ACTIVE

SUBUNA

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Financial year 2025 · closed on 31/12/2025

Net result

323,9 k €

-46.7% YoY

Gross margin

367,7 k €

-29.9% YoY

Equity

3,6 M €

-13.4% YoY

What does SUBUNA do?

SUBUNA is a Private limited company incorporated in 2007. Its main activity is: Management consultancy activities. Its registered office is in Uccle.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0891.228.179

Incorporation

02/08/2007

Legal form

Private limited company

Registered office

Avenue du Prince d'Orange 87
1180 Uccle · BruxellesSee on map

Contributed capital

6 200,00 €

Latest accounts

31/12/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74142Specialised design activities

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	367,7 k €	-29.9%	524,8 k €	+7.4%	488,6 k €	-70.2%	1,6 M €	-3.1%	1,7 M €	+322%	401,3 k €	-69.9%	1,3 M €	+312%	323,9 k €	+15.4%	280,8 k €	+0.9%	278,4 k €	-1.6%	282,9 k €	-1.7%	288 k €	+7.5%	267,9 k €	+8.1%	247,8 k €	-1.4%	251,4 k €	-7.6%	272 k €	+137%	114,7 k €	-50.1%	230,1 k €	+32.2%	174 k €
EBITDA	338,9 k €	-34.5%	517,6 k €	+6.6%	485,5 k €	-70.3%	1,6 M €	-3.3%	1,7 M €	+328%	395,7 k €	-70.2%	1,3 M €	+312%	322,6 k €	+15.2%	280 k €	+0.9%	277,6 k €	-1.6%	282,1 k €	-1.6%	286,8 k €	+7.5%	266,9 k €	+8.0%	247,1 k €	-1.3%	250,2 k €	-7.8%	271,4 k €	+137%	114,3 k €	-50.2%	229,6 k €	+32.3%	173,6 k €
Operating result	326,3 k €	-35.6%	506,8 k €	+7.5%	471,3 k €	-70.9%	1,6 M €	-3.9%	1,7 M €	+340%	383,8 k €	-70.9%	1,3 M €	+309%	322,6 k €	+15.2%	280 k €	+1.0%	277,1 k €	-1.4%	281 k €	+0.7%	279,1 k €	+7.9%	258,7 k €	+8.2%	239,1 k €	-1.7%	243,2 k €	-7.9%	264,2 k €	+135%	112,6 k €	-50.7%	228,2 k €	+31.8%	173,2 k €
Net result	323,9 k €	-46.7%	607,1 k €	+44.1%	421,4 k €	-42.4%	731,2 k €	-34.1%	1,1 M €	+318%	265,4 k €	-69.6%	873,8 k €	+308%	214,4 k €	+33.1%	161 k €	-25.1%	215,1 k €	+0.1%	214,8 k €	+29.0%	166,5 k €	+0.6%	165,5 k €	-0.4%	166,2 k €	+0.0%	166,2 k €	-7.1%	179 k €	+76.9%	101,2 k €	-33.9%	153,2 k €	+31.1%	116,8 k €
Balance sheet
Equity	3,6 M €	-13.4%	4,1 M €	+10.6%	3,7 M €	+7.5%	3,5 M €	+17.5%	2,9 M €	+43.7%	2,1 M €	+5.1%	2 M €	+81.1%	1,1 M €	+24.8%	863,3 k €	+22.9%	702,3 k €	+44.1%	487,3 k €	+78.9%	272,4 k €	+157%	105,9 k €	-24.6%	140,4 k €	-19.4%	174,2 k €	-26.8%	237,9 k €	-32.7%	353,4 k €	+27.9%	276,2 k €	+125%	123 k €
Total assets	3,7 M €	-13.2%	4,2 M €	+8.8%	3,9 M €	+4.5%	3,7 M €	+16.3%	3,2 M €	+43.3%	2,2 M €	+0.9%	2,2 M €	+96.0%	1,1 M €	+28.2%	879,1 k €	+19.4%	736,2 k €	+34.8%	546 k €	+79.1%	304,9 k €	-2.3%	312 k €	-10.6%	349,1 k €	+67.5%	208,4 k €	-25.9%	281,1 k €	-41.5%	480,4 k €	+17.0%	410,6 k €	+111%	194,5 k €
Cash	1,8 M €	+205%	576,5 k €	-9.7%	638,2 k €	-73.6%	2,4 M €	+19.1%	2 M €	+9.1%	1,9 M €	-10.3%	2,1 M €	+99.1%	1 M €	+37.9%	756,4 k €	+29.9%	582,4 k €	+44.8%	402,3 k €	+100%	200,8 k €	+30.6%	153,8 k €	-40.5%	258,4 k €	+101%	128,5 k €	-26.9%	175,8 k €	-60.5%	444,7 k €	+17.0%	380 k €	+118%	174,3 k €
Debts	97,1 k €	-5.6%	102,8 k €	-33.8%	155,5 k €	-37.8%	250 k €	+1.8%	245,6 k €	+38.7%	177 k €	-31.1%	256,8 k €	+425%	48,9 k €	+218%	15,4 k €	-54.5%	33,8 k €	-42.5%	58,8 k €	+96.7%	29,9 k €	-85.5%	206,1 k €	-1.2%	208,6 k €	+510%	34,2 k €	-17.7%	41,6 k €	-67.3%	127 k €	-5.5%	134,4 k €	+88.0%	71,5 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

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

Active mandates

Patrice Decafmeyer

Mandate

Active

Ended mandates

Patrice DECAFMEYER

Manager · since 01 août 2007

Ended

At this address

Other companies at this address

Company	CBE no.
DOREMIFAB● Active	0537.529.755

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	09/07/2026	28/07/2025	29/08/2024	31/07/2023	07/07/2022	28/07/2021
General meeting	10/06/2026	30/06/2025	30/06/2024	30/06/2023	30/06/2022	29/06/2021
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

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Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	10/06/2026	09/07/2026	French	PDF
Abridged model	31/12/2024	30/06/2025	28/07/2025	French	PDF
Abridged model	31/12/2023	30/06/2024	29/08/2024	French	PDF
Abridged model	31/12/2022	30/06/2023	31/07/2023	French	PDF
Abridged model	31/12/2021	30/06/2022	07/07/2022	French	PDF
Abridged model	31/12/2020	29/06/2021	28/07/2021	French	PDF
Abridged model	31/12/2019	29/06/2020	23/07/2020	French	PDF
Abridged model	31/12/2018	21/06/2019	09/07/2019	French	PDF
Abridged model	31/12/2017	19/06/2018	04/07/2018	French	PDF
Micro model	31/12/2016	27/06/2017	24/07/2017	French	PDF
Abridged model	31/12/2015	19/06/2016	15/07/2016	French	PDF
Abridged model	31/12/2014	25/06/2015	23/07/2015	French	PDF
Abridged model	31/12/2013	27/06/2014	15/07/2014	French	PDF
Abridged model	31/12/2012	28/06/2013	24/07/2013	French	PDF
Abridged model	31/12/2011	29/06/2012	27/07/2012	French	PDF
Abridged model	31/12/2010	27/06/2011	20/07/2011	French	PDF
Abridged model	31/12/2009	30/06/2010	27/07/2010	French	PDF
Abridged model	31/12/2008	30/06/2009	17/07/2009	French	PDF
Abridged model	31/12/2007	16/06/2008	10/07/2008	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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

Patrice Decafmeyer

Mandate

Active

Ended mandates

Patrice DECAFMEYER

Manager · since 01 août 2007

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates19/06/2026
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Mandates16/08/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
PDF
Registered office13/04/2015
SIEGE SOCIAL
PDF
Registered office30/12/2010
SIEGE SOCIAL
PDF
Other10/08/2007
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
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 2025323,9 k €↓
2024
Annual accounts 2024607,1 k €↑
2023
Annual accounts 2023421,4 k €↓
2022
Annual accounts 2022731,2 k €↓
2021
Annual accounts 20211,1 M €↑
2020
Annual accounts 2020265,4 k €↓
2019
Annual accounts 2019873,8 k €↑
2018
Annual accounts 2018214,4 k €↑
2017
Annual accounts 2017161 k €↓
2016
Annual accounts 2016215,1 k €↑
2015
Annual accounts 2015214,8 k €↑
2014
Annual accounts 2014166,5 k €↑
2013
Annual accounts 2013165,5 k €↓
2012
Annual accounts 2012166,2 k €↑
2011
Annual accounts 2011166,2 k €↓
2010
Annual accounts 2010179 k €↑
2009
Annual accounts 2009101,2 k €↓
2008
Annual accounts 2008153,2 k €↑
2007
Annual accounts 2007116,8 k €
02/08/2007
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

SUBUNA

Overview

What does SUBUNA do?

Trend over 19 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