ACTIVE

GROUP S

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Financial year 2025 · closed on 31/12/2025

Net result

-991,6 k €

+45.9% YoY

Revenue

86,1 M €

+1879.3% YoY

Equity

104,3 M €

+263.3% YoY

Workforce

654,7 ETP

+1536.8% YoY

What does GROUP S do?

GROUP S is a Public limited company incorporated in 1995. Its main activity is: Other professional, scientific and technical activities. Its registered office is in Bruxelles. It employs on average 654,7 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0456.681.542

Incorporation

14/12/1995

Legal form

Public limited company

Registered office

Rue des Ursulines 2
1000 Bruxelles · BruxellesSee on map

Contributed capital

109 485 426,51 €

Latest accounts

31/12/2025

Average workforce

654,7 ETP

Activities (NACE)

74854Other professional, scientific and technical activities· main 82100Office administrative and support activities 82110Combined office administrative service activities

Joint committees (2)

Signals

Solid equityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 15 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2009		2006
Income statement
Revenue	86,1 M €	+1879%	4,3 M €	+53.6%	2,8 M €	+90.8%	1,5 M €	+112%	699,1 k €	-49.7%	1,4 M €	-2.8%	1,4 M €	+33.2%	1,1 M €	-35.9%	1,7 M €	+14.5%	1,5 M €	-0.2%	1,5 M €	+18.9%	1,2 M €	-20.1%	1,5 M €	+65.7%	929,7 k €		–
EBITDA	4,6 M €	+367%	-1,7 M €	+2.2%	-1,7 M €	-1141%	-140,9 k €	-908%	17,4 k €	-83.7%	107 k €	-13.9%	124,3 k €	+259%	34,6 k €	-36.5%	54,6 k €	-65.5%	158,3 k €	+56.0%	101,5 k €	+149%	40,7 k €	-26.2%	55,2 k €	+4.7%	52,7 k €	+38.5%	38,1 k €
Operating result	-557,3 k €	+68.4%	-1,8 M €	+3.0%	-1,8 M €	-1435%	-118,3 k €	-821%	16,4 k €	-84.7%	107,1 k €	-10.2%	119,3 k €	+274%	31,9 k €	-23.9%	41,9 k €	-71.5%	147,2 k €	+64.8%	89,3 k €	+87.3%	47,7 k €	-29.7%	67,8 k €	+29.9%	52,2 k €	+55.1%	33,6 k €
Net result	-991,6 k €	+45.9%	-1,8 M €	+8.3%	-2 M €	-757%	-233,3 k €	-2185%	11,2 k €	-83.9%	69,6 k €	+0.9%	69,1 k €	+118%	31,7 k €	+129%	13,8 k €	-81.7%	75,5 k €	+140%	-187,8 k €	-1311%	15,5 k €	-34.3%	23,6 k €	-13.7%	27,3 k €	+74.0%	15,7 k €
Balance sheet
Equity	104,3 M €	+263%	28,7 M €	+183%	10,1 M €	+6967%	143,5 k €	-61.9%	376,9 k €	+3.1%	365,7 k €	+23.5%	296 k €	+30.4%	227 k €	+16.2%	195,3 k €	+7.6%	181,5 k €	+71.2%	106 k €	-63.9%	293,7 k €	+5.6%	278,2 k €	+50.6%	184,8 k €	+10.9%	166,6 k €
Total assets	141,6 M €	+212%	45,4 M €	+213%	14,5 M €	+81.8%	8 M €	+88.9%	4,2 M €	+484%	722,9 k €	+72.2%	419,7 k €	-14.4%	490,1 k €	-25.9%	661 k €	+8.2%	611 k €	-48.9%	1,2 M €	+16.3%	1 M €	-5.9%	1,1 M €	+26.4%	865,3 k €	+4.1%	831,2 k €
Cash	3,5 M €	+273%	931 k €	-70.4%	3,1 M €	+1402%	209,5 k €	-92.8%	2,9 M €	+928%	282,1 k €	-11.8%	319,6 k €	+159%	123,4 k €	+28.8%	95,8 k €	+819%	10,4 k €	-97.0%	346,5 k €	+176%	125,6 k €	-24.6%	166,4 k €	+57.2%	105,9 k €	-4.3%	110,7 k €
Debts	36,2 M €	+117%	16,7 M €	+287%	4,3 M €	-45.0%	7,8 M €	+104%	3,8 M €	+1009%	345,9 k €	+206%	113 k €	-51.8%	234,3 k €	-46.8%	440,5 k €	+8.5%	405,9 k €	-49.6%	805 k €	+13.8%	707,7 k €	-10.4%	790 k €	+18.9%	664,7 k €	+0.7%	660 k €
Other
Workforce	654,7 ETP	+1537%	40,0 ETP	+73.9%	23,0 ETP	+161%	8,8 ETP	+193%	3,0 ETP	0.0%	3,0 ETP	-3.2%	3,1 ETP	-13.9%	3,6 ETP	0.0%	3,6 ETP	-37.9%	5,8 ETP	0.0%	5,8 ETP	0.0%	5,8 ETP	-13.4%	6,7 ETP	+34.0%	5,0 ETP	-36.7%	7,9 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 12 active · 48 ended

Active mandates

BUILDWAYS

Managing director · since 19 mars 2026 · until 19 mars 2031 · 0837.864.818

Represented by Marc Peeters

Active

EMBUILD

Director · since 19 mars 2026 · until 19 mars 2031 · 0406.479.092

Represented by Niko Demeester

Active

Erkend sociaal secretariaat Accuria vzw, nr 870, erkend via MB 15/10/1986

Director · since 19 mars 2026 · until 19 mars 2031 · 0407.560.742

Represented by Bart Deprez

Active

SOFIAS

Director · since 19 mars 2026 · until 19 mars 2031 · 0465.085.504

Represented by Hans Leybart

Active

VILAFRA

Director · since 19 mars 2026 · until 19 mars 2031 · 0805.324.385

Represented by Henri Thonnart

Active

Christophe Van Ophem

Director · since 01 janvier 2024 · until 20 mars 2025

Active

Peoplesphere Company

Director · since 01 janvier 2024 · until 19 mars 2031 · 0434.696.689

Represented by Jean-Paul Erhard

Active

ViVeB Consulting

Director · since 01 janvier 2024 · until 19 mars 2031 · 0746.882.380

Represented by Vinciane Verbiest

Active

Marc Peeters

Managing director · since 01 juillet 2021 · until 19 mars 2031

Active

Eddy Vandezande

Chairman of the board of directors · since 26 juin 2021 · until 19 mars 2031

Active

Colette Golinvaux

Director · since 25 juin 2021 · until 18 décembre 2025

Active

Tom Potteau

Director · since 25 juin 2021 · until 19 mars 2031

Active

Ended mandates

Christophe Van Ophem

Director · since 01 janvier 2024 · until 31 décembre 2029

Ended

Peoplesphere Company

Director · since 01 janvier 2024 · until 31 décembre 2029 · 0434.696.689

Represented by Jean-Paul Erhard

Ended

ViVeB Consulting

Director · since 01 janvier 2024 · until 31 décembre 2029 · 0746.882.380

Represented by Vinciane Verbiest

Ended

Sébastien Wulf

Director · since 15 décembre 2022 · until 31 décembre 2023

Ended

At this address

Other companies at this address

Company	CBE no.
GROUP S● Active	1015.149.045
Group S-Caisse d'assurances sociales pour indépendants a.s.b.l● Active	0409.088.293
GROUP S - OFFICE PATRONAL DE COMPENSATION - GROUP S - PATRONALE KOMPENSATIEDIENST● Active	0407.759.591
GROUP S - ONDERNEMINGSLOKET● Active	0480.605.997
GROUP S - SECRETARIAT SOCIAL, SECRETARIAT SOCIAL AGREE D'EMPLOYEURS● Active	0407.214.017
KIDSLIFE BRUSSELS● Active	0426.917.586

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	26/06/2026	24/06/2025	17/07/2024	06/07/2023	12/07/2022	09/07/2021
General meeting	16/06/2026	19/06/2025	20/06/2024	22/06/2023	16/06/2022	24/06/2021
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

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	16/06/2026	26/06/2026	French	PDF
Full model	31/12/2024	19/06/2025	24/06/2025	French	PDF
Full model	31/12/2023	20/06/2024	17/07/2024	French	PDF
Full model	31/12/2022	22/06/2023	06/07/2023	French	PDF
Full model	31/12/2021	16/06/2022	12/07/2022	French	PDF
Full model	31/12/2020	24/06/2021	09/07/2021	French	PDF
Full model	31/12/2019	18/06/2020	10/07/2020	French	PDF
Full model	31/12/2018	18/06/2019	27/06/2019	French	PDF
Full model	31/12/2017	12/06/2018	16/07/2018	French	PDF
Full model	31/12/2016	13/06/2017	27/06/2017	French	PDF
Full model	31/12/2015	14/06/2016	11/07/2016	French	PDF
Full modelCorrection	31/12/2014	16/06/2015	07/07/2015	French	PDF
Full model	31/12/2014	16/06/2015	03/07/2015	French	PDF
Full model	31/12/2013	17/06/2014	14/07/2014	French	PDF
Full model	31/12/2012	18/06/2013	08/07/2013	French	PDF
Full model	31/12/2011	19/06/2012	22/06/2012	French	PDF
Full model	31/12/2010	14/06/2011	07/07/2011	French	PDF
Full model	31/12/2009	15/06/2010	19/07/2010	French	PDF
Full model	31/12/2008	16/06/2009	03/08/2009	French	PDF
Abridged model	31/12/2007	10/06/2008	15/07/2008	French	PDF
Abridged model	31/12/2006	12/06/2007	24/07/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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 · 12 active · 48 ended

Active mandates

BUILDWAYS

Managing director · since 19 mars 2026 · until 19 mars 2031 · 0837.864.818

Represented by Marc Peeters

Active

EMBUILD

Director · since 19 mars 2026 · until 19 mars 2031 · 0406.479.092

Represented by Niko Demeester

Active

Erkend sociaal secretariaat Accuria vzw, nr 870, erkend via MB 15/10/1986

Director · since 19 mars 2026 · until 19 mars 2031 · 0407.560.742

Represented by Bart Deprez

Active

SOFIAS

Director · since 19 mars 2026 · until 19 mars 2031 · 0465.085.504

Represented by Hans Leybart

Active

VILAFRA

Director · since 19 mars 2026 · until 19 mars 2031 · 0805.324.385

Represented by Henri Thonnart

Active

Christophe Van Ophem

Director · since 01 janvier 2024 · until 20 mars 2025

Active

Peoplesphere Company

Director · since 01 janvier 2024 · until 19 mars 2031 · 0434.696.689

Represented by Jean-Paul Erhard

Active

ViVeB Consulting

Director · since 01 janvier 2024 · until 19 mars 2031 · 0746.882.380

Represented by Vinciane Verbiest

Active

Marc Peeters

Managing director · since 01 juillet 2021 · until 19 mars 2031

Active

Eddy Vandezande

Chairman of the board of directors · since 26 juin 2021 · until 19 mars 2031

Active

Colette Golinvaux

Director · since 25 juin 2021 · until 18 décembre 2025

Active

Tom Potteau

Director · since 25 juin 2021 · until 19 mars 2031

Active

Ended mandates

Christophe Van Ophem

Director · since 01 janvier 2024 · until 31 décembre 2029

Ended

Peoplesphere Company

Director · since 01 janvier 2024 · until 31 décembre 2029 · 0434.696.689

Represented by Jean-Paul Erhard

Ended

ViVeB Consulting

Director · since 01 janvier 2024 · until 31 décembre 2029 · 0746.882.380

Represented by Vinciane Verbiest

Ended

Sébastien Wulf

Director · since 15 décembre 2022 · until 31 décembre 2023

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Other27/07/2026
Délégation de pouvoirs
PDF
Mandates01/04/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates01/04/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates27/01/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/01/2026
DEMISSIONS, NOMINATIONS
PDF
Capital / shares24/10/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
PDF
Capital / shares24/10/2025
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - CAPITAL, ACTIONS
PDF
Restructuring04/07/2025
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
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

19/03/2026
nominationEddy Vandezande — administrateur
19/03/2026
nominationTom Potteau — administrateur
19/03/2026
nominationMarc Peeters — administrateur-délégué
19/03/2026
nominationEddy Vandezande — bestuurder
19/03/2026
nominationTom Potteau — bestuurder
19/03/2026
nominationBUILDWAYS BV — gedelegeerd bestuurder
2025
Annual accounts 2025-991,6 k €↑
18/12/2025
nominationNiko Demeester — gecoöpteerd bestuurder
18/12/2025
nominationEmbuild ASBL — Administrateur coopté
10/10/2025
apport
2025
Name changeGroup S SA
01/01/2025
apportfondation GROUP S
01/01/2025
autre
2024
Annual accounts 2024-1,8 M €↑
18/06/2024
nominationKPMG Réviseurs d'Entreprises SRL — commissaris
27/03/2024
augmentation_capital
27/03/2024
apport
01/01/2024
nominationVIVEB CONSULTING BV — administrateur
01/01/2024
nominationPEOPLESPHERE COMPANY SRL — administrateur
01/01/2024
nominationChristophe Van Ophem — administrateur
01/01/2024
nominationVIVEB CONSULTING BV — bestuurder
01/01/2024
nominationPEOPLESPHERE COMPANY SRL — bestuurder
01/01/2024
nominationChristophe Van Ophem — bestuurder
01/01/2024
nominationVinciane Verbiest — vaste vertegenwoordiger van VIVEB CONSULTING BV
01/01/2024
nominationJean-Paul Erhard — vaste vertegenwoordiger van PEOPLESPHERE COMPANY SRL
01/01/2024
nominationVinciane Verbiest — représentant permanent de VIVEB CONSULTING BV
01/01/2024
nominationJean-Paul Erhard — représentant permanent de PEOPLESPHERE COMPANY SRL
2023
Annual accounts 2023-2 M €↓
2022
Annual accounts 2022-233,3 k €↓
15/12/2022
nominationSébastien Wulf — bestuurder
16/06/2022
nominationEddy Vandezande — Voorzitter
16/06/2022
nominationTom Potteau — Bestuurder
16/06/2022
nominationMarc Peeters — Gedelegeerd bestuurder
16/06/2022
nominationFilip Verheecke — Bestuurder
16/06/2022
nominationDominique Feys — Bestuurder en Secretaris-Generaal
16/06/2022
nominationColette Golinvaux — bestuurder
2021
Annual accounts 202111,2 k €↓
2020
Annual accounts 202069,6 k €↑
2019
Annual accounts 201969,1 k €↑
2018
Annual accounts 201831,7 k €↑
2017
Annual accounts 201713,8 k €↓
2016
Annual accounts 201675,5 k €↑
2015
Annual accounts 2015-187,8 k €↓
2014
Annual accounts 201415,5 k €↓
2013
Annual accounts 201323,6 k €↓
2009
Annual accounts 200927,3 k €↑
2006
Annual accounts 200615,7 k €
2006
Name changeGroup S Management Services
14/12/1995
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

GROUP S

Overview

What does GROUP S do?

Trend over 15 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