ACTIVE

GINION GROUP

Financial year 2024 · closed on 31/12/2024
Net result
1,6 M €
+2364.1% YoY
Revenue
1,2 M €
-11.9% YoY
Equity
33,5 M €
+5.0% YoY
Workforce
4,5 ETP
+25.0% YoY

What does GINION GROUP do?

GINION GROUP is a Public limited company incorporated in 1994. Its registered office is in Dilbeek. It employs on average 4,5 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0453.212.110
Incorporation
04/08/1994
Legal form
Public limited company
Registered office
Robert Dansaertlaan 13L
1702 Dilbeek · FlandreSee on map
Contributed capital
4 935 175,31 €
Latest accounts
31/12/2024
Average workforce
4,5 ETP
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202420232022202120202019201820172016201420132012201120102009200820072006
Income statement
Revenue1,2 M €1,4 M €1,4 M €1,9 M €2,5 M €2,5 M €2,5 M €2,4 M €2,2 M €1,6 M €1,6 M €1,5 M €1,4 M €1,2 M €1 M €779,8 k €657,9 k €374,8 k €
EBITDA4 M €-78,7 k €-600 k €-112,1 k €312,5 k €236,3 k €248,5 k €335,7 k €331,6 k €452,8 k €214 k €173,4 k €267,9 k €265,2 k €274 k €240,5 k €245,3 k €212 k €
Operating result3,7 M €-369,2 k €-861,8 k €-212,8 k €188 k €115,3 k €131,5 k €231,9 k €241,4 k €399,8 k €158,8 k €118,9 k €226,5 k €227,9 k €238,2 k €206,5 k €211,1 k €177 k €
Net result1,6 M €-70 k €27,9 M €-338,8 k €-1,1 M €12,4 k €38,3 k €141,6 k €180,5 k €4,9 k €20,8 k €18,6 k €48,4 k €25,1 k €-4,5 k €38 k €13,4 k €20,7 k €
Balance sheet
Equity33,5 M €31,9 M €32 M €4,1 M €4,4 M €5,5 M €5,5 M €5,5 M €5,3 M €5,1 M €5,1 M €5,1 M €5,1 M €5 M €5 M €1,7 M €1,7 M €1,7 M €
Total assets37,4 M €37,2 M €41,9 M €29,3 M €29,4 M €30,1 M €20,9 M €21,6 M €20,2 M €17,1 M €16,1 M €15,7 M €12,8 M €10,6 M €10 M €5,9 M €5,8 M €5,8 M €
Cash148,3 k €356,1 k €2,6 M €749,5 k €376,8 k €67,6 k €292 k €30,2 k €99,5 k €122,1 k €306,9 k €838,3 k €314,5 k €22,7 k €53 k €26,6 k €23,1 k €97 k €
Debts3,8 M €5,3 M €9,9 M €25,2 M €25 M €24,5 M €15,4 M €16,1 M €14,9 M €11,9 M €10,9 M €10,5 M €7,6 M €5,5 M €4,9 M €4,1 M €4 M €4 M €
Other
Workforce4,5 ETP3,6 ETP5,5 ETP13,7 ETP13,2 ETP11,5 ETP8,2 ETP7,7 ETP8,8 ETP7,2 ETP9,6 ETP9,7 ETP7,9 ETP6,2 ETP6,0 ETP6,3 ETP6,6 ETP3,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2024 · 4 active · 30 ended

Active mandates

A ET S SERTANG

Managing director · since 15 janvier 2024 · until 30 juin 2030 · 0464.973.755

Represented by Stéphane Sertang

Active
Christian Cheruy

Director · since 16 juin 2022 · until 30 juin 2028

Active
OPVNTIA CONSEILS

Director · since 16 juin 2022 · until 30 juin 2028 · 0688.511.047

Represented by Eric Baumont

Active
VV Consulting

Director · since 16 juin 2022 · until 30 juin 2028 · 0822.149.630

Represented by Vincent Vandenbroeck

Active

Ended mandates

A ET S SERTANG

Managing director · since 30 juin 2022 · until 30 juin 2030 · 0464.973.755

Represented by Stéphane Sertang

Ended
OPVNTIA CONSEILS

Director · since 16 juin 2022 · until 30 juin 2028 · 0688.511.047

Represented by Eric Baumont

Ended
Stéphane Sertang

Director · since 16 juin 2022 · until 30 juin 2028

Ended
VV Consulting

Director · since 16 juin 2022 · until 30 juin 2028 · 0822.149.630

Represented by Vincent Vandenbroeck

Ended
Annual accounts

Full financial information

202420232022202120202019
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date25/07/202512/07/202426/07/202328/07/202202/07/202106/07/2020
General meeting14/07/202527/06/202427/06/202315/07/202225/06/202126/06/2020
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

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202414/07/202525/07/2025DutchPDF
Full model31/12/202327/06/202412/07/2024DutchPDF
Full model31/12/202227/06/202326/07/2023DutchPDF
Full model31/12/202115/07/202228/07/2022DutchPDF
Full model31/12/202025/06/202102/07/2021DutchPDF
Full model31/12/201926/06/202006/07/2020DutchPDF
Full model31/12/201828/06/201901/07/2019DutchPDF
Full model31/12/201729/06/201804/07/2018DutchPDF
Full model31/12/201630/06/201706/07/2017DutchPDF
Full model31/12/201530/06/201620/07/2016DutchPDF
Full model31/12/201429/06/201514/07/2015DutchPDF
Full model31/12/201330/06/201408/07/2014DutchPDF
Full model31/12/201228/06/201303/07/2013DutchPDF
Full model31/12/201122/06/201212/07/2012DutchPDF
Full model31/12/201017/06/201129/06/2011DutchPDF
Full model31/12/200918/06/201029/06/2010DutchPDF
Full model31/12/200815/06/200929/06/2009DutchPDF
Full model31/12/200730/06/200808/07/2008DutchPDF
Full model31/12/200630/06/200721/08/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 31/12/2024 · 4 active · 30 ended

Active mandates

A ET S SERTANG

Managing director · since 15 janvier 2024 · until 30 juin 2030 · 0464.973.755

Represented by Stéphane Sertang

Active
Christian Cheruy

Director · since 16 juin 2022 · until 30 juin 2028

Active
OPVNTIA CONSEILS

Director · since 16 juin 2022 · until 30 juin 2028 · 0688.511.047

Represented by Eric Baumont

Active
VV Consulting

Director · since 16 juin 2022 · until 30 juin 2028 · 0822.149.630

Represented by Vincent Vandenbroeck

Active

Ended mandates

A ET S SERTANG

Managing director · since 30 juin 2022 · until 30 juin 2030 · 0464.973.755

Represented by Stéphane Sertang

Ended
OPVNTIA CONSEILS

Director · since 16 juin 2022 · until 30 juin 2028 · 0688.511.047

Represented by Eric Baumont

Ended
Stéphane Sertang

Director · since 16 juin 2022 · until 30 juin 2028

Ended
VV Consulting

Director · since 16 juin 2022 · until 30 juin 2028 · 0822.149.630

Represented by Vincent Vandenbroeck

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates24/07/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other15/05/2026
    DIVERSEN
    PDF
  • Other15/05/2026
    DIVERSEN
    PDF
  • Other16/02/2026
    DIVERSEN
    PDF
  • Mandates21/02/2024
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/08/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/06/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/07/2020
    ONTSLAGEN - BENOEMINGEN
    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. 2024
    Annual accounts 20241,6 M €
  2. 2023
    Annual accounts 2023-70 k €
  3. 2022
    Annual accounts 202227,9 M €
  4. 2021
    Annual accounts 2021-338,8 k €
  5. 2020
    Annual accounts 2020-1,1 M €
  6. 2019
    Annual accounts 201912,4 k €
  7. 2018
    Annual accounts 201838,3 k €
  8. 2017
    Annual accounts 2017141,6 k €
  9. 2016
    Annual accounts 2016180,5 k €
  10. 2014
    Annual accounts 20144,9 k €
  11. 2013
    Annual accounts 201320,8 k €
  12. 2012
    Annual accounts 201218,6 k €
  13. 2011
    Annual accounts 201148,4 k €
  14. 2010
    Annual accounts 201025,1 k €
  15. 2009
    Annual accounts 2009-4,5 k €
  16. 2008
    Annual accounts 200838 k €
  17. 2007
    Annual accounts 200713,4 k €
  18. 2006
    Annual accounts 200620,7 k €
  19. 04/08/1994
    IncorporationPublic limited company