ACTIVE

GIORGI

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Financial year 2025 · closed on 31/12/2025

Net result

32 k €

-65.5% YoY

Gross margin

201,7 k €

-55.5% YoY

Equity

761,1 k €

+4.4% YoY

Workforce

0,5 ETP

-86.8% YoY

What does GIORGI do?

GIORGI is a Private limited company incorporated in 2006. Its registered office is in Bastogne. It employs on average 0,5 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0879.224.628

Incorporation

08/02/2006

Legal form

Private limited company

Registered office

Rue de Marche 6
6600 Bastogne · WallonieSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Average workforce

0,5 ETP

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 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	201,7 k €	-55.5%	453,6 k €	-43.2%	799 k €	-8.0%	868,6 k €	+54.0%	564 k €	+48.0%	381,2 k €	-20.0%	476,4 k €	-3.8%	495,1 k €	+3.9%	476,6 k €	-9.9%	528,7 k €	+7.0%	494,1 k €	-14.2%	575,9 k €	+12.7%	510,9 k €	+6.2%	481,1 k €	+27.1%	378,5 k €	+9.6%	345,2 k €	+11.1%	310,9 k €	-14.9%	365,4 k €	+40.3%	260,5 k €
EBITDA	156,4 k €	-35.8%	243,6 k €	-47.3%	462,4 k €	-11.6%	523,1 k €	+37.8%	379,7 k €	+62.0%	234,5 k €	+23.7%	189,6 k €	-14.2%	220,8 k €	-9.5%	244,1 k €	-17.0%	294,3 k €	+2.5%	287,2 k €	-24.2%	378,9 k €	+27.6%	297 k €	+1.5%	292,6 k €	+17.4%	249,3 k €	+20.3%	207,1 k €	+19.1%	173,9 k €	-28.9%	244,5 k €	+34.3%	182,1 k €
Operating result	68,9 k €	-59.1%	168,4 k €	-58.0%	400,5 k €	-12.7%	458,6 k €	+43.3%	320,1 k €	+96.3%	163 k €	+47.4%	110,6 k €	-24.8%	147,2 k €	-14.7%	172,6 k €	-22.9%	223,8 k €	-1.3%	226,7 k €	-26.3%	307,5 k €	+43.9%	213,6 k €	+52.2%	140,4 k €	-9.8%	155,6 k €	+48.2%	105 k €	+34.9%	77,8 k €	+33.2%	58,4 k €	-21.7%	74,6 k €
Net result	32 k €	-65.5%	92,9 k €	-59.7%	230,8 k €	-26.7%	314,8 k €	+56.0%	201,8 k €	+142%	83,4 k €	+96.5%	42,4 k €	-37.4%	67,7 k €	-9.0%	74,4 k €	-35.4%	115,2 k €	-5.1%	121,4 k €	-29.2%	171,4 k €	+13.6%	150,9 k €	+144%	61,8 k €	-10.5%	69 k €	+77.9%	38,8 k €	+92.7%	20,1 k €	+383%	-7,1 k €	-118%	40,5 k €
Balance sheet
Equity	761,1 k €	+4.4%	729,1 k €	+7.4%	678,6 k €	+34.2%	505,5 k €	+31.2%	385,2 k €	+12.3%	343 k €	+32.1%	259,6 k €	+19.5%	217,2 k €	+45.3%	149,6 k €	+8.2%	138,2 k €	+17.1%	118 k €	-35.0%	181,7 k €	+25.0%	145,4 k €	+19.4%	121,8 k €	-9.8%	135 k €	-4.2%	141 k €	+31.5%	107,2 k €	+16.4%	92 k €	-11.6%	104,1 k €
Total assets	1,4 M €	-0.9%	1,4 M €	+9.6%	1,3 M €	-6.8%	1,3 M €	+21.7%	1,1 M €	+17.4%	943,5 k €	-7.6%	1 M €	+2.2%	998,6 k €	-2.2%	1 M €	+4.3%	978,9 k €	-10.3%	1,1 M €	-7.3%	1,2 M €	+2.3%	1,1 M €	+0.2%	1,1 M €	+15.7%	992 k €	+1.2%	980,1 k €	+0.4%	976,1 k €	+0.1%	975,4 k €	+130%	424,4 k €
Cash	346,6 k €	-41.4%	591,9 k €	-23.3%	772,1 k €	+10.6%	697,9 k €	+56.5%	446,1 k €	+19.8%	372,3 k €	-2.3%	381,2 k €	-0.5%	383,1 k €	+8.2%	354 k €	+51.7%	233,4 k €	+119%	106,7 k €	-77.0%	464,4 k €	+15.6%	401,7 k €	+48.7%	270,1 k €	-21.6%	344,5 k €	+34.1%	256,8 k €	-10.8%	288,1 k €	+36.0%	211,7 k €	+66.3%	127,3 k €
Debts	601,8 k €	-6.6%	644,4 k €	+11.6%	577,6 k €	-29.2%	815,7 k €	+12.9%	722,3 k €	+20.8%	598,1 k €	-21.1%	758,3 k €	-2.7%	779,6 k €	-10.6%	871,6 k €	+3.7%	840,7 k €	-13.6%	972,8 k €	-2.2%	994,5 k €	-1.0%	1 M €	-2.1%	1 M €	+19.7%	856,9 k €	+2.1%	839,1 k €	-3.3%	868 k €	-1.7%	883,4 k €	+181%	313,9 k €
Other
Workforce	0,5 ETP	-86.8%	3,8 ETP	-59.6%	9,4 ETP	+5.6%	8,9 ETP	-3.3%	9,2 ETP	-3.2%	9,5 ETP	+4.4%	9,1 ETP	+7.1%	8,5 ETP	+19.7%	7,1 ETP	-7.8%	7,7 ETP	+20.3%	6,4 ETP	+18.5%	5,4 ETP	-1.8%	5,5 ETP	0.0%	5,5 ETP	+17.0%	4,7 ETP	-6.0%	5,0 ETP	+4.2%	4,8 ETP	+50.0%	3,2 ETP	+68.4%	1,9 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 31/12/2025 · 2 active · 2 ended

Active mandates

Annick PONDANT

Director · since 01 janvier 2006

Active

Grégory FRASELLE

Director · since 01 janvier 2006

Active

Ended mandates

Annick PONDANT

Manager · since 01 janvier 2006

Ended

Grégory FRASELLE

Manager · since 01 janvier 2006

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	31/08/2026	14/08/2025	30/09/2024	28/08/2023	13/10/2022	27/10/2021
General meeting	21/08/2026	18/07/2025	18/09/2024	18/08/2023	11/10/2022	26/10/2021
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	21/08/2026	31/08/2026	French	PDF
Abridged model	31/12/2024	18/07/2025	14/08/2025	French	PDF
Abridged model	31/12/2023	18/09/2024	30/09/2024	French	PDF
Abridged model	31/12/2022	18/08/2023	28/08/2023	French	PDF
Abridged model	31/12/2021	11/10/2022	13/10/2022	French	PDF
Abridged model	31/12/2020	26/10/2021	27/10/2021	French	PDF
Abridged model	31/12/2019	30/06/2020	22/07/2020	French	PDF
Abridged model	31/12/2018	04/09/2019	18/09/2019	French	PDF
Abridged model	31/12/2017	26/06/2018	09/07/2018	French	PDF
Abridged model	31/12/2016	20/07/2017	16/08/2017	French	PDF
Abridged model	31/12/2015	19/09/2016	26/09/2016	French	PDF
Abridged model	31/12/2014	17/08/2015	27/08/2015	French	PDF
Abridged model	31/12/2013	23/09/2014	25/09/2014	French	PDF
Abridged model	31/12/2012	19/09/2013	23/09/2013	French	PDF
Abridged model	31/12/2011	17/08/2012	24/08/2012	French	PDF
Abridged model	31/12/2010	28/06/2011	22/07/2011	French	PDF
Abridged model	31/12/2009	19/08/2010	26/08/2010	French	PDF
Abridged model	31/12/2008	10/12/2009	15/12/2009	French	PDF
Abridged model	30/06/2007	26/02/2008	29/02/2008	French	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 31/12/2025 · 2 active · 2 ended

Active mandates

Annick PONDANT

Director · since 01 janvier 2006

Active

Grégory FRASELLE

Director · since 01 janvier 2006

Active

Ended mandates

Annick PONDANT

Manager · since 01 janvier 2006

Ended

Grégory FRASELLE

Manager · since 01 janvier 2006

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates06/02/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DENOMINATION - SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Capital / shares22/01/2018
CAPITAL, ACTIONS
PDF
Capital / shares07/02/2014
CAPITAL, ACTIONS
PDF
Capital / shares06/06/2008
CAPITAL, ACTIONS - DIVERS
PDF
Capital / shares24/01/2007
ANNEE COMPTABLE - ASSEMBLEE GENERALE - CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Other20/02/2006
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

2025
Annual accounts 202532 k €↓
2024
Annual accounts 202492,9 k €↓
2023
Annual accounts 2023230,8 k €↓
2022
Annual accounts 2022314,8 k €↑
2021
Annual accounts 2021201,8 k €↑
2020
Annual accounts 202083,4 k €↑
2019
Annual accounts 201942,4 k €↓
2018
Annual accounts 201867,7 k €↓
2017
Annual accounts 201774,4 k €↓
2016
Annual accounts 2016115,2 k €↓
2015
Annual accounts 2015121,4 k €↓
2014
Annual accounts 2014171,4 k €↑
2013
Annual accounts 2013150,9 k €↑
2012
Annual accounts 201261,8 k €↓
2011
Annual accounts 201169 k €↑
2010
Annual accounts 201038,8 k €↑
2009
Annual accounts 200920,1 k €↑
2008
Annual accounts 2008-7,1 k €↓
2007
Annual accounts 200740,5 k €
08/02/2006
IncorporationPrivate 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

GIORGI

Overview

What does GIORGI do?

Trend over 19 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