ACTIVE

Belgica

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Financial year 2025 · Closed on 31/12/2025

Net result903,3 k €-21,0 %over 1 year

Gross margin1,9 M €-3,3 %over 1 year

Equity4,7 M €-0,4 %over 1 year

Workforce0,0 ETP

Identity

Source · BCE/KBO

Belgica is a Public limited company incorporated in 1972. Its main activity is: Management consultancy activities. Its registered office is in Uccle.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0412.768.751
Incorporation: 02/11/1972
Legal form: Public limited company
Registered office: Avenue du Fort-Jaco 76
1180 Uccle · BruxellesSee on map
Contributed capital: 1 303 600,00 €
Latest accounts: 31/12/2025
Average workforce: 0,0 ETP

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities

Joint committees (3)

Signals

ProfitablePositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 14 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	1,9 M €	-3.3%	2 M €	+16.4%	1,7 M €	+28.8%	1,3 M €	+32.1%	1 M €
EBITDA	1,8 M €	-6.6%	1,9 M €	+19.1%	1,6 M €	+31.7%	1,2 M €	+31.0%	920,8 k €
Operating result	1,2 M €	-10.1%	1,3 M €	+25.4%	1 M €	+38.5%	754,9 k €	+48.6%	508,1 k €
Net result	903,3 k €	-21.0%	1,1 M €	+31.1%	872,5 k €	+225%	268,2 k €	+34.3%	199,7 k €
Balance sheet
Equity	4,7 M €	-0.4%	4,7 M €	-3.1%	4,9 M €	-3.1%	5 M €	-3.0%	5,2 M €
Total assets	22,2 M €	-7.4%	24 M €	-3.6%	24,9 M €	+2.0%	24,4 M €	+15.0%	21,2 M €
Cash	324,7 k €	+259%	90,5 k €	+63.1%	55,5 k €	-80.0%	277,9 k €	-5.1%	292,9 k €
Debts	16,3 M €	-9.8%	18 M €	-3.7%	18,7 M €	+4.0%	18 M €	+23.1%	14,6 M €
Other
Workforce	0,0 ETP		0,0 ETP		0,0 ETP		0,0 ETP		–

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 6 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
BEOPAR0789.351.455Represented by François DE BORCHGRAVE D’ ALTENA	Director24/10/2022 → 24/10/2028

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
FRAMACA0878.270.563Represented by François de BORCHGRAVE d'ALTENA	Director31/08/2021 → 2021 accountsManaging director02/01/2020 → 2020 accounts
ERIK ENGSTRÖM	Director02/01/2020 → 2020 accounts
Eric O'Brien	Director12/06/2015 → 2018 accounts

Other companies at this address

Avenue du Fort-Jaco 76 1180 Uccle

Company	CBE no.
BEOPAR● Active	0789.351.455
CLEGOR● Active	0725.994.520
FRAMACA● Active	0878.270.563
FRANCOIS● Active	0697.991.115
FRANCOLIMMO● Active	0876.075.096
HARMATTAN● Active	0432.688.294
Immobilière du Parc Léopold● Active	0417.229.860
QUALITY BUILDING MANAGEMENT● Active	0444.744.505
SMV CONSULTING● Active	0776.377.013
WAVE IMMO 1● Active	0899.382.416

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	30/07/2026	28/08/2025	30/07/2024	31/07/2023	30/09/2022	30/08/2021
General meeting	12/06/2026	13/06/2025	14/06/2024	09/06/2023	10/06/2022	11/06/2021
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	12/06/2026	30/07/2026	French	PDF
Abridged model	31/12/2024	13/06/2025	28/08/2025	French	PDF
Abridged model	31/12/2023	14/06/2024	30/07/2024	French	PDF
Abridged model	31/12/2022	09/06/2023	31/07/2023	French	PDF
Abridged model	31/12/2021	10/06/2022	30/09/2022	French	PDF
Abridged model	31/12/2020	11/06/2021	30/08/2021	French	PDF
Abridged model	31/12/2019	12/06/2020	07/10/2020	French	PDF
Abridged model	31/12/2018	25/06/2019	27/06/2019	French	PDF
Abridged model	31/12/2017	08/06/2018	10/07/2018	French	PDF
Abridged model	31/12/2016	16/06/2017	17/08/2017	French	PDF
Abridged model	31/12/2015	10/06/2016	14/07/2016	French	PDF
Abridged model	31/12/2014	12/06/2015	25/08/2015	French	PDF
Abridged model	31/12/2013	17/06/2014	02/07/2014	French	PDF
Abridged model	31/12/2012	14/06/2013	07/08/2013	French	PDF
Abridged model	31/12/2011	27/06/2012	27/07/2012	French	PDF
Abridged model	31/12/2010	20/06/2011	08/08/2011	French	PDF
Abridged model	31/12/2009	11/06/2010	11/08/2010	French	PDF
Abridged model	31/12/2008	12/06/2009	09/07/2009	French	PDF
Abridged model	31/12/2007	13/06/2008	01/07/2008	French	PDF
Abridged model	31/12/2006	08/06/2007	29/06/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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

1 active · 6 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
BEOPAR0789.351.455Represented by François DE BORCHGRAVE D’ ALTENA	Director24/10/2022 → 24/10/2028

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
FRAMACA0878.270.563Represented by François de BORCHGRAVE d'ALTENA	Director31/08/2021 → 2021 accountsManaging director02/01/2020 → 2020 accounts
ERIK ENGSTRÖM	Director02/01/2020 → 2020 accounts
Eric O'Brien	Director12/06/2015 → 2018 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates17/03/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates14/09/2021
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Mandates22/04/2020
DEMISSIONS, NOMINATIONS
PDF
Mandates25/03/2020
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Restructuring23/01/2020
CAPITAL, ACTIONS - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring20/11/2019
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Mandates10/07/2019
DEMISSIONS, NOMINATIONS
PDF
Mandates30/08/2016
DEMISSIONS, NOMINATIONS
PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings14 filings

Mandates

BEOPAR

FRAMACA

ERIK ENGSTRÖM

Eric O'Brien

Marc Feron

Renée de Wilde

Olivier O'BRIEN

197219731974197519761977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028

Belgica

Avenue du Fort-Jaco 76, 1180 Uccle

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Avenue du Fort-Jaco 76, 1180 UccleCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00369919

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
BelgicaCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00369919

Events

2025
Annual accounts 2025903,3 k €↓
2024
Annual accounts 20241,1 M €↑
2023
Annual accounts 2023872,5 k €↑
2022
Annual accounts 2022268,2 k €↑
2021
Annual accounts 2021199,7 k €↑
2014
Annual accounts 201497,6 k €↑
2013
Annual accounts 201360,8 k €↓
2012
Annual accounts 2012105,4 k €↑
2011
Annual accounts 201186,5 k €↑
2010
Annual accounts 201043,7 k €↓
2009
Annual accounts 2009599,1 k €↑
2008
Annual accounts 2008-79,1 k €↓
2007
Annual accounts 2007177,7 k €↑
2006
Annual accounts 2006103,6 k €
02/11/1972
IncorporationPublic limited company

Belgica

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

Registered offices

Company names

Events