Banqup Group SA

ENXTBR:BANQ Stock Report

Market Cap: €95.5m

Banqup Group Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Nicolas de Beco

Chief executive officer

€558.1k

Total compensation

CEO salary percentage80.63%
CEO tenure1.4yrs
CEO ownershipn/a
Management average tenure1.8yrs
Board average tenure3.5yrs

Recent management updates

Recent updates

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 Nicolas de Beco's remuneration changed compared to Banqup Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2025€558k€450k

-€38m

Sep 30 2025n/an/a

-€43m

Jun 30 2025n/an/a

-€48m

Mar 31 2025n/an/a

-€49m

Dec 31 2024€456k€38k

-€52m

Compensation vs Market: Nicolas's total compensation ($USD656.56K) is above average for companies of similar size in the Belgian market ($USD438.90K).

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


CEO

Nicolas de Beco

1.4yrs
Tenure
€558,074
Compensation

Mr. Nicolas de Beco is Chief Executive Officer of Banqup Group SA (formerly known as Unifiedpost Group SA) from December 1, 2024 and is its Executive Director from May 20, 2025.


Leadership Team

NamePositionTenureCompensationOwnership
Nicolas de Beco
CEO & Executive Director1.4yrs€558.07kno data
Hans Leybaert
Founder & Executive Director24.3yrs€30.00k10.51%
€ 10.0m
Koen De Brabander
Chief Financial Officer2.1yrs€317.63kno data
Chrystele Dumont
Chief Revenue Officer1.1yrs€234.99kno data
Mathias Baert
Head of Legal & Compliance and General Counsel3yrsno 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 Payments3.3yrsno 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
Nicolas de Beco
CEO & Executive Director1yr€558.07kno data
Hans Leybaert
Founder & Executive Director19.4yrs€30.00k10.51%
€ 10.0m
Michael Kleindl
Director5.3yrs€25.00kno data
Angeline Marx
Independent Director5.7yrs€27.50kno data
Leon Cappaert
Non-Executive Director5.8yrs€22.50kno data
Koen Hoffman
Independent Non-Executive Director1yr€13.33kno data
Katya Degrieck
Independent Director5.7yrs€25.00kno data
Leanne Kemp
Independent Non-Executive Director1yr€13.33kno data
Katrien Meire
Independent Director5.7yrs€28.33kno data
Pieter Bourgeois
Director1.6yrs€27.50kno data
Nathalie Van Den Haute
Non-Executive Director1yr€13.33kno data
Peter Mulroy
Acting Independent Chairman1.6yrs€29.58kno data
3.5yrs
Average Tenure
56yo
Average Age

Experienced Board: BANQ's board of directors are considered experienced (3.5 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/08 20:16
End of Day Share Price 2026/05/08 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