ACTIVE

Gildan Activewear EU

Financial year 2024 · Closed on 31/12/2024

Net result2,3 M €+162,6 %over 1 year
Revenue93,3 M €+24,8 %over 1 year
Equity18,9 M €+14,1 %over 1 year
Workforce1,0 ETP0,0 %over 1 year

Identity

Source · BCE/KBO

Gildan Activewear EU is a Private limited company incorporated in 2021. Its main activity is: Wholesale of clothing and footwear. Its registered office is in Ixelles. It employs on average 1,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0768.385.894
Incorporation
12/05/2021
Legal form
Private limited company
Registered office
Avenue Louise 65 box 11
1050 Ixelles · BruxellesSee on map
Contributed capital
13 367 404,75 €
Latest accounts
31/12/2024
Average workforce
1,0 ETP
Joint committees (1)
  • 215
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 4 filings

Trend over 4 financial years

2024202320222021
Income statement
Revenue93,3 M €74,8 M €87,6 M €30,3 M €
EBITDA5,6 M €2,1 M €-1,4 M €1,9 M €
Operating result5,6 M €2,1 M €-1,6 M €1,8 M €
Net result2,3 M €888,5 k €1,1 M €628,1 k €
Balance sheet
Equity18,9 M €16,6 M €15,7 M €16,5 M €
Total assets82,5 M €54 M €51,1 M €37,5 M €
Cash786 k €2,4 M €2,5 M €1,9 M €
Debts63,6 M €37,5 M €35,4 M €20,9 M €
Other
Workforce1,0 ETP1,0 ETP1,0 ETP3,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

3 active · 3 ended

Active mandates

Chuckie J. Ward

Director · since 10 juin 2025 · until 09 juin 2026

Active
Marc Fraimund

Director · since 10 juin 2025 · until 09 juin 2026

Active
Marc-André Leblanc

Director · since 10 juin 2025 · until 09 juin 2026

Active

Ended mandates

Chuckie J. Ward

Director · since 10 novembre 2021

Ended
Marc Fraimund

Director · since 11 mai 2021 · until 10 juin 2025

Ended
Marc-André Leblanc

Director · since 11 mai 2021 · until 10 juin 2025

Ended

Other companies at this address

Avenue Louise 65 1050 Ixelles
CompanyCBE no.
225 Mezz HoldCo● Active
0746.605.436
0746.605.535
AAHR SRL● Active
0794.230.555
0635.489.461
ABL GROUP● Active
0751.628.551
0642.608.568
AFRIREGISTER.EU● Active
0651.981.540
AGAD Technology● Active
0788.823.103
AGROKTIMA● Active
0452.099.875
0797.614.667
0502.903.230
0663.895.516
ALPHA LOGICA● Active
0456.386.384
0737.925.817
0430.558.650
ANSUL● Active
0441.557.163
ANSUL BELGIUM● Active
0860.511.744
0438.584.906
0720.755.530
0597.671.834

Full financial information

Source · NBB
2024202320222021
Type of accountFull modelFull modelFull modelFull model
Start of the financial year01/01/202401/01/202301/01/202211/05/2021
Closing of the financial year31/12/202431/12/202331/12/202231/12/2021
Length of the financial year12 months12 months12 months8 months
Filing date21/10/202507/10/202529/03/202422/12/2022
General meeting08/10/202524/09/202401/03/202416/12/2022
Currency of the financial yearEUREUREURUSD
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 4 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202408/10/202521/10/2025FrenchPDF
Full model31/12/202324/09/202407/10/2025FrenchPDF
Full model31/12/202201/03/202429/03/2024FrenchPDF
Full model31/12/202116/12/202222/12/2022FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 31/12/2024

3 active · 3 ended

Active mandates

Chuckie J. Ward

Director · since 10 juin 2025 · until 09 juin 2026

Active
Marc Fraimund

Director · since 10 juin 2025 · until 09 juin 2026

Active
Marc-André Leblanc

Director · since 10 juin 2025 · until 09 juin 2026

Active

Ended mandates

Chuckie J. Ward

Director · since 10 novembre 2021

Ended
Marc Fraimund

Director · since 11 mai 2021 · until 10 juin 2025

Ended
Marc-André Leblanc

Director · since 11 mai 2021 · until 10 juin 2025

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates22/06/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates25/06/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates27/11/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates04/01/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates17/11/2021
    DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
    PDF
  • Capital / shares19/08/2021
    CAPITAL, ACTIONS
    PDF
  • Other17/05/2021
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 09/06/2026
    reconductionMarc Fraimund — administrateur
  2. 09/06/2026
    reconductionMarc-André Leblanc — administrateur
  3. 10/06/2025
    reconductionMarc Fraimund — administrateur
  4. 10/06/2025
    reconductionMarc-André Leblanc — administrateur
  5. 2024
    Annual accounts 20242,3 M €↑
  6. 05/11/2024
    reconductionKPMG Réviseurs d'Entreprises BV/SRL — commissaire
  7. 05/11/2024
    nominationFabian Branswyk — représentant permanent
  8. 2023
    Annual accounts 2023888,5 k €↓
  9. 2022
    Annual accounts 20221,1 M €↑
  10. 07/12/2022
    nominationKoen Vanstraelen — représentant permanent du commissaire
  11. 2021
    Annual accounts 2021628,1 k €
  12. 12/05/2021
    IncorporationPrivate limited company