ACTIVE

Ads & Data

Financial year 2025 · closed on 31/12/2025
Net result
-294,7 k €
-6.8% YoY
Revenue
27,8 M €
+3.0% YoY
Equity
1,1 M €
-20.5% YoY
Workforce
125,6 ETP
-1.1% YoY

What does Ads & Data do?

Ads & Data is a Public limited company incorporated in 2009. Its main activity is: Media representation. Its registered office is in Vilvoorde. It employs on average 125,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0809.309.701
Incorporation
22/01/2009
Legal form
Public limited company
Registered office
Harensesteenweg 226
1800 Vilvoorde · FlandreSee on map
Contributed capital
829 194,68 €
Latest accounts
31/12/2025
Average workforce
125,6 ETP
Joint committees (2)
  • 200
  • 218
Signals
Positive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 16 financial years

2025202420232022202120192018201720162015201420132012201120102009
Income statement
Revenue27,8 M €27,0 M €12,5 M €15,4 M €18,0 M €10,4 M €10,7 M €8,9 M €11,2 M €11,7 M €10,9 M €10,0 M €9,0 M €9,1 M €7,3 M €4,8 M €
EBITDA338,5 k €578,6 k €734,6 k €1,2 M €1,4 M €-698,2 k €81,2 k €-193,0 k €328,8 k €148,9 k €156,6 k €340,1 k €172,0 k €-25,4 k €-559,9 k €-892,1 k €
Operating result-182,0 k €127,9 k €337,3 k €623,2 k €1,2 M €-1,2 M €-381,6 k €-644,1 k €-104,6 k €-217,5 k €110,3 k €354,5 k €119,4 k €-90,9 k €-596,2 k €-994,6 k €
Net result-294,7 k €-276,0 k €32,9 k €391,0 k €1,0 M €-1,2 M €-397,2 k €-662,0 k €-147,2 k €-180,0 k €51,6 k €350,9 k €115,9 k €-99,5 k €-593,4 k €-1,0 M €
Balance sheet
Equity1,1 M €1,4 M €1,7 M €2,2 M €1,8 M €-1,0 M €188,1 k €585,3 k €727,3 k €874,5 k €1,1 M €1,0 M €652,0 k €536,1 k €635,6 k €779,0 k €
Total assets58,7 M €58,6 M €59,9 M €54,5 M €65,5 M €3,6 M €3,9 M €4,8 M €5,4 M €6,5 M €5,7 M €5,0 M €3,7 M €4,4 M €3,8 M €2,8 M €
Cash9,3 M €14,2 M €10,9 M €10,7 M €13,0 M €612,4 k €411,9 k €684,5 k €833,1 k €604,1 k €1,9 M €1,3 M €774,7 k €915,7 k €1,2 M €647,8 k €
Debts55,4 M €54,1 M €56,3 M €50,5 M €62,2 M €4,5 M €3,6 M €4,1 M €4,5 M €5,5 M €4,5 M €3,8 M €2,9 M €3,8 M €3,0 M €1,9 M €
Other
Workforce125,6 ETP127,0 ETP142,2 ETP153,9 ETP125,3 ETP21,4 ETP19,9 ETP18,8 ETP17,2 ETP14,8 ETP14,3 ETP14,5 ETP15,3 ETP16,8 ETP15,3 ETP10,2 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 46 ended

Active mandates

Jeroen Bronselaer

Director · since 15 mai 2025 · until 15 mai 2031

Active
Kenny Henderyckx

Director · since 15 mai 2025 · until 15 mai 2031

Active
Ben Jan Vandermeulen

Director · since 01 avril 2021 · until 20 mai 2027

Active
EIFERMAN

Director · since 01 avril 2021 · until 20 mai 2027 · 0695.847.910

Represented by Koen Albert Verwee

Active
ZUMACO

Director · since 01 avril 2021 · until 20 mai 2027 · 0834.988.470

Represented by Kristiaan Ivo De Beukelaer

Active

Ended mandates

Kenny Henderyckx

Director · since 04 juillet 2023 · until 15 mai 2025

Ended
Jeroen Bronselaer

Director · since 01 avril 2021 · until 15 mai 2025

Ended
Jeroen Bronselaer

Director · since 01 novembre 2020 · until 15 mai 2025

Ended
Christophe Van Wichelen

Director · since 23 mai 2020 · until 15 mai 2025

Ended
At this address

Other companies at this address

CompanyCBE no.
1000.699.312
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull 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 date12/06/202623/05/202504/04/202504/04/202503/06/202211/05/2021
General meeting21/05/202615/05/202516/05/202431/05/202319/05/202201/04/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

21 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202521/05/202612/06/2026DutchPDF
Full model31/12/202415/05/202523/05/2025DutchPDF
Full modelCorrection31/12/202316/05/202404/04/2025DutchPDF
Full model31/12/202316/05/202427/05/2024DutchPDF
Full modelCorrection31/12/202231/05/202304/04/2025DutchPDF
Full model31/12/202231/05/202306/06/2023DutchPDF
Full model31/12/202119/05/202203/06/2022DutchPDF
Full model31/12/202001/04/202111/05/2021DutchPDF
Full modelCorrection31/12/201922/05/202012/08/2020DutchPDF
Full model31/12/201922/05/202002/06/2020DutchPDF
Full model31/12/201816/05/201914/06/2019DutchPDF
Full model31/12/201717/05/201815/06/2018DutchPDF
Full model31/12/201618/05/201715/06/2017DutchPDF
Full model31/12/201519/05/201621/06/2016DutchPDF
Full model31/12/201421/05/201518/06/2015DutchPDF
Full model31/12/201315/05/201413/06/2014DutchPDF
Full model31/12/201216/05/201313/06/2013DutchPDF
Full modelCorrection31/12/201119/06/201215/03/2013DutchPDF
Full model31/12/201119/06/201226/06/2012DutchPDF
Full model31/12/201019/05/201114/06/2011DutchPDF
Full model31/12/200920/05/201018/06/2010DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 · 5 active · 46 ended

Active mandates

Jeroen Bronselaer

Director · since 15 mai 2025 · until 15 mai 2031

Active
Kenny Henderyckx

Director · since 15 mai 2025 · until 15 mai 2031

Active
Ben Jan Vandermeulen

Director · since 01 avril 2021 · until 20 mai 2027

Active
EIFERMAN

Director · since 01 avril 2021 · until 20 mai 2027 · 0695.847.910

Represented by Koen Albert Verwee

Active
ZUMACO

Director · since 01 avril 2021 · until 20 mai 2027 · 0834.988.470

Represented by Kristiaan Ivo De Beukelaer

Active

Ended mandates

Kenny Henderyckx

Director · since 04 juillet 2023 · until 15 mai 2025

Ended
Jeroen Bronselaer

Director · since 01 avril 2021 · until 15 mai 2025

Ended
Jeroen Bronselaer

Director · since 01 novembre 2020 · until 15 mai 2025

Ended
Christophe Van Wichelen

Director · since 23 mai 2020 · until 15 mai 2025

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates04/06/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/03/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/12/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/10/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/06/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/02/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/07/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/03/2024
    ONTSLAGEN - BENOEMINGEN
    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. 21/05/2026
    nominationLIMACS — bestuurder
  2. 21/05/2026
    nominationMaison 42 — bestuurder
  3. 21/05/2026
    nominationDanny Lelie — vaste vertegenwoordiger van de rechtspersoon LIMACS
  4. 21/05/2026
    nominationKenny Henderyckx — vaste vertegenwoordiger van de rechtspersoon Maison 42
  5. 2025
    Annual accounts 2025-294,7 k €
  6. 16/10/2025
    nominationSteven Van Campenhout — vaste vertegenwoordiger commissaris
  7. 02/09/2025
    nominationValérie Morfitis — Chief Executive Officer
  8. 15/05/2025
    reconductionJeroen Bronselaer — Bestuurder
  9. 15/05/2025
    reconductionKenny Henderyckx — Bestuurder
  10. 01/01/2025
    nominationJeroen Bronselaer — uitvoerend bestuurder
  11. 2024
    Annual accounts 2024-276,0 k €
  12. 16/05/2024
    reconductionKPMG Bedrijfsrevisoren BV — Commissaris
  13. 2023
    Annual accounts 202332,9 k €
  14. 04/07/2023
    nominationKenny Henderyckx — Telenet bestuurder
  15. 2022
    Annual accounts 2022391,0 k €
  16. 2021
    Annual accounts 20211,0 M €
  17. 2020
    Name changeAds & Data
  18. 2019
    Annual accounts 2019-1,2 M €
  19. 2018
    Annual accounts 2018-397,2 k €
  20. 2017
    Annual accounts 2017-662,0 k €
  21. 2016
    Annual accounts 2016-147,2 k €
  22. 2015
    Annual accounts 2015-180,0 k €
  23. 2014
    Annual accounts 201451,6 k €
  24. 2013
    Annual accounts 2013350,9 k €
  25. 2012
    Annual accounts 2012115,9 k €
  26. 2011
    Annual accounts 2011-99,5 k €
  27. 2010
    Annual accounts 2010-593,4 k €
  28. 2009
    Annual accounts 2009-1,0 M €
  29. 22/01/2009
    IncorporationPublic limited company
  30. 2009
    Name changePebble Media