Adventure Specialists
0859.878.670 · rovalta.com · 25/09/2026
ACTIVE
Adventure Specialists
Financial year 2025 · Closed on 31/12/2025
Net result462,3 k €+53,6 %over 1 year
Gross margin535,7 k €-17,3 %over 1 year
Equity671 k €+221,6 %over 1 year
Workforce7,1 ETP-7,8 %over 1 year
Overview
Identity
Source · BCE/KBOAdventure Specialists is a Private company with limited liability incorporated in 2003. Its main activity is: Information service activities. Its registered office is in Gent. It employs on average 7,1 ETP workers (FTE).
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0859.878.670
- Incorporation
- 31/07/2003
- Legal form
- Private company with limited liability
- Registered office
- Koningin Elisabethlaan 45
9000 Gent · FlandreSee on map - Contributed capital
- 7 450 000,00 €
- Latest accounts
- 31/12/2025
- Average workforce
- 7,1 ETP
Activities (NACE)
Joint committees (3)
- 100
- 200
- 218
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Financials
Source · NBB, 20 filingsTrend over 20 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Gross margin | 535,7 k € | -17.3% | 648,1 k € | +10.2% | 588,2 k € | +222% | 182,4 k € | +178% | -235 k € |
| EBITDA | 89,1 k € | -39.3% | 146,8 k € | -34.8% | 225,3 k € | +405% | -73,7 k € | +76.5% | -314 k € |
| Operating result | 84,3 k € | -40.8% | 142,4 k € | -35.6% | 221 k € | +382% | -78,3 k € | +76.5% | -333,4 k € |
| Net result | 462,3 k € | +53.6% | 300,9 k € | -37.5% | 481,8 k € | +617% | -93,2 k € | +72.8% | -342,4 k € |
| Balance sheet | |||||||||
| Equity | 671 k € | +222% | 208,7 k € | +326% | -92,2 k € | +83.9% | -574 k € | -19.4% | -480,8 k € |
| Total assets | 2 M € | +18.1% | 1,7 M € | +53.3% | 1,1 M € | +194% | 381,7 k € | +46.8% | 260 k € |
| Cash | 1,6 M € | +49.6% | 1,1 M € | +42.8% | 768,1 k € | +407% | 151,5 k € | -2.3% | 155,1 k € |
| Debts | 1,3 M € | -11.7% | 1,4 M € | +30.4% | 1,1 M € | +29.1% | 860,7 k € | +16.2% | 740,9 k € |
| Other | |||||||||
| Workforce | 7,1 ETP | -7.8% | 7,7 ETP | +4.1% | 7,4 ETP | +42.3% | 5,2 ETP | +33.3% | 3,9 ETP |
Valuation
Indicative valuation
As an indication, this company is worth
between 1 M€ and 2,5 M€
See the valuationBoard of directors
Source · NBB, accounts to 31/12/20253 active · 13 ended
Active mandates
Amber London
ActiveLotte Vandenboom
ActivePeter Brovall
ActiveEnded mandates
Peter Browall
EndedCaspar Vrijhoef
EndedCaspar Vrijhoef
EndedJ.G. De Wilde
EndedOther companies at this address
Koningin Elisabethlaan 45 9000 Gent| Company | CBE no. |
|---|---|
Activist Academy● Active | 0794.800.974 |
Enter Digital● Active | 0801.456.362 |
| 0800.981.854 | |
Golden Share Foundation● Active | 1028.873.060 |
Relatieacademie vzw● Active | 1008.874.927 |
Steward-owned● Active | 1014.981.571 |
Strategies and Leaders● Active | 0739.737.836 |
TCTW Group● Active | 1030.658.256 |
Financials
Full financial information
Source · NBB| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 15/07/2026 | 22/07/2025 | 16/07/2024 | 19/07/2023 | 20/07/2022 | 15/02/2022 |
| General meeting | 30/06/2026 | 27/06/2025 | 28/06/2024 | 27/06/2023 | 30/06/2022 | 21/01/2022 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Financial ratios
Source · NBBLooking for more information about this company?
Try for 7 daysAnnual accounts filings
Source · NBB, 20 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 30/06/2026 | 15/07/2026 | Dutch | |
| Abridged model | 31/12/2024 | 27/06/2025 | 22/07/2025 | Dutch | |
| Abridged model | 31/12/2023 | 28/06/2024 | 16/07/2024 | Dutch | |
| Abridged model | 31/12/2022 | 27/06/2023 | 19/07/2023 | Dutch | |
| Abridged model | 31/12/2021 | 30/06/2022 | 20/07/2022 | Dutch | |
| Abridged model | 31/12/2020 | 21/01/2022 | 15/02/2022 | Dutch | |
| Full model | 31/12/2019 | 08/09/2020 | 07/10/2020 | Dutch | |
| Full model | 31/12/2018 | 03/06/2019 | 25/06/2019 | Dutch | |
| Full model | 31/12/2017 | 04/06/2018 | 22/06/2018 | Dutch | |
| Full model | 31/12/2016 | 28/06/2017 | 19/07/2017 | Dutch | |
| Full model | 31/12/2015 | 06/06/2016 | 16/08/2016 | Dutch | |
| Full model | 31/12/2014 | 01/06/2015 | 26/08/2015 | Dutch | |
| Full model | 31/12/2013 | 02/06/2014 | 29/08/2014 | Dutch | |
| Full model | 31/12/2012 | 27/06/2013 | 23/08/2013 | Dutch | |
| Full model | 31/12/2011 | 24/08/2012 | 14/09/2012 | Dutch | |
| Full model | 31/12/2010 | 30/06/2011 | 03/08/2011 | Dutch | |
| Abridged model | 31/12/2009 | 07/06/2010 | 28/06/2010 | Dutch | |
| Abridged model | 31/12/2008 | 10/04/2009 | 06/05/2009 | Dutch | |
| Abridged model | 31/12/2007 | 02/06/2008 | 12/06/2008 | Dutch | |
| Abridged model | 31/12/2006 | 04/06/2007 | 31/07/2007 | Dutch |
Valuation
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 1 M€ and 2,5 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Board of directors
Source · NBB, accounts to 31/12/20253 active · 13 ended
Active mandates
Amber London
ActiveLotte Vandenboom
ActivePeter Brovall
ActiveEnded mandates
Peter Browall
EndedCaspar Vrijhoef
EndedCaspar Vrijhoef
EndedJ.G. De Wilde
EndedOwnership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Mandates04/03/2026ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
- Mandates07/07/2023ONTSLAGEN - BENOEMINGEN
- Mandates06/12/2022ONTSLAGEN - BENOEMINGEN
- Mandates17/01/2022ONTSLAGEN - BENOEMINGEN
- Mandates15/09/2020ONTSLAGEN - BENOEMINGEN
- Mandates23/04/2019ONTSLAGEN - BENOEMINGEN
- Other30/12/2016BENAMING
- Mandates24/09/2015ONTSLAGEN - BENOEMINGEN
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025462,3 k €↑
- 2024Annual accounts 2024300,9 k €↓
- 2023Annual accounts 2023481,8 k €↑
- 2022Annual accounts 2022-93,2 k €↑
- 2021Annual accounts 2021-342,4 k €↑
- 2020Annual accounts 2020-1,2 M €↓
- 2019Annual accounts 2019191,1 k €↑
- 2018Annual accounts 201888,2 k €↓
- 2017Annual accounts 2017190,7 k €↑
- 2016Annual accounts 2016-39,3 k €↓
- 2016Name changeAdventure Specialists
- 2015Annual accounts 2015424,9 k €↑
- 2014Annual accounts 2014100,6 k €↓
- 2013Annual accounts 20139,3 M €↑
- 2012Annual accounts 2012-9,1 M €↓
- 2011Annual accounts 2011-3,6 M €↓
- 2010Annual accounts 2010-36,3 k €↑
- 2009Annual accounts 2009-698,5 k €↑
- 2008Annual accounts 2008-1,1 M €↓
- 2007Annual accounts 2007-1,1 M €↓
- 2006Annual accounts 2006-932,1 k €
- 2006Name changeKuoni Travel Belgium
- 31/07/2003IncorporationPrivate company with limited liability