ACTIVE

B.R.T.

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Financial year 2025 · Closed on 30/09/2025

Net result2,6 M €+49,9 %over 1 year

Revenue32,3 M €-1,8 %over 1 year

Equity21,1 M €+1,9 %over 1 year

Workforce40,6 ETP+4,9 %over 1 year

Identity

Source · BCE/KBO

B.R.T. is a Public limited company incorporated in 2002. Its main activity is: Manufacture of tubes, pipes, hollow profiles and related fittings, of steel. Its registered office is in Maasmechelen. It employs on average 40,6 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0478.068.260
Incorporation: 24/07/2002
Legal form: Public limited company
Registered office: Rijksweg(M) 555
3630 Maasmechelen · FlandreSee on map
Contributed capital: 700 000,00 €
Latest accounts: 30/09/2025
Average workforce: 40,6 ETP

Activities (NACE)

24200Manufacture of tubes, pipes, hollow profiles and related fittings, of steel· main 24200Manufacture of tubes, pipes, hollow profiles and related fittings, of steel 25510Forging, pressing, stamping and roll-forming of metal; powder metallurgy 25610Treatment and coating of metals 27220Manufacture of batteries and accumulators 28510Manufacture of machinery and equipment n.e.c.+3

Joint committees (4)

111
1110
209
2090

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 21 filings

Trend over 18 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	32,3 M €	-1.8%	32,9 M €	+3.2%	31,8 M €	-30.0%	45,5 M €	+18.5%	38,4 M €
EBITDA	4,3 M €	+28.6%	3,4 M €	-20.4%	4,2 M €	-40.2%	7,1 M €	-36.3%	11,1 M €
Operating result	3,7 M €	+75.2%	2,1 M €	+3.4%	2 M €	-66.6%	6,1 M €	-40.8%	10,3 M €
Net result	2,6 M €	+49.9%	1,7 M €	-6.2%	1,8 M €	-61.8%	4,8 M €	-39.6%	8 M €
Balance sheet
Equity	21,1 M €	+1.9%	20,7 M €	-3.8%	21,5 M €	-3.0%	22,2 M €	+17.6%	18,9 M €
Total assets	24 M €	-2.9%	24,7 M €	-5.6%	26,1 M €	-8.8%	28,7 M €	+8.1%	26,5 M €
Cash	618,1 k €	-24.8%	822,2 k €	-22.1%	1,1 M €	-1.6%	1,1 M €	-67.6%	3,3 M €
Debts	2,7 M €	-23.7%	3,6 M €	-20.6%	4,5 M €	-29.7%	6,4 M €	-15.6%	7,6 M €
Other
Workforce	40,6 ETP	+4.9%	38,7 ETP	-1.8%	39,4 ETP	-7.9%	42,8 ETP	+5.9%	40,4 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€

See the valuation

Board of directors

Source · NBB, accounts to 30/09/2025

4 active · 7 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
El Golfo0688.560.141Represented by Talpe Tony	Director05/12/2019 → 05/02/2031
Marc Lemahieu	Director11/07/2002 → 05/02/2031
TELESCO0896.148.356Represented by Talpe Stefaan	Director20/06/2014 → 05/02/2031
Tumbaoo0688.560.240Represented by Talpe Stefan	Director05/12/2019 → 05/02/2031

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
MARIE-THERESE SEGAERT	Director31/03/2015 → 2016 accounts
STEFAAN TALPE	Managing director31/03/2015 → 2016 accounts
MARIE THERESE SEGAERT	Director30/03/2015 → 2015 accounts
IMMOCON0466.352.244Represented by ALEXANDRA MANNAERTS	Director30/03/2009 → 2009 accounts

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	31/03/2026	16/12/2025	18/04/2024	18/04/2024	18/04/2024	24/11/2021
General meeting	04/02/2026	05/02/2025	07/02/2024	01/02/2023	02/02/2022	03/02/2021
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
Full model	30/09/2025	04/02/2026	31/03/2026	Dutch	PDF
Full modelCorrection	30/09/2024	05/02/2025	16/12/2025	Dutch	PDF
Full model	30/09/2024	05/02/2025	16/04/2025	Dutch	PDF
Full model	30/09/2023	07/02/2024	18/04/2024	Dutch	PDF
Full model	30/09/2022	01/02/2023	18/04/2024	Dutch	PDF
Full model	30/09/2021	02/02/2022	18/04/2024	Dutch	PDF
Full model	30/09/2020	03/02/2021	24/11/2021	Dutch	PDF
Full model	30/09/2019	05/02/2020	25/10/2021	Dutch	PDF
Full model	30/09/2018	20/02/2019	25/10/2021	Dutch	PDF
Full model	30/09/2017	20/03/2018	05/07/2021	Dutch	PDF
Full model	30/09/2016	30/03/2017	24/01/2020	Dutch	PDF
Full model	30/09/2015	11/04/2016	12/04/2018	Dutch	PDF
Full model	30/09/2014	31/03/2015	31/03/2015	Dutch	PDF
Full model	30/09/2013	31/03/2014	07/04/2014	Dutch	PDF
Full model	30/09/2012	31/03/2013	30/04/2013	Dutch	PDF
Full model	30/09/2011	29/02/2012	27/03/2012	Dutch	PDF
Full model	30/09/2010	23/02/2011	18/03/2011	Dutch	PDF
Full model	30/09/2009	02/03/2010	30/03/2010	Dutch	PDF
Full modelCorrection	30/09/2008	30/03/2009	02/07/2009	Dutch	PDF
Full model	30/09/2008	30/03/2009	30/04/2009	Dutch	PDF
Full model	31/07/2007	05/12/2007	02/01/2008	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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.

Board of directors

Source · NBB, accounts to 30/09/2025

4 active · 7 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
El Golfo0688.560.141Represented by Talpe Tony	Director05/12/2019 → 05/02/2031
Marc Lemahieu	Director11/07/2002 → 05/02/2031
TELESCO0896.148.356Represented by Talpe Stefaan	Director20/06/2014 → 05/02/2031
Tumbaoo0688.560.240Represented by Talpe Stefan	Director05/12/2019 → 05/02/2031

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
MARIE-THERESE SEGAERT	Director31/03/2015 → 2016 accounts
STEFAAN TALPE	Managing director31/03/2015 → 2016 accounts
MARIE THERESE SEGAERT	Director30/03/2015 → 2015 accounts
IMMOCON0466.352.244Represented by ALEXANDRA MANNAERTS	Director30/03/2009 → 2009 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates10/10/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/10/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/02/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates31/12/2019
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/07/2018
ONTSLAGEN - BENOEMINGEN
PDF
Other25/07/2017
DOEL
PDF
Mandates05/08/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/09/2014
ONTSLAGEN - BENOEMINGEN
PDF

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A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings18 filings

Mandates

El Golfo

Tumbaoo

TELESCO

Marc Lemahieu

MARIE-THERESE SEGAERT

STEFAAN TALPE

MARIE THERESE SEGAERT

LRM Beheer

IMMOCON

LAPAUW GROUP

LUC LEMAHIEU

200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028202920302031

B.R.T.

Rijksweg(M) 555, 3630 Maasmechelen

Director

Managing directorDirector

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Rijksweg(M) 555, 3630 MaasmechelenCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00068349

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
B.R.T.Current	accounts 2021 → 2025	Accounts 2025 · 2026-00068349

Events

2025
Annual accounts 20252,6 M €↑
2024
Annual accounts 20241,7 M €↓
2023
Annual accounts 20231,8 M €↓
2022
Annual accounts 20224,8 M €↓
2021
Annual accounts 20218 M €↑
2020
Annual accounts 20203,8 M €↑
2019
Annual accounts 20191,7 M €↓
2018
Annual accounts 20183,9 M €↓
2017
Annual accounts 20175,2 M €↑
2016
Annual accounts 20162,3 M €↑
2015
Annual accounts 20151,1 M €↑
2014
Annual accounts 2014439,6 k €↑
2013
Annual accounts 2013127 k €↑
2012
Annual accounts 201225,3 k €↓
2011
Annual accounts 2011235,7 k €↓
2010
Annual accounts 2010411,1 k €↑
2009
Annual accounts 2009254,4 k €↓
2007
Annual accounts 2007271,6 k €
24/07/2002
IncorporationPublic limited company

B.R.T.

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events