ACTIVE

BEER MANAGEMENT

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Financial year 2025 · closed on 31/12/2025

Net result

340,1 k €

-70.6% YoY

Revenue

632,3 k €

-9.0% YoY

Equity

13,1 M €

+1.5% YoY

What does BEER MANAGEMENT do?

BEER MANAGEMENT is a Public limited company incorporated in 1990. Its main activity is: Market research and public opinion polling. Its registered office is in Woluwe-Saint-Pierre.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0442.548.543

Incorporation

28/12/1990

Legal form

Public limited company

Registered office

Avenue de Tervueren 365-367
1150 Woluwe-Saint-Pierre · BruxellesSee on map

Contributed capital

9 072 700,00 €

Latest accounts

31/12/2025

Activities (NACE)

73200Market research and public opinion polling· main 73200Market research and public opinion polling 74131Specialised design activities 46190Agents involved in the sale of a variety of goods 46190Agents involved in the sale of a variety of goods 51190Passenger air transport

Joint committees (3)

200
20201
218

Contacts

2 public details availableLog in to view

Signals

ProfitableSolid equityLow riskPositive 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
Revenue	632,3 k €	-9.0%	694,7 k €	-1.3%	704,1 k €	-5.1%	741,8 k €	+16.8%	635,3 k €	+16.8%	543,7 k €	+2.6%	529,7 k €	+3.9%	509,7 k €	-6.3%	544,2 k €	-19.6%	676,4 k €	-5.2%	713,9 k €	+23.1%	580 k €	-7.2%	624,7 k €	-12.8%	716,1 k €	+28.6%	557,1 k €	-0.1%	557,5 k €	+19.1%	467,9 k €	-0.0%	468,1 k €	-9.6%	517,9 k €	+16.3%	445,1 k €
EBITDA	50,5 k €	-40.3%	84,6 k €	+29.2%	65,5 k €	-55.9%	148,7 k €	+85.6%	80,1 k €	-42.8%	140 k €	+59.8%	87,6 k €	+15.4%	75,9 k €	-36.2%	118,9 k €	-44.4%	213,9 k €	-21.1%	271 k €	+188%	94 k €	-36.3%	147,6 k €	-37.4%	235,7 k €	+178%	84,8 k €	-15.7%	100,6 k €	-73.1%	373,4 k €	+343%	84,2 k €	-26.3%	114,4 k €	+116%	52,9 k €
Operating result	60,8 k €	-36.1%	95,2 k €	+24.3%	76,6 k €	-53.1%	163,4 k €	+102%	80,9 k €	-32.7%	120,2 k €	+76.5%	68,1 k €	+21.3%	56,2 k €	-36.0%	87,7 k €	-50.6%	177,5 k €	-25.8%	239,3 k €	+288%	61,8 k €	-48.7%	120,3 k €	-45.9%	222,2 k €	+290%	56,9 k €	-19.8%	70,9 k €	-80.4%	361,7 k €	+674%	46,7 k €	-39.2%	76,9 k €	+87.5%	41 k €
Net result	340,1 k €	-70.6%	1,2 M €	-57.3%	2,7 M €	+138%	1,1 M €	+555%	174,2 k €	-14.3%	203,2 k €	+55.3%	130,8 k €	-22.9%	169,6 k €	-24.1%	223,4 k €	+119%	101,9 k €	-77.5%	452,9 k €	+843%	48 k €	+29.3%	37,2 k €	-80.6%	191,7 k €	+93.7%	99 k €	+582%	14,5 k €	-92.9%	203,9 k €	+118%	93,4 k €	+575%	13,8 k €	+365%	-5,2 k €
Balance sheet
Equity	13,1 M €	+1.5%	12,9 M €	+7.3%	12 M €	+21.4%	9,9 M €	+0.4%	9,8 M €	+0.3%	9,8 M €	+0.6%	9,7 M €	+0.1%	9,7 M €	+0.3%	9,7 M €	+0.8%	9,6 M €	+0.1%	9,6 M €	+2.7%	9,4 M €	+0.2%	9,4 M €	+0.1%	9,4 M €	+1.1%	9,3 M €	+0.4%	9,2 M €	-0.3%	9,3 M €	+404%	1,8 M €	+5.4%	1,7 M €	+0.8%	1,7 M €
Total assets	13,9 M €	+1.7%	13,6 M €	+4.0%	13,1 M €	+11.1%	11,8 M €	+9.1%	10,8 M €	-0.5%	10,9 M €	-0.1%	10,9 M €	-0.2%	10,9 M €	-0.7%	11 M €	+0.3%	10,9 M €	+0.5%	10,9 M €	-0.5%	10,9 M €	-0.3%	11 M €	+0.1%	11 M €	+0.4%	10,9 M €	-1.1%	11 M €	-0.9%	11,1 M €	+229%	3,4 M €	+2.0%	3,3 M €	-1.0%	3,3 M €
Cash	293,1 k €	+919%	28,8 k €	+126%	12,7 k €	-83.0%	74,9 k €	+222%	23,3 k €	-48.9%	45,6 k €	+561%	6,9 k €	-28.0%	9,6 k €	-71.0%	33 k €	+85.2%	17,8 k €	-24.6%	23,7 k €	+388%	4,9 k €	-10.7%	5,4 k €	-68.6%	17,3 k €	-64.3%	48,4 k €	+19.6%	40,5 k €	+1316%	2,9 k €	-62.8%	7,7 k €	+79.8%	4,3 k €	+22.3%	3,5 k €
Debts	409,9 k €	+14.4%	358,4 k €	-48.7%	698,4 k €	-53.4%	1,5 M €	+174%	547,3 k €	-10.3%	609,9 k €	-7.4%	658,6 k €	-2.4%	675,1 k €	-10.5%	754,2 k €	-2.9%	776,6 k €	+9.2%	711,2 k €	-29.2%	1 M €	-0.8%	1 M €	+3.3%	980,2 k €	-4.8%	1 M €	-11.8%	1,2 M €	-5.9%	1,2 M €	+39.6%	888,7 k €	-1.7%	903,8 k €	-3.1%	932,8 k €
Other
Workforce	–		0,2 ETP	-33.3%	0,3 ETP	-25.0%	0,4 ETP	0.0%	0,4 ETP	0.0%	0,4 ETP	0.0%	0,4 ETP	0.0%	0,4 ETP	0.0%	0,4 ETP	-50.0%	0,8 ETP	0.0%	0,8 ETP	0.0%	0,8 ETP	0.0%	0,8 ETP	0.0%	0,8 ETP	0.0%	0,8 ETP	0.0%	0,8 ETP	0.0%	0,8 ETP	0.0%	0,8 ETP	-20.0%	1,0 ETP	0.0%	1,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 24 ended

Active mandates

F.S. BEER

Chairman of the board of directors · since 19 mai 2022 · until 19 mai 2028

Active

HADRIEN BEER

Director · since 19 mai 2022 · until 19 mai 2028

Active

JEAN-JULIEN BEER

Director · since 19 mai 2022 · until 19 mai 2028

Active

SIMON BEER

Director · since 19 mai 2022 · until 19 mai 2028

Active

Ended mandates

F.S. BEER

Chairman of the board of directors · since 01 janvier 2021 · until 05 juin 2027

Ended

HADRIEN BEER

Director · since 05 juin 2019 · until 05 juin 2025

Ended

JEAN-JULIEN BEER

Director · since 05 juin 2019 · until 05 juin 2025

Ended

SIMON BEER

Director · since 05 juin 2019 · until 05 juin 2025

Ended

At this address

Other companies at this address

Company	CBE no.
INVESTISSEMENTS, PARTICIPATION ET GESTION● Active	0432.494.888
PICART ET BEER● Active	0422.600.195

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	18/06/2026	23/06/2025	13/06/2024	04/07/2023	09/06/2022	22/06/2021
General meeting	05/06/2026	05/06/2025	05/06/2024	05/06/2023	07/06/2022	05/06/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	05/06/2026	18/06/2026	French	PDF
Full model	31/12/2024	05/06/2025	23/06/2025	French	PDF
Full model	31/12/2023	05/06/2024	13/06/2024	French	PDF
Full model	31/12/2022	05/06/2023	04/07/2023	French	PDF
Full model	31/12/2021	07/06/2022	09/06/2022	French	PDF
Full model	31/12/2020	05/06/2021	22/06/2021	French	PDF
Full model	31/12/2019	05/06/2020	23/06/2020	French	PDF
Full model	31/12/2018	05/06/2019	23/07/2019	French	PDF
Full model	31/12/2017	05/06/2018	03/07/2018	French	PDF
Full model	31/12/2016	06/06/2017	10/07/2017	French	PDF
Full model	31/12/2015	06/06/2016	13/07/2016	French	PDF
Full model	31/12/2014	05/06/2015	15/07/2015	French	PDF
Full model	31/12/2013	05/06/2014	20/08/2014	French	PDF
Full model	31/12/2012	05/06/2013	10/07/2013	French	PDF
Full model	31/12/2011	05/06/2012	27/06/2012	French	PDF
Full model	31/12/2010	06/06/2011	28/06/2011	French	PDF
Full model	31/12/2009	05/06/2010	20/07/2010	French	PDF
Full model	31/12/2008	05/06/2009	07/07/2009	French	PDF
Full model	31/12/2007	05/06/2008	14/07/2008	French	PDF
Full model	31/12/2006	05/06/2007	05/07/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 24 ended

Active mandates

F.S. BEER

Chairman of the board of directors · since 19 mai 2022 · until 19 mai 2028

Active

HADRIEN BEER

Director · since 19 mai 2022 · until 19 mai 2028

Active

JEAN-JULIEN BEER

Director · since 19 mai 2022 · until 19 mai 2028

Active

SIMON BEER

Director · since 19 mai 2022 · until 19 mai 2028

Active

Ended mandates

F.S. BEER

Chairman of the board of directors · since 01 janvier 2021 · until 05 juin 2027

Ended

HADRIEN BEER

Director · since 05 juin 2019 · until 05 juin 2025

Ended

JEAN-JULIEN BEER

Director · since 05 juin 2019 · until 05 juin 2025

Ended

SIMON BEER

Director · since 05 juin 2019 · until 05 juin 2025

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates12/10/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates24/05/2022
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DEMISSIONS, NOMINATIONS
PDF
Mandates08/11/2021
DEMISSIONS, NOMINATIONS
PDF
Mandates27/08/2020
DEMISSIONS, NOMINATIONS
PDF
Mandates23/08/2019
DEMISSIONS, NOMINATIONS
PDF
Mandates02/08/2017
DEMISSIONS, NOMINATIONS
PDF
Mandates24/07/2015
DEMISSIONS, NOMINATIONS
PDF
Mandates10/10/2014
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 2025340,1 k €↓
2024
Annual accounts 20241,2 M €↓
2023
Annual accounts 20232,7 M €↑
2022
Annual accounts 20221,1 M €↑
2021
Annual accounts 2021174,2 k €↓
2020
Annual accounts 2020203,2 k €↑
2019
Annual accounts 2019130,8 k €↓
2018
Annual accounts 2018169,6 k €↓
2017
Annual accounts 2017223,4 k €↑
2016
Annual accounts 2016101,9 k €↓
2015
Annual accounts 2015452,9 k €↑
2014
Annual accounts 201448 k €↑
2013
Annual accounts 201337,2 k €↓
2012
Annual accounts 2012191,7 k €↑
2011
Annual accounts 201199 k €↑
2010
Annual accounts 201014,5 k €↓
2009
Annual accounts 2009203,9 k €↑
2008
Annual accounts 200893,4 k €↑
2007
Annual accounts 200713,8 k €↑
2006
Annual accounts 2006-5,2 k €
28/12/1990
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

BEER MANAGEMENT

Overview

What does BEER MANAGEMENT do?

Trend over 20 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