ACTIVE

Brugge Plus

Financial year 2025 · Closed on 31/12/2025

Net result-215,2 k €+28,8 %over 1 year
Gross margin3,7 M €-5,4 %over 1 year
Equity2,1 M €-11,4 %over 1 year
Workforce41,1 ETP-19,1 %over 1 year

Identity

Source · BCE/KBO

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
Latest accounts
31/12/2025
Average workforce
41,1 ETP
Joint committees (1)
  • 32901
Signals
Solid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 22 filings

Trend over 18 financial years

20252024202320222021
Income statement
Gross margin3,7 M €3,9 M €4 M €3,6 M €3,8 M €
EBITDA303,4 k €-163,9 k €620,9 k €393,1 k €113,9 k €
Operating result68,3 k €-396,6 k €365,8 k €174,1 k €-90,7 k €
Net result-215,2 k €-302,2 k €462,6 k €216,9 k €-108 k €
Balance sheet
Equity2,1 M €2,3 M €2,7 M €2,1 M €1,9 M €
Total assets4,6 M €5 M €6,5 M €5,5 M €5,8 M €
Cash3,6 M €3,4 M €4 M €2,7 M €3,6 M €
Debts1,8 M €2,2 M €2 M €2,3 M €2,8 M €
Other
Workforce41,1 ETP50,8 ETP42,8 ETP40,5 ETP42,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

13 active · 40 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Ignace Lowie
Directorsince 23/02/2026
Bart Geernaert
Directorsince 20/04/2022Mandate2022 accountsended
Brigitte Balfoort
Directorsince 20/01/2025
Dirk De fauw
Directorsince 26/02/2019Mandate2022 accountsended
Eva Vanhoorne
Directorsince 20/01/2025
Franky Demon
Directorsince 05/04/2013Mandate2022 accountsended
Geert Van Tieghem
Directorsince 26/02/2019Mandate2022 accountsended
Jasper Pillen
Directorsince 01/07/2021Mandate2022 accountsended
Mathijs Goderis
Directorsince 26/02/2019Mandate2022 accountsended
Nico Blontrock
Directorsince 26/02/2019
Olivier Strubbe
Directorsince 20/01/2025
Pascal Ennaert
Directorsince 25/03/2014
Robbie Boi
Directorsince 20/04/2022Mandate2022 accountsended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Stefan Sintobin
Directorlisted until the 2024 accounts
Mieke Hoste
Director20/04/2022 → 17/12/2024
An Braem
Director26/02/2019 → 2019 accounts

Other companies at this address

Burg 12 8000 Brugge
CompanyCBE no.
Brugge.inc● Active
0762.509.773
0408.376.433
Kenniscentrum● Liquidation
0507.612.876
0862.902.397
Stad Brugge● Active
0207.528.035
1035.604.662

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date27/05/202628/05/202527/06/202416/06/202301/06/202204/06/2021
General meeting19/05/202605/05/202506/05/202418/04/202320/04/202212/05/2021
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, 22 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202519/05/202627/05/2026DutchPDF
Abridged model31/12/202405/05/202528/05/2025DutchPDF
Abridged model31/12/202306/05/202427/06/2024DutchPDF
Abridged model31/12/202218/04/202316/06/2023DutchPDF
Abridged model31/12/202120/04/202201/06/2022DutchPDF
Abridged model31/12/202012/05/202104/06/2021DutchPDF
Abridged modelCorrection31/12/201912/05/202016/10/2020DutchPDF
Abridged model31/12/201912/05/202002/06/2020DutchPDF
Abridged model31/12/201808/05/201906/06/2019DutchPDF
Abridged model31/12/201729/05/201815/06/2018DutchPDF
Abridged model31/12/201627/06/201730/08/2017DutchPDF
Abridged modelCorrection31/12/201529/04/201610/11/2016DutchPDF
Abridged model31/12/201529/04/201626/05/2016DutchPDF
Abridged model31/12/201415/09/201524/11/2015DutchPDF
Abridged model31/12/201319/03/201405/05/2014DutchPDF
Abridged model31/12/201228/03/201325/04/2013DutchPDF
Abridged model31/12/201120/03/201229/05/2012DutchPDF
Abridged model31/12/201027/04/201110/06/2011DutchPDF
Abridged model31/12/200910/03/201018/05/2010DutchPDF
Abridged model31/12/200823/03/200916/07/2009DutchPDF
Abridged model31/12/200717/03/200814/08/2008DutchPDF
Abridged model31/12/200629/03/200731/05/2007DutchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

13 active · 40 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Ignace Lowie
Directorsince 23/02/2026
Bart Geernaert
Directorsince 20/04/2022Mandate2022 accountsended
Brigitte Balfoort
Directorsince 20/01/2025
Dirk De fauw
Directorsince 26/02/2019Mandate2022 accountsended
Eva Vanhoorne
Directorsince 20/01/2025
Franky Demon
Directorsince 05/04/2013Mandate2022 accountsended
Geert Van Tieghem
Directorsince 26/02/2019Mandate2022 accountsended
Jasper Pillen
Directorsince 01/07/2021Mandate2022 accountsended
Mathijs Goderis
Directorsince 26/02/2019Mandate2022 accountsended
Nico Blontrock
Directorsince 26/02/2019
Olivier Strubbe
Directorsince 20/01/2025
Pascal Ennaert
Directorsince 25/03/2014
Robbie Boi
Directorsince 20/04/2022Mandate2022 accountsended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Stefan Sintobin
Directorlisted until the 2024 accounts
Mieke Hoste
Director20/04/2022 → 17/12/2024
An Braem
Director26/02/2019 → 2019 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other01/07/2026
    —
    PDF
  • Mandates10/04/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/04/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/06/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/01/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/09/2019
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates29/06/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/07/2017
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings18 filings
Mandates
Ignace Lowie
Jasper Pillen
Olivier Strubbe
Dirk De fauw
Mathijs Goderis
Nico Blontrock
Robbie Boi
Pascal Ennaert
Bart Geernaert
Brigitte Balfoort
Geert Van Tieghem
Eva Vanhoorne
19981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
Brugge Plus
Burg 12, 8000 Brugge
Director
Director
Director
Director
Director
Director
Director
Director
Director
Director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Burg 12, 8000 BruggeCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00122075

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
Brugge PlusCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00122075

Events

  1. 2025
    Annual accounts 2025-215,2 k €↑
  2. 2024
    Annual accounts 2024-302,2 k €↓
  3. 2023
    Annual accounts 2023462,6 k €↑
  4. 2022
    Annual accounts 2022216,9 k €↑
  5. 2021
    Annual accounts 2021-108 k €↓
  6. 2020
    Annual accounts 2020363,9 k €↑
  7. 2019
    Annual accounts 2019326,9 k €↑
  8. 2018
    Annual accounts 2018301,8 k €↑
  9. 2017
    Annual accounts 201733,7 k €↑
  10. 2016
    Annual accounts 2016-27,1 k €↓
  11. 2015
    Annual accounts 2015363,5 k €↑
  12. 2014
    Annual accounts 201490,3 k €↓
  13. 2013
    Annual accounts 2013108,6 k €↑
  14. 2012
    Annual accounts 2012-554 k €↓
  15. 2011
    Annual accounts 2011-369,1 k €↓
  16. 2010
    Annual accounts 201033,1 k €↓
  17. 2009
    Annual accounts 2009227,2 k €↑
  18. 2008
    Annual accounts 2008113,9 k €
  19. 18/12/1998
    IncorporationNon-profit organization