ACTIVE

GLUE

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Financial year 2025 · closed on 30/09/2025
Net result
125,2 k €
+999.7% YoY
Gross margin
647,9 k €
+14.2% YoY
Equity
418,8 k €
+42.7% YoY
Workforce
6,7 ETP
-21.2% YoY

What does GLUE do?

GLUE is a Private limited company incorporated in 2002. Its main activity is: Scientific research and development. Its registered office is in Gent. It employs on average 6,7 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0478.747.557
Incorporation
12/11/2002
Legal form
Private limited company
Registered office
Dok-Noord 4E box 205
9000 Gent · FlandreSee on map
Contributed capital
24 800,00 €
Latest accounts
30/09/2025
Average workforce
6,7 ETP
Activities (NACE)
72400Scientific research and development· main73110Advertising agencies73110Advertising agencies62020Computer consultancy activities62200Computer programming, consultancy and related activities63100Data processing, hosting and related activities; web portals+3
Joint committees (3)
  • 200
  • 218
  • 227
Contacts
3 public details availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220202019201820172016201520142013201220112010200920082007
Income statement
Gross margin647,9 k €567,3 k €601,8 k €1 M €599,3 k €793,5 k €735,7 k €755 k €673,2 k €436,8 k €641,9 k €369,2 k €301,1 k €203,2 k €165,7 k €126,1 k €226,6 k €164 k €
EBITDA202,5 k €43,4 k €-35,9 k €268,2 k €97,8 k €338,1 k €172,7 k €232,3 k €215,1 k €57 k €291,6 k €115,2 k €121,7 k €52,4 k €29,5 k €-4 k €106,1 k €121,7 k €
Operating result174,5 k €26,5 k €30,2 k €252,7 k €79,8 k €175,8 k €122,3 k €188,7 k €184,1 k €23,7 k €217,4 k €80 k €82,6 k €24 k €5,3 k €-28,8 k €81,3 k €106,2 k €
Net result125,2 k €11,4 k €12,1 k €168,9 k €41 k €100,1 k €57,9 k €122,9 k €102,8 k €221,4 €134,8 k €46,6 k €47,1 k €10,2 k €4,3 k €-21,9 k €59,1 k €73,2 k €
Balance sheet
Equity418,8 k €293,6 k €282,2 k €138,7 k €466,2 k €425,2 k €325,1 k €267,2 k €144,3 k €41,5 k €331,3 k €196,5 k €150 k €102,8 k €192,6 k €188,3 k €210,2 k €153,5 k €
Total assets655,9 k €702,2 k €720,4 k €1,1 M €841,5 k €1,3 M €1,3 M €1,3 M €930,1 k €935,7 k €960,3 k €458,6 k €424 k €379 k €288,6 k €313,3 k €345,8 k €224,3 k €
Cash279,6 k €378 k €314,5 k €613,1 k €549,6 k €318,7 k €191,3 k €269,3 k €511,9 k €500,8 k €487,3 k €189,7 k €191,8 k €189,4 k €134,2 k €181,8 k €200 k €159,2 k €
Debts234,7 k €403,7 k €436,1 k €915,5 k €289,3 k €824,3 k €934,4 k €989,3 k €719,8 k €827,6 k €558 k €193,7 k €207,9 k €210,1 k €59 k €89 k €94,3 k €70,5 k €
Other
Workforce6,7 ETP8,5 ETP9,9 ETP12,2 ETP8,9 ETP8,8 ETP12,8 ETP11,7 ETP10,6 ETP8,9 ETP0,3 ETP5,3 ETP4,1 ETP3,8 ETP3,0 ETP4,0 ETP2,6 ETP1,3 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active · 16 ended

Active mandates

SUPERGLUE

Director · since 07 novembre 2023 · 0846.357.266

Represented by F.Q.M.D., vertegenwoordig door Filip Quivreux /

Active

Ended mandates

SUPERGLUE

Director · since 07 novembre 2023 · 0846.357.266

Represented by F.Q.M.D., vertegenwoordig door Filip Quivreux /

Ended
SUPERGLUE

Associate · since 07 novembre 2023 · 0846.357.266

Represented by Filip QUIVREUX

Ended
SUPERGLUE

Mandate · since 01 octobre 2014 · 0846.357.266

Represented by Filip QUIVREUX

Ended
SUPERGLUE

Director · since 01 octobre 2014 · 0846.357.266

Represented by Filip QUIVREUX

Ended
At this address

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FOODPHOTO● Active
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Introw● Active
0798.161.431
SUPERGLUE● Active
0846.357.266
SUPPERDELUX● Active
0436.434.474
We Are Young● Active
0672.442.503
Annual accounts

Full financial information

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 date03/02/202617/02/202520/03/202405/05/202323/03/202217/05/2021
General meeting09/12/202505/02/202513/03/202431/03/202318/03/202230/11/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/09/202509/12/202503/02/2026DutchPDF
Abridged model30/09/202405/02/202517/02/2025DutchPDF
Abridged model30/09/202313/03/202420/03/2024DutchPDF
Abridged model30/09/202231/03/202305/05/2023DutchPDF
Abridged model30/09/202118/03/202223/03/2022DutchPDF
Abridged model30/09/202030/11/202017/05/2021DutchPDF
Abridged model30/09/201930/11/201915/01/2020DutchPDF
Abridged model30/09/201831/12/201801/02/2019DutchPDF
Abridged model30/09/201730/11/201731/01/2018DutchPDF
Abridged model30/09/201630/11/201616/01/2017DutchPDF
Abridged model30/09/201531/01/201602/03/2016DutchPDF
Abridged model30/09/201421/12/201414/01/2015DutchPDF
Abridged model30/09/201330/12/201315/02/2014DutchPDF
Abridged model30/09/201230/01/201315/02/2013DutchPDF
Abridged model30/09/201130/11/201104/01/2012DutchPDF
Abridged model30/09/201030/11/201008/02/2011DutchPDF
Abridged model30/09/200930/11/200924/02/2010DutchPDF
Abridged model30/09/200830/11/200830/12/2008DutchPDF
Abridged model30/09/200730/11/200707/01/2008DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 30/09/2025 · 1 active · 16 ended

Active mandates

SUPERGLUE

Director · since 07 novembre 2023 · 0846.357.266

Represented by F.Q.M.D., vertegenwoordig door Filip Quivreux /

Active

Ended mandates

SUPERGLUE

Director · since 07 novembre 2023 · 0846.357.266

Represented by F.Q.M.D., vertegenwoordig door Filip Quivreux /

Ended
SUPERGLUE

Associate · since 07 novembre 2023 · 0846.357.266

Represented by Filip QUIVREUX

Ended
SUPERGLUE

Mandate · since 01 octobre 2014 · 0846.357.266

Represented by Filip QUIVREUX

Ended
SUPERGLUE

Director · since 01 octobre 2014 · 0846.357.266

Represented by Filip QUIVREUX

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates10/05/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring24/11/2023
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring07/09/2023
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates13/06/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Mandates24/03/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office17/11/2011
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates19/05/2003
    ONTSLAGEN - BENOEMINGEN - MAATSCHAPPELIJKE ZETEL
    PDF
  • Other20/11/2002
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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

Timeline

  1. 2025
    Annual accounts 2025125,2 k €↑
  2. 2024
    Annual accounts 202411,4 k €↓
  3. 2023
    Annual accounts 202312,1 k €↓
  4. 2022
    Annual accounts 2022168,9 k €↑
  5. 2020
    Annual accounts 202041 k €↓
  6. 2019
    Annual accounts 2019100,1 k €↑
  7. 2018
    Annual accounts 201857,9 k €↓
  8. 2017
    Annual accounts 2017122,9 k €↑
  9. 2016
    Annual accounts 2016102,8 k €↑
  10. 2015
    Annual accounts 2015221,4 €↓
  11. 2014
    Annual accounts 2014134,8 k €↑
  12. 2013
    Annual accounts 201346,6 k €↓
  13. 2012
    Annual accounts 201247,1 k €↑
  14. 2011
    Annual accounts 201110,2 k €↑
  15. 2010
    Annual accounts 20104,3 k €↑
  16. 2009
    Annual accounts 2009-21,9 k €↓
  17. 2008
    Annual accounts 200859,1 k €↓
  18. 2007
    Annual accounts 200773,2 k €
  19. 12/11/2002
    IncorporationPrivate limited company