juin 2019

Ended

JEAN RELECOM

Director · since 01 juillet 2009 · until 12 juin 2025

Ended

CHARLES FEYS

Director · since 14 juin 2007 · until 13 juin 2013

Ended

Other companies at this address

Bois-Héros 8A 1380 Lasne

Company	CBE no.
I.B.D.● Liquidation	0423.989.968

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
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	23/03/2026	24/03/2025	26/03/2024	21/03/2023	28/03/2022	23/03/2021
General meeting	19/03/2026	20/03/2025	21/03/2024	16/03/2023	17/03/2022	18/03/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	19/03/2026	23/03/2026	French	PDF
Abridged model	31/12/2024	20/03/2025	24/03/2025	French	PDF
Abridged model	31/12/2023	21/03/2024	26/03/2024	French	PDF
Abridged model	31/12/2022	16/03/2023	21/03/2023	French	PDF
Abridged model	31/12/2021	17/03/2022	28/03/2022	French	PDF
Abridged model	31/12/2020	18/03/2021	23/03/2021	French	PDF
Abridged model	31/12/2019	19/03/2020	06/05/2020	French	PDF
Abridged model	31/12/2018	13/06/2019	21/06/2019	French	PDF
Abridged model	31/12/2017	14/06/2018	14/06/2018	French	PDF
Abridged model	31/12/2016	08/06/2017	03/07/2017	French	PDF
Abridged model	31/12/2015	09/06/2016	15/06/2016	French	PDF
Abridged model	31/12/2014	11/06/2015	15/06/2015	French	PDF
Abridged model	31/12/2013	12/06/2014	15/06/2014	French	PDF
Abridged model	31/12/2012	13/06/2013	11/07/2013	French	PDF
Abridged model	31/12/2011	14/06/2012	19/06/2012	French	PDF
Abridged model	31/12/2010	09/06/2011	10/06/2011	French	PDF
Abridged model	31/12/2009	10/06/2010	29/06/2010	French	PDF
Abridged model	31/12/2008	11/06/2009	24/06/2009	French	PDF
Abridged model	31/12/2007	12/06/2008	16/06/2008	French	PDF
Abridged model	31/12/2006	14/06/2007	04/07/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 14 ended

Active mandates

JEAN RELECOM

Mandate

Active

PHILIPPE RELECOM

Mandate

Active

PIERRE RELECOM

Mandate

Active

Ended mandates

JEAN RELECOM

Director · since 01 juillet 2009 · until 14 juin 2013

Ended

JEAN RELECOM

Director · since 01 juillet 2009 · until 13 juin 2019

Ended

JEAN RELECOM

Director · since 01 juillet 2009 · until 12 juin 2025

Ended

CHARLES FEYS

Director · since 14 juin 2007 · until 13 juin 2013

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates05/05/2025
DEMISSIONS, NOMINATIONS
PDF
Restructuring11/02/2020
OBJET - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring25/11/2019
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Mandates21/08/2019
DEMISSIONS, NOMINATIONS
PDF
Mandates24/08/2016
DEMISSIONS, NOMINATIONS
PDF
Mandates23/10/2009
DEMISSIONS, NOMINATIONS
PDF
Mandates04/01/2008
DEMISSIONS, NOMINATIONS
PDF

Similar companies

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

See the Business plan

Timeline

2025
Annual accounts 2025798,8 k €↑
2024
Annual accounts 202444,1 k €↑
2023
Annual accounts 202325,6 k €↓
2022
Annual accounts 202238,4 k €↑
2021
Annual accounts 202132,2 k €↑
2020
Annual accounts 202027,5 k €↓
2019
Annual accounts 201951,6 k €↑
2018
Annual accounts 201826,3 k €↓
2017
Annual accounts 201796,4 k €↑
2016
Annual accounts 201653,6 k €↓
2015
Annual accounts 2015314,7 k €↑
2014
Annual accounts 201415,5 k €↓
2013
Annual accounts 201374,4 k €↑
2012
Annual accounts 2012-30,1 k €↓
2011
Annual accounts 2011-6,8 k €↓
2010
Annual accounts 20101,3 k €↓
2008
Annual accounts 20086,2 k €↓
2007
Annual accounts 20077 k €↑
2006
Annual accounts 20065,6 k €
14/12/1950
IncorporationPublic limited company

Société bruxelloise d'Expansion commerciale

Overview

Identity

Financials

Valuation

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

Timeline