ACTIVE

BVL MANAGEMENT

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Financial year 2025 · closed on 31/12/2025

Net result

4,4 k €

-96.9% YoY

Gross margin

275,7 k €

-43.1% YoY

Equity

4,3 M €

-24.3% YoY

What does BVL MANAGEMENT do?

BVL MANAGEMENT is a Public limited company incorporated in 1989. Its main activity is: Development of building projects. Its registered office is in Profondeville.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0438.591.240

Incorporation

05/10/1989

Legal form

Public limited company

Registered office

Rue Emile Mahaux(B.V.) 25
5170 Profondeville · WallonieSee on map

Contributed capital

62 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

41101Development of building projects· main 68121Buying and selling of own real estate 70111Activities of head offices 70200Management consultancy activities 70220Business and other management consultancy activities 73200Market research and public opinion polling+3

Joint committees (3)

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	275,7 k €	-43.1%	484,5 k €	-35.0%	745,7 k €	+30.3%	572,2 k €	-10.2%	636,8 k €	-14.5%	745,1 k €	+8.0%	690 k €	+1.8%	677,9 k €	+5.3%	643,5 k €	-15.8%	763,8 k €	-2.4%	782,2 k €	+7.1%	730,3 k €	-13.5%	844,1 k €	+9.9%	768 k €	-24.5%	1 M €	+9.0%	933,1 k €	-26.2%	1,3 M €	-11.7%	1,4 M €	+630%	196,2 k €
EBITDA	248,4 k €	-45.4%	455,2 k €	-36.4%	716,1 k €	+30.5%	548,8 k €	-10.6%	613,7 k €	-14.3%	715,8 k €	+7.3%	667,2 k €	+1.5%	657,3 k €	+4.9%	626,4 k €	-15.4%	740,7 k €	-2.6%	760,1 k €	+7.1%	709,5 k €	-13.6%	820,7 k €	+10.0%	746 k €	-18.5%	915,1 k €	+21.7%	752 k €	-18.4%	922,1 k €	-15.4%	1,1 M €	+464%	193,4 k €
Operating result	-58,3 k €	-147%	124,6 k €	-68.3%	393,2 k €	+180%	140,2 k €	-66.8%	421,9 k €	+19.5%	353 k €	+154%	138,9 k €	-61.4%	359,9 k €	+9.4%	328,8 k €	-24.8%	437 k €	-2.8%	449,6 k €	+10.8%	405,8 k €	-16.1%	483,4 k €	+32.2%	365,7 k €	-35.3%	564,8 k €	+49.1%	378,9 k €	-32.2%	559,2 k €	-17.3%	676,2 k €	+328%	157,9 k €
Net result	4,4 k €	-96.9%	140,8 k €	-40.6%	236,9 k €	+262%	65,4 k €	-92.8%	908,6 k €	+150%	362,9 k €	+135%	154,8 k €	-59.2%	379,3 k €	-15.9%	450,8 k €	-33.1%	673,9 k €	+78.4%	377,8 k €	+59.9%	236,3 k €	-30.6%	340,3 k €	+32.0%	257,7 k €	-36.0%	402,8 k €	+103%	198,7 k €	-29.9%	283,5 k €	-31.5%	414,2 k €	+18.1%	350,7 k €
Balance sheet
Equity	4,3 M €	-24.3%	5,7 M €	-0.7%	5,7 M €	-2.8%	5,9 M €	-2.9%	6 M €	+12.2%	5,4 M €	-4.4%	5,6 M €	+2.8%	5,5 M €	+6.2%	5,2 M €	+8.2%	4,8 M €	+14.8%	4,1 M €	+8.6%	3,8 M €	+5.5%	3,6 M €	+8.7%	3,3 M €	+4.1%	3,2 M €	+14.4%	2,8 M €	+7.6%	2,6 M €	+5.4%	2,5 M €	+20.9%	2 M €
Total assets	8,4 M €	-18.5%	10,3 M €	+21.4%	8,5 M €	+3.5%	8,2 M €	-4.6%	8,6 M €	+8.1%	7,9 M €	+0.0%	7,9 M €	+11.5%	7,1 M €	+8.0%	6,6 M €	+0.1%	6,6 M €	-0.9%	6,6 M €	+7.3%	6,2 M €	+4.6%	5,9 M €	+18.4%	5 M €	-5.7%	5,3 M €	+4.0%	5,1 M €	+0.9%	5,1 M €	+8.3%	4,7 M €	+109%	2,2 M €
Cash	240 k €	-66.7%	721,8 k €	-18.1%	881,5 k €	-54.4%	1,9 M €	-15.8%	2,3 M €	+102%	1,1 M €	+180%	405 k €	+142%	167,3 k €	-73.7%	635,4 k €	-22.3%	818,1 k €	+35.7%	602,8 k €	+370%	128,2 k €	+175%	46,6 k €	-27.6%	64,4 k €	-85.4%	441,5 k €	+72.6%	255,7 k €	-4.8%	268,5 k €	+408%	52,9 k €	-6.6%	56,6 k €
Debts	3,9 M €	-10.7%	4,3 M €	+73.4%	2,5 M €	+23.5%	2 M €	-9.0%	2,2 M €	+8.8%	2 M €	+15.1%	1,8 M €	+62.5%	1,1 M €	+25.6%	872,4 k €	-29.5%	1,2 M €	-42.8%	2,2 M €	+3.4%	2,1 M €	+3.6%	2 M €	+45.9%	1,4 M €	-23.9%	1,8 M €	-16.4%	2,2 M €	-6.6%	2,3 M €	+7.1%	2,2 M €	+1058%	188 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		–		–		–		–		0,3 ETP	-76.9%	1,3 ETP	-69.8%	4,3 ETP	-23.2%	5,6 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 · 4 active · 26 ended

Active mandates

Bénédicte RANSQUIN

Director · since 26 décembre 2023 · until 30 juin 2029

Active

Eric LORFEVRE

Managing director · since 26 décembre 2023 · until 30 juin 2029

Active

FRANCOIS LORFEVRE

Managing director · since 26 décembre 2023 · until 30 juin 2029

Active

Stéphanie LORFEVRE

Managing director · since 26 décembre 2023 · until 30 juin 2029

Active

Ended mandates

Bénédicte RANSQUIN

Director · since 30 juin 2019 · until 28 juin 2025

Ended

Bénédicte RANSQUIN

Director · since 30 juin 2019 · until 30 juin 2025

Ended

Eric LORFEVRE

Managing director · since 30 juin 2019 · until 28 juin 2025

Ended

Eric LORFEVRE

Managing director · since 30 juin 2019 · until 30 juin 2025

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	23/07/2026	04/07/2025	29/08/2024	29/08/2023	31/08/2022	23/08/2021
General meeting	27/06/2026	28/06/2025	29/06/2024	24/06/2023	25/06/2022	26/06/2021
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	27/06/2026	23/07/2026	French	PDF
Abridged model	31/12/2024	28/06/2025	04/07/2025	French	PDF
Abridged model	31/12/2023	29/06/2024	29/08/2024	French	PDF
Abridged model	31/12/2022	24/06/2023	29/08/2023	French	PDF
Abridged model	31/12/2021	25/06/2022	31/08/2022	French	PDF
Abridged model	31/12/2020	26/06/2021	23/08/2021	French	PDF
Abridged model	31/12/2019	27/06/2020	27/08/2020	French	PDF
Abridged model	31/12/2018	29/06/2019	27/08/2019	French	PDF
Abridged model	31/12/2017	30/06/2018	31/08/2018	French	PDF
Abridged model	31/12/2016	24/06/2017	31/08/2017	French	PDF
Abridged model	31/12/2015	25/06/2016	30/08/2016	French	PDF
Abridged model	31/12/2014	27/06/2015	28/08/2015	French	PDF
Abridged model	31/12/2013	28/06/2014	25/08/2014	French	PDF
Abridged model	31/12/2012	29/06/2013	20/08/2013	French	PDF
Abridged model	31/12/2011	30/06/2012	28/08/2012	French	PDF
Abridged model	31/12/2010	25/06/2011	30/08/2011	French	PDF
Abridged model	31/12/2009	26/06/2010	30/09/2010	French	PDF
Abridged model	31/12/2008	27/06/2009	29/07/2009	French	PDF
Abridged model	31/03/2007	15/09/2007	28/09/2007	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 · 4 active · 26 ended

Active mandates

Bénédicte RANSQUIN

Director · since 26 décembre 2023 · until 30 juin 2029

Active

Eric LORFEVRE

Managing director · since 26 décembre 2023 · until 30 juin 2029

Active

FRANCOIS LORFEVRE

Managing director · since 26 décembre 2023 · until 30 juin 2029

Active

Stéphanie LORFEVRE

Managing director · since 26 décembre 2023 · until 30 juin 2029

Active

Ended mandates

Bénédicte RANSQUIN

Director · since 30 juin 2019 · until 28 juin 2025

Ended

Bénédicte RANSQUIN

Director · since 30 juin 2019 · until 30 juin 2025

Ended

Eric LORFEVRE

Managing director · since 30 juin 2019 · until 28 juin 2025

Ended

Eric LORFEVRE

Managing director · since 30 juin 2019 · until 30 juin 2025

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates08/01/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DEMISSIONS, NOMINATIONS
PDF
Mandates11/10/2019
DEMISSIONS, NOMINATIONS
PDF
Mandates29/12/2014
DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates07/10/2014
DEMISSIONS, NOMINATIONS
PDF
Capital / shares24/12/2013
CAPITAL, ACTIONS
PDF
Mandates04/09/2013
DEMISSIONS, NOMINATIONS
PDF
Mandates16/11/2011
DEMISSIONS, NOMINATIONS
PDF
Restructuring14/07/2008
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
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 20254,4 k €↓
2024
Annual accounts 2024140,8 k €↓
2023
Annual accounts 2023236,9 k €↑
2022
Annual accounts 202265,4 k €↓
2021
Annual accounts 2021908,6 k €↑
2020
Annual accounts 2020362,9 k €↑
2019
Annual accounts 2019154,8 k €↓
2018
Annual accounts 2018379,3 k €↓
2017
Annual accounts 2017450,8 k €↓
2016
Annual accounts 2016673,9 k €↑
2015
Annual accounts 2015377,8 k €↑
2014
Annual accounts 2014236,3 k €↓
2013
Annual accounts 2013340,3 k €↑
2012
Annual accounts 2012257,7 k €↓
2011
Annual accounts 2011402,8 k €↑
2010
Annual accounts 2010198,7 k €↓
2009
Annual accounts 2009283,5 k €↓
2008
Annual accounts 2008414,2 k €↑
2007
Annual accounts 2007350,7 k €
05/10/1989
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

BVL MANAGEMENT

Overview

What does BVL MANAGEMENT do?

Trend over 19 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