ACTIVE

KONINKLIJKE ATHLETIEK ASSOCIATIE GENT - Voetbalafdeling

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Financial year 2025 · Closed on 30/06/2025

Net result1,9 M €-56,3 %over 1 year

Revenue37,5 M €+5,4 %over 1 year

Equity25,5 M €+8,0 %over 1 year

Workforce115,6 ETP-0,2 %over 1 year

Identity

Source · BCE/KBO

KONINKLIJKE ATHLETIEK ASSOCIATIE GENT - Voetbalafdeling is a Public limited company incorporated in 1964. Its main activity is: Gambling and betting activities. Its registered office is in Gent. It employs on average 115,6 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0407.885.394
Incorporation: 26/11/1964
Legal form: Public limited company
Registered office: Ottergemsesteenweg-Zuid 808
9000 Gent · FlandreSee on map
Contributed capital: 31 000 000,00 €
Latest accounts: 30/06/2025
Average workforce: 115,6 ETP

Activities (NACE)

92621Gambling and betting activities· main 93121Activities of sports clubs 93121Activities of sports clubs

Joint committees (2)

Signals

ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 25 filings

Trend over 17 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	37,5 M €	+5.4%	35,6 M €	-9.1%	39,2 M €	+4.5%	37,5 M €	+33.1%	28,2 M €
EBITDA	16 M €	-17.1%	19,3 M €	+464%	-5,3 M €	-180%	6,6 M €	-45.0%	12 M €
Operating result	2,7 M €	-64.2%	7,5 M €	+142%	-18 M €	-213%	-5,7 M €	-182%	-2 M €
Net result	1,9 M €	-56.3%	4,3 M €	+124%	-18,3 M €	-200%	-6,1 M €	-161%	-2,3 M €
Balance sheet
Equity	25,5 M €	+8.0%	23,6 M €	+1427%	-1,8 M €	-111%	16,6 M €	-27.0%	22,7 M €
Total assets	106,2 M €	+9.9%	96,6 M €	+57.2%	61,4 M €	-20.2%	77 M €	-10.1%	85,6 M €
Cash	9,1 M €	+398%	1,8 M €	+7.6%	1,7 M €	-56.8%	3,9 M €	+3268%	116,2 k €
Debts	70,4 M €	+14.8%	61,3 M €	+6.5%	57,5 M €	+3.9%	55,4 M €	-0.9%	55,9 M €
Other
Workforce	115,6 ETP	-0.2%	115,8 ETP	-4.8%	121,7 ETP	-1.0%	122,9 ETP	+16.5%	105,5 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€

See the valuation

Board of directors

Source · NBB, accounts to 30/06/2025

9 active · 20 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
FRANK VAN GOETHEM	Director01/10/2025 → 30/09/2026
IVAN DE WITTE	Director04/06/2024 → 30/06/2025Chairman of the board of directors08/12/2008 → 09/12/2019ended
LOUWAGIE SPORT MANAGEMENT0872.147.190Represented by MICHEL LOUWAGIE	Director19/12/2005 → 30/06/2025Managing directorsince 22/06/2016ended
SAMUEL BARO	Director20/07/2023 → 08/11/2030Managing director04/06/2024 → 30/06/2025ended
EVELIEN VAN HYFTE	Director20/07/2023 → 12/11/2027
GEERT VERGAERDE	Director20/07/2023 → 30/09/2025
Gio & Co.0784.386.243Represented by GIOVANNI VERKOOREN	Director20/07/2023 → 12/11/2027
KAATJE DE SMET	Director20/07/2023 → 12/11/2027
NELIS DE CLERCQ	Director20/07/2023 → 12/11/2027

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
DOMINIQUE DE BRAECKELEIR	Director22/06/2016 → 20/07/2023
FRANK DE MEYER	Director22/06/2016 → 20/07/2023

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Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	10/02/2026	17/12/2024	27/11/2023	29/11/2022	06/12/2021	08/12/2020
General meeting	14/11/2025	13/11/2024	07/11/2023	14/11/2022	19/11/2021	13/11/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 25 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	30/06/2025	14/11/2025	10/02/2026	Dutch	PDF
Full model	30/06/2024	13/11/2024	17/12/2024	Dutch	PDF
Full model	30/06/2023	07/11/2023	27/11/2023	Dutch	PDF
Full model	30/06/2022	14/11/2022	29/11/2022	Dutch	PDF
Consolidated accounts	30/06/2022	14/11/2022	20/06/2023	Dutch	PDF
Full model	30/06/2021	19/11/2021	06/12/2021	Dutch	PDF
Consolidated accounts	30/06/2021	01/01/9999	06/12/2021	Dutch	PDF
Full model	30/06/2020	13/11/2020	08/12/2020	Dutch	PDF
Consolidated accounts	30/06/2020	01/01/9999	08/12/2020	Dutch	PDF
Full model	30/06/2019	20/11/2019	26/11/2019	Dutch	PDF
Consolidated accounts	30/06/2019	12/11/2019	26/11/2019	Dutch	PDF
Full model	30/06/2018	09/11/2018	28/11/2018	Dutch	PDF
Consolidated accounts	30/06/2018	01/01/9999	28/11/2018	Dutch	PDF
Full model	31/05/2017	03/11/2017	21/11/2017	Dutch	PDF
Consolidated accounts	31/05/2017	03/11/2017	22/11/2017	Dutch	PDF
Full model	30/06/2015	15/12/2015	17/12/2015	Dutch	PDF
Full model	30/06/2014	04/12/2014	05/01/2015	Dutch	PDF
Full model	30/06/2013	09/12/2013	07/01/2014	Dutch	PDF
Full model	30/06/2012	10/12/2012	22/01/2013	Dutch	PDF
Full model	30/06/2011	16/01/2012	24/01/2012	Dutch	PDF
Full model	30/06/2010	17/01/2011	17/02/2011	Dutch	PDF
Full model	30/06/2009	17/12/2009	18/01/2010	Dutch	PDF
Full model	30/06/2008	08/12/2008	07/01/2009	Dutch	PDF
Full model	30/06/2007	28/01/2008	29/02/2008	Dutch	PDF

View all 25 filings

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 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 30/06/2025

9 active · 20 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
FRANK VAN GOETHEM	Director01/10/2025 → 30/09/2026
IVAN DE WITTE	Director04/06/2024 → 30/06/2025Chairman of the board of directors08/12/2008 → 09/12/2019ended
LOUWAGIE SPORT MANAGEMENT0872.147.190Represented by MICHEL LOUWAGIE	Director19/12/2005 → 30/06/2025Managing directorsince 22/06/2016ended
SAMUEL BARO	Director20/07/2023 → 08/11/2030Managing director04/06/2024 → 30/06/2025ended
EVELIEN VAN HYFTE	Director20/07/2023 → 12/11/2027
GEERT VERGAERDE	Director20/07/2023 → 30/09/2025
Gio & Co.0784.386.243Represented by GIOVANNI VERKOOREN	Director20/07/2023 → 12/11/2027
KAATJE DE SMET	Director20/07/2023 → 12/11/2027
NELIS DE CLERCQ	Director20/07/2023 → 12/11/2027

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
DOMINIQUE DE BRAECKELEIR	Director22/06/2016 → 20/07/2023
FRANK DE MEYER	Director22/06/2016 → 20/07/2023

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Other26/08/2026
DIVERSEN
PDF
Mandates21/10/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/07/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/10/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/09/2024
ONTSLAGEN - BENOEMINGEN
PDF
Other01/02/2024
DIVERSEN
PDF
Mandates25/08/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/07/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation1964

Name

Registered office

Annual accounts

Filings17 filings

Mandates

FRANK VAN GOETHEM

LOUWAGIE SPORT MANAGEMENT

SAMUEL BARO

IVAN DE WITTE

Gio & Co.

KAATJE DE SMET

EVELIEN VAN HYFTE

GEERT VERGAERDE

NELIS DE CLERCQ

KONINKLIJKE ATHLETIEK ASSOCIATIE GENT - Voetbalafdeling

FRANK DE MEYER

KATHLEEN VAN DEN NESTE

and 17 more mandates

19661967196819691970197119721973197419751976197719781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024202520262027202820292030

KONINKLIJKE ATHLETIEK ASSOCIATIE GENT - Voetbalafdeling

Ottergemsesteenweg-Zuid 808, 9000 Gent

Director

DirectorChairman of the board of directors

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Ottergemsesteenweg-Zuid 808, 9000 GentCurrent	accounts 2022 → 2025	Accounts 2025 · 2026-00036378

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
KONINKLIJKE ATHLETIEK ASSOCIATIE GENT - VoetbalafdelingCurrent	accounts 2022 → 2025	Accounts 2025 · 2026-00036378

Events

17/10/2025
nominationFrank Van Goethem · bestuurder
01/07/2025
nominationSamuel Baro · bestuurder
01/07/2025
nominationGio & Co BV · bestuurder
01/07/2025
nominationEvelien van Hyfte · bestuurder
01/07/2025
nominationNelis De Clercq · bestuurder
01/07/2025
nominationKaat De Smet · bestuurder
01/07/2025
nominationGeert Vergaerde · bestuurder
2025
Annual accounts 20251,9 M €↓
2024
Annual accounts 20244,3 M €↑
04/06/2024
nominationSamuel Baro · voorzitter van de raad van bestuur
20/07/2023
nominationIvan De Witte · voorzitter van de raad van bestuur
20/07/2023
nominationLouwagie Sport Management · gedelegeerd bestuurder
2023
Annual accounts 2023-18,3 M €↓
2022
Annual accounts 2022-6,1 M €↓
2021
Annual accounts 2021-2,3 M €↑
2020
Annual accounts 2020-5,8 M €↓
2019
Annual accounts 2019914,7 k €↓
2018
Annual accounts 20185 M €↓
2017
Annual accounts 201722,8 M €↑
2015
Annual accounts 2015821,9 k €↑
2014
Annual accounts 2014565 k €↑
2013
Annual accounts 2013-2,3 M €↓
2012
Annual accounts 2012-30,7 k €↓
2011
Annual accounts 20113,7 M €↑
2010
Annual accounts 20103,6 M €↑
2009
Annual accounts 2009-283,7 k €↓
2008
Annual accounts 20085,1 M €
26/11/1964
IncorporationPublic limited company

KONINKLIJKE ATHLETIEK ASSOCIATIE GENT - Voetbalafdeling

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events