ACTIVE

Gifar

Financial year 2025 · closed on 31/12/2025
Net result
261,4 k €
-79.5% YoY
Gross margin
1,1 M €
-53.7% YoY
Equity
4,2 M €
+6.6% YoY
Workforce
0,0 ETP

What does Gifar do?

Gifar is a Public limited company incorporated in 1968. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Kortrijk.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0401.595.044
Incorporation
01/01/1968
Legal form
Public limited company
Registered office
Deken Degryselaan(Kor) 23
8500 Kortrijk · FlandreSee on map
Contributed capital
352 660,00 €
Latest accounts
31/12/2025
Average workforce
0,0 ETP
Joint committees (1)
  • 124
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220212018201720162015201420132012201120102009200820072006
Income statement
Gross margin1,1 M €2,4 M €663,1 k €625,5 k €448,5 k €661,7 k €636,6 k €525,1 k €586,1 k €595,2 k €576 k €580 k €546,2 k €534,2 k €533,2 k €504,3 k €465 k €466,9 k €
EBITDA767,3 k €2,1 M €543,5 k €560,2 k €350,7 k €563,7 k €539,6 k €428 k €489,2 k €499,8 k €481,3 k €488,2 k €456,7 k €449,9 k €445,4 k €416,3 k €378,6 k €381,1 k €
Operating result444,5 k €1,9 M €-420,2 k €451 k €253,9 k €542,5 k €518,4 k €407 k €466,5 k €477,1 k €458,6 k €465,1 k €424,4 k €415 k €398,3 k €357 k €307,8 k €303,5 k €
Net result261,4 k €1,3 M €-368,3 k €6,4 M €119,3 k €306,3 k €400,8 k €283,7 k €328,7 k €311,1 k €321,7 k €315 k €238 k €218,8 k €305,1 k €96,4 k €202,5 k €201,8 k €
Balance sheet
Equity4,2 M €3,9 M €2,7 M €3 M €3,2 M €953,2 k €646,9 k €868,1 k €864,4 k €863,7 k €872,6 k €870,9 k €875,9 k €1,3 M €1,3 M €1,3 M €1,5 M €1,5 M €
Total assets15,6 M €15,8 M €15,9 M €11,2 M €13,3 M €1,2 M €1,6 M €1,5 M €1,4 M €1,4 M €1,4 M €1,4 M €1,4 M €1,6 M €1,7 M €1,7 M €1,8 M €1,8 M €
Cash181,4 k €1,3 M €154,4 k €296,6 k €138,8 k €930,2 k €1,1 M €558,6 k €305,8 k €341,3 k €325,1 k €291,5 k €189,8 k €844,5 k €228,7 k €385,2 k €232 k €98,8 k €
Debts10,4 M €10,8 M €12,5 M €7,4 M €9,3 M €182,3 k €866,4 k €501,6 k €480,9 k €477,5 k €495,8 k €475,7 k €516,9 k €227 k €337,4 k €354,1 k €242,1 k €219,1 k €
Other
Workforce0,0 ETP0,0 ETP0,0 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 16 ended

Active mandates

CAVAHOLD

Managing director · since 24 septembre 2020 · until 26 août 2026 · 0886.325.622

Represented by Vanbiervliet Caroline

Active
Thomas Goethals

Managing director · since 24 septembre 2020 · until 26 août 2026

Active

Ended mandates

CAVAHOLD

Managing director · since 24 septembre 2020 · until 06 juin 2026 · 0886.325.622

Represented by Caroline VANBIERVLIET

Ended
Thomas Goethals

Managing director · since 24 septembre 2020 · until 06 juin 2026

Ended
CAVAHOLD

Director · since 17 mai 2019 · 0886.325.622

Represented by Vanbiervliet Caroline

Ended
Thomas Goethals

Director · since 17 mai 2019

Ended
At this address

Other companies at this address

CompanyCBE no.
BIVERMAActive
0427.643.504
0726.445.272
CAVAHOLDActive
0886.325.622
CAVAHOLD GROEPActive
0723.868.141
0448.185.134
MARMADActive
0449.916.187
MAVANActive
0405.298.761
ORION - MARKEActive
0456.829.913
0836.394.574
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date31/08/202626/06/202518/07/202416/06/202331/08/202231/08/2021
General meeting26/08/202607/06/202514/06/202428/04/202315/07/202217/08/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202526/08/202631/08/2026DutchPDF
Abridged model31/12/202407/06/202526/06/2025DutchPDF
Abridged model31/12/202314/06/202418/07/2024DutchPDF
Abridged model31/12/202228/04/202316/06/2023DutchPDF
Abridged model31/12/202115/07/202231/08/2022DutchPDF
Abridged model31/12/202017/08/202131/08/2021DutchPDF
Abridged model31/12/201904/04/202012/05/2020DutchPDF
Abridged model31/12/201807/05/201915/05/2019FrenchPDF
Abridged model31/12/201725/05/201829/10/2018FrenchPDF
Abridged model31/12/201610/07/201730/08/2017FrenchPDF
Abridged model31/12/201507/04/201630/08/2016FrenchPDF
Abridged model31/12/201402/04/201530/09/2015FrenchPDF
Abridged model31/12/201303/04/201425/08/2014FrenchPDF
Abridged model31/12/201230/04/201331/08/2013FrenchPDF
Abridged model31/12/201105/04/201231/08/2012FrenchPDF
Abridged model31/12/201007/04/201131/08/2011FrenchPDF
Abridged model31/12/200901/04/201029/07/2010FrenchPDF
Abridged model31/12/200802/04/200930/08/2009FrenchPDF
Abridged model31/12/200705/06/200821/08/2008FrenchPDF
Abridged model31/12/200607/06/200727/08/2007FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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.

Discover the Business plan
Disclaimer

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

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 16 ended

Active mandates

CAVAHOLD

Managing director · since 24 septembre 2020 · until 26 août 2026 · 0886.325.622

Represented by Vanbiervliet Caroline

Active
Thomas Goethals

Managing director · since 24 septembre 2020 · until 26 août 2026

Active

Ended mandates

CAVAHOLD

Managing director · since 24 septembre 2020 · until 06 juin 2026 · 0886.325.622

Represented by Caroline VANBIERVLIET

Ended
Thomas Goethals

Managing director · since 24 septembre 2020 · until 06 juin 2026

Ended
CAVAHOLD

Director · since 17 mai 2019 · 0886.325.622

Represented by Vanbiervliet Caroline

Ended
Thomas Goethals

Director · since 17 mai 2019

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates08/04/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring20/08/2020
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring20/08/2020
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring09/06/2020
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring09/06/2020
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Mandates24/07/2019
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates20/06/2019
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Capital / shares16/01/2018
    CAPITAL, ACTIONS
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025261,4 k €
  2. 2024
    Annual accounts 20241,3 M €
  3. 2023
    Annual accounts 2023-368,3 k €
  4. 2022
    Annual accounts 20226,4 M €
  5. 2021
    Annual accounts 2021119,3 k €
  6. 2018
    Annual accounts 2018306,3 k €
  7. 2017
    Annual accounts 2017400,8 k €
  8. 2016
    Annual accounts 2016283,7 k €
  9. 2015
    Annual accounts 2015328,7 k €
  10. 2014
    Annual accounts 2014311,1 k €
  11. 2013
    Annual accounts 2013321,7 k €
  12. 2012
    Annual accounts 2012315 k €
  13. 2011
    Annual accounts 2011238 k €
  14. 2010
    Annual accounts 2010218,8 k €
  15. 2009
    Annual accounts 2009305,1 k €
  16. 2008
    Annual accounts 200896,4 k €
  17. 2007
    Annual accounts 2007202,5 k €
  18. 2006
    Annual accounts 2006201,8 k €
  19. 01/01/1968
    IncorporationPublic limited company