NORMAL SITUATION

GLAX

Company — Normal situation.

Financial year 2024 · Closed on 31/12/2024

Net result803,7 k €+72,1 %over 1 year
Revenue19,8 M €-13,0 %over 1 year
Equity4,7 M €+20,8 %over 1 year
Workforce571,8 ETP-15,6 %over 1 year

Identity

Source · BCE/KBO

GLAX is a company registered in Belgium. It employs on average 571,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0467.264.242
Legal form
Public limited company
Contributed capital
1 811 973,38 €
Latest accounts
31/12/2024
Average workforce
571,8 ETP
Joint committees (5)
  • 100
  • 200
  • 218
  • 322
  • 32201
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 25 filings

Trend over 18 financial years

20242023202220212020
Income statement
Revenue19,8 M €22,7 M €19,5 M €19,2 M €16,2 M €
EBITDA991,7 k €294,3 k €-883 k €278,6 k €45,1 k €
Operating result951,4 k €486,3 k €-1,1 M €171,1 k €192,2 k €
Net result803,7 k €467,1 k €-1,1 M €136,3 k €165,6 k €
Balance sheet
Equity4,7 M €3,9 M €3,4 M €4,5 M €4,4 M €
Total assets8 M €7,1 M €6,7 M €6,8 M €8 M €
Cash1,7 M €3,5 M €4 M €4,1 M €5,9 M €
Debts3,3 M €3,2 M €3,3 M €2,3 M €3,5 M €
Other
Workforce571,8 ETP677,7 ETP643,4 ETP629,0 ETP659,7 ETP

Board of directors

Source · NBB, accounts to 31/12/2024

3 active · 55 ended

Active mandates

Dirk Schockaert

Director · since 19 octobre 2020 · until 29 juin 2026

Active
Expert Center Daenens

Director · since 29 juin 2020 · until 29 juin 2026 · 0745.668.692

Represented by Peter Theuwis

Active
Group Fimmus

Director · since 29 juin 2020 · until 29 juin 2026 · 0640.997.774

Represented by Joris Voets

Active

Ended mandates

Fons Daenens

Director · since 29 juin 2020 · until 29 juin 2026

Ended
Fons Daenens

Director · since 21 décembre 2018 · until 29 juin 2020

Ended
Fons Daenens

Director · since 21 décembre 2018 · until 19 octobre 2020

Ended
Fons DAENENS

Director · since 21 décembre 2018 · until 18 mai 2024

Ended

Full financial information

Source · NBB
202420232022202120202019
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date24/07/202525/07/202430/08/202318/07/202223/07/202129/07/2020
General meeting30/06/202528/06/202430/06/202330/06/202225/06/202124/07/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 25 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202430/06/202524/07/2025DutchPDF
Full model31/12/202328/06/202425/07/2024DutchPDF
Full model31/12/202230/06/202330/08/2023DutchPDF
Full model31/12/202130/06/202218/07/2022DutchPDF
Full model31/12/202025/06/202123/07/2021DutchPDF
Full model31/12/201924/07/202029/07/2020DutchPDF
Full model31/12/201827/06/201909/07/2019DutchPDF
Full model31/12/201716/05/201804/06/2018DutchPDF
Full model31/12/201617/05/201706/06/2017DutchPDF
Full model31/12/201518/05/201609/06/2016DutchPDF
Full model31/12/201420/05/201505/06/2015DutchPDF
Full model31/12/201327/05/201405/06/2014DutchPDF
Full model31/12/201215/05/201311/06/2013DutchPDF
Full model31/12/201116/05/201223/05/2012DutchPDF
Full model31/12/201018/05/201110/06/2011DutchPDF
Full model31/12/200919/05/201011/08/2010DutchPDF
Full model31/12/200820/05/200926/06/2009DutchPDF
Full model31/12/200730/05/200803/07/2008DutchPDF
Full model31/12/200631/05/200726/06/2007DutchPDF
Full model31/12/200526/05/200623/06/2006DutchPDF
Full model31/12/200410/06/200530/06/2005DutchPDF
Full model31/12/200325/06/200423/07/2004DutchPDF
Full model31/12/200230/06/200330/07/2003DutchPDF
Full model31/12/200131/05/200226/07/2002DutchPDF
Full model31/12/200025/05/200111/10/2001DutchPDF

Indicative valuation

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 31/12/2024

3 active · 55 ended

Active mandates

Dirk Schockaert

Director · since 19 octobre 2020 · until 29 juin 2026

Active
Expert Center Daenens

Director · since 29 juin 2020 · until 29 juin 2026 · 0745.668.692

Represented by Peter Theuwis

Active
Group Fimmus

Director · since 29 juin 2020 · until 29 juin 2026 · 0640.997.774

Represented by Joris Voets

Active

Ended mandates

Fons Daenens

Director · since 29 juin 2020 · until 29 juin 2026

Ended
Fons Daenens

Director · since 21 décembre 2018 · until 29 juin 2020

Ended
Fons Daenens

Director · since 21 décembre 2018 · until 19 octobre 2020

Ended
Fons DAENENS

Director · since 21 décembre 2018 · until 18 mai 2024

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates23/07/2025
    Bekrachtiging : Benoeming commissaris en wijziging van de vaste
    PDF
  • Restructuring21/01/2025
    met fusie door overneming gelijkgestelde verrichting (overgenomen
    PDF
  • Mandates25/11/2024
    Ontslag en benoeming bestuurders.
    PDF
  • Restructuring25/11/2024
    Neerlegging fusievoorstel in verband met de met fusie door overneming
    PDF
  • Mandates08/05/2024
    Benoeming commissaris
    PDF
  • Mandates01/12/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/11/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/09/2020
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2024
    Annual accounts 2024803,7 k €↑
  2. 2023
    Annual accounts 2023467,1 k €↑
  3. 2022
    Annual accounts 2022-1,1 M €↓
  4. 2021
    Annual accounts 2021136,3 k €↓
  5. 2020
    Annual accounts 2020165,6 k €↓
  6. 2019
    Annual accounts 2019186,1 k €↓
  7. 2018
    Annual accounts 2018219,5 k €↓
  8. 2017
    Annual accounts 2017258,3 k €↓
  9. 2016
    Annual accounts 2016911,6 k €↑
  10. 2015
    Annual accounts 2015770 k €↑
  11. 2014
    Annual accounts 2014505,6 k €↑
  12. 2013
    Annual accounts 2013-38,8 k €↓
  13. 2012
    Annual accounts 201286,4 k €↓
  14. 2011
    Annual accounts 2011410,3 k €↓
  15. 2010
    Annual accounts 2010769,2 k €↑
  16. 2009
    Annual accounts 200940,1 k €↑
  17. 2008
    Annual accounts 2008-219,6 €↑
  18. 2007
    Annual accounts 2007-74,1 k €