ACTIVE

SHOWPAD

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Financial year 2025 · closed on 31/01/2025
Net result
10,3 M €
+1055.2% YoY
Revenue
39,8 M €
+3.6% YoY
Equity
105,6 M €
+17.0% YoY
Workforce
114,7 ETP
-20.8% YoY

What does SHOWPAD do?

SHOWPAD is a Public limited company incorporated in 2011. Its main activity is: Computer programming activities. Its registered office is in Gent. It employs on average 114,7 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0836.159.992
Incorporation
10/05/2011
Legal form
Public limited company
Registered office
Moutstraat 62
9000 Gent · FlandreSee on map
Contributed capital
140 663 271,67 €
Latest accounts
31/01/2025
Average workforce
114,7 ETP
Activities (NACE)
62010Computer programming activities· main62100Computer programming, consultancy and related activities62020Computer consultancy activities62090Other information technology and computer service activities62200Computer programming, consultancy and related activities62900Computer programming, consultancy and related activities
Joint committees (1)
  • 200
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 14 financial years

20252024202320222021202020192018201620152014201320122011
Income statement
Revenue39,8 M €38,5 M €37,1 M €33,1 M €29,7 M €25,3 M €16,9 M €11,7 M €6,7 M €–––––
EBITDA8,8 M €3 M €-3,2 M €-997,1 k €4,5 M €-11,2 M €-8,4 M €-8,5 M €-6,5 M €-2,7 M €-2,1 M €-661,9 k €44,7 k €-34,7 k €
Operating result799 k €-7,4 M €-14 M €-8,8 M €-3,3 M €-17,7 M €-10,9 M €-10 M €-7,3 M €-3,1 M €-2,5 M €-815,1 k €-15,4 k €-48,1 k €
Net result10,3 M €-1,1 M €-4,5 M €4,7 M €-6,9 M €-11,6 M €-5,4 M €-12,1 M €-6,4 M €1,5 M €-2,7 M €-833,5 k €-17,8 k €-48,3 k €
Balance sheet
Equity105,6 M €90,2 M €91 M €95,1 M €89,3 M €96,1 M €64,9 M €37,5 M €29,4 M €5,6 M €4,1 M €698,6 k €-47,5 k €-29,7 k €
Total assets139 M €120,1 M €120,4 M €135,5 M €129 M €120,3 M €86,3 M €52,3 M €37,3 M €12,4 M €8,4 M €2,2 M €584,4 k €108,9 k €
Cash3,3 M €3,9 M €2,4 M €2,6 M €7,8 M €11,3 M €3,4 M €18,7 M €14,7 M €885 k €1,9 M €113,5 k €25,9 k €19,8 k €
Debts8,4 M €8,6 M €8,2 M €20,9 M €21,5 M €7,1 M €7,5 M €6,4 M €2 M €3,1 M €937,3 k €343 k €316,2 k €75,5 k €
Other
Workforce114,7 ETP144,8 ETP167,4 ETP175,2 ETP150,3 ETP148,4 ETP124,5 ETP108,0 ETP86,5 ETP42,7 ETP17,1 ETP10,4 ETP1,7 ETP–
Estimate

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/01/2025 · 6 active · 21 ended

Active mandates

Norman Fiore

Director · since 21 mai 2025 · until 15 juin 2028

Active
Teddie Wardi

Director · since 21 mai 2025 · until 15 juin 2028

Active
3SMS

Director · since 01 août 2024 · until 31 juillet 2027 · 0502.655.780

Represented by Pieterjan Bouten

Active
Barend Van Den Brande

Director · since 01 août 2024 · until 31 juillet 2027

Active
Ninnip

Director · since 01 février 2024 · until 31 janvier 2027 · 0502.825.729

Represented by Louis Jonckheere

Active
SGS Consulting

Persoon belast met dagelijks bestuur · since 01 mars 2022 · 0694.737.556

Represented by Hendrik Isebaert

Active

Ended mandates

Schiltz LLC

Director · since 30 novembre 2020 · until 30 novembre 2022

Represented by Matthew Schiltz

Ended
3SMS

Director · since 13 juin 2019 · until 31 juillet 2024 · 0502.655.780

Represented by Pieterjan Bouten

Ended
Barend Van Den Brande

Director · since 13 juin 2019 · until 31 juillet 2024

Ended
Teddie Wardie

Director · since 13 juin 2019 · until 13 juin 2025

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelConsolidated accountsFull model
Start of the financial year01/02/202401/02/202301/02/202201/02/202101/02/202001/02/2019
Closing of the financial year31/01/202531/01/202431/01/202331/01/202231/01/202131/01/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date24/06/202503/07/202406/07/202308/07/202207/07/202207/07/2020
General meeting12/06/202513/06/202408/06/202309/06/202231/01/202211/06/2020
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

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/01/202512/06/202524/06/2025DutchPDF
Consolidated accounts31/01/202512/06/202523/06/2025DutchPDF
Full model31/01/202413/06/202403/07/2024DutchPDF
Consolidated accounts31/01/202413/06/202403/07/2024DutchPDF
Full model31/01/202308/06/202306/07/2023DutchPDF
Consolidated accounts31/01/202308/06/202306/07/2023DutchPDF
Full model31/01/202209/06/202208/07/2022DutchPDF
Consolidated accounts31/01/202209/06/202207/07/2022DutchPDF
Full model31/01/202110/06/202107/07/2021DutchPDF
Consolidated accounts31/01/202131/01/202207/07/2022DutchPDF
Full model31/01/202011/06/202007/07/2020DutchPDF
Full model31/01/201913/06/201909/07/2019DutchPDF
Full model31/01/201814/06/201830/08/2018DutchPDF
Full modelCorrection31/12/201611/05/201709/07/2019DutchPDF
Full model31/12/201611/05/201720/02/2018DutchPDF
Abridged model31/12/201517/06/201607/07/2016DutchPDF
Abridged model31/12/201418/05/201530/07/2015DutchPDF
Abridged model31/12/201311/06/201410/07/2014DutchPDF
Abridged model31/12/201209/05/201316/05/2013DutchPDF
Abridged model31/12/201131/03/201203/04/2012DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 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 31/01/2025 · 6 active · 21 ended

Active mandates

Norman Fiore

Director · since 21 mai 2025 · until 15 juin 2028

Active
Teddie Wardi

Director · since 21 mai 2025 · until 15 juin 2028

Active
3SMS

Director · since 01 août 2024 · until 31 juillet 2027 · 0502.655.780

Represented by Pieterjan Bouten

Active
Barend Van Den Brande

Director · since 01 août 2024 · until 31 juillet 2027

Active
Ninnip

Director · since 01 février 2024 · until 31 janvier 2027 · 0502.825.729

Represented by Louis Jonckheere

Active
SGS Consulting

Persoon belast met dagelijks bestuur · since 01 mars 2022 · 0694.737.556

Represented by Hendrik Isebaert

Active

Ended mandates

Schiltz LLC

Director · since 30 novembre 2020 · until 30 novembre 2022

Represented by Matthew Schiltz

Ended
3SMS

Director · since 13 juin 2019 · until 31 juillet 2024 · 0502.655.780

Represented by Pieterjan Bouten

Ended
Barend Van Den Brande

Director · since 13 juin 2019 · until 31 juillet 2024

Ended
Teddie Wardie

Director · since 13 juin 2019 · until 13 juin 2025

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates05/05/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares05/12/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN - BOEKJAAR
    PDF
  • Mandates18/11/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares01/09/2025
    KAPITAAL - AANDELEN
    PDF
  • Mandates29/07/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/03/2025
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - DIVERSEN
    PDF
  • Capital / shares17/09/2024
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Capital / shares16/09/2024
    KAPITAAL - AANDELEN - DIVERSEN
    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. 31/01/2026
    nominationApratim Purakayastha — gedelegeerd bestuurder belast met het dagelijks bestuur
  2. 31/01/2026
    nominationAngadraj Singh Sidhu — Bestuurder
  3. 20/10/2025
    nominationRob Amen — bestuurder
  4. 20/10/2025
    nominationKevin Collins — bestuurder
  5. 20/10/2025
    nominationAdam Hirsch — bestuurder
  6. 22/07/2025
    augmentation_capital
  7. 12/06/2025
    reconductionErnst en Young Bedrijfsrevisoren BV — commissaris
  8. 21/05/2025
    nominationNorman Fiore — bestuurder
  9. 21/05/2025
    reconductionTeddie Wardi — bestuurder
  10. 2025
    Annual accounts 202510,3 M €↑
  11. 15/11/2024
    augmentation_capital
  12. 01/08/2024
    reconductionPieterjan Bouten — bestuurder
  13. 01/08/2024
    reconductionBarend Van den Brande — bestuurder
  14. 31/07/2024
    augmentation_capital
  15. 03/07/2024
    augmentation_capital
  16. 01/02/2024
    reconductionLouis Jonckheere — bestuurder
  17. 2024
    Annual accounts 2024-1,1 M €↑
  18. 14/09/2023
    augmentation_capital
  19. 12/07/2023
    augmentation_capital
  20. 15/05/2023
    augmentation_capital
  21. 15/04/2023
    augmentation_capital
  22. 2023
    Annual accounts 2023-4,5 M €↓
  23. 15/12/2022
    augmentation_capital
  24. 18/07/2022
    augmentation_capital
  25. 09/06/2022
    reconductionErnst & Young Bedrijfsrevisoren CVBA — commissaris
  26. 26/03/2022
    reconductionNorman Fiore
  27. 01/03/2022
    nominationSGSC BV — persoon belast met het dagelijks bestuur / Chief Executive Officer
  28. 01/03/2022
    nomination3SMS BV — voorzitter van de raad van bestuur
  29. 2022
    Annual accounts 20224,7 M €↑
  30. 2021
    Annual accounts 2021-6,9 M €↑
  31. 30/11/2020
    demissionSchiltz LLC — onafhankelijke niet-uitvoerende bestuurder
  32. 2020
    Annual accounts 2020-11,6 M €↓
  33. 2019
    Annual accounts 2019-5,4 M €↑
  34. 2018
    Annual accounts 2018-12,1 M €↓
  35. 2016
    Annual accounts 2016-6,4 M €↓
  36. 2015
    Annual accounts 20151,5 M €↑
  37. 2014
    Annual accounts 2014-2,7 M €↓
  38. 2013
    Annual accounts 2013-833,5 k €↓
  39. 2012
    Annual accounts 2012-17,8 k €↑
  40. 2011
    Annual accounts 2011-48,3 k €
  41. 10/05/2011
    IncorporationPublic limited company