ACTIVE

BRF Management

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Financial year 2025 · closed on 31/12/2025
Net result
-823,4 €
-101.5% YoY
Gross margin
6,4 k €
-90.9% YoY
Equity
213,5 k €
-0.4% YoY

What does BRF Management do?

BRF Management is a Public limited company incorporated in 2021. Its registered office is in Watermael-Boitsfort.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0778.360.167
Incorporation
07/12/2021
Legal form
Public limited company
Registered office
Chaussée de La Hulpe 166 box 25
1170 Watermael-Boitsfort · BruxellesSee on map
Contributed capital
61 500,00 €
Latest accounts
31/12/2025
Signals
Solid equityGood liquidityPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 4 financial years

2025202420232022
Income statement
Gross margin6,4 k €70,3 k €68,5 k €79,2 k €
EBITDA5,4 k €69,3 k €68,5 k €72,7 k €
Operating result5,4 k €69,3 k €68,5 k €68,7 k €
Net result-823,4 €53,6 k €49,9 k €49,4 k €
Balance sheet
Equity213,5 k €214,3 k €160,7 k €110,9 k €
Total assets565,7 k €2,2 M €1,7 M €2,2 M €
Cash205,7 k €121,7 k €127,5 k €29,3 k €
Debts352,2 k €2 M €1,6 M €2,1 M €
Other
Workforce–––0,0 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 · 1 ended

Active mandates

Nathalie Bleunven

Director · since 06 novembre 2023 · until 21 juin 2029

Active
NED

Director · since 07 décembre 2021 · until 15 juin 2028 · 0778.328.493

Represented by Mirko Dietz

Active
Pierre Demaerel

Director · since 07 décembre 2021 · until 15 juin 2028

Active

Ended mandates

Edouard Chatenoud

Director · since 07 décembre 2021 · until 15 juin 2028

Ended
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Annual accounts

Full financial information

2025202420232022
Type of accountAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202307/12/2021
Closing of the financial year31/12/202531/12/202431/12/202331/12/2022
Length of the financial year12 months12 months12 months13 months
Filing date14/07/202623/07/202504/09/202431/07/2023
General meeting18/06/202630/06/202520/06/202415/06/2023
Currency of the financial yearEUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

4 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202518/06/202614/07/2026FrenchPDF
Abridged model31/12/202430/06/202523/07/2025FrenchPDF
Abridged model31/12/202320/06/202404/09/2024FrenchPDF
Abridged model31/12/202215/06/202331/07/2023FrenchPDF
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 · 1 ended

Active mandates

Nathalie Bleunven

Director · since 06 novembre 2023 · until 21 juin 2029

Active
NED

Director · since 07 décembre 2021 · until 15 juin 2028 · 0778.328.493

Represented by Mirko Dietz

Active
Pierre Demaerel

Director · since 07 décembre 2021 · until 15 juin 2028

Active

Ended mandates

Edouard Chatenoud

Director · since 07 décembre 2021 · until 15 juin 2028

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates26/05/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates02/01/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Other09/12/2021
    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

Timeline

  1. 2025
    Annual accounts 2025-823,4 €↓
  2. 2024
    Annual accounts 202453,6 k €↑
  3. 2023
    Annual accounts 202349,9 k €↑
  4. 2022
    Annual accounts 202249,4 k €
  5. 07/12/2021
    IncorporationPublic limited company