ACTIVE

GAZ

Financial year 2025 · closed on 30/06/2025
Net result
-17,9 k €
+26.4% YoY
Gross margin
-11,6 k €
+41.3% YoY
Equity
-88,4 k €
-25.4% YoY

What does GAZ do?

GAZ is a Private limited company incorporated in 1991. Its main activity is: Manufacture of ovens, furnaces and furnace burners. Its registered office is in Wevelgem.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0444.602.270
Incorporation
15/07/1991
Legal form
Private limited company
Registered office
Kortrijkstraat 466
8560 Wevelgem · FlandreSee on map
Contributed capital
25 000,00 €
Latest accounts
30/06/2025
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220202019201820172016201520142013201220112010200920082007
Income statement
Gross margin-11,6 k €-19,7 k €-8,7 k €-10,6 k €-87,6 €-1,1 k €-564 €154,2 €-1,1 k €-2,3 k €-4,7 k €-2,3 k €-2,1 k €-3,6 k €-347,8 €-1,9 k €-5,1 k €-1,8 k €
EBITDA-15,6 k €-20,9 k €-10,4 k €-12,5 k €-1 k €-2,2 k €-1,6 k €-844,2 €-2,1 k €-3,3 k €-5,8 k €-3,2 k €-3,4 k €-5,3 k €-1,4 k €-2,9 k €-6,4 k €-3,1 k €
Operating result-16,4 k €-22,6 k €-12 k €-14,1 k €-2,7 k €-3,8 k €-3,2 k €-2,5 k €-3,7 k €-4,9 k €-7,5 k €-4,8 k €-5 k €-6,9 k €-3 k €-4,5 k €-8 k €-4,7 k €
Net result-17,9 k €-24,3 k €-12,9 k €-15,3 k €-2,7 k €-3,9 k €-3,3 k €-2,5 k €-426,3 €-5 k €-7,5 k €-4,9 k €-5 k €-7,1 k €-3,1 k €-4,6 k €-8,2 k €-5,2 k €
Balance sheet
Equity-88,4 k €-70,5 k €-46,2 k €-33,3 k €-4 k €-1,3 k €2,6 k €5,9 k €8,4 k €8,9 k €13,8 k €21,3 k €26,2 k €31,2 k €38,3 k €41,3 k €45,9 k €54,1 k €
Total assets203,7 k €203,6 k €213 k €40,2 k €40 k €41,7 k €43,3 k €44,8 k €46,9 k €48,9 k €51,3 k €54,5 k €56 k €58,9 k €60,9 k €65,9 k €68,1 k €82,4 k €
Cash1,5 k €1,5 k €7,7 k €2,5 k €50,6 €174,6 €137,5 €69,9 €312,9 €87,1 €636,3 €678,5 €333,3 €1,2 k €2 k €3,5 k €2,7 k €13,2 k €
Debts292,2 k €274,1 k €259,2 k €73,4 k €43,9 k €42,9 k €40,6 k €38,8 k €38,4 k €40 k €37,5 k €33,1 k €29,8 k €27,6 k €22,5 k €24,5 k €22,2 k €28,1 k €
Governance

Board of directors

Seen on filing of 30/06/2025 · 2 active · 4 ended

Active mandates

Grando tech CVBA

Director · since 05 juin 2020

Represented by Grando PATRIZIO

Active
Officium Fiore

Director · 0714.940.181

Represented by Fiore Patrick

Active

Ended mandates

Grando tech

Director · since 05 juin 2020

Represented by Patrizio Grando

Ended
Grando Tech BO

Director

Represented by Patrizio Grando

Ended
Officium Fiore

Director · 0714.940.181

Represented by Patrick Fiore

Ended
Rudi VERFAILLIE

Manager

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/07/202401/07/202301/07/202201/07/202101/07/202001/07/2019
Closing of the financial year30/06/202530/06/202430/06/202330/06/202230/06/202130/06/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date30/01/202631/01/202505/12/202320/02/202328/02/202230/01/2021
General meeting06/12/202507/12/202404/12/202303/12/202206/12/202105/12/2020
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

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/06/202506/12/202530/01/2026DutchPDF
Abridged model30/06/202407/12/202431/01/2025DutchPDF
Micro model30/06/202304/12/202305/12/2023DutchPDF
Micro model30/06/202203/12/202220/02/2023DutchPDF
Micro model30/06/202106/12/202128/02/2022DutchPDF
Micro model30/06/202005/12/202030/01/2021DutchPDF
Micro model30/06/201910/09/201912/09/2019DutchPDF
Micro model30/06/201803/07/201826/07/2018DutchPDF
Micro model30/06/201711/08/201723/08/2017DutchPDF
Abridged model30/06/201608/07/201620/07/2016DutchPDF
Abridged model30/06/201519/12/201522/12/2015DutchPDF
Abridged model30/06/201411/07/201422/07/2014DutchPDF
Abridged model30/06/201321/12/201302/01/2014DutchPDF
Abridged model30/06/201215/12/201220/12/2012DutchPDF
Abridged model30/06/201117/12/201121/12/2011DutchPDF
Abridged model30/06/201018/12/201021/12/2010DutchPDF
Abridged model30/06/200919/12/200921/12/2009DutchPDF
Abridged model30/06/200820/12/200823/12/2008DutchPDF
Abridged model30/06/200715/12/200717/12/2007DutchPDF
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 30/06/2025 · 2 active · 4 ended

Active mandates

Grando tech CVBA

Director · since 05 juin 2020

Represented by Grando PATRIZIO

Active
Officium Fiore

Director · 0714.940.181

Represented by Fiore Patrick

Active

Ended mandates

Grando tech

Director · since 05 juin 2020

Represented by Patrizio Grando

Ended
Grando Tech BO

Director

Represented by Patrizio Grando

Ended
Officium Fiore

Director · 0714.940.181

Represented by Patrick Fiore

Ended
Rudi VERFAILLIE

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates17/06/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - BENAMING - DOEL - 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 2025-17,9 k €
  2. 2024
    Annual accounts 2024-24,3 k €
  3. 2023
    Annual accounts 2023-12,9 k €
  4. 2022
    Annual accounts 2022-15,3 k €
  5. 2020
    Annual accounts 2020-2,7 k €
  6. 2019
    Annual accounts 2019-3,9 k €
  7. 2018
    Annual accounts 2018-3,3 k €
  8. 2017
    Annual accounts 2017-2,5 k €
  9. 2016
    Annual accounts 2016-426,3 €
  10. 2015
    Annual accounts 2015-5 k €
  11. 2014
    Annual accounts 2014-7,5 k €
  12. 2013
    Annual accounts 2013-4,9 k €
  13. 2012
    Annual accounts 2012-5 k €
  14. 2011
    Annual accounts 2011-7,1 k €
  15. 2010
    Annual accounts 2010-3,1 k €
  16. 2009
    Annual accounts 2009-4,6 k €
  17. 2008
    Annual accounts 2008-8,2 k €
  18. 2007
    Annual accounts 2007-5,2 k €
  19. 15/07/1991
    IncorporationPrivate limited company