ACTIVE

BRANDY

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Financial year 2025 · closed on 31/12/2025

Net result

590,4 k €

+15.9% YoY

Gross margin

1,5 M €

+31.8% YoY

Equity

409,7 k €

-2.3% YoY

Workforce

4,0 ETP

0.0% YoY

What does BRANDY do?

BRANDY is a Private limited company incorporated in 1998. Its registered office is in Schaerbeek. It employs on average 4,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0464.797.175

Incorporation

09/12/1998

Legal form

Private limited company

Registered office

Avenue Huart Hamoir 111
1030 Schaerbeek · BruxellesSee on map

Contributed capital

28 000,00 €

Latest accounts

31/12/2025

Average workforce

4,0 ETP

Joint committees (3)

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	1,5 M €	+31.8%	1,1 M €	+21.9%	937,9 k €		–		–		–		–		680,5 k €	+1.4%	671,2 k €	+0.3%	669,4 k €	-6.7%	717,9 k €	-9.9%	797,1 k €	+4.6%	762,1 k €	+29.5%	588,3 k €	-24.0%	773,7 k €	+45.3%	532,5 k €	+13.0%	471,3 k €	-14.7%	552,6 k €	-9.4%	610,3 k €
EBITDA	1 M €	+49.6%	697,1 k €	+39.9%	498,1 k €	+23.1%	404,7 k €	-8.7%	443,5 k €	+32.9%	333,7 k €	-23.0%	433,6 k €	+39.2%	311,5 k €	+7.7%	289,3 k €	+1.3%	285,5 k €	-13.5%	330,1 k €	-0.9%	333,1 k €	-16.1%	397,1 k €	+62.1%	244,9 k €	-44.4%	440,7 k €	+167%	165,1 k €	+84.3%	89,6 k €	-54.5%	197,1 k €	-42.7%	343,8 k €
Operating result	777,3 k €	+16.8%	665,8 k €	+39.6%	476,9 k €	+20.8%	394,7 k €	-9.5%	436,4 k €	+33.6%	326,6 k €	-18.5%	400,8 k €	+48.3%	270,3 k €	+28.4%	210,6 k €	+6.0%	198,7 k €	-16.1%	236,8 k €	-5.6%	251 k €	-20.1%	314 k €	+91.9%	163,6 k €	-53.4%	351,3 k €	+342%	79,5 k €	+650%	-14,5 k €	-118%	82,2 k €	-73.8%	313,8 k €
Net result	590,4 k €	+15.9%	509,4 k €	+38.8%	366,9 k €	+26.2%	290,7 k €	-7.7%	314,9 k €	+42.9%	220,4 k €	-15.8%	261,7 k €	+46.3%	178,8 k €	+38.7%	128,9 k €	+177%	46,6 k €	-72.3%	168 k €	-8.1%	182,9 k €	-14.8%	214,7 k €	+51.7%	141,5 k €	-52.6%	298,3 k €	+219%	93,6 k €	+7368%	1,3 k €	-98.8%	101,7 k €	-59.7%	252,1 k €
Balance sheet
Equity	409,7 k €	-2.3%	419,2 k €	+2.3%	409,9 k €	+4.3%	393 k €	+11.6%	352,3 k €	+4.4%	337,3 k €	+6.4%	316,9 k €	-85.8%	2,2 M €	+8.2%	2,1 M €	+6.2%	1,9 M €	+2.0%	1,9 M €	+9.1%	1,7 M €	-3.6%	1,8 M €	+12.8%	1,6 M €	-14.2%	1,9 M €	+18.3%	1,6 M €	+5.7%	1,5 M €	+5.5%	1,4 M €	+7.7%	1,3 M €
Total assets	1,6 M €	+49.4%	1,1 M €	+18.5%	908,3 k €	+20.6%	753 k €	-3.4%	779,8 k €	-13.7%	903,3 k €	+35.5%	666,5 k €	-77.5%	3 M €	+7.3%	2,8 M €	+5.1%	2,6 M €	+4.8%	2,5 M €	+3.7%	2,4 M €	+4.8%	2,3 M €	+11.5%	2,1 M €	+2.3%	2 M €	+17.3%	1,7 M €	+5.2%	1,6 M €	+3.8%	1,6 M €	+10.6%	1,4 M €
Cash	1,2 k €	+14.3%	1 k €	+14.6%	884,3 €	-65.7%	2,6 k €	-4.0%	2,7 k €	+72.4%	1,6 k €	-99.6%	443,3 k €	-84.0%	2,8 M €	+9.5%	2,5 M €	+12.2%	2,3 M €	+1.6%	2,2 M €	+3.7%	2,1 M €	+14.9%	1,9 M €	+18.4%	1,6 M €	+0.0%	1,6 M €	+49.8%	1,1 M €	+8.1%	971 k €	+4.5%	928,9 k €	-22.3%	1,2 M €
Debts	967,8 k €	+47.3%	657 k €	+31.8%	498,5 k €	+38.5%	360 k €	-15.8%	427,4 k €	-24.5%	565,9 k €	+61.9%	349,6 k €	-48.9%	684,7 k €	+4.9%	652,5 k €	+2.4%	637,1 k €	+14.8%	554,8 k €	-4.3%	579,6 k €	+31.9%	439,5 k €	+6.4%	413,1 k €	+277%	109,6 k €	+21.1%	90,5 k €	-3.5%	93,8 k €	+17.2%	80 k €	-0.1%	80,1 k €
Other
Workforce	4,0 ETP	0.0%	4,0 ETP	0.0%	4,0 ETP	0.0%	4,0 ETP	-7.0%	4,3 ETP	+13.2%	3,8 ETP	-20.8%	4,8 ETP	+17.1%	4,1 ETP	-18.0%	5,0 ETP	+19.0%	4,2 ETP	-16.0%	5,0 ETP	-28.6%	7,0 ETP	+32.1%	5,3 ETP	+3.9%	5,1 ETP	+6.2%	4,8 ETP	-11.1%	5,4 ETP	-15.6%	6,4 ETP	+14.3%	5,6 ETP	+24.4%	4,5 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 7 ended

Active mandates

Christian VAN THILLO

Director

Active

Christophe CONVENT

Director

Active

Diederik Decraene

Persoon belast met dagelijks bestuur

Active

Piet VROMAN

Director

Active

Ended mandates

Christian VAN THILLO

Director · since 26 octobre 2018

Ended

Christophe CONVENT

Director · since 26 octobre 2018

Ended

Piet VROMAN

Director · since 26 octobre 2018

Ended

Dirk Lodewyckx

Manager · since 05 décembre 1998

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Full model	Full model	Full 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	21/08/2026	16/07/2025	30/08/2024	16/08/2023	30/08/2022	02/07/2021
General meeting	31/07/2026	23/06/2025	17/06/2024	19/06/2023	20/06/2022	23/04/2021
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
Abridged model	31/12/2025	31/07/2026	21/08/2026	Dutch	PDF
Abridged model	31/12/2024	23/06/2025	16/07/2025	Dutch	PDF
Abridged model	31/12/2023	17/06/2024	30/08/2024	Dutch	PDF
Full model	31/12/2022	19/06/2023	16/08/2023	Dutch	PDF
Full model	31/12/2021	20/06/2022	30/08/2022	Dutch	PDF
Full model	31/12/2020	23/04/2021	02/07/2021	Dutch	PDF
Full model	31/12/2019	07/09/2020	08/10/2020	Dutch	PDF
Abridged model	30/06/2018	15/12/2018	21/12/2018	Dutch	PDF
Abridged model	30/06/2017	16/12/2017	31/01/2018	Dutch	PDF
Abridged model	30/06/2016	17/12/2016	31/01/2017	Dutch	PDF
Abridged model	30/06/2015	19/12/2015	23/12/2015	Dutch	PDF
Abridged model	30/06/2014	20/12/2014	20/01/2015	Dutch	PDF
Abridged model	30/06/2013	05/02/2014	14/02/2014	Dutch	PDF
Abridged model	30/06/2012	19/01/2013	19/02/2013	Dutch	PDF
Abridged model	30/06/2011	17/12/2011	21/02/2012	Dutch	PDF
Abridged model	30/06/2010	18/12/2010	24/02/2011	Dutch	PDF
Abridged model	30/06/2009	19/12/2009	19/01/2010	Dutch	PDF
Abridged model	30/06/2008	20/12/2008	12/02/2009	Dutch	PDF
Abridged model	30/06/2007	29/12/2007	29/01/2008	Dutch	PDF
Abridged model	30/06/2006	16/12/2006	09/01/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 · 4 active · 7 ended

Active mandates

Christian VAN THILLO

Director

Active

Christophe CONVENT

Director

Active

Diederik Decraene

Persoon belast met dagelijks bestuur

Active

Piet VROMAN

Director

Active

Ended mandates

Christian VAN THILLO

Director · since 26 octobre 2018

Ended

Christophe CONVENT

Director · since 26 octobre 2018

Ended

Piet VROMAN

Director · since 26 octobre 2018

Ended

Dirk Lodewyckx

Manager · since 05 décembre 1998

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Registered office11/12/2025
MAATSCHAPPELIJKE ZETEL
PDF
Mandates26/04/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Other17/07/2019
ALGEMENE VERGADERING - BOEKJAAR
PDF
Mandates30/11/2018
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares23/07/2018
KAPITAAL - AANDELEN
PDF
Capital / shares22/07/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares22/06/2005
DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN - ALGEMENE VERGADERING
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 2025590,4 k €↑
2024
Annual accounts 2024509,4 k €↑
2023
Annual accounts 2023366,9 k €↑
2022
Annual accounts 2022290,7 k €↓
2021
Annual accounts 2021314,9 k €↑
2020
Annual accounts 2020220,4 k €↓
2019
Annual accounts 2019261,7 k €↑
2018
Annual accounts 2018178,8 k €↑
2017
Annual accounts 2017128,9 k €↑
2016
Annual accounts 201646,6 k €↓
2015
Annual accounts 2015168 k €↓
2014
Annual accounts 2014182,9 k €↓
2013
Annual accounts 2013214,7 k €↑
2012
Annual accounts 2012141,5 k €↓
2011
Annual accounts 2011298,3 k €↑
2010
Annual accounts 201093,6 k €↑
2009
Annual accounts 20091,3 k €↓
2008
Annual accounts 2008101,7 k €↓
2007
Annual accounts 2007252,1 k €
09/12/1998
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

BRANDY

Overview

What does BRANDY do?

Trend over 19 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