ACTIVE

UNDER BELLY

Financial year 2024 · Closed on 31/12/2024

Net result21,9 k €+113,2 %over 1 year
Gross margin35,2 k €+2,7 %over 1 year
Equity-99,6 k €+18,0 %over 1 year

Identity

Source · BCE/KBO

UNDER BELLY is a Private limited company incorporated in 2021. Its main activity is: Activities of holding companies. Its registered office is in Kortrijk.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0779.364.217
Incorporation
24/12/2021
Legal form
Private limited company
Registered office
Deken Degryselaan(Kor) 51
8500 Kortrijk · FlandreSee on map
Contributed capital
2 000,00 €
Latest accounts
31/12/2024
Signals
ProfitablePositive cashflowPositive EBITDA

Financials

Source · NBB, 3 filings

Trend over 3 financial years

202420232022
Income statement
Gross margin35,2 k €34,2 k €53 k €
EBITDA32,1 k €33,4 k €52,7 k €
Operating result31,7 k €31,6 k €52,7 k €
Net result21,9 k €-165,7 k €42,2 k €
Balance sheet
Equity-99,6 k €-121,5 k €44,2 k €
Total assets58,2 k €60,9 k €550,4 k €
Cash6,6 k €13,3 k €3,8 €
Debts60,6 k €85,1 k €506,2 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

2 active · 2 ended

Active mandates

Philippe Bruneel

Director

Active
Sabina Janart

Director

Active

Ended mandates

Philippe Dirk Bruneel

Director

Ended
Philippe Dirk J BRUNEEL

Director

Ended

Full financial information

Source · NBB
202420232022
Type of accountMicro modelMicro modelAbridged model
Start of the financial year01/01/202401/01/202324/12/2021
Closing of the financial year31/12/202431/12/202331/12/2022
Length of the financial year12 months12 months13 months
Filing date29/09/202528/10/202431/08/2023
General meeting26/09/202507/10/202431/08/2023
Currency of the financial yearEUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 3 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202426/09/202529/09/2025DutchPDF
Micro model31/12/202307/10/202428/10/2024DutchPDF
Abridged model31/12/202231/08/202331/08/2023DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 31/12/2024

2 active · 2 ended

Active mandates

Philippe Bruneel

Director

Active
Sabina Janart

Director

Active

Ended mandates

Philippe Dirk Bruneel

Director

Ended
Philippe Dirk J BRUNEEL

Director

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Restructuring21/05/2024
    ONTSLAGEN - BENOEMINGEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring18/10/2023
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
    PDF
  • Other28/12/2021
    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. 2024
    Annual accounts 202421,9 k €↑
  2. 2023
    Annual accounts 2023-165,7 k €↓
  3. 2022
    Annual accounts 202242,2 k €
  4. 24/12/2021
    IncorporationPrivate limited company