ACTIVE

bottarga

Export PDF

Financial year 2025 · closed on 30/09/2025

Net result

121,9 k €

-38.8% YoY

Gross margin

894,9 k €

-8.7% YoY

Equity

964,7 k €

+4.9% YoY

Workforce

15,1 ETP

+15.3% YoY

What does bottarga do?

bottarga is a Private limited company incorporated in 2003. Its registered office is in Oostende. It employs on average 15,1 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0862.435.908

Incorporation

30/12/2003

Legal form

Private limited company

Registered office

Albert I-Promenade 64
8400 Oostende · FlandreSee on map

Contributed capital

20 000,00 €

Latest accounts

30/09/2025

Average workforce

15,1 ETP

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	894,9 k €	-8.7%	979,8 k €	+5.3%	930,4 k €	+5.8%	879,6 k €	+56.5%	562,1 k €	+17.3%	479,2 k €	-26.4%	651,2 k €	-1.6%	661,7 k €	+18.7%	557,6 k €	-0.5%	560,6 k €	+39.1%	403 k €	-6.0%	428,7 k €	+16.1%	369,4 k €	+2.8%	359,4 k €	-15.0%	422,7 k €	+2.4%	412,6 k €	+9.1%	378,3 k €	+6.9%	353,9 k €	-2.8%	364 k €	+3.2%	352,7 k €
EBITDA	332,7 k €	-8.1%	362 k €	+7.7%	336 k €	+3.6%	324,4 k €	+7.0%	303,1 k €	+120%	137,6 k €	-32.3%	203,2 k €	-0.1%	203,5 k €	+56.4%	130,1 k €	-16.7%	156,2 k €	+100%	78,1 k €	+2.4%	76,2 k €	+14.8%	66,4 k €	+39.8%	47,5 k €	-49.1%	93,4 k €	+42.6%	65,5 k €	-18.4%	80,2 k €	+14.4%	70,1 k €	-11.7%	79,4 k €	-5.9%	84,4 k €
Operating result	191,3 k €	-34.7%	293,1 k €	+13.2%	258,8 k €	+3.0%	251,2 k €	+3.2%	243,4 k €	+535%	38,3 k €	-68.1%	120,4 k €	-24.0%	158,3 k €	+81.7%	87,1 k €	-29.1%	123 k €	+102%	60,9 k €	+15.5%	52,7 k €	+25.9%	41,9 k €	+83.8%	22,8 k €	-65.1%	65,2 k €	+91.5%	34,1 k €	+189%	11,8 k €	+101%	5,9 k €	-54.2%	12,8 k €	-47.8%	24,5 k €
Net result	121,9 k €	-38.8%	199,1 k €	+13.8%	175 k €	+0.1%	174,8 k €	-2.0%	178,4 k €	+709%	22 k €	-71.4%	77 k €	-14.6%	90,1 k €	+95.8%	46 k €	-36.9%	73 k €	+82.5%	40 k €	+4.6%	38,2 k €	+30.6%	29,3 k €	+1532%	1,8 k €	-96.2%	47,3 k €	+84.5%	25,6 k €	+275%	6,8 k €	+450%	-1,9 k €	-206%	1,8 k €	-86.2%	13,3 k €
Balance sheet
Equity	964,7 k €	+4.9%	919,8 k €	-1.1%	929,9 k €	+23.2%	754,9 k €	+30.1%	580,1 k €	+44.4%	401,7 k €	+5.8%	379,7 k €	+25.4%	302,7 k €	+42.4%	212,6 k €	+27.7%	166,5 k €	+78.0%	93,6 k €	-39.1%	153,6 k €	+13.5%	135,3 k €	+27.6%	106,1 k €	+1.7%	104,3 k €	+39.1%	75 k €	+0.9%	74,3 k €	-19.6%	92,5 k €	-2.1%	94,5 k €	+2.0%	92,6 k €
Total assets	1,5 M €	+27.6%	1,2 M €	-20.2%	1,5 M €	+7.9%	1,4 M €	+15.8%	1,2 M €	+14.9%	1 M €	+56.8%	664,7 k €	+26.9%	523,6 k €	+17.7%	444,8 k €	+6.9%	415,9 k €	+49.2%	278,8 k €	+1.3%	275,2 k €	+5.5%	260,9 k €	+4.4%	250 k €	-19.2%	309,5 k €	+0.8%	307,1 k €	+1.6%	302,1 k €	-17.4%	365,7 k €	-5.7%	387,7 k €	-9.3%	427,5 k €
Cash	499,5 k €	-21.4%	635,2 k €	+133%	272,8 k €	-23.6%	357,2 k €	+19.3%	299,6 k €	+60.0%	187,2 k €	+11.0%	168,6 k €	-25.9%	227,7 k €	+34.7%	169 k €	+11.4%	151,7 k €	+8.6%	139,6 k €	+7.3%	130,1 k €	+44.5%	90 k €	+26.5%	71,2 k €	-26.7%	97,1 k €	+15.9%	83,8 k €	+6.2%	78,9 k €	+6.3%	74,3 k €	-11.6%	84 k €	+74.4%	48,2 k €
Debts	554,9 k €	+105%	270,3 k €	-52.1%	564,4 k €	-10.1%	627,6 k €	+1.7%	617 k €	-3.7%	640,4 k €	+126%	282,9 k €	+28.1%	220,9 k €	-4.9%	232,3 k €	-6.9%	249,4 k €	+34.6%	185,3 k €	+83.3%	101,1 k €	-3.8%	105 k €	-14.9%	123,4 k €	-33.1%	184,5 k €	-20.4%	231,9 k €	+1.8%	227,8 k €	-16.6%	273,2 k €	-6.6%	292,4 k €	-12.4%	333,9 k €
Other
Workforce	15,1 ETP	+15.3%	13,1 ETP	-3.0%	13,5 ETP	+12.5%	12,0 ETP	+15.4%	10,4 ETP	+5.1%	9,9 ETP	-10.8%	11,1 ETP	-2.6%	11,4 ETP	+3.6%	11,0 ETP	+1.9%	10,8 ETP	+24.1%	8,7 ETP	-24.3%	11,5 ETP	+11.7%	10,3 ETP	+8.4%	9,5 ETP	+5.6%	9,0 ETP	-6.2%	9,6 ETP	0.0%	9,6 ETP	+1.1%	9,5 ETP	-9.5%	10,5 ETP	-0.9%	10,6 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active · 2 ended

Active mandates

Gerald Piers

Director · since 16 décembre 2003

Active

Ended mandates

Gerald Piers

Director

Ended

Gerald Piers

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
Altavera Partners● Active	1036.798.554
DOKTER DEBOEVER GUIDO● Active	0826.763.365
Jacques M.H. Kloppert● Active	0808.351.874
PfiserConsulting● Active	0798.526.566
RESIDENTIE OCEAN I GARAGES VME● Active	0851.899.134
RESIDENTIE OCEAN I LOT: C VME● Active	0851.898.936
RESIDENTIE OCEAN I LOT: DE VME● Active	0851.899.035
V.M.E. RESIDENTIE OCEAN I VME● Active	0851.271.901

Annual accounts

Full financial information

	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	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	24/03/2026	05/03/2025	11/03/2024	13/03/2023	17/03/2022	29/03/2021
General meeting	07/03/2026	01/03/2025	02/03/2024	04/03/2023	05/03/2022	06/03/2021
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

Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/09/2025	07/03/2026	24/03/2026	Dutch	PDF
Abridged model	30/09/2024	01/03/2025	05/03/2025	Dutch	PDF
Abridged model	30/09/2023	02/03/2024	11/03/2024	Dutch	PDF
Abridged model	30/09/2022	04/03/2023	13/03/2023	Dutch	PDF
Abridged model	30/09/2021	05/03/2022	17/03/2022	Dutch	PDF
Abridged model	30/09/2020	06/03/2021	29/03/2021	Dutch	PDF
Abridged model	30/09/2019	07/03/2020	13/03/2020	Dutch	PDF
Abridged model	30/09/2018	02/03/2019	22/03/2019	Dutch	PDF
Abridged model	30/09/2017	03/03/2018	07/03/2018	Dutch	PDF
Abridged model	30/09/2016	04/03/2017	10/03/2017	Dutch	PDF
Abridged model	30/09/2015	05/03/2016	15/03/2016	Dutch	PDF
Abridged model	30/09/2014	07/03/2015	13/03/2015	Dutch	PDF
Abridged model	30/09/2013	01/03/2014	07/03/2014	Dutch	PDF
Abridged model	30/09/2012	02/03/2013	08/03/2013	Dutch	PDF
Abridged model	30/09/2011	03/03/2012	19/03/2012	Dutch	PDF
Abridged model	30/09/2010	05/03/2011	11/03/2011	Dutch	PDF
Abridged model	30/09/2009	06/03/2010	12/03/2010	Dutch	PDF
Abridged model	30/09/2008	07/03/2009	03/04/2009	Dutch	PDF
Abridged model	30/09/2007	28/03/2008	24/04/2008	Dutch	PDF
Abridged model	30/09/2006	30/03/2007	25/04/2007	Dutch	PDF

Estimate

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.

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 30/09/2025 · 1 active · 2 ended

Active mandates

Gerald Piers

Director · since 16 décembre 2003

Active

Ended mandates

Gerald Piers

Director

Ended

Gerald Piers

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates09/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN
PDF
Other09/11/2018
DOEL
PDF
Capital / shares10/10/2014
KAPITAAL - AANDELEN
PDF
Capital / shares14/05/2004
KAPITAAL - AANDELEN
PDF
Other12/01/2004
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

2025
Annual accounts 2025121,9 k €↓
2024
Annual accounts 2024199,1 k €↑
2023
Annual accounts 2023175 k €↑
2022
Annual accounts 2022174,8 k €↓
2021
Annual accounts 2021178,4 k €↑
2020
Annual accounts 202022 k €↓
2019
Annual accounts 201977 k €↓
2018
Annual accounts 201890,1 k €↑
2017
Annual accounts 201746 k €↓
2016
Annual accounts 201673 k €↑
2015
Annual accounts 201540 k €↑
2014
Annual accounts 201438,2 k €↑
2013
Annual accounts 201329,3 k €↑
2012
Annual accounts 20121,8 k €↓
2011
Annual accounts 201147,3 k €↑
2010
Annual accounts 201025,6 k €↑
2009
Annual accounts 20096,8 k €↑
2008
Annual accounts 2008-1,9 k €↓
2007
Annual accounts 20071,8 k €↓
2006
Annual accounts 200613,3 k €
30/12/2003
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

bottarga

Overview

What does bottarga do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline