ACTIVE

De Brug

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Financial year 2025 · closed on 31/12/2025

Net result

-253,5 k €

-356.8% YoY

Revenue

12,6 M €

+0.7% YoY

Equity

24,6 M €

-1.1% YoY

Workforce

341,3 ETP

+2.5% YoY

What does De Brug do?

De Brug is a Non-profit organization incorporated in 1971. Its registered office is in Mortsel. It employs on average 341,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0408.347.828

Incorporation

08/06/1971

Legal form

Non-profit organization

Registered office

Waesdonckstraat 1
2640 Mortsel · FlandreSee on map

Latest accounts

31/12/2025

Average workforce

341,3 ETP

Joint committees (1)

32701

Signals

Solid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Revenue	12,6 M €	+0.7%	12,5 M €	-0.2%	12,6 M €	+3.0%	12,2 M €	+12.5%	10,9 M €	+3.8%	10,5 M €	-2.2%	10,7 M €	+8.0%	9,9 M €	-7.2%	10,7 M €	+14.7%	9,3 M €	+7.0%	8,7 M €	+3.9%	8,4 M €	-2.9%	8,6 M €	+9.8%	7,8 M €	+0.1%	7,8 M €	-3.0%	8,1 M €	+20.3%	6,7 M €	-19.3%	8,3 M €	+97085%	8,6 k €
EBITDA	612,1 k €	-49.6%	1,2 M €	+13.1%	1,1 M €	+19.4%	899,8 k €	-18.5%	1,1 M €	+0.3%	1,1 M €	-22.5%	1,4 M €	+36.7%	1 M €	-28.1%	1,4 M €	+12.5%	1,3 M €	+65.0%	778,2 k €	-30.9%	1,1 M €	+2.2%	1,1 M €	+4.7%	1,1 M €	+13.3%	929,2 k €	-18.7%	1,1 M €	-4.2%	1,2 M €	-34.8%	1,8 M €	+90174%	2 k €
Operating result	-492,3 k €	-307%	-121 k €	+31.7%	-177,3 k €	+8.8%	-194,4 k €	-6161%	3,2 k €	-93.1%	46,4 k €	-85.1%	311,5 k €	+4529%	-7 k €	-102%	463,2 k €	+31.2%	353,1 k €	+285%	-191,2 k €	-157%	336,3 k €	+15.7%	290,7 k €	+40.3%	207,2 k €	+485%	35,4 k €	-87.4%	281,2 k €	-13.5%	325,1 k €	-77.1%	1,4 M €	+118987%	1,2 k €
Net result	-253,5 k €	-357%	98,7 k €	+273%	-56,9 k €	+65.4%	-164,7 k €	-839%	22,3 k €	-69.1%	72,1 k €	-80.6%	372,2 k €	+353%	82,1 k €	-89.3%	769,4 k €	+57.0%	489,9 k €	+322%	116,2 k €	-85.2%	782,5 k €	-70.4%	2,6 M €	+356%	578,4 k €	+27.8%	452,6 k €	-40.7%	763,2 k €	-21.0%	966 k €	-45.3%	1,8 M €	+114151%	1,5 k €
Balance sheet
Equity	24,6 M €	-1.1%	24,9 M €	+0.2%	24,8 M €	-0.2%	24,9 M €	-0.8%	25,1 M €	-0.0%	25,1 M €	+0.1%	25,1 M €	+1.6%	24,7 M €	+0.4%	24,6 M €	+3.3%	23,8 M €	+1.9%	23,3 M €	+0.3%	23,3 M €	+5.5%	22,1 M €	+15.3%	19,1 M €	+2.9%	18,6 M €	+2.3%	18,2 M €	+4.3%	17,4 M €	+6.0%	16,5 M €	+111635%	14,7 k €
Total assets	26,9 M €	-4.4%	28,2 M €	+1.2%	27,8 M €	+0.5%	27,7 M €	-0.2%	27,7 M €	+0.2%	27,7 M €	+1.0%	27,4 M €	+2.4%	26,8 M €	+0.4%	26,7 M €	+2.6%	26 M €	+2.0%	25,5 M €	-2.1%	26,1 M €	+9.4%	23,8 M €	+8.8%	21,9 M €	+1.8%	21,5 M €	+2.0%	21,1 M €	+2.7%	20,5 M €	+4.5%	19,6 M €	+106885%	18,4 k €
Cash	1,9 M €	+102%	947,1 k €	+29.9%	729,2 k €	-68.5%	2,3 M €	-15.3%	2,7 M €	-34.1%	4,1 M €	-33.6%	6,2 M €	+33.2%	4,7 M €	-12.0%	5,3 M €	-27.1%	7,3 M €	+32.8%	5,5 M €	-39.0%	9 M €	-6.8%	9,7 M €	+29.8%	7,5 M €	+51.9%	4,9 M €	+43.4%	3,4 M €	+39.1%	2,5 M €	+46.4%	1,7 M €	+34000%	4,9 k €
Debts	2,2 M €	-30.2%	3,2 M €	+9.4%	2,9 M €	+6.8%	2,8 M €	+5.5%	2,6 M €	+2.1%	2,6 M €	+10.8%	2,3 M €	+11.9%	2,1 M €	+0.8%	2 M €	-5.5%	2,2 M €	+2.5%	2,1 M €	-22.2%	2,7 M €	+63.2%	1,7 M €	-37.4%	2,7 M €	-3.8%	2,8 M €	-2.5%	2,8 M €	-6.7%	3 M €	-2.5%	3,1 M €	+86675%	3,6 k €
Other
Workforce	341,3 ETP	+2.5%	333,0 ETP	+3.2%	322,7 ETP	-4.0%	336,3 ETP	+0.2%	335,7 ETP	+2.9%	326,3 ETP	+0.7%	324,1 ETP	+2.6%	315,8 ETP	+0.2%	315,2 ETP	+2.2%	308,3 ETP	+0.9%	305,5 ETP	+2.6%	297,9 ETP	+2.0%	292,0 ETP	-1.7%	296,9 ETP	-0.5%	298,5 ETP	+0.1%	298,3 ETP	+0.9%	295,5 ETP	-1.4%	299,7 ETP	-0.4%	301,0 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 31/12/2025 · 12 active · 31 ended

Active mandates

Livia Moreau

Director · since 28 mars 2025

Active

Bart Goossens

Director

Active

Bieke Claesen

Director

Active

Els Vanheusden

Director

Active

Jean Jacques Leclef

Chairman of the board of directors

Active

Jeroen Hendrickx

Director

Active

Johan Deforche

Director

Active

Julien Van Den Bergh

Director · until 28 mars 2025

Active

Luk Cools

Managing director

Active

Marc De Preter

Managing director

Active

Marc Van Treeck

Director

Active

Peter Damen

Director

Active

Ended mandates

Albert De Weweire

Mandate

Ended

Bart Goossens

Mandate

Ended

Els Claes

Director

Ended

Eric Mertens

Mandate

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	03/04/2026	03/04/2025	02/04/2024	03/04/2023	31/03/2022	19/04/2021
General meeting	27/03/2026	28/03/2025	29/03/2024	31/03/2023	25/03/2022	26/03/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	27/03/2026	03/04/2026	Dutch	PDF
Full model	31/12/2024	28/03/2025	03/04/2025	Dutch	PDF
Full model	31/12/2023	29/03/2024	02/04/2024	Dutch	PDF
Full model	31/12/2022	31/03/2023	03/04/2023	Dutch	PDF
Full model	31/12/2021	25/03/2022	31/03/2022	Dutch	PDF
Full model	31/12/2020	26/03/2021	19/04/2021	Dutch	PDF
Full model	31/12/2019	05/06/2020	08/06/2020	Dutch	PDF
Full model	31/12/2018	29/03/2019	02/04/2019	Dutch	PDF
Full model	31/12/2017	30/03/2018	04/04/2018	Dutch	PDF
Full model	31/12/2016	31/03/2017	04/04/2017	Dutch	PDF
Full model	31/12/2015	25/03/2016	08/04/2016	Dutch	PDF
Full model	31/12/2014	27/03/2015	30/03/2015	Dutch	PDF
Full model	31/12/2013	28/03/2014	31/03/2014	Dutch	PDF
Full model	31/12/2012	29/03/2013	22/04/2013	Dutch	PDF
Full model	31/12/2011	30/03/2012	06/04/2012	Dutch	PDF
Full model	31/12/2010	25/03/2011	28/03/2011	Dutch	PDF
Full model	31/12/2009	26/03/2010	29/03/2010	Dutch	PDF
Full model	31/12/2008	27/03/2009	17/04/2009	Dutch	PDF
Full model	31/12/2007	28/03/2008	04/04/2008	Dutch	PDF
Full model	31/12/2006	30/03/2007	11/04/2007	Dutch	PDF

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 31/12/2025 · 12 active · 31 ended

Active mandates

Livia Moreau

Director · since 28 mars 2025

Active

Bart Goossens

Director

Active

Bieke Claesen

Director

Active

Els Vanheusden

Director

Active

Jean Jacques Leclef

Chairman of the board of directors

Active

Jeroen Hendrickx

Director

Active

Johan Deforche

Director

Active

Julien Van Den Bergh

Director · until 28 mars 2025

Active

Luk Cools

Managing director

Active

Marc De Preter

Managing director

Active

Marc Van Treeck

Director

Active

Peter Damen

Director

Active

Ended mandates

Albert De Weweire

Mandate

Ended

Bart Goossens

Mandate

Ended

Els Claes

Director

Ended

Eric Mertens

Mandate

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates01/06/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/06/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/07/2024
ONTSLAGEN - BENOEMINGEN
PDF
Other13/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates16/05/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/05/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/07/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/10/2020
ONTSLAGEN - BENOEMINGEN
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 2025-253,5 k €↓
2024
Annual accounts 202498,7 k €↑
2023
Annual accounts 2023-56,9 k €↑
2022
Annual accounts 2022-164,7 k €↓
2021
Annual accounts 202122,3 k €↓
2020
Annual accounts 202072,1 k €↓
2019
Annual accounts 2019372,2 k €↑
2018
Annual accounts 201882,1 k €↓
2017
Annual accounts 2017769,4 k €↑
2016
Annual accounts 2016489,9 k €↑
2015
Annual accounts 2015116,2 k €↓
2014
Annual accounts 2014782,5 k €↓
2013
Annual accounts 20132,6 M €↑
2012
Annual accounts 2012578,4 k €↑
2011
Annual accounts 2011452,6 k €↓
2010
Annual accounts 2010763,2 k €↓
2009
Annual accounts 2009966 k €↓
2008
Annual accounts 20081,8 M €↑
2007
Annual accounts 20071,5 k €
08/06/1971
IncorporationNon-profit organization

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

De Brug

Overview

What does De Brug do?

Trend over 19 financial years

Indicative valuation

Board of directors

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