NORMAL SITUATION

BRASSAM

Financial year 2023 · closed on 31/12/2023
Net result
-153,4 k €
-68.6% YoY
Gross margin
391,9 k €
-8.5% YoY
Equity
4,4 M €
-3.3% YoY

Company — Normal situation.

What does BRASSAM do?

BRASSAM is a company registered in Belgium.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0471.700.607
Legal form
Public limited company
Contributed capital
5 172 825,00 €
Latest accounts
31/12/2023
Signals
Solid equityGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin391,9 k €428,2 k €482,9 k €336,3 k €369 k €372,8 k €314,7 k €329,3 k €372,6 k €377,3 k €530,9 k €1,2 M €493,3 k €473,1 k €122,4 k €12,5 k €69,4 k €74,5 k €
EBITDA329,4 k €368,9 k €411,2 k €237,2 k €308,6 k €303,4 k €246 k €254,8 k €304,3 k €311,1 k €465,2 k €1,1 M €389,1 k €472,1 k €109,5 k €-121,9 k €-21,7 k €64 k €
Operating result-108,3 k €-64 k €-150,4 k €-199,6 k €-123,5 k €-119,2 k €-178,9 k €-169,7 k €-119,8 k €-113,1 k €-28,5 k €693,9 k €-104,2 k €-21,1 k €-449,2 k €-505,7 k €-271,2 k €-174,4 k €
Net result-153,4 k €-91 k €-164,3 k €-214,9 k €-140,4 k €-137,8 k €-194,6 k €-195,4 k €48,7 k €-158 k €-83,3 k €526,1 k €-309,9 k €-336,4 k €-822,1 k €-750 k €-459 k €-327,6 k €
Balance sheet
Equity4,4 M €4,6 M €4,7 M €4,8 M €5,1 M €5,2 M €5,3 M €5,5 M €5,7 M €5,7 M €5,8 M €5,9 M €5,6 M €5,9 M €3,9 M €36,8 k €786,8 k €1,2 M €
Total assets7,8 M €8,1 M €6,7 M €7,2 M €7,6 M €8 M €8,4 M €8,8 M €9,3 M €9,7 M €10,1 M €10,4 M €12,5 M €15,2 M €13,6 M €8,7 M €5,4 M €5 M €
Cash56,7 k €256,7 k €45 k €65,1 k €88,8 k €77,5 k €71,4 k €76,8 k €123,2 k €83,7 k €82,5 k €189,7 k €1,4 k €2,3 M €24,5 k €5,8 k €118 k €992 €
Debts3,3 M €3,5 M €2 M €2,4 M €2,6 M €2,8 M €3 M €3,3 M €3,6 M €3,8 M €4 M €4,3 M €6,6 M €8,9 M €9,4 M €8,4 M €4,5 M €3,7 M €
Other
Workforce1,0 ETP1,0 ETP1,0 ETP1,0 ETP0,2 ETP0,2 ETP0,2 ETP
Governance

Board of directors

Seen on filing of 31/12/2023 · 2 active · 34 ended

Active mandates

CST MANAGEMENT

Director · since 31 août 2022 · until 31 août 2028 · 0733.796.981

Represented by CHRISTIAN STENUIT

Active
E - MAPROD

Director · since 31 août 2022 · until 31 août 2028 · 0475.285.350

Represented by STEPHANE BENAYM

Active

Ended mandates

CST MANAGEMENT

Director · since 31 août 2022 · 0733.796.981

Represented by CHRISTIAN STENUIT

Ended
E - MAPROD

Director · since 31 août 2022 · 0475.285.350

Represented by STEPHANE BENAYM

Ended
Charles VAXELAIRE

Director · since 30 août 2021 · until 30 août 2027

Ended
CHARLES VAXELAIRE

Director · since 30 août 2021 · until 31 août 2022

Ended
Annual accounts

Full financial information

202320222021202020192018
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202301/01/202201/10/202001/10/201901/10/201801/10/2017
Closing of the financial year31/12/202331/12/202231/12/202130/09/202030/09/201930/09/2018
Length of the financial year12 months12 months15 months12 months12 months12 months
Filing date01/07/202429/08/202328/03/202222/03/202101/04/202014/03/2019
General meeting28/06/202414/08/202307/03/202218/03/202119/03/202013/03/2019
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

23 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202328/06/202401/07/2024FrenchPDF
Abridged model31/12/202214/08/202329/08/2023FrenchPDF
Abridged model31/12/202107/03/202228/03/2022FrenchPDF
Abridged model30/09/202018/03/202122/03/2021FrenchPDF
Abridged model30/09/201919/03/202001/04/2020FrenchPDF
Abridged model30/09/201813/03/201914/03/2019FrenchPDF
Abridged model30/09/201713/03/201814/03/2018FrenchPDF
Abridged model30/09/201621/03/201721/03/2017FrenchPDF
Abridged model30/09/201530/03/201627/04/2016FrenchPDF
Abridged model30/09/201420/03/201530/03/2015FrenchPDF
Abridged model30/09/201321/03/201429/04/2014FrenchPDF
Abridged model30/09/201215/03/201330/04/2013FrenchPDF
Abridged model30/09/201115/03/201209/05/2012FrenchPDF
Abridged model30/09/201017/03/201129/04/2011FrenchPDF
Abridged model30/09/200912/05/201028/05/2010FrenchPDF
Abridged model30/09/200804/03/200928/04/2009FrenchPDF
Abridged model30/09/200704/03/200823/04/2008FrenchPDF
Abridged model30/09/200615/03/200725/05/2007FrenchPDF
Abridged model30/09/200516/03/200628/04/2006FrenchPDF
Abridged model30/09/200417/03/200507/04/2005FrenchPDF
Abridged model30/09/200318/03/200401/04/2004FrenchPDF
Abridged model30/09/200220/03/200309/04/2003FrenchPDF
Abridged model30/09/200121/03/200209/04/2003FrenchPDF
Estimate

Indicative valuation

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 31/12/2023 · 2 active · 34 ended

Active mandates

CST MANAGEMENT

Director · since 31 août 2022 · until 31 août 2028 · 0733.796.981

Represented by CHRISTIAN STENUIT

Active
E - MAPROD

Director · since 31 août 2022 · until 31 août 2028 · 0475.285.350

Represented by STEPHANE BENAYM

Active

Ended mandates

CST MANAGEMENT

Director · since 31 août 2022 · 0733.796.981

Represented by CHRISTIAN STENUIT

Ended
E - MAPROD

Director · since 31 août 2022 · 0475.285.350

Represented by STEPHANE BENAYM

Ended
Charles VAXELAIRE

Director · since 30 août 2021 · until 30 août 2027

Ended
CHARLES VAXELAIRE

Director · since 30 août 2021 · until 31 août 2022

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Dissolution02/01/2025
    RUBRIQUE FIN (CESSATION, ANNULATION CESSATION, NULLITE, CONC, REORGANISATION JUDICIAIRE, ETC...) - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Restructuring04/07/2024
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...) - DIVERS
    PDF
  • Mandates12/09/2022
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates01/09/2021
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE - ANNEE COMPTABLE
    PDF
  • Mandates08/04/2019
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Registered office02/09/2015
    SIEGE SOCIAL
    PDF
  • Mandates16/09/2014
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office26/09/2013
    SIEGE SOCIAL
    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

Timeline

  1. 2023
    Annual accounts 2023-153,4 k €
  2. 2022
    Annual accounts 2022-91 k €
  3. 2021
    Annual accounts 2021-164,3 k €
  4. 2020
    Annual accounts 2020-214,9 k €
  5. 2019
    Annual accounts 2019-140,4 k €
  6. 2018
    Annual accounts 2018-137,8 k €
  7. 2017
    Annual accounts 2017-194,6 k €
  8. 2016
    Annual accounts 2016-195,4 k €
  9. 2015
    Annual accounts 201548,7 k €
  10. 2014
    Annual accounts 2014-158 k €
  11. 2013
    Annual accounts 2013-83,3 k €
  12. 2012
    Annual accounts 2012526,1 k €
  13. 2011
    Annual accounts 2011-309,9 k €
  14. 2010
    Annual accounts 2010-336,4 k €
  15. 2009
    Annual accounts 2009-822,1 k €
  16. 2008
    Annual accounts 2008-750 k €
  17. 2007
    Annual accounts 2007-459 k €
  18. 2006
    Annual accounts 2006-327,6 k €