ACTIVE

Growing pAI

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Financial year 2025 · closed on 31/12/2025
Net result
371,1 k €
+139.2% YoY
Gross margin
366,5 k €
+104.3% YoY
Equity
376 k €
+194.9% YoY

What does Growing pAI do?

Growing pAI is a Private limited company incorporated in 2023. Its main activity is: Computer consultancy activities. Its registered office is in Gent.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 1000.950.225
Incorporation
09/10/2023
Legal form
Private limited company
Registered office
Spellewerkstraat 97
9030 Gent · FlandreSee on map
Contributed capital
20 000,00 €
Latest accounts
31/12/2025
Activities (NACE)
62020Computer consultancy activities· main62200Computer programming, consultancy and related activities70200Management consultancy activities62090Other information technology and computer service activities62900Computer programming, consultancy and related activities63920Other information service activities+5
Contacts
2 public details availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 3 financial years

202520242023
Income statement
Gross margin366,5 k €179,4 k €46,7 k €
EBITDA365,5 k €179 k €46,7 k €
Operating result365,5 k €179 k €46,7 k €
Net result371,1 k €155,2 k €32,8 k €
Balance sheet
Equity376 k €127,5 k €52,8 k €
Total assets944 k €398,8 k €158,9 k €
Cash162,4 k €66,5 k €157,7 k €
Debts568 k €271,3 k €104,5 k €
Other
Workforce––0,0 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 31/12/2025 · 2 active · 3 ended

Active mandates

INVESTIGATE

Director · 0647.862.703

Represented by Stijn De Rammelaere

Active
IT's Vulsteke

Director · 0753.719.197

Represented by Axel Vulsteke

Active

Ended mandates

INVESTIGATE

Director · 0647.862.703

Represented by Stijn DE RAMMELAERE

Ended
IT's Vulsteke

Director · 0753.719.197

Represented by Axel VUYLSTEKE

Ended
IT's Vulsteke

Director · 0753.719.197

Represented by Axel Vulsteke

Ended
At this address

Other companies at this address

CompanyCBE no.
IT's Vulsteke● Active
0753.719.197
Studio Oliv● Active
1029.649.357
Annual accounts

Full financial information

202520242023
Type of accountMicro modelMicro modelAbridged model
Start of the financial year01/01/202501/01/202409/10/2023
Closing of the financial year31/12/202531/12/202431/12/2023
Length of the financial year12 months12 months3 months
Filing date12/03/202629/08/202531/07/2024
General meeting11/03/202629/08/202530/06/2024
Currency of the financial yearEUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

3 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202511/03/202612/03/2026DutchPDF
Micro model31/12/202429/08/202529/08/2025DutchPDF
Abridged model31/12/202330/06/202431/07/2024DutchPDF
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 31/12/2025 · 2 active · 3 ended

Active mandates

INVESTIGATE

Director · 0647.862.703

Represented by Stijn De Rammelaere

Active
IT's Vulsteke

Director · 0753.719.197

Represented by Axel Vulsteke

Active

Ended mandates

INVESTIGATE

Director · 0647.862.703

Represented by Stijn DE RAMMELAERE

Ended
IT's Vulsteke

Director · 0753.719.197

Represented by Axel VUYLSTEKE

Ended
IT's Vulsteke

Director · 0753.719.197

Represented by Axel Vulsteke

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office23/02/2026
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other11/10/2023
    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 2025371,1 k €↑
  2. 2024
    Annual accounts 2024155,2 k €↑
  3. 2023
    Annual accounts 202332,8 k €
  4. 09/10/2023
    IncorporationPrivate limited company