NORMAL SITUATION

Borealis Digital Studio

Financial year 2024 · closed on 31/12/2024
Net result
168,6 k €
-50.6% YoY
Gross margin
2,3 M €
-36.0% YoY
Equity
1,6 M €
+11.7% YoY
Workforce
15,7 ETP
-27.6% YoY

Company — Normal situation.

What does Borealis Digital Studio do?

Borealis Digital Studio is a company registered in Belgium. It employs on average 15,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0692.602.863
Legal form
Private limited company
Contributed capital
22 000,00 €
Latest accounts
31/12/2024
Average workforce
15,7 ETP
Joint committees (1)
  • 200
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 7 financial years

2024202320222021202020192018
Income statement
Gross margin2,3 M €3,5 M €2,7 M €2,1 M €1,7 M €1,1 M €308,9 k €
EBITDA238,2 k €514,8 k €534,6 k €432,9 k €365 k €236,8 k €78,4 k €
Operating result203,5 k €479,3 k €499,9 k €413,3 k €346,3 k €224,5 k €75,9 k €
Net result168,6 k €341,6 k €361,7 k €293,7 k €246,7 k €148,5 k €47,6 k €
Balance sheet
Equity1,6 M €1,4 M €1,1 M €756,5 k €462,8 k €216,1 k €67,6 k €
Total assets2 M €2,2 M €2,1 M €1,5 M €1,1 M €921,2 k €630,3 k €
Debts363,8 k €788,9 k €981,1 k €731,6 k €648,2 k €705,1 k €562,7 k €
Other
Workforce15,7 ETP21,7 ETP18,1 ETP16,2 ETP14,3 ETP10,5 ETP2,6 ETP
Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 5 ended

Active mandates

Nathalie Rigouts

Bestuurder · since 15 mars 2018 · until 30 avril 2025

Active
Thomas Van De Velde

Bestuurder · since 15 mars 2018

Active

Ended mandates

Nathalie Rigouts

Bestuurder · since 15 mars 2018

Ended
Nathalie RIGOUTS

Director · since 15 mars 2018

Ended
Nathalie RIGOUTS

Manager · since 15 mars 2018

Ended
Thomas Van de Velde

Director · since 15 mars 2018

Ended
Annual accounts

Full financial information

202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date03/06/202521/05/202422/05/202331/05/202227/05/202119/05/2020
General meeting13/05/202514/05/202409/05/202310/05/202211/05/202112/05/2020
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

7 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202413/05/202503/06/2025DutchPDF
Abridged model31/12/202314/05/202421/05/2024DutchPDF
Abridged model31/12/202209/05/202322/05/2023DutchPDF
Abridged model31/12/202110/05/202231/05/2022DutchPDF
Abridged model31/12/202011/05/202127/05/2021DutchPDF
Abridged model31/12/201912/05/202019/05/2020DutchPDF
Abridged model31/12/201814/05/201913/06/2019DutchPDF
Estimate

Indicative valuation

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 31/12/2024 · 2 active · 5 ended

Active mandates

Nathalie Rigouts

Bestuurder · since 15 mars 2018 · until 30 avril 2025

Active
Thomas Van De Velde

Bestuurder · since 15 mars 2018

Active

Ended mandates

Nathalie Rigouts

Bestuurder · since 15 mars 2018

Ended
Nathalie RIGOUTS

Director · since 15 mars 2018

Ended
Nathalie RIGOUTS

Manager · since 15 mars 2018

Ended
Thomas Van de Velde

Director · since 15 mars 2018

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Dissolution05/08/2025
    RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ... - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates28/05/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring07/05/2025
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
    PDF
  • Mandates02/04/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office16/04/2024
    MAATSCHAPPELIJKE ZETEL
    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. 2024
    Annual accounts 2024168,6 k €
  2. 2023
    Annual accounts 2023341,6 k €
  3. 2022
    Annual accounts 2022361,7 k €
  4. 2021
    Annual accounts 2021293,7 k €
  5. 2020
    Annual accounts 2020246,7 k €
  6. 2019
    Annual accounts 2019148,5 k €
  7. 2018
    Annual accounts 201847,6 k €