ACTIVE

Follo Belgium

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Financial year 2025 · closed on 31/12/2025
Net result
4 k €
-91.9% YoY
Gross margin
244,9 k €
+5.3% YoY
Equity
6,6 k €
+148.2% YoY
Workforce
3,3 ETP

What does Follo Belgium do?

Follo Belgium is a Private limited company incorporated in 2022. Its main activity is: Advertising agencies. Its registered office is in Gent. It employs on average 3,3 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0795.537.184
Incorporation
29/12/2022
Legal form
Private limited company
Registered office
Nieuwewandeling 62
9000 Gent · FlandreSee on map
Contributed capital
55 000,00 €
Latest accounts
31/12/2025
Average workforce
3,3 ETP
Activities (NACE)
73110Advertising agencies· main73110Advertising agencies63100Data processing, hosting and related activities; web portals63110Data processing, hosting and related activities
Joint committees (1)
  • 20000
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 3 financial years

202520242023
Income statement
Gross margin244,9 k €232,5 k €7,5 k €
EBITDA6,3 k €56,2 k €-98,5 k €
Operating result4,9 k €55,7 k €-98,5 k €
Net result4 k €48,8 k €-101,1 k €
Balance sheet
Equity6,6 k €2,7 k €-46,1 k €
Total assets121,5 k €229,3 k €72,9 k €
Cash36,5 k €106,3 k €7,5 k €
Debts103,8 k €226,6 k €119 k €
Other
Workforce3,3 ETP–1,8 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 1 ended

Active mandates

MVH Media

Director

Represented by Mark van Hattum

Active

Ended mandates

MVH Media B.V.

Director · since 29 décembre 2022 · 0794.165.229

Represented by Mark van Hattum

Ended
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Annual accounts

Full financial information

202520242023
Type of accountAbridged modelMicro modelAbridged model
Start of the financial year01/01/202501/01/202429/12/2022
Closing of the financial year31/12/202531/12/202431/12/2023
Length of the financial year12 months12 months13 months
Filing date01/06/202602/06/202504/06/2024
General meeting29/05/202630/05/202531/05/2024
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
Abridged model31/12/202529/05/202601/06/2026DutchPDF
Micro model31/12/202430/05/202502/06/2025DutchPDF
Abridged model31/12/202331/05/202404/06/2024DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 · 1 active · 1 ended

Active mandates

MVH Media

Director

Represented by Mark van Hattum

Active

Ended mandates

MVH Media B.V.

Director · since 29 décembre 2022 · 0794.165.229

Represented by Mark van Hattum

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates03/04/2026
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other28/07/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING
    PDF
  • Other02/01/2023
    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 20254 k €↓
  2. 2025
    Name changeFollo Belgium
  3. 2024
    Annual accounts 202448,8 k €↑
  4. 2023
    Annual accounts 2023-101,1 k €
  5. 2023
    Name changeMVH Media
  6. 29/12/2022
    IncorporationPrivate limited company