ACTIVE

GEMAVAR

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Financial year 2025 · closed on 31/12/2025
Net result
59,2 k €
-24.8% YoY
Gross margin
89,3 k €
-26.0% YoY
Equity
289,1 k €
-4.3% YoY

What does GEMAVAR do?

GEMAVAR is a Public limited company incorporated in 1991. Its main activity is: Growing of citrus fruits. Its registered office is in Deinze.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0446.112.106
Incorporation
30/12/1991
Legal form
Public limited company
Registered office
Kiekendreef 11
9800 Deinze · FlandreSee on map
Contributed capital
61 500,00 €
Latest accounts
31/12/2025
Activities (NACE)
01231Growing of citrus fruits· main01461Raising of swine/pigs01461Raising of swine/pigs
Contacts
2 public details availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20252024202320222021202020192018201720162015201420132012201120102009
Income statement
Gross margin89,3 k €120,6 k €64,8 k €79,9 k €85,8 k €43 k €44,1 k €51,2 k €225,6 k €39,9 k €-4,9 k €-85,2 k €-28,7 k €17,2 k €-77,5 k €-7,1 k €-12 k €
EBITDA87,5 k €119,8 k €64,2 k €76,3 k €82,7 k €37,9 k €42 k €49,6 k €218,7 k €38,5 k €-6,3 k €-87,3 k €-31,8 k €14,3 k €-79,9 k €-9,7 k €-14,5 k €
Operating result78,1 k €112,2 k €56,3 k €54,6 k €76,5 k €32,8 k €35,7 k €46,3 k €212,8 k €36,7 k €-16,6 k €-97 k €-33,6 k €9,2 k €-99 k €-37,3 k €-42,8 k €
Net result59,2 k €78,7 k €35,7 k €34,2 k €57 k €20,7 k €30,3 k €45,3 k €210,1 k €47,8 k €-19,3 k €-95,7 k €-37,4 k €4,9 k €-103 k €-40,6 k €-47,9 k €
Balance sheet
Equity289,1 k €302 k €223,3 k €187,5 k €153,4 k €96,3 k €75,6 k €245,8 k €200,6 k €-209,5 k €-257,3 k €-238 k €-142,2 k €-104,8 k €-109,7 k €-6,7 k €33,9 k €
Total assets594,5 k €589,5 k €607,5 k €490,9 k €472,4 k €370 k €352,4 k €310,4 k €291,7 k €61,2 k €85,5 k €218,2 k €293,3 k €318,4 k €302,7 k €283 k €364,7 k €
Cash357,4 k €366,3 k €187,2 k €87,7 k €24,7 k €60,8 k €168,5 k €122,5 k €161,6 k €46,3 k €5,1 k €4,9 k €41,7 k €2,3 k €10,9 k €9,5 k €39,1 k €
Debts305,4 k €287,5 k €384,2 k €303,4 k €319 k €241,9 k €241,6 k €64,6 k €91,1 k €270,7 k €342,8 k €456,2 k €435,5 k €423,2 k €408,7 k €286 k €323,4 k €
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 · 2 active · 14 ended

Active mandates

Cindy Schenkels

Mandate

Active
Geert Van De Geuchte

Mandate

Active

Ended mandates

Geert Van de Geuchte

Managing director · since 23 décembre 2016

Ended
Greta Vermeulen

Director · since 16 janvier 2010 · until 16 janvier 2016

Ended
Ludo Van de Steene

Managing director · since 16 janvier 2010 · until 16 janvier 2016

Ended
Cindy Schenkels

Director

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelMicro 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 date12/02/202610/02/202524/02/202420/06/202330/06/202218/06/2021
General meeting12/02/202610/02/202524/02/202420/06/202327/05/202228/05/2021
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 model31/12/202512/02/202612/02/2026DutchPDF
Abridged model31/12/202410/02/202510/02/2025DutchPDF
Abridged model31/12/202324/02/202424/02/2024DutchPDF
Abridged model31/12/202220/06/202320/06/2023DutchPDF
Abridged model31/12/202127/05/202230/06/2022DutchPDF
Micro model31/12/202028/05/202118/06/2021DutchPDF
Micro model31/12/201929/05/202007/10/2020DutchPDF
Abridged model31/12/201831/05/201909/07/2019DutchPDF
Abridged model31/12/201725/05/201820/06/2018DutchPDF
Abridged model30/06/201605/11/201607/11/2016DutchPDF
Abridged model30/06/201507/11/201516/11/2015DutchPDF
Abridged model30/06/201403/11/201405/11/2014DutchPDF
Abridged model30/06/201302/11/201314/11/2013DutchPDF
Abridged model30/06/201203/11/201206/11/2012DutchPDF
Abridged model30/06/201119/11/201122/11/2011DutchPDF
Abridged model30/06/201022/01/201114/02/2011DutchPDF
Abridged model30/06/200923/01/201022/02/2010DutchPDF
Abridged model30/06/200801/11/200829/01/2009DutchPDF
Abridged model30/06/200703/11/200728/11/2007DutchPDF
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 · 2 active · 14 ended

Active mandates

Cindy Schenkels

Mandate

Active
Geert Van De Geuchte

Mandate

Active

Ended mandates

Geert Van de Geuchte

Managing director · since 23 décembre 2016

Ended
Greta Vermeulen

Director · since 16 janvier 2010 · until 16 janvier 2016

Ended
Ludo Van de Steene

Managing director · since 16 janvier 2010 · until 16 janvier 2016

Ended
Cindy Schenkels

Director

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates05/07/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares03/11/2020
    KAPITAAL - AANDELEN - DIVERSEN
    PDF
  • Mandates13/03/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office14/01/2019
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other28/03/2017
    BOEKJAAR - DIVERSEN
    PDF
  • Registered office01/03/2017
    BENAMING - MAATSCHAPPELIJKE ZETEL - DOEL - KAPITAAL - AANDELEN - BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates30/01/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/03/2010
    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 202559,2 k €↓
  2. 2024
    Annual accounts 202478,7 k €↑
  3. 2023
    Annual accounts 202335,7 k €↑
  4. 2022
    Annual accounts 202234,2 k €↓
  5. 2021
    Annual accounts 202157 k €↑
  6. 2020
    Annual accounts 202020,7 k €↓
  7. 2019
    Annual accounts 201930,3 k €↓
  8. 2018
    Annual accounts 201845,3 k €↓
  9. 2017
    Annual accounts 2017210,1 k €↑
  10. 2016
    Annual accounts 201647,8 k €↑
  11. 2015
    Annual accounts 2015-19,3 k €↑
  12. 2014
    Annual accounts 2014-95,7 k €↓
  13. 2013
    Annual accounts 2013-37,4 k €↓
  14. 2012
    Annual accounts 20124,9 k €↑
  15. 2011
    Annual accounts 2011-103 k €↓
  16. 2010
    Annual accounts 2010-40,6 k €↑
  17. 2009
    Annual accounts 2009-47,9 k €
  18. 30/12/1991
    IncorporationPublic limited company