ACTIVE

Buzzworks

Financial year 2025 · closed on 31/12/2025
Net result
115,5 k €
-46.5% YoY
Revenue
2,5 M €
+4.0% YoY
Equity
979,9 k €
+6.2% YoY
Workforce
15,9 ETP
-14.5% YoY

What does Buzzworks do?

Buzzworks is a Public limited company incorporated in 2014. Its main activity is: Computer consultancy activities. Its registered office is in Kontich. It employs on average 15,9 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0557.976.959
Incorporation
25/07/2014
Legal form
Public limited company
Registered office
Veldkant 33A
2550 Kontich · FlandreSee on map
Contributed capital
62 000,00 €
Latest accounts
31/12/2025
Average workforce
15,9 ETP
Joint committees (2)
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 11 financial years

20252024202320222021202020192018201720162015
Income statement
Revenue2,5 M €2,4 M €2,2 M €2,1 M €1,9 M €2,4 M €2,6 M €3 M €1,8 M €1,2 M €1,4 M €
EBITDA204,7 k €305,9 k €249,7 k €355,4 k €207 k €367,6 k €116,7 k €625,5 k €223,4 k €11,1 k €75,6 k €
Operating result193,6 k €297,4 k €244,4 k €348,3 k €195,4 k €347,2 k €93,9 k €607 k €212,2 k €6,8 k €73,4 k €
Net result115,5 k €215,6 k €172,3 k €243,5 k €131,2 k €256,3 k €45 k €394,8 k €124,2 k €-12,6 k €34,5 k €
Balance sheet
Equity979,9 k €922,5 k €769,1 k €669,2 k €547,7 k €554,1 k €357,8 k €312,8 k €108 k €83,8 k €96,5 k €
Total assets1,5 M €1,3 M €1,3 M €1,2 M €909,6 k €994 k €924,8 k €1,2 M €538,1 k €389,5 k €265 k €
Cash10,1 k €11,1 k €22,9 k €17,1 k €25,1 k €33,5 k €18 k €14,9 k €30,6 k €59,2 k €60,3 k €
Debts509,4 k €415,1 k €494,8 k €504,9 k €361,2 k €439 k €566,9 k €924,6 k €430,1 k €305,6 k €168,5 k €
Other
Workforce15,9 ETP18,6 ETP19,4 ETP18,4 ETP15,9 ETP18,8 ETP22,8 ETP19,2 ETP13,8 ETP13,8 ETP11,3 ETP
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 31/12/2025 · 3 active · 8 ended

Active mandates

De Cronos Groep

Director · since 18 juin 2020 · until 30 juin 2026 · 0467.132.994

Represented by Dirk Deroost

Active
Josephus De Wit

Director · since 18 juin 2020 · until 30 juin 2026

Active
Xplore group

Director · since 18 juin 2020 · until 30 juin 2026 · 0865.300.673

Represented by Paul Claes

Active

Ended mandates

De Cronos Groep

Director · since 18 juin 2020 · until 17 juin 2026 · 0467.132.994

Represented by Dirk Deroost

Ended
De Cronos Groep

Director · since 18 juin 2020 · until 17 juin 2026 · 0467.132.994

Represented by Dirk Deroost

Ended
Josephus De Wit

Director · since 18 juin 2020 · until 17 juin 2026

Ended
Xplore group

Director · since 18 juin 2020 · until 17 juin 2026 · 0865.300.673

Represented by Paul Claes

Ended
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Annual accounts

Full financial information

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 date27/07/202626/08/202523/07/202414/08/202325/08/202206/08/2021
General meeting30/06/202625/07/202519/06/202419/07/202329/06/202216/06/2021
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

11 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202627/07/2026DutchPDF
Abridged model31/12/202425/07/202526/08/2025DutchPDF
Abridged model31/12/202319/06/202423/07/2024DutchPDF
Abridged model31/12/202219/07/202314/08/2023DutchPDF
Abridged model31/12/202129/06/202225/08/2022DutchPDF
Abridged model31/12/202016/06/202106/08/2021DutchPDF
Abridged model31/12/201917/06/202009/07/2020DutchPDF
Abridged model31/12/201819/06/201924/06/2019DutchPDF
Abridged model31/12/201720/06/201823/07/2018DutchPDF
Full model31/12/201621/06/201703/08/2017DutchPDF
Full model31/12/201515/06/201611/07/2016DutchPDF
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 31/12/2025 · 3 active · 8 ended

Active mandates

De Cronos Groep

Director · since 18 juin 2020 · until 30 juin 2026 · 0467.132.994

Represented by Dirk Deroost

Active
Josephus De Wit

Director · since 18 juin 2020 · until 30 juin 2026

Active
Xplore group

Director · since 18 juin 2020 · until 30 juin 2026 · 0865.300.673

Represented by Paul Claes

Active

Ended mandates

De Cronos Groep

Director · since 18 juin 2020 · until 17 juin 2026 · 0467.132.994

Represented by Dirk Deroost

Ended
De Cronos Groep

Director · since 18 juin 2020 · until 17 juin 2026 · 0467.132.994

Represented by Dirk Deroost

Ended
Josephus De Wit

Director · since 18 juin 2020 · until 17 juin 2026

Ended
Xplore group

Director · since 18 juin 2020 · until 17 juin 2026 · 0865.300.673

Represented by Paul Claes

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other17/10/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING - DOEL
    PDF
  • Mandates07/04/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/10/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/11/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/02/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/09/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/01/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other14/08/2014
    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 2025115,5 k €
  2. 2025
    Name changeBuzzworks NV
  3. 2024
    Annual accounts 2024215,6 k €
  4. 2023
    Annual accounts 2023172,3 k €
  5. 2022
    Annual accounts 2022243,5 k €
  6. 2021
    Annual accounts 2021131,2 k €
  7. 2021
    Name changeAppFoundry
  8. 2020
    Annual accounts 2020256,3 k €
  9. 2019
    Annual accounts 201945 k €
  10. 2018
    Annual accounts 2018394,8 k €
  11. 2017
    Annual accounts 2017124,2 k €
  12. 2016
    Annual accounts 2016-12,6 k €
  13. 2015
    Annual accounts 201534,5 k €
  14. 25/07/2014
    IncorporationPublic limited company