ACTIVE

VAN BREE-DARBINYAN

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Financial year 2025 · closed on 31/12/2025

Net result

321,4 k €

+57.0% YoY

Gross margin

730,4 k €

+13.1% YoY

Equity

1,4 M €

+28.5% YoY

Workforce

3,0 ETP

What does VAN BREE-DARBINYAN do?

VAN BREE-DARBINYAN is a Private company with limited liability incorporated in 2008. Its main activity is: Dental practice activities. Its registered office is in Etterbeek. It employs on average 3,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0898.138.539

Incorporation

26/05/2008

Legal form

Private company with limited liability

Registered office

Boulevard Louis Schmidt 43 box 7
1040 Etterbeek · BruxellesSee on map

Contributed capital

74 400,00 €

Latest accounts

31/12/2025

Average workforce

3,0 ETP

Activities (NACE)

86230Dental practice activities· main 86230Dental practice activities

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009
Income statement
Gross margin	730,4 k €	+13.1%	645,8 k €	+3.7%	622,5 k €	+16.0%	536,8 k €	+16.5%	460,8 k €	+58.5%	290,7 k €	-4.7%	305,1 k €	+18.4%	257,7 k €	+4.4%	246,9 k €	+18.2%	208,9 k €	+48.4%	140,8 k €	-15.7%	167 k €	+12.1%	149 k €	-31.9%	218,6 k €	+43.3%	152,6 k €	+45.2%	105 k €	-58.4%	252,8 k €
EBITDA	557,4 k €	+16.6%	477,8 k €	+1.7%	470 k €	+22.9%	382,3 k €	+10.1%	347,3 k €	+56.2%	222,3 k €	-4.0%	231,7 k €	+26.5%	183,2 k €	-4.3%	191,5 k €	+20.8%	158,5 k €	+62.3%	97,6 k €	-33.4%	146,7 k €	+18.2%	124,1 k €	-35.9%	193,6 k €	+32.1%	146,5 k €	+44.3%	101,5 k €	-59.1%	247,9 k €
Operating result	459,4 k €	+51.8%	302,7 k €	-21.9%	387,5 k €	+24.7%	310,8 k €	+14.2%	272,2 k €	+70.1%	160,1 k €	-10.3%	178,5 k €	+23.5%	144,5 k €	+42.1%	101,7 k €	-12.9%	116,7 k €	+163%	44,3 k €	-49.9%	88,5 k €	+51.9%	58,3 k €	-47.1%	110,2 k €	+61.5%	68,2 k €	+281%	17,9 k €	-73.4%	67,3 k €
Net result	321,4 k €	+57.0%	204,7 k €	-21.6%	261,2 k €	+28.6%	203,1 k €	+17.3%	173,2 k €	+19.4%	145 k €	+5.6%	137,3 k €	+34.4%	102,1 k €	+78.4%	57,2 k €	-15.0%	67,3 k €	+109%	32,1 k €	-60.5%	81,3 k €	+168%	30,4 k €	-55.0%	67,5 k €	+59.2%	42,4 k €	+17292%	-246,6 €	-101%	24,1 k €
Balance sheet
Equity	1,4 M €	+28.5%	1,1 M €	+22.2%	923,8 k €	+39.4%	662,6 k €	-4.3%	692,3 k €	+33.4%	519,2 k €	+38.8%	374,2 k €	+58.0%	236,9 k €	-0.7%	238,5 k €	+11.6%	213,7 k €	+46.0%	146,4 k €	-24.6%	194,2 k €	+72.0%	112,9 k €	-13.4%	130,3 k €	-32.9%	194,3 k €	+27.9%	151,9 k €	-0.2%	152,1 k €
Total assets	2,9 M €	+23.1%	2,3 M €	+35.0%	1,7 M €	-0.2%	1,7 M €	-3.4%	1,8 M €	-6.9%	1,9 M €	+82.1%	1,1 M €	+16.9%	904,6 k €	-0.0%	904,9 k €	+80.4%	501,7 k €	+3.2%	486,3 k €	-9.4%	536,9 k €	-11.9%	609,2 k €	+11.9%	544,6 k €	-17.0%	655,9 k €	+9.9%	596,8 k €	-3.3%	617,3 k €
Cash	474,3 k €	+194%	161,6 k €	-61.5%	419,8 k €	+54.6%	271,5 k €	+19.2%	227,8 k €	-19.4%	282,6 k €	+31.3%	215,3 k €	+19.0%	181 k €	+27.6%	141,9 k €	-0.7%	142,8 k €	-3.8%	148,5 k €	+35.4%	109,7 k €	+4.7%	104,8 k €	+37.8%	76 k €	-0.0%	76 k €	+206%	24,8 k €	+12.5%	22,1 k €
Debts	1,4 M €	+17.8%	1,2 M €	+51.3%	777,3 k €	-25.7%	1 M €	-3.2%	1,1 M €	-23.1%	1,4 M €	+109%	672,3 k €	+0.9%	666,5 k €	+0.2%	665,1 k €	+132%	287,2 k €	-15.3%	339 k €	-0.8%	341,7 k €	-31.0%	495,2 k €	+19.9%	413 k €	-10.3%	460,2 k €	+3.7%	443,6 k €	-4.1%	462,7 k €
Other
Workforce	3,0 ETP		–		–		2,8 ETP	+21.7%	2,3 ETP	+15.0%	2,0 ETP	+42.9%	1,4 ETP	-26.3%	1,9 ETP	0.0%	1,9 ETP		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 3 ended

Active mandates

Mina DARBINYAN

Director

Active

Sébastien VAN BREE

Director

Active

Ended mandates

Hripsime DARBINYAN

Manager

Ended

Mina DARBINYAN

Manager

Ended

Sébastien VAN BREE

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
Association des copropriétaires de l'immeuble à Etterbeek , boulevard Louis Schmidt et boulevard Saint-Michel● Active	0832.762.618
LYCEUM CLUB INTERNATIONAL DE BELGIQUE● Active	0825.270.258
QWAN KI DO - ECOLE DE LA MANTE RELIGIEUSE● Active	0818.093.545

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Micro model	Micro 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	30/07/2026	31/08/2025	30/08/2024	31/08/2023	29/08/2022	31/08/2021
General meeting	26/06/2026	27/06/2025	28/06/2024	30/06/2023	24/06/2022	25/06/2021
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

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	26/06/2026	30/07/2026	French	PDF
Micro model	31/12/2024	27/06/2025	31/08/2025	French	PDF
Micro model	31/12/2023	28/06/2024	30/08/2024	French	PDF
Abridged model	31/12/2022	30/06/2023	31/08/2023	French	PDF
Abridged model	31/12/2021	24/06/2022	29/08/2022	French	PDF
Abridged model	31/12/2020	25/06/2021	31/08/2021	French	PDF
Abridged model	31/12/2019	26/06/2020	22/09/2020	French	PDF
Abridged model	31/12/2018	28/06/2019	30/08/2019	French	PDF
Abridged model	31/12/2017	29/06/2018	31/08/2018	French	PDF
Abridged model	31/12/2016	30/06/2017	31/08/2017	French	PDF
Abridged model	31/12/2015	24/06/2016	31/08/2016	French	PDF
Abridged model	31/12/2014	26/06/2015	31/08/2015	French	PDF
Abridged modelCorrection	31/12/2013	27/06/2014	30/09/2014	French	PDF
Abridged model	31/12/2013	27/06/2014	30/08/2014	French	PDF
Abridged model	31/12/2012	28/06/2013	30/08/2013	French	PDF
Abridged model	31/12/2011	29/06/2012	31/08/2012	French	PDF
Abridged model	31/12/2010	24/06/2011	31/08/2011	French	PDF
Abridged model	31/12/2009	25/06/2010	31/08/2010	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 · 2 active · 3 ended

Active mandates

Mina DARBINYAN

Director

Active

Sébastien VAN BREE

Director

Active

Ended mandates

Hripsime DARBINYAN

Manager

Ended

Mina DARBINYAN

Manager

Ended

Sébastien VAN BREE

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Capital / shares01/02/2018
CAPITAL, ACTIONS
PDF
Mandates24/04/2014
DEMISSIONS, NOMINATIONS
PDF
Capital / shares27/01/2014
CAPITAL, ACTIONS
PDF
Other26/11/2013
DIVERS
PDF
Capital / shares31/07/2012
CAPITAL, ACTIONS
PDF
Other28/05/2008
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 2025321,4 k €↑
2024
Annual accounts 2024204,7 k €↓
2023
Annual accounts 2023261,2 k €↑
2022
Annual accounts 2022203,1 k €↑
2021
Annual accounts 2021173,2 k €↑
2020
Annual accounts 2020145 k €↑
2019
Annual accounts 2019137,3 k €↑
2018
Annual accounts 2018102,1 k €↑
2017
Annual accounts 201757,2 k €↓
2016
Annual accounts 201667,3 k €↑
2015
Annual accounts 201532,1 k €↓
2014
Annual accounts 201481,3 k €↑
2013
Annual accounts 201330,4 k €↓
2012
Annual accounts 201267,5 k €↑
2011
Annual accounts 201142,4 k €↑
2010
Annual accounts 2010-246,6 €↓
2009
Annual accounts 200924,1 k €
26/05/2008
IncorporationPrivate company with limited liability

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

VAN BREE-DARBINYAN

Overview

What does VAN BREE-DARBINYAN 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