ACTIVE

LE BRUSSELS GROUP

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Financial year 2025 · closed on 31/12/2025

Net result

115,9 k €

-36.2% YoY

Gross margin

143,3 k €

-55.7% YoY

Equity

733,3 k €

+18.8% YoY

Workforce

0,0 ETP

-100.0% YoY

What does LE BRUSSELS GROUP do?

LE BRUSSELS GROUP is a Public limited company incorporated in 1986. Its registered office is in Auderghem.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0428.583.810

Incorporation

24/02/1986

Legal form

Public limited company

Registered office

Rue des Deux Chaussées 6
1160 Auderghem · BruxellesSee on map

Contributed capital

248 000,00 €

Latest accounts

31/12/2025

Average workforce

0,0 ETP

Joint committees (7)

100
100000
200
200000
218
323
323000

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	143,3 k €	-55.7%	323,8 k €	-44.2%	580,8 k €	+58.0%	367,7 k €	+23.0%	298,9 k €	+10.8%	269,8 k €	+1.2%	266,7 k €	+29.0%	206,7 k €	-20.5%	259,9 k €	+36.9%	189,9 k €	-6.6%	203,4 k €	-8.9%	223,3 k €	+18.7%	188,1 k €	+14.4%	164,4 k €	-43.1%	288,8 k €	-18.9%	356,3 k €	-31.9%	523,2 k €	+29.2%	404,8 k €
EBITDA	142 k €	-26.4%	192,9 k €	-50.0%	385,4 k €	+105%	188,4 k €	+49.7%	125,8 k €	+93.3%	65,1 k €	-12.6%	74,5 k €	+190%	25,7 k €	-69.7%	84,7 k €	+15.1%	73,6 k €	+931%	7,1 k €	-80.1%	35,8 k €	+167%	13,4 k €	-56.4%	30,8 k €	-16.5%	36,9 k €	-18.5%	45,3 k €	-70.4%	152,7 k €	+73.9%	87,8 k €
Operating result	138,6 k €	-27.0%	190 k €	-50.4%	383 k €	+93.6%	197,8 k €	+76.8%	111,9 k €	+6163%	1,8 k €	-97.2%	64 k €	+307%	15,7 k €	-80.2%	79,6 k €	+16.1%	68,6 k €	+1444%	4,4 k €	-86.4%	32,6 k €	-35.7%	50,7 k €	+521%	-12 k €	-141%	29,7 k €	-22.3%	38,2 k €	-72.3%	137,9 k €	+79.0%	77 k €
Net result	115,9 k €	-36.2%	181,6 k €	-47.8%	347,7 k €	+94.0%	179,3 k €	+110%	85,4 k €	+318%	-39,2 k €	-521%	9,3 k €	+144%	-21,3 k €	-143%	49,5 k €	-17.6%	60,1 k €	+247%	-40,8 k €	-106%	-19,8 k €	-451%	5,7 k €	+112%	-46,3 k €	+7.5%	-50 k €	+32.1%	-73,6 k €	-187%	84,5 k €	+114%	-595,9 k €
Balance sheet
Equity	733,3 k €	+18.8%	617,4 k €	+41.7%	435,8 k €	+395%	88,1 k €	+131%	38,1 k €	+233%	-28,7 k €	-374%	10,5 k €	+799%	1,2 k €	-94.8%	22,5 k €	+111%	-198,6 k €	+23.2%	-258,7 k €	-18.7%	-217,8 k €	-10.0%	-198 k €	+2.8%	-203,6 k €	-29.4%	-157,4 k €	-46.6%	-107,4 k €	-218%	-33,8 k €	+71.4%	-118,2 k €
Total assets	1,2 M €	-3.9%	1,3 M €	+0.0%	1,3 M €	-3.1%	1,3 M €	+190%	453,6 k €	-13.4%	523,8 k €	-15.9%	622,5 k €	+6.4%	584,8 k €	-12.7%	669,5 k €	+63.2%	410,2 k €	+12.8%	363,5 k €	+12.3%	323,6 k €	-11.3%	364,9 k €	-4.6%	382,4 k €	-20.6%	481,4 k €	-4.8%	505,7 k €	-17.5%	613,1 k €	+6.2%	577,4 k €
Cash	34,8 k €	-29.1%	49 k €	+4.8%	46,8 k €	-52.3%	98 k €	+74.9%	56 k €	-44.7%	101,2 k €	-29.7%	144 k €	+143%	59,4 k €	-41.0%	100,7 k €	-26.5%	137 k €	+1395%	9,2 k €	-79.2%	44,1 k €	-30.3%	63,3 k €	+195%	21,4 k €	-76.4%	90,9 k €	+46.0%	62,2 k €	-20.0%	77,8 k €	-50.1%	155,7 k €
Debts	492,7 k €	-25.2%	658,7 k €	-21.6%	840,1 k €	-30.9%	1,2 M €	+209%	393 k €	-23.2%	512 k €	-9.7%	567 k €	-2.3%	580,3 k €	-10.3%	647 k €	+16.6%	555 k €	-3.4%	574,6 k €	+6.1%	541,4 k €	-3.8%	562,9 k €	-3.8%	585,2 k €	-0.3%	587 k €	-3.7%	609,3 k €	-5.1%	642,3 k €	-5.1%	677,2 k €
Other
Workforce	0,0 ETP	-100%	2,1 ETP	-46.2%	3,9 ETP		–		–		–		–		–		5,1 ETP	+64.5%	3,1 ETP	-39.2%	5,1 ETP	+4.1%	4,9 ETP	+48.5%	3,3 ETP	0.0%	3,3 ETP	-45.0%	6,0 ETP	-31.0%	8,7 ETP	-12.1%	9,9 ETP	+12.5%	8,8 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 6 active · 34 ended

Active mandates

Christian MEINGUET

Managing director · since 16 mai 2023 · until 15 mai 2029

Active

Julien ROMME

Director · since 16 mai 2023 · until 15 mai 2029

Active

Laurent MEINGUET

Director · since 16 mai 2023 · until 15 mai 2029

Active

Michelle STACHOWSKI

Chairman of the board of directors · since 16 mai 2023 · until 15 mai 2029

Active

Nicolas MEINGUET

Director · since 16 mai 2023 · until 15 mai 2029

Active

REMOLUX SA

Director · since 16 mai 2023 · until 15 mai 2029

Represented by Gillet ETIENNE

Active

Ended mandates

Michelle STACHOWSKI

Director · since 01 septembre 2020 · until 21 mai 2025

Ended

Dino D'ALPAOS

Director · since 01 avril 2020 · until 21 mai 2025

Ended

Christian MEINGUET

Managing director · since 21 mai 2019 · until 21 mai 2025

Ended

Julien ROMME

Director · since 21 mai 2019 · until 21 mai 2025

Ended

At this address

Other companies at this address

Company	CBE no.
R.G. OFFICE● Active	0453.915.161

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Micro model	Micro model	Micro 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	02/06/2026	17/06/2025	24/05/2024	10/08/2023	24/06/2022	01/06/2021
General meeting	19/05/2026	20/05/2025	21/05/2024	16/05/2023	17/05/2022	18/05/2021
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
Abridged model	31/12/2025	19/05/2026	02/06/2026	French	PDF
Abridged model	31/12/2024	20/05/2025	17/06/2025	French	PDF
Abridged model	31/12/2023	21/05/2024	24/05/2024	French	PDF
Micro model	31/12/2022	16/05/2023	10/08/2023	French	PDF
Micro model	31/12/2021	17/05/2022	24/06/2022	French	PDF
Micro model	31/12/2020	18/05/2021	01/06/2021	French	PDF
Micro model	31/12/2019	19/05/2020	08/06/2020	French	PDF
Micro model	31/12/2018	29/06/2019	11/07/2019	French	PDF
Micro model	31/12/2017	29/06/2018	20/07/2018	French	PDF
Micro model	31/12/2016	30/06/2017	25/07/2017	French	PDF
Abridged model	31/12/2015	17/05/2016	29/08/2016	French	PDF
Abridged model	31/12/2014	19/05/2015	26/08/2015	French	PDF
Abridged model	31/12/2013	20/05/2014	25/08/2014	French	PDF
Abridged model	31/12/2012	21/05/2013	01/08/2013	French	PDF
Abridged model	31/12/2011	15/05/2012	23/08/2012	French	PDF
Abridged model	31/12/2010	17/05/2011	28/07/2011	French	PDF
Abridged model	31/12/2009	18/05/2010	31/08/2010	French	PDF
Abridged model	31/12/2008	19/05/2009	19/08/2009	French	PDF
Abridged model	31/12/2007	20/05/2008	21/08/2008	French	PDF
Abridged model	31/12/2006	15/05/2007	27/08/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 6 active · 34 ended

Active mandates

Christian MEINGUET

Managing director · since 16 mai 2023 · until 15 mai 2029

Active

Julien ROMME

Director · since 16 mai 2023 · until 15 mai 2029

Active

Laurent MEINGUET

Director · since 16 mai 2023 · until 15 mai 2029

Active

Michelle STACHOWSKI

Chairman of the board of directors · since 16 mai 2023 · until 15 mai 2029

Active

Nicolas MEINGUET

Director · since 16 mai 2023 · until 15 mai 2029

Active

REMOLUX SA

Director · since 16 mai 2023 · until 15 mai 2029

Represented by Gillet ETIENNE

Active

Ended mandates

Michelle STACHOWSKI

Director · since 01 septembre 2020 · until 21 mai 2025

Ended

Dino D'ALPAOS

Director · since 01 avril 2020 · until 21 mai 2025

Ended

Christian MEINGUET

Managing director · since 21 mai 2019 · until 21 mai 2025

Ended

Julien ROMME

Director · since 21 mai 2019 · until 21 mai 2025

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office09/09/2026
Transfert de siège social
PDF
Mandates09/02/2024
OBJET - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates16/02/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates12/11/2020
DEMISSIONS, NOMINATIONS
PDF
Mandates24/09/2020
DEMISSIONS, NOMINATIONS
PDF
Mandates17/06/2020
DEMISSIONS, NOMINATIONS
PDF
Mandates24/04/2019
DEMISSIONS, NOMINATIONS
PDF
Mandates30/03/2018
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

2025
Annual accounts 2025115,9 k €↓
2024
Annual accounts 2024181,6 k €↓
2023
Annual accounts 2023347,7 k €↑
2023
Name changeLE BRUSSELS GROUP
2022
Annual accounts 2022179,3 k €↑
2021
Annual accounts 202185,4 k €↑
2021
Name changeLBG
2018
Annual accounts 2018-39,2 k €↓
2017
Annual accounts 20179,3 k €↑
2016
Annual accounts 2016-21,3 k €↓
2015
Annual accounts 201549,5 k €↓
2014
Annual accounts 201460,1 k €↑
2013
Annual accounts 2013-40,8 k €↓
2012
Annual accounts 2012-19,8 k €↓
2011
Annual accounts 20115,7 k €↑
2010
Annual accounts 2010-46,3 k €↑
2009
Annual accounts 2009-50 k €↑
2008
Annual accounts 2008-73,6 k €↓
2007
Annual accounts 200784,5 k €↑
2006
Annual accounts 2006-595,9 k €
24/02/1986
IncorporationPublic limited company

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

LE BRUSSELS GROUP

Overview

What does LE BRUSSELS GROUP do?

Trend over 18 financial years

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