ACTIVE

Brightspace

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Financial year 2025 · closed on 31/12/2025
Net result
5,9 k €
+150.8% YoY
Gross margin
16,2 k €
+1125.7% YoY
Equity
-108,3 k €
+5.1% YoY

What does Brightspace do?

Brightspace is a Private limited company incorporated in 2017. Its registered office is in Leuven.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0668.653.563
Incorporation
03/01/2017
Legal form
Private limited company
Registered office
Interleuvenlaan 74
3001 Leuven · FlandreSee on map
Contributed capital
20 000,00 €
Latest accounts
31/12/2025
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 7 financial years

2025202420232022202120182017
Income statement
Gross margin16,2 k €-1,6 k €8,7 k €10,8 k €63,4 k €117,2 k €1,1 M €
EBITDA15,6 k €-2,4 k €-5,5 k €9,9 k €17,1 k €116,8 k €610,7 k €
Operating result15,6 k €-2,4 k €-5,5 k €9,2 k €10,9 k €111,3 k €-115,1 k €
Net result5,9 k €-11,6 k €-14,1 k €4,5 k €6,6 k €107,9 k €-118 k €
Balance sheet
Equity-108,3 k €-114,2 k €-102,6 k €-88,6 k €-93 k €9,9 k €-98 k €
Total assets143,7 k €55,6 k €59 k €63,4 k €70,3 k €131,5 k €124,9 k €
Cash33,3 k €214 €315,6 €4,8 k €10,3 k €24,8 k €310,2 €
Debts242,2 k €160,5 k €153 k €147,1 k €159 k €118,2 k €220 k €
Other
Workforce––0,0 ETP––––
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 11 ended

Active mandates

Ilse Vanderschueren

Director · since 29 mars 2021

Active
Ann Beutels

Director

Active
Deparco

Director · 0471.749.996

Represented by Wouter Wouters

Active

Ended mandates

Ilse Vanderschueren

Associate · since 29 mars 2021

Ended
Deparco

Director · since 01 octobre 2019 · 0471.749.996

Represented by Olivia Vandenbrande

Ended
Deparco

Manager · since 01 octobre 2019 · until 01 octobre 2026 · 0471.749.996

Represented by Olivia Vandenbrande

Ended
MONEO

Director · since 01 octobre 2019 · until 29 mars 2021 · 0472.226.682

Represented by Ilse Vanderschueren

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro 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 date11/08/202630/06/202528/06/202429/06/202322/06/202209/08/2021
General meeting31/07/202620/06/202521/06/202416/06/202317/06/202218/06/2021
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

9 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202531/07/202611/08/2026DutchPDF
Micro model31/12/202420/06/202530/06/2025DutchPDF
Abridged model31/12/202321/06/202428/06/2024DutchPDF
Abridged model31/12/202216/06/202329/06/2023DutchPDF
Abridged model31/12/202117/06/202222/06/2022DutchPDF
Abridged model31/12/202018/06/202109/08/2021DutchPDF
Abridged model31/12/201931/07/202014/09/2020DutchPDF
Abridged model31/12/201820/06/201908/07/2019DutchPDF
Abridged model31/12/201715/06/201830/08/2018DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 11 ended

Active mandates

Ilse Vanderschueren

Director · since 29 mars 2021

Active
Ann Beutels

Director

Active
Deparco

Director · 0471.749.996

Represented by Wouter Wouters

Active

Ended mandates

Ilse Vanderschueren

Associate · since 29 mars 2021

Ended
Deparco

Director · since 01 octobre 2019 · 0471.749.996

Represented by Olivia Vandenbrande

Ended
Deparco

Manager · since 01 octobre 2019 · until 01 octobre 2026 · 0471.749.996

Represented by Olivia Vandenbrande

Ended
MONEO

Director · since 01 octobre 2019 · until 29 mars 2021 · 0472.226.682

Represented by Ilse Vanderschueren

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates24/01/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other23/10/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - BENAMING - DOEL
    PDF
  • Mandates28/06/2022
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/06/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/07/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/05/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other08/11/2018
    BENAMING
    PDF
  • Mandates11/09/2018
    ONTSLAGEN - BENOEMINGEN
    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 20255,9 k €↑
  2. 2024
    Annual accounts 2024-11,6 k €↑
  3. 2023
    Annual accounts 2023-14,1 k €↓
  4. 2023
    Name changeBrightspace
  5. 2022
    Annual accounts 20224,5 k €↓
  6. 2021
    Annual accounts 20216,6 k €↓
  7. 2018
    Annual accounts 2018107,9 k €↑
  8. 2018
    Name changeBYGGO
  9. 2017
    Annual accounts 2017-118 k €
  10. 03/01/2017
    IncorporationPrivate limited company
  11. 2017
    Name changeBruno Denys