ACTIVE

GIFTIFY

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Financial year 2025 · closed on 31/12/2025

Net result

90,9 k €

-70.0% YoY

Gross margin

2,2 M €

-2.6% YoY

Equity

1,3 M €

+7.6% YoY

Workforce

22,3 ETP

+16.8% YoY

What does GIFTIFY do?

GIFTIFY is a Public limited company incorporated in 2009. Its main activity is: Manufacture of loaded electronic boards. Its registered office is in Bruxelles. It employs on average 22,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0820.246.648

Incorporation

23/10/2009

Legal form

Public limited company

Registered office

Cantersteen 47
1000 Bruxelles · BruxellesSee on map

Contributed capital

162 000,00 €

Latest accounts

31/12/2025

Average workforce

22,3 ETP

Activities (NACE)

26120Manufacture of loaded electronic boards· main 26120Manufacture of loaded electronic boards 46500Wholesale of information and communication equipment 46520Wholesale of electronic and telecommunications equipment and parts 70200Management consultancy activities 70220Business and other management consultancy activities

Signals

ProfitablePositive cashflowHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2025		2024		2023		2022		2021		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011
Income statement
Gross margin	2,2 M €	-2.6%	2,3 M €	+8.2%	2,1 M €	+2.0%	2,1 M €	+53.8%	1,3 M €	-35.0%	2,1 M €	+26.2%	1,6 M €	+85.5%	884,1 k €	+20.0%	736,6 k €	+54.8%	475,9 k €	+37.5%	346,1 k €	-8.3%	377,6 k €	+35.9%	277,9 k €	+82.4%	152,3 k €	+353%	33,6 k €	+1273%	-2,9 k €
EBITDA	-11,4 k €	-101%	1,3 M €	+133%	549 k €	-54.6%	1,2 M €	+166%	454 k €	-33.1%	679,1 k €	+69.1%	401,7 k €	+75.1%	229,4 k €	+22.4%	187,4 k €	+35.0%	138,8 k €	+8.7%	127,7 k €	-16.4%	152,7 k €	+41.1%	108,2 k €	+103%	53,3 k €	+328%	12,5 k €	+535%	-2,9 k €
Operating result	-480,9 k €	-163%	766,7 k €	+2405%	-33,3 k €	-106%	583,4 k €	+421%	112 k €	-43.3%	197,5 k €	+72.7%	114,3 k €	+163%	43,5 k €	+11.7%	39 k €	-27.0%	53,4 k €	-22.3%	68,7 k €	-12.4%	78,5 k €	+173%	28,8 k €	+399%	-9,6 k €	+41.5%	-16,5 k €	-474%	-2,9 k €
Net result	90,9 k €	-70.0%	302,6 k €	+20.1%	251,9 k €	+211%	81,1 k €	+128%	35,6 k €	-74.6%	140,3 k €	+125%	62,3 k €	+321%	14,8 k €	+1.1%	14,7 k €	-60.9%	37,4 k €	+3.0%	36,3 k €	+4.2%	34,9 k €	+40.8%	24,8 k €	+645%	3,3 k €	+137%	-9 k €	-210%	-2,9 k €
Balance sheet
Equity	1,3 M €	+7.6%	1,2 M €	+34.1%	887,6 k €	+39.6%	635,7 k €	+14.6%	554,6 k €	+6.9%	519 k €	+37.1%	378,6 k €	+19.7%	316,3 k €	+4.9%	301,5 k €	+5.1%	286,8 k €	+15.0%	249,4 k €	+17.1%	213,1 k €	+19.6%	178,2 k €	+16.1%	153,4 k €	+2.2%	150,1 k €	+154%	59,1 k €
Total assets	64,5 M €	+16.8%	55,2 M €	+24.2%	44,5 M €	-62.3%	117,9 M €	+81.0%	65,1 M €	+51.5%	43 M €	+251%	12,3 M €	+38.1%	8,9 M €	+244%	2,6 M €	+56.6%	1,6 M €	+45.6%	1,1 M €	+13.1%	999,8 k €	+45.8%	685,8 k €	+31.6%	521 k €	+127%	229,4 k €	+283%	59,9 k €
Cash	34,9 M €	+28.2%	27,3 M €	+21.9%	22,4 M €	-74.6%	88 M €	+111%	41,7 M €	+63.8%	25,5 M €	+1303%	1,8 M €	-68.7%	5,8 M €	+1527%	356,2 k €	+3.1%	345,4 k €	+38.8%	248,8 k €	+11.4%	223,4 k €	+41.7%	157,6 k €	+910%	15,6 k €	+49.4%	10,4 k €	+26389%	39,5 €
Debts	62,3 M €	+16.3%	53,6 M €	+25.6%	42,6 M €	-63.5%	116,7 M €	+81.6%	64,3 M €	+52.3%	42,2 M €	+279%	11,2 M €	+33.3%	8,4 M €	+269%	2,3 M €	+67.0%	1,4 M €	+54.5%	878,6 k €	+11.7%	786,7 k €	+55.0%	507,5 k €	+38.7%	365,9 k €	+367%	78,3 k €	+9728%	796,6 €
Other
Workforce	22,3 ETP	+16.8%	19,1 ETP	-3.5%	19,8 ETP	+29.4%	15,3 ETP	-27.5%	21,1 ETP	-12.1%	24,0 ETP	+17.1%	20,5 ETP	+57.7%	13,0 ETP	+30.0%	10,0 ETP	+49.3%	6,7 ETP	+67.5%	4,0 ETP	-11.1%	4,5 ETP	+21.6%	3,7 ETP	+37.0%	2,7 ETP	+350%	0,6 ETP		–

Estimate

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 10 ended

Active mandates

Robert Masse

Director · since 20 août 2015

Active

Ended mandates

Jade Hazard

Director · since 01 juin 2025

Ended

Robert Masse

Director · since 01 juin 2025

Ended

Sandra Vanvooren

Director · since 01 juin 2025

Ended

Jade Vanvooren

Director · since 28 mars 2023 · until 25 mai 2029

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2021
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	01/04/2021	01/04/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/03/2021
Length of the financial year	12 months	12 months	12 months	12 months	9 months	12 months
Filing date	30/07/2026	07/10/2025	24/07/2024	29/08/2023	07/11/2022	22/11/2021
General meeting	15/07/2026	04/09/2025	30/06/2024	30/07/2023	13/10/2022	28/10/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

16 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	15/07/2026	30/07/2026	French	PDF
Abridged model	31/12/2024	04/09/2025	07/10/2025	French	PDF
Abridged model	31/12/2023	30/06/2024	24/07/2024	French	PDF
Abridged model	31/12/2022	30/07/2023	29/08/2023	French	PDF
Abridged model	31/12/2021	13/10/2022	07/11/2022	French	PDF
Abridged model	31/03/2021	28/10/2021	22/11/2021	French	PDF
Abridged model	31/03/2020	20/08/2020	15/09/2020	French	PDF
Abridged model	31/03/2019	30/09/2019	14/10/2019	French	PDF
Abridged model	31/03/2018	27/09/2018	01/10/2018	French	PDF
Abridged model	31/03/2017	14/09/2017	02/10/2017	French	PDF
Abridged model	31/03/2016	15/09/2016	04/10/2016	French	PDF
Abridged model	31/03/2015	20/08/2015	02/10/2015	French	PDF
Abridged model	31/03/2014	21/08/2014	06/10/2014	French	PDF
Abridged model	31/03/2013	16/08/2013	08/10/2013	French	PDF
Abridged model	31/03/2012	16/08/2012	19/10/2012	French	PDF
Abridged model	31/03/2011	18/08/2011	30/12/2011	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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 · 1 active · 10 ended

Active mandates

Robert Masse

Director · since 20 août 2015

Active

Ended mandates

Jade Hazard

Director · since 01 juin 2025

Ended

Robert Masse

Director · since 01 juin 2025

Ended

Sandra Vanvooren

Director · since 01 juin 2025

Ended

Jade Vanvooren

Director · since 28 mars 2023 · until 25 mai 2029

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates31/07/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates27/01/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates04/07/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates16/08/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates12/04/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates23/12/2021
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DENOMINATION - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE - ANNEE COMPTABLE
PDF
Registered office27/06/2017
SIEGE SOCIAL
PDF
Mandates30/11/2016
DEMISSIONS, NOMINATIONS
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

2025
Annual accounts 202590,9 k €↓
13/01/2025
nominationTamara Sigrid de Leeuw — Administratrice
2024
Annual accounts 2024302,6 k €↑
2023
Annual accounts 2023251,9 k €↑
09/06/2023
nominationJoan Carette — Administratrice
28/03/2023
nominationJade Hazard — Administratrice
2022
Annual accounts 202281,1 k €↑
2021
Annual accounts 202135,6 k €↓
2021
Annual accounts 2021140,3 k €↑
2020
Annual accounts 202062,3 k €↑
2019
Annual accounts 201914,8 k €↑
2018
Annual accounts 201814,7 k €↓
2017
Annual accounts 201737,4 k €↑
2016
Annual accounts 201636,3 k €↑
2015
Annual accounts 201534,9 k €↑
2014
Annual accounts 201424,8 k €↑
2013
Annual accounts 20133,3 k €↑
2012
Annual accounts 2012-9 k €↓
2011
Annual accounts 2011-2,9 k €
23/10/2009
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

GIFTIFY

Overview

What does GIFTIFY do?

Trend over 16 financial years

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