ACTIVE

G.S.V.

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Financial year 2025 · closed on 31/12/2025

Net result

540,2 k €

+4.0% YoY

Gross margin

1,4 M €

-0.5% YoY

Equity

3,5 M €

+0.2% YoY

Workforce

5,8 ETP

0.0% YoY

What does G.S.V. do?

G.S.V. is a Public limited company incorporated in 1985. Its main activity is: Wholesale of electrical household appliances. Its registered office is in Antwerpen. It employs on average 5,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0427.142.369

Incorporation

16/04/1985

Legal form

Public limited company

Registered office

Terbekehofdreef 51
2610 Antwerpen · FlandreSee on map

Contributed capital

61 500,00 €

Latest accounts

31/12/2025

Average workforce

5,8 ETP

Activities (NACE)

46431Wholesale of electrical household appliances· main 46431Wholesale of electrical household appliances 46731Wholesale of wood, construction materials and sanitary equipment 46831Wholesale trade, except of motor vehicles and motorcycles 51430Air transport 51532Air transport+9

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

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	1,4 M €	-0.5%	1,4 M €	-13.9%	1,6 M €	+12.4%	1,5 M €	-48.9%	2,9 M €	+35.8%	2,1 M €	-23.6%	2,8 M €	+118%	1,3 M €	+24.8%	1 M €	-15.6%	1,2 M €	+82.8%	657,9 k €	+11.6%	589,3 k €	+11.8%	526,9 k €	+5.7%	498,3 k €	-9.3%	549,4 k €	+48.1%	370,9 k €	-0.4%	372,3 k €	+7.9%	345 k €	+35.5%	254,7 k €	-9.9%	282,8 k €
EBITDA	950,1 k €	+2.9%	923,1 k €	-23.6%	1,2 M €	+16.7%	1 M €	-50.6%	2,1 M €	+74.6%	1,2 M €	-35.5%	1,9 M €	+166%	699,7 k €	+8.9%	642,5 k €	-25.3%	859,7 k €	+179%	308,7 k €	+0.9%	305,8 k €	+16.7%	262,1 k €	+27.1%	206,3 k €	-34.8%	316,5 k €	+102%	156,5 k €	-20.6%	197,1 k €	+1.4%	194,3 k €	+8.2%	179,5 k €	-17.2%	216,8 k €
Operating result	757,1 k €	+4.9%	721,8 k €	-29.0%	1 M €	+19.7%	849,2 k €	-54.3%	1,9 M €	+151%	741,2 k €	-51.6%	1,5 M €	+203%	505,7 k €	+9.8%	460,6 k €	-38.8%	752,5 k €	+290%	193 k €	+3.8%	186 k €	+20.8%	154 k €	+90.8%	80,7 k €	+39.8%	57,7 k €	-28.7%	81 k €	-33.3%	121,4 k €	+25.0%	97,1 k €	-16.0%	115,6 k €	-25.0%	154,1 k €
Net result	540,2 k €	+4.0%	519,2 k €	-37.2%	826,3 k €	+64.4%	502,7 k €	-71.3%	1,8 M €	+245%	507,5 k €	-53.7%	1,1 M €	+242%	320,3 k €	+9.3%	293,1 k €	-38.3%	475,4 k €	+417%	91,9 k €	+32.2%	69,5 k €	+28.6%	54,1 k €	+1612%	3,2 k €	-82.1%	17,7 k €	+14.2%	15,5 k €	-63.9%	42,8 k €	+33.1%	32,1 k €	-23.4%	42 k €	-79.6%	205,6 k €
Balance sheet
Equity	3,5 M €	+0.2%	3,5 M €	+0.1%	3,5 M €	+0.1%	3,5 M €	-11.7%	3,9 M €	+19.9%	3,3 M €	+18.4%	2,8 M €	+66.0%	1,7 M €	+23.9%	1,3 M €	+27.9%	1 M €	+82.8%	574 k €	+19.1%	482 k €	+16.9%	412,5 k €	+15.1%	358,5 k €	+0.9%	355,3 k €	+5.2%	337,6 k €	+4.8%	322,2 k €	+15.3%	279,4 k €	+13.0%	247,2 k €	+20.4%	205,3 k €
Total assets	6,2 M €	-3.0%	6,4 M €	-4.1%	6,7 M €	+1.2%	6,6 M €	-10.5%	7,3 M €	-24.1%	9,7 M €	-12.2%	11 M €	+45.0%	7,6 M €	+124%	3,4 M €	+40.9%	2,4 M €	+3.4%	2,3 M €	+1.2%	2,3 M €	+3.3%	2,2 M €	+1.0%	2,2 M €	-5.6%	2,3 M €	+25.5%	1,9 M €	+15.3%	1,6 M €	-2.4%	1,7 M €	+19.2%	1,4 M €	-12.9%	1,6 M €
Cash	56,5 k €	-59.2%	138,3 k €	-56.4%	317,4 k €	-3.2%	328 k €	-50.7%	665,8 k €	+181%	237,2 k €	+261%	65,7 k €	-5.5%	69,5 k €	-44.0%	124,1 k €	-17.3%	150,1 k €	+236%	44,6 k €	-24.0%	58,7 k €	-5.0%	61,8 k €	+0.1%	61,8 k €	-65.7%	179,9 k €	+288%	46,4 k €	-39.3%	76,4 k €	+17.2%	65,2 k €	+0.2%	65,1 k €	+17.7%	55,3 k €
Debts	2,5 M €	-13.1%	2,9 M €	-9.0%	3,2 M €	+2.3%	3,1 M €	-9.0%	3,4 M €	-43.9%	6,1 M €	-23.2%	7,9 M €	+33.6%	5,9 M €	+190%	2 M €	+50.9%	1,4 M €	-22.6%	1,8 M €	-1.6%	1,8 M €	+3.7%	1,7 M €	-4.0%	1,8 M €	-9.4%	2 M €	+36.4%	1,4 M €	+20.5%	1,2 M €	-5.5%	1,3 M €	+24.6%	1 M €	-18.6%	1,3 M €
Other
Workforce	5,8 ETP	0.0%	5,8 ETP	+1.8%	5,7 ETP	0.0%	5,7 ETP	-61.2%	14,7 ETP	-27.6%	20,3 ETP	-3.8%	21,1 ETP	+80.3%	11,7 ETP	+72.1%	6,8 ETP	+7.9%	6,3 ETP	+5.0%	6,0 ETP	+25.0%	4,8 ETP	-14.3%	5,6 ETP	-5.1%	5,9 ETP	+20.4%	4,9 ETP	+22.5%	4,0 ETP	+21.2%	3,3 ETP	+10.0%	3,0 ETP	+50.0%	2,0 ETP	0.0%	2,0 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 · 2 active · 6 ended

Active mandates

ANGLO BELGE

Managing director · since 29 mars 2022 · 0404.452.782

Represented by Dominique Mercier

Active

PETER STAES

Director · since 29 mars 2022

Active

Ended mandates

ANGLO BELGE

Managing director · since 29 mars 2022 · 0404.452.782

Represented by Dominique Mercier

Ended

ANGLO BELGE

Manager · 0404.452.782

Represented by Dominique Mercier

Ended

ANGLO BELGE

Director · 0404.452.782

Represented by Dominique Mercier

Ended

ANGLO BELGE

Manager · 0404.452.782

Represented by Dominique Mercier

Ended

At this address

Other companies at this address

Company	CBE no.
ABSR HOLDING● Active	0700.579.332
ANGLO BELGE● Active	0404.452.782
De Hennin● Active	0414.092.703
DVF LOGISTICS● Active	0770.741.610
GREENMIX● Active	0477.518.726
GREENSOMES● Active	0429.607.258
HUPPERTZ● Active	0418.253.706
Solem Capital● Active	0544.899.082

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	29/08/2026	29/08/2025	28/08/2024	31/08/2023	28/07/2022	29/07/2021
General meeting	29/06/2026	30/06/2025	24/06/2024	26/06/2023	27/06/2022	24/06/2021
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	29/06/2026	29/08/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	29/08/2025	Dutch	PDF
Abridged model	31/12/2023	24/06/2024	28/08/2024	Dutch	PDF
Abridged model	31/12/2022	26/06/2023	31/08/2023	Dutch	PDF
Abridged model	31/12/2021	27/06/2022	28/07/2022	Dutch	PDF
Abridged model	31/12/2020	24/06/2021	29/07/2021	Dutch	PDF
Abridged model	31/12/2019	25/06/2020	07/09/2020	Dutch	PDF
Abridged model	31/12/2018	27/06/2019	31/07/2019	Dutch	PDF
Abridged model	31/12/2017	28/06/2018	31/07/2018	Dutch	PDF
Abridged model	31/12/2016	30/06/2017	24/07/2017	Dutch	PDF
Abridged model	31/12/2015	30/06/2016	29/07/2016	Dutch	PDF
Abridged model	31/12/2014	30/06/2015	30/07/2015	Dutch	PDF
Abridged model	31/12/2013	30/06/2014	31/07/2014	Dutch	PDF
Abridged model	31/12/2012	28/06/2013	31/07/2013	Dutch	PDF
Abridged model	31/12/2011	30/06/2012	14/09/2012	Dutch	PDF
Abridged model	31/12/2010	30/06/2011	31/08/2011	Dutch	PDF
Abridged model	31/12/2009	30/06/2010	31/08/2010	Dutch	PDF
Abridged model	31/12/2008	30/06/2009	31/08/2009	Dutch	PDF
Abridged model	31/12/2007	30/06/2008	31/08/2008	Dutch	PDF
Abridged model	31/12/2006	30/06/2007	20/07/2007	Dutch	PDF

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 · 2 active · 6 ended

Active mandates

ANGLO BELGE

Managing director · since 29 mars 2022 · 0404.452.782

Represented by Dominique Mercier

Active

PETER STAES

Director · since 29 mars 2022

Active

Ended mandates

ANGLO BELGE

Managing director · since 29 mars 2022 · 0404.452.782

Represented by Dominique Mercier

Ended

ANGLO BELGE

Manager · 0404.452.782

Represented by Dominique Mercier

Ended

ANGLO BELGE

Director · 0404.452.782

Represented by Dominique Mercier

Ended

ANGLO BELGE

Manager · 0404.452.782

Represented by Dominique Mercier

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates03/05/2022
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Registered office11/09/2019
MAATSCHAPPELIJKE ZETEL
PDF
Mandates28/05/2018
ONTSLAGEN - BENOEMINGEN
PDF
Other13/12/2017
DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office25/10/2011
MAATSCHAPPELIJKE ZETEL
PDF
Mandates13/10/2008
ONTSLAGEN - BENOEMINGEN
PDF
Registered office14/11/2006
Correctie publicatie wijziging maatschappelijke zetel 24.07.2006
PDF
Registered office02/08/2006
Wijziging maatschappelijke zetel
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 2025540,2 k €↑
2024
Annual accounts 2024519,2 k €↓
2023
Annual accounts 2023826,3 k €↑
2022
Annual accounts 2022502,7 k €↓
2021
Annual accounts 20211,8 M €↑
2020
Annual accounts 2020507,5 k €↓
2019
Annual accounts 20191,1 M €↑
2018
Annual accounts 2018320,3 k €↑
2017
Annual accounts 2017293,1 k €↓
2016
Annual accounts 2016475,4 k €↑
2015
Annual accounts 201591,9 k €↑
2014
Annual accounts 201469,5 k €↑
2013
Annual accounts 201354,1 k €↑
2012
Annual accounts 20123,2 k €↓
2011
Annual accounts 201117,7 k €↑
2010
Annual accounts 201015,5 k €↓
2009
Annual accounts 200942,8 k €↑
2008
Annual accounts 200832,1 k €↓
2007
Annual accounts 200742 k €↓
2006
Annual accounts 2006205,6 k €
16/04/1985
IncorporationPublic 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

G.S.V.

Overview

What does G.S.V. 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