ACTIVE

Belgian Resilience Fund

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Financial year 2025 · Closed on 31/12/2025

Net result-6,3 M €-64,6 %over 1 year
Revenue600 k €
Equity83,4 M €-16,4 %over 1 year

Identity

Source · BCE/KBO

Belgian Resilience Fund is a Limited partnership incorporated in 2021. Its registered office is in Watermael-Boitsfort.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0778.407.578
Incorporation
09/12/2021
Legal form
Limited partnership
Registered office
Chaussée de La Hulpe 166 box 25
1170 Watermael-Boitsfort · BruxellesSee on map
Contributed capital
94 222 364,75 €
Latest accounts
31/12/2025
Signals
Solid equityLow riskGood liquidityPositive EBITDA

Financials

Source · NBB, 4 filings

Trend over 4 financial years

2025202420232022
Income statement
Revenue600 k €–––
EBITDA291,2 k €-3,6 M €-2,3 M €-2,3 M €
Operating result238,9 k €-3,6 M €-2,4 M €-2,3 M €
Net result-6,3 M €-3,8 M €85,1 k €-778,9 k €
Balance sheet
Equity83,4 M €99,7 M €36,9 M €29,5 M €
Total assets146,4 M €163,3 M €38,6 M €32,4 M €
Cash2,9 M €2,9 M €644,6 k €1 M €
Debts63 M €63,6 M €1,6 M €2,9 M €

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active

Active mandates

BRF Management

Manager · since 09 décembre 2021 · 0778.360.167

Represented by Edouard CHATENOUD

Active

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
Administratiekantoor Scheldt I● Active
1010.695.656
Administratiekantoor Scheldt II● Active
1010.695.854
ADVOCATENKANTOOR GARREZ JORREN● Active
0644.464.931
ADVOCATENKANTOOR ILHAM IRGIOU● Active
0800.056.691
Afer Pierre Holding Belgium● Active
0783.501.365
AGENCE ET PROMOTION IMMOBILIERES● Active
0415.973.612
AGNES MAQUA● Active
0464.713.043
ALTIMAR● Active
0430.069.987
AMERICAN MANAGEMENT ASSOCIATION EUROPE● Active
0894.813.815
ARTER● Active
0692.924.448
Association des copropriétaires à Watermael-Boitsfort Chaussée de La Hulpe 166● Active
0824.539.194
BARESQUE EUROPE● Active
0722.856.965
BARILLA BELGIUM● Active
0470.995.079
BCH BROKERS● Active
0847.209.084
BLUEMIND BUSINESS INFORMATION SERVICES● Active
0820.737.685
BRF Management● Active
0778.360.167
BROEKZELE VASTGOED● Active
0641.946.691
BROOKLYN'S● Active
0794.747.328

Full financial information

Source · NBB
2025202420232022
Type of accountFull modelFull modelFull modelFull 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 date20/07/202623/07/202509/10/202431/07/2023
General meeting18/06/202630/06/202518/09/202415/06/2023
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
Full model31/12/202518/06/202620/07/2026FrenchPDF
Full model31/12/202430/06/202523/07/2025FrenchPDF
Full model31/12/202318/09/202409/10/2024FrenchPDF
Full model31/12/202215/06/202331/07/2023FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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

1 active

Active mandates

BRF Management

Manager · since 09 décembre 2021 · 0778.360.167

Represented by Edouard CHATENOUD

Active

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates26/05/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares17/12/2025
    CAPITAL, ACTIONS
    PDF
  • Capital / shares29/05/2024
    CAPITAL, ACTIONS
    PDF
  • Mandates03/04/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares26/03/2024
    CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates28/09/2023
    DENOMINATION
    PDF
  • Capital / shares07/07/2023
    CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Capital / shares20/07/2022
    CAPITAL, ACTIONS
    PDF

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 2025-6,3 M €↓
  2. 12/08/2025
    reduction_capital
  3. 30/06/2025
    reconductionDirk Stragier — commissaire-réviseur
  4. 14/06/2025
    augmentation_capital
  5. 2024
    Annual accounts 2024-3,8 M €↓
  6. 22/04/2024
    augmentation_capital
  7. 22/02/2024
    augmentation_capital
  8. 2023
    Annual accounts 202385,1 k €↑
  9. 06/11/2023
    nominationNathalie BLEUNVEN — représentante permanente du Gérant Statutaire
  10. 21/06/2023
    augmentation_capital
  11. 2023
    Name changeBelgian Resilience Fund
  12. 2022
    Annual accounts 2022-778,9 k €
  13. 07/07/2022
    augmentation_capital
  14. 2022
    Name changeBelgian Recovery Fund
  15. 09/12/2021
    IncorporationLimited partnership