TRANSFER

Active

Public limited companyfounded 201114 yrs activeLange Lozanastraat 270, 2018 Antwerpen, BelgiumKBO/BCE: BE 0841.954.753

Summary

TRANSFER has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €484,657 and a net result of €93,507. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 21% of 712 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Risk analysis Watch Report Compare

TRANSFERActiveChecked score 52/100

Risk analysis Report Compare

Checked score

Score 2025

52 / 100

Fair

Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability56▲+49

Solvency36▲+4

Growth65▼-4

Track record100

Bankruptcy probability, 12 months

0.3% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €25,000 at 30 days acceptable

Liquidity tight (current ratio 1.09 against 1.08 in 2024; short-term debt: 89.3% and cash: 6.8% of total assets), and 89.3% of the assets are financed with debt.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

10.7%

Return on assets

2.1%

Age of the figures

12 mo

Lower-risk legal form

Companies with this legal form statistically fail less often than a BV.

KBO · legal form

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 712 sector peers (2025).

NBB · sector comparison

Position among 712 sector peers

Solvency

better than 21%

← weakest strongest →

Filed after the deadline

The financial year that closed on 27-09-2025 was due by 27-04-2026 and was filed on 30-06-2026, 64 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 10 filings

Deviation from the deadline

2025

64 d late

2024

18 d late

2023

142 d late

2022

284 d late

2021

184 d late

2020

213 d late

2019

671 d late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 225 days after the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (1)

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

History

On 13 December 2011, TRANSFER was incorporated, with a starting capital of EUR 333,333.¹² In 2014 the registered office moved to Antwerpen.³ The capital was increased 2 times between 2024 and 2026, most recently to EUR 334,000.⁴⁵ Of the 2 current board members, Armstrong Deborah has served longest, since 2015.⁶ Revenue went from EUR 14 million in 2019 to EUR 16 million in 2025 and headcount from 17.4 to 18.4 full-time equivalents.⁷

Go further with this company

How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, full schema

Turnover

€16.1m▼ 13.6%

2024 · €18.6m

EBIT margin

1.0%▲ 3.3pp

2024 · -2.3%

Net result

€93,507

2024 · -€604,416

Working capital

€380,814▼ 1.6%

2024 · €386,832

Trend over the years

Chart Table

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before

favourable unfavourable

Line20212022202320242025

Turnover€13.4m▼ 7.5%€16.4m▲ 22.9%€17.1m▲ 4.4%€18.6m▲ 8.4%€16.1m▼ 13.6%

Operating result€45,834▼ 86.4%-€1.6m-€714,434▲ 55.5%-€426,786▲ 40.3%€160,121

Net result-€64,689-€1.7m▼ 2,574%-€847,207▲ 51.0%-€604,416▲ 28.7%€93,507

EBIT margin0.3%▼ 2.0pp-9.8%▼ 10.1pp-4.2%▲ 5.6pp-2.3%▲ 1.9pp1.0%▲ 3.3pp

Equity-€2.4m▼ 2.7%-€4.2m▼ 71.3%-€5.0m▼ 20.4%€391,150€484,657▲ 23.9%

Total assets€3.9m▼ 36.0%€4.2m▲ 7.0%€4.2m▲ 1.2%€5.2m▲ 24.6%€4.5m▼ 13.8%

Debt€6.3m▼ 25.1%€8.3m▲ 31.7%€9.2m▲ 10.8%€4.8m▼ 47.4%€4.0m▼ 16.9%

Working capital€3.4m▼ 2.3%€2.9m▼ 16.1%-€5.0m€386,832€380,814▼ 1.6%

Solvency-62.5%▼ 23.6pp-100.1%▼ 37.6pp-119.0%▼ 19.0pp7.5%▲ 126.5pp10.7%▲ 3.3pp

Staff (FTE)16.7▲ 16.8%19.6▲ 17.4%19.3▼ 1.5%19▼ 1.6%18.4▼ 3.2%

above within below the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings.

Result per fiscal year

Operating resultNet result

The operating result returns to profit in 2025: €160,121 after a loss of €426,786 in 2024, the highest result in the available series.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €4.5m

97.7%

Fixed assets €103,843 ▼ 6.5%

Current assets €4.4m ▼ 14.0%

Equity and liabilities €4.5m

11%

89.3%

Equity €484,657 ▲ 23.9%

Debt €4.0m ▼ 16.9%

Debt's share of the balance-sheet total falls from 92.5% to 89.3%. Equity is higher and debt is lower.

Key figures and ratios

2025 value · change against 2024

EBITDA

€168,086▲

2024 · -€418,175

Cash flow

€101,472▲

2024 · -€595,805

Current ratio

1.09▲

2024 · 1.08

Debt to equity

8.32▼

2024 · 12.39

ROE

19.3%▲

2024 · -154.5%

ROA

2.1%▲

2024 · -11.5%

Interest coverage

906.85▲

2024 · -3.22

Debt ≤ 1 year

€4.0m▼

2024 · €4.7m

Income taxes

€64,475▲

2024 · €45,530

Staff costs

€2.1m▲

2024 · €2.0m

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 4,098 companies that looked in July 2024 the way this one looks now, 0.9% went bankrupt within 24 months and 98% are still going.

Small
10 to 20 years old
solvency 10 to 30%
a profit under 5% of the balance sheet

0.9% went bankrupt

0.9% stopped otherwise

98% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group	Expected	Actual
1	0.2%	0.2%
2	0.3%	0.4%
3	0.5%	0.5%
4	0.6%	0.7%
5	0.8%	0.9%
6	1.2%	1.3%
7	1.5%	1.6%
8	1.7%	1.7%
9	2.7%	2.8%
10	5.3%	5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 4,098 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts

OverviewIncome statement Balance sheet Cash flow

Filed annual accounts As filed with the NBB · 2025 against 2024 · 62 lines

Balance sheet Code20242025

Assets

Total assets20/58€5.2m€4.5m▼

Fixed assets21/28€111,078€103,843▼

Tangible fixed assets22/27€69,698€62,463▼

Plant, machinery and equipment23€69,698€62,463▼

Furniture and vehicles24€0-

Assets under construction and advance payments27€0-

Financial fixed assets28€41,380€41,380=

Other financial fixed assets284/8€41,380€41,380=

Amounts receivable and cash guarantees285/8€41,380€41,380=

Current assets29/58€5.1m€4.4m▼

Stocks and contracts in progress3€0€0=

Amounts receivable within one year40/41€4.2m€4.1m▼

Trade receivables40€3.9m€3.8m▼

Other amounts receivable41€241,181€327,825▲

Cash at bank and in hand54/58€960,454€307,715▼

Equity and liabilities

Total equity and liabilities10/49€5.2m€4.5m▼

Equity10/15€391,150€484,657▲

Contributions10/11€1.8m€1.8m=

Capital10€333,667€333,667=

Issued capital100€333,667€333,667=

Outside capital11€1.5m€1.5m=

Share premium1100/10€1.5m€1.5m=

Profit (loss) carried forward14-€1.5m-€1.4m▲

Amounts payable17/49€4.8m€4.0m▼

Amounts payable within one year42/48€4.7m€4.0m▼

Financial debts43€0-

Other loans439€0-

Trade debts44€4.3m€3.6m▼

Suppliers440/4€4.3m€3.6m▼

Taxes, remuneration and social security45€404,102€457,579▲

Taxes450/3€15,397€625▼

Remuneration and social security454/9€388,706€456,954▲

Accrued charges and deferred income492/3€106,759€0▼

Income statement Code20242025

Operating income70/76A€18.6m€16.1m▼

Turnover70€18.6m€16.1m▼

Non-recurring operating income76A€0-

Operating charges60/66A€19.0m€15.9m▼

Goods for resale, raw materials and consumables60€15.2m€12.5m▼

Purchases600/8€15.2m€12.5m▼

Services and other goods61€1.5m€1.3m▼

Remuneration, social security and pensions62€2.0m€2.1m▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,611€7,965▼

Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€8,364€3,597▼

Other operating charges640/8€246,346€20,245▼

Operating profit (loss)9901-€426,786€160,121▲

Financial income75/76B€75€47▼

Recurring financial income75€75€47▼

Other financial income752/9€75€47▼

Financial charges65/66B€132,174€2,186▼

Recurring financial charges65€132,174€2,186▼

Debt charges650€129,979€185▼

Other financial charges652/9€2,195€2,001▼

Profit (loss) for the period before taxes9903-€558,886€157,982▲

Income taxes67/77€45,530€64,475▲

Taxes670/3€45,530€64,475▲

Profit (loss) for the period9904-€604,416€93,507▲

Profit (loss) for the period to be appropriated9905-€604,416€93,507▲

Appropriation of the result

Profit (loss) to be appropriated9906-€5.9m-€1.4m▲

Profit (loss) brought forward from the previous period14P-€5.3m-€1.5m▲

Transfer from equity791/2€4.5m€0▼

From contributions791€4.5m€0▼

Social balance

Average headcount (FTE)908719.018.4▼

The notes to these accounts (41 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line	2021	2022	2023	2024	2025	Change
Operating income70/76A	€13.4m	€16.4m	€17.3m	€18.6m	€16.1m	▼ 13.6%
Turnover70	€13.4m	€16.4m	€17.1m	€18.6m	€16.1m	▼ 13.6%
Other operating income74	€0	-	-	-	-	-
Non-recurring operating income76A	-	-	€180,625	€0	-	-
Operating charges60/66A	€13.3m	€18.0m	€18.0m	€19.0m	€15.9m	▼ 16.4%
Goods for resale, raw materials and consumables60	€11.1m	€13.9m	€14.4m	€15.2m	€12.5m	▼ 18.2%
Purchases600/8	€11.1m	€13.9m	€14.4m	€15.2m	€12.5m	▼ 18.2%
Services and other goods61	€1.4m	€1.8m	€1.7m	€1.5m	€1.3m	▼ 14.5%
Remuneration, social security and pensions62	€1.4m	€1.9m	€2.0m	€2.0m	€2.1m	▲ 5.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630	€60,296	€49,645	€29,953	€8,611	€7,965	▼ 7.5%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4	-€595,608	€197,687	-€74,997	€8,364	€3,597	▼ 57.0%
Other operating charges640/8	€2,332	€97,362	€12,293	€246,346	€20,245	▼ 91.8%
Non-recurring operating charges66A	€0	-	-	-	-	-
Operating profit (loss)9901	€45,834	-€1.6m	-€714,434	-€426,786	€160,121	▲ 138%
Financial income75/76B	€318	€2,147	€30,762	€75	€47	▼ 36.6%
Recurring financial income75	€318	€2,147	€30,762	€75	€47	▼ 36.6%
Other financial income752/9	€318	€2,147	€30,762	€75	€47	▼ 36.6%
Financial charges65/66B	€107,348	€126,707	€111,546	€132,174	€2,186	▼ 98.3%
Recurring financial charges65	€107,348	€126,707	€111,546	€132,174	€2,186	▼ 98.3%
Debt charges650	€99,212	€105,967	€109,444	€129,979	€185	▼ 99.9%
Other financial charges652/9	€8,136	€20,740	€2,103	€2,195	€2,001	▼ 8.8%
Profit (loss) for the period before taxes9903	-€61,196	-€1.7m	-€795,218	-€558,886	€157,982	▲ 128%
Income taxes67/77	€3,492	€400	€51,988	€45,530	€64,475	▲ 41.6%
Taxes670/3	€3,492	€400	€51,988	€45,530	€64,475	▲ 41.6%
Profit (loss) for the period9904	-€64,689	-€1.7m	-€847,207	-€604,416	€93,507	▲ 115%
Profit (loss) for the period to be appropriated9905	-€64,689	-€1.7m	-€847,207	-€604,416	€93,507	▲ 115%

Line	2021	2022	2023	2024	2025	Change
Assets
Total assets20/58	€3.9m	€4.2m	€4.2m	€5.2m	€4.5m	▼ 13.8%
Fixed assets21/28	€124,055	€75,732	€118,958	€111,078	€103,843	▼ 6.5%
Tangible fixed assets22/27	€80,908	€34,352	€77,578	€69,698	€62,463	▼ 10.4%
Plant, machinery and equipment23	€72,923	€30,423	€36,444	€69,698	€62,463	▼ 10.4%
Furniture and vehicles24	€7,984	€3,929	€1,310	€0	-	-
Assets under construction and advance payments27	-	-	€39,824	€0	-	-
Financial fixed assets28	€43,147	€41,380	€41,380	€41,380	€41,380	=
Other financial fixed assets284/8	€43,147	€41,380	€41,380	€41,380	€41,380	=
Amounts receivable and cash guarantees285/8	€43,147	€41,380	€41,380	€41,380	€41,380	=
Current assets29/58	€3.8m	€4.1m	€4.1m	€5.1m	€4.4m	▼ 14.0%
Stocks and contracts in progress3	€0	-	-	€0	€0	-
Amounts receivable within one year40/41	€2.7m	€2.5m	€3.3m	€4.2m	€4.1m	▼ 1.5%
Trade receivables40	€2.7m	€2.3m	€3.1m	€3.9m	€3.8m	▼ 3.8%
Other amounts receivable41	-	€164,486	€161,652	€241,181	€327,825	▲ 35.9%
Cash at bank and in hand54/58	€1.0m	€1.6m	€800,681	€960,454	€307,715	▼ 68.0%
Deferred charges and accrued income490/1	€750	-	-	-	-	-
Equity and liabilities
Total equity and liabilities10/49	€3.9m	€4.2m	€4.2m	€5.2m	€4.5m	▼ 13.8%
Equity10/15	-€2.4m	-€4.2m	-€5.0m	€391,150	€484,657	▲ 23.9%
Contributions10/11	€333,333	€333,333	€333,333	€1.8m	€1.8m	=
Capital10	€333,333	€333,333	€333,333	€333,667	€333,667	=
Issued capital100	€333,333	€333,333	€333,333	€333,667	€333,667	=
Outside capital11	-	-	-	€1.5m	€1.5m	=
Share premium1100/10	-	-	-	€1.5m	€1.5m	=
Profit (loss) carried forward14	-€2.8m	-€4.5m	-€5.3m	-€1.5m	-€1.4m	▲ 6.4%
Amounts payable17/49	€6.3m	€8.3m	€9.2m	€4.8m	€4.0m	▼ 16.9%
Amounts payable after more than one year17	€2.2m	€2.3m	-	-	-	-
Financial debts170/4	€2.2m	€2.3m	-	-	-	-
Other loans174	€2.2m	€2.3m	-	-	-	-
Amounts payable within one year42/48	€354,854	€1.2m	€9.1m	€4.7m	€4.0m	▼ 15.0%
Financial debts43	-	-	€2.4m	€0	-	-
Other loans439	-	-	€2.4m	€0	-	-
Trade debts44	€1,080	€774,745	€6.0m	€4.3m	€3.6m	▼ 17.6%
Suppliers440/4	€1,080	€774,745	€6.0m	€4.3m	€3.6m	▼ 17.6%
Advances received on contracts in progress46	-	€5,250	-	-	-	-
Taxes, remuneration and social security45	€353,774	€444,093	€663,038	€404,102	€457,579	▲ 13.2%
Taxes450/3	€94,246	€123,847	€174,027	€15,397	€625	▼ 95.9%
Remuneration and social security454/9	€259,528	€320,246	€489,011	€388,706	€456,954	▲ 17.6%
Accrued charges and deferred income492/3	€3.8m	€4.8m	€153,186	€106,759	€0	▼ 100%

Line	2021	2022	2023	2024	2025	Change
Profit (loss) for the period9904	-€64,689	-€1.7m	-€847,207	-€604,416	€93,507	▲ 115%
+ Depreciation and write-downs630	€60,296	€49,645	€29,953	€8,611	€7,965	▼ 7.5%
Operating cash flow (approximation)	-€4,392	-€1.7m	-€817,254	-€595,805	€101,472	▲ 117%
Investment in fixed assets (approximation)	-	-€1,323	-€73,178	-€730	-€730	=
Change in cash	-	€555,554	-€774,335	€159,773	-€652,739	▼ 509%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

All 37Financial 6Gazette 21Filings 10

2026

22-09

State Gazette act Board meeting · Registered-office move

Power of attorney5 facts ▸

Board meeting, 03-09-2026
Registered-office move, Lange Lozanastraat 270-3R, 2018 Antwerpen
Power of attorney, Michaël Heene
Power of attorney, Hélène Carbonnelle
Power of attorney, Jonathan Sztejter

30-06

NBB filing Annual accounts filed

fiscal year 2025 · full schema · 64 days late

19-03

State Gazette act Capital & shares · Statutes amendment

Capital increase · Capital4 facts ▸

General meeting, 12/03/2026
Capital increase, €333,33
Capital, €333.999,99
Statutes amendment

2025

27-09

Financial Back to profitnet €93,507

Net result €93,507 after 4 loss-making years.

16-05

NBB filing Annual accounts filed

fiscal year 2024 · full schema · 18 days late

24-04

State Gazette act Appointment: PwC Bedrijfsrevisoren BV (statutory auditor)

Permanent representative: Kevin Veestraeten · Mandate compensation · Power of attorney4 facts ▸

Auditor appointment, PwC Bedrijfsrevisoren BV (statutory auditor)
Permanent representative, Kevin Veestraeten
Mandate compensation, PwC Bedrijfsrevisoren BV
Power of attorney, Kevin Veestraeten BV

2024

28-09

Financial Liquidity doublescurrent ratio 1.08

Current ratio from 0.45 to 1.08; short-term debt falls from €9.1m to €4.7m.

28-09

Financial Equity above €200,000Eq €391,150

Equity rises from -€5.0m to €391,150.

19-09

NBB filing Annual accounts filed

fiscal year 2023 · full schema · 142 days late

07-05

State Gazette act Permanent representative: Kevin Veestraeten

Reappointments: Marco de Ruiter (director) and Deborah Armstrong (director) · Mandate compensation · Power of attorney7 facts ▸

General meeting, 26-01-2024
Permanent representative, Kevin Veestraeten
Director reappointment, Marco de Ruiter (director)
Director reappointment, Deborah Armstrong (director)
Mandate compensation, Marco de Ruiter
Mandate compensation, Deborah Armstrong
Power of attorney, TRANSFER

18-04

State Gazette act Capital & shares

Capital increase · Reserve release · Statutes amendment5 facts ▸

General meeting, 10-04-2024
Capital increase, €333,33
Reserve release, 4490561.37, aanzuivering van overgedragen verliezen
Statutes amendment
Capital, €333.666,66

09-02

NBB filing Annual accounts filed

fiscal year 2022 · full schema · 284 days late

Show earlier events

2022

02-11

NBB filing Annual accounts filed

fiscal year 2021 · full schema · 184 days late

01-10

Financial Weakest financial yearnet -€1.7m

Net result drops to -€1.7m, the lowest in the series; recovery starts the following year.

2021

02-12

NBB filing Annual accounts filed

fiscal year 2020 · full schema · 213 days late

02-12

NBB filing Annual accounts filed

fiscal year 2019 · full schema · 671 days late

02-10

Financial Liquidity quadruplescurrent ratio 10.59

Current ratio from 2.48 to 10.59; short-term debt falls from €2.3m to €354,854.

20-08

State Gazette act Appointment: PricewaterhouseCoopers Bedrijfsrevisoren BV (statutory auditor)

Permanent representative: Mathy Doumen3 facts ▸

General meeting, 02-07-2021
Auditor appointment, PricewaterhouseCoopers Bedrijfsrevisoren BV (statutory auditor)
Permanent representative, Mathy Doumen

2020

03-10

Financial Back to profitnet €216,279

Net result €216,279 after one loss-making year.

01-07

State Gazette act Statutes amendment

Capital · Power of attorney4 facts ▸

General meeting, 18-06-2020
Statutes amendment
Capital, €333.333,33
Power of attorney, DLA Piper UK LLP

2019

24-12

State Gazette act Resignation: Terry Downing (director)

2 facts ▸

General meeting, 08-11-2019
Director resignation, Terry Downing (director)

24-04

NBB filing Annual accounts filed

fiscal year 2018 · full schema · 83 days late

2018

02-08

State Gazette act Registered office

Registered-office move2 facts ▸

Board meeting, 29-06-2018
Registered-office move, Broederminstraat 9, 2018 Antwerpen

04-06

NBB filing Annual accounts filed

fiscal year 2017 · full schema · 124 days late

04-06

NBB filing Annual accounts filed

fiscal year 2016 · full schema · 489 days late

2017

06-12

State Gazette act Resignations: Birgitta De Smet (director) and Koenraad Deridder (director)

3 facts ▸

General meeting, 03-05-2017
Director resignation, Birgitta De Smet (director)
Director resignation, Koenraad Deridder (director)

01-06

State Gazette act Appointments: Fox Networks Group Netherlands (director) and 24 Kitchen Television (director)

Permanent representative: DE RUITER Marco · Statutes amendment · Capital10 facts ▸

General meeting, 05-05-2017
Statutes amendment
Statutes amendment
Statutes amendment
Statutes amendment
Capital, €333.333,33
Director appointment, Fox Networks Group Netherlands (director)
Director appointment, 24 Kitchen Television (director)
Permanent representative, DE RUITER Marco
Permanent representative, DE RUITER Marco

19-05

State Gazette act Reappointment: Marco de Ruiter (managing director)

Power of attorney4 facts ▸

Board meeting, 05-05-2017
General meeting, 05-05-2017
Director reappointment, Marco de Ruiter (managing director)
Power of attorney, Allen & Overy LLP

18-05

State Gazette act Resignation: Alberto Matassino (director)

Appointment: Terry Downing (director)3 facts ▸

General meeting, 04-05-2017
Director resignation, Alberto Matassino (director)
Director appointment, Terry Downing (director)

2016

24-10

State Gazette act Registered office · Resignations & appointments

Registered-office move2 facts ▸

Board meeting, 29-07-2016
Registered-office move, Korte Lozanastraat 20-26, 2018 Antwerpen

14-04

State Gazette act Resignation: Marcela Katrina Martin (director)

Appointment: Alberto Matassino (director)3 facts ▸

General meeting, 24-03-2016
Director resignation, Marcela Katrina Martin (director)
Director appointment, Alberto Matassino (director)

2015

26-11

State Gazette act Resignation: Adrian Herzkovich (managing director)

Appointment: Marco de Ruiter (director)5 facts ▸

Board meeting, 30-09-2015
Director resignation, Adrian Herzkovich (managing director)
Director appointment, Marco de Ruiter (director)
Director appointment, Marco de Ruiter (managing director)
Director appointment, Marco de Ruiter (chair of the board)

21-10

State Gazette act Resignations: Hernan Santiago Lopez (director) and Adrian Herzkovich (director)

Appointments: Deborah Armstrong (director) and Marco de Ruiter (director)5 facts ▸

General meeting, 30-09-2015
Director resignation, Hernan Santiago Lopez (director)
Director resignation, Adrian Herzkovich (director)
Director appointment, Deborah Armstrong (director)
Director appointment, Marco de Ruiter (director)

2014

08-08

State Gazette act Appointment: Ernst & Young Bedrijfsrevisoren BCVBA (statutory auditor)

2 facts ▸

General meeting, 01-11-2013
Auditor appointment, Ernst & Young Bedrijfsrevisoren BCVBA (statutory auditor)

05-06

State Gazette act Resignation: Raymond Van der Vliet (persoon gemachtigd tot het dagelijks bestuur)

Appointment: Adrian Herzkovich (class A director) · Registered-office move7 facts ▸

Board meeting, 29-04-2014
General meeting, 28-04-2014
Director resignation, Raymond Van der Vliet (persoon gemachtigd tot het dagelijks bestuur)
Director resignation, Raymond Van der Vliet (director)
Director appointment, Adrian Herzkovich (class A director)
Director appointment, Adrian Herzkovich (managing director)
Registered-office move, Uitbreidingstraat 84, 2600 Antwerpen

2012

20-01

State Gazette act Appointment: Raymond Van der Vliet (managing director)

Power of attorney3 facts ▸

Board meeting, 13/12/2011
Director appointment, Raymond Van der Vliet (managing director)
Power of attorney, Allen & Overy LLP

2011

30-12

State Gazette act Incorporation

Appointments: Marcela Katrina Martin, Hernan Santiago Lopez and 3 others · Founding capital · Bank account10 facts ▸

Incorporation, 13/12/2011
Founding capital, €333.333,33
Bank account, 12/12/2011
Director appointment, Marcela Katrina Martin (class A director)
Director appointment, Hernan Santiago Lopez (class A director)
Director appointment, Raymond Van der Vliet (class A director)
Director appointment, Birgitta De Smet (class B director)
Director appointment, Koenraad Deridder (class B director)
Director appointment, Raymond Van der Vliet (managing director)
Mandate compensation, Transfer

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

21 of 21 acts read

Directors · office · real estate

Directors

2 directors, no change since 2024

Board 2

de Ruiter Marco

Chair of the board · since 13-08-2015 · Director · since 13-08-2015

Current

Armstrong Deborah

Director · since 28-07-2015

Current

2 not recently confirmed

Still in office according to the acts, but no act of the last six years confirms the mandate. It has often ended since, in an act we have not read.

24 Kitchen Television

Director · since 05-05-2017 · Legal entity · perm. rep.: DE RUITER Marco

Not recently confirmed

Fox Networks Group Netherlands

Director · since 05-05-2017 · Legal entity · perm. rep.: DE RUITER Marco

Not recently confirmed

Day-to-day management 1

de Ruiter Marco

Managing director · since 13-08-2015

Not recently confirmed

Permanent representatives 1

DE RUITER Marco

Permanent representative · since 05-05-2017 · for 24 Kitchen Television

Not recently confirmed

Statutory auditor 1

BV PwC Bedrijfsrevisoren

Statutory auditor · since 02-07-2021

Current

Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →

Location & real-estate footprint

Registered office, Antwerpen

exact location from the address register On OpenStreetMap

Ground area

2,747 m²

Building footprint

1,415 m²

Volume, LiDAR

27,578 m³

Parcel 11810K1852/00Z000, Flanders · tallest building 27.2 m, ±8 floors. Linked by address, not a title deed.

9 companies at this address See who is registered here

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
11810K1852/00Z000	Flanders	2,747 m²	1 · 1,415 m²	27.2 m · 8 fl.

Linked by address, not proof of ownership

Good to know

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Mandate history

14 people since 2011, 5 in office

All 14 In office 5 Ended 9

Board
Day-to-day management
Statutory auditor
not recently confirmed

Mandates per person, with start and end dates
Name	Functions and periods
Armstrong Deborah	Director, from 28-07-2015 to date
de Ruiter Marco	Chair of the board, from 13-08-2015 not ended, last confirmed 26-11-2015 Director, from 13-08-2015 to date Managing director, from 13-08-2015 not ended, last confirmed 19-05-2017
BV PwC Bedrijfsrevisoren	Statutory auditor, from 02-07-2021 to date
24 Kitchen Television	Director, from 05-05-2017 not ended, last confirmed 01-06-2017
Fox Networks Group Netherlands	Director, from 05-05-2017 not ended, last confirmed 01-06-2017
Ernst & Young Bedrijfsrevisoren BCVBA	Statutory auditor, from 01-11-2013 to 02-07-2021
Terry Downing	Director, from 03-01-2017 to 01-10-2019
Birgitta De Smet	Class B director, from 13-12-2011 to 28-02-2017
Koenraad Deridder	Class B director, from 13-12-2011 to 28-02-2017
Alberto Matassino	Director, from 01-02-2016 to 03-01-2017
Marcela Katrina Martin	Class A director, from 13-12-2011 to 01-02-2016
Adrian Herzkovich	Class A director, from 01-02-2014 to 13-08-2015 Managing director, from 01-02-2014 to 13-08-2015
Hernan Santiago Lopez	Class A director, from 13-12-2011 to 28-07-2015
Raymond Van der Vliet	Class A director, from 13-12-2011 to 01-02-2014 Managing director, from 13-12-2011 to 01-02-2014

Show all 14 people Show the first 12See the board, name and seat on a given date →

Articles of association

Purpose

Het verschaffen van advertentie verkoopsdiensten in België en in het bijzonder het aanbieden van advertentie verkoopsdiensten aan alle door Fox International Channels Netherlands…

Full purpose

Het verschaffen van advertentie verkoopsdiensten in België en in het bijzonder het aanbieden van advertentie verkoopsdiensten aan alle door Fox International Channels Netherlands Holding B.V. uitgezonden en reclamegebaseerde kanalen in België en aan enige andere kanalen uitgezonden in België en uitgebaat door derden. De vennootschap mag, in België en in het buitenland, alle industriële, handels- en financiële verrichtingen verwezenlijken die rechtstreeks of onrechtstreeks haar onderneming kunnen uitbreiden of bevorderen. Zij mag alle roerende en onroerende goederen verwerven zelfs als deze noch rechtstreeks, noch onrechtstreeks verband houden met het voorwerp van de vennootschap. Zij kan leningen toestaan aan alle verbonden vennootschappen, zich borg stellen en zekerheden toestaan, zelfs hypothecair. Zij kan, op welke wijze ook, belangen nemen in alle verenigingen, ondernemingen of vennootschappen die een zelfde, gelijkaardig of verwant voorwerp nastreven of die haar onderneming kunnen bevorderen of de afzet van haar producten of diensten kunnen vergemakkelijken. Zij kan de functies van bestuurder, zaakvoerder, directeur of vereffenaar in andere vennootschappen waarnemen.

according to the deed of 01-07-2020

Structure & network

Owners and holdings

1 owner

Chain of control

Disney Networks Group Netherlands Holding BVNL 100%
TRANSFER

Highest known parent: Disney Networks Group Netherlands Holding BV (Netherlands). The sources do not say who stands above it.

Owners 1

Disney Networks Group Netherlands Holding BVNLparent

Sourceown accounts 30-09-2023

100%

Holdings 0

The accounts to 30-09-2023 list no holdings, and no other source names one.

According to the annual accounts to 30-09-2023 of TRANSFER and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

2 current directors

Depth

The group is listed under Ownership & control below; here you explore it as a network.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, scroll to zoom.

Ownership & control

1 board mandate

Board mandates of this companythis company sits on their board1

Association belge des Medias Audiovisuels - Belgische Audiovisuele Media Vereniging

Capital and shareholders

Capital over the years

19-03-2026 Capital increase of 333.33 EUR · to 333,999.99 EUR · 1 new share
18-04-2024 Capital increase of 333.33 EUR · to 333,666.66 EUR · 1 new share
01-07-2020 Capital stated in 2 acts · 333,333.33 EUR · 1,000 shares
30-12-2011 Incorporation · 333,333.33 EUR · 1,000 shares

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SPACE

BE 0431.666.727

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Of 808 companies in sector 73120 we hold annual accounts for 281. 190 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification

Legal formPublic limited company

Founded13-12-2011

Fiscal year end27-09

Activities, NACEBEL 2025

73120Media representation

E-invoicing

Reachable via Peppol

Peppol ID 0208:0841954753

Scores and ratios are computed by Checked and are not a credit decision.