Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 55 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Bright Roads from Ottignies-Louvain-la-Neuve, company number BE0680861014, closed financial year 2025 with a result of € 48.3 million after tax. For that financial year Bright Roads recorded revenue of € 2.1 million and equity of € 14.8 million. Compared with financial year 2024, the result moved from € -131,840 to € 48.3 million. Profitable, and profit is growing. 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 June 18, 2026.
€ 14.8 million
▲ 29% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 48.3 million
▲ still € 131,840 loss in 2024
Profit after tax over the fiscal year.
€ 505,949
▲ € 454,907 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 45 million paid out
93 % of the profit went to the shareholders, mostly to CLINIMETRICS (51 % of the shares). That is where the money ends up.
People and assets in 2025
5.1
▼ 0.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 969,227
▼ 10% vs 2024
€ 190,000 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.
€ 25,693
▼ 20% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 260,206
▲ 45% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 74 days on average.
€ 145,064
▼ 72% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | € 1,543,223 | € 1,838,875 | € 2,110,790 | ▲ 15% |
| Gross margin | € 898,840 | - | - | - | |
| Profit after taxes | € 671,439 | € 774,331 | € -131,840 | € 48,317,039 | ▲ € 48.4 million |
| Equity | € 10,808,780 | € 11,583,111 | € 11,451,271 | € 14,752,260 | ▲ 29% |
| Total debts | € 3,406,894 | € 1,613,084 | € 2,712,097 | € 2,075,855 | ▼ 23% |
| Cash | € 901,508 | € 261,391 | € 51,043 | € 505,949 | ▲ € 454,907 |
| Retained profit | € 4,940,634 | € 5,714,965 | € 5,583,125 | € 8,884,114 | ▲ 59% |
| Dividend | € 150,000 | € 0 | € 0 | € 45,016,050 | |
| Bank debt | € 545,996 | € 299,056 | € 71,150 | € 0 | ▼ 100% |
| Balance sheet total | € 14,215,674 | € 13,196,195 | € 14,163,367 | € 16,828,115 | ▲ 19% |
| Employees (FTE) | 3.4 | 4.5 | 6 | 5.1 | ▼ 0.9 |
Key figures of Bright Roads, 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 Bright Roads?
What happened at Bright Roads in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- CLINIMETRICS SA stepped down as director. NBB
- Amy FURLONG stepped down as director. NBB
- SPARAXIS SA stepped down as director. NBB
- HETAFIN SRL stepped down as director. NBB
- Robert NICHOLS stepped down as director. NBB
- ACTRIA SRL stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 48.3 million. Source: NBB ↗
- Linda BENEZE stepped down as director. NBB
In short
From € 671,439 profit in 2022 to € 48.3 million profit in 2025.
Paid € 94,563 in corporate taxes since 2022.
Best year ever: 2025, with € 48.3 million profit.
On average € 264,400 of value added per employee in 2022.
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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 CLINIMETRICS, Actria, Wallonie Entreprendre comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Bright RoadsThe shares are held by CLINIMETRICS (50.7%), Actria (27.5%) and Wallonie Entreprendre (12.3%). It owns 97.2% of IDDI and 54.8% of ONE2TREAT itself.
Directors
According to the 2025 annual accounts
Membre du Conseil de Surveillance · represented by Marc BUYSE
Also active at: INTERNATIONAL DRUG DEVELOPMENT INSTITUTE, C3M3, One2Treat, CluePoints, NITYA
since 2025 · until 2028
Amy FURLONG
Membre du Conseil de Surveillance
since 2025 · until 2028
since 2017 · until 2025
Membre du Conseil de Surveillance · represented by Géry LEFEBVRE
Also active at: C.P. Bourg, A.M.B., Jean Goldschmidt International, Ateliers Pierre Cerfontaine, Floridienne, Fonderies J. Marichal Ketin et Cie, JUNGLING, MEBF +223 more
since 2025 · until 2028
Membre du Conseil de Surveillance · represented by Grégory TASSENOY
Also active at: CLINIMETRICS, NITYA
since 2025 · until 2028
Robert NICHOLS
Membre du Conseil de Surveillance
since 2025 · until 2028
Membre du Conseil de Surveillance · represented by Damien TREMOLET
since 2025 · until 2028
Linda BENEZE
Membre du Conseil de Surveillance
Also active at: INTERNATIONAL DRUG DEVELOPMENT INSTITUTE
since 2025 · until 2026
Shareholders
Establishments
Establishment units
Physical locations of this company
Avenue Provinciale 30
1341 Ottignies-Louvain-la-Neuve
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0680.861.014
- VAT number
- BE 0680.861.014
- Registered office
- Avenue Provinciale 30, 1341 Ottignies-Louvain-la-Neuve
- Names & denominations
- Bright Roads
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 8 September 2017
- Peppol
- Active · Active since 29 Dec 2025
- Activities · NACE
Activiteiten van holdings
Holdings