NORMAL SITUATION

VERBRUGGE

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Financial year 2022 · closed on 31/12/2022

Net result

-3,5 M €

-234.0% YoY

Revenue

19,5 M €

+9.7% YoY

Equity

83,1 M €

-4.1% YoY

Workforce

54,7 ETP

+26.3% YoY

Company — Normal situation.

What does VERBRUGGE do?

VERBRUGGE is a company registered in Belgium. It employs on average 54,7 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0441.554.490

Legal form

Public limited company

Contributed capital

62 000 000,00 €

Latest accounts

31/12/2022

Average workforce

54,7 ETP

Joint committees (2)

Signals

Good liquidityPositive 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

	2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	19,5 M €	+9.7%	17,7 M €	+62.5%	10,9 M €	-3.0%	11,2 M €	-38.0%	18,1 M €	+0.5%	18 M €	+3.9%	17,4 M €	+18.6%	14,7 M €	+52.8%	9,6 M €	-29.8%	13,7 M €	+26.4%	10,8 M €	-27.3%	14,9 M €	+28.4%	11,6 M €	+63.8%	7,1 M €	-36.4%	11,1 M €	-36.6%	17,5 M €	+2.5%	17,1 M €
EBITDA	2,5 M €	-35.8%	3,8 M €	+34.4%	2,9 M €	-2.4%	2,9 M €	-50.6%	5,9 M €	-3.1%	6,1 M €	+6.8%	5,7 M €	-2.9%	5,9 M €	+107%	2,9 M €	-20.2%	3,6 M €	+73.8%	2,1 M €	-29.3%	2,9 M €	+30.1%	2,2 M €	+1516%	138,9 k €	-71.3%	483,5 k €	-75.6%	2 M €	-12.1%	2,3 M €
Operating result	2,3 M €	-39.8%	3,8 M €	+37.7%	2,8 M €	-2.2%	2,9 M €	-51.4%	5,9 M €	-4.2%	6,1 M €	+6.5%	5,8 M €	-4.2%	6 M €	+114%	2,8 M €	-19.2%	3,5 M €	+28.5%	2,7 M €	-12.5%	3,1 M €	+126%	1,4 M €	+797%	-196,6 k €	-208%	182,7 k €	-90.6%	1,9 M €	+25.9%	1,5 M €
Net result	-3,5 M €	-234%	2,6 M €	+40.1%	1,9 M €	+803%	208,1 k €	-92.2%	2,7 M €	-2.9%	2,7 M €	+2.5%	2,7 M €	-10.8%	3 M €	+267%	813,4 k €	-62.9%	2,2 M €	+8.6%	2 M €	-10.8%	2,3 M €	+59.2%	1,4 M €	+854%	-188,8 k €	+88.0%	-1,6 M €	-206%	1,5 M €	-1.9%	1,5 M €
Balance sheet
Equity	83,1 M €	-4.1%	86,6 M €	+3.1%	84 M €	+2.3%	82,1 M €	+0.3%	81,9 M €	+3.3%	79,2 M €	+3.6%	76,5 M €	+3.6%	73,8 M €	+7.2%	68,9 M €	+91.0%	36 M €	+319%	8,6 M €	+30.7%	6,6 M €	+52.4%	4,3 M €	+49.1%	2,9 M €	-6.1%	3,1 M €	-33.8%	4,7 M €	+19.3%	3,9 M €
Total assets	603,6 M €	+0.9%	598,5 M €	+22.3%	489,2 M €	+7.7%	454,2 M €	+16.4%	390 M €	+8.0%	361,1 M €	+2.7%	351,6 M €	+20.8%	291,2 M €	+9.3%	266,4 M €	+36.3%	195,4 M €	+1628%	11,3 M €	+24.3%	9,1 M €	+25.6%	7,2 M €	+24.9%	5,8 M €	-8.3%	6,3 M €	-32.7%	9,4 M €	+9.3%	8,6 M €
Cash	121,8 k €	+56.5%	77,8 k €	-93.9%	1,3 M €	+2702%	45,3 k €	-66.5%	135 k €	-87.8%	1,1 M €	+293%	281,1 k €	-75.5%	1,1 M €	+1592%	67,8 k €	-17.8%	82,4 k €	-92.9%	1,2 M €	-79.0%	5,5 M €	+555%	843,3 k €	+37.4%	614 k €	+3855%	15,5 k €	-97.7%	674,2 k €	+37.2%	491,5 k €
Debts	520,5 M €	+1.7%	511,8 M €	+26.3%	405,2 M €	+9.0%	371,8 M €	+20.7%	308 M €	+9.3%	281,7 M €	+2.5%	275 M €	+26.6%	217,2 M €	+11.0%	195,7 M €	+24.1%	157,7 M €	+15549%	1 M €	+26.7%	795,4 k €	-32.1%	1,2 M €	+8.1%	1,1 M €	-28.4%	1,5 M €	-53.1%	3,2 M €	+3.7%	3,1 M €
Other
Workforce	54,7 ETP	+26.3%	43,3 ETP	+35.7%	31,9 ETP	-14.7%	37,4 ETP	-12.0%	42,5 ETP	+1.4%	41,9 ETP	-2.1%	42,8 ETP	+12.6%	38,0 ETP	+16.2%	32,7 ETP	-6.8%	35,1 ETP	+9.3%	32,1 ETP	-21.9%	41,1 ETP	+6.8%	38,5 ETP	+0.5%	38,3 ETP	-28.5%	53,6 ETP	-17.4%	64,9 ETP	-11.7%	73,5 ETP

Governance

Board of directors

Seen on filing of 31/12/2022 · 3 active · 20 ended

Active mandates

Geert Ostyn

Director · since 24 mars 2020 · until 19 mars 2024

Active

PICANOL

Managing director · since 24 mars 2020 · until 19 mars 2024 · 0405.502.362

Represented by Luc Tack

Active

Stefaan Haspeslagh

Director · since 24 mars 2020 · until 19 mars 2024

Active

Ended mandates

Geert Ostyn

Director · since 18 mars 2014 · until 24 mars 2020

Ended

PICANOL

Managing director · since 18 mars 2014 · until 24 mars 2020 · 0405.502.362

Represented by Luc Tack

Ended

Stefaan Haspeslagh

Director · since 18 mars 2014 · until 24 mars 2020

Ended

Cathy DEFOOR

Director · since 15 mars 2011 · until 18 mars 2014

Ended

Annual accounts

Full financial information

	2022	2021	2020	2019	2018	2017
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2022	01/01/2021	01/01/2020	01/01/2019	01/01/2018	01/01/2017
Closing of the financial year	31/12/2022	31/12/2021	31/12/2020	31/12/2019	31/12/2018	31/12/2017
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	15/05/2023	10/05/2022	25/05/2021	22/06/2020	13/05/2019	16/05/2018
General meeting	21/03/2023	15/03/2022	31/03/2021	17/03/2020	19/03/2019	20/03/2018
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

34 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2022	21/03/2023	15/05/2023	Dutch	PDF
Full model	31/12/2021	15/03/2022	10/05/2022	Dutch	PDF
Full model	31/12/2020	31/03/2021	25/05/2021	Dutch	PDF
Full model	31/12/2019	17/03/2020	22/06/2020	Dutch	PDF
Full model	31/12/2018	19/03/2019	13/05/2019	Dutch	PDF
Full model	31/12/2017	20/03/2018	16/05/2018	Dutch	PDF
Full model	31/12/2016	21/03/2017	03/05/2017	Dutch	PDF
Full model	31/12/2015	15/03/2016	01/06/2016	Dutch	PDF
Full model	31/12/2014	07/04/2015	04/05/2015	Dutch	PDF
Full model	31/12/2013	18/03/2014	13/05/2014	Dutch	PDF
Full model	31/12/2012	19/03/2013	15/05/2013	Dutch	PDF
Full model	31/12/2011	20/03/2012	25/04/2012	Dutch	PDF
Full model	31/12/2010	15/03/2011	16/05/2011	Dutch	PDF
Full model	31/12/2009	16/03/2010	27/04/2010	Dutch	PDF
Full model	31/12/2008	17/03/2009	27/05/2009	Dutch	PDF
Full model	31/12/2007	18/03/2008	29/05/2008	Dutch	PDF
Full model	31/12/2006	20/03/2007	23/05/2007	Dutch	PDF
Full model	31/12/2005	21/03/2006	22/05/2006	Dutch	PDF
Full model	31/12/2004	15/03/2005	28/04/2005	Dutch	PDF
Full model	31/12/2003	07/04/2004	08/06/2004	Dutch	PDF
Full model	31/12/2002	02/04/2003	02/05/2003	Dutch	PDF
Full model	31/12/2001	21/07/2002	03/09/2002	Dutch	PDF
Full model	31/12/2000	04/04/2001	18/07/2001	Dutch	PDF
Full model	31/12/1999	05/04/2000	19/05/2000	Dutch	PDF

View all 34 filings

Estimate

Indicative valuation

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 31/12/2022 · 3 active · 20 ended

Active mandates

Geert Ostyn

Director · since 24 mars 2020 · until 19 mars 2024

Active

PICANOL

Managing director · since 24 mars 2020 · until 19 mars 2024 · 0405.502.362

Represented by Luc Tack

Active

Stefaan Haspeslagh

Director · since 24 mars 2020 · until 19 mars 2024

Active

Ended mandates

Geert Ostyn

Director · since 18 mars 2014 · until 24 mars 2020

Ended

PICANOL

Managing director · since 18 mars 2014 · until 24 mars 2020 · 0405.502.362

Represented by Luc Tack

Ended

Stefaan Haspeslagh

Director · since 18 mars 2014 · until 24 mars 2020

Ended

Cathy DEFOOR

Director · since 15 mars 2011 · until 18 mars 2014

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Dissolution07/08/2023
RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ... - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring15/06/2023
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates21/10/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/06/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/06/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/06/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/05/2017
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

2022
Annual accounts 2022-3,5 M €↓
2021
Annual accounts 20212,6 M €↑
2020
Annual accounts 20201,9 M €↑
2019
Annual accounts 2019208,1 k €↓
2018
Annual accounts 20182,7 M €↓
2017
Annual accounts 20172,7 M €↑
2016
Annual accounts 20162,7 M €↓
2015
Annual accounts 20153 M €↑
2014
Annual accounts 2014813,4 k €↓
2013
Annual accounts 20132,2 M €↑
2012
Annual accounts 20122 M €↓
2011
Annual accounts 20112,3 M €↑
2010
Annual accounts 20101,4 M €↑
2009
Annual accounts 2009-188,8 k €↑
2008
Annual accounts 2008-1,6 M €↓
2007
Annual accounts 20071,5 M €↓
2006
Annual accounts 20061,5 M €

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

VERBRUGGE

Overview

What does VERBRUGGE do?

Trend over 17 financial years

Board of directors

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