ACTIVE

CLOCKWORK

Financial year 2025 · Closed on 30/09/2025

Net result18,2 k €+3,9 %over 1 year
Gross margin434,7 k €-1,2 %over 1 year
Equity403,5 k €+4,7 %over 1 year
Workforce6,0 ETP+17,6 %over 1 year

Identity

Source · BCE/KBO

CLOCKWORK is a Private limited company incorporated in 1996. Its main activity is: Advertising agencies. Its registered office is in Gent. It employs on average 6,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0457.154.862
Incorporation
23/01/1996
Legal form
Private limited company
Registered office
Ottergemsesteenweg-Zuid 808 box B41
9000 Gent · FlandreSee on map
Contributed capital
7 844,79 €
Latest accounts
30/09/2025
Average workforce
6,0 ETP
Joint committees (1)
  • 20000
Contacts
1 public detail availableLog in to view
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 18 financial years

20252024202320222020
Income statement
Gross margin434,7 k €440 k €311,2 k €193,3 k €78,5 k €
EBITDA57 k €67,6 k €9,4 k €61,2 k €65,4 k €
Operating result45 k €50,8 k €-9,4 k €36,9 k €43,6 k €
Net result18,2 k €17,5 k €19,5 k €-5,3 k €28,3 k €
Balance sheet
Equity403,5 k €385,3 k €367,9 k €348,4 k €333 k €
Total assets3,5 M €2 M €2 M €2,1 M €1,5 M €
Cash406,2 k €157,5 k €161,2 k €48 k €58,6 k €
Debts2,3 M €1,6 M €1,5 M €1,7 M €1,1 M €
Other
Workforce6,0 ETP5,1 ETP4,7 ETP3,1 ETP–

Valuation

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation

Board of directors

Source · NBB, accounts to 30/09/2025

2 active · 18 ended

Active mandates

Michiel Vanderheyden

Director · since 31 mars 2022

Active
Mike De Smet

Director · since 31 mars 2022

Active

Ended mandates

Mike De Smet

Manager · since 15 mai 2016

Ended
M. VANDERHEYDEN

Manager · since 29 novembre 2011 · 0867.242.653

Represented by Michiel Vanderheyden

Ended
J.RENAER

Manager · 0881.000.916

Represented by Jan Renaer

Ended
J.RENAER

Mandate · 0881.000.916

Represented by Jan Renaer

Ended

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Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date30/04/202629/04/202530/04/202428/04/202308/03/202230/04/2021
General meeting28/04/202603/03/202504/03/202406/03/202307/03/202201/03/2021
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, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/09/202528/04/202630/04/2026DutchPDF
Abridged model30/09/202403/03/202529/04/2025DutchPDF
Abridged model30/09/202304/03/202430/04/2024DutchPDF
Abridged model30/09/202206/03/202328/04/2023DutchPDF
Abridged model30/09/202107/03/202208/03/2022DutchPDF
Abridged model30/09/202001/03/202130/04/2021DutchPDF
Abridged model30/09/201902/03/202015/04/2020DutchPDF
Abridged model30/09/201804/03/201910/05/2019DutchPDF
Abridged model30/09/201705/03/201830/05/2018DutchPDF
Abridged model30/09/201606/03/201702/05/2017DutchPDF
Abridged model30/09/201507/03/201601/04/2016DutchPDF
Abridged model30/09/201409/04/201510/04/2015DutchPDF
Abridged model30/09/201303/03/201410/03/2014DutchPDF
Abridged model30/09/201204/03/201328/03/2013DutchPDF
Abridged model30/09/201105/03/201217/04/2012DutchPDF
Abridged model30/09/201007/03/201127/05/2011DutchPDF
Abridged model30/09/200901/03/201027/04/2010DutchPDF
Abridged model30/09/200802/03/200905/05/2009DutchPDF
Abridged model30/09/200703/03/200814/05/2008DutchPDF
Abridged model30/09/200605/03/200721/03/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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.

Board of directors

Source · NBB, accounts to 30/09/2025

2 active · 18 ended

Active mandates

Michiel Vanderheyden

Director · since 31 mars 2022

Active
Mike De Smet

Director · since 31 mars 2022

Active

Ended mandates

Mike De Smet

Manager · since 15 mai 2016

Ended
M. VANDERHEYDEN

Manager · since 29 novembre 2011 · 0867.242.653

Represented by Michiel Vanderheyden

Ended
J.RENAER

Manager · 0881.000.916

Represented by Jan Renaer

Ended
J.RENAER

Mandate · 0881.000.916

Represented by Jan Renaer

Ended

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Capital / shares14/07/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Registered office12/07/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates21/04/2022
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Restructuring22/02/2022
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
    PDF
  • Mandates13/09/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office19/11/2013
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates14/12/2011
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates09/04/2004
    ONTSLAGEN - BENOEMINGEN
    PDF

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 202518,2 k €↑
  2. 2024
    Annual accounts 202417,5 k €↓
  3. 2023
    Annual accounts 202319,5 k €↑
  4. 2022
    Annual accounts 2022-5,3 k €↓
  5. 2020
    Annual accounts 202028,3 k €↑
  6. 2019
    Annual accounts 201912,2 k €↑
  7. 2018
    Annual accounts 20188,8 k €↓
  8. 2017
    Annual accounts 201716,8 k €↑
  9. 2016
    Annual accounts 20164,3 k €↓
  10. 2015
    Annual accounts 201514,2 k €↑
  11. 2014
    Annual accounts 20144,2 k €↓
  12. 2013
    Annual accounts 201311,7 k €↓
  13. 2012
    Annual accounts 201218,7 k €↑
  14. 2011
    Annual accounts 201115,1 k €↑
  15. 2010
    Annual accounts 20107,3 k €↓
  16. 2009
    Annual accounts 200911,7 k €↓
  17. 2008
    Annual accounts 200825,4 k €↑
  18. 2007
    Annual accounts 200712,4 k €
  19. 23/01/1996
    IncorporationPrivate limited company