ACTIVE

Sense Operations

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Financial year 2025 · closed on 31/12/2025

Net result

476,2 k €

+181.0% YoY

Gross margin

8,8 M €

+11.1% YoY

Equity

2 M €

+49.7% YoY

Workforce

203,8 ETP

+7.8% YoY

What does Sense Operations do?

Sense Operations is a Non-profit organization incorporated in 1999. Its main activity is: Camping grounds, recreational vehicle parks and trailer parks. Its registered office is in Antwerpen. It employs on average 203,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0466.843.281

Incorporation

11/03/1999

Legal form

Non-profit organization

Registered office

Kielsbroek 2
2020 Antwerpen · FlandreSee on map

Latest accounts

31/12/2025

Average workforce

203,8 ETP

Activities (NACE)

55302Camping grounds, recreational vehicle parks and trailer parks· main 56102Restaurants and mobile food service activities 56112Restaurants and mobile food service activities 88993Other social work activities without accommodation n.e.c.88995Other social work activities without accommodation n.e.c.

Joint committees (1)

32701

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

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	8,8 M €	+11.1%	7,9 M €	+84.0%	4,3 M €	+130%	1,9 M €	+17.0%	1,6 M €	+16.8%	1,4 M €	-21.7%	1,7 M €	-19.4%	2,2 M €	-5.0%	2,3 M €	+6.6%	2,1 M €	-5.5%	2,3 M €	+4.1%	2,2 M €	+8.1%	2 M €	+13.6%	1,8 M €	+3.3%	1,7 M €	+33.8%	1,3 M €	+31.6%	971,3 k €	+3.4%	939 k €
EBITDA	866,8 k €	+51.7%	571,4 k €	+283%	-312,6 k €	-85.6%	-168,4 k €	-256%	107,6 k €	+137%	45,4 k €	-53.2%	96,9 k €	+39.3%	69,6 k €	-55.9%	157,8 k €	+28.6%	122,7 k €	-49.4%	242,5 k €	+0.1%	242,3 k €	+84.8%	131,1 k €	+366%	28,1 k €	-83.6%	171,5 k €	+20.5%	142,3 k €	+90.8%	74,6 k €	-45.0%	135,5 k €
Operating result	523,8 k €	+115%	243,9 k €	+142%	-587,4 k €	-71.1%	-343,3 k €	-22589%	1,5 k €	+110%	-15,6 k €	-119%	83,5 k €	+880%	-10,7 k €	-129%	37,3 k €	-57.4%	87,6 k €	-47.6%	167,1 k €	-9.7%	185 k €	+172%	68,1 k €	+229%	20,7 k €	-74.4%	80,9 k €	-29.0%	113,9 k €	+139%	47,6 k €	-56.4%	109,3 k €
Net result	476,2 k €	+181%	169,5 k €	+126%	-645,2 k €	-69.9%	-379,6 k €	-1652%	-21,7 k €	+28.2%	-30,2 k €	-1028%	3,3 k €	+113%	-24,5 k €	-220%	20,4 k €	-72.2%	73,2 k €	-52.6%	154,5 k €	-11.9%	175,3 k €	+194%	59,7 k €	+225%	18,4 k €	-77.6%	81,9 k €	-28.3%	114,3 k €	+115%	53,2 k €	-51.6%	109,9 k €
Balance sheet
Equity	2 M €	+49.7%	1,3 M €	+299%	334 k €	-65.4%	963,9 k €	+25.9%	765,6 k €	-5.4%	809,4 k €	+4.3%	776,2 k €	-0.3%	778,3 k €	+0.2%	776,5 k €	+2.7%	756,1 k €	+10.7%	683 k €	+29.2%	528,5 k €	+49.6%	353,2 k €	+20.3%	293,5 k €	+6.6%	275,3 k €	+41.7%	194,2 k €	+119%	88,8 k €	+119%	40,5 k €
Total assets	5 M €	+15.6%	4,3 M €	+11.1%	3,9 M €	+15.1%	3,4 M €	+102%	1,7 M €	+15.0%	1,5 M €	-4.5%	1,5 M €	+11.2%	1,4 M €	+14.1%	1,2 M €	-4.0%	1,2 M €	+7.3%	1,2 M €	+21.3%	957,6 k €	+9.0%	878,5 k €	+10.1%	797,6 k €	-6.3%	851,4 k €	+39.4%	610,5 k €	+19.0%	512,9 k €	+27.1%	403,6 k €
Cash	962,6 k €	+69.2%	568,8 k €	+271%	153,5 k €	+24.1%	123,7 k €	-76.7%	530,1 k €	-34.9%	814,2 k €	-4.9%	856,2 k €	+26.8%	675,2 k €	+55.9%	432,9 k €	+18.5%	365,4 k €	+131%	157,9 k €	+8.3%	145,9 k €	-0.9%	147,2 k €	-39.5%	243,5 k €	+68.4%	144,6 k €	-36.1%	226,2 k €	+174%	82,5 k €	+28.3%	64,3 k €
Debts	3 M €	+1.2%	2,9 M €	-17.0%	3,5 M €	+47.2%	2,4 M €	+170%	891,7 k €	+45.5%	612,8 k €	-8.5%	669,8 k €	+21.3%	552,4 k €	+31.5%	420 k €	-14.4%	490,6 k €	+2.5%	478,6 k €	+11.5%	429,1 k €	-18.3%	525,3 k €	+6.2%	494,6 k €	-10.6%	553,3 k €	+39.7%	396,2 k €	+7.8%	367,4 k €	+1.2%	363,1 k €
Other
Workforce	203,8 ETP	+7.8%	189,0 ETP	+57.2%	120,2 ETP	+130%	52,3 ETP	+15.7%	45,2 ETP	-7.0%	48,6 ETP	+3.8%	46,8 ETP	-14.3%	54,6 ETP	-2.7%	56,1 ETP	+2.6%	54,7 ETP	-2.0%	55,8 ETP	+3.1%	54,1 ETP	+1.5%	53,3 ETP	+2.7%	51,9 ETP	+12.3%	46,2 ETP	+22.9%	37,6 ETP	+19.0%	31,6 ETP	-6.2%	33,7 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 · 8 active · 28 ended

Active mandates

Joris DE SMEDT

Director · since 25 juin 2024

Active

Frederik Jacobs

Director · since 29 mars 2024

Active

Guido MUELENAER

Director · since 29 mars 2024

Active

Jens Timmermans

Director · since 29 mars 2024

Active

Lucas MARAIN

Director · since 29 mars 2024

Active

Marc NUYTEMANS

Director · since 29 mars 2024

Active

Marco Laenens

Director · since 29 mars 2024

Active

Johan DE MUYNCK

Chairman of the board of directors · since 09 juin 2020 · until 19 janvier 2026

Active

Ended mandates

beweging.111

Director · since 09 juin 2020 · 0654.764.846

Represented by Herman Gorremans

Ended

Johan De Muynck

Chairman of the board of directors · since 09 juin 2020

Ended

Johan De Muynck

Director · since 09 juin 2020

Ended

Michel Brabants

Director · since 22 novembre 2010

Ended

At this address

Other companies at this address

Company	CBE no.
Kunnig● Active	0627.884.760
Kunnig Operations● Active	0404.745.465

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	08/06/2026	23/07/2025	12/07/2024	17/07/2023	01/07/2022	06/07/2021
General meeting	26/05/2026	24/06/2025	25/06/2024	23/06/2023	07/06/2022	01/06/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	26/05/2026	08/06/2026	Dutch	PDF
Abridged model	31/12/2024	24/06/2025	23/07/2025	Dutch	PDF
Abridged model	31/12/2023	25/06/2024	12/07/2024	Dutch	PDF
Abridged model	31/12/2022	23/06/2023	17/07/2023	Dutch	PDF
Abridged model	31/12/2021	07/06/2022	01/07/2022	Dutch	PDF
Abridged model	31/12/2020	01/06/2021	06/07/2021	Dutch	PDF
Abridged model	31/12/2019	09/06/2020	02/07/2020	Dutch	PDF
Abridged model	31/12/2018	18/06/2019	04/07/2019	Dutch	PDF
Abridged model	31/12/2017	19/06/2018	25/06/2018	Dutch	PDF
Abridged model	31/12/2016	27/06/2017	26/09/2017	Dutch	PDF
Abridged model	31/12/2015	10/05/2016	01/07/2016	Dutch	PDF
Abridged model	31/12/2014	26/05/2015	24/06/2015	Dutch	PDF
Abridged model	31/12/2013	03/06/2014	28/07/2014	Dutch	PDF
Abridged model	31/12/2012	09/07/2013	03/08/2013	Dutch	PDF
Abridged model	31/12/2011	26/06/2012	16/07/2012	Dutch	PDF
Abridged model	31/12/2010	22/06/2011	09/04/2012	Dutch	PDF
Abridged model	31/12/2009	14/04/2010	30/06/2010	Dutch	PDF
Abridged model	31/12/2008	22/04/2009	27/06/2009	Dutch	PDF
Abridged model	31/12/2007	23/04/2008	20/09/2008	Dutch	PDF
Abridged model	31/12/2006	27/06/2007	24/08/2007	Dutch	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 · 8 active · 28 ended

Active mandates

Joris DE SMEDT

Director · since 25 juin 2024

Active

Frederik Jacobs

Director · since 29 mars 2024

Active

Guido MUELENAER

Director · since 29 mars 2024

Active

Jens Timmermans

Director · since 29 mars 2024

Active

Lucas MARAIN

Director · since 29 mars 2024

Active

Marc NUYTEMANS

Director · since 29 mars 2024

Active

Marco Laenens

Director · since 29 mars 2024

Active

Johan DE MUYNCK

Chairman of the board of directors · since 09 juin 2020 · until 19 janvier 2026

Active

Ended mandates

beweging.111

Director · since 09 juin 2020 · 0654.764.846

Represented by Herman Gorremans

Ended

Johan De Muynck

Chairman of the board of directors · since 09 juin 2020

Ended

Johan De Muynck

Director · since 09 juin 2020

Ended

Michel Brabants

Director · since 22 novembre 2010

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Other06/07/2026
—
PDF
Mandates10/03/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/10/2024
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Restructuring21/05/2024
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates08/09/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/01/2023
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/08/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/02/2021
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 2025476,2 k €↑
2024
Annual accounts 2024169,5 k €↑
2023
Annual accounts 2023-645,2 k €↓
2023
Name changeSense Operations
2022
Annual accounts 2022-379,6 k €↓
2021
Annual accounts 2021-21,7 k €↑
2021
Name changeCAS
2020
Annual accounts 2020-30,2 k €↓
2019
Annual accounts 20193,3 k €↑
2018
Annual accounts 2018-24,5 k €↓
2017
Annual accounts 201720,4 k €↓
2016
Annual accounts 201673,2 k €↓
2015
Annual accounts 2015154,5 k €↓
2014
Annual accounts 2014175,3 k €↑
2013
Annual accounts 201359,7 k €↑
2012
Annual accounts 201218,4 k €↓
2011
Annual accounts 201181,9 k €↓
2010
Annual accounts 2010114,3 k €↑
2009
Annual accounts 200953,2 k €↓
2008
Annual accounts 2008109,9 k €
11/03/1999
IncorporationNon-profit organization

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

Sense Operations

Overview

What does Sense Operations do?

Trend over 18 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