ACTIVE

MACBRIEN CUPER ISNARD

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Financial year 2025 · closed on 31/12/2025

Net result

183 k €

+0.1% YoY

Gross margin

224,9 k €

+1.8% YoY

Equity

1,6 M €

+12.7% YoY

What does MACBRIEN CUPER ISNARD do?

MACBRIEN CUPER ISNARD is a Private limited company incorporated in 1994. Its main activity is: Management consultancy activities. Its registered office is in Etterbeek.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0452.669.603

Incorporation

07/04/1994

Legal form

Private limited company

Registered office

Boulevard Saint-Michel 45
1040 Etterbeek · BruxellesSee on map

Contributed capital

20 451,21 €

Latest accounts

31/12/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74142Specialised design activities

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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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
Gross margin	224,9 k €	+1.8%	221 k €	-22.2%	284,3 k €	+10.7%	256,7 k €	+1.8%	252,3 k €	+24.5%	202,6 k €	-9.4%	223,6 k €	+30.4%	171,5 k €	+38.3%	124 k €	-25.0%	165,3 k €	-13.1%	190,2 k €	-17.2%	229,7 k €	-37.4%	366,7 k €	+13.8%	322,3 k €	+4.4%	308,6 k €	+19.4%	258,4 k €	-4.7%	271,3 k €	+52.2%	178,2 k €	+94.7%	91,6 k €	+14.8%	79,8 k €
EBITDA	221,3 k €	+2.2%	216,5 k €	-23.1%	281,7 k €	+11.2%	253,3 k €	+1.6%	249,4 k €	+25.6%	198,6 k €	-10.0%	220,7 k €	+31.1%	168,3 k €	+40.6%	119,7 k €	-26.8%	163,6 k €	-11.3%	184,3 k €	-16.8%	221,5 k €	-39.3%	365 k €	+13.7%	321 k €	+4.4%	307,4 k €	+20.8%	254,5 k €	-5.8%	270,1 k €	+53.5%	176 k €	+95.6%	90 k €	+19.1%	75,6 k €
Operating result	217,7 k €	+4.9%	207,5 k €	-20.9%	262,2 k €	+12.3%	233,5 k €	+3.5%	225,6 k €	+27.5%	177 k €	-7.3%	190,9 k €	+38.1%	138,2 k €	+56.3%	88,4 k €	-36.6%	139,5 k €	-19.4%	173,1 k €	-18.1%	211,3 k €	-40.2%	353,2 k €	+13.6%	310,9 k €	+2.3%	303,9 k €	+21.1%	251 k €	-2.4%	257,2 k €	+55.8%	165 k €	+120%	74,9 k €	+23.2%	60,8 k €
Net result	183 k €	+0.1%	182,8 k €	-10.2%	203,5 k €	+17.3%	173,6 k €	+2.3%	169,7 k €	+29.5%	131 k €	+1.4%	129,2 k €	+34.7%	95,9 k €	+68.5%	56,9 k €	-37.2%	90,6 k €	-25.6%	121,8 k €	-15.9%	144,9 k €	-38.5%	235,5 k €	+11.8%	210,6 k €	+5.1%	200,5 k €	+23.2%	162,8 k €	+1.7%	160,1 k €	+54.6%	103,6 k €	+119%	47,3 k €	+43.3%	33 k €
Balance sheet
Equity	1,6 M €	+12.7%	1,4 M €	+14.5%	1,3 M €	+19.3%	1,1 M €	+19.7%	880,1 k €	+23.9%	710,4 k €	+22.6%	579,4 k €	+28.7%	450,3 k €	+27.1%	354,4 k €	+19.1%	297,5 k €	+43.8%	206,9 k €	-56.0%	470 k €	+3.3%	455,1 k €	+30.2%	349,6 k €	+30.0%	268,9 k €	+35.5%	198,5 k €	+19.8%	165,7 k €	+22.2%	135,6 k €	+5.9%	128,1 k €	+58.5%	80,8 k €
Total assets	1,7 M €	+12.5%	1,5 M €	+13.0%	1,3 M €	+17.6%	1,1 M €	+17.8%	942,8 k €	+14.4%	824,5 k €	+18.2%	697,2 k €	+37.5%	506,9 k €	+6.4%	476,5 k €	-9.4%	526,1 k €	-41.1%	893,9 k €	-5.6%	946,6 k €	+14.8%	824,6 k €	+13.8%	724,3 k €	+15.1%	629,4 k €	+14.2%	551,3 k €	+15.1%	478,8 k €	+33.2%	359,4 k €	+62.8%	220,8 k €	+28.3%	172,1 k €
Cash	373,9 k €	+27.0%	294,5 k €	-4.5%	308,3 k €	-69.0%	993,3 k €	+19.9%	828,3 k €	+13.5%	729,5 k €	+52.3%	478,9 k €	+98.1%	241,8 k €	-1.5%	245,6 k €	+32.6%	185,2 k €	-27.4%	255,2 k €	-5.0%	268,7 k €	+324%	63,4 k €	-37.1%	100,8 k €	+4.6%	96,4 k €	-57.4%	226,1 k €	-42.3%	391,9 k €	+436%	73,1 k €	-61.3%	188,9 k €	+51.2%	124,9 k €
Debts	36,6 k €	+2.9%	35,5 k €	-26.1%	48,1 k €	-13.6%	55,6 k €	-5.9%	59,1 k €	-47.7%	113 k €	-2.8%	116,2 k €	+109%	55,7 k €	-54.0%	121,1 k €	-26.8%	165,3 k €	-73.5%	623,6 k €	+31.1%	475,6 k €	+29.1%	368,5 k €	-1.4%	373,7 k €	+4.0%	359,4 k €	+2.2%	351,8 k €	+12.8%	311,9 k €	+40.6%	221,8 k €	+139%	92,7 k €	+1.8%	91,1 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 7 ended

Active mandates

MCI ASSOCIATES

Manager · since 01 janvier 2014 · 0827.436.922

Represented by Gabriela CUPER

Active

Ended mandates

MCI ASSOCIATES

Manager · since 01 janvier 2014 · 0827.436.922

Represented by Michel MACBRIEN

Ended

François ISNARD

Manager · since 07 avril 1994 · until 01 janvier 2014

Ended

François ISNARD

Manager · since 07 avril 1994

Ended

Gabriela CUPER

Manager · since 07 avril 1994 · until 01 janvier 2014

Ended

At this address

Other companies at this address

Company	CBE no.
groupe europeen des associations d'experts immobiliers● Active	0459.529.481
MCI ASSOCIATES● Active	0827.436.922
MCI SOCIETE CIVILE● Active	0725.468.047
MCI UNIT● Active	0833.196.247
UB-TEAM● Active	0882.448.689

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	09/07/2026	26/06/2025	02/08/2024	29/06/2023	26/07/2022	23/07/2021
General meeting	02/06/2026	03/06/2025	30/06/2024	27/06/2023	27/06/2022	28/06/2021
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
Micro model	31/12/2025	02/06/2026	09/07/2026	French	PDF
Micro model	31/12/2024	03/06/2025	26/06/2025	French	PDF
Micro model	31/12/2023	30/06/2024	02/08/2024	French	PDF
Micro model	31/12/2022	27/06/2023	29/06/2023	French	PDF
Micro model	31/12/2021	27/06/2022	26/07/2022	French	PDF
Micro model	31/12/2020	28/06/2021	23/07/2021	French	PDF
Micro model	31/12/2019	29/06/2020	31/07/2020	French	PDF
Micro model	31/12/2018	24/06/2019	26/08/2019	French	PDF
Micro model	31/12/2017	25/06/2018	31/08/2018	French	PDF
Micro model	31/12/2016	26/06/2017	31/08/2017	French	PDF
Abridged model	31/12/2015	27/06/2016	10/08/2016	French	PDF
Abridged model	31/12/2014	29/06/2015	31/07/2015	French	PDF
Abridged model	31/12/2013	23/06/2014	06/08/2014	French	PDF
Abridged model	31/12/2012	25/06/2013	31/08/2013	French	PDF
Abridged model	31/12/2011	25/06/2012	26/07/2012	French	PDF
Abridged model	31/12/2010	21/06/2011	20/07/2011	French	PDF
Abridged model	31/12/2009	01/06/2010	02/08/2010	French	PDF
Abridged model	31/12/2008	02/06/2009	17/06/2009	French	PDF
Abridged model	31/12/2007	03/06/2008	27/06/2008	French	PDF
Abridged model	31/12/2006	03/06/2007	26/07/2007	French	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 7 ended

Active mandates

MCI ASSOCIATES

Manager · since 01 janvier 2014 · 0827.436.922

Represented by Gabriela CUPER

Active

Ended mandates

MCI ASSOCIATES

Manager · since 01 janvier 2014 · 0827.436.922

Represented by Michel MACBRIEN

Ended

François ISNARD

Manager · since 07 avril 1994 · until 01 janvier 2014

Ended

François ISNARD

Manager · since 07 avril 1994

Ended

Gabriela CUPER

Manager · since 07 avril 1994 · until 01 janvier 2014

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates30/10/2023
DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE
PDF
Mandates19/02/2014
DEMISSIONS, NOMINATIONS
PDF
Registered office07/11/2011
SIEGE SOCIAL
PDF
Capital / shares05/07/2004
CAPITAL, ACTIONS - ASSEMBLEE GENERALE - 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 2025183 k €↑
2024
Annual accounts 2024182,8 k €↓
2023
Annual accounts 2023203,5 k €↑
2022
Annual accounts 2022173,6 k €↑
2021
Annual accounts 2021169,7 k €↑
2020
Annual accounts 2020131 k €↑
2019
Annual accounts 2019129,2 k €↑
2018
Annual accounts 201895,9 k €↑
2017
Annual accounts 201756,9 k €↓
2016
Annual accounts 201690,6 k €↓
2015
Annual accounts 2015121,8 k €↓
2014
Annual accounts 2014144,9 k €↓
2013
Annual accounts 2013235,5 k €↑
2012
Annual accounts 2012210,6 k €↑
2011
Annual accounts 2011200,5 k €↑
2010
Annual accounts 2010162,8 k €↑
2009
Annual accounts 2009160,1 k €↑
2008
Annual accounts 2008103,6 k €↑
2007
Annual accounts 200747,3 k €↑
2006
Annual accounts 200633 k €
07/04/1994
IncorporationPrivate 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

MACBRIEN CUPER ISNARD

Overview

What does MACBRIEN CUPER ISNARD 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