ACTIVE

GEDELFIN

Financial year 2025 · closed on 31/12/2025
Net result
35,9 k €
+34.1% YoY
Gross margin
68,3 k €
+33.8% YoY
Equity
4,2 M €
+0.9% YoY

What does GEDELFIN do?

GEDELFIN is a Public limited company incorporated in 1993. Its main activity is: Activities of holding companies. Its registered office is in Voeren.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0451.208.960
Incorporation
18/10/1993
Legal form
Public limited company
Registered office
Rue de l'Arbre 11
3798 Voeren · FlandreSee on map
Contributed capital
125 000,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin68,3 k €51 k €36,6 k €37,6 k €89,6 k €16,9 k €13,8 k €33,8 k €23,1 k €103,3 k €169,5 k €95,8 k €119,1 k €102,7 k €80,9 k €-7,1 k €-51,8 k €66,1 k €114,7 k €55,8 k €
EBITDA62,7 k €45,6 k €30,5 k €32,1 k €85,1 k €12,3 k €8,5 k €28,7 k €17,9 k €98,2 k €164,5 k €91 k €114,2 k €98,8 k €77,4 k €-9,8 k €-55,6 k €62,5 k €111,2 k €54,8 k €
Operating result21,6 k €4,4 k €-12,9 k €-11,3 k €41,7 k €-31 k €-34,8 k €-12,7 k €-22,4 k €58,9 k €125,7 k €52,1 k €75,6 k €60,3 k €34,8 k €-30,1 k €-85,9 k €27,8 k €75,9 k €19,5 k €
Net result35,9 k €26,8 k €8,2 k €20,4 k €55,4 k €7,3 k €-4,5 k €11,6 k €8,4 k €58,3 k €354,1 k €48,7 k €48,3 k €113,4 k €3,3 M €-44,4 k €41,2 k €-10,3 k €31,4 k €-4,2 k €
Balance sheet
Equity4,2 M €4,1 M €4,1 M €4,1 M €4,1 M €4 M €4 M €4 M €4 M €4 M €4 M €3,6 M €3,6 M €3,5 M €3,4 M €123,9 k €168,4 k €127,2 k €137,5 k €119,8 k €
Total assets4,3 M €4,3 M €4,3 M €4,3 M €4,3 M €4,1 M €4,2 M €4,2 M €4,3 M €4,2 M €5,7 M €4,5 M €4,6 M €4,6 M €4,6 M €1 M €1,1 M €1 M €1,1 M €948,7 k €
Cash68,8 k €662,4 €4,1 k €5,3 k €44,3 k €6,3 k €2,8 k €7,9 k €12,8 k €6 k €89,8 k €84,2 k €873,7 k €868,3 k €3,3 M €42,1 k €219 k €1,9 k €12,5 k €1,2 k €
Debts110,9 k €132,3 k €130,3 k €143,3 k €165,6 k €92,6 k €126,9 k €140,5 k €235,5 k €214,7 k €1,7 M €791,1 k €998,2 k €1,1 M €1,2 M €906,4 k €965 k €906 k €924,6 k €828,8 k €
Other
Workforce0,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 19 ended

Active mandates

BEDELCO

Director · 0473.227.762

Represented by Bernard Delhez

Active
Bernard Delhez

Managing director

Active

Ended mandates

BEDELCO

Director · since 09 juin 2017 · 0473.227.762

Represented by Bernard DELHEZ

Ended
Bernard Delhez

Director · since 09 juin 2017

Ended
BEDELCO

Manager · since 01 avril 2011 · until 09 juin 2017 · 0473.227.762

Represented by Bernard DELHEZ

Ended
BEDELCO

Manager · since 01 avril 2011 · until 09 juin 2017 · 0473.227.762

Represented by Bernard DELHEZ

Ended
At this address

Other companies at this address

CompanyCBE no.
BEREMATActive
0548.660.011
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelAbridged modelAbridged modelAbridged modelAbridged 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 date31/08/202601/08/202527/09/202404/07/202312/07/202230/07/2021
General meeting31/08/202630/07/202518/07/202430/06/202313/06/202214/07/2021
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

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202531/08/202631/08/2026DutchPDF
Micro model31/12/202430/07/202501/08/2025DutchPDF
Abridged model31/12/202318/07/202427/09/2024FrenchPDF
Abridged model31/12/202230/06/202304/07/2023FrenchPDF
Abridged model31/12/202113/06/202212/07/2022FrenchPDF
Abridged model31/12/202014/07/202130/07/2021FrenchPDF
Abridged model31/12/201905/08/202025/09/2020FrenchPDF
Abridged model31/12/201822/08/201902/09/2019FrenchPDF
Abridged model31/12/201719/06/201827/08/2018FrenchPDF
Abridged model31/12/201609/06/201704/07/2017FrenchPDF
Abridged model31/12/201510/06/201608/07/2016FrenchPDF
Abridged model31/12/201412/06/201528/08/2015FrenchPDF
Abridged model31/12/201313/06/201429/08/2014FrenchPDF
Abridged model31/12/201209/08/201321/08/2013FrenchPDF
Abridged model31/12/201108/06/201213/06/2012FrenchPDF
Abridged model31/12/201001/04/201120/05/2011FrenchPDF
Abridged model31/12/200930/07/201030/07/2010FrenchPDF
Abridged model31/12/200830/04/200919/06/2009FrenchPDF
Abridged model31/12/200728/08/200811/09/2008FrenchPDF
Abridged model31/12/200608/06/200727/07/2007FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 · 19 ended

Active mandates

BEDELCO

Director · 0473.227.762

Represented by Bernard Delhez

Active
Bernard Delhez

Managing director

Active

Ended mandates

BEDELCO

Director · since 09 juin 2017 · 0473.227.762

Represented by Bernard DELHEZ

Ended
Bernard Delhez

Director · since 09 juin 2017

Ended
BEDELCO

Manager · since 01 avril 2011 · until 09 juin 2017 · 0473.227.762

Represented by Bernard DELHEZ

Ended
BEDELCO

Manager · since 01 avril 2011 · until 09 juin 2017 · 0473.227.762

Represented by Bernard DELHEZ

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates31/10/2023
    DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates21/06/2023
    DIVERS - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates21/08/2017
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates10/11/2015
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates02/09/2013
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates31/05/2011
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates09/09/2008
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office24/08/2006
    SIEGE SOCIAL
    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 202535,9 k €
  2. 2024
    Annual accounts 202426,8 k €
  3. 2023
    Annual accounts 20238,2 k €
  4. 2022
    Annual accounts 202220,4 k €
  5. 2021
    Annual accounts 202155,4 k €
  6. 2020
    Annual accounts 20207,3 k €
  7. 2019
    Annual accounts 2019-4,5 k €
  8. 2018
    Annual accounts 201811,6 k €
  9. 2017
    Annual accounts 20178,4 k €
  10. 2016
    Annual accounts 201658,3 k €
  11. 2015
    Annual accounts 2015354,1 k €
  12. 2014
    Annual accounts 201448,7 k €
  13. 2013
    Annual accounts 201348,3 k €
  14. 2012
    Annual accounts 2012113,4 k €
  15. 2011
    Annual accounts 20113,3 M €
  16. 2010
    Annual accounts 2010-44,4 k €
  17. 2009
    Annual accounts 200941,2 k €
  18. 2008
    Annual accounts 2008-10,3 k €
  19. 2007
    Annual accounts 200731,4 k €
  20. 2006
    Annual accounts 2006-4,2 k €
  21. 18/10/1993
    IncorporationPublic limited company