ACTIVE

BOULANGIER BART

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Financial year 2025 · closed on 31/12/2025

Net result

83,5 k €

-84.8% YoY

Gross margin

184,7 k €

+65.4% YoY

Equity

2,4 M €

+2.3% YoY

What does BOULANGIER BART do?

BOULANGIER BART is a Private limited company incorporated in 2009. Its main activity is: Management consultancy activities. Its registered office is in Oosterzele.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0809.645.934

Incorporation

06/02/2009

Legal form

Private limited company

Registered office

Wijkschoolstraat 10
9860 Oosterzele · FlandreSee on map

Contributed capital

30 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

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	184,7 k €	+65.4%	111,6 k €	+52.3%	73,3 k €	-2.1%	74,9 k €	+31.8%	56,8 k €	-40.1%	94,8 k €	-30.5%	136,4 k €	+7.7%	126,5 k €	-2.6%	129,9 k €	-22.7%	168,2 k €	+52.3%	110,4 k €	-16.3%	131,9 k €	+5.5%	125 k €	+10.8%	112,8 k €	-20.0%	141 k €	+65.3%	85,3 k €	+1.8%	83,7 k €
EBITDA	182,2 k €	+70.4%	106,9 k €	+50.7%	71 k €	+2.6%	69,1 k €	+26.0%	54,9 k €	-41.6%	94 k €	-30.0%	134,2 k €	+8.0%	124,3 k €	-2.6%	127,6 k €	-23.2%	166,1 k €	+52.5%	108,9 k €	-16.4%	130,3 k €	+7.7%	121 k €	+7.8%	112,2 k €	-20.3%	140,8 k €	+65.5%	85,1 k €	+1.6%	83,7 k €
Operating result	101,1 k €	+274%	27 k €	+538%	-6,2 k €	-160%	10,2 k €	+195%	3,5 k €	-93.4%	52,5 k €	+6.6%	49,3 k €	-16.6%	59,1 k €	-19.3%	73,3 k €	-42.7%	127,8 k €	+79.0%	71,4 k €	-18.8%	88 k €	+0.9%	87,3 k €	+41.3%	61,7 k €	-55.8%	139,8 k €	+66.7%	83,9 k €	+2.3%	82 k €
Net result	83,5 k €	-84.8%	547,6 k €	+6214%	-9 k €	-656%	1,6 k €	-99.4%	270,5 k €	-73.0%	1 M €	+3040%	31,9 k €	-79.0%	152,2 k €	+1.2%	150,4 k €	-17.6%	182,5 k €	+123%	81,9 k €	-86.1%	588 k €	+1178%	46 k €	+37.0%	33,6 k €	-60.6%	85,3 k €	+85.6%	46 k €	-0.5%	46,2 k €
Balance sheet
Equity	2,4 M €	+2.3%	2,4 M €	+20.2%	2 M €	-7.5%	2,1 M €	-7.8%	2,3 M €	+10.4%	2,1 M €	+66.6%	1,3 M €	+2.4%	1,2 M €	+14.0%	1,1 M €	+16.3%	923 k €	+24.6%	740,5 k €	+7.9%	686,2 k €	+512%	112,1 k €	-18.1%	136,9 k €	+15.7%	118,3 k €	+259%	33 k €	0.0%	33 k €
Total assets	2,5 M €	-13.4%	2,9 M €	+23.1%	2,4 M €	-2.6%	2,4 M €	-3.8%	2,5 M €	+8.5%	2,3 M €	+56.4%	1,5 M €	-1.2%	1,5 M €	+6.0%	1,4 M €	+21.9%	1,2 M €	+13.0%	1 M €	+2.4%	1 M €	+98.0%	511,1 k €	+4.2%	490,4 k €	+76.0%	278,7 k €	+17.1%	237,9 k €	+5.9%	224,8 k €
Cash	63,6 k €	-11.9%	72,1 k €	-65.7%	210,4 k €	-26.4%	285,7 k €	+2.7%	278,2 k €	+8.2%	257 k €	+6.7%	240,9 k €	-37.0%	382,6 k €	+10.3%	346,8 k €	-0.3%	347,9 k €	+75.9%	197,8 k €	+30.6%	151,5 k €	+35.8%	111,6 k €	+163%	42,5 k €	-66.0%	124,9 k €	+50.5%	83 k €	+20.7%	68,8 k €
Debts	113,7 k €	-79.8%	561,9 k €	+37.2%	409,4 k €	+30.3%	314,3 k €	+36.1%	231 k €	-7.2%	248,8 k €	+3.2%	241 k €	-16.7%	289,3 k €	-18.2%	353,8 k €	+43.6%	246,4 k €	-16.7%	295,8 k €	-9.2%	325,7 k €	-18.4%	399 k €	+12.9%	353,5 k €	+120%	160,4 k €	-21.7%	204,9 k €	+6.9%	191,8 k €

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

Bart Boulangier

Director

Active

Ended mandates

Bart Boulangier

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
TDB INVEST● Active	0809.813.111

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	17/07/2026	18/08/2025	24/07/2024	28/06/2023	04/07/2022	27/08/2021
General meeting	22/06/2026	11/08/2025	24/06/2024	26/06/2023	27/06/2022	01/07/2021
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
Micro model	31/12/2025	22/06/2026	17/07/2026	Dutch	PDF
Micro model	31/12/2024	11/08/2025	18/08/2025	Dutch	PDF
Micro model	31/12/2023	24/06/2024	24/07/2024	Dutch	PDF
Micro model	31/12/2022	26/06/2023	28/06/2023	Dutch	PDF
Micro model	31/12/2021	27/06/2022	04/07/2022	Dutch	PDF
Micro model	31/12/2020	01/07/2021	27/08/2021	Dutch	PDF
Micro model	31/12/2019	22/07/2020	20/08/2020	Dutch	PDF
Micro model	31/12/2018	12/08/2019	28/08/2019	Dutch	PDF
Micro model	31/12/2017	31/07/2018	28/08/2018	Dutch	PDF
Micro model	31/12/2016	30/06/2017	28/07/2017	Dutch	PDF
Abridged model	31/12/2015	18/07/2016	27/08/2016	Dutch	PDF
Abridged model	31/12/2014	22/06/2015	24/07/2015	Dutch	PDF
Abridged model	31/12/2013	23/06/2014	19/07/2014	Dutch	PDF
Abridged model	31/12/2012	24/06/2013	01/07/2013	Dutch	PDF
Abridged model	31/12/2011	25/06/2012	20/08/2012	Dutch	PDF
Abridged model	31/12/2010	27/06/2011	25/07/2011	Dutch	PDF
Abridged model	31/12/2009	28/06/2010	24/07/2010	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

Bart Boulangier

Director

Active

Ended mandates

Bart Boulangier

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates18/12/2020
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares03/01/2014
KAPITAAL - AANDELEN
PDF
Registered office30/10/2012
MAATSCHAPPELIJKE ZETEL - DOEL
PDF
Other17/02/2009
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 202583,5 k €↓
2024
Annual accounts 2024547,6 k €↑
2023
Annual accounts 2023-9 k €↓
2022
Annual accounts 20221,6 k €↓
2021
Annual accounts 2021270,5 k €↓
2020
Annual accounts 20201 M €↑
2019
Annual accounts 201931,9 k €↓
2018
Annual accounts 2018152,2 k €↑
2017
Annual accounts 2017150,4 k €↓
2016
Annual accounts 2016182,5 k €↑
2015
Annual accounts 201581,9 k €↓
2014
Annual accounts 2014588 k €↑
2013
Annual accounts 201346 k €↑
2012
Annual accounts 201233,6 k €↓
2011
Annual accounts 201185,3 k €↑
2010
Annual accounts 201046 k €↓
2009
Annual accounts 200946,2 k €
06/02/2009
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

BOULANGIER BART

Overview

What does BOULANGIER BART 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