ACTIVE

DPG Media

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Financial year 2025 · closed on 31/12/2025

Net result

35,1 M €

-22.3% YoY

Revenue

572,3 M €

+0.2% YoY

Equity

139,7 M €

-28.2% YoY

Workforce

1 155,8 ETP

-2.7% YoY

What does DPG Media do?

DPG Media is a Public limited company incorporated in 1987. Its main activity is: Television programming and broadcasting activities. Its registered office is in Antwerpen. It employs on average 1 155,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0432.306.234

Incorporation

28/10/1987

Legal form

Public limited company

Registered office

Mediaplein 1
2018 Antwerpen · FlandreSee on map

Contributed capital

59 500 000,00 €

Latest accounts

31/12/2025

Average workforce

1 155,8 ETP

Activities (NACE)

60200Television programming and broadcasting activities· main 60200Television programming and broadcasting activities 92203Gambling and betting activities 56111Restaurants and mobile food service activities 56210Event catering activities 58130Publishing of newspapers+5

Joint committees (1)

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	572,3 M €	+0.2%	571,3 M €	+3.9%	550,1 M €	-3.0%	567,3 M €	-0.4%	569,5 M €	+119%	260,3 M €	-0.6%	262 M €	+2.1%	256,7 M €	+3.9%	247,1 M €	-8.5%	270 M €	+0.6%	268,4 M €	-3.0%	276,7 M €	+6.1%	260,7 M €	+11.1%	234,6 M €	-3.9%	244,1 M €	+4.3%	234,1 M €	+4.9%	223,1 M €
EBITDA	65,8 M €	-18.1%	80,3 M €	-0.7%	80,9 M €	+1.8%	79,4 M €	-63.0%	214,9 M €	+281%	56,3 M €	-7.5%	60,9 M €	+19.3%	51,1 M €	+6.0%	48,2 M €	+23.5%	39 M €	+6.8%	36,5 M €	-31.3%	53,1 M €	-23.4%	69,4 M €	+56.3%	44,4 M €	-5.4%	46,9 M €	-14.7%	55 M €	+87.0%	29,4 M €
Operating result	58,7 M €	-20.9%	74,2 M €	+0.2%	74,1 M €	+28.9%	57,5 M €	-72.4%	208,6 M €	+317%	50 M €	-6.2%	53,3 M €	+21.4%	43,9 M €	+5.2%	41,7 M €	+23.2%	33,9 M €	+29.5%	26,1 M €	-42.9%	45,8 M €	-25.6%	61,5 M €	+69.5%	36,3 M €	-6.7%	38,9 M €	-18.1%	47,5 M €	+113%	22,3 M €
Net result	35,1 M €	-22.3%	45,2 M €	-24.7%	60 M €	-19.0%	74,1 M €	-58.5%	178,7 M €	+521%	28,8 M €	+831%	-3,9 M €	-114%	28,3 M €	+18.0%	24 M €	+15.3%	20,8 M €	+18.7%	17,6 M €	-44.4%	31,6 M €	-25.9%	42,6 M €	+70.1%	25,1 M €	+65.1%	15,2 M €	-56.1%	34,6 M €	+98.7%	17,4 M €
Balance sheet
Equity	139,7 M €	-28.2%	194,5 M €	+2.8%	189,3 M €	+11.8%	169,3 M €	+2.5%	165,2 M €	+241%	48,4 M €	-2.4%	49,6 M €	-32.6%	73,5 M €	-2.3%	75,2 M €	-17.6%	91,3 M €	-9.2%	100,5 M €	-11.1%	112,9 M €	+1.4%	111,4 M €	+12.7%	98,8 M €	-13.2%	113,8 M €	-11.6%	128,7 M €	+13.1%	113,9 M €
Total assets	522,7 M €	-8.6%	571,9 M €	+18.0%	484,6 M €	+7.3%	451,5 M €	-11.1%	508 M €	+117%	233,7 M €	+5.8%	220,9 M €	-4.2%	230,5 M €	+16.3%	198,2 M €	-2.0%	202,2 M €	-8.1%	220 M €	+5.3%	208,9 M €	+3.2%	202,5 M €	+14.3%	177,1 M €	-10.0%	196,8 M €	+0.4%	195,9 M €	+8.7%	180,3 M €
Cash	26,6 M €	-62.0%	69,9 M €	+590%	10,1 M €	-26.3%	13,8 M €	-15.6%	16,3 M €	+29.4%	12,6 M €	-43.9%	22,4 M €	+93.4%	11,6 M €	+32.3%	8,8 M €	+104%	4,3 M €	-72.0%	15,3 M €	+5664%	265,9 k €	-87.6%	2,1 M €	+2745%	75,5 k €	-5.0%	79,4 k €	-47.2%	150,6 k €	+120%	68,4 k €
Debts	340,5 M €	+1.7%	334,7 M €	+32.6%	252,4 M €	+9.4%	230,8 M €	-21.6%	294,4 M €	+66.7%	176,6 M €	+8.4%	162,9 M €	+10.2%	147,8 M €	+26.6%	116,7 M €	+7.2%	108,8 M €	-6.8%	116,8 M €	+23.0%	94,9 M €	+8.2%	87,7 M €	+25.5%	69,8 M €	-2.6%	71,7 M €	+27.8%	56,1 M €	+5.0%	53,4 M €
Other
Workforce	1 155,8 ETP	-2.7%	1 187,9 ETP	-1.5%	1 206,4 ETP	+5.0%	1 148,9 ETP	+3.8%	1 107,3 ETP	+94.3%	570,0 ETP	+7.6%	529,7 ETP	-0.4%	531,6 ETP	-1.7%	540,9 ETP	+2.0%	530,3 ETP	-1.7%	539,7 ETP	+0.7%	535,7 ETP	+7.5%	498,2 ETP	+4.5%	476,9 ETP	-1.9%	486,1 ETP	+6.6%	456,1 ETP	+0.1%	455,8 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 M€ and 1.000 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 39 ended

Active mandates

Christian Van Thillo

Managing director · since 28 avril 2023 · until 27 avril 2029

Active

Christophe Convent

Director · since 28 avril 2023 · until 27 avril 2029

Active

Erik Roddenhof

Director · since 28 avril 2023 · until 27 avril 2029

Active

Ludwig Criel

Chairman of the board of directors · since 28 avril 2023 · until 27 avril 2029

Active

Piet Vroman

Director · since 28 avril 2023 · until 27 avril 2029

Active

Ended mandates

Ludwig Criel

Chairman of the board of directors · since 31 janvier 2018 · until 22 avril 2022

Ended

Ludwig Criel

Chairman of the board of directors · since 31 janvier 2018 · until 28 avril 2023

Ended

LUDWIG CRIEL

Chairman of the board of directors · since 31 janvier 2018 · until 13 avril 2023

Ended

Christian Van Thillo

Managing director · since 13 avril 2017 · until 28 avril 2023

Ended

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Annual accounts

Full financial information

	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	01/01/2025	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	13/05/2026	20/05/2025	16/05/2024	26/05/2023	11/05/2022	25/05/2021
General meeting	24/04/2026	25/04/2025	26/04/2024	28/04/2023	22/04/2022	23/04/2021
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
Full model	31/12/2025	24/04/2026	13/05/2026	Dutch	PDF
Full model	31/12/2024	25/04/2025	20/05/2025	Dutch	PDF
Full model	31/12/2023	26/04/2024	16/05/2024	Dutch	PDF
Full model	31/12/2022	28/04/2023	26/05/2023	Dutch	PDF
Full model	31/12/2021	22/04/2022	11/05/2022	Dutch	PDF
Full model	31/12/2020	23/04/2021	25/05/2021	Dutch	PDF
Full model	31/12/2019	24/04/2020	11/06/2020	Dutch	PDF
Full model	31/12/2018	26/04/2019	21/05/2019	Dutch	PDF
Full model	31/12/2017	12/04/2018	11/05/2018	Dutch	PDF
Full model	31/12/2016	13/04/2017	18/05/2017	Dutch	PDF
Full model	31/12/2015	14/04/2016	08/06/2016	Dutch	PDF
Full model	31/12/2014	09/04/2015	26/05/2015	Dutch	PDF
Full model	31/12/2013	10/04/2014	12/05/2014	Dutch	PDF
Full model	31/12/2012	11/04/2013	11/06/2013	Dutch	PDF
Full model	31/12/2011	12/04/2012	22/05/2012	Dutch	PDF
Full model	31/12/2010	14/04/2011	10/05/2011	Dutch	PDF
Full model	31/12/2009	08/04/2010	15/04/2010	Dutch	PDF
Full model	31/12/2008	09/04/2009	14/04/2009	Dutch	PDF
Full model	31/12/2007	10/04/2008	16/04/2008	Dutch	PDF
Full model	31/12/2006	24/04/2007	25/04/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 M€ and 1.000 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 · 5 active · 39 ended

Active mandates

Christian Van Thillo

Managing director · since 28 avril 2023 · until 27 avril 2029

Active

Christophe Convent

Director · since 28 avril 2023 · until 27 avril 2029

Active

Erik Roddenhof

Director · since 28 avril 2023 · until 27 avril 2029

Active

Ludwig Criel

Chairman of the board of directors · since 28 avril 2023 · until 27 avril 2029

Active

Piet Vroman

Director · since 28 avril 2023 · until 27 avril 2029

Active

Ended mandates

Ludwig Criel

Chairman of the board of directors · since 31 janvier 2018 · until 22 avril 2022

Ended

Ludwig Criel

Chairman of the board of directors · since 31 janvier 2018 · until 28 avril 2023

Ended

LUDWIG CRIEL

Chairman of the board of directors · since 31 janvier 2018 · until 13 avril 2023

Ended

Christian Van Thillo

Managing director · since 13 avril 2017 · until 28 avril 2023

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates04/06/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/07/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/03/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/06/2023
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring09/02/2023
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates12/01/2023
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring17/11/2022
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Mandates25/04/2022
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

24/04/2026
reconductionKurt Cappoen — commissaris
2025
Annual accounts 202535,1 M €↓
2024
Annual accounts 202445,2 M €↓
26/04/2024
nominationMieke Van Leeuwe — commissaris
2023
Annual accounts 202360 M €↓
21/12/2023
nominationBV PwC Bedrijfsrevisoren — Commissaris
01/12/2023
nominationPiet Vroman — dagelijks bestuurder
28/04/2023
reconductionLudwig Criel — Bestuurder / Voorzitter
28/04/2023
reconductionChristian Van Thillo — Bestuurder / Dagelijks Bestuurder
28/04/2023
reconductionChristophe Convent — Bestuurder
28/04/2023
reconductionPiet Vroman — Bestuurder
28/04/2023
nominationErik Roddenhof — Bestuurder
2022
Annual accounts 202274,1 M €↓
22/04/2022
nominationKurt Cappoen — commissaris
2021
Annual accounts 2021178,7 M €↑
2017
Annual accounts 201728,8 M €↑
2016
Annual accounts 2016-3,9 M €↓
2015
Annual accounts 201528,3 M €↑
2014
Annual accounts 201424 M €↑
2013
Annual accounts 201320,8 M €↑
2012
Annual accounts 201217,6 M €↓
2011
Annual accounts 201131,6 M €↓
2010
Annual accounts 201042,6 M €↑
2009
Annual accounts 200925,1 M €↑
2008
Annual accounts 200815,2 M €↓
2007
Annual accounts 200734,6 M €↑
2006
Annual accounts 200617,4 M €
28/10/1987
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

DPG Media

Overview

What does DPG Media do?

Trend over 17 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