ACTIVE

GEWAL

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Financial year 2025 · closed on 31/12/2025
Net result
-112,6 k €
-411.7% YoY
Revenue
9,7 M €
+1.8% YoY
Equity
628 k €
-15.2% YoY
Workforce
19,1 ETP
0.0% YoY

What does GEWAL do?

GEWAL is a Public limited company incorporated in 2008. Its main activity is: Retail sale in non-specialised stores with food, beverages or tobacco predominating. Its registered office is in Watermael-Boitsfort. It employs on average 19,1 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0898.756.765
Incorporation
24/06/2008
Legal form
Public limited company
Registered office
Place Eugène Keym 83
1170 Watermael-Boitsfort · BruxellesSee on map
Contributed capital
750 000,00 €
Latest accounts
31/12/2025
Average workforce
19,1 ETP
Activities (NACE)
47110Retail sale in non-specialised stores with food, beverages or tobacco predominating· main47113Retail sale in non-specialised stores with food, beverages or tobacco predominating47114Retail sale in non-specialised stores with food, beverages or tobacco predominating
Joint committees (5)
  • 119
  • 200
  • 201
  • 202
  • 20201
Signals
Good liquidityHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20252024202320222021202020192018201720162015201420132012201120102009
Income statement
Revenue9,7 M €9,5 M €10,4 M €9,3 M €9 M €9,5 M €9,6 M €10,2 M €10,3 M €10,3 M €9,3 M €9 M €9,1 M €9,2 M €8,4 M €8,1 M €11,6 M €
EBITDA-18,2 k €144,2 k €277,5 k €198,8 k €124,2 k €263,9 k €179,4 k €379,9 k €434,7 k €615 k €250,4 k €162,5 k €143,3 k €192,5 k €127,4 k €208,6 k €-107,1 k €
Operating result-74,7 k €88,8 k €239,4 k €154,9 k €81,1 k €107,5 k €-8,7 k €135,5 k €125,6 k €322,6 k €81 k €295,1 €-39 k €4,2 k €-56,2 k €33,1 k €-332,3 k €
Net result-112,6 k €36,1 k €140,4 k €121,9 k €47 k €58,9 k €-51,5 k €84,4 k €69,9 k €256 k €24,8 k €-46,4 k €-86,8 k €-42,3 k €-122,2 k €-79,1 k €-420,5 k €
Balance sheet
Equity628 k €740,6 k €704,4 k €564 k €442,1 k €395,1 k €336,2 k €387,7 k €303,3 k €233,4 k €-22,5 k €-47,4 k €-915,2 €85,8 k €78,2 k €200,4 k €279,5 k €
Total assets2,5 M €2,3 M €2,3 M €2,3 M €2,2 M €2,3 M €2,4 M €2,6 M €2,6 M €2,6 M €2,6 M €1,7 M €1,8 M €1,7 M €1,7 M €1,9 M €2 M €
Cash56,4 k €80,2 k €134,2 k €140,9 k €130,5 k €198,7 k €102,2 k €134,6 k €188,1 k €335,3 k €177 k €210,3 k €217,4 k €198,5 k €193,9 k €150,3 k €203,1 k €
Debts1,8 M €1,5 M €1,6 M €1,7 M €1,7 M €1,9 M €2 M €2,2 M €2,3 M €2,4 M €2,6 M €1,7 M €1,8 M €1,7 M €1,6 M €1,7 M €1,6 M €
Other
Workforce19,1 ETP19,1 ETP19,6 ETP21,2 ETP24,5 ETP22,5 ETP27,3 ETP27,0 ETP29,6 ETP26,9 ETP27,1 ETP30,3 ETP27,6 ETP30,1 ETP28,9 ETP28,4 ETP24,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 14 ended

Active mandates

André LEGRAND

Managing director · since 05 juin 2025 · until 04 juin 2031

Active
Christophe THIRY

Managing director · since 05 juin 2025 · until 04 juin 2031

Active

Ended mandates

ANDRE LEGRAND

Managing director · since 13 décembre 2019 · until 12 décembre 2025

Ended
André LEGRAND

Managing director · since 13 décembre 2019 · until 12 décembre 2026

Ended
CHRISTOPHE THIRY

Managing director · since 13 décembre 2019 · until 12 décembre 2025

Ended
ANDRE LEGRAND

Managing director · since 02 juin 2014 · until 01 juin 2020

Ended
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 date23/06/202624/06/202503/07/202430/06/202321/06/202230/06/2021
General meeting01/06/202602/06/202503/06/202405/06/202306/06/202207/06/2021
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

17 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202501/06/202623/06/2026FrenchPDF
Abridged model31/12/202402/06/202524/06/2025FrenchPDF
Abridged model31/12/202303/06/202403/07/2024FrenchPDF
Abridged model31/12/202205/06/202330/06/2023FrenchPDF
Abridged model31/12/202106/06/202221/06/2022FrenchPDF
Abridged model31/12/202007/06/202130/06/2021FrenchPDF
Abridged model31/12/201908/06/202017/06/2020FrenchPDF
Abridged model31/12/201803/06/201913/06/2019FrenchPDF
Abridged model31/12/201704/06/201814/06/2018FrenchPDF
Abridged model31/12/201605/06/201730/06/2017FrenchPDF
Abridged model31/12/201506/06/201601/07/2016FrenchPDF
Abridged model31/12/201401/06/201510/07/2015FrenchPDF
Abridged model31/12/201302/06/201409/07/2014FrenchPDF
Abridged model31/12/201203/06/201312/08/2013FrenchPDF
Full model31/12/201104/06/201231/07/2012FrenchPDF
Full model31/12/201006/06/201123/08/2011FrenchPDF
Abridged model31/12/200901/06/201023/08/2010FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 · 14 ended

Active mandates

André LEGRAND

Managing director · since 05 juin 2025 · until 04 juin 2031

Active
Christophe THIRY

Managing director · since 05 juin 2025 · until 04 juin 2031

Active

Ended mandates

ANDRE LEGRAND

Managing director · since 13 décembre 2019 · until 12 décembre 2025

Ended
André LEGRAND

Managing director · since 13 décembre 2019 · until 12 décembre 2026

Ended
CHRISTOPHE THIRY

Managing director · since 13 décembre 2019 · until 12 décembre 2025

Ended
ANDRE LEGRAND

Managing director · since 02 juin 2014 · until 01 juin 2020

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other30/05/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates22/04/2020
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates27/08/2014
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares23/08/2012
    CAPITAL, ACTIONS
    PDF
  • Other03/07/2008
    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

Timeline

  1. 2025
    Annual accounts 2025-112,6 k €↓
  2. 2024
    Annual accounts 202436,1 k €↓
  3. 2023
    Annual accounts 2023140,4 k €↑
  4. 2022
    Annual accounts 2022121,9 k €↑
  5. 2021
    Annual accounts 202147 k €↓
  6. 2020
    Annual accounts 202058,9 k €↑
  7. 2019
    Annual accounts 2019-51,5 k €↓
  8. 2018
    Annual accounts 201884,4 k €↑
  9. 2017
    Annual accounts 201769,9 k €↓
  10. 2016
    Annual accounts 2016256 k €↑
  11. 2015
    Annual accounts 201524,8 k €↑
  12. 2014
    Annual accounts 2014-46,4 k €↑
  13. 2013
    Annual accounts 2013-86,8 k €↓
  14. 2012
    Annual accounts 2012-42,3 k €↑
  15. 2011
    Annual accounts 2011-122,2 k €↓
  16. 2010
    Annual accounts 2010-79,1 k €↑
  17. 2009
    Annual accounts 2009-420,5 k €
  18. 24/06/2008
    IncorporationPublic limited company