ACTIVE

HighGround

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Financial year 2025 · closed on 31/12/2025
Net result
5,7 k €
+18.1% YoY
Gross margin
522,4 k €
-31.8% YoY
Equity
32,5 k €
+21.4% YoY
Workforce
6,3 ETP
-35.1% YoY

What does HighGround do?

HighGround is a Private limited company incorporated in 2009. Its main activity is: Computer programming activities. Its registered office is in Kapellen. It employs on average 6,3 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0810.683.438
Incorporation
25/03/2009
Legal form
Private limited company
Registered office
Stationsstraat 48
2950 Kapellen · FlandreSee on map
Contributed capital
6 200,00 €
Latest accounts
31/12/2025
Average workforce
6,3 ETP
Activities (NACE)
62010Computer programming activities· main62020Computer consultancy activities62100Computer programming, consultancy and related activities62200Computer programming, consultancy and related activities
Joint committees (1)
  • 200
Contacts
3 public details availableLog in to view
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20252024202320222021202020192018201720162015201420132012201120102009
Income statement
Gross margin522,4 k €765,9 k €573,9 k €516,8 k €403,5 k €381,7 k €184,9 k €142,6 k €90 k €61,3 k €13,1 k €24,2 k €25,9 k €2,1 k €-11,8 k €39,8 k €10,7 k €
EBITDA66,3 k €49,6 k €28,2 k €32,6 k €945,7 €22 k €-22 k €50,8 k €33,6 k €47,2 k €8,5 k €23,2 k €24,9 k €1,3 k €-12,4 k €39,4 k €9,8 k €
Operating result27,7 k €31 k €22,9 k €24,7 k €-3,4 k €23,5 k €-25,1 k €49 k €29,1 k €38,4 k €293,2 €13,4 k €17,4 k €-6,7 k €-21,2 k €30,8 k €2,8 k €
Net result5,7 k €4,8 k €1,4 k €5,2 k €-15,1 k €7,6 k €-31,8 k €30,8 k €13,9 k €6,6 k €-4 k €10,2 k €13,3 k €-9,5 k €-24,3 k €20,9 k €467,8 €
Balance sheet
Equity32,5 k €26,8 k €22 k €20,5 k €15,3 k €30,4 k €22,8 k €54,6 k €23,8 k €9,9 k €13,3 k €17,3 k €7,1 k €-6,2 k €3,4 k €27,6 k €6,7 k €
Total assets547,5 k €596,4 k €533,7 k €489,1 k €288,6 k €318,5 k €256,2 k €183,9 k €142 k €109,5 k €136,7 k €156 k €49,5 k €48,5 k €54,2 k €65,2 k €51,1 k €
Cash39,9 k €179,1 k €228,5 k €226 k €30,9 k €36,1 k €66 k €37,8 k €831 €6,4 k €666,2 €14,6 k €875 €150 €–9,4 k €12 k €
Debts329,9 k €362,2 k €289,6 k €327,7 k €273,3 k €288,1 k €233,4 k €129,3 k €118,2 k €99,6 k €123,4 k €138,7 k €42,4 k €54,7 k €50,4 k €37,6 k €44,4 k €
Other
Workforce6,3 ETP9,7 ETP––––––––0,1 ETP––––––
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

EXOVICE

Director · since 18 janvier 2022 · 0780.565.631

Represented by Boden Kristof

Active

Ended mandates

Kristof Boden

Director

Ended
KRISTOF BODEN

Manager

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelMicro modelMicro modelMicro modelMicro 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 date25/02/202625/04/202529/04/202409/06/202321/06/202214/06/2021
General meeting18/02/202622/04/202522/04/202407/06/202301/06/202202/06/2021
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

17 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202518/02/202625/02/2026DutchPDF
Abridged model31/12/202422/04/202525/04/2025DutchPDF
Micro model31/12/202322/04/202429/04/2024DutchPDF
Micro model31/12/202207/06/202309/06/2023DutchPDF
Micro model31/12/202101/06/202221/06/2022DutchPDF
Micro model31/12/202002/06/202114/06/2021DutchPDF
Micro model31/12/201903/06/202022/07/2020DutchPDF
Micro model31/12/201805/06/201907/08/2019DutchPDF
Micro model31/12/201706/06/201804/07/2018DutchPDF
Micro model31/12/201607/06/201721/06/2017DutchPDF
Abridged model31/12/201501/06/201618/07/2016DutchPDF
Abridged model31/12/201403/06/201502/07/2015DutchPDF
Abridged model31/12/201304/06/201416/06/2014DutchPDF
Abridged model31/12/201205/06/201317/07/2013DutchPDF
Abridged model31/12/201106/06/201226/07/2012DutchPDF
Abridged model31/12/201001/06/201112/07/2011DutchPDF
Abridged model31/12/200902/06/201012/08/2010DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 31/12/2025 · 1 active · 2 ended

Active mandates

EXOVICE

Director · since 18 janvier 2022 · 0780.565.631

Represented by Boden Kristof

Active

Ended mandates

Kristof Boden

Director

Ended
KRISTOF BODEN

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other14/04/2025
    BENAMING
    PDF
  • Registered office22/12/2023
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates30/05/2023
    WIJZIGING RECHTSVORM - BENAMING - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/03/2022
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
    PDF
  • Registered office21/06/2011
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other02/04/2009
    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 20255,7 k €↑
  2. 2024
    Annual accounts 20244,8 k €↑
  3. 2024
    Name changeHighGround
  4. 2023
    Annual accounts 20231,4 k €↓
  5. 2022
    Annual accounts 20225,2 k €↑
  6. 2021
    Annual accounts 2021-15,1 k €↓
  7. 2021
    Name changeCogetix
  8. 2020
    Annual accounts 20207,6 k €↑
  9. 2019
    Annual accounts 2019-31,8 k €↓
  10. 2018
    Annual accounts 201830,8 k €↑
  11. 2017
    Annual accounts 201713,9 k €↑
  12. 2016
    Annual accounts 20166,6 k €↑
  13. 2015
    Annual accounts 2015-4 k €↓
  14. 2014
    Annual accounts 201410,2 k €↓
  15. 2013
    Annual accounts 201313,3 k €↑
  16. 2012
    Annual accounts 2012-9,5 k €↑
  17. 2011
    Annual accounts 2011-24,3 k €↓
  18. 2010
    Annual accounts 201020,9 k €↑
  19. 2009
    Annual accounts 2009467,8 €
  20. 25/03/2009
    IncorporationPrivate limited company