ACTIVE

GAMORINE

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Financial year 2025 · closed on 31/12/2025

Net result

-177,4 k €

-22.8% YoY

Revenue

884,6 k €

+11.4% YoY

Equity

12,3 M €

-1.4% YoY

Workforce

3,8 ETP

0.0% YoY

What does GAMORINE do?

GAMORINE is a Public limited company incorporated in 2007. Its registered office is in Knokke-Heist. It employs on average 3,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0886.674.921

Incorporation

24/01/2007

Legal form

Public limited company

Registered office

Lammekenslaan 15
8300 Knokke-Heist · FlandreSee on map

Contributed capital

483 400,00 €

Latest accounts

31/12/2025

Average workforce

3,8 ETP

Joint committees (3)

200
2000
218

Signals

Solid equityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Revenue	884,6 k €	+11.4%	794 k €	-11.8%	900,7 k €	+3.0%	874,5 k €	+30.3%	671,3 k €	-5.1%	707,2 k €	+2.4%	690,8 k €	-0.8%	696,4 k €	-10.5%	778,4 k €	-21.5%	991,7 k €	-2.5%	1 M €	-7.2%	1,1 M €	+0.1%	1,1 M €	+8.9%	1 M €	+6.7%	943,2 k €	+2.1%	924,1 k €
EBITDA	287,3 k €	+57.4%	182,5 k €	-46.0%	338,1 k €	+2.0%	331,6 k €	-83.2%	2 M €	+393%	400,4 k €	-5.8%	425 k €	+138%	178,4 k €	-55.1%	396,8 k €	-34.1%	602,4 k €	-1.5%	611,4 k €	-6.3%	652,7 k €	+1.5%	643,3 k €	+11.1%	578,8 k €	+10.8%	522,6 k €	-1.3%	529,3 k €
Operating result	7,2 k €	+107%	-98,6 k €	-257%	62,9 k €	-3.8%	65,4 k €	-96.2%	1,7 M €	+422%	325,5 k €	+26.8%	256,8 k €	+276%	68,2 k €	-71.6%	240,3 k €	+21.2%	198,3 k €	-5.0%	208,7 k €	-16.7%	250,6 k €	+16.2%	215,6 k €	+41.0%	152,9 k €	-20.6%	192,6 k €	-28.8%	270,4 k €
Net result	-177,4 k €	-22.8%	-144,5 k €	-186%	168,2 k €	+211%	-152 k €	-110%	1,5 M €	+2562%	55,7 k €	+648%	7,4 k €	+108%	-90,7 k €	-235%	67,2 k €	+177%	-86,9 k €	-725%	-10,5 k €	-146%	22,8 k €	+94.7%	11,7 k €	-95.0%	234,3 k €	-5.9%	248,9 k €	+3.9%	239,6 k €
Balance sheet
Equity	12,3 M €	-1.4%	12,5 M €	-1.1%	12,7 M €	+0.1%	12,7 M €	-1.2%	12,8 M €	+21.9%	10,5 M €	+0.5%	10,4 M €	+0.1%	10,4 M €	-0.9%	10,5 M €	+0.6%	10,5 M €	-0.8%	10,6 M €	-0.1%	10,6 M €	+0.2%	10,5 M €	+0.1%	10,5 M €	+2.3%	10,3 M €	+2.5%	10 M €
Total assets	17,8 M €	-1.3%	18 M €	-2.1%	18,4 M €	-2.8%	18,9 M €	-2.4%	19,4 M €	+23.4%	15,7 M €	-1.2%	15,9 M €	-0.7%	16 M €	-1.8%	16,3 M €	-0.7%	16,4 M €	-0.6%	16,5 M €	-3.3%	17,1 M €	-0.7%	17,2 M €	+5.2%	16,4 M €	+0.8%	16,2 M €	+11.6%	14,5 M €
Cash	21,7 k €	+50.5%	14,4 k €	-10.3%	16,1 k €	-19.5%	20 k €	-16.5%	23,9 k €	+177%	8,6 k €	-56.4%	19,8 k €	-23.3%	25,8 k €	-0.2%	25,8 k €	-1.3%	26,2 k €	+100%	13,1 k €	+266%	3,6 k €	-85.1%	24 k €		–		1,7 k €		–
Debts	5,1 M €	-0.4%	5,2 M €	-4.1%	5,4 M €	-9.0%	5,9 M €	-4.4%	6,2 M €	+18.7%	5,2 M €	-4.5%	5,4 M €	-2.0%	5,6 M €	-3.4%	5,8 M €	-3.0%	5,9 M €	-0.3%	5,9 M €	-8.5%	6,5 M €	-2.3%	6,7 M €	+14.3%	5,8 M €	-1.9%	5,9 M €	+31.9%	4,5 M €
Other
Workforce	3,8 ETP	0.0%	3,8 ETP	0.0%	3,8 ETP	0.0%	3,8 ETP	+35.7%	2,8 ETP	-24.3%	3,7 ETP	-27.5%	5,1 ETP	-8.9%	5,6 ETP	-11.1%	6,3 ETP	-1.6%	6,4 ETP	-1.5%	6,5 ETP	-5.8%	6,9 ETP	-6.8%	7,4 ETP	+7.2%	6,9 ETP	-8.0%	7,5 ETP	+15.4%	6,5 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 · 7 ended

Active mandates

QUIVE

Managing director · 0770.279.176

Represented by Anja QUINTENS

Active

Thierry VEREECKE

Managing director

Active

Ended mandates

QUIVE

Director · since 01 juillet 2021 · 0770.279.176

Represented by Anja Quintens

Ended

Thierry Vereecke

Director · since 01 avril 2020 · until 06 juin 2024

Ended

Thierry Vereecke

Director · since 01 avril 2020

Ended

Patrick VANDENWEGHE

Director

Ended

At this address

Other companies at this address

Company	CBE no.
QUIVE● Active	0770.279.176

Annual accounts

Full financial information

	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	28/07/2026	17/07/2025	18/07/2024	20/07/2023	18/07/2022	29/07/2021
General meeting	30/06/2026	30/06/2025	30/06/2024	30/06/2023	30/06/2022	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

Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	30/06/2026	28/07/2026	Dutch	PDF
Full model	31/12/2024	30/06/2025	17/07/2025	Dutch	PDF
Full model	31/12/2023	30/06/2024	18/07/2024	Dutch	PDF
Full model	31/12/2022	30/06/2023	20/07/2023	Dutch	PDF
Full model	31/12/2021	30/06/2022	18/07/2022	Dutch	PDF
Full model	31/12/2020	30/06/2021	29/07/2021	Dutch	PDF
Full model	31/12/2019	30/06/2020	22/07/2020	Dutch	PDF
Full model	31/12/2018	28/06/2019	17/07/2019	Dutch	PDF
Full model	31/12/2017	29/06/2018	20/07/2018	Dutch	PDF
Full model	31/12/2016	30/06/2017	19/07/2017	Dutch	PDF
Full model	31/12/2015	02/06/2016	06/07/2016	Dutch	PDF
Full model	31/12/2014	19/06/2015	13/07/2015	Dutch	PDF
Full model	31/12/2013	20/06/2014	17/07/2014	Dutch	PDF
Full model	31/12/2012	20/06/2013	24/06/2013	Dutch	PDF
Full model	31/12/2011	29/06/2012	19/07/2012	Dutch	PDF
Full model	31/12/2010	06/05/2011	23/05/2011	Dutch	PDF
Full model	31/12/2009	07/05/2010	27/05/2010	Dutch	PDF
Full model	31/12/2008	31/03/2009	29/04/2009	Dutch	PDF
Full model	31/12/2007	29/04/2008	03/06/2008	Dutch	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 · 7 ended

Active mandates

QUIVE

Managing director · 0770.279.176

Represented by Anja QUINTENS

Active

Thierry VEREECKE

Managing director

Active

Ended mandates

QUIVE

Director · since 01 juillet 2021 · 0770.279.176

Represented by Anja Quintens

Ended

Thierry Vereecke

Director · since 01 avril 2020 · until 06 juin 2024

Ended

Thierry Vereecke

Director · since 01 avril 2020

Ended

Patrick VANDENWEGHE

Director

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates26/10/2021
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Registered office14/07/2021
MAATSCHAPPELIJKE ZETEL
PDF
Mandates10/04/2020
BENAMING - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/08/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/10/2012
ONTSLAGEN - BENOEMINGEN
PDF
Registered office09/11/2009
zetelverplaatsing
PDF
Other31/03/2008
(volt) .
PDF
Other01/02/2007
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

2025
Annual accounts 2025-177,4 k €↓
2024
Annual accounts 2024-144,5 k €↓
2023
Annual accounts 2023168,2 k €↑
2022
Annual accounts 2022-152 k €↓
2021
Annual accounts 20211,5 M €↑
2019
Name changeGAMORINE
2018
Annual accounts 201855,7 k €↑
2017
Annual accounts 20177,4 k €↑
2016
Annual accounts 2016-90,7 k €↓
2015
Annual accounts 201567,2 k €↑
2014
Annual accounts 2014-86,9 k €↓
2013
Annual accounts 2013-10,5 k €↓
2012
Annual accounts 201222,8 k €↑
2011
Annual accounts 201111,7 k €↓
2010
Annual accounts 2010234,3 k €↓
2009
Annual accounts 2009248,9 k €↑
2008
Annual accounts 2008239,6 k €
2008
Name changeTECHNISCH BUREEL PANIGO
24/01/2007
IncorporationPublic 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

GAMORINE

Overview

What does GAMORINE do?

Trend over 16 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