ACTIVE

GEMIFLOR

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Financial year 2025 · closed on 31/12/2025

Net result

59 k €

-42.6% YoY

Gross margin

257,3 k €

-4.9% YoY

Equity

568,8 k €

-10.4% YoY

What does GEMIFLOR do?

GEMIFLOR is a Private limited company incorporated in 1987. Its main activity is: Freight transport by road. Its registered office is in Pittem.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0430.486.790

Incorporation

24/02/1987

Legal form

Private limited company

Registered office

Meulebekestraat 80
8740 Pittem · FlandreSee on map

Contributed capital

275 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

49410Freight transport by road· main 49410Freight transport by road 01110Growing of cereals (except rice), leguminous crops and oil seeds 01110Growing of cereals (except rice), leguminous crops and oil seeds 01130Growing of vegetables and melons, roots and tubers 01130Growing of vegetables and melons, roots and tubers+4

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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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	257,3 k €	-4.9%	270,6 k €	+1.2%	267,5 k €	-17.3%	323,3 k €	+83.6%	176,1 k €	+13.1%	155,6 k €	-27.2%	213,8 k €	+28.2%	166,8 k €	+110%	79,6 k €	-71.7%	281,4 k €	-43.7%	500,3 k €	+11513%	-4,4 k €	-101%	362,7 k €	-12.2%	413,1 k €	+116%	191,7 k €	-52.3%	401,5 k €	+22.6%	327,6 k €	+17.7%	278,3 k €	+2.7%	270,9 k €	+7.7%	251,4 k €
EBITDA	231,5 k €	-7.4%	250 k €	+1.0%	247,5 k €	-20.2%	310,3 k €	+93.2%	160,6 k €	+29.4%	124,1 k €	-38.7%	202,5 k €	+30.3%	155,4 k €	+152%	61,8 k €	-58.0%	146,9 k €	-47.7%	280,9 k €	+217%	-240,2 k €	-297%	121,9 k €	-30.8%	176,1 k €	+835%	-24 k €	-112%	196 k €	+16.6%	168 k €	+24.8%	134,7 k €	-10.2%	150 k €	-6.1%	159,6 k €
Operating result	90,3 k €	-39.1%	148,3 k €	+16.0%	127,9 k €	-31.7%	187,3 k €	+222%	58,1 k €	+116%	26,8 k €	-75.0%	107,6 k €	+40.4%	76,6 k €	+539%	-17,5 k €	-128%	61,7 k €	-64.9%	175,7 k €	+149%	-356,7 k €	-5551%	-6,3 k €	-113%	47,4 k €	+134%	-141,2 k €	-302%	70 k €	+220%	21,9 k €	+0.1%	21,9 k €	-67.4%	67,2 k €	-13.7%	77,9 k €
Net result	59 k €	-42.6%	102,8 k €	+6.4%	96,6 k €	-41.2%	164,3 k €	+263%	45,3 k €	+286%	11,7 k €	-87.6%	94,5 k €	+49.5%	63,2 k €	+284%	-34,3 k €	-173%	47 k €	-83.3%	280,9 k €	+173%	-383,2 k €	-573%	-56,9 k €	-1488%	4,1 k €	+102%	-194,4 k €	-1392%	15 k €	+56.1%	9,6 k €	+676%	-1,7 k €	-103%	50,7 k €	-9.9%	56,3 k €
Balance sheet
Equity	568,8 k €	-10.4%	634,5 k €	+14.0%	556,4 k €	+16.6%	477 k €	+53.2%	311,5 k €	+9.3%	285 k €	+4.3%	273,3 k €	+52.8%	178,8 k €	+54.6%	115,6 k €	-22.9%	150 k €	+45.6%	103 k €	+158%	-177,9 k €	-155%	-69,7 k €	-445%	-12,8 k €	+24.3%	-16,9 k €	-110%	177,5 k €	+9.3%	162,4 k €	+6.3%	152,8 k €	+237%	45,3 k €	+931%	-5,5 k €
Total assets	1,2 M €	+31.1%	923 k €	-9.6%	1 M €	+10.8%	921,9 k €	+32.8%	694 k €	+1.2%	685,8 k €	-6.8%	736 k €	+4.1%	707 k €	+11.7%	632,7 k €	-18.0%	771,3 k €	-18.8%	950,3 k €	-30.4%	1,4 M €	-12.4%	1,6 M €	-3.8%	1,6 M €	-1.7%	1,6 M €	-15.0%	1,9 M €	+20.7%	1,6 M €	+29.0%	1,2 M €	+79.8%	692,1 k €	+65.4%	418,5 k €
Cash	208 k €	-34.8%	318,9 k €	+17.4%	271,7 k €	+0.4%	270,7 k €	+146%	110,2 k €	+53.0%	72 k €	-9.5%	79,6 k €	-5.7%	84,4 k €	-34.9%	129,7 k €	-28.8%	182 k €	+1299%	13 k €	+14.5%	11,4 k €	-19.9%	14,2 k €	-44.4%	25,6 k €	+1258%	1,9 k €	-94.9%	36,9 k €	+292%	9,4 k €	+786%	1,1 k €	+179%	381 €	-69.8%	1,3 k €
Debts	634,5 k €	+125%	281,5 k €	-38.6%	458,2 k €	+4.5%	438,4 k €	+16.5%	376,1 k €	-4.6%	394,4 k €	-13.7%	457,2 k €	-13.2%	526,4 k €	+1.8%	517,1 k €	-15.7%	613,1 k €	-27.1%	840,7 k €	-45.2%	1,5 M €	-5.4%	1,6 M €	-0.1%	1,6 M €	-2.1%	1,7 M €	-5.5%	1,8 M €	+21.6%	1,4 M €	+32.3%	1,1 M €	+69.1%	645 k €	+53.0%	421,4 k €
Other
Workforce	–		–		0,0 ETP		–		–		–		–		–		0,2 ETP		–		11,6 ETP	0.0%	11,6 ETP	-11.5%	13,1 ETP	+84.5%	7,1 ETP	+2.9%	6,9 ETP	+30.2%	5,3 ETP	+10.4%	4,8 ETP	+2.1%	4,7 ETP	+11.9%	4,2 ETP	+27.3%	3,3 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 · 4 active · 7 ended

Active mandates

Carine Lierman

Director · since 08 décembre 2018

Active

Robbe Mingneau

Director · since 08 décembre 2018

Active

Jasper Mingneau

Director · since 31 octobre 2017

Active

Marc Mingneau

Director · since 09 février 2017

Active

Ended mandates

Carine Lierman

Manager · since 08 décembre 2018

Ended

Robbe Mingneau

Manager · since 08 décembre 2018

Ended

Jasper Mingneau

Manager · since 31 octobre 2017

Ended

Marc Mingneau

Manager · since 09 février 2017

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Abridged model	Abridged model	Micro model	Micro 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	25/07/2026	23/06/2025	19/07/2024	26/06/2023	29/06/2022	19/08/2021
General meeting	15/07/2026	30/05/2025	29/06/2024	24/06/2023	25/06/2022	14/08/2021
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
Micro model	31/12/2025	15/07/2026	25/07/2026	Dutch	PDF
Micro model	31/12/2024	30/05/2025	23/06/2025	Dutch	PDF
Abridged model	31/12/2023	29/06/2024	19/07/2024	Dutch	PDF
Abridged model	31/12/2022	24/06/2023	26/06/2023	Dutch	PDF
Micro model	31/12/2021	25/06/2022	29/06/2022	Dutch	PDF
Micro model	31/12/2020	14/08/2021	19/08/2021	Dutch	PDF
Micro model	31/12/2019	28/08/2020	31/08/2020	Dutch	PDF
Micro model	31/12/2018	29/06/2019	10/07/2019	Dutch	PDF
Abridged model	31/12/2017	30/05/2018	20/06/2018	Dutch	PDF
Micro model	31/12/2016	30/05/2017	20/06/2017	Dutch	PDF
Abridged model	31/12/2015	30/05/2016	30/06/2016	Dutch	PDF
Abridged model	31/12/2014	30/05/2015	22/06/2015	Dutch	PDF
Abridged model	31/12/2013	30/06/2014	29/09/2014	Dutch	PDF
Abridged model	31/12/2012	30/05/2013	02/07/2013	Dutch	PDF
Abridged model	31/12/2011	30/06/2012	31/08/2012	Dutch	PDF
Abridged model	31/12/2010	28/09/2011	30/09/2011	Dutch	PDF
Abridged model	31/12/2009	21/06/2010	22/07/2010	Dutch	PDF
Abridged model	31/12/2008	30/05/2009	09/07/2009	Dutch	PDF
Abridged model	31/12/2007	07/03/2008	30/05/2008	Dutch	PDF
Abridged model	31/12/2006	30/05/2007	09/07/2007	Dutch	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 · 4 active · 7 ended

Active mandates

Carine Lierman

Director · since 08 décembre 2018

Active

Robbe Mingneau

Director · since 08 décembre 2018

Active

Jasper Mingneau

Director · since 31 octobre 2017

Active

Marc Mingneau

Director · since 09 février 2017

Active

Ended mandates

Carine Lierman

Manager · since 08 décembre 2018

Ended

Robbe Mingneau

Manager · since 08 décembre 2018

Ended

Jasper Mingneau

Manager · since 31 octobre 2017

Ended

Marc Mingneau

Manager · since 09 février 2017

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates17/12/2020
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates24/12/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/12/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/03/2017
DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares30/12/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares02/07/2008
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 202559 k €↓
2024
Annual accounts 2024102,8 k €↑
2023
Annual accounts 202396,6 k €↓
2022
Annual accounts 2022164,3 k €↑
2021
Annual accounts 202145,3 k €↑
2020
Annual accounts 202011,7 k €↓
2019
Annual accounts 201994,5 k €↑
2018
Annual accounts 201863,2 k €↑
2017
Annual accounts 2017-34,3 k €↓
2016
Annual accounts 201647 k €↓
2015
Annual accounts 2015280,9 k €↑
2014
Annual accounts 2014-383,2 k €↓
2013
Annual accounts 2013-56,9 k €↓
2012
Annual accounts 20124,1 k €↑
2011
Annual accounts 2011-194,4 k €↓
2010
Annual accounts 201015 k €↑
2009
Annual accounts 20099,6 k €↑
2008
Annual accounts 2008-1,7 k €↓
2007
Annual accounts 200750,7 k €↓
2006
Annual accounts 200656,3 k €
24/02/1987
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

GEMIFLOR

Overview

What does GEMIFLOR do?

Trend over 20 financial years

Indicative valuation

Board of directors

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