ACTIVE

GILMASO

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Financial year 2025 · closed on 31/12/2025

Net result

-45,8 k €

-130.7% YoY

Gross margin

1,7 M €

-0.8% YoY

Equity

181,7 k €

-20.1% YoY

Workforce

22,6 ETP

+11.3% YoY

What does GILMASO do?

GILMASO is a Public limited company incorporated in 1995. Its registered office is in Genk. It employs on average 22,6 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0456.217.130

Incorporation

03/10/1995

Legal form

Public limited company

Registered office

Woudstraat 3A
3600 Genk · FlandreSee on map

Contributed capital

75 000,00 €

Latest accounts

31/12/2025

Average workforce

22,6 ETP

Joint committees (4)

111
11101
209
20900

Signals

Healthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ 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 €	-0.8%	1,7 M €	+130%	730,2 k €	-53.9%	1,6 M €	+40.7%	1,1 M €	-25.6%	1,5 M €	-5.7%	1,6 M €	-21.9%	2,1 M €	-17.8%	2,5 M €	+13.5%	2,2 M €	+0.3%	2,2 M €	-11.3%	2,5 M €	+1.1%	2,5 M €	-6.5%	2,6 M €	+43.6%	1,8 M €	+10.9%	1,6 M €	+13.5%	1,5 M €	-34.5%	2,2 M €	+15.9%	1,9 M €	+35.8%	1,4 M €
EBITDA	-32,8 k €	-117%	191,5 k €	+124%	-800,8 k €	-912%	98,6 k €	+175%	-132,3 k €	-200%	132,8 k €	+417%	25,7 k €	-94.8%	490,3 k €	-36.7%	774,5 k €	+49.8%	517 k €	+5.7%	489 k €	-40.4%	820,3 k €	+3.9%	789,7 k €	-35.9%	1,2 M €	+164%	467,2 k €	-0.4%	469,3 k €	+78.8%	262,4 k €	-72.9%	966,9 k €	+23.9%	780,5 k €	+118%	358,1 k €
Operating result	-44,6 k €	-126%	174,6 k €	+121%	-820,9 k €	-1279%	69,6 k €	+143%	-163,4 k €	-257%	103,8 k €	+173179%	59,9 €	-100.0%	466,2 k €	-37.5%	745,6 k €	+54.4%	482,9 k €	+5.9%	456,1 k €	-42.2%	789,4 k €	+2.4%	770,6 k €	-36.3%	1,2 M €	+175%	439,6 k €	-0.6%	442,4 k €	+99.5%	221,8 k €	-75.9%	920,2 k €	+25.2%	735,1 k €	+127%	324,3 k €
Net result	-45,8 k €	-131%	149,3 k €	+118%	-821,6 k €	-1294%	68,8 k €	+141%	-166,2 k €	-323%	74,5 k €	+829%	-10,2 k €	-103%	351,6 k €	-35.3%	543,7 k €	+58.5%	343,1 k €	+4.4%	328,7 k €	-42.9%	575,9 k €	+5.4%	546,3 k €	-41.4%	932 k €	+234%	279,1 k €	-9.2%	307,6 k €	+57.7%	195 k €	-69.8%	646,9 k €	+22.1%	529,8 k €	+137%	223,2 k €
Balance sheet
Equity	181,7 k €	-20.1%	227,5 k €	+191%	78,2 k €	-91.3%	899,9 k €	+8.3%	831,1 k €	-16.7%	997,3 k €	+1.0%	987,8 k €	-1.0%	998 k €	+10.1%	906,4 k €	+7.6%	842,7 k €	+3.3%	815,6 k €	+12.2%	727 k €	+13.4%	641,1 k €	+11.5%	574,8 k €	+29.8%	442,8 k €	-54.1%	963,6 k €	+0.8%	956,1 k €	+1.6%	941 k €	+11.5%	844,2 k €	+6.9%	789,3 k €
Total assets	1,4 M €	-15.1%	1,7 M €	+7.1%	1,6 M €	-46.4%	2,9 M €	+64.5%	1,8 M €	-16.2%	2,1 M €	-4.8%	2,2 M €	-6.0%	2,4 M €	-2.5%	2,4 M €	-1.9%	2,5 M €	-0.0%	2,5 M €	-9.2%	2,7 M €	+0.3%	2,7 M €	-6.4%	2,9 M €	+21.5%	2,4 M €	+17.0%	2 M €	+7.3%	1,9 M €	-27.1%	2,6 M €	+3.9%	2,5 M €	+51.7%	1,6 M €
Cash	385,6 k €	+585%	56,3 k €	-52.4%	118,3 k €	-31.1%	171,6 k €	-62.8%	461,7 k €	-30.5%	664,4 k €	+73.7%	382,5 k €	-53.6%	824,2 k €	+30.4%	632 k €	-24.3%	835,4 k €	+115%	388,3 k €	-22.1%	498,4 k €	-63.3%	1,4 M €	-31.6%	2 M €	+60.7%	1,2 M €	+71.3%	721 k €	+12.0%	643,8 k €	-4.7%	675,2 k €	+36.8%	493,8 k €	-8.2%	537,8 k €
Debts	1,2 M €	-14.3%	1,4 M €	-2.6%	1,5 M €	-26.2%	2 M €	+115%	932,7 k €	-15.8%	1,1 M €	-9.4%	1,2 M €	-9.7%	1,4 M €	-10.1%	1,5 M €	-6.9%	1,6 M €	-1.7%	1,6 M €	-17.1%	2 M €	-2.2%	2 M €	-11.9%	2,3 M €	+19.2%	1,9 M €	+84.3%	1 M €	+12.2%	934,3 k €	-43.5%	1,7 M €	-0.0%	1,7 M €	+93.0%	857,8 k €
Other
Workforce	22,6 ETP	+11.3%	20,3 ETP	-5.6%	21,5 ETP	-4.4%	22,5 ETP	-2.6%	23,1 ETP	-2.9%	23,8 ETP	-7.4%	25,7 ETP	-4.5%	26,9 ETP	-11.5%	30,4 ETP	+1.0%	30,1 ETP	-3.8%	31,3 ETP	+1.6%	30,8 ETP	+4.1%	29,6 ETP	+8.8%	27,2 ETP	-3.2%	28,1 ETP	+16.6%	24,1 ETP	-1.2%	24,4 ETP	-5.1%	25,7 ETP	-1.5%	26,1 ETP	+13.5%	23,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 23 ended

Active mandates

ASOTEP

Managing director · 0433.718.375

Represented by Sergio Petosa

Active

MARTIN'S COMPANY

Managing director · 0897.041.449

Represented by Martinus de Leeuw

Active

Ended mandates

ASOTEP

Managing director · since 01 novembre 2010 · until 20 juin 2013 · 0433.718.375

Represented by PASQUALE PETOSA

Ended

MARTIN'S COMPANY

Managing director · since 20 juin 2009 · until 20 juin 2013 · 0897.041.449

Represented by Martinus De Leeuw

Ended

MARTIN'S COMPANY

Managing director · since 20 juin 2009 · until 20 juin 2026 · 0897.041.449

Represented by Martinus De Leeuw

Ended

MARTIN'S COMPANY

Managing director · since 20 juin 2009 · 0897.041.449

Represented by Martinus De Leeuw

Ended

At this address

Other companies at this address

Company	CBE no.
ASOTEP● Active	0433.718.375

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	15/07/2026	30/07/2025	28/08/2024	29/08/2023	22/07/2022	18/08/2021
General meeting	20/06/2026	20/06/2025	20/06/2024	20/06/2023	20/06/2022	20/06/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	20/06/2026	15/07/2026	Dutch	PDF
Abridged model	31/12/2024	20/06/2025	30/07/2025	Dutch	PDF
Abridged model	31/12/2023	20/06/2024	28/08/2024	Dutch	PDF
Abridged model	31/12/2022	20/06/2023	29/08/2023	Dutch	PDF
Abridged model	31/12/2021	20/06/2022	22/07/2022	Dutch	PDF
Abridged model	31/12/2020	20/06/2021	18/08/2021	Dutch	PDF
Abridged model	31/12/2019	20/06/2020	29/07/2020	Dutch	PDF
Abridged model	31/12/2018	20/06/2019	25/07/2019	Dutch	PDF
Abridged model	31/12/2017	20/06/2018	31/07/2018	Dutch	PDF
Abridged model	31/12/2016	20/06/2017	31/07/2017	Dutch	PDF
Abridged model	31/12/2015	20/06/2016	26/07/2016	Dutch	PDF
Abridged model	31/12/2014	20/06/2015	20/07/2015	Dutch	PDF
Abridged model	31/12/2013	30/06/2014	30/07/2014	Dutch	PDF
Abridged model	31/12/2012	20/06/2013	26/11/2013	Dutch	PDF
Abridged model	31/12/2011	20/06/2012	24/08/2012	Dutch	PDF
Abridged model	31/12/2010	20/06/2011	28/06/2011	Dutch	PDF
Abridged model	31/12/2009	21/06/2010	23/06/2010	Dutch	PDF
Abridged model	31/12/2008	20/06/2009	23/06/2009	Dutch	PDF
Abridged model	31/12/2007	20/06/2008	02/07/2008	Dutch	PDF
Abridged model	31/12/2006	20/06/2007	27/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 · 23 ended

Active mandates

ASOTEP

Managing director · 0433.718.375

Represented by Sergio Petosa

Active

MARTIN'S COMPANY

Managing director · 0897.041.449

Represented by Martinus de Leeuw

Active

Ended mandates

ASOTEP

Managing director · since 01 novembre 2010 · until 20 juin 2013 · 0433.718.375

Represented by PASQUALE PETOSA

Ended

MARTIN'S COMPANY

Managing director · since 20 juin 2009 · until 20 juin 2013 · 0897.041.449

Represented by Martinus De Leeuw

Ended

MARTIN'S COMPANY

Managing director · since 20 juin 2009 · until 20 juin 2026 · 0897.041.449

Represented by Martinus De Leeuw

Ended

MARTIN'S COMPANY

Managing director · since 20 juin 2009 · 0897.041.449

Represented by Martinus De Leeuw

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Other11/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN
PDF
Mandates23/08/2022
ONTSLAGEN - BENOEMINGEN
PDF
Other15/02/2016
DIVERSEN
PDF
Mandates24/12/2014
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/01/2012
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/12/2010
ONTSLAGEN - BENOEMINGEN
PDF
Mandates01/07/2009
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/07/2007
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

2025
Annual accounts 2025-45,8 k €↓
2024
Annual accounts 2024149,3 k €↑
2023
Annual accounts 2023-821,6 k €↓
2022
Annual accounts 202268,8 k €↑
2021
Annual accounts 2021-166,2 k €↓
2020
Annual accounts 202074,5 k €↑
2019
Annual accounts 2019-10,2 k €↓
2018
Annual accounts 2018351,6 k €↓
2017
Annual accounts 2017543,7 k €↑
2016
Annual accounts 2016343,1 k €↑
2015
Annual accounts 2015328,7 k €↓
2014
Annual accounts 2014575,9 k €↑
2013
Annual accounts 2013546,3 k €↓
2012
Annual accounts 2012932 k €↑
2011
Annual accounts 2011279,1 k €↓
2010
Annual accounts 2010307,6 k €↑
2009
Annual accounts 2009195 k €↓
2008
Annual accounts 2008646,9 k €↑
2007
Annual accounts 2007529,8 k €↑
2006
Annual accounts 2006223,2 k €
03/10/1995
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

GILMASO

Overview

What does GILMASO 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