BRZ MANAGEMENT
0449.067.735 · rovalta.com · 23/09/2026
ACTIVE
BRZ MANAGEMENT
Financial year 2025 · closed on 31/12/2025
Net result
-521,3 €
+94.6% YoY
Gross margin
27,6 k €
+42.7% YoY
Equity
163,2 k €
-0.3% YoY
Overview
What does BRZ MANAGEMENT do?
BRZ MANAGEMENT is a Public limited company incorporated in 1992. Its main activity is: Management consultancy activities. Its registered office is in Seraing.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0449.067.735
Incorporation
23/12/1992
Legal form
Public limited company
Registered office
Rue du Bois St-Jean 29
4102 Seraing · WallonieSee on map
4102 Seraing · WallonieSee on map
Contributed capital
79 617,57 €
Latest accounts
31/12/2025
Activities (NACE)
Joint committees (2)
- 100
- 218
Contacts
4 public details availableLog in to view
Signals
Solid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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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 | 27,6 k € | +42.7% | 19,3 k € | -15.2% | 22,8 k € | -88.2% | 192,9 k € | -26.0% | 260,5 k € | -37.7% | 418,4 k € | +103% | 205,8 k € | +2.2% | 201,3 k € | -29.8% | 286,8 k € | +208% | 93 k € | -43.0% | 163,3 k € | -37.8% | 262,8 k € | -14.7% | 308,1 k € | -9.9% | 342 k € | +3.2% | 331,5 k € | +246% | 95,9 k € | -27.8% | 132,9 k € | +275% | 35,4 k € | -61.6% | 92,2 k € | -6.6% | 98,7 k € |
| EBITDA | 8,4 k € | +6298% | 130,8 € | -96.5% | 3,7 k € | -89.9% | 36,7 k € | -56.8% | 85,1 k € | -53.6% | 183,6 k € | +649% | 24,5 k € | -16.1% | 29,2 k € | -78.6% | 136,2 k € | +400% | -45,4 k € | -370% | 16,8 k € | +494% | -4,3 k € | +85.6% | -29,6 k € | -167% | 44,5 k € | -57.2% | 104 k € | +165% | 39,2 k € | -55.5% | 88,2 k € | +344% | 19,9 k € | -74.8% | 78,9 k € | -12.0% | 89,6 k € |
| Operating result | 1,7 k € | +122% | -7,8 k € | +7.7% | -8,5 k € | -148% | 17,6 k € | -75.4% | 71,8 k € | -58.9% | 174,6 k € | +16709% | 1 k € | -96.6% | 30,3 k € | -68.2% | 95,4 k € | +261% | -59,4 k € | -877% | -6,1 k € | +76.5% | -25,8 k € | +74.3% | -100,6 k € | -742% | 15,7 k € | -79.6% | 77 k € | +392% | 15,6 k € | -78.2% | 71,7 k € | +1665% | 4,1 k € | -93.6% | 63,1 k € | -14.1% | 73,5 k € |
| Net result | -521,3 € | +94.6% | -9,6 k € | +11.3% | -10,8 k € | -235% | 8 k € | -82.5% | 46 k € | -67.6% | 142,1 k € | +3119% | -4,7 k € | -130% | 15,6 k € | -79.3% | 75,7 k € | +195% | -79,8 k € | -344% | -18 k € | +59.0% | -43,8 k € | +64.1% | -121,8 k € | -5022% | 2,5 k € | -94.4% | 44,5 k € | +628% | 6,1 k € | -85.8% | 43 k € | -50.7% | 87,2 k € | +154% | 34,4 k € | -63.7% | 94,7 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||||
| Equity | 163,2 k € | -0.3% | 163,7 k € | -5.5% | 173,3 k € | -5.9% | 184,2 k € | -36.2% | 288,7 k € | +0.3% | 287,7 k € | +16.2% | 247,6 k € | -2.6% | 254,2 k € | +5.7% | 240,6 k € | +44.2% | 166,9 k € | -32.9% | 248,6 k € | -7.4% | 268,5 k € | -14.6% | 314,3 k € | -28.3% | 438,1 k € | +0.1% | 437,5 k € | +10.8% | 395 k € | +1.0% | 391 k € | +11.7% | 350 k € | +32.1% | 264,9 k € | +13.9% | 232,6 k € |
| Total assets | 200,9 k € | -11.7% | 227,5 k € | -44.7% | 411,4 k € | -15.5% | 486,8 k € | -27.6% | 672,1 k € | -13.1% | 773,2 k € | +35.4% | 571,1 k € | -3.6% | 592,3 k € | +14.8% | 516,2 k € | -10.6% | 577,3 k € | +5.2% | 548,5 k € | -10.5% | 613,2 k € | -24.1% | 808 k € | +10.7% | 729,6 k € | +4.0% | 701,6 k € | +7.6% | 651,8 k € | -19.2% | 806,3 k € | +8.3% | 744,4 k € | -0.8% | 750,5 k € | -21.3% | 954,1 k € |
| Cash | 63,8 k € | -7.5% | 69 k € | -3.9% | 71,8 k € | -33.5% | 108 k € | -60.9% | 275,9 k € | +45.7% | 189,4 k € | +300% | 47,4 k € | +57.2% | 30,1 k € | -62.9% | 81,3 k € | +71845% | 113 € | -99.0% | 11,3 k € | -85.0% | 75 k € | +23873% | 312,7 € | -96.7% | 9,6 k € | -83.5% | 57,9 k € | -36.2% | 90,7 k € | -27.2% | 124,6 k € | +5231% | 2,3 k € | -95.2% | 48,5 k € | +19.6% | 40,6 k € |
| Debts | 37,7 k € | -40.9% | 63,8 k € | -73.2% | 238,1 k € | -21.3% | 302,6 k € | -20.9% | 382,7 k € | -21.2% | 485,5 k € | +50.1% | 323,5 k € | -4.3% | 338,1 k € | +24.8% | 271 k € | -33.5% | 407,4 k € | +37.0% | 297,4 k € | -13.0% | 342,1 k € | -30.3% | 490,8 k € | +68.4% | 291,5 k € | +10.4% | 264,1 k € | +2.8% | 256,8 k € | -35.7% | 399,1 k € | +1.3% | 393,8 k € | -18.8% | 485,1 k € | -32.7% | 720,3 k € |
| Other | |||||||||||||||||||||||||||||||||||||||
| Workforce | – | – | – | – | – | – | – | – | – | – | 2,3 ETP | -8.0% | 2,5 ETP | -52.8% | 5,3 ETP | +6.0% | 5,0 ETP | +28.2% | 3,9 ETP | +117% | 1,8 ETP | +80.0% | 1,0 ETP | +233% | 0,3 ETP | +50.0% | 0,2 ETP | 0.0% | 0,2 ETP | ||||||||||
Estimate
Indicative valuation
As an indication, this company is worth
between 0 € and 100 k€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 28 ended
At this address
Other companies at this address
| Company | CBE no. |
|---|---|
Biocubik● Active | 0782.955.294 |
BSB MANAGEMENT CONSULTING● Active | 0793.980.830 |
PACH'WORK● Active | 0863.710.863 |
PEPS ENGINEERING● Active | 0687.596.079 |
PEPS GROUP● Active | 0768.607.907 |
Financials
Annual accounts
Full financial information
| 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 | 01/01/2025 | 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 | 25/09/2025 | 30/09/2024 | 30/12/2023 | 30/08/2022 | 31/08/2021 |
| General meeting | 30/06/2026 | 30/06/2025 | 30/06/2024 | 30/06/2023 | 24/06/2022 | 30/06/2021 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 31/12/2025 | 30/06/2026 | 30/08/2026 | French | |
| Micro model | 31/12/2024 | 30/06/2025 | 25/09/2025 | French | |
| Micro model | 31/12/2023 | 30/06/2024 | 30/09/2024 | French | |
| Micro model | 31/12/2022 | 30/06/2023 | 30/12/2023 | French | |
| Micro model | 31/12/2021 | 24/06/2022 | 30/08/2022 | French | |
| Micro model | 31/12/2020 | 30/06/2021 | 31/08/2021 | French | |
| Micro model | 31/12/2019 | 31/08/2020 | 28/09/2020 | French | |
| Micro model | 31/12/2018 | 28/06/2019 | 09/08/2019 | French | |
| Micro model | 31/12/2017 | 29/06/2018 | 04/07/2018 | French | |
| Micro model | 31/12/2016 | 30/06/2017 | 21/08/2017 | French | |
| Abridged model | 31/12/2015 | 30/06/2016 | 29/07/2016 | French | |
| Abridged model | 31/12/2014 | 26/06/2015 | 27/07/2015 | French | |
| Abridged model | 31/12/2013 | 27/06/2014 | 09/07/2014 | French | |
| Abridged model | 31/12/2012 | 28/06/2013 | 18/07/2013 | French | |
| Abridged model | 31/12/2011 | 22/06/2012 | 09/08/2012 | French | |
| Abridged model | 31/12/2010 | 24/06/2011 | 25/07/2011 | French | |
| Abridged model | 31/12/2009 | 25/06/2010 | 20/07/2010 | French | |
| Abridged model | 31/12/2008 | 26/06/2009 | 17/08/2009 | French | |
| Abridged model | 31/12/2007 | 27/06/2008 | 24/07/2008 | French | |
| Abridged model | 31/12/2006 | 29/06/2007 | 31/07/2007 | French |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 0 € and 100 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 28 ended
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Restructuring09/12/2022DENOMINATION - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
- Restructuring10/10/2022RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
- Mandates20/07/2018DEMISSIONS, NOMINATIONS
- Mandates20/01/2015DEMISSIONS, NOMINATIONS
- Mandates01/10/2012DEMISSIONS, NOMINATIONS
- Mandates20/12/2010DEMISSIONS, NOMINATIONS
- Mandates23/09/2009DEMISSIONS, NOMINATIONS
- Mandates29/11/2004DENOMINATION - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025-521,3 €↑
- 2024Annual accounts 2024-9,6 k €↑
- 2023Annual accounts 2023-10,8 k €↓
- 2022Annual accounts 20228 k €↓
- 2022Name changeBRZ MANAGEMENT
- 2021Annual accounts 202146 k €↓
- 2021Name changeBSB MANAGEMENT CONSULTING
- 2020Annual accounts 2020142,1 k €↑
- 2019Annual accounts 2019-4,7 k €↓
- 2018Annual accounts 201815,6 k €↓
- 2017Annual accounts 201775,7 k €↑
- 2016Annual accounts 2016-79,8 k €↓
- 2015Annual accounts 2015-18 k €↑
- 2014Annual accounts 2014-43,8 k €↑
- 2013Annual accounts 2013-121,8 k €↓
- 2012Annual accounts 20122,5 k €↓
- 2011Annual accounts 201144,5 k €↑
- 2010Annual accounts 20106,1 k €↓
- 2009Annual accounts 200943 k €↓
- 2008Annual accounts 200887,2 k €↑
- 2007Annual accounts 200734,4 k €↓
- 2006Annual accounts 200694,7 k €
- 23/12/1992IncorporationPublic limited company