ACTIVE

BROUWERIJ-HANDELSMAATSCHAPPIJ

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Financial year 2025 · Closed on 31/12/2025

Net result6,9 M €+157,0 %over 1 year
Revenue7 M €-3,0 %over 1 year
Equity104 M €+7,1 %over 1 year
Workforce1,7 ETP0,0 %over 1 year

Identity

Source · BCE/KBO

BROUWERIJ-HANDELSMAATSCHAPPIJ is a Public limited company incorporated in 1903. Its main activity is: Manufacture of beer. Its registered office is in Boortmeerbeek. It employs on average 1,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0403.567.015
Incorporation
31/12/1903
Legal form
Public limited company
Registered office
Provinciesteenweg 28
3190 Boortmeerbeek · FlandreSee on map
Contributed capital
8 100 000,00 €
Latest accounts
31/12/2025
Average workforce
1,7 ETP
Joint committees (1)
  • 220
Signals
ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 111 filings

Trend over 19 financial years

20252024202320222021
Income statement
Revenue7 M €7,2 M €6,9 M €6,3 M €5,4 M €
EBITDA6,9 M €6,8 M €6,8 M €6,6 M €4,3 M €
Operating result5 M €5 M €5 M €4,8 M €2,6 M €
Net result6,9 M €-12,1 M €4,3 M €4 M €2,3 M €
Balance sheet
Equity104 M €97,1 M €109,3 M €105 M €101,9 M €
Total assets110,1 M €103 M €115,3 M €110,8 M €107 M €
Cash5,7 k €1,5 k €63,2 k €60,2 k €29 k €
Debts1,9 M €1,9 M €2,1 M €2,1 M €1,4 M €
Other
Workforce1,7 ETP1,7 ETP1,7 ETP2,3 ETP3,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

8 active · 32 ended

Active mandates

ARGALIX

Director · since 15 décembre 2025 · until 26 mai 2026 · 0808.841.131

Represented by Francis Kint

Active
MICHAEL DE ROOVER

Chairman of the board of directors · since 27 juin 2025 · until 29 mai 2029 · 0476.789.444

Represented by Michaël De Roover

Active
RODE VENTURES

Director · since 27 mai 2025 · until 30 mai 2028 · 0836.174.741

Represented by Pierre Iweins

Active
Francois Monfils

Director · since 30 avril 2025 · until 29 mai 2029

Active
Michaël De Roover

Chairman of the board of directors · since 30 avril 2025 · until 27 juin 2025

Active
Jan De Nys

Director · since 28 mai 2024 · until 30 mai 2028

Active
Baudouin van der Kelen

Director · since 31 mai 2022 · until 30 mai 2028

Active
Isabelle van der Kelen

Director · since 31 mai 2022 · until 30 mai 2028

Active

Ended mandates

RODE VENTURES

Director · since 10 septembre 2024 · until 27 mai 2025 · 0836.174.741

Represented by Pierre Iweins

Ended
Daniël Malcorps

Director · since 28 mai 2024 · until 30 mai 2028

Ended
Jan De Nys

Director · since 30 juin 2023 · until 28 mai 2024

Ended
Anne van der Kelen

Director · since 31 mai 2022 · until 30 mai 2028

Ended

Other companies at this address

Provinciesteenweg 28 3190 Boortmeerbeek
CompanyCBE no.
ANNE MERKPOEL● Active
0848.355.367
ATLAS - Maatschappij voor LENINGEN EN VOORSCHOTTEN● Active
0400.928.615
BROUWERIJ HAACHT● Active
0415.276.794
INFRA● Active
0439.065.253

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date26/05/202629/05/202513/06/202404/08/202322/07/202226/06/2021
General meeting26/05/202627/05/202528/05/202430/05/202331/05/202225/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 111 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202526/05/202626/05/2026DutchPDF
Consolidated accounts31/12/202526/05/202626/05/2026DutchPDF
Full model31/12/202427/05/202529/05/2025DutchPDF
Consolidated accounts31/12/202427/05/202529/05/2025DutchPDF
Full model31/12/202328/05/202413/06/2024DutchPDF
Consolidated accounts31/12/202328/05/202413/06/2024DutchPDF
Full model31/12/202230/05/202304/08/2023DutchPDF
Consolidated accounts31/12/202230/05/202304/08/2023DutchPDF
Full model31/12/202131/05/202222/07/2022DutchPDF
Consolidated accounts31/12/202131/05/202222/07/2022DutchPDF
Full model31/12/202025/05/202126/06/2021DutchPDF
Consolidated accounts31/12/202025/05/202126/06/2021DutchPDF
Full model31/12/201931/07/202018/09/2020DutchPDF
Consolidated accounts31/12/201931/07/202018/09/2020DutchPDF
Full model31/12/201828/05/201907/06/2019DutchPDF
Consolidated accounts31/12/201801/01/999907/06/2019DutchPDF
Full model31/12/201729/05/201822/06/2018DutchPDF
Consolidated accounts31/12/201729/05/201822/06/2018DutchPDF
Full model31/12/201630/05/201726/06/2017DutchPDF
Consolidated accounts31/12/201630/05/201726/06/2017DutchPDF
Full model31/12/201531/05/201614/06/2016DutchPDF
Consolidated accounts31/12/201531/05/201614/06/2016DutchPDF
Full model31/12/201426/05/201523/06/2015DutchPDF
Consolidated accounts31/12/201426/05/201523/06/2015DutchPDF

View all 111 filings

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 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

8 active · 32 ended

Active mandates

ARGALIX

Director · since 15 décembre 2025 · until 26 mai 2026 · 0808.841.131

Represented by Francis Kint

Active
MICHAEL DE ROOVER

Chairman of the board of directors · since 27 juin 2025 · until 29 mai 2029 · 0476.789.444

Represented by Michaël De Roover

Active
RODE VENTURES

Director · since 27 mai 2025 · until 30 mai 2028 · 0836.174.741

Represented by Pierre Iweins

Active
Francois Monfils

Director · since 30 avril 2025 · until 29 mai 2029

Active
Michaël De Roover

Chairman of the board of directors · since 30 avril 2025 · until 27 juin 2025

Active
Jan De Nys

Director · since 28 mai 2024 · until 30 mai 2028

Active
Baudouin van der Kelen

Director · since 31 mai 2022 · until 30 mai 2028

Active
Isabelle van der Kelen

Director · since 31 mai 2022 · until 30 mai 2028

Active

Ended mandates

RODE VENTURES

Director · since 10 septembre 2024 · until 27 mai 2025 · 0836.174.741

Represented by Pierre Iweins

Ended
Daniël Malcorps

Director · since 28 mai 2024 · until 30 mai 2028

Ended
Jan De Nys

Director · since 30 juin 2023 · until 28 mai 2024

Ended
Anne van der Kelen

Director · since 31 mai 2022 · until 30 mai 2028

Ended

Ownership and network

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Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates09/04/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other12/06/2025
    DIVERSEN
    PDF
  • Mandates04/06/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/12/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/07/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING - DIVERSEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/05/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/05/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other16/04/2024
    DIVERSEN
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 20256,9 M €↑
  2. 27/05/2025
    nominationMichaël De Roover — voorzitter van de raad van bestuur
  3. 27/05/2025
    nominationPierre lweins — niet-uitvoerende bestuurder
  4. 30/04/2025
    nominationMichaël DE ROOVER — onafhankelijke bestuurder
  5. 30/04/2025
    nominationFrançois Monfils — niet-uitvoerende bestuurder
  6. 2024
    Annual accounts 2024-12,1 M €↓
  7. 28/05/2024
    demissionFrançois MONFILS — bestuurdersmandaat
  8. 28/05/2024
    nominationJan DE NYS — onafhankelijke bestuurder
  9. 28/05/2024
    nominationFrançois MONFILS — niet-uitvoerend bestuurder
  10. 28/05/2024
    nominationDaniël MALCORPS — niet-uitvoerend bestuurder
  11. 2024
    Name changeBROUWERIJ-HANDELSMAATSCHAPPIJ
  12. 2023
    Annual accounts 20234,3 M €↑
  13. 2022
    Annual accounts 20224 M €↑
  14. 31/05/2022
    reconductionIsabelle van der Kelen — bestuurder
  15. 31/05/2022
    reconductionAnne van der Kelen — bestuurder
  16. 31/05/2022
    reconductionBaudouin van der Kelen — bestuurder
  17. 2021
    Annual accounts 20212,3 M €↓
  18. 2021
    Name changeBrouwerij Handelsmaatschappij Co.Br.Ha.
  19. 2020
    Annual accounts 20202,4 M €↓
  20. 2019
    Annual accounts 20194 M €↓
  21. 28/05/2019
    nominationAnne Vleminckx-Huybens — bestuurder
  22. 2018
    Annual accounts 20185 M €↓
  23. 2017
    Annual accounts 20175,6 M €↑
  24. 2016
    Annual accounts 20165,3 M €↓
  25. 2015
    Annual accounts 20155,9 M €↑
  26. 2014
    Annual accounts 20145,3 M €↑
  27. 2013
    Annual accounts 20134,7 M €↓
  28. 2012
    Annual accounts 20126,9 M €↑
  29. 2011
    Annual accounts 20116,5 M €↓
  30. 2010
    Annual accounts 20106,6 M €↑
  31. 2009
    Annual accounts 20095,2 M €↑
  32. 2008
    Annual accounts 20084,4 M €↑
  33. 2008
    Name changeBrouwerij - Handelsmaatschappij - Société Commerciale de Brasserie
  34. 2006
    Annual accounts 20064,4 M €
  35. 31/12/1903
    IncorporationPublic limited company