ACTIVE

GERCOLEX

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Financial year 2025 · closed on 31/12/2025
Net result
1,5 M €
+238.2% YoY
Gross margin
2,3 M €
+95.7% YoY
Equity
1,2 M €
0.0% YoY
Workforce
9,1 ETP
+7.1% YoY

What does GERCOLEX do?

GERCOLEX is a Private limited company incorporated in 2013. Its main activity is: Legal activities. Its registered office is in Kortrijk. It employs on average 9,1 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0542.565.639
Incorporation
28/11/2013
Legal form
Private limited company
Registered office
President Kennedypark(Kor) 3/d
8500 Kortrijk · FlandreSee on map
Contributed capital
1 138 093,81 €
Latest accounts
31/12/2025
Average workforce
9,1 ETP
Activities (NACE)
69103Legal activities· main69103Legal activities
Joint committees (1)
  • 33600
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 10 financial years

2025202420232022202120192018201720162015
Income statement
Gross margin2,3 M €1,2 M €950 k €901,9 k €960,9 k €1,1 M €261,7 k €242,6 k €112,8 k €70,7 k €
EBITDA1,7 M €620,2 k €313,9 k €336,9 k €376,2 k €459,1 k €87,7 k €114,9 k €82,2 k €63,9 k €
Operating result1,5 M €509,7 k €199,8 k €223,1 k €264,1 k €152,9 k €25,9 k €53,6 k €27,4 k €40,2 k €
Net result1,5 M €437,7 k €139,3 k €162,3 k €199,5 k €115,3 k €13,2 k €33,4 k €19,8 k €35,1 k €
Balance sheet
Equity1,2 M €1,2 M €1,2 M €1,2 M €1,3 M €1,2 M €90,1 k €76,9 k €43,4 k €23,7 k €
Total assets4,5 M €3,1 M €2,7 M €3 M €3,1 M €2,8 M €1 M €484,4 k €348,7 k €173,7 k €
Cash2,2 M €1,3 M €724 k €875,5 k €926,6 k €571,1 k €381,2 k €68,1 k €75,3 k €65,8 k €
Debts3,3 M €1,9 M €1,6 M €1,9 M €1,8 M €1,5 M €936,7 k €407,6 k €305,2 k €150 k €
Other
Workforce9,1 ETP8,5 ETP10,4 ETP9,9 ETP10,8 ETP9,5 ETP––1,4 ETP0,2 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 11 ended

Active mandates

PAUCOLI

Director · since 16 octobre 2023 · 0778.564.263

Represented by Hermes Dochy

Active
VANDERMARLIERE FILIP

Director · since 27 mars 2019 · 0858.395.857

Represented by Filip Vandermarliere

Active
GERPHI

Director · 0541.416.485

Represented by Philippe De Rynck

Active

Ended mandates

AUBEL

Manager · since 28 novembre 2013 · 0885.304.251

Represented by Xavier Foulon

Ended
DIRK HESSELS

Manager · since 28 novembre 2013 · 0501.852.660

Represented by Dirk Hessels

Ended
GERPHI

Manager · since 28 novembre 2013 · 0541.416.485

Represented by Philippe De Rynck

Ended
AUBEL

Manager · 0885.304.251

Represented by Xavier Foulon

Ended
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 date25/03/202616/06/202502/07/202407/06/202314/06/202208/06/2021
General meeting12/03/202603/06/202504/06/202406/06/202307/06/202201/06/2021
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

11 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202512/03/202625/03/2026DutchPDF
Abridged model31/12/202403/06/202516/06/2025DutchPDF
Abridged model31/12/202304/06/202402/07/2024DutchPDF
Abridged model31/12/202206/06/202307/06/2023DutchPDF
Abridged model31/12/202107/06/202214/06/2022DutchPDF
Abridged model31/12/202001/06/202108/06/2021DutchPDF
Abridged model31/12/201901/07/202002/07/2020DutchPDF
Micro model31/03/201804/09/201828/09/2018DutchPDF
Micro model31/03/201730/09/201726/10/2017DutchPDF
Abridged model31/03/201606/09/201630/09/2016DutchPDF
Abridged model31/03/201501/09/201530/09/2015DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 · 11 ended

Active mandates

PAUCOLI

Director · since 16 octobre 2023 · 0778.564.263

Represented by Hermes Dochy

Active
VANDERMARLIERE FILIP

Director · since 27 mars 2019 · 0858.395.857

Represented by Filip Vandermarliere

Active
GERPHI

Director · 0541.416.485

Represented by Philippe De Rynck

Active

Ended mandates

AUBEL

Manager · since 28 novembre 2013 · 0885.304.251

Represented by Xavier Foulon

Ended
DIRK HESSELS

Manager · since 28 novembre 2013 · 0501.852.660

Represented by Dirk Hessels

Ended
GERPHI

Manager · since 28 novembre 2013 · 0541.416.485

Represented by Philippe De Rynck

Ended
AUBEL

Manager · 0885.304.251

Represented by Xavier Foulon

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates21/11/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/05/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/04/2019
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates28/02/2019
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office03/12/2015
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other02/12/2013
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 20251,5 M €↑
  2. 2024
    Annual accounts 2024437,7 k €↑
  3. 2023
    Annual accounts 2023139,3 k €↓
  4. 2022
    Annual accounts 2022162,3 k €↓
  5. 2021
    Annual accounts 2021199,5 k €↑
  6. 2019
    Annual accounts 2019115,3 k €↑
  7. 2018
    Annual accounts 201813,2 k €↓
  8. 2017
    Annual accounts 201733,4 k €↑
  9. 2016
    Annual accounts 201619,8 k €↓
  10. 2015
    Annual accounts 201535,1 k €
  11. 28/11/2013
    IncorporationPrivate limited company