ACTIVE

THE BOTTOM LINE

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Financial year 2025 · closed on 31/08/2025

Net result

-15,3 k €

-296.5% YoY

Gross margin

192,8 k €

+47.4% YoY

Equity

2 M €

-0.8% YoY

What does THE BOTTOM LINE do?

THE BOTTOM LINE is a Public limited company incorporated in 1992. Its main activity is: Advertising agencies. Its registered office is in Gent.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0448.804.746

Incorporation

30/11/1992

Legal form

Public limited company

Registered office

Kouter 158/501
9000 Gent · FlandreSee on map

Contributed capital

92 024,64 €

Latest accounts

31/08/2025

Activities (NACE)

73110Advertising agencies· main 74872Other professional, scientific and technical activities 82300Organisation of conventions and trade shows 68201Rental and operating of own or leased real estate 77110Rental and leasing of cars and light motor vehicles 82300Organisation of conventions and trade shows+1

Signals

Solid equityLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2015		2014		2013		2011		2010		2009		2008
Income statement
Gross margin	192,8 k €	+47.4%	130,8 k €	-16.3%	156,3 k €	+115%	72,6 k €	-89.0%	662,7 k €	+1923%	-36,3 k €	+30.0%	-51,9 k €	-110%	499,1 k €	-64.2%	1,4 M €	+388%	286,3 k €	+531%	-66,4 k €	+84.3%	-422,1 k €	-298%	213,2 k €	+622%	-40,9 k €	-228%	31,9 k €	-72.5%	116 k €
EBITDA	179,2 k €	+66.1%	107,9 k €	-28.3%	150,4 k €	+203%	49,6 k €	-91.8%	607,4 k €	+873%	-78,6 k €	-9.1%	-72,1 k €	-115%	481,5 k €	-64.7%	1,4 M €	+382%	282,8 k €	+343%	-116,5 k €	+72.5%	-424,4 k €	-323%	190,5 k €	+526%	-44,7 k €	-254%	29 k €	-73.4%	108,9 k €
Operating result	27 k €	-55.0%	59,9 k €	-54.4%	131,4 k €	+279%	34,7 k €	+132%	-108,1 k €	-18.9%	-90,8 k €	+27.1%	-124,6 k €	-428%	-23,6 k €	-111%	208,5 k €	+149%	-421,9 k €	-73.8%	-242,8 k €	+49.5%	-480,6 k €	-424%	148,3 k €	+264%	-90,4 k €	-1143%	-7,3 k €	-110%	69,4 k €
Net result	-15,3 k €	-297%	7,8 k €	-92.3%	101,8 k €	+450%	18,5 k €	-77.3%	81,3 k €	+188%	-92,2 k €	-382%	32,7 k €	+129%	-112,4 k €	-267%	67,1 k €	-54.8%	148,5 k €	-81.2%	791,5 k €	+2625%	29 k €	-77.9%	131,4 k €	+162%	-211,5 k €	-10308%	-2 k €	+98.2%	-115,8 k €
Balance sheet
Equity	2 M €	-0.8%	2 M €	-0.1%	2 M €	+3.2%	1,9 M €	+1.0%	1,9 M €	+4.5%	1,8 M €	-4.9%	1,9 M €	+1.7%	1,9 M €	-5.7%	2 M €	+3.5%	1,9 M €	+8.4%	1,8 M €	+81.3%	973,5 k €	+3.1%	944,5 k €	+16.2%	813 k €	-20.6%	1 M €	-0.2%	1 M €
Total assets	3 M €	-2.8%	3,1 M €	+5.6%	2,9 M €	+33.2%	2,2 M €	+0.8%	2,2 M €	-3.9%	2,3 M €	-30.9%	3,3 M €	-4.2%	3,4 M €	-4.5%	3,6 M €	+15.6%	3,1 M €	-26.4%	4,2 M €	+25.9%	3,3 M €	+69.6%	2 M €	+103%	969,1 k €	-20.7%	1,2 M €	+1.3%	1,2 M €
Cash	100,8 k €	-36.7%	159,3 k €	+24.7%	127,7 k €	-70.4%	431,8 k €	-21.1%	547,4 k €	+7.5%	509 k €	-34.0%	771,1 k €	+1268%	56,4 k €	+2269%	2,4 k €	-99.6%	569,6 k €	+738%	67,9 k €	+142%	28 k €	+114%	13,1 k €	-41.4%	22,4 k €	+32.2%	16,9 k €	-2.8%	17,4 k €
Debts	900,7 k €	-15.1%	1,1 M €	+11.8%	948,3 k €	+233%	285 k €	-0.9%	287,7 k €	-37.1%	457,7 k €	-63.6%	1,3 M €	-18.9%	1,6 M €	-2.9%	1,6 M €	+35.2%	1,2 M €	-51.5%	2,4 M €	+3.2%	2,4 M €	+131%	1 M €	+769%	118 k €	-38.7%	192,5 k €	+7.2%	179,6 k €
Other
Workforce	–		–		0,0 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 31/08/2025 · 2 active · 10 ended

Active mandates

Griet Stuckens

Director

Active

Tom De Wilde

Managing director

Active

Ended mandates

Griet Stuckens

Director · since 19 mars 2015 · until 19 mars 2021

Ended

Tom De Wilde

Managing director · since 19 mars 2015 · until 19 mars 2021

Ended

Griet Stuckens

Director · since 19 mars 2009 · until 19 mars 2015

Ended

Hugo De Wilde

Director · since 19 mars 2009 · until 21 décembre 2012

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Abridged model	Micro model	Micro model	Abridged model
Start of the financial year	01/09/2024	01/09/2023	01/09/2022	01/09/2021	01/09/2020	01/09/2019
Closing of the financial year	31/08/2025	31/08/2024	31/08/2023	31/08/2022	31/08/2021	31/08/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	09/04/2026	31/03/2025	03/04/2024	31/03/2023	31/03/2022	29/03/2021
General meeting	31/03/2026	31/03/2025	29/02/2024	16/02/2023	17/02/2022	18/02/2021
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

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/08/2025	31/03/2026	09/04/2026	Dutch	PDF
Micro model	31/08/2024	31/03/2025	31/03/2025	Dutch	PDF
Abridged model	31/08/2023	29/02/2024	03/04/2024	Dutch	PDF
Micro model	31/08/2022	16/02/2023	31/03/2023	Dutch	PDF
Micro model	31/08/2021	17/02/2022	31/03/2022	Dutch	PDF
Abridged model	31/08/2020	18/02/2021	29/03/2021	Dutch	PDF
Abridged model	31/08/2019	20/02/2020	30/04/2020	Dutch	PDF
Abridged model	31/08/2018	21/02/2019	29/03/2019	Dutch	PDF
Abridged model	31/08/2017	15/02/2018	30/03/2018	Dutch	PDF
Abridged model	30/09/2015	17/03/2016	28/04/2016	Dutch	PDF
Abridged model	30/09/2014	19/03/2015	22/04/2015	Dutch	PDF
Abridged model	30/09/2013	20/03/2014	02/04/2014	Dutch	PDF
Abridged model	31/12/2011	15/03/2012	31/08/2012	Dutch	PDF
Abridged model	31/12/2010	17/03/2011	31/08/2011	Dutch	PDF
Abridged model	31/12/2009	18/03/2010	26/08/2010	Dutch	PDF
Abridged model	31/12/2008	19/03/2009	28/09/2009	Dutch	PDF
Abridged model	31/12/2007	20/03/2008	29/09/2008	Dutch	PDF
Abridged model	31/12/2006	15/03/2007	30/05/2008	Dutch	PDF

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 31/08/2025 · 2 active · 10 ended

Active mandates

Griet Stuckens

Director

Active

Tom De Wilde

Managing director

Active

Ended mandates

Griet Stuckens

Director · since 19 mars 2015 · until 19 mars 2021

Ended

Tom De Wilde

Managing director · since 19 mars 2015 · until 19 mars 2021

Ended

Griet Stuckens

Director · since 19 mars 2009 · until 19 mars 2015

Ended

Hugo De Wilde

Director · since 19 mars 2009 · until 21 décembre 2012

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates11/10/2023
ONTSLAGEN - BENOEMINGEN
PDF
Registered office24/03/2023
MAATSCHAPPELIJKE ZETEL
PDF
Registered office07/02/2020
MAATSCHAPPELIJKE ZETEL
PDF
Other28/10/2016
BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office13/04/2016
MAATSCHAPPELIJKE ZETEL
PDF
Mandates23/04/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/04/2013
ONTSLAGEN - BENOEMINGEN - BOEKJAAR
PDF
Other27/04/2012
ALGEMENE VERGADERING
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 2025-15,3 k €↓
2024
Annual accounts 20247,8 k €↓
2023
Annual accounts 2023101,8 k €↑
2022
Annual accounts 202218,5 k €↓
2021
Annual accounts 202181,3 k €↑
2020
Annual accounts 2020-92,2 k €↓
2019
Annual accounts 201932,7 k €↑
2018
Annual accounts 2018-112,4 k €↓
2017
Annual accounts 201767,1 k €↓
2015
Annual accounts 2015148,5 k €↓
2014
Annual accounts 2014791,5 k €↑
2013
Annual accounts 201329 k €↓
2011
Annual accounts 2011131,4 k €↑
2010
Annual accounts 2010-211,5 k €↓
2009
Annual accounts 2009-2 k €↑
2008
Annual accounts 2008-115,8 k €
30/11/1992
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

THE BOTTOM LINE

Overview

What does THE BOTTOM LINE do?

Trend over 16 financial years

Indicative valuation

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