ACTIVE

CLIP DISPLAY SERVICES

Financial year 2025 · closed on 31/12/2025
Net result
118,2 k €
-37.5% YoY
Gross margin
1,2 M €
+6.5% YoY
Equity
486,9 k €
+32.1% YoY
Workforce
12,9 ETP
+12.2% YoY

What does CLIP DISPLAY SERVICES do?

CLIP DISPLAY SERVICES is a Public limited company incorporated in 1991. Its main activity is: Air transport. Its registered office is in Koksijde. It employs on average 12,9 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0444.808.148
Incorporation
29/07/1991
Legal form
Public limited company
Registered office
Jakobuskruidstraat(Kok) 1 box 305
8670 Koksijde · FlandreSee on map
Contributed capital
62 000,00 €
Latest accounts
31/12/2025
Average workforce
12,9 ETP
Joint committees (2)
  • 200
  • 218
Contacts
2 public details availableLog in to view
Signals
ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin1,2 M €1,1 M €1,2 M €1 M €668,1 k €288,9 k €813,5 k €810 k €786,9 k €
EBITDA325,5 k €425,4 k €406,4 k €300,9 k €313 k €19,9 k €98,1 k €145,1 k €-46,4 k €102,1 k €44,8 k €36,2 k €108,7 k €87,6 k €84,2 k €129,2 k €15,4 k €150,6 k €135,4 k €130,9 k €
Operating result194,6 k €268,4 k €397,8 k €69 k €205,1 k €-68,8 k €26,2 k €62,5 k €-85,3 k €50 k €3,3 k €-3,3 k €91,6 k €68,1 k €63,5 k €106,9 k €-3,2 k €116,4 k €96,2 k €107,6 k €
Net result118,2 k €189,1 k €285,5 k €54,9 k €194,4 k €-59,2 k €2,7 k €42,2 k €-93,5 k €16,2 k €-11,9 k €-15,6 k €49,8 k €37,1 k €33 k €60,7 k €-7,4 k €64,8 k €52,4 k €62,2 k €
Balance sheet
Equity486,9 k €368,7 k €379,6 k €94,1 k €89,2 k €-5,2 k €54 k €51,3 k €9,1 k €102,6 k €86,4 k €98,3 k €113,9 k €104 k €91,9 k €83,9 k €73,2 k €155,6 k €140,8 k €138,4 k €
Total assets2,3 M €1,9 M €1,3 M €1,6 M €1,2 M €865,2 k €659,3 k €607,7 k €857,7 k €939,9 k €747,6 k €647,8 k €636,5 k €684,8 k €661,8 k €657,2 k €659,7 k €877,2 k €884,6 k €756,1 k €
Cash132,7 k €221,4 k €221,9 k €210,6 k €207,3 k €40,1 k €21,7 k €15,3 k €22 k €11,6 k €13,8 k €6,7 k €15 k €2,4 k €20,4 k €898 €2,6 k €37,8 k €61,1 k €
Debts1,8 M €1,4 M €916,9 k €1,1 M €923,8 k €698,5 k €501,6 k €506,9 k €824,8 k €747,1 k €550,9 k €485 k €469,7 k €514,5 k €477,9 k €523,8 k €499,4 k €681,7 k €736,9 k €609,6 k €
Other
Workforce12,9 ETP11,5 ETP11,3 ETP10,8 ETP11,5 ETP14,3 ETP15,7 ETP17,4 ETP18,3 ETP15,3 ETP12,5 ETP11,6 ETP10,3 ETP10,7 ETP9,6 ETP10,6 ETP11,1 ETP10,2 ETP10,1 ETP8,9 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 19 ended

Active mandates

Laurence Bechoux

Managing director

Active
VIREO

Director · 0876.419.546

Represented by Laurence Bechoux

Active

Ended mandates

Laurence Bechoux

Managing director · since 11 avril 2019 · until 06 juin 2025

Ended
VIREO

Director · since 11 avril 2019 · until 06 juin 2025 · 0876.419.546

Represented by Jean-Michel Ochel

Ended
VIREO

Director · since 11 avril 2019 · until 06 juin 2025 · 0876.419.546

Represented by Jean-Michel Ochel

Ended
Geoff Barrett

Managing director · since 02 juin 2017 · until 11 avril 2019

Ended
At this address

Other companies at this address

CompanyCBE no.
0439.490.469
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date07/07/202613/08/202523/07/202425/07/202311/08/202202/12/2021
General meeting06/07/202606/06/202507/06/202402/06/202326/07/202225/10/2021
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

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202506/07/202607/07/2026DutchPDF
Abridged model31/12/202406/06/202513/08/2025DutchPDF
Abridged model31/12/202307/06/202423/07/2024DutchPDF
Abridged model31/12/202202/06/202325/07/2023DutchPDF
Abridged model31/12/202126/07/202211/08/2022DutchPDF
Abridged model31/12/202025/10/202102/12/2021DutchPDF
Full model31/12/201930/06/202028/07/2020DutchPDF
Full model31/12/201809/04/201924/06/2019DutchPDF
Full model31/12/201710/07/201831/08/2018DutchPDF
Full model31/12/201602/06/201710/07/2017DutchPDF
Full model31/12/201503/06/201611/10/2016DutchPDF
Full model31/12/201405/06/201501/07/2015DutchPDF
Full model31/12/201306/06/201401/07/2014DutchPDF
Full model31/12/201207/06/201303/07/2013DutchPDF
Full model31/12/201101/06/201231/07/2012DutchPDF
Full model31/12/201003/06/201117/06/2011DutchPDF
Full model31/12/200904/06/201009/07/2010DutchPDF
Abridged model31/12/200805/06/200915/07/2009DutchPDF
Abridged model31/12/200706/06/200808/08/2008DutchPDF
Abridged model31/12/200601/06/200704/07/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 19 ended

Active mandates

Laurence Bechoux

Managing director

Active
VIREO

Director · 0876.419.546

Represented by Laurence Bechoux

Active

Ended mandates

Laurence Bechoux

Managing director · since 11 avril 2019 · until 06 juin 2025

Ended
VIREO

Director · since 11 avril 2019 · until 06 juin 2025 · 0876.419.546

Represented by Jean-Michel Ochel

Ended
VIREO

Director · since 11 avril 2019 · until 06 juin 2025 · 0876.419.546

Represented by Jean-Michel Ochel

Ended
Geoff Barrett

Managing director · since 02 juin 2017 · until 11 avril 2019

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates27/05/2021
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/05/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/12/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/04/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/05/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office12/01/2015
    MAATSCHAPPELIJKE ZETEL - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates20/04/2011
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/07/2010
    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

Timeline

  1. 2025
    Annual accounts 2025118,2 k €
  2. 2024
    Annual accounts 2024189,1 k €
  3. 2023
    Annual accounts 2023285,5 k €
  4. 2022
    Annual accounts 202254,9 k €
  5. 2021
    Annual accounts 2021194,4 k €
  6. 2020
    Annual accounts 2020-59,2 k €
  7. 2019
    Annual accounts 20192,7 k €
  8. 2018
    Annual accounts 201842,2 k €
  9. 2017
    Annual accounts 2017-93,5 k €
  10. 2016
    Annual accounts 201616,2 k €
  11. 2015
    Annual accounts 2015-11,9 k €
  12. 2014
    Annual accounts 2014-15,6 k €
  13. 2013
    Annual accounts 201349,8 k €
  14. 2012
    Annual accounts 201237,1 k €
  15. 2011
    Annual accounts 201133 k €
  16. 2010
    Annual accounts 201060,7 k €
  17. 2009
    Annual accounts 2009-7,4 k €
  18. 2008
    Annual accounts 200864,8 k €
  19. 2007
    Annual accounts 200752,4 k €
  20. 2006
    Annual accounts 200662,2 k €
  21. 29/07/1991
    IncorporationPublic limited company