ACTIVE

GILBO

Financial year 2025 · closed on 31/12/2025
Net result
1,2 M €
-25.0% YoY
Revenue
3,4 M €
-13.4% YoY
Equity
22,1 M €
+3.1% YoY

What does GILBO do?

GILBO is a Public limited company incorporated in 1989. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Sint-Martens-Latem.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0438.857.593
Incorporation
30/10/1989
Legal form
Public limited company
Registered office
Kortrijksesteenweg 157
9830 Sint-Martens-Latem · FlandreSee on map
Contributed capital
211 815,66 €
Latest accounts
31/12/2025
Joint committees (2)
  • 200
  • 218
Signals
ProfitableSolid equityPositive cashflowPositive EBITDAHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202019201820172016201420132012201120102009200820072006
Income statement
Revenue3,4 M €3,9 M €3,9 M €4 M €1 M €1,2 M €1,1 M €1,3 M €232,1 k €309,4 k €
EBITDA2,8 M €3,2 M €3,3 M €3,4 M €3,3 M €2,7 M €3,7 M €7 M €2,1 M €1,5 M €576,1 k €619,6 k €342,7 k €811,5 k €531,6 k €293,4 k €342,7 k €240,6 k €1,8 M €
Operating result1,6 M €2,1 M €2,3 M €2,3 M €2,2 M €1,7 M €2,7 M €6 M €1,3 M €774,6 k €290,6 k €322,7 k €46,9 k €527,6 k €262,3 k €127,9 k €113,9 k €189,3 k €1,8 M €
Net result1,2 M €1,5 M €-762,9 k €1,6 M €1,5 M €1,1 M €1,7 M €3,9 M €686,5 k €868,9 k €163,5 k €380,3 k €-264,3 k €558,2 k €1,9 M €1,1 M €3,3 M €6,3 M €1,5 M €
Balance sheet
Equity22,1 M €21,4 M €20,4 M €28,6 M €27,5 M €26,5 M €25,7 M €25 M €21,1 M €20,4 M €16,5 M €16,4 M €16 M €16,3 M €15,7 M €13,8 M €12,7 M €9,4 M €3,3 M €
Total assets33,2 M €33,6 M €33,8 M €43,6 M €43,6 M €40,7 M €42,2 M €41,7 M €40,5 M €28,1 M €24,4 M €18,4 M €18,8 M €19,5 M €19,5 M €16,5 M €13,9 M €20,3 M €16,7 M €
Cash409 k €541,3 k €1,8 M €7,1 M €5,8 M €1,1 M €6,7 M €4,1 M €541 k €284,2 k €172,9 k €173,3 k €187,6 k €322,8 k €218,3 k €287,7 k €135,5 k €2,1 M €189,6 k €
Debts9,6 M €10,6 M €11,8 M €13,4 M €14,6 M €12,8 M €14,8 M €15,1 M €19,1 M €7,5 M €7,7 M €1,8 M €2,4 M €3 M €3,5 M €2,5 M €969,7 k €10,5 M €13,2 M €
Other
Workforce0,2 ETP1,0 ETP1,2 ETP2,0 ETP2,0 ETP2,0 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 · 4 active · 20 ended

Active mandates

DONA

Director · since 15 décembre 2023 · until 14 juin 2029 · 0448.086.649

Represented by William NAGELS

Active
ELIAS WHEMAB

Director · since 15 décembre 2023 · until 14 juin 2029 · 0429.362.976

Represented by Bart Elias

Active
TICACONSULT

Director · since 01 septembre 2022 · until 08 juin 2028 · 0636.809.156

Represented by Erik VAN DEN EYNDEN

Active
ViBel

Director · since 01 septembre 2022 · until 08 juin 2028 · 0657.793.127

Represented by Carl-Philip dE VILLEGAS dE CLERCAMP

Active

Ended mandates

DONA

Director · since 08 juin 2017 · until 15 décembre 2023 · 0448.086.649

Represented by William NAGELS

Ended
DONA

Managing director · since 08 juin 2017 · until 08 juin 2023 · 0448.086.649

Represented by WILLIAM NAGELS

Ended
DONA

Managing director · since 08 juin 2017 · until 08 juin 2023 · 0448.086.649

Represented by WILLIAM NAGELS

Ended
ELIAS WHEMAB

Director · since 08 juin 2017 · until 15 décembre 2023 · 0429.362.976

Represented by Bart ELIAS

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelAbridged modelAbridged 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 date08/09/202626/08/202530/09/202418/12/202322/07/202223/07/2021
General meeting31/08/202601/08/202530/09/202415/12/202309/06/202210/06/2021
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
Full model31/12/202531/08/202608/09/2026DutchPDF
Full model31/12/202401/08/202526/08/2025DutchPDF
Full model31/12/202330/09/202430/09/2024DutchPDF
Full model31/12/202215/12/202318/12/2023DutchPDF
Abridged model31/12/202109/06/202222/07/2022DutchPDF
Abridged model31/12/202010/06/202123/07/2021DutchPDF
Abridged model31/12/201911/06/202007/07/2020DutchPDF
Abridged model31/12/201813/06/201902/07/2019DutchPDF
Abridged model31/12/201714/06/201825/06/2018DutchPDF
Abridged model31/12/201608/06/201730/06/2017DutchPDF
Full model31/12/201509/06/201607/07/2016DutchPDF
Full model31/12/201411/06/201507/07/2015DutchPDF
Full model31/12/201312/06/201426/06/2014DutchPDF
Full model31/12/201213/06/201301/07/2013DutchPDF
Full model31/12/201114/06/201229/06/2012DutchPDF
Full model31/12/201009/06/201106/07/2011DutchPDF
Full model31/12/200910/06/201008/07/2010DutchPDF
Abridged model31/12/200811/06/200907/07/2009DutchPDF
Abridged model31/12/200712/06/200804/07/2008DutchPDF
Abridged model31/12/200614/06/200703/07/2007DutchPDF
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 · 4 active · 20 ended

Active mandates

DONA

Director · since 15 décembre 2023 · until 14 juin 2029 · 0448.086.649

Represented by William NAGELS

Active
ELIAS WHEMAB

Director · since 15 décembre 2023 · until 14 juin 2029 · 0429.362.976

Represented by Bart Elias

Active
TICACONSULT

Director · since 01 septembre 2022 · until 08 juin 2028 · 0636.809.156

Represented by Erik VAN DEN EYNDEN

Active
ViBel

Director · since 01 septembre 2022 · until 08 juin 2028 · 0657.793.127

Represented by Carl-Philip dE VILLEGAS dE CLERCAMP

Active

Ended mandates

DONA

Director · since 08 juin 2017 · until 15 décembre 2023 · 0448.086.649

Represented by William NAGELS

Ended
DONA

Managing director · since 08 juin 2017 · until 08 juin 2023 · 0448.086.649

Represented by WILLIAM NAGELS

Ended
DONA

Managing director · since 08 juin 2017 · until 08 juin 2023 · 0448.086.649

Represented by WILLIAM NAGELS

Ended
ELIAS WHEMAB

Director · since 08 juin 2017 · until 15 décembre 2023 · 0429.362.976

Represented by Bart ELIAS

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office01/09/2026
    Zetelverplaatsing
    PDF
  • Other02/06/2026
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN
    PDF
  • Mandates21/11/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/12/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office10/09/2021
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates19/07/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring28/08/2015
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring29/06/2015
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    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

Timeline

  1. 2025
    Annual accounts 20251,2 M €
  2. 2024
    Annual accounts 20241,5 M €
  3. 2023
    Annual accounts 2023-762,9 k €
  4. 2022
    Annual accounts 20221,6 M €
  5. 2021
    Annual accounts 20211,5 M €
  6. 2020
    Annual accounts 20201,1 M €
  7. 2019
    Annual accounts 20191,7 M €
  8. 2018
    Annual accounts 20183,9 M €
  9. 2017
    Annual accounts 2017686,5 k €
  10. 2016
    Annual accounts 2016868,9 k €
  11. 2014
    Annual accounts 2014163,5 k €
  12. 2013
    Annual accounts 2013380,3 k €
  13. 2012
    Annual accounts 2012-264,3 k €
  14. 2011
    Annual accounts 2011558,2 k €
  15. 2010
    Annual accounts 20101,9 M €
  16. 2009
    Annual accounts 20091,1 M €
  17. 2008
    Annual accounts 20083,3 M €
  18. 2007
    Annual accounts 20076,3 M €
  19. 2006
    Annual accounts 20061,5 M €
  20. 30/10/1989
    IncorporationPublic limited company