ACTIVE

GANDAE - WELZIJN & WERK OP MAAT

Export PDF

Financial year 2025 · Closed on 31/12/2025

Net result568,6 k €-42,3 %over 1 year

Revenue12,4 M €+24,9 %over 1 year

Equity35,7 M €+1,3 %over 1 year

Workforce403,6 ETP+0,7 %over 1 year

Identity

Source · BCE/KBO

GANDAE - WELZIJN & WERK OP MAAT is a Non-profit organization incorporated in 1965. Its main activity is: Technical and vocational secondary education. Its registered office is in Gent. It employs on average 403,6 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0406.711.201
Incorporation: 23/09/1965
Legal form: Non-profit organization
Registered office: Gaardeniersweg 2
9000 Gent · FlandreSee on map
Latest accounts: 31/12/2025
Average workforce: 403,6 ETP

Activities (NACE)

85322Technical and vocational secondary education· main 88993Other social work activities without accommodation n.e.c.88995Other social work activities without accommodation n.e.c.

Joint committees (3)

319
31901
32701

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 22 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	12,4 M €	+24.9%	9,9 M €	+4.1%	9,5 M €	+17.6%	8,1 M €	+12.6%	7,2 M €
EBITDA	2,5 M €	-1.7%	2,5 M €	-3.1%	2,6 M €	+32.1%	2 M €	+12.4%	1,8 M €
Operating result	657,7 k €	-33.5%	988,3 k €	+1.3%	975,7 k €	+197%	328,1 k €	+128%	143,8 k €
Net result	568,6 k €	-42.3%	986,1 k €	+1.1%	975,2 k €	+140%	405,9 k €	+94.6%	208,5 k €
Balance sheet
Equity	35,7 M €	+1.3%	35,2 M €	+2.5%	34,4 M €	+2.5%	33,5 M €	+0.7%	33,3 M €
Total assets	42 M €	+6.8%	39,3 M €	+4.9%	37,5 M €	+4.3%	35,9 M €	-0.1%	36 M €
Cash	3,7 M €	+68.3%	2,2 M €	-50.4%	4,4 M €	-19.7%	5,5 M €	+156%	2,1 M €
Debts	6,3 M €	+55.0%	4,1 M €	+31.1%	3,1 M €	+27.5%	2,4 M €	-6.6%	2,6 M €
Other
Workforce	403,6 ETP	+0.7%	400,8 ETP	+4.9%	382,2 ETP	+4.4%	366,2 ETP	-6.7%	392,7 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

12 active · 101 ended

Active mandates

Philippe Deron

Director · since 04 juin 2025 · until 30 juin 2028

Active

Frank Van der Auwermeulen

Director · since 23 avril 2024 · until 30 juin 2027

Active

Daniël Goossens

Director · since 25 avril 2023 · until 30 juin 2026

Active

Dirk Martens

Director · since 25 avril 2023 · until 30 juin 2026

Active

Guy Vermeirsch

Chairman of the board of directors · since 25 avril 2023 · until 30 juin 2026

Active

Helena Criel

Director · since 25 avril 2023 · until 05 juin 2025

Active

Ingrid Martens

Vice-chairman of the board of directors · since 25 avril 2023 · until 30 juin 2026

Active

Luc Van Der Maat

Director · since 25 avril 2023 · until 30 juin 2026

Active

Marie-Jeanne Roland

Director · since 25 avril 2023 · until 30 juin 2026

Active

Paul Van Houtte

Director · since 25 avril 2023 · until 30 juin 2026

Active

Thomas Martens

Director · since 25 avril 2023 · until 30 juin 2026

Active

Wim Ghoris

Director · since 25 avril 2023 · until 30 juin 2026

Active

Ended mandates

Frank Van der Auwermeulen

Director · since 23 avril 2024 · until 30 juin 2026

Ended

Dirk Martens

Vice-chairman of the board of directors · since 25 avril 2023 · until 30 juin 2026

Ended

Helena Criel

Director · since 25 avril 2023 · until 30 juin 2026

Ended

Ingrid Martens

Director · since 25 avril 2023 · until 30 juin 2026

Ended

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	27/08/2026	24/07/2025	06/12/2024	25/05/2023	02/06/2022	31/08/2021
General meeting	01/06/2026	04/06/2025	23/04/2024	25/04/2023	26/04/2022	30/08/2021
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

Looking for more information about this company?

Try for free

Annual accounts filings

Source · NBB, 22 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	01/06/2026	27/08/2026	Dutch	PDF
Full modelCorrection	31/12/2024	04/06/2025	24/07/2025	Dutch	PDF
Full model	31/12/2024	04/06/2025	04/07/2025	Dutch	PDF
Full modelCorrection	31/12/2023	23/04/2024	06/12/2024	Dutch	PDF
Full model	31/12/2023	23/04/2024	31/07/2024	Dutch	PDF
Full model	31/12/2022	25/04/2023	25/05/2023	Dutch	PDF
Full model	31/12/2021	26/04/2022	02/06/2022	Dutch	PDF
Full model	31/12/2020	30/08/2021	31/08/2021	Dutch	PDF
Full model	31/12/2019	24/06/2020	09/07/2020	Dutch	PDF
Full model	31/12/2018	24/04/2019	20/05/2019	Dutch	PDF
Full model	31/12/2017	02/05/2018	08/05/2018	Dutch	PDF
Full model	31/12/2016	26/04/2017	09/05/2017	Dutch	PDF
Full model	31/12/2015	13/04/2016	19/04/2016	Dutch	PDF
Full model	31/12/2014	29/04/2015	16/06/2015	Dutch	PDF
Full model	31/12/2013	05/05/2014	08/05/2014	Dutch	PDF
Full model	31/12/2012	30/04/2013	25/07/2013	Dutch	PDF
Full model	31/12/2011	24/04/2012	27/04/2012	Dutch	PDF
Full model	31/12/2010	05/05/2011	29/06/2011	Dutch	PDF
Full model	31/12/2009	28/04/2010	22/06/2010	Dutch	PDF
Full model	31/12/2008	06/05/2009	02/07/2009	Dutch	PDF
Full model	31/12/2007	09/04/2008	27/08/2008	Dutch	PDF
Full model	31/12/2006	25/04/2007	23/05/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 M€

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.

Board of directors

Source · NBB, accounts to 31/12/2025

12 active · 101 ended

Active mandates

Philippe Deron

Director · since 04 juin 2025 · until 30 juin 2028

Active

Frank Van der Auwermeulen

Director · since 23 avril 2024 · until 30 juin 2027

Active

Daniël Goossens

Director · since 25 avril 2023 · until 30 juin 2026

Active

Dirk Martens

Director · since 25 avril 2023 · until 30 juin 2026

Active

Guy Vermeirsch

Chairman of the board of directors · since 25 avril 2023 · until 30 juin 2026

Active

Helena Criel

Director · since 25 avril 2023 · until 05 juin 2025

Active

Ingrid Martens

Vice-chairman of the board of directors · since 25 avril 2023 · until 30 juin 2026

Active

Luc Van Der Maat

Director · since 25 avril 2023 · until 30 juin 2026

Active

Marie-Jeanne Roland

Director · since 25 avril 2023 · until 30 juin 2026

Active

Paul Van Houtte

Director · since 25 avril 2023 · until 30 juin 2026

Active

Thomas Martens

Director · since 25 avril 2023 · until 30 juin 2026

Active

Wim Ghoris

Director · since 25 avril 2023 · until 30 juin 2026

Active

Ended mandates

Frank Van der Auwermeulen

Director · since 23 avril 2024 · until 30 juin 2026

Ended

Dirk Martens

Vice-chairman of the board of directors · since 25 avril 2023 · until 30 juin 2026

Ended

Helena Criel

Director · since 25 avril 2023 · until 30 juin 2026

Ended

Ingrid Martens

Director · since 25 avril 2023 · until 30 juin 2026

Ended

Ownership and network

Looking for more information about this company?

Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates05/05/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/04/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/02/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/07/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/05/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/05/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/05/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/05/2024
ONTSLAGEN - BENOEMINGEN
PDF

Similar companies

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

See the Business plan

Timeline

2025
Annual accounts 2025568,6 k €↓
2024
Annual accounts 2024986,1 k €↑
2023
Annual accounts 2023975,2 k €↑
2023
Name changeGANDAE - WELZIJN & WERK OP MAAT
2022
Annual accounts 2022405,9 k €↑
2021
Annual accounts 2021208,5 k €↓
2020
Annual accounts 2020297,9 k €↓
2019
Annual accounts 2019663,8 k €↑
2018
Annual accounts 2018550,1 k €↓
2017
Annual accounts 2017988,8 k €↑
2016
Annual accounts 2016642,6 k €↑
2015
Annual accounts 201590,8 k €↓
2014
Annual accounts 2014911,1 k €↑
2013
Annual accounts 2013860,7 k €↓
2012
Annual accounts 20122,7 M €↑
2011
Annual accounts 20111,7 M €↑
2010
Annual accounts 20101,6 M €↓
2009
Annual accounts 20091,8 M €↑
2008
Annual accounts 2008488,8 k €↓
2007
Annual accounts 20071,2 M €
2007
Name changeGANDAE - VERENIGING VOOR SOCIALE INTEGRATIE VAN PERSONEN MET EEN HANDICAP
23/09/1965
IncorporationNon-profit organization

GANDAE - WELZIJN & WERK OP MAAT

Overview

Identity

Financials

Valuation

Indicative valuation

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