ACTIVE

GEAL

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Financial year 2024 · closed on 31/12/2024

Net result

660,3 k €

-49.4% YoY

Gross margin

2 M €

-21.1% YoY

Equity

2,9 M €

+12.6% YoY

Workforce

13,0 ETP

+13.0% YoY

What does GEAL do?

GEAL is a Private limited company incorporated in 1994. Its main activity is: Manufacture of bread; manufacture of fresh pastry goods and cakes. Its registered office is in Brugge. It employs on average 13,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0453.413.137

Incorporation

15/09/1994

Legal form

Private limited company

Registered office

Peraltastraat 69
8000 Brugge · FlandreSee on map

Contributed capital

81 000,00 €

Latest accounts

31/12/2024

Average workforce

13,0 ETP

Activities (NACE)

10711Manufacture of bread; manufacture of fresh pastry goods and cakes· main 10711Manufacture of bread; manufacture of fresh pastry goods and cakes 10730Manufacture of macaroni, noodles, couscous and similar farinaceous products 10730Manufacture of macaroni, noodles, couscous and similar farinaceous products 15850Manufacture of leather and related products 46190Agents involved in the sale of a variety of goods+5

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	2 M €	-21.1%	2,6 M €	+190%	882 k €	-40.8%	1,5 M €	+52.8%	975,4 k €	-15.3%	1,2 M €	+3.4%	1,1 M €	+53.0%	727,5 k €	-14.9%	854,8 k €	-7.6%	924,8 k €	+19.4%	774,3 k €	+6.7%	725,5 k €	+4.3%	695,9 k €	-7.1%	749,3 k €	-4.6%	785,5 k €	+30.4%	602,6 k €	+5.2%	572,9 k €	-34.5%	874,3 k €
EBITDA	1,3 M €	-30.3%	1,9 M €	+232%	559,6 k €	-36.7%	883,8 k €	+41.7%	623,9 k €	-23.2%	812,8 k €	+6.8%	761 k €	+102%	377 k €	-25.7%	507,6 k €	-16.9%	610,9 k €	+30.4%	468,6 k €	+32.3%	354,2 k €	+8.8%	325,4 k €	-23.7%	426,3 k €	-19.6%	530 k €	+37.7%	385 k €	+9.8%	350,8 k €	-38.5%	570,6 k €
Operating result	804,9 k €	-41.6%	1,4 M €	+1594%	81,4 k €	-72.7%	298,4 k €	-28.8%	419,3 k €	-27.4%	577,7 k €	+0.5%	575 k €	+191%	197,8 k €	-43.9%	352,7 k €	-22.9%	457,3 k €	+57.3%	290,7 k €	+85.2%	157 k €	-16.4%	187,7 k €	-43.8%	334 k €	-21.4%	425,2 k €	+39.7%	304,5 k €	+34.8%	225,9 k €	-48.4%	438 k €
Net result	660,3 k €	-49.4%	1,3 M €	+2620%	48 k €	-79.0%	228,5 k €	-39.0%	374,8 k €	-21.5%	477,7 k €	-13.7%	553,3 k €	+350%	122,9 k €	+30.9%	93,9 k €	-60.5%	237,5 k €	+3.2%	230,2 k €	+91.1%	120,5 k €	-23.2%	156,8 k €	-41.1%	266,4 k €	-19.7%	331,6 k €	+40.1%	236,6 k €	+31.7%	179,7 k €	-46.9%	338,6 k €
Balance sheet
Equity	2,9 M €	+12.6%	2,6 M €	+9.1%	2,4 M €	+2.1%	2,3 M €	+11.0%	2,1 M €	+2.7%	2 M €	+0.3%	2 M €	+0.1%	2 M €	-9.4%	2,2 M €	+4.1%	2,1 M €	+6.3%	2 M €	+6.3%	1,9 M €	+3.3%	1,8 M €	+0.0%	1,8 M €	+4.4%	1,8 M €	+7.7%	1,6 M €	+6.2%	1,5 M €	+7.2%	1,4 M €
Total assets	6,4 M €	-7.3%	6,9 M €	+8.9%	6,4 M €	+4.0%	6,1 M €	+51.3%	4 M €	+0.8%	4 M €	+12.1%	3,6 M €	-3.1%	3,7 M €	+10.3%	3,3 M €	+1.6%	3,3 M €	-0.7%	3,3 M €	+11.1%	3 M €	+9.8%	2,7 M €	+17.7%	2,3 M €	+3.8%	2,2 M €	+7.5%	2,1 M €	+1.8%	2 M €	-3.9%	2,1 M €
Cash	1,5 M €	+6.9%	1,4 M €	+304%	340,5 k €	-1.1%	344,3 k €	-80.0%	1,7 M €	-1.8%	1,8 M €	+15.5%	1,5 M €	+2.4%	1,5 M €	+78.9%	827,5 k €	+37.6%	601,5 k €	+39.8%	430,2 k €	+70.6%	252,2 k €	-47.0%	476,1 k €	+0.7%	472,8 k €	+49.6%	316,1 k €	-13.5%	365,5 k €	-5.8%	388 k €	+38.9%	279,4 k €
Debts	3,5 M €	-19.4%	4,3 M €	+10.4%	3,9 M €	+3.1%	3,8 M €	+95.1%	1,9 M €	-1.3%	2 M €	+27.5%	1,5 M €	-6.8%	1,7 M €	+50.3%	1,1 M €	-3.9%	1,1 M €	-11.3%	1,3 M €	+19.5%	1,1 M €	+22.9%	882,6 k €	+86.1%	474,2 k €	+1.9%	465,3 k €	+7.4%	433,3 k €	-12.8%	497 k €	-22.5%	641,1 k €
Other
Workforce	13,0 ETP	+13.0%	11,5 ETP	+55.4%	7,4 ETP	+2.8%	7,2 ETP	+26.3%	5,7 ETP	-3.4%	5,9 ETP	-9.2%	6,5 ETP	-4.4%	6,8 ETP	+3.0%	6,6 ETP	+8.2%	6,1 ETP	+22.0%	5,0 ETP	-24.2%	6,6 ETP	-16.5%	7,9 ETP	+21.5%	6,5 ETP	+12.1%	5,8 ETP	+13.7%	5,1 ETP	-5.6%	5,4 ETP	-25.0%	7,2 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 19 ended

Active mandates

ACTA

Director · since 01 janvier 2007 · 0886.264.749

Represented by Geldhof SARA

Active

TAKODA

Director · since 01 janvier 2007 · 0886.283.060

Represented by Tom Geldhof

Active

Ended mandates

ANNIE ALDERWEIRELDT

Director · since 08 juillet 2016

Ended

ANNIE ALDERWEIRELDT

Manager · since 08 juillet 2016

Ended

ACTA

Administrator - manager · since 01 janvier 2007 · 0886.264.749

Represented by Sara Geldhof

Ended

ACTA

Manager · since 01 janvier 2007 · 0886.264.749

Represented by SARA GELDHOF

Ended

At this address

Other companies at this address

Company	CBE no.
ACTA● Active	0886.264.749
TAKODA● Active	0886.283.060

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/07/2020	01/07/2019	01/07/2018
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	30/06/2020	30/06/2019
Length of the financial year	12 months	12 months	12 months	18 months	12 months	12 months
Filing date	12/08/2025	01/08/2024	17/08/2023	03/08/2022	12/02/2021	21/01/2020
General meeting	26/07/2025	20/07/2024	29/07/2023	25/07/2022	22/01/2021	06/01/2020
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
Abridged model	31/12/2024	26/07/2025	12/08/2025	Dutch	PDF
Abridged model	31/12/2023	20/07/2024	01/08/2024	Dutch	PDF
Abridged model	31/12/2022	29/07/2023	17/08/2023	Dutch	PDF
Abridged model	31/12/2021	25/07/2022	03/08/2022	Dutch	PDF
Abridged model	30/06/2020	22/01/2021	12/02/2021	Dutch	PDF
Abridged model	30/06/2019	06/01/2020	21/01/2020	Dutch	PDF
Abridged model	30/06/2018	09/01/2019	31/01/2019	Dutch	PDF
Abridged model	30/06/2017	29/12/2017	22/01/2018	Dutch	PDF
Abridged model	30/06/2016	23/12/2016	16/01/2017	Dutch	PDF
Abridged model	30/06/2015	09/01/2016	22/01/2016	Dutch	PDF
Abridged model	30/06/2014	05/01/2015	05/01/2015	Dutch	PDF
Abridged model	30/06/2013	13/12/2013	14/02/2014	Dutch	PDF
Abridged model	30/06/2012	01/12/2012	15/02/2013	Dutch	PDF
Abridged model	30/06/2011	01/12/2011	29/02/2012	Dutch	PDF
Abridged model	30/06/2010	10/12/2010	24/12/2010	Dutch	PDF
Abridged model	30/06/2009	11/12/2009	12/02/2010	Dutch	PDF
Abridged model	30/06/2008	12/12/2008	30/03/2009	Dutch	PDF
Abridged model	30/06/2007	14/12/2007	01/02/2008	Dutch	PDF
Abridged model	30/06/2006	08/12/2006	27/02/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 · 2 active · 19 ended

Active mandates

ACTA

Director · since 01 janvier 2007 · 0886.264.749

Represented by Geldhof SARA

Active

TAKODA

Director · since 01 janvier 2007 · 0886.283.060

Represented by Tom Geldhof

Active

Ended mandates

ANNIE ALDERWEIRELDT

Director · since 08 juillet 2016

Ended

ANNIE ALDERWEIRELDT

Manager · since 08 juillet 2016

Ended

ACTA

Administrator - manager · since 01 janvier 2007 · 0886.264.749

Represented by Sara Geldhof

Ended

ACTA

Manager · since 01 janvier 2007 · 0886.264.749

Represented by SARA GELDHOF

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates22/05/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/05/2021
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - JAARREKENINGEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
PDF
Other06/10/2017
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates16/08/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/02/2007
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares04/10/2005
ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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

2024
Annual accounts 2024660,3 k €↓
2023
Annual accounts 20231,3 M €↑
2022
Annual accounts 202248 k €↓
2021
Annual accounts 2021228,5 k €↓
2020
Annual accounts 2020374,8 k €↓
2019
Annual accounts 2019477,7 k €↓
2018
Annual accounts 2018553,3 k €↑
2017
Annual accounts 2017122,9 k €↑
2016
Annual accounts 201693,9 k €↓
2015
Annual accounts 2015237,5 k €↑
2014
Annual accounts 2014230,2 k €↑
2013
Annual accounts 2013120,5 k €↓
2012
Annual accounts 2012156,8 k €↓
2011
Annual accounts 2011266,4 k €↓
2010
Annual accounts 2010331,6 k €↑
2009
Annual accounts 2009236,6 k €↑
2008
Annual accounts 2008179,7 k €↓
2007
Annual accounts 2007338,6 k €
15/09/1994
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

GEAL

Overview

What does GEAL do?

Trend over 18 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