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
BRS from Leuven, company number BE0446437154, closed financial year 2025 with a result of € -84,837 after tax. For that financial year BRS recorded a gross margin of € -105,869 and equity of € 2.4 million. Compared with financial year 2024, the result moved from € -84,732 to € -84,837. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 26, 2026.
€ 2.4 million
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -84,837
Profit after tax over the fiscal year.
€ 128,001
▼ 64% vs 2024
Cash and bank balances on the last day of the fiscal year.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 4,928
▼ 56% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 5,519
▼ 24% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 376,698 | € -102,746 | € -123,856 | € -105,869 | ▲ € 17,987 |
| Profit after taxes | € 372,224 | € -74,561 | € -84,732 | € -84,837 | |
| Equity | € 2,642,016 | € 2,567,455 | € 2,482,723 | € 2,397,886 | ▼ 3% |
| Total debts | € 84,180 | € 60,950 | € 22,506 | € 16,295 | ▼ 28% |
| Cash | € 2,399,826 | € 228,819 | € 353,639 | € 128,001 | ▼ 64% |
| Retained profit | € 1,942,016 | € 1,867,455 | € 1,782,723 | € 1,697,886 | ▼ 5% |
| Balance sheet total | € 2,726,196 | € 2,628,405 | € 2,505,229 | € 2,414,181 | ▼ 4% |
Key figures of BRS, 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 BRS?
What happened at BRS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Bruno Menu stepped down as director. NBB
- Philip Marck stepped down as director. NBB
- Annemie Verhaevert stepped down as director. NBB
- Valérie Lemasson stepped down as director. NBB
- Katia Andries stepped down as director. NBB
- Bart Van Aken stepped down as director. NBB
- Lieven Keppens stepped down as director. NBB
- Johan Tyteca stepped down as director. NBB
In short
From € 372,224 profit in 2022 to € 84,837 loss in 2025.
Best year ever: 2022, with € 372,224 profit.
A new publication or filing at BRS? 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
Directors
According to the 2025 annual accounts
Bruno Menu
Director
since 2025 · until 2028
since 2023 · until 2026
Bart Van Aken
Director
since 2024 · until 2027
Lieven Keppens
Director
since 2024 · until 2027
Philip Marck
Director
since 2025 · until 2028
Annemie Verhaevert
Director
since 2025 · until 2028
Johan Tyteca
Director
since 2024 · until 2027
Valérie Lemasson
Director
since 2025 · until 2028
Stephan Olaerts
Director
Also active at: BRS MICROFINANCE COOP, Rode Kruishotel, Onderzoeks- en Ontwikkelingsfonds Rode Kruis- Vlaanderen, Rode Kruis-Vlaanderen
since 2023 · until 2025
Filip Ferrante
Director
since 2023 · until 2026
Anja De Kimpe
Managing director
Also active at: KBC Commercial Finance, BRS MICROFINANCE COOP, Soluz.io
since 2025 · until 2026
since 2023 · until 2026
Katia Andries
Director
since 2025 · until 2028
since 2023 · until 2026
Frederik Vandepitte
Chairman of the board
Also active at: CERA BEHEERSMAATSCHAPPIJ - CERA SOCIETE DE GESTION, KBC ANCORA, ALMANCORA BEHEERSMAATSCHAPPIJ, BRS MICROFINANCE COOP
since 2024 · until 2027
since 2024 · until 2027
Establishments
Establishment units
Physical locations of this company
Muntstraat 1
3000 Leuven
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
All companies at this address →Cera
€ 19.7 million revenue · 2025
Cera Ancora
CERA BEHEERSMAATSCHAPPIJ - CERA SOCIETE DE GESTION same network
€ 255,932 gross margin · 2025
KBC ANCORA same network
ALMANCORA BEHEERSMAATSCHAPPIJ same network
€ 1,365 gross margin · 2025
+2 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
MICROSOFT-CORP-MSN-AS-BLOCK - Microsoft Corporation, US
Domain
Domain
brs.coop
Registered
2012-02-13
Registrar
EuroDNS S.A.
Expires
2027-02-13
Website info
Features
Security
Details
- Company number
- 0446.437.154
- VAT number
- BE 0446.437.154
- Registered office
- Muntstraat 1, 3000 Leuven
- Names & denominations
- BRS
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 19 December 1991
- Peppol
- Active · Active since 10 Mar 2025
- Contact
- brs.coop
- Activities · NACE
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