ACTIVE

GERMACO

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Financial year 2025 · closed on 31/08/2025
Net result
334,8 k €
+496.2% YoY
Gross margin
559,7 k €
+335.3% YoY
Equity
2,5 M €
+15.4% YoY

What does GERMACO do?

GERMACO is a Public limited company incorporated in 1990. Its registered office is in Ieper.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0441.678.117
Incorporation
19/09/1990
Legal form
Public limited company
Registered office
Zaalhof 8
8900 Ieper · FlandreSee on map
Contributed capital
87 500,00 €
Latest accounts
31/08/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 8 financial years

20252024202320222018200720032002
Income statement
Gross margin559,7 k €128,6 k €120 k €131,2 k €414,1 k €184,2 k €210,1 k €210,1 k €
EBITDA541,2 k €111,8 k €103,1 k €115,7 k €352,5 k €175,3 k €200,1 k €205,2 k €
Operating result475,3 k €42,1 k €29,6 k €42,5 k €224,8 k €125,9 k €166,5 k €175,7 k €
Net result334,8 k €56,2 k €30,2 k €-1,5 k €156,5 k €133 k €91,9 k €112,9 k €
Balance sheet
Equity2,5 M €2,2 M €2,1 M €2,1 M €1,9 M €1,6 M €1,1 M €994,7 k €
Total assets2,6 M €2,3 M €2,3 M €2,3 M €2,3 M €1,6 M €1,1 M €996,6 k €
Cash641,1 k €97,9 k €263,8 k €189,6 k €146,1 k €131 k €13,2 k €19,8 k €
Debts72,3 k €37 k €164,4 k €137,4 k €275,8 k €5,9 k €1,9 k €1,9 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/08/2025 · 3 active · 15 ended

Active mandates

Gerard Ostyn

Managing director

Active
Joseline Ostyn

Director

Active
Joselito Ostyn

Managing director

Active

Ended mandates

Gerard Ostyn

Managing director · since 08 mars 2013 · until 24 novembre 2018

Ended
Gerard Ostyn

Managing director · since 08 mars 2013

Ended
Joseline Ostyn

Director · since 08 mars 2013 · until 24 novembre 2018

Ended
Joseline Ostyn

Director · since 08 mars 2013

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/09/202401/09/202301/09/202201/09/202101/09/202001/09/2019
Closing of the financial year31/08/202531/08/202431/08/202331/08/202231/08/202131/08/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date08/12/202517/12/202415/01/202415/12/202218/03/202220/01/2021
General meeting28/11/202514/12/202418/12/202326/11/202228/02/202223/12/2020
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

22 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/08/202528/11/202508/12/2025DutchPDF
Micro model31/08/202414/12/202417/12/2024DutchPDF
Micro model31/08/202318/12/202315/01/2024DutchPDF
Micro model31/08/202226/11/202215/12/2022DutchPDF
Micro model31/08/202128/02/202218/03/2022DutchPDF
Micro model31/08/202023/12/202020/01/2021DutchPDF
Micro model31/08/201921/01/202003/02/2020DutchPDF
Micro model31/08/201831/12/201801/02/2019DutchPDF
Micro model31/08/201727/02/201809/03/2018DutchPDF
Abridged model31/08/201619/12/201605/01/2017DutchPDF
Abridged model31/08/201528/11/201503/02/2016DutchPDF
Abridged model31/08/201423/01/201511/03/2015DutchPDF
Abridged model31/08/201312/02/201404/03/2014DutchPDF
Abridged model31/08/201208/03/201328/03/2013DutchPDF
Abridged model31/08/201125/01/201217/02/2012DutchPDF
Abridged model31/08/201027/12/201028/01/2011DutchPDF
Abridged model31/08/200917/02/201019/02/2010DutchPDF
Abridged model31/08/200828/01/200924/02/2009DutchPDF
Abridged model31/08/200704/12/200707/01/2008DutchPDF
Abridged model31/08/200623/02/200727/02/2007DutchPDF
Abridged model31/08/200329/11/200304/07/2007DutchPDF
Abridged model31/08/200230/11/200204/07/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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 31/08/2025 · 3 active · 15 ended

Active mandates

Gerard Ostyn

Managing director

Active
Joseline Ostyn

Director

Active
Joselito Ostyn

Managing director

Active

Ended mandates

Gerard Ostyn

Managing director · since 08 mars 2013 · until 24 novembre 2018

Ended
Gerard Ostyn

Managing director · since 08 mars 2013

Ended
Joseline Ostyn

Director · since 08 mars 2013 · until 24 novembre 2018

Ended
Joseline Ostyn

Director · since 08 mars 2013

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates02/05/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/02/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares16/09/2013
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates13/06/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/02/2008
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/02/2004
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/01/2003
    ONTSLAGEN - BENOEMINGEN
    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 2025334,8 k €↑
  2. 2024
    Annual accounts 202456,2 k €↑
  3. 2023
    Annual accounts 202330,2 k €↑
  4. 2022
    Annual accounts 2022-1,5 k €↓
  5. 2018
    Annual accounts 2018156,5 k €↑
  6. 2007
    Annual accounts 2007133 k €↑
  7. 2003
    Annual accounts 200391,9 k €↓
  8. 2002
    Annual accounts 2002112,9 k €
  9. 19/09/1990
    IncorporationPublic limited company