ACTIVE

Gheeraert Distribution

Financial year 2025 · closed on 31/12/2025
Net result
185 k €
+140.5% YoY
Gross margin
4 M €
+102.9% YoY
Equity
750,2 k €
+32.7% YoY
Workforce
46,7 ETP
+46.9% YoY

What does Gheeraert Distribution do?

Gheeraert Distribution is a Public limited company incorporated in 2019. Its main activity is: Freight transport by road. Its registered office is in Zedelgem. It employs on average 46,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0740.593.713
Incorporation
30/12/2019
Legal form
Public limited company
Registered office
Autobaan 10
8210 Zedelgem · FlandreSee on map
Contributed capital
300 000,00 €
Latest accounts
31/12/2025
Average workforce
46,7 ETP
Joint committees (2)
  • 14003
  • 226
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 6 financial years

202520242023202220212020
Income statement
Gross margin4 M €2 M €2 M €2,1 M €1,6 M €1 M €
EBITDA1 M €96,6 k €501 k €976,1 k €660,6 k €212,9 k €
Operating result321,7 k €-356,3 k €110,6 k €659,2 k €415,1 k €13,1 k €
Net result185 k €-456,6 k €21,9 k €450 k €286,8 k €-7 k €
Balance sheet
Equity750,2 k €565,1 k €1 M €999,8 k €579,8 k €293 k €
Total assets7,6 M €5,7 M €4,8 M €4,8 M €4,2 M €3,3 M €
Cash488,4 k €214,8 k €415,9 k €54,4 k €160,1 k €348 k €
Debts6,8 M €5,1 M €3,7 M €3,8 M €3,6 M €3 M €
Other
Workforce46,7 ETP31,8 ETP27,2 ETP23,9 ETP19,9 ETP16,6 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 7 ended

Active mandates

G-FORCE.BE

Director · since 31 décembre 2025 · until 24 juin 2031 · 0807.015.155

Represented by Peter Gheeraert

Active
SG Worx

Director · since 31 décembre 2025 · until 24 juin 2031 · 0779.738.359

Represented by Stijn Gheeraert

Active

Ended mandates

SG Worx

Director · since 01 janvier 2022 · until 31 décembre 2025 · 0779.738.359

Represented by Stijn Gheeraert

Ended
SG Worx

Director · since 01 janvier 2022 · until 31 décembre 2025 · 0779.738.359

Represented by Stijn Gheeraert

Ended
AUGERE

Director · since 30 décembre 2019 · until 31 décembre 2025 · 0824.733.590

Represented by Stijn GHEERAERT

Ended
G-FORCE.BE

Director · since 30 décembre 2019 · until 31 décembre 2025 · 0807.015.155

Represented by Peter Gheeraert

Ended
At this address

Other companies at this address

CompanyCBE no.
G-FORCE.BEActive
0807.015.155
1032.871.836
0422.208.336
1033.968.530
0757.801.909
0415.561.460
Trans-FormActive
0741.383.767
0630.943.032
0418.276.074
WarehouseActive
0649.971.363
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202130/12/2019
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 months13 months
Filing date23/07/202618/07/202511/07/202417/07/202321/07/202227/07/2021
General meeting30/06/202628/06/202525/06/202427/06/202330/06/202230/06/2021
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
Abridged model31/12/202530/06/202623/07/2026DutchPDF
Abridged model31/12/202428/06/202518/07/2025DutchPDF
Abridged model31/12/202325/06/202411/07/2024DutchPDF
Abridged model31/12/202227/06/202317/07/2023DutchPDF
Abridged model31/12/202130/06/202221/07/2022DutchPDF
Abridged model31/12/202030/06/202127/07/2021DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 · 7 ended

Active mandates

G-FORCE.BE

Director · since 31 décembre 2025 · until 24 juin 2031 · 0807.015.155

Represented by Peter Gheeraert

Active
SG Worx

Director · since 31 décembre 2025 · until 24 juin 2031 · 0779.738.359

Represented by Stijn Gheeraert

Active

Ended mandates

SG Worx

Director · since 01 janvier 2022 · until 31 décembre 2025 · 0779.738.359

Represented by Stijn Gheeraert

Ended
SG Worx

Director · since 01 janvier 2022 · until 31 décembre 2025 · 0779.738.359

Represented by Stijn Gheeraert

Ended
AUGERE

Director · since 30 décembre 2019 · until 31 décembre 2025 · 0824.733.590

Represented by Stijn GHEERAERT

Ended
G-FORCE.BE

Director · since 30 décembre 2019 · until 31 décembre 2025 · 0807.015.155

Represented by Peter Gheeraert

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates19/12/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/12/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other02/01/2020
    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 2025185 k €
  2. 2024
    Annual accounts 2024-456,6 k €
  3. 2023
    Annual accounts 202321,9 k €
  4. 2022
    Annual accounts 2022450 k €
  5. 2021
    Annual accounts 2021286,8 k €
  6. 2020
    Annual accounts 2020-7 k €
  7. 30/12/2019
    IncorporationPublic limited company