ACTIVE

Team Improve

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Financial year 2025 · closed on 30/06/2025

Net result

172,6 k €

-23.1% YoY

Gross margin

223,5 k €

-11.3% YoY

Equity

108,6 k €

-2.1% YoY

What does Team Improve do?

Team Improve is a Private limited company incorporated in 2013. Its main activity is: Other human health activities. Its registered office is in Zonhoven.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0540.847.254

Incorporation

15/10/2013

Legal form

Private limited company

Registered office

Houthalenseweg 61
3520 Zonhoven · FlandreSee on map

Contributed capital

12 400,00 €

Latest accounts

30/06/2025

Activities (NACE)

86905Other human health activities· main 86951Other human health activities 47740Retail sale of medical and orthopaedic goods in specialised stores 47741Retail sale of medical and orthopaedic goods in specialised stores 85510Sports and recreation education 85510Sports and recreation education+2

Contacts

2 public details availableLog in to view

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 10 financial years

	2025		2024		2023		2022		2021		2019		2018		2017		2016		2015
Income statement
Gross margin	223,5 k €	-11.3%	252 k €	+215%	80,1 k €	-41.9%	137,8 k €	+360%	30 k €	+169%	11,1 k €	-0.9%	11,2 k €	-58.2%	26,9 k €	-26.8%	36,8 k €	-37.4%	58,8 k €
EBITDA	221,4 k €	-10.9%	248,5 k €	+218%	78,1 k €	-42.5%	135,8 k €	+390%	27,7 k €	+180%	9,9 k €	-6.1%	10,5 k €	-59.2%	25,9 k €	-27.6%	35,8 k €	-37.0%	56,8 k €
Operating result	205,8 k €	-11.4%	232,4 k €	+254%	65,6 k €	-46.8%	123,2 k €	+588%	17,9 k €	+383%	3,7 k €	+1581%	-250,4 €	-102%	16,1 k €	-34.8%	24,8 k €	-40.4%	41,5 k €
Net result	172,6 k €	-23.1%	224,5 k €	+253%	63,7 k €	-45.9%	117,6 k €	+913%	11,6 k €	+189%	4 k €	+9974%	40 €	-99.6%	11 k €	-33.6%	16,6 k €	-37.7%	26,6 k €
Balance sheet
Equity	108,6 k €	-2.1%	111 k €	-3.0%	114,5 k €	+8.2%	105,8 k €	+20.0%	88,2 k €	+24.8%	70,7 k €	+6.0%	66,6 k €	+0.1%	66,6 k €	+19.8%	55,6 k €	+42.5%	39 k €
Total assets	389,1 k €	-24.4%	514,8 k €	+57.6%	326,7 k €	+4.2%	313,5 k €	+143%	129,2 k €	+10.5%	116,9 k €	+37.2%	85,2 k €	-11.7%	96,5 k €	+24.3%	77,7 k €	+23.6%	62,8 k €
Cash	30,8 k €	-83.2%	183,3 k €	+19.8%	153 k €	-4.4%	159,9 k €	+353%	35,3 k €	+26.2%	27,9 k €	-32.5%	41,4 k €	+19.2%	34,7 k €	-36.7%	54,9 k €	+55.7%	35,2 k €
Debts	280,2 k €	-29.7%	398,6 k €	+92.4%	207,2 k €	+2.2%	202,8 k €	+399%	40,6 k €	-12.1%	46,2 k €	+149%	18,6 k €	-37.9%	29,9 k €	+35.5%	22,1 k €	-7.3%	23,8 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/06/2025 · 2 active · 6 ended

Active mandates

CEDRIC BROUX

Director · since 11 décembre 2024 · 0744.402.942

Represented by Cedric Broux

Active

Move and Improve

Director · since 11 décembre 2024 · 0671.867.926

Represented by Lennert Kippers

Active

Ended mandates

Move and Improve

Director · since 01 juin 2022 · 0671.867.926

Represented by Lennert Kippers

Ended

Kippers Lennert

Director · until 01 juin 2022

Ended

Lennert Kippers

Director

Ended

Lennert Kippers

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
IMPROVE GROUP● Active	1017.185.055
Move and Improve● Active	0671.867.926
Team Improve● Active	0792.149.708

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	27/01/2026	27/12/2024	11/01/2024	09/01/2023	03/12/2021	28/01/2021
General meeting	26/12/2025	05/12/2024	28/12/2023	22/12/2022	02/12/2021	03/12/2020
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

11 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	30/06/2025	26/12/2025	27/01/2026	Dutch	PDF
Micro model	30/06/2024	05/12/2024	27/12/2024	Dutch	PDF
Micro model	30/06/2023	28/12/2023	11/01/2024	Dutch	PDF
Micro model	30/06/2022	22/12/2022	09/01/2023	Dutch	PDF
Micro model	30/06/2021	02/12/2021	03/12/2021	Dutch	PDF
Micro model	30/06/2020	03/12/2020	28/01/2021	Dutch	PDF
Micro model	30/06/2019	05/12/2019	19/12/2019	Dutch	PDF
Abridged model	30/06/2018	06/12/2018	16/12/2018	Dutch	PDF
Abridged model	30/06/2017	07/12/2017	15/12/2017	Dutch	PDF
Abridged model	30/06/2016	01/12/2016	15/12/2016	Dutch	PDF
Abridged model	30/06/2015	03/12/2015	18/12/2015	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 30/06/2025 · 2 active · 6 ended

Active mandates

CEDRIC BROUX

Director · since 11 décembre 2024 · 0744.402.942

Represented by Cedric Broux

Active

Move and Improve

Director · since 11 décembre 2024 · 0671.867.926

Represented by Lennert Kippers

Active

Ended mandates

Move and Improve

Director · since 01 juin 2022 · 0671.867.926

Represented by Lennert Kippers

Ended

Kippers Lennert

Director · until 01 juin 2022

Ended

Lennert Kippers

Director

Ended

Lennert Kippers

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates08/01/2025
Benoeming bestuurder
PDF
Mandates14/06/2023
WIJZIGING RECHTSVORM - BENAMING - ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/07/2022
ONTSLAGEN - BENOEMINGEN
PDF
Registered office02/08/2019
MAATSCHAPPELIJKE ZETEL - ALGEMENE VERGADERING
PDF
Other17/10/2013
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

2025
Annual accounts 2025172,6 k €↓
2024
Annual accounts 2024224,5 k €↑
2023
Annual accounts 202363,7 k €↓
2023
Name changeTeam Improve
2022
Annual accounts 2022117,6 k €↑
2022
Name changeLennert Kippers
2021
Annual accounts 202111,6 k €↑
2019
Annual accounts 20194 k €↑
2018
Annual accounts 201840 €↓
2017
Annual accounts 201711 k €↓
2016
Annual accounts 201616,6 k €↓
2015
Annual accounts 201526,6 k €
15/10/2013
IncorporationPrivate limited company

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

Team Improve

Overview

What does Team Improve do?

Trend over 10 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