ACTIVE

BULGARI BELGIUM

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Financial year 2025 · Closed on 31/12/2025

Net result21,9 k €+123,5 %over 1 year

Gross margin512,9 k €-47,4 %over 1 year

Equity2,9 M €+0,8 %over 1 year

Workforce5,9 ETP-15,7 %over 1 year

Identity

Source · BCE/KBO

BULGARI BELGIUM is a Public limited company incorporated in 1999. Its registered office is in Bruxelles. It employs on average 5,9 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0465.667.504
Incorporation: 19/04/1999
Legal form: Public limited company
Registered office: Boulevard de Waterloo 36-37
1000 Bruxelles · BruxellesSee on map
Contributed capital: 1 000 000,00 €
Latest accounts: 31/12/2025
Average workforce: 5,9 ETP

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityHealthy social debts

Financials

Source · NBB, 21 filings

Trend over 19 financial years

	2025		2024		2022		2021		2020
Income statement
Gross margin	512,9 k €	-47.4%	976 k €		–		–		–
EBITDA	-402,3 k €	-394%	136,6 k €	-87.7%	1,1 M €	+254%	313 k €	+7.4%	291,3 k €
Operating result	-21,9 k €	+87.2%	-170,4 k €	-116%	1,1 M €	+361%	234,9 k €	-13.3%	271 k €
Net result	21,9 k €	+123%	-93,3 k €	-112%	761,8 k €	+469%	133,8 k €	-23.4%	174,8 k €
Balance sheet
Equity	2,9 M €	+0.8%	2,9 M €	-33.9%	4,4 M €	+20.9%	3,6 M €	+3.8%	3,5 M €
Total assets	3,6 M €	-35.5%	5,6 M €	-13.2%	6,5 M €	+21.9%	5,3 M €	+15.2%	4,6 M €
Cash	11,2 k €	-64.4%	31,6 k €	-82.0%	175,3 k €	+482%	30,1 k €	+119%	13,7 k €
Debts	680,6 k €	-70.3%	2,3 M €	+10.9%	2,1 M €	+24.0%	1,7 M €	+51.5%	1,1 M €
Other
Workforce	5,9 ETP	-15.7%	7,0 ETP	+16.7%	6,0 ETP	-1.6%	6,1 ETP	-11.6%	6,9 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 37 ended

Active mandates

Gaël Durand

Director · since 12 décembre 2024 · until 16 juin 2028

Active

Benjamin Beaufils

Director · since 04 décembre 2023 · until 16 juin 2028

Active

Marie-Noëlle Genin

Managing director · since 17 mai 2022 · until 16 juin 2028

Active

Ended mandates

Benjamin Beaufils

Director · since 04 décembre 2023 · until 15 juin 2029

Ended

Lelio Gavazza

Chairman of the board of directors · since 06 avril 2023 · until 15 juin 2029

Ended

Nina Norbert

Director · since 06 avril 2023 · until 01 septembre 2024

Ended

Nina Norbert

Director · since 06 avril 2023 · until 15 juin 2029

Ended

Other companies at this address

Boulevard de Waterloo 36-37 1000 Bruxelles

Company	CBE no.
LEXISAELS● Active	0741.902.322
LVDH● Active	1035.858.248
MB Brussels● Active	0845.248.003
THE VIEW EVENT● Active	0727.648.765

Full financial information

Source · NBB

	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	23/07/2026	24/07/2025	17/07/2024	18/12/2023	30/06/2022	01/07/2021
General meeting	11/07/2026	11/07/2025	21/06/2024	04/12/2023	17/05/2022	28/05/2021
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, 21 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	11/07/2026	23/07/2026	French	PDF
Abridged model	31/12/2024	11/07/2025	24/07/2025	French	PDF
Abridged model	31/12/2023	21/06/2024	17/07/2024	French	PDF
Full model	31/12/2022	04/12/2023	18/12/2023	French	PDF
Full model	31/12/2021	17/05/2022	30/06/2022	French	PDF
Full model	31/12/2020	28/05/2021	01/07/2021	French	PDF
Full model	31/12/2019	10/04/2020	09/07/2020	French	PDF
Full model	31/12/2018	12/04/2019	27/06/2019	French	PDF
Full model	31/12/2017	13/04/2018	19/06/2018	French	PDF
Full model	31/12/2016	14/04/2017	23/06/2017	French	PDF
Full model	31/12/2015	08/04/2016	21/06/2016	French	PDF
Full model	31/12/2014	10/04/2015	17/06/2015	French	PDF
Full model	31/12/2013	11/04/2014	13/08/2014	French	PDF
Full model	31/12/2012	15/05/2013	12/06/2013	French	PDF
Full model	31/12/2011	13/04/2012	25/05/2012	French	PDF
Full model	31/12/2010	04/03/2011	12/05/2011	French	PDF
Full modelCorrection	31/12/2009	09/04/2010	29/03/2011	French	PDF
Full model	31/12/2009	09/04/2010	09/06/2010	French	PDF
Full model	31/12/2008	10/04/2009	01/07/2009	French	PDF
Full model	31/12/2007	06/03/2008	30/07/2008	French	PDF
Full model	31/12/2006	13/04/2007	06/12/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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.

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 31/12/2025

3 active · 37 ended

Active mandates

Gaël Durand

Director · since 12 décembre 2024 · until 16 juin 2028

Active

Benjamin Beaufils

Director · since 04 décembre 2023 · until 16 juin 2028

Active

Marie-Noëlle Genin

Managing director · since 17 mai 2022 · until 16 juin 2028

Active

Ended mandates

Benjamin Beaufils

Director · since 04 décembre 2023 · until 15 juin 2029

Ended

Lelio Gavazza

Chairman of the board of directors · since 06 avril 2023 · until 15 juin 2029

Ended

Nina Norbert

Director · since 06 avril 2023 · until 01 septembre 2024

Ended

Nina Norbert

Director · since 06 avril 2023 · until 15 juin 2029

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates22/01/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates27/12/2023
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Mandates22/05/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates23/06/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates19/07/2021
DEMISSIONS, NOMINATIONS
PDF
Mandates19/07/2021
DEMISSIONS, NOMINATIONS
PDF
Capital / shares03/06/2021
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - CAPITAL, ACTIONS
PDF
Mandates18/10/2018
DEMISSIONS, NOMINATIONS
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 202521,9 k €↑
2024
Annual accounts 2024-93,3 k €↓
2022
Annual accounts 2022761,8 k €↑
2021
Annual accounts 2021133,8 k €↓
2020
Annual accounts 2020174,8 k €↓
2019
Annual accounts 2019254 k €↑
2018
Annual accounts 201893,8 k €↓
2017
Annual accounts 2017359 k €↓
2016
Annual accounts 2016369,4 k €↓
2015
Annual accounts 2015615,8 k €↑
2014
Annual accounts 2014148,1 k €↑
2013
Annual accounts 2013-9,5 k €↓
2012
Annual accounts 2012318,4 k €↑
2011
Annual accounts 201150,6 k €↓
2010
Annual accounts 2010158,9 k €↓
2009
Annual accounts 2009266,7 k €↑
2008
Annual accounts 2008-63,2 k €↑
2007
Annual accounts 2007-311,9 k €↓
2006
Annual accounts 2006-204,9 k €
19/04/1999
IncorporationPublic limited company

BULGARI BELGIUM

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