ACTIVE

GER

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Financial year 2025 · closed on 31/12/2025

Net result

-104,5 k €

-119.9% YoY

Gross margin

232,5 k €

-82.7% YoY

Equity

2,6 M €

-3.8% YoY

What does GER do?

GER is a Private limited company incorporated in 1993. Its registered office is in Uccle.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0450.120.976

Incorporation

11/05/1993

Legal form

Private limited company

Registered office

Avenue Hamoir 25
1180 Uccle · BruxellesSee on map

Contributed capital

269 469,17 €

Latest accounts

31/12/2025

Signals

Solid equityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ 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	232,5 k €	-82.7%	1,3 M €	+82.6%	734,4 k €	-9.5%	811,2 k €	-36.0%	1,3 M €	+184%	445,5 k €	-79.3%	2,1 M €	+154%	845,4 k €	+10.5%	765,3 k €	+17.2%	652,9 k €	-12.4%	745,7 k €	-17.4%	902,5 k €	+123%	404,6 k €	+1.8%	397,4 k €	+24.7%	318,6 k €	-7.7%	345 k €	+18.6%	290,9 k €	+9.5%	265,7 k €	+117%	122,3 k €	-26.6%	166,6 k €
EBITDA	190 k €	-83.2%	1,1 M €	+60.8%	701,4 k €	-10.0%	779,2 k €	-36.3%	1,2 M €	+206%	399,8 k €	-80.8%	2,1 M €	+236%	620,3 k €	+33.6%	464,5 k €	+9.4%	424,4 k €	+4.6%	405,9 k €	-51.1%	830 k €	+464%	147,1 k €	-60.3%	371 k €	+314%	89,7 k €	-62.7%	240,2 k €	-9.1%	264,4 k €	+11.3%	237,6 k €	+113%	111,8 k €	-28.2%	155,7 k €
Operating result	-42,2 k €	-105%	895,5 k €	+133%	384,7 k €	-29.1%	542,5 k €	-44.0%	968 k €	+630%	132,6 k €	-92.7%	1,8 M €	+509%	299,1 k €	+336%	68,6 k €	-46.2%	127,6 k €	+35.7%	94 k €	-85.1%	632,2 k €	+883%	-80,7 k €	-130%	268,4 k €	+405%	-88,1 k €	-156%	158,4 k €	-25.9%	213,9 k €	+29.0%	165,8 k €	+314%	40 k €	-62.0%	105,3 k €
Net result	-104,5 k €	-120%	524,7 k €	+239%	154,8 k €	-52.1%	323,4 k €	-49.4%	639 k €	+3505%	17,7 k €	-83.6%	107,9 k €	-15.5%	127,7 k €	+260%	-79,8 k €	-775%	-9,1 k €	+78.2%	-41,8 k €	-117%	239,1 k €	+232%	-181,3 k €	-206%	171,6 k €	+223%	-139,2 k €	-266%	83,8 k €	-31.4%	122,2 k €	+301%	30,5 k €	+208%	-28,3 k €	-337%	12 k €
Balance sheet
Equity	2,6 M €	-3.8%	2,7 M €	+0.9%	2,7 M €	+6.1%	2,5 M €	+7.3%	2,4 M €	+36.9%	1,7 M €	+1.0%	1,7 M €	+260%	475,8 k €	+36.7%	348,1 k €	-18.6%	427,9 k €	-12.1%	487 k €	-7.9%	528,7 k €	+540%	82,6 k €	-83.3%	493,9 k €	+53.3%	322,3 k €	-30.2%	461,5 k €	+20.0%	384,7 k €	+36.2%	282,5 k €	+3.9%	272 k €	-9.4%	300,3 k €
Total assets	7 M €	-11.6%	8 M €	-8.5%	8,7 M €	+16.4%	7,5 M €	-6.2%	8 M €	-4.7%	8,4 M €	-4.4%	8,7 M €	-9.6%	9,7 M €	-3.6%	10 M €	+21.7%	8,2 M €	-5.9%	8,8 M €	+27.7%	6,9 M €	+9.4%	6,3 M €	+76.2%	3,6 M €	+0.1%	3,6 M €	+58.0%	2,2 M €	+79.8%	1,3 M €	-40.5%	2,1 M €	-3.5%	2,2 M €	+52.0%	1,4 M €
Cash	762 €	+26.0%	604,6 €	-21.3%	767,9 €	-98.5%	50,1 k €	-89.5%	475,6 k €	+194%	161,7 k €	+5.1%	153,8 k €	-2.8%	158,3 k €	+167%	59,3 k €	+506%	9,8 k €	-98.5%	634,1 k €	-36.6%	999,8 k €	+127%	440,4 k €	+178%	158,6 k €	+295%	40,1 k €	-49.3%	79,1 k €	+41.9%	55,7 k €	+3739%	1,5 k €		–		–
Debts	3,8 M €	-14.1%	4,4 M €	-18.4%	5,4 M €	+24.7%	4,4 M €	-13.4%	5 M €	-19.4%	6,2 M €	-6.1%	6,6 M €	-27.7%	9,2 M €	-5.0%	9,7 M €	+23.9%	7,8 M €	-4.9%	8,2 M €	+30.8%	6,3 M €	+2.8%	6,1 M €	+101%	3 M €	-4.5%	3,2 M €	+81.9%	1,8 M €	+107%	844,3 k €	-52.2%	1,8 M €	-5.5%	1,9 M €	+69.4%	1,1 M €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		0,1 ETP	-75.0%	0,4 ETP	+300%	0,1 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 31/12/2025 · 2 active · 9 ended

Active mandates

DAVID SELINGER

Director · since 20 novembre 2023

Active

Jacques Selinger

Director · since 27 janvier 2016

Active

Ended mandates

Jacques Selinger

Managing director · since 27 janvier 2016

Ended

JACQUES SELINGER

Manager · since 27 janvier 2016

Ended

Amélie Selinger

Director · since 20 décembre 2011 · until 20 décembre 2017

Ended

Jacques Selinger

Managing director · since 20 décembre 2011 · until 20 décembre 2017

Ended

At this address

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IMMO INGER● Active	0437.277.285
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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	23/07/2026	11/08/2025	24/07/2024	31/07/2023	28/07/2022	30/07/2021
General meeting	15/05/2026	08/05/2025	10/05/2024	10/05/2023	12/05/2022	14/05/2021
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	15/05/2026	23/07/2026	French	PDF
Abridged model	31/12/2024	08/05/2025	11/08/2025	French	PDF
Abridged model	31/12/2023	10/05/2024	24/07/2024	French	PDF
Abridged model	31/12/2022	10/05/2023	31/07/2023	French	PDF
Abridged model	31/12/2021	12/05/2022	28/07/2022	French	PDF
Abridged model	31/12/2020	14/05/2021	30/07/2021	French	PDF
Abridged model	31/12/2019	14/05/2020	28/08/2020	French	PDF
Abridged model	31/12/2018	09/05/2019	26/07/2019	French	PDF
Abridged model	31/12/2017	10/05/2018	04/07/2018	French	PDF
Abridged model	31/12/2016	11/05/2017	28/06/2017	French	PDF
Abridged model	31/12/2015	12/05/2016	18/07/2016	French	PDF
Abridged model	31/12/2014	01/06/2015	25/07/2015	French	PDF
Abridged model	31/12/2013	02/06/2014	26/07/2014	French	PDF
Abridged model	31/12/2012	03/06/2013	30/07/2013	French	PDF
Abridged model	31/12/2011	04/06/2012	14/07/2012	French	PDF
Abridged model	31/12/2010	06/06/2011	29/07/2011	French	PDF
Abridged model	31/12/2009	07/06/2010	29/07/2010	French	PDF
Abridged model	31/12/2008	01/06/2009	20/07/2009	French	PDF
Abridged model	31/12/2007	02/06/2008	30/07/2008	French	PDF
Abridged model	31/12/2006	04/06/2007	19/06/2007	French	PDF

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 31/12/2025 · 2 active · 9 ended

Active mandates

DAVID SELINGER

Director · since 20 novembre 2023

Active

Jacques Selinger

Director · since 27 janvier 2016

Active

Ended mandates

Jacques Selinger

Managing director · since 27 janvier 2016

Ended

JACQUES SELINGER

Manager · since 27 janvier 2016

Ended

Amélie Selinger

Director · since 20 décembre 2011 · until 20 décembre 2017

Ended

Jacques Selinger

Managing director · since 20 décembre 2011 · until 20 décembre 2017

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates27/12/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
PDF
Registered office04/12/2019
SIEGE SOCIAL
PDF
Mandates30/04/2019
DEMISSIONS, NOMINATIONS
PDF
Mandates09/01/2018
DEMISSIONS, NOMINATIONS
PDF
Mandates25/02/2016
DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE
PDF
Capital / shares11/03/2014
CAPITAL, ACTIONS
PDF
Mandates24/02/2012
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates15/02/2010
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 2025-104,5 k €↓
2024
Annual accounts 2024524,7 k €↑
2023
Annual accounts 2023154,8 k €↓
2022
Annual accounts 2022323,4 k €↓
2021
Annual accounts 2021639 k €↑
2020
Annual accounts 202017,7 k €↓
2019
Annual accounts 2019107,9 k €↓
2018
Annual accounts 2018127,7 k €↑
2017
Annual accounts 2017-79,8 k €↓
2016
Annual accounts 2016-9,1 k €↑
2015
Annual accounts 2015-41,8 k €↓
2014
Annual accounts 2014239,1 k €↑
2013
Annual accounts 2013-181,3 k €↓
2012
Annual accounts 2012171,6 k €↑
2011
Annual accounts 2011-139,2 k €↓
2010
Annual accounts 201083,8 k €↓
2009
Annual accounts 2009122,2 k €↑
2008
Annual accounts 200830,5 k €↑
2007
Annual accounts 2007-28,3 k €↓
2006
Annual accounts 200612 k €
11/05/1993
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

GER

Overview

What does GER 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