ACTIVE

BUBALE

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Financial year 2025 · closed on 31/12/2025

Net result

555,6 k €

+107.3% YoY

Gross margin

-27 k €

-475.6% YoY

Equity

5,3 M €

+11.7% YoY

What does BUBALE do?

BUBALE is a Private company with limited liability incorporated in 2013. Its registered office is in Uccle.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0526.998.723

Incorporation

22/04/2013

Legal form

Private company with limited liability

Registered office

Rue Lincoln 64
1180 Uccle · BruxellesSee on map

Contributed capital

4 311 400,00 €

Latest accounts

31/12/2025

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflow

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✦ Verdict · Analyst summary

Financials

Trend over 13 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013
Income statement
Gross margin	-27 k €	-476%	-4,7 k €	-196%	4,9 k €	+115%	2,3 k €	+113%	-17,8 k €	-831%	-1,9 k €	+96.5%	-55,2 k €	-230%	-16,7 k €	+60.0%	-41,8 k €	-272%	-11,2 k €	+20.8%	-14,2 k €	+5.2%	-15 k €	+55.2%	-33,4 k €
EBITDA	-177,4 k €	-3532%	-4,9 k €	-308%	2,3 k €	+18841%	-12,5 €	+99.9%	-20 k €	-412%	-3,9 k €	+96.7%	-118,8 k €	-569%	-17,8 k €	+58.6%	-42,9 k €	-251%	-12,2 k €	+19.5%	-15,2 k €	+1.7%	-15,4 k €	+54.3%	-33,8 k €
Operating result	-183,4 k €	-995%	-16,7 k €	-76.0%	-9,5 k €	+19.9%	-11,9 k €	+62.8%	-31,9 k €	-129%	-14 k €	+88.3%	-118,8 k €	-569%	-17,8 k €	+58.6%	-42,9 k €	-251%	-12,2 k €	+19.5%	-15,2 k €	+1.7%	-15,4 k €	+60.2%	-38,8 k €
Net result	555,6 k €	+107%	268 k €	+116%	-1,7 M €	+45.3%	-3,1 M €	-462%	864,7 k €	+42.6%	606,5 k €	-73.1%	2,3 M €	+8397%	-27,2 k €	-102%	1,5 M €	+1718%	81,9 k €	+124%	-336,7 k €	-641%	62,2 k €	+19194%	322,6 €
Balance sheet
Equity	5,3 M €	+11.7%	4,7 M €	+6.0%	4,5 M €	-27.7%	6,2 M €	-33.7%	9,3 M €	+10.2%	8,4 M €	+7.7%	7,8 M €	+40.5%	5,6 M €	-0.5%	5,6 M €	+36.1%	4,1 M €	+2.0%	4 M €	-7.7%	4,4 M €	+1.4%	4,3 M €
Total assets	6,3 M €	-3.7%	6,6 M €	-26.5%	8,9 M €	-21.9%	11,4 M €	-24.1%	15,1 M €	+7.8%	14 M €	-10.9%	15,7 M €	+0.7%	15,6 M €	+14.0%	13,7 M €	+16.9%	11,7 M €	+4.7%	11,2 M €	+104%	5,5 M €	+21.7%	4,5 M €
Cash	1,6 M €	+235%	473,8 k €	-34.2%	720,3 k €	+4.6%	688,5 k €	-37.2%	1,1 M €	-45.2%	2 M €	-44.3%	3,6 M €	+264%	987,7 k €	-73.5%	3,7 M €	+12902%	28,7 k €	-72.1%	103 k €	+3.2%	99,9 k €	+164%	37,9 k €
Debts	1 M €	-43.9%	1,8 M €	-59.2%	4,4 M €	-14.8%	5,2 M €	-8.8%	5,7 M €	+4.2%	5,5 M €	-28.7%	7,7 M €	-22.8%	10 M €	+25.3%	8 M €	+5.4%	7,6 M €	+6.2%	7,1 M €	+551%	1,1 M €	+511%	178,9 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 2 ended

Active mandates

Louis Bizouard de Montille

Director · since 01 septembre 2022

Active

Ludovic Bizouard de Montille

Director · since 22 avril 2013

Active

Renaud De kepper

Director

Active

Ended mandates

Renaud De kepper

Director · since 11 janvier 2019

Ended

Ludovic Bizouard de Montille

Manager · since 22 avril 2013

Ended

At this address

Other companies at this address

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Association Des Copropriétaires à Uccle, Rue Lincoln 64● Active	0824.092.105
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IRIS BELGIUM● Active	0540.792.024
KORE PARIS● Active	1009.458.016
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Pangolin● Active	0637.859.627
Tétracère● Active	0637.872.295
WOLKO● Active	1015.436.679

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	22/06/2026	02/08/2025	13/08/2024	03/10/2023	01/08/2022	24/08/2021
General meeting	15/05/2026	15/05/2025	15/05/2024	15/05/2023	16/05/2022	15/05/2021
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

13 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	15/05/2026	22/06/2026	French	PDF
Micro model	31/12/2024	15/05/2025	02/08/2025	French	PDF
Micro model	31/12/2023	15/05/2024	13/08/2024	French	PDF
Micro model	31/12/2022	15/05/2023	03/10/2023	French	PDF
Micro model	31/12/2021	16/05/2022	01/08/2022	French	PDF
Micro model	31/12/2020	15/05/2021	24/08/2021	French	PDF
Micro model	31/12/2019	15/05/2020	15/10/2020	French	PDF
Micro model	31/12/2018	15/05/2019	29/07/2019	French	PDF
Micro model	31/12/2017	15/05/2018	26/06/2018	French	PDF
Micro model	31/12/2016	15/05/2017	14/07/2017	French	PDF
Abridged model	31/12/2015	17/05/2016	02/06/2016	French	PDF
Abridged model	31/12/2014	15/05/2015	31/07/2015	French	PDF
Abridged model	31/12/2013	15/05/2014	05/06/2014	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 · 3 active · 2 ended

Active mandates

Louis Bizouard de Montille

Director · since 01 septembre 2022

Active

Ludovic Bizouard de Montille

Director · since 22 avril 2013

Active

Renaud De kepper

Director

Active

Ended mandates

Renaud De kepper

Director · since 11 janvier 2019

Ended

Ludovic Bizouard de Montille

Manager · since 22 avril 2013

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates28/10/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates14/05/2020
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS - MODIFICATION FORME JURIDIQUE
PDF
Capital / shares12/08/2013
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Other06/05/2013
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
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 2025555,6 k €↑
2024
Annual accounts 2024268 k €↑
2023
Annual accounts 2023-1,7 M €↑
2022
Annual accounts 2022-3,1 M €↓
2021
Annual accounts 2021864,7 k €↑
2020
Annual accounts 2020606,5 k €↓
2019
Annual accounts 20192,3 M €↑
2018
Annual accounts 2018-27,2 k €↓
2017
Annual accounts 20171,5 M €↑
2016
Annual accounts 201681,9 k €↑
2015
Annual accounts 2015-336,7 k €↓
2014
Annual accounts 201462,2 k €↑
2013
Annual accounts 2013322,6 €
22/04/2013
IncorporationPrivate company with limited liability

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

BUBALE

Overview

What does BUBALE do?

Trend over 13 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