ACTIVE

G-TEC

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Financial year 2025 · closed on 30/09/2025

Net result

172,9 k €

-90.5% YoY

Gross margin

243,8 k €

-79.5% YoY

Equity

13,8 M €

+0.5% YoY

What does G-TEC do?

G-TEC is a Private limited company incorporated in 1996. Its registered office is in Koksijde.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0459.292.525

Incorporation

22/11/1996

Legal form

Private limited company

Registered office

Ter Duinenwijk(Odk) 8
8670 Koksijde · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

30/09/2025

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2018		2017		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	243,8 k €	-79.5%	1,2 M €	+455%	214,3 k €	+23.6%	173,4 k €	-0.4%	174,2 k €	-54.7%	384,6 k €	+3.0%	373,5 k €	-18.7%	459,6 k €	+14.9%	400,1 k €	+48.0%	270,3 k €	-18.5%	331,7 k €	+39.8%	237,3 k €	-62.1%	625,3 k €	+149%	250,7 k €	+186%	-291,4 k €	-244%	202,1 k €	+375%	42,5 k €	+0.6%	42,2 k €
EBITDA	194,9 k €	-69.5%	639,4 k €	+288%	164,9 k €	+20.8%	136,5 k €	+5.3%	129,7 k €	-61.1%	333 k €	+4.6%	318,3 k €	-21.7%	406,3 k €	+15.9%	350,6 k €	+91.4%	183,2 k €	-37.4%	292,7 k €	+50.1%	195,1 k €	-67.1%	592,9 k €	+149%	237,9 k €	+238%	-171,9 k €	-465%	47,1 k €	+26.8%	37,1 k €	-2.6%	38,1 k €
Operating result	-2,8 k €	-101%	459,3 k €	+728%	-73,2 k €	-88.5%	-38,8 k €	+17.6%	-47,1 k €	-131%	149,8 k €	+1293%	-12,6 k €	-120%	61,7 k €	+707%	7,6 k €	+104%	-190,3 k €	-7.3%	-177,3 k €	+8.4%	-193,4 k €	-174%	261,4 k €	+275%	-149,1 k €	+69.2%	-483,8 k €	-7372%	6,7 k €	+148%	-13,9 k €	-29489%	-47 €
Net result	172,9 k €	-90.5%	1,8 M €	+830%	196,6 k €	-89.8%	1,9 M €	+465%	340,8 k €	+26.0%	270,5 k €	-31.5%	394,7 k €	-45.4%	722,2 k €	+79.8%	401,6 k €	+1545%	-27,8 k €	+81.2%	-148,1 k €	-103%	5,4 M €	+231%	1,6 M €	+175%	597,9 k €	-69.8%	2 M €	+197%	665,5 k €	+40.1%	475,1 k €	-7.3%	512,5 k €
Balance sheet
Equity	13,8 M €	+0.5%	13,7 M €	+14.5%	12 M €	-1.3%	12,1 M €	+18.9%	10,2 M €	+3.5%	9,8 M €	-35.0%	15,2 M €	+2.7%	14,8 M €	+24.9%	11,8 M €	+3.5%	11,4 M €	-0.2%	11,4 M €	-1.3%	11,6 M €	+88.6%	6,1 M €	+33.6%	4,6 M €	+8.1%	4,3 M €	+86.9%	2,3 M €	+47.8%	1,5 M €	+44.6%	1,1 M €
Total assets	14 M €	+0.3%	14 M €	+9.6%	12,8 M €	+2.5%	12,5 M €	+16.5%	10,7 M €	+1.8%	10,5 M €	-33.9%	15,9 M €	+2.5%	15,5 M €	+19.4%	13 M €	+3.1%	12,6 M €	-2.3%	12,9 M €	+8.3%	11,9 M €	+42.2%	8,4 M €	+3.3%	8,1 M €	+8.0%	7,5 M €	+57.4%	4,8 M €	+94.9%	2,4 M €	+11.4%	2,2 M €
Cash	168,8 k €	-47.5%	321,4 k €	+238%	95 k €	-96.0%	2,4 M €	+2153%	104,7 k €	-70.9%	359,5 k €	-67.0%	1,1 M €	+298%	274,1 k €	-45.1%	499 k €	+91.0%	261,3 k €	+10.5%	236,5 k €	+64.4%	143,9 k €	-40.1%	240,1 k €	+172%	88,2 k €	-79.6%	432,4 k €	-73.7%	1,6 M €	+7696%	21,1 k €	-85.2%	142,5 k €
Debts	271,3 k €	-11.5%	306,5 k €	-62.3%	812,2 k €	+138%	340,8 k €	-32.2%	503 k €	-23.3%	655,7 k €	-7.1%	706 k €	+0.7%	701,2 k €	-38.2%	1,1 M €	-0.5%	1,1 M €	-19.1%	1,4 M €	+386%	289,9 k €	-86.8%	2,2 M €	-36.9%	3,5 M €	+7.5%	3,2 M €	+38.1%	2,3 M €	+159%	903,8 k €	-20.0%	1,1 M €

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 30/09/2025 · 2 active · 2 ended

Active mandates

Ann Desiere

Director · since 01 juillet 2020

Active

Johan Gitsels

Director

Active

Ended mandates

Johan Gitsels

Mandate

Ended

Johan Gitsels

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
ANTLO● Active	0725.583.160
BONNY INTERIEUR● Active	0455.812.896
G-KO● Active	0727.618.279
G-TOR● Active	0727.617.487
PROJECT PATHOEKEWEG BRUGGE● Active	0560.834.697

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	30/04/2026	30/04/2025	29/04/2024	02/05/2023	28/04/2022	23/04/2021
General meeting	28/03/2026	12/04/2025	15/04/2024	22/04/2023	22/04/2022	27/03/2021
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	28/03/2026	30/04/2026	Dutch	PDF
Abridged model	30/09/2024	12/04/2025	30/04/2025	Dutch	PDF
Abridged model	30/09/2023	15/04/2024	29/04/2024	Dutch	PDF
Abridged model	30/09/2022	22/04/2023	02/05/2023	Dutch	PDF
Abridged model	30/09/2021	22/04/2022	28/04/2022	Dutch	PDF
Abridged model	30/09/2020	27/03/2021	23/04/2021	Dutch	PDF
Abridged model	30/09/2019	28/03/2020	27/04/2020	Dutch	PDF
Abridged model	30/09/2018	30/03/2019	30/04/2019	Dutch	PDF
Abridged model	30/09/2017	31/03/2018	30/04/2018	Dutch	PDF
Abridged model	30/09/2016	25/03/2017	28/04/2017	Dutch	PDF
Abridged model	30/09/2015	26/03/2016	30/03/2016	Dutch	PDF
Abridged model	30/09/2014	28/03/2015	27/04/2015	Dutch	PDF
Abridged model	30/09/2013	29/03/2014	28/04/2014	Dutch	PDF
Abridged model	30/09/2012	04/05/2013	31/05/2013	Dutch	PDF
Abridged model	30/09/2011	31/03/2012	02/04/2012	Dutch	PDF
Abridged model	30/09/2010	28/05/2011	15/06/2011	Dutch	PDF
Abridged model	30/09/2009	27/03/2010	30/04/2010	Dutch	PDF
Abridged model	30/09/2008	28/03/2009	15/04/2009	Dutch	PDF
Abridged model	30/09/2007	29/03/2008	31/03/2008	Dutch	PDF
Abridged model	30/09/2006	31/03/2007	23/04/2007	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 30/09/2025 · 2 active · 2 ended

Active mandates

Ann Desiere

Director · since 01 juillet 2020

Active

Johan Gitsels

Director

Active

Ended mandates

Johan Gitsels

Mandate

Ended

Johan Gitsels

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates06/10/2020
ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
PDF
Restructuring11/06/2019
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring29/03/2019
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Other15/03/2012
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares21/10/2010
DOEL - KAPITAAL - AANDELEN
PDF
Capital / shares07/10/2010
KAPITAAL - AANDELEN
PDF
Capital / shares04/07/2008
KAPITAAL - AANDELEN
PDF
Capital / shares11/04/2006
KAPITAAL - AANDELEN - ALGEMENE VERGADERING - 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

2025
Annual accounts 2025172,9 k €↓
2024
Annual accounts 20241,8 M €↑
2023
Annual accounts 2023196,6 k €↓
2022
Annual accounts 20221,9 M €↑
2021
Annual accounts 2021340,8 k €↑
2020
Annual accounts 2020270,5 k €↓
2018
Annual accounts 2018394,7 k €↓
2017
Annual accounts 2017722,2 k €↑
2015
Annual accounts 2015401,6 k €↑
2014
Annual accounts 2014-27,8 k €↑
2013
Annual accounts 2013-148,1 k €↓
2012
Annual accounts 20125,4 M €↑
2011
Annual accounts 20111,6 M €↑
2010
Annual accounts 2010597,9 k €↓
2009
Annual accounts 20092 M €↑
2008
Annual accounts 2008665,5 k €↑
2007
Annual accounts 2007475,1 k €↓
2006
Annual accounts 2006512,5 k €
22/11/1996
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

G-TEC

Overview

What does G-TEC 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