ACTIVE

GS1 Belgium & Luxembourg

Financial year 2025 · closed on 31/12/2025
Net result
707,6 k €
-28.6% YoY
Gross margin
5,5 M €
+6.9% YoY
Equity
5,7 M €
+14.1% YoY
Workforce
46,9 ETP
+6.1% YoY

What does GS1 Belgium & Luxembourg do?

GS1 Belgium & Luxembourg is a Non-profit organization incorporated in 1978. Its registered office is in Bruxelles. It employs on average 46,9 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0418.233.415
Incorporation
17/01/1978
Legal form
Non-profit organization
Registered office
Galerie Ravenstein 4 box 10
1000 Bruxelles · BruxellesSee on map
Latest accounts
31/12/2025
Average workforce
46,9 ETP
Joint committees (1)
  • 337
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220212020201920182017201620152014201320122011201020092008
Income statement
Gross margin5,5 M €5,2 M €4,2 M €3,7 M €
EBITDA630,7 k €856,5 k €238,1 k €229,5 k €-63,8 k €-196,1 k €-773,8 k €222,2 k €926,0 k €127,1 k €-310,9 k €-136,5 k €160,2 k €667,4 k €640,9 k €177,2 k €249,6 k €-13,7 k €
Operating result531,1 k €754,3 k €135,5 k €137,1 k €-161,9 k €-247,4 k €-856,9 k €170,9 k €876,0 k €75,4 k €-393,1 k €-265,0 k €7,6 k €551,8 k €589,5 k €149,2 k €222,5 k €-36,2 k €
Net result707,6 k €991,5 k €451,2 k €40,0 k €-114,7 k €-177,0 k €-806,1 k €131,9 k €1,4 M €104,8 k €-388,7 k €-235,7 k €200,8 k €552,8 k €671,6 k €165,8 k €363,8 k €3,8 k €
Balance sheet
Equity5,7 M €5,0 M €4,0 M €3,6 M €3,5 M €3,6 M €3,8 M €4,6 M €4,5 M €3,1 M €3,0 M €3,4 M €3,6 M €3,4 M €2,8 M €2,2 M €2,0 M €1,6 M €
Total assets6,8 M €6,2 M €5,5 M €4,6 M €5,5 M €5,4 M €5,3 M €5,9 M €5,5 M €3,9 M €3,7 M €4,1 M €4,3 M €3,9 M €3,4 M €2,6 M €2,4 M €1,9 M €
Cash2,9 M €2,6 M €2,0 M €1,1 M €2,3 M €3,0 M €3,1 M €4,0 M €4,0 M €2,0 M €1,9 M €2,3 M €2,3 M €2,1 M €1,9 M €1,2 M €526,3 k €120,3 k €
Debts1,0 M €1,1 M €1,3 M €879,5 k €1,8 M €1,7 M €1,4 M €1,3 M €974,7 k €798,2 k €772,2 k €711,5 k €701,2 k €528,9 k €476,6 k €424,8 k €422,8 k €304,4 k €
Other
Workforce46,9 ETP44,2 ETP44,1 ETP43,6 ETP42,6 ETP34,7 ETP29,5 ETP30,1 ETP27,6 ETP23,7 ETP22,4 ETP19,0 ETP18,3 ETP18,6 ETP16,2 ETP12,9 ETP10,5 ETP9,7 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 21 active · 261 ended

Active mandates

Belgilux Association Of Branded Products Manufacturers

Director · since 29 avril 2025 · until 30 juin 2028 · 0453.812.619

Represented by Katrijn Roeland

Active
COCA-COLA EUROPACIFIC PARTNERS BELGIUM

Director · since 29 avril 2025 · until 30 juin 2028 · 0425.071.420

Represented by Hilde De Geest

Active
Colruyt Group

Director · since 29 avril 2025 · until 30 juin 2028 · 0400.378.485

Represented by Annick Mievis

Active
HENKEL BELGIUM OPERATIONS

Director · since 29 avril 2025 · until 30 juin 2028 · 0442.619.809

Represented by Chris Van Daele

Active
Janssen Pharmaceutica

Director · since 29 avril 2025 · until 30 juin 2028 · 0403.834.160

Represented by Kobe Naessens

Active
Menouquin

Director · since 29 avril 2025 · until 30 juin 2028 · 0401.905.939

Represented by Didier Bogaert

Active
Delhaize Le Lion/De Leeuw

Director · since 18 avril 2024 · until 30 avril 2027 · 0402.206.045

Represented by Dimitri De Negri

Active
FEDERATION DE L'INDUSTRIE ALIMENTAIRE - FEDERATIE VOEDINGSINDUSTRIE

Director · since 18 avril 2024 · until 30 avril 2027 · 0407.840.953

Represented by Marie Daeninck

Active
Hubo België

Director · since 18 avril 2024 · until 30 avril 2027 · 0411.982.457

Represented by Marc Henkens

Active
PROCTER and GAMBLE DISTRIBUTION COMPANY (Europe)

Director · since 18 avril 2024 · until 30 avril 2027 · 0458.138.225

Represented by Wouter Schaekers

Active
UNILEVER BELGIUM

Director · since 18 avril 2024 · until 30 avril 2027 · 0438.390.312

Represented by Rob De Keyser

Active
Versele-Laga

Director · since 18 avril 2024 · until 30 avril 2027 · 0424.901.669

Represented by Koen Vandenabeele

Active
AKZO NOBEL PAINTS BELGIUM

Director · since 18 avril 2023 · until 02 avril 2026 · 0405.746.050

Represented by Nicole Van den Block

Active
BRICO BELGIUM

Director · since 18 avril 2023 · until 02 avril 2026 · 0427.572.733

Represented by Xavier Verbeeck

Active
CARREFOUR BELGIUM

Director · since 18 avril 2023 · until 02 avril 2026 · 0448.826.918

Represented by Vincent De Hertogh

Active
FEDERATION BELGE DU COMMERCE ET DES SERVICES

Director · since 18 avril 2023 · until 02 avril 2026 · 0407.150.471

Represented by Kristof Delhez

Active
Katholieke Universiteit te Leuven

Director · since 18 avril 2023 · until 02 avril 2026 · 0419.052.173

Represented by Thomas De Rijdt

Active
LAMBRECHTS

Director · since 18 avril 2023 · until 02 avril 2026 · 0439.130.282

Represented by Raf Lambrechts

Active
Nestlé Belgilux

Director · since 18 avril 2023 · until 02 avril 2026 · 0402.231.383

Represented by Alexis Caudron

Active
Sligro Food Group Belgium

Director · since 18 avril 2023 · until 29 avril 2025 · 0638.787.362

Represented by Wim Heylen

Active
What's Cooking Group

Director · since 23 mai 2022 · until 29 avril 2025 · 0421.364.139

Represented by Dirk Baeyens

Active

Ended mandates

AKZO NOBEL PAINTS BELGIUM

Director · since 18 avril 2023 · until 30 juin 2026 · 0405.746.050

Represented by Nicole Van den Block

Ended
BRICO BELGIUM

Director · since 18 avril 2023 · until 30 juin 2026 · 0427.572.733

Represented by Xavier Verbeeck

Ended
CARREFOUR BELGIUM

Director · since 18 avril 2023 · until 30 juin 2026 · 0448.826.918

Represented by Vincent De Hertogh

Ended
FEDERATION BELGE DU COMMERCE ET DES SERVICES

Director · since 18 avril 2023 · until 30 juin 2026 · 0407.150.471

Represented by Wim Van Edom

Ended
At this address

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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelFull modelFull 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 date15/04/202620/05/202510/05/202403/05/202325/05/202218/06/2021
General meeting02/04/202629/04/202518/04/202418/04/202321/04/202228/04/2021
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

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202502/04/202615/04/2026DutchPDF
Abridged model31/12/202429/04/202520/05/2025DutchPDF
Abridged model31/12/202318/04/202410/05/2024DutchPDF
Abridged model31/12/202218/04/202303/05/2023DutchPDF
Full model31/12/202121/04/202225/05/2022DutchPDF
Full model31/12/202028/04/202118/06/2021DutchPDF
Full model31/12/201928/04/202005/05/2020DutchPDF
Full model31/12/201825/04/201914/05/2019DutchPDF
Full model31/12/201723/04/201828/06/2018DutchPDF
Full model31/12/201620/04/201725/04/2017DutchPDF
Full model31/12/201508/03/201611/03/2016DutchPDF
Full model31/12/201410/03/201513/03/2015DutchPDF
Full model31/12/201325/03/201403/04/2014DutchPDF
Full model31/12/201212/03/201329/03/2013DutchPDF
Full model31/12/201113/03/201229/03/2012DutchPDF
Full model31/12/201015/03/201131/03/2011DutchPDF
Full model31/12/200916/03/201015/04/2010DutchPDF
Full model31/12/200817/03/200916/04/2009DutchPDF
Full model31/12/200718/03/200818/06/2008DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 · 21 active · 261 ended

Active mandates

Belgilux Association Of Branded Products Manufacturers

Director · since 29 avril 2025 · until 30 juin 2028 · 0453.812.619

Represented by Katrijn Roeland

Active
COCA-COLA EUROPACIFIC PARTNERS BELGIUM

Director · since 29 avril 2025 · until 30 juin 2028 · 0425.071.420

Represented by Hilde De Geest

Active
Colruyt Group

Director · since 29 avril 2025 · until 30 juin 2028 · 0400.378.485

Represented by Annick Mievis

Active
HENKEL BELGIUM OPERATIONS

Director · since 29 avril 2025 · until 30 juin 2028 · 0442.619.809

Represented by Chris Van Daele

Active
Janssen Pharmaceutica

Director · since 29 avril 2025 · until 30 juin 2028 · 0403.834.160

Represented by Kobe Naessens

Active
Menouquin

Director · since 29 avril 2025 · until 30 juin 2028 · 0401.905.939

Represented by Didier Bogaert

Active
Delhaize Le Lion/De Leeuw

Director · since 18 avril 2024 · until 30 avril 2027 · 0402.206.045

Represented by Dimitri De Negri

Active
FEDERATION DE L'INDUSTRIE ALIMENTAIRE - FEDERATIE VOEDINGSINDUSTRIE

Director · since 18 avril 2024 · until 30 avril 2027 · 0407.840.953

Represented by Marie Daeninck

Active
Hubo België

Director · since 18 avril 2024 · until 30 avril 2027 · 0411.982.457

Represented by Marc Henkens

Active
PROCTER and GAMBLE DISTRIBUTION COMPANY (Europe)

Director · since 18 avril 2024 · until 30 avril 2027 · 0458.138.225

Represented by Wouter Schaekers

Active
UNILEVER BELGIUM

Director · since 18 avril 2024 · until 30 avril 2027 · 0438.390.312

Represented by Rob De Keyser

Active
Versele-Laga

Director · since 18 avril 2024 · until 30 avril 2027 · 0424.901.669

Represented by Koen Vandenabeele

Active
AKZO NOBEL PAINTS BELGIUM

Director · since 18 avril 2023 · until 02 avril 2026 · 0405.746.050

Represented by Nicole Van den Block

Active
BRICO BELGIUM

Director · since 18 avril 2023 · until 02 avril 2026 · 0427.572.733

Represented by Xavier Verbeeck

Active
CARREFOUR BELGIUM

Director · since 18 avril 2023 · until 02 avril 2026 · 0448.826.918

Represented by Vincent De Hertogh

Active
FEDERATION BELGE DU COMMERCE ET DES SERVICES

Director · since 18 avril 2023 · until 02 avril 2026 · 0407.150.471

Represented by Kristof Delhez

Active
Katholieke Universiteit te Leuven

Director · since 18 avril 2023 · until 02 avril 2026 · 0419.052.173

Represented by Thomas De Rijdt

Active
LAMBRECHTS

Director · since 18 avril 2023 · until 02 avril 2026 · 0439.130.282

Represented by Raf Lambrechts

Active
Nestlé Belgilux

Director · since 18 avril 2023 · until 02 avril 2026 · 0402.231.383

Represented by Alexis Caudron

Active
Sligro Food Group Belgium

Director · since 18 avril 2023 · until 29 avril 2025 · 0638.787.362

Represented by Wim Heylen

Active
What's Cooking Group

Director · since 23 mai 2022 · until 29 avril 2025 · 0421.364.139

Represented by Dirk Baeyens

Active

Ended mandates

AKZO NOBEL PAINTS BELGIUM

Director · since 18 avril 2023 · until 30 juin 2026 · 0405.746.050

Represented by Nicole Van den Block

Ended
BRICO BELGIUM

Director · since 18 avril 2023 · until 30 juin 2026 · 0427.572.733

Represented by Xavier Verbeeck

Ended
CARREFOUR BELGIUM

Director · since 18 avril 2023 · until 30 juin 2026 · 0448.826.918

Represented by Vincent De Hertogh

Ended
FEDERATION BELGE DU COMMERCE ET DES SERVICES

Director · since 18 avril 2023 · until 30 juin 2026 · 0407.150.471

Represented by Wim Van Edom

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates22/12/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/05/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other13/05/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates26/03/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other22/03/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other22/03/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates05/09/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/08/2022
    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

Timeline

  1. 2025
    Annual accounts 2025707,6 k €
  2. 2024
    Annual accounts 2024991,5 k €
  3. 2023
    Annual accounts 2023451,2 k €
  4. 2022
    Annual accounts 202240,0 k €
  5. 2021
    Annual accounts 2021-114,7 k €
  6. 2020
    Annual accounts 2020-177,0 k €
  7. 2019
    Annual accounts 2019-806,1 k €
  8. 2018
    Annual accounts 2018131,9 k €
  9. 2017
    Annual accounts 20171,4 M €
  10. 2016
    Annual accounts 2016104,8 k €
  11. 2015
    Annual accounts 2015-388,7 k €
  12. 2014
    Annual accounts 2014-235,7 k €
  13. 2013
    Annual accounts 2013200,8 k €
  14. 2012
    Annual accounts 2012552,8 k €
  15. 2011
    Annual accounts 2011671,6 k €
  16. 2010
    Annual accounts 2010165,8 k €
  17. 2009
    Annual accounts 2009363,8 k €
  18. 2008
    Annual accounts 20083,8 k €
  19. 17/01/1978
    IncorporationNon-profit organization