ACTIVE

GF PROJECTS

Export PDF

Financial year 2025 · Closed on 31/12/2025

Net result-381,2 k €-412,4 %over 1 year

Gross margin-204,2 k €-236,4 %over 1 year

Equity2,2 M €-14,6 %over 1 year

Workforce0,0 ETP

Identity

Source · BCE/KBO

GF PROJECTS is a Public limited company incorporated in 1984. Its main activity is: Fund management activities. Its registered office is in Linter.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0425.343.911
Incorporation: 31/01/1984
Legal form: Public limited company
Registered office: Kasteelstraat(NRL) 12
3350 Linter · FlandreSee on map
Contributed capital: 62 000,00 €
Latest accounts: 31/12/2025
Average workforce: 0,0 ETP

Activities (NACE)

66300Fund management activities· main 66300Fund management activities 64200Activities of holding companies 64210Activities of holding companies 68201Rental and operating of own or leased real estate 68201Rental and operating of own or leased real estate+4

Joint committees (1)

Signals

Solid equityGood liquidity

Financials

Source · NBB, 21 filings

Trend over 18 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	-204,2 k €	-236%	149,7 k €	+335%	34,4 k €	+424%	-10,6 k €	+51.6%	-22 k €
EBITDA	-256,6 k €	-292%	133,3 k €	+509%	21,9 k €	+232%	-16,6 k €	+42.7%	-29 k €
Operating result	-374,6 k €	-16820%	2,2 k €	+126%	-8,5 k €	+90.4%	-89,2 k €	-27.2%	-70,1 k €
Net result	-381,2 k €	-412%	-74,4 k €	-202%	73,2 k €	-21.4%	93,2 k €	+233%	-69,9 k €
Balance sheet
Equity	2,2 M €	-14.6%	2,6 M €	-2.8%	2,7 M €	+2.8%	2,6 M €	+3.7%	2,5 M €
Total assets	5,6 M €	-10.7%	6,2 M €	+1.2%	6,2 M €	+18.8%	5,2 M €	+31.4%	4 M €
Cash	63,1 k €	+194%	21,4 k €	-14.5%	25,1 k €	-0.1%	25,1 k €	+15.9%	21,7 k €
Debts	2,4 M €	-7.7%	2,6 M €	+7.4%	2,5 M €	+16.7%	2,1 M €	+125%	933 k €
Other
Workforce	0,0 ETP		0,0 ETP		0,0 ETP		–		–

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Brigitta Thiry	Managing director04/06/2021 → 01/06/2029
Freddy Van den Veegaete	Managing director19/10/2006 → 01/06/2029Director19/10/2006 → 2008 accountsended
HOTINVEST0473.588.543Represented by Gerald Van den Veegaete	Director03/12/2002 → 01/06/2029

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
GERALD VAN DEN VEEGAETE	Director21/08/2014 → 2019 accounts
BRIGITTE THIRY	Managing director01/06/2012 → 01/06/2018Director19/10/2006 → 2012 accounts

Other companies at this address

Kasteelstraat(NRL) 12 3350 Linter

Company	CBE no.
Archivega Architectenbureau● Active	0887.365.106
HOTINVEST● Active	0473.588.543
M.D. Plus● Active	0452.200.340

Full financial information

Source · NBB

	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	30/09/2026	28/08/2025	13/09/2024	06/07/2023	30/08/2022	31/08/2021
General meeting	23/09/2026	27/06/2025	28/06/2024	30/06/2023	03/06/2022	04/06/2021
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

Financial ratios

Source · NBB

Looking for more information about this company?

Try for free

Annual accounts filings

Source · NBB, 21 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	23/09/2026	30/09/2026	Dutch	PDF
Abridged model	31/12/2024	27/06/2025	28/08/2025	Dutch	PDF
Abridged model	31/12/2023	28/06/2024	13/09/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	06/07/2023	Dutch	PDF
Abridged model	31/12/2021	03/06/2022	30/08/2022	Dutch	PDF
Abridged model	31/12/2020	04/06/2021	31/08/2021	Dutch	PDF
Micro model	31/12/2019	05/06/2020	10/11/2020	Dutch	PDF
Micro model	31/12/2018	07/06/2019	31/08/2019	Dutch	PDF
Micro modelCorrection	31/12/2017	01/06/2018	10/11/2020	Dutch	PDF
Micro model	31/12/2017	01/06/2018	31/08/2018	Dutch	PDF
Micro model	31/12/2016	02/06/2017	31/08/2017	Dutch	PDF
Abridged model	31/12/2015	03/06/2016	31/08/2016	Dutch	PDF
Abridged model	31/12/2014	05/06/2015	31/08/2015	Dutch	PDF
Abridged model	31/12/2013	06/06/2014	31/08/2014	Dutch	PDF
Abridged model	31/12/2012	07/06/2013	31/08/2013	Dutch	PDF
Abridged model	31/12/2011	26/09/2012	28/11/2012	Dutch	PDF
Abridged model	31/12/2010	26/08/2011	31/08/2011	Dutch	PDF
Abridged model	31/12/2009	07/09/2010	17/09/2010	Dutch	PDF
Abridged model	31/12/2008	05/06/2009	21/10/2009	Dutch	PDF
Abridged model	31/12/2007	21/08/2008	28/08/2008	Dutch	PDF
Abridged model	31/12/2006	21/09/2007	03/10/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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

3 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Brigitta Thiry	Managing director04/06/2021 → 01/06/2029
Freddy Van den Veegaete	Managing director19/10/2006 → 01/06/2029Director19/10/2006 → 2008 accountsended
HOTINVEST0473.588.543Represented by Gerald Van den Veegaete	Director03/12/2002 → 01/06/2029

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
GERALD VAN DEN VEEGAETE	Director21/08/2014 → 2019 accounts
BRIGITTE THIRY	Managing director01/06/2012 → 01/06/2018Director19/10/2006 → 2012 accounts

Ownership and network

Looking for more information about this company?

Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette

Restructuring14/08/2023
DOEL - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring23/06/2023
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates19/10/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/01/2018
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares10/01/2012
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates18/06/2010
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/04/2010
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/09/2008
ONTSLAGEN - BENOEMINGEN
PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings18 filings

Mandates

HOTINVEST

Brigitta Thiry

Freddy Van den Veegaete

GERALD VAN DEN VEEGAETE

BRIGITTE THIRY

1984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026202720282029

GF PROJECTS

Kasteelstraat(NRL) 12, 3350 Linter

Director

Managing director

Managing directorDirector

Director

Managing directorDirector

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Kasteelstraat(NRL) 12, 3350 LinterCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00536964

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
GF PROJECTSCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00536964

Events

2025
Annual accounts 2025-381,2 k €↓
2024
Annual accounts 2024-74,4 k €↓
2023
Annual accounts 202373,2 k €↓
2022
Annual accounts 202293,2 k €↑
2021
Annual accounts 2021-69,9 k €↓
2019
Annual accounts 201971,3 k €↓
2018
Annual accounts 20181,8 M €↑
2017
Annual accounts 201738,3 k €↑
2016
Annual accounts 20168,4 k €↓
2015
Annual accounts 201514,3 k €↓
2014
Annual accounts 201427,1 k €↑
2013
Annual accounts 201312,1 k €↓
2012
Annual accounts 201249,1 k €↑
2011
Annual accounts 20114 k €↓
2010
Annual accounts 201023,2 k €↓
2009
Annual accounts 200950,2 k €↓
2008
Annual accounts 2008243,5 k €↑
2006
Annual accounts 2006108 k €
31/01/1984
IncorporationPublic limited company

GF PROJECTS

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events