ACTIVE

GEORGALEX

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Financial year 2025 · Closed on 31/12/2025

Net result-265,6 k €-929,6 %over 1 year

Gross margin61,1 k €-82,2 %over 1 year

Equity3,8 M €-6,6 %over 1 year

Workforce1,0 ETP0,0 %over 1 year

Identity

Source · BCE/KBO

GEORGALEX is a Public limited company incorporated in 1993. Its main activity is: Activities of holding companies. Its registered office is in Heist-op-den-Berg. It employs on average 1,0 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0449.840.963
Incorporation: 16/04/1993
Legal form: Public limited company
Registered office: Isschotweg(ITE) 73
2222 Heist-op-den-Berg · FlandreSee on map
Contributed capital: 272 683,00 €
Latest accounts: 31/12/2025
Average workforce: 1,0 ETP

Activities (NACE)

64200Activities of holding companies· main 64210Activities of holding companies 46170Agents involved in the sale of food, beverages and tobacco 46170Agents involved in the sale of food, beverages and tobacco

Signals

Low riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	61,1 k €	-82.2%	342,4 k €	+711%	42,2 k €	-52.0%	87,9 k €	-2.6%	90,3 k €
EBITDA	21,2 k €	-92.7%	291,2 k €	+3005%	-10 k €	-119%	53,9 k €	+5.7%	51 k €
Operating result	-359 k €	-437%	-66,8 k €	+73.6%	-252,6 k €	-214%	-80,6 k €	+3.2%	-83,2 k €
Net result	-265,6 k €	-930%	-25,8 k €	+82.6%	-148,2 k €	-251%	-42,2 k €	+86.5%	-312 k €
Balance sheet
Equity	3,8 M €	-6.6%	4 M €	-0.6%	4,1 M €	-3.5%	4,2 M €	-1.0%	4,3 M €
Total assets	15 M €	+10.6%	13,5 M €	-7.0%	14,6 M €	+232%	4,4 M €	-0.4%	4,4 M €
Cash	99 k €	-56.0%	225,2 k €	-73.9%	861,7 k €	+2128%	38,7 k €	-94.6%	716 k €
Debts	11,2 M €	+17.9%	9,5 M €	-9.4%	10,5 M €	+5850%	176,4 k €	+17.5%	150,2 k €
Other
Workforce	1,0 ETP	0.0%	1,0 ETP	-16.7%	1,2 ETP	+20.0%	1,0 ETP	0.0%	1,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 6 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Philippe Wilderjans	Directorsince 01/12/2023

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
C-PHLUX0537.157.393Represented by Philippe Wilderjans	Director12/11/2020 → 30/11/2023
Saskia Clippeleyr	Director12/11/2020 → 2024 accounts
Marc VANDEN AVENNE	Managing director07/03/2017 → 2019 accounts

Other companies at this address

Isschotweg(ITE) 73 2222 Heist-op-den-Berg

Company	CBE no.
Ficaco● Active	0752.783.544

Full financial information

Source · NBB

	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	15/07/2026	30/07/2025	29/07/2024	27/07/2023	21/08/2022	31/08/2021
General meeting	30/06/2026	02/06/2025	30/06/2024	30/06/2023	06/06/2022	01/06/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	15/07/2026	Dutch	PDF
Abridged model	31/12/2024	02/06/2025	30/07/2025	Dutch	PDF
Abridged model	31/12/2023	30/06/2024	29/07/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	27/07/2023	Dutch	PDF
Abridged model	31/12/2021	06/06/2022	21/08/2022	Dutch	PDF
Abridged model	31/12/2020	01/06/2021	31/08/2021	Dutch	PDF
Abridged modelCorrection	31/12/2019	02/06/2020	04/11/2020	Dutch	PDF
Abridged model	31/12/2019	02/06/2020	08/07/2020	Dutch	PDF
Abridged model	31/12/2018	03/06/2019	23/07/2019	Dutch	PDF
Abridged model	31/12/2017	04/06/2018	17/07/2018	Dutch	PDF
Abridged model	31/12/2016	06/06/2017	31/08/2017	Dutch	PDF
Abridged model	31/12/2015	06/06/2016	20/07/2016	Dutch	PDF
Abridged model	31/12/2014	01/06/2015	09/07/2015	Dutch	PDF
Abridged model	31/12/2013	02/06/2014	07/10/2014	Dutch	PDF
Abridged model	30/09/2012	04/03/2013	31/05/2013	Dutch	PDF
Abridged model	30/09/2011	05/03/2012	03/04/2012	Dutch	PDF
Abridged model	30/09/2010	07/03/2011	13/05/2011	Dutch	PDF
Abridged model	31/12/2008	02/06/2009	26/08/2009	Dutch	PDF
Abridged model	31/12/2007	02/06/2008	15/07/2008	Dutch	PDF
Abridged model	31/12/2006	05/06/2007	30/08/2007	Dutch	PDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 6 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Philippe Wilderjans	Directorsince 01/12/2023

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
C-PHLUX0537.157.393Represented by Philippe Wilderjans	Director12/11/2020 → 30/11/2023
Saskia Clippeleyr	Director12/11/2020 → 2024 accounts
Marc VANDEN AVENNE	Managing director07/03/2017 → 2019 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Capital / shares22/10/2026
KAPITAAL, AANDELEN
PDF
Mandates28/01/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/08/2024
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring27/12/2023
DOEL - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring18/10/2023
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
PDF
Mandates25/11/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/09/2017
ONTSLAGEN - BENOEMINGEN
PDF
Other23/10/2013
ALGEMENE VERGADERING - BOEKJAAR
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings19 filings

Mandates

Philippe Wilderjans

C-PHLUX

Saskia Clippeleyr

Marc VANDEN AVENNE

Yves VANDEN AVENNE

Marc Paul VANDEN AVENNE

Arsène VANDEN AVENNE

1993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

GEORGALEX

Isschotweg(ITE) 73, 2222 Itegem

Director

Managing director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Isschotweg(ITE) 73, 2222 ItegemCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00294527

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
GEORGALEXCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00294527

Events

2025
Annual accounts 2025-265,6 k €↓
2024
Annual accounts 2024-25,8 k €↑
2023
Annual accounts 2023-148,2 k €↓
2022
Annual accounts 2022-42,2 k €↑
2021
Annual accounts 2021-312 k €↓
2020
Annual accounts 20202,5 M €↑
2019
Annual accounts 2019358,3 k €↑
2018
Annual accounts 201854,3 k €↓
2017
Annual accounts 2017124,1 k €↓
2016
Annual accounts 2016326,1 k €↑
2015
Annual accounts 201565 k €↓
2014
Annual accounts 2014165,5 k €↑
2013
Annual accounts 2013130,9 k €↑
2012
Annual accounts 201276,6 k €↑
2011
Annual accounts 201147,3 k €↑
2010
Annual accounts 2010-38,9 k €↓
2008
Annual accounts 2008224,1 k €↓
2007
Annual accounts 2007266,9 k €↑
2006
Annual accounts 2006-23,8 k €
16/04/1993
IncorporationPublic limited company

GEORGALEX

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events