ACTIVE

GEGROND

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Financial year 2025 · Closed on 31/12/2025

Net result-330,8 k €-157,7 %over 1 year
Gross margin-25,9 k €-111,7 %over 1 year
Equity3,6 M €-8,4 %over 1 year
Workforce0,0 ETP

Identity

Source · BCE/KBO

GEGROND is a Private limited company incorporated in 2020. Its main activity is: Development of building projects. Its registered office is in Gent.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0746.813.193
Incorporation
11/05/2020
Legal form
Private limited company
Registered office
Nieuwewandeling 62
9000 Gent · FlandreSee on map
Contributed capital
50 000,00 €
Latest accounts
31/12/2025
Average workforce
0,0 ETP
Signals
Low riskGood liquidity

Financials

Source · NBB, 5 filings

Trend over 5 financial years

20252024202320222021
Income statement
Gross margin-25,9 k €222,2 k €943,9 k €1,4 M €4,6 M €
EBITDA-242,4 k €-41,1 k €688,6 k €1 M €4 M €
Operating result-307,9 k €-106,6 k €623,2 k €972,6 k €3,9 M €
Net result-330,8 k €-128,4 k €449,9 k €718,2 k €2,8 M €
Balance sheet
Equity3,6 M €3,9 M €4,1 M €3,6 M €2,9 M €
Total assets13,2 M €12,2 M €10,8 M €9,7 M €10,2 M €
Cash8,4 k €2,4 k €6,9 k €547,1 k €2,2 M €
Debts9,5 M €8,2 M €6,7 M €5,8 M €7,1 M €
Other
Workforce0,0 ETP0,0 ETP0,0 ETP––

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
The Good Life Fund0665.802.060Represented by Nicolas BEARELLE
Director

Other companies at this address

Nieuwewandeling 62 9000 Gent
CompanyCBE no.
2RIVERS● Active
0835.926.697
AmiNoH● Active
1032.717.428
Beaulieu Development● Active
1042.652.406
CANAL DEVELOPMENT● Active
1006.450.521
CINIMMO● Active
0750.616.880
CNTRC● Active
1010.076.440
CultureSuite BE● Active
0541.477.160
EDEGEM DEVELOPMENT● Active
1010.925.585
EDEGEM LAND● Active
1010.925.882
ELEKTRION DEVELOPMENT● Active
0632.705.561
ELEKTRION LAND● Active
0669.694.631
ENCHANTÉ● Active
0686.620.537
Equitym● Active
0793.951.136
Follo Belgium● Active
0795.537.184
GENTBRUGGE KERKSTRAAT DEVELOPMENT● Active
0543.306.797
GENTBRUGGE KERKSTRAAT LAND II● Active
0712.779.160
GLDF II Invest● Active
0733.943.867
GLDF II Partners● Active
0733.947.134
Good Life Brasserie● Active
0778.259.605
Good Life Brussels● Active
0793.432.185

Full financial information

Source · NBB
20252024202320222021
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202211/05/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/2021
Length of the financial year12 months12 months12 months12 months20 months
Filing date23/06/202606/06/202528/06/202414/07/202320/09/2022
General meeting29/05/202630/05/202528/06/202430/06/202326/08/2022
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 5 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202529/05/202623/06/2026DutchPDF
Abridged model31/12/202430/05/202506/06/2025DutchPDF
Abridged model31/12/202328/06/202428/06/2024DutchPDF
Abridged model31/12/202230/06/202314/07/2023DutchPDF
Abridged model31/12/202126/08/202220/09/2022DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
The Good Life Fund0665.802.060Represented by Nicolas BEARELLE
Director

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other13/05/2020
    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

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings5 filings
Mandates
The Good Life Fund
2020202120222023202420252026
GEGROND
Nieuwewandeling 62, 9000 Gent
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Nieuwewandeling 62, 9000 GentCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00195838

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
GEGRONDCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00195838

Events

  1. 2025
    Annual accounts 2025-330,8 k €↓
  2. 2024
    Annual accounts 2024-128,4 k €↓
  3. 2023
    Annual accounts 2023449,9 k €↓
  4. 2022
    Annual accounts 2022718,2 k €↓
  5. 2021
    Annual accounts 20212,8 M €
  6. 11/05/2020
    IncorporationPrivate limited company