ACTIVE

Belgian Feed Association

Financial year 2025 · closed on 31/12/2025
Net result
16,7 k €
-67.7% YoY
Gross margin
1,1 M €
-15.7% YoY
Equity
2,1 M €
+0.8% YoY
Workforce
9,4 ETP
-3.1% YoY

What does Belgian Feed Association do?

Belgian Feed Association is a Non-profit organization incorporated in 1944. Its main activity is: Libraries, archives, museums and other cultural activities. Its registered office is in Bruxelles. It employs on average 9,4 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0409.022.967
Incorporation
07/10/1944
Legal form
Non-profit organization
Registered office
Rue de l'Hôpital 29
1000 Bruxelles · BruxellesSee on map
Latest accounts
31/12/2025
Average workforce
9,4 ETP
Joint committees (1)
  • 220
Contacts
3 public details availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Gross margin1,1 M €1,3 M €1,2 M €1,3 M €1,1 M €1,1 M €917,5 k €2 M €804,3 k €1,1 M €980,6 k €833,8 k €914,8 k €761 k €702,5 k €613,9 k €601,4 k €532,5 k €521,2 k €
EBITDA90,1 k €144,7 k €119 k €190,2 k €136,7 k €119,3 k €115,4 k €1,1 M €80,4 k €107,4 k €66,1 k €32,8 k €67,8 k €70,1 k €81,5 k €16,1 k €39,6 k €-84,9 k €78,3 k €
Operating result-1,4 k €41,6 k €10,2 k €77,6 k €23,2 k €21,9 k €11,6 k €1,1 M €33,6 k €63,9 k €15,9 k €-17,5 k €2,6 k €6,3 k €20,2 k €-27,7 k €-12,3 k €-145,2 k €-263,6 €
Net result16,7 k €51,8 k €5,9 k €71,1 k €16,6 k €15,3 k €1,6 k €1,1 M €34 k €66,1 k €19,7 k €-3,4 k €12,8 k €14,6 k €29,3 k €-23,5 k €-7,3 k €191,4 k €4 k €
Balance sheet
Equity2,1 M €2 M €2 M €2 M €1,9 M €1,9 M €1,9 M €1,9 M €790,6 k €756,6 k €690,5 k €670,8 k €674,2 k €661,4 k €646,8 k €617,6 k €641,1 k €648,4 k €457 k €
Total assets5 M €4,9 M €4,9 M €4,4 M €4,5 M €4,9 M €6,4 M €6,2 M €4,4 M €3,6 M €3,1 M €2,8 M €2,5 M €2,1 M €1,2 M €1,1 M €1,1 M €1,2 M €896,9 k €
Cash998 k €437,8 k €719,3 k €994,2 k €935,7 k €2 M €1,2 M €1,2 M €642 k €435,6 k €534,1 k €111,1 k €207,5 k €272,2 k €161,4 k €91,3 k €64,6 k €60,7 k €20,2 k €
Debts2,2 M €1,8 M €2 M €1,5 M €1,9 M €2,4 M €888 k €1,2 M €941,1 k €829,2 k €654,7 k €591,6 k €381,2 k €343,5 k €206,7 k €153,1 k €160,1 k €155,4 k €96,7 k €
Other
Workforce9,4 ETP9,7 ETP10,0 ETP10,3 ETP10,5 ETP10,0 ETP9,2 ETP9,6 ETP6,4 ETP9,1 ETP8,9 ETP8,3 ETP8,6 ETP8,7 ETP7,8 ETP7,5 ETP7,6 ETP7,3 ETP5,8 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 21 active · 119 ended

Active mandates

Alex Van Malleghem

Director

Active
Alexander Naessens

Director

Active
Bruno Jacobs

Director

Active
Dirk De Baets

Director

Active
Dirk Desmet

Director

Active
Dirk Van Thielen

Director

Active
Francis D'Hoore

Director

Active
Guy Seurynck

Director

Active
Jan Druyts

Director

Active
Jan Paul Degrave

Director

Active
Jan Van Aelten

Director

Active
Jean-Marc Bourguignon

Director

Active
Philippe Debaillie

Director

Active
Pierre-Yves Piret

Director

Active
Rik Vandeputte

Director

Active
Stefaan Lambrecht

Director

Active
Stephan d'Aussy

Director

Active
Stephanie HUYS

Director

Active
Thomas Vanden Avenne

Director

Active
Tiny Stoop

Director

Active
Wouter Grymonprez

Director

Active

Ended mandates

Alex Van Malleghem

Director · since 24 juin 2021

Ended
Wilhelmus Van Den Heuvel

Director · since 24 juin 2021

Ended
T. Timmerman

Director · since 03 juin 2020

Ended
Dirk De Baets

Director · since 25 avril 2019

Ended
At this address

Other companies at this address

Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date12/05/202621/05/202514/05/202423/05/202323/05/202206/07/2021
General meeting21/04/202624/04/202525/04/202426/04/202328/04/202224/06/2021
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

40 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202521/04/202612/05/2026DutchPDF
Abridged model31/12/202521/04/202612/05/2026FrenchPDF
Abridged model31/12/202424/04/202521/05/2025FrenchPDF
Abridged model31/12/202424/04/202521/05/2025DutchPDF
Abridged model31/12/202325/04/202414/05/2024FrenchPDF
Abridged model31/12/202325/04/202414/05/2024DutchPDF
Abridged model31/12/202226/04/202323/05/2023DutchPDF
Abridged model31/12/202226/04/202323/05/2023FrenchPDF
Abridged model31/12/202128/04/202223/05/2022FrenchPDF
Abridged model31/12/202128/04/202223/05/2022DutchPDF
Abridged model31/12/202024/06/202106/07/2021FrenchPDF
Abridged model31/12/202024/06/202106/07/2021DutchPDF
Abridged model31/12/201903/06/202016/07/2020DutchPDF
Abridged model31/12/201903/06/202016/07/2020FrenchPDF
Abridged model31/12/201825/04/201917/06/2019FrenchPDF
Abridged model31/12/201825/04/201917/06/2019DutchPDF
Abridged model31/12/201726/04/201824/05/2018FrenchPDF
Abridged model31/12/201726/04/201824/05/2018DutchPDF
Abridged model31/12/201627/04/201722/05/2017FrenchPDF
Abridged model31/12/201627/04/201722/05/2017DutchPDF
Abridged model31/12/201528/04/201629/06/2016FrenchPDF
Abridged model31/12/201528/04/201629/06/2016DutchPDF
Abridged model31/12/201430/04/201508/05/2015FrenchPDF
Abridged model31/12/201430/04/201508/05/2015DutchPDF

View all 40 filings

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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 · 21 active · 119 ended

Active mandates

Alex Van Malleghem

Director

Active
Alexander Naessens

Director

Active
Bruno Jacobs

Director

Active
Dirk De Baets

Director

Active
Dirk Desmet

Director

Active
Dirk Van Thielen

Director

Active
Francis D'Hoore

Director

Active
Guy Seurynck

Director

Active
Jan Druyts

Director

Active
Jan Paul Degrave

Director

Active
Jan Van Aelten

Director

Active
Jean-Marc Bourguignon

Director

Active
Philippe Debaillie

Director

Active
Pierre-Yves Piret

Director

Active
Rik Vandeputte

Director

Active
Stefaan Lambrecht

Director

Active
Stephan d'Aussy

Director

Active
Stephanie HUYS

Director

Active
Thomas Vanden Avenne

Director

Active
Tiny Stoop

Director

Active
Wouter Grymonprez

Director

Active

Ended mandates

Alex Van Malleghem

Director · since 24 juin 2021

Ended
Wilhelmus Van Den Heuvel

Director · since 24 juin 2021

Ended
T. Timmerman

Director · since 03 juin 2020

Ended
Dirk De Baets

Director · since 25 avril 2019

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates17/06/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/06/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates07/07/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other07/07/2025
    DIVERS
    PDF
  • Mandates06/02/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/02/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates04/09/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/09/2024
    DEMISSIONS, NOMINATIONS
    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. 2025
    Annual accounts 202516,7 k €
  2. 2024
    Annual accounts 202451,8 k €
  3. 2023
    Annual accounts 20235,9 k €
  4. 2022
    Annual accounts 202271,1 k €
  5. 2022
    Name changeBelgian Feed Association, verkort BFA
  6. 2021
    Annual accounts 202116,6 k €
  7. 2021
    Name changeBelgian Feed Association
  8. 2020
    Annual accounts 202015,3 k €
  9. 2019
    Annual accounts 20191,6 k €
  10. 2018
    Annual accounts 20181,1 M €
  11. 2017
    Annual accounts 201734 k €
  12. 2016
    Annual accounts 201666,1 k €
  13. 2015
    Annual accounts 201519,7 k €
  14. 2014
    Annual accounts 2014-3,4 k €
  15. 2013
    Annual accounts 201312,8 k €
  16. 2012
    Annual accounts 201214,6 k €
  17. 2011
    Annual accounts 201129,3 k €
  18. 2010
    Annual accounts 2010-23,5 k €
  19. 2009
    Annual accounts 2009-7,3 k €
  20. 2008
    Annual accounts 2008191,4 k €
  21. 2007
    Annual accounts 20074 k €
  22. 07/10/1944
    IncorporationNon-profit organization