ACTIVE

GOLDFIRE

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Financial year 2025 · closed on 31/12/2025

Net result

-42,6 k €

+57.3% YoY

Gross margin

209,4 k €

+10.8% YoY

Equity

254,9 k €

-14.3% YoY

Workforce

4,0 ETP

-2.4% YoY

What does GOLDFIRE do?

GOLDFIRE is a Public limited company incorporated in 2004. Its main activity is: Engineering activities and related technical consultancy. Its registered office is in Forest. It employs on average 4,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0862.631.490

Incorporation

13/01/2004

Legal form

Public limited company

Registered office

Rue Bollinckx 241-243
1190 Forest · BruxellesSee on map

Contributed capital

739 086,00 €

Latest accounts

31/12/2025

Average workforce

4,0 ETP

Activities (NACE)

71121Engineering activities and related technical consultancy· main 71121Engineering activities and related technical consultancy 74203Photographic activities

Joint committees (2)

Signals

Solid equityLow riskGood liquidityHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	209,4 k €	+10.8%	189,1 k €	+69.0%	111,8 k €	-60.5%	283,2 k €	-45.2%	516,3 k €	+20.6%	428,2 k €	-9.5%	473,2 k €	+62.6%	291,1 k €	+35.6%	214,6 k €	-3.0%	221,3 k €	+40.1%	157,9 k €	+135%	67,2 k €	-48.4%	130,2 k €	+124%	58,2 k €	-42.1%	100,5 k €	+258%	28,1 k €	+151%	-55,2 k €	-13.0%	-48,8 k €	+1.6%	-49,6 k €	-166%	-18,7 k €
EBITDA	-23,6 k €	+71.1%	-81,4 k €	+61.2%	-209,9 k €	-556%	-32 k €	-118%	173,2 k €	+158%	67,1 k €	-47.4%	127,6 k €	+1389%	-9,9 k €	-116%	61,9 k €	-48.4%	119,8 k €	+25.2%	95,7 k €	+614%	13,4 k €	-82.7%	77,2 k €	+1145%	6,2 k €	-87.6%	50,2 k €	+252%	-32,9 k €	+80.5%	-168,9 k €	-58.0%	-106,9 k €	-57.0%	-68,1 k €	-19.5%	-57 k €
Operating result	-38,1 k €	+60.6%	-96,7 k €	+57.1%	-225,3 k €	-412%	-44 k €	-126%	166,8 k €	+160%	64,3 k €	-48.6%	125,1 k €	+717%	-20,3 k €	-136%	57 k €	-48.8%	111,3 k €	+34.7%	82,7 k €	+1642%	4,7 k €	-93.8%	76,5 k €	+131181%	58,3 €	-99.9%	40,6 k €	+163%	-64,9 k €	+71.2%	-224,9 k €	-24.9%	-180,1 k €	-19.6%	-150,6 k €	-10.7%	-136 k €
Net result	-42,6 k €	+57.3%	-99,8 k €	+56.0%	-226,7 k €	-407%	-44,8 k €	-127%	166,4 k €	+161%	63,7 k €	-48.8%	124,5 k €	+698%	-20,8 k €	-137%	56,2 k €	-49.1%	110,4 k €	+35.5%	81,5 k €	+1585%	4,8 k €	-93.7%	76,7 k €	+22157%	344,6 €	-99.2%	41 k €	+171%	-57,8 k €	+73.4%	-217,2 k €	-81.6%	-119,6 k €	+16.7%	-143,6 k €	-10.4%	-130 k €
Balance sheet
Equity	254,9 k €	-14.3%	297,5 k €	-25.1%	397,4 k €	-36.3%	624,1 k €	-6.7%	668,8 k €	+33.1%	502,4 k €	+14.5%	438,7 k €	+39.6%	314,2 k €	-6.2%	335,1 k €	+20.2%	278,8 k €	+65.5%	168,5 k €	+93.6%	87 k €	+5.9%	82,2 k €	+1402%	5,5 k €	+6.7%	5,1 k €	+114%	-35,8 k €	-224%	28,8 k €	-88.6%	252,8 k €	-33.3%	379,1 k €	+299%	-190,6 k €
Total assets	402,2 k €	+3.3%	389,4 k €	-17.7%	473,2 k €	-34.4%	721,8 k €	-9.7%	799,6 k €	+21.3%	659,2 k €	+20.5%	546,8 k €	+14.3%	478,4 k €	+16.2%	411,6 k €	+12.9%	364,4 k €	+34.4%	271,1 k €	+28.8%	210,5 k €	-4.3%	219,9 k €	+48.8%	147,8 k €	-13.5%	170,8 k €	+28.8%	132,6 k €	-37.4%	211,9 k €	-49.3%	417,8 k €	-22.4%	538,3 k €	+118%	246,7 k €
Cash	17,8 k €	-40.2%	29,7 k €	-73.1%	110,5 k €	-55.0%	245,4 k €	-33.5%	368,9 k €	+59.8%	230,8 k €	-19.9%	288 k €	+30.4%	220,9 k €	-4.5%	231,2 k €	+23.2%	187,6 k €	+63.9%	114,5 k €	+44.2%	79,4 k €	-13.8%	92,1 k €	+36.5%	67,5 k €	+0.8%	67 k €	+31.6%	50,9 k €	-20.4%	63,9 k €	+1125%	5,2 k €	-56.4%	12 k €	+724%	1,5 k €
Debts	147,3 k €	+60.2%	91,9 k €	+21.1%	75,9 k €	-22.3%	97,7 k €	-25.3%	130,7 k €	-16.6%	156,8 k €	+45.0%	108,1 k €	-34.1%	164,2 k €	+115%	76,5 k €	-10.6%	85,5 k €	-16.7%	102,7 k €	-16.8%	123,5 k €	-10.4%	137,8 k €	-3.2%	142,4 k €	-14.1%	165,7 k €	-1.6%	168,4 k €	-8.0%	183,1 k €	+11.0%	165 k €	+3.7%	159,2 k €	-63.6%	437,2 k €
Other
Workforce	4,0 ETP	-2.4%	4,1 ETP	-18.0%	5,0 ETP	-13.8%	5,8 ETP	-14.7%	6,8 ETP		–		–		–		–		–		1,3 ETP	+30.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	-16.7%	1,2 ETP	-40.0%	2,0 ETP	+66.7%	1,2 ETP	+200%	0,4 ETP	-50.0%	0,8 ETP

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 31/12/2025 · 1 active · 18 ended

Active mandates

Lucfire

Managing director · since 04 mai 2022 · until 10 juin 2027 · 0785.570.534

Represented by Luc MICHELLAND

Active

Ended mandates

Isabelle JESURAN

Director · since 20 mai 2019 · until 04 mai 2022

Ended

Isabelle JESURAN

Director · since 20 mai 2019 · until 20 mai 2025

Ended

Jacques KUMMER

Director · since 20 mai 2019 · until 04 mai 2022

Ended

Jacques KUMMER

Director · since 20 mai 2019 · until 20 mai 2025

Ended

At this address

Other companies at this address

Company	CBE no.
Lucfire● Active	0785.570.534
NO - MAD● Liquidation	0456.606.912
Profiles● Active	0458.830.388

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	04/08/2026	31/07/2025	04/06/2024	24/08/2023	01/07/2022	27/05/2021
General meeting	20/05/2026	20/05/2025	03/06/2024	08/06/2023	09/06/2022	20/05/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	20/05/2026	04/08/2026	French	PDF
Abridged model	31/12/2024	20/05/2025	31/07/2025	French	PDF
Abridged model	31/12/2023	03/06/2024	04/06/2024	French	PDF
Abridged model	31/12/2022	08/06/2023	24/08/2023	French	PDF
Abridged model	31/12/2021	09/06/2022	01/07/2022	French	PDF
Micro model	31/12/2020	20/05/2021	27/05/2021	French	PDF
Micro model	31/12/2019	18/05/2020	15/06/2020	French	PDF
Micro model	31/12/2018	20/05/2019	30/05/2019	French	PDF
Micro model	31/12/2017	22/05/2018	13/06/2018	French	PDF
Micro model	31/12/2016	20/05/2017	16/06/2017	French	PDF
Abridged model	31/12/2015	20/05/2016	08/06/2016	French	PDF
Abridged model	31/12/2014	20/05/2015	06/06/2015	French	PDF
Abridged model	31/12/2013	20/05/2014	06/06/2014	French	PDF
Abridged model	31/12/2012	21/05/2013	06/06/2013	French	PDF
Abridged model	31/12/2011	21/05/2012	20/06/2012	French	PDF
Abridged model	31/12/2010	20/05/2011	06/06/2011	French	PDF
Abridged model	31/12/2009	20/05/2010	18/06/2010	French	PDF
Abridged model	31/12/2008	20/05/2009	04/06/2009	French	PDF
Abridged model	31/12/2007	20/05/2008	28/05/2008	French	PDF
Abridged model	31/12/2006	21/05/2007	13/06/2007	French	PDF

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 31/12/2025 · 1 active · 18 ended

Active mandates

Lucfire

Managing director · since 04 mai 2022 · until 10 juin 2027 · 0785.570.534

Represented by Luc MICHELLAND

Active

Ended mandates

Isabelle JESURAN

Director · since 20 mai 2019 · until 04 mai 2022

Ended

Isabelle JESURAN

Director · since 20 mai 2019 · until 20 mai 2025

Ended

Jacques KUMMER

Director · since 20 mai 2019 · until 04 mai 2022

Ended

Jacques KUMMER

Director · since 20 mai 2019 · until 20 mai 2025

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates19/05/2022
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
PDF
Mandates21/06/2019
DEMISSIONS, NOMINATIONS
PDF
Registered office26/08/2016
SIEGE SOCIAL - ADRESSE AUTRE QUE SIEGE SOCIAL
PDF
Mandates23/10/2013
DEMISSIONS, NOMINATIONS
PDF
Registered office08/11/2010
SIEGE SOCIAL
PDF
Mandates04/10/2010
DEMISSIONS, NOMINATIONS
PDF
Registered office05/01/2009
SIEGE SOCIAL - ADRESSE AUTRE QUE SIEGE SOCIAL
PDF
Mandates29/09/2008
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 2025-42,6 k €↑
2024
Annual accounts 2024-99,8 k €↑
2023
Annual accounts 2023-226,7 k €↓
2022
Annual accounts 2022-44,8 k €↓
2021
Annual accounts 2021166,4 k €↑
2020
Annual accounts 202063,7 k €↓
2019
Annual accounts 2019124,5 k €↑
2018
Annual accounts 2018-20,8 k €↓
2017
Annual accounts 201756,2 k €↓
2016
Annual accounts 2016110,4 k €↑
2015
Annual accounts 201581,5 k €↑
2014
Annual accounts 20144,8 k €↓
2013
Annual accounts 201376,7 k €↑
2012
Annual accounts 2012344,6 €↓
2011
Annual accounts 201141 k €↑
2010
Annual accounts 2010-57,8 k €↑
2009
Annual accounts 2009-217,2 k €↓
2008
Annual accounts 2008-119,6 k €↑
2007
Annual accounts 2007-143,6 k €↓
2006
Annual accounts 2006-130 k €
13/01/2004
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

GOLDFIRE

Overview

What does GOLDFIRE do?

Trend over 20 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