ACTIVE

Grensland Media

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Financial year 2024 · Closed on 31/12/2024

Net result-109,1 k €+2,6 %over 1 year
Gross margin-11,4 k €-397,3 %over 1 year
Equity-317,8 k €-52,2 %over 1 year
Workforce1,0 ETP

Identity

Source · BCE/KBO

Grensland Media is a Private company with limited liability incorporated in 1993. Its main activity is: Advertising agencies. Its registered office is in Lanaken. It employs on average 1,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0450.794.830
Incorporation
26/08/1993
Legal form
Private company with limited liability
Registered office
Steenweg 243
3621 Lanaken · FlandreSee on map
Contributed capital
30 000,00 €
Latest accounts
31/12/2024
Average workforce
1,0 ETP
Joint committees (3)
  • 100
  • 200
  • 218

Financials

Source · NBB, 19 filings

Trend over 17 financial years

20242023202220212020
Income statement
Gross margin-11,4 k €-2,3 k €-10 k €-14 k €404,5 k €
EBITDA-82,7 k €-84 k €-46,8 k €-23,3 k €342,9 k €
Operating result-109 k €-111,7 k €-76,5 k €-51,1 k €320,1 k €
Net result-109,1 k €-112 k €-76,5 k €-51,8 k €318,2 k €
Balance sheet
Equity-317,8 k €-208,8 k €-96,7 k €-20,2 k €31,6 k €
Total assets313 k €332,4 k €348,8 k €378,6 k €357 k €
Cash1,1 k €2 k €1 k €417,7 €1,4 k €
Debts630,8 k €541,2 k €445,5 k €398,8 k €325,4 k €
Other
Workforce1,0 ETP0,0 ETP1,0 ETP1,0 ETP0,4 ETP

Board of directors

Source · NBB, accounts to 31/12/2024

1 active · 10 ended

Active mandates

Mathieu Cuijpers

Mandate

Active

Ended mandates

Demirkan Ogün

Director · since 01 août 2021

Ended
Hugo Willems

Director · since 01 août 2021

Ended
Mathieu Cuypers

Director · since 22 juin 2010

Ended
Armand Vliegen

Manager · since 14 mai 2008 · until 01 juillet 2011

Ended

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Steenweg 243 3621 Lanaken
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0469.699.041
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0456.118.150
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0447.918.779
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Full financial information

Source · NBB
202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/08/202503/06/202603/06/202631/08/202207/12/202110/03/2021
General meeting20/06/202502/06/202602/06/202627/05/202228/05/202122/05/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202420/06/202529/08/2025DutchPDF
Abridged model31/12/202302/06/202603/06/2026DutchPDF
Abridged model31/12/202202/06/202603/06/2026DutchPDF
Abridged model31/12/202127/05/202231/08/2022DutchPDF
Abridged model31/12/202028/05/202107/12/2021DutchPDF
Abridged model31/12/201922/05/202010/03/2021DutchPDF
Abridged model31/12/201824/05/201906/12/2019DutchPDF
Abridged model31/12/201725/05/201820/07/2018DutchPDF
Full model31/12/201626/05/201702/10/2017DutchPDF
Full model31/12/201527/05/201629/07/2016DutchPDF
Full model31/12/201422/05/201510/07/2015DutchPDF
Full model31/12/201323/05/201430/07/2014DutchPDF
Full model31/12/201224/05/201330/08/2013DutchPDF
Full modelCorrection31/12/201116/03/201225/09/2012DutchPDF
Full model31/12/201116/03/201222/08/2012DutchPDF
Full model31/12/201027/05/201131/08/2011DutchPDF
Abridged model30/06/200908/12/200921/12/2009DutchPDF
Abridged model30/06/200809/12/200822/01/2009DutchPDF
Abridged model30/06/200711/12/200718/12/2007DutchPDF

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.

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Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2024

1 active · 10 ended

Active mandates

Mathieu Cuijpers

Mandate

Active

Ended mandates

Demirkan Ogün

Director · since 01 août 2021

Ended
Hugo Willems

Director · since 01 août 2021

Ended
Mathieu Cuypers

Director · since 22 juin 2010

Ended
Armand Vliegen

Manager · since 14 mai 2008 · until 01 juillet 2011

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other15/07/2026
    —
    PDF
  • Other08/07/2026
    DIVERSEN
    PDF
  • Mandates03/02/2023
    ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
    PDF
  • Mandates08/10/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/10/2011
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other02/07/2010
    BOEKJAAR
    PDF
  • Mandates26/05/2008
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares06/10/2005
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

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Timeline

  1. 2024
    Annual accounts 2024-109,1 k €↑
  2. 2023
    Annual accounts 2023-112 k €↓
  3. 2022
    Annual accounts 2022-76,5 k €↓
  4. 2021
    Annual accounts 2021-51,8 k €↓
  5. 2020
    Annual accounts 2020318,2 k €↑
  6. 2019
    Annual accounts 2019-136,7 k €↓
  7. 2017
    Annual accounts 2017-102,3 k €↓
  8. 2016
    Annual accounts 2016-53,1 k €↓
  9. 2015
    Annual accounts 201566,7 k €↑
  10. 2014
    Annual accounts 2014-70,5 k €↓
  11. 2013
    Annual accounts 20137,9 k €↑
  12. 2012
    Annual accounts 2012-96,2 k €↑
  13. 2011
    Annual accounts 2011-167,3 k €↓
  14. 2010
    Annual accounts 2010-98,4 k €↓
  15. 2009
    Annual accounts 2009-80,3 k €↓
  16. 2008
    Annual accounts 2008125,1 k €↑
  17. 2007
    Annual accounts 200786,5 k €
  18. 26/08/1993
    IncorporationPrivate company with limited liability