ACTIVE

GERISART

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Financial year 2025 · closed on 31/12/2025

Net result

109,8 k €

+991.3% YoY

Revenue

2,7 M €

-27.8% YoY

Equity

20,4 M €

+0.5% YoY

Workforce

14,0 ETP

0.0% YoY

What does GERISART do?

GERISART is a Public limited company incorporated in 2016. Its main activity is: Wholesale of machinery for the textile industry and of sewing and knitting machines. Its registered office is in Wevelgem. It employs on average 14,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0650.627.203

Incorporation

29/01/2016

Legal form

Public limited company

Registered office

Driemasten 109
8560 Wevelgem · FlandreSee on map

Contributed capital

14 603 895,45 €

Latest accounts

31/12/2025

Average workforce

14,0 ETP

Activities (NACE)

46649Wholesale of machinery for the textile industry and of sewing and knitting machines· main 46699Wholesale of other machinery and equipment 64200Activities of holding companies 64210Activities of holding companies 70200Management consultancy activities 70220Business and other management consultancy activities

Joint committees (1)

Signals

ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 8 financial years

	2025		2025		2024		2023		2022		2021		2020		2019
Income statement
Revenue	2,7 M €	-27.8%	3,8 M €	-12.2%	4,3 M €	+46.2%	3 M €	+8.8%	2,7 M €	-1.6%	2,8 M €	+91.3%	1,4 M €	+15.9%	1,2 M €
EBITDA	186 k €	+2415%	7,4 k €	-98.5%	503,6 k €	+205%	165,1 k €	-71.1%	571 k €	-44.3%	1 M €	+410%	-330,3 k €	+1.0%	-333,4 k €
Operating result	177,4 k €	+16480%	-1,1 k €	-100%	498,7 k €	+302%	124 k €	-76.5%	528,7 k €	-45.9%	976,8 k €	+359%	-377,3 k €	-0.2%	-376,7 k €
Net result	109,8 k €	+991%	-12,3 k €	-103%	472,9 k €	+507%	77,9 k €	-79.5%	380,2 k €	-59.6%	940,3 k €	+327%	-413,8 k €	-166%	626,3 k €
Balance sheet
Equity	20,4 M €	+0.5%	20,3 M €	-0.1%	20,3 M €	+2.4%	19,8 M €	+0.4%	19,8 M €	+2.0%	19,4 M €	+4.5%	18,5 M €	-2.2%	19 M €
Total assets	32,4 M €	-0.4%	32,6 M €	-0.5%	32,7 M €	+1.3%	32,3 M €	+2.6%	31,5 M €	+0.6%	31,3 M €	+0.9%	31 M €	+0.8%	30,8 M €
Cash	68,1 k €	-23.5%	89 k €	+79.1%	49,7 k €	+304%	12,3 k €	-17.0%	14,8 k €	-71.7%	52,4 k €	+138%	22,1 k €		–
Debts	12 M €	-2.1%	12,3 M €	-1.2%	12,4 M €	-0.5%	12,5 M €	+6.4%	11,7 M €	-1.6%	11,9 M €	-4.5%	12,5 M €	+5.5%	11,8 M €
Other
Workforce	14,0 ETP	0.0%	14,0 ETP	0.0%	14,0 ETP	+4.5%	13,4 ETP	+3.9%	12,9 ETP	+2.4%	12,6 ETP	+10.5%	11,4 ETP	+0.9%	11,3 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 7 ended

Active mandates

Geert Vanhalst

Managing director

Active

SBCO

Director · 0690.790.646

Represented by Bavo Vanhalst

Active

VANDRE

Director · 0694.793.875

Represented by Lowie Vanhalst

Active

Ended mandates

VANDRE

Director · since 16 avril 2018 · 0694.793.875

Represented by Lowie Vanhalst

Ended

Lowie Vanhalst

Director · until 16 avril 2018

Ended

SAN MARINO

Director · until 01 octobre 2020 · 0407.819.375

Represented by Geert Vanhalst

Ended

SAN MARINO

Director · 0407.819.375

Represented by Geert Vanhalst

Ended

At this address

Other companies at this address

Company	CBE no.
GEBALO● Active	0650.605.823
Plattelands TV● Active	0668.376.124
QIDDO● Active	0803.935.703
S.B. RESTAURANT● Active	0413.912.460
SUPRA BAZAR GULLEGEM● Active	0862.179.451
SUPRA BAZAR HOME● Active	0862.178.362
SUPRA BAZAR OFFICE● Active	0862.185.191
SUPRA GROEP● Active	0683.993.916

Annual accounts

Full financial information

	2025	2025	2024	2023	2022	2021
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/04/2025	01/04/2024	01/04/2023	01/04/2022	01/04/2021	01/04/2020
Closing of the financial year	31/12/2025	31/03/2025	31/03/2024	31/03/2023	31/03/2022	31/03/2021
Length of the financial year	9 months	12 months	12 months	12 months	12 months	12 months
Filing date	23/07/2026	27/10/2025	24/10/2024	30/08/2023	26/10/2022	28/10/2021
General meeting	20/06/2026	17/05/2025	18/05/2024	20/05/2023	21/05/2022	15/05/2021
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

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Filings

Annual accounts filings

10 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	20/06/2026	23/07/2026	Dutch	PDF
Full model	31/03/2025	17/05/2025	27/10/2025	Dutch	PDF
Full model	31/03/2024	18/05/2024	24/10/2024	Dutch	PDF
Full model	31/03/2023	20/05/2023	30/08/2023	Dutch	PDF
Full model	31/03/2022	21/05/2022	26/10/2022	Dutch	PDF
Full model	31/03/2021	15/05/2021	28/10/2021	Dutch	PDF
Full model	31/03/2020	16/05/2020	30/09/2020	Dutch	PDF
Full model	31/03/2019	18/05/2019	29/10/2019	Dutch	PDF
Full model	31/03/2018	19/05/2018	30/10/2018	Dutch	PDF
Full model	31/03/2017	20/05/2017	20/11/2017	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 7 ended

Active mandates

Geert Vanhalst

Managing director

Active

SBCO

Director · 0690.790.646

Represented by Bavo Vanhalst

Active

VANDRE

Director · 0694.793.875

Represented by Lowie Vanhalst

Active

Ended mandates

VANDRE

Director · since 16 avril 2018 · 0694.793.875

Represented by Lowie Vanhalst

Ended

Lowie Vanhalst

Director · until 16 avril 2018

Ended

SAN MARINO

Director · until 01 octobre 2020 · 0407.819.375

Represented by Geert Vanhalst

Ended

SAN MARINO

Director · 0407.819.375

Represented by Geert Vanhalst

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Other07/10/2025
ALGEMENE VERGADERING - BOEKJAAR
PDF
Other23/02/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other27/12/2022
DIVERSEN
PDF
Mandates26/03/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/06/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/04/2018
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares13/04/2016
KAPITAAL - AANDELEN
PDF
Other13/04/2016
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

2025
Annual accounts 2025109,8 k €↑
2025
Annual accounts 2025-12,3 k €↓
2024
Annual accounts 2024472,9 k €↑
2023
Annual accounts 202377,9 k €↓
2022
Annual accounts 2022380,2 k €↓
2021
Annual accounts 2021940,3 k €↑
2020
Annual accounts 2020-413,8 k €↓
2019
Annual accounts 2019626,3 k €
29/01/2016
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

GERISART

Overview

What does GERISART do?

Trend over 8 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline