ACTIVE

GDW Security

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Financial year 2025 · closed on 31/12/2025

Net result

790,6 k €

-27.1% YoY

Gross margin

4,3 M €

-3.7% YoY

Equity

2 M €

+0.8% YoY

Workforce

39,3 ETP

+8.3% YoY

What does GDW Security do?

GDW Security is a Public limited company incorporated in 1986. Its main activity is: Electrical installation. Its registered office is in Machelen (Brab.). It employs on average 39,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0429.563.114

Incorporation

02/10/1986

Legal form

Public limited company

Registered office

Haachtsesteenweg 56
1831 Machelen (Brab.) · FlandreSee on map

Contributed capital

85 100,00 €

Latest accounts

31/12/2025

Average workforce

39,3 ETP

Activities (NACE)

43211Electrical installation· main 43211Electrical installation 45310Wholesale trade of motor vehicle parts and accessories

Joint committees (3)

14901
200
218

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	4,3 M €	-3.7%	4,5 M €	+16.1%	3,8 M €	+17.4%	3,3 M €	+6.8%	3,1 M €	+5.8%	2,9 M €	-3.3%	3 M €	+8.0%	2,8 M €	+14.6%	2,4 M €	-6.4%	2,6 M €	+0.6%	2,6 M €	+25.2%	2,1 M €	+0.7%	2 M €	+3.0%	2 M €	+5.6%	1,9 M €	+33.8%	1,4 M €	-14.1%	1,6 M €	+5.4%	1,5 M €	+5.5%	1,5 M €	+29.2%	1,1 M €
EBITDA	1,1 M €	-33.7%	1,6 M €	+47.7%	1,1 M €	+34.3%	816,9 k €	+14.7%	712,1 k €	-8.6%	778,6 k €	+5.3%	739,4 k €	-1.1%	747,7 k €	+27.8%	585,2 k €	-32.1%	861,5 k €	-0.9%	869,5 k €	+56.8%	554,6 k €	+4.3%	531,9 k €	-11.2%	598,9 k €	-6.2%	638,2 k €	+143%	262,4 k €	-51.1%	536,1 k €	+15.8%	462,9 k €	-10.9%	519,6 k €	+149%	208,6 k €
Operating result	754,3 k €	-45.5%	1,4 M €	+58.4%	873,8 k €	+54.4%	565,8 k €	+34.2%	421,7 k €	-16.9%	507,3 k €	+15.9%	437,7 k €	-4.3%	457,6 k €	+55.5%	294,3 k €	-45.6%	541,5 k €	-4.4%	566,5 k €	+93.9%	292,2 k €	-6.3%	311,8 k €	-15.2%	367,9 k €	-16.7%	441,6 k €	+584%	64,6 k €	-81.7%	353,7 k €	+15.5%	306,3 k €	-16.9%	368,4 k €	+284%	95,9 k €
Net result	790,6 k €	-27.1%	1,1 M €	+64.7%	658,9 k €	+51.6%	434,7 k €	+37.6%	315,8 k €	-30.6%	455,3 k €	+36.5%	333,6 k €	-1.3%	337,9 k €	+67.8%	201,3 k €	-46.5%	376,5 k €	-0.2%	377,3 k €	+86.2%	202,6 k €	-9.0%	222,5 k €	-2.5%	228,3 k €	-21.1%	289,3 k €	+756%	33,8 k €	-84.5%	218,3 k €	+22.9%	177,7 k €	-23.4%	231,9 k €	+355%	50,9 k €
Balance sheet
Equity	2 M €	+0.8%	2 M €	+1.8%	2 M €	+0.2%	2 M €	+0.2%	2 M €	+3.5%	1,9 M €	+21.3%	1,6 M €	+21.1%	1,3 M €	+22.4%	1,1 M €	-33.1%	1,6 M €	+21.1%	1,3 M €	+26.9%	1 M €	+11.1%	927,7 k €	+6.5%	871,3 k €	+17.3%	743,1 k €	+34.2%	553,8 k €	+6.5%	520 k €	+38.1%	376,6 k €	+26.0%	298,9 k €	+79.0%	167 k €
Total assets	4,6 M €	+3.2%	4,4 M €	+16.3%	3,8 M €	+14.0%	3,3 M €	-5.1%	3,5 M €	+3.8%	3,4 M €	+13.5%	3 M €	+26.3%	2,4 M €	+6.0%	2,2 M €	-11.8%	2,5 M €	+0.4%	2,5 M €	+13.6%	2,2 M €	+25.1%	1,8 M €	-7.0%	1,9 M €	+7.7%	1,8 M €	+17.3%	1,5 M €	+6.8%	1,4 M €	-6.5%	1,5 M €	-2.3%	1,5 M €	+34.9%	1,1 M €
Cash	414,5 k €	-9.1%	456,2 k €	+34.1%	340,2 k €	+43.6%	236,8 k €	-37.1%	376,3 k €	-2.4%	385,5 k €	+45.9%	264,2 k €	+217%	83,3 k €	-76.6%	355,7 k €	+107%	172 k €	+317%	41,2 k €	-67.4%	126,4 k €	-11.5%	142,9 k €	+58.4%	90,2 k €	-67.1%	273,8 k €	+196%	92,3 k €	-65.4%	266,8 k €	+18.5%	225,1 k €	+70.8%	131,8 k €	+98.5%	66,4 k €
Debts	2,5 M €	+5.5%	2,4 M €	+31.8%	1,8 M €	+34.3%	1,3 M €	-12.0%	1,5 M €	+4.9%	1,5 M €	+5.4%	1,4 M €	+32.3%	1 M €	-9.2%	1,2 M €	+23.2%	937 k €	-22.1%	1,2 M €	+4.5%	1,2 M €	+37.4%	837,4 k €	-18.4%	1 M €	+1.2%	1 M €	+6.9%	948,6 k €	+7.0%	886,5 k €	-21.4%	1,1 M €	-4.7%	1,2 M €	+21.6%	973,6 k €
Other
Workforce	39,3 ETP	+8.3%	36,3 ETP	+4.0%	34,9 ETP	+2.9%	33,9 ETP	+0.6%	33,7 ETP	-5.1%	35,5 ETP	+1.4%	35,0 ETP	+6.7%	32,8 ETP	+9.7%	29,9 ETP	+5.7%	28,3 ETP	-0.4%	28,4 ETP	+12.7%	25,2 ETP	+1.2%	24,9 ETP	+4.2%	23,9 ETP	+4.4%	22,9 ETP	+8.5%	21,1 ETP	+4.5%	20,2 ETP	-3.3%	20,9 ETP	+9.4%	19,1 ETP	+9.1%	17,5 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 · 1 active · 28 ended

Active mandates

GROUP DE WILDER

Director · 0787.830.337

Represented by Pieter DE WILDER

Active

Ended mandates

GROUP DE WILDER

Director · since 01 septembre 2023 · 0787.830.337

Represented by Pieter DE WILDER

Ended

Guy DE WILDER

Managing director · since 15 mai 2018 · until 31 décembre 2022

Ended

Jan DE WILDER

Managing director · since 15 mai 2018 · until 01 septembre 2023

Ended

Jan DE WILDER

Managing director · since 15 mai 2018

Ended

At this address

Other companies at this address

Company	CBE no.
GROUP DE WILDER● Active	0787.830.337

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	25/06/2026	06/07/2025	31/07/2024	31/08/2023	22/06/2022	30/07/2021
General meeting	30/05/2026	13/06/2025	30/06/2024	03/08/2023	15/06/2022	30/06/2021
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	30/05/2026	25/06/2026	Dutch	PDF
Abridged model	31/12/2024	13/06/2025	06/07/2025	Dutch	PDF
Abridged model	31/12/2023	30/06/2024	31/07/2024	Dutch	PDF
Abridged model	31/12/2022	03/08/2023	31/08/2023	Dutch	PDF
Abridged model	31/12/2021	15/06/2022	22/06/2022	Dutch	PDF
Abridged model	31/12/2020	30/06/2021	30/07/2021	Dutch	PDF
Abridged model	31/12/2019	21/07/2020	22/07/2020	Dutch	PDF
Abridged model	31/12/2018	28/06/2019	04/07/2019	Dutch	PDF
Abridged model	31/12/2017	25/06/2018	23/07/2018	Dutch	PDF
Abridged model	31/12/2016	09/08/2017	11/08/2017	Dutch	PDF
Abridged model	31/12/2015	15/06/2016	15/07/2016	Dutch	PDF
Abridged model	31/12/2014	07/08/2015	13/08/2015	Dutch	PDF
Abridged model	31/12/2013	15/07/2014	28/07/2014	Dutch	PDF
Abridged model	31/12/2012	21/05/2013	10/06/2013	Dutch	PDF
Abridged model	31/12/2011	25/06/2012	14/08/2012	Dutch	PDF
Abridged model	31/12/2010	30/11/2011	08/12/2011	Dutch	PDF
Abridged model	31/12/2009	10/11/2010	16/11/2010	Dutch	PDF
Abridged model	31/12/2008	30/11/2009	01/12/2009	Dutch	PDF
Abridged model	31/12/2007	01/09/2008	15/09/2008	Dutch	PDF
Abridged model	31/12/2006	31/01/2008	06/02/2008	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 · 1 active · 28 ended

Active mandates

GROUP DE WILDER

Director · 0787.830.337

Represented by Pieter DE WILDER

Active

Ended mandates

GROUP DE WILDER

Director · since 01 septembre 2023 · 0787.830.337

Represented by Pieter DE WILDER

Ended

Guy DE WILDER

Managing director · since 15 mai 2018 · until 31 décembre 2022

Ended

Jan DE WILDER

Managing director · since 15 mai 2018 · until 01 septembre 2023

Ended

Jan DE WILDER

Managing director · since 15 mai 2018

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates14/11/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/03/2023
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares26/10/2022
KAPITAAL - AANDELEN
PDF
Mandates13/07/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - BENAMING - ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/10/2018
ONTSLAGEN - BENOEMINGEN
PDF
Registered office26/01/2018
MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN
PDF
Mandates29/04/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/04/2016
ONTSLAGEN - BENOEMINGEN
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 2025790,6 k €↓
2024
Annual accounts 20241,1 M €↑
2023
Annual accounts 2023658,9 k €↑
2022
Annual accounts 2022434,7 k €↑
2021
Annual accounts 2021315,8 k €↓
2020
Annual accounts 2020455,3 k €↑
2019
Annual accounts 2019333,6 k €↓
2018
Annual accounts 2018337,9 k €↑
2017
Annual accounts 2017201,3 k €↓
2016
Annual accounts 2016376,5 k €↓
2015
Annual accounts 2015377,3 k €↑
2014
Annual accounts 2014202,6 k €↓
2013
Annual accounts 2013222,5 k €↓
2012
Annual accounts 2012228,3 k €↓
2011
Annual accounts 2011289,3 k €↑
2010
Annual accounts 201033,8 k €↓
2009
Annual accounts 2009218,3 k €↑
2008
Annual accounts 2008177,7 k €↓
2007
Annual accounts 2007231,9 k €↑
2006
Annual accounts 200650,9 k €
02/10/1986
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

GDW Security

Overview

What does GDW Security 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