ACTIVE

Direct Operations

Export PDF
Financial year 2025 · closed on 31/12/2025
Net result
1 M €
+2.9% YoY
Revenue
9,5 M €
-3.9% YoY
Equity
2,9 M €
+56.8% YoY
Workforce
5,9 ETP
-1.7% YoY

What does Direct Operations do?

Direct Operations is a Private limited company incorporated in 2018. Its main activity is: Other publishing activities. Its registered office is in Anderlecht. It employs on average 5,9 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0695.926.203
Incorporation
15/05/2018
Legal form
Private limited company
Registered office
Rue Victor Rauter 31
1070 Anderlecht · BruxellesSee on map
Contributed capital
6 200,00 €
Latest accounts
31/12/2025
Average workforce
5,9 ETP
Activities (NACE)
58190Other publishing activities· main58190Other publishing activities73110Advertising agencies73110Advertising agencies70200Management consultancy activities70210Public relations and communication activities+2
Joint committees (2)
  • 100
  • 200
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
View the BCE/KBO Public Search record →
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 8 financial years

20252024202320222021202020192018
Income statement
Revenue9,5 M €9,9 M €8 M €11,8 M €10,1 M €–––
EBITDA1,3 M €1 M €-1,8 M €1,2 M €1,3 M €709 k €516,4 k €81,5 k €
Operating result1,2 M €1 M €-1,8 M €1,2 M €1,2 M €700,8 k €508,2 k €81,5 k €
Net result1 M €1 M €-1,8 M €865,2 k €893 k €502,8 k €357,8 k €35,7 k €
Balance sheet
Equity2,9 M €1,8 M €814,1 k €2,6 M €1,7 M €873,3 k €388 k €41,9 k €
Total assets16,4 M €17,2 M €15,6 M €17,8 M €14,6 M €11,4 M €9,2 M €3,6 M €
Cash836,1 k €368,2 k €546,5 k €362,8 k €499,9 k €522,2 k €508,6 k €354,9 k €
Debts13,6 M €15,4 M €14,7 M €15,2 M €12,8 M €10,4 M €8,8 M €3,6 M €
Other
Workforce5,9 ETP6,0 ETP5,7 ETP5,0 ETP5,0 ETP5,0 ETP5,3 ETP–
Estimate

Indicative valuation

As an indication, this company is worth

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

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

COMSTER

Director · 0890.158.508

Represented by Ludo Longin

Active

Ended mandates

COMSTER

Director · 0890.158.508

Represented by Ludo Longin

Ended
COMSTER

Managing director · 0890.158.508

Represented by Ludo Longin

Ended
At this address

Other companies at this address

CompanyCBE no.
Devinity● Active
0757.651.954
Idrima● Active
0660.831.504
La voix de la femme libanaise● Active
0726.595.425
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull 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 date31/08/202630/08/202531/08/202431/08/202314/11/202230/07/2021
General meeting06/06/202629/08/202530/08/202431/08/202310/10/202205/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

8 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202506/06/202631/08/2026DutchPDF
Full model31/12/202429/08/202530/08/2025DutchPDF
Full model31/12/202330/08/202431/08/2024DutchPDF
Full model31/12/202231/08/202331/08/2023DutchPDF
Full model31/12/202110/10/202214/11/2022DutchPDF
Abridged model31/12/202005/06/202130/07/2021DutchPDF
Abridged model31/12/201931/08/202028/09/2020DutchPDF
Abridged model31/12/201801/06/201930/08/2019DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

COMSTER

Director · 0890.158.508

Represented by Ludo Longin

Active

Ended mandates

COMSTER

Director · 0890.158.508

Represented by Ludo Longin

Ended
COMSTER

Managing director · 0890.158.508

Represented by Ludo Longin

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates05/03/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/12/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/03/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other08/01/2019
    ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Other17/05/2018
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 20251 M €↑
  2. 2024
    Annual accounts 20241 M €↑
  3. 2023
    Annual accounts 2023-1,8 M €↓
  4. 2022
    Annual accounts 2022865,2 k €↓
  5. 2021
    Annual accounts 2021893 k €↑
  6. 2020
    Annual accounts 2020502,8 k €↑
  7. 2019
    Annual accounts 2019357,8 k €↑
  8. 2018
    Annual accounts 201835,7 k €
  9. 15/05/2018
    IncorporationPrivate limited company