ACTIVE

GKW

Export PDF

Financial year 2025 · Closed on 31/12/2025

Net result584,3 k €+244,8 %over 1 year

Revenue38,2 M €+8,0 %over 1 year

Equity7,9 M €+8,0 %over 1 year

Workforce116,8 ETP-13,0 %over 1 year

Identity

Source · BCE/KBO

GKW is a Private limited company incorporated in 2005. Its main activity is: Construction of utility projects for electricity and telecommunications. Its registered office is in Ternat. It employs on average 116,8 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0876.638.686
Incorporation: 03/10/2005
Legal form: Private limited company
Registered office: Essenestraat 20
1740 Ternat · FlandreSee on map
Contributed capital: 50 000,00 €
Latest accounts: 31/12/2025
Average workforce: 116,8 ETP

Activities (NACE)

42220Construction of utility projects for electricity and telecommunications· main 42220Construction of utility projects for electricity and telecommunications 43990Other specialised construction activities n.e.c.43999Other specialised construction activities n.e.c.45215Maintenance and repair of motor vehicles 45250Maintenance and repair of motor vehicles

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 19 filings

Trend over 18 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	38,2 M €	+8.0%	35,3 M €	+9.4%	32,3 M €	-10.9%	36,2 M €	+13.7%	31,9 M €
EBITDA	5,9 M €	+98.7%	3 M €	+25.0%	2,4 M €	+3.6%	2,3 M €	+23.2%	1,9 M €
Operating result	1,3 M €	+58.3%	827,7 k €	+47.1%	562,8 k €	-53.2%	1,2 M €	-3.3%	1,2 M €
Net result	584,3 k €	+245%	169,4 k €	+128008%	132,3 €	-100.0%	710,7 k €	+2.1%	696,1 k €
Balance sheet
Equity	7,9 M €	+8.0%	7,3 M €	+2.4%	7,2 M €	+0.0%	7,2 M €	+5.2%	6,8 M €
Total assets	24,1 M €	+2.3%	23,6 M €	-5.0%	24,8 M €	+25.4%	19,8 M €	+21.9%	16,2 M €
Cash	305,4 k €	-72.6%	1,1 M €	-19.7%	1,4 M €	+6.2%	1,3 M €	-45.1%	2,4 M €
Debts	13,6 M €	-16.2%	16,3 M €	-8.1%	17,7 M €	+39.9%	12,6 M €	+34.5%	9,4 M €
Other
Workforce	116,8 ETP	-13.0%	134,2 ETP	-10.4%	149,8 ETP	-8.6%	163,9 ETP	+1.1%	162,1 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 4 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
AGA MANAGEMENT0683.785.068Represented by Göcen NURI	Directorsince 27/10/2017Manager27/10/2017 → 2018 accountsended
AHMALIZE0683.784.573Represented by Göcen AHMED	Directorsince 27/10/2017Manager27/10/2017 → 2018 accountsended
GOCEN & BENLI0683.784.870Represented by Gocen HUSEYIN	Directorsince 27/10/2017Manager27/10/2017 → 2018 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Huseyin Gocen	Manager02/01/2016 → 27/10/2017
Nuri Gocen	Manager02/01/2016 → 27/10/2017
Ahmed Gocen	Manager01/01/2010 → 27/10/2017

Other companies at this address

Essenestraat 20 1740 Ternat

Company	CBE no.
THV GKW - CANALCO● Active	0708.879.166
THV GKW - VISSER & SMIT HANAB● Active	0693.852.183
Tijdelijke maatschap GKW-Vindevogel● Active	0794.891.442
TM GKW - Argea● Active	0801.225.245
TM GKW-Canalco-Stroppa-Fluentis● Active	1010.682.392

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	05/10/2026	07/07/2025	12/07/2024	29/08/2023	12/08/2022	29/07/2021
General meeting	30/09/2026	20/06/2025	21/06/2024	23/08/2023	09/08/2022	30/06/2021
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

Financial ratios

Source · NBB

Looking for more information about this company?

Try for free

Annual accounts filings

Source · NBB, 19 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	30/09/2026	05/10/2026	Dutch	PDF
Full model	31/12/2024	20/06/2025	07/07/2025	Dutch	PDF
Full model	31/12/2023	21/06/2024	12/07/2024	Dutch	PDF
Full model	31/12/2022	23/08/2023	29/08/2023	Dutch	PDF
Full model	31/12/2021	09/08/2022	12/08/2022	Dutch	PDF
Full model	31/12/2020	30/06/2021	29/07/2021	Dutch	PDF
Full model	31/12/2019	30/06/2020	29/07/2020	Dutch	PDF
Abridged model	31/12/2018	15/08/2019	29/08/2019	Dutch	PDF
Abridged model	31/12/2017	30/06/2018	31/08/2018	Dutch	PDF
Abridged model	30/06/2016	30/01/2017	03/02/2017	Dutch	PDF
Abridged model	30/06/2015	22/01/2016	28/01/2016	Dutch	PDF
Abridged model	30/06/2014	22/09/2014	26/09/2014	Dutch	PDF
Abridged model	30/06/2013	20/12/2013	17/01/2014	Dutch	PDF
Abridged model	31/12/2011	29/08/2012	03/09/2012	Dutch	PDF
Abridged model	31/12/2010	27/05/2011	05/09/2011	Dutch	PDF
Abridged model	31/12/2009	28/05/2010	14/09/2010	Dutch	PDF
Abridged model	31/12/2008	29/05/2009	07/10/2009	Dutch	PDF
Abridged model	31/12/2007	30/05/2008	14/07/2008	Dutch	PDF
Abridged model	31/12/2006	25/05/2007	07/06/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 4 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
AGA MANAGEMENT0683.785.068Represented by Göcen NURI	Directorsince 27/10/2017Manager27/10/2017 → 2018 accountsended
AHMALIZE0683.784.573Represented by Göcen AHMED	Directorsince 27/10/2017Manager27/10/2017 → 2018 accountsended
GOCEN & BENLI0683.784.870Represented by Gocen HUSEYIN	Directorsince 27/10/2017Manager27/10/2017 → 2018 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Huseyin Gocen	Manager02/01/2016 → 27/10/2017
Nuri Gocen	Manager02/01/2016 → 27/10/2017
Ahmed Gocen	Manager01/01/2010 → 27/10/2017

Ownership and network

Looking for more information about this company?

Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates19/07/2023
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/06/2020
ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
PDF
Registered office09/04/2019
MAATSCHAPPELIJKE ZETEL - DOEL
PDF
Mandates07/02/2018
ONTSLAGEN - BENOEMINGEN
PDF
Other17/07/2017
BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office09/12/2013
MAATSCHAPPELIJKE ZETEL
PDF
Registered office24/10/2013
BENAMING - MAATSCHAPPELIJKE ZETEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other17/01/2013
ALGEMENE VERGADERING - BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings18 filings

Mandates

AHMALIZE

GOCEN & BENLI

AGA MANAGEMENT

Nuri Gocen

Huseyin Gocen

Ahmed Gocen

Soner BARLAS

2005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

GKWGENTSE KABELWERKEN

Essenestraat 20, 1740 Ternat

Director

Manager

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Essenestraat 20, 1740 TernatCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00550240

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
GKWCurrent	accounts 2013 → 2025	Accounts 2025 · 2026-00550240
GENTSE KABELWERKEN	accounts 2006 → 2011	Accounts 2011 · 2012-55500370

Events

2025
Annual accounts 2025584,3 k €↑
2024
Annual accounts 2024169,4 k €↑
2023
Annual accounts 2023132,3 €↓
2022
Annual accounts 2022710,7 k €↑
2021
Annual accounts 2021696,1 k €↓
2019
Annual accounts 20191,5 M €↓
2018
Annual accounts 20181,6 M €↓
2017
Annual accounts 20172,4 M €↑
2016
Annual accounts 201683,3 k €↑
2015
Annual accounts 201581,7 k €↓
2014
Annual accounts 2014242,9 k €↑
2013
Annual accounts 2013179,7 k €↑
2013
Name changeGKW
2011
Annual accounts 201142,7 k €↓
2010
Annual accounts 2010189,3 k €↑
2009
Annual accounts 200932,9 k €↓
2008
Annual accounts 2008260,6 k €↓
2007
Annual accounts 2007587,6 k €↑
2006
Annual accounts 2006108,8 k €
03/10/2005
IncorporationPrivate limited company

GKW

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events