ACTIVE

G.S.B.M.

Export PDF

Financial year 2025 · closed on 30/06/2025

Net result

204,6 k €

-35.2% YoY

Gross margin

297,2 k €

-15.6% YoY

Equity

2,3 M €

+9.8% YoY

Workforce

1,0 ETP

What does G.S.B.M. do?

G.S.B.M. is a Public limited company incorporated in 1993. Its main activity is: Wholesale of meat and meat products. Its registered office is in Stavelot. It employs on average 1,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0449.429.506

Incorporation

17/02/1993

Legal form

Public limited company

Registered office

Place du 18 décembre 1944 1
4970 Stavelot · WallonieSee on map

Contributed capital

62 000,00 €

Latest accounts

30/06/2025

Average workforce

1,0 ETP

Activities (NACE)

46321Wholesale of meat and meat products· main 46321Wholesale of meat and meat products 51321Air transport 64200Activities of holding companies 64210Activities of holding companies 74151Specialised design activities+3

Joint committees (4)

119
1190
201
2010

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

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	297,2 k €	-15.6%	352 k €	+8.8%	323,6 k €	+46.8%	220,4 k €	-9.2%	242,8 k €	-3.4%	251,4 k €	+69.6%	148,2 k €	+5.5%	140,4 k €	-1.2%	142,2 k €	+17.4%	121,1 k €	-38.7%	197,6 k €	+40.1%	141,1 k €	-5.9%	149,9 k €	+2.4%	146,4 k €	-8.7%	160,4 k €	+5.2%	152,4 k €	-15.5%	180,4 k €	+9.5%	164,8 k €	-34.7%	252,5 k €	-3.4%	261,3 k €
EBITDA	221,4 k €	-23.4%	288,8 k €	+8.3%	266,8 k €	+72.8%	154,4 k €	-14.7%	181 k €	-4.3%	189,1 k €	+103%	93 k €	+22.3%	76 k €	-17.0%	91,6 k €	+42.3%	64,4 k €	-44.1%	115,3 k €	+33.8%	86,1 k €	-11.0%	96,8 k €	+2.3%	94,6 k €	-14.3%	110,4 k €	+0.7%	109,7 k €	+16.7%	93,9 k €	+42.7%	65,8 k €	-56.0%	149,6 k €	-0.1%	149,7 k €
Operating result	187,6 k €	-26.8%	256,1 k €	+9.1%	234,8 k €	+98.0%	118,6 k €	-19.7%	147,7 k €	+273%	39,6 k €	-35.2%	61,1 k €	-1.3%	61,9 k €	-24.3%	81,8 k €	+57.6%	51,9 k €	-44.8%	94 k €	+32.7%	70,9 k €	-14.0%	82,4 k €	+8.8%	75,7 k €	-15.2%	89,3 k €	+4.9%	85,1 k €	+24.7%	68,3 k €	+1656%	3,9 k €	-94.9%	76,8 k €	+11.0%	69,2 k €
Net result	204,6 k €	-35.2%	315,7 k €	+23.9%	254,8 k €	+148%	102,9 k €	-52.2%	215,2 k €	+419%	41,4 k €	-89.9%	411,1 k €	+219%	129 k €	-9.3%	142,2 k €	+13.7%	125,1 k €	-13.3%	144,3 k €	+10.8%	130,2 k €	+132%	56,1 k €	-62.7%	150,4 k €	+2.3%	147,1 k €	+41.1%	104,3 k €	+98.8%	52,5 k €	+6.4%	49,3 k €	-53.9%	107 k €	+60.7%	66,6 k €
Balance sheet
Equity	2,3 M €	+9.8%	2,1 M €	+5.6%	2 M €	+14.9%	1,7 M €	+0.8%	1,7 M €	+10.8%	1,5 M €	+2.8%	1,5 M €	+31.9%	1,1 M €	+7.5%	1,1 M €	+9.6%	960,8 k €	+8.5%	885,7 k €	+1.6%	871,6 k €	+10.1%	791,4 k €	+0.8%	785,4 k €	+14.7%	684,9 k €	+16.4%	588,3 k €	+10.0%	534,7 k €	+10.7%	483 k €	+4.0%	464,3 k €	+19.7%	388,1 k €
Total assets	2,7 M €	+3.9%	2,6 M €	+2.8%	2,5 M €	+1.2%	2,5 M €	+1.0%	2,5 M €	+5.6%	2,3 M €	-2.7%	2,4 M €	+32.6%	1,8 M €	+18.7%	1,5 M €	+8.6%	1,4 M €	+20.7%	1,2 M €	+1.6%	1,1 M €	+12.9%	1 M €	-14.6%	1,2 M €	+5.6%	1,1 M €	-0.7%	1,1 M €	-7.3%	1,2 M €	+2.4%	1,2 M €	+0.4%	1,2 M €	+7.1%	1,1 M €
Cash	60,4 k €	-58.5%	145,5 k €	+186%	50,9 k €	+51.7%	33,6 k €	-47.3%	63,7 k €	+13.8%	56 k €	+66.1%	33,7 k €	-92.5%	448,9 k €	+78.7%	251,2 k €	+3.3%	243,1 k €	+45.8%	166,7 k €	-14.3%	194,6 k €	+46.0%	133,3 k €	+3.9%	128,3 k €	-30.4%	184,2 k €	-23.3%	240,3 k €	+26.8%	189,5 k €	-47.7%	362 k €	+17.1%	309,2 k €	+56.6%	197,5 k €
Debts	392,4 k €	-20.7%	495,1 k €	-7.3%	533,8 k €	-29.5%	757,1 k €	+1.0%	749,9 k €	-4.7%	787,2 k €	-11.9%	893,9 k €	+33.8%	668 k €	+44.4%	462,5 k €	+6.3%	435,1 k €	+60.7%	270,7 k €	+1.6%	266,4 k €	+23.1%	216,3 k €	-45.1%	394,3 k €	-8.7%	431,9 k €	-19.4%	535,7 k €	-20.9%	677,1 k €	-3.1%	698,5 k €	-2.1%	713,4 k €	+0.4%	710,9 k €
Other
Workforce	1,0 ETP		–		1,0 ETP	0.0%	1,0 ETP		–		–		–		–		–		1,2 ETP	0.0%	1,2 ETP	0.0%	1,2 ETP	0.0%	1,2 ETP	0.0%	1,2 ETP	-14.3%	1,4 ETP	+16.7%	1,2 ETP	-50.0%	2,4 ETP	-7.7%	2,6 ETP	-16.1%	3,1 ETP	-16.2%	3,7 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/06/2025 · 3 active · 12 ended

Active mandates

David Deroanne

Director · since 26 juin 2024 · until 28 décembre 2029

Active

Bernadette Mayeres

Director

Active

Jean-Luc Deroanne

Director

Active

Ended mandates

Bernadette MAYERES

Director · since 01 juillet 2019 · until 30 juin 2025

Ended

Jean Luc DEROANNE

Managing director · since 01 juillet 2019 · until 30 juin 2025

Ended

Jean-Luc DEROANNE

Director · since 01 juillet 2019 · until 30 juin 2025

Ended

Jean-Luc DEROANNE

Managing director · since 01 juillet 2019 · until 30 juin 2025

Ended

At this address

Other companies at this address

Company	CBE no.
LMBA - LES MAITRES BOUCHERS D'ARDENNE● Active	0480.035.578
SBM● Active	0427.888.378

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Micro model	Abridged model	Abridged model	Micro model	Micro model
Start of the financial year	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	05/03/2026	05/02/2025	22/01/2024	31/01/2023	24/01/2022	28/01/2021
General meeting	16/01/2026	24/01/2025	29/12/2023	26/12/2022	27/12/2021	28/12/2020
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/06/2025	16/01/2026	05/03/2026	French	PDF
Micro model	30/06/2024	24/01/2025	05/02/2025	French	PDF
Abridged model	30/06/2023	29/12/2023	22/01/2024	French	PDF
Abridged model	30/06/2022	26/12/2022	31/01/2023	French	PDF
Micro model	30/06/2021	27/12/2021	24/01/2022	French	PDF
Micro model	30/06/2020	28/12/2020	28/01/2021	French	PDF
Micro model	30/06/2019	30/12/2019	22/01/2020	French	PDF
Micro model	30/06/2018	31/12/2018	28/01/2019	French	PDF
Micro model	30/06/2017	26/12/2017	11/01/2018	French	PDF
Abridged model	30/06/2016	26/12/2016	31/01/2017	French	PDF
Abridged model	30/06/2015	23/12/2015	05/01/2016	French	PDF
Abridged model	31/12/2014	30/06/2015	30/07/2015	French	PDF
Abridged model	31/12/2013	30/06/2014	20/08/2014	French	PDF
Abridged model	31/12/2012	30/06/2013	29/08/2013	French	PDF
Abridged model	31/12/2011	30/06/2012	31/08/2012	French	PDF
Abridged model	31/12/2010	30/06/2011	29/08/2011	French	PDF
Abridged model	31/12/2009	30/11/2010	30/11/2010	French	PDF
Abridged model	31/12/2008	30/06/2009	29/09/2009	French	PDF
Abridged model	31/12/2007	30/06/2008	29/08/2008	French	PDF
Abridged model	31/12/2006	30/06/2007	27/08/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 30/06/2025 · 3 active · 12 ended

Active mandates

David Deroanne

Director · since 26 juin 2024 · until 28 décembre 2029

Active

Bernadette Mayeres

Director

Active

Jean-Luc Deroanne

Director

Active

Ended mandates

Bernadette MAYERES

Director · since 01 juillet 2019 · until 30 juin 2025

Ended

Jean Luc DEROANNE

Managing director · since 01 juillet 2019 · until 30 juin 2025

Ended

Jean-Luc DEROANNE

Director · since 01 juillet 2019 · until 30 juin 2025

Ended

Jean-Luc DEROANNE

Managing director · since 01 juillet 2019 · until 30 juin 2025

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates02/08/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates07/02/2024
SIEGE SOCIAL - OBJET - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates10/03/2020
DEMISSIONS, NOMINATIONS
PDF
Mandates20/05/2014
OBJET - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - ANNEE COMPTABLE - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates09/08/2010
DEMISSIONS, NOMINATIONS
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 2025204,6 k €↓
2024
Annual accounts 2024315,7 k €↑
2023
Annual accounts 2023254,8 k €↑
2022
Annual accounts 2022102,9 k €↓
2021
Annual accounts 2021215,2 k €↑
2020
Annual accounts 202041,4 k €↓
2019
Annual accounts 2019411,1 k €↑
2018
Annual accounts 2018129 k €↓
2017
Annual accounts 2017142,2 k €↑
2016
Annual accounts 2016125,1 k €↓
2015
Annual accounts 2015144,3 k €↑
2014
Annual accounts 2014130,2 k €↑
2013
Annual accounts 201356,1 k €↓
2012
Annual accounts 2012150,4 k €↑
2011
Annual accounts 2011147,1 k €↑
2010
Annual accounts 2010104,3 k €↑
2009
Annual accounts 200952,5 k €↑
2008
Annual accounts 200849,3 k €↓
2007
Annual accounts 2007107 k €↑
2006
Annual accounts 200666,6 k €
17/02/1993
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

G.S.B.M.

Overview

What does G.S.B.M. do?

Trend over 20 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