Warning lights
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
53 other companies have their registered office at the same address; threshold 10.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
BRF Management from Watermaal-Bosvoorde, company number BE0778360167, closed financial year 2025 with a result of € -823 after tax. For that financial year BRF Management recorded a gross margin of € 6,431 and equity of € 213,511. Compared with financial year 2024, the result moved from € 53,598 to € -823. 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 July 14, 2026.
€ 213,511
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -823
▼ still € 53,598 profit in 2024
Profit after tax over the fiscal year.
€ 205,667
▲ 69% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 152,011.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 352,205
▼ 83% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 79,186 | € 68,464 | € 70,307 | € 6,431 | ▼ 91% |
| Profit after taxes | € 49,352 | € 49,884 | € 53,598 | € -823 | ▼ € 54,421 |
| Equity | € 110,852 | € 160,736 | € 214,334 | € 213,511 | |
| Total debts | € 2,074,131 | € 1,558,106 | € 2,029,208 | € 352,205 | ▼ 83% |
| Cash | € 29,288 | € 127,474 | € 121,718 | € 205,667 | ▲ 69% |
| Retained profit | € 49,352 | € 99,236 | € 152,834 | € 152,011 | ▼ 1% |
| Balance sheet total | € 2,184,983 | € 1,718,843 | € 2,243,543 | € 565,716 | ▼ 75% |
Key figures of BRF 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 BRF Management?
What happened at BRF Management in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Nathalie Bleunven stepped down as director. NBB
- NED stepped down as director. NBB
- Pierre Demaerel stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 823 (▼ € 54,421 vs 2024). Source: NBB ↗
- Nathalie Bleunven became a director. NBB
- NED became a director. NBB
- Pierre Demaerel became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 49,352 profit in 2022 to € 823 loss in 2025.
Paid € 51,023 in corporate taxes since 2022.
Best year ever: 2024, with € 53,598 profit.
A new publication or filing at BRF Management? 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 shares are held by Mirko Dietz, Relaunch for the Future and Tikehau Investment Management SAS.
Directors
According to the 2025 annual accounts
Director · represented by Mirko Dietz
since 2021 · until 2028
Pierre Demaerel
Director
Also active at: BROUWERIJ FRANK BOON, ALITHEA, EXPRESS SOLUTIONS, BGF Management, Belgian Growth Fund I, BGF II Management
since 2021 · until 2028
since 2023 · until 2029
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Terhulpsesteenweg 166 box 25
1170 Watermaal-Bosvoorde
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 53 companies are registered at this address.
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0778.360.167
- VAT number
- BE 0778.360.167
- Registered office
- Terhulpsesteenweg 166 bus 25, 1170 Watermaal-Bosvoorde
- Names & denominations
- BRF Management
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 7 December 2021
- Peppol
- Not registered