NORMAL SITUATION

Gewestelijke Maatschappij voor de Klein Landeigendom Het Volk

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Company — Normal situation.

Financial year 2021 · Closed on 31/12/2021

Net result2,7 M €+123,1 %over 1 year

Revenue19,8 M €+116,1 %over 1 year

Equity33,2 M €+25,5 %over 1 year

Workforce4,4 ETP0,0 %over 1 year

Identity

Source · BCE/KBO

Gewestelijke Maatschappij voor de Klein Landeigendom Het Volk is a company registered in Belgium. It employs on average 4,4 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0400.067.590
Legal form: Cooperative partnership with limited liability with a social purpose
Contributed capital: 18 418,75 €
Latest accounts: 31/12/2021
Average workforce: 4,4 ETP

Joint committees (2)

Signals

ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 46 filings

Trend over 12 financial years

	2021		2017		2015		2014		2013
Income statement
Revenue	19,8 M €	+116%	9,2 M €	-8.9%	10,1 M €	+15.1%	8,7 M €	+100%	4,4 M €
EBITDA	3,2 M €	+125%	1,4 M €	-32.7%	2,1 M €	+80.6%	1,2 M €	+148%	467,6 k €
Operating result	3 M €	+115%	1,4 M €	-32.7%	2,1 M €	+80.8%	1,2 M €	+149%	464,8 k €
Net result	2,7 M €	+123%	1,2 M €	-35.6%	1,9 M €	+76.6%	1,1 M €	-64.8%	3 M €
Balance sheet
Equity	33,2 M €	+25.5%	26,5 M €	+12.0%	23,6 M €	+8.6%	21,8 M €	+5.1%	20,7 M €
Total assets	51,2 M €	+27.9%	40,1 M €	+24.1%	32,3 M €	+1.8%	31,7 M €	+9.2%	29,1 M €
Cash	16,1 M €	-0.4%	16,1 M €	+44.1%	11,2 M €	+62.0%	6,9 M €	+134%	3 M €
Debts	17 M €	+31.2%	12,9 M €	+62.4%	8 M €	-5.5%	8,4 M €	+11.9%	7,5 M €
Other
Workforce	4,4 ETP	0.0%	4,4 ETP	+2.3%	4,3 ETP	0.0%	4,3 ETP	+7.5%	4,0 ETP

Board of directors

Source · NBB, accounts to 31/12/2021

8 active · 18 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Louis VERVLOET	Chairman of the board of directors19/05/2009 → 31/05/2027Director20/05/2003 → 31/05/2016ended
Emmanuel VAN DAELE	Vice-chairman of the board of directors29/05/2001 → 31/05/2026
Mario PAUWELS	Director18/05/2010 → 31/05/2026
Mireille BUYCK	Director17/05/2005 → 31/05/2026
Isabelle VAN DE STEENE	Director21/05/2019 → 31/05/2025
Luc DE MEYER	Director21/05/2019 → 31/05/2025
Marc DE SCHRIJVER	Director21/05/2013 → 31/05/2025
Hans HEYSE	Mandate

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Jean-Paul CORIN	Director01/10/2013 → 19/05/2020
Alexander VERCAMER	Director21/05/2013 → 31/05/2019
Els BAART	Director21/05/2013 → 31/05/2019

Full financial information

Source · NBB

	2021	2020	2019	2018	2017	2016
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2021	01/01/2020	01/01/2019	01/01/2018	01/01/2017	01/01/2016
Closing of the financial year	31/12/2021	31/12/2020	31/12/2019	31/12/2018	31/12/2017	31/12/2016
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	18/08/2022	25/06/2021	03/06/2020	05/06/2019	06/06/2018	31/05/2017
General meeting	16/05/2022	18/05/2021	19/05/2020	21/05/2019	22/05/2018	23/05/2017
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 46 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2021	16/05/2022	18/08/2022	Dutch	PDF
Full model	31/12/2020	18/05/2021	25/06/2021	Dutch	PDF
Full model	31/12/2019	19/05/2020	03/06/2020	Dutch	PDF
Full model	31/12/2018	21/05/2019	05/06/2019	Dutch	PDF
Full model	31/12/2017	22/05/2018	06/06/2018	Dutch	PDF
Full model	31/12/2016	23/05/2017	31/05/2017	Dutch	PDF
Full model	31/12/2015	24/05/2016	22/06/2016	Dutch	PDF
Full model	31/12/2014	19/05/2015	09/06/2015	Dutch	PDF
Full model	31/12/2013	20/05/2014	02/06/2014	Dutch	PDF
Full model	31/12/2012	21/05/2013	06/06/2013	Dutch	PDF
Full modelCorrection	31/12/2011	27/03/2012	22/06/2012	Dutch	PDF
Full model	31/12/2011	27/03/2012	23/04/2012	Dutch	PDF
Full model	31/12/2010	24/05/2011	25/05/2011	Dutch	PDF
Full model	31/12/2009	18/05/2010	27/05/2010	Dutch	PDF
Full model	31/12/2008	19/05/2009	02/06/2009	Dutch	PDF
Full model	31/12/2007	20/05/2008	02/06/2008	Dutch	PDF
Full model	31/12/2006	22/05/2007	04/06/2007	Dutch	PDF
Full model	31/12/2005	23/05/2006	06/06/2006	Dutch	PDF
Full model	31/12/2004	17/05/2005	02/06/2005	Dutch	PDF
Full model	31/12/2003	18/05/2004	03/06/2004	Dutch	PDF
Full model	31/12/2002	20/05/2003	12/06/2003	Dutch	PDF
Full model	31/12/2001	21/05/2002	17/06/2002	Dutch	PDF
Full model	31/12/2000	29/05/2001	15/06/2001	Dutch	PDF
Full model	31/12/1999	23/05/2000	21/06/2000	Dutch	PDF
Full model	31/12/1998	25/05/1999	22/06/1999	Dutch	PDF
Full model	31/12/1997	09/06/1998	18/06/1998	Dutch	—
Full model	31/12/1996	17/06/1997	26/06/1997	Dutch	—
Full model	31/12/1995	18/06/1996	21/06/1996	Dutch	—
Full model	31/12/1994	20/06/1995	21/06/1995	Dutch	—
Full model	31/12/1993	07/06/1994	10/06/1994	Dutch	—
m930-p	31/12/1992	22/06/1993	25/06/1993	Dutch	—
m930-p	31/12/1991	30/03/1993	01/04/1993	Dutch	—
m930-p	31/12/1990	07/04/1992	11/06/1992	Dutch	—
m930-p	31/12/1989	29/05/1990	20/06/1990	Dutch	—
m930-p	31/12/1988	20/06/1989	30/06/1989	Dutch	—
m930-p	31/12/1987	04/10/1988	14/10/1988	Dutch	—
m930-p	31/12/1986	03/11/1987	05/11/1987	Dutch	—
m930-p	31/12/1985	25/11/1986	27/11/1986	Dutch	—
m930-p	31/12/1984	22/10/1985	30/10/1985	English	—
m903-p	31/12/1983	09/10/1984	31/10/1984	English	—
m903-p	31/12/1982	01/01/9999	02/08/1983	English	—
m903-p	31/12/1981	01/01/9999	08/07/1982	English	—
m903-p	31/12/1980	01/01/9999	16/07/1981	English	—
m903-p	31/12/1979	01/01/9999	02/10/1980	English	—
m903-p	31/12/1978	01/01/9999	09/07/1979	English	—
m909-p	31/12/1977	01/01/9999	20/07/1978	English	—

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

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Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2021

8 active · 18 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Louis VERVLOET	Chairman of the board of directors19/05/2009 → 31/05/2027Director20/05/2003 → 31/05/2016ended
Emmanuel VAN DAELE	Vice-chairman of the board of directors29/05/2001 → 31/05/2026
Mario PAUWELS	Director18/05/2010 → 31/05/2026
Mireille BUYCK	Director17/05/2005 → 31/05/2026
Isabelle VAN DE STEENE	Director21/05/2019 → 31/05/2025
Luc DE MEYER	Director21/05/2019 → 31/05/2025
Marc DE SCHRIJVER	Director21/05/2013 → 31/05/2025
Hans HEYSE	Mandate

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Jean-Paul CORIN	Director01/10/2013 → 19/05/2020
Alexander VERCAMER	Director21/05/2013 → 31/05/2019
Els BAART	Director21/05/2013 → 31/05/2019

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Restructuring25/07/2022
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates01/07/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/06/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/06/2022
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring04/05/2022
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
PDF
Mandates16/04/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/08/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/07/2018
ONTSLAGEN - BENOEMINGEN
PDF

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Timeline

Source · CBE, NBB annual accounts

Year

Identity

Name

Registered office

Annual accounts

Filings12 filings

Mandates

Louis VERVLOET

Emmanuel VAN DAELE

Mireille BUYCK

Mario PAUWELS

Luc DE MEYER

Marc DE SCHRIJVER

Isabelle VAN DE STEENE

Jean-Paul CORIN

Els BAART

Olivier PEIRS

Alexander VERCAMER

Els DE TURCK

and 12 more mandates

200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024202520262027

Chairman of the board of directorsDirector

Vice-chairman of the board of directors

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Ravensteinstraat 12, 9000 Gent	accounts 2021	Accounts 2021 · 2022-20319442

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
Gew. Mij. voor de Kleine Landeigendom "HET VOLK" (erkend door de V.H.M.)	accounts 2021	Accounts 2021 · 2022-20319442

Events

2021
Annual accounts 20212,7 M €↑
2017
Annual accounts 20171,2 M €↓
2015
Annual accounts 20151,9 M €↑
2014
Annual accounts 20141,1 M €↓
2013
Annual accounts 20133 M €↑
2012
Annual accounts 2012683,7 k €↓
2011
Annual accounts 20111,5 M €↑
2010
Annual accounts 20101 M €↓
2009
Annual accounts 20091,4 M €↓
2008
Annual accounts 20081,6 M €↑
2007
Annual accounts 20071,3 M €↑
2006
Annual accounts 2006567,9 k €

Gewestelijke Maatschappij voor de Klein Landeigendom Het Volk

Overview

Identity

Financials

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events