team.blue
0716.654.014 · rovalta.com · 23/09/2026
ACTIVE
team.blue
Financial year 2024 · closed on 31/12/2024
Net result
-36,9 M €
-30.5% YoY
Revenue
31,9 M €
+121.7% YoY
Equity
640,5 M €
+26.3% YoY
Workforce
22,8 ETP
+23.2% YoY
Overview
What does team.blue do?
team.blue is a Public limited company incorporated in 2018. Its main activity is: Activities of head offices. Its registered office is in Gent. It employs on average 22,8 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0716.654.014
Incorporation
19/12/2018
Legal form
Public limited company
Registered office
Skaldenstraat 121
9042 Gent · FlandreSee on map
9042 Gent · FlandreSee on map
Contributed capital
779 286 990,92 €
Latest accounts
31/12/2024
Average workforce
22,8 ETP
Activities (NACE)
Joint committees (1)
- 200
Signals
Solid equityLow riskGood liquidityHealthy social debtsHigh revenue
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Financials
Trend over 6 financial years
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||
| Revenue | 31,9 M € | +122% | 14,4 M € | – | 4,8 M € | +68.0% | 2,9 M € | – | |||
| EBITDA | -4,8 M € | +21.0% | -6,1 M € | +11.4% | -6,9 M € | -577% | -1 M € | -484% | -173,6 k € | +98.4% | -10,7 M € |
| Operating result | -4,9 M € | +20.6% | -6,2 M € | +10.9% | -6,9 M € | -556% | -1,1 M € | -437% | -196,1 k € | +98.2% | -10,7 M € |
| Net result | -36,9 M € | -30.5% | -28,2 M € | -58.0% | -17,9 M € | -76.8% | -10,1 M € | +29.5% | -14,3 M € | +54.3% | -31,4 M € |
| Balance sheet | |||||||||||
| Equity | 640,5 M € | +26.3% | 507 M € | -5.3% | 535,2 M € | -3.2% | 553,1 M € | -0.6% | 556,2 M € | +1.0% | 550,6 M € |
| Total assets | 1,6 Md € | +18.1% | 1,4 Md € | +7.3% | 1,3 Md € | +3.7% | 1,3 Md € | +0.2% | 1,2 Md € | +1.7% | 1,2 Md € |
| Cash | 2,9 M € | -76.6% | 12,2 M € | +3143% | 376,4 k € | -96.0% | 9,4 M € | +390% | 1,9 M € | -43.9% | 3,4 M € |
| Debts | 1 Md € | +13.2% | 884,2 M € | +17.4% | 753,4 M € | +7.9% | 698,4 M € | +3.1% | 677,1 M € | +1.7% | 665,8 M € |
| Other | |||||||||||
| Workforce | 22,8 ETP | +23.2% | 18,5 ETP | +85.0% | 10,0 ETP | +78.6% | 5,6 ETP | +47.4% | 3,8 ETP | +111% | 1,8 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 500 M€ and 1.000 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2024 · 11 active · 11 ended
Active mandates
Jessica Morris
ActiveRicha Sirohi
ActiveAli Niknam
ActiveClaudio Corbetta
ActiveDawn Marriott
ActiveJeroen Hüpscher
ActiveJonas Dhaenens
ActiveJonathan Wrennall
ActiveJoris Van Gool
ActiveMatthijs Deroo
ActiveNicolas Jordan
ActiveEnded mandates
Matthijs Deroo
EndedAli Niknam
EndedJohan Gerard Drechsel
EndedClaudio Corbetta
EndedAt this address
Other companies at this address
| Company | CBE no. |
|---|---|
AMAVI● Active | 0758.391.530 |
Belgian Registrar Association● Active | 0650.932.554 |
BROSE GENT● Active | 0478.504.562 |
COMBELL● Active | 0541.977.701 |
EASYHOST● Active | 0455.977.006 |
Euro-Fitting Invoicing● Active | 0862.157.477 |
GHENT WAREHOUSING SYSTEMS● Active | 0436.035.289 |
G&P QUALITY MANAGEMENT● Active | 0425.104.478 |
MCSyncro● Active | 0456.937.504 |
team.blue management GP● Active | 0787.738.285 |
team.blue Management II● Active | 0787.838.651 |
TERRA MATER● Active | 0744.440.653 |
Financials
Annual accounts
Full financial information
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
| Type of account | Full model | Full model | Abridged model | Abridged model | Abridged model | Abridged model |
| Start of the financial year | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 | 19/12/2018 |
| Closing of the financial year | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 | 31/12/2019 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 13 months |
| Filing date | 25/07/2025 | 29/07/2024 | 28/08/2023 | 30/06/2022 | 13/07/2021 | 28/08/2020 |
| General meeting | 02/06/2025 | 03/06/2024 | 01/06/2023 | 01/06/2022 | 01/06/2021 | 02/06/2020 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
6 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/12/2024 | 02/06/2025 | 25/07/2025 | Dutch | |
| Full model | 31/12/2023 | 03/06/2024 | 29/07/2024 | Dutch | |
| Abridged model | 31/12/2022 | 01/06/2023 | 28/08/2023 | Dutch | |
| Abridged model | 31/12/2021 | 01/06/2022 | 30/06/2022 | Dutch | |
| Abridged model | 31/12/2020 | 01/06/2021 | 13/07/2021 | Dutch | |
| Abridged model | 31/12/2019 | 02/06/2020 | 28/08/2020 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 500 M€ and 1.000 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2024 · 11 active · 11 ended
Active mandates
Jessica Morris
ActiveRicha Sirohi
ActiveAli Niknam
ActiveClaudio Corbetta
ActiveDawn Marriott
ActiveJeroen Hüpscher
ActiveJonas Dhaenens
ActiveJonathan Wrennall
ActiveJoris Van Gool
ActiveMatthijs Deroo
ActiveNicolas Jordan
ActiveEnded mandates
Matthijs Deroo
EndedAli Niknam
EndedJohan Gerard Drechsel
EndedClaudio Corbetta
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates24/06/2026ONTSLAGEN - BENOEMINGEN
- Mandates08/06/2026ONTSLAGEN - BENOEMINGEN
- Capital / shares16/09/2025STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
- Mandates13/01/2025ONTSLAGEN - BENOEMINGEN
- Capital / shares07/01/2025KAPITAAL - AANDELEN
- Other30/12/2024STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Capital / shares19/11/2024STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
- Mandates26/01/2023ONTSLAGEN - BENOEMINGEN
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 27/05/2026nominationSelina Yan — bestuurder
- 10/09/2025augmentation_capital
- 02/06/2025nominationDeloitte Bedrijfsrevisoren BV — commissaris
- 2024Annual accounts 2024-36,9 M €↓
- 20/12/2024augmentation_capital
- 11/12/2024nominationRicha Sirohi — bestuurder
- 11/12/2024nominationJessica Morris — bestuurder
- 08/11/2024augmentation_capital
- 2023Annual accounts 2023-28,2 M €↓
- 2022Annual accounts 2022-17,9 M €↓
- 28/10/2022nominationMatthijs Deroo — bestuurder
- 28/10/2022nominationClaudio Corbetta — gedelegeerd bestuurder
- 2021Annual accounts 2021-10,1 M €↑
- 2020Annual accounts 2020-14,3 M €↑
- 2019Annual accounts 2019-31,4 M €
- 19/12/2018IncorporationPublic limited company