ACTIVE

Cartiere del Garda Benelux

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Financial year 2025 · Closed on 31/12/2025

Net result302,9 k €+962,6 %over 1 year
Gross margin842,4 k €+2,5 %over 1 year
Equity708,8 k €+74,6 %over 1 year
Workforce2,0 ETP-37,5 %over 1 year

Identity

Source · BCE/KBO

Cartiere del Garda Benelux is a Public limited company incorporated in 1990. Its main activity is: Agents specialised in the sale of other particular products. Its registered office is in Etterbeek. It employs on average 2,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0442.395.620
Incorporation
11/12/1990
Legal form
Public limited company
Registered office
Boulevard Louis Schmidt 87 box 8
1040 Etterbeek · BruxellesSee on map
Contributed capital
61 500,00 €
Latest accounts
31/12/2025
Average workforce
2,0 ETP
Joint committees (4)
  • 2000
  • 20000
  • 200000
  • 218
Contacts
3 public details availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 19 financial years

20252024202320222021
Income statement
Gross margin842,4 k €822,1 k €1,3 M €2,2 M €1,1 M €
EBITDA529,9 k €-26,4 k €250,3 k €1,4 M €347,8 k €
Operating result415,4 k €-27,5 k €247,9 k €1,4 M €346,2 k €
Net result302,9 k €-35,1 k €170,1 k €1 M €265,1 k €
Balance sheet
Equity708,8 k €405,8 k €441 k €1,3 M €261,3 k €
Total assets787,4 k €628,6 k €1,7 M €1,5 M €562,6 k €
Cash290,3 k €446,9 k €1,4 M €1,3 M €193,6 k €
Debts78,6 k €222,8 k €1,2 M €219,9 k €297,3 k €
Other
Workforce2,0 ETP3,2 ETP7,7 ETP7,7 ETP6,9 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 24 ended

Active mandates

Michele FERRARI

Director · since 31 mai 2024 · until 31 mai 2030

Active
Corrado LIGNANA

Director · since 19 mai 2020 · until 19 mai 2026

Active

Ended mandates

Michele FERRARI

Director · since 08 mai 2018 · until 15 mai 2024

Ended
MICHELE FERRARI

Managing director · since 08 mai 2018 · until 15 mai 2024

Ended
Fernando SANZ PINTO

Managing director · since 30 juin 2015 · until 31 mars 2016

Ended
CORRADO LIGNAGNA

Director · since 07 mai 2014 · until 20 mai 2020

Ended

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Boulevard Louis Schmidt 87 1040 Etterbeek
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Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged 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 date10/06/202620/06/202502/07/202428/07/202326/07/202207/06/2021
General meeting29/05/202621/05/202531/05/202431/05/202318/05/202217/05/2021
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
Abridged model31/12/202529/05/202610/06/2026FrenchPDF
Abridged model31/12/202421/05/202520/06/2025DutchPDF
Abridged model31/12/202331/05/202402/07/2024FrenchPDF
Abridged model31/12/202231/05/202328/07/2023FrenchPDF
Abridged model31/12/202118/05/202226/07/2022FrenchPDF
Abridged model31/12/202017/05/202107/06/2021FrenchPDF
Abridged model31/12/201910/06/202030/06/2020FrenchPDF
Abridged model31/12/201808/05/201912/06/2019FrenchPDF
Full model31/12/201708/05/201831/07/2018FrenchPDF
Full model31/12/201624/05/201709/08/2017FrenchPDF
Full model31/12/201518/04/201605/08/2016FrenchPDF
Full model31/12/201430/06/201502/07/2015FrenchPDF
Full model31/12/201307/05/201410/07/2014FrenchPDF
Full model31/12/201223/04/201324/07/2013FrenchPDF
Full model31/12/201104/06/201209/07/2012FrenchPDF
Abridged model31/12/201010/06/201104/07/2011FrenchPDF
Abridged model31/12/200915/04/201009/08/2010FrenchPDF
Abridged model31/12/200820/05/200915/07/2009FrenchPDF
Abridged model31/12/200721/05/200819/09/2008FrenchPDF
Abridged model31/12/200616/05/200726/07/2007FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 24 ended

Active mandates

Michele FERRARI

Director · since 31 mai 2024 · until 31 mai 2030

Active
Corrado LIGNANA

Director · since 19 mai 2020 · until 19 mai 2026

Active

Ended mandates

Michele FERRARI

Director · since 08 mai 2018 · until 15 mai 2024

Ended
MICHELE FERRARI

Managing director · since 08 mai 2018 · until 15 mai 2024

Ended
Fernando SANZ PINTO

Managing director · since 30 juin 2015 · until 31 mars 2016

Ended
CORRADO LIGNAGNA

Director · since 07 mai 2014 · until 20 mai 2020

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates19/08/2026
    Renouvellement de mandats d'administrateur et de délégué à la gestion
    PDF
  • Mandates05/08/2026
    DENOMINATION
    PDF
  • Mandates28/05/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates03/07/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office27/10/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - SIEGE SOCIAL
    PDF
  • Mandates01/03/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates04/06/2018
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates15/12/2016
    DEMISSIONS, NOMINATIONS
    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 2025302,9 k €↑
  2. 2024
    Annual accounts 2024-35,1 k €↓
  3. 2023
    Annual accounts 2023170,1 k €↓
  4. 2022
    Annual accounts 20221 M €↑
  5. 2021
    Annual accounts 2021265,1 k €↑
  6. 2020
    Annual accounts 2020-100,2 k €↑
  7. 2019
    Annual accounts 2019-105,5 k €↓
  8. 2018
    Annual accounts 201878,9 k €↑
  9. 2017
    Annual accounts 2017-123,9 k €↓
  10. 2016
    Annual accounts 2016-34,2 k €↓
  11. 2015
    Annual accounts 2015195,5 €↓
  12. 2014
    Annual accounts 201486,7 k €↑
  13. 2013
    Annual accounts 201350,3 k €↓
  14. 2012
    Annual accounts 2012119,7 k €↑
  15. 2011
    Annual accounts 201145,9 k €↓
  16. 2010
    Annual accounts 2010102,1 k €↑
  17. 2009
    Annual accounts 2009-99,3 k €↓
  18. 2008
    Annual accounts 20082 k €↓
  19. 2006
    Annual accounts 200637,1 k €
  20. 11/12/1990
    IncorporationPublic limited company