ACTIVE

GERIFARM

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Financial year 2025 · closed on 31/12/2025

Net result

-70,1 k €

-2739.1% YoY

Gross margin

2,1 M €

-0.1% YoY

Equity

1,2 M €

-5.6% YoY

What does GERIFARM do?

GERIFARM is a Public limited company incorporated in 1991. Its main activity is: General secondary education. Its registered office is in Bruxelles.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0444.699.369

Incorporation

16/07/1991

Legal form

Public limited company

Registered office

Avenue Jean-Baptiste Depaire 123
1020 Bruxelles · BruxellesSee on map

Contributed capital

123 946,76 €

Latest accounts

31/12/2025

Activities (NACE)

85315General secondary education· main 87301Residential care activities for the elderly and disabled 87301Residential care activities for the elderly and disabled

Joint committees (3)

Signals

Solid equityLow riskGood liquidityPositive EBITDAHealthy social debts

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Health score

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Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	2,1 M €	-0.1%	2,1 M €	+4.7%	2 M €	+11.7%	1,8 M €	+9.1%	1,6 M €	+1.0%	1,6 M €	+6.6%	1,5 M €	+4.4%	1,5 M €	+1.1%	1,4 M €	+2.6%	1,4 M €	+3.9%	1,4 M €	-0.1%	1,4 M €	+10.3%	1,2 M €	+19.0%	1 M €	-1.0%	1 M €	+1.2%	1 M €	+0.0%	1 M €	+8.5%	953,4 k €	+6.0%	899,7 k €	+8.8%	827,1 k €
EBITDA	1,3 k €	-98.7%	98,8 k €	+22.7%	80,5 k €	-4.1%	84 k €	-23.4%	109,6 k €	-40.4%	184 k €	+0.5%	183,1 k €	+22.9%	149 k €	-22.7%	192,6 k €	-2.8%	198,2 k €	+44.3%	137,3 k €	-42.3%	238,1 k €	+50.5%	158,2 k €	+813%	17,3 k €	-67.6%	53,5 k €	-58.5%	128,8 k €	-9.3%	141,9 k €	+31.3%	108,1 k €	+23.4%	87,6 k €	-34.2%	133,2 k €
Operating result	-68,2 k €	-1219%	6,1 k €	+171%	-8,6 k €	+62.6%	-22,9 k €	-412%	7,3 k €	-91.9%	90,5 k €	+8.0%	83,8 k €	+69.1%	49,6 k €	-51.7%	102,6 k €	+24.2%	82,6 k €	+313%	20 k €	-84.9%	132,4 k €	+121%	60 k €	+167%	-89,4 k €	-51.6%	-59 k €	-284%	32 k €	-31.5%	46,8 k €	+295%	11,8 k €	+198%	-12,1 k €	-141%	29,8 k €
Net result	-70,1 k €	-2739%	2,7 k €	-66.6%	7,9 k €	+140%	-19,8 k €	-287%	10,6 k €	-87.1%	81,6 k €	+45.2%	56,2 k €	+51.5%	37,1 k €	-45.7%	68,3 k €	-28.7%	95,9 k €	+389%	19,6 k €	-85.2%	132,7 k €	+123%	59,6 k €	+160%	-99,8 k €	-101%	-49,6 k €	-252%	32,5 k €	-25.4%	43,6 k €	+518%	7,1 k €	+129%	-23,9 k €	-263%	14,7 k €
Balance sheet
Equity	1,2 M €	-5.6%	1,2 M €	+0.2%	1,2 M €	+0.6%	1,2 M €	-1.6%	1,3 M €	+0.8%	1,2 M €	+7.0%	1,2 M €	+5.1%	1,1 M €	+3.5%	1,1 M €	+6.8%	999,3 k €	+10.6%	903,4 k €	+2.2%	883,8 k €	+11.0%	796 k €	+8.1%	736,5 k €	-11.9%	836,2 k €	-5.6%	885,8 k €	+3.8%	853,3 k €	+5.4%	809,7 k €	+0.9%	802,6 k €	-2.9%	826,6 k €
Total assets	1,6 M €	+1.4%	1,6 M €	-2.7%	1,6 M €	-4.9%	1,7 M €	+1.0%	1,7 M €	+8.5%	1,6 M €	+2.4%	1,5 M €	+12.0%	1,4 M €	+5.0%	1,3 M €	+10.1%	1,2 M €	+3.9%	1,1 M €	-4.1%	1,2 M €	+14.7%	1 M €	+7.0%	970,9 k €	-6.0%	1 M €	-0.2%	1 M €	-1.5%	1,1 M €	-46.6%	2 M €	+1.2%	1,9 M €	+7.8%	1,8 M €
Cash	374,4 k €	-10.5%	418,5 k €	-8.5%	457,4 k €	-19.1%	565,6 k €	+19.7%	472,4 k €	-38.4%	767,1 k €	+38.0%	555,9 k €	+55.1%	358,5 k €	+4.5%	343 k €	+24.1%	276,4 k €	+24.7%	221,6 k €	-25.3%	296,5 k €	+72.7%	171,7 k €	+49.4%	114,9 k €	+16.2%	98,9 k €	+41.7%	69,8 k €	-49.8%	138,9 k €	+445%	25,5 k €	-45.9%	47,1 k €	+464%	8,3 k €
Debts	442 k €	+28.8%	343,3 k €	-13.5%	397 k €	-18.8%	488,8 k €	+8.0%	452,6 k €	+37.2%	329,9 k €	-11.8%	374,1 k €	+40.7%	265,8 k €	+15.5%	230,2 k €	+22.9%	187,3 k €	-21.6%	238,8 k €	-22.4%	307,7 k €	+26.9%	242,5 k €	+3.4%	234,5 k €	+19.2%	196,6 k €	+31.4%	149,6 k €	-24.2%	197,5 k €	-82.9%	1,2 M €	+1.1%	1,1 M €	+16.8%	978,5 k €
Other
Workforce	–		–		31,7 ETP	-12.9%	36,4 ETP	+6.7%	34,1 ETP	-5.5%	36,1 ETP	+16.5%	31,0 ETP	-4.6%	32,5 ETP	+10.2%	29,5 ETP	+31.7%	22,4 ETP	-13.2%	25,8 ETP	+14.7%	22,5 ETP	+4.7%	21,5 ETP	+3.4%	20,8 ETP	+3.5%	20,1 ETP	+9.2%	18,4 ETP	+9.5%	16,8 ETP	-7.2%	18,1 ETP	+0.6%	18,0 ETP	+4.0%	17,3 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 20 ended

Active mandates

anita Demeyere

Director

Active

Ann Luppens

Director

Active

Etienne Luppens

Director

Active

Peter Luppens

Director

Active

Ended mandates

Ann Luppens

Director · since 01 février 2013 · until 31 janvier 2019

Ended

Peter Luppens

Director · since 01 février 2013 · until 31 janvier 2019

Ended

RUSTEL

Director · since 01 février 2013 · until 31 janvier 2019 · 0458.762.092

Represented by Etienne Luppens

Ended

RUSTEL

Director · since 01 février 2013 · until 31 janvier 2019 · 0458.762.092

Represented by Etienne Luppens

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	31/08/2026	30/09/2025	27/09/2024	11/11/2023	14/06/2022	14/12/2021
General meeting	30/06/2026	30/06/2025	30/06/2024	12/05/2023	13/05/2022	14/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

22 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	30/06/2026	31/08/2026	Dutch	PDF
Micro modelCorrection	31/12/2024	30/06/2025	30/09/2025	Dutch	PDF
Micro model	31/12/2024	30/06/2025	31/08/2025	Dutch	PDF
Abridged model	31/12/2023	30/06/2024	27/09/2024	Dutch	PDF
Abridged model	31/12/2022	12/05/2023	11/11/2023	Dutch	PDF
Abridged model	31/12/2021	13/05/2022	14/06/2022	Dutch	PDF
Abridged model	31/12/2020	14/05/2021	14/12/2021	Dutch	PDF
Abridged model	31/12/2019	08/10/2020	06/11/2020	Dutch	PDF
Abridged model	31/12/2018	10/05/2019	06/06/2019	Dutch	PDF
Abridged model	31/12/2017	28/06/2018	05/07/2018	Dutch	PDF
Abridged model	31/12/2016	12/05/2017	01/06/2017	Dutch	PDF
Abridged model	31/12/2015	13/05/2016	24/06/2016	Dutch	PDF
Abridged model	31/12/2014	08/05/2015	28/05/2015	Dutch	PDF
Abridged model	31/12/2013	20/06/2014	24/06/2014	Dutch	PDF
Abridged model	31/12/2012	10/05/2013	27/05/2013	Dutch	PDF
Abridged model	31/12/2011	30/06/2012	10/07/2012	Dutch	PDF
Abridged model	31/12/2010	29/06/2011	08/07/2011	Dutch	PDF
Abridged model	31/12/2009	14/06/2010	17/06/2010	Dutch	PDF
Abridged model	31/12/2008	26/06/2009	07/07/2009	Dutch	PDF
Abridged modelCorrection	31/12/2007	27/06/2008	30/10/2008	Dutch	PDF
Abridged model	31/12/2007	27/06/2008	04/07/2008	Dutch	PDF
Abridged model	31/12/2006	11/05/2007	21/05/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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

anita Demeyere

Director

Active

Ann Luppens

Director

Active

Etienne Luppens

Director

Active

Peter Luppens

Director

Active

Ended mandates

Ann Luppens

Director · since 01 février 2013 · until 31 janvier 2019

Ended

Peter Luppens

Director · since 01 février 2013 · until 31 janvier 2019

Ended

RUSTEL

Director · since 01 février 2013 · until 31 janvier 2019 · 0458.762.092

Represented by Etienne Luppens

Ended

RUSTEL

Director · since 01 février 2013 · until 31 janvier 2019 · 0458.762.092

Represented by Etienne Luppens

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Other13/06/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates13/06/2024
DOEL - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other06/05/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates26/03/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates31/05/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/04/2013
ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/11/2012
ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/04/2008
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

2025
Annual accounts 2025-70,1 k €↓
2024
Annual accounts 20242,7 k €↓
2023
Annual accounts 20237,9 k €↑
2022
Annual accounts 2022-19,8 k €↓
2021
Annual accounts 202110,6 k €↓
2020
Annual accounts 202081,6 k €↑
2019
Annual accounts 201956,2 k €↑
2018
Annual accounts 201837,1 k €↓
2017
Annual accounts 201768,3 k €↓
2016
Annual accounts 201695,9 k €↑
2015
Annual accounts 201519,6 k €↓
2014
Annual accounts 2014132,7 k €↑
2013
Annual accounts 201359,6 k €↑
2012
Annual accounts 2012-99,8 k €↓
2011
Annual accounts 2011-49,6 k €↓
2010
Annual accounts 201032,5 k €↓
2009
Annual accounts 200943,6 k €↑
2008
Annual accounts 20087,1 k €↑
2007
Annual accounts 2007-23,9 k €↓
2006
Annual accounts 200614,7 k €
16/07/1991
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

GERIFARM

Overview

What does GERIFARM do?

Trend over 20 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline