ACTIVE

GEURS

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Financial year 2025 · closed on 31/12/2025

Net result

-96,7 k €

-304.1% YoY

Gross margin

243,6 k €

-48.5% YoY

Equity

82,9 k €

-53.8% YoY

Workforce

5,4 ETP

-22.9% YoY

What does GEURS do?

GEURS is a Private limited company incorporated in 1983. Its main activity is: Construction of buildings. Its registered office is in Gent. It employs on average 5,4 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0424.299.279

Incorporation

25/05/1983

Legal form

Private limited company

Registered office

Halewijnstraat 58
9031 Gent · FlandreSee on map

Contributed capital

18 592,01 €

Latest accounts

31/12/2025

Average workforce

5,4 ETP

Activities (NACE)

41001Construction of buildings· main 41201Construction of residential and non-residential buildings 45211Maintenance and repair of motor vehicles 45212Maintenance and repair of motor vehicles 43331Floor and wall covering 43331Floor and wall covering+1

Joint committees (3)

Signals

Healthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	243,6 k €	-48.5%	472,9 k €	+13.3%	417,4 k €	+13.4%	368,3 k €	+31.1%	280,9 k €	-31.1%	407,8 k €	-6.6%	436,7 k €	+11.0%	393,5 k €	-6.7%	421,8 k €	+19.6%	352,8 k €	-1.9%	359,6 k €	-26.4%	488,3 k €	+72.4%	283,2 k €	-12.8%	324,7 k €	-22.1%	417 k €	+14.7%	363,5 k €	-28.4%	507,7 k €	+17.5%	432,1 k €	+8.8%	397,2 k €	+34.3%	295,9 k €
EBITDA	-58,5 k €	-155%	107,2 k €	+26.6%	84,7 k €	+25.8%	67,3 k €	+366%	-25,3 k €	-134%	75,2 k €	-1.3%	76,2 k €	+17.5%	64,9 k €	-41.3%	110,4 k €	+343%	24,9 k €	+323%	-11,2 k €	-112%	91,6 k €	+372%	-33,7 k €	-1687%	-1,9 k €	-102%	99,7 k €	-0.9%	100,5 k €	-35.2%	155,2 k €	+38.3%	112,2 k €	+31.0%	85,7 k €	+6083%	-1,4 k €
Operating result	-94,3 k €	-238%	68,4 k €	+24.6%	54,9 k €	+103%	27 k €	+135%	-77,1 k €	-376%	28 k €	-5.8%	29,7 k €	+56.8%	19 k €	-77.9%	85,8 k €	+464%	15,2 k €	+207%	-14,2 k €	-119%	74,2 k €	+220%	-62 k €	-44.6%	-42,9 k €	-177%	56,1 k €	-25.1%	74,9 k €	-27.0%	102,6 k €	+24.4%	82,4 k €	+58.3%	52,1 k €	+225%	-41,5 k €
Net result	-96,7 k €	-304%	47,4 k €	-1.5%	48,1 k €	+88.3%	25,5 k €	+132%	-80,1 k €	-865%	10,5 k €	-46.7%	19,6 k €	+116%	9,1 k €	-88.1%	76,3 k €	+270%	20,6 k €	+192%	-22,4 k €	-132%	68,9 k €	+203%	-66,8 k €	-52.1%	-43,9 k €	-226%	34,8 k €	-33.5%	52,3 k €	-25.7%	70,3 k €	+23.9%	56,8 k €	+21.5%	46,7 k €	+208%	-43,2 k €
Balance sheet
Equity	82,9 k €	-53.8%	179,6 k €	-46.6%	336,3 k €	+16.7%	288,2 k €	+9.7%	262,7 k €	-34.8%	402,8 k €	+2.7%	392,4 k €	+5.3%	372,7 k €	+2.5%	363,6 k €	+14.6%	317,4 k €	+7.0%	296,7 k €	-7.0%	319,1 k €	+27.5%	250,2 k €	-26.9%	342 k €	-11.4%	385,9 k €	+9.9%	351,2 k €	+17.5%	298,9 k €	+30.8%	228,6 k €	+33.0%	171,8 k €	-20.1%	215,1 k €
Total assets	296,6 k €	-48.9%	580,2 k €	+40.5%	413 k €	+20.9%	341,7 k €	-10.1%	380 k €	-26.2%	514,7 k €	-0.8%	518,8 k €	+1.0%	513,8 k €	+6.1%	484,2 k €	+39.6%	346,8 k €	+0.7%	344,5 k €	-11.6%	389,6 k €	+30.6%	298,3 k €	-30.9%	431,5 k €	-9.1%	474,7 k €	+7.4%	442 k €	+2.1%	433,1 k €	+1.6%	426,3 k €	+29.3%	329,7 k €	+10.4%	298,8 k €
Cash	75,8 k €	-71.1%	262,8 k €	+149%	105,7 k €	+9.5%	96,5 k €	+14.7%	84,1 k €	-59.3%	206,7 k €	-9.6%	228,6 k €	+19.8%	190,8 k €	+1.3%	188,3 k €	-8.0%	204,6 k €	+17.1%	174,7 k €	+1.1%	172,8 k €	+10.5%	156,5 k €	-20.6%	197,1 k €	+3.2%	191 k €	-33.7%	288,1 k €	+89.3%	152,2 k €	-14.2%	177,3 k €	+36.0%	130,3 k €	+602%	18,6 k €
Debts	209 k €	-47.8%	400,5 k €	+423%	76,6 k €	+43.5%	53,4 k €	-54.5%	117,2 k €	+15.1%	101,9 k €	-12.5%	116,4 k €	-17.5%	141,1 k €	+17.1%	120,6 k €	+310%	29,4 k €	-38.4%	47,8 k €	-28.8%	67,2 k €	+39.5%	48,1 k €	-46.2%	89,5 k €	+0.9%	88,7 k €	-2.4%	90,9 k €	-9.6%	100,5 k €	-42.8%	175,7 k €	+29.7%	135,5 k €	+121%	61,3 k €
Other
Workforce	5,4 ETP	-22.9%	7,0 ETP	0.0%	7,0 ETP	0.0%	7,0 ETP	+1.4%	6,9 ETP	-14.8%	8,1 ETP	-10.0%	9,0 ETP		–		–		–		8,8 ETP	-2.2%	9,0 ETP	+9.8%	8,2 ETP	+6.5%	7,7 ETP	-8.3%	8,4 ETP	+7.7%	7,8 ETP	-6.0%	8,3 ETP	+5.1%	7,9 ETP	-3.7%	8,2 ETP	-3.5%	8,5 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 5 ended

Active mandates

Rik Geurs

Director · since 01 juin 2025

Active

Wim Pesant

Director · since 01 juin 2025

Active

Gilbert Geurs

Director · since 25 mai 1983

Active

Ended mandates

Patrick Geurs

Director · since 31 janvier 1985 · until 01 juin 2025

Ended

Gilbert Geurs

Director

Ended

Gilbert Geurs

Manager

Ended

Patrick Geurs

Director

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	31/08/2026	25/07/2025	24/07/2024	08/07/2023	02/07/2022	26/05/2021
General meeting	30/06/2026	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/04/2021
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
Abridged model	31/12/2025	30/06/2026	31/08/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	25/07/2025	Dutch	PDF
Abridged model	31/12/2023	30/06/2024	24/07/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	08/07/2023	Dutch	PDF
Abridged model	31/12/2021	30/06/2022	02/07/2022	Dutch	PDF
Abridged model	31/12/2020	30/04/2021	26/05/2021	Dutch	PDF
Abridged model	31/12/2019	30/04/2020	08/06/2020	Dutch	PDF
Micro model	31/12/2018	30/04/2019	18/06/2019	Dutch	PDF
Micro model	31/12/2017	30/04/2018	22/05/2018	Dutch	PDF
Micro model	31/12/2016	30/04/2017	01/07/2017	Dutch	PDF
Abridged model	31/12/2015	30/04/2016	30/06/2016	Dutch	PDF
Abridged model	31/12/2014	30/04/2015	22/05/2015	Dutch	PDF
Abridged model	31/12/2013	30/04/2014	28/05/2014	Dutch	PDF
Abridged model	31/12/2012	30/04/2013	29/05/2013	Dutch	PDF
Abridged model	31/12/2011	30/04/2012	16/05/2012	Dutch	PDF
Abridged model	31/12/2010	30/04/2011	20/05/2011	Dutch	PDF
Abridged model	31/12/2009	30/04/2010	04/05/2010	Dutch	PDF
Abridged model	31/12/2008	30/04/2009	29/05/2009	Dutch	PDF
Abridged model	31/12/2007	21/05/2008	19/06/2008	Dutch	PDF
Abridged model	31/12/2006	30/04/2007	02/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 · 3 active · 5 ended

Active mandates

Rik Geurs

Director · since 01 juin 2025

Active

Wim Pesant

Director · since 01 juin 2025

Active

Gilbert Geurs

Director · since 25 mai 1983

Active

Ended mandates

Patrick Geurs

Director · since 31 janvier 1985 · until 01 juin 2025

Ended

Gilbert Geurs

Director

Ended

Gilbert Geurs

Manager

Ended

Patrick Geurs

Director

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates07/07/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/05/2021
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares30/12/2013
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares10/12/2007
KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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 2025-96,7 k €↓
2024
Annual accounts 202447,4 k €↓
2023
Annual accounts 202348,1 k €↑
2022
Annual accounts 202225,5 k €↑
2021
Annual accounts 2021-80,1 k €↓
2020
Annual accounts 202010,5 k €↓
2019
Annual accounts 201919,6 k €↑
2018
Annual accounts 20189,1 k €↓
2017
Annual accounts 201776,3 k €↑
2016
Annual accounts 201620,6 k €↑
2015
Annual accounts 2015-22,4 k €↓
2014
Annual accounts 201468,9 k €↑
2013
Annual accounts 2013-66,8 k €↓
2012
Annual accounts 2012-43,9 k €↓
2011
Annual accounts 201134,8 k €↓
2010
Annual accounts 201052,3 k €↓
2009
Annual accounts 200970,3 k €↑
2008
Annual accounts 200856,8 k €↑
2007
Annual accounts 200746,7 k €↑
2006
Annual accounts 2006-43,2 k €
25/05/1983
IncorporationPrivate limited company

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

GEURS

Overview

What does GEURS do?

Trend over 20 financial years

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