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Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Busy address KBO
48 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
BGF Management from Brussel, company number BE0725850010, closed financial year 2025 with a result of € 58,480 after tax. For that financial year BGF Management recorded revenue of € 1.6 million and equity of € 203,336. Compared with financial year 2024, the result moved from € 62,920 to € 58,480. The company is profitable. 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 22, 2026.
€ 203,336
▲ 40% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 58,480
▼ 7% vs 2024
Profit after tax over the fiscal year.
€ 203,085
▼ 48% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 103,336.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 4,325
▲ 50% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 1,561,513 | € 1,560,000 | € 1,560,000 | € 1,560,000 | |
| Profit after taxes | € 55,952 | € 54,031 | € 62,920 | € 58,480 | ▼ 7% |
| Equity | € 277,905 | € 331,936 | € 144,856 | € 203,336 | ▲ 40% |
| Total debts | € 5,835 | € 7,026 | € 256,503 | € 4,450 | ▼ 98% |
| Cash | € 267,861 | € 316,398 | € 393,073 | € 203,085 | ▼ 48% |
| Retained profit | € 177,905 | € 231,936 | € 44,856 | € 103,336 | ▲ 130% |
| Dividend | € 0 | € 0 | € 250,000 | € 0 | ▼ 100% |
| Balance sheet total | € 283,740 | € 338,962 | € 401,359 | € 207,787 | ▼ 48% |
Key figures of BGF Management, 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 BGF Management?
What happened at BGF Management in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Pierre Demaerel stepped down as director. NBB
- Bart Rabaey stepped down as director. NBB
- Marie Bouillez stepped down as director. NBB
- Philippe De Vicq De Cumptich stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 58,480 (▼ 7% vs 2024). Source: NBB ↗
- Pierre Demaerel became a director. NBB
- Bart Rabaey became a director. NBB
- Marie Bouillez became a director. NBB
In short
From € 55,952 profit in 2022 to € 58,480 profit in 2025.
Paid € 77,448 in corporate taxes since 2022.
Best year ever: 2024, with € 62,920 profit.
Paid out € 250,000 in dividends to the owners in total.
Management
The stake of SOCIETE FEDERALE DE PARTICIPATIONS ET D'INVESTISSEMENT, Participatiemaatschappij Vlaanderen comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
BGF ManagementThe shares are held by SOCIETE FEDERALE DE PARTICIPATIONS ET D'INVESTISSEMENT (49%) and Participatiemaatschappij Vlaanderen (31%).
Directors
According to the 2025 annual accounts
Pierre Demaerel
Chairman of the board
Also active at: BROUWERIJ FRANK BOON, ALITHEA, EXPRESS SOLUTIONS, Belgian Growth Fund I, BRF Management, BGF II Management
since 2024 · until 2030
Bart Rabaey
Director
Also active at: WEDIM, STORO PROPCO I, Bricks4Living, STORO I BV, STORO, STORO II BV, STORO III BV, STORO VII +5 more
since 2024 · until 2030
since 2024 · until 2030
Philippe De Vicq De Cumptich
Director
Also active at: CAPRICORN ICT ARKIV, Capricorn SCF, Capricorn Digital Growth Fund, Capricorn Fusion China Fund, CAPRICORN HEALTH-TECH FUND, BGF II Management
since 2024 · until 2030
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Oude Graanmarkt 63
1000 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 48 companies are registered at this address.
All companies at this address →Moeve Chemicals Belgium
€ 1.3 million gross margin · 2025
BIOTECH FONDS VLAANDEREN
Fietsersbond
€ 686,591 gross margin · 2025
Participatiemaatschappij Vlaanderen same network
€ 16.8 million revenue · 2025
SUSTAINABLE ENERGY VENTURES
+43 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
- 0725.850.010
- VAT number
- BE 0725.850.010
- Registered office
- Oude Graanmarkt 63, 1000 Brussel
- Names & denominations
- BGF Management
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 April 2019
- Peppol
- Active · Active since 1 Jan 2001