ACTIVE

Groep 24

Financial year 2025 · closed on 30/06/2025
Net result
1,5 M €
+106.5% YoY
Gross margin
2,9 M €
+29.4% YoY
Equity
279,4 k €
-5.7% YoY
Workforce
12,4 ETP
-7.5% YoY

What does Groep 24 do?

Groep 24 is a Private limited company incorporated in 2013. Its main activity is: Organisation of conventions and trade shows. Its registered office is in Brugge. It employs on average 12,4 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0521.789.229
Incorporation
05/03/2013
Legal form
Private limited company
Registered office
Ten Briele 16 box 9
8200 Brugge · FlandreSee on map
Contributed capital
6 200,00 €
Latest accounts
30/06/2025
Average workforce
12,4 ETP
Joint committees (1)
  • 304
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 12 financial years

202520242023202220212020201920182017201620152014
Income statement
Gross margin2,9 M €2,3 M €1,7 M €1,8 M €344,6 k €1,2 M €1,2 M €692,3 k €1,2 M €255,4 k €223,4 k €194,9 k €
EBITDA1,6 M €900,1 k €839,9 k €1,4 M €216,2 k €776,8 k €779 k €336,6 k €636,8 k €108,5 k €103 k €88,5 k €
Operating result1,5 M €774,9 k €721,3 k €1,2 M €125,6 k €660 k €710,7 k €282,2 k €557,1 k €78,5 k €92,6 k €81,6 k €
Net result1,5 M €734,7 k €628,7 k €1,2 M €82,1 k €647,1 k €723,1 k €243 k €548,8 k €43,9 k €48,7 k €53,6 k €
Balance sheet
Equity279,4 k €296,4 k €302,2 k €143,5 k €146,5 k €64,4 k €71,4 k €72,2 k €81,2 k €58,5 k €14,5 k €59,8 k €
Total assets5,5 M €5,3 M €2,6 M €2,9 M €2,4 M €2,2 M €2,2 M €1,2 M €1,3 M €949 k €269,4 k €319,6 k €
Cash578,7 k €1,1 M €193 k €548,6 k €471,4 k €284,5 k €396,9 k €306,3 k €188,5 k €184,5 k €84,2 k €73,8 k €
Debts3,8 M €3,2 M €1,5 M €2,5 M €2,2 M €2 M €2 M €956,2 k €1,1 M €657,1 k €222,5 k €259,3 k €
Other
Workforce12,4 ETP13,4 ETP13,6 ETP11,4 ETP10,5 ETP9,5 ETP7,9 ETP7,8 ETP6,5 ETP3,1 ETP3,2 ETP2,7 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation
Governance

Board of directors

Seen on filing of 30/06/2025 · 2 active · 9 ended

Active mandates

The Documentary Saved My Life

Director · since 15 janvier 2017 · 0669.618.813

Represented by Kristof De Block

Active
Wulf

Director · since 15 janvier 2017 · 0669.621.682

Represented by Pieter De Wulf

Active

Ended mandates

The Documentary Saved My Life

Director · since 15 janvier 2017 · 0669.618.813

Represented by Kristof De Block

Ended
The Documentary Saved My Life

Manager · since 15 janvier 2017 · 0669.618.813

Represented by Kristof De Block

Ended
The Documentary Saved My Life

Director · since 15 janvier 2017 · 0669.618.813

Represented by Kristof De Block

Ended
Wulf

Director · since 15 janvier 2017 · 0669.621.682

Represented by Pieter De Wulf

Ended
At this address

Other companies at this address

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0751.487.407
KUVECOActive
0873.584.374
PiekEnWulfHumorActive
0890.527.504
0713.772.718
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/07/202401/07/202301/07/202201/07/202101/07/202001/07/2019
Closing of the financial year30/06/202530/06/202430/06/202330/06/202230/06/202130/06/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date30/01/202610/12/202430/01/202412/10/202220/01/202208/01/2021
General meeting20/09/202520/09/202420/09/202320/09/202220/12/202120/12/2020
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

12 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/06/202520/09/202530/01/2026DutchPDF
Abridged model30/06/202420/09/202410/12/2024DutchPDF
Abridged model30/06/202320/09/202330/01/2024DutchPDF
Abridged model30/06/202220/09/202212/10/2022DutchPDF
Abridged model30/06/202120/12/202120/01/2022DutchPDF
Abridged model30/06/202020/12/202008/01/2021DutchPDF
Abridged model30/06/201930/11/201924/12/2019DutchPDF
Abridged model30/06/201830/12/201830/01/2019DutchPDF
Abridged model30/06/201720/12/201730/12/2017DutchPDF
Abridged model30/06/201620/12/201629/12/2016DutchPDF
Abridged model30/06/201520/12/201521/12/2015DutchPDF
Abridged model30/06/201420/12/201429/12/2014DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 30/06/2025 · 2 active · 9 ended

Active mandates

The Documentary Saved My Life

Director · since 15 janvier 2017 · 0669.618.813

Represented by Kristof De Block

Active
Wulf

Director · since 15 janvier 2017 · 0669.621.682

Represented by Pieter De Wulf

Active

Ended mandates

The Documentary Saved My Life

Director · since 15 janvier 2017 · 0669.618.813

Represented by Kristof De Block

Ended
The Documentary Saved My Life

Manager · since 15 janvier 2017 · 0669.618.813

Represented by Kristof De Block

Ended
The Documentary Saved My Life

Director · since 15 janvier 2017 · 0669.618.813

Represented by Kristof De Block

Ended
Wulf

Director · since 15 janvier 2017 · 0669.621.682

Represented by Pieter De Wulf

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other31/07/2019
    BENAMING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Mandates24/01/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring05/04/2017
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring25/01/2017
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring11/08/2016
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring10/06/2016
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Registered office06/01/2016
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other15/03/2013
    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 20251,5 M €
  2. 2024
    Annual accounts 2024734,7 k €
  3. 2023
    Annual accounts 2023628,7 k €
  4. 2022
    Annual accounts 20221,2 M €
  5. 2021
    Annual accounts 202182,1 k €
  6. 2020
    Annual accounts 2020647,1 k €
  7. 2019
    Annual accounts 2019723,1 k €
  8. 2018
    Annual accounts 2018243 k €
  9. 2017
    Annual accounts 2017548,8 k €
  10. 2016
    Annual accounts 201643,9 k €
  11. 2015
    Annual accounts 201548,7 k €
  12. 2014
    Annual accounts 201453,6 k €
  13. 05/03/2013
    IncorporationPrivate limited company