GERMARE
0507.676.323 · rovalta.com · 22/09/2026
ACTIVE
GERMARE
Financial year 2025 · closed on 31/12/2025
Net result
301,4 k €
+39.3% YoY
Gross margin
723,7 k €
+55.5% YoY
Equity
964,4 k €
+29.2% YoY
Workforce
5,1 ETP
+13.3% YoY
Overview
What does GERMARE do?
GERMARE is a Private limited company incorporated in 2014. Its main activity is: Legal activities. Its registered office is in Oostende. It employs on average 5,1 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0507.676.323
Incorporation
23/12/2014
Legal form
Private limited company
Registered office
Torhoutsesteenweg 88A
8400 Oostende · FlandreSee on map
8400 Oostende · FlandreSee on map
Contributed capital
20 000,00 €
Latest accounts
31/12/2025
Average workforce
5,1 ETP
Activities (NACE)
Joint committees (2)
- 336
- 3360
Contacts
2 public details availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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Financials
Trend over 11 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||
| Gross margin | 723,7 k € | +55.5% | 465,4 k € | -49.0% | 912,2 k € | +25.0% | 729,9 k € | +71.3% | 426,2 k € | +2.2% | 417 k € | -14.9% | 489,9 k € | +22.6% | 399,5 k € | +70.5% | 234,3 k € | -4.1% | 244,2 k € | +149% | 97,9 k € |
| EBITDA | 457,3 k € | +94.2% | 235,5 k € | -64.3% | 659,2 k € | +30.3% | 505,9 k € | +186% | 177,1 k € | +5.5% | 167,9 k € | -48.1% | 323,6 k € | +36.8% | 236,6 k € | +181% | 84,3 k € | +15.0% | 73,3 k € | +160% | -123 k € |
| Operating result | 450,3 k € | +101% | 223,5 k € | -64.3% | 626,8 k € | +38.2% | 453,5 k € | +264% | 124,6 k € | -11.4% | 140,7 k € | -55.6% | 316,7 k € | +38.0% | 229,5 k € | +202% | 75,9 k € | +12.2% | 67,6 k € | +153% | -128,8 k € |
| Net result | 301,4 k € | +39.3% | 216,4 k € | -55.9% | 490,7 k € | +46.8% | 334,2 k € | +314% | 80,6 k € | -17.5% | 97,7 k € | -56.8% | 226,3 k € | +52.5% | 148,4 k € | +124% | 66,2 k € | +0.3% | 66,1 k € | +151% | -130,7 k € |
| Balance sheet | |||||||||||||||||||||
| Equity | 964,4 k € | +29.2% | 746,3 k € | -4.0% | 777,2 k € | +59.8% | 486,5 k € | +66.5% | 292,2 k € | +38.1% | 211,6 k € | +85.8% | 113,9 k € | +1.1% | 112,6 k € | +690% | 14,3 k € | +132% | -44,6 k € | +59.7% | -110,7 k € |
| Total assets | 2,2 M € | +66.9% | 1,3 M € | -4.3% | 1,4 M € | +14.0% | 1,2 M € | +11.3% | 1,1 M € | -14.2% | 1,2 M € | +47.4% | 845,2 k € | +12.4% | 752,1 k € | -8.2% | 819,6 k € | +21.1% | 676,9 k € | +30.4% | 519,2 k € |
| Cash | 1,5 M € | +61.1% | 954 k € | +53.7% | 620,8 k € | +25.5% | 494,5 k € | +388% | 101,4 k € | -48.4% | 196,5 k € | +18.4% | 165,9 k € | -3.1% | 171,2 k € | -52.9% | 363,1 k € | +43.7% | 252,7 k € | +22.2% | 206,7 k € |
| Debts | 1,2 M € | +115% | 552 k € | -4.8% | 579,7 k € | -17.4% | 702 k € | -9.4% | 775,2 k € | -24.8% | 1 M € | +41.3% | 729,7 k € | +14.3% | 638,3 k € | -20.7% | 804,7 k € | +11.5% | 721,5 k € | +14.6% | 629,8 k € |
| Other | |||||||||||||||||||||
| Workforce | 5,1 ETP | +13.3% | 4,5 ETP | -10.0% | 5,0 ETP | 0.0% | 5,0 ETP | 0.0% | 5,0 ETP | -5.7% | 5,3 ETP | +60.6% | 3,3 ETP | 0.0% | 3,3 ETP | +10.0% | 3,0 ETP | -6.3% | 3,2 ETP | -13.5% | 3,7 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 2,5 M€ and 5 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 3 active · 35 ended
Active mandates
Ended mandates
At this address
Other companies at this address
| Company | CBE no. |
|---|---|
Petit Paris Oostende● Active | 1039.399.342 |
Financials
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 | 30/04/2026 | 19/03/2025 | 20/03/2024 | 26/05/2023 | 03/06/2022 | 23/07/2021 |
| General meeting | 17/04/2026 | 19/03/2025 | 19/03/2024 | 26/05/2023 | 31/05/2022 | 30/06/2021 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
12 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 17/04/2026 | 30/04/2026 | Dutch | |
| Abridged model | 31/12/2024 | 19/03/2025 | 19/03/2025 | Dutch | |
| Abridged model | 31/12/2023 | 19/03/2024 | 20/03/2024 | Dutch | |
| Abridged model | 31/12/2022 | 26/05/2023 | 26/05/2023 | Dutch | |
| Abridged model | 31/12/2021 | 31/05/2022 | 03/06/2022 | Dutch | |
| Abridged model | 31/12/2020 | 30/06/2021 | 23/07/2021 | Dutch | |
| Abridged model | 31/12/2019 | 30/06/2020 | 10/07/2020 | Dutch | |
| Abridged model | 31/12/2018 | 31/05/2019 | 18/06/2019 | Dutch | |
| Abridged model | 31/12/2017 | 25/05/2018 | 30/08/2018 | Dutch | |
| Abridged model | 31/12/2016 | 26/05/2017 | 20/07/2017 | Dutch | |
| Abridged modelCorrection | 31/12/2015 | 31/01/2017 | 12/02/2017 | Dutch | |
| Abridged model | 31/12/2015 | 30/08/2016 | 31/08/2016 | Dutch |
Valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 3 active · 35 ended
Active mandates
Ended mandates
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Registered office10/09/2026ZETEL
- Mandates22/01/2026ONTSLAGEN - BENOEMINGEN
- Mandates09/09/2025ONTSLAGEN - BENOEMINGEN
- Mandates13/12/2022ONTSLAGEN - BENOEMINGEN
- Mandates27/06/2022ONTSLAGEN - BENOEMINGEN
- Other13/04/2021STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
- Mandates14/12/2020MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
- Mandates07/11/2019ONTSLAGEN - BENOEMINGEN
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025301,4 k €↑
- 2024Annual accounts 2024216,4 k €↓
- 2023Annual accounts 2023490,7 k €↑
- 2022Annual accounts 2022334,2 k €↑
- 2021Annual accounts 202180,6 k €↓
- 2020Annual accounts 202097,7 k €↓
- 2019Annual accounts 2019226,3 k €↑
- 2018Annual accounts 2018148,4 k €↑
- 2017Annual accounts 201766,2 k €↑
- 2016Annual accounts 201666,1 k €↑
- 2015Annual accounts 2015-130,7 k €
- 23/12/2014IncorporationPrivate limited company