ACTIVE

Global Development Solutions

Financial year 2025 · closed on 31/12/2025
Net result
339,8 k €
-39.3% YoY
Gross margin
476,8 k €
Equity
1,6 M €
+26.4% YoY

What does Global Development Solutions do?

Global Development Solutions is a Private limited company incorporated in 2010. Its registered office is in Oostkamp.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0828.719.795
Incorporation
25/08/2010
Legal form
Private limited company
Registered office
Kapellestraat 117
8020 Oostkamp · FlandreSee on map
Contributed capital
368 600,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 14 financial years

20252024202320222021201920182017201620152014201320122011
Income statement
Gross margin476,8 k €2,1 M €1,8 M €-23,9 k €180,5 k €-49,7 k €-3,8 k €-3,2 k €
EBITDA473,7 k €682,5 k €-311,8 k €100,1 k €2,3 M €713,7 k €388,4 k €2,0 M €1,2 M €-24,1 k €180,2 k €-49,8 k €-4,2 k €-3,2 k €
Operating result473,7 k €682,5 k €-311,8 k €100,1 k €2,3 M €435,0 k €388,4 k €2,0 M €1,2 M €-24,1 k €180,2 k €-49,8 k €-4,2 k €-3,2 k €
Net result339,8 k €559,9 k €-327,3 k €67,9 k €1,8 M €253,4 k €254,8 k €1,2 M €595,0 k €-46,5 k €64,7 k €-109,8 k €-10,3 k €-3,4 k €
Balance sheet
Equity1,6 M €1,3 M €726,6 k €1,1 M €3,0 M €2,6 M €2,3 M €2,1 M €858,3 k €263,3 k €309,8 k €245,2 k €105,0 k €2,8 k €
Total assets2,4 M €2,1 M €2,2 M €4,8 M €6,1 M €12,5 M €6,5 M €5,4 M €12,3 M €8,4 M €6,0 M €5,9 M €1,8 M €133,7 k €
Cash475,7 k €163,5 k €432,2 k €2,7 M €2,3 M €253,3 k €370,1 k €567,0 k €1,8 M €23,1 k €22,0 k €35,6 k €74,2 k €22,7 k €
Debts785,9 k €844,9 k €1,4 M €3,8 M €2,9 M €9,8 M €4,1 M €3,1 M €11,0 M €8,0 M €5,6 M €5,6 M €1,7 M €130,8 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 13 ended

Active mandates

GLOBALINDUS

Director · 0879.020.730

Represented by Stany Wilms

Active

Ended mandates

GLOBALINDUS

Director · since 30 novembre 2017 · until 30 novembre 2023 · 0879.020.730

Represented by Luc Beke

Ended
GLOBALINDUS

Manager · since 30 novembre 2017 · until 30 novembre 2023 · 0879.020.730

Represented by Luc Beke

Ended
LANDICO

Director · since 30 novembre 2017 · until 01 juin 2020 · 0477.573.065

Represented by Vincent Titeca

Ended
LANDICO

Manager · since 30 novembre 2017 · until 30 novembre 2023 · 0477.573.065

Represented by Vincent Titeca

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged 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 date04/05/202622/05/202524/06/202429/06/202315/07/202227/07/2021
General meeting27/04/202602/05/202527/05/202420/06/202330/06/202230/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

15 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202527/04/202604/05/2026DutchPDF
Full model31/12/202402/05/202522/05/2025DutchPDF
Full model31/12/202327/05/202424/06/2024DutchPDF
Full model31/12/202220/06/202329/06/2023DutchPDF
Full model31/12/202130/06/202215/07/2022DutchPDF
Full model31/12/202030/06/202127/07/2021DutchPDF
Full model31/12/201920/06/202002/07/2020DutchPDF
Full model31/12/201820/06/201910/07/2019DutchPDF
Abridged model31/12/201720/06/201824/07/2018DutchPDF
Abridged model31/12/201620/06/201718/07/2017DutchPDF
Abridged model31/12/201520/06/201625/08/2016DutchPDF
Abridged model31/12/201420/06/201519/08/2015DutchPDF
Abridged model31/12/201320/06/201420/08/2014DutchPDF
Abridged model31/12/201220/06/201317/07/2013DutchPDF
Abridged model31/12/201120/06/201228/08/2012DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 · 13 ended

Active mandates

GLOBALINDUS

Director · 0879.020.730

Represented by Stany Wilms

Active

Ended mandates

GLOBALINDUS

Director · since 30 novembre 2017 · until 30 novembre 2023 · 0879.020.730

Represented by Luc Beke

Ended
GLOBALINDUS

Manager · since 30 novembre 2017 · until 30 novembre 2023 · 0879.020.730

Represented by Luc Beke

Ended
LANDICO

Director · since 30 novembre 2017 · until 01 juin 2020 · 0477.573.065

Represented by Vincent Titeca

Ended
LANDICO

Manager · since 30 novembre 2017 · until 30 novembre 2023 · 0477.573.065

Represented by Vincent Titeca

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates19/06/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Mandates06/10/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/06/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/09/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/06/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares27/06/2013
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Capital / shares04/01/2013
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates24/09/2012
    BENAMING - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN
    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 2025339,8 k €
  2. 2024
    Annual accounts 2024559,9 k €
  3. 2023
    Annual accounts 2023-327,3 k €
  4. 2022
    Annual accounts 202267,9 k €
  5. 2021
    Annual accounts 20211,8 M €
  6. 2019
    Annual accounts 2019253,4 k €
  7. 2018
    Annual accounts 2018254,8 k €
  8. 2017
    Annual accounts 20171,2 M €
  9. 2016
    Annual accounts 2016595,0 k €
  10. 2015
    Annual accounts 2015-46,5 k €
  11. 2014
    Annual accounts 201464,7 k €
  12. 2013
    Annual accounts 2013-109,8 k €
  13. 2012
    Annual accounts 2012-10,3 k €
  14. 2011
    Annual accounts 2011-3,4 k €
  15. 25/08/2010
    IncorporationPrivate limited company