ACTIVE

GARNITAL

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Financial year 2025 · closed on 31/12/2025
Net result
37,3 k €
-30.8% YoY
Gross margin
66 k €
-27.6% YoY
Equity
295,3 k €
+14.4% YoY

What does GARNITAL do?

GARNITAL is a Private limited company incorporated in 2006. Its main activity is: Agents involved in the sale of machinery, industrial equipment, ships and aircraft. Its registered office is in Putte.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0885.218.040
Incorporation
17/11/2006
Legal form
Private limited company
Registered office
Leuvensebaan 202 box 1016
2580 Putte · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Activities (NACE)
46140Agents involved in the sale of machinery, industrial equipment, ships and aircraft· main46140Agents involved in the sale of machinery, industrial equipment, ships and aircraft51140Passenger air transport46620Wholesale of machine tools46620Wholesale of machine tools47521Retail sale of hardware, paints and glass in specialised stores+3
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Gross margin66 k €91,2 k €99,8 k €81,3 k €61,4 k €19,4 k €9,7 k €24,5 k €34 k €15,8 k €14,1 k €8,5 k €11,2 k €8,9 k €18 k €19,9 k €19 k €19,3 k €19,2 k €
EBITDA64,8 k €90,2 k €97,5 k €78,2 k €60,1 k €18,8 k €9,1 k €24 k €33,5 k €14,6 k €13,5 k €8,1 k €10,9 k €8,6 k €17,7 k €19,5 k €18,5 k €18,8 k €18,8 k €
Operating result54,8 k €81,9 k €94,8 k €73,4 k €53,9 k €12,6 k €-2,3 k €12,5 k €21,6 k €7,2 k €5,7 k €3,9 k €5,9 k €5,6 k €3 k €4,9 k €6,2 k €6,5 k €6,5 k €
Net result37,3 k €53,9 k €63,3 k €48,3 k €33,4 k €8,7 k €-5 k €7,7 k €14,3 k €3,5 k €2,3 k €663,2 €2,2 k €3 k €637,6 €108,3 €318,6 €185,9 €1,9 k €
Balance sheet
Equity295,3 k €258 k €204,2 k €140,8 k €92,6 k €59,1 k €50,4 k €55,4 k €47,7 k €33,4 k €29,9 k €27,6 k €26,9 k €24,7 k €21,8 k €21,1 k €21 k €20,7 k €20,5 k €
Total assets348,1 k €318,7 k €276,7 k €226,5 k €156,7 k €137 k €135,1 k €152,3 k €152,7 k €112,3 k €102,7 k €90,2 k €104,9 k €118 k €143,2 k €166,9 k €187,9 k €206 k €229,4 k €
Cash62,4 k €94,3 k €94,9 k €85,5 k €31 k €11,6 k €3,4 k €6,4 k €17,7 k €11,2 k €10,3 k €2,8 k €3 k €2,7 k €5,5 k €2,6 k €4,5 k €8,6 k €5,2 k €
Debts52,8 k €60,7 k €72,5 k €85,6 k €64,1 k €76,4 k €84,7 k €96,9 k €105 k €79 k €72,9 k €62,6 k €78 k €93,3 k €121,4 k €145,8 k €166,9 k €185,3 k €208,8 k €
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 · 1 active · 4 ended

Active mandates

Luc Smits

Director

Active

Ended mandates

Chantal Bouvier

Manager · since 17 novembre 2006 · until 05 novembre 2010

Ended
Chantal Bouvier

Manager · since 17 novembre 2006

Ended
Luc Smits

Manager · since 17 novembre 2006

Ended
Yves Smits

Manager · since 17 novembre 2006

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro 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 date03/06/202622/07/202510/06/202407/07/202309/06/202221/06/2021
General meeting08/05/202630/06/202522/04/202412/05/202305/05/202217/05/2021
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

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202508/05/202603/06/2026DutchPDF
Micro model31/12/202430/06/202522/07/2025DutchPDF
Micro model31/12/202322/04/202410/06/2024DutchPDF
Micro model31/12/202212/05/202307/07/2023DutchPDF
Micro model31/12/202105/05/202209/06/2022DutchPDF
Micro model31/12/202017/05/202121/06/2021DutchPDF
Micro model31/12/201908/05/202004/06/2020DutchPDF
Micro model31/12/201810/05/201923/05/2019DutchPDF
Micro model31/12/201711/05/201805/06/2018DutchPDF
Micro model31/12/201612/05/201706/06/2017DutchPDF
Abridged model31/12/201513/05/201608/06/2016DutchPDF
Abridged model31/12/201408/05/201502/06/2015DutchPDF
Abridged model31/12/201309/05/201422/05/2014DutchPDF
Abridged model31/12/201210/05/201305/06/2013DutchPDF
Abridged model31/12/201111/05/201223/05/2012DutchPDF
Abridged model31/12/201013/05/201125/05/2011DutchPDF
Abridged model31/12/200914/05/201020/05/2010DutchPDF
Abridged model31/12/200808/05/200919/05/2009DutchPDF
Abridged model31/12/200709/05/200822/05/2008DutchPDF
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 · 1 active · 4 ended

Active mandates

Luc Smits

Director

Active

Ended mandates

Chantal Bouvier

Manager · since 17 novembre 2006 · until 05 novembre 2010

Ended
Chantal Bouvier

Manager · since 17 novembre 2006

Ended
Luc Smits

Manager · since 17 novembre 2006

Ended
Yves Smits

Manager · since 17 novembre 2006

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates16/10/2023
    WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/09/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office11/01/2018
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates14/12/2010
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other04/12/2006
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 202537,3 k €↓
  2. 2024
    Annual accounts 202453,9 k €↓
  3. 2023
    Annual accounts 202363,3 k €↑
  4. 2022
    Annual accounts 202248,3 k €↑
  5. 2021
    Annual accounts 202133,4 k €↑
  6. 2020
    Annual accounts 20208,7 k €↑
  7. 2019
    Annual accounts 2019-5 k €↓
  8. 2018
    Annual accounts 20187,7 k €↓
  9. 2017
    Annual accounts 201714,3 k €↑
  10. 2016
    Annual accounts 20163,5 k €↑
  11. 2015
    Annual accounts 20152,3 k €↑
  12. 2014
    Annual accounts 2014663,2 €↓
  13. 2013
    Annual accounts 20132,2 k €↓
  14. 2012
    Annual accounts 20123 k €↑
  15. 2011
    Annual accounts 2011637,6 €↑
  16. 2010
    Annual accounts 2010108,3 €↓
  17. 2009
    Annual accounts 2009318,6 €↑
  18. 2008
    Annual accounts 2008185,9 €↓
  19. 2007
    Annual accounts 20071,9 k €
  20. 17/11/2006
    IncorporationPrivate limited company