ACTIVE

THE SURF GROUP

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Financial year 2025 · Closed on 30/09/2025

Net result295,3 k €+2 005,2 %over 1 year
Gross margin597,4 k €+146,2 %over 1 year
Equity468,8 k €+170,2 %over 1 year
Workforce2,4 ETP+4,3 %over 1 year

Identity

Source · BCE/KBO

THE SURF GROUP is a Private limited company incorporated in 2017. Its main activity is: Travel agency activities. Its registered office is in Beveren-Kruibeke-Zwijndrecht. It employs on average 2,4 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0684.799.808
Incorporation
17/11/2017
Legal form
Private limited company
Registered office
Lindenstraat 48
2070 Beveren-Kruibeke-Zwijndrecht · FlandreSee on map
Contributed capital
25 000,00 €
Latest accounts
30/09/2025
Average workforce
2,4 ETP
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 8 filings

Trend over 8 financial years

20252024202320222021
Income statement
Gross margin597,4 k €242,7 k €341,3 k €156,3 k €209,1 k €
EBITDA501,6 k €146,8 k €220,5 k €114,8 k €203,9 k €
Operating result403,8 k €38,5 k €128 k €45,7 k €167,2 k €
Net result295,3 k €14 k €96,2 k €40,5 k €149,7 k €
Balance sheet
Equity468,8 k €173,5 k €159,5 k €63,3 k €22,8 k €
Total assets1,1 M €549,4 k €640,4 k €505,2 k €662,1 k €
Cash60,5 k €51,1 k €127,9 k €218,8 k €387,9 k €
Debts435,5 k €275,9 k €262,4 k €442 k €639,3 k €
Other
Workforce2,4 ETP2,3 ETP2,1 ETP––

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation

Board of directors

Source · NBB, accounts to 30/09/2025

1 active · 7 ended

Active mandates

Stoked Adventures BO

Director

Represented by Hugo, Julius, Thomas Mensink

Active

Ended mandates

APART05

Director · since 17 novembre 2017 · 0893.031.884

Represented by Joeri Van de Vliet

Ended
Thirty12 bv

Director · since 17 novembre 2017

Represented by Eric Slokkers

Ended
APART05

Director · 0893.031.884

Represented by Joeri Van de Vliet

Ended
APART05

Director · 0893.031.884

Represented by Joeri Van de Vliet

Ended

Other companies at this address

Lindenstraat 48 2070 Beveren-Kruibeke-Zwijndrecht
CompanyCBE no.
APART05● Active
0893.031.884
COLAB48distribution● Active
0597.590.175
Rumours● Active
0537.251.821
SALTY PEAK● Active
1020.704.373
VELVET WAVE● Active
0762.933.605

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/11/202401/11/202301/11/202201/11/202101/11/202001/11/2019
Closing of the financial year30/09/202531/10/202431/10/202331/10/202231/10/202131/10/2020
Length of the financial year11 months12 months12 months12 months12 months12 months
Filing date16/12/202507/04/202511/04/202431/05/202328/04/202226/03/2021
General meeting03/12/202528/02/202523/02/202424/02/202325/02/202226/02/2021
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
Abridged model30/09/202503/12/202516/12/2025DutchPDF
Abridged model31/10/202428/02/202507/04/2025DutchPDF
Abridged model31/10/202323/02/202411/04/2024DutchPDF
Abridged model31/10/202224/02/202331/05/2023DutchPDF
Abridged model31/10/202125/02/202228/04/2022DutchPDF
Abridged model31/10/202026/02/202126/03/2021DutchPDF
Abridged model31/10/201928/02/202009/03/2020DutchPDF
Abridged model31/10/201801/03/201926/03/2019DutchPDF

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.

Board of directors

Source · NBB, accounts to 30/09/2025

1 active · 7 ended

Active mandates

Stoked Adventures BO

Director

Represented by Hugo, Julius, Thomas Mensink

Active

Ended mandates

APART05

Director · since 17 novembre 2017 · 0893.031.884

Represented by Joeri Van de Vliet

Ended
Thirty12 bv

Director · since 17 novembre 2017

Represented by Eric Slokkers

Ended
APART05

Director · 0893.031.884

Represented by Joeri Van de Vliet

Ended
APART05

Director · 0893.031.884

Represented by Joeri Van de Vliet

Ended

Ownership and network

Looking for more information about this company?

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other04/09/2025
    ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates20/05/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/05/2023
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other15/12/2017
    ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Other21/11/2017
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 2025295,3 k €↑
  2. 2024
    Annual accounts 202414 k €↓
  3. 2023
    Annual accounts 202396,2 k €↑
  4. 2022
    Annual accounts 202240,5 k €↓
  5. 2021
    Annual accounts 2021149,7 k €↑
  6. 2020
    Annual accounts 2020-173,7 k €↓
  7. 2019
    Annual accounts 201914,1 k €↑
  8. 2018
    Annual accounts 20187,7 k €
  9. 17/11/2017
    IncorporationPrivate limited company