ACTIVE

GOVPROP

Financial year 2025 · closed on 31/12/2025
Net result
334,7 k €
-76.7% YoY
Gross margin
3,4 M €
+115.3% YoY
Equity
2 M €
+20.1% YoY

What does GOVPROP do?

GOVPROP is a Private limited company incorporated in 2004. Its registered office is in Machelen (Brab.).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0869.915.893
Incorporation
09/11/2004
Legal form
Private limited company
Registered office
Culliganlaan 2
1831 Machelen (Brab.) · FlandreSee on map
Contributed capital
3 500 000,00 €
Latest accounts
31/12/2025
Signals
ProfitablePositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin3,4 M €1,6 M €-7,4 k €-8,3 k €-8,9 k €-9,6 k €
EBITDA2,9 M €1,6 M €-8,2 k €-8,3 k €-8,9 k €-10,5 k €174,1 k €-19 k €-15,5 k €-9,1 k €-14,6 k €-22,8 k €-24,1 k €-16,6 k €-222,2 k €-182,4 k €156,8 k €-82 k €-87,3 k €-75,6 k €
Operating result1,9 M €1,5 M €-8,2 k €-8,3 k €-8,9 k €-10,5 k €174,1 k €-19 k €-15,5 k €-9,1 k €-361,7 k €-22,8 k €-24,1 k €-16,6 k €-173,5 k €-32 k €156,8 k €-82 k €-87,3 k €-75,6 k €
Net result334,7 k €1,4 M €-8,2 k €-8,4 k €-9,2 k €-10,7 k €34,1 k €-146,4 k €-137,8 k €-126,6 k €-466,9 k €-131,7 k €-129,5 k €-126,5 k €-311,4 k €-231,4 k €-148,6 k €-365,2 k €-261,1 k €-199,5 k €
Balance sheet
Equity2 M €1,7 M €-3,3 M €-3,2 M €-3,2 M €-3,2 M €-3,2 M €-3,3 M €-3,1 M €-3 M €-2,8 M €-2,4 M €-2,2 M €-2,1 M €-2 M €-1,7 M €-1,4 M €-1,3 M €-930,1 k €-669 k €
Total assets33,5 M €33,6 M €17 k €26,3 k €34,6 k €44,1 k €53,5 k €1,2 M €1,5 M €1,5 M €1,5 M €2,4 M €2,4 M €2,4 M €2,3 M €2,9 M €5,7 M €6,1 M €2,8 M €1,8 M €
Cash352,8 k €609,1 k €17 k €26,3 k €34,6 k €44,1 k €53 k €705,6 k €39,9 k €12,6 k €21,5 k €46,9 k €155,3 k €255,7 k €981,3 k €414,5 k €262,2 k €46,1 k €41,4 k €5,4 k €
Debts31,2 M €31,9 M €3,3 M €3,3 M €3,3 M €3,3 M €3,3 M €4,3 M €4,5 M €4,3 M €4,2 M €4,6 M €4,5 M €4,3 M €4,2 M €4,5 M €7 M €7,3 M €3,6 M €2,3 M €
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 4 ended

Active mandates

Dominique Sturgess

Director · since 11 décembre 2024

Active
Rolf Nordstrom

Director · since 11 décembre 2024

Active

Ended mandates

Daniel Akselson

Manager · since 05 novembre 2004 · until 30 septembre 2015

Ended
Daniel Akselson

Manager · since 05 novembre 2004

Ended
Rolf Nordstrom

Director · since 05 novembre 2004

Ended
Rolf Nordstrom

Manager · since 05 novembre 2004

Ended
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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 date28/08/202626/09/202530/08/202429/08/202316/08/202225/08/2021
General meeting28/05/202603/09/202523/05/202425/05/202326/05/202227/05/2021
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

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202528/05/202628/08/2026DutchPDF
Abridged model31/12/202403/09/202526/09/2025DutchPDF
Abridged model31/12/202323/05/202430/08/2024DutchPDF
Abridged model31/12/202225/05/202329/08/2023DutchPDF
Abridged model31/12/202126/05/202216/08/2022DutchPDF
Abridged model31/12/202027/05/202125/08/2021DutchPDF
Full model31/12/201928/05/202029/09/2020DutchPDF
Full model31/12/201823/05/201929/08/2019DutchPDF
Full model31/12/201724/05/201830/08/2018DutchPDF
Full model31/12/201625/05/201724/08/2017DutchPDF
Full model31/12/201526/05/201630/08/2016FrenchPDF
Full model31/12/201428/05/201525/08/2015FrenchPDF
Full model31/12/201322/05/201426/09/2014FrenchPDF
Full model31/12/201223/05/201326/08/2013FrenchPDF
Full model31/12/201124/05/201228/08/2012FrenchPDF
Full model31/12/201026/05/201121/11/2011DutchPDF
Full model31/12/200927/05/201022/09/2010DutchPDF
Full model31/12/200828/05/200928/08/2009DutchPDF
Full model31/12/200722/05/200829/08/2008FrenchPDF
Full model31/12/200624/05/200730/08/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 · 2 active · 4 ended

Active mandates

Dominique Sturgess

Director · since 11 décembre 2024

Active
Rolf Nordstrom

Director · since 11 décembre 2024

Active

Ended mandates

Daniel Akselson

Manager · since 05 novembre 2004 · until 30 septembre 2015

Ended
Daniel Akselson

Manager · since 05 novembre 2004

Ended
Rolf Nordstrom

Director · since 05 novembre 2004

Ended
Rolf Nordstrom

Manager · since 05 novembre 2004

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office18/02/2026
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates30/06/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office28/01/2025
    SIEGE SOCIAL
    PDF
  • Registered office20/06/2017
    SIEGE SOCIAL
    PDF
  • Mandates25/07/2016
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Registered office07/11/2007
    BVBA: verplaatsing maatschappelijke zetel - aanneming franstalige versie
    PDF
  • Registered office07/11/2007
    SPRL: transfert du siège social - adoption d'une version française des
    PDF
  • Mandates10/03/2005
    ONTSLAGEN - BENOEMINGEN
    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 2025334,7 k €
  2. 2024
    Annual accounts 20241,4 M €
  3. 2023
    Annual accounts 2023-8,2 k €
  4. 2022
    Annual accounts 2022-8,4 k €
  5. 2021
    Annual accounts 2021-9,2 k €
  6. 2020
    Annual accounts 2020-10,7 k €
  7. 2019
    Annual accounts 201934,1 k €
  8. 2018
    Annual accounts 2018-146,4 k €
  9. 2017
    Annual accounts 2017-137,8 k €
  10. 2016
    Annual accounts 2016-126,6 k €
  11. 2015
    Annual accounts 2015-466,9 k €
  12. 2014
    Annual accounts 2014-131,7 k €
  13. 2013
    Annual accounts 2013-129,5 k €
  14. 2012
    Annual accounts 2012-126,5 k €
  15. 2011
    Annual accounts 2011-311,4 k €
  16. 2010
    Annual accounts 2010-231,4 k €
  17. 2009
    Annual accounts 2009-148,6 k €
  18. 2008
    Annual accounts 2008-365,2 k €
  19. 2007
    Annual accounts 2007-261,1 k €
  20. 2006
    Annual accounts 2006-199,5 k €
  21. 09/11/2004
    IncorporationPrivate limited company