GELCO
0427.958.060 · rovalta.com · 22/09/2026
ACTIVE
GELCO
Financial year 2025 · closed on 30/04/2025
Net result
1,6 M €
+18.1% YoY
Revenue
2,7 M €
+14.5% YoY
Equity
13,9 M €
+0.0% YoY
Workforce
5,0 ETP
-15.3% YoY
Overview
What does GELCO do?
GELCO is a Public limited company incorporated in 1985. Its main activity is: Activities of holding companies. Its registered office is in Beveren-Kruibeke-Zwijndrecht. It employs on average 5,0 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0427.958.060
Incorporation
10/10/1985
Legal form
Public limited company
Registered office
Grote Kerkstraat 77
9120 Beveren-Kruibeke-Zwijndrecht · FlandreSee on map
9120 Beveren-Kruibeke-Zwijndrecht · FlandreSee on map
Contributed capital
750 000,00 €
Latest accounts
30/04/2025
Average workforce
5,0 ETP
Activities (NACE)
Joint committees (4)
- 200
- 2000
- 20018
- 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
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Financials
Trend over 17 financial years
| 2025 | 2024 | 2023 | 2022 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||
| Revenue | 2,7 M € | +14.5% | 2,3 M € | +15.1% | 2 M € | +25.4% | 1,6 M € | +41.9% | 1,1 M € | +0.6% | 1,1 M € | +0.3% | 1,1 M € | +0.9% | 1,1 M € | -1.6% | 1,1 M € | +3.3% | 1,1 M € | -0.1% | 1,1 M € | +4.1% | 1,1 M € | +1.3% | 1 M € | -2.4% | 1,1 M € | – | – | – | |||
| EBITDA | 2 M € | +20.4% | 1,7 M € | +20.8% | 1,4 M € | +22.4% | 1,1 M € | +110% | 547,6 k € | +7.8% | 507,8 k € | -11.0% | 570,5 k € | -16.6% | 683,8 k € | -6.6% | 732,4 k € | +10.2% | 664,4 k € | +20.2% | 552,6 k € | -9.7% | 611,8 k € | -9.0% | 672,2 k € | -8.3% | 733,2 k € | +20.6% | 608,1 k € | +4.8% | 580,5 k € | -7.6% | 628 k € |
| Operating result | 1,7 M € | +25.6% | 1,4 M € | +23.9% | 1,1 M € | +29.0% | 850,1 k € | +108% | 407,8 k € | +8.9% | 374,4 k € | +24.1% | 301,6 k € | -49.7% | 599,9 k € | -7.0% | 644,8 k € | +17.1% | 550,5 k € | +22.1% | 450,7 k € | -18.6% | 553,4 k € | -10.3% | 616,8 k € | -9.1% | 678,8 k € | +21.3% | 559,6 k € | +3.8% | 539,1 k € | +13.4% | 475,3 k € |
| Net result | 1,6 M € | +18.1% | 1,3 M € | +28.4% | 1 M € | +30.9% | 795,7 k € | -83.6% | 4,9 M € | +945% | 464,6 k € | -6.4% | 496,5 k € | -28.4% | 693 k € | -1.6% | 704,4 k € | +10.2% | 639,2 k € | -0.7% | 643,5 k € | +174% | 235 k € | -66.3% | 697,2 k € | -3.6% | 723,1 k € | +48.5% | 486,8 k € | +38.2% | 352,2 k € | -42.9% | 616,2 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||
| Equity | 13,9 M € | +0.0% | 13,9 M € | -0.0% | 13,9 M € | -0.0% | 13,9 M € | +1.8% | 13,7 M € | +55.0% | 8,8 M € | +5.6% | 8,4 M € | +6.3% | 7,9 M € | +9.7% | 7,2 M € | +10.9% | 6,5 M € | +11.0% | 5,8 M € | +12.4% | 5,2 M € | +4.8% | 4,9 M € | +16.4% | 4,2 M € | +20.5% | 3,5 M € | +16.0% | 3 M € | +13.1% | 2,7 M € |
| Total assets | 15,7 M € | -0.4% | 15,8 M € | +3.8% | 15,2 M € | +1.0% | 15,1 M € | +8.0% | 14 M € | +16.3% | 12 M € | -6.5% | 12,8 M € | +26.0% | 10,2 M € | -11.1% | 11,5 M € | +9.8% | 10,5 M € | +31.0% | 8 M € | -0.8% | 8 M € | -0.2% | 8,1 M € | -3.7% | 8,4 M € | -4.9% | 8,8 M € | +62.1% | 5,4 M € | -15.1% | 6,4 M € |
| Cash | 286 k € | +22.1% | 234,2 k € | +5.5% | 222,1 k € | -92.6% | 3 M € | +34.7% | 2,2 M € | +2673% | 79,9 k € | -39.9% | 133 k € | -30.9% | 192,5 k € | -71.6% | 678,2 k € | -26.3% | 920,2 k € | +1894% | 46,2 k € | -69.3% | 150,1 k € | +293% | 38,2 k € | +37.1% | 27,9 k € | -29.7% | 39,7 k € | +227% | 12,1 k € | +2.3% | 11,9 k € |
| Debts | 1,8 M € | -2.8% | 1,9 M € | +41.4% | 1,3 M € | +12.6% | 1,2 M € | +590% | 170,4 k € | -94.4% | 3,1 M € | -32.0% | 4,5 M € | +92.2% | 2,3 M € | -45.8% | 4,3 M € | +7.9% | 4 M € | +85.1% | 2,2 M € | -23.1% | 2,8 M € | -8.3% | 3,1 M € | -24.4% | 4,1 M € | -20.5% | 5,1 M € | +117% | 2,3 M € | -36.7% | 3,7 M € |
| Other | |||||||||||||||||||||||||||||||||
| Workforce | 5,0 ETP | -15.3% | 5,9 ETP | 0.0% | 5,9 ETP | +18.0% | 5,0 ETP | -7.4% | 5,4 ETP | +22.7% | 4,4 ETP | +7.3% | 4,1 ETP | +13.9% | 3,6 ETP | -12.2% | 4,1 ETP | +10.8% | 3,7 ETP | -19.6% | 4,6 ETP | +9.5% | 4,2 ETP | +13.5% | 3,7 ETP | -5.1% | 3,9 ETP | -18.8% | 4,8 ETP | – | – | ||
Estimate
Indicative valuation
As an indication, this company is worth
between 10 M€ and 25 M€
See the valuationGovernance
Board of directors
Seen on filing of 30/04/2025 · 6 active · 40 ended
Active mandates
Ended mandates
At this address
Other companies at this address
| Company | CBE no. |
|---|---|
GROEP ALFRED● Active | 1003.507.065 |
HAMLET● Active | 0414.751.214 |
HAMLET INTERNATIONAL● Active | 0876.681.248 |
SWEET LOGISTICS● Active | 0472.246.775 |
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Full model | Full model | Full model | Full model | Full model | Full model |
| Start of the financial year | 01/05/2024 | 01/05/2023 | 01/05/2022 | 01/05/2021 | 01/05/2020 | 01/05/2019 |
| Closing of the financial year | 30/04/2025 | 30/04/2024 | 30/04/2023 | 30/04/2022 | 30/04/2021 | 30/04/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 27/10/2025 | 07/11/2024 | 31/10/2023 | 27/10/2022 | 28/10/2021 | 29/10/2020 |
| General meeting | 08/10/2025 | 09/10/2024 | 03/10/2023 | 04/10/2022 | 05/10/2021 | 06/10/2020 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
19 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 30/04/2025 | 08/10/2025 | 27/10/2025 | Dutch | |
| Full model | 30/04/2024 | 09/10/2024 | 07/11/2024 | Dutch | |
| Full model | 30/04/2023 | 03/10/2023 | 31/10/2023 | Dutch | |
| Full model | 30/04/2022 | 04/10/2022 | 27/10/2022 | Dutch | |
| Full model | 30/04/2021 | 05/10/2021 | 28/10/2021 | Dutch | |
| Full model | 30/04/2020 | 06/10/2020 | 29/10/2020 | Dutch | |
| Full model | 30/04/2019 | 30/10/2019 | 28/11/2019 | Dutch | |
| Full model | 30/04/2018 | 02/10/2018 | 26/10/2018 | Dutch | |
| Full model | 30/04/2017 | 03/10/2017 | 30/10/2017 | Dutch | |
| Full model | 30/04/2016 | 04/10/2016 | 02/11/2016 | Dutch | |
| Full model | 30/04/2015 | 06/10/2015 | 04/11/2015 | Dutch | |
| Full model | 30/04/2014 | 31/10/2014 | 25/11/2014 | Dutch | |
| Full model | 30/04/2013 | 18/10/2013 | 31/10/2013 | Dutch | |
| Full model | 30/04/2012 | 02/10/2012 | 29/10/2012 | Dutch | |
| Full model | 30/04/2011 | 04/10/2011 | 04/11/2011 | Dutch | |
| Full model | 30/04/2010 | 05/10/2010 | 04/11/2010 | Dutch | |
| Abridged model | 30/04/2009 | 06/10/2009 | 28/10/2009 | Dutch | |
| Abridged model | 30/04/2008 | 07/10/2008 | 30/10/2008 | Dutch | |
| Abridged model | 30/04/2007 | 02/10/2007 | 15/10/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 10 M€ and 25 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 30/04/2025 · 6 active · 40 ended
Active mandates
Ended mandates
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates22/05/2026ONTSLAGEN - BENOEMINGEN
- Mandates23/12/2025ONTSLAGEN - BENOEMINGEN
- Mandates19/03/2024ONTSLAGEN - BENOEMINGEN
- Other21/12/2023STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Mandates04/02/2020ONTSLAGEN - BENOEMINGEN
- Mandates14/12/2018ONTSLAGEN - BENOEMINGEN
- Mandates09/01/2015ONTSLAGEN - BENOEMINGEN
- Capital / shares16/10/2013KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 20251,6 M €↑
- 2024Annual accounts 20241,3 M €↑
- 2023Annual accounts 20231 M €↑
- 2022Annual accounts 2022795,7 k €↓
- 2019Annual accounts 20194,9 M €↑
- 2018Annual accounts 2018464,6 k €↓
- 2017Annual accounts 2017496,5 k €↓
- 2016Annual accounts 2016693 k €↓
- 2015Annual accounts 2015704,4 k €↑
- 2014Annual accounts 2014639,2 k €↓
- 2013Annual accounts 2013643,5 k €↑
- 2012Annual accounts 2012235 k €↓
- 2011Annual accounts 2011697,2 k €↓
- 2010Annual accounts 2010723,1 k €↑
- 2009Annual accounts 2009486,8 k €↑
- 2008Annual accounts 2008352,2 k €↓
- 2007Annual accounts 2007616,2 k €
- 10/10/1985IncorporationPublic limited company