ACTIVE

BRG GROUP

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Financial year 2025 · closed on 31/12/2025

Net result

-1,1 M €

-202.3% YoY

Revenue

7,4 M €

-27.5% YoY

Equity

1,1 M €

-49.8% YoY

What does BRG GROUP do?

BRG GROUP is a Public limited company incorporated in 2001. Its main activity is: Construction of buildings. Its registered office is in Schaerbeek.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0474.210.333

Incorporation

01/03/2001

Legal form

Public limited company

Registered office

Rue de la Consolation 12-14
1030 Schaerbeek · BruxellesSee on map

Contributed capital

61 973,00 €

Latest accounts

31/12/2025

Activities (NACE)

41002Construction of buildings· main 41202Construction of residential and non-residential buildings 74700Other professional, scientific and technical activities 81220Other building and industrial cleaning activities 81220Other building and industrial cleaning activities

Joint committees (4)

Signals

Solid equityLow riskGood liquidityHealthy 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		2007		2006
Income statement
Revenue	7,4 M €	-27.5%	10,2 M €	+14.7%	8,9 M €	+22.3%	7,3 M €	+40.5%	5,2 M €	+34.3%	3,8 M €	-0.4%	3,9 M €		–		–		2,9 M €	+26.3%	2,3 M €	+14.2%	2 M €	-30.4%	2,9 M €	+15.8%	2,5 M €	-3.4%	2,6 M €	+3.1%	2,5 M €	+27.8%	1,9 M €		–		–
EBITDA	-927,6 k €	-181%	1,2 M €	+63.3%	704 k €	+85.4%	379,6 k €	+109%	181,3 k €	-43.1%	318,4 k €	+222%	98,8 k €	+113%	46,3 k €	-66.4%	137,8 k €	+1.3%	136 k €	-54.5%	299 k €	+50.7%	198,4 k €	-64.9%	565,5 k €	+62.1%	348,8 k €	+103%	171,5 k €	+135%	72,9 k €	-10.5%	81,5 k €	+244%	23,7 k €	-62.0%	62,3 k €
Operating result	-702,4 k €	-158%	1,2 M €	+132%	518,9 k €	+76.8%	293,4 k €	+66.3%	176,4 k €	-40.5%	296,4 k €	+207%	96,5 k €	+46.1%	66,1 k €	-40.1%	110,3 k €	-5.2%	116,3 k €	-20.0%	145,4 k €	+36.3%	106,7 k €	-73.6%	404 k €	+44.0%	280,5 k €	+139%	117,1 k €	+127%	51,5 k €	-14.9%	60,5 k €	+515%	9,8 k €	-80.8%	51,2 k €
Net result	-1,1 M €	-202%	1,1 M €	+51143%	2,1 k €	-99.0%	210,5 k €	+165%	79,6 k €	-65.2%	228,8 k €	+1082%	19,4 k €	+40.2%	13,8 k €	-67.8%	42,9 k €	+25.3%	34,3 k €	-62.6%	91,7 k €	+9.0%	84,2 k €	+239%	-60,4 k €	-137%	162,2 k €	+224%	50,1 k €	+109%	23,9 k €	-44.3%	43 k €	+602%	-8,6 k €	-130%	28,2 k €
Balance sheet
Equity	1,1 M €	-49.8%	2,2 M €	+94.8%	1,1 M €	+0.2%	1,1 M €	+23.5%	897,3 k €	+9.7%	817,8 k €	+38.8%	589 k €	+3.4%	569,6 k €	+2.5%	555,8 k €	+8.4%	512,9 k €	+7.2%	478,6 k €	+23.7%	386,9 k €	+27.8%	302,7 k €	-16.6%	363,1 k €	+80.8%	200,9 k €	+33.2%	150,8 k €	+18.9%	126,9 k €	+31.4%	96,5 k €	-8.1%	105,1 k €
Total assets	3,1 M €	-39.5%	5,1 M €	+80.9%	2,8 M €	-8.0%	3,1 M €	+41.0%	2,2 M €	+42.6%	1,5 M €	-29.7%	2,2 M €	+16.4%	1,9 M €	+62.6%	1,2 M €	-28.2%	1,6 M €	+78.0%	903,1 k €	-20.4%	1,1 M €	-17.2%	1,4 M €	+29.2%	1,1 M €	+46.2%	725,4 k €	-2.1%	741,1 k €	+52.1%	487,2 k €	+40.7%	346,2 k €	+11.1%	311,7 k €
Cash	364,2 k €	-66.2%	1,1 M €	+43.6%	750,8 k €	+332%	173,9 k €	+5556%	3,1 k €	-95.8%	72,6 k €	+104%	35,6 k €	-11.8%	40,4 k €	-43.1%	71 k €	+134%	30,4 k €	-5.7%	32,2 k €		–		19,6 k €	-87.3%	154,6 k €	+127%	68,1 k €	-55.6%	153,4 k €	+205%	50,2 k €	+171%	18,6 k €	+806%	2 k €
Debts	2 M €	-23.0%	2,6 M €	+66.1%	1,6 M €	-18.1%	1,9 M €	+49.4%	1,3 M €	+80.2%	716,1 k €	-55.1%	1,6 M €	+22.1%	1,3 M €	+118%	597,8 k €	-41.3%	1 M €	+140%	424,5 k €	-43.3%	748 k €	-30.0%	1,1 M €	+53.1%	697,4 k €	+32.9%	524,6 k €	-11.1%	590,3 k €	+63.8%	360,4 k €	+44.5%	249,3 k €	+20.7%	206,6 k €
Other
Workforce	–		19,4 ETP	0.0%	19,4 ETP	+26.8%	15,3 ETP	0.0%	15,3 ETP	+50.0%	10,2 ETP	-16.4%	12,2 ETP	+23.2%	9,9 ETP	+50.0%	6,6 ETP	-14.3%	7,7 ETP	-26.0%	10,4 ETP	-8.8%	11,4 ETP	-8.1%	12,4 ETP	-7.5%	13,4 ETP	+12.6%	11,9 ETP	+32.2%	9,0 ETP	+23.3%	7,3 ETP	+25.9%	5,8 ETP	+52.6%	3,8 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 9 ended

Active mandates

AHMET BOSTAN

Mandate

Active

HASAN BOSTAN

Mandate

Active

ORHAN OSMAN SALIM

Mandate

Active

Ended mandates

Hasan Bostan

Director · since 01 avril 2019

Ended

Hasan Bostan

Managing director · since 01 avril 2019

Ended

Orhan Osman SALIM

Director · since 31 mai 2015

Ended

ORHAN Osman SALIM

Director · since 31 mai 2015 · until 31 mai 2021

Ended

At this address

Other companies at this address

Company	CBE no.
BRUXIMMOB● Liquidation	0419.511.934
MANAGEMENT - OMNIUM - MAINTENANCE - SECURITY● Active	0435.953.038

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	17/07/2026	06/08/2025	19/09/2024	23/10/2023	14/10/2022	13/10/2021
General meeting	05/06/2026	23/06/2025	03/06/2024	06/06/2023	06/06/2022	07/06/2021
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
Abridged model	31/12/2025	05/06/2026	17/07/2026	French	PDF
Abridged model	31/12/2024	23/06/2025	06/08/2025	French	PDF
Abridged model	31/12/2023	03/06/2024	19/09/2024	French	PDF
Abridged model	31/12/2022	06/06/2023	23/10/2023	French	PDF
Abridged model	31/12/2021	06/06/2022	14/10/2022	French	PDF
Abridged model	31/12/2020	07/06/2021	13/10/2021	French	PDF
Abridged model	31/12/2019	01/06/2020	30/09/2020	French	PDF
Abridged model	31/12/2018	03/06/2019	09/10/2019	French	PDF
Abridged model	31/12/2017	07/06/2018	25/10/2018	French	PDF
Abridged model	31/12/2016	07/06/2017	26/09/2017	French	PDF
Abridged model	31/12/2015	07/06/2016	27/09/2016	French	PDF
Abridged model	31/12/2014	07/06/2015	09/10/2015	French	PDF
Abridged model	31/12/2013	07/06/2014	04/11/2014	French	PDF
Abridged model	31/12/2012	07/06/2013	02/12/2013	French	PDF
Abridged model	31/12/2011	07/06/2012	28/11/2012	French	PDF
Abridged model	31/12/2010	07/06/2011	07/03/2012	French	PDF
Abridged model	31/12/2009	07/06/2010	21/02/2011	French	PDF
Abridged model	31/12/2008	07/06/2009	30/12/2009	French	PDF
Abridged model	31/12/2007	07/06/2008	26/08/2008	French	PDF
Abridged model	31/12/2006	07/06/2007	28/09/2007	French	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 9 ended

Active mandates

AHMET BOSTAN

Mandate

Active

HASAN BOSTAN

Mandate

Active

ORHAN OSMAN SALIM

Mandate

Active

Ended mandates

Hasan Bostan

Director · since 01 avril 2019

Ended

Hasan Bostan

Managing director · since 01 avril 2019

Ended

Orhan Osman SALIM

Director · since 31 mai 2015

Ended

ORHAN Osman SALIM

Director · since 31 mai 2015 · until 31 mai 2021

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates07/09/2026
DEMISSION & NOMINATION
PDF
Mandates17/12/2025
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Capital / shares11/12/2025
CAPITAL, ACTIONS
PDF
Mandates26/09/2024
DEMISSIONS, NOMINATIONS
PDF
Capital / shares21/02/2023
CAPITAL, ACTIONS
PDF
Mandates20/08/2020
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Capital / shares25/06/2020
CAPITAL, ACTIONS
PDF
Capital / shares02/12/2019
CAPITAL, ACTIONS
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 2025-1,1 M €↓
2024
Annual accounts 20241,1 M €↑
2023
Annual accounts 20232,1 k €↓
2022
Annual accounts 2022210,5 k €↑
2021
Annual accounts 202179,6 k €↓
2020
Annual accounts 2020228,8 k €↑
2019
Annual accounts 201919,4 k €↑
2018
Annual accounts 201813,8 k €↓
2017
Annual accounts 201742,9 k €↑
2016
Annual accounts 201634,3 k €↓
2015
Annual accounts 201591,7 k €↑
2014
Annual accounts 201484,2 k €↑
2013
Annual accounts 2013-60,4 k €↓
2012
Annual accounts 2012162,2 k €↑
2011
Annual accounts 201150,1 k €↑
2010
Annual accounts 201023,9 k €↓
2009
Annual accounts 200943 k €↑
2007
Annual accounts 2007-8,6 k €↓
2006
Annual accounts 200628,2 k €
01/03/2001
IncorporationPublic 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

BRG GROUP

Overview

What does BRG GROUP do?

Trend over 19 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