ACTIVE

BRUNET

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Financial year 2025 · closed on 31/12/2025

Net result

2,8 k €

-98.2% YoY

Gross margin

1,9 M €

-12.3% YoY

Equity

1,3 M €

-0.2% YoY

Workforce

25,2 ETP

What does BRUNET do?

BRUNET is a Public limited company incorporated in 1987. Its registered office is in Couvin. It employs on average 25,2 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0432.757.877

Incorporation

01/12/1987

Legal form

Public limited company

Registered office

Chaussée de Philippeville,Mar. 60
5660 Couvin · WallonieSee on map

Contributed capital

237 415,05 €

Latest accounts

31/12/2025

Average workforce

25,2 ETP

Joint committees (5)

Contacts

2 public details availableLog in to view

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 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	1,9 M €	-12.3%	2,2 M €	-2.5%	2,2 M €	+25.0%	1,8 M €	+20.4%	1,5 M €	+13.7%	1,3 M €	-9.7%	1,4 M €	+18.0%	1,2 M €	+4.2%	1,2 M €	+27.5%	911,3 k €	+5.3%	865,4 k €	-34.7%	1,3 M €	+17.1%	1,1 M €	-24.9%	1,5 M €	-21.9%	1,9 M €	+35.9%	1,4 M €	-16.5%	1,7 M €	-1.3%	1,7 M €	+14.6%	1,5 M €	+38.3%	1,1 M €
EBITDA	273,1 k €	-55.6%	615,4 k €	-12.2%	700,7 k €	+163%	266,8 k €	-5.2%	281,5 k €	+13.8%	247,3 k €	-11.9%	280,8 k €	-20.3%	352,2 k €	-10.4%	393 k €	+1590%	23,3 k €	+114%	-169,7 k €	-160%	284,6 k €	+444%	52,3 k €	-88.3%	446,6 k €	-36.9%	707,7 k €	+83.6%	385,4 k €	+25.1%	308 k €	-22.8%	399,2 k €	-2.6%	410 k €	+46.8%	279,2 k €
Operating result	15,2 k €	-94.8%	295,3 k €	-35.5%	458,1 k €	+716%	56,1 k €	-50.1%	112,5 k €	+2.8%	109,4 k €	-1.2%	110,7 k €	-59.1%	270,7 k €	+21.0%	223,7 k €	+412%	-71,8 k €	+75.9%	-298,3 k €	-4336%	-6,7 k €	+97.7%	-295,3 k €	-901%	36,9 k €	-89.2%	340,1 k €	+1598%	-22,7 k €	+77.7%	-101,9 k €	-236%	75,2 k €	-37.4%	120 k €	+1755%	6,5 k €
Net result	2,8 k €	-98.2%	152,2 k €	-54.2%	332,5 k €	+755%	38,9 k €	-59.7%	96,6 k €	+7.8%	89,6 k €	+2.0%	87,9 k €	-64.4%	246,6 k €	+34.8%	182,9 k €	+248%	-123,4 k €	-130%	411,3 k €	+329%	-179,3 k €	+66.5%	-535,5 k €	-426%	-101,8 k €	-175%	135,8 k €	+167%	-203,7 k €	+12.9%	-233,8 k €	-31444%	745,9 €	-97.9%	35,8 k €	+344%	8,1 k €
Balance sheet
Equity	1,3 M €	-0.2%	1,3 M €	+1.9%	1,3 M €	+34.8%	939,9 k €	+3.7%	906,3 k €	-6.6%	969,9 k €	+9.5%	885,5 k €	-20.3%	1,1 M €	+27.7%	870 k €	+25.7%	692,3 k €	-15.8%	822 k €	+14.0%	721,4 k €	-22.2%	927 k €	-37.8%	1,5 M €	-10.5%	1,7 M €	+6.6%	1,6 M €	+186%	546,6 k €	-38.1%	883 k €	+259%	245,7 k €	+14.3%	215 k €
Total assets	3,1 M €	+2.6%	3 M €	+10.7%	2,7 M €	-1.0%	2,8 M €	-0.9%	2,8 M €	+33.9%	2,1 M €	+4.2%	2 M €	-20.9%	2,5 M €	+8.2%	2,3 M €	-3.6%	2,4 M €	-4.2%	2,5 M €	-49.5%	5 M €	-8.6%	5,5 M €	-9.8%	6,1 M €	-7.0%	6,5 M €	-1.9%	6,7 M €	+16.2%	5,7 M €	-7.0%	6,2 M €	+183%	2,2 M €	+12.9%	1,9 M €
Cash	827,1 k €	+5.0%	788 k €	+14.7%	686,7 k €	+9.3%	628,4 k €	-3.6%	651,8 k €	+35.0%	482,8 k €	+9.3%	441,7 k €	+81.9%	242,8 k €	+51.7%	160 k €	+103%	78,9 k €	+43.3%	55,1 k €	-53.1%	117,3 k €	+29.4%	90,6 k €	-37.9%	146 k €	+114%	68,1 k €	-19.4%	84,5 k €	+78.2%	47,4 k €	-88.9%	425,7 k €	+132%	183,5 k €	+25.6%	146,1 k €
Debts	1,7 M €	+6.3%	1,6 M €	+12.4%	1,5 M €	-19.8%	1,8 M €	+5.4%	1,7 M €	+55.7%	1,1 M €	-0.4%	1,1 M €	-21.5%	1,4 M €	-2.1%	1,4 M €	-14.9%	1,7 M €	+2.0%	1,7 M €	-60.4%	4,2 M €	-6.4%	4,5 M €	-0.7%	4,5 M €	-6.2%	4,8 M €	-4.8%	5,1 M €	-1.7%	5,1 M €	-2.4%	5,3 M €	+174%	1,9 M €	+12.8%	1,7 M €
Other
Workforce	25,2 ETP		–		23,5 ETP	-7.5%	25,4 ETP	+2.0%	24,9 ETP	+9.7%	22,7 ETP	-4.2%	23,7 ETP		–		–		–		19,8 ETP	-23.0%	25,7 ETP	0.0%	25,7 ETP	-4.1%	26,8 ETP	-9.5%	29,6 ETP	+1.0%	29,3 ETP	-10.9%	32,9 ETP	+6.1%	31,0 ETP	+13.6%	27,3 ETP	+32.5%	20,6 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 21 ended

Active mandates

BOSCO

Director · since 04 août 2022 · 0732.709.294

Represented by Brunet Julien

Active

Ended mandates

BOSCO

Director · since 04 août 2022 · until 04 août 2028 · 0732.709.294

Represented by Brunet Julien

Ended

BOSCO

Managing director · since 04 août 2022 · until 30 juin 2028 · 0732.709.294

Represented by Julien Brunet

Ended

BOSCO

Managing director · since 04 août 2022 · until 30 juin 2028 · 0732.709.294

Represented by Julien Brunet

Ended

Eddy Lenoir

Director · since 04 août 2022 · until 30 juin 2028

Ended

Annual accounts

Full financial information

	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	11/08/2026	25/08/2025	03/06/2025	20/06/2023	30/08/2022	18/03/2021
General meeting	21/05/2026	21/05/2025	15/05/2024	01/06/2023	29/08/2022	10/03/2021
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

22 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	21/05/2026	11/08/2026	French	PDF
Abridged model	31/12/2024	21/05/2025	25/08/2025	French	PDF
Abridged modelCorrection	31/12/2023	15/05/2024	03/06/2025	French	PDF
Abridged model	31/12/2023	15/05/2024	31/08/2024	French	PDF
Abridged model	31/12/2022	01/06/2023	20/06/2023	French	PDF
Abridged model	31/12/2021	29/08/2022	30/08/2022	French	PDF
Abridged model	31/12/2020	10/03/2021	18/03/2021	French	PDF
Abridged model	31/12/2019	25/09/2020	28/09/2020	French	PDF
Abridged model	31/12/2018	17/07/2019	05/08/2019	French	PDF
Abridged model	31/12/2017	06/06/2018	18/06/2018	French	PDF
Micro model	31/12/2016	14/07/2017	14/07/2017	French	PDF
Abridged model	31/12/2015	30/06/2016	30/06/2016	French	PDF
Abridged model	31/12/2014	22/06/2015	28/08/2015	French	PDF
Abridged modelCorrection	31/12/2013	21/05/2014	28/10/2014	French	PDF
Abridged model	31/12/2013	21/05/2014	21/10/2014	French	PDF
Abridged model	31/12/2012	24/06/2013	09/07/2013	French	PDF
Abridged model	31/12/2011	18/05/2012	13/06/2012	French	PDF
Abridged model	31/12/2010	29/06/2011	30/08/2011	French	PDF
Abridged model	31/12/2009	29/06/2010	20/07/2010	French	PDF
Abridged model	31/12/2008	30/06/2009	17/07/2009	French	PDF
Abridged model	31/12/2007	30/06/2008	29/07/2008	French	PDF
Abridged model	31/12/2006	25/06/2007	24/07/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 · 1 active · 21 ended

Active mandates

BOSCO

Director · since 04 août 2022 · 0732.709.294

Represented by Brunet Julien

Active

Ended mandates

BOSCO

Director · since 04 août 2022 · until 04 août 2028 · 0732.709.294

Represented by Brunet Julien

Ended

BOSCO

Managing director · since 04 août 2022 · until 30 juin 2028 · 0732.709.294

Represented by Julien Brunet

Ended

BOSCO

Managing director · since 04 août 2022 · until 30 juin 2028 · 0732.709.294

Represented by Julien Brunet

Ended

Eddy Lenoir

Director · since 04 août 2022 · until 30 juin 2028

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates08/05/2026
DEMISSIONS, NOMINATIONS
PDF
Restructuring21/09/2023
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring31/03/2023
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Mandates09/08/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates30/06/2022
DEMISSIONS, NOMINATIONS
PDF
Restructuring26/03/2021
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Other26/03/2021
DIVERS
PDF
Mandates29/01/2021
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 20252,8 k €↓
2024
Annual accounts 2024152,2 k €↓
2023
Annual accounts 2023332,5 k €↑
2022
Annual accounts 202238,9 k €↓
2021
Annual accounts 202196,6 k €↑
2020
Annual accounts 202089,6 k €↑
2019
Annual accounts 201987,9 k €↓
2018
Annual accounts 2018246,6 k €↑
2017
Annual accounts 2017182,9 k €↑
2016
Annual accounts 2016-123,4 k €↓
2015
Annual accounts 2015411,3 k €↑
2014
Annual accounts 2014-179,3 k €↑
2013
Annual accounts 2013-535,5 k €↓
2012
Annual accounts 2012-101,8 k €↓
2011
Annual accounts 2011135,8 k €↑
2010
Annual accounts 2010-203,7 k €↑
2009
Annual accounts 2009-233,8 k €↓
2008
Annual accounts 2008745,9 €↓
2007
Annual accounts 200735,8 k €↑
2006
Annual accounts 20068,1 k €
01/12/1987
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

BRUNET

Overview

What does BRUNET do?

Trend over 20 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