ACTIVE

South Bay Ventures

Financial year 2025 · Closed on 31/12/2025

Net result-37,4 k €-333,2 %over 1 year
Gross margin5,2 k €-82,7 %over 1 year
Equity317,3 k €-10,5 %over 1 year

Identity

Source · BCE/KBO

South Bay Ventures is a Private limited company incorporated in 2017. Its main activity is: Other personal service activities n.e.c.. Its registered office is in Leuven.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0680.796.577
Incorporation
01/09/2017
Legal form
Private limited company
Registered office
Naamsevest 88
3000 Leuven · FlandreSee on map
Contributed capital
100 000,00 €
Latest accounts
31/12/2025
Signals
Solid equityLow riskGood liquidity

Financials

Source · NBB, 8 filings

Trend over 8 financial years

20252024202320222021
Income statement
Gross margin5,2 k €30 k €113,5 k €278,8 k €-11,6 k €
EBITDA-32,1 k €28,6 k €112,9 k €278,7 k €-11,7 k €
Operating result-34,2 k €25,6 k €107,7 k €273,3 k €-16,1 k €
Net result-37,4 k €16 k €77,6 k €204,2 k €-16,7 k €
Balance sheet
Equity317,3 k €354,7 k €338,7 k €261,1 k €56,9 k €
Total assets342,1 k €402,8 k €415,7 k €364,6 k €62,2 k €
Cash185 k €287,8 k €340,3 k €264,5 k €31,7 k €
Debts23,8 k €47,1 k €75,6 k €102,3 k €4,2 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Herman Verrelst
Directorsince 01/09/2017Manager2018 accountsended

Other companies at this address

Naamsevest 88 3000 Leuven
CompanyCBE no.
0459.977.661
0747.829.616

Full financial information

Source · NBB
202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro 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 date29/06/202624/06/202531/07/202417/07/202324/06/202224/06/2021
General meeting19/06/202620/06/202521/06/202416/06/202317/06/202218/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 8 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202519/06/202629/06/2026DutchPDF
Micro model31/12/202420/06/202524/06/2025DutchPDF
Micro model31/12/202321/06/202431/07/2024DutchPDF
Micro model31/12/202216/06/202317/07/2023DutchPDF
Micro model31/12/202117/06/202224/06/2022DutchPDF
Micro model31/12/202018/06/202124/06/2021DutchPDF
Micro model31/12/201919/06/202025/06/2020DutchPDF
Micro model31/12/201821/06/201904/07/2019DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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

1 active

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Herman Verrelst
Directorsince 01/09/2017Manager2018 accountsended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates03/06/2024
    WIJZIGING RECHTSVORM, ONTSLAGEN, BENOEMINGEN
    PDF
  • Capital / shares03/05/2021
    KAPITAAL - AANDELEN
    PDF
  • Other18/09/2017
    OPRICHTING - BENOEMINGEN
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings8 filings
Mandates
Herman Verrelst
2017201820192020202120222023202420252026
South Bay Ventures
Naamsevest 88, 3000 Leuven
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Naamsevest 88, 3000 LeuvenCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00228025

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
South Bay VenturesCurrent
accounts 2018 → 2025
Accounts 2025 · 2026-00228025

Events

  1. 2025
    Annual accounts 2025-37,4 k €↓
  2. 2024
    Annual accounts 202416 k €↓
  3. 2023
    Annual accounts 202377,6 k €↓
  4. 2022
    Annual accounts 2022204,2 k €↑
  5. 2021
    Annual accounts 2021-16,7 k €↑
  6. 2020
    Annual accounts 2020-24,8 k €↓
  7. 2019
    Annual accounts 2019-12,2 k €↓
  8. 2018
    Annual accounts 201810,6 k €
  9. 01/09/2017
    IncorporationPrivate limited company