Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
HARAS DE LA BIERLAIRE from Gerpinnes, company number BE0428090494, closed financial year 2025 with a result of € -138,356 after tax. For that financial year HARAS DE LA BIERLAIRE recorded a gross margin of € 9,533 and equity of € 1.7 million. Compared with financial year 2024, the result moved from € -107,682 to € -138,356. The company made a loss. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 6, 2026.
€ 1.7 million
▲ 14% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -138,356
▼ 28 % more loss than in 2024
Profit after tax over the fiscal year.
€ 123,711
▲ € 97,340 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -108,609.
People and assets in 2025
3
▼ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 122,382
▼ 5% vs 2024
€ 40,800 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 45,398
▲ 35% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 13,798
▲ 5% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -130,317 | € 17,002 | € 45,491 | € 9,533 | ▼ 79% |
| Profit after taxes | € -259,589 | € -111,084 | € -107,682 | € -138,356 | ▼ € 30,675 |
| Equity | € 1,693,886 | € 1,582,802 | € 1,475,120 | € 1,686,764 | ▲ 14% |
| Total debts | € 65,776 | € 179,347 | € 204,055 | € 61,625 | ▼ 70% |
| Cash | € 13,783 | € 80,293 | € 26,371 | € 123,711 | ▲ € 97,340 |
| Land & buildings | € 1,648,291 | € 1,638,242 | € 1,628,194 | € 1,618,146 | ▼ 1% |
| Retained profit | € -1,515,310 | € -1,626,394 | € -1,734,076 | € -108,609 | ▲ € 1.6 million |
| Bank debt | € 0 | € 120,000 | € 156,009 | € 0 | ▼ 100% |
| Balance sheet total | € 1,759,662 | € 1,762,148 | € 1,679,175 | € 1,748,388 | ▲ 4% |
| Employees (FTE) | 2.7 | 3.4 | 3.4 | 3 | ▼ 0.4 |
Key figures of HARAS DE LA BIERLAIRE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to HARAS DE LA BIERLAIRE?
What happened at HARAS DE LA BIERLAIRE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Alexandre HOLVOET stepped down as director. NBB
- William FRERE stepped down as director. NBB
- Béatrice de RUDDER stepped down as director. NBB
- Cedric FRERE stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 138,356. Source: NBB ↗
- Alexandre HOLVOET became a director. NBB
- William FRERE became a director. NBB
- Béatrice de RUDDER became a director. NBB
In short
From € 259,589 loss in 2022 to € 138,356 loss in 2025.
On average € 3,200 of value added per employee in 2025.
A new publication or filing at HARAS DE LA BIERLAIRE? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of Frère-Bourgeois Holding comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
HARAS DE LA BIERLAIREThe shares are held by Frère-Bourgeois Holding (100%).
Directors
According to the 2025 annual accounts
William FRERE
Director
Also active at: Financière de la Sambre, Investeringsmaatschappij Orion, CAROLOREGIENNE DE PARTICIPATIONS, COMPAGNIE NATIONALE A PORTEFEUILLE, Fondation Charles-Albert Frère, LA BIERLAIRE, Frère-Bourgeois Holding, 2K +1 more
since 2022 · until 2028
Béatrice de RUDDER
Director
since 2021 · until 2027
Alexandre HOLVOET
Director
Also active at: BSS Investments, DELCORTIL, MANOIR DE ROUMONT, ANDES INVEST
since 2023 · until 2029
Cedric FRERE
Chairman of the board
Also active at: Investeringsmaatschappij Orion, SOCIETE AGRICOLE DE GERPINNES, Fondation Charles-Albert Frère, GFO, 1E, LA BIERLAIRE, Frère-Bourgeois Holding, 2K +2 more
since 2021 · until 2027
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue de la Blanche Borne(LOV) 12
6280 Gerpinnes
Try des Marais(Tar) 14
5651 Walcourt
Active since 30 November 2006
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →COMPAGNIE NATIONALE A PORTEFEUILLE same network
€ 4 million revenue · 2025
SOCIETE AGRICOLE DE GERPINNES same network
€ -35,320 gross margin · 2025
Frère-Bourgeois Holding same network
€ 36,655 revenue · 2025
DELCORTIL same network
€ -20,994 gross margin · 2025
MANOIR DE ROUMONT same network
€ 43,269 gross margin · 2025
+1 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0428.090.494
- VAT number
- BE 0428.090.494
- Registered office
- Rue de la Blanche Borne(LOV) 12, 6280 Gerpinnes
- Names & denominations
- HARAS DE LA BIERLAIRE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 3 December 1985
- Peppol
- Active · Active since 22 Aug 2025
- Activities · NACE
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