ACTIVE

G-TIME

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Financial year 2025 · closed on 31/03/2025

Net result

28,8 k €

+702.2% YoY

Gross margin

362,3 k €

+94.9% YoY

Equity

197 k €

+17.1% YoY

Workforce

1,0 ETP

-33.3% YoY

What does G-TIME do?

G-TIME is a Private limited company incorporated in 2002. Its main activity is: Wholesale of watches and jewellery. Its registered office is in Auderghem. It employs on average 1,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0478.530.395

Incorporation

10/10/2002

Legal form

Private limited company

Registered office

Avenue Henri de Brouckère 44
1160 Auderghem · BruxellesSee on map

Contributed capital

137 500,00 €

Latest accounts

31/03/2025

Average workforce

1,0 ETP

Activities (NACE)

46480Wholesale of watches and jewellery· main 46480Wholesale of watches and jewellery 51474Air transport

Joint committees (1)

Contacts

2 public details availableLog in to view

Signals

ProfitableGood liquidityPositive cashflowPositive EBITDA

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	362,3 k €	+94.9%	185,9 k €	-2.4%	190,4 k €	-35.5%	295,2 k €	+51.2%	195,3 k €	+11.3%	175,5 k €	-23.8%	230,2 k €	+31.9%	174,6 k €	-32.9%	260,3 k €	-2.2%	266 k €	+158%	103 k €	+41.7%	72,7 k €	+64.7%	44,2 k €	-16.7%	53 k €	+68.4%	31,5 k €	-46.3%	58,7 k €	+407%	11,6 k €	-64.7%	32,8 k €	+159%	12,7 k €
EBITDA	301,7 k €	+186%	105,4 k €	+9.2%	96,5 k €	-35.5%	149,7 k €	+24.6%	120,2 k €	+134%	51,3 k €	-39.2%	84,5 k €	+269%	-50,1 k €	-149%	102,5 k €	-38.5%	166,6 k €	+122%	75,1 k €	+19.9%	62,6 k €	+188%	21,7 k €	+144%	-49 k €	-259%	30,8 k €	-47.2%	58,2 k €	+423%	11,1 k €	-65.5%	32,3 k €	+171%	11,9 k €
Operating result	285,3 k €	+209%	92,3 k €	+12.1%	82,3 k €	-35.0%	126,6 k €	+32.9%	95,3 k €	+437%	17,7 k €	-52.8%	37,6 k €	+140%	-95,1 k €	-240%	68 k €	-53.5%	146,3 k €	+115%	68,1 k €	+30.5%	52,2 k €	+358%	11,4 k €	+118%	-64,6 k €	-8386%	779 €	-95.1%	15,9 k €	+45.3%	11 k €	-65.8%	32 k €	+220%	10 k €
Net result	28,8 k €	+702%	3,6 k €	+20.5%	3 k €	-90.5%	31,3 k €	-28.8%	43,9 k €	+733%	5,3 k €	+10.6%	4,8 k €	+104%	-125,9 k €	-877%	16,2 k €	-77.4%	71,8 k €	+153%	28,3 k €	-20.3%	35,5 k €	+450%	6,5 k €	+109%	-70,3 k €	-2994%	-2,3 k €	-128%	8,1 k €	-2.4%	8,3 k €	-71.8%	29,4 k €	+306%	7,2 k €
Balance sheet
Equity	197 k €	+17.1%	168,2 k €	+2.2%	164,6 k €	+1.8%	161,6 k €	+24.0%	130,3 k €	+50.9%	86,4 k €	+6.5%	81,1 k €	+6.2%	76,3 k €	-62.3%	202,3 k €	+8.7%	186,1 k €	+1200%	14,3 k €	+202%	-14 k €	+71.7%	-49,6 k €	+11.5%	-56 k €	-492%	14,3 k €	-13.7%	16,6 k €	+95.7%	8,5 k €	+4971%	167 €	+101%	-29,2 k €
Total assets	1,8 M €	-1.1%	1,8 M €	+49.6%	1,2 M €	+0.3%	1,2 M €	-12.8%	1,4 M €	-18.9%	1,7 M €	+7.7%	1,6 M €	-26.8%	2,2 M €	-18.8%	2,7 M €	+21.7%	2,2 M €	+159%	851,6 k €	+49.4%	570,1 k €	+15.7%	492,9 k €	+33.2%	370 k €	+6.4%	347,8 k €	-2.8%	357,6 k €	+9.0%	328,1 k €	-4.5%	343,7 k €	+19.4%	287,9 k €
Cash	65 k €	+30.0%	50 k €	+326%	11,7 k €	-73.6%	44,5 k €	-56.9%	103,3 k €	+2.0%	101,3 k €	-10.7%	113,4 k €	-46.3%	211,1 k €	-3.8%	219,3 k €	-11.6%	248 k €	+426%	47,1 k €	+5.3%	44,7 k €	+1144%	3,6 k €	-81.7%	19,6 k €	+0.7%	19,5 k €	+21.0%	16,1 k €	+65.3%	9,7 k €	+63.2%	6 k €	-70.0%	19,9 k €
Debts	1,6 M €	-2.9%	1,7 M €	+57.0%	1,1 M €	+0.1%	1,1 M €	-16.6%	1,3 M €	-22.6%	1,6 M €	+7.8%	1,5 M €	-28.0%	2,1 M €	-15.2%	2,5 M €	+22.8%	2 M €	+141%	837,3 k €	+43.3%	584,1 k €	+7.7%	542,5 k €	+27.3%	426 k €	+27.7%	333,5 k €	-2.2%	341,1 k €	+6.7%	319,7 k €	-7.0%	343,6 k €	+8.3%	317,2 k €
Other
Workforce	1,0 ETP	-33.3%	1,5 ETP	-16.7%	1,8 ETP	-45.5%	3,3 ETP	-2.9%	3,4 ETP	+13.3%	3,0 ETP	-9.1%	3,3 ETP	-19.5%	4,1 ETP	+17.1%	3,5 ETP	+25.0%	2,8 ETP	+180%	1,0 ETP	+900%	0,1 ETP	-50.0%	0,2 ETP	-80.0%	1,0 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 31/03/2025 · 1 active

Active mandates

Patrick GELDER

Manager · since 07 octobre 2002

Active

At this address

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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	01/04/2024	01/04/2023	01/04/2022	01/04/2021	01/04/2020	01/04/2019
Closing of the financial year	31/03/2025	31/03/2024	31/03/2023	31/03/2022	31/03/2021	31/03/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	22/10/2025	30/10/2024	27/10/2023	25/10/2022	26/10/2021	23/10/2020
General meeting	30/09/2025	30/09/2024	01/06/2023	02/06/2022	03/06/2021	04/06/2020
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/03/2025	30/09/2025	22/10/2025	French	PDF
Abridged model	31/03/2024	30/09/2024	30/10/2024	French	PDF
Abridged model	31/03/2023	01/06/2023	27/10/2023	French	PDF
Abridged model	31/03/2022	02/06/2022	25/10/2022	French	PDF
Abridged model	31/03/2021	03/06/2021	26/10/2021	French	PDF
Abridged model	31/03/2020	04/06/2020	23/10/2020	French	PDF
Abridged model	31/03/2019	06/06/2019	25/07/2019	French	PDF
Abridged model	31/03/2018	02/07/2018	17/09/2018	French	PDF
Abridged model	31/03/2017	03/07/2017	24/04/2018	French	PDF
Abridged model	31/03/2016	04/07/2016	23/08/2016	French	PDF
Abridged model	31/03/2015	06/07/2015	18/12/2015	French	PDF
Abridged model	31/03/2014	07/07/2014	15/10/2014	French	PDF
Abridged model	31/03/2013	01/07/2013	26/09/2013	French	PDF
Abridged model	31/03/2012	02/07/2012	11/09/2012	French	PDF
Abridged model	31/03/2011	04/07/2011	17/10/2011	French	PDF
Abridged model	31/03/2010	05/07/2010	23/09/2010	French	PDF
Abridged model	31/03/2009	06/07/2009	29/09/2009	French	PDF
Abridged model	31/03/2008	07/07/2008	23/09/2008	French	PDF
Abridged model	31/03/2007	02/07/2007	21/08/2007	French	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 31/03/2025 · 1 active

Active mandates

Patrick GELDER

Manager · since 07 octobre 2002

Active

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates28/11/2023
MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
PDF
Registered office12/09/2017
SIEGE SOCIAL
PDF
Capital / shares05/01/2016
CAPITAL, ACTIONS
PDF
Registered office02/12/2015
SIEGE SOCIAL
PDF
Registered office31/12/2014
SIEGE SOCIAL
PDF
Registered office02/10/2009
SIEGE SOCIAL
PDF
Mandates12/06/2007
DENOMINATION
PDF
Other17/10/2002
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
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 202528,8 k €↑
2024
Annual accounts 20243,6 k €↑
2023
Annual accounts 20233 k €↓
2022
Annual accounts 202231,3 k €↓
2021
Annual accounts 202143,9 k €↑
2020
Annual accounts 20205,3 k €↑
2019
Annual accounts 20194,8 k €↑
2018
Annual accounts 2018-125,9 k €↓
2017
Annual accounts 201716,2 k €↓
2016
Annual accounts 201671,8 k €↑
2015
Annual accounts 201528,3 k €↓
2014
Annual accounts 201435,5 k €↑
2013
Annual accounts 20136,5 k €↑
2012
Annual accounts 2012-70,3 k €↓
2011
Annual accounts 2011-2,3 k €↓
2010
Annual accounts 20108,1 k €↓
2009
Annual accounts 20098,3 k €↓
2008
Annual accounts 200829,4 k €↑
2007
Annual accounts 20077,2 k €
10/10/2002
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-TIME

Overview

What does G-TIME do?

Trend over 19 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