ACTIVE

GLVDK

Financial year 2025 · closed on 31/12/2025
Net result
144,4 k €
-55.9% YoY
Gross margin
102,5 k €
-52.1% YoY
Equity
3,8 M €
-8.2% YoY

What does GLVDK do?

GLVDK is a Public limited company incorporated in 2010. Its main activity is: Activities of holding companies. Its registered office is in Kruisem.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0832.158.743
Incorporation
23/12/2010
Legal form
Public limited company
Registered office
Meirestraat(KRU) 13B
9770 Kruisem · FlandreSee on map
Contributed capital
625 000,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 15 financial years

202520242023202220212020201920182017201620152014201320122011
Income statement
Gross margin102,5 k €214 k €98 k €103,2 k €104,4 k €102,9 k €102,1 k €87,9 k €98,3 k €105,2 k €104,9 k €95,2 k €-9,4 k €-3,3 k €-6,1 k €
EBITDA102,3 k €213,5 k €97,4 k €102,8 k €104 k €102,5 k €101,7 k €86 k €97,9 k €104,8 k €104,5 k €94,9 k €-9,5 k €-3,5 k €-6,2 k €
Operating result102,3 k €213,5 k €93,1 k €98,5 k €99,6 k €98,2 k €97,4 k €81,7 k €93,5 k €100,4 k €100,2 k €90,5 k €-31,2 k €-3,5 k €-11,1 k €
Net result144,4 k €327,5 k €439,2 k €314,5 k €292,3 k €297,4 k €357,4 k €122,3 k €253,7 k €246,8 k €257,4 k €286,6 k €416,7 k €-3,5 k €-11,2 k €
Balance sheet
Equity3,8 M €4,1 M €3,8 M €4,3 M €4 M €3,7 M €3,6 M €3,2 M €3,1 M €2,8 M €2,6 M €2,3 M €3,9 M €3,5 M €3,5 M €
Total assets4,3 M €4,7 M €4,7 M €4,5 M €4,2 M €4,1 M €4 M €4 M €4,2 M €4,1 M €3,9 M €4,2 M €4,1 M €3,5 M €3,5 M €
Cash596,6 k €270,2 k €241,8 k €234,9 k €31,9 k €22,3 k €11 k €6,7 k €315,8 k €36,5 k €15,5 k €59,7 k €2,2 k €198,2 €3,7 k €
Debts582,3 k €635,4 k €926,4 k €138,3 k €205,5 k €384,3 k €462,8 k €807,3 k €1,1 M €1,2 M €1,4 M €1,9 M €182,1 k €14,8 k €14,8 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 · 2 active · 10 ended

Active mandates

Els Vandekerckhove

Director

Active
Geert Lippens

Director

Active

Ended mandates

Els Vandekerckhove

Managing director · since 13 juin 2022 · until 13 juin 2028

Ended
Geert Lippens

Managing director · since 13 juin 2022 · until 13 juin 2028

Ended
Els Vandekerckhove

Managing director · since 13 juin 2016 · until 13 juin 2022

Ended
ELS VANDEKERCKHOVE

Director · since 13 juin 2016 · until 13 juin 2022

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date25/06/202619/06/202513/06/202415/06/202316/06/202224/06/2021
General meeting08/06/202610/06/202510/06/202412/06/202313/06/202214/06/2021
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 model31/12/202508/06/202625/06/2026DutchPDF
Abridged model31/12/202410/06/202519/06/2025DutchPDF
Abridged model31/12/202310/06/202413/06/2024DutchPDF
Abridged model31/12/202212/06/202315/06/2023DutchPDF
Abridged model31/12/202113/06/202216/06/2022DutchPDF
Abridged model31/12/202014/06/202124/06/2021DutchPDF
Abridged model31/12/201908/06/202006/07/2020DutchPDF
Abridged model31/12/201811/06/201920/06/2019DutchPDF
Abridged model31/12/201711/06/201805/07/2018DutchPDF
Abridged model31/12/201612/06/201722/06/2017DutchPDF
Abridged model31/12/201513/06/201623/06/2016DutchPDF
Abridged model31/12/201408/06/201518/06/2015DutchPDF
Abridged model31/12/201310/06/201419/06/2014DutchPDF
Abridged model31/12/201210/06/201320/06/2013DutchPDF
Abridged model31/12/201111/06/201221/06/2012DutchPDF
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 · 2 active · 10 ended

Active mandates

Els Vandekerckhove

Director

Active
Geert Lippens

Director

Active

Ended mandates

Els Vandekerckhove

Managing director · since 13 juin 2022 · until 13 juin 2028

Ended
Geert Lippens

Managing director · since 13 juin 2022 · until 13 juin 2028

Ended
Els Vandekerckhove

Managing director · since 13 juin 2016 · until 13 juin 2022

Ended
ELS VANDEKERCKHOVE

Director · since 13 juin 2016 · until 13 juin 2022

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates28/11/2023
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office05/12/2018
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates27/06/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares03/03/2014
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other05/01/2011
    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 2025144,4 k €
  2. 2024
    Annual accounts 2024327,5 k €
  3. 2023
    Annual accounts 2023439,2 k €
  4. 2022
    Annual accounts 2022314,5 k €
  5. 2021
    Annual accounts 2021292,3 k €
  6. 2020
    Annual accounts 2020297,4 k €
  7. 2019
    Annual accounts 2019357,4 k €
  8. 2018
    Annual accounts 2018122,3 k €
  9. 2017
    Annual accounts 2017253,7 k €
  10. 2016
    Annual accounts 2016246,8 k €
  11. 2015
    Annual accounts 2015257,4 k €
  12. 2014
    Annual accounts 2014286,6 k €
  13. 2013
    Annual accounts 2013416,7 k €
  14. 2012
    Annual accounts 2012-3,5 k €
  15. 2011
    Annual accounts 2011-11,2 k €
  16. 23/12/2010
    IncorporationPublic limited company