What does TAG BELGIUM do?

TAG BELGIUM is an advertising agency in Watermaal-Bosvoorde. Public Limited, started on 1 January 1961, 1 establishment.

What is the address of TAG BELGIUM?

The registered office of TAG BELGIUM is located at Vorstlaan 24, 1170 Watermaal-Bosvoorde.

Is TAG BELGIUM still active?

Yes. According to the CBE (30 October 2026) TAG BELGIUM is active, legal situation “Normale toestand”, started on 1 January 1961.

Is TAG BELGIUM registered on Peppol?

Yes, TAG BELGIUM is registered on the Peppol network with ID 0208:0403521582.

What is the enterprise number of TAG BELGIUM?

The enterprise number of TAG BELGIUM is BE0403521582.

When was TAG BELGIUM founded?

TAG BELGIUM was founded on 1 January 1961.

Who are the directors of TAG BELGIUM?

According to the 2024 annual accounts, the directors of TAG BELGIUM are: Patrick Etebom Davies, Christian James Furness, Kevin Thorn.

Is TAG BELGIUM a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 1 January 1961; 5 annual accounts filed, latest fiscal year 2024; 3 directors known from the annual account.

How much profit did TAG BELGIUM make in 2024?

TAG BELGIUM posted a profit after taxes of € 41,836 in financial year 2024.

What is the revenue of TAG BELGIUM?

As a small company, TAG BELGIUM is not required to publish revenue in its annual accounts. In financial year 2024, its added value was € 981,306.

How much does an employee at TAG BELGIUM earn?

The average wage cost per full-time employee at TAG BELGIUM was € 100,700 in 2024: staff costs of € 1.1 million for 10.6 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does TAG BELGIUM have?

According to the 2024 annual accounts, TAG BELGIUM has 10.6 full-time equivalents (FTE).

TAG BELGIUM (Public Limited) - Watermaal-Bosvoorde

Dossier TAG BELGIUM, printed on 30 October 2026 from databakkes.be/en/0403521582/tag-belgium. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Busy address KBO

69 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2024

TAG BELGIUM from Watermaal-Bosvoorde, company number BE0403521582, closed financial year 2024 with a result of € 41,836 after tax. For that financial year TAG BELGIUM recorded a gross margin of € 981,306 and equity of € 3.8 million. Compared with financial year 2023, the result moved from € -286,858 to € 41,836. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 16, 2025.

What it is worth Growing

€ 3.8 million

▲ 1% vs 2023

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 41,836

▲ still € 286,858 loss in 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 240,301

▲ € 222,295 vs 2023

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2024. Retained profit grew to € 164,892.

People and assets in 2024

Full-time equivalents

10.6

▼ 0.4 vs 2023

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 1.1 million

▼ 19% vs 2023

€ 100,700 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Debts at end 2024

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 500,273

▲ 19% vs 2023

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 287,873

▲ 64% vs 2023

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2021	2022	2023	2024	Change 2023 → 2024
Gross margin	€ 1,354,404 Gross margin 2021: € 1,354,404 First fiscal year in the series	€ 1,047,103 Gross margin 2022: € 1,047,103 ▼ 23% vs 2021 (€ 1,354,404) Unfavourable step	€ 910,217 Gross margin 2023: € 910,217 ▼ 13% vs 2022 (€ 1,047,103) Unfavourable step	€ 981,306 Gross margin 2024: € 981,306 ▲ 8% vs 2023 (€ 910,217) Favourable step	▲ 8%
Profit after taxes	€ 401,191 Profit after taxes 2021: € 401,191 First fiscal year in the series	€ -273,790 Profit after taxes 2022: € -273,790 ▼ € 674,980 vs 2021 (€ 401,191) Unfavourable step	€ -286,858 Profit after taxes 2023: € -286,858 ▼ € 13,068 vs 2022 (€ -273,790) Unfavourable step	€ 41,836 Profit after taxes 2024: € 41,836 ▲ € 328,694 vs 2023 (€ -286,858) Favourable step	▲ € 328,694
Equity	€ 4,331,703 Equity 2021: € 4,331,703 First fiscal year in the series	€ 4,057,913 Equity 2022: € 4,057,913 ▼ 6% vs 2021 (€ 4,331,703) Unfavourable step	€ 3,771,055 Equity 2023: € 3,771,055 ▼ 7% vs 2022 (€ 4,057,913) Unfavourable step	€ 3,812,892 Equity 2024: € 3,812,892 ▲ 1% vs 2023 (€ 3,771,055) Favourable step	▲ 1%
Total debts	€ 2,248,561 Total debts 2021: € 2,248,561 First fiscal year in the series	€ 2,771,912 Total debts 2022: € 2,771,912 ▲ 23% vs 2021 (€ 2,248,561) Unfavourable step	€ 1,044,364 Total debts 2023: € 1,044,364 ▼ 62% vs 2022 (€ 2,771,912) Favourable step	€ 1,032,993 Total debts 2024: € 1,032,993 ▼ 1% vs 2023 (€ 1,044,364) Favourable step	▼ 1%
Cash	€ 10,832 Cash 2021: € 10,832 First fiscal year in the series	€ 3,275 Cash 2022: € 3,275 ▼ 70% vs 2021 (€ 10,832) Unfavourable step	€ 18,007 Cash 2023: € 18,007 ▲ € 14,732 vs 2022 (€ 3,275) Favourable step	€ 240,301 Cash 2024: € 240,301 ▲ € 222,295 vs 2023 (€ 18,007) Favourable step	▲ € 222,295
Retained profit	€ 683,703 Retained profit 2021: € 683,703 First fiscal year in the series	€ 409,913 Retained profit 2022: € 409,913 ▼ 40% vs 2021 (€ 683,703) Unfavourable step	€ 123,055 Retained profit 2023: € 123,055 ▼ 70% vs 2022 (€ 409,913) Unfavourable step	€ 164,892 Retained profit 2024: € 164,892 ▲ 34% vs 2023 (€ 123,055) Favourable step	▲ 34%
Bank debt	€ 190,369 Bank debt 2021: € 190,369 First fiscal year in the series	€ 0 Bank debt 2022: € 0 ▼ 100% vs 2021 (€ 190,369) Favourable step	€ 0 Bank debt 2023: € 0 Unchanged (€ 0) Unchanged	€ 0 Bank debt 2024: € 0 Unchanged (€ 0) Unchanged
Balance sheet total	€ 6,582,712 Balance sheet total 2021: € 6,582,712 First fiscal year in the series	€ 6,829,825 Balance sheet total 2022: € 6,829,825 ▲ 4% vs 2021 (€ 6,582,712) Unchanged	€ 4,815,419 Balance sheet total 2023: € 4,815,419 ▼ 29% vs 2022 (€ 6,829,825) Unchanged	€ 4,845,884 Balance sheet total 2024: € 4,845,884 ▲ 1% vs 2023 (€ 4,815,419) Unchanged	▲ 1%
Employees (FTE)	12.8 Employees (FTE) 2021: 12.8 First fiscal year in the series	10.9 Employees (FTE) 2022: 10.9 ▼ 1.9 vs 2021 (12.8) Unchanged	11 Employees (FTE) 2023: 11 ▲ 0.1 vs 2022 (10.9) Unchanged	10.6 Employees (FTE) 2024: 10.6 ▼ 0.4 vs 2023 (11) Unchanged	▼ 0.4

Key figures of TAG BELGIUM, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.

What happened to TAG BELGIUM?

What happened at TAG BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2030 Patrick Etebom Davies stepped down as director. NBB
2030 Christian James Furness stepped down as director. NBB
2030 Kevin Thorn stepped down as director. NBB
Sep 16, 2025 New annual accounts for financial year 2024: profit of € 41,836. filed late Source: NBB ↗
2024 Patrick Etebom Davies became a director. NBB
2024 Christian James Furness became a director. NBB
2024 Kevin Thorn became a director. NBB
Nov 1, 1961 New establishment in Watermaal-Bosvoorde. KBO

In short

From € 401,191 profit in 2021 to € 41,836 profit in 2024.

Paid € 177,124 in corporate taxes since 2021.

Best year ever: 2021, with € 401,191 profit.

On average € 92,600 of value added per employee in 2024.

Original PDFs at the National Bank ↗

Management

Directors

According to the 2024 annual accounts

Patrick Etebom Davies

Director

since 2024 · until 2030

Christian James Furness

Director

since 2024 · until 2030

Kevin Thorn

Director

since 2024 · until 2030

Establishments

Establishment units

Physical locations of this company

Registered office

Vorstlaan 24

1170 Watermaal-Bosvoorde

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 69 companies are registered at this address.

All companies at this address →

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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0403.521.582

VAT number

BE 0403.521.582

Registered office

Vorstlaan 24, 1170 Watermaal-Bosvoorde

Names & denominations

TAG BELGIUM

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

1 January 1961

Peppol

Active · Active since 24 Sept 2025

Activities · NACE

Activiteiten van reclamebureaus

Publiciteitsagentschappen

Activiteiten van adviesbureaus op het gebied van public relations en communicatie

Public relationsbureaus

Adviesbureaus op het gebied van public relations en communicatie

View on CBE Public ↗ Annual accounts (NBB) ↗

TAG BELGIUM

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Financials

What happened to TAG BELGIUM?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions