Brugge Plus
0465.705.908 · rovalta.com · 23/09/2026
ACTIVE
Brugge Plus
Financial year 2025 · closed on 31/12/2025
Net result
-215,2 k €
+28.8% YoY
Gross margin
3,7 M €
-5.4% YoY
Equity
2,1 M €
-11.4% YoY
Workforce
41,1 ETP
-19.1% YoY
Overview
What does Brugge Plus do?
Brugge Plus is a Non-profit organization incorporated in 1998. Its main activity is: Advertising agencies. Its registered office is in Brugge. It employs on average 41,1 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0465.705.908
Incorporation
18/12/1998
Legal form
Non-profit organization
Registered office
Burg 12
8000 Brugge · FlandreSee on map
8000 Brugge · FlandreSee on map
Latest accounts
31/12/2025
Average workforce
41,1 ETP
Activities (NACE)
Joint committees (1)
- 32901
Signals
Solid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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Financials
Trend over 18 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | ||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||
| Gross margin | 3,7 M € | -5.4% | 3,9 M € | -3.8% | 4 M € | +12.3% | 3,6 M € | -5.8% | 3,8 M € | +30.6% | 2,9 M € | +14.2% | 2,5 M € | -12.0% | 2,9 M € | +40.6% | 2,1 M € | +16.1% | 1,8 M € | -27.0% | 2,4 M € | +55.9% | 1,6 M € | +1.5% | 1,5 M € | +50.2% | 1 M € | -16.8% | 1,2 M € | -37.1% | 2 M € | +33.3% | 1,5 M € | +17.7% | 1,2 M € |
| EBITDA | 303,4 k € | +285% | -163,9 k € | -126% | 620,9 k € | +58.0% | 393,1 k € | +245% | 113,9 k € | -73.4% | 429 k € | +0.7% | 425,9 k € | +14.3% | 372,6 k € | +141% | 154,9 k € | +153% | 61,1 k € | -86.7% | 458,9 k € | +170% | 170,2 k € | +26.9% | 134,1 k € | +125% | -526,5 k € | -79.9% | -292,6 k € | -379% | 104,8 k € | -55.1% | 233,2 k € | +96.2% | 118,9 k € |
| Operating result | 68,3 k € | +117% | -396,6 k € | -208% | 365,8 k € | +110% | 174,1 k € | +292% | -90,7 k € | -125% | 360,6 k € | -0.6% | 362,6 k € | +15.6% | 313,7 k € | +324% | 74 k € | +649% | -13,5 k € | -103% | 390,9 k € | +271% | 105,3 k € | +3.8% | 101,4 k € | +117% | -598,9 k € | -64.2% | -364,8 k € | -1089% | 36,9 k € | -82.6% | 212,5 k € | +103% | 104,7 k € |
| Net result | -215,2 k € | +28.8% | -302,2 k € | -165% | 462,6 k € | +113% | 216,9 k € | +301% | -108 k € | -130% | 363,9 k € | +11.3% | 326,9 k € | +8.3% | 301,8 k € | +795% | 33,7 k € | +225% | -27,1 k € | -107% | 363,5 k € | +303% | 90,3 k € | -16.9% | 108,6 k € | +120% | -554 k € | -50.1% | -369,1 k € | -1215% | 33,1 k € | -85.4% | 227,2 k € | +99.4% | 113,9 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||
| Equity | 2,1 M € | -11.4% | 2,3 M € | -13.2% | 2,7 M € | +26.2% | 2,1 M € | +10.7% | 1,9 M € | -4.2% | 2 M € | +30.2% | 1,5 M € | +30.0% | 1,2 M € | +37.1% | 861,1 k € | +4.1% | 827,4 k € | -3.2% | 854,4 k € | +74.1% | 490,9 k € | +22.5% | 400,6 k € | +37.2% | 292 k € | -65.5% | 846,1 k € | -30.4% | 1,2 M € | +2.8% | 1,2 M € | +23.8% | 954,9 k € |
| Total assets | 4,6 M € | -8.2% | 5 M € | -22.5% | 6,5 M € | +18.2% | 5,5 M € | -4.6% | 5,8 M € | +24.9% | 4,6 M € | +34.4% | 3,4 M € | +41.6% | 2,4 M € | -28.2% | 3,4 M € | +14.0% | 3 M € | +16.7% | 2,5 M € | +11.0% | 2,3 M € | +95.8% | 1,2 M € | +16.0% | 1 M € | -44.4% | 1,8 M € | -39.9% | 3 M € | +25.8% | 2,4 M € | +23.9% | 1,9 M € |
| Cash | 3,6 M € | +6.8% | 3,4 M € | -14.9% | 4 M € | +44.9% | 2,7 M € | -23.6% | 3,6 M € | +27.3% | 2,8 M € | +45.5% | 1,9 M € | +20.0% | 1,6 M € | -34.8% | 2,5 M € | +14.5% | 2,2 M € | +307% | 530,4 k € | -30.0% | 757,6 k € | -8.6% | 828,9 k € | +267% | 226,1 k € | -58.7% | 547,8 k € | +121% | 248,4 k € | -81.4% | 1,3 M € | +220% | 416,7 k € |
| Debts | 1,8 M € | -21.5% | 2,2 M € | +12.2% | 2 M € | -11.9% | 2,3 M € | -18.6% | 2,8 M € | +59.5% | 1,7 M € | -2.0% | 1,8 M € | +55.7% | 1,1 M € | +2.1% | 1,1 M € | +43.5% | 777 k € | +2.4% | 758,8 k € | +3.1% | 735,8 k € | +71.6% | 428,7 k € | -10.0% | 476,4 k € | -24.2% | 628,6 k € | -62.0% | 1,7 M € | +139% | 691,1 k € | -18.9% | 852,3 k € |
| Other | |||||||||||||||||||||||||||||||||||
| Workforce | 41,1 ETP | -19.1% | 50,8 ETP | +18.7% | 42,8 ETP | +5.7% | 40,5 ETP | -3.6% | 42,0 ETP | +14.8% | 36,6 ETP | +5.5% | 34,7 ETP | +5.5% | 32,9 ETP | +17.1% | 28,1 ETP | +5.2% | 26,7 ETP | -10.4% | 29,8 ETP | +21.1% | 24,6 ETP | +7.9% | 22,8 ETP | -14.3% | 26,6 ETP | -3.6% | 27,6 ETP | -23.1% | 35,9 ETP | +52.8% | 23,5 ETP | +7.8% | 21,8 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 2,5 M€ and 5 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 13 active · 113 ended
Active mandates
Ignace Lowie
ActiveBart Geernaert
ActiveBrigitte Balfoort
ActiveDirk De fauw
ActiveEva Vanhoorne
ActiveFranky Demon
ActiveGeert Van Tieghem
ActiveJasper Pillen
ActiveMathijs Goderis
ActiveNico Blontrock
ActiveOlivier Strubbe
ActivePascal Ennaert
ActiveRobbie Boi
ActiveEnded mandates
Stefan Sintobin
EndedBart Geernaert
EndedMieke Hoste
EndedMieke Hoste
EndedAt this address
Other companies at this address
| Company | CBE no. |
|---|---|
Brugge.inc● Active | 0762.509.773 |
| 0408.376.433 | |
Kenniscentrum● Liquidation | 0507.612.876 |
Politiezone van Brugge● Active | 0862.902.397 |
Stad Brugge● Active | 0207.528.035 |
Vrijetijdsregio Brugge● Active | 1035.604.662 |
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model | Abridged 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 | 27/05/2026 | 28/05/2025 | 27/06/2024 | 16/06/2023 | 01/06/2022 | 04/06/2021 |
| General meeting | 19/05/2026 | 05/05/2025 | 06/05/2024 | 18/04/2023 | 20/04/2022 | 12/05/2021 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
22 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 19/05/2026 | 27/05/2026 | Dutch | |
| Abridged model | 31/12/2024 | 05/05/2025 | 28/05/2025 | Dutch | |
| Abridged model | 31/12/2023 | 06/05/2024 | 27/06/2024 | Dutch | |
| Abridged model | 31/12/2022 | 18/04/2023 | 16/06/2023 | Dutch | |
| Abridged model | 31/12/2021 | 20/04/2022 | 01/06/2022 | Dutch | |
| Abridged model | 31/12/2020 | 12/05/2021 | 04/06/2021 | Dutch | |
| Abridged modelCorrection | 31/12/2019 | 12/05/2020 | 16/10/2020 | Dutch | |
| Abridged model | 31/12/2019 | 12/05/2020 | 02/06/2020 | Dutch | |
| Abridged model | 31/12/2018 | 08/05/2019 | 06/06/2019 | Dutch | |
| Abridged model | 31/12/2017 | 29/05/2018 | 15/06/2018 | Dutch | |
| Abridged model | 31/12/2016 | 27/06/2017 | 30/08/2017 | Dutch | |
| Abridged modelCorrection | 31/12/2015 | 29/04/2016 | 10/11/2016 | Dutch | |
| Abridged model | 31/12/2015 | 29/04/2016 | 26/05/2016 | Dutch | |
| Abridged model | 31/12/2014 | 15/09/2015 | 24/11/2015 | Dutch | |
| Abridged model | 31/12/2013 | 19/03/2014 | 05/05/2014 | Dutch | |
| Abridged model | 31/12/2012 | 28/03/2013 | 25/04/2013 | Dutch | |
| Abridged model | 31/12/2011 | 20/03/2012 | 29/05/2012 | Dutch | |
| Abridged model | 31/12/2010 | 27/04/2011 | 10/06/2011 | Dutch | |
| Abridged model | 31/12/2009 | 10/03/2010 | 18/05/2010 | Dutch | |
| Abridged model | 31/12/2008 | 23/03/2009 | 16/07/2009 | Dutch | |
| Abridged model | 31/12/2007 | 17/03/2008 | 14/08/2008 | Dutch | |
| Abridged model | 31/12/2006 | 29/03/2007 | 31/05/2007 | Dutch |
Valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 13 active · 113 ended
Active mandates
Ignace Lowie
ActiveBart Geernaert
ActiveBrigitte Balfoort
ActiveDirk De fauw
ActiveEva Vanhoorne
ActiveFranky Demon
ActiveGeert Van Tieghem
ActiveJasper Pillen
ActiveMathijs Goderis
ActiveNico Blontrock
ActiveOlivier Strubbe
ActivePascal Ennaert
ActiveRobbie Boi
ActiveEnded mandates
Stefan Sintobin
EndedBart Geernaert
EndedMieke Hoste
EndedMieke Hoste
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Other01/07/2026—
- Mandates10/04/2025ONTSLAGEN - BENOEMINGEN
- Mandates12/04/2024ONTSLAGEN - BENOEMINGEN
- Mandates29/06/2022ONTSLAGEN - BENOEMINGEN
- Mandates29/01/2021ONTSLAGEN - BENOEMINGEN
- Mandates16/09/2019ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Mandates29/06/2018ONTSLAGEN - BENOEMINGEN
- Mandates19/07/2017ONTSLAGEN - BENOEMINGEN
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025-215,2 k €↑
- 2024Annual accounts 2024-302,2 k €↓
- 2023Annual accounts 2023462,6 k €↑
- 2022Annual accounts 2022216,9 k €↑
- 2021Annual accounts 2021-108 k €↓
- 2020Annual accounts 2020363,9 k €↑
- 2019Annual accounts 2019326,9 k €↑
- 2018Annual accounts 2018301,8 k €↑
- 2017Annual accounts 201733,7 k €↑
- 2016Annual accounts 2016-27,1 k €↓
- 2015Annual accounts 2015363,5 k €↑
- 2014Annual accounts 201490,3 k €↓
- 2013Annual accounts 2013108,6 k €↑
- 2012Annual accounts 2012-554 k €↓
- 2011Annual accounts 2011-369,1 k €↓
- 2010Annual accounts 201033,1 k €↓
- 2009Annual accounts 2009227,2 k €↑
- 2008Annual accounts 2008113,9 k €
- 18/12/1998IncorporationNon-profit organization