The #1 in tech staffing & consulting

Vibe Group Full Year Results 2023

On this page you’ll find a summarized audited financial overview of the FY 2023.

Financial overview

Mission & strategy

→  Our vision

To be the number 1 in tech staffing & consulting

→  Our purpose

Creating the future

→  BHAG

2525 Vibers in 2025

Our services

→  Freelance

Connecting IT freelancers and projects

→  Search & selection

Connecting top IT talent and opportunities

→  Secondment

Guiding IT talent from temporary to permanent roles

→ Consulting

Connecting IT experts to temporary projects

Geographic breakdown

→  Netherlands

Amsterdam, Rotterdam

→  Belgium

Antwerpen, Brussel

→  Germany

Düsseldorf

Key takeaways

  • Consistent gross profit growth
  • Excellent visibility of future net fees
  • Strong balance sheet

Very strong profit growth

Very strong profit growth

  • Revenues EUR 237,3m
    Up 11.2% vs 2022

  • Gross profit EUR 51,7m
    Up 4.1% vs 2022

  • EBITDA EUR 8,4m
    Down 30.7% vs 2022
     
  • Professionals out 1.330
    Down 2.4% vs 2022

The experience of

Johan Bogaard

"We saw increasingly challenging market conditions through FY23 across all propositions, with low confidence levels and longer-than-normal ‘time-to-hire’"

The experience of

Johan Bogaard

"Our profitability was significantly impacted in The Netherlands, Belgium and Germany. Against this backdrop, we have focused on enhanced operational effectiveness, driving consultant productivity and strong cost management which will lead to a more resilient Vibe Group."

Chat about the Vibe Group results?
Johan Bogaard
Johan Bogaard CFO Vibe Group

Check our financial details, in these 6 slides