ACTIVE

GDB

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Financial year 2025 · closed on 30/06/2025

Net result

997,7 k €

+21.4% YoY

Gross margin

126,5 k €

+27.5% YoY

Equity

24,4 M €

+4.3% YoY

Workforce

0,5 ETP

0.0% YoY

What does GDB do?

GDB is a Private limited company incorporated in 1988. Its registered office is in Oudenaarde. It employs on average 0,5 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0434.932.657

Incorporation

12/08/1988

Legal form

Private limited company

Registered office

Vijflindendries 7
9700 Oudenaarde · FlandreSee on map

Contributed capital

7 229 750,00 €

Latest accounts

30/06/2025

Average workforce

0,5 ETP

Joint committees (3)

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2009		2008		2007		2006
Income statement
Gross margin	126,5 k €	+27.5%	99,3 k €	+33.1%	74,6 k €	+21.5%	61,4 k €	+2.5%	59,8 k €	-23.5%	78,2 k €	-39.1%	128,4 k €	-49.7%	255,4 k €	+15.6%	220,9 k €	-15.0%	259,8 k €	+21.3%	214,2 k €	-40.5%	359,7 k €	-31.9%	528,5 k €	+12.7%	468,9 k €	-70.0%	1,6 M €	+269%	423,8 k €	+80.1%	235,3 k €	+1.7%	231,3 k €	-22.9%	300,1 k €
EBITDA	100,1 k €	+32.8%	75,3 k €	+56.8%	48 k €	+33.0%	36,1 k €	+7.2%	33,7 k €	-36.9%	53,4 k €	-50.0%	106,9 k €	-54.3%	233,8 k €	+17.6%	198,9 k €	-15.6%	235,7 k €	+20.3%	195,9 k €	-42.4%	340,2 k €	-33.4%	511 k €	+13.8%	449,1 k €	-70.7%	1,5 M €	+278%	404,9 k €	+85.9%	217,9 k €	+1.8%	213,9 k €	-24.7%	284,2 k €
Operating result	91,2 k €	+42.4%	64 k €	+66.1%	38,5 k €	+19.7%	32,2 k €	+1.4%	31,8 k €	+17.0%	27,1 k €	-65.8%	79,5 k €	-61.3%	205,3 k €	+19.7%	171,4 k €	-12.5%	196 k €	+9.6%	178,8 k €	-44.4%	321,8 k €	-34.7%	492,9 k €	+14.0%	432,4 k €	-71.6%	1,5 M €	+278%	401,6 k €	+98.9%	201,9 k €	+2.0%	198 k €	-25.3%	265,1 k €
Net result	997,7 k €	+21.4%	821,9 k €	+235%	245,7 k €	+147%	99,7 k €	+366%	21,4 k €	-98.2%	1,2 M €	-37.0%	1,9 M €	+339%	426,3 k €	-7.5%	460,8 k €	-29.1%	650,1 k €	-66.2%	1,9 M €	+727%	232,7 k €	-4.4%	243,4 k €	+104%	-6,5 M €	-181%	8 M €	+24.2%	6,4 M €	+5368%	118 k €	+146%	48 k €	-85.9%	340 k €
Balance sheet
Equity	24,4 M €	+4.3%	23,4 M €	+3.6%	22,5 M €	+1.1%	22,3 M €	+0.4%	22,2 M €	+0.1%	22,2 M €	+5.6%	21 M €	+9.8%	19,1 M €	+2.3%	18,7 M €	+49.6%	12,5 M €	+5.5%	11,8 M €	-14.5%	13,8 M €	+1.7%	13,6 M €	+1.8%	13,4 M €	-32.8%	19,9 M €	+67.4%	11,9 M €	+422%	2,3 M €	+5.5%	2,2 M €	+2.3%	2,1 M €
Total assets	25 M €	-5.3%	26,5 M €	+0.8%	26,2 M €	+1.9%	25,8 M €	+0.8%	25,6 M €	+2.8%	24,9 M €	+0.7%	24,7 M €	+5.1%	23,5 M €	+1.2%	23,2 M €	+31.9%	17,6 M €	+11.2%	15,8 M €	+13.8%	13,9 M €	-0.9%	14 M €	-0.2%	14,1 M €	-39.7%	23,3 M €	-0.1%	23,3 M €	+70.3%	13,7 M €	+181%	4,9 M €	+0.1%	4,9 M €
Cash	55,9 k €	+0.8%	55,5 k €	+967%	5,2 k €	-67.6%	16,1 k €	+6.8%	15 k €	-66.9%	45,4 k €	+46.9%	30,9 k €	-4.9%	32,5 k €	-16.7%	39 k €	-88.7%	344,6 k €	-28.9%	484,5 k €	+208%	157,2 k €	-16.3%	187,7 k €	+248%	53,9 k €	-92.1%	684,5 k €	-26.5%	931,2 k €	-32.9%	1,4 M €	+14404%	9,6 k €		–
Debts	688,9 k €	-77.6%	3,1 M €	-16.1%	3,7 M €	+7.0%	3,4 M €	+2.4%	3,4 M €	+24.9%	2,7 M €	-27.6%	3,7 M €	-15.1%	4,4 M €	-3.6%	4,5 M €	-11.5%	5,1 M €	+28.1%	4 M €	+5600%	70 k €	-83.5%	423,4 k €	-36.8%	670,4 k €	-80.4%	3,4 M €	-69.9%	11,4 M €	+1.0%	11,3 M €	+313%	2,7 M €	-1.6%	2,8 M €
Other
Workforce	0,5 ETP	0.0%	0,5 ETP		–		0,5 ETP	0.0%	0,5 ETP	0.0%	0,5 ETP	0.0%	0,5 ETP	0.0%	0,5 ETP	0.0%	0,5 ETP	0.0%	0,5 ETP	0.0%	0,5 ETP	0.0%	0,5 ETP	0.0%	0,5 ETP	0.0%	0,5 ETP	0.0%	0,5 ETP	0.0%	0,5 ETP	0.0%	0,5 ETP	0.0%	0,5 ETP	0.0%	0,5 ETP

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 30/06/2025 · 1 active · 3 ended

Active mandates

Geert De Brabandere

Manager

Active

Ended mandates

CASOVEF

Manager · since 04 avril 2011 · 0437.327.171

Represented by Evelyne Santens

Ended

CASOVEF

Manager · until 19 décembre 2014 · 0437.327.171

Represented by Evelyne Santens

Ended

CASOVEF

Manager · 0437.327.171

Represented by Evelyne Santens

Ended

At this address

Other companies at this address

Company	CBE no.
CASOVEF● Active	0437.327.171
GDB NEXT GEN● Active	0795.915.781
SANDEB● Active	0450.292.509

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	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	27/12/2025	08/12/2024	03/01/2024	19/12/2022	12/01/2022	13/01/2021
General meeting	13/12/2025	07/12/2024	28/12/2023	16/12/2022	30/12/2021	31/12/2020
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

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Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/06/2025	13/12/2025	27/12/2025	Dutch	PDF
Abridged model	30/06/2024	07/12/2024	08/12/2024	Dutch	PDF
Abridged model	30/06/2023	28/12/2023	03/01/2024	Dutch	PDF
Abridged model	30/06/2022	16/12/2022	19/12/2022	Dutch	PDF
Abridged model	30/06/2021	30/12/2021	12/01/2022	Dutch	PDF
Abridged model	30/06/2020	31/12/2020	13/01/2021	Dutch	PDF
Abridged model	30/06/2019	02/12/2019	04/12/2019	Dutch	PDF
Abridged model	30/06/2018	29/11/2018	01/12/2018	Dutch	PDF
Abridged model	30/06/2017	21/11/2017	22/11/2017	Dutch	PDF
Abridged model	30/06/2016	07/12/2016	08/12/2016	Dutch	PDF
Abridged model	30/06/2015	28/11/2015	05/12/2015	Dutch	PDF
Abridged model	30/06/2014	19/12/2014	25/12/2014	Dutch	PDF
Abridged model	30/06/2013	14/11/2013	26/03/2014	Dutch	PDF
Abridged model	30/06/2012	21/12/2012	06/02/2013	Dutch	PDF
Abridged model	30/06/2011	16/12/2011	23/01/2012	Dutch	PDF
Abridged model	30/09/2009	29/03/2010	30/03/2010	Dutch	PDF
Abridged model	30/09/2008	26/03/2009	25/05/2009	Dutch	PDF
Abridged model	30/09/2007	31/03/2008	28/04/2008	Dutch	PDF
Abridged model	30/09/2006	26/03/2007	20/04/2007	Dutch	PDF

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 30/06/2025 · 1 active · 3 ended

Active mandates

Geert De Brabandere

Manager

Active

Ended mandates

CASOVEF

Manager · since 04 avril 2011 · 0437.327.171

Represented by Evelyne Santens

Ended

CASOVEF

Manager · until 19 décembre 2014 · 0437.327.171

Represented by Evelyne Santens

Ended

CASOVEF

Manager · 0437.327.171

Represented by Evelyne Santens

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates15/05/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares08/08/2016
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares07/01/2015
KAPITAAL - AANDELEN
PDF
Mandates06/06/2011
ONTSLAGEN - BENOEMINGEN
PDF
Other01/10/2010
VERLENGING BOEKJAAR - WIJZIGING DATUM JAARVERGADERING
PDF
Capital / shares23/04/2009
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares09/10/2003
KAPITAAL - AANDELEN - ALGEMENE VERGADERING - 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 2025997,7 k €↑
2024
Annual accounts 2024821,9 k €↑
2023
Annual accounts 2023245,7 k €↑
2022
Annual accounts 202299,7 k €↑
2021
Annual accounts 202121,4 k €↓
2020
Annual accounts 20201,2 M €↓
2019
Annual accounts 20191,9 M €↑
2018
Annual accounts 2018426,3 k €↓
2017
Annual accounts 2017460,8 k €↓
2016
Annual accounts 2016650,1 k €↓
2015
Annual accounts 20151,9 M €↑
2014
Annual accounts 2014232,7 k €↓
2013
Annual accounts 2013243,4 k €↑
2012
Annual accounts 2012-6,5 M €↓
2011
Annual accounts 20118 M €↑
2009
Annual accounts 20096,4 M €↑
2008
Annual accounts 2008118 k €↑
2007
Annual accounts 200748 k €↓
2006
Annual accounts 2006340 k €
12/08/1988
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

GDB

Overview

What does GDB do?

Trend over 19 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