NORMAL SITUATION

GERMIM

Financial year 2024 · closed on 31/12/2024
Net result
1,2 M €
+631.5% YoY
Gross margin
942,9 k €
+457.0% YoY
Equity
10,5 M €
+81.0% YoY
Workforce
0,0 ETP

Company — Normal situation.

What does GERMIM do?

GERMIM is a company registered in Belgium.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0444.314.537
Legal form
Public limited company
Contributed capital
144 388,53 €
Latest accounts
31/12/2024
Average workforce
0,0 ETP
Joint committees (1)
  • 323
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20242023202220212018201720162015201420132012201120102009200820072006
Income statement
Gross margin942,9 k €169,3 k €-8,7 k €6 M €275,8 k €288,7 k €246,5 k €242,4 k €290,4 k €241,5 k €-126,3 k €200 k €185,5 k €181,1 k €155,2 k €161,5 k €187 k €
EBITDA927,4 k €165,4 k €-26,9 k €6 M €217,7 k €233,7 k €194,8 k €190 k €237,8 k €189,9 k €104,8 k €144 k €-154,2 k €126,3 k €105 k €118 k €140,4 k €
Operating result869,9 k €99,8 k €-86,3 k €5,9 M €107,2 k €130,2 k €92,2 k €93,9 k €153,6 k €111,5 k €24 k €114,9 k €-179,3 k €104,3 k €82,9 k €95,5 k €116,3 k €
Net result1,2 M €-233,4 k €-220,4 k €4,4 M €45,8 k €61,6 k €28,9 k €30,3 k €89,6 k €74,6 k €-34,3 k €98,6 k €-202,6 k €51,2 k €41,1 k €69,8 k €80,1 k €
Balance sheet
Equity10,5 M €5,8 M €6 M €6,3 M €1,1 M €1,1 M €1 M €987,4 k €957,2 k €867,6 k €793 k €827,3 k €728,7 k €931,3 k €880,1 k €839 k €769,1 k €
Total assets13,2 M €14,9 M €16,5 M €17,2 M €2,4 M €2,5 M €2,5 M €2,9 M €2,8 M €2,8 M €2,8 M €2 M €1,9 M €1,8 M €1,8 M €1,1 M €1,1 M €
Cash58,1 k €449,5 k €78,9 k €171,7 k €79 k €53,8 k €10,3 k €85,8 k €95,4 k €17,5 k €50,5 k €27 k €21,6 k €16,4 k €26,7 k €67,8 €
Debts1,2 M €7,7 M €8,9 M €9,4 M €1,3 M €1,4 M €1,5 M €1,9 M €1,9 M €1,9 M €2 M €864,7 k €853,9 k €879,3 k €932 k €224 k €288,6 k €
Other
Workforce0,0 ETP0,0 ETP0,6 ETP0,7 ETP0,7 ETP0,7 ETP0,7 ETP1,1 ETP1,1 ETP1,1 ETP1,1 ETP1,1 ETP1,1 ETP
Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 26 ended

Active mandates

infoWORKS

Director · since 06 février 2020 · 0452.788.575

Represented by Piet DE BRUYCKERE

Active
LDB Investments

Director · since 06 février 2020 · 0707.533.638

Represented by Laurent DE BRUYCKERE

Active

Ended mandates

infoWORKS

Managing director · since 16 janvier 2024 · until 06 juin 2030 · 0452.788.575

Represented by Piet De Bruyckere

Ended
LDB Investments

Managing director · since 16 janvier 2024 · until 06 juin 2030 · 0707.533.638

Represented by Laurent De Bruyckere

Ended
AD CONSTRUCT

Chairman of the board of directors · since 06 février 2020 · until 12 janvier 2024 · 0460.560.354

Represented by Axel Dossche

Ended
AD CONSTRUCT

Chairman of the board of directors · since 06 février 2020 · until 06 février 2026 · 0460.560.354

Represented by Axel Dossche

Ended
Annual accounts

Full financial information

202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelMicro modelMicro model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date12/08/202530/08/202415/01/202412/08/202230/08/202108/09/2020
General meeting30/06/202530/06/202412/01/202430/06/202203/06/202104/06/2020
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

34 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202430/06/202512/08/2025DutchPDF
Abridged model31/12/202330/06/202430/08/2024DutchPDF
Abridged model31/12/202212/01/202415/01/2024DutchPDF
Abridged model31/12/202130/06/202212/08/2022DutchPDF
Micro model31/12/202003/06/202130/08/2021DutchPDF
Micro model31/12/201904/06/202008/09/2020DutchPDF
Micro model31/12/201806/06/201928/06/2019DutchPDF
Micro model31/12/201707/06/201809/07/2018DutchPDF
Abridged model31/12/201601/06/201713/07/2017DutchPDF
Abridged model31/12/201502/06/201628/07/2016DutchPDF
Abridged model31/12/201404/06/201503/07/2015DutchPDF
Abridged model31/12/201305/06/201410/06/2014DutchPDF
Abridged model31/12/201206/06/201325/06/2013DutchPDF
Abridged model31/12/201107/06/201222/06/2012DutchPDF
Abridged model31/12/201015/06/201120/07/2011DutchPDF
Abridged model31/12/200903/06/201002/08/2010DutchPDF
Abridged model31/12/200804/06/200923/07/2009DutchPDF
Abridged model31/12/200705/06/200828/07/2008DutchPDF
Abridged model31/12/200607/06/200702/07/2007DutchPDF
Abridged model31/12/200501/06/200613/07/2006DutchPDF
Abridged model31/12/200402/06/200518/07/2005DutchPDF
Abridged model31/12/200303/06/200405/07/2004DutchPDF
Abridged model31/12/200205/06/200302/07/2003DutchPDF
Abridged model31/12/200106/06/200203/07/2002DutchPDF

View all 34 filings

Estimate

Indicative valuation

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 31/12/2024 · 2 active · 26 ended

Active mandates

infoWORKS

Director · since 06 février 2020 · 0452.788.575

Represented by Piet DE BRUYCKERE

Active
LDB Investments

Director · since 06 février 2020 · 0707.533.638

Represented by Laurent DE BRUYCKERE

Active

Ended mandates

infoWORKS

Managing director · since 16 janvier 2024 · until 06 juin 2030 · 0452.788.575

Represented by Piet De Bruyckere

Ended
LDB Investments

Managing director · since 16 janvier 2024 · until 06 juin 2030 · 0707.533.638

Represented by Laurent De Bruyckere

Ended
AD CONSTRUCT

Chairman of the board of directors · since 06 février 2020 · until 12 janvier 2024 · 0460.560.354

Represented by Axel Dossche

Ended
AD CONSTRUCT

Chairman of the board of directors · since 06 février 2020 · until 06 février 2026 · 0460.560.354

Represented by Axel Dossche

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. 2024
    Annual accounts 20241,2 M €
  2. 2023
    Annual accounts 2023-233,4 k €
  3. 2022
    Annual accounts 2022-220,4 k €
  4. 2021
    Annual accounts 20214,4 M €
  5. 2018
    Annual accounts 201845,8 k €
  6. 2017
    Annual accounts 201761,6 k €
  7. 2016
    Annual accounts 201628,9 k €
  8. 2015
    Annual accounts 201530,3 k €
  9. 2014
    Annual accounts 201489,6 k €
  10. 2013
    Annual accounts 201374,6 k €
  11. 2012
    Annual accounts 2012-34,3 k €
  12. 2011
    Annual accounts 201198,6 k €
  13. 2010
    Annual accounts 2010-202,6 k €
  14. 2009
    Annual accounts 200951,2 k €
  15. 2008
    Annual accounts 200841,1 k €
  16. 2007
    Annual accounts 200769,8 k €
  17. 2006
    Annual accounts 200680,1 k €