Financials
Financial year 2025
GOOGLE BELGIUM from Brussel, company number BE0878065378, closed financial year 2025 with a result of € 12.4 million after tax. For that financial year GOOGLE BELGIUM recorded revenue of € 95.8 million and equity of € 77.8 million. Compared with financial year 2024, the result moved from € 13 million to € 12.4 million. The company is profitable. 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 June 10, 2026.
€ 77.8 million
▲ 19% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 12.4 million
▼ 5% vs 2024
Profit after tax over the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 77 million.
People and assets in 2025
143.6
▲ 1.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 62.6 million
▲ 4% vs 2024
€ 436,200 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.
€ 118,859
▲ € 104,444 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 4.3 million
▲ 4% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 97 days on average.
€ 22.2 million
▲ 40% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 77,386,505 | € 94,095,721 | € 92,512,761 | € 95,789,805 | ▲ 4% |
| Profit after taxes | € 9,532,020 | € 12,471,274 | € 12,985,558 | € 12,374,735 | ▼ 5% |
| Equity | € 39,970,352 | € 52,441,626 | € 65,427,185 | € 77,801,920 | ▲ 19% |
| Total debts | € 25,140,477 | € 26,222,379 | € 20,149,852 | € 26,847,454 | ▲ 33% |
| Retained profit | € 39,200,352 | € 51,671,626 | € 64,657,185 | € 77,031,920 | ▲ 19% |
| Balance sheet total | € 65,110,829 | € 78,664,005 | € 85,577,037 | € 104,649,374 | ▲ 22% |
| Employees (FTE) | 130 | 147 | 142 | 143.6 | ▲ 1.6 |
Key figures of GOOGLE BELGIUM, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to GOOGLE BELGIUM?
What happened at GOOGLE BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Frank Fagan stepped down as director. NBB
- Svilen I. Karaivanov stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 12.4 million (▼ 5% vs 2024). Source: NBB ↗
- Gabor Turschl stepped down as director. NBB
- Michael Tangney stepped down as director. NBB
- Frank Fagan became a director. NBB
- Susanna McNiff stepped down as director. NBB
- Michael Tangney became a director. NBB
In short
From € 9.5 million profit in 2022 to € 12.4 million profit in 2025.
Paid € 16.8 million in corporate taxes since 2022.
Best year ever: 2024, with € 13 million profit.
Pays suppliers within 97 days on average.
A new publication or filing at GOOGLE BELGIUM? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2025 annual accounts
Svilen I. Karaivanov
Director
since 2018 · until 2030
Susanna McNiff
Director
since 2021 · until 2025
Michael Tangney
Director
since 2022 · until 2025
Gabor Turschl
Director
since 2021 · until 2026
Frank Fagan
Director
since 2025 · until 2031
Establishments
Establishment units
Physical locations of this company
Steenweg op Etterbeek 180
1040 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Domain
Domain
about.google
Registered
2018-08-06
Registrar
MarkMonitor Inc.
Expires
2026-08-06
Website info
Features
Details
- Company number
- 0878.065.378
- VAT number
- BE 0878.065.378
- Registered office
- Steenweg op Etterbeek 180, 1040 Brussel
- Names & denominations
- GOOGLE BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 21 December 2005
- Peppol
- Active · Active since 10 Dec 2025
- Contact
- about.google
- Activities · NACE
Activiteiten van reclamebureaus
Publiciteitsagentschappen
Overige activiteiten in verband met computers
Overige diensten op het gebied van informatietechnologie en computer