ACTIVE

SUBROSA

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

62,1 k €

-73.7% YoY

Gross margin

98,3 k €

-34.5% YoY

Equity

521 k €

-18.8% YoY

What does SUBROSA do?

SUBROSA is a Private limited company incorporated in 2005. Its main activity is: Other activities auxiliary to financial services, except insurance and pension funding. Its registered office is in Kalmthout.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0874.184.982

Incorporation

01/06/2005

Legal form

Private limited company

Registered office

Heuvel (Dp) 42
2920 Kalmthout · FlandreSee on map

Contributed capital

6 200,00 €

Latest accounts

31/12/2025

Activities (NACE)

66199Other activities auxiliary to financial services, except insurance and pension funding· main 66199Other activities auxiliary to financial services, except insurance and pension funding 67130Autres auxiliaires financiers

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	98,3 k €	-34.5%	150 k €	-5.9%	159,4 k €	+13.6%	140,3 k €	+35.9%	103,2 k €	+14.5%	90,1 k €	-74.5%	353,9 k €	+75.5%	201,6 k €	-10.6%	225,5 k €	-4.8%	236,9 k €	+18.8%	199,5 k €	+24.7%	160 k €	+32.7%	120,5 k €	+25.8%	95,8 k €	-6.7%	102,6 k €	-14.8%	120,4 k €	+19.6%	100,7 k €	-3.5%	104,3 k €	+123%	46,7 k €	+420%	9 k €
EBITDA	97,6 k €	-32.2%	144,1 k €	-8.9%	158,2 k €	+13.4%	139,6 k €	+36.1%	102,5 k €	+30.5%	78,5 k €	+4.5%	75,1 k €	-29.1%	106 k €	-22.3%	136,3 k €	-9.7%	150,9 k €	+17.9%	128 k €	+65.6%	77,3 k €	+0.9%	76,6 k €	+17.5%	65,2 k €	-4.5%	68,2 k €	-23.0%	88,7 k €	+29.3%	68,6 k €	-12.7%	78,5 k €	+136%	33,3 k €	+284%	8,7 k €
Operating result	76,4 k €	-38.8%	124,8 k €	-20.6%	157,1 k €	+13.2%	138,8 k €	+36.9%	101,4 k €	+37.0%	74 k €	+25.8%	58,8 k €	-8.8%	64,5 k €	-28.0%	89,6 k €	-11.1%	100,7 k €	+24.7%	80,8 k €	+91.9%	42,1 k €	-0.1%	42,1 k €	-14.5%	49,3 k €	+10.9%	44,4 k €	-33.3%	66,6 k €	+40.6%	47,4 k €	-21.4%	60,2 k €	+221%	18,7 k €	+141%	7,8 k €
Net result	62,1 k €	-73.7%	236,5 k €	+110%	112,4 k €	+10.4%	101,8 k €	+34.1%	75,9 k €	+35.4%	56,1 k €	+9.7%	51,1 k €	+35.6%	37,7 k €	-24.0%	49,6 k €	-4.3%	51,8 k €	+10.3%	47 k €	+75.8%	26,7 k €	-17.9%	32,6 k €	-5.6%	34,5 k €	+12.3%	30,7 k €	-27.6%	42,4 k €	+33.9%	31,7 k €	-19.4%	39,3 k €	+268%	10,7 k €	+103%	5,3 k €
Balance sheet
Equity	521 k €	-18.8%	642 k €	+44.9%	443,1 k €	+16.5%	380,4 k €	+10.9%	343 k €	+4.1%	329,6 k €	+17.2%	281,2 k €	+22.2%	230,1 k €	-31.3%	334,8 k €	+17.4%	285,2 k €	+12.6%	253,4 k €	+12.4%	225,4 k €	+3.6%	217,6 k €	+8.4%	200,8 k €	+20.7%	166,3 k €	+22.7%	135,6 k €	+45.6%	93,2 k €	+51.6%	61,5 k €	+178%	22,2 k €	+93.2%	11,5 k €
Total assets	568,5 k €	-18.6%	698,6 k €	+52.6%	457,8 k €	+14.5%	399,9 k €	+12.0%	357,1 k €	+1.3%	352,5 k €	+11.0%	317,4 k €	-23.9%	417 k €	-23.0%	541,2 k €	-2.4%	554,3 k €	+6.1%	522,4 k €	+13.5%	460,2 k €	+6.6%	431,8 k €	+56.3%	276,4 k €	+10.8%	249,3 k €	+11.1%	224,5 k €	+16.8%	192,2 k €	+12.6%	170,7 k €	+21.7%	140,3 k €	+727%	17 k €
Cash	53 k €	-76.9%	229,2 k €	+46.7%	156,2 k €	+3.5%	150,9 k €	+81.9%	83 k €	-19.8%	103,5 k €	+7.0%	96,7 k €	+22.3%	79,1 k €	-24.2%	104,4 k €	+27.9%	81,6 k €	+69.8%	48,1 k €	-1.6%	48,8 k €	+115%	22,7 k €	-85.3%	154,8 k €	+38.8%	111,5 k €	+2.5%	108,8 k €	+66.7%	65,3 k €	+208%	21,2 k €	-62.9%	57,1 k €	+345%	12,9 k €
Debts	47,3 k €	-16.1%	56,4 k €	+285%	14,7 k €	-25.0%	19,5 k €	+38.6%	14,1 k €	-38.4%	22,9 k €	-36.9%	36,2 k €	-80.6%	186,9 k €	-9.4%	206,4 k €	-23.3%	269,1 k €	+0.0%	269 k €	+14.6%	234,8 k €	+9.6%	214,2 k €	+184%	75,5 k €	-9.0%	83 k €	-6.6%	88,8 k €	-10.3%	99 k €	-9.3%	109,2 k €	-7.5%	118,1 k €	+2052%	5,5 k €
Other
Workforce	–		–		–		–		–		–		1,1 ETP	-31.3%	1,6 ETP	0.0%	1,6 ETP	0.0%	1,6 ETP	+23.1%	1,3 ETP	-18.8%	1,6 ETP	+77.8%	0,9 ETP	+50.0%	0,6 ETP	0.0%	0,6 ETP	0.0%	0,6 ETP	-40.0%	1,0 ETP	+100%	0,5 ETP	0.0%	0,5 ETP		–

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 4 ended

Active mandates

Christian Tirions

Director

Active

Ended mandates

Christian Tirions

Manager · since 24 mai 2005

Ended

Chris Tirions

Director · since 20 mai 2005

Ended

Christian Tirions

Director · since 20 mai 2005

Ended

Chris Tirions

Director

Ended

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	28/07/2026	30/07/2025	26/07/2024	07/07/2023	17/06/2022	31/08/2021
General meeting	30/06/2026	30/06/2025	28/06/2024	08/06/2023	19/05/2022	30/06/2021
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	28/07/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	30/07/2025	Dutch	PDF
Abridged model	31/12/2023	28/06/2024	26/07/2024	Dutch	PDF
Abridged model	31/12/2022	08/06/2023	07/07/2023	Dutch	PDF
Abridged model	31/12/2021	19/05/2022	17/06/2022	Dutch	PDF
Abridged model	31/12/2020	30/06/2021	31/08/2021	Dutch	PDF
Abridged model	31/12/2019	30/06/2020	31/08/2021	Dutch	PDF
Abridged model	31/12/2018	16/05/2019	11/06/2019	Dutch	PDF
Abridged model	31/12/2017	29/06/2018	26/07/2018	Dutch	PDF
Abridged model	31/12/2016	29/06/2017	28/07/2017	Dutch	PDF
Abridged model	31/12/2015	20/06/2016	18/07/2016	Dutch	PDF
Abridged model	31/12/2014	15/05/2015	31/08/2015	Dutch	PDF
Abridged model	31/12/2013	15/05/2014	22/08/2014	Dutch	PDF
Abridged model	31/12/2012	16/05/2013	30/06/2013	Dutch	PDF
Abridged model	31/12/2011	17/05/2012	13/08/2012	Dutch	PDF
Abridged model	31/12/2010	19/05/2011	20/05/2011	Dutch	PDF
Abridged model	31/12/2009	20/05/2010	20/05/2010	Dutch	PDF
Abridged model	31/12/2008	21/05/2009	22/05/2009	Dutch	PDF
Abridged model	31/12/2007	15/05/2008	28/08/2008	Dutch	PDF
Abridged model	31/12/2006	30/06/2007	30/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 4 ended

Active mandates

Christian Tirions

Director

Active

Ended mandates

Christian Tirions

Manager · since 24 mai 2005

Ended

Chris Tirions

Director · since 20 mai 2005

Ended

Christian Tirions

Director · since 20 mai 2005

Ended

Chris Tirions

Director

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Other19/06/2020
DOEL
PDF
Mandates16/03/2020
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Restructuring23/09/2019
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Capital / shares24/01/2018
KAPITAAL - AANDELEN
PDF
Capital / shares05/02/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other09/06/2005
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 202562,1 k €↓
2024
Annual accounts 2024236,5 k €↑
2023
Annual accounts 2023112,4 k €↑
2022
Annual accounts 2022101,8 k €↑
2021
Annual accounts 202175,9 k €↑
2020
Annual accounts 202056,1 k €↑
2019
Annual accounts 201951,1 k €↑
2018
Annual accounts 201837,7 k €↓
2017
Annual accounts 201749,6 k €↓
2016
Annual accounts 201651,8 k €↑
2015
Annual accounts 201547 k €↑
2014
Annual accounts 201426,7 k €↓
2013
Annual accounts 201332,6 k €↓
2012
Annual accounts 201234,5 k €↑
2011
Annual accounts 201130,7 k €↓
2010
Annual accounts 201042,4 k €↑
2009
Annual accounts 200931,7 k €↓
2008
Annual accounts 200839,3 k €↑
2007
Annual accounts 200710,7 k €↑
2006
Annual accounts 20065,3 k €
01/06/2005
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

SUBROSA

Overview

What does SUBROSA do?

Trend over 20 financial years

Indicative valuation

Board of directors

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