Banqup Group SA

ENXTBR:BANQ Stock Report

Market Cap: €82.1m

Banqup Group Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Koen De Brabander

Chief executive officer

€317.6k

Total compensation

CEO salary percentage86.68%
CEO tenure2.3yrs
CEO ownershipn/a
Management average tenure1.8yrs
Board average tenure3.7yrs

Recent management updates

Recent updates

Narrative Update Aug 09

BANQ: Upcoming Asset Review And Governance Changes Will Unlock Future Upside

Analysts have lowered their price target on Banqup Group from €6.30 to €4.20, citing updated assumptions for revenue growth, profit margins, and future P/E multiples in their valuation models. What’s in the News for Banqup Group Banqup Group is preparing for a special and extraordinary shareholders meeting scheduled for 4 August 2026 in La Hulpe, Belgium, with an agenda that includes amendments to the articles of association, authorisation regarding authorised capital, acknowledgment of the board report, and a proposed resolution.
Narrative Update Jul 26

BANQ: Planned Business Unit Reorganization Will Drive Future Upside Potential

Analysts have trimmed their price target for Banqup Group to €3.0 from €3.5. They cite updated assumptions that include a higher discount rate, a slightly lower revenue growth outlook, a modestly higher profit margin, and a lower future P/E multiple. What's in the News for Banqup Group Banqup Group SA has scheduled a special or extraordinary shareholders' meeting for August 4, 2026, at 18:00 Romance Standard Time.
New Narrative Apr 16

European E Invoicing And Digital Identity Tailwinds Will Drive Stronger Long Term Earnings Quality

Catalysts About Banqup Group Banqup Group provides a European SaaS platform for e invoicing, payments and digital trust services for businesses and public sector clients. What are the underlying business or industry changes driving this perspective?
New Narrative Apr 01

Regulatory Reliance And Ongoing Losses Will Eventually Support Modest Upside Potential

Catalysts About Banqup Group Banqup Group provides a European software platform for e invoicing, payments and digital trust services for businesses and public sector clients. What are the underlying business or industry changes driving this perspective?
Analysis Article Mar 25

Analysts Are More Bearish On Banqup Group SA (EBR:BANQ) Than They Used To Be

Today is shaping up negative for Banqup Group SA ( EBR:BANQ ) shareholders, with the analysts delivering a substantial...
New Narrative Mar 18

Mandatory E Invoicing And Digital Trust Will Reshape This European SaaS Provider

Catalysts About Banqup Group Banqup Group provides SaaS-based e-invoicing, payment and digital trust solutions for businesses across multiple European markets. What are the underlying business or industry changes driving this perspective?
Analysis Article Feb 13

Revenues Not Telling The Story For Banqup Group SA (EBR:BANQ) After Shares Rise 27%

Banqup Group SA ( EBR:BANQ ) shareholders would be excited to see that the share price has had a great month, posting a...
Analysis Article Sep 18

Things Look Grim For Banqup Group SA (EBR:BANQ) After Today's Downgrade

One thing we could say about the analysts on Banqup Group SA ( EBR:BANQ ) - they aren't optimistic, having just made a...
Analysis Article Feb 20

Unifiedpost Group SA's (EBR:UPG) Business And Shares Still Trailing The Industry

You may think that with a price-to-sales (or "P/S") ratio of 0.7x Unifiedpost Group SA ( EBR:UPG ) is a stock worth...
Analysis Article Nov 21

Unifiedpost Group SA's (EBR:UPG) Price Is Right But Growth Is Lacking

You may think that with a price-to-sales (or "P/S") ratio of 0.6x Unifiedpost Group SA ( EBR:UPG ) is a stock worth...
Analysis Article Oct 07

Some Unifiedpost Group SA (EBR:UPG) Analysts Just Made A Major Cut To Next Year's Estimates

The latest analyst coverage could presage a bad day for Unifiedpost Group SA ( EBR:UPG ), with the analysts making...
Analysis Article Aug 10

Unifiedpost Group SA's (EBR:UPG) Revenues Are Not Doing Enough For Some Investors

You may think that with a price-to-sales (or "P/S") ratio of 0.6x Unifiedpost Group SA ( EBR:UPG ) is a stock worth...
Analysis Article Feb 19

What You Need To Know About UnifiedPost Group S.A.'s (EBR:UPG) Investor Composition

If you want to know who really controls UnifiedPost Group S.A. ( EBR:UPG ), then you'll have to look at the makeup of...
Analysis Article Dec 23

Estimating The Intrinsic Value Of UnifiedPost Group S.A. (EBR:UPG)

Today we will run through one way of estimating the intrinsic value of UnifiedPost Group S.A. ( EBR:UPG ) by taking the...

CEO Compensation Analysis

How has Koen De Brabander's remuneration changed compared to Banqup Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2025€318k€275k

-€38m

Sep 30 2025n/an/a

-€43m

Jun 30 2025n/an/a

-€48m

Mar 31 2025n/an/a

-€49m

Dec 31 2024€279k€159k

-€52m

Compensation vs Market: Koen's total compensation ($USD366.40K) is below average for companies of similar size in the Belgian market ($USD598.07K).

Compensation vs Earnings: Koen's compensation has increased whilst the company is unprofitable.


CEO

Koen De Brabander

2.3yrs
Tenure
€317,628
Compensation

Mr. Koen De Brabander serves as Independent Non-Executive Director at Monni NV (formerly known as Keyware Technologies NV) since October 1, 2019. He serves as Chief Financial Officer at Banqup Group SA (fo...


Leadership Team

NamePositionTenureCompensationOwnership
Koen De Brabander
CEO & CFO2.3yrs€317.63kno data
Hans Leybaert
Founder & Executive Director24.6yrs€30.00k10.51%
€ 8.6m
Nicolas de Beco
Executive Directorless than a year€558.07kno data
Chrystele Dumont
Chief Revenue Officer1.3yrs€234.99kno data
Mathias Baert
Head of Legal & Compliance and General Counsel3.3yrsno datano data
Sebastien Imbert
Chief Marketing Officerless than a yearno datano data
Wim Focquet
Chief People Officerless than a yearno datano data
Arthur Paijens
Chief Executive Officer of Unifiedpost Payments3.6yrsno datano data
Anna Ciesielska
ESG Managerno datano datano data
Beatrix Csabai
HR Manager (Hungary)no datano datano data
Anke Haesendonck
Finance & Reporting Directorno datano datano data
1.8yrs
Average Tenure

Experienced Management: BANQ's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Hans Leybaert
Founder & Executive Director19.7yrs€30.00k10.51%
€ 8.6m
Nicolas de Beco
Executive Director1.3yrs€558.07kno data
Michael Kleindl
Director5.6yrs€25.00kno data
Angeline Marx
Independent Director5.9yrs€27.50kno data
Leon Cappaert
Non-Executive Director6.1yrs€22.50kno data
Koen Hoffman
Independent Non-Executive Director1.3yrs€13.33kno data
Katya Degrieck
Independent Director5.9yrs€25.00kno data
Leanne Kemp
Independent Non-Executive Director1.3yrs€13.33kno data
Katrien Meire
Independent Director5.9yrs€28.33kno data
Pieter Bourgeois
Director1.8yrs€27.50kno data
Nathalie Van Den Haute
Non-Executive Director1.3yrs€13.33kno data
Peter Mulroy
Acting Independent Chairman1.8yrs€29.58kno data
3.7yrs
Average Tenure
57yo
Average Age

Experienced Board: BANQ's board of directors are considered experienced (3.7 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/08/13 18:43
End of Day Share Price 2026/08/13 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Banqup Group SA is covered by 4 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Andreas MarkouBerenberg
Gustav FrobergBerenberg
Michael RoegDegroof Petercam