Active · per the CBE, 17 September 2026

Frère-Bourgeois Holding

BE0767649585

Rechtspersoon Public limited company 1 establishment

Frère-Bourgeois Holding is registered with the CBE as active in: Activiteiten van holdings. Public Limited, started on 20 April 2021, 1 establishment.

Rue de la Blanche Borne(LOV) 12, 6280 Gerpinnes

Active for

5 year, 4 months

Financials

Financial year 2025

Frère-Bourgeois Holding from Gerpinnes, company number BE0767649585, closed financial year 2025 with a result of € 36.4 million after tax. For that financial year Frère-Bourgeois Holding recorded revenue of € 36,655 and equity of € 2.2 billion. Compared with financial year 2024, the result moved from € 50.5 million to € 36.4 million. The company is profitable. 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 June 11, 2026.

What it is worth Healthy

€ 2.2 billion

▼ 18% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 36.4 million

▼ 28% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 5.4 million

▼ 93% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 512 million paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Full-time equivalents

1.4

▲ 0.4 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 783,583

▼ 80% vs 2024

€ 559,700 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

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 567,187

▲ 64% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 158 days on average.

Taxes and wages

€ 226,420

▲ 13% vs 2024

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Revenue - € 857 € 89,347 € 36,655 ▼ 59%
Profit after taxes € 38,306,244 € 19,732,231 € 50,517,474 € 36,399,683 ▼ 28%
Equity € 2,694,824,326 € 2,697,519,275 € 2,673,503,930 € 2,197,926,401 ▼ 18%
Total debts € 7,737,502 € 12,667,162 € 22,717,100 € 23,044,345 ▲ 1%
Cash € 46,760,307 € 79,491,464 € 80,944,579 € 5,350,718 ▼ 93%
Retained profit € 2,592,709,978 € 2,595,404,926 € 2,571,389,582 € 2,095,812,052 ▼ 18%
Dividend € 7,093,864 € 17,037,283 € 74,532,819 € 511,977,213 ▲ € 437.4 million
Balance sheet total € 2,702,561,828 € 2,710,186,437 € 2,699,188,147 € 2,223,674,967 ▼ 18%
Employees (FTE) 0.5 0.5 1 1.4 ▲ 0.4

Key figures of Frère-Bourgeois Holding, 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 Frère-Bourgeois Holding?

What happened at Frère-Bourgeois Holding in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • Gérald FRERE stepped down as director. NBB
  • William FRERE stepped down as director. NBB
  • Cedric FRERE stepped down as director. NBB
  • New annual accounts for financial year 2025: profit of € 36.4 million (▼ 28% vs 2024). Source: NBB ↗
  • New establishment in Gerpinnes. KBO
  • Gérald FRERE became a director. NBB
  • William FRERE became a director. NBB
  • Cedric FRERE became a director. NBB

In short

From € 38.3 million profit in 2022 to € 36.4 million profit in 2025.

Paid € 3.7 million in corporate taxes since 2022.

Best year ever: 2024, with € 50.5 million profit.

Paid out € 610.6 million in dividends to the owners in total.

Management

Frère-Bourgeois Holding
HELIO CHARLEROI FINANCE 100%
2K 100%
+2

It owns 100% of HELIO CHARLEROI FINANCE, 100% of HARAS DE LA BIERLAIRE, 100% of 2K, 100% of LA BIERLAIRE, 75.1% of CARPAR and 24.9% of EAGLE CAPITAL itself.

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Directors

According to the 2025 annual accounts

Gérald FRERE

Chairman of the board

Also active at: Financière de la Sambre, HARAS DE LA BIERLAIRE, DOMAINES FRERE-BOURGEOIS, GFO

since 2021 · until 2027

since 2021 · until 2027

Establishments

Establishment units

Physical locations of this company

Registered office

Rue de la Blanche Borne(LOV) 12

6280 Gerpinnes

2.335.488.497

Rue de la Blanche Borne(GER) 12

6280 Gerpinnes

Active since 29 April 2021

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0767.649.585
VAT number
BE 0767.649.585
Registered office
Rue de la Blanche Borne(LOV) 12, 6280 Gerpinnes
Names & denominations
Frère-Bourgeois Holding
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Normale toestand
Start date
20 April 2021
Peppol
Active · Active since 8 Apr 2025
Activities · NACE

Activiteiten van holdings

Holdings

Frequently asked questions

What does Frère-Bourgeois Holding do?
Frère-Bourgeois Holding is registered with the CBE as active in: Activiteiten van holdings. Public Limited, started on 20 April 2021, 1 establishment.
What is the address of Frère-Bourgeois Holding?
The registered office of Frère-Bourgeois Holding is located at Rue de la Blanche Borne(LOV) 12, 6280 Gerpinnes.
Is Frère-Bourgeois Holding still active?
Yes. According to the CBE (17 September 2026) Frère-Bourgeois Holding is active, legal situation “Normale toestand”, started on 20 April 2021.
Is Frère-Bourgeois Holding registered on Peppol?
Yes, Frère-Bourgeois Holding is registered on the Peppol network with ID 0208:0767649585.
What is the enterprise number of Frère-Bourgeois Holding?
The enterprise number of Frère-Bourgeois Holding is BE0767649585.
When was Frère-Bourgeois Holding founded?
Frère-Bourgeois Holding was founded on 20 April 2021.