ACTIVE

GHELAMCO EUROPEAN PROPERTY FUND

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Financial year 2024 · Closed on 31/12/2024

Net result-2,8 M €-117,9 %over 1 year
Equity4,5 M €-37,9 %over 1 year

Identity

Source · BCE/KBO

GHELAMCO EUROPEAN PROPERTY FUND is a Public limited company incorporated in 2016. Its main activity is: Development of building projects. Its registered office is in Ieper.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0648.879.817
Incorporation
22/02/2016
Legal form
Public limited company
Registered office
Zwaanhofweg 10
8900 Ieper · FlandreSee on map
Contributed capital
63 250,00 €
Latest accounts
31/12/2024

Financials

Source · NBB, 9 filings

Trend over 9 financial years

20242023202220212020
Income statement
EBITDA-1,1 M €-1 M €91,9 k €84,8 k €-27,9 k €
Operating result-1,1 M €-1 M €91,9 k €84,8 k €-27,9 k €
Net result-2,8 M €15,5 M €-1,1 M €-1,1 M €-3,1 M €
Balance sheet
Equity4,5 M €7,3 M €-8,2 M €-7,1 M €-6 M €
Total assets47,9 M €45,2 M €80,5 M €78,9 M €61,4 M €
Cash14,3 k €2,5 k €2,3 k €33 k €36,5 k €
Debts38,3 M €33,7 M €79 M €78,7 M €62,6 M €

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 31/12/2024

3 active · 9 ended

Active mandates

DirectorFunctionMandateOther mandatescurrentendedstruck offbankruptcies
Michael Gheysens
Director30/06/2022 → 10/07/2025
00
Paul Gheysens
Director30/06/2022 → 30/06/2029
0
Simon Gheysens
Director30/06/2022 → 30/06/2029
00

Ended mandates

DirectorFunctionMandateOther mandatescurrentendedstruck offbankruptcies
Michael Gheysens
Director07/12/2023 → 07/12/2029
00
Paul Gheysens
Director07/12/2023 → 07/12/2029
0
Simon Gheysens
Director07/12/2023 → 07/12/2029
00
Michael Gheysens
Director30/06/2022 → 30/06/2029
00

Other companies at this address

Zwaanhofweg 10 8900 Ieper
CompanyCBE no.
AVIATION HANDLING SERVICES● Active
0899.244.042
BELALAN LOUISE LEASEHOLD● Active
0885.570.012
BELGIAN TRADING COMPANY● Active
0441.998.316
BISCHOFFSHEIM FREEHOLD● Active
0568.776.722
BOUTIQUE HOTEL MANAGEMENT● Active
0893.885.583
BRUSSELS URBAN INVEST● Active
0845.471.695
CABOLI● Active
0648.879.025
CITRIEN● Active
0540.850.422
COLLARIS● Active
0761.438.419
CONSTRUCTION LINK● Active
0648.878.728
COPERNICUS SITE● Active
0882.662.980
De Nieuwe Filature● Active
0807.489.465
DIEGEM STATION II● Active
0805.706.744
D & Q● Active
0465.739.065
EUROSTADIUM EVENTS● Active
0867.296.202
Eurostadium Foot & Hospitality● Active
0632.552.638
Eurostadium Offices● Active
0632.550.361
EUROSTADIUM PARK● Active
0873.057.903
Eurostadium Parking● Active
0632.551.153
Eurostadium Storage● Active
0632.553.430

Full financial information

Source · NBB
202420232022202120202019
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date16/07/202505/07/202407/07/202308/07/202212/07/202109/07/2020
General meeting10/07/202530/06/202430/06/202330/06/202230/06/202130/06/2020
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, 9 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202410/07/202516/07/2025DutchPDF
Full model31/12/202330/06/202405/07/2024DutchPDF
Full model31/12/202230/06/202307/07/2023DutchPDF
Full model31/12/202130/06/202208/07/2022DutchPDF
Full model31/12/202030/06/202112/07/2021DutchPDF
Full model31/12/201930/06/202009/07/2020DutchPDF
Full model31/12/201830/06/201912/07/2019DutchPDF
Full model31/12/201730/06/201806/07/2018DutchPDF
Full model31/12/201630/06/201727/07/2017DutchPDF

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 31/12/2024

3 active · 9 ended

Active mandates

DirectorFunctionMandateOther mandatescurrentendedstruck offbankruptcies
Michael Gheysens
Director30/06/2022 → 10/07/2025
00
Paul Gheysens
Director30/06/2022 → 30/06/2029
0
Simon Gheysens
Director30/06/2022 → 30/06/2029
00

Ended mandates

DirectorFunctionMandateOther mandatescurrentendedstruck offbankruptcies
Michael Gheysens
Director07/12/2023 → 07/12/2029
00
Paul Gheysens
Director07/12/2023 → 07/12/2029
0
Simon Gheysens
Director07/12/2023 → 07/12/2029
00
Michael Gheysens
Director30/06/2022 → 30/06/2029
00

Ownership and network

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Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates06/05/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/09/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/12/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/04/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/01/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/12/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/03/2017
    BENAMING - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other24/02/2016
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 30/01/2026
    nominationOPUS TERRAE BV · bestuurder
  2. 20/10/2025
    nominationTim Vermeiren · vaste vertegenwoordiger commissaris
  3. 30/06/2025
    nominationGHEMIC · bestuurder
  4. 2024
    Annual accounts 2024-2,8 M €↓
  5. 2023
    Annual accounts 202315,5 M €↑
  6. 2022
    Annual accounts 2022-1,1 M €↓
  7. 30/06/2022
    reconductionPaul GHEYSENS · bestuurder, gedelegeerd bestuurder en voorzitter van de raad van bestuur
  8. 30/06/2022
    reconductionMichael GHEYSENS · bestuurder
  9. 30/06/2022
    reconductionSimon GHEYSENS · bestuurder
  10. 2021
    Annual accounts 2021-1,1 M €↑
  11. 2020
    Annual accounts 2020-3,1 M €↓
  12. 2019
    Annual accounts 2019-1,1 M €↑
  13. 2018
    Annual accounts 2018-1,1 M €↓
  14. 2017
    Annual accounts 2017-783,7 k €↓
  15. 2016
    Annual accounts 2016-4,7 k €
  16. 22/02/2016
    IncorporationPublic limited company