ACTIVE

BRF Management

Financial year 2025 · Closed on 31/12/2025

Net result-823,4 €-101,5 %over 1 year
Gross margin6,4 k €-90,9 %over 1 year
Equity213,5 k €-0,4 %over 1 year

Identity

Source · BCE/KBO

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

Financials

Source · NBB, 4 filings

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

Valuation

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 1 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Nathalie Bleunven
Director06/11/2023 → 21/06/2029
NED0778.328.493Represented by Mirko Dietz
Director07/12/2021 → 15/06/2028
Pierre Demaerel
Director07/12/2021 → 15/06/2028

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Edouard Chatenoud
Director07/12/2021 → 2022 accounts

Other companies at this address

Chaussée de La Hulpe 166 1170 Watermael-Boitsfort
CompanyCBE no.
AdaStone● Active
0761.830.278
AD-BEL SERVICES● Active
0832.240.402
1010.695.656
1010.695.854
0644.464.931
0800.056.691
0783.501.365
0415.973.612
AGNES MAQUA● Active
0464.713.043
ALTIMAR● Active
0430.069.987
0894.813.815
ARTER● Active
0692.924.448
0824.539.194
BARESQUE EUROPE● Active
0722.856.965
BARILLA BELGIUM● Active
0470.995.079
BCH BROKERS● Active
0847.209.084
0778.407.578
0820.737.685
0641.946.691
BROOKLYN'S● Active
0794.747.328

Full financial information

Source · NBB
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 4 filings
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

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.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 1 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Nathalie Bleunven
Director06/11/2023 → 21/06/2029
NED0778.328.493Represented by Mirko Dietz
Director07/12/2021 → 15/06/2028
Pierre Demaerel
Director07/12/2021 → 15/06/2028

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Edouard Chatenoud
Director07/12/2021 → 2022 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates26/05/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates02/01/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Other09/12/2021
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    PDF

Similar companies

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
Filings4 filings
Mandates
Nathalie Bleunven
NED
Pierre Demaerel
Edouard Chatenoud
202120222023202420252026202720282029
BRF Management
Chaussée de La Hulpe 166 bte 25, 1170 Watermael-Boitsfort
Director
Director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Chaussée de La Hulpe 166 bte 25, 1170 Watermael-BoitsfortCurrent
accounts 2022 → 2025
Accounts 2025 · 2026-00296260

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
BRF ManagementCurrent
accounts 2022 → 2025
Accounts 2025 · 2026-00296260

Events

  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