ACTIVE

G + H MONTAGE

Financial year 2025 · Closed on 31/12/2025

Net result1 M €-24,2 %over 1 year
Revenue14,1 M €+22,3 %over 1 year
Equity3,5 M €+1,3 %over 1 year
Workforce80,2 ETP+12,3 %over 1 year

Identity

Source · BCE/KBO

G + H MONTAGE is a Public limited company incorporated in 1987. Its main activity is: Electrical, plumbing and other construction installation activities. Its registered office is in Antwerpen. It employs on average 80,2 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0431.811.435
Incorporation
03/08/1987
Legal form
Public limited company
Registered office
Antwerpsebaan 26
2040 Antwerpen · FlandreSee on map
Contributed capital
2 797 472,23 €
Latest accounts
31/12/2025
Average workforce
80,2 ETP
Joint committees (3)
  • 124
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 18 financial years

20252024202320222021
Income statement
Revenue14,1 M €11,5 M €10,6 M €9,8 M €12,3 M €
EBITDA1,5 M €1,7 M €878,7 k €733,4 k €806,6 k €
Operating result1,3 M €1,6 M €692,4 k €621,8 k €670,5 k €
Net result1 M €1,4 M €497,2 k €449,7 k €484,6 k €
Balance sheet
Equity3,5 M €3,5 M €3,5 M €3,4 M €3,4 M €
Total assets8 M €7,5 M €6,5 M €5,9 M €6 M €
Cash4,5 M €426 €426 €426 €426 €
Debts3,3 M €3,6 M €2,6 M €2,1 M €2,4 M €
Other
Workforce80,2 ETP71,4 ETP69,5 ETP71,8 ETP76,6 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 28 ended

Active mandates

Eddy Vandersmissen

Director · since 01 mars 2025 · until 06 mai 2030

Active
Edwin Samyn

Director · since 01 mars 2025 · until 06 mai 2030

Active
Luc Clabout

Director · since 01 mars 2025 · until 06 mai 2030

Active
Remco Geschiere

Managing director · since 01 mars 2025 · until 06 mai 2030

Active

Ended mandates

Georg Müller

Director · since 19 juillet 2021 · until 01 mars 2025

Ended
Georg Müller

Director · since 19 juillet 2021 · until 03 mai 2027

Ended
Matthias Lukowitz

Director · since 29 novembre 2019 · until 01 mars 2025

Ended
Matthias Lukowitz

Director · since 29 novembre 2019 · until 05 mai 2025

Ended

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date26/05/202617/07/202501/07/202403/07/202327/06/202226/07/2021
General meeting04/05/202630/06/202528/06/202426/06/202324/06/202219/07/2021
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, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202504/05/202626/05/2026DutchPDF
Full model31/12/202430/06/202517/07/2025DutchPDF
Full model31/12/202328/06/202401/07/2024DutchPDF
Full model31/12/202226/06/202303/07/2023DutchPDF
Full model31/12/202124/06/202227/06/2022DutchPDF
Full model31/12/202019/07/202126/07/2021DutchPDF
Abridged model31/12/201917/07/202002/09/2020DutchPDF
Abridged model31/12/201827/05/201912/06/2019DutchPDF
Abridged model31/12/201707/05/201830/05/2018DutchPDF
Abridged model31/12/201602/05/201716/05/2017DutchPDF
Full model31/12/201502/05/201619/05/2016DutchPDF
Full model31/12/201404/05/201521/05/2015DutchPDF
Full model31/12/201305/05/201423/06/2014DutchPDF
Full model31/12/201206/05/201321/05/2013DutchPDF
Full model31/12/201107/05/201211/06/2012DutchPDF
Full model31/12/201002/05/201116/05/2011DutchPDF
Full model31/12/200903/05/201011/06/2010DutchPDF
Full model31/12/200804/05/200915/05/2009DutchPDF
Full model31/12/200705/05/200806/06/2008DutchPDF
Full model31/12/200607/05/200707/06/2007DutchPDF

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.

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 31/12/2025

4 active · 28 ended

Active mandates

Eddy Vandersmissen

Director · since 01 mars 2025 · until 06 mai 2030

Active
Edwin Samyn

Director · since 01 mars 2025 · until 06 mai 2030

Active
Luc Clabout

Director · since 01 mars 2025 · until 06 mai 2030

Active
Remco Geschiere

Managing director · since 01 mars 2025 · until 06 mai 2030

Active

Ended mandates

Georg Müller

Director · since 19 juillet 2021 · until 01 mars 2025

Ended
Georg Müller

Director · since 19 juillet 2021 · until 03 mai 2027

Ended
Matthias Lukowitz

Director · since 29 novembre 2019 · until 01 mars 2025

Ended
Matthias Lukowitz

Director · since 29 novembre 2019 · until 05 mai 2025

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates08/08/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/07/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/10/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other08/08/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates31/08/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/02/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/12/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/12/2019
    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. 2025
    Annual accounts 20251 M €↓
  2. 2024
    Annual accounts 20241,4 M €↑
  3. 2023
    Annual accounts 2023497,2 k €↑
  4. 2022
    Annual accounts 2022449,7 k €↓
  5. 2021
    Annual accounts 2021484,6 k €↑
  6. 2020
    Annual accounts 2020276,1 k €↑
  7. 2019
    Annual accounts 2019140,6 k €↑
  8. 2018
    Annual accounts 2018127,2 k €↓
  9. 2017
    Annual accounts 2017429,7 k €↓
  10. 2016
    Annual accounts 2016480,5 k €↑
  11. 2015
    Annual accounts 2015210,7 k €↓
  12. 2014
    Annual accounts 2014247,7 k €↑
  13. 2013
    Annual accounts 2013159,3 k €↑
  14. 2012
    Annual accounts 2012-419,3 k €↓
  15. 2011
    Annual accounts 201115,3 k €↑
  16. 2010
    Annual accounts 2010-476,9 k €↑
  17. 2009
    Annual accounts 2009-745,2 k €↓
  18. 2008
    Annual accounts 2008642,4 k €
  19. 03/08/1987
    IncorporationPublic limited company