ACTIVE

GISY

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Financial year 2025 · closed on 30/09/2025

Net result

2,7 k €

-90.3% YoY

Gross margin

98,5 k €

-24.7% YoY

Equity

145,9 k €

+1.9% YoY

Workforce

2,4 ETP

+140.0% YoY

What does GISY do?

GISY is a Public limited company incorporated in 1995. Its main activity is: Retail sale of clothing in specialised stores. Its registered office is in Zonhoven. It employs on average 2,4 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0456.267.313

Incorporation

24/10/1995

Legal form

Public limited company

Registered office

Slangbeekweg 19
3520 Zonhoven · FlandreSee on map

Contributed capital

92 960,07 €

Latest accounts

30/09/2025

Average workforce

2,4 ETP

Activities (NACE)

47715Retail sale of clothing in specialised stores· main 47715Retail sale of clothing in specialised stores 47750Retail sale of cosmetic and toilet articles in specialised stores 47750Retail sale of cosmetic and toilet articles in specialised stores 52330Warehousing and support activities for transportation

Joint committees (4)

Signals

ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

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	98,5 k €	-24.7%	130,8 k €	+9.3%	119,6 k €	+18.8%	100,7 k €	+29.1%	78 k €	+1.2%	77,1 k €	+32.9%	58 k €	-15.6%	68,7 k €	-8.9%	75,5 k €	+4.8%	72 k €	-7.2%	77,5 k €	+5.7%	73,4 k €	+16.1%	63,2 k €	+251%	18 k €	-51.9%	37,4 k €	-72.7%	136,9 k €	-25.0%	182,5 k €	-8.2%	198,8 k €	-15.0%	234 k €
EBITDA	45,9 k €	-45.9%	84,8 k €	+13.0%	75 k €	+15.8%	64,8 k €	+28.5%	50,4 k €	-11.2%	56,8 k €	+32.9%	42,8 k €	-30.4%	61,5 k €	-11.7%	69,6 k €	+4.9%	66,4 k €	-7.8%	72 k €	+13.9%	63,2 k €	+9.4%	57,8 k €	+251%	16,5 k €	+984%	-1,9 k €	-102%	86 k €	-36.4%	135,3 k €	-8.6%	148 k €	-12.3%	168,9 k €
Operating result	5,8 k €	-86.9%	44,4 k €	+25.0%	35,5 k €	+185%	12,5 k €	+5143%	-247,3 €	-102%	11,3 k €	+1508%	-803,8 €	-104%	18,4 k €	-54.7%	40,6 k €	+9.4%	37,1 k €	-11.9%	42,2 k €	+36.5%	30,9 k €	+34.7%	22,9 k €	+223%	-18,7 k €	+67.1%	-56,7 k €	-315%	26,3 k €	-63.8%	72,6 k €	+16.1%	62,6 k €	-13.9%	72,6 k €
Net result	2,7 k €	-90.3%	27,7 k €	+13.6%	24,4 k €	+156%	9,5 k €	+327%	-4,2 k €	-189%	4,7 k €	+189%	-5,3 k €	-190%	5,9 k €	-77.3%	26,1 k €	-12.1%	29,7 k €	-21.5%	37,9 k €	+98.1%	19,1 k €	+2617%	703,7 €	+101%	-63,4 k €	-6.1%	-59,7 k €	-200%	-19,9 k €	-268%	11,9 k €	-38.0%	19,1 k €	-54.1%	41,6 k €
Balance sheet
Equity	145,9 k €	+1.9%	143,3 k €	+24.0%	115,6 k €	+26.7%	91,2 k €	+11.7%	81,7 k €	-4.9%	85,9 k €	+5.8%	81,2 k €	-6.2%	86,5 k €	+7.3%	80,6 k €	+35.5%	59,4 k €	+71.2%	34,7 k €	+1778%	1,8 k €	+111%	-17,3 k €	+4.1%	-18 k €	-140%	45,4 k €	-56.8%	105,1 k €	-15.9%	125 k €	+6.7%	117,2 k €	+19.5%	98,1 k €
Total assets	337,8 k €	-5.2%	356,3 k €	-5.2%	375,9 k €	-3.1%	388,1 k €	-12.1%	441,4 k €	+3.9%	425 k €	-3.4%	439,9 k €	-6.8%	471,8 k €	+5.5%	447,3 k €	-6.2%	476,7 k €	-4.5%	499,5 k €	-4.9%	525,4 k €	-6.4%	561 k €	-6.2%	597,8 k €	-18.8%	736,3 k €	-27.7%	1 M €	-8.1%	1,1 M €	+5.6%	1 M €	-1.6%	1,1 M €
Cash	35,9 k €	+33.3%	26,9 k €	+64.0%	16,4 k €	+884%	1,7 k €	-57.5%	3,9 k €	-1.0%	4 k €	+59.4%	2,5 k €		–		6,3 k €	+3.8%	6,1 k €		–		1 k €	+55.5%	669,6 €	-88.2%	5,7 k €	-80.3%	28,8 k €	+643%	3,9 k €	-34.8%	6 k €		–		1,4 k €
Debts	188,3 k €	-10.1%	209,5 k €	-18.4%	256,9 k €	-12.5%	293,4 k €	-17.4%	355 k €	+4.7%	339 k €	-5.4%	358,4 k €	-7.0%	385,3 k €	+5.6%	364,9 k €	-11.7%	413,3 k €	-11.1%	464,7 k €	-11.0%	521,9 k €	-9.5%	576,7 k €	-6.3%	615,8 k €	-10.9%	690,9 k €	-24.2%	911 k €	-7.2%	981,6 k €	+6.4%	922,7 k €	-4.2%	963,4 k €
Other
Workforce	2,4 ETP	+140%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP		–		–		–		–		–		–		–		–		2,0 ETP	0.0%	2,0 ETP	+100%	1,0 ETP	0.0%	1,0 ETP	-50.0%	2,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active · 13 ended

Active mandates

Yvan Piccart

Managing director · since 24 octobre 1995

Active

Ended mandates

Clara Gielen

Director · since 28 novembre 2016 · until 28 novembre 2022

Ended

Eli Piccart

Managing director · since 28 novembre 2016 · until 28 novembre 2022

Ended

Yvan Piccart

Managing director · since 28 novembre 2016 · until 28 novembre 2022

Ended

Clara Gielen

Director · since 30 novembre 2015 · until 29 novembre 2021

Ended

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	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	27/04/2026	16/05/2025	31/01/2024	22/12/2022	06/04/2022	20/04/2021
General meeting	24/11/2025	06/01/2025	15/01/2024	28/11/2022	21/03/2022	29/03/2021
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	30/09/2025	24/11/2025	27/04/2026	Dutch	PDF
Abridged model	30/09/2024	06/01/2025	16/05/2025	Dutch	PDF
Abridged model	30/09/2023	15/01/2024	31/01/2024	Dutch	PDF
Abridged model	30/09/2022	28/11/2022	22/12/2022	Dutch	PDF
Abridged model	30/09/2021	21/03/2022	06/04/2022	Dutch	PDF
Abridged model	30/09/2020	29/03/2021	20/04/2021	Dutch	PDF
Micro model	30/09/2019	17/12/2019	12/01/2020	Dutch	PDF
Micro model	30/09/2018	26/11/2018	07/01/2019	Dutch	PDF
Micro model	30/09/2017	27/11/2017	19/12/2017	Dutch	PDF
Abridged model	30/09/2016	28/11/2016	23/12/2016	Dutch	PDF
Abridged model	30/09/2015	30/11/2015	17/12/2015	Dutch	PDF
Abridged model	30/09/2014	24/11/2014	17/12/2014	Dutch	PDF
Abridged model	30/09/2013	03/01/2014	22/01/2014	Dutch	PDF
Abridged model	30/09/2012	08/01/2013	08/02/2013	Dutch	PDF
Abridged model	30/09/2011	11/01/2012	23/01/2012	Dutch	PDF
Abridged model	30/09/2010	04/01/2011	11/02/2011	Dutch	PDF
Abridged model	30/09/2009	04/01/2010	26/01/2010	Dutch	PDF
Abridged model	30/09/2008	24/11/2008	24/12/2008	Dutch	PDF
Abridged modelCorrection	30/09/2007	23/11/2007	28/03/2008	Dutch	PDF
Abridged model	30/09/2007	23/11/2007	24/12/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 30/09/2025 · 1 active · 13 ended

Active mandates

Yvan Piccart

Managing director · since 24 octobre 1995

Active

Ended mandates

Clara Gielen

Director · since 28 novembre 2016 · until 28 novembre 2022

Ended

Eli Piccart

Managing director · since 28 novembre 2016 · until 28 novembre 2022

Ended

Yvan Piccart

Managing director · since 28 novembre 2016 · until 28 novembre 2022

Ended

Clara Gielen

Director · since 30 novembre 2015 · until 29 novembre 2021

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates16/02/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - BENAMING - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/01/2017
ONTSLAGEN - BENOEMINGEN
PDF
Registered office03/07/2012
MAATSCHAPPELIJKE ZETEL
PDF
Mandates08/04/2009
ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/01/2003
ONTSLAGEN - BENOEMINGEN - KAPITAAL - AANDELEN
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 20252,7 k €↓
2024
Annual accounts 202427,7 k €↑
2024
Name changeGisy
2023
Annual accounts 202324,4 k €↑
2022
Annual accounts 20229,5 k €↑
2021
Annual accounts 2021-4,2 k €↓
2021
Name changePARFUMERIE THEO
2020
Annual accounts 20204,7 k €↑
2019
Annual accounts 2019-5,3 k €↓
2018
Annual accounts 20185,9 k €↓
2017
Annual accounts 201726,1 k €↓
2016
Annual accounts 201629,7 k €↓
2015
Annual accounts 201537,9 k €↑
2014
Annual accounts 201419,1 k €↑
2013
Annual accounts 2013703,7 €↑
2012
Annual accounts 2012-63,4 k €↓
2011
Annual accounts 2011-59,7 k €↓
2010
Annual accounts 2010-19,9 k €↓
2009
Annual accounts 200911,9 k €↓
2008
Annual accounts 200819,1 k €↓
2007
Annual accounts 200741,6 k €
24/10/1995
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

GISY

Overview

What does GISY do?

Trend over 19 financial years

Indicative valuation

Board of directors

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