ACTIVE

GERHANKO

Financial year 2025 · closed on 31/12/2025
Net result
3,3 M €
+26.2% YoY
Gross margin
6,7 M €
+22.3% YoY
Equity
3,4 M €
+163.7% YoY
Workforce
38,6 ETP
+15.2% YoY

What does GERHANKO do?

GERHANKO is a Private limited company incorporated in 2002. Its main activity is: Legal activities. Its registered office is in Kortrijk. It employs on average 38,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0479.203.556
Incorporation
31/12/2002
Legal form
Private limited company
Registered office
Engelse Wandeling(Kor) 2 box K05G
8500 Kortrijk · FlandreSee on map
Contributed capital
36 900,00 €
Latest accounts
31/12/2025
Average workforce
38,6 ETP
Joint committees (4)
  • 100
  • 200
  • 336
  • 33600
Contacts
2 public details availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 7 financial years

2025202420232022202120182006
Income statement
Gross margin6,7 M €5,5 M €5 M €4,6 M €3,1 M €4,5 M €3,4 M €
EBITDA4,6 M €3,7 M €3,3 M €3,1 M €1,9 M €2,8 M €2,2 M €
Operating result4,5 M €3,5 M €3,3 M €3 M €1,8 M €2,8 M €2,1 M €
Net result3,3 M €2,6 M €2,5 M €2,3 M €1,4 M €1,9 M €1,4 M €
Balance sheet
Equity3,4 M €1,3 M €1,4 M €2,3 M €1,9 M €1,3 M €432,8 k €
Total assets6,5 M €4,6 M €4,2 M €4,4 M €3 M €3,7 M €2 M €
Cash3,6 M €2,3 M €2,1 M €2,4 M €1,5 M €1,9 M €1,6 M €
Debts3,1 M €3,4 M €2,8 M €2,1 M €1 M €2,4 M €1,5 M €
Other
Workforce38,6 ETP33,5 ETP33,5 ETP29,5 ETP25,5 ETP32,4 ETP25,8 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 42 ended

Active mandates

Frank Desmet

Director · since 29 décembre 2023 · until 30 avril 2026

Active
Geert Ingelaere

Director · since 29 décembre 2023 · until 30 avril 2026

Active
Hilde Vanhalst

Director · since 29 décembre 2023 · until 30 avril 2026

Active

Ended mandates

GDW M. HONORE

Director · since 01 janvier 2022 · 0778.466.867

Represented by Honoré MAARTEN

Ended
FEVius

Managing director · since 05 janvier 2016 · 0644.674.668

Represented by Picquart FRANK

Ended
GDW. J. PHLYPO

Managing director · since 05 janvier 2016 · 0644.878.665

Represented by Phlypo JAN

Ended
Geremi

Managing director · since 05 janvier 2016 · 0644.879.061

Represented by Indekeu MICHEL

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date05/05/202625/04/202507/05/202415/05/202317/05/202205/05/2021
General meeting20/04/202614/04/202522/04/202420/04/202327/04/202226/04/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

21 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202520/04/202605/05/2026DutchPDF
Abridged model31/12/202414/04/202525/04/2025DutchPDF
Abridged model31/12/202322/04/202407/05/2024DutchPDF
Abridged model31/12/202220/04/202315/05/2023DutchPDF
Abridged model31/12/202127/04/202217/05/2022DutchPDF
Abridged model31/12/202026/04/202105/05/2021DutchPDF
Abridged model31/12/201911/05/202019/05/2020DutchPDF
Abridged model31/12/201808/04/201929/05/2019DutchPDF
Abridged model31/12/201716/04/201802/05/2018DutchPDF
Abridged model31/12/201620/04/201721/06/2017DutchPDF
Abridged model31/12/201521/03/201620/04/2016DutchPDF
Abridged model31/12/201420/04/201504/06/2015DutchPDF
Abridged model31/12/201314/04/201405/06/2014DutchPDF
Abridged model31/12/201217/04/201320/08/2013DutchPDF
Abridged model31/12/201120/08/201223/08/2012DutchPDF
Abridged model31/12/201026/04/201117/06/2011DutchPDF
Abridged modelCorrection31/12/200927/04/201011/06/2010DutchPDF
Abridged model31/12/200927/04/201012/05/2010DutchPDF
Abridged model31/12/200822/04/200905/06/2009DutchPDF
Abridged model31/12/200728/04/200819/05/2008DutchPDF
Abridged model31/12/200616/05/200711/06/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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 · 3 active · 42 ended

Active mandates

Frank Desmet

Director · since 29 décembre 2023 · until 30 avril 2026

Active
Geert Ingelaere

Director · since 29 décembre 2023 · until 30 avril 2026

Active
Hilde Vanhalst

Director · since 29 décembre 2023 · until 30 avril 2026

Active

Ended mandates

GDW M. HONORE

Director · since 01 janvier 2022 · 0778.466.867

Represented by Honoré MAARTEN

Ended
FEVius

Managing director · since 05 janvier 2016 · 0644.674.668

Represented by Picquart FRANK

Ended
GDW. J. PHLYPO

Managing director · since 05 janvier 2016 · 0644.878.665

Represented by Phlypo JAN

Ended
Geremi

Managing director · since 05 janvier 2016 · 0644.879.061

Represented by Indekeu MICHEL

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates09/06/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office27/02/2025
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Capital / shares13/02/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Other10/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates03/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Mandates07/01/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/01/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other26/01/2018
    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

Timeline

  1. 2025
    Annual accounts 20253,3 M €
  2. 2024
    Annual accounts 20242,6 M €
  3. 2023
    Annual accounts 20232,5 M €
  4. 2022
    Annual accounts 20222,3 M €
  5. 2021
    Annual accounts 20211,4 M €
  6. 2018
    Annual accounts 20181,9 M €
  7. 2006
    Annual accounts 20061,4 M €
  8. 31/12/2002
    IncorporationPrivate limited company