ACTIVE

FIRES

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Financial year 2025 · closed on 31/12/2025

Net result

-9,2 k €

-14.8% YoY

Gross margin

-3,1 k €

-20.7% YoY

Equity

-56,6 k €

-19.3% YoY

What does FIRES do?

FIRES is a Private limited company incorporated in 1986. Its main activity is: Retail sale of newspapers and stationery in specialised stores. Its registered office is in Watermael-Boitsfort.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0429.920.529

Incorporation

01/11/1986

Legal form

Private limited company

Registered office

Avenue Emile Van Becelaere 15 box 6
1170 Watermael-Boitsfort · BruxellesSee on map

Contributed capital

2 173,70 €

Latest accounts

31/12/2025

Activities (NACE)

47620Retail sale of newspapers and stationery in specialised stores· main 47621Retail sale of newspapers and stationery in specialised stores 52470Warehousing and support activities for transportation

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	-3,1 k €	-20.7%	-2,6 k €	-158%	4,5 k €	+133%	-13,6 k €	-48.9%	-9,1 k €	-127%	33,7 k €	+1574%	2 k €	-95.7%	47,3 k €	+283%	-25,9 k €	-202%	25,2 k €	+131%	10,9 k €	-63.1%	29,6 k €	+476%	-7,9 k €	-143%	18,5 k €	-40.7%	31,2 k €	+484%	-8,1 k €	-134%	24,1 k €	+506%	-5,9 k €	-280%	3,3 k €	-63.2%	9 k €
EBITDA	-6,1 k €	-29.1%	-4,7 k €	-474%	-819,2 €	+95.8%	-19,3 k €	-83.2%	-10,5 k €	-132%	32,9 k €	+7325%	443,7 €	-99.0%	45,6 k €	+264%	-27,7 k €	-221%	22,9 k €	+127%	10,1 k €	-64.2%	28,3 k €	+421%	-8,8 k €	-151%	17,3 k €	-43.3%	30,5 k €	+434%	-9,1 k €	+90.7%	-98,4 k €	-1181%	-7,7 k €	-505%	1,9 k €	-74.0%	7,3 k €
Operating result	-7,9 k €	-24.4%	-6,4 k €	-117%	-2,9 k €	+85.7%	-20,6 k €	-73.7%	-11,9 k €	-139%	30,1 k €	+1851%	-1,7 k €	-104%	42,9 k €	+237%	-31,3 k €	-268%	18,6 k €	+393%	3,8 k €	-82.9%	22 k €	+257%	-14 k €	-188%	15,9 k €	-47.1%	30,1 k €	+325%	-13,4 k €	+87.0%	-103,4 k €	-566%	-15,5 k €	-102%	-7,7 k €	-441%	-1,4 k €
Net result	-9,2 k €	-14.8%	-8 k €	-66.1%	-4,8 k €	+85.3%	-32,8 k €	-116%	-15,2 k €	-182%	18,6 k €	+771%	-2,8 k €	-109%	31,2 k €	+200%	-31,3 k €	-338%	13,2 k €	+356%	-5,1 k €	-131%	16,4 k €	+172%	-22,7 k €	-253%	14,8 k €	-28.1%	20,6 k €	+269%	-12,2 k €	-169%	17,8 k €	+213%	-15,7 k €	-96.4%	-8 k €	-335%	-1,8 k €
Balance sheet
Equity	-56,6 k €	-19.3%	-47,4 k €	-20.3%	-39,4 k €	-13.9%	-34,6 k €	-1851%	-1,8 k €	-105%	35,1 k €	-15.5%	41,6 k €	-6.2%	44,3 k €	+237%	13,1 k €	-70.4%	44,5 k €	+16.1%	38,3 k €	-11.8%	43,5 k €	+28.7%	33,8 k €	-40.3%	56,5 k €	-8.4%	61,7 k €	+1.0%	61,1 k €	-16.7%	73,3 k €	+32.0%	55,5 k €	-22.1%	71,2 k €	-10.1%	79,2 k €
Total assets	27,6 k €	+8.2%	25,5 k €	-24.8%	33,9 k €	+15.4%	29,4 k €	+9.8%	26,8 k €	-70.3%	90,1 k €	+22.9%	73,3 k €	+13.7%	64,5 k €	+137%	27,2 k €	-54.2%	59,4 k €	+12.9%	52,6 k €	-6.0%	56 k €	+7.2%	52,2 k €	-59.4%	128,7 k €	+4.4%	123,3 k €	-9.8%	136,7 k €	-19.4%	169,5 k €	+157%	66 k €	-18.0%	80,5 k €	-31.1%	116,9 k €
Cash	9,5 k €	+79.5%	5,3 k €	+125%	2,3 k €	-66.9%	7,1 k €	+118%	3,2 k €	-93.8%	52,4 k €	+54.2%	34 k €	+121%	15,3 k €	+59.0%	9,7 k €	+82.5%	5,3 k €	-50.7%	10,7 k €	+44.6%	7,4 k €	+653%	986 €	-97.6%	40,6 k €	-14.2%	47,2 k €	+721%	5,8 k €	-23.3%	7,5 k €	+837%	800,5 €	-73.3%	3 k €	-27.4%	4,1 k €
Debts	84,2 k €	+15.5%	72,9 k €	+0.5%	72,6 k €	+16.4%	62,3 k €	+118%	28,5 k €	-47.5%	54,4 k €	+71.2%	31,7 k €	+65.6%	19,2 k €	+36.5%	14 k €	+1.0%	13,9 k €	+4.2%	13,3 k €	+10.8%	12,1 k €	-34.7%	18,5 k €	+13.1%	16,3 k €	+32.8%	12,3 k €	+375%	2,6 k €	+994%	236,5 €	-97.5%	9,3 k €	+25.3%	7,4 k €	-51.2%	15,2 k €

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

Jean-Antoine DE MUYLDER

Director

Active

Ended mandates

JEAN-ANTOINE DE MUYLDER

Manager · since 16 décembre 2004

Ended

Jean-Antoine DEMUYLDER

Manager · since 16 décembre 2004

Ended

Jean-Antoine DE MUYLDER

Mandate

Ended

At this address

Other companies at this address

Company	CBE no.
APOLLO● Active	0723.426.691
Deedy● Active	0746.987.201
Sixtine Borres Avocat● Active	1010.262.027

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro 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	23/07/2026	05/08/2025	27/08/2024	01/08/2023	26/08/2022	25/06/2021
General meeting	26/06/2026	27/06/2025	28/06/2024	30/06/2023	24/06/2022	25/06/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	26/06/2026	23/07/2026	French	PDF
Micro model	31/12/2024	27/06/2025	05/08/2025	French	PDF
Micro model	31/12/2023	28/06/2024	27/08/2024	French	PDF
Micro model	31/12/2022	30/06/2023	01/08/2023	French	PDF
Micro model	31/12/2021	24/06/2022	26/08/2022	French	PDF
Micro model	31/12/2020	25/06/2021	25/06/2021	French	PDF
Micro model	31/12/2019	26/06/2020	10/08/2020	French	PDF
Micro model	31/12/2018	28/06/2019	24/07/2019	French	PDF
Micro model	31/12/2017	29/06/2018	02/07/2018	French	PDF
Micro model	31/12/2016	30/06/2017	03/07/2017	French	PDF
Abridged model	31/12/2015	24/06/2016	04/07/2016	French	PDF
Abridged model	31/12/2014	26/06/2015	28/08/2015	French	PDF
Abridged model	31/12/2013	27/06/2014	27/06/2014	French	PDF
Abridged model	31/12/2012	28/06/2013	02/08/2013	French	PDF
Abridged model	31/12/2011	29/06/2012	20/08/2012	French	PDF
Abridged model	31/12/2010	24/06/2011	08/07/2011	French	PDF
Abridged model	31/12/2009	25/06/2010	25/08/2010	French	PDF
Abridged model	31/12/2008	26/06/2009	02/07/2009	French	PDF
Abridged model	31/12/2007	27/06/2008	30/06/2008	French	PDF
Abridged modelCorrection	31/12/2006	29/06/2007	23/07/2007	French	PDF
Abridged model	31/12/2006	29/06/2007	09/07/2007	French	PDF

Estimate

Indicative valuation

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 · 1 active · 3 ended

Active mandates

Jean-Antoine DE MUYLDER

Director

Active

Ended mandates

JEAN-ANTOINE DE MUYLDER

Manager · since 16 décembre 2004

Ended

Jean-Antoine DEMUYLDER

Manager · since 16 décembre 2004

Ended

Jean-Antoine DE MUYLDER

Mandate

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates26/03/2021
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - OBJET - DEMISSIONS, NOMINATIONS
PDF
Mandates15/10/2020
DEMISSIONS, NOMINATIONS
PDF
Registered office02/01/2013
SIEGE SOCIAL
PDF
Registered office22/06/2011
SIEGE SOCIAL
PDF
Other14/02/2005
DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Restructuring18/01/2005
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring16/11/2004
DIVERSEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Other22/10/2004
WIJZIGING RECHTSVORM - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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 2025-9,2 k €↓
2024
Annual accounts 2024-8 k €↓
2023
Annual accounts 2023-4,8 k €↑
2022
Annual accounts 2022-32,8 k €↓
2021
Annual accounts 2021-15,2 k €↓
2020
Annual accounts 202018,6 k €↑
2019
Annual accounts 2019-2,8 k €↓
2018
Annual accounts 201831,2 k €↑
2017
Annual accounts 2017-31,3 k €↓
2016
Annual accounts 201613,2 k €↑
2015
Annual accounts 2015-5,1 k €↓
2014
Annual accounts 201416,4 k €↑
2013
Annual accounts 2013-22,7 k €↓
2012
Annual accounts 201214,8 k €↓
2011
Annual accounts 201120,6 k €↑
2010
Annual accounts 2010-12,2 k €↓
2009
Annual accounts 200917,8 k €↑
2008
Annual accounts 2008-15,7 k €↓
2007
Annual accounts 2007-8 k €↓
2006
Annual accounts 2006-1,8 k €
01/11/1986
IncorporationPrivate 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

FIRES

Overview

What does FIRES do?

Trend over 20 financial years

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