ACTIVE

GILVER

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Financial year 2025 · closed on 31/12/2025

Net result

17,4 €

-99.6% YoY

Gross margin

33,6 k €

-22.9% YoY

Equity

-245,2 k €

+0.0% YoY

What does GILVER do?

GILVER is a Public limited company incorporated in 1994. Its registered office is in Lier.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0453.396.608

Incorporation

12/09/1994

Legal form

Public limited company

Registered office

Ogezlaan 33 box B
2500 Lier · FlandreSee on map

Contributed capital

62 000,00 €

Latest accounts

31/12/2025

Joint committees (1)

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	33,6 k €	-22.9%	43,5 k €	+47.3%	29,6 k €	-47.0%	55,7 k €	+70.2%	32,7 k €	-4.3%	34,2 k €	+49.2%	22,9 k €	-36.9%	36,3 k €	-10.2%	40,4 k €	+3.6%	39 k €	+5.2%	37,1 k €	-1.0%	37,5 k €	+23.8%	30,3 k €	-35.1%	46,6 k €	-8.9%	51,2 k €	+5.1%	48,7 k €	+92.5%	25,3 k €	-12.6%	28,9 k €	+63.7%	17,7 k €
EBITDA	153,9 €	-97.8%	7 k €	+308%	-3,4 k €	-113%	26,7 k €	+385%	5,5 k €	+249%	1,6 k €	+119%	-8,5 k €	-209%	7,8 k €	-54.3%	17 k €	+144%	7 k €	-41.5%	11,9 k €	+82.5%	6,5 k €	-61.5%	17 k €	-6.0%	18,1 k €	-20.3%	22,7 k €	+14.8%	19,8 k €	+99.3%	9,9 k €	+118%	4,5 k €	+121%	-22 k €
Operating result	153,9 €	-97.8%	7 k €	+308%	-3,4 k €	-136%	9,3 k €	+80.7%	5,2 k €	+228%	1,6 k €	+119%	-8,5 k €	-209%	7,8 k €	-31.9%	11,5 k €	+63.9%	7 k €	-41.5%	11,9 k €	+371%	2,5 k €	-85.1%	17 k €	+26.0%	13,5 k €	-40.6%	22,7 k €	+14.8%	19,8 k €	+99.3%	9,9 k €	+118%	4,5 k €	+121%	-22 k €
Net result	17,4 €	-99.6%	4,8 k €	+238%	-3,5 k €	-138%	9 k €	+80.3%	5 k €	+218%	1,6 k €	+118%	-8,5 k €	-238%	6,2 k €	-25.0%	8,2 k €	+109%	4 k €	-45.5%	7,3 k €	+197%	2,4 k €	-78.0%	11,1 k €	+33.4%	8,3 k €	-42.0%	14,3 k €	+24.1%	11,5 k €	+18.3%	9,8 k €	+117%	4,5 k €	+120%	-22 k €
Balance sheet
Equity	-245,2 k €	+0.0%	-245,2 k €	+1.9%	-250 k €	-1.4%	-246,6 k €	+3.5%	-255,6 k €	+1.9%	-260,6 k €	+0.6%	-262,1 k €	-3.4%	-253,6 k €	+2.4%	-259,8 k €	+3.1%	-268 k €	+1.5%	-272 k €	+2.6%	-279,2 k €	+0.9%	-281,7 k €	+3.8%	-292,8 k €	+2.8%	-301,1 k €	+4.5%	-315,4 k €	+3.5%	-327 k €	-5220%	6,4 k €	+102%	-341,2 k €
Total assets	35,3 k €	-7.5%	38,2 k €	+41.8%	26,9 k €	-43.5%	47,7 k €	-12.3%	54,4 k €	-0.2%	54,5 k €	+9.6%	49,7 k €	+5.6%	47,1 k €	-24.7%	62,5 k €	+56.9%	39,8 k €	+41.8%	28,1 k €	-32.7%	41,7 k €	-54.1%	90,9 k €	+32.7%	68,5 k €	-14.5%	80,2 k €	-29.6%	113,8 k €	+6305%	1,8 k €	-72.2%	6,4 k €	+26.8%	5 k €
Cash	594,2 €	-63.8%	1,6 k €	-14.8%	1,9 k €	+13664%	14 €		–		34,9 €	-97.7%	1,5 k €	-37.5%	2,5 k €		–		–		–		–		–		–		–		1,1 k €		–		1,4 k €		–
Debts	280,5 k €	-1.0%	283,4 k €	+2.3%	276,9 k €	-5.9%	294,2 k €	-5.1%	310 k €	-1.6%	315,1 k €	+1.0%	311,9 k €	+3.7%	300,7 k €	-4.9%	316 k €	+2.6%	307,9 k €	+2.6%	300,1 k €	-6.5%	321 k €	-13.9%	372,6 k €	+3.1%	361,3 k €	-5.2%	381,3 k €	-11.2%	429,3 k €	+30.6%	328,8 k €	+5479250%	6 €	-100.0%	343,1 k €
Other
Workforce	–		–		–		–		–		–		–		–		1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	-33.3%	1,5 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 · 4 ended

Active mandates

David Verrelst

Director · since 21 décembre 2022

Active

Eva Maldoy

Director · since 21 décembre 2022

Active

Ended mandates

David Verrelst

Director

Ended

Eva Maldoy

Director

Ended

Georgette Gilbert

Director

Ended

Roger Verrelst

Managing director

Ended

At this address

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DE PRODUKTIE● Active	0463.777.190
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Tilia Projects● Active	1026.487.751
World Machine Consulting● Active	0870.070.697

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	19/08/2026	02/07/2025	27/11/2024	27/11/2024	02/05/2023	29/10/2021
General meeting	19/06/2026	20/06/2025	19/11/2024	19/11/2024	31/03/2023	03/06/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	19/06/2026	19/08/2026	Dutch	PDF
Micro model	31/12/2024	20/06/2025	02/07/2025	Dutch	PDF
Micro model	31/12/2023	19/11/2024	27/11/2024	Dutch	PDF
Micro model	31/12/2022	19/11/2024	27/11/2024	Dutch	PDF
Micro model	31/12/2021	31/03/2023	02/05/2023	Dutch	PDF
Micro model	31/12/2020	03/06/2021	29/10/2021	Dutch	PDF
Micro model	31/12/2019	04/06/2020	10/12/2020	Dutch	PDF
Micro model	31/12/2018	06/06/2019	10/12/2020	Dutch	PDF
Abridged model	31/12/2017	25/10/2018	08/11/2018	Dutch	PDF
Abridged model	31/12/2016	14/12/2017	22/12/2017	Dutch	PDF
Abridged model	31/12/2015	30/06/2016	30/08/2016	Dutch	PDF
Abridged model	31/12/2014	29/09/2015	24/06/2016	Dutch	PDF
Abridged model	31/12/2013	23/09/2014	24/06/2016	Dutch	PDF
Abridged model	31/12/2012	11/02/2014	13/02/2014	Dutch	PDF
Abridged model	31/12/2011	28/06/2012	29/08/2012	Dutch	PDF
Abridged model	31/12/2010	23/09/2011	08/11/2011	Dutch	PDF
Abridged model	31/12/2009	24/09/2010	26/10/2010	Dutch	PDF
Abridged model	31/12/2008	24/06/2009	02/10/2009	Dutch	PDF
Abridged model	31/12/2007	25/06/2008	20/03/2009	Dutch	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 · 4 ended

Active mandates

David Verrelst

Director · since 21 décembre 2022

Active

Eva Maldoy

Director · since 21 décembre 2022

Active

Ended mandates

David Verrelst

Director

Ended

Eva Maldoy

Director

Ended

Georgette Gilbert

Director

Ended

Roger Verrelst

Managing director

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates12/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Registered office14/08/2017
MAATSCHAPPELIJKE ZETEL - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL
PDF
Mandates29/11/2007
ONTSLAGEN - BENOEMINGEN
PDF
Registered office21/04/2005
MAATSCHAPPELIJKE ZETEL
PDF
Registered office26/05/2003
MAATSCHAPPELIJKE ZETEL
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 202517,4 €↓
2024
Annual accounts 20244,8 k €↑
2023
Annual accounts 2023-3,5 k €↓
2022
Annual accounts 20229 k €↑
2021
Annual accounts 20215 k €↑
2020
Annual accounts 20201,6 k €↑
2019
Annual accounts 2019-8,5 k €↓
2018
Annual accounts 20186,2 k €↓
2017
Annual accounts 20178,2 k €↑
2016
Annual accounts 20164 k €↓
2015
Annual accounts 20157,3 k €↑
2014
Annual accounts 20142,4 k €↓
2013
Annual accounts 201311,1 k €↑
2012
Annual accounts 20128,3 k €↓
2011
Annual accounts 201114,3 k €↑
2010
Annual accounts 201011,5 k €↑
2009
Annual accounts 20099,8 k €↑
2008
Annual accounts 20084,5 k €↑
2007
Annual accounts 2007-22 k €
12/09/1994
IncorporationPublic 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

GILVER

Overview

What does GILVER do?

Trend over 19 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