ACTIVE

BEFRA

Financial year 2025 · Closed on 30/09/2025

Net result590,6 k €+6 545,4 %over 1 year

Gross margin847,3 k €+1 784,2 %over 1 year

Equity1,2 M €+101,8 %over 1 year

Identity

Source · BCE/KBO

BEFRA is a Public limited company incorporated in 1991. Its main activity is: Management consultancy activities. Its registered office is in Schaerbeek.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0445.728.955
Incorporation: 18/11/1991
Legal form: Public limited company
Registered office: Avenue du Diamant 24
1030 Schaerbeek · BruxellesSee on map
Contributed capital: 360 735,00 €
Latest accounts: 30/09/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74142Specialised design activities 71340Architectural and engineering activities; technical testing and analysis 77399Rental and leasing of other machinery, equipment and tangible goods n.e.c.77399Rental and leasing of other machinery, equipment and tangible goods n.e.c.

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 19 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	847,3 k €	+1784%	45 k €	+2.0%	44,1 k €	+44.2%	30,6 k €	-2.6%	31,4 k €
EBITDA	847,1 k €	+1928%	41,8 k €	+1.8%	41 k €	+46.1%	28,1 k €	+0.0%	28,1 k €
Operating result	847,1 k €	+4865%	17,1 k €	+15.9%	14,7 k €	+3737%	383,8 €	+2.7%	373,7 €
Net result	590,6 k €	+6545%	8,9 k €	+373%	1,9 k €	-90.2%	19,3 k €	-12.9%	22,1 k €
Balance sheet
Equity	1,2 M €	+102%	580 k €	+1.6%	571,2 k €	+0.3%	569,3 k €	+3.5%	550 k €
Total assets	1,4 M €	+91.8%	710 k €	+2.4%	693,5 k €	-0.7%	698,1 k €	+4.0%	671 k €
Cash	1,4 M €	+378%	284,4 k €	+16.8%	243,6 k €	+17.4%	207,4 k €	+10.9%	187 k €
Debts	191 k €	+47.0%	130 k €	+6.2%	122,3 k €	-5.0%	128,8 k €	+6.5%	121 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Board of directors

Source · NBB, accounts to 30/09/2025

1 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Michel RAMIOUL	MandateDirector26/09/2014 → 2023 accountsendedManaging director28/03/2003 → 28/03/2009ended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
TEN BOS0460.425.742	Director27/12/2016 → 30/09/2020
FORESTER INVEST0461.813.931	Director26/09/2014 → 2015 accounts

Other companies at this address

Avenue du Diamant 24 1030 Schaerbeek

Company	CBE no.
Association des copropriétaires - Résidence MARGAUX - avenue du Diamant à Schaerbeek● Active	0863.906.150
BEFICO● Active	0416.090.606
BELCOBIS● Active	0461.438.304
BERRY BE RESEARCH● Active	0692.601.180
CORRONET● Active	0474.225.476
CRESCENDA● Active	0865.958.392
DE RODE BEUK● Active	0453.983.655
GRIFFIN FINANCIAL STRUCTURING● Active	0449.356.953
INVESTA POST LEUVEN● Active	0877.068.753
LE GRAND BOIS● Active	0474.418.288
Planasa Belgium● Active	1016.673.727
"Wenigen"● Active	1027.102.811

Full financial information

Source · NBB

	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	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	27/04/2026	28/04/2025	03/04/2024	06/04/2023	25/04/2022	26/04/2021
General meeting	27/03/2026	28/03/2025	29/03/2024	24/03/2023	25/03/2022	26/03/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 19 filings

Model	Closing	General meeting	Filed	Language	Document
Micro model	30/09/2025	27/03/2026	27/04/2026	Dutch	PDF
Micro model	30/09/2024	28/03/2025	28/04/2025	Dutch	PDF
Micro model	30/09/2023	29/03/2024	03/04/2024	Dutch	PDF
Micro model	30/09/2022	24/03/2023	06/04/2023	Dutch	PDF
Micro model	30/09/2021	25/03/2022	25/04/2022	Dutch	PDF
Micro model	30/09/2020	26/03/2021	26/04/2021	Dutch	PDF
Micro model	30/09/2019	27/03/2020	27/04/2020	Dutch	PDF
Micro model	30/09/2018	29/03/2019	29/03/2019	Dutch	PDF
Abridged model	30/09/2017	30/03/2018	26/04/2018	Dutch	PDF
Abridged model	30/09/2016	31/03/2017	04/04/2017	Dutch	PDF
Abridged model	30/09/2015	25/03/2016	06/04/2016	Dutch	PDF
Abridged model	30/09/2014	27/03/2015	30/03/2015	Dutch	PDF
Abridged model	30/09/2013	28/03/2014	17/04/2014	Dutch	PDF
Abridged model	30/09/2012	29/03/2013	25/04/2013	Dutch	PDF
Abridged model	30/09/2010	25/03/2011	29/04/2011	Dutch	PDF
Abridged model	30/09/2009	26/03/2010	29/04/2010	Dutch	PDF
Abridged model	30/09/2008	27/03/2009	10/04/2009	Dutch	PDF
Abridged model	30/09/2007	28/03/2008	07/04/2008	Dutch	PDF
Abridged model	30/09/2006	30/03/2007	05/04/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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.

Board of directors

Source · NBB, accounts to 30/09/2025

1 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Michel RAMIOUL	MandateDirector26/09/2014 → 2023 accountsendedManaging director28/03/2003 → 28/03/2009ended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
TEN BOS0460.425.742	Director27/12/2016 → 30/09/2020
FORESTER INVEST0461.813.931	Director26/09/2014 → 2015 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates25/11/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/06/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/04/2017
Benoeming bestuurder ;
PDF
Capital / shares09/10/2014
STATUTENWIJZIGING: OMZETTING KAPITAAL IN EURO -
PDF
Registered office04/02/2010
Zetelverplaatsing
PDF
Mandates17/04/2003
ONTSLAGEN - BENOEMINGEN
PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings19 filings

Mandates

Michel Ramioul

TEN BOS

FORESTER INVEST

199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

BEFRA

Avenue du Diamant 24, 1030 Schaerbeek

DirectorManaging director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Avenue du Diamant 24, 1030 SchaerbeekCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00103541

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
BEFRACurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00103541

Events

2025
Annual accounts 2025590,6 k €↑
2024
Annual accounts 20248,9 k €↑
2023
Annual accounts 20231,9 k €↓
2022
Annual accounts 202219,3 k €↓
2021
Annual accounts 202122,1 k €↑
2020
Annual accounts 202018,2 k €↑
2019
Annual accounts 201918,1 k €↓
2018
Annual accounts 201827,3 k €↑
2017
Annual accounts 201721,2 k €↑
2016
Annual accounts 201619,6 k €↑
2015
Annual accounts 201514,9 k €↓
2014
Annual accounts 201424,2 k €↑
2013
Annual accounts 20135,5 k €↓
2012
Annual accounts 201220,3 k €↓
2010
Annual accounts 201041,1 k €↑
2009
Annual accounts 200924,7 k €↓
2008
Annual accounts 200849,5 k €↑
2007
Annual accounts 200727,3 k €↑
2006
Annual accounts 200618 k €
18/11/1991
IncorporationPublic limited company

BEFRA

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events