ACTIVE

BEMARSO

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Financial year 2025 · closed on 31/12/2025

Net result

332,8 k €

-0.6% YoY

Gross margin

291,5 k €

+2.9% YoY

Equity

2,8 M €

+2.4% YoY

What does BEMARSO do?

BEMARSO is a Private limited company incorporated in 2009. Its main activity is: Management consultancy activities. Its registered office is in Liedekerke.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0809.146.779

Incorporation

16/01/2009

Legal form

Private limited company

Registered office

Opperstraat 16
1770 Liedekerke · FlandreSee on map

Contributed capital

12 400,00 €

Latest accounts

31/12/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 64200Activities of holding companies 64210Activities of holding companies

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009
Income statement
Gross margin	291,5 k €	+2.9%	283,3 k €	-38.2%	458,6 k €	-10.2%	510,7 k €	-3.2%	527,3 k €	+7.7%	489,4 k €	+10.2%	444,2 k €	-6.3%	474,3 k €	-2.1%	484,4 k €	-2.7%	497,8 k €	+15.2%	431,9 k €	+28.7%	335,5 k €	+14.7%	292,5 k €	-29.7%	416,3 k €	+49.5%	278,5 k €	+29.3%	215,4 k €	+0.2%	215 k €
EBITDA	290,4 k €	+2.9%	282,3 k €	-38.3%	457,5 k €	-10.2%	509,6 k €	-3.1%	525,7 k €	+7.9%	487,4 k €	+10.1%	442,6 k €	-6.3%	472,3 k €	-2.1%	482,4 k €	-2.7%	495,8 k €	+15.3%	429,9 k €	+28.9%	333,5 k €	+14.9%	290,3 k €	-29.9%	414,3 k €	+49.9%	276,5 k €	+29.3%	213,9 k €	+1.3%	211,1 k €
Operating result	276,6 k €	+3.0%	268,5 k €	-39.5%	443,8 k €	-10.5%	495,8 k €	-3.3%	513 k €	+5.3%	487,4 k €	+10.1%	442,6 k €	-6.3%	472,3 k €	-2.1%	482,4 k €	-2.7%	495,8 k €	+15.3%	429,9 k €	+28.9%	333,5 k €	+17.5%	283,9 k €	-30.4%	407,9 k €	+51.0%	270,1 k €	+30.2%	207,5 k €	+1.4%	204,7 k €
Net result	332,8 k €	-0.6%	334,8 k €	+13.5%	295,1 k €	-10.9%	331,4 k €	-2.6%	340,1 k €	+6.4%	319,6 k €	+17.4%	272,2 k €	-4.1%	283,8 k €	+8.3%	262 k €	-1.9%	267,2 k €	+37.3%	194,6 k €	+18.0%	164,8 k €	+14.9%	143,4 k €	-35.8%	223,2 k €	+72.1%	129,7 k €	+42.8%	90,8 k €	+5.0%	86,5 k €
Balance sheet
Equity	2,8 M €	+2.4%	2,7 M €	+14.0%	2,4 M €	+14.0%	2,1 M €	+0.8%	2,1 M €	+7.5%	1,9 M €	+8.5%	1,8 M €	+17.8%	1,5 M €	+23.0%	1,2 M €	+8.4%	1,1 M €	+30.6%	872 k €	+28.7%	677,4 k €	+32.2%	512,6 k €	+21.3%	422,7 k €	+112%	199,4 k €	+5.1%	189,7 k €	+91.9%	98,9 k €
Total assets	3,2 M €	-1.6%	3,2 M €	+8.0%	3 M €	-0.2%	3 M €	-6.0%	3,2 M €	+0.4%	3,2 M €	+30.8%	2,4 M €	+6.2%	2,3 M €	-3.8%	2,4 M €	+5.6%	2,2 M €	+8.9%	2,1 M €	+5.2%	1,9 M €	+1.9%	1,9 M €	+1.3%	1,9 M €	+6.7%	1,8 M €	-1.3%	1,8 M €	+0.1%	1,8 M €
Cash	305,1 k €	+13.2%	269,5 k €	+621%	37,4 k €	+65.9%	22,6 k €	-66.6%	67,6 k €	+91.0%	35,4 k €	-59.2%	86,6 k €	-25.2%	115,9 k €	+131%	50,2 k €	+2360%	2 k €	+60.0%	1,3 k €	-90.1%	12,8 k €	+740%	1,5 k €	+565%	230 €	-98.1%	12,3 k €	-59.0%	29,9 k €	+34.9%	22,2 k €
Debts	355,2 k €	-24.7%	471,6 k €	-17.2%	569,9 k €	-34.6%	871,6 k €	-19.2%	1,1 M €	-10.9%	1,2 M €	+95.2%	620,2 k €	-17.3%	750,1 k €	-33.3%	1,1 M €	+2.7%	1,1 M €	-7.1%	1,2 M €	-7.3%	1,3 M €	-9.1%	1,4 M €	-4.5%	1,5 M €	-6.6%	1,6 M €	-2.1%	1,6 M €	-5.3%	1,7 M €

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 · 1 ended

Active mandates

Bernard De Vulder

Director

Active

Ended mandates

BERNARD DE VULDER

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
Romarix● Active	0443.105.304

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	15/06/2026	28/05/2025	28/08/2024	02/08/2023	26/08/2022	24/08/2021
General meeting	23/05/2026	24/05/2025	25/05/2024	27/05/2023	28/05/2022	22/05/2021
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

17 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	23/05/2026	15/06/2026	Dutch	PDF
Abridged model	31/12/2024	24/05/2025	28/05/2025	Dutch	PDF
Abridged model	31/12/2023	25/05/2024	28/08/2024	Dutch	PDF
Abridged model	31/12/2022	27/05/2023	02/08/2023	Dutch	PDF
Abridged model	31/12/2021	28/05/2022	26/08/2022	Dutch	PDF
Abridged model	31/12/2020	22/05/2021	24/08/2021	Dutch	PDF
Abridged model	31/12/2019	01/08/2020	23/09/2020	Dutch	PDF
Abridged model	31/12/2018	25/05/2019	29/08/2019	Dutch	PDF
Abridged model	31/12/2017	26/05/2018	16/07/2018	Dutch	PDF
Abridged model	31/12/2016	27/05/2017	13/07/2017	Dutch	PDF
Abridged model	31/12/2015	28/05/2016	16/08/2016	Dutch	PDF
Abridged model	31/12/2014	23/05/2015	30/07/2015	Dutch	PDF
Abridged model	31/12/2013	24/05/2014	17/07/2014	Dutch	PDF
Abridged model	31/12/2012	25/05/2013	18/07/2013	Dutch	PDF
Abridged model	31/12/2011	26/05/2012	24/07/2012	Dutch	PDF
Abridged model	31/12/2010	28/05/2011	14/06/2011	Dutch	PDF
Abridged model	31/12/2009	22/05/2010	29/06/2010	Dutch	PDF

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 · 1 ended

Active mandates

Bernard De Vulder

Director

Active

Ended mandates

BERNARD DE VULDER

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Other24/05/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DOEL
PDF
Capital / shares25/01/2018
KAPITAAL - AANDELEN
PDF
Capital / shares14/01/2014
KAPITAAL - AANDELEN
PDF
Registered office03/06/2013
MAATSCHAPPELIJKE ZETEL
PDF
Other27/01/2009
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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 2025332,8 k €↓
2024
Annual accounts 2024334,8 k €↑
2023
Annual accounts 2023295,1 k €↓
2022
Annual accounts 2022331,4 k €↓
2021
Annual accounts 2021340,1 k €↑
2020
Annual accounts 2020319,6 k €↑
2019
Annual accounts 2019272,2 k €↓
2018
Annual accounts 2018283,8 k €↑
2017
Annual accounts 2017262 k €↓
2016
Annual accounts 2016267,2 k €↑
2015
Annual accounts 2015194,6 k €↑
2014
Annual accounts 2014164,8 k €↑
2013
Annual accounts 2013143,4 k €↓
2012
Annual accounts 2012223,2 k €↑
2011
Annual accounts 2011129,7 k €↑
2010
Annual accounts 201090,8 k €↑
2009
Annual accounts 200986,5 k €
16/01/2009
IncorporationPrivate limited company

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

BEMARSO

Overview

What does BEMARSO do?

Trend over 17 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