ACTIVE

GT-FOAM

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Financial year 2025 · Closed on 31/12/2025

Net result1,5 M €-1,4 %over 1 year

Gross margin2,9 M €-2,2 %over 1 year

Equity3 M €-23,5 %over 1 year

Workforce12,9 ETP-7,2 %over 1 year

Identity

Source · BCE/KBO

GT-FOAM is a Private limited company incorporated in 2009. Its main activity is: Electrical, plumbing and other construction installation activities. Its registered office is in Ravels. It employs on average 12,9 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0816.904.702
Incorporation: 08/07/2009
Legal form: Private limited company
Registered office: Nijverheidsstraat 8
2381 Ravels · FlandreSee on map
Contributed capital: 101 090,00 €
Latest accounts: 31/12/2025
Average workforce: 12,9 ETP

Activities (NACE)

43230Electrical, plumbing and other construction installation activities· main 43291Other construction installation 43211Electrical installation 43211Electrical installation 43350Building completion and finishing 43390Other building completion and finishing

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 17 filings

Trend over 17 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	2,9 M €	-2.2%	3 M €	-1.2%	3 M €	+25.3%	2,4 M €	+45.7%	1,6 M €
EBITDA	1,9 M €	-2.5%	2 M €	-2.3%	2 M €	+28.1%	1,6 M €	+54.3%	1 M €
Operating result	1,7 M €	-2.6%	1,8 M €	-0.7%	1,8 M €	+31.5%	1,4 M €	+57.9%	854,8 k €
Net result	1,5 M €	-1.4%	1,5 M €	+4.6%	1,5 M €	+34.3%	1,1 M €	+65.5%	653,7 k €
Balance sheet
Equity	3 M €	-23.5%	3,9 M €	+29.6%	3 M €	+51.4%	2 M €	+75.8%	1,1 M €
Total assets	5,9 M €	+14.9%	5,1 M €	+25.1%	4,1 M €	+34.1%	3 M €	+43.2%	2,1 M €
Cash	1,3 M €	+23.6%	1 M €	+73.1%	600,4 k €	-1.7%	610,8 k €	+65.5%	369,1 k €
Debts	2,7 M €	+174%	995,1 k €	+7.1%	929,1 k €	-0.3%	932 k €	+4.8%	889,1 k €
Other
Workforce	12,9 ETP	-7.2%	13,9 ETP	-5.4%	14,7 ETP	+6.5%	13,8 ETP	+15.0%	12,0 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 31/12/2025

3 active · 8 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
INSULATION PARTNERS1037.461.223Represented by Frank Reekmans	Directorsince 20/05/2026
GTF INVEST1007.100.520Represented by Pieter Rober	Director
J&N Invest0803.067.849Represented by Nick Van Den Broeck	Director

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Guy Alois VAN DEN BROECK	Manager01/08/2009 → 2015 accounts
Guy VANDENBROECK	Manager01/08/2009 → 2009 accounts
Tom Jozef Paulina VAN DE PERRE	Manager07/07/2009 → 2009 accounts
TOM JOZEF VAN DE PERRE	Manager07/07/2009 → 2015 accounts

Other companies at this address

Nijverheidsstraat 8 2381 Ravels

Company	CBE no.
GTF INVEST● Active	1007.100.520
INSULATION PARTNERS● Active	1037.461.223
't Stoeltje● Liquidation	0421.764.116

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	24/07/2026	29/07/2025	05/03/2024	26/07/2023	29/07/2022	23/07/2021
General meeting	30/06/2026	30/06/2025	05/03/2024	30/06/2023	30/06/2022	30/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 17 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	24/07/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	29/07/2025	Dutch	PDF
Abridged model	31/12/2023	05/03/2024	05/03/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	26/07/2023	Dutch	PDF
Abridged model	31/12/2021	30/06/2022	29/07/2022	Dutch	PDF
Abridged model	31/12/2020	30/06/2021	23/07/2021	Dutch	PDF
Abridged model	31/12/2019	05/06/2020	30/06/2020	Dutch	PDF
Abridged model	31/12/2018	07/06/2019	27/06/2019	Dutch	PDF
Abridged model	31/12/2017	01/06/2018	29/06/2018	Dutch	PDF
Abridged model	31/12/2016	30/06/2017	28/07/2017	Dutch	PDF
Abridged model	31/12/2015	03/06/2016	01/07/2016	Dutch	PDF
Abridged model	31/12/2014	05/06/2015	23/06/2015	Dutch	PDF
Abridged model	31/12/2013	06/06/2014	14/06/2014	Dutch	PDF
Abridged model	31/12/2012	07/06/2013	04/07/2013	Dutch	PDF
Abridged model	31/12/2011	29/06/2012	07/08/2012	Dutch	PDF
Abridged model	31/12/2010	03/06/2011	04/07/2011	Dutch	PDF
Abridged model	31/12/2009	04/06/2010	30/06/2010	Dutch	PDF

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 31/12/2025

3 active · 8 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
INSULATION PARTNERS1037.461.223Represented by Frank Reekmans	Directorsince 20/05/2026
GTF INVEST1007.100.520Represented by Pieter Rober	Director
J&N Invest0803.067.849Represented by Nick Van Den Broeck	Director

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Guy Alois VAN DEN BROECK	Manager01/08/2009 → 2015 accounts
Guy VANDENBROECK	Manager01/08/2009 → 2009 accounts
Tom Jozef Paulina VAN DE PERRE	Manager07/07/2009 → 2009 accounts
TOM JOZEF VAN DE PERRE	Manager07/07/2009 → 2015 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates16/06/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/04/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/11/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/09/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/05/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/09/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/08/2016
ONTSLAGEN - BENOEMINGEN
PDF
Registered office06/07/2015
MAATSCHAPPELIJKE ZETEL
PDF

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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

Filings17 filings

Mandates

INSULATION PARTNERS

J&N Invest

GTF INVEST

Guy VANDENBROECK

Guy Alois VAN DEN BROECK

Tom Jozef Paulina VAN DE PERRE

TOM JOZEF VAN DE PERRE

MN PROJECTS

SNV

Nick Van Den Broeck

Guy Van Den Broeck

200920102011201220132014201520162017201820192020202120222023202420252026

GT-FOAM

Nijverheidsstraat 8, 2381 Weelde

Director

Manager

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Nijverheidsstraat 8, 2381 WeeldeCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00328116

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
GT-FOAMCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00328116

Events

2025
Annual accounts 20251,5 M €↓
2024
Annual accounts 20241,5 M €↑
2023
Annual accounts 20231,5 M €↑
2022
Annual accounts 20221,1 M €↑
2021
Annual accounts 2021653,7 k €↑
2020
Annual accounts 2020281,9 k €↓
2019
Annual accounts 2019315,3 k €↑
2018
Annual accounts 2018224,5 k €↑
2017
Annual accounts 2017151,8 k €↓
2016
Annual accounts 2016248,9 k €↑
2015
Annual accounts 2015184,9 k €↑
2014
Annual accounts 2014169,3 k €↑
2013
Annual accounts 201381,7 k €↑
2012
Annual accounts 201277,6 k €↑
2011
Annual accounts 201155,3 k €↑
2010
Annual accounts 201021,5 k €↑
2009
Annual accounts 2009121 €
08/07/2009
IncorporationPrivate limited company

GT-FOAM

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events