ACTIVE

GE INDUSTRIES

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Financial year 2025 · closed on 31/12/2025

Net result

-1,3 M €

-208.3% YoY

Gross margin

-46,6 k €

-30.6% YoY

Equity

3,6 M €

-26.3% YoY

Workforce

0,0 ETP

What does GE INDUSTRIES do?

GE INDUSTRIES is a Public limited company incorporated in 2007. Its registered office is in Mouscron.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0888.664.807

Incorporation

06/04/2007

Legal form

Public limited company

Registered office

Drève Gustave Fache(L) 1
7700 Mouscron · WallonieSee on map

Contributed capital

1 331 664,39 €

Latest accounts

31/12/2025

Average workforce

0,0 ETP

Signals

Solid equityLow riskGood liquidity

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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
Gross margin	-46,6 k €	-30.6%	-35,7 k €	-108%	-17,2 k €	-143%	-7,1 k €	-105%	153,7 k €	+289%	39,5 k €	-45.4%	72,4 k €	-62.8%	194,5 k €	-42.1%	336 k €	+39.7%	240,5 k €	-16.8%	289,2 k €	-0.7%	291,1 k €	-34.9%	447,3 k €	+2.9%	434,7 k €	+106%	210,8 k €	-45.5%	386,9 k €
EBITDA	-1,7 M €	-4437%	-37,5 k €	-102%	-18,6 k €	-132%	-8 k €	-105%	152,7 k €	+419%	29,4 k €	-58.6%	71,2 k €	-63.2%	193,3 k €	-42.3%	334,8 k €	+39.9%	239,3 k €	-16.8%	287,5 k €	-0.7%	289,4 k €	-34.9%	444,9 k €	+2.8%	432,9 k €	+109%	206,8 k €	-45.4%	378,7 k €
Operating result	-1,7 M €	-4437%	-37,5 k €	-102%	-18,6 k €	-132%	-8 k €	-105%	152,7 k €	+419%	29,4 k €	+40.0%	21 k €	-85.3%	143,1 k €	-49.7%	284,6 k €	+61.1%	176,7 k €	-20.4%	221,8 k €	-23.1%	288,4 k €	-34.4%	439,6 k €	+3.6%	424,4 k €	+114%	197,9 k €	-45.1%	360,2 k €
Net result	-1,3 M €	-208%	1,2 M €	+5724%	-21,3 k €	-241%	-6,2 k €	-104%	154,6 k €	+120%	70,2 k €	+175%	25,5 k €	-81.5%	138,2 k €	-46.4%	258,1 k €	+76.7%	146,1 k €	-30.9%	211,3 k €	-26.3%	286,6 k €	-32.3%	423,1 k €	+258%	118,2 k €	-34.5%	180,6 k €	-43.8%	321,3 k €
Balance sheet
Equity	3,6 M €	-26.3%	4,9 M €	+32.0%	3,7 M €	+50.1%	2,5 M €	-0.2%	2,5 M €	+11.7%	2,2 M €	+3.2%	2,2 M €	+1.2%	2,1 M €	+6.9%	2 M €	+14.8%	1,7 M €	+9.1%	1,6 M €	-40.3%	2,7 M €	+12.0%	2,4 M €	+21.5%	2 M €	-31.0%	2,8 M €	+6.8%	2,7 M €
Total assets	4,1 M €	-32.1%	6 M €	+56.8%	3,8 M €	+48.4%	2,6 M €	+3.7%	2,5 M €	+9.2%	2,3 M €	-26.9%	3,1 M €	-1.1%	3,2 M €	-2.3%	3,2 M €	+0.6%	3,2 M €	+10.5%	2,9 M €	+8.5%	2,7 M €	+10.3%	2,4 M €	-11.8%	2,8 M €	-9.1%	3 M €	-3.7%	3,1 M €
Cash	338,5 k €	+209%	109,5 k €		0 €	-100%	32,5 k €	-68.6%	103,7 k €	+125%	46,2 k €	-37.9%	74,3 k €	+27.1%	58,5 k €	-2.7%	60,1 k €	+292%	15,3 k €	-84.1%	96,4 k €	-21.1%	122,2 k €	+47.3%	82,9 k €	-82.7%	479,4 k €	+1402%	31,9 k €	-33.5%	48 k €
Debts	456,2 k €	-58.3%	1,1 M €	+925%	106,8 k €	+6.5%	100,3 k €	+8226%	1,2 k €	-97.7%	52,3 k €	-94.6%	962,4 k €	-6.0%	1 M €	-17.2%	1,2 M €	-16.3%	1,5 M €	+12.2%	1,3 M €	+13430%	9,7 k €	-78.4%	44,9 k €	-94.3%	793,5 k €	+321%	188,4 k €	-61.1%	484,1 k €
Other
Workforce	0,0 ETP		0,0 ETP		0,0 ETP		–		–		–		–		–		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 10 ended

Active mandates

Beatrice de BROUCKER

Director · since 28 juin 2023 · until 27 juin 2029

Active

Cesar EPICUREO

Managing director · since 28 juin 2023 · until 27 juin 2029

Active

Giulio EPICUREO

Managing director · since 28 juin 2023 · until 27 juin 2029

Active

Ended mandates

Beatrice de BROUCKER

Director · since 03 juin 2019 · until 03 juin 2025

Ended

Cesar EPICUREO

Managing director · since 03 juin 2019 · until 03 juin 2025

Ended

GIULIO EPICUREO

Managing director · since 03 juin 2019 · until 03 juin 2025

Ended

BEATRICE DE BROUCKER

Director · since 03 juin 2013 · until 03 juin 2019

Ended

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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	24/09/2025	05/07/2024	27/06/2023	15/07/2022	12/07/2021
General meeting	30/06/2026	02/06/2025	03/06/2024	05/06/2023	06/06/2022	07/06/2021
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

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	31/08/2026	French	PDF
Abridged model	31/12/2024	02/06/2025	24/09/2025	French	PDF
Abridged model	31/12/2023	03/06/2024	05/07/2024	French	PDF
Abridged model	31/12/2022	05/06/2023	27/06/2023	French	PDF
Abridged model	31/12/2021	06/06/2022	15/07/2022	French	PDF
Abridged model	31/12/2020	07/06/2021	12/07/2021	French	PDF
Abridged model	31/12/2019	01/06/2020	08/07/2020	French	PDF
Abridged model	31/12/2018	03/06/2019	08/07/2019	French	PDF
Abridged model	31/12/2017	04/06/2018	02/07/2018	French	PDF
Abridged model	31/12/2016	05/06/2017	13/07/2017	French	PDF
Abridged model	31/12/2015	06/06/2016	20/07/2016	French	PDF
Abridged model	31/12/2014	01/06/2015	17/07/2015	French	PDF
Abridged model	31/12/2013	02/06/2014	25/08/2014	French	PDF
Abridged model	31/12/2012	03/06/2013	18/07/2013	French	PDF
Abridged model	31/12/2011	04/06/2012	30/08/2012	French	PDF
Abridged model	31/12/2010	07/06/2011	22/08/2011	French	PDF
Abridged model	31/12/2009	07/06/2010	16/02/2011	French	PDF
Abridged model	31/12/2008	02/06/2009	24/08/2009	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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 · 3 active · 10 ended

Active mandates

Beatrice de BROUCKER

Director · since 28 juin 2023 · until 27 juin 2029

Active

Cesar EPICUREO

Managing director · since 28 juin 2023 · until 27 juin 2029

Active

Giulio EPICUREO

Managing director · since 28 juin 2023 · until 27 juin 2029

Active

Ended mandates

Beatrice de BROUCKER

Director · since 03 juin 2019 · until 03 juin 2025

Ended

Cesar EPICUREO

Managing director · since 03 juin 2019 · until 03 juin 2025

Ended

GIULIO EPICUREO

Managing director · since 03 juin 2019 · until 03 juin 2025

Ended

BEATRICE DE BROUCKER

Director · since 03 juin 2013 · until 03 juin 2019

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates12/07/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Capital / shares11/12/2013
CAPITAL, ACTIONS
PDF
Mandates03/10/2013
DEMISSIONS, NOMINATIONS
PDF
Mandates05/04/2013
DEMISSIONS, NOMINATIONS
PDF
Registered office09/01/2013
SIEGE SOCIAL
PDF
Registered office21/01/2011
SIEGE SOCIAL - CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates14/09/2009
DEMISSIONS, NOMINATIONS
PDF
Mandates17/07/2008
DEMISSIONS, NOMINATIONS
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 2025-1,3 M €↓
2024
Annual accounts 20241,2 M €↑
2023
Annual accounts 2023-21,3 k €↓
2022
Annual accounts 2022-6,2 k €↓
2021
Annual accounts 2021154,6 k €↑
2018
Annual accounts 201870,2 k €↑
2017
Annual accounts 201725,5 k €↓
2016
Annual accounts 2016138,2 k €↓
2015
Annual accounts 2015258,1 k €↑
2014
Annual accounts 2014146,1 k €↓
2013
Annual accounts 2013211,3 k €↓
2012
Annual accounts 2012286,6 k €↓
2011
Annual accounts 2011423,1 k €↑
2010
Annual accounts 2010118,2 k €↓
2009
Annual accounts 2009180,6 k €↓
2008
Annual accounts 2008321,3 k €
06/04/2007
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

GE INDUSTRIES

Overview

What does GE INDUSTRIES 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