ACTIVE

GDS

Financial year 2025 · closed on 31/12/2025
Net result
1,8 k €
+6.4% YoY
Gross margin
4 k €
+11.0% YoY
Equity
109,2 k €
+1.7% YoY

What does GDS do?

GDS is a Public limited company incorporated in 1988. Its registered office is in Beauvechain.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0434.691.444
Incorporation
16/06/1988
Legal form
Public limited company
Registered office
Rue du Bois du Curé,T.-la-G. 3
1320 Beauvechain · WallonieSee on map
Contributed capital
66 000,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin4 k €3,6 k €2,8 k €4,1 k €4 k €3,6 k €3,8 k €4,2 k €4,5 k €4,7 k €5 k €4,4 k €4,6 k €4,2 k €3 k €3,9 k €3,9 k €3,9 k €3,3 k €3,3 k €
EBITDA2,4 k €2 k €1,3 k €2,7 k €2,6 k €2,3 k €2,4 k €2,9 k €3,2 k €3,4 k €3,7 k €3,1 k €3,4 k €3 k €3 k €2,7 k €2,7 k €2,8 k €2,2 k €2,2 k €
Operating result2,4 k €2 k €1,3 k €2,7 k €2,6 k €2,3 k €2,4 k €2,9 k €3,2 k €3,4 k €3,7 k €3,1 k €3,4 k €3 k €3 k €2,7 k €2,7 k €2,8 k €2,2 k €2,2 k €
Net result1,8 k €1,7 k €961,7 €1,9 k €1,9 k €1,7 k €1,7 k €1,7 k €3,1 k €3,4 k €3,9 k €3 k €3,4 k €2,8 k €2,8 k €2,3 k €2,1 k €2 k €1,2 k €812 €
Balance sheet
Equity109,2 k €107,4 k €105,7 k €104,8 k €102,8 k €100,9 k €99,2 k €97,5 k €95,8 k €92,7 k €89,3 k €85,5 k €82,5 k €79,1 k €76,2 k €73,4 k €71,1 k €69,1 k €67,1 k €65,8 k €
Total assets191,9 k €190,2 k €194 k €195,5 k €202,3 k €190,4 k €189,1 k €187,5 k €190,6 k €207,5 k €204,1 k €200,4 k €197,3 k €193,9 k €191 k €187,2 k €185,6 k €186,5 k €188,4 k €184,1 k €
Cash6,2 k €1,1 k €5,3 k €1,3 k €3,7 k €1,2 k €4,3 k €579,4 €5,7 k €4,1 k €6,2 k €172 €492 €398 €2,3 k €3,3 k €1,7 k €2,7 k €4,6 k €242 €
Debts82,8 k €82,8 k €88,2 k €90,7 k €99,4 k €89,5 k €89,8 k €90 k €94,8 k €114,8 k €114,8 k €114,9 k €114,8 k €114,8 k €114,8 k €113,8 k €114,5 k €117,5 k €121,4 k €118,3 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 8 ended

Active mandates

GODELIEVE VANDERHAEGEN-GOFFIN

Director · since 08 mai 2023 · until 08 mai 2029

Active
LAURENT STRUELENS

Director · since 08 mai 2023 · until 08 mai 2029

Active
MARC STRUELENS

Managing director · since 08 mai 2023 · until 08 mai 2029

Active
NATHALIE STRUELENS

Director · since 08 mai 2023 · until 08 mai 2029

Active

Ended mandates

GODELIEVE VANDERHAEGEN-GOFFIN

Director · since 08 mai 2017 · until 08 mai 2023

Ended
LAURENT STRUELENS

Director · since 08 mai 2017 · until 08 mai 2023

Ended
MARC STRUELENS

Managing director · since 08 mai 2017 · until 08 mai 2023

Ended
NATHALIE STRUELENS

Director · since 08 mai 2017 · until 08 mai 2023

Ended
At this address

Other companies at this address

CompanyCBE no.
0763.471.558
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro 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 date10/06/202627/05/202522/08/202413/07/202325/07/202212/07/2021
General meeting11/05/202612/05/202531/07/202408/05/202309/05/202210/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202511/05/202610/06/2026FrenchPDF
Micro model31/12/202412/05/202527/05/2025FrenchPDF
Micro model31/12/202331/07/202422/08/2024FrenchPDF
Micro model31/12/202208/05/202313/07/2023FrenchPDF
Micro model31/12/202109/05/202225/07/2022FrenchPDF
Micro model31/12/202010/05/202112/07/2021FrenchPDF
Micro model31/12/201911/05/202001/07/2020FrenchPDF
Micro model31/12/201813/05/201914/06/2019FrenchPDF
Micro model31/12/201718/05/201821/06/2018FrenchPDF
Abridged model31/12/201608/05/201718/05/2017FrenchPDF
Abridged model31/12/201520/06/201605/07/2016FrenchPDF
Abridged model31/12/201411/05/201529/05/2015FrenchPDF
Abridged model31/12/201312/05/201405/06/2014FrenchPDF
Abridged model31/12/201213/05/201328/05/2013FrenchPDF
Abridged model31/12/201114/05/201225/05/2012FrenchPDF
Abridged model31/12/201009/05/201111/05/2011FrenchPDF
Abridged model31/12/200903/05/201005/05/2010FrenchPDF
Abridged model31/12/200811/05/200910/06/2009FrenchPDF
Abridged model31/12/200713/05/200812/06/2008FrenchPDF
Abridged model31/12/200614/05/200707/06/2007FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 · 8 ended

Active mandates

GODELIEVE VANDERHAEGEN-GOFFIN

Director · since 08 mai 2023 · until 08 mai 2029

Active
LAURENT STRUELENS

Director · since 08 mai 2023 · until 08 mai 2029

Active
MARC STRUELENS

Managing director · since 08 mai 2023 · until 08 mai 2029

Active
NATHALIE STRUELENS

Director · since 08 mai 2023 · until 08 mai 2029

Active

Ended mandates

GODELIEVE VANDERHAEGEN-GOFFIN

Director · since 08 mai 2017 · until 08 mai 2023

Ended
LAURENT STRUELENS

Director · since 08 mai 2017 · until 08 mai 2023

Ended
MARC STRUELENS

Managing director · since 08 mai 2017 · until 08 mai 2023

Ended
NATHALIE STRUELENS

Director · since 08 mai 2017 · until 08 mai 2023

Ended
Shareholders

Ownership and network

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Competition

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 20251,8 k €
  2. 2024
    Annual accounts 20241,7 k €
  3. 2023
    Annual accounts 2023961,7 €
  4. 2022
    Annual accounts 20221,9 k €
  5. 2021
    Annual accounts 20211,9 k €
  6. 2020
    Annual accounts 20201,7 k €
  7. 2019
    Annual accounts 20191,7 k €
  8. 2018
    Annual accounts 20181,7 k €
  9. 2017
    Annual accounts 20173,1 k €
  10. 2016
    Annual accounts 20163,4 k €
  11. 2015
    Annual accounts 20153,9 k €
  12. 2014
    Annual accounts 20143 k €
  13. 2013
    Annual accounts 20133,4 k €
  14. 2012
    Annual accounts 20122,8 k €
  15. 2011
    Annual accounts 20112,8 k €
  16. 2010
    Annual accounts 20102,3 k €
  17. 2009
    Annual accounts 20092,1 k €
  18. 2008
    Annual accounts 20082 k €
  19. 2007
    Annual accounts 20071,2 k €
  20. 2006
    Annual accounts 2006812 €
  21. 16/06/1988
    IncorporationPublic limited company