ACTIVE

BRUNARY

Financial year 2025 · Closed on 31/12/2025

Net result146,6 k €-3,2 %over 1 year

Gross margin-5,1 k €+53,2 %over 1 year

Equity22,9 M €+0,6 %over 1 year

Identity

Source · BCE/KBO

BRUNARY is a Public 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 0894.469.167
Incorporation: 26/12/2007
Legal form: Public limited company
Registered office: Avenue de la Ramée 11
1180 Uccle · BruxellesSee on map
Contributed capital: 968 600,00 €
Latest accounts: 31/12/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflow

Financials

Source · NBB, 19 filings

Trend over 18 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	-5,1 k €	+53.2%	-10,8 k €	+38.8%	-17,7 k €	-89.6%	-9,3 k €	+96.6%	-272,2 k €
EBITDA	-17 k €	+14.4%	-19,9 k €	+27.9%	-27,5 k €	-170%	-10,2 k €	+96.3%	-273,1 k €
Operating result	-17,2 k €	+18.0%	-21 k €	+37.4%	-33,6 k €	-118%	-15,4 k €	+94.4%	-273,1 k €
Net result	146,6 k €	-3.2%	151,5 k €	+178%	-195,1 k €	-396%	65,9 k €	-99.6%	16,8 M €
Balance sheet
Equity	22,9 M €	+0.6%	22,7 M €	+0.7%	22,6 M €	-0.9%	22,8 M €	+0.3%	22,7 M €
Total assets	27,5 M €	+0.7%	27,3 M €	+21.1%	22,6 M €	-7.6%	24,4 M €	+0.2%	24,4 M €
Cash	141,8 k €	-94.0%	2,4 M €	+569%	355,9 k €	-86.8%	2,7 M €	-37.8%	4,3 M €
Debts	4,6 M €	+0.0%	4,6 M €	+140100%	3,3 k €	-99.8%	1,7 M €	-0.8%	1,7 M €

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Stéphanie Cuif	Directorsince 01/01/2010

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Callebaut Beeckman consulting & advise0806.643.981Represented by Nicolas Callebaut	Director25/10/2016 → 2023 accounts
Guilbert xavier	Director14/06/2022 → 2023 accounts

Other companies at this address

Avenue de la Ramée 11 1180 Uccle

Company	CBE no.
Marnary● Active	0765.935.457

Full financial information

Source · NBB

	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	31/07/2026	31/07/2025	30/07/2024	07/07/2023	15/07/2022	12/07/2021
General meeting	15/06/2026	16/06/2025	15/06/2024	15/06/2023	14/06/2022	15/06/2021
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 · NBB

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Annual accounts filings

Source · NBB, 19 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	15/06/2026	31/07/2026	French	PDF
Abridged model	31/12/2024	16/06/2025	31/07/2025	French	PDF
Abridged model	31/12/2023	15/06/2024	30/07/2024	French	PDF
Abridged model	31/12/2022	15/06/2023	07/07/2023	French	PDF
Abridged model	31/12/2021	14/06/2022	15/07/2022	French	PDF
Abridged model	31/12/2020	15/06/2021	12/07/2021	French	PDF
Abridged model	31/12/2019	23/06/2020	20/08/2020	French	PDF
Micro model	31/12/2018	21/06/2019	19/07/2019	French	PDF
Abridged model	31/12/2017	22/06/2018	21/07/2018	French	PDF
Micro model	31/12/2016	15/06/2017	27/06/2017	French	PDF
Abridged model	31/12/2015	14/06/2016	13/07/2016	French	PDF
Abridged model	31/12/2014	19/06/2015	27/08/2015	French	PDF
Abridged model	31/12/2013	16/06/2014	22/07/2014	French	PDF
Abridged model	31/12/2012	21/06/2013	29/06/2013	French	PDF
Abridged model	31/12/2011	29/06/2012	09/08/2012	French	PDF
Abridged model	31/12/2010	27/06/2011	13/07/2011	French	PDF
Abridged modelCorrection	31/12/2009	15/06/2010	04/09/2010	French	PDF
Abridged model	31/12/2009	15/06/2010	30/08/2010	French	PDF
Abridged model	31/12/2008	15/06/2009	28/08/2009	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Stéphanie Cuif	Directorsince 01/01/2010

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Callebaut Beeckman consulting & advise0806.643.981Represented by Nicolas Callebaut	Director25/10/2016 → 2023 accounts
Guilbert xavier	Director14/06/2022 → 2023 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates06/06/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates07/12/2016
DEMISSIONS, NOMINATIONS
PDF
Capital / shares16/01/2015
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates11/12/2012
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Mandates25/01/2011
OBJET - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE
PDF
Capital / shares14/07/2010
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Other07/01/2008
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings18 filings

Mandates

STEPHANIE CUIF

Callebaut Beeckman consulting & advise

Guilbert xavier

20072008200920102011201220132014201520162017201820192020202120222023202420252026

BRUNARY

Avenue de la Ramée 11, 1180 Uccle

Director

ManagerDirector

DirectorManaging director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Avenue de la Ramée 11, 1180 UccleCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00361701

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
BRUNARYCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00361701

Events

2025
Annual accounts 2025146,6 k €↓
2024
Annual accounts 2024151,5 k €↑
2023
Annual accounts 2023-195,1 k €↓
2022
Annual accounts 202265,9 k €↓
2021
Annual accounts 202116,8 M €↑
2020
Annual accounts 202044,1 k €↓
2019
Annual accounts 201948,9 k €↑
2018
Annual accounts 20181,3 k €↓
2017
Annual accounts 20172,3 M €↓
2016
Annual accounts 20162,5 M €↑
2015
Annual accounts 201529,8 k €↑
2014
Annual accounts 201421,9 k €↑
2013
Annual accounts 20137,9 k €↑
2012
Annual accounts 2012-3,6 k €↓
2011
Annual accounts 2011-2,1 k €↓
2010
Annual accounts 201032,6 k €↓
2009
Annual accounts 200968 k €↑
2008
Annual accounts 2008-29,6 k €
26/12/2007
IncorporationPublic limited company

BRUNARY

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events