ACTIVE

GIBED

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Financial year 2025 · closed on 31/12/2025
Net result
17,5 k €
-31.2% YoY
Gross margin
796,7 k €
-3.9% YoY
Equity
1,4 M €
+1.2% YoY
Workforce
3,3 ETP
+6.5% YoY

What does GIBED do?

GIBED is a Cooperative company with limited liability incorporated in 2007. Its main activity is: Wholesale of furniture, carpets and lighting equipment. Its registered office is in Geel. It employs on average 3,3 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0893.101.962
Incorporation
22/10/2007
Legal form
Cooperative company with limited liability
Registered office
Kleinhoefstraat 5
2440 Geel · FlandreSee on map
Contributed capital
58 648,00 €
Latest accounts
31/12/2025
Average workforce
3,3 ETP
Activities (NACE)
46473Wholesale of furniture, carpets and lighting equipment· main46474Wholesale of furniture, carpets and lighting equipment70200Management consultancy activities70220Business and other management consultancy activities46140Agents involved in the sale of machinery, industrial equipment, ships and aircraft46140Agents involved in the sale of machinery, industrial equipment, ships and aircraft+4
Joint committees (2)
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20252024202320222021201920182017201620152014201320122011201020092008
Income statement
Gross margin796,7 k €829,1 k €1 M €1,1 M €1,1 M €499,7 k €332,5 k €382 k €253,8 k €249,7 k €245,5 k €250,4 k €245,6 k €166,5 k €106 k €71 k €-31,4 k €
EBITDA54,6 k €54,2 k €-8,7 k €378 k €195,1 k €255,5 k €75,7 k €212,8 k €105,5 k €103,3 k €88,1 k €137,2 k €137,3 k €91,3 k €105,5 k €70,6 k €-32,2 k €
Operating result20,4 k €16,7 k €112,5 k €217,5 k €177,4 k €251,2 k €75,7 k €204,9 k €97,6 k €94,6 k €79,4 k €126,7 k €135,5 k €89,5 k €105,5 k €70,6 k €-32,2 k €
Net result17,5 k €25,4 k €135,3 k €132 k €134,8 k €175,2 k €54,9 k €132,8 k €68,9 k €69,3 k €59,2 k €90 k €93 k €61,8 k €79,7 k €55 k €-27,2 k €
Balance sheet
Equity1,4 M €1,4 M €1,4 M €1,3 M €1,1 M €971,2 k €796,1 k €741,1 k €608,3 k €539,5 k €470,2 k €411 k €281 k €188 k €126,1 k €46,5 k €-8,5 k €
Total assets2,3 M €2,3 M €2,4 M €2,3 M €2,2 M €1,3 M €1,2 M €1 M €972,5 k €783,7 k €623,4 k €563,1 k €390,7 k €282,9 k €284,5 k €61,2 k €43,5 k €
Cash1 M €858 k €723,3 k €665,4 k €806,1 k €806,4 k €767,9 k €765,5 k €741,3 k €413,3 k €337,2 k €323,7 k €201,4 k €114,4 k €123 k €20,3 k €9,1 k €
Debts413,5 k €416,8 k €363,4 k €479,2 k €502,9 k €337,3 k €348,8 k €306,7 k €364,2 k €244,2 k €153,1 k €152,1 k €109,7 k €94,9 k €158,3 k €14,7 k €52 k €
Other
Workforce3,3 ETP3,1 ETP2,9 ETP2,0 ETP2,0 ETP1,0 ETP1,0 ETP0,2 ETP0,3 ETP0,8 ETP0,3 ETP1,0 ETP–––––
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 6 active · 56 ended

Active mandates

ALFA GENT

Director · since 20 juin 2025 · until 20 juin 2031 · 0452.261.609

Represented by De Wulf Maarten

Active
ELECTROPLUS CUYPERS

Director · since 20 juin 2025 · until 20 juin 2031 · 0448.798.412

Represented by Cuypers Philippe

Active
Etablissements Octave Tasiaux

Director · since 20 juin 2025 · until 20 juin 2031 · 0401.565.845

Represented by Delcroix Bernard

Active
Govaerts elektro 2000

Director · since 20 juin 2025 · until 20 juin 2031 · 0466.982.645

Represented by Govaerts Sébastien

Active
NIEDERAU EUPEN

Director · since 20 juin 2025 · until 20 juin 2031 · 0419.897.855

Represented by NIEDEREAU EDGAR E.A.N. Consult

Active
S.A.R.E.M.

Director · since 20 juin 2025 · until 20 juin 2031 · 0401.345.121

Represented by Salaets Lukas

Active

Ended mandates

ALECO

Director · since 28 mars 2024 · until 02 juin 2025 · 0784.340.317

Represented by Tournoy GEERT

Ended
ALFA GENT

Director · since 20 juin 2019 · until 20 juin 2025 · 0452.261.609

Represented by De WULF MAARTEN

Ended
ALFA GENT

Director · since 20 juin 2019 · until 20 juin 2025 · 0452.261.609

Represented by De WULF MAARTEN

Ended
ELECTROPLUS CUYPERS

Director · since 20 juin 2019 · until 20 juin 2025 · 0448.798.412

Represented by Cuypers PHILIPPE

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date03/07/202615/07/202530/07/202424/07/202314/07/202216/07/2021
General meeting21/05/202602/06/202503/06/202429/06/202316/06/202217/06/2021
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

18 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202521/05/202603/07/2026DutchPDF
Abridged model31/12/202402/06/202515/07/2025DutchPDF
Abridged model31/12/202303/06/202430/07/2024DutchPDF
Abridged model31/12/202229/06/202324/07/2023DutchPDF
Abridged model31/12/202116/06/202214/07/2022DutchPDF
Abridged model31/12/202017/06/202116/07/2021DutchPDF
Abridged model31/12/201918/06/202029/06/2020DutchPDF
Abridged model31/12/201820/06/201904/07/2019DutchPDF
Abridged model31/12/201721/06/201826/06/2018DutchPDF
Abridged model31/12/201615/06/201703/07/2017DutchPDF
Abridged model31/12/201512/05/201619/05/2016DutchPDF
Abridged model31/12/201418/06/201529/06/2015DutchPDF
Abridged model31/12/201319/06/201409/07/2014DutchPDF
Abridged model31/12/201213/06/201326/06/2013DutchPDF
Abridged model31/12/201121/06/201213/07/2012DutchPDF
Abridged model31/12/201023/06/201127/06/2011DutchPDF
Abridged model31/12/200920/05/201018/06/2010DutchPDF
Abridged model31/12/200818/06/200930/06/2009DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 · 6 active · 56 ended

Active mandates

ALFA GENT

Director · since 20 juin 2025 · until 20 juin 2031 · 0452.261.609

Represented by De Wulf Maarten

Active
ELECTROPLUS CUYPERS

Director · since 20 juin 2025 · until 20 juin 2031 · 0448.798.412

Represented by Cuypers Philippe

Active
Etablissements Octave Tasiaux

Director · since 20 juin 2025 · until 20 juin 2031 · 0401.565.845

Represented by Delcroix Bernard

Active
Govaerts elektro 2000

Director · since 20 juin 2025 · until 20 juin 2031 · 0466.982.645

Represented by Govaerts Sébastien

Active
NIEDERAU EUPEN

Director · since 20 juin 2025 · until 20 juin 2031 · 0419.897.855

Represented by NIEDEREAU EDGAR E.A.N. Consult

Active
S.A.R.E.M.

Director · since 20 juin 2025 · until 20 juin 2031 · 0401.345.121

Represented by Salaets Lukas

Active

Ended mandates

ALECO

Director · since 28 mars 2024 · until 02 juin 2025 · 0784.340.317

Represented by Tournoy GEERT

Ended
ALFA GENT

Director · since 20 juin 2019 · until 20 juin 2025 · 0452.261.609

Represented by De WULF MAARTEN

Ended
ALFA GENT

Director · since 20 juin 2019 · until 20 juin 2025 · 0452.261.609

Represented by De WULF MAARTEN

Ended
ELECTROPLUS CUYPERS

Director · since 20 juin 2019 · until 20 juin 2025 · 0448.798.412

Represented by Cuypers PHILIPPE

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates20/08/2026
    ONTSLAGEN, BENOEMINGEN
    PDF
  • Mandates11/06/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/07/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/12/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/07/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office22/10/2018
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates25/07/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/07/2015
    ONTSLAGEN - BENOEMINGEN
    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 202517,5 k €↓
  2. 2024
    Annual accounts 202425,4 k €↓
  3. 2023
    Annual accounts 2023135,3 k €↑
  4. 2022
    Annual accounts 2022132 k €↓
  5. 2021
    Annual accounts 2021134,8 k €↓
  6. 2019
    Annual accounts 2019175,2 k €↑
  7. 2018
    Annual accounts 201854,9 k €↓
  8. 2017
    Annual accounts 2017132,8 k €↑
  9. 2016
    Annual accounts 201668,9 k €↓
  10. 2015
    Annual accounts 201569,3 k €↑
  11. 2014
    Annual accounts 201459,2 k €↓
  12. 2013
    Annual accounts 201390 k €↓
  13. 2012
    Annual accounts 201293 k €↑
  14. 2011
    Annual accounts 201161,8 k €↓
  15. 2010
    Annual accounts 201079,7 k €↑
  16. 2009
    Annual accounts 200955 k €↑
  17. 2008
    Annual accounts 2008-27,2 k €
  18. 22/10/2007
    IncorporationCooperative company with limited liability