ACTIVE

BERTHOLET PUBLISHING

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Financial year 2025 · closed on 31/12/2025

Net result

-53,2 k €

-414.5% YoY

Gross margin

118,9 k €

-31.9% YoY

Equity

553,2 k €

-8.8% YoY

What does BERTHOLET PUBLISHING do?

BERTHOLET PUBLISHING is a Private limited company incorporated in 2001. Its main activity is: Publishing of newspapers. Its registered office is in Braine-l'Alleud.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0474.566.164

Incorporation

10/04/2001

Legal form

Private limited company

Registered office

Grand-Place Baudouin 1er 20 box 2
1420 Braine-l'Alleud · WallonieSee on map

Contributed capital

20 460,00 €

Latest accounts

31/12/2025

Activities (NACE)

58130Publishing of newspapers· main 58140Publishing of journals and periodicals 63120Web portals 63910News agency activities 73110Advertising agencies 73110Advertising agencies+4

Joint committees (1)

Signals

Solid equityLow riskGood liquidityHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	118,9 k €	-31.9%	174,7 k €	-42.7%	304,7 k €	+4.9%	290,4 k €	-49.8%	578,3 k €	+4.3%	554,3 k €	+1.3%	547 k €	-9.2%	602,1 k €	+7.8%	558,4 k €	+33.3%	419 k €	-3.1%	432,4 k €	+52.1%	284,3 k €	+4.8%	271,3 k €	-27.7%	375,2 k €	+34.9%	278,1 k €	+24.0%	224,2 k €	+31.6%	170,4 k €	+385%	35,1 k €	+106%	17 k €	+101%	8,5 k €
EBITDA	-51,5 k €	-649%	-6,9 k €	-105%	129,5 k €	+26.4%	102,5 k €	-71.3%	357,7 k €	+3.7%	344,9 k €	+1.5%	339,9 k €	-21.3%	431,8 k €	+6.0%	407,6 k €	+39.1%	292,9 k €	-19.3%	362,9 k €	+59.8%	227,1 k €	+10.3%	206 k €	-42.4%	357,7 k €	+29.0%	277,2 k €	+23.8%	223,8 k €	+31.4%	170,4 k €	+385%	35,1 k €	+106%	17 k €	+101%	8,5 k €
Operating result	-52,7 k €	-557%	-8 k €	-107%	121,8 k €	+29.8%	93,9 k €	-72.8%	345,6 k €	+3.7%	333,3 k €	+2.3%	326 k €	-22.6%	421,1 k €	+6.6%	395 k €	+41.3%	279,6 k €	-19.7%	348,2 k €	+58.2%	220,1 k €	+15.0%	191,3 k €	-44.4%	344,1 k €	+28.9%	266,9 k €	+20.8%	221,1 k €	+32.1%	167,3 k €	+382%	34,7 k €	+111%	16,5 k €	+112%	7,8 k €
Net result	-53,2 k €	-415%	-10,3 k €	-112%	83,3 k €	+28.3%	64,9 k €	-74.1%	250,1 k €	+1.7%	245,9 k €	+10.5%	222,5 k €	-21.4%	283,2 k €	+10.4%	256,6 k €	+55.0%	165,6 k €	-27.2%	227,5 k €	+40.8%	161,5 k €	+31.3%	123,1 k €	-45.2%	224,5 k €	+28.9%	174,1 k €	+19.5%	145,7 k €	+35.1%	107,8 k €	+381%	22,4 k €	+113%	10,5 k €	+111%	5 k €
Balance sheet
Equity	553,2 k €	-8.8%	606,4 k €	-1.7%	616,8 k €	+15.6%	533,5 k €	-5.3%	563,1 k €	+20.3%	468,1 k €	+13.2%	413,6 k €	+38.7%	298,3 k €	+26.6%	235,5 k €	-0.2%	236 k €	+235%	70,5 k €	0.0%	70,5 k €	+163%	26,8 k €	+12.8%	23,8 k €	+118%	10,9 k €	+11.0%	9,8 k €	+20.3%	8,2 k €	0.0%	8,2 k €	+3.6%	7,9 k €	+8.5%	7,3 k €
Total assets	620,2 k €	-1.5%	629,5 k €	-5.5%	666,1 k €	-4.5%	697,5 k €	-9.0%	766,6 k €	+7.4%	714,1 k €	+17.4%	608,2 k €	+8.8%	559 k €	-11.0%	627,9 k €	+11.6%	562,9 k €	+50.6%	373,9 k €	+58.1%	236,4 k €	-14.1%	275,2 k €	-10.6%	308 k €	+19.1%	258,5 k €	+42.5%	181,4 k €	+13.6%	159,8 k €	+271%	43 k €	+63.4%	26,3 k €	+55.5%	16,9 k €
Cash	538,9 k €	-3.5%	558,2 k €	-3.5%	578,2 k €	-1.3%	585,6 k €	-12.5%	669,2 k €	+8.3%	617,7 k €	+57.2%	392,9 k €	+58.0%	248,7 k €	-41.6%	425,9 k €	+132%	183,9 k €	+78.0%	103,3 k €	+118%	47,3 k €	+225%	14,5 k €	-74.3%	56,6 k €	-51.0%	115,6 k €	+98.5%	58,2 k €	+27.2%	45,8 k €	+70.6%	26,9 k €	+340%	6,1 k €	-3.0%	6,3 k €
Debts	67 k €	+190%	23,1 k €	-53.3%	49,4 k €	-69.9%	164 k €	-19.4%	203,5 k €	-17.3%	246 k €	+26.4%	194,6 k €	-25.4%	260,7 k €	-33.6%	392,4 k €	+20.0%	326,9 k €	+8.7%	300,6 k €	+84.4%	163 k €	-34.4%	248,4 k €	-12.5%	283,9 k €	+14.8%	247,4 k €	+44.2%	171,5 k €	+13.1%	151,6 k €	+335%	34,9 k €	+88.9%	18,5 k €	+90.7%	9,7 k €
Other
Workforce	–		–		–		–		4,5 ETP	+21.6%	3,7 ETP	-9.8%	4,1 ETP		–		–		–		2,0 ETP	+17.6%	1,7 ETP	-29.2%	2,4 ETP		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

Benoit Bertholet

Mandate

Active

Ended mandates

Benoit Bertholet

Director

Ended

Benoît Bertholet

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
L'Arbre des Refuges● Active	0765.966.735

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro 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	17/08/2026	31/07/2025	28/06/2024	02/06/2023	21/06/2022	27/08/2021
General meeting	31/05/2026	31/05/2025	31/05/2024	26/05/2023	27/05/2022	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

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	31/05/2026	17/08/2026	French	PDF
Micro model	31/12/2024	31/05/2025	31/07/2025	French	PDF
Micro model	31/12/2023	31/05/2024	28/06/2024	French	PDF
Micro model	31/12/2022	26/05/2023	02/06/2023	French	PDF
Abridged model	31/12/2021	27/05/2022	21/06/2022	French	PDF
Abridged model	31/12/2020	28/05/2021	27/08/2021	French	PDF
Abridged model	31/12/2019	21/09/2020	24/09/2020	French	PDF
Abridged model	31/12/2018	31/05/2019	23/08/2019	French	PDF
Micro model	31/12/2017	25/05/2018	01/08/2018	French	PDF
Micro model	31/12/2016	26/05/2017	25/07/2017	French	PDF
Abridged model	31/12/2015	27/05/2016	31/08/2016	French	PDF
Abridged model	31/12/2014	29/05/2015	25/08/2015	French	PDF
Abridged model	31/12/2013	28/08/2014	29/08/2014	French	PDF
Abridged model	31/12/2012	29/05/2013	26/08/2013	French	PDF
Abridged model	31/12/2011	11/06/2012	17/08/2012	French	PDF
Abridged model	31/12/2010	04/05/2011	18/08/2011	French	PDF
Abridged model	31/12/2009	08/02/2010	13/08/2010	French	PDF
Abridged model	31/12/2008	07/05/2009	14/08/2009	French	PDF
Abridged model	31/12/2007	01/04/2008	20/08/2008	French	PDF
Abridged model	31/12/2006	14/06/2007	29/08/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 1 active · 2 ended

Active mandates

Benoit Bertholet

Mandate

Active

Ended mandates

Benoit Bertholet

Director

Ended

Benoît Bertholet

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office29/08/2025
SIEGE SOCIAL
PDF
Mandates11/04/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DIVERS - DEMISSIONS, NOMINATIONS
PDF
Registered office24/03/2021
SIEGE SOCIAL
PDF
Mandates22/05/2013
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Mandates07/01/2013
DENOMINATION - SIEGE SOCIAL - OBJET - DEMISSIONS, NOMINATIONS
PDF
Registered office18/07/2011
SIEGE SOCIAL
PDF
Registered office09/06/2010
SIEGE SOCIAL
PDF
Registered office13/05/2008
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

2025
Annual accounts 2025-53,2 k €↓
2024
Annual accounts 2024-10,3 k €↓
2023
Annual accounts 202383,3 k €↑
2022
Annual accounts 202264,9 k €↓
2021
Annual accounts 2021250,1 k €↑
2020
Annual accounts 2020245,9 k €↑
2019
Annual accounts 2019222,5 k €↓
2018
Annual accounts 2018283,2 k €↑
2017
Annual accounts 2017256,6 k €↑
2016
Annual accounts 2016165,6 k €↓
2015
Annual accounts 2015227,5 k €↑
2014
Annual accounts 2014161,5 k €↑
2013
Annual accounts 2013123,1 k €↓
2012
Annual accounts 2012224,5 k €↑
2011
Annual accounts 2011174,1 k €↑
2010
Annual accounts 2010145,7 k €↑
2009
Annual accounts 2009107,8 k €↑
2008
Annual accounts 200822,4 k €↑
2007
Annual accounts 200710,5 k €↑
2006
Annual accounts 20065 k €
10/04/2001
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

BERTHOLET PUBLISHING

Overview

What does BERTHOLET PUBLISHING do?

Trend over 20 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