ACTIVE

BDO BELGIUM

Financial year 2025 · closed on 30/09/2025
Net result
977,7 k €
-0.6% YoY
Revenue
45,8 M €
+8.2% YoY
Equity
11,3 M €
+11.6% YoY
Workforce
129,1 ETP
+7.6% YoY

What does BDO BELGIUM do?

BDO BELGIUM is a Private limited company incorporated in 1970. Its main activity is: Activities of head offices. Its registered office is in Zaventem. It employs on average 129,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0407.716.932
Incorporation
07/12/1970
Legal form
Private limited company
Registered office
Da Vincilaan 9 box E.6
1930 Zaventem · FlandreSee on map
Contributed capital
7 015 744,00 €
Latest accounts
30/09/2025
Average workforce
129,1 ETP
Joint committees (3)
  • 200
  • 218
  • 336
Contacts
1 public detail availableLog in to view
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Revenue45,8 M €42,3 M €39,3 M €32,1 M €31,1 M €18,0 M €16,6 M €17,6 M €17,6 M €15,9 M €15,1 M €13,5 M €12,5 M €10,7 M €9,7 M €9,7 M €9,2 M €7,8 M €6,6 M €
EBITDA6,8 M €6,8 M €5,7 M €4,2 M €4,5 M €4,0 M €2,9 M €2,3 M €1,9 M €1,8 M €2,0 M €1,8 M €1,3 M €1,4 M €1,1 M €1,5 M €1,4 M €1,2 M €944,7 k €
Operating result3,6 M €3,9 M €2,6 M €1,3 M €1,4 M €1,1 M €732,4 k €562,8 k €429,5 k €517,1 k €584,2 k €637,8 k €334,5 k €468,2 k €213,1 k €654,6 k €670,1 k €624,6 k €475,2 k €
Net result977,7 k €983,9 k €763,0 k €713,1 k €296,0 k €323,6 k €2,9 k €163,3 €642,1 €6,4 k €144,3 k €50,9 k €15,0 k €25,0 k €30,1 k €113,2 k €124,1 k €117,3 k €163,0 k €
Balance sheet
Equity11,3 M €10,1 M €8,6 M €7,7 M €6,3 M €4,5 M €4,1 M €4,0 M €4,3 M €3,7 M €3,9 M €3,7 M €3,5 M €3,4 M €3,3 M €3,0 M €2,9 M €2,4 M €1,7 M €
Total assets89,2 M €78,7 M €73,2 M €61,4 M €63,4 M €45,7 M €51,9 M €40,4 M €30,9 M €23,9 M €25,0 M €24,4 M €21,9 M €18,1 M €16,8 M €18,6 M €17,9 M €16,0 M €12,5 M €
Cash196,6 k €428,5 k €981,4 k €697,2 k €481,6 k €416,2 k €917,9 k €475,7 k €131,0 k €76,3 k €57,0 k €187,7 k €414,0 k €62,1 k €140,1 k €222,6 k €208,1 k €1,5 M €105,0 k €
Debts76,3 M €67,1 M €63,9 M €53,0 M €56,2 M €40,5 M €47,2 M €35,6 M €25,1 M €18,5 M €19,9 M €20,1 M €17,9 M €13,8 M €12,9 M €14,9 M €14,4 M €13,2 M €10,5 M €
Other
Workforce129,1 ETP120,0 ETP102,6 ETP94,2 ETP96,1 ETP37,0 ETP42,6 ETP40,1 ETP41,5 ETP40,5 ETP37,0 ETP35,5 ETP38,3 ETP37,5 ETP43,7 ETP34,9 ETP39,8 ETP31,8 ETP29,3 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation
Governance

Board of directors

Seen on filing of 30/09/2025 · 10 active · 262 ended

Active mandates

B.E.F.

Director · since 01 octobre 2025 · until 30 septembre 2029 · 1015.812.011

Represented by Frederik De Roo

Active
CS Réviseurs d'Entreprises

Director · since 01 octobre 2025 · until 30 septembre 2029 · 0752.749.692

Represented by Christian Schmetz

Active
K.K. Legal Consult

Managing director · since 01 octobre 2025 · until 30 septembre 2029 · 0561.779.260

Represented by Karen Keuleers

Active
STREEL Audit et Conseil

Director · since 01 octobre 2025 · until 30 septembre 2029 · 0818.748.393

Represented by Alexandre Streel

Active
Veerle Catry

Director · since 01 octobre 2025 · until 30 septembre 2029 · 0552.997.295

Represented by Veerle Catry

Active
VLACON

Managing director · since 01 octobre 2025 · until 30 septembre 2029 · 0889.547.903

Represented by Peter Van Laer

Active
F.A.E. Consulting

Director · since 01 octobre 2023 · until 30 septembre 2025 · 0883.532.319

Represented by Fabrice Grognard

Active
H. HERIJGERS

Director · since 01 octobre 2023 · until 30 septembre 2025 · 0861.262.208

Represented by Hennie Herijgers

Active
Sànùk

Director · since 01 octobre 2023 · until 30 septembre 2025 · 0886.889.212

Represented by Pieter-Jan Pattyn

Active
TriAs Beheer

Managing director · since 01 octobre 2023 · until 30 septembre 2025 · 0774.726.429

Represented by Johan Vandenbroeck

Active

Ended mandates

B.E.F.

Director · since 01 octobre 2024 · until 30 septembre 2025 · 1015.812.011

Ended
Frederik De Roo Belastingconsulent CommV.

Director · since 01 octobre 2023 · until 30 septembre 2024 · 0538.933.780

Represented by Frederik De Roo

Ended
Frederik De Roo Belastingconsulent CommV.

Director · since 01 octobre 2023 · until 30 septembre 2025 · 0538.933.780

Represented by Frederik De Roo

Ended
K.K. Legal Consult

Director · since 01 octobre 2023 · until 30 septembre 2025 · 0561.779.260

Represented by Karen Keuleers

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date21/04/202623/04/202517/04/202418/04/202326/04/202216/04/2021
General meeting25/03/202626/03/202527/03/202430/03/202330/03/202231/03/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

28 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model30/09/202525/03/202621/04/2026DutchPDF
m120-f-p30/09/202525/03/202621/04/2026DutchPDF
Full model30/09/202426/03/202523/04/2025DutchPDF
m120-f-p30/09/202426/03/202524/04/2025DutchPDF
Full model30/09/202327/03/202417/04/2024DutchPDF
m120-f-pCorrection30/09/202327/03/202414/05/2024DutchPDF
m120-f-p30/09/202327/03/202426/04/2024DutchPDF
Full model30/09/202230/03/202318/04/2023DutchPDF
m120-f-pCorrection30/09/202230/03/202314/09/2023DutchPDF
m120-f-p30/09/202230/03/202313/04/2023DutchPDF
Full model30/09/202130/03/202226/04/2022DutchPDF
m120-f-p30/09/202130/03/202221/04/2022DutchPDF
Full model30/09/202031/03/202116/04/2021DutchPDF
Full model30/09/201925/03/202030/04/2020DutchPDF
Full modelCorrection30/09/201827/03/201924/07/2019DutchPDF
Full model30/09/201827/03/201909/04/2019DutchPDF
Full model30/09/201726/03/201810/04/2018DutchPDF
Full model30/09/201627/03/201730/03/2017DutchPDF
Full model30/09/201521/03/201604/04/2016DutchPDF
Full model30/09/201430/03/201510/04/2015DutchPDF
Full model30/09/201331/03/201414/04/2014DutchPDF
Full model30/09/201225/03/201304/04/2013DutchPDF
Full model30/09/201126/03/201205/04/2012DutchPDF
Full model30/09/201028/03/201129/03/2011DutchPDF

View all 28 filings

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 30/09/2025 · 10 active · 262 ended

Active mandates

B.E.F.

Director · since 01 octobre 2025 · until 30 septembre 2029 · 1015.812.011

Represented by Frederik De Roo

Active
CS Réviseurs d'Entreprises

Director · since 01 octobre 2025 · until 30 septembre 2029 · 0752.749.692

Represented by Christian Schmetz

Active
K.K. Legal Consult

Managing director · since 01 octobre 2025 · until 30 septembre 2029 · 0561.779.260

Represented by Karen Keuleers

Active
STREEL Audit et Conseil

Director · since 01 octobre 2025 · until 30 septembre 2029 · 0818.748.393

Represented by Alexandre Streel

Active
Veerle Catry

Director · since 01 octobre 2025 · until 30 septembre 2029 · 0552.997.295

Represented by Veerle Catry

Active
VLACON

Managing director · since 01 octobre 2025 · until 30 septembre 2029 · 0889.547.903

Represented by Peter Van Laer

Active
F.A.E. Consulting

Director · since 01 octobre 2023 · until 30 septembre 2025 · 0883.532.319

Represented by Fabrice Grognard

Active
H. HERIJGERS

Director · since 01 octobre 2023 · until 30 septembre 2025 · 0861.262.208

Represented by Hennie Herijgers

Active
Sànùk

Director · since 01 octobre 2023 · until 30 septembre 2025 · 0886.889.212

Represented by Pieter-Jan Pattyn

Active
TriAs Beheer

Managing director · since 01 octobre 2023 · until 30 septembre 2025 · 0774.726.429

Represented by Johan Vandenbroeck

Active

Ended mandates

B.E.F.

Director · since 01 octobre 2024 · until 30 septembre 2025 · 1015.812.011

Ended
Frederik De Roo Belastingconsulent CommV.

Director · since 01 octobre 2023 · until 30 septembre 2024 · 0538.933.780

Represented by Frederik De Roo

Ended
Frederik De Roo Belastingconsulent CommV.

Director · since 01 octobre 2023 · until 30 septembre 2025 · 0538.933.780

Represented by Frederik De Roo

Ended
K.K. Legal Consult

Director · since 01 octobre 2023 · until 30 septembre 2025 · 0561.779.260

Represented by Karen Keuleers

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates19/05/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/10/2025
    DIVERSEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/10/2025
    DIVERS - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates14/07/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other14/10/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other14/10/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates15/05/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/01/2024
    CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - 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

Timeline

  1. 25/03/2026
    reconductionSam Kwanten — commissaris en consolidatie-revisor
  2. 01/10/2025
    nominationPeter Van Laer — CEO / Voorzitter ExCo
  3. 01/10/2025
    nominationChristophe Colson — COO
  4. 01/10/2025
    nominationMichaël Delbeke — Managing Partner Audit & Assurance
  5. 01/10/2025
    nominationWesley Clemens — Managing Partner Accounting & Reporting
  6. 01/10/2025
    nominationErwin Boumans — Managing Partner Tax & Legal
  7. 01/10/2025
    nominationAlexander Veithen — Managing Partner Advisory - Strategy, Growth & Innovation
  8. 01/10/2025
    nominationKoen Claessens — Managing Partner Advisory - Performance, Digital & Risk Management
  9. 01/10/2025
    nominationKEULEERS Karen — bestuurder / Voorzitter van de Raad van Bestuur / gedelegeerd bestuurder
  10. 01/10/2025
    nominationVAN LAER Peter — bestuurder / CEO / gedelegeerd bestuurder
  11. 01/10/2025
    nominationDE ROO Frederik Jan Willem — bestuurder
  12. 01/10/2025
    nominationSTREEL Alexandre Jean-Marc — bestuurder
  13. 01/10/2025
    nominationCATRY Veerle Lieve Lucia — bestuurder
  14. 01/10/2025
    nominationSCHMETZ Christian — bestuurder
  15. 01/10/2025
    nominationKEULEERS Karen — administrateur (via K.K. Legal Consult)
  16. 01/10/2025
    nominationVAN LAER Peter — administrateur (via VLACON)
  17. 01/10/2025
    nominationDE ROO Frederik Jan Willem — administrateur (via B.E.F.)
  18. 01/10/2025
    nominationSTREEL Alexandre Jean-Marc — administrateur (via STREEL Audit et Conseil)
  19. 01/10/2025
    nominationCATRY Veerle Lieve Lucia — administrateur (via Veerle Catry)
  20. 01/10/2025
    nominationSCHMETZ Christian — administrateur (via CS Réviseurs d’Entreprises)
  21. 01/10/2025
    reconductionVAN LAER Peter — CEO (via VLACON)
  22. 30/09/2025
    reduction_capital
  23. 30/09/2025
    augmentation_capital
  24. 2025
    Annual accounts 2025977,7 k €
  25. 31/10/2024
    nominationB.E.F. CommV — bestuurder
  26. 2024
    Annual accounts 2024983,9 k €
  27. 01/10/2023
    reconductionPeter Van Laer — CEO / Voorzitter ExCo
  28. 01/10/2023
    reconductionChristophe Colson — COO
  29. 01/10/2023
    reconductionVeerle Catry — Managing Partner Audit
  30. 01/10/2023
    reconductionDirk Vandendaele — Managing Partner Accounting
  31. 01/10/2023
    reconductionErwin Boumans — Managing Partner T&L
  32. 01/10/2023
    reconductionAlexander Veithen — Managing Partner ADV / Managing Partner Financial Advisory
  33. 01/10/2023
    reconductionKoen Claessens — Managing Partner Management Advisory
  34. 01/10/2023
    reconductionVANDENBROECK Johan Francis Theo Irma — lid van de Raad van Bestuur
  35. 01/10/2023
    reconductionVAN LAER Peter — lid van de Raad van Bestuur / CEO / gedelegeerd bestuurder
  36. 01/10/2023
    reconductionGROGNARD Fabrice Léon Louis Ghislain — lid van de Raad van Bestuur
  37. 01/10/2023
    reconductionDE ROO Frederik Jan Willem — lid van de Raad van Bestuur
  38. 01/10/2023
    reconductionHERIJGERS Hendrikus Cornelis Jacobus — lid van de Raad van Bestuur
  39. 01/10/2023
    reconductionKEULEERS Karen — lid van de Raad van Bestuur
  40. 01/10/2023
    reconductionPATTYN Pieter-Jan Marc — lid van de Raad van Bestuur
  41. 01/10/2023
    reconductionSTREEL Alexandre Jean-Marc — lid van de Raad van Bestuur
  42. 01/10/2023
    reconductionTriAs Beheer — membre du conseil d'administration
  43. 01/10/2023
    reconductionVLACON — membre du conseil d'administration
  44. 01/10/2023
    reconductionF.A.E. Consulting — membre du conseil d'administration
  45. 01/10/2023
    reconductionFrederik De Roo Belastingconsulent — membre du conseil d'administration
  46. 01/10/2023
    reconductionH. HERIJGERS — membre du conseil d'administration
  47. 01/10/2023
    reconductionK.K. Legal Consult — membre du conseil d'administration
  48. 01/10/2023
    reconductionSànùk — membre du conseil d'administration
  49. 01/10/2023
    reconductionSTRÉEL Audit et Conseil — membre du conseil d'administration
  50. 30/09/2023
    cession
  51. 30/09/2023
    augmentation_capital
  52. 2023
    Annual accounts 2023763,0 k €
  53. 30/03/2023
    reconductionMoore Audit — commissaris en consolidatierevisor
  54. 01/10/2022
    augmentation_capital
  55. 2022
    Annual accounts 2022713,1 k €
  56. 31/03/2022
    reduction_capitalDE BOECK Olivier Frans Maria Beatrice Paul
  57. 23/12/2021
    augmentation_capital
  58. 2021
    Annual accounts 2021296,0 k €
  59. 2020
    Annual accounts 2020323,6 k €
  60. 2019
    Annual accounts 20192,9 k €
  61. 2018
    Annual accounts 2018163,3 €
  62. 2017
    Annual accounts 2017642,1 €
  63. 2016
    Annual accounts 20166,4 k €
  64. 2015
    Annual accounts 2015144,3 k €
  65. 2014
    Annual accounts 201450,9 k €
  66. 2013
    Annual accounts 201315,0 k €
  67. 2012
    Annual accounts 201225,0 k €
  68. 2011
    Annual accounts 201130,1 k €
  69. 2010
    Annual accounts 2010113,2 k €
  70. 2009
    Annual accounts 2009124,1 k €
  71. 2008
    Annual accounts 2008117,3 k €
  72. 2007
    Annual accounts 2007163,0 k €
  73. 07/12/1970
    IncorporationPrivate limited company