ACTIVE

B.R.S.

Financial year 2025 · Closed on 30/09/2025

Net result204,1 k €-15,2 %over 1 year

Gross margin297,2 k €-5,5 %over 1 year

Equity1,3 M €+8,0 %over 1 year

Identity

Source · BCE/KBO

B.R.S. is a Public limited company incorporated in 1997. Its main activity is: Management consultancy activities. Its registered office is in Kortrijk.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0462.278.838
Incorporation: 30/12/1997
Legal form: Public limited company
Registered office: Koning Leopold I-straat(Kor) 14
8500 Kortrijk · FlandreSee on map
Contributed capital: 200 000,00 €
Latest accounts: 30/09/2025

Activities (NACE)

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

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	297,2 k €	-5.5%	314,6 k €	+233%	94,4 k €	+112%	44,6 k €	-50.0%	89,2 k €
EBITDA	295,7 k €	-5.3%	312,4 k €	+235%	93,3 k €	+114%	43,6 k €	-50.6%	88,2 k €
Operating result	287,5 k €	-6.5%	307,4 k €	+229%	93,3 k €	+114%	43,6 k €	-50.6%	88,2 k €
Net result	204,1 k €	-15.2%	240,6 k €	+325%	56,6 k €	-53.3%	121,1 k €	+40.3%	86,3 k €
Balance sheet
Equity	1,3 M €	+8.0%	1,2 M €	+24.7%	972,2 k €	+6.2%	915,6 k €	+15.2%	794,4 k €
Total assets	1,8 M €	+1.8%	1,8 M €	+21.3%	1,4 M €	+6.2%	1,4 M €	+10.3%	1,2 M €
Cash	103 k €	-34.8%	158 k €	+779%	18 k €	-88.6%	157,2 k €	+146%	63,8 k €
Debts	474,3 k €	-12.2%	540 k €	+14.1%	473,1 k €	+6.1%	446 k €	+1.2%	440,7 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Board of directors

Source · NBB, accounts to 30/09/2025

3 active · 12 ended

Active mandates

Hervé Bultinck

Director · since 02 octobre 2023

Active

LIA VOET

Managing director · since 02 octobre 2023

Active

Regnier Bultinck

Director · since 02 octobre 2023

Active

Ended mandates

Hervé Bultinck

Director · since 31 mars 2020

Ended

Regnier Bultinck

Director · since 31 mars 2020

Ended

LIA VOET

Managing director · since 19 février 2019

Ended

Hervé BULTINCK

Director

Ended

Other companies at this address

Koning Leopold I-straat(Kor) 14 8500 Kortrijk

Company	CBE no.
DE KORTRIJKSE AUTORIJSCHOOL● Active	0422.429.258

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	10/03/2026	17/03/2025	14/03/2024	23/02/2023	06/04/2022	30/03/2021
General meeting	17/02/2026	18/02/2025	20/02/2024	21/02/2023	08/03/2022	09/03/2021
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, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Micro model	30/09/2025	17/02/2026	10/03/2026	Dutch	PDF
Micro model	30/09/2024	18/02/2025	17/03/2025	Dutch	PDF
Micro model	30/09/2023	20/02/2024	14/03/2024	Dutch	PDF
Micro model	30/09/2022	21/02/2023	23/02/2023	Dutch	PDF
Micro model	30/09/2021	08/03/2022	06/04/2022	Dutch	PDF
Micro model	30/09/2020	09/03/2021	30/03/2021	Dutch	PDF
Micro model	30/09/2019	31/03/2020	30/04/2020	Dutch	PDF
Micro model	30/09/2018	19/02/2019	29/03/2019	Dutch	PDF
Micro model	30/09/2017	20/02/2018	21/03/2018	Dutch	PDF
Abridged model	30/09/2016	21/02/2017	30/03/2017	Dutch	PDF
Abridged model	30/09/2015	16/02/2016	31/03/2016	Dutch	PDF
Abridged model	30/09/2014	17/02/2015	24/03/2015	Dutch	PDF
Abridged model	30/09/2013	11/03/2014	04/04/2014	Dutch	PDF
Abridged model	30/09/2012	12/03/2013	19/04/2013	Dutch	PDF
Abridged model	30/09/2011	21/02/2012	27/03/2012	Dutch	PDF
Abridged model	30/09/2010	31/03/2011	26/04/2011	Dutch	PDF
Abridged model	30/09/2009	16/02/2010	31/03/2010	Dutch	PDF
Abridged model	30/09/2008	17/02/2009	22/04/2009	Dutch	PDF
Abridged model	30/09/2007	19/02/2008	31/03/2008	Dutch	PDF
Abridged model	30/09/2006	20/02/2007	26/04/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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

3 active · 12 ended

Active mandates

Hervé Bultinck

Director · since 02 octobre 2023

Active

LIA VOET

Managing director · since 02 octobre 2023

Active

Regnier Bultinck

Director · since 02 octobre 2023

Active

Ended mandates

Hervé Bultinck

Director · since 31 mars 2020

Ended

Regnier Bultinck

Director · since 31 mars 2020

Ended

LIA VOET

Managing director · since 19 février 2019

Ended

Hervé BULTINCK

Director

Ended

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates05/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/06/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/05/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/04/2013
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/01/2009
ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates25/04/2005
ONTSLAGEN - BENOEMINGEN
PDF

Similar companies

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

See the Business plan

Timeline

2025
Annual accounts 2025204,1 k €↓
2024
Annual accounts 2024240,6 k €↑
2023
Annual accounts 202356,6 k €↓
2022
Annual accounts 2022121,1 k €↑
2021
Annual accounts 202186,3 k €↑
2020
Annual accounts 202047 k €↑
2019
Annual accounts 201927,9 k €↑
2018
Annual accounts 201821,3 k €↓
2017
Annual accounts 201722,3 k €↓
2016
Annual accounts 201636,1 k €↑
2015
Annual accounts 201528,9 k €↑
2014
Annual accounts 201418,2 k €↑
2013
Annual accounts 201315,1 k €↑
2012
Annual accounts 20122,2 k €↓
2011
Annual accounts 20118,1 k €↑
2010
Annual accounts 20101,2 k €↓
2009
Annual accounts 20093,6 k €↓
2008
Annual accounts 200820,8 k €↓
2007
Annual accounts 200725,6 k €↓
2006
Annual accounts 200631,9 k €
30/12/1997
IncorporationPublic limited company

B.R.S.

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