Brugge Plus
ActiveSummary
Brugge Plus has been active since 1998 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.1m and a net result of -€215,187. Equity has been growing by about 8.6% per year since 2018. Its solvency ranks better than 50% of 2,083 sector peers (NACE 73, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 18-12-1998 Normal situation
- Activity
- Advertising agencies NACE 73110and 4 others
- Joint committee
- 329.01 Paritair Subcomité voor de socio-culturele sector van de Vlaamse Gemeenschap · annual accounts 2025
- Establishment units
- 2.154.993.966 8200 Brugge, since 10-07-2006
- 2.243.516.067 8000 Brugge, since 01-07-2015
- Financial year end
- 31 December
- Peppol
- Reachable since 18-03-2026
Board and ownership
- Auditor
- FIGURAD BEDRIJFSREVISOREN
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €3.7m
- ▼ 5.4%
- Turnover
- ≈ €6.3m
- estimated
- Deficit
- €215,187
- ▼ 28.8%
- Equity
- €2.1m
- ▼ 11.4%
- Total assets
- €4.6m
- ▼ 8.2%
- Employees on 31-12-2025
- 46
- ▼ 11.5%
Score breakdownraises riskLoss of €215,187, the second in a row (financial year 2025)lowers riskLegal form: non-profit associationLiquidity: current ratio 2.45, cash €3.6mFounded in 1998Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 73, small). It does better than 49% of them on solvency, 91% on liquidity, 49% on profitability and 17% on growth.
The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 7 accounts on average 55 days before the deadline. In the sector (NACE 73), the median for financial year 2024 was 6 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
Key points
- Caution: Lower net result than 95% of companies in advertising and market researchsector median €16,371 · 2,082 companies -€215,187 View
- Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
- Caution: 2 loss-making years in a rowloss in financial year 2025 -€215,187 View
- Board changedlatest change 23-02-2026 · 13 in office 1 joined · 1 left View
- Flemish supportawarded from 2022 to 2025 €619,317 View
- Positive: Result rose in 2025from -€302,227 to -€215,187 ▲ 28.8% View
Recent changes
- · Gazette deed Resignation: Stefaan Sintobin (director)Appointment: Ignace Lowie (director) · Reappointment: FIGURAD Bedrijfsrevisoren (statutory auditor)
- · Gazette deed Change of role: Mathijs Goderis, from day-to-day manager to directorAppointments: Dirk De fauw, Franky Demon and 10 others · Resignations: Mercedes Van Volcem, Hilde Decleer and 2 others
- · Gazette deed Reappointment: FIGURAD BEDRIJFSREVISOREN BV (statutory auditor)Resignation: An Braem (director) · Appointment: Stefaan Sintobin (director)
Comparable companies
These companies have the same main activity as Brugge Plus: advertising agencies (NACE 73110). They are comparable in size and age: total assets between €2.7m and €6.1m, founded between 1984 and 2007.
| Company | Total assets | Gross margin |
|---|---|---|
| Brugge Plus Brugge | €4.6m | €3.7m |
| QUATRIEME DIMENSION Namur | €4.8m | €3.4m |
| BOA Menen | €4.4m | €4.0m |
| FISHEYE Wetteren | €3.9m | €3.1m |
| INPRESS Laakdal | €6.1m | €3.5m |
| MARKER Roeselare | €5.4m | €2.0m |
| PUBMARKET Hasselt | €2.7m | €3.0m |
Key facts about Brugge Plus
- What is the company number of Brugge Plus?
- The company number of Brugge Plus is 0465.705.908. The VAT number is the same number with BE in front: BE 0465.705.908.
- Where is Brugge Plus based?
- The registered office is at Burg 12, 8000 Brugge.Company details
- What does Brugge Plus do?
- According to the KBO register, the main activity is advertising agencies (NACE 73110).
- What is the legal form of Brugge Plus?
- The legal form of Brugge Plus is Non-profit association (VZW).
- When was Brugge Plus founded?
- Brugge Plus was founded on 18-12-1998.
- Is Brugge Plus still active?
- Yes, Brugge Plus is an active enterprise in the KBO register.
- How many employees does Brugge Plus have?
- Brugge Plus had an average of 41.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does Brugge Plus fall under?
- In its 2025 annual accounts, Brugge Plus states joint committee 329.01 (Paritair Subcomité voor de socio-culturele sector van de Vlaamse Gemeenschap).
- What is the turnover of Brugge Plus?
- The turnover in financial year 2025 is ≈ €6.3m. This figure is estimated from the gross margin of €3.7m and 1,584 comparable companies of the same size. It probably lies between €4.3m and €10.0m. It is a rough estimate.
- Is Brugge Plus profitable?
- In financial year 2025, Brugge Plus made a loss of €215,187.
- Where can I find the annual accounts of Brugge Plus?
- Brugge Plus filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Brugge Plus due?
- Brugge Plus must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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