ACTIVE

GDAR

Financial year 2025 · closed on 30/09/2025
Net result
64,4 k €
+86.3% YoY
Gross margin
133,4 k €
+68.2% YoY
Equity
358,1 k €
+10.5% YoY

What does GDAR do?

GDAR is a Private limited company incorporated in 2012. Its registered office is in Braine-le-Château.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0849.451.863
Incorporation
09/10/2012
Legal form
Private limited company
Registered office
Rue de Tubize 47
1440 Braine-le-Château · WallonieSee on map
Contributed capital
12 400,00 €
Latest accounts
30/09/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 12 financial years

202520242023202220212020201820172016201520142013
Income statement
Gross margin133,4 k €79,3 k €74,6 k €62 k €79,5 k €58,8 k €107,4 k €62,4 k €99 k €43,6 k €100,4 k €72 k €
EBITDA130,3 k €76,6 k €71,5 k €52,4 k €74,1 k €54,9 k €99,7 k €58,2 k €97,2 k €42,3 k €99,2 k €65,5 k €
Operating result101,5 k €49,2 k €45,3 k €29,8 k €55,7 k €35,9 k €82,9 k €44,9 k €37,2 k €39,1 k €96,4 k €63,7 k €
Net result64,4 k €34,6 k €33,2 k €16,8 k €39,7 k €22,7 k €49,2 k €27,2 k €24,2 k €23,2 k €60,6 k €42,8 k €
Balance sheet
Equity358,1 k €324 k €319,4 k €286,2 k €269,4 k €229,7 k €193,5 k €144,2 k €117 k €92,8 k €90,1 k €53,6 k €
Total assets535,5 k €503,5 k €490,6 k €484,7 k €507,7 k €454,5 k €480 k €438,3 k €451,6 k €134,1 k €142 k €71,4 k €
Cash66,3 k €57 k €86,6 k €37 k €83,8 k €24,8 k €37,2 k €56,5 k €67,1 k €81,1 k €87,5 k €52,1 k €
Debts177,4 k €179,5 k €171,2 k €198,5 k €238,4 k €223,5 k €286,5 k €294 k €311,7 k €41,3 k €51,9 k €17,9 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active · 2 ended

Active mandates

Djamal Djanan Ghoundiwal

Director · since 01 janvier 2020

Active

Ended mandates

Djamal Ghoundiwal

Administrator - manager

Ended
Djamal Ghoundiwal

Manager

Ended
At this address

Other companies at this address

CompanyCBE no.
BSWAGActive
0672.431.714
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date19/06/202631/03/202530/04/202406/04/202328/04/202213/04/2021
General meeting27/03/202628/03/202529/03/202431/03/202325/03/202226/03/2021
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

13 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro modelCorrection30/09/202527/03/202619/06/2026FrenchPDF
Micro model30/09/202527/03/202624/04/2026FrenchPDF
Micro model30/09/202428/03/202531/03/2025FrenchPDF
Micro model30/09/202329/03/202430/04/2024FrenchPDF
Micro model30/09/202231/03/202306/04/2023FrenchPDF
Micro model30/09/202125/03/202228/04/2022FrenchPDF
Micro model30/09/202026/03/202113/04/2021FrenchPDF
Micro model30/09/201830/03/201930/04/2019FrenchPDF
Micro model30/09/201730/03/201827/04/2018FrenchPDF
Abridged model30/09/201631/03/201727/04/2017FrenchPDF
Abridged model30/09/201525/03/201631/03/2016FrenchPDF
Abridged model30/09/201427/03/201531/03/2015FrenchPDF
Abridged model30/09/201328/03/201424/04/2014FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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 30/09/2025 · 1 active · 2 ended

Active mandates

Djamal Djanan Ghoundiwal

Director · since 01 janvier 2020

Active

Ended mandates

Djamal Ghoundiwal

Administrator - manager

Ended
Djamal Ghoundiwal

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates26/04/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - DENOMINATION - DEMISSIONS, NOMINATIONS
    PDF
  • Registered office08/08/2019
    SIEGE SOCIAL
    PDF
  • Other11/10/2012
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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 202564,4 k €
  2. 2024
    Annual accounts 202434,6 k €
  3. 2024
    Name changeGHOUNDIWAL DJAMAL ANESTHESISTE REANIMATE
  4. 2023
    Annual accounts 202333,2 k €
  5. 2022
    Annual accounts 202216,8 k €
  6. 2021
    Annual accounts 202139,7 k €
  7. 2021
    Name changeGDAR
  8. 2020
    Annual accounts 202022,7 k €
  9. 2018
    Annual accounts 201849,2 k €
  10. 2017
    Annual accounts 201727,2 k €
  11. 2016
    Annual accounts 201624,2 k €
  12. 2015
    Annual accounts 201523,2 k €
  13. 2014
    Annual accounts 201460,6 k €
  14. 2013
    Annual accounts 201342,8 k €
  15. 09/10/2012
    IncorporationPrivate limited company