NORMAL SITUATION

G.S. CONSTRUCT

Export PDF

Financial year 2021 · closed on 31/12/2021

Net result

17,8 k €

+382.6% YoY

Gross margin

559,4 k €

+15.0% YoY

Equity

71,8 k €

+33.1% YoY

Workforce

9,4 ETP

+4.4% YoY

Company — Normal situation.

What does G.S. CONSTRUCT do?

G.S. CONSTRUCT is a company registered in Belgium. It employs on average 9,4 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0452.900.225

Legal form

Public limited company

Contributed capital

61 973,38 €

Latest accounts

31/12/2021

Average workforce

9,4 ETP

Joint committees (2)

Signals

ProfitableSolid equityGood 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 13 financial years

	2021		2020		2019		2018		2017		2016		2015		2014		2013		2010		2009		2007		2006
Income statement
Gross margin	559,4 k €	+15.0%	486,4 k €	+7.5%	452,5 k €	-2.5%	464 k €	+16.0%	400 k €	+46.1%	273,8 k €		–		–		–		–		–		92,9 k €	+42.2%	65,3 k €
EBITDA	20,8 k €	+282%	5,4 k €	+126%	-20,8 k €	-514%	5 k €	+7104%	69,8 €	-95.4%	1,5 k €	+129%	656 €	-90.3%	6,7 k €	-40.9%	11,4 k €	+177%	-14,8 k €	-299%	7,4 k €	+42.1%	5,2 k €	+287%	-2,8 k €
Operating result	20,8 k €	+282%	5,4 k €	+126%	-20,8 k €	-514%	5 k €	+7104%	69,8 €	-95.4%	1,5 k €	+129%	656 €	-90.3%	6,7 k €	-40.9%	11,4 k €	+175%	-15,1 k €	-312%	7,1 k €	+67.2%	4,3 k €	+207%	-4 k €
Net result	17,8 k €	+383%	3,7 k €	+118%	-20,8 k €	-690%	3,5 k €	+440%	-1 k €	-232%	786,5 €	+253%	222,5 €	-96.2%	5,9 k €	-46.1%	10,9 k €	+170%	-15,5 k €	-325%	6,9 k €	+63.9%	4,2 k €	+203%	-4,1 k €
Balance sheet
Equity	71,8 k €	+33.1%	54 k €	+7.4%	50,3 k €	-29.3%	71,1 k €	+5.2%	67,5 k €	-1.5%	68,6 k €	+1.2%	67,8 k €	+0.3%	67,6 k €	+9.5%	61,7 k €	+38.5%	44,5 k €	-25.9%	60,1 k €	+5.2%	57,1 k €	+8.0%	52,9 k €
Total assets	204,4 k €	+28.5%	159,1 k €	+14.7%	138,7 k €	-15.5%	164,2 k €	+18.7%	138,3 k €	+10.2%	125,5 k €	+15.3%	108,8 k €	+23.8%	87,9 k €	+4.2%	84,4 k €	-38.2%	136,4 k €	+30.4%	104,6 k €	+34.1%	78 k €	+9.3%	71,3 k €
Cash	–		36,6 k €		–		17,1 k €	+43.6%	11,9 k €	+204%	3,9 k €	+156%	1,5 k €	+40.5%	1,1 k €	-91.8%	13,3 k €	+20.0%	11,1 k €	+182%	3,9 k €	-55.0%	8,7 k €	+40.8%	6,2 k €
Debts	132,6 k €	+26.1%	105,1 k €	+18.8%	88,5 k €	-5.0%	93,1 k €	+31.5%	70,8 k €	+24.3%	57 k €	+38.7%	41,1 k €	+102%	20,4 k €	-10.2%	22,7 k €	-75.3%	91,9 k €	+106%	44,5 k €	+113%	20,9 k €	+13.3%	18,4 k €
Other
Workforce	9,4 ETP	+4.4%	9,0 ETP	0.0%	9,0 ETP	0.0%	9,0 ETP	+9.8%	8,2 ETP	+46.4%	5,6 ETP	+27.3%	4,4 ETP	+10.0%	4,0 ETP	0.0%	4,0 ETP	-7.0%	4,3 ETP	-8.5%	4,7 ETP	+135%	2,0 ETP	+17.6%	1,7 ETP

Governance

Board of directors

Seen on filing of 31/12/2021 · 5 active · 24 ended

Active mandates

Gert Mennes

Director · since 17 juin 2021 · until 22 juin 2027

Active

Gregorius Aertssen

Director · since 17 juin 2021 · until 22 juin 2027

Active

Raphaël Aertssen

Director · since 17 juin 2021 · until 22 juin 2027

Active

Walter Wesenbeek

Director · since 17 juin 2021 · until 22 juin 2027

Active

Yves Aertssen

Director · since 17 juin 2021 · until 22 juin 2027

Active

Ended mandates

ADEME

Director · since 20 juin 2017 · until 20 juin 2023 · 0471.808.097

Represented by Greg Aertssen

Ended

ADEME

Director · since 20 juin 2017 · until 20 juin 2023 · 0471.808.097

Represented by Greg Aertssen

Ended

ADEME

Director · since 20 juin 2017 · until 20 juin 2023 · 0471.808.097

Represented by Greg Aertssen

Ended

De Hoven

Director · since 20 juin 2017 · until 20 juin 2023 · 0871.404.844

Represented by René Lambrechts

Ended

Annual accounts

Full financial information

	2022	2021	2020	2019	2018	2017
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2022	01/01/2021	01/01/2020	01/01/2019	01/01/2018	01/01/2017
Closing of the financial year	21/12/2022	31/12/2021	31/12/2020	31/12/2019	31/12/2018	31/12/2017
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	09/02/2023	28/06/2022	24/06/2021	06/07/2020	09/07/2019	05/07/2018
General meeting	21/12/2022	21/06/2022	22/06/2021	23/06/2020	28/06/2019	19/06/2018
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

17 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	21/12/2022	21/12/2022	09/02/2023	Dutch	PDF
Abridged model	31/12/2021	21/06/2022	28/06/2022	Dutch	PDF
Abridged model	31/12/2020	22/06/2021	24/06/2021	Dutch	PDF
Abridged model	31/12/2019	23/06/2020	06/07/2020	Dutch	PDF
Abridged model	31/12/2018	28/06/2019	09/07/2019	Dutch	PDF
Abridged model	31/12/2017	19/06/2018	05/07/2018	Dutch	PDF
Abridged model	31/12/2016	20/06/2017	23/06/2017	Dutch	PDF
Full model	31/12/2015	21/06/2016	28/06/2016	Dutch	PDF
Full model	31/12/2014	23/06/2015	29/06/2015	Dutch	PDF
Full model	31/12/2013	17/06/2014	27/06/2014	Dutch	PDF
Full model	31/12/2012	18/06/2013	29/07/2013	Dutch	PDF
Full model	31/12/2011	19/06/2012	29/06/2012	Dutch	PDF
Full model	31/12/2010	21/06/2011	30/06/2011	Dutch	PDF
Full model	31/12/2009	22/06/2010	24/06/2010	Dutch	PDF
Full model	31/12/2008	23/06/2009	29/06/2009	Dutch	PDF
Abridged model	31/12/2007	17/06/2008	23/06/2008	Dutch	PDF
Abridged model	31/12/2006	19/06/2007	29/06/2007	Dutch	PDF

Estimate

Indicative valuation

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 31/12/2021 · 5 active · 24 ended

Active mandates

Gert Mennes

Director · since 17 juin 2021 · until 22 juin 2027

Active

Gregorius Aertssen

Director · since 17 juin 2021 · until 22 juin 2027

Active

Raphaël Aertssen

Director · since 17 juin 2021 · until 22 juin 2027

Active

Walter Wesenbeek

Director · since 17 juin 2021 · until 22 juin 2027

Active

Yves Aertssen

Director · since 17 juin 2021 · until 22 juin 2027

Active

Ended mandates

ADEME

Director · since 20 juin 2017 · until 20 juin 2023 · 0471.808.097

Represented by Greg Aertssen

Ended

ADEME

Director · since 20 juin 2017 · until 20 juin 2023 · 0471.808.097

Represented by Greg Aertssen

Ended

ADEME

Director · since 20 juin 2017 · until 20 juin 2023 · 0471.808.097

Represented by Greg Aertssen

Ended

De Hoven

Director · since 20 juin 2017 · until 20 juin 2023 · 0871.404.844

Represented by René Lambrechts

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Competition

Similar companies

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

See the Business plan

2021
Annual accounts 202117,8 k €↑
2020
Annual accounts 20203,7 k €↑
2019
Annual accounts 2019-20,8 k €↓
2018
Annual accounts 20183,5 k €↑
2017
Annual accounts 2017-1 k €↓
2016
Annual accounts 2016786,5 €↑
2015
Annual accounts 2015222,5 €↓
2014
Annual accounts 20145,9 k €↓
2013
Annual accounts 201310,9 k €↑
2010
Annual accounts 2010-15,5 k €↓
2009
Annual accounts 20096,9 k €↑
2007
Annual accounts 20074,2 k €↑
2006
Annual accounts 2006-4,1 k €

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. CONSTRUCT

Overview

What does G.S. CONSTRUCT do?

Trend over 13 financial years

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Similar companies

Similar companies

Timeline