ACTIVE

Het GielsBos

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Financial year 2025 · closed on 31/12/2025

Net result

1,6 M €

+14.3% YoY

Revenue

5,4 M €

+3.7% YoY

Equity

38,1 M €

+4.0% YoY

Workforce

509,3 ETP

-0.3% YoY

What does Het GielsBos do?

Het GielsBos is a Non-profit organization incorporated in 1971. Its main activity is: General secondary education. Its registered office is in Lille. It employs on average 509,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0408.318.233

Incorporation

07/05/1971

Legal form

Non-profit organization

Registered office

Vosselaarseweg 1
2275 Lille · FlandreSee on map

Latest accounts

31/12/2025

Average workforce

509,3 ETP

Activities (NACE)

85314General secondary education· main 87202Residential care activities for mental retardation, mental health and substance abuse 87202Residential care activities for mental retardation, mental health and substance abuse 87201Residential care activities for mental retardation, mental health and substance abuse 87201Residential care activities for mental retardation, mental health and substance abuse

Joint committees (1)

31901

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Revenue	5,4 M €	+3.7%	5,2 M €	+10.5%	4,7 M €	+7.6%	4,3 M €	+12.3%	3,9 M €	+8.9%	3,5 M €	+4.4%	3,4 M €	+0.2%	3,4 M €	+3.6%	3,3 M €	+4.0%	3,1 M €	+1.0%	3,1 M €	+11.1%	2,8 M €	+2.0%	2,8 M €	+2.3%	2,7 M €	+1.4%	2,7 M €	+3.9%	2,6 M €	+2.8%	2,5 M €	+3.6%	2,4 M €
EBITDA	3,3 M €	+4.2%	3,2 M €	-18.0%	3,9 M €	+505%	647,6 k €	-66.3%	1,9 M €	-11.5%	2,2 M €	+15.9%	1,9 M €	+49.6%	1,3 M €	+55.1%	807,5 k €	-35.7%	1,3 M €	+5.7%	1,2 M €	+11.7%	1,1 M €	+28.6%	828 k €	-21.1%	1 M €	-1.7%	1,1 M €	-29.0%	1,5 M €	+55.4%	967,7 k €	-2.1%	988,6 k €
Operating result	1,5 M €	+19.9%	1,3 M €	-34.2%	1,9 M €	+254%	-1,3 M €	-2128%	61,9 k €	-89.0%	563,7 k €	+347%	126,3 k €	+148%	-263,7 k €	+66.1%	-777,3 k €	-719%	-94,9 k €	+37.7%	-152,4 k €	-161%	250,9 k €	+789%	-36,4 k €	+40.6%	-61,3 k €	+76.0%	-255,4 k €	-255%	164,3 k €	+146%	-359,1 k €	-36.2%	-263,6 k €
Net result	1,6 M €	+14.3%	1,4 M €	+63.0%	865,3 k €	+750%	101,8 k €	-79.8%	504,7 k €	-72.6%	1,8 M €	+122%	827,7 k €	+43.3%	577,4 k €	+3131%	17,9 k €	-98.3%	1 M €	-8.9%	1,1 M €	-55.9%	2,6 M €	+257%	-1,6 M €	-25409%	-6,5 k €	+98.4%	-410,2 k €	-1474%	29,9 k €	+105%	-655,1 k €	-247%	445,5 k €
Balance sheet
Equity	38,1 M €	+4.0%	36,6 M €	+2.2%	35,8 M €	+0.7%	35,6 M €	-1.1%	36 M €	+10.6%	32,5 M €	+5.1%	31 M €	+11.4%	27,8 M €	+1.5%	27,4 M €	-1.6%	27,8 M €	+9.6%	25,4 M €	+29.7%	19,6 M €	+52.4%	12,9 M €	-6.6%	13,8 M €	-1.7%	14 M €	-4.9%	14,7 M €	-2.0%	15 M €	-5.8%	16 M €
Total assets	52,3 M €	+2.2%	51,2 M €	+3.0%	49,7 M €	-2.7%	51,1 M €	-4.5%	53,5 M €	-7.3%	57,7 M €	+2.4%	56,4 M €	-7.0%	60,6 M €	-1.6%	61,5 M €	-5.1%	64,8 M €	-2.7%	66,6 M €	+15.6%	57,6 M €	+21.0%	47,6 M €	+91.0%	24,9 M €	-3.3%	25,8 M €	+3.7%	24,8 M €	-4.9%	26,1 M €	-3.0%	26,9 M €
Cash	11,3 M €	+18.5%	9,5 M €	+13.6%	8,4 M €	+44.3%	5,8 M €	+117%	2,7 M €	-58.5%	6,5 M €	+40.4%	4,6 M €	-9.7%	5,1 M €	+630%	697,2 k €	-55.1%	1,6 M €	+18.0%	1,3 M €	+0.5%	1,3 M €	-33.4%	2 M €	+64.4%	1,2 M €	+39.4%	857,2 k €	-32.2%	1,3 M €	+56.3%	808,4 k €	+142%	334,1 k €
Debts	13,3 M €	-1.4%	13,5 M €	+3.4%	13,1 M €	-10.7%	14,6 M €	-1.2%	14,8 M €	-12.6%	16,9 M €	+6.8%	15,8 M €	-15.5%	18,8 M €	-0.3%	18,8 M €	-8.5%	20,5 M €	-2.4%	21,1 M €	-7.6%	22,8 M €	+21.0%	18,8 M €	+129%	8,2 M €	-8.3%	9 M €	+19.8%	7,5 M €	-14.1%	8,7 M €	+0.2%	8,7 M €
Other
Workforce	509,3 ETP	-0.3%	510,7 ETP	+0.8%	506,5 ETP	-0.4%	508,3 ETP	+4.1%	488,5 ETP	+4.2%	468,7 ETP	+1.8%	460,6 ETP	-2.8%	473,9 ETP	+2.1%	464,0 ETP	+2.7%	451,6 ETP	+0.4%	450,0 ETP	+10.2%	408,3 ETP	-13.9%	474,1 ETP	+4.0%	455,8 ETP	+0.6%	453,3 ETP	+1.3%	447,7 ETP	+5.0%	426,5 ETP	+2.1%	417,8 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 8 active · 107 ended

Active mandates

Michel Van Gorp

Director · since 18 mars 2026 · until 17 mars 2030

Active

Karen Van Dyck

Director · since 17 octobre 2024 · until 31 mars 2028

Active

Ronny Ceusters

Director · since 01 avril 2022 · until 31 mars 2028

Active

Nicole Cabuy

Director · since 05 décembre 2019 · until 31 mars 2028

Active

Frank Helsloot

Director · since 20 mars 2019 · until 31 mars 2028

Active

Lut Luyten

Vice-chairman of the board of directors · since 20 mars 2019 · until 31 mars 2028

Active

Marc Bernaerts

Director · since 20 mars 2019 · until 31 mars 2028

Active

Marleen Peeters

Director · since 20 mars 2019 · until 26 mars 2031

Active

Ended mandates

Elhasbia Zayou

Director · since 26 mars 2025 · until 26 mars 2031

Ended

Luk Lemmens

Chairman of the board of directors · since 26 mars 2025 · until 26 mars 2031

Ended

Sarah Demartelaere

Director · since 26 mars 2025 · until 26 mars 2031

Ended

Ward Kennes

Director · since 26 mars 2025 · until 26 mars 2031

Ended

At this address

Other companies at this address

Company	CBE no.
ARBEIDSTRAJECTBEGELEIDINGSDIENST-REGIO ANTWERPEN 2● Liquidation	0461.463.147

Annual accounts

Full financial information

	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	11/06/2026	20/06/2025	19/06/2024	15/06/2023	19/07/2022	28/06/2021
General meeting	10/06/2026	18/06/2025	18/06/2024	14/06/2023	30/06/2022	25/06/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	10/06/2026	11/06/2026	Dutch	PDF
Full model	31/12/2024	18/06/2025	20/06/2025	Dutch	PDF
Full model	31/12/2023	18/06/2024	19/06/2024	Dutch	PDF
Full model	31/12/2022	14/06/2023	15/06/2023	Dutch	PDF
Full model	31/12/2021	30/06/2022	19/07/2022	Dutch	PDF
Full model	31/12/2020	25/06/2021	28/06/2021	Dutch	PDF
Full model	31/12/2019	30/06/2020	01/07/2020	Dutch	PDF
Full model	31/12/2018	17/06/2019	18/06/2019	Dutch	PDF
Full model	31/12/2017	29/03/2018	11/04/2018	Dutch	PDF
Full model	31/12/2016	30/03/2017	11/04/2017	Dutch	PDF
Full model	31/12/2015	14/04/2016	22/04/2016	Dutch	PDF
Full model	31/12/2014	02/04/2015	07/04/2015	Dutch	PDF
Full model	31/12/2013	03/04/2014	24/04/2014	Dutch	PDF
Full model	31/12/2012	19/03/2013	16/04/2013	Dutch	PDF
Full model	31/12/2011	27/03/2012	28/03/2012	Dutch	PDF
Full model	31/12/2010	31/03/2011	01/04/2011	Dutch	PDF
Full model	31/12/2009	01/04/2010	01/04/2010	Dutch	PDF
Full model	31/12/2008	02/04/2009	23/04/2009	Dutch	PDF
Full model	31/12/2007	10/04/2008	15/04/2008	Dutch	PDF
Full model	31/12/2006	29/03/2007	17/04/2007	Dutch	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 8 active · 107 ended

Active mandates

Michel Van Gorp

Director · since 18 mars 2026 · until 17 mars 2030

Active

Karen Van Dyck

Director · since 17 octobre 2024 · until 31 mars 2028

Active

Ronny Ceusters

Director · since 01 avril 2022 · until 31 mars 2028

Active

Nicole Cabuy

Director · since 05 décembre 2019 · until 31 mars 2028

Active

Frank Helsloot

Director · since 20 mars 2019 · until 31 mars 2028

Active

Lut Luyten

Vice-chairman of the board of directors · since 20 mars 2019 · until 31 mars 2028

Active

Marc Bernaerts

Director · since 20 mars 2019 · until 31 mars 2028

Active

Marleen Peeters

Director · since 20 mars 2019 · until 26 mars 2031

Active

Ended mandates

Elhasbia Zayou

Director · since 26 mars 2025 · until 26 mars 2031

Ended

Luk Lemmens

Chairman of the board of directors · since 26 mars 2025 · until 26 mars 2031

Ended

Sarah Demartelaere

Director · since 26 mars 2025 · until 26 mars 2031

Ended

Ward Kennes

Director · since 26 mars 2025 · until 26 mars 2031

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Other06/07/2026
—
PDF
Mandates10/04/2026
ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates22/04/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/01/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/11/2024
ONTSLAGEN - BENOEMINGEN
PDF
Other21/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates28/02/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/06/2022
ONTSLAGEN - BENOEMINGEN
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

2025
Annual accounts 20251,6 M €↑
26/03/2025
nominationLuk Lemmens — bestuurder
26/03/2025
nominationSarah Demartelaere — bestuurder
26/03/2025
nominationEduardus (Ward) Kennes — bestuurder
26/03/2025
nominationElhasbia Zayou — bestuurder
26/03/2025
reconductionErik De Quick — bestuurder
26/03/2025
reconductionMarleen Peeters — bestuurder
26/03/2025
nominationLuk Lemmens — voorzitter
2024
Annual accounts 20241,4 M €↑
17/10/2024
nominationMinnen Herman — bestuurder
17/10/2024
nominationVan Dyck Karen — bestuurder
2023
Annual accounts 2023865,3 k €↑
25/01/2023
nominationCVBA Foederer DFK Bedrijfsrevisoren — commissaris
25/01/2023
nominationTom Quittelier — vertegenwoordiger
2022
Annual accounts 2022101,8 k €↓
01/04/2022
reconductionCabuy Nicole — bestuurder
01/04/2022
reconductionLuyten Lutgardis — bestuurder
01/04/2022
reconductionOosters Steven — bestuurder
01/04/2022
reconductionBernaerts Marc — onafhankelijk bestuurder
01/04/2022
reconductionCeusters Ronny — onafhankelijk bestuurder
01/04/2022
reconductionHelsloot Frank — onafhankelijk bestuurder
2021
Annual accounts 2021504,7 k €↓
2019
Annual accounts 20191,8 M €↑
2018
Annual accounts 2018827,7 k €↑
2017
Annual accounts 2017577,4 k €↑
2016
Annual accounts 201617,9 k €↓
2015
Annual accounts 20151 M €↓
2014
Annual accounts 20141,1 M €↓
2013
Annual accounts 20132,6 M €↑
2012
Annual accounts 2012-1,6 M €↓
2011
Annual accounts 2011-6,5 k €↑
2010
Annual accounts 2010-410,2 k €↓
2009
Annual accounts 200929,9 k €↑
2008
Annual accounts 2008-655,1 k €↓
2007
Annual accounts 2007445,5 k €
07/05/1971
IncorporationNon-profit organization

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Het GielsBos

Overview

What does Het GielsBos do?

Trend over 18 financial years

Indicative valuation

Board of directors

Other companies at this address

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