ACTIVE

GF1 - IMMO

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Financial year 2025 · closed on 31/12/2025

Net result

-6,6 k €

-127.5% YoY

Gross margin

267,1 k €

+8.1% YoY

Equity

1,9 M €

-0.3% YoY

What does GF1 - IMMO do?

GF1 - IMMO is a Private limited company incorporated in 2006. Its main activity is: Restaurants and mobile food service activities. Its registered office is in Liège.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0880.890.058

Incorporation

24/04/2006

Legal form

Private limited company

Registered office

Boulevard d'Avroy 134 box 0004
4000 Liège · WallonieSee on map

Contributed capital

19 100,00 €

Latest accounts

31/12/2025

Activities (NACE)

56101Restaurants and mobile food service activities· main 56111Restaurants and mobile food service activities 68310Real estate agencies 68311Real estate agencies

Joint committees (1)

Signals

Solid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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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	267,1 k €	+8.1%	247 k €	-78.1%	1,1 M €	+238%	334,6 k €	+18.4%	282,6 k €	+9.1%	259,2 k €	+7.3%	241,5 k €	-9.1%	265,7 k €	-25.1%	354,6 k €	-31.9%	521 k €	+12.5%	463,3 k €	+0.1%	463 k €	+285%	120,3 k €	+1560%	7,2 k €	-53.8%	15,7 k €	-8.1%	17,1 k €	-47.4%	32,5 k €	+68.4%	19,3 k €	-17.7%	23,4 k €	+284%	6,1 k €
EBITDA	242,2 k €	+14.2%	212 k €	-80.0%	1,1 M €	+237%	313,8 k €	+18.1%	265,6 k €	+8.3%	245,2 k €	+7.7%	227,6 k €	-11.0%	255,8 k €	+5.4%	242,7 k €	-5.0%	255,6 k €	+22.4%	208,8 k €	-16.0%	248,4 k €	+234%	74,4 k €	+1233%	5,6 k €	-58.5%	13,5 k €	-9.8%	14,9 k €	-50.7%	30,3 k €	+80.9%	16,7 k €	-20.0%	20,9 k €	+264%	5,8 k €
Operating result	107,7 k €	+10.7%	97,4 k €	-89.4%	922,1 k €	+435%	172,5 k €	+27.1%	135,7 k €	+14.8%	118,2 k €	+35.0%	87,6 k €	-31.6%	128 k €	+29.2%	99,1 k €	-6.4%	105,9 k €	-7.0%	113,8 k €	-21.3%	144,5 k €	+869%	-18,8 k €	-3027%	642,4 €	-92.4%	8,5 k €	-13.8%	9,8 k €	-61.0%	25,2 k €	+116%	11,7 k €	-19.2%	14,4 k €	+1535%	883,6 €
Net result	-6,6 k €	-128%	23,9 k €	-98.1%	1,3 M €	+678%	163,4 k €	+185%	57,3 k €	+5.4%	54,4 k €	+49.7%	36,3 k €	-43.7%	64,5 k €	+73.8%	37,1 k €	+30.2%	28,5 k €	-79.6%	139,4 k €	+86.0%	75 k €	+246%	-51,2 k €	-759%	-6 k €	-366%	2,2 k €	+53.7%	1,5 k €	-87.8%	11,9 k €	+8.1%	11 k €	+382%	2,3 k €	+174%	-3,1 k €
Balance sheet
Equity	1,9 M €	-0.3%	1,9 M €	+1.3%	1,9 M €	+201%	633,5 k €	+34.8%	470 k €	+13.9%	412,7 k €	+15.2%	358,4 k €	+11.3%	322 k €	+25.0%	257,6 k €	+16.8%	220,5 k €	+14.8%	192 k €	+265%	52,6 k €	+335%	-22,4 k €	-178%	28,8 k €	-17.1%	34,8 k €	+6.9%	32,5 k €	+4.7%	31,1 k €	+6.0%	29,3 k €	+60.2%	18,3 k €	+14.3%	16 k €
Total assets	5,1 M €	+3.3%	4,9 M €	+5.0%	4,7 M €	+45.8%	3,2 M €	-5.4%	3,4 M €	+40.9%	2,4 M €	-1.1%	2,4 M €	+21.2%	2 M €	-5.6%	2,1 M €	+3.8%	2 M €	+38.0%	1,5 M €	+12.0%	1,3 M €	+7.1%	1,2 M €	+275%	329,9 k €	+67.5%	196,9 k €	+5.3%	187 k €	-4.1%	194,9 k €	-1.3%	197,5 k €	-20.9%	249,8 k €	-2.3%	255,6 k €
Cash	419,9 k €	-37.3%	669,9 k €	+74.8%	383,2 k €	+728%	46,3 k €	-57.8%	109,8 k €	+72.7%	63,6 k €	+433%	11,9 k €	-71.8%	42,3 k €	+25.4%	33,7 k €	-58.9%	82 k €	-65.5%	237,6 k €	+236%	70,7 k €	+38.0%	51,2 k €	+3071%	1,6 k €	-14.9%	1,9 k €	+138%	798 €	-63.4%	2,2 k €	-46.1%	4 k €	+370%	861,4 €	+17.0%	736,2 €
Debts	2,9 M €	+6.6%	2,7 M €	+8.2%	2,5 M €	+0.8%	2,5 M €	-12.0%	2,8 M €	+46.2%	1,9 M €	-3.9%	2 M €	+24.3%	1,6 M €	-9.7%	1,8 M €	+2.1%	1,8 M €	+44.3%	1,2 M €	-3.3%	1,3 M €	+1.3%	1,3 M €	+319%	299,2 k €	+84.5%	162,2 k €	+5.4%	153,8 k €	-6.1%	163,8 k €	+0.5%	163 k €	-29.6%	231,5 k €	-3.4%	239,6 k €
Other
Workforce	–		–		–		–		–		–		–		–		2,3 ETP	-69.7%	7,6 ETP	+18.7%	6,4 ETP	+12.3%	5,7 ETP	+307%	1,4 ETP		–		–		–		–		–		–		–

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 · 5 ended

Active mandates

Maxime GULDENTOPS

Director · since 12 avril 2006

Active

Grégory FRANCHI

Director

Active

Ended mandates

Greg FRANCHI

Manager

Ended

Gregory FRANCHI

Manager

Ended

Grégory FRANCHI

Administrator - manager

Ended

Maxime GULDENTOPS

Director

Ended

At this address

Other companies at this address

Company	CBE no.
ALLIANZ MANAGEMENT● Active	0770.671.631
Association des Copropriétaires à Liège Résidence Avroy 134 Boulevard d'Avroy 134● Active	0812.099.242
CLINIQUE OPHTALMOLOGIQUE CHARLEMAGNE● Active	0818.075.630
GF GROUPE● Active	0673.856.624
MASIALA CARES● Active	1035.752.043

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro 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	27/08/2026	31/08/2025	31/08/2024	25/08/2023	31/08/2022	29/08/2021
General meeting	30/06/2026	27/06/2025	28/06/2024	03/05/2023	04/05/2022	05/05/2021
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
Micro model	31/12/2025	30/06/2026	27/08/2026	French	PDF
Micro model	31/12/2024	27/06/2025	31/08/2025	French	PDF
Micro model	31/12/2023	28/06/2024	31/08/2024	French	PDF
Micro model	31/12/2022	03/05/2023	25/08/2023	French	PDF
Micro model	31/12/2021	04/05/2022	31/08/2022	French	PDF
Micro model	31/12/2020	05/05/2021	29/08/2021	French	PDF
Micro model	31/12/2019	15/07/2020	31/10/2020	French	PDF
Abridged model	31/12/2018	27/06/2019	13/08/2019	French	PDF
Abridged model	31/12/2017	29/06/2018	31/08/2018	French	PDF
Abridged model	31/12/2016	30/06/2017	28/09/2017	French	PDF
Abridged model	31/12/2015	30/06/2016	31/08/2016	French	PDF
Abridged model	31/12/2014	30/06/2015	31/08/2015	French	PDF
Abridged model	31/12/2013	07/05/2014	25/08/2014	French	PDF
Abridged model	31/12/2012	01/05/2013	26/08/2013	French	PDF
Abridged model	31/12/2011	02/05/2012	08/05/2012	French	PDF
Abridged model	31/12/2010	30/06/2011	01/08/2011	French	PDF
Abridged model	31/12/2009	30/06/2010	23/08/2010	French	PDF
Abridged model	31/12/2008	30/06/2009	24/09/2009	French	PDF
Abridged model	31/12/2007	30/06/2008	29/09/2008	French	PDF
Abridged model	31/12/2006	29/06/2007	19/12/2007	French	PDF

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 · 5 ended

Active mandates

Maxime GULDENTOPS

Director · since 12 avril 2006

Active

Grégory FRANCHI

Director

Active

Ended mandates

Greg FRANCHI

Manager

Ended

Gregory FRANCHI

Manager

Ended

Grégory FRANCHI

Administrator - manager

Ended

Maxime GULDENTOPS

Director

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates22/05/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
PDF
Mandates18/10/2013
SIEGE SOCIAL - OBJET - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Other04/05/2006
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 2025-6,6 k €↓
2024
Annual accounts 202423,9 k €↓
2023
Annual accounts 20231,3 M €↑
2022
Annual accounts 2022163,4 k €↑
2021
Annual accounts 202157,3 k €↑
2020
Annual accounts 202054,4 k €↑
2019
Annual accounts 201936,3 k €↓
2018
Annual accounts 201864,5 k €↑
2017
Annual accounts 201737,1 k €↑
2016
Annual accounts 201628,5 k €↓
2015
Annual accounts 2015139,4 k €↑
2014
Annual accounts 201475 k €↑
2013
Annual accounts 2013-51,2 k €↓
2012
Annual accounts 2012-6 k €↓
2011
Annual accounts 20112,2 k €↑
2010
Annual accounts 20101,5 k €↓
2009
Annual accounts 200911,9 k €↑
2008
Annual accounts 200811 k €↑
2007
Annual accounts 20072,3 k €↑
2006
Annual accounts 2006-3,1 k €
24/04/2006
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

GF1 - IMMO

Overview

What does GF1 - IMMO 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