ACTIVE

GHELAMCO

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Financial year 2024 · Closed on 31/12/2024

Net result-1,2 M €-129,9 %over 1 year
Revenue550 k €-36,1 %over 1 year
Equity7,3 M €-13,8 %over 1 year
Workforce13,3 ETP-7,6 %over 1 year

Identity

Source · BCE/KBO

GHELAMCO is a Public limited company incorporated in 1985. Its registered office is in Ieper. It employs on average 13,3 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0427.223.830
Incorporation
07/05/1985
Legal form
Public limited company
Registered office
Zwaanhofweg 10
8900 Ieper · FlandreSee on map
Contributed capital
7 155 000,00 €
Latest accounts
31/12/2024
Average workforce
13,3 ETP
Joint committees (3)
  • 124
  • 200
  • 218
Signals
Solid equityLow riskGood liquidityHealthy social debts

Financials

Source · NBB, 19 filings

Trend over 18 financial years

20242023202220212020
Income statement
Revenue550 k €861,1 k €939,5 k €2,8 M €18,9 M €
EBITDA-1 M €1,7 M €-758,2 k €-2,4 M €-1,9 M €
Operating result-1,2 M €4 M €-3,6 M €-1,7 M €-2,1 M €
Net result-1,2 M €3,9 M €-3,9 M €-2,2 M €-2,5 M €
Balance sheet
Equity7,3 M €8,5 M €4,5 M €1,9 M €4,1 M €
Total assets10,3 M €12,1 M €10,4 M €12,5 M €19,5 M €
Cash79,6 k €69,6 k €68,3 k €225,1 k €215 k €
Debts2,6 M €3,1 M €2,8 M €10,3 M €14,3 M €
Other
Workforce13,3 ETP14,4 ETP14,8 ETP16,7 ETP24,5 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

2 active · 13 ended

Active mandates

KADMOS

Managing director · since 26 juin 2019 · until 18 juillet 2025 · 0890.858.589

Represented by Paul Gheysens

Active
Michael Gheysens

Director · since 26 juin 2019 · until 18 juillet 2025

Active

Ended mandates

Michael Gheysens

Director · since 28 juin 2019 · until 27 juin 2025

Ended
KADMOS

Managing director · since 26 juin 2019 · until 27 juin 2025 · 0890.858.589

Represented by Paul Gheysens

Ended
Michael Gheysens

Director · since 26 juin 2019 · until 27 juin 2025

Ended
KADMOS

Managing director · since 27 juin 2013 · until 27 juin 2019 · 0890.858.589

Represented by Paul Gheysens

Ended

Other companies at this address

Zwaanhofweg 10 8900 Ieper
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AVIATION HANDLING SERVICES● Active
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BELALAN LOUISE LEASEHOLD● Active
0885.570.012
BELGIAN TRADING COMPANY● Active
0441.998.316
BISCHOFFSHEIM FREEHOLD● Active
0568.776.722
BOUTIQUE HOTEL MANAGEMENT● Active
0893.885.583
BRUSSELS URBAN INVEST● Active
0845.471.695
CABOLI● Active
0648.879.025
CITRIEN● Active
0540.850.422
COLLARIS● Active
0761.438.419
CONSTRUCTION LINK● Active
0648.878.728
COPERNICUS SITE● Active
0882.662.980
De Nieuwe Filature● Active
0807.489.465
DIEGEM STATION II● Active
0805.706.744
D & Q● Active
0465.739.065
EUROSTADIUM EVENTS● Active
0867.296.202
Eurostadium Foot & Hospitality● Active
0632.552.638
Eurostadium Offices● Active
0632.550.361
EUROSTADIUM PARK● Active
0873.057.903
Eurostadium Parking● Active
0632.551.153
Eurostadium Storage● Active
0632.553.430

Full financial information

Source · NBB
202420232022202120202019
Type of accountAbridged modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date20/08/202528/11/202412/07/202313/07/202213/07/202114/07/2020
General meeting18/07/202526/11/202430/06/202330/06/202230/06/202130/06/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202418/07/202520/08/2025DutchPDF
Full model31/12/202326/11/202428/11/2024DutchPDF
Full model31/12/202230/06/202312/07/2023DutchPDF
Full model31/12/202130/06/202213/07/2022DutchPDF
Full model31/12/202030/06/202113/07/2021DutchPDF
Full model31/12/201930/06/202014/07/2020DutchPDF
Full model31/12/201826/06/201911/07/2019DutchPDF
Full model31/12/201726/06/201812/07/2018DutchPDF
Full model31/12/201625/08/201729/08/2017DutchPDF
Full model31/12/201527/06/201625/07/2016DutchPDF
Full model31/12/201425/06/201522/07/2015DutchPDF
Full model31/12/201326/06/201422/07/2014DutchPDF
Full model31/12/201227/06/201315/07/2013DutchPDF
Full model31/12/201127/06/201224/07/2012DutchPDF
Full model31/12/201027/06/201108/07/2011DutchPDF
Full model31/12/200914/05/201009/07/2010DutchPDF
Full model31/12/200827/06/200915/07/2009DutchPDF
Full model30/09/200717/03/200828/04/2008DutchPDF
Full model30/09/200619/03/200729/03/2007DutchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2024

2 active · 13 ended

Active mandates

KADMOS

Managing director · since 26 juin 2019 · until 18 juillet 2025 · 0890.858.589

Represented by Paul Gheysens

Active
Michael Gheysens

Director · since 26 juin 2019 · until 18 juillet 2025

Active

Ended mandates

Michael Gheysens

Director · since 28 juin 2019 · until 27 juin 2025

Ended
KADMOS

Managing director · since 26 juin 2019 · until 27 juin 2025 · 0890.858.589

Represented by Paul Gheysens

Ended
Michael Gheysens

Director · since 26 juin 2019 · until 27 juin 2025

Ended
KADMOS

Managing director · since 27 juin 2013 · until 27 juin 2019 · 0890.858.589

Represented by Paul Gheysens

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates05/05/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/05/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares04/10/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN - KAPITAAL - AANDELEN
    PDF
  • Mandates18/01/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/01/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/07/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/04/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/12/2015
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2024
    Annual accounts 2024-1,2 M €↓
  2. 2023
    Annual accounts 20233,9 M €↑
  3. 2022
    Annual accounts 2022-3,9 M €↓
  4. 2021
    Annual accounts 2021-2,2 M €↑
  5. 2020
    Annual accounts 2020-2,5 M €↓
  6. 2019
    Annual accounts 201926,9 k €↓
  7. 2018
    Annual accounts 201875 k €↑
  8. 2017
    Annual accounts 201768,2 k €↑
  9. 2016
    Annual accounts 201664,9 k €↓
  10. 2015
    Annual accounts 2015155 k €↓
  11. 2014
    Annual accounts 2014186,4 k €↑
  12. 2013
    Annual accounts 2013160,8 k €↓
  13. 2012
    Annual accounts 2012640,1 k €↑
  14. 2011
    Annual accounts 201196,1 k €↓
  15. 2010
    Annual accounts 2010234 k €↑
  16. 2009
    Annual accounts 200999,9 k €↓
  17. 2008
    Annual accounts 2008385 k €↑
  18. 2007
    Annual accounts 2007344,7 k €
  19. 07/05/1985
    IncorporationPublic limited company