ACTIVE

GEERT LIPPENS MANAGEMENT

Financial year 2025 · Closed on 31/12/2025

Net result110,8 k €+27,0 %over 1 year

Gross margin400,8 k €-0,4 %over 1 year

Equity1,2 M €+7,9 %over 1 year

Identity

Source · BCE/KBO

GEERT LIPPENS MANAGEMENT is a Public limited company incorporated in 1997. Its main activity is: Development of building projects. Its registered office is in Kruisem.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0460.745.743
Incorporation: 28/05/1997
Legal form: Public limited company
Registered office: Meirestraat(KRU) 13 box B
9770 Kruisem · FlandreSee on map
Contributed capital: 450 000,00 €
Latest accounts: 31/12/2025

Activities (NACE)

41101Development of building projects· main 68121Buying and selling of own real estate 41001Construction of buildings 41102Development of building projects 41201Construction of residential and non-residential buildings 46649Wholesale of machinery for the textile industry and of sewing and knitting machines+6

Joint committees (1)

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDA

Financials

Source · NBB, 21 filings

Trend over 20 financial years

	2025		2024		2023		2023		2022
Income statement
Gross margin	400,8 k €	-0.4%	402,5 k €	+36.6%	294,6 k €	+13.9%	258,6 k €	+9.7%	235,7 k €
EBITDA	386,9 k €	-0.1%	387,2 k €	+38.8%	279,1 k €	+14.1%	244,6 k €	+9.4%	223,6 k €
Operating result	174,5 k €	+33.5%	130,6 k €	+37.8%	94,8 k €	+373%	20 k €	-58.4%	48,2 k €
Net result	110,8 k €	+27.0%	87,2 k €	+7.1%	81,5 k €	+294%	20,7 k €	-54.6%	45,6 k €
Balance sheet
Equity	1,2 M €	+7.9%	1,1 M €	+3.6%	1 M €	+3.1%	1 M €	-18.4%	1,2 M €
Total assets	2,3 M €	+4.1%	2,2 M €	-1.6%	2,3 M €	+17.6%	1,9 M €	+10.2%	1,7 M €
Cash	30,7 k €	+189%	10,6 k €	-92.1%	134,4 k €	+168%	50,1 k €	-37.3%	79,9 k €
Debts	1,1 M €	+0.4%	1,1 M €	-6.1%	1,2 M €	+33.9%	902,2 k €	+87.1%	482,3 k €
Other
Workforce	–		–		–		0,2 ETP	0.0%	0,2 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 16 ended

Active mandates

GLVDK

Director · 0832.158.743

Represented by Geert Lippens

Active

Ended mandates

Els Vandekerckhove

Managing director · since 11 juin 2019 · until 12 mai 2025

Ended

GLVDK

Director · since 11 juin 2019 · until 12 mai 2025 · 0832.158.743

Represented by Geert Lippens

Ended

Els Vandekerckhove

Director · since 13 mai 2019 · until 12 mai 2025

Ended

GLVDK

Managing director · since 13 mai 2019 · until 12 mai 2025 · 0832.158.743

Represented by Els Vandekerckhove

Ended

Other companies at this address

Meirestraat(KRU) 13 9770 Kruisem

Company	CBE no.
BEDRIJVENVERENIGING ZULTE-KRUISHOUTEM● Active	0886.661.756
GLK Grondwerken● Active	0461.528.869

Full financial information

Source · NBB

	2025	2024	2023	2023	2022	2021
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	01/04/2023	01/04/2022	01/04/2021	01/04/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/03/2023	31/03/2022	31/03/2021
Length of the financial year	12 months	12 months	9 months	12 months	12 months	12 months
Filing date	09/07/2026	17/07/2025	04/07/2024	21/09/2023	29/09/2022	29/10/2021
General meeting	29/06/2026	30/06/2025	24/06/2024	11/09/2023	09/05/2022	10/05/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 21 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	29/06/2026	09/07/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	17/07/2025	Dutch	PDF
Abridged model	31/12/2023	24/06/2024	04/07/2024	Dutch	PDF
Abridged model	31/03/2023	11/09/2023	21/09/2023	Dutch	PDF
Abridged model	31/03/2022	09/05/2022	29/09/2022	Dutch	PDF
Abridged model	31/03/2021	10/05/2021	29/10/2021	Dutch	PDF
Abridged model	31/03/2020	11/05/2020	10/09/2020	Dutch	PDF
Abridged model	31/03/2019	11/06/2019	04/07/2019	Dutch	PDF
Abridged model	31/03/2018	14/05/2018	27/09/2018	Dutch	PDF
Abridged model	31/03/2017	12/05/2017	18/05/2017	Dutch	PDF
Abridged model	31/03/2016	09/05/2016	06/06/2016	Dutch	PDF
Abridged model	31/03/2015	11/05/2015	01/07/2015	Dutch	PDF
Abridged model	31/03/2014	12/05/2014	02/10/2014	Dutch	PDF
Abridged model	31/03/2013	13/05/2013	19/09/2013	Dutch	PDF
Abridged model	31/03/2012	25/06/2012	05/07/2012	Dutch	PDF
Abridged model	31/03/2011	09/05/2011	01/06/2011	Dutch	PDF
Abridged modelCorrection	31/03/2010	10/09/2010	14/01/2011	Dutch	PDF
Abridged model	31/03/2010	10/09/2010	30/09/2010	Dutch	PDF
Abridged model	31/03/2009	26/06/2009	02/07/2009	Dutch	PDF
Abridged model	31/03/2008	29/09/2008	24/10/2008	Dutch	PDF
Abridged model	31/03/2007	17/05/2007	08/06/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 16 ended

Active mandates

GLVDK

Director · 0832.158.743

Represented by Geert Lippens

Active

Ended mandates

Els Vandekerckhove

Managing director · since 11 juin 2019 · until 12 mai 2025

Ended

GLVDK

Director · since 11 juin 2019 · until 12 mai 2025 · 0832.158.743

Represented by Geert Lippens

Ended

Els Vandekerckhove

Director · since 13 mai 2019 · until 12 mai 2025

Ended

GLVDK

Managing director · since 13 mai 2019 · until 12 mai 2025 · 0832.158.743

Represented by Els Vandekerckhove

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates28/11/2023
ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
PDF
Mandates19/07/2019
ONTSLAGEN - BENOEMINGEN
PDF
Registered office05/12/2018
MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares26/01/2015
KAPITAAL - AANDELEN
PDF
Mandates02/10/2013
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/12/2007
ONTSLAGEN - BENOEMINGEN
PDF

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A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

2025
Annual accounts 2025110,8 k €↑
2024
Annual accounts 202487,2 k €↑
2023
Annual accounts 202381,5 k €↑
2023
Annual accounts 202320,7 k €↓
2022
Annual accounts 202245,6 k €↓
2021
Annual accounts 202155,4 k €↓
2020
Annual accounts 202057,2 k €↓
2019
Annual accounts 2019225,2 k €↑
2018
Annual accounts 201815 k €↓
2017
Annual accounts 201717,5 k €↓
2016
Annual accounts 201652,7 k €↑
2015
Annual accounts 201515,9 k €↓
2014
Annual accounts 201447,2 k €↑
2013
Annual accounts 201333,2 k €↓
2012
Annual accounts 201244,3 k €↓
2011
Annual accounts 201155,9 k €↑
2010
Annual accounts 2010-4,3 k €↓
2009
Annual accounts 200916 k €↓
2008
Annual accounts 200861,4 k €↓
2007
Annual accounts 200761,4 k €
28/05/1997
IncorporationPublic limited company

GEERT LIPPENS MANAGEMENT

Overview

Identity

Financials

Valuation

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

Timeline