ACTIVE

GELAPHAR

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Financial year 2025 · closed on 31/12/2025

Net result

65,2 k €

+7.6% YoY

Gross margin

268,5 k €

+29.2% YoY

Equity

437,2 k €

+17.5% YoY

Workforce

1,9 ETP

+58.3% YoY

What does GELAPHAR do?

GELAPHAR is a Private limited company incorporated in 1985. Its registered office is in Voeren. It employs on average 1,9 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0426.709.631

Incorporation

01/01/1985

Legal form

Private limited company

Registered office

Rue du Couvent 7
3798 Voeren · FlandreSee on map

Contributed capital

61 973,38 €

Latest accounts

31/12/2025

Average workforce

1,9 ETP

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy 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	268,5 k €	+29.2%	207,8 k €	+18.9%	174,8 k €	-14.9%	205,5 k €	+10.1%	186,6 k €	+58.6%	117,6 k €	-21.5%	149,9 k €	-3.5%	155,4 k €	-4.8%	163,2 k €	-11.0%	183,3 k €	-4.6%	192,2 k €	+2.9%	186,7 k €	-5.8%	198,2 k €	+27.8%	155 k €	+5.9%	146,4 k €	-14.5%	171,2 k €	+8.4%	157,9 k €	-11.9%	179,2 k €	+36.1%	131,7 k €	+21.6%	108,3 k €
EBITDA	129,1 k €	+2.9%	125,5 k €	+12.3%	111,8 k €	-16.6%	134 k €	+7.4%	124,7 k €	+124%	55,6 k €	-33.8%	84 k €	+117%	38,7 k €	-37.4%	61,7 k €	-22.5%	79,7 k €	-9.4%	88 k €	+17.9%	74,6 k €	-15.8%	88,6 k €	+106%	43 k €	-8.9%	47,1 k €	-28.5%	65,9 k €	+1.6%	64,8 k €	-41.9%	111,7 k €	+48.4%	75,2 k €	+50.8%	49,9 k €
Operating result	95 k €	+5.3%	90,2 k €	+7.0%	84,3 k €	-22.5%	108,8 k €	+4.0%	104,6 k €	+235%	31,2 k €	-48.0%	60,1 k €	+436%	11,2 k €	-53.3%	24 k €	-10.1%	26,7 k €	-31.6%	39,1 k €	+50.8%	25,9 k €	+2.3%	25,3 k €	+195%	-26,7 k €	-12.4%	-23,8 k €	-3661%	-631,6 €	+78.7%	-3 k €	-107%	44,8 k €	+66.5%	26,9 k €	+54.9%	17,4 k €
Net result	65,2 k €	+7.6%	60,6 k €	+6.3%	57 k €	-27.9%	79,1 k €	+4.5%	75,7 k €	+246%	21,8 k €	-42.5%	38 k €	+3071%	1,2 k €	-97.3%	45 k €	+0.9%	44,6 k €	-30.2%	63,9 k €	+11.4%	57,3 k €	+31.9%	43,5 k €	+341%	-18 k €	-33.3%	-13,5 k €	-730%	2,1 k €	+119%	-11,2 k €	-127%	41,1 k €	-3.2%	42,4 k €	+60.7%	26,4 k €
Balance sheet
Equity	437,2 k €	+17.5%	371,9 k €	+19.5%	311,3 k €	+22.4%	254,3 k €	-7.6%	275,2 k €	+37.9%	199,6 k €	+12.3%	177,7 k €	+27.2%	139,8 k €	+0.8%	138,7 k €	+0.1%	138,5 k €	+0.1%	138,4 k €	+0.1%	138,3 k €	+4.0%	133 k €	+48.5%	89,5 k €	-16.7%	107,5 k €	-11.2%	121,1 k €	+1.8%	118,9 k €	-8.6%	130,1 k €	+4.9%	124,1 k €	+2.0%	121,6 k €
Total assets	774,1 k €	+7.1%	722,8 k €	+4.6%	691,2 k €	+5.7%	653,7 k €	+23.1%	531,2 k €	+15.4%	460,1 k €	+7.3%	428,9 k €	-10.4%	478,6 k €	-8.7%	524,2 k €	-0.0%	524,4 k €	-7.4%	566,3 k €	-8.1%	616,5 k €	-5.4%	652 k €	-1.9%	664,4 k €	-12.9%	762,6 k €	+0.9%	755,8 k €	-8.6%	826,9 k €	-5.5%	875,2 k €	+18.7%	737,1 k €	+11.1%	663,5 k €
Cash	210,1 k €	+25.1%	168 k €	+63.5%	102,7 k €	-41.1%	174,5 k €	+73.0%	100,9 k €	+52.9%	66 k €	+28.0%	51,6 k €	-37.5%	82,6 k €	-18.1%	100,8 k €	+22.4%	82,3 k €	+1.0%	81,5 k €	+112%	38,5 k €	-30.6%	55,5 k €	+19.7%	46,3 k €	+56.7%	29,6 k €	-48.4%	57,4 k €	-10.0%	63,7 k €	+5.6%	60,3 k €	+129%	26,3 k €	-75.9%	109,2 k €
Debts	333,1 k €	-3.7%	345,9 k €	-7.9%	375,6 k €	-5.5%	397,3 k €	+56.3%	254,2 k €	-1.7%	258,7 k €	+4.8%	246,8 k €	-26.1%	334 k €	-12.8%	382,9 k €	+0.1%	382,3 k €	-10.4%	426,7 k €	-10.2%	475,4 k €	-8.1%	517,3 k €	-9.6%	572,3 k €	-12.5%	653,7 k €	+3.1%	633,9 k €	-10.3%	706,9 k €	-5.0%	744,1 k €	+21.5%	612,6 k €	+13.2%	541 k €
Other
Workforce	1,9 ETP	+58.3%	1,2 ETP	-14.3%	1,4 ETP	-12.5%	1,6 ETP	-5.9%	1,7 ETP	+13.3%	1,5 ETP		–		–		1,5 ETP	0.0%	1,5 ETP	0.0%	1,5 ETP	0.0%	1,5 ETP	-21.1%	1,9 ETP	+11.8%	1,7 ETP	+6.2%	1,6 ETP	-5.9%	1,7 ETP	+13.3%	1,5 ETP	+7.1%	1,4 ETP	+75.0%	0,8 ETP	-20.0%	1,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 5 ended

Active mandates

KRAUSCH AURELIE MANAGEMENT

Director · since 01 janvier 2006 · 0878.525.436

Represented by Aurélie CHARPENTIER

Active

Ended mandates

KRAUSCH AURELIE MANAGEMENT

Manager · since 01 janvier 2006 · 0878.525.436

Represented by Aurélie CHARPENTIER

Ended

KRAUSCH AURELIE MANAGEMENT

Director · since 01 janvier 2006 · 0878.525.436

Represented by Aurélie CHARPENTIER

Ended

KRAUSCH AURELIE MANAGEMENT

Administrator - manager · since 01 janvier 2006 · 0878.525.436

Represented by Aurélie CHARPENTIER

Ended

KRAUSCH AURELIE MANAGEMENT

Administrator - manager · 0878.525.436

Ended

At this address

Other companies at this address

Company	CBE no.
GELAPHAR SRL● Active	0745.751.737
KRAUSCH AURELIE MANAGEMENT● Active	0878.525.436

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	22/06/2026	30/06/2025	24/06/2024	17/07/2023	04/07/2022	21/06/2021
General meeting	19/06/2026	20/06/2025	21/06/2024	16/06/2023	17/06/2022	18/06/2021
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
Abridged model	31/12/2025	19/06/2026	22/06/2026	French	PDF
Abridged model	31/12/2024	20/06/2025	30/06/2025	French	PDF
Abridged model	31/12/2023	21/06/2024	24/06/2024	French	PDF
Abridged model	31/12/2022	16/06/2023	17/07/2023	French	PDF
Abridged model	31/12/2021	17/06/2022	04/07/2022	French	PDF
Abridged model	31/12/2020	18/06/2021	21/06/2021	French	PDF
Micro model	31/12/2019	19/06/2020	22/06/2020	French	PDF
Micro model	31/12/2018	21/06/2019	15/07/2019	French	PDF
Abridged model	31/12/2017	15/06/2018	22/08/2018	French	PDF
Abridged model	31/12/2016	16/06/2017	17/08/2017	French	PDF
Abridged model	31/12/2015	17/06/2016	26/08/2016	French	PDF
Abridged model	31/12/2014	19/06/2015	29/07/2015	French	PDF
Abridged model	31/12/2013	30/06/2014	26/08/2014	French	PDF
Abridged model	31/12/2012	21/06/2013	24/06/2013	French	PDF
Abridged model	31/12/2011	15/06/2012	05/07/2012	French	PDF
Abridged model	31/12/2010	17/06/2011	30/06/2011	French	PDF
Abridged model	31/12/2009	18/06/2010	21/06/2010	French	PDF
Abridged model	31/12/2008	19/06/2009	01/07/2009	French	PDF
Abridged model	31/12/2007	20/06/2008	24/06/2008	French	PDF
Abridged model	31/12/2006	15/06/2007	18/06/2007	French	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 5 ended

Active mandates

KRAUSCH AURELIE MANAGEMENT

Director · since 01 janvier 2006 · 0878.525.436

Represented by Aurélie CHARPENTIER

Active

Ended mandates

KRAUSCH AURELIE MANAGEMENT

Manager · since 01 janvier 2006 · 0878.525.436

Represented by Aurélie CHARPENTIER

Ended

KRAUSCH AURELIE MANAGEMENT

Director · since 01 janvier 2006 · 0878.525.436

Represented by Aurélie CHARPENTIER

Ended

KRAUSCH AURELIE MANAGEMENT

Administrator - manager · since 01 janvier 2006 · 0878.525.436

Represented by Aurélie CHARPENTIER

Ended

KRAUSCH AURELIE MANAGEMENT

Administrator - manager · 0878.525.436

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Capital / shares03/04/2024
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Mandates25/08/2009
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/12/2006
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares21/08/2006
ALGEMENE VERGADERING - KAPITAAL - AANDELEN - 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 202565,2 k €↑
2024
Annual accounts 202460,6 k €↑
2023
Annual accounts 202357 k €↓
2022
Annual accounts 202279,1 k €↑
2021
Annual accounts 202175,7 k €↑
2020
Annual accounts 202021,8 k €↓
2019
Annual accounts 201938 k €↑
2018
Annual accounts 20181,2 k €↓
2017
Annual accounts 201745 k €↑
2016
Annual accounts 201644,6 k €↓
2015
Annual accounts 201563,9 k €↑
2014
Annual accounts 201457,3 k €↑
2013
Annual accounts 201343,5 k €↑
2012
Annual accounts 2012-18 k €↓
2011
Annual accounts 2011-13,5 k €↓
2010
Annual accounts 20102,1 k €↑
2009
Annual accounts 2009-11,2 k €↓
2008
Annual accounts 200841,1 k €↓
2007
Annual accounts 200742,4 k €↑
2006
Annual accounts 200626,4 k €
01/01/1985
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

GELAPHAR

Overview

What does GELAPHAR do?

Trend over 20 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