ACTIVE

DROIT DE REGARD

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Financial year 2025 · Closed on 31/12/2025

Net result40,2 k €-19,1 %over 1 year

Gross margin120,5 k €-33,8 %over 1 year

Equity254,9 k €+17,4 %over 1 year

Workforce1,0 ETP-44,4 %over 1 year

Identity

Source · BCE/KBO

DROIT DE REGARD is a Public limited company incorporated in 1991. Its registered office is in Uccle. It employs on average 1,0 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0444.798.745
Incorporation: 31/07/1991
Legal form: Public limited company
Registered office: Rue Xavier De Bue 68
1180 Uccle · BruxellesSee on map
Contributed capital: 61 973,38 €
Latest accounts: 31/12/2025
Average workforce: 1,0 ETP

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	120,5 k €	-33.8%	182,2 k €	-13.0%	209,3 k €	+60.7%	130,3 k €	-22.4%	167,8 k €
EBITDA	70,6 k €	-20.9%	89,1 k €	-19.8%	111,1 k €	+220%	34,7 k €	-57.1%	80,9 k €
Operating result	55,3 k €	-24.0%	72,7 k €	+134%	31,1 k €	+95.7%	15,9 k €	-73.9%	61,1 k €
Net result	40,2 k €	-19.1%	49,7 k €	+58.1%	31,5 k €	+184%	11,1 k €	-74.9%	44,2 k €
Balance sheet
Equity	254,9 k €	+17.4%	217,1 k €	+29.4%	167,8 k €	+13.4%	147,9 k €	+6.3%	139,1 k €
Total assets	715,5 k €	+2.2%	700,1 k €	+1.3%	691,2 k €	-2.7%	710,2 k €	-12.2%	808,7 k €
Cash	114,9 k €	+40.5%	81,7 k €	+77.9%	45,9 k €	+4.5%	44 k €	-68.5%	139,7 k €
Debts	460,6 k €	-4.6%	482,7 k €	-7.8%	523,4 k €	-6.9%	562,3 k €	-16.0%	669,3 k €
Other
Workforce	1,0 ETP	-44.4%	1,8 ETP	-10.0%	2,0 ETP	0.0%	2,0 ETP		–

Valuation

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 12 ended

Active mandates

Erika BOUCHEI

Managing director · since 11 juin 2021 · until 10 juin 2027

Active

Philippe ULRICH

Managing director · since 11 juin 2021 · until 10 juin 2027

Active

Ended mandates

Erika BOUCHEI

Managing director · since 11 juin 2015 · until 10 juin 2021

Ended

Philippe ULRICH

Managing director · since 11 juin 2015 · until 10 juin 2021

Ended

ERIKA BOUCHEI

Managing director · since 18 février 2009 · until 18 février 2015

Ended

PHILIPPE ULRICH

Managing director · since 18 février 2009 · until 18 février 2015

Ended

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged 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	30/08/2026	26/08/2025	08/10/2024	31/08/2023	24/08/2022	30/08/2021
General meeting	11/06/2026	12/06/2025	13/06/2024	08/06/2023	09/06/2022	10/06/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	11/06/2026	30/08/2026	French	PDF
Abridged model	31/12/2024	12/06/2025	26/08/2025	French	PDF
Abridged model	31/12/2023	13/06/2024	08/10/2024	French	PDF
Abridged model	31/12/2022	08/06/2023	31/08/2023	French	PDF
Micro model	31/12/2021	09/06/2022	24/08/2022	French	PDF
Micro model	31/12/2020	10/06/2021	30/08/2021	French	PDF
Micro model	31/12/2019	08/09/2020	30/10/2020	French	PDF
Micro model	31/12/2018	13/06/2019	29/08/2019	French	PDF
Micro model	31/12/2017	14/06/2018	31/08/2018	French	PDF
Micro model	31/12/2016	08/06/2017	29/08/2017	French	PDF
Abridged model	31/12/2015	09/06/2016	17/08/2016	French	PDF
Abridged model	31/12/2014	11/06/2015	24/08/2015	French	PDF
Abridged model	31/12/2013	12/06/2014	29/08/2014	French	PDF
Abridged model	31/12/2012	10/06/2013	30/08/2013	French	PDF
Abridged model	31/12/2011	02/10/2012	16/10/2012	French	PDF
Abridged model	31/12/2010	14/02/2011	28/02/2011	French	PDF
Abridged model	31/12/2009	14/06/2010	24/08/2010	French	PDF
Abridged model	31/12/2008	18/02/2009	05/06/2009	French	PDF
Abridged model	31/12/2007	19/06/2008	08/07/2008	French	PDF
Abridged model	31/12/2006	29/06/2007	19/07/2007	French	PDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 12 ended

Active mandates

Erika BOUCHEI

Managing director · since 11 juin 2021 · until 10 juin 2027

Active

Philippe ULRICH

Managing director · since 11 juin 2021 · until 10 juin 2027

Active

Ended mandates

Erika BOUCHEI

Managing director · since 11 juin 2015 · until 10 juin 2021

Ended

Philippe ULRICH

Managing director · since 11 juin 2015 · until 10 juin 2021

Ended

ERIKA BOUCHEI

Managing director · since 18 février 2009 · until 18 février 2015

Ended

PHILIPPE ULRICH

Managing director · since 18 février 2009 · until 18 février 2015

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates19/04/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates27/10/2015
DEMISSIONS, NOMINATIONS
PDF
Capital / shares11/04/2012
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates20/10/2009
DEMISSIONS, NOMINATIONS
PDF
Mandates17/06/2009
DEMISSIONS, NOMINATIONS
PDF
Mandates17/08/2004
DEMISSIONS, NOMINATIONS
PDF

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A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

2025
Annual accounts 202540,2 k €↓
2024
Annual accounts 202449,7 k €↑
2023
Annual accounts 202331,5 k €↑
2022
Annual accounts 202211,1 k €↓
2021
Annual accounts 202144,2 k €↓
2020
Annual accounts 202073,8 k €↑
2019
Annual accounts 201926,7 k €↓
2018
Annual accounts 201850,9 k €↑
2017
Annual accounts 201726,6 k €↓
2016
Annual accounts 201655,3 k €↑
2015
Annual accounts 2015-26,5 k €↓
2014
Annual accounts 201477,2 k €↓
2013
Annual accounts 201385,2 k €↑
2012
Annual accounts 201247,4 k €↓
2011
Annual accounts 201191,5 k €↑
2010
Annual accounts 201090,6 k €↑
2009
Annual accounts 200979,1 k €↑
2008
Annual accounts 2008-11,4 k €↓
2007
Annual accounts 200712,2 k €↑
2006
Annual accounts 200612,2 k €
31/07/1991
IncorporationPublic limited company

DROIT DE REGARD

Overview

Identity

Financials

Valuation

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

Timeline