ACTIVE

NTGent

Financial year 2025 · closed on 31/12/2025
Net result
-112,4 k €
-139.2% YoY
Revenue
3,5 M €
-14.9% YoY
Equity
10,7 M €
-3.9% YoY
Workforce
75,7 ETP
-8.5% YoY

What does NTGent do?

NTGent is a Public utility foundation incorporated in 1965. Its main activity is: Performing arts. Its registered office is in Gent. It employs on average 75,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0410.353.154
Incorporation
22/04/1965
Legal form
Public utility foundation
Registered office
Sint-Baafsplein 17
9000 Gent · FlandreSee on map
Latest accounts
31/12/2025
Average workforce
75,7 ETP
Joint committees (2)
  • 100
  • 304
Signals
Solid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 15 financial years

202520242023202220212020201920182017201620152014201320122008
Income statement
Revenue3,5 M €4,2 M €3,9 M €3,2 M €2,9 M €1,2 M €3,1 M €1,3 M €1,9 M €2,7 M €3 M €2,5 M €2,2 M €2 M €6,9 M €
EBITDA762,9 k €1,1 M €1,1 M €849,5 k €1,5 M €1,4 M €1 M €157,4 k €728,3 k €47,8 k €298,8 k €550,6 k €546,3 k €680,3 k €638,1 k €
Operating result50,7 k €458,9 k €590,8 k €245,8 k €923,7 k €661,5 k €255,7 k €-193,6 k €356,1 k €-321,6 k €-70,2 k €191,3 k €224,3 k €369,9 k €380,9 k €
Net result-112,4 k €286,6 k €363,3 k €65,6 k €572,3 k €488,6 k €100,9 k €-221,7 k €297,9 k €-344,6 k €-104,8 k €147 k €186,3 k €292,6 k €410,4 k €
Balance sheet
Equity10,7 M €11,1 M €11,1 M €8,2 M €8,4 M €8,2 M €8 M €8,2 M €2 M €3,1 M €3,4 M €1,5 M €1 M €843,2 k €-1,6 M €
Total assets19,9 M €20,7 M €21,5 M €16,3 M €16,7 M €16,7 M €18,1 M €21,6 M €5,7 M €7 M €7 M €4,3 M €3,9 M €3,5 M €2,5 M €
Cash101,7 k €381,4 k €695,8 k €596 k €479,3 k €682,1 k €52,8 k €12 k €62,1 k €259,3 k €173,2 k €279,3 k €245,2 k €5,2 k €511,4 k €
Debts8,9 M €9,2 M €9,6 M €7,1 M €7,5 M €7,9 M €9,6 M €13,1 M €3,4 M €3,7 M €2,9 M €2,3 M €2,4 M €2,2 M €3,7 M €
Other
Workforce75,7 ETP82,7 ETP82,4 ETP75,5 ETP73,2 ETP71,5 ETP73,6 ETP70,0 ETP72,6 ETP76,8 ETP77,0 ETP78,9 ETP78,2 ETP82,5 ETP81,3 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 22 active · 123 ended

Active mandates

Bram VANDEKERCKHOVE

Director · since 31 mars 2025 · until 31 mars 2031

Active
Dirk HOLEMANS

Director · since 31 mars 2025 · until 31 mars 2031

Active
Nathalie VAN LAERE

Director · since 31 mars 2025 · until 31 mars 2026

Active
Sophie COCQUYT

Director · since 31 mars 2025 · until 31 mars 2031

Active
Willem WALLYN

Director · since 31 mars 2025 · until 31 mars 2031

Active
Amani EL HADDID

Director · since 01 mai 2023 · until 31 mars 2025

Active
Astrid WEYTENS

Director · since 01 mai 2023 · until 30 avril 2029

Active
Charlotte SABBE

Director · since 01 mai 2023 · until 30 avril 2029

Active
Ecran CESMELI

Director · since 01 mai 2023 · until 30 avril 2029

Active
Badra DJAIT

Director · since 01 février 2023 · until 01 février 2029

Active
Eline VANDUYVER

Director · since 01 février 2023 · until 31 janvier 2029

Active
Geert VANDYCK

Director · since 01 février 2023 · until 01 février 2029

Active
Hilde BONTE

Director · since 01 février 2023 · until 01 février 2029

Active
Marie Gerlinde ROBBRECHTS

Director · since 01 février 2023 · until 31 janvier 2029

Active
Rudi DE KERPEL

Director · since 01 février 2023 · until 01 février 2029

Active
Stefaan D'HAEZE

Director · since 01 février 2023 · until 01 février 2029

Active
Luk VERSCHUEREN

Director · since 01 février 2022 · until 01 février 2029

Active
Ywein JORIS

Director · since 23 mars 2021 · until 31 mars 2025

Active
Muriel UYTTERHAEGEN

Vice-chairman of the board of directors · since 17 novembre 2020 · until 17 novembre 2026

Active
Jeroen VANDEN BERGHE

Chairman of the board of directors · since 15 septembre 2020 · until 15 septembre 2026

Active
Christophe VERMEULEN

Director · since 25 mars 2019 · until 25 mars 2025

Active
Mieke BOUVE

Director · since 25 mars 2019 · until 25 mars 2025

Active

Ended mandates

Amani EL HADDAD

Director · since 01 mai 2023 · until 30 avril 2029

Ended
Ercan CESMELI

Director · since 01 mai 2023 · until 30 avril 2029

Ended
Badra DJAIT

Vice-chairman of the board of directors · since 01 février 2023 · until 01 février 2029

Ended
Badra DJAIT

Director · since 01 février 2023 · until 31 janvier 2029

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date23/04/202628/04/202503/04/202412/04/202321/04/202222/04/2021
General meeting31/03/202631/03/202526/03/202427/03/202329/03/202231/03/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202531/03/202623/04/2026DutchPDF
Full model31/12/202431/03/202528/04/2025DutchPDF
Full model31/12/202326/03/202403/04/2024DutchPDF
Full model31/12/202227/03/202312/04/2023DutchPDF
Full model31/12/202129/03/202221/04/2022DutchPDF
Full model31/12/202031/03/202122/04/2021DutchPDF
Full model31/12/201931/03/202007/05/2020DutchPDF
Full model31/12/201802/04/201906/05/2019DutchPDF
Full model31/12/201728/03/201809/04/2018DutchPDF
Full model31/12/201631/03/201708/06/2017DutchPDF
Full model31/12/201530/03/201628/04/2016DutchPDF
Full model31/12/201425/02/201518/06/2015DutchPDF
Full model31/12/201305/02/201427/06/2014DutchPDF
Full model31/12/201220/02/201311/09/2013DutchPDF
Full model31/12/201101/02/201219/03/2012DutchPDF
Full model31/12/201010/02/201109/03/2011DutchPDF
Full model31/12/200924/02/201023/03/2010DutchPDF
Full model31/12/200827/04/200908/06/2009DutchPDF
Full model31/12/200726/03/200826/05/2008DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 22 active · 123 ended

Active mandates

Bram VANDEKERCKHOVE

Director · since 31 mars 2025 · until 31 mars 2031

Active
Dirk HOLEMANS

Director · since 31 mars 2025 · until 31 mars 2031

Active
Nathalie VAN LAERE

Director · since 31 mars 2025 · until 31 mars 2026

Active
Sophie COCQUYT

Director · since 31 mars 2025 · until 31 mars 2031

Active
Willem WALLYN

Director · since 31 mars 2025 · until 31 mars 2031

Active
Amani EL HADDID

Director · since 01 mai 2023 · until 31 mars 2025

Active
Astrid WEYTENS

Director · since 01 mai 2023 · until 30 avril 2029

Active
Charlotte SABBE

Director · since 01 mai 2023 · until 30 avril 2029

Active
Ecran CESMELI

Director · since 01 mai 2023 · until 30 avril 2029

Active
Badra DJAIT

Director · since 01 février 2023 · until 01 février 2029

Active
Eline VANDUYVER

Director · since 01 février 2023 · until 31 janvier 2029

Active
Geert VANDYCK

Director · since 01 février 2023 · until 01 février 2029

Active
Hilde BONTE

Director · since 01 février 2023 · until 01 février 2029

Active
Marie Gerlinde ROBBRECHTS

Director · since 01 février 2023 · until 31 janvier 2029

Active
Rudi DE KERPEL

Director · since 01 février 2023 · until 01 février 2029

Active
Stefaan D'HAEZE

Director · since 01 février 2023 · until 01 février 2029

Active
Luk VERSCHUEREN

Director · since 01 février 2022 · until 01 février 2029

Active
Ywein JORIS

Director · since 23 mars 2021 · until 31 mars 2025

Active
Muriel UYTTERHAEGEN

Vice-chairman of the board of directors · since 17 novembre 2020 · until 17 novembre 2026

Active
Jeroen VANDEN BERGHE

Chairman of the board of directors · since 15 septembre 2020 · until 15 septembre 2026

Active
Christophe VERMEULEN

Director · since 25 mars 2019 · until 25 mars 2025

Active
Mieke BOUVE

Director · since 25 mars 2019 · until 25 mars 2025

Active

Ended mandates

Amani EL HADDAD

Director · since 01 mai 2023 · until 30 avril 2029

Ended
Ercan CESMELI

Director · since 01 mai 2023 · until 30 avril 2029

Ended
Badra DJAIT

Vice-chairman of the board of directors · since 01 février 2023 · until 01 février 2029

Ended
Badra DJAIT

Director · since 01 février 2023 · until 31 janvier 2029

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates05/05/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates01/12/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/02/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/10/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/12/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates31/01/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/07/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other05/07/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025-112,4 k €
  2. 2024
    Annual accounts 2024286,6 k €
  3. 2024
    Name changeNT GENT Stichting Openbaar Nut
  4. 2023
    Annual accounts 2023363,3 k €
  5. 2022
    Annual accounts 202265,6 k €
  6. 2021
    Annual accounts 2021572,3 k €
  7. 2021
    Name changeNTGENT
  8. 2020
    Annual accounts 2020488,6 k €
  9. 2019
    Annual accounts 2019100,9 k €
  10. 2018
    Annual accounts 2018-221,7 k €
  11. 2017
    Annual accounts 2017297,9 k €
  12. 2016
    Annual accounts 2016-344,6 k €
  13. 2015
    Annual accounts 2015-104,8 k €
  14. 2014
    Annual accounts 2014147 k €
  15. 2013
    Annual accounts 2013186,3 k €
  16. 2012
    Annual accounts 2012292,6 k €
  17. 2008
    Annual accounts 2008410,4 k €
  18. 22/04/1965
    IncorporationPublic utility foundation