What does TargetSpot Belgium do?

TargetSpot Belgium is a media agency in Oudergem. Private Limited, started on 16 November 2017, 1 establishment.

What is the address of TargetSpot Belgium?

The registered office of TargetSpot Belgium is located at Herrmann-Debrouxlaan 54, 1160 Oudergem.

Is TargetSpot Belgium still active?

Yes. According to the CBE (31 October 2026) TargetSpot Belgium is active, legal situation “Normale toestand”, started on 16 November 2017.

Is TargetSpot Belgium registered on Peppol?

Yes, TargetSpot Belgium is registered on the Peppol network with ID 0208:0684758038.

What is the enterprise number of TargetSpot Belgium?

The enterprise number of TargetSpot Belgium is BE0684758038.

When was TargetSpot Belgium founded?

TargetSpot Belgium was founded on 16 November 2017.

Who are the directors of TargetSpot Belgium?

According to the 2024 annual accounts, the directors of TargetSpot Belgium are: Radionomy Group BV S. Etr..

Is TargetSpot Belgium a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 16 November 2017; 4 annual accounts filed, latest fiscal year 2024; 1 directors known from the annual account.

How much profit did TargetSpot Belgium make in 2024?

TargetSpot Belgium posted a profit after taxes of € 584,467 in financial year 2024.

What is the revenue of TargetSpot Belgium?

As a small company, TargetSpot Belgium is not required to publish revenue in its annual accounts. In financial year 2024, its added value was € 820,074.

How much does an employee at TargetSpot Belgium earn?

The average wage cost per full-time employee at TargetSpot Belgium was € 95,800 in 2023: staff costs of € 919,386 for 9.6 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

TargetSpot Belgium (Private Limited) - Oudergem

Dossier TargetSpot Belgium, printed on 31 October 2026 from databakkes.be/en/0684758038/targetspot-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.

Negative equity NBB

More debt than assets in 4 of the last 4 fiscal years.
Busy address KBO

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

Financials

Financial year 2024

TargetSpot Belgium from Oudergem, company number BE0684758038, closed financial year 2024 with a result of € 584,467 after tax. For that financial year TargetSpot Belgium recorded a gross margin of € 820,074 and equity of € -4.5 million. Compared with financial year 2023, the result moved from € -696,580 to € 584,467. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on November 27, 2025.

What it is worth Caution

€ -4.5 million

▲ € 584,467 vs 2023

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

Profit Growing

€ 584,467

▲ still € 696,580 loss in 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 18,655

▼ 63% 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 € -4.6 million.

Debts at end 2024

Bank debt

€ 7.6 million

▲ 17% vs 2023

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 3.8 million

▲ 24% vs 2023

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

Taxes and wages

€ 181,384

▼ 70% 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	€ 2,124,213 Gross margin 2021: € 2,124,213 First fiscal year in the series	€ 1,791,949 Gross margin 2022: € 1,791,949 ▼ 16% vs 2021 (€ 2,124,213) Unfavourable step	€ 1,231,727 Gross margin 2023: € 1,231,727 ▼ 31% vs 2022 (€ 1,791,949) Unfavourable step	€ 820,074 Gross margin 2024: € 820,074 ▼ 33% vs 2023 (€ 1,231,727) Unfavourable step	▼ 33%
Profit after taxes	€ -450,469 Profit after taxes 2021: € -450,469 First fiscal year in the series	€ -3,456,494 Profit after taxes 2022: € -3,456,494 ▼ € 3 million vs 2021 (€ -450,469) Unfavourable step	€ -696,580 Profit after taxes 2023: € -696,580 ▲ € 2.8 million vs 2022 (€ -3,456,494) Favourable step	€ 584,467 Profit after taxes 2024: € 584,467 ▲ € 1.3 million vs 2023 (€ -696,580) Favourable step	▲ € 1.3 million
Equity	€ -975,694 Equity 2021: € -975,694 First fiscal year in the series	€ -4,432,188 Equity 2022: € -4,432,188 ▼ € 3.5 million vs 2021 (€ -975,694) Unfavourable step	€ -5,128,768 Equity 2023: € -5,128,768 ▼ € 696,580 vs 2022 (€ -4,432,188) Unfavourable step	€ -4,544,301 Equity 2024: € -4,544,301 ▲ € 584,467 vs 2023 (€ -5,128,768) Favourable step	▲ € 584,467
Total debts	€ 7,655,344 Total debts 2021: € 7,655,344 First fiscal year in the series	€ 10,998,333 Total debts 2022: € 10,998,333 ▲ 44% vs 2021 (€ 7,655,344) Unfavourable step	€ 11,707,444 Total debts 2023: € 11,707,444 ▲ 6% vs 2022 (€ 10,998,333) Unfavourable step	€ 12,526,642 Total debts 2024: € 12,526,642 ▲ 7% vs 2023 (€ 11,707,444) Unfavourable step	▲ 7%
Cash	€ 96,558 Cash 2021: € 96,558 First fiscal year in the series	€ 212,179 Cash 2022: € 212,179 ▲ 120% vs 2021 (€ 96,558) Favourable step	€ 50,881 Cash 2023: € 50,881 ▼ 76% vs 2022 (€ 212,179) Unfavourable step	€ 18,655 Cash 2024: € 18,655 ▼ 63% vs 2023 (€ 50,881) Unfavourable step	▼ 63%
Retained profit	€ -1,010,694 Retained profit 2021: € -1,010,694 First fiscal year in the series	€ -4,467,188 Retained profit 2022: € -4,467,188 ▼ € 3.5 million vs 2021 (€ -1,010,694) Unfavourable step	€ -5,163,768 Retained profit 2023: € -5,163,768 ▼ € 696,580 vs 2022 (€ -4,467,188) Unfavourable step	€ -4,579,301 Retained profit 2024: € -4,579,301 ▲ € 584,467 vs 2023 (€ -5,163,768) Favourable step	▲ € 584,467
Bank debt	€ 0 Bank debt 2021: € 0 First fiscal year in the series	€ 6,181,067 Bank debt 2022: € 6,181,067 Unchanged (€ 0) Unfavourable step	€ 6,479,794 Bank debt 2023: € 6,479,794 ▲ 5% vs 2022 (€ 6,181,067) Unfavourable step	€ 7,557,329 Bank debt 2024: € 7,557,329 ▲ 17% vs 2023 (€ 6,479,794) Unfavourable step	▲ 17%
Balance sheet total	€ 6,679,650 Balance sheet total 2021: € 6,679,650 First fiscal year in the series	€ 6,566,145 Balance sheet total 2022: € 6,566,145 ▼ 2% vs 2021 (€ 6,679,650) Unchanged	€ 6,733,304 Balance sheet total 2023: € 6,733,304 ▲ 3% vs 2022 (€ 6,566,145) Unchanged	€ 8,136,969 Balance sheet total 2024: € 8,136,969 ▲ 21% vs 2023 (€ 6,733,304) Unchanged	▲ 21%
Employees (FTE)	18.3 Employees (FTE) 2021: 18.3 First fiscal year in the series	17.8 Employees (FTE) 2022: 17.8 ▼ 0.5 vs 2021 (18.3) Unchanged	9.6 Employees (FTE) 2023: 9.6 ▼ 8.2 vs 2022 (17.8) Unchanged	-

Key figures of TargetSpot 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 TargetSpot Belgium?

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

Nov 27, 2025 New annual accounts for financial year 2024: profit of € 584,467. filed late Source: NBB ↗
2022 Radionomy Group BV S. Etr. became a director. NBB
Nov 16, 2017 New establishment in Anderlecht. KBO
Nov 16, 2017 Start of the company according to the CBE. KBO

In short

From € 450,469 loss in 2021 to € 584,467 profit in 2024.

Best year ever: 2024, with € 584,467 profit.

On average € 128,300 of value added per employee in 2023.

Original PDFs at the National Bank ↗

Management

Radionomy Group BV S. Etr. 100%

TargetSpot Belgium

Targetspot Espana SL 100%

Targetspot Deutschland GmbH 100%

Behind TargetSpot Belgium is Radionomy Group BV S. Etr.. The shares are held by Radionomy Group BV S. Etr. (100%). It owns 100% of Targetspot Espana SL and 100% of Targetspot Deutschland GmbH itself.

Directors

According to the 2024 annual accounts

Radionomy Group BV S. Etr.

Director · represented by Umut Akpinar

Also active at: Shoutcast, RADIONOMY

since 2022

Shareholders

Radionomy Group BV S. Etr.

100%

Participations

Targetspot Espana SL

100%

Targetspot Deutschland GmbH

100%

Establishments

Establishment units

Physical locations of this company

Registered office

Herrmann-Debrouxlaan 54

1160 Oudergem

2.269.920.556

Internationalelaan 55/BÂT K

1070 Anderlecht

Active since 16 November 2017

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 63 companies are registered at this address.

All companies at this address →

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+58 more

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

Details

Company number

0684.758.038

VAT number

BE 0684.758.038

Registered office

Herrmann-Debrouxlaan 54, 1160 Oudergem

Names & denominations

TargetSpot Belgium

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

16 November 2017

Peppol

Active · Active since 1 Jan 2001

Activities · NACE

Mediarepresentatie

Computerinfrastructuur, gegevensverwerking, hosting en aanverwante activiteiten

Gegevensverwerking, webhosting en aanverwante activiteiten

View on CBE Public ↗ Annual accounts (NBB) ↗

TargetSpot Belgium

Warning lights

Financials

What happened to TargetSpot Belgium?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions