ACTIVE

GIEL

Export PDF
Financial year 2025 · closed on 30/06/2025
Net result
182,9 k €
-44.8% YoY
Revenue
25,1 M €
+10.2% YoY
Equity
1,5 M €
+0.4% YoY
Workforce
28,8 ETP
+14.7% YoY

What does GIEL do?

GIEL is a Private limited company incorporated in 2008. Its main activity is: Floor and wall covering. Its registered office is in Brecht. It employs on average 28,8 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0806.979.820
Incorporation
01/10/2008
Legal form
Private limited company
Registered office
Vaartkant Rechts 5 box A
2960 Brecht · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
30/06/2025
Average workforce
28,8 ETP
Activities (NACE)
43331Floor and wall covering· main43422Specialised construction activities43996Other specialised construction activities n.e.c.23610Manufacture of concrete products for construction purposes43211Electrical installation43211Electrical installation+11
Joint committees (2)
  • 124
  • 200
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue
View the BCE/KBO Public Search record →
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 16 financial years

2025202420232022202120202019201820172016201420132012201120102009
Income statement
Revenue25,1 M €22,8 M €19,5 M €–––––––––––––
EBITDA1,9 M €2 M €1,5 M €1,4 M €1,1 M €658,5 k €651,2 k €759,7 k €505,6 k €494,2 k €159,1 k €44,6 k €51,9 k €30,8 k €28,3 k €73,8 k €
Operating result384,5 k €478,3 k €555,8 k €659,3 k €529,3 k €310,5 k €297,2 k €417,8 k €114 k €121,5 k €65 k €-1,4 k €-27,8 k €12,3 k €15,9 k €61,1 k €
Net result182,9 k €331,6 k €484,6 k €497,7 k €479,4 k €284,3 k €329,3 k €341 k €84,1 k €79,1 k €50,3 k €-16,2 k €-39,9 k €8,1 k €10 k €41,1 k €
Balance sheet
Equity1,5 M €1,5 M €1,4 M €1,4 M €985,7 k €611,2 k €402,3 k €365,5 k €230,5 k €151,1 k €72 k €21,7 k €31,6 k €71,6 k €63,4 k €53,5 k €
Total assets10,5 M €11,2 M €8,3 M €7,9 M €5,8 M €3,7 M €2,5 M €2 M €1,5 M €885,2 k €701,1 k €548,1 k €397,8 k €143,4 k €120,2 k €64,7 k €
Cash1,3 M €536,4 k €1,3 M €640,2 k €752,7 k €559,4 k €364,8 k €245,4 k €266,7 k €144,6 k €54 k €9,5 k €9,4 k €11,9 k €31,2 k €2,8 k €
Debts9 M €9,7 M €6,8 M €6,5 M €4,8 M €3,1 M €2,1 M €1,7 M €1,3 M €734,1 k €628,1 k €526,4 k €366,2 k €71,8 k €56,8 k €10,2 k €
Other
Workforce28,8 ETP25,1 ETP21,4 ETP18,8 ETP16,1 ETP11,4 ETP10,3 ETP8,4 ETP7,3 ETP2,3 ETP0,5 ETP–––––
Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation
Governance

Board of directors

Seen on filing of 30/06/2025 · 1 active · 6 ended

Active mandates

ScoutSenn

Director · since 01 mars 2017 · 0670.833.489

Represented by Giel LENAERTS

Active

Ended mandates

ScoutSenn

Director · since 01 mars 2017 · 0670.833.489

Represented by Giel LENAERTS

Ended
ScoutSenn

Director · since 01 mars 2017 · 0670.833.489

Represented by Lenaerts GIEL

Ended
ScoutSenn

Manager · since 01 mars 2017 · 0670.833.489

Represented by Giel Lenaerts

Ended
GIEL LENAERTS

Manager · since 01 octobre 2008

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelAbridged modelAbridged modelAbridged model
Start of the financial year01/07/202401/07/202301/07/202201/07/202101/07/202001/07/2019
Closing of the financial year30/06/202530/06/202430/06/202330/06/202230/06/202130/06/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date23/01/202623/01/202520/01/202418/01/202303/01/202223/01/2021
General meeting23/12/202506/01/202505/01/202413/12/202214/12/202108/12/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

17 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model30/06/202523/12/202523/01/2026DutchPDF
Full model30/06/202406/01/202523/01/2025DutchPDF
Full model30/06/202305/01/202420/01/2024DutchPDF
Abridged model30/06/202213/12/202218/01/2023DutchPDF
Abridged model30/06/202114/12/202103/01/2022DutchPDF
Abridged model30/06/202008/12/202023/01/2021DutchPDF
Abridged model30/06/201910/12/201906/01/2020DutchPDF
Abridged model30/06/201811/12/201805/01/2019DutchPDF
Abridged model30/06/201712/12/201720/01/2018DutchPDF
Abridged model30/06/201613/12/201625/12/2016DutchPDF
Abridged model31/12/201408/06/201523/06/2015DutchPDF
Abridged model31/12/201306/06/201430/09/2014DutchPDF
Abridged modelCorrection31/12/201206/06/201328/10/2013DutchPDF
Abridged model31/12/201206/06/201330/09/2013DutchPDF
Abridged model31/12/201106/06/201230/08/2012DutchPDF
Abridged model31/12/201007/06/201104/08/2011DutchPDF
Abridged model31/12/200907/06/201025/06/2010DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 30/06/2025 · 1 active · 6 ended

Active mandates

ScoutSenn

Director · since 01 mars 2017 · 0670.833.489

Represented by Giel LENAERTS

Active

Ended mandates

ScoutSenn

Director · since 01 mars 2017 · 0670.833.489

Represented by Giel LENAERTS

Ended
ScoutSenn

Director · since 01 mars 2017 · 0670.833.489

Represented by Lenaerts GIEL

Ended
ScoutSenn

Manager · since 01 mars 2017 · 0670.833.489

Represented by Giel Lenaerts

Ended
GIEL LENAERTS

Manager · since 01 octobre 2008

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates21/12/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/07/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office27/02/2020
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates18/05/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other20/01/2016
    ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Other17/10/2008
    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 2025182,9 k €↓
  2. 2024
    Annual accounts 2024331,6 k €↓
  3. 2023
    Annual accounts 2023484,6 k €↓
  4. 2022
    Annual accounts 2022497,7 k €↑
  5. 2021
    Annual accounts 2021479,4 k €↑
  6. 2020
    Annual accounts 2020284,3 k €↓
  7. 2019
    Annual accounts 2019329,3 k €↓
  8. 2018
    Annual accounts 2018341 k €↑
  9. 2017
    Annual accounts 201784,1 k €↑
  10. 2016
    Annual accounts 201679,1 k €↑
  11. 2014
    Annual accounts 201450,3 k €↑
  12. 2013
    Annual accounts 2013-16,2 k €↑
  13. 2012
    Annual accounts 2012-39,9 k €↓
  14. 2011
    Annual accounts 20118,1 k €↓
  15. 2010
    Annual accounts 201010 k €↓
  16. 2009
    Annual accounts 200941,1 k €
  17. 01/10/2008
    IncorporationPrivate limited company