ACTIVE

BRAINE MANAGEMENT

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Financial year 2025 · closed on 30/06/2025

Net result

70,3 k €

+326.8% YoY

Gross margin

197 k €

+27.3% YoY

Equity

1,5 M €

-0.6% YoY

What does BRAINE MANAGEMENT do?

BRAINE MANAGEMENT is a Public limited company incorporated in 1994. Its main activity is: Market research and public opinion polling. Its registered office is in Braine-l'Alleud.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0452.054.741

Incorporation

03/02/1994

Legal form

Public limited company

Registered office

Avenue des Champs 6
1420 Braine-l'Alleud · WallonieSee on map

Contributed capital

286 000,00 €

Latest accounts

30/06/2025

Activities (NACE)

73200Market research and public opinion polling· main 73200Market research and public opinion polling 74131Specialised design activities

Contacts

1 public detail availableLog in to view

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Gross margin	197 k €	+27.3%	154,7 k €	-2.6%	158,9 k €	-8.0%	172,8 k €	-24.2%	227,9 k €	-7.0%	245,1 k €	+58.9%	154,3 k €	-83.6%	940,7 k €	+1014%	84,5 k €	+24.6%	67,8 k €	+6.4%	63,7 k €	+23.8%	51,5 k €	-75.9%	214,1 k €	-60.2%	538,4 k €	+5551%	9,5 k €	-75.7%	39,2 k €	+81.4%	21,6 k €	-51.2%	44,3 k €
EBITDA	166 k €	+48.1%	112,1 k €	-16.9%	134,9 k €	-7.5%	145,8 k €	-1.1%	147,4 k €	-34.8%	226 k €	+65.3%	136,7 k €	-85.2%	925,2 k €	+1161%	73,4 k €	+28.7%	57 k €	+9.0%	52,3 k €	+21.7%	43 k €	-79.1%	206 k €	-61.1%	529,9 k €	+36638%	-1,5 k €	-105%	27,1 k €	+159%	10,4 k €	-67.0%	31,6 k €
Operating result	95,5 k €	+493%	-24,3 k €	-135%	69,4 k €	+3.6%	67 k €	+162%	25,6 k €	-82.0%	142 k €	+11776%	1,2 k €	-99.9%	848,8 k €	+1438%	55,2 k €	+77.5%	31,1 k €	+123%	13,9 k €	+1321%	-1,1 k €	-101%	199,9 k €	-61.9%	524,1 k €	+3347%	-16,1 k €	-421%	5 k €	+124%	-21,2 k €	-4.9%	-20,2 k €
Net result	70,3 k €	+327%	-31 k €	-154%	57,2 k €	+17.2%	48,8 k €	+214%	15,6 k €	-86.2%	113,2 k €	+397%	-38,1 k €	-105%	843,6 k €	+2104%	38,3 k €	+127%	16,9 k €	+76.3%	9,6 k €	+249%	-6,4 k €	-104%	168,9 k €	-53.8%	365,4 k €	+1621%	-24 k €	-147%	-9,7 k €	-226%	7,7 k €	-93.2%	113,6 k €
Balance sheet
Equity	1,5 M €	-0.6%	1,6 M €	-5.2%	1,6 M €	+0.3%	1,6 M €	+3.1%	1,6 M €	+1.0%	1,6 M €	+1.5%	1,6 M €	-7.6%	1,7 M €	+85.3%	907,4 k €	-3.5%	939,8 k €	+1.8%	923 k €	+1.0%	913,4 k €	-0.7%	919,8 k €	+22.5%	751 k €	+94.8%	385,6 k €	-5.9%	409,6 k €	-2.3%	419,3 k €	+1.9%	411,6 k €
Total assets	1,8 M €	+0.6%	1,8 M €	-1.5%	1,8 M €	-2.6%	1,9 M €	-4.5%	2 M €	-3.1%	2 M €	+7.8%	1,9 M €	-5.9%	2 M €	+76.3%	1,1 M €	+1.8%	1,1 M €	+1.0%	1,1 M €	-0.3%	1,1 M €	-6.4%	1,2 M €	+4.5%	1,1 M €	+83.0%	618,3 k €	-4.1%	644,5 k €	-3.7%	669,2 k €	-23.7%	876,6 k €
Cash	242,4 k €	+10.2%	219,9 k €	-55.3%	492,1 k €	+5.0%	468,6 k €	-8.4%	511,5 k €	-15.0%	602,1 k €	+52.4%	395 k €	+109%	189,4 k €	+12.5%	168,3 k €	+12.2%	150 k €	+15.5%	129,8 k €	+78.6%	72,7 k €	+23.7%	58,8 k €	-40.8%	99,4 k €	+2507%	3,8 k €	-73.8%	14,6 k €	-50.9%	29,7 k €	-85.6%	206,8 k €
Debts	214 k €	+9.9%	194,7 k €	+39.7%	139,4 k €	-25.3%	186,5 k €	-43.2%	328,6 k €	+56.2%	210,4 k €	+87.3%	112,3 k €	+9.8%	102,3 k €	-49.8%	203,8 k €	+35.2%	150,7 k €	-4.9%	158,4 k €	-7.7%	171,6 k €	-28.9%	241,3 k €	-32.8%	358,9 k €	+70.1%	211 k €	-2.3%	215,9 k €	-7.7%	234 k €	-48.2%	452,1 k €
Other
Workforce	–		–		–		–		0,0 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 30/06/2025 · 2 active · 13 ended

Active mandates

Anne Lacroix

Director · since 21 mai 2021

Active

Anne Lacroix

Managing director

Active

Ended mandates

Anne Lacroix

Director · until 14 décembre 2010

Ended

Anne Lacroix

Director · until 13 décembre 2016

Ended

Anne Lacroix

Director · until 08 décembre 2020

Ended

Anne Lacroix

Director · until 08 décembre 2026

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	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	05/01/2026	18/12/2024	15/12/2023	13/01/2023	06/01/2022	14/12/2020
General meeting	09/12/2025	10/12/2024	12/12/2023	13/12/2022	14/12/2021	08/12/2020
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	30/06/2025	09/12/2025	05/01/2026	French	PDF
Abridged model	30/06/2024	10/12/2024	18/12/2024	French	PDF
Abridged model	30/06/2023	12/12/2023	15/12/2023	French	PDF
Abridged model	30/06/2022	13/12/2022	13/01/2023	French	PDF
Abridged model	30/06/2021	14/12/2021	06/01/2022	French	PDF
Abridged model	30/06/2020	08/12/2020	14/12/2020	French	PDF
Abridged model	30/06/2019	10/12/2019	24/12/2019	French	PDF
Abridged model	30/06/2018	11/12/2018	03/01/2019	French	PDF
Abridged model	30/06/2017	12/12/2017	21/12/2017	French	PDF
Abridged model	30/06/2016	14/12/2016	14/12/2016	French	PDF
Abridged model	30/06/2015	08/12/2015	14/12/2015	French	PDF
Abridged model	30/06/2014	09/12/2014	05/01/2015	French	PDF
Abridged model	30/06/2013	10/12/2013	15/01/2014	French	PDF
Abridged model	30/06/2012	11/12/2012	27/01/2013	French	PDF
Abridged model	30/06/2011	13/12/2011	20/12/2011	French	PDF
Abridged model	30/06/2010	14/12/2010	24/03/2011	French	PDF
Abridged model	30/06/2009	08/12/2009	13/01/2010	French	PDF
Abridged model	30/06/2008	09/12/2008	05/01/2009	French	PDF
Abridged model	30/06/2007	11/12/2007	29/01/2008	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 30/06/2025 · 2 active · 13 ended

Active mandates

Anne Lacroix

Director · since 21 mai 2021

Active

Anne Lacroix

Managing director

Active

Ended mandates

Anne Lacroix

Director · until 14 décembre 2010

Ended

Anne Lacroix

Director · until 13 décembre 2016

Ended

Anne Lacroix

Director · until 08 décembre 2020

Ended

Anne Lacroix

Director · until 08 décembre 2026

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates09/06/2021
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
PDF
Restructuring06/08/2018
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring16/02/2018
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Mandates03/01/2018
DEMISSIONS, NOMINATIONS
PDF
Mandates10/06/2014
DEMISSIONS, NOMINATIONS
PDF
Mandates22/09/2004
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
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 202570,3 k €↑
2024
Annual accounts 2024-31 k €↓
2023
Annual accounts 202357,2 k €↑
2022
Annual accounts 202248,8 k €↑
2021
Annual accounts 202115,6 k €↓
2020
Annual accounts 2020113,2 k €↑
2019
Annual accounts 2019-38,1 k €↓
2018
Annual accounts 2018843,6 k €↑
2017
Annual accounts 201738,3 k €↑
2016
Annual accounts 201616,9 k €↑
2015
Annual accounts 20159,6 k €↑
2014
Annual accounts 2014-6,4 k €↓
2013
Annual accounts 2013168,9 k €↓
2012
Annual accounts 2012365,4 k €↑
2011
Annual accounts 2011-24 k €↓
2010
Annual accounts 2010-9,7 k €↓
2009
Annual accounts 20097,7 k €↓
2008
Annual accounts 2008113,6 k €
03/02/1994
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

BRAINE MANAGEMENT

Overview

What does BRAINE MANAGEMENT do?

Trend over 18 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