ACTIVE

Businga

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Financial year 2025 · closed on 31/12/2025

Net result

441,8 k €

+1510.3% YoY

Gross margin

627,7 k €

+297.3% YoY

Equity

2,5 M €

+21.3% YoY

Workforce

0,0 ETP

What does Businga do?

Businga is a Public limited company incorporated in 1983. Its registered office is in Antwerpen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0425.575.226

Incorporation

02/11/1983

Legal form

Public limited company

Registered office

Prins Boudewijnlaan 116
2610 Antwerpen · FlandreSee on map

Contributed capital

61 973,38 €

Latest accounts

31/12/2025

Average workforce

0,0 ETP

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	627,7 k €	+297%	158 k €	-79.0%	750,8 k €	+48.0%	507,2 k €	-33.2%	759,5 k €	+395%	153,5 k €	-40.5%	258 k €	+318%	61,7 k €	-68.3%	195 k €	+114%	91 k €	+2889%	-3,3 k €	-229%	2,5 k €	+112%	-21 k €	+37.4%	-33,5 k €	-1490%	-2,1 k €	-117%	12,3 k €	-58.4%	29,6 k €	-2.8%	30,4 k €	-0.8%	30,7 k €	+5.5%	29,1 k €
EBITDA	627,3 k €	+301%	156,5 k €	-79.0%	746,6 k €	+48.0%	504,5 k €	-33.5%	758,5 k €	+402%	151,1 k €	-40.8%	255,2 k €	+321%	60,6 k €	-68.9%	194,5 k €	+33.6%	145,6 k €	+4077%	-3,7 k €	-243%	-1,1 k €	+95.3%	-22,7 k €	+35.3%	-35,2 k €	-829%	-3,8 k €	+97.3%	-139,5 k €	-599%	27,9 k €	-3.2%	28,9 k €	-0.7%	29,1 k €	+5.5%	27,6 k €
Operating result	627,3 k €	+301%	156,5 k €	-79.0%	746,6 k €	+48.0%	504,5 k €	-33.5%	758,5 k €	+402%	151,1 k €	-40.8%	255,2 k €	+321%	60,6 k €	-62.3%	160,7 k €	+10.3%	145,6 k €	+4077%	-3,7 k €	+72.2%	-13,2 k €	+62.2%	-34,8 k €	+26.3%	-47,3 k €	-180%	-16,9 k €	+89.0%	-153,1 k €	-1211%	13,8 k €	-6.3%	14,7 k €	-1.4%	14,9 k €	+11.4%	13,4 k €
Net result	441,8 k €	+1510%	27,4 k €	-93.7%	433,5 k €	+26.6%	342,5 k €	-36.6%	540,5 k €	+470%	94,8 k €	-37.3%	151,2 k €	+353%	33,4 k €	-68.1%	104,8 k €	+4.7%	100 k €	+2433%	-4,3 k €	+53.1%	-9,1 k €	-112%	77,8 k €	-45.4%	142,4 k €	+883%	-18,2 k €	-120%	91,9 k €	+1366%	-7,3 k €	-12.8%	-6,4 k €	+0.5%	-6,5 k €	+13.9%	-7,5 k €
Balance sheet
Equity	2,5 M €	+21.3%	2,1 M €	+1.3%	2 M €	+26.9%	1,6 M €	+27.1%	1,3 M €	+74.5%	725,6 k €	+15.0%	630,8 k €	+31.5%	479,6 k €	+7.5%	446,3 k €	+30.7%	341,5 k €	+41.4%	241,4 k €	-1.7%	245,7 k €	-3.6%	254,9 k €	+43.9%	177,1 k €	+411%	34,6 k €	-34.4%	52,8 k €	+235%	-39,1 k €	-22.8%	-31,8 k €	-25.4%	-25,4 k €	-34.2%	-18,9 k €
Total assets	3,7 M €	-16.9%	4,5 M €	-11.6%	5,1 M €	+2.1%	5 M €	+90.6%	2,6 M €	+90.1%	1,4 M €	-26.7%	1,9 M €	+24.5%	1,5 M €	+24.2%	1,2 M €	+171%	449 k €	+12.8%	397,9 k €	-2.3%	407,4 k €	-22.1%	522,9 k €	+3.4%	506 k €	+101%	251,1 k €	-8.9%	275,8 k €	-1.7%	280,5 k €	-5.1%	295,7 k €	-5.4%	312,4 k €	-2.9%	321,7 k €
Cash	29,7 k €	-34.6%	45,3 k €	-78.5%	210,6 k €	-49.2%	414,8 k €	+40.2%	295,9 k €	+120%	134,8 k €	+1158%	10,7 k €	+68.9%	6,3 k €	+636%	861,6 €	-87.8%	7 k €	-95.7%	164,9 k €	-17.5%	199,9 k €	-40.2%	334,2 k €		–		–		17,1 k €		–		–		–		–
Debts	1,2 M €	-49.3%	2,4 M €	-20.2%	3,1 M €	-9.8%	3,4 M €	+150%	1,4 M €	+107%	651,7 k €	-47.8%	1,2 M €	+21.2%	1 M €	+34.0%	768,6 k €	+615%	107,5 k €	+1559%	6,5 k €	-24.5%	8,6 k €	-91.9%	106,1 k €	-38.0%	170,9 k €	+159%	66 k €	-1.6%	67,1 k €	-78.4%	310,9 k €	-2.5%	318,8 k €	-3.1%	329,1 k €	-0.9%	332,2 k €
Other
Workforce	0,0 ETP		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 16 ended

Active mandates

QUALIS LABOR

Director · since 30 décembre 2025 · until 28 mai 2031 · 0781.298.574

Represented by Koen De Meyer

Active

Simon Van Hoof

Director · since 23 janvier 2025 · until 29 mai 2030

Active

Ended mandates

Never Grow Up

Director · since 23 janvier 2025 · until 30 juin 2030 · 0440.060.591

Represented by Koen De Meyer

Ended

Simon Van Hoof

Director · since 23 janvier 2025 · until 30 juin 2030

Ended

Veerle Van Hecke

Managing director · since 28 juin 2023 · until 23 janvier 2025

Ended

Miguel Van Hoof

Managing director · since 28 juillet 2015 · until 23 janvier 2025

Ended

At this address

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	10/08/2026	28/08/2025	26/08/2024	03/07/2023	29/06/2022	01/07/2021
General meeting	08/08/2026	14/08/2025	30/06/2024	28/06/2023	29/06/2022	24/06/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	08/08/2026	10/08/2026	Dutch	PDF
Abridged model	31/12/2024	14/08/2025	28/08/2025	Dutch	PDF
Abridged model	31/12/2023	30/06/2024	26/08/2024	Dutch	PDF
Abridged model	31/12/2022	28/06/2023	03/07/2023	Dutch	PDF
Abridged model	31/12/2021	29/06/2022	29/06/2022	Dutch	PDF
Abridged model	31/12/2020	24/06/2021	01/07/2021	Dutch	PDF
Abridged model	31/12/2019	25/06/2020	30/06/2020	Dutch	PDF
Abridged model	31/12/2018	30/06/2019	19/07/2019	Dutch	PDF
Abridged model	31/12/2017	30/06/2018	24/07/2018	Dutch	PDF
Abridged model	31/12/2016	30/06/2017	27/07/2017	Dutch	PDF
Abridged model	31/12/2015	27/05/2016	01/07/2016	Dutch	PDF
Abridged model	31/12/2014	27/05/2015	16/06/2015	Dutch	PDF
Abridged model	31/12/2013	28/05/2014	10/06/2014	Dutch	PDF
Abridged model	31/12/2012	29/05/2013	21/06/2013	Dutch	PDF
Abridged model	31/12/2011	30/05/2012	25/06/2012	Dutch	PDF
Abridged model	31/12/2010	28/06/2011	20/07/2011	Dutch	PDF
Abridged model	31/12/2009	26/05/2010	15/06/2010	Dutch	PDF
Abridged model	31/12/2008	27/05/2009	03/06/2009	Dutch	PDF
Abridged model	31/12/2007	28/05/2008	03/06/2008	Dutch	PDF
Abridged model	31/12/2006	30/05/2007	04/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 16 ended

Active mandates

QUALIS LABOR

Director · since 30 décembre 2025 · until 28 mai 2031 · 0781.298.574

Represented by Koen De Meyer

Active

Simon Van Hoof

Director · since 23 janvier 2025 · until 29 mai 2030

Active

Ended mandates

Never Grow Up

Director · since 23 janvier 2025 · until 30 juin 2030 · 0440.060.591

Represented by Koen De Meyer

Ended

Simon Van Hoof

Director · since 23 janvier 2025 · until 30 juin 2030

Ended

Veerle Van Hecke

Managing director · since 28 juin 2023 · until 23 janvier 2025

Ended

Miguel Van Hoof

Managing director · since 28 juillet 2015 · until 23 janvier 2025

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates08/06/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/03/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/03/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/11/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/09/2015
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/08/2011
ONTSLAGEN - BENOEMINGEN
PDF
Registered office01/04/2011
MAATSCHAPPELIJKE ZETEL
PDF
Mandates19/09/2007
ONTSLAGEN - BENOEMINGEN
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

2025
Annual accounts 2025441,8 k €↑
2024
Annual accounts 202427,4 k €↓
2023
Annual accounts 2023433,5 k €↑
2022
Annual accounts 2022342,5 k €↓
2021
Annual accounts 2021540,5 k €↑
2020
Annual accounts 202094,8 k €↓
2019
Annual accounts 2019151,2 k €↑
2018
Annual accounts 201833,4 k €↓
2017
Annual accounts 2017104,8 k €↑
2016
Annual accounts 2016100 k €↑
2015
Annual accounts 2015-4,3 k €↑
2014
Annual accounts 2014-9,1 k €↓
2013
Annual accounts 201377,8 k €↓
2012
Annual accounts 2012142,4 k €↑
2011
Annual accounts 2011-18,2 k €↓
2010
Annual accounts 201091,9 k €↑
2009
Annual accounts 2009-7,3 k €↓
2008
Annual accounts 2008-6,4 k €↑
2007
Annual accounts 2007-6,5 k €↑
2006
Annual accounts 2006-7,5 k €
02/11/1983
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Businga

Overview

What does Businga do?

Trend over 20 financial years

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