ACTIVE

Gesu

Financial year 2025 · closed on 31/12/2025
Net result
701 k €
+409.7% YoY
Gross margin
1 M €
+383.9% YoY
Equity
1,5 M €
+13.5% YoY

What does Gesu do?

Gesu is a Public limited company incorporated in 2019. Its registered office is in Antwerpen.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0727.415.767
Incorporation
23/05/2019
Legal form
Public limited company
Registered office
Mediaplein 1
2018 Antwerpen · FlandreSee on map
Contributed capital
250 000,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20252024202320222021
Income statement
Gross margin1 M €207,5 k €1,3 M €
EBITDA994,3 k €206,4 k €1,3 M €-1 k €-612 €
Operating result994,3 k €206,4 k €1,3 M €-1 k €-612 €
Net result701 k €137,5 k €964,7 k €-1,4 k €-928,8 €
Balance sheet
Equity1,5 M €1,3 M €1,2 M €243,4 k €244,8 k €
Total assets5,1 M €5,4 M €5,3 M €12,4 M €11,9 M €
Cash539,1 k €242,4 k €51,6 k €42,6 k €43,7 k €
Debts3,5 M €4 M €4,1 M €12,2 M €11,6 M €
Estimate

Indicative valuation

As an indication, this company is worth

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

Board of directors

Seen on filing of 31/12/2025 · 2 active · 5 ended

Active mandates

Real Estate Development Trust

Director · since 23 mai 2025 · until 05 juin 2030 · 0716.820.201

Represented by Jo Gielen

Active
VDD PROJECT DEVELOPMENT

Director · since 23 mai 2025 · until 05 juin 2030 · 0826.235.310

Represented by Johan Vandendriessche

Active

Ended mandates

Real Estate Development Trust

Director · since 23 mai 2019 · until 03 juin 2026 · 0716.820.201

Represented by Jo GIELEN

Ended
Real Estate Development Trust

Director · since 23 mai 2019 · 0716.820.201

Represented by Jo GIELEN

Ended
VDD PROJECT DEVELOPMENT

Director · since 23 mai 2019 · until 23 mai 2025 · 0826.235.310

Represented by Johan VANDENDRIESSCHE

Ended
VDD PROJECT DEVELOPMENT

Director · since 23 mai 2019 · until 03 juin 2026 · 0826.235.310

Represented by Johan VANDENDRIESSCHE

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/05/2019
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 months20 months
Filing date05/06/202620/06/202530/08/202414/07/202330/06/202201/07/2021
General meeting03/06/202604/06/202505/06/202407/06/202301/06/202202/06/2021
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

6 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202503/06/202605/06/2026DutchPDF
Abridged model31/12/202404/06/202520/06/2025DutchPDF
Abridged model31/12/202305/06/202430/08/2024DutchPDF
Abridged model31/12/202207/06/202314/07/2023DutchPDF
Abridged model31/12/202101/06/202230/06/2022DutchPDF
Abridged model31/12/202002/06/202101/07/2021DutchPDF
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.

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 · 2 active · 5 ended

Active mandates

Real Estate Development Trust

Director · since 23 mai 2025 · until 05 juin 2030 · 0716.820.201

Represented by Jo Gielen

Active
VDD PROJECT DEVELOPMENT

Director · since 23 mai 2025 · until 05 juin 2030 · 0826.235.310

Represented by Johan Vandendriessche

Active

Ended mandates

Real Estate Development Trust

Director · since 23 mai 2019 · until 03 juin 2026 · 0716.820.201

Represented by Jo GIELEN

Ended
Real Estate Development Trust

Director · since 23 mai 2019 · 0716.820.201

Represented by Jo GIELEN

Ended
VDD PROJECT DEVELOPMENT

Director · since 23 mai 2019 · until 23 mai 2025 · 0826.235.310

Represented by Johan VANDENDRIESSCHE

Ended
VDD PROJECT DEVELOPMENT

Director · since 23 mai 2019 · until 03 juin 2026 · 0826.235.310

Represented by Johan VANDENDRIESSCHE

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates10/12/2025
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office09/10/2020
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other27/05/2019
    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 2025701 k €
  2. 2024
    Annual accounts 2024137,5 k €
  3. 2023
    Annual accounts 2023964,7 k €
  4. 2022
    Annual accounts 2022-1,4 k €
  5. 2021
    Annual accounts 2021-928,8 €
  6. 23/05/2019
    IncorporationPublic limited company