ACTIVE

GB CONSTRUCT

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Financial year 2024 · closed on 31/12/2024

Net result

31,9 k €

-77.1% YoY

Gross margin

164,4 k €

-56.9% YoY

Equity

615,9 k €

+5.5% YoY

What does GB CONSTRUCT do?

GB CONSTRUCT is a Private company with limited liability incorporated in 2011. Its registered office is in Jabbeke.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0833.252.467

Incorporation

19/01/2011

Legal form

Private company with limited liability

Registered office

Steenovenstraat 23
8490 Jabbeke · FlandreSee on map

Contributed capital

6 200,00 €

Latest accounts

31/12/2024

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 14 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011
Income statement
Gross margin	164,4 k €	-56.9%	381,3 k €	+42.7%	267,2 k €	-1.2%	270,4 k €	-16.2%	322,6 k €	+32.9%	242,8 k €	+17.6%	206,5 k €	+10.5%	186,8 k €	+83.1%	102,0 k €	+43.6%	71,1 k €	-1.4%	72,1 k €	+280%	19,0 k €	-53.0%	40,4 k €	+51.3%	26,7 k €
EBITDA	75,7 k €	-65.8%	221,4 k €	+42.9%	155,0 k €	-5.7%	164,4 k €	-15.8%	195,1 k €	+32.1%	147,7 k €	-3.4%	152,9 k €	+1.5%	150,7 k €	+48.9%	101,2 k €	+44.0%	70,3 k €	-1.4%	71,3 k €	+290%	18,3 k €	-54.1%	39,8 k €	+51.8%	26,2 k €
Operating result	37,1 k €	-80.1%	185,8 k €	+51.0%	123,0 k €	-0.4%	123,5 k €	-31.4%	179,9 k €	+27.2%	141,5 k €	-2.4%	145,0 k €	+1.3%	143,1 k €	+52.0%	94,1 k €	+64.8%	57,1 k €	-11.6%	64,5 k €	+469%	11,4 k €	-66.0%	33,4 k €	+39.0%	24,1 k €
Net result	31,9 k €	-77.1%	139,3 k €	+118%	64,0 k €	-37.4%	102,3 k €	-23.1%	133,0 k €	+29.5%	102,7 k €	+0.3%	102,4 k €	+20.3%	85,1 k €	+36.7%	62,3 k €	+91.8%	32,5 k €	-24.2%	42,8 k €	+406%	8,5 k €	-65.6%	24,6 k €	+39.6%	17,6 k €
Balance sheet
Equity	615,9 k €	+5.5%	584,0 k €	+9.2%	534,7 k €	+13.6%	470,7 k €	+14.1%	412,4 k €	+47.6%	279,3 k €	+42.1%	196,6 k €	+27.5%	154,2 k €	+35.2%	114,1 k €	+29.9%	87,8 k €	+23.1%	71,3 k €	+47.1%	48,5 k €	+0.1%	48,4 k €	+103%	23,8 k €
Total assets	698,8 k €	-12.4%	797,6 k €	+7.2%	744,3 k €	+11.5%	667,8 k €	+17.9%	566,6 k €	+52.7%	371,1 k €	+7.1%	346,6 k €	+42.0%	244,1 k €	+27.2%	191,9 k €	+45.7%	131,7 k €	-10.8%	147,5 k €	+105%	71,8 k €	+26.6%	56,7 k €	+57.0%	36,1 k €
Cash	230,8 k €	+37.8%	167,5 k €	-17.2%	202,3 k €	+32.2%	153,1 k €	+181%	54,5 k €	+189%	18,9 k €	-33.7%	28,5 k €	-4.2%	29,7 k €	-64.7%	84,0 k €	+1947%	4,1 k €	-93.2%	60,6 k €	+193%	20,7 k €	-23.1%	26,9 k €	+5.5%	25,5 k €
Debts	82,9 k €	-60.9%	212,2 k €	+2.0%	208,0 k €	+5.8%	196,5 k €	+28.5%	152,9 k €	+66.8%	91,7 k €	-38.8%	149,9 k €	+66.7%	89,9 k €	+15.6%	77,8 k €	+77.2%	43,9 k €	-42.4%	76,2 k €	+227%	23,3 k €	+182%	8,3 k €	-32.7%	12,3 k €
Other
Workforce	–		–		–		–		–		2,1 ETP	+23.5%	1,7 ETP	+70.0%	1,0 ETP		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 5 ended

Active mandates

Benjamin Vanhoorenweder

Administrator - manager · since 14 janvier 2011

Active

Georges Vanhoorenweder

Administrator - manager · since 14 janvier 2011

Active

Ended mandates

Frederik Vanhoorenweder

Vice-chairman of the board of directors · since 01 octobre 2021 · until 30 décembre 2022

Ended

Benjamin Vanhoorenweder

Manager · since 14 janvier 2011

Ended

Georges Vanhoorenweder

Director · since 14 janvier 2011

Ended

Georges Vanhoorenweder

Manager · since 14 janvier 2011

Ended

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	25/06/2025	25/07/2024	07/06/2023	21/06/2022	27/08/2021	24/06/2020
General meeting	08/06/2025	20/07/2024	13/05/2023	19/06/2022	20/06/2021	03/06/2020
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

14 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2024	08/06/2025	25/06/2025	Dutch	PDF
Micro model	31/12/2023	20/07/2024	25/07/2024	Dutch	PDF
Micro model	31/12/2022	13/05/2023	07/06/2023	Dutch	PDF
Micro model	31/12/2021	19/06/2022	21/06/2022	Dutch	PDF
Micro model	31/12/2020	20/06/2021	27/08/2021	Dutch	PDF
Abridged model	31/12/2019	03/06/2020	24/06/2020	Dutch	PDF
Abridged model	31/12/2018	18/05/2019	06/06/2019	Dutch	PDF
Abridged model	31/12/2017	10/06/2018	26/06/2018	Dutch	PDF
Abridged model	31/12/2016	18/06/2017	30/06/2017	Dutch	PDF
Abridged model	31/12/2015	26/06/2016	12/07/2016	Dutch	PDF
Abridged model	31/12/2014	22/06/2015	12/07/2015	Dutch	PDF
Abridged model	31/12/2013	22/06/2014	10/07/2014	Dutch	PDF
Abridged model	31/12/2012	23/06/2013	24/06/2013	Dutch	PDF
Abridged model	31/12/2011	28/06/2012	24/07/2012	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 31/12/2024 · 2 active · 5 ended

Active mandates

Benjamin Vanhoorenweder

Administrator - manager · since 14 janvier 2011

Active

Georges Vanhoorenweder

Administrator - manager · since 14 janvier 2011

Active

Ended mandates

Frederik Vanhoorenweder

Vice-chairman of the board of directors · since 01 octobre 2021 · until 30 décembre 2022

Ended

Benjamin Vanhoorenweder

Manager · since 14 janvier 2011

Ended

Georges Vanhoorenweder

Director · since 14 janvier 2011

Ended

Georges Vanhoorenweder

Manager · since 14 janvier 2011

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Other10/02/2011
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

2024
Annual accounts 202431,9 k €↓
2023
Annual accounts 2023139,3 k €↑
2022
Annual accounts 202264,0 k €↓
2021
Annual accounts 2021102,3 k €↓
2020
Annual accounts 2020133,0 k €↑
2019
Annual accounts 2019102,7 k €↑
2018
Annual accounts 2018102,4 k €↑
2017
Annual accounts 201785,1 k €↑
2016
Annual accounts 201662,3 k €↑
2015
Annual accounts 201532,5 k €↓
2014
Annual accounts 201442,8 k €↑
2013
Annual accounts 20138,5 k €↓
2012
Annual accounts 201224,6 k €↑
2011
Annual accounts 201117,6 k €
19/01/2011
IncorporationPrivate company with limited liability

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

GB CONSTRUCT

Overview

What does GB CONSTRUCT do?

Trend over 14 financial years

Indicative valuation

Board of directors

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