ACTIVE

CBRE GWS Belgium

Financial year 2025 · Closed on 31/12/2025

Net result69 k €+5,7 %over 1 year
Revenue90,8 M €-11,3 %over 1 year
Equity5,5 M €+1,0 %over 1 year
Workforce250,8 ETP-7,1 %over 1 year

Identity

Source · BCE/KBO

CBRE GWS Belgium is a Public limited company incorporated in 2015. Its main activity is: Electrical installation. Its registered office is in Machelen (Brab.). It employs on average 250,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0597.950.461
Incorporation
13/02/2015
Legal form
Public limited company
Registered office
Hermeslaan 9
1831 Machelen (Brab.) · FlandreSee on map
Contributed capital
4 551 559,66 €
Latest accounts
31/12/2025
Average workforce
250,8 ETP
Joint committees (2)
  • 14901
  • 20000
Signals
ProfitablePositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 13 filings

Trend over 9 financial years

20252024202320222021
Income statement
Revenue90,8 M €102,4 M €101,9 M €107,3 M €117,3 M €
EBITDA298,8 k €1,9 M €-4,7 M €3,2 M €-2 M €
Operating result890,3 k €910,9 k €970,5 k €976,5 k €971,6 k €
Net result69 k €65,3 k €363 k €149,6 k €102,2 k €
Balance sheet
Equity5,5 M €5,4 M €5,3 M €5 M €4,8 M €
Total assets49,2 M €41,8 M €40,2 M €51,1 M €46,4 M €
Cash3,6 M €2,6 M €4,9 M €14,9 M €13 M €
Debts41,9 M €32,2 M €34,2 M €39,2 M €37,6 M €
Other
Workforce250,8 ETP269,9 ETP267,2 ETP317,9 ETP332,8 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 31 ended

Active mandates

Gregory Demoor

Persoon belast met dagelijks bestuur · since 01 juin 2026 · until 31 décembre 2028

Active
Jan De Bie

Director · since 05 juin 2025 · until 30 juin 2031

Active
Raf Van Den Bergh

Director · since 30 juin 2021 · until 30 juin 2027

Active

Ended mandates

Peter De Maesschalck

Director · since 09 octobre 2023 · until 30 juin 2029

Ended
Peter DE MAESSCHALCK

Director · since 09 octobre 2023 · until 05 juin 2025

Ended
Matthew Forbes

Director · since 30 juin 2021 · until 30 juin 2027

Ended
Simon O'Neill

Director · since 30 juin 2021 · until 09 octobre 2023

Ended

Other companies at this address

Hermeslaan 9 1831 Machelen (Brab.)
CompanyCBE no.
addData● Active
0771.396.557
ARCHIRENOV● Active
0785.293.885
B-15● Active
0734.885.163
0449.439.701
1023.236.667
0407.184.521
FTA Solutions● Active
1000.877.276
IMMO SECO● Active
0676.461.370
0458.799.508
0542.778.544
0441.797.980
0758.726.674
SECO MANCO● Active
0675.727.041
SECO SURVEY● Active
0861.060.882
0550.927.237
0770.394.190
1015.812.407

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull 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 date30/06/202610/07/202505/07/202414/07/202311/10/202230/06/2021
General meeting29/06/202627/06/202504/07/202410/07/202310/10/202228/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 13 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202529/06/202630/06/2026DutchPDF
Full model31/12/202427/06/202510/07/2025DutchPDF
Full model31/12/202304/07/202405/07/2024DutchPDF
Full model31/12/202210/07/202314/07/2023DutchPDF
Full model31/12/202110/10/202211/10/2022DutchPDF
Full model31/12/202028/06/202130/06/2021DutchPDF
Full model31/12/201918/05/202119/05/2021DutchPDF
Full modelCorrection31/12/201806/07/202005/05/2021DutchPDF
Full model31/12/201806/07/202029/10/2020DutchPDF
Full model31/12/201719/10/201823/10/2018DutchPDF
Full modelCorrection31/12/201602/08/201719/06/2018DutchPDF
Full model31/12/201605/09/201710/10/2017DutchPDF
Full model30/09/201516/12/201612/06/2017DutchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 31 ended

Active mandates

Gregory Demoor

Persoon belast met dagelijks bestuur · since 01 juin 2026 · until 31 décembre 2028

Active
Jan De Bie

Director · since 05 juin 2025 · until 30 juin 2031

Active
Raf Van Den Bergh

Director · since 30 juin 2021 · until 30 juin 2027

Active

Ended mandates

Peter De Maesschalck

Director · since 09 octobre 2023 · until 30 juin 2029

Ended
Peter DE MAESSCHALCK

Director · since 09 octobre 2023 · until 05 juin 2025

Ended
Matthew Forbes

Director · since 30 juin 2021 · until 30 juin 2027

Ended
Simon O'Neill

Director · since 30 juin 2021 · until 09 octobre 2023

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates09/06/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/05/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/01/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/06/2025
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring23/04/2025
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring25/02/2025
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
    PDF
  • Mandates05/08/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/04/2024
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 01/06/2026
    nominationGregory Demoor — Directeur belast met het dagelijks bestuur
  2. 2025
    Annual accounts 202569 k €↑
  3. 23/12/2025
    nominationElena Gifon — bestuurder
  4. 23/12/2025
    nominationPaul Dreezen — commissaris
  5. 05/06/2025
    nominationJan De Bie — bestuurder
  6. 01/04/2025
    apportRelam Amsterdam Holdings B.V.
  7. 01/04/2025
    reduction_capital
  8. 01/01/2025
    apportRelam Amsterdam Holdings B.V.
  9. 2024
    Annual accounts 202465,3 k €↓
  10. 01/06/2024
    nominationGregory Demoor — Directeur belast met het dagelijks bestuur
  11. 2023
    Annual accounts 2023363 k €↑
  12. 09/10/2023
    nominationPeter De Maesschalck — bestuurder
  13. 14/02/2023
    nominationRaf Van den Bergh — gedelegeerd bestuurder
  14. 2022
    Annual accounts 2022149,6 k €↑
  15. 20/12/2022
    nominationManuel Soria Machado — commissaris
  16. 2021
    Annual accounts 2021102,2 k €↓
  17. 2020
    Annual accounts 2020346,1 k €↑
  18. 2019
    Annual accounts 2019165,8 k €↓
  19. 2018
    Annual accounts 2018296,9 k €↓
  20. 2017
    Annual accounts 2017527 k €
  21. 13/02/2015
    IncorporationPublic limited company