ACTIVE

GEGOLAC

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

-281 k €

+42.9% YoY

Gross margin

1,7 M €

+12.0% YoY

Equity

657,2 k €

-30.0% YoY

Workforce

17,8 ETP

-15.6% YoY

What does GEGOLAC do?

GEGOLAC is a Public limited company incorporated in 1994. Its main activity is: Manufacture of weapons and ammunition. Its registered office is in Châtelet. It employs on average 17,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0453.975.737

Incorporation

19/12/1994

Legal form

Public limited company

Registered office

Rue des Hauts-Fourneaux 1
6200 Châtelet · WallonieSee on map

Contributed capital

62 000,00 €

Latest accounts

31/12/2025

Average workforce

17,8 ETP

Activities (NACE)

25402Manufacture of weapons and ammunition· main 25502Forging, pressing, stamping and roll-forming of metal; powder metallurgy 25510Forging, pressing, stamping and roll-forming of metal; powder metallurgy 25610Treatment and coating of metals 28402Manufacture of metal forming machinery and machine tools 28510Manufacture of machinery and equipment n.e.c.

Joint committees (3)

Signals

Positive cashflowPositive EBITDA

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 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	1,7 M €	+12.0%	1,5 M €	+29.2%	1,2 M €	-23.0%	1,5 M €	+25.1%	1,2 M €	+50.6%	804,9 k €	-6.1%	856,9 k €	-4.9%	901,4 k €	+25.6%	717,8 k €	+48.2%	484,2 k €	+40.8%	343,8 k €	+2.4%	335,8 k €	+9.0%	308 k €	-43.4%	543,7 k €	-11.1%	611,3 k €	+21.1%	504,7 k €	+35.9%	371,4 k €	-34.8%	569,8 k €	+133%	244,4 k €	+62.5%	150,5 k €
EBITDA	699,8 k €	+67.3%	418,3 k €	+23.1%	339,7 k €	-62.4%	904,1 k €	+32.8%	680,9 k €	+86.4%	365,3 k €	-10.4%	407,7 k €	-12.8%	467,7 k €	+17.3%	398,8 k €	+221%	124,3 k €	+134%	53,1 k €	-17.2%	64,2 k €	+160%	-107,7 k €	-275%	61,5 k €	-58.5%	148,2 k €	+21.0%	122,5 k €	+404%	24,3 k €	-88.8%	217,2 k €	+66.0%	130,8 k €	+72.6%	75,8 k €
Operating result	67,5 k €	+130%	-224,1 k €	-121%	-101,4 k €	-114%	708,5 k €	+25.0%	566,9 k €	+133%	243 k €	-17.7%	295,1 k €	-17.5%	357,5 k €	+3.2%	346,3 k €	+389%	70,9 k €	+557%	-15,5 k €	-306%	7,5 k €	+104%	-177,1 k €	-814%	-19,4 k €	-129%	65,9 k €	+83.0%	36 k €	+147%	-76,9 k €	-166%	117,4 k €	+104%	57,4 k €	+30.7%	43,9 k €
Net result	-281 k €	+42.9%	-491,8 k €	-87.9%	-261,7 k €	-145%	582,5 k €	+35.0%	431,6 k €	+134%	184,2 k €	-17.7%	223,9 k €	-20.8%	282,6 k €	+2.6%	275,4 k €	+331%	63,9 k €	+303%	-31,5 k €	-10364%	307,3 €	+100%	-200,7 k €	-375%	-42,3 k €	-209%	38,7 k €	+3367%	1,1 k €	+101%	-99,9 k €	-258%	63,2 k €	+103%	31,1 k €	+42.7%	21,8 k €
Balance sheet
Equity	657,2 k €	-30.0%	938,3 k €	-34.4%	1,4 M €	-15.5%	1,7 M €	+47.7%	1,1 M €	+37.4%	833,7 k €	+28.4%	649,5 k €	+36.6%	475,6 k €	+17.4%	405,3 k €	+212%	129,9 k €	+96.8%	66 k €	+211%	-59,7 k €	+0.5%	-60 k €	-143%	140,7 k €	-23.1%	183 k €	+26.8%	144,3 k €	+0.8%	143,1 k €	-41.1%	243 k €	+35.2%	179,8 k €	+20.9%	148,6 k €
Total assets	7,3 M €	-8.0%	7,9 M €	-4.0%	8,2 M €	+80.5%	4,6 M €	+103%	2,2 M €	+56.8%	1,4 M €	+9.3%	1,3 M €	+9.9%	1,2 M €	+67.6%	710,7 k €	+40.6%	505,7 k €	-1.7%	514,2 k €	+32.2%	389,1 k €	-0.4%	390,7 k €	-30.9%	565,6 k €	-24.7%	751,1 k €	+3.9%	722,7 k €	-8.2%	787,3 k €	-12.8%	903,2 k €	+9.7%	823,1 k €	+122%	371,5 k €
Cash	147,6 k €	+101%	73,4 k €	-19.8%	91,5 k €	-72.8%	336,7 k €	-28.5%	470,8 k €	+19.8%	393,1 k €	+168%	146,8 k €	-17.0%	177 k €	+28.7%	137,6 k €	+329%	32 k €	+117%	14,8 k €	+75.0%	8,4 k €	+14.8%	7,3 k €		–		6,2 k €	+144%	2,5 k €	+59.9%	1,6 k €	-96.5%	45,1 k €	+1303%	3,2 k €	-24.2%	4,2 k €
Debts	6,6 M €	-5.1%	7 M €	+2.4%	6,8 M €	+138%	2,9 M €	+165%	1,1 M €	+88.2%	573,5 k €	-9.7%	635,1 k €	-7.5%	686,8 k €	+125%	305,4 k €	-18.7%	375,7 k €	-16.2%	448,2 k €	-0.1%	448,8 k €	-0.4%	450,6 k €	+6.2%	424,4 k €	-25.2%	567,7 k €	-1.8%	578,2 k €	-10.2%	643,6 k €	-2.4%	659,7 k €	+4.5%	631,2 k €	+186%	220,8 k €
Other
Workforce	17,8 ETP	-15.6%	21,1 ETP	+3.9%	20,3 ETP	+18.0%	17,2 ETP	+3.6%	16,6 ETP	+5.7%	15,7 ETP	+8.3%	14,5 ETP	+6.6%	13,6 ETP	+11.5%	12,2 ETP	+3.4%	11,8 ETP	+0.9%	11,7 ETP	+1.7%	11,5 ETP	-11.5%	13,0 ETP	-9.1%	14,3 ETP	-2.7%	14,7 ETP	+2.8%	14,3 ETP	+5.1%	13,6 ETP	+12.4%	12,1 ETP	+256%	3,4 ETP	+112%	1,6 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 · 10 ended

Active mandates

Ludovic MORICI

Director

Active

Mirko MORICI

Director

Active

Ended mandates

Sabrina CAICO

Director · since 19 décembre 2014

Ended

Ludovic MORICI

Director · since 30 octobre 2007

Ended

MORICI METAL¨PROTECT

Managing director · since 30 octobre 2007 · 0889.601.054

Represented by Ludovic MORICI

Ended

MORICI METAL¨PROTECT

Managing director · since 30 octobre 2007 · 0889.601.054

Represented by Ludovic MORICI

Ended

At this address

Other companies at this address

Company	CBE no.
CHROME STYLE● Active	0563.817.052
MORICI CORPORATION INVESTMENT● Active	0761.657.064

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	29/07/2026	15/09/2025	30/08/2024	22/07/2023	27/07/2022	13/08/2021
General meeting	16/07/2026	27/06/2025	28/06/2024	30/06/2023	24/06/2022	25/06/2021
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	16/07/2026	29/07/2026	French	PDF
Abridged model	31/12/2024	27/06/2025	15/09/2025	French	PDF
Abridged model	31/12/2023	28/06/2024	30/08/2024	French	PDF
Abridged model	31/12/2022	30/06/2023	22/07/2023	French	PDF
Abridged model	31/12/2021	24/06/2022	27/07/2022	French	PDF
Abridged model	31/12/2020	25/06/2021	13/08/2021	French	PDF
Abridged model	31/12/2019	26/06/2020	04/09/2020	French	PDF
Abridged model	31/12/2018	28/06/2019	19/08/2019	French	PDF
Abridged model	31/12/2017	29/06/2018	28/08/2018	French	PDF
Abridged model	31/12/2016	30/06/2017	29/08/2017	French	PDF
Abridged model	31/12/2015	24/06/2016	24/08/2016	French	PDF
Abridged model	31/12/2014	26/06/2015	25/08/2015	French	PDF
Abridged model	31/12/2013	27/06/2014	15/08/2014	French	PDF
Abridged model	31/12/2012	28/06/2013	06/08/2013	French	PDF
Abridged model	31/12/2011	29/06/2012	27/08/2012	French	PDF
Abridged model	31/12/2010	24/06/2011	27/08/2011	French	PDF
Abridged model	31/12/2009	25/06/2010	31/08/2010	French	PDF
Abridged model	31/12/2008	26/06/2009	31/07/2009	French	PDF
Abridged model	31/12/2007	27/06/2008	22/08/2008	French	PDF
Abridged model	31/12/2006	29/06/2007	04/07/2007	French	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 · 10 ended

Active mandates

Ludovic MORICI

Director

Active

Mirko MORICI

Director

Active

Ended mandates

Sabrina CAICO

Director · since 19 décembre 2014

Ended

Ludovic MORICI

Director · since 30 octobre 2007

Ended

MORICI METAL¨PROTECT

Managing director · since 30 octobre 2007 · 0889.601.054

Represented by Ludovic MORICI

Ended

MORICI METAL¨PROTECT

Managing director · since 30 octobre 2007 · 0889.601.054

Represented by Ludovic MORICI

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates22/07/2026
DEMISSIONS, NOMINATIONS
PDF
Registered office25/04/2024
SIEGE SOCIAL
PDF
Restructuring26/07/2023
OBJET - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring06/03/2023
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...) - DIVERS
PDF
Mandates26/06/2018
DEMISSIONS, NOMINATIONS
PDF
Mandates09/03/2015
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Mandates16/11/2007
DEMISSIONS, NOMINATIONS
PDF
Mandates20/11/2003
DEMISSIONS, NOMINATIONS
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 2025-281 k €↑
2024
Annual accounts 2024-491,8 k €↓
2023
Annual accounts 2023-261,7 k €↓
2022
Annual accounts 2022582,5 k €↑
2021
Annual accounts 2021431,6 k €↑
2020
Annual accounts 2020184,2 k €↓
2019
Annual accounts 2019223,9 k €↓
2018
Annual accounts 2018282,6 k €↑
2017
Annual accounts 2017275,4 k €↑
2016
Annual accounts 201663,9 k €↑
2015
Annual accounts 2015-31,5 k €↓
2014
Annual accounts 2014307,3 €↑
2013
Annual accounts 2013-200,7 k €↓
2012
Annual accounts 2012-42,3 k €↓
2011
Annual accounts 201138,7 k €↑
2010
Annual accounts 20101,1 k €↑
2009
Annual accounts 2009-99,9 k €↓
2008
Annual accounts 200863,2 k €↑
2007
Annual accounts 200731,1 k €↑
2006
Annual accounts 200621,8 k €
19/12/1994
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

GEGOLAC

Overview

What does GEGOLAC do?

Trend over 20 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