ACTIVE

Bourgade

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Financial year 2025 · closed on 30/09/2025

Net result

-165,4 k €

-1876.4% YoY

Gross margin

128,5 k €

-77.3% YoY

Equity

661,4 k €

-20.0% YoY

Workforce

0,1 ETP

0.0% YoY

What does Bourgade do?

Bourgade is a Private limited company incorporated in 2007. Its main activity is: Other printing. Its registered office is in Brugge. It employs on average 0,1 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0888.570.577

Incorporation

05/04/2007

Legal form

Private limited company

Registered office

Lauwerstraat 19
8000 Brugge · FlandreSee on map

Contributed capital

6 200,00 €

Latest accounts

30/09/2025

Average workforce

0,1 ETP

Activities (NACE)

18120Other printing· main 18120Other printing 22220Manufacture of plastic packing goods 22150Manufacture of rubber products 58190Other publishing activities 58190Other publishing activities+6

Signals

Positive 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		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Gross margin	128,5 k €	-77.3%	566,9 k €	+9.4%	518,1 k €	+33.9%	387 k €	+25.1%	309,4 k €	+7.6%	287,5 k €	-28.9%	404,2 k €	-2.0%	412,6 k €	+67.6%	246,1 k €	+1652%	14 k €	-11.5%	15,9 k €	+403%	-5,2 k €	-2.5%	-5,1 k €	-1404%	-340 €	-128%	1,2 k €	-46.9%	2,3 k €	+116%	-13,8 k €
EBITDA	113,4 k €	-77.8%	511,8 k €	+0.8%	507,7 k €	+32.0%	384,6 k €	+33.5%	288 k €	+1.6%	283,4 k €	-29.3%	401,1 k €	-0.5%	403,3 k €	+64.3%	245,5 k €	+1702%	13,6 k €	-13.2%	15,7 k €	+375%	-5,7 k €	-2.4%	-5,6 k €	-596%	-802 €	-210%	729 €	-2.7%	749 €	+105%	-14,3 k €
Operating result	-89,6 k €	-147%	191,1 k €	-47.4%	363,1 k €	+47.7%	245,8 k €	+19.8%	205,2 k €	+18.8%	172,8 k €	-40.9%	292,1 k €	-2.0%	298,1 k €	+81.0%	164,7 k €	+291%	-86,2 k €	-649%	15,7 k €	+375%	-5,7 k €	-2.4%	-5,6 k €	-596%	-802 €	-210%	729 €	-2.7%	749 €	+105%	-15,2 k €
Net result	-165,4 k €	-1876%	-8,4 k €	-104%	196,6 k €	+123%	88,2 k €	-30.2%	126,5 k €	+30.9%	96,7 k €	-41.5%	165,1 k €	+12.2%	147,2 k €	+27.7%	115,2 k €	+232%	-87 k €	-11454%	766,3 €	+113%	-5,8 k €	+3.8%	-6 k €	-484%	-1 k €	-333%	441 €	+34.5%	328 €	+104%	-8,3 k €
Balance sheet
Equity	661,4 k €	-20.0%	826,8 k €	-1.0%	835,2 k €	+30.8%	638,5 k €	+16.0%	550,3 k €	+29.8%	423,8 k €	+29.5%	327,2 k €	+102%	162,1 k €	+991%	14,9 k €	+115%	-100,4 k €	-651%	-13,4 k €	+5.4%	-14,1 k €	-69.1%	-8,4 k €	-255%	-2,4 k €	-77.3%	-1,3 k €	+24.9%	-1,8 k €	+15.6%	-2,1 k €
Total assets	3,3 M €	-2.5%	3,4 M €	+1.8%	3,3 M €	-3.4%	3,5 M €	+3.9%	3,3 M €	+1.7%	3,3 M €	+65.7%	2 M €	-6.3%	2,1 M €	+16.8%	1,8 M €	+4.6%	1,7 M €	+11749%	14,6 k €	-43.8%	25,9 k €	-3.0%	26,7 k €	+10.4%	24,2 k €	+14.7%	21,1 k €	-38.3%	34,2 k €	-23.5%	44,6 k €
Cash	724,4 €	-98.4%	44,4 k €	+3072%	1,4 k €	-97.0%	46,9 k €	-36.0%	73,2 k €	+220%	22,9 k €	-68.0%	71,6 k €	+4014%	1,7 k €	-94.9%	34,1 k €		–		3,9 k €	+389%	794 €	-50.3%	1,6 k €	+1148%	128 €	-63.3%	349 €	-95.7%	8,1 k €	-56.1%	18,4 k €
Debts	2,6 M €	+2.8%	2,5 M €	+2.0%	2,5 M €	-11.2%	2,8 M €	+1.7%	2,8 M €	-2.9%	2,8 M €	+72.6%	1,6 M €	-15.4%	1,9 M €	+8.7%	1,8 M €	-1.9%	1,8 M €	+6439%	27,9 k €	-30.2%	40 k €	+14.7%	34,9 k €	+31.5%	26,5 k €	+18.4%	22,4 k €	-37.6%	35,9 k €	-23.1%	46,7 k €
Other
Workforce	0,1 ETP	0.0%	0,1 ETP		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 30/09/2025 · 2 active · 10 ended

Active mandates

Benedicte Reychler

Director · since 07 décembre 2015

Active

Kristof Lamberigts

Director · since 04 août 2008

Active

Ended mandates

BENEDICTE REYCHLER

Manager · since 07 décembre 2015

Ended

KRISTOF LAMBERIGTS

Manager · since 04 novembre 2008

Ended

STEVEN BORGERHOFF

Manager · since 04 novembre 2008

Ended

BENEDICTE REYCHLER

Director

Ended

At this address

Other companies at this address

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ACBM● Liquidation	0475.696.710
B.S.H.● Liquidation	0471.546.890
Irmaos Invest● Active	1027.395.492
LE FORGERON● Active	1003.477.470
POP INVESTMENT ASSOCIATES● Liquidation	0475.289.904
THE LANE BRUGES● Active	1006.178.228

Annual accounts

Full financial information

	2025	2024	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/10/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	30/09/2025	30/09/2024	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	21 months	12 months	12 months	12 months	12 months
Filing date	30/04/2026	29/04/2025	02/08/2023	29/07/2022	18/08/2021	06/10/2020
General meeting	31/03/2026	31/03/2025	30/06/2023	30/06/2022	30/06/2021	08/09/2020
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	30/09/2025	31/03/2026	30/04/2026	Dutch	PDF
Abridged model	30/09/2024	31/03/2025	29/04/2025	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	02/08/2023	Dutch	PDF
Abridged model	31/12/2021	30/06/2022	29/07/2022	Dutch	PDF
Abridged model	31/12/2020	30/06/2021	18/08/2021	Dutch	PDF
Abridged model	31/12/2019	08/09/2020	06/10/2020	Dutch	PDF
Abridged model	31/12/2018	30/06/2019	30/07/2019	Dutch	PDF
Abridged model	31/12/2017	30/06/2018	31/07/2018	Dutch	PDF
Micro model	31/12/2016	30/06/2017	28/07/2017	Dutch	PDF
Abridged model	31/12/2015	28/05/2016	27/07/2016	Dutch	PDF
Abridged model	31/12/2014	23/05/2015	26/08/2015	Dutch	PDF
Abridged model	31/12/2013	24/05/2014	25/08/2014	Dutch	PDF
Abridged model	31/12/2012	25/05/2013	30/07/2013	Dutch	PDF
Abridged model	31/12/2011	26/05/2012	29/06/2012	Dutch	PDF
Abridged model	31/12/2010	28/05/2011	08/06/2011	Dutch	PDF
Abridged model	31/12/2009	22/05/2010	16/06/2010	Dutch	PDF
Abridged model	31/12/2008	23/05/2009	09/06/2009	Dutch	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 30/09/2025 · 2 active · 10 ended

Active mandates

Benedicte Reychler

Director · since 07 décembre 2015

Active

Kristof Lamberigts

Director · since 04 août 2008

Active

Ended mandates

BENEDICTE REYCHLER

Manager · since 07 décembre 2015

Ended

KRISTOF LAMBERIGTS

Manager · since 04 novembre 2008

Ended

STEVEN BORGERHOFF

Manager · since 04 novembre 2008

Ended

BENEDICTE REYCHLER

Director

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates05/02/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - BENAMING - DIVERSEN - DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
PDF
Mandates10/11/2020
ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
PDF
Mandates29/12/2015
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Registered office21/01/2010
MAATSCHAPPELIJKE ZETEL
PDF
Mandates19/12/2008
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/07/2008
ONTSLAGEN - BENOEMINGEN
PDF
Other16/04/2007
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 2025-165,4 k €↓
2024
Annual accounts 2024-8,4 k €↓
2024
Name changeBourgade
2022
Annual accounts 2022196,6 k €↑
2021
Annual accounts 202188,2 k €↓
2021
Name changeYour Bestseller
2020
Annual accounts 2020126,5 k €↑
2019
Annual accounts 201996,7 k €↓
2018
Annual accounts 2018165,1 k €↑
2017
Annual accounts 2017147,2 k €↑
2016
Annual accounts 2016115,2 k €↑
2015
Annual accounts 2015-87 k €↓
2014
Annual accounts 2014766,3 €↑
2013
Annual accounts 2013-5,8 k €↑
2012
Annual accounts 2012-6 k €↓
2011
Annual accounts 2011-1 k €↓
2010
Annual accounts 2010441 €↑
2009
Annual accounts 2009328 €↑
2008
Annual accounts 2008-8,3 k €
05/04/2007
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

Bourgade

Overview

What does Bourgade 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