ACTIVE

GHELAMCO GROUP

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Financial year 2024 · Closed on 31/12/2024

Net result8,7 M €+183,0 %over 1 year
Revenue1,3 M €+9,1 %over 1 year
Equity376,1 M €+2,4 %over 1 year
Workforce6,7 ETP-20,2 %over 1 year

Identity

Source · BCE/KBO

GHELAMCO GROUP is a Public limited company incorporated in 2006. Its main activity is: Activities of holding companies. Its registered office is in Ieper. It employs on average 6,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0879.623.417
Incorporation
27/02/2006
Legal form
Public limited company
Registered office
Zwaanhofweg 10
8900 Ieper · FlandreSee on map
Contributed capital
28 194 222,95 €
Latest accounts
31/12/2024
Average workforce
6,7 ETP
Joint committees (2)
  • 200
  • 218
Signals
ProfitableSolid equityPositive cashflowHealthy social debtsHigh revenue

Financials

Source · NBB, 36 filings

Trend over 18 financial years

20242023202220212020
Income statement
Revenue1,3 M €1,2 M €970,6 k €1,1 M €968,5 k €
EBITDA-6,1 M €-4 M €-6,8 M €-5,8 M €-4,8 M €
Operating result-6,6 M €-4,7 M €-7,8 M €-6,7 M €-5,3 M €
Net result8,7 M €-10,4 M €-23,8 M €-13,1 M €-23,5 M €
Balance sheet
Equity376,1 M €367,4 M €377,8 M €401,6 M €414,8 M €
Total assets1 Md €994,1 M €1 Md €999,1 M €910,1 M €
Cash688,4 k €335 k €136,2 k €664,2 k €147,3 k €
Debts550,3 M €574,1 M €596,1 M €547,1 M €458,1 M €
Other
Workforce6,7 ETP8,4 ETP6,9 ETP6,9 ETP6,8 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 250 M€ and 500 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

1 active · 4 ended

Active mandates

OPUS TERRAE

Director · since 23 février 2006 · 0879.054.283

Represented by Paul Gheysens

Active

Ended mandates

OPUS TERRAE

Manager · since 23 février 2006 · 0879.054.283

Represented by Paul Gheysens

Ended
OPUS TERRAE

Manager · since 23 février 2006 · 0879.054.283

Represented by Paul Gheysens

Ended
OPUS TERRAE

Manager · since 23 février 2006 · 0879.054.283

Represented by Paul Gheysens

Ended
OPUS TERRAE

Manager · 0879.054.283

Represented by Paul Gheysens

Ended

Other companies at this address

Zwaanhofweg 10 8900 Ieper
CompanyCBE no.
AVIATION HANDLING SERVICES● Active
0899.244.042
BELALAN LOUISE LEASEHOLD● Active
0885.570.012
BELGIAN TRADING COMPANY● Active
0441.998.316
BISCHOFFSHEIM FREEHOLD● Active
0568.776.722
BOUTIQUE HOTEL MANAGEMENT● Active
0893.885.583
BRUSSELS URBAN INVEST● Active
0845.471.695
CABOLI● Active
0648.879.025
CITRIEN● Active
0540.850.422
COLLARIS● Active
0761.438.419
CONSTRUCTION LINK● Active
0648.878.728
COPERNICUS SITE● Active
0882.662.980
De Nieuwe Filature● Active
0807.489.465
DIEGEM STATION II● Active
0805.706.744
D & Q● Active
0465.739.065
EUROSTADIUM EVENTS● Active
0867.296.202
Eurostadium Foot & Hospitality● Active
0632.552.638
Eurostadium Offices● Active
0632.550.361
EUROSTADIUM PARK● Active
0873.057.903
Eurostadium Parking● Active
0632.551.153
Eurostadium Storage● Active
0632.553.430

Full financial information

Source · NBB
202420232022202120202019
Type of accountFull modelFull modelFull modelFull modelConsolidated accountsConsolidated accounts
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date12/08/202531/07/202405/07/202329/06/202216/07/202116/07/2020
General meeting10/07/202510/07/202430/06/202303/06/202216/07/202116/07/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 36 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202410/07/202512/08/2025DutchPDF
Consolidated accounts31/12/202429/04/202516/07/2025DutchPDF
Full model31/12/202310/07/202431/07/2024DutchPDF
Consolidated accounts31/12/202327/03/202429/10/2024DutchPDF
Full model31/12/202230/06/202305/07/2023DutchPDF
Consolidated accounts31/12/202230/06/202318/08/2023DutchPDF
Full model31/12/202103/06/202229/06/2022DutchPDF
Consolidated accounts31/12/202115/07/202215/05/2023DutchPDF
Full model31/12/202004/06/202112/07/2021DutchPDF
Consolidated accounts31/12/202016/07/202116/07/2021DutchPDF
Full model31/12/201913/06/202009/07/2020DutchPDF
Consolidated accounts31/12/201916/07/202016/07/2020DutchPDF
Full model31/12/201807/06/201912/07/2019DutchPDF
Consolidated accounts31/12/201811/07/201912/07/2019DutchPDF
Full model31/12/201728/06/201806/07/2018DutchPDF
Consolidated accounts31/12/201703/07/201811/07/2018DutchPDF
Full model31/12/201628/06/201726/07/2017DutchPDF
Consolidated accounts31/12/201628/06/201717/07/2017DutchPDF
Full model31/12/201528/06/201627/07/2016DutchPDF
Consolidated accounts31/12/201528/06/201626/07/2016DutchPDF
Full model31/12/201426/06/201523/07/2015DutchPDF
Consolidated accounts31/12/201428/06/201523/07/2015DutchPDF
Full model31/12/201327/06/201415/07/2014DutchPDF
Consolidated accounts31/12/201327/06/201409/07/2014DutchPDF

View all 36 filings

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 M€ and 500 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 31/12/2024

1 active · 4 ended

Active mandates

OPUS TERRAE

Director · since 23 février 2006 · 0879.054.283

Represented by Paul Gheysens

Active

Ended mandates

OPUS TERRAE

Manager · since 23 février 2006 · 0879.054.283

Represented by Paul Gheysens

Ended
OPUS TERRAE

Manager · since 23 février 2006 · 0879.054.283

Represented by Paul Gheysens

Ended
OPUS TERRAE

Manager · since 23 février 2006 · 0879.054.283

Represented by Paul Gheysens

Ended
OPUS TERRAE

Manager · 0879.054.283

Represented by Paul Gheysens

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates09/06/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/05/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/03/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/11/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DIVERSEN - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/01/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other27/12/2019
    DIVERSEN
    PDF
  • Mandates06/12/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other22/10/2018
    DIVERSEN
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 23/12/2025
    nominationOpus Terrae BV — persoon belast met dagelijks bestuur
  2. 20/10/2025
    nominationChristophe Van Parys — vaste vertegenwoordiger commissaris
  3. 2024
    Annual accounts 20248,7 M €↑
  4. 10/07/2024
    reconductionKPMG Bedrijfsrevisoren — commissaris
  5. 2023
    Annual accounts 2023-10,4 M €↑
  6. 2022
    Annual accounts 2022-23,8 M €↓
  7. 2021
    Annual accounts 2021-13,1 M €↑
  8. 2020
    Annual accounts 2020-23,5 M €↓
  9. 2019
    Annual accounts 2019-14 M €↓
  10. 2018
    Annual accounts 2018-11,8 M €↑
  11. 2017
    Annual accounts 2017-12,2 M €↓
  12. 2016
    Annual accounts 2016421,3 M €↑
  13. 2015
    Annual accounts 2015-5,8 M €↓
  14. 2014
    Annual accounts 2014-2,8 M €↑
  15. 2013
    Annual accounts 2013-3,7 M €↓
  16. 2012
    Annual accounts 2012-1,7 M €↓
  17. 2011
    Annual accounts 201188 k €↓
  18. 2010
    Annual accounts 2010781,9 k €↓
  19. 2009
    Annual accounts 20094,2 M €↓
  20. 2008
    Annual accounts 200829,9 M €↑
  21. 2007
    Annual accounts 200727,5 k €
  22. 27/02/2006
    IncorporationPublic limited company