ACTIVE

TARGET ADVERTISING

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Financial year 2025 · Closed on 31/12/2025

Net result5,1 €-99,6 %over 1 year
Revenue643,7 k €+21,2 %over 1 year
Equity115,7 k €+0,0 %over 1 year
Workforce2,7 ETP-12,9 %over 1 year

Identity

Source · BCE/KBO

TARGET ADVERTISING is a Private limited company incorporated in 2015. Its main activity is: Advertising agencies. Its registered office is in Namur. It employs on average 2,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0631.867.502
Incorporation
09/06/2015
Legal form
Private limited company
Registered office
Rue de Jausse(WD) 109
5100 Namur · WallonieSee on map
Contributed capital
6 200,00 €
Latest accounts
31/12/2025
Average workforce
2,7 ETP
Joint committees (1)
  • 200
Contacts
4 public details availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 10 filings

Trend over 10 financial years

20252024202320222021
Income statement
Revenue643,7 k €531,2 k €481,3 k €463,6 k €364,2 k €
EBITDA6,8 k €9,4 k €5,9 k €23,2 k €33,7 k €
Operating result1,7 k €3,4 k €1 k €19,2 k €31,4 k €
Net result5,1 €1,1 k €559,2 €14,4 k €22,8 k €
Balance sheet
Equity115,7 k €115,7 k €114,5 k €114 k €99,6 k €
Total assets331,6 k €356,5 k €226,3 k €297,4 k €241,9 k €
Cash69,6 k €136,8 k €2,5 k €91 k €62,7 k €
Debts215,9 k €240,8 k €111,5 k €183,4 k €128,6 k €
Other
Workforce2,7 ETP3,1 ETP2,8 ETP1,9 ETP3,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 2 ended

Active mandates

Arnaud VAN CUTSEM

Mandate

Active
Bertrand VAN DEN DOOREN

Mandate

Active

Ended mandates

Expansion Partners

Mandate · 0466.684.717

Ended
Expansion Partners

Mandate · 0466.684.717

Ended

Other companies at this address

Rue de Jausse(WD) 109 5100 Namur
CompanyCBE no.
AB ADVERTISING● Active
0542.968.980
BUSINESS CENTER WIERDE● Active
0666.733.260
Expansion Partners● Active
0466.684.717
La Société du Crématorium d’Eghezée● Active
1035.854.684
VHS AGENCY● Active
0645.602.702
WEBUP● Active
0682.752.514

Full financial information

Source · NBB
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 date12/08/202630/06/202524/07/202401/08/202329/07/202203/05/2021
General meeting29/05/202630/05/202531/05/202430/06/202323/05/202228/04/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 10 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202529/05/202612/08/2026FrenchPDF
Abridged model31/12/202430/05/202530/06/2025FrenchPDF
Abridged model31/12/202331/05/202424/07/2024FrenchPDF
Abridged model31/12/202230/06/202301/08/2023FrenchPDF
Abridged model31/12/202123/05/202229/07/2022FrenchPDF
Abridged model31/12/202028/04/202103/05/2021FrenchPDF
Abridged model31/12/201926/05/202031/07/2020FrenchPDF
Abridged model31/12/201830/06/201931/07/2019FrenchPDF
Abridged model31/12/201731/07/201831/08/2018FrenchPDF
Abridged model31/12/201630/05/201711/08/2017FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 2 ended

Active mandates

Arnaud VAN CUTSEM

Mandate

Active
Bertrand VAN DEN DOOREN

Mandate

Active

Ended mandates

Expansion Partners

Mandate · 0466.684.717

Ended
Expansion Partners

Mandate · 0466.684.717

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates28/12/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - OBJET - DEMISSIONS, NOMINATIONS
    PDF
  • Other11/06/2015
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    PDF

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 20255,1 €↓
  2. 2024
    Annual accounts 20241,1 k €↑
  3. 2023
    Annual accounts 2023559,2 €↓
  4. 2022
    Annual accounts 202214,4 k €↓
  5. 2021
    Annual accounts 202122,8 k €↑
  6. 2020
    Annual accounts 2020-1,9 k €↓
  7. 2019
    Annual accounts 2019856,7 €↓
  8. 2018
    Annual accounts 20185,1 k €↓
  9. 2017
    Annual accounts 201761,6 k €↓
  10. 2016
    Annual accounts 2016126,3 k €
  11. 09/06/2015
    IncorporationPrivate limited company