ACTIVE

GAETHOFS

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Financial year 2025 · closed on 30/09/2025
Net result
-308,7 k €
-32732.1% YoY
Gross margin
550,8 k €
-35.8% YoY
Equity
665,4 k €
-31.7% YoY
Workforce
12,1 ETP
+236.1% YoY

What does GAETHOFS do?

GAETHOFS is a Private limited company incorporated in 1992. Its registered office is in Herk-de-Stad. It employs on average 12,1 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0448.685.277
Incorporation
16/11/1992
Legal form
Private limited company
Registered office
Pastorijstraat 7
3540 Herk-de-Stad · FlandreSee on map
Contributed capital
32 221,06 €
Latest accounts
30/09/2025
Average workforce
12,1 ETP
Joint committees (3)
  • 149
  • 14904
  • 20100
Signals
Good liquidityHealthy social debts
View the BCE/KBO Public Search record →
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20252024202220212018201720162015201420132012201120102009200820072006
Income statement
Gross margin550,8 k €857,4 k €283,7 k €349,4 k €162 k €84,6 k €51,5 k €122,2 k €119,4 k €119,1 k €92,2 k €93,8 k €78,2 k €69 k €69,5 k €43,2 k €31,5 k €
EBITDA-104,1 k €192,5 k €81,5 k €231,6 k €111 k €42,2 k €23,7 k €83,7 k €77,9 k €68,8 k €51 k €53,4 k €53 k €42,4 k €43,3 k €15,6 k €9,7 k €
Operating result-209,4 k €100,4 k €57,6 k €210,3 k €89,5 k €16,5 k €6,4 k €67,5 k €60,2 k €48,4 k €26,8 k €34,6 k €34,1 k €26,2 k €26,8 k €2,4 k €-2,8 k €
Net result-308,7 k €946 €26,8 k €142,1 k €56 k €-416,9 €-3,1 k €41,6 k €36,6 k €28,8 k €13,3 k €16,4 k €18,9 k €11,1 k €10,4 k €-13,8 k €-19,9 k €
Balance sheet
Equity665,4 k €974,1 k €767,7 k €740,9 k €226,3 k €176,7 k €177,2 k €180,2 k €138,6 k €102 k €73,1 k €59,8 k €43,3 k €24,5 k €13,4 k €3 k €16,8 k €
Total assets3 M €3,4 M €2,1 M €1,9 M €741,3 k €641,5 k €605,8 k €465,6 k €442,5 k €372,8 k €350,7 k €350,4 k €338,7 k €328,7 k €349 k €345,5 k €324,3 k €
Cash206,9 k €242,8 k €5,5 k €21,4 k €15,2 k €25,2 k €23,6 k €60,3 k €8,7 k €4,4 k €7,2 k €5,6 k €6,9 k €15,2 k €12 k €12,7 k €6,9 k €
Debts2,3 M €2,4 M €1,3 M €1,1 M €514,6 k €464,7 k €428,7 k €285,4 k €303,9 k €270,8 k €276,6 k €290,6 k €295,4 k €304,2 k €335,6 k €341 k €307,5 k €
Other
Workforce12,1 ETP3,6 ETP3,6 ETP2,6 ETP1,0 ETP1,0 ETP0,8 ETP0,9 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP0,7 ETP0,9 ETP1,0 ETP1,0 ETP1,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 30/09/2025 · 3 active · 9 ended

Active mandates

Cédric de Kerchove

Director · since 08 janvier 2026

Active
Kris Voet

Director · since 08 janvier 2026

Active
Valérie Le Duc

Director · since 08 janvier 2026

Active

Ended mandates

Kevin Smets

Director · since 31 octobre 2024

Ended
TBX-Immo

Director · since 13 novembre 2020 · 0758.416.868

Represented by Inez GAETHOFS

Ended
Adrien Gaethofs

Director · since 27 novembre 1992

Ended
Anita Thys

Director · since 27 novembre 1992

Ended
Annual accounts

Full financial information

202520242022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/10/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year30/09/202530/09/202431/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months21 months12 months12 months12 months12 months
Filing date30/04/202629/04/202525/07/202315/06/202209/06/202106/04/2020
General meeting30/03/202631/03/202531/05/202331/05/202231/05/202103/04/2020
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 model30/09/202530/03/202630/04/2026DutchPDF
Abridged model30/09/202431/03/202529/04/2025DutchPDF
Abridged model31/12/202231/05/202325/07/2023DutchPDF
Abridged model31/12/202131/05/202215/06/2022DutchPDF
Abridged model31/12/202031/05/202109/06/2021DutchPDF
Abridged model31/12/201903/04/202006/04/2020DutchPDF
Abridged model31/12/201831/05/201918/06/2019DutchPDF
Abridged model31/12/201731/05/201801/06/2018DutchPDF
Abridged model31/12/201631/05/201709/08/2017DutchPDF
Abridged model31/12/201531/05/201626/07/2016DutchPDF
Abridged model31/12/201430/05/201510/06/2015DutchPDF
Abridged model31/12/201331/05/201430/07/2014DutchPDF
Abridged model31/12/201231/05/201327/06/2013DutchPDF
Abridged model31/12/201131/05/201207/06/2012DutchPDF
Abridged model31/12/201031/05/201108/06/2011DutchPDF
Abridged model31/12/200931/05/201009/06/2010DutchPDF
Abridged model31/12/200829/05/200904/06/2009DutchPDF
Abridged model31/12/200730/05/200823/06/2008DutchPDF
Abridged model31/12/200631/05/200713/06/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 30/09/2025 · 3 active · 9 ended

Active mandates

Cédric de Kerchove

Director · since 08 janvier 2026

Active
Kris Voet

Director · since 08 janvier 2026

Active
Valérie Le Duc

Director · since 08 janvier 2026

Active

Ended mandates

Kevin Smets

Director · since 31 octobre 2024

Ended
TBX-Immo

Director · since 13 novembre 2020 · 0758.416.868

Represented by Inez GAETHOFS

Ended
Adrien Gaethofs

Director · since 27 novembre 1992

Ended
Anita Thys

Director · since 27 novembre 1992

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates04/02/2026
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/12/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring25/11/2024
    DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring02/09/2024
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates10/05/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/12/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DIVERSEN - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates18/12/2020
    ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
    PDF
  • Capital / shares24/06/2004
    ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    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 2025-308,7 k €↓
  2. 2024
    Annual accounts 2024946 €↓
  3. 2022
    Annual accounts 202226,8 k €↓
  4. 2021
    Annual accounts 2021142,1 k €↑
  5. 2018
    Annual accounts 201856 k €↑
  6. 2017
    Annual accounts 2017-416,9 €↑
  7. 2016
    Annual accounts 2016-3,1 k €↓
  8. 2015
    Annual accounts 201541,6 k €↑
  9. 2014
    Annual accounts 201436,6 k €↑
  10. 2013
    Annual accounts 201328,8 k €↑
  11. 2012
    Annual accounts 201213,3 k €↓
  12. 2011
    Annual accounts 201116,4 k €↓
  13. 2010
    Annual accounts 201018,9 k €↑
  14. 2009
    Annual accounts 200911,1 k €↑
  15. 2008
    Annual accounts 200810,4 k €↑
  16. 2007
    Annual accounts 2007-13,8 k €↑
  17. 2006
    Annual accounts 2006-19,9 k €
  18. 16/11/1992
    IncorporationPrivate limited company