ACTIVE

UNDER BELLY

Financial year 2024 · closed on 31/12/2024
Net result
21,9 k €
+113.2% YoY
Gross margin
35,2 k €
+2.7% YoY
Equity
-99,6 k €
+18.0% YoY

What does UNDER BELLY do?

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
Health score
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✦ Verdict · Analyst summary
Financials

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 €
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 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
Annual accounts

Full financial information

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
Ratios

Financial ratios

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Filings

Annual accounts filings

3 filings with the NBB

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
Estimate

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.

Governance

Board of directors

Seen on filing of 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
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • 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

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 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