ACTIVE

FURBO

Financial year 2025 · closed on 31/12/2025
Net result
142,3 k €
+113.8% YoY
Gross margin
2,5 M €
+17.6% YoY
Equity
1,1 M €
+14.2% YoY
Workforce
21,4 ETP
+4.9% YoY

What does FURBO do?

FURBO is a Private limited company incorporated in 2009. Its main activity is: Other education n.e.c.. Its registered office is in Aartselaar. It employs on average 21,4 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0810.829.928
Incorporation
31/03/2009
Legal form
Private limited company
Registered office
Boomsesteenweg 81/83
2630 Aartselaar · FlandreSee on map
Contributed capital
118 550,00 €
Latest accounts
31/12/2025
Average workforce
21,4 ETP
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 16 financial years

2025202420232022202120202019201820172016201520142013201220112010
Income statement
Gross margin2,5 M €2,1 M €2,3 M €2,1 M €1,6 M €1,1 M €1,2 M €1 M €1 M €719,2 k €567,4 k €471,8 k €406,6 k €-2,4 k €3,6 k €26,3 k €
EBITDA737,3 k €600 k €788,9 k €888,2 k €481 k €260,7 k €83 k €95,9 k €198,9 k €144,9 k €86,2 k €51,9 k €45,7 k €-4,6 k €2,2 k €25,6 k €
Operating result423,6 k €203,9 k €560,4 k €681 k €354,7 k €151,7 k €-51,6 k €-13 k €108,9 k €64,6 k €18,3 k €17 k €28,2 k €-5,9 k €-147,3 €20,6 k €
Net result142,3 k €66,6 k €362,3 k €456,7 k €250,7 k €100 k €-84 k €-40,3 k €45 k €20,8 k €-7 k €-6,3 k €5,1 k €-7,6 k €-1,9 k €13,9 k €
Balance sheet
Equity1,1 M €1 M €1,2 M €791,6 k €406,8 k €156,1 k €56,1 k €40,1 k €80,5 k €35,5 k €14,7 k €9,4 k €15,7 k €10,6 k €18,2 k €20,1 k €
Total assets6 M €6,9 M €3,6 M €3,4 M €2,3 M €1,8 M €1,7 M €1 M €851,3 k €820,2 k €650,3 k €320,5 k €252,2 k €19,6 k €24,6 k €82,6 k €
Cash648,1 k €282,6 k €508,9 k €268,1 k €434,5 k €225,7 k €175,1 k €172,3 k €88,5 k €75,6 k €58,3 k €8,4 k €4,4 k €1,4 k €8 k €54 k €
Debts4,8 M €5,5 M €2,4 M €2,5 M €1,9 M €1,6 M €1,5 M €998,3 k €701,5 k €771,5 k €622,5 k €301,2 k €236,5 k €8,6 k €5,8 k €62,2 k €
Other
Workforce21,4 ETP20,4 ETP21,3 ETP19,0 ETP16,9 ETP17,2 ETP18,5 ETP15,9 ETP14,0 ETP11,0 ETP9,0 ETP8,0 ETP7,3 ETP
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 31/12/2025 · 4 active · 5 ended

Active mandates

Benny Van Crombrugge

Director · since 28 novembre 2025

Active
Jimmy Eriksson

Director · since 28 novembre 2025

Active
ELLEN PENSAERT

Director · until 28 novembre 2025

Active
RONALD FRANCK

Director · until 28 novembre 2025

Active

Ended mandates

AN FLEURACKERS

Manager

Ended
ELLEN PENSAERT

Director

Ended
ELLEN PENSAERT

Manager

Ended
RONALD FRANCK

Director

Ended
At this address

Other companies at this address

CompanyCBE no.
0680.715.415
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date25/08/202602/07/202529/08/202431/08/202301/07/202231/08/2021
General meeting04/05/202605/05/202506/05/202402/05/202302/05/202203/05/2021
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

16 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202504/05/202625/08/2026DutchPDF
Abridged model31/12/202405/05/202502/07/2025DutchPDF
Abridged model31/12/202306/05/202429/08/2024DutchPDF
Abridged model31/12/202202/05/202331/08/2023DutchPDF
Abridged model31/12/202102/05/202201/07/2022DutchPDF
Abridged model31/12/202003/05/202131/08/2021DutchPDF
Abridged model31/12/201904/05/202002/10/2020DutchPDF
Abridged model31/12/201806/05/201918/09/2019DutchPDF
Abridged model31/12/201707/05/201821/08/2018DutchPDF
Abridged model31/12/201602/05/201719/07/2017DutchPDF
Abridged model31/12/201502/05/201615/07/2016DutchPDF
Abridged model31/12/201404/05/201530/06/2015DutchPDF
Abridged model31/12/201305/05/201406/06/2014DutchPDF
Abridged model31/12/201206/05/201311/06/2013DutchPDF
Abridged model31/12/201107/05/201219/06/2012DutchPDF
Abridged model31/12/201002/05/201120/07/2011DutchPDF
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 31/12/2025 · 4 active · 5 ended

Active mandates

Benny Van Crombrugge

Director · since 28 novembre 2025

Active
Jimmy Eriksson

Director · since 28 novembre 2025

Active
ELLEN PENSAERT

Director · until 28 novembre 2025

Active
RONALD FRANCK

Director · until 28 novembre 2025

Active

Ended mandates

AN FLEURACKERS

Manager

Ended
ELLEN PENSAERT

Director

Ended
ELLEN PENSAERT

Manager

Ended
RONALD FRANCK

Director

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates11/06/2026
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/01/2026
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other19/05/2020
    BENAMING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN
    PDF
  • Mandates30/12/2019
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office27/11/2015
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates04/03/2013
    BENAMING - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/10/2011
    ONTSLAGEN - BENOEMINGEN - MAATSCHAPPELIJKE ZETEL
    PDF
  • Other12/01/2010
    BOEKJAAR
    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 2025142,3 k €
  2. 2024
    Annual accounts 202466,6 k €
  3. 2023
    Annual accounts 2023362,3 k €
  4. 2022
    Annual accounts 2022456,7 k €
  5. 2021
    Annual accounts 2021250,7 k €
  6. 2020
    Annual accounts 2020100 k €
  7. 2019
    Annual accounts 2019-84 k €
  8. 2019
    Name changeFURBO
  9. 2018
    Annual accounts 2018-40,3 k €
  10. 2017
    Annual accounts 201745 k €
  11. 2016
    Annual accounts 201620,8 k €
  12. 2015
    Annual accounts 2015-7 k €
  13. 2014
    Annual accounts 2014-6,3 k €
  14. 2013
    Annual accounts 20135,1 k €
  15. 2012
    Annual accounts 2012-7,6 k €
  16. 2012
    Name changeFURBO Training & Consulting
  17. 2011
    Annual accounts 2011-1,9 k €
  18. 2010
    Annual accounts 201013,9 k €
  19. 2010
    Name changeROAN
  20. 31/03/2009
    IncorporationPrivate limited company