ACTIVE

GIGARANT

Export PDF
Financial year 2025 · closed on 31/12/2025
Net result
45,6 M €
+65.9% YoY
Revenue
13,5 M €
+23.4% YoY
Equity
364,9 M €
+14.3% YoY

What does GIGARANT do?

GIGARANT is a Public limited company incorporated in 2009. Its registered office is in Bruxelles.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0811.389.162
Incorporation
27/04/2009
Legal form
Public limited company
Registered office
Rue du Vieux Marché aux Grains 63
1000 Bruxelles · BruxellesSee on map
Contributed capital
300 000 000,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHigh 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 17 financial years

20252024202320222021202020192018201720162015201420132012201120102009
Income statement
Revenue13,5 M €10,9 M €10,9 M €8,5 M €8,6 M €4,8 M €4,3 M €4,5 M €3,8 M €3,9 M €3,2 M €5,2 M €5 M €4,3 M €4,3 M €1,4 M €57,8 k €
EBITDA9,5 M €-8,1 M €6,7 M €4,8 M €-339 k €-41,1 M €-293,4 k €-4,2 M €-13,8 M €2,7 M €-5,9 M €36 M €-19,8 M €-273,4 k €-9,9 M €-9,9 M €-3,8 M €
Operating result39,7 M €16,1 M €-854,9 k €42,4 M €-28,6 M €-41,1 M €-293,4 k €-4,2 M €-13,8 M €2,7 M €-5,9 M €36 M €-19,8 M €-273,4 k €-9,9 M €-9,9 M €-3,9 M €
Net result45,6 M €27,5 M €9,1 M €39,8 M €-28,8 M €-41 M €-783,8 k €135 k €-10,3 M €7,6 M €-208,4 k €38,9 M €-16,6 M €4,9 M €-4,2 M €-6 M €-704,7 k €
Balance sheet
Equity364,9 M €319,3 M €291,8 M €282,7 M €242,8 M €271,7 M €312,7 M €313,5 M €313,3 M €323,7 M €316 M €316,2 M €277,3 M €294 M €289,1 M €293,2 M €299,3 M €
Total assets391,2 M €375,2 M €370,6 M €355,9 M €351,5 M €352,4 M €350,5 M €348,8 M €347,1 M €340,8 M €338,4 M €329,9 M €325,5 M €326,1 M €319 M €310,8 M €304,7 M €
Cash5 M €3,5 M €15,4 M €213,6 M €10,1 M €8,8 M €12,4 M €24,2 M €210,7 M €209,9 M €180,3 M €87,5 M €129,5 M €124,6 M €21,5 M €31,6 M €200,9 M €
Debts876,7 k €1,2 M €858,9 k €3,3 M €628 k €643,5 k €369,9 k €619,1 k €3 M €249,8 k €323,6 k €149 k €578,3 k €593 k €220,7 k €1,1 M €591,8 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 250 M€ and 500 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 6 active · 35 ended

Active mandates

Ilse Van De Mierop

Director · since 04 juin 2024 · until 04 juin 2030

Active
Jan Verhoeye

Director · since 04 juin 2024 · until 04 juin 2030

Active
Johan Van Bragt

Director · since 04 juin 2024 · until 04 juin 2030

Active
Koen Schoors

Director · since 04 juin 2024 · until 04 juin 2030

Active
Trees Vuylsteke

Director · since 04 juin 2024 · until 04 juin 2030

Active
Carine Smolder

Director · since 31 mai 2024 · until 04 juin 2030

Active

Ended mandates

Jan Verhoeye

Director · since 02 juin 2020 · until 04 juin 2024

Ended
Johan Van Bragt

Director · since 02 juin 2020 · until 04 juin 2024

Ended
Koen Schoors

Director · since 02 juin 2020 · until 04 juin 2024

Ended
Trees Vuylsteke

Director · since 02 juin 2020 · until 04 juin 2024

Ended
At this address

Other companies at this address

CompanyCBE no.
ARKimedes-Fonds● Liquidation
0874.381.358
ARKIMEDES MANAGEMENT● Active
0863.557.445
Aurora Pyxis● Active
1030.884.326
Avante Biocapital Advisers● Active
1015.606.925
AWT Gent● Active
0695.459.118
Belgian Growth Fund I● Active
0725.901.280
Belgian Growth Fund II● Active
1017.591.960
BGF II Management● Active
1016.285.133
BGF Management● Active
0725.850.010
BIOTECH FONDS VLAANDEREN● Active
0454.215.168
CASUAL CYCLING CLUB● Active
1008.954.903
Circeaulair I● Active
0802.470.607
EPICO Co-Investment Platform● Active
0671.568.414
EPICo II● Active
0786.413.840
EPICo II Water● Active
0802.109.727
EPICo II Wind● Active
0787.696.121
European Projects Investment Company● Active
0671.531.097
Fietsersbond● Active
0455.348.880
Flanders Future Techfund● Active
0729.794.445
INVEST FOR JOBS● Active
0644.590.437
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
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 months12 months
Filing date11/06/202623/06/202519/06/202420/06/202316/06/202204/06/2021
General meeting10/06/202619/06/202504/06/202406/06/202307/06/202201/06/2021
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 model31/12/202510/06/202611/06/2026DutchPDF
Full model31/12/202419/06/202523/06/2025DutchPDF
Full model31/12/202304/06/202419/06/2024DutchPDF
Full model31/12/202206/06/202320/06/2023DutchPDF
Full model31/12/202107/06/202216/06/2022DutchPDF
Full model31/12/202001/06/202104/06/2021DutchPDF
Full model31/12/201902/06/202005/06/2020DutchPDF
Full model31/12/201804/06/201912/06/2019DutchPDF
Full model31/12/201705/06/201829/06/2018DutchPDF
Full model31/12/201606/06/201706/06/2017DutchPDF
Full model31/12/201507/06/201621/06/2016DutchPDF
Full model31/12/201402/06/201515/06/2015DutchPDF
Full model31/12/201303/06/201411/06/2014DutchPDF
Full model31/12/201204/06/201313/06/2013DutchPDF
Full model31/12/201105/06/201220/06/2012DutchPDF
Full model31/12/201007/06/201121/06/2011DutchPDF
Full model31/12/200901/06/201011/06/2010DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 M€ and 500 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 · 6 active · 35 ended

Active mandates

Ilse Van De Mierop

Director · since 04 juin 2024 · until 04 juin 2030

Active
Jan Verhoeye

Director · since 04 juin 2024 · until 04 juin 2030

Active
Johan Van Bragt

Director · since 04 juin 2024 · until 04 juin 2030

Active
Koen Schoors

Director · since 04 juin 2024 · until 04 juin 2030

Active
Trees Vuylsteke

Director · since 04 juin 2024 · until 04 juin 2030

Active
Carine Smolder

Director · since 31 mai 2024 · until 04 juin 2030

Active

Ended mandates

Jan Verhoeye

Director · since 02 juin 2020 · until 04 juin 2024

Ended
Johan Van Bragt

Director · since 02 juin 2020 · until 04 juin 2024

Ended
Koen Schoors

Director · since 02 juin 2020 · until 04 juin 2024

Ended
Trees Vuylsteke

Director · since 02 juin 2020 · until 04 juin 2024

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates07/05/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/04/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other11/04/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates30/08/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/08/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/09/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/06/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/02/2022
    ONTSLAGEN - BENOEMINGEN
    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 202545,6 M €↑
  2. 21/01/2025
    nominationThomas Guïlmin — persoon belast met het dagelijks bestuur
  3. 2024
    Annual accounts 202427,5 M €↑
  4. 04/06/2024
    reconductionKoen Schoors — bestuurder
  5. 04/06/2024
    reconductionJan Verhoeye — bestuurder
  6. 04/06/2024
    reconductionTrees Vuylsteke — bestuurder
  7. 04/06/2024
    reconductionJohan Van Bragt — onafhankelijke bestuurder
  8. 04/06/2024
    reconductionIlse Van De Mierop — onafhankelijke bestuurder
  9. 04/06/2024
    nominationParticipatieMaatschappij Vlaanderen NV — waarnemer
  10. 04/06/2024
    nominationCarine Smolders — bestuurder
  11. 04/06/2024
    reconductionBDO Bedrijfsrevisoren BV — commissaris
  12. 2023
    Annual accounts 20239,1 M €↓
  13. 2022
    Annual accounts 202239,8 M €↑
  14. 11/08/2022
    nominationKoen Schoors — bijzondere volmachtdrager Categorie A
  15. 11/08/2022
    nominationJan Verhoeye — bijzondere volmachtdrager Categorie A
  16. 11/08/2022
    nominationJohan van Bragt — bijzondere volmachtdrager Categorie A
  17. 11/08/2022
    nominationTrees Vuylsteke — bijzondere volmachtdrager Categorie A
  18. 11/08/2022
    nominationIlse Van de Mierop — bijzondere volmachtdrager Categorie A
  19. 11/08/2022
    nominationFilip Lacquet — bijzondere volmachtdrager Categorie A
  20. 11/08/2022
    nominationFrédéric Meire — bijzondere volmachtdrager Categorie A
  21. 11/08/2022
    nominationAlain Pire — bijzondere volmachtdrager Categorie B
  22. 11/08/2022
    nominationTim Lievens — bijzondere volmachtdrager Categorie B
  23. 11/08/2022
    nominationCarolien D'Hauwers — bijzondere volmachtdrager Categorie B
  24. 11/08/2022
    nominationTom Biesemans — bijzondere volmachtdrager Categorie B
  25. 11/08/2022
    nominationYves Slachmuylders — bijzondere volmachtdrager Categorie B
  26. 11/08/2022
    nominationWard Stynen — bijzondere volmachtdrager Categorie B
  27. 11/08/2022
    nominationGeert Diericx — bijzondere volmachtdrager Categorie E
  28. 11/08/2022
    nominationTom Leemans — bijzondere volmachtdrager Categorie E
  29. 11/08/2022
    nominationHayat Karahisarli — bijzondere volmachtdrager Categorie E
  30. 11/08/2022
    nominationGeert Ost — bijzondere volmachtdrager Categorie F
  31. 14/02/2022
    nominationFrédéric Meire — persoon belast met dagelijks bestuur
  32. 2021
    Annual accounts 2021-28,8 M €↑
  33. 2020
    Annual accounts 2020-41 M €↓
  34. 2019
    Annual accounts 2019-783,8 k €↓
  35. 2018
    Annual accounts 2018135 k €↑
  36. 2017
    Annual accounts 2017-10,3 M €↓
  37. 2016
    Annual accounts 20167,6 M €↑
  38. 2015
    Annual accounts 2015-208,4 k €↓
  39. 2014
    Annual accounts 201438,9 M €↑
  40. 2013
    Annual accounts 2013-16,6 M €↓
  41. 2012
    Annual accounts 20124,9 M €↑
  42. 2011
    Annual accounts 2011-4,2 M €↑
  43. 2010
    Annual accounts 2010-6 M €↓
  44. 2009
    Annual accounts 2009-704,7 k €
  45. 27/04/2009
    IncorporationPublic limited company