ACTIVE

Germagas

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Financial year 2025 · Closed on 31/03/2025

Net result57,1 k €+696,4 %over 1 year
Gross margin744 k €+30,0 %over 1 year
Equity536,3 k €+9,5 %over 1 year
Workforce8,6 ETP+7,5 %over 1 year

Identity

Source · BCE/KBO

Germagas is a Private limited company incorporated in 1970. Its registered office is in Wevelgem. It employs on average 8,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0407.098.904
Incorporation
14/05/1970
Legal form
Private limited company
Registered office
Drieslaan 86
8560 Wevelgem · FlandreSee on map
Contributed capital
18 740,75 €
Latest accounts
31/03/2025
Average workforce
8,6 ETP
Joint committees (3)
  • 124
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 19 filings

Trend over 17 financial years

20252024202320222018
Income statement
Gross margin744 k €572,3 k €516,8 k €605,6 k €300,7 k €
EBITDA139,8 k €46,4 k €57,2 k €134,8 k €11,1 k €
Operating result94,9 k €3,4 k €45,5 k €65,3 k €7,6 k €
Net result57,1 k €-9,6 k €27,9 k €32,7 k €-5,1 k €
Balance sheet
Equity536,3 k €490 k €499,5 k €496,6 k €298,1 k €
Total assets989,1 k €1,1 M €1,1 M €994,4 k €424,3 k €
Cash182,9 k €72,2 k €22 k €95,3 k €41,4 k €
Debts452,7 k €608,5 k €574,3 k €497,8 k €126,2 k €
Other
Workforce8,6 ETP8,0 ETP8,7 ETP10,3 ETP6,1 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/03/2025

1 active · 4 ended

Active mandates

Nic Descheemaeker

Director · since 13 avril 1994

Active

Ended mandates

MIEKE DESCHEEMAEKER

Associate · since 01 avril 2000

Ended
Nic Descheemaeker

Bestuurder · since 13 avril 1994

Ended
Nic Descheemaeker

Manager · since 13 avril 1994

Ended
NIC DESCHEEMAEKER

Manager · since 01 juin 1970

Ended

Full financial information

Source · NBB
202520242023202220212019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/04/202401/04/202301/04/202201/04/202101/01/202001/01/2019
Closing of the financial year31/03/202531/03/202431/03/202331/03/202231/03/202131/12/2019
Length of the financial year12 months12 months12 months12 months15 months12 months
Filing date22/10/202527/11/202431/10/202309/11/202203/11/202131/08/2020
General meeting20/09/202521/09/202416/09/202317/09/202218/09/202109/05/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/03/202520/09/202522/10/2025DutchPDF
Abridged model31/03/202421/09/202427/11/2024DutchPDF
Abridged model31/03/202316/09/202331/10/2023DutchPDF
Abridged model31/03/202217/09/202209/11/2022DutchPDF
Abridged model31/03/202118/09/202103/11/2021DutchPDF
Abridged model31/12/201909/05/202031/08/2020DutchPDF
Abridged model31/12/201811/05/201929/05/2019DutchPDF
Abridged model31/12/201712/05/201830/05/2018DutchPDF
Abridged model31/12/201613/05/201729/05/2017DutchPDF
Abridged model31/12/201514/05/201631/05/2016DutchPDF
Abridged model31/12/201409/05/201502/06/2015DutchPDF
Abridged model31/12/201310/05/201427/05/2014DutchPDF
Abridged model31/12/201211/05/201303/06/2013DutchPDF
Abridged model31/12/201112/05/201206/06/2012DutchPDF
Abridged model31/12/201014/05/201130/05/2011DutchPDF
Abridged model31/12/200908/05/201001/06/2010DutchPDF
Abridged model31/12/200809/05/200903/06/2009DutchPDF
Abridged model31/12/200710/05/200805/06/2008DutchPDF
Abridged model31/12/200612/05/200718/06/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 31/03/2025

1 active · 4 ended

Active mandates

Nic Descheemaeker

Director · since 13 avril 1994

Active

Ended mandates

MIEKE DESCHEEMAEKER

Associate · since 01 avril 2000

Ended
Nic Descheemaeker

Bestuurder · since 13 avril 1994

Ended
Nic Descheemaeker

Manager · since 13 avril 1994

Ended
NIC DESCHEEMAEKER

Manager · since 01 juin 1970

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Registered office28/08/2026
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates15/12/2020
    WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates01/08/2006
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/09/2002
    ONTSLAGEN - BENOEMINGEN
    PDF

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 202557,1 k €↑
  2. 2024
    Annual accounts 2024-9,6 k €↓
  3. 2023
    Annual accounts 202327,9 k €↓
  4. 2022
    Annual accounts 202232,7 k €↑
  5. 2018
    Annual accounts 2018-5,1 k €↑
  6. 2017
    Annual accounts 2017-11,9 k €↓
  7. 2016
    Annual accounts 20163 k €↓
  8. 2015
    Annual accounts 201514,9 k €↑
  9. 2014
    Annual accounts 201413 k €↑
  10. 2013
    Annual accounts 20133,5 k €↓
  11. 2012
    Annual accounts 201233 k €↓
  12. 2011
    Annual accounts 201133,8 k €↓
  13. 2010
    Annual accounts 201044 k €↑
  14. 2009
    Annual accounts 200932,7 k €↑
  15. 2008
    Annual accounts 200832,1 k €↑
  16. 2007
    Annual accounts 20079,6 k €↑
  17. 2006
    Annual accounts 20064,5 k €
  18. 14/05/1970
    IncorporationPrivate limited company