ACTIVE

B.F.S

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Financial year 2025 · closed on 31/12/2025
Net result
18,6 k €
+143.2% YoY
Revenue
12,1 M €
+1.4% YoY
Equity
2,5 M €
-13.4% YoY
Workforce
56,5 ETP
-17.4% YoY

What does B.F.S do?

B.F.S is a Public limited company incorporated in 2014. Its main activity is: Accounting, bookkeeping and auditing activities; tax consultancy. Its registered office is in Woluwe-Saint-Pierre. It employs on average 56,5 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0553.557.521
Incorporation
03/06/2014
Legal form
Public limited company
Registered office
Avenue de Tervueren 402
1150 Woluwe-Saint-Pierre · BruxellesSee on map
Contributed capital
1 063 600,00 €
Latest accounts
31/12/2025
Average workforce
56,5 ETP
Activities (NACE)
69201Accounting, bookkeeping and auditing activities; tax consultancy· main69201Accounting, bookkeeping and auditing activities; tax consultancy70200Management consultancy activities70220Business and other management consultancy activities69201Accounting, bookkeeping and auditing activities; tax consultancy69201Accounting, bookkeeping and auditing activities; tax consultancy
Joint committees (1)
  • 336
Contacts
1 public detail availableLog in to view
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue
View the BCE/KBO Public Search record →
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 11 financial years

20252024202320222021202020192018201720162015
Income statement
Revenue12,1 M €11,9 M €10,2 M €––––––––
EBITDA1,5 M €1,4 M €1,1 M €1,1 M €1,1 M €1,1 M €979,7 k €678,3 k €409,3 k €375,4 k €293,8 k €
Operating result346,1 k €315 k €230,1 k €209,4 k €294,7 k €241,4 k €103,9 k €96,4 k €101,4 k €119,9 k €178,2 k €
Net result18,6 k €7,7 k €29,9 k €55,7 k €154 k €105,6 k €2,7 k €10,9 k €8,4 k €1,5 k €12,8 k €
Balance sheet
Equity2,5 M €2,9 M €3,9 M €4,6 M €1,8 M €1,3 M €1,3 M €1 M €1 M €1 M €1 M €
Total assets10,6 M €10,4 M €10,8 M €11,1 M €8,7 M €8,5 M €8,7 M €6,3 M €4,6 M €4,2 M €4,1 M €
Cash78 k €17,2 k €7,5 k €25,1 k €20,8 k €34,7 k €12,8 k €40,1 k €57,7 k €81,5 k €17,5 k €
Debts8 M €7,5 M €6,9 M €6,4 M €6,9 M €7,2 M €7,5 M €5,3 M €3,6 M €3,2 M €3,1 M €
Other
Workforce56,5 ETP68,4 ETP65,9 ETP57,6 ETP52,5 ETP48,3 ETP38,3 ETP19,9 ETP19,9 ETP19,9 ETP15,1 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 6 ended

Active mandates

VINCENT BERCHEM

Director · since 17 avril 2025 · until 16 avril 2031 · 0461.449.883

Represented by Vincent BERCHEM

Active

Ended mandates

VINCENT BERCHEM

Director · since 15 novembre 2019 · until 03 juin 2025 · 0461.449.883

Represented by Vincent BERCHEM

Ended
VINCENT BERCHEM

Director · since 01 décembre 2015 · until 04 juin 2019

Ended
ROBERT FONSNY

Managing director · since 28 mai 2014 · until 01 décembre 2015

Ended
VINCENT BERCHEM

Managing director · since 28 mai 2014 · until 04 juin 2019 · 0461.449.883

Represented by VINCENT BERCHEM

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date31/08/202630/08/202530/09/202431/08/202331/08/202231/08/2021
General meeting25/08/202629/08/202531/08/202406/06/202307/06/202201/06/2021
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

13 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202525/08/202631/08/2026FrenchPDF
Full model31/12/202429/08/202530/08/2025FrenchPDF
Full modelCorrection31/12/202331/08/202430/09/2024FrenchPDF
Full model31/12/202331/08/202431/08/2024FrenchPDF
Abridged model31/12/202206/06/202331/08/2023FrenchPDF
Abridged model31/12/202107/06/202231/08/2022FrenchPDF
Abridged model31/12/202001/06/202131/08/2021FrenchPDF
Abridged model31/12/201902/06/202008/09/2020FrenchPDF
Abridged model31/12/201804/06/201930/08/2019FrenchPDF
Abridged model31/12/201705/06/201830/08/2018FrenchPDF
Abridged model31/12/201622/08/201707/09/2017FrenchPDF
Abridged modelCorrection31/12/201507/06/201630/09/2016FrenchPDF
Abridged model31/12/201507/06/201631/08/2016FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 · 6 ended

Active mandates

VINCENT BERCHEM

Director · since 17 avril 2025 · until 16 avril 2031 · 0461.449.883

Represented by Vincent BERCHEM

Active

Ended mandates

VINCENT BERCHEM

Director · since 15 novembre 2019 · until 03 juin 2025 · 0461.449.883

Represented by Vincent BERCHEM

Ended
VINCENT BERCHEM

Director · since 01 décembre 2015 · until 04 juin 2019

Ended
ROBERT FONSNY

Managing director · since 28 mai 2014 · until 01 décembre 2015

Ended
VINCENT BERCHEM

Managing director · since 28 mai 2014 · until 04 juin 2019 · 0461.449.883

Represented by VINCENT BERCHEM

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates18/09/2026
    Renouvellement du mandat du Commissaire aux Comptes
    PDF
  • Restructuring14/07/2026
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Restructuring15/05/2026
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Restructuring06/05/2025
    OBJET - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Restructuring07/02/2025
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Mandates15/07/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Restructuring21/09/2022
    CAPITAL, ACTIONS - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Restructuring20/05/2022
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...) - DIVERS
    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. 2025
    Annual accounts 202518,6 k €↑
  2. 2024
    Annual accounts 20247,7 k €↓
  3. 2023
    Annual accounts 202329,9 k €↓
  4. 2022
    Annual accounts 202255,7 k €↓
  5. 2021
    Annual accounts 2021154 k €↑
  6. 2020
    Annual accounts 2020105,6 k €↑
  7. 2019
    Annual accounts 20192,7 k €↓
  8. 2018
    Annual accounts 201810,9 k €↑
  9. 2017
    Annual accounts 20178,4 k €↑
  10. 2016
    Annual accounts 20161,5 k €↓
  11. 2015
    Annual accounts 201512,8 k €
  12. 03/06/2014
    IncorporationPublic limited company