ACTIVE

TAG BELGIUM

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Financial year 2024 · Closed on 31/12/2024

Net result41,8 k €+114,6 %over 1 year
Gross margin981,3 k €+7,8 %over 1 year
Equity3,8 M €+1,1 %over 1 year
Workforce10,6 ETP-3,6 %over 1 year

Identity

Source · BCE/KBO

TAG BELGIUM is a Public limited company incorporated in 1961. Its main activity is: Advertising agencies. Its registered office is in Watermael-Boitsfort. It employs on average 10,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0403.521.582
Incorporation
01/01/1961
Legal form
Public limited company
Registered office
Boulevard du Souverain 24
1170 Watermael-Boitsfort · BruxellesSee on map
Contributed capital
3 648 000,00 €
Latest accounts
31/12/2024
Average workforce
10,6 ETP
Joint committees (2)
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowHealthy social debts

Financials

Source · NBB, 19 filings

Trend over 19 financial years

20242023202220212020
Income statement
Gross margin981,3 k €910,2 k €1 M €1,4 M €658,2 k €
EBITDA-91,7 k €-421,5 k €-292,2 k €374,5 k €-486,3 k €
Operating result-93,9 k €-423,3 k €-296,1 k €347,5 k €-513,8 k €
Net result41,8 k €-286,9 k €-273,8 k €401,2 k €-775,6 k €
Balance sheet
Equity3,8 M €3,8 M €4,1 M €4,3 M €3,9 M €
Total assets4,8 M €4,8 M €6,8 M €6,6 M €5,4 M €
Cash240,3 k €18 k €3,3 k €10,8 k €4,7 M €
Debts1 M €1 M €2,8 M €2,2 M €1,5 M €
Other
Workforce10,6 ETP11,0 ETP10,9 ETP12,8 ETP13,6 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

3 active · 66 ended

Active mandates

Christian James Furness

Director · since 31 juillet 2024 · until 30 juillet 2030

Active
Kevin Thorn

Director · since 31 juillet 2024 · until 30 juillet 2030

Active
Patrick Etebom Davies

Director · since 31 juillet 2024 · until 30 juillet 2030

Active

Ended mandates

Christian James Furness

administrateur · since 31 juillet 2024 · until 30 juillet 2030

Ended
Etebom Patrick Davies

administrateur · since 31 juillet 2024 · until 30 juillet 2030

Ended
Etebom Patrick Davies

Director · since 31 juillet 2024 · until 30 juillet 2030

Ended
Kevin Thorn

administrateur · since 31 juillet 2024 · until 30 juillet 2030

Ended

Other companies at this address

Boulevard du Souverain 24 1170 Watermael-Boitsfort
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BEX● Active
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BOSQUET IMMO● Active
0766.341.273
Brabançonne 6 Immo● Active
0761.353.889
BUSINESS CENTER NIVELLES● Active
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DB CHAUFFAGE-SANITAIRE● Active
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Full financial information

Source · NBB
202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelFull model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date16/09/202515/04/202516/10/202402/09/202409/02/202427/10/2020
General meeting02/09/202504/03/202530/09/202401/08/202426/01/202426/10/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202402/09/202516/09/2025FrenchPDF
Abridged model31/12/202304/03/202515/04/2025FrenchPDF
Abridged model31/12/202230/09/202416/10/2024FrenchPDF
Abridged model31/12/202101/08/202402/09/2024FrenchPDF
Abridged model31/12/202026/01/202409/02/2024FrenchPDF
Full model31/12/201926/10/202027/10/2020FrenchPDF
Full model31/12/201817/06/201931/07/2019FrenchPDF
Full model31/12/201714/05/201829/06/2018FrenchPDF
Full model31/12/201608/05/201730/05/2017FrenchPDF
Full model31/12/201509/05/201608/06/2016FrenchPDF
Full model31/12/201411/05/201517/06/2015FrenchPDF
Full model31/12/201312/05/201412/06/2014FrenchPDF
Full model31/12/201213/05/201303/06/2013FrenchPDF
Full model31/12/201114/05/201205/06/2012FrenchPDF
Full model31/12/201009/05/201120/05/2011FrenchPDF
Full model31/12/200910/05/201022/06/2010FrenchPDF
Full model31/12/200827/05/200925/06/2009FrenchPDF
Full model31/12/200713/05/200827/06/2008FrenchPDF
Full model31/12/200614/05/200728/06/2007FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2024

3 active · 66 ended

Active mandates

Christian James Furness

Director · since 31 juillet 2024 · until 30 juillet 2030

Active
Kevin Thorn

Director · since 31 juillet 2024 · until 30 juillet 2030

Active
Patrick Etebom Davies

Director · since 31 juillet 2024 · until 30 juillet 2030

Active

Ended mandates

Christian James Furness

administrateur · since 31 juillet 2024 · until 30 juillet 2030

Ended
Etebom Patrick Davies

administrateur · since 31 juillet 2024 · until 30 juillet 2030

Ended
Etebom Patrick Davies

Director · since 31 juillet 2024 · until 30 juillet 2030

Ended
Kevin Thorn

administrateur · since 31 juillet 2024 · until 30 juillet 2030

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates07/10/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office21/02/2025
    SIEGE SOCIAL
    PDF
  • Mandates20/08/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates07/05/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates23/11/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates25/08/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office13/03/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - SIEGE SOCIAL
    PDF
  • Mandates10/03/2021
    DEMISSIONS, NOMINATIONS
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2024
    Annual accounts 202441,8 k €↑
  2. 2023
    Annual accounts 2023-286,9 k €↓
  3. 2022
    Annual accounts 2022-273,8 k €↓
  4. 2021
    Annual accounts 2021401,2 k €↑
  5. 2020
    Annual accounts 2020-775,6 k €↓
  6. 2019
    Annual accounts 2019356,1 k €↓
  7. 2018
    Annual accounts 2018458,9 k €↓
  8. 2017
    Annual accounts 2017601,6 k €↓
  9. 2016
    Annual accounts 20162,1 M €↑
  10. 2015
    Annual accounts 2015618,9 k €↑
  11. 2014
    Annual accounts 2014414,4 k €↓
  12. 2013
    Annual accounts 2013477 k €↑
  13. 2012
    Annual accounts 2012-574,6 k €↓
  14. 2011
    Annual accounts 201110,7 k €↑
  15. 2010
    Annual accounts 2010-1,7 M €↑
  16. 2009
    Annual accounts 2009-3,2 M €↓
  17. 2008
    Annual accounts 2008286,1 k €↑
  18. 2007
    Annual accounts 2007172 k €↓
  19. 2006
    Annual accounts 2006175,4 k €
  20. 01/01/1961
    IncorporationPublic limited company