ACTIVE

GARKA

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Financial year 2025 · closed on 31/12/2025

Net result

551,9 k €

-36.0% YoY

Gross margin

1 M €

-17.6% YoY

Equity

1,4 M €

+3.1% YoY

Workforce

5,3 ETP

+23.3% YoY

What does GARKA do?

GARKA is a Private limited company incorporated in 1991. Its main activity is: Manufacture of other food products n.e.c.. Its registered office is in Ninove. It employs on average 5,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0444.760.638

Incorporation

09/07/1991

Legal form

Private limited company

Registered office

Nederwijk-Oost 300
9400 Ninove · FlandreSee on map

Contributed capital

18 592,01 €

Latest accounts

31/12/2025

Average workforce

5,3 ETP

Activities (NACE)

10890Manufacture of other food products n.e.c.· main 10890Manufacture of other food products n.e.c.15890Manufacture of leather and related products 46389Wholesale of other food, including fish, crustaceans and molluscs 46389Wholesale of other food, including fish, crustaceans and molluscs

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	1 M €	-17.6%	1,3 M €	+26.2%	991,1 k €	+5.6%	938,4 k €	-1.4%	951,5 k €	-7.4%	1 M €	-3.0%	1,1 M €	-20.0%	1,3 M €	+11.2%	1,2 M €	-20.5%	1,5 M €	+26.0%	1,2 M €	+7.5%	1,1 M €	+63.0%	679 k €	-35.3%	1 M €	+3.2%	1 M €	+4.3%	974,2 k €	+8.3%	899,2 k €	+8.5%	828,8 k €
EBITDA	700,9 k €	-27.8%	970,8 k €	+43.6%	675,9 k €	-5.7%	716,7 k €	+8.3%	661,8 k €	-2.3%	677,6 k €	-11.5%	765,8 k €	-24.6%	1 M €	+11.2%	913,8 k €	-22.7%	1,2 M €	+12.7%	1 M €	+17.6%	891,2 k €	+114%	417,1 k €	-46.8%	784 k €	-1.7%	797,3 k €	+5.3%	757 k €	+6.4%	711,7 k €	+20.4%	591 k €
Operating result	566,5 k €	-35.8%	882 k €	+47.5%	597,9 k €	-10.2%	666,1 k €	+10.1%	605,1 k €	+0.4%	602,9 k €	-10.7%	674,7 k €	-28.0%	937,8 k €	+13.0%	829,9 k €	-25.0%	1,1 M €	+11.5%	992,4 k €	+20.6%	822,8 k €	+132%	355,2 k €	-51.8%	736,6 k €	+5.4%	698,7 k €	+47.7%	473,2 k €	-15.7%	561,1 k €	+61.1%	348,2 k €
Net result	551,9 k €	-36.0%	861,9 k €	+53.8%	560,2 k €	-10.8%	628,1 k €	+11.8%	561,8 k €	+39.0%	404,1 k €	-2.2%	413 k €	-38.8%	675,2 k €	+44.4%	467,7 k €	-33.3%	700,7 k €	+3.9%	674,4 k €	+16.5%	579 k €	+161%	221,4 k €	-57.2%	518 k €	-0.2%	519 k €	+53.6%	337,9 k €	-20.2%	423,5 k €	+115%	197,1 k €
Balance sheet
Equity	1,4 M €	+3.1%	1,3 M €	+1.7%	1,3 M €	+4.8%	1,3 M €	+6.6%	1,2 M €	+49.8%	790,4 k €	+24.2%	636,3 k €	+2.1%	623,3 k €	+4.2%	598,1 k €	-5.1%	630,4 k €	-24.0%	829,8 k €	-3.0%	855,3 k €	+3.5%	826,4 k €	-39.0%	1,4 M €	+9.4%	1,2 M €	+34.5%	920,5 k €	+17.4%	783,9 k €	+39.9%	560,4 k €
Total assets	3 M €	+4.7%	2,8 M €	+2.7%	2,8 M €	-7.6%	3 M €	+16.4%	2,6 M €	+30.5%	2 M €	-12.5%	2,2 M €	-20.2%	2,8 M €	+27.0%	2,2 M €	-28.7%	3,1 M €	+14.3%	2,7 M €	+7.5%	2,5 M €	-4.4%	2,7 M €	-12.4%	3 M €	+5.8%	2,9 M €	+10.8%	2,6 M €	+23.1%	2,1 M €	+6.4%	2 M €
Cash	1,3 M €	-11.1%	1,5 M €	+26.2%	1,2 M €	+11.3%	1,1 M €	-6.3%	1,1 M €	+79.9%	636 k €	+9.2%	582,7 k €	-33.5%	876,3 k €	+25.7%	697 k €	-39.1%	1,1 M €	+42.1%	805,2 k €	-9.5%	889,8 k €	+50.1%	593 k €	-31.0%	859,7 k €	-6.7%	921,5 k €	+41.6%	650,8 k €	+167%	243,7 k €	-32.4%	360,2 k €
Debts	1,6 M €	+6.2%	1,5 M €	+3.7%	1,4 M €	-16.6%	1,7 M €	+24.7%	1,4 M €	+17.5%	1,2 M €	-27.0%	1,6 M €	-26.4%	2,2 M €	+35.2%	1,6 M €	-34.7%	2,5 M €	+31.1%	1,9 M €	+12.8%	1,7 M €	-8.0%	1,8 M €	+9.2%	1,7 M €	+3.0%	1,6 M €	-2.4%	1,7 M €	+26.5%	1,3 M €	-6.9%	1,4 M €
Other
Workforce	5,3 ETP	+23.3%	4,3 ETP	-21.8%	5,5 ETP	+37.5%	4,0 ETP	-34.4%	6,1 ETP	-17.6%	7,4 ETP	+5.7%	7,0 ETP	+32.1%	5,3 ETP	-17.2%	6,4 ETP	-16.9%	7,7 ETP	+114%	3,6 ETP	-29.4%	5,1 ETP	-31.1%	7,4 ETP	+4.2%	7,1 ETP	+9.2%	6,5 ETP	+1.6%	6,4 ETP	+33.3%	4,8 ETP	-22.6%	6,2 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 16 ended

Active mandates

BELROMA-INVEST

Manager · since 29 février 2024 · 0446.719.642

Represented by Katleen VAN UYTVANGHE

Active

Ended mandates

BELROMA-INVEST

Director · since 29 février 2024 · 0446.719.642

Represented by Katleen Van Uytvanghe

Ended

BELROMA-INVEST

Manager · since 10 septembre 2013 · 0446.719.642

Represented by Katleen Van Uytvanghe

Ended

BELROMA-INVEST

Director · since 10 septembre 2013 · 0446.719.642

Represented by Katleen Van Uytvanghe

Ended

BELROMA-INVEST

Manager · since 10 septembre 2013 · 0446.719.642

Represented by Katleen Van Uytvanghe

Ended

At this address

Other companies at this address

Company	CBE no.
BELROMA-INVEST● Active	0446.719.642
CHOC-O-LAIT HOLDING● Active	0433.369.472
GTS● Active	0837.834.629

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged 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	25/06/2026	31/07/2025	26/09/2024	30/06/2023	26/09/2022	24/08/2021
General meeting	16/05/2026	07/02/2025	18/05/2024	20/05/2023	21/05/2022	15/05/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	16/05/2026	25/06/2026	Dutch	PDF
Abridged model	31/12/2024	07/02/2025	31/07/2025	Dutch	PDF
Abridged model	31/12/2023	18/05/2024	26/09/2024	Dutch	PDF
Abridged model	31/12/2022	20/05/2023	30/06/2023	Dutch	PDF
Abridged model	31/12/2021	21/05/2022	26/09/2022	Dutch	PDF
Abridged model	31/12/2020	15/05/2021	24/08/2021	Dutch	PDF
Abridged model	31/12/2019	27/07/2020	18/09/2020	Dutch	PDF
Abridged model	31/12/2018	18/05/2019	28/08/2019	Dutch	PDF
Abridged model	31/12/2017	19/05/2018	27/08/2018	Dutch	PDF
Abridged model	31/12/2016	20/05/2017	28/09/2017	Dutch	PDF
Abridged model	31/12/2015	21/05/2016	30/08/2016	Dutch	PDF
Abridged model	31/12/2014	16/05/2015	28/08/2015	Dutch	PDF
Abridged model	31/12/2013	17/05/2014	07/07/2014	Dutch	PDF
Abridged model	31/12/2012	18/05/2013	26/08/2013	Dutch	PDF
Abridged model	31/12/2011	19/05/2012	24/08/2012	Dutch	PDF
Abridged model	31/12/2010	21/05/2011	04/07/2011	Dutch	PDF
Abridged model	31/12/2009	15/05/2010	18/06/2010	Dutch	PDF
Abridged model	31/12/2008	16/05/2009	27/08/2009	Dutch	PDF
Abridged model	31/12/2007	17/05/2008	18/07/2008	Dutch	PDF
Abridged model	31/12/2006	19/05/2007	20/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 · 1 active · 16 ended

Active mandates

BELROMA-INVEST

Manager · since 29 février 2024 · 0446.719.642

Represented by Katleen VAN UYTVANGHE

Active

Ended mandates

BELROMA-INVEST

Director · since 29 février 2024 · 0446.719.642

Represented by Katleen Van Uytvanghe

Ended

BELROMA-INVEST

Manager · since 10 septembre 2013 · 0446.719.642

Represented by Katleen Van Uytvanghe

Ended

BELROMA-INVEST

Director · since 10 septembre 2013 · 0446.719.642

Represented by Katleen Van Uytvanghe

Ended

BELROMA-INVEST

Manager · since 10 septembre 2013 · 0446.719.642

Represented by Katleen Van Uytvanghe

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates17/05/2024
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/12/2017
ONTSLAGEN - BENOEMINGEN - DIVERSEN
PDF
Mandates30/05/2014
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/01/2008
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares20/04/2007
ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office03/08/2005
MAATSCHAPPELIJKE ZETEL
PDF
Mandates08/10/2004
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 2025551,9 k €↓
2024
Annual accounts 2024861,9 k €↑
2023
Annual accounts 2023560,2 k €↓
2022
Annual accounts 2022628,1 k €↑
2021
Annual accounts 2021561,8 k €↑
2018
Annual accounts 2018404,1 k €↓
2017
Annual accounts 2017413 k €↓
2016
Annual accounts 2016675,2 k €↑
2015
Annual accounts 2015467,7 k €↓
2014
Annual accounts 2014700,7 k €↑
2013
Annual accounts 2013674,4 k €↑
2012
Annual accounts 2012579 k €↑
2011
Annual accounts 2011221,4 k €↓
2010
Annual accounts 2010518 k €↓
2009
Annual accounts 2009519 k €↑
2008
Annual accounts 2008337,9 k €↓
2007
Annual accounts 2007423,5 k €↑
2006
Annual accounts 2006197,1 k €
09/07/1991
IncorporationPrivate 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

GARKA

Overview

What does GARKA do?

Trend over 18 financial years

Indicative valuation

Board of directors

Other companies at this address

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