ACTIVE

GICA

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Financial year 2025 · closed on 31/12/2025

Net result

-305,2 k €

-213.7% YoY

Gross margin

272,4 k €

-40.4% YoY

Equity

8,8 M €

-3.3% YoY

Workforce

1,0 ETP

0.0% YoY

What does GICA do?

GICA is a Private limited company incorporated in 2000. Its main activity is: Management consultancy activities. Its registered office is in Hamme (Vl.). It employs on average 1,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0471.852.837

Incorporation

11/05/2000

Legal form

Private limited company

Registered office

Theet 53
9220 Hamme (Vl.) · FlandreSee on map

Contributed capital

3 042 740,45 €

Latest accounts

31/12/2025

Average workforce

1,0 ETP

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 73200Market research and public opinion polling 73200Market research and public opinion polling 74142Specialised design activities

Joint committees (1)

Signals

Solid equityLow riskGood liquidityPositive EBITDAHealthy social debts

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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	272,4 k €	-40.4%	457,2 k €	+50.8%	303,3 k €	-33.4%	455,1 k €	+24.4%	365,8 k €	-0.4%	367,2 k €	+2.3%	358,9 k €	-8.8%	393,7 k €	+2.2%	385,2 k €	+182%	136,6 k €	+300%	34,2 k €	-93.3%	509,5 k €	-58.7%	1,2 M €	+16.3%	1,1 M €	+49.8%	707,3 k €	+51.2%	467,8 k €	-11.9%	530,7 k €	+200%	176,9 k €	-54.5%	388,4 k €	+823%	42,1 k €
EBITDA	89,2 k €	-77.8%	402,9 k €	+61.6%	249,3 k €	-39.5%	412 k €	+27.8%	322,2 k €	-9.0%	354,3 k €	+16.4%	304,2 k €	-17.7%	369,6 k €	+1.1%	365,7 k €	+222%	113,7 k €	+514%	18,5 k €	-92.3%	240,5 k €	-68.7%	768,5 k €	+30.8%	587,6 k €	+64.8%	356,6 k €	+65.4%	215,6 k €	+118%	98,7 k €	-43.2%	173,8 k €	-54.9%	385,3 k €	+874%	39,6 k €
Operating result	-16,4 k €	-106%	280,3 k €	+54.6%	181,3 k €	-44.5%	326,5 k €	+32.5%	246,4 k €	-5.4%	260,5 k €	+35.2%	192,8 k €	-23.1%	250,5 k €	-6.6%	268,3 k €	+1262%	19,7 k €	+132%	-62,2 k €	-141%	151,5 k €	-78.5%	706 k €	+31.4%	537,2 k €	+64.5%	326,7 k €	+70.1%	192,1 k €	+138%	80,6 k €	-49.8%	160,5 k €	-57.0%	373,1 k €	+1149%	29,9 k €
Net result	-305,2 k €	-214%	268,5 k €	+324%	-119,6 k €	-257%	76,2 k €	+57.3%	48,4 k €	-30.1%	69,2 k €	+281%	-38,2 k €	-342%	15,8 k €	-49.5%	31,3 k €	+9.8%	28,5 k €	+147%	-60,7 k €	-101%	4,6 M €	+1035%	403,9 k €	+40.3%	287,9 k €	+81.8%	158,4 k €	+175%	57,5 k €	+751%	-8,8 k €	-115%	57,8 k €	-81.6%	313,8 k €	+9763%	3,2 k €
Balance sheet
Equity	8,8 M €	-3.3%	9,2 M €	+3.0%	8,9 M €	-1.3%	9 M €	+0.9%	8,9 M €	+0.5%	8,9 M €	+0.8%	8,8 M €	-0.4%	8,8 M €	+0.2%	8,8 M €	+0.4%	8,8 M €	+0.3%	8,8 M €	-0.7%	8,8 M €	+108%	4,2 M €	+10.5%	3,8 M €	+337%	878,6 k €	+22.0%	720,2 k €	+8.7%	662,7 k €	-1.3%	671,6 k €	+9.4%	613,8 k €	+105%	300 k €
Total assets	14,5 M €	+2.1%	14,2 M €	-3.0%	14,6 M €	-6.8%	15,7 M €	+8.3%	14,5 M €	+1.7%	14,3 M €	+3.5%	13,8 M €	-1.2%	13,9 M €	-1.6%	14,2 M €	-0.8%	14,3 M €	+44.0%	9,9 M €	-1.7%	10,1 M €	+77.8%	5,7 M €	+6.1%	5,3 M €	+126%	2,4 M €	+9.5%	2,2 M €	+5.2%	2,1 M €	+6.0%	1,9 M €	+1.9%	1,9 M €	+41.9%	1,3 M €
Cash	66 k €	+27.8%	51,6 k €	-58.6%	124,7 k €	+753%	14,6 k €	+49.9%	9,8 k €	-97.1%	338,7 k €	+195%	114,9 k €	-37.5%	184 k €	-89.6%	1,8 M €	-6.4%	1,9 M €	-4.9%	2 M €	-62.3%	5,3 M €	+1075%	447,4 k €	-21.7%	571,4 k €	+29.1%	442,5 k €	+576%	65,5 k €	-7.8%	71 k €	-74.0%	273,2 k €	+1040%	24 k €	+672%	3,1 k €
Debts	4,9 M €	+14.5%	4,2 M €	-14.6%	5 M €	-16.2%	5,9 M €	+24.2%	4,8 M €	+4.7%	4,6 M €	+10.7%	4,1 M €	-2.4%	4,2 M €	-4.8%	4,4 M €	-2.6%	4,6 M €	+2031%	214,2 k €	-29.2%	302,7 k €	-33.6%	455,7 k €	-10.4%	508,5 k €	+6.9%	475,9 k €	+12.4%	423,2 k €	+15.2%	367,3 k €	-12.4%	419,2 k €	-0.1%	419,7 k €	+178%	150,9 k €
Other
Workforce	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	-77.8%	4,5 ETP	-33.8%	6,8 ETP	0.0%	6,8 ETP	+1.5%	6,7 ETP	+21.8%	5,5 ETP	+10.0%	5,0 ETP		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 17 ended

Active mandates

Carl Van den Broeck

Director · since 23 décembre 2011

Active

Terry Cosyns

Director · since 23 décembre 2011

Active

Ended mandates

Carl Van Den Broeck

Manager · since 06 janvier 2012

Ended

Terry Cosyns

Manager · since 06 janvier 2012

Ended

Carl Van Den Broeck

Manager · since 23 décembre 2011

Ended

Terry Cosyns

Manager · since 23 décembre 2011

Ended

At this address

Other companies at this address

Company	CBE no.
GICA BOUW● Active	0776.345.735
HAMTIE● Active	0451.803.828
VAN DEN BROECK-COSYNS● Active	0420.267.940
Van Den Broeck - Cosyns VAT Group● Active	0751.546.991

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	31/08/2026	30/09/2025	30/08/2024	31/07/2023	29/07/2022	31/08/2021
General meeting	30/05/2026	31/05/2025	25/05/2024	27/05/2023	28/05/2022	29/05/2021
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

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	30/05/2026	31/08/2026	Dutch	PDF
Abridged model	31/12/2024	31/05/2025	30/09/2025	Dutch	PDF
Abridged model	31/12/2023	25/05/2024	30/08/2024	Dutch	PDF
Abridged model	31/12/2022	27/05/2023	31/07/2023	Dutch	PDF
Abridged model	31/12/2021	28/05/2022	29/07/2022	Dutch	PDF
Abridged model	31/12/2020	29/05/2021	31/08/2021	Dutch	PDF
Abridged model	31/12/2019	31/08/2020	30/10/2020	Dutch	PDF
Abridged model	31/12/2018	25/05/2019	10/10/2019	Dutch	PDF
Abridged model	31/12/2017	26/05/2018	30/09/2018	Dutch	PDF
Abridged model	31/12/2016	31/07/2017	31/08/2017	Dutch	PDF
Abridged model	31/12/2015	24/09/2016	10/11/2016	Dutch	PDF
Abridged model	31/12/2014	30/05/2015	28/08/2015	Dutch	PDF
Abridged model	31/12/2013	31/05/2014	24/07/2014	Dutch	PDF
Abridged model	31/12/2012	25/05/2013	22/07/2013	Dutch	PDF
Abridged model	31/12/2011	30/06/2012	17/07/2012	Dutch	PDF
Abridged model	31/12/2010	30/07/2011	08/08/2011	Dutch	PDF
Abridged model	31/12/2009	30/10/2010	15/11/2010	Dutch	PDF
Abridged model	31/12/2008	28/03/2009	14/10/2009	Dutch	PDF
Abridged model	31/12/2007	29/03/2008	29/08/2008	Dutch	PDF
Abridged model	31/12/2006	31/03/2007	18/09/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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 31/12/2025 · 2 active · 17 ended

Active mandates

Carl Van den Broeck

Director · since 23 décembre 2011

Active

Terry Cosyns

Director · since 23 décembre 2011

Active

Ended mandates

Carl Van Den Broeck

Manager · since 06 janvier 2012

Ended

Terry Cosyns

Manager · since 06 janvier 2012

Ended

Carl Van Den Broeck

Manager · since 23 décembre 2011

Ended

Terry Cosyns

Manager · since 23 décembre 2011

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates30/03/2020
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/08/2016
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares03/01/2013
KAPITAAL - AANDELEN
PDF
Other18/01/2012
WIJZIGING RECHTSVORM - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates21/09/2011
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/06/2006
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 2025-305,2 k €↓
2024
Annual accounts 2024268,5 k €↑
2023
Annual accounts 2023-119,6 k €↓
2022
Annual accounts 202276,2 k €↑
2021
Annual accounts 202148,4 k €↓
2020
Annual accounts 202069,2 k €↑
2019
Annual accounts 2019-38,2 k €↓
2018
Annual accounts 201815,8 k €↓
2017
Annual accounts 201731,3 k €↑
2016
Annual accounts 201628,5 k €↑
2015
Annual accounts 2015-60,7 k €↓
2014
Annual accounts 20144,6 M €↑
2013
Annual accounts 2013403,9 k €↑
2012
Annual accounts 2012287,9 k €↑
2011
Annual accounts 2011158,4 k €↑
2010
Annual accounts 201057,5 k €↑
2009
Annual accounts 2009-8,8 k €↓
2008
Annual accounts 200857,8 k €↓
2007
Annual accounts 2007313,8 k €↑
2006
Annual accounts 20063,2 k €
11/05/2000
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

GICA

Overview

What does GICA 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