EMIL FREY Belgique SA
0880.777.717 · rovalta.com · 26/09/2026
ACTIVE
EMIL FREY Belgique SA
Financial year 2025 · Closed on 31/12/2025
Net result-1,8 M €-37,0 %over 1 year
Revenue6,7 M €+30,2 %over 1 year
Equity27,8 M €+1,7 %over 1 year
Workforce34,6 ETP+36,2 %over 1 year
Overview
Identity
Source · BCE/KBOEMIL FREY Belgique SA is a Public limited company incorporated in 2006. Its main activity is: Management consultancy activities. Its registered office is in Awans. It employs on average 34,6 ETP workers (FTE).
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0880.777.717
- Incorporation
- 11/04/2006
- Legal form
- Public limited company
- Registered office
- Rue de Bruxelles 124
4340 Awans · WallonieSee on map - Contributed capital
- 39 503 557,00 €
- Latest accounts
- 31/12/2025
- Average workforce
- 34,6 ETP
Activities (NACE)
Joint committees (2)
- 200
- 20000
Signals
Positive EBITDAHealthy social debtsHigh revenue
Financials
Source · NBB, 24 filingsTrend over 15 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Revenue | 6,7 M € | +30.2% | 5,1 M € | +20.7% | 4,3 M € | +26.7% | 3,4 M € | +59.8% | 2,1 M € |
| EBITDA | 488,2 k € | +305% | -237,7 k € | +85.7% | -1,7 M € | -163% | -633,1 k € | -71.3% | -369,7 k € |
| Operating result | 452,1 k € | +278% | -253,7 k € | +84.9% | -1,7 M € | -162% | -640,7 k € | -73.2% | -369,9 k € |
| Net result | -1,8 M € | -37.0% | -1,3 M € | +37.1% | -2,1 M € | -316% | -515,1 k € | -129% | 1,8 M € |
| Balance sheet | |||||||||
| Equity | 27,8 M € | +1.7% | 27,3 M € | -4.7% | 28,6 M € | -7.0% | 30,8 M € | -1.6% | 31,3 M € |
| Total assets | 101,3 M € | +55.7% | 65,1 M € | +2.6% | 63,4 M € | -20.6% | 79,8 M € | +58.2% | 50,5 M € |
| Cash | 36 k € | -98.4% | 2,2 M € | -49.7% | 4,4 M € | -70.3% | 14,7 M € | +361% | 3,2 M € |
| Debts | 73,1 M € | +93.8% | 37,7 M € | +9.1% | 34,6 M € | -29.5% | 49 M € | +156% | 19,2 M € |
| Other | |||||||||
| Workforce | 34,6 ETP | +36.2% | 25,4 ETP | -25.7% | 34,2 ETP | +26.7% | 27,0 ETP | +52.5% | 17,7 ETP |
Valuation
Indicative valuation
As an indication, this company is worth
between 0 € and 100 k€
See the valuationBoard of directors
Source · NBB, accounts to 31/12/20252 active · 12 ended
Active mandates
Frédéric Vuarin
ActiveHervé Miralles
ActiveEnded mandates
Frederic Vuarin
EndedFrédéric Vuarin
EndedFrédéric VUARIN
EndedHervé Miralles
EndedOther companies at this address
Rue de Bruxelles 124 4340 Awans| Company | CBE no. |
|---|---|
ADIMO● Active | 0726.840.103 |
ARUNAS● Active | 0707.612.525 |
| 0540.543.188 | |
AUTOSPHERE MOTORS● Active | 0668.599.620 |
GROUPE AUTOSPHERE MOTORS● Active | 0674.944.014 |
JAR - LOS● Active | 0691.983.647 |
PREMIUM VO● Active | 0700.380.580 |
Financials
Full financial information
Source · NBB| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Full model | Full model | Full model | Full model | Full model | Full 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 | 24/07/2025 | 22/07/2024 | 28/08/2023 | 29/08/2022 | 19/07/2021 |
| General meeting | 30/06/2026 | 27/06/2025 | 28/06/2024 | 30/06/2023 | 30/06/2022 | 17/06/2021 |
| 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 |
Financial ratios
Source · NBBLooking for more information about this company?
Try for freeAnnual accounts filings
Source · NBB, 24 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/12/2025 | 30/06/2026 | 17/07/2026 | French | |
| Full model | 31/12/2024 | 27/06/2025 | 24/07/2025 | French | |
| Full model | 31/12/2023 | 28/06/2024 | 22/07/2024 | French | |
| Consolidated accounts | 31/12/2023 | 28/06/2024 | 22/01/2025 | French | |
| Full model | 31/12/2022 | 30/06/2023 | 28/08/2023 | French | |
| Full model | 31/12/2021 | 30/06/2022 | 29/08/2022 | French | |
| Consolidated accounts | 31/12/2021 | 30/06/2022 | 17/10/2022 | French | |
| Full model | 31/12/2020 | 17/06/2021 | 19/07/2021 | French | |
| Consolidated accounts | 31/12/2020 | 01/01/9999 | 16/07/2021 | French | |
| Full model | 31/12/2019 | 30/10/2020 | 29/01/2021 | French | |
| Consolidated accounts | 31/12/2019 | 01/01/9999 | 16/07/2021 | French | |
| Full model | 31/12/2018 | 30/10/2020 | 21/12/2020 | French | |
| Consolidated accounts | 31/12/2018 | 17/06/2021 | 16/07/2021 | French | |
| Full model | 31/12/2017 | 15/06/2018 | 14/06/2019 | French | |
| Full model | 31/12/2016 | 16/06/2017 | 24/11/2017 | French | |
| Full model | 31/12/2015 | 17/06/2016 | 31/08/2016 | French | |
| Abridged model | 31/12/2014 | 19/06/2015 | 31/08/2015 | French | |
| Abridged model | 30/06/2013 | 20/09/2013 | 27/12/2013 | French | |
| Abridged model | 30/06/2012 | 21/09/2012 | 18/10/2012 | French | |
| Abridged model | 30/06/2011 | 16/09/2011 | 13/12/2011 | French | |
| Abridged model | 30/06/2010 | 17/09/2010 | 18/01/2011 | French | |
| Abridged model | 30/06/2009 | 25/09/2009 | 22/02/2010 | French | |
| Abridged model | 30/06/2008 | 19/09/2008 | 26/02/2009 | French | |
| Abridged model | 30/06/2007 | 21/09/2007 | 27/12/2007 | French |
Valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Board of directors
Source · NBB, accounts to 31/12/20252 active · 12 ended
Active mandates
Frédéric Vuarin
ActiveHervé Miralles
ActiveEnded mandates
Frederic Vuarin
EndedFrédéric Vuarin
EndedFrédéric VUARIN
EndedHervé Miralles
EndedOwnership and network
Looking for more information about this company?
Try for freePublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Capital / shares09/04/2026STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - CAPITAL, ACTIONS
- Restructuring26/08/2025CAPITAL, ACTIONS - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
- Restructuring14/05/2025RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
- Mandates30/01/2025DEMISSIONS, NOMINATIONS
- Mandates19/02/2024DEMISSIONS, NOMINATIONS
- Capital / shares30/12/2021STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - CAPITAL, ACTIONS
- Mandates12/11/2020DEMISSIONS, NOMINATIONS
- Capital / shares11/09/2019STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - CAPITAL, ACTIONS
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 31/03/2026augmentation_capital
- 2025Annual accounts 2025-1,8 M €↓
- 30/06/2025augmentation_capitalEMIL Frey Holding AG
- 01/01/2025augmentation_capitalEmil Frey Holding AG
- 2024Annual accounts 2024-1,3 M €↑
- 28/06/2024reconductionFrédéric Vuarin — administrateur
- 28/06/2024reconductionHervé Miralles — administrateur
- 28/06/2024nominationGrégory Gonzalez Rodriguez — représentant permanent du commissaire
- 2023Annual accounts 2023-2,1 M €↓
- 01/01/2023nominationGrégory GONZALEZ RODRIGUEZ — représentant permanent du commissaire
- 2022Annual accounts 2022-515,1 k €↓
- 2021Annual accounts 20211,8 M €↑
- 2017Annual accounts 2017-595,1 k €↓
- 2017Name changeEMIL FREY Belgique
- 2016Annual accounts 2016-377 k €↓
- 2015Annual accounts 2015-45,5 k €↓
- 2014Annual accounts 2014-14,2 k €↓
- 2014Name changePGA BELGIQUE
- 2013Annual accounts 2013147,1 €↓
- 2012Annual accounts 20125,9 k €↑
- 2011Annual accounts 20115 k €↓
- 2010Annual accounts 2010300,1 k €↑
- 2009Annual accounts 2009-45,3 k €↓
- 2008Annual accounts 2008-15,1 k €
- 2008Name changeHV DEVELOPPEMENT BELGIQUE
- 11/04/2006IncorporationPublic limited company