ACTIVE

STUDIO PLOPSA

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Financial year 2025 · closed on 31/12/2025

Net result

8 M €

-28.1% YoY

Revenue

15 M €

+18.7% YoY

Equity

47,8 M €

+6.7% YoY

Workforce

101,4 ETP

+13.7% YoY

What does STUDIO PLOPSA do?

STUDIO PLOPSA is a Public limited company incorporated in 1998. Its registered office is in De Panne. It employs on average 101,4 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0463.938.924

Incorporation

26/08/1998

Legal form

Public limited company

Registered office

De Pannelaan 68
8660 De Panne · FlandreSee on map

Contributed capital

24 500 000,00 €

Latest accounts

31/12/2025

Average workforce

101,4 ETP

Joint committees (3)

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 11 financial years

	2025		2024		2023		2022		2015		2014		2013		2010		2009		2007		2006
Income statement
Revenue	15 M €	+18.7%	12,6 M €	+35.5%	9,3 M €	+11.2%	8,4 M €	+40.3%	6 M €	+3.3%	5,8 M €	+7.8%	5,4 M €	+34.2%	4 M €	+1.6%	3,9 M €	+16.0%	3,4 M €		–
EBITDA	3,7 M €	+30.2%	2,9 M €	-15.6%	3,4 M €	-13.5%	3,9 M €	+198%	1,3 M €	+5.5%	1,2 M €	+7.7%	1,2 M €	+93.3%	597,3 k €	-40.4%	1 M €	+24.0%	807,7 k €	+354%	177,9 k €
Operating result	2,6 M €	+27.0%	2,1 M €	-45.5%	3,8 M €	+32.4%	2,9 M €	+169%	1,1 M €	+0.3%	1,1 M €	+8.3%	984,5 k €	+102%	487,8 k €	-46.8%	916,3 k €	+17.1%	782,7 k €	+340%	177,9 k €
Net result	8 M €	-28.1%	11,1 M €	+10.8%	10 M €	-80.5%	51,4 M €	+10257%	496,3 k €	+92.9%	257,2 k €	+884%	-32,8 k €	-112%	282,3 k €	-51.9%	586,5 k €	+60.0%	366,6 k €	+147023%	249,2 €
Balance sheet
Equity	47,8 M €	+6.7%	44,8 M €	+10.1%	40,7 M €	-10.5%	45,5 M €	+76.7%	25,7 M €	-0.2%	25,8 M €	-0.1%	25,8 M €	-0.2%	25,8 M €	+1.1%	25,6 M €	+2744%	898,9 k €	+68.9%	532,3 k €
Total assets	156,7 M €	-8.7%	171,5 M €	+16.2%	147,6 M €	+11.7%	132,2 M €	+171%	48,9 M €	+3.7%	47,1 M €	+0.9%	46,7 M €	-4.5%	48,9 M €	+63.0%	30 M €	+0.8%	29,8 M €	+26.5%	23,5 M €
Cash	6,3 M €	+69.3%	3,7 M €	+11.7%	3,3 M €	+727%	402,6 k €	-67.1%	1,2 M €	+748%	144,5 k €	-73.5%	545 k €	-97.4%	21 M €	+302%	5,2 M €	+32622%	16 k €	-85.2%	108,1 k €
Debts	108,3 M €	-14.3%	126,3 M €	+18.4%	106,7 M €	+23.3%	86,5 M €	+277%	22,9 M €	+9.4%	21 M €	+8.0%	19,4 M €	-15.6%	23 M €	+421%	4,4 M €	-84.7%	28,8 M €	+25.6%	23 M €
Other
Workforce	101,4 ETP	+13.7%	89,2 ETP	+15.4%	77,3 ETP	+6.6%	72,5 ETP	+24.1%	58,4 ETP	+8.8%	53,7 ETP	+2.9%	52,2 ETP	+15.0%	45,4 ETP	+12.4%	40,4 ETP	+14.1%	35,4 ETP		–

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 37 ended

Active mandates

REMUS

Director · since 10 juin 2024 · until 11 juin 2029 · 0746.935.335

Represented by Gert Verhulst

Active

STUDIO 100

Director · since 10 juin 2024 · until 11 juin 2029 · 0457.622.640

Represented by Hans Bourlon

Active

CERVINO CONSULTING

Director · since 02 octobre 2023 · until 11 juin 2029 · 0554.995.891

Represented by Carl Lenaerts

Active

Ended mandates

STUDIO 100

Director · since 14 juin 2021 · until 10 juin 2024 · 0457.622.640

Represented by Hans Bourlon

Ended

Van den Kerkhof Steve

Director · since 14 juin 2021 · until 17 mars 2023 · 0875.740.447

Represented by Steve Van den Kerkhof

Ended

REMUS

Director · since 01 janvier 2021 · until 08 juin 2026 · 0746.935.335

Represented by Gert Verhulst

Ended

Oliver BVBA

Director · since 05 juin 2015 · until 27 avril 2018 · 0459.357.950

Represented by Hans Bourlon

Ended

At this address

Other companies at this address

Company	CBE no.
BABALTA● Active	0679.566.162
Belgoparks● Active	0424.777.252
PLOPSA● Active	0466.400.051
Plopsa Station Antwerp● Active	0505.747.508
RESIDENTIE DE BIEKORF● Active	0459.335.481

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	18/06/2026	24/06/2025	12/06/2024	07/12/2023	28/06/2022	23/06/2021
General meeting	08/06/2026	10/06/2025	10/06/2024	30/06/2023	13/06/2022	14/06/2021
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	08/06/2026	18/06/2026	Dutch	PDF
Full model	31/12/2024	10/06/2025	24/06/2025	Dutch	PDF
Full model	31/12/2023	10/06/2024	12/06/2024	Dutch	PDF
Full modelCorrection	31/12/2022	30/06/2023	07/12/2023	Dutch	PDF
Full model	31/12/2022	12/06/2023	13/07/2023	Dutch	PDF
Full model	31/12/2021	13/06/2022	28/06/2022	Dutch	PDF
Full model	31/12/2020	14/06/2021	23/06/2021	Dutch	PDF
Full model	31/12/2019	08/06/2020	17/06/2020	Dutch	PDF
Full model	31/12/2018	10/06/2019	25/06/2019	Dutch	PDF
Full model	31/12/2017	11/06/2018	21/06/2018	Dutch	PDF
Full model	31/10/2016	02/06/2017	20/06/2017	Dutch	PDF
Full model	31/10/2015	03/06/2016	16/06/2016	Dutch	PDF
Full model	31/10/2014	05/06/2015	17/06/2015	Dutch	PDF
Full model	31/10/2013	13/06/2014	25/06/2014	Dutch	PDF
Full model	31/10/2012	28/06/2013	28/06/2013	Dutch	PDF
Full model	31/10/2011	15/06/2012	26/06/2012	Dutch	PDF
Full model	31/10/2010	29/04/2011	25/05/2011	Dutch	PDF
Full model	31/10/2009	30/04/2010	31/05/2010	Dutch	PDF
Full model	31/10/2008	29/05/2009	05/06/2009	Dutch	PDF
Full model	31/10/2007	30/05/2008	09/07/2008	Dutch	PDF
Full model	31/10/2006	22/05/2007	01/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 37 ended

Active mandates

REMUS

Director · since 10 juin 2024 · until 11 juin 2029 · 0746.935.335

Represented by Gert Verhulst

Active

STUDIO 100

Director · since 10 juin 2024 · until 11 juin 2029 · 0457.622.640

Represented by Hans Bourlon

Active

CERVINO CONSULTING

Director · since 02 octobre 2023 · until 11 juin 2029 · 0554.995.891

Represented by Carl Lenaerts

Active

Ended mandates

STUDIO 100

Director · since 14 juin 2021 · until 10 juin 2024 · 0457.622.640

Represented by Hans Bourlon

Ended

Van den Kerkhof Steve

Director · since 14 juin 2021 · until 17 mars 2023 · 0875.740.447

Represented by Steve Van den Kerkhof

Ended

REMUS

Director · since 01 janvier 2021 · until 08 juin 2026 · 0746.935.335

Represented by Gert Verhulst

Ended

Oliver BVBA

Director · since 05 juin 2015 · until 27 avril 2018 · 0459.357.950

Represented by Hans Bourlon

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates03/01/2025
ONTSLAGEN - BENOEMINGEN
PDF
Other22/02/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates20/11/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/10/2023
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares29/12/2021
KAPITAAL - AANDELEN
PDF
Mandates31/08/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/03/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/08/2019
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

2025
Annual accounts 20258 M €↓
2024
Annual accounts 202411,1 M €↑
10/06/2024
reconductionStudio 100 NV — bestuurder
10/06/2024
reconductionRemus BV — bestuurder
10/06/2024
reconductionEY Bedrijfsrevisoren BV — commissaris
2023
Annual accounts 202310 M €↓
02/10/2023
nominationCervino Consulting BV — bestuurder
17/03/2023
nominationRemus BV — persoon belast met het dagelijkse bestuur
17/03/2023
nominationStudio 100 NV — persoon belast met het dagelijkse bestuur
2022
Annual accounts 202251,4 M €↑
2015
Annual accounts 2015496,3 k €↑
2014
Annual accounts 2014257,2 k €↑
2013
Annual accounts 2013-32,8 k €↓
2010
Annual accounts 2010282,3 k €↓
2009
Annual accounts 2009586,5 k €↑
2007
Annual accounts 2007366,6 k €↑
2006
Annual accounts 2006249,2 €
26/08/1998
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

STUDIO PLOPSA

Overview

What does STUDIO PLOPSA do?

Trend over 11 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