ACTIVE

BRS Solutions

Financial year 2025 · closed on 31/12/2025
Net result
-1,3 M €
-171.4% YoY
Revenue
5,6 M €
+13.0% YoY
Equity
-1,2 M €
-1249.8% YoY
Workforce
25,6 ETP
+30.6% YoY

What does BRS Solutions do?

BRS Solutions is a Private limited company incorporated in 2007. Its main activity is: Manufacture of furniture. Its registered office is in Wellen. It employs on average 25,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0888.600.766
Incorporation
06/04/2007
Legal form
Private limited company
Registered office
Bodemstraat 12
3830 Wellen · FlandreSee on map
Contributed capital
1 200 000,00 €
Latest accounts
31/12/2025
Average workforce
25,6 ETP
Joint committees (2)
  • 126
  • 218
Signals
Good liquidityHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202019201820172016201520142013201220112011201020092008
Income statement
Revenue5,6 M €4,9 M €4,8 M €4,5 M €5,4 M €5,6 M €5,7 M €7 M €7,8 M €6 M €5,9 M €5,7 M €4,9 M €3,6 M €1,5 M €108,6 k €
EBITDA-1,1 M €-425,2 k €-268,7 k €1,2 k €-258,4 k €757,9 k €22,4 k €100,3 k €-179,5 k €420,8 k €429 k €327,8 k €351,2 k €306,3 k €150,9 k €39,9 k €-555,2 €-2 k €-9,5 k €
Operating result-1,1 M €-425,2 k €-269,6 k €1,2 k €-258,4 k €699,5 k €-358,5 k €32,6 k €-708,4 k €48,8 k €109,5 k €90,7 k €75,1 k €114,6 k €52,7 k €31,4 k €-764,3 €-2,2 k €-10,8 k €
Net result-1,3 M €-465,8 k €-393,5 k €1,3 k €-272,3 k €677 k €-373,4 k €22,1 k €-632,8 k €3 k €7,7 k €4,9 k €8,3 k €9,5 k €5,1 k €18 k €-2,5 k €-3,6 k €-11,7 k €
Balance sheet
Equity-1,2 M €101,1 k €566,9 k €960,4 k €959,2 k €1,2 M €554,6 k €927,9 k €905,9 k €1,5 M €1,5 M €1 M €1 M €1 M €505,2 k €100,1 k €693,7 €-9,2 k €-5,5 k €
Total assets1,7 M €1,7 M €1,7 M €1,8 M €1,7 M €1,9 M €2,7 M €3,1 M €4,8 M €5,1 M €4,2 M €4,3 M €3,3 M €2,3 M €1,1 M €607,6 k €2,9 k €7,5 k €7,4 k €
Cash28,8 k €9,6 k €38,6 k €208,9 k €65,2 k €179,9 k €99,3 k €79 k €78,8 k €59,5 k €112,8 k €22,8 k €55,7 k €1,5 k €9,3 k €107,1 k €1,3 k €649 €303,5 €
Debts2,8 M €1,6 M €1,1 M €846,6 k €692,4 k €676,2 k €2,1 M €2,2 M €3,9 M €3,5 M €2,7 M €3,2 M €2,2 M €1,3 M €630,8 k €507,4 k €1,9 k €16,7 k €12,9 k €
Other
Workforce25,6 ETP19,6 ETP19,2 ETP20,3 ETP23,6 ETP24,7 ETP28,7 ETP27,1 ETP27,2 ETP30,0 ETP24,9 ETP16,9 ETP14,6 ETP10,6 ETP7,8 ETP7,8 ETP
Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 21 ended

Active mandates

Stijn GROMMEN

Managing director · since 25 septembre 2023 · until 03 avril 2026

Active
Cedric DE MOL

Director · since 15 juin 2023 · until 27 septembre 2029

Active
Fernando UNGARO

Director · since 15 juin 2023

Active
Geert RAES

Director · since 15 juin 2023 · until 18 mars 2025

Active

Ended mandates

Stijn GROMMEN

Managing director · since 25 septembre 2023

Ended
Cedric DE MOL

Director · since 25 juin 2023

Ended
Geert RAES

Director · since 15 juin 2023

Ended
Hans VAN DUYSEN

Chairman of the board of directors · since 15 juin 2023

Ended
At this address

Other companies at this address

CompanyCBE no.
0552.814.381
MATRALATActive
0880.255.303
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date15/06/202617/06/202529/05/202431/05/202311/05/202212/02/2021
General meeting12/06/202623/04/202515/05/202417/05/202311/05/202212/02/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202512/06/202615/06/2026DutchPDF
Abridged model31/12/202423/04/202517/06/2025DutchPDF
Abridged model31/12/202315/05/202429/05/2024DutchPDF
Abridged model31/12/202217/05/202331/05/2023DutchPDF
Abridged model31/12/202111/05/202211/05/2022DutchPDF
Abridged model31/12/202012/02/202112/02/2021DutchPDF
Abridged model31/12/201915/06/202025/06/2020DutchPDF
Abridged model31/12/201829/01/201929/01/2019DutchPDF
Abridged model31/12/201715/06/201820/06/2018DutchPDF
Abridged model31/12/201615/06/201721/06/2017DutchPDF
Abridged model31/12/201530/03/201630/03/2016DutchPDF
Abridged model31/12/201415/06/201519/06/2015DutchPDF
Abridged model31/12/201316/06/201416/06/2014DutchPDF
Abridged model31/12/201205/03/201308/03/2013DutchPDF
Abridged model31/12/201122/03/201222/03/2012DutchPDF
Abridged model30/06/201110/10/201118/11/2011DutchPDF
Abridged model30/06/201024/12/201026/01/2011DutchPDF
Abridged model30/06/200918/12/200922/12/2009DutchPDF
Abridged model30/06/200826/12/200830/01/2009DutchPDF
Estimate

Indicative valuation

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 · 4 active · 21 ended

Active mandates

Stijn GROMMEN

Managing director · since 25 septembre 2023 · until 03 avril 2026

Active
Cedric DE MOL

Director · since 15 juin 2023 · until 27 septembre 2029

Active
Fernando UNGARO

Director · since 15 juin 2023

Active
Geert RAES

Director · since 15 juin 2023 · until 18 mars 2025

Active

Ended mandates

Stijn GROMMEN

Managing director · since 25 septembre 2023

Ended
Cedric DE MOL

Director · since 25 juin 2023

Ended
Geert RAES

Director · since 15 juin 2023

Ended
Hans VAN DUYSEN

Chairman of the board of directors · since 15 juin 2023

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other11/06/2026
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING - DIVERSEN - DOEL
    PDF
  • Mandates06/05/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/10/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/04/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/10/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/10/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates01/08/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/11/2022
    ONTSLAGEN - BENOEMINGEN
    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

Timeline

  1. 2025
    Annual accounts 2025-1,3 M €
  2. 2025
    Name changeBRS Solutions
  3. 2024
    Annual accounts 2024-465,8 k €
  4. 2023
    Annual accounts 2023-393,5 k €
  5. 2022
    Annual accounts 20221,3 k €
  6. 2021
    Annual accounts 2021-272,3 k €
  7. 2021
    Name changeRako Sleep Systems
  8. 2020
    Annual accounts 2020677 k €
  9. 2019
    Annual accounts 2019-373,4 k €
  10. 2018
    Annual accounts 201822,1 k €
  11. 2017
    Annual accounts 2017-632,8 k €
  12. 2016
    Annual accounts 20163 k €
  13. 2015
    Annual accounts 20157,7 k €
  14. 2014
    Annual accounts 20144,9 k €
  15. 2013
    Annual accounts 20138,3 k €
  16. 2012
    Annual accounts 20129,5 k €
  17. 2011
    Annual accounts 20115,1 k €
  18. 2011
    Annual accounts 201118 k €
  19. 2010
    Annual accounts 2010-2,5 k €
  20. 2009
    Annual accounts 2009-3,6 k €
  21. 2008
    Annual accounts 2008-11,7 k €
  22. 06/04/2007
    IncorporationPrivate limited company