ACTIVE

The Good Life Development Fund II

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Financial year 2025 · Closed on 31/12/2025

Net result809,3 k €+6 371,7 %over 1 year
Gross margin-2,2 M €+6,9 %over 1 year
Equity54,7 M €+8,0 %over 1 year
Workforce0,0 ETP

Identity

Source · BCE/KBO

The Good Life Development Fund II is a Limited partnership incorporated in 2019. Its main activity is: Activities of holding companies. Its registered office is in Gent.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0734.432.431
Incorporation
13/09/2019
Legal form
Limited partnership
Registered office
Nieuwewandeling 62
9000 Gent · FlandreSee on map
Contributed capital
64 334 945,00 €
Latest accounts
31/12/2025
Average workforce
0,0 ETP
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflow

Financials

Source · NBB, 6 filings

Trend over 5 financial years

20252024202320222021
Income statement
Gross margin-2,2 M €-2,3 M €-3,3 M €-4,3 M €-3,5 M €
EBITDA-2,2 M €-2,3 M €-3,3 M €-4,3 M €-3,5 M €
Operating result-2,2 M €-2,3 M €-3,3 M €-4,3 M €-3,5 M €
Net result809,3 k €-12,9 k €-2,4 M €-3,4 M €-3,1 M €
Balance sheet
Equity54,7 M €50,7 M €41,7 M €32,8 M €13,4 M €
Total assets54,7 M €50,7 M €41,8 M €33,1 M €14,3 M €
Cash384,2 k €4,8 M €765,2 k €5,9 M €435,7 k €
Debts10,6 k €25,8 k €50,6 k €325,5 k €888 k €
Other
Workforce0,0 ETP0,0 ETP0,0 ETP––

Valuation

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 2 ended

Active mandates

GLDF II Partners

Manager · 0733.947.134

Represented by Nicolas Bearelle

Active

Ended mandates

GLDF II Partners

Manager · 0733.947.134

Represented by Nicolas Bearelle

Ended
GLDF II Partners

Manager · 0733.947.134

Represented by Nicolas Bearelle

Ended

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0778.259.605

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202113/09/2019
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 months16 months
Filing date15/07/202624/06/202527/06/202403/07/202307/07/202205/07/2021
General meeting18/06/202619/06/202520/06/202415/06/202330/06/202217/06/2021
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, 6 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202518/06/202615/07/2026DutchPDF
Abridged model31/12/202419/06/202524/06/2025DutchPDF
Abridged model31/12/202320/06/202427/06/2024DutchPDF
Abridged model31/12/202215/06/202303/07/2023DutchPDF
Abridged model31/12/202130/06/202207/07/2022DutchPDF
Abridged model31/12/202017/06/202105/07/2021DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 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

1 active · 2 ended

Active mandates

GLDF II Partners

Manager · 0733.947.134

Represented by Nicolas Bearelle

Active

Ended mandates

GLDF II Partners

Manager · 0733.947.134

Represented by Nicolas Bearelle

Ended
GLDF II Partners

Manager · 0733.947.134

Represented by Nicolas Bearelle

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Capital / shares27/11/2025
    KAPITAAL - AANDELEN
    PDF
  • Capital / shares02/10/2025
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Capital / shares17/04/2025
    KAPITAAL - AANDELEN
    PDF
  • Mandates06/07/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other17/09/2019
    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. 2025
    Annual accounts 2025809,3 k €↑
  2. 2024
    Annual accounts 2024-12,9 k €↑
  3. 2023
    Annual accounts 2023-2,4 M €↑
  4. 2022
    Annual accounts 2022-3,4 M €↓
  5. 2021
    Annual accounts 2021-3,1 M €
  6. 13/09/2019
    IncorporationLimited partnership