ACTIVE

G.B.D. LIGHTING

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Financial year 2025 · closed on 31/12/2025

Net result

-1,6 k €

-1382.7% YoY

Gross margin

-1 k €

-260.3% YoY

Equity

164,6 k €

-1.0% YoY

What does G.B.D. LIGHTING do?

G.B.D. LIGHTING is a Public limited company incorporated in 2008. Its main activity is: Retail sale of other household equipment in specialised stores. Its registered office is in Fléron.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0899.439.131

Incorporation

23/07/2008

Legal form

Public limited company

Registered office

Rue de l'Eglise 4
4620 Fléron · WallonieSee on map

Contributed capital

61 500,00 €

Latest accounts

31/12/2025

Activities (NACE)

47552Retail sale of other household equipment in specialised stores· main 47592Retail sale of furniture, lighting equipment and other household articles in specialised stores 27330Manufacture of wiring devices 27330Manufacture of wiring devices 27402Manufacture of electric lighting equipment 27402Manufacture of electric lighting equipment+2

Signals

Solid equityLow riskGood liquidity

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009
Income statement
Gross margin	-1 k €	-260%	641,1 €	-93.7%	10,1 k €	+20.6%	8,4 k €	+80.8%	4,6 k €	-3.4%	4,8 k €	-52.6%	10,1 k €	-10.0%	11,3 k €	+85.4%	6,1 k €	+3446%	171,1 €	+135%	-483,7 €	+92.0%	-6,1 k €	-330%	2,6 k €	-77.4%	11,7 k €	-80.7%	60,3 k €	-31.5%	88 k €	+1285%	6,4 k €
EBITDA	-1,4 k €	-662%	253,8 €	-97.4%	9,7 k €	+21.1%	8 k €	+87.4%	4,3 k €	-3.6%	4,5 k €	-54.5%	9,8 k €	-10.3%	10,9 k €	+90.6%	5,7 k €	+3342%	-176,4 €	+80.9%	-922,2 €	+85.6%	-6,4 k €	-356%	2,5 k €	-78.3%	11,5 k €	-3.5%	12 k €	-84.5%	77,3 k €	+1116%	6,4 k €
Operating result	-1,4 k €	-662%	253,8 €	-97.4%	9,7 k €	+21.1%	8 k €	+87.4%	4,3 k €	-3.6%	4,5 k €	-54.5%	9,8 k €	-10.3%	10,9 k €	+90.6%	5,7 k €	+3342%	-176,4 €	+80.9%	-922,2 €	+85.6%	-6,4 k €	-373%	2,3 k €	-79.2%	11,3 k €	-3.6%	11,7 k €	-84.8%	77 k €	+1191%	6 k €
Net result	-1,6 k €	-1383%	124,8 €	-98.2%	7,1 k €	+21.1%	5,9 k €	+91.3%	3,1 k €	+0.1%	3,1 k €	-55.7%	6,9 k €	-10.5%	7,7 k €	+38.9%	5,6 k €	+1493%	-400,3 €	+61.8%	-1 k €	+84.0%	-6,5 k €	-426%	2 k €	-71.5%	7 k €	-17.1%	8,5 k €	-83.6%	51,8 k €	+1259%	3,8 k €
Balance sheet
Equity	164,6 k €	-1.0%	166,2 k €	+0.1%	166,1 k €	+4.5%	159 k €	+3.8%	153,1 k €	+2.0%	150 k €	+2.1%	147 k €	+5.0%	140 k €	+5.9%	132,3 k €	+4.4%	126,7 k €	-0.3%	127,1 k €	-0.8%	128,2 k €	-4.8%	134,7 k €	+1.5%	132,7 k €	+5.6%	125,6 k €	+7.2%	117,1 k €	+79.4%	65,3 k €
Total assets	340,6 k €	+0.2%	339,9 k €	-0.0%	340 k €	+1.6%	334,5 k €	+2.1%	327,6 k €	-32.9%	488 k €	-6.9%	524 k €	-11.3%	590,9 k €	+27.1%	464,7 k €	+1.3%	458,7 k €	-1.2%	464,1 k €	-0.2%	465,1 k €	-2.5%	477 k €	-3.8%	495,6 k €	-29.9%	707,3 k €	+101%	351,2 k €	+133%	150,5 k €
Cash	5 k €	-77.1%	21,8 k €	-17.3%	26,3 k €	-48.7%	51,4 k €	-34.2%	78,1 k €	-33.7%	117,8 k €	+288%	30,4 k €	+78.1%	17 k €	+98.6%	8,6 k €	+131%	3,7 k €	-64.8%	10,5 k €	-2.9%	10,8 k €	-58.6%	26,2 k €	+2.9%	25,5 k €	+396%	5,1 k €	-57.2%	12 k €	+124%	5,4 k €
Debts	176 k €	+1.4%	173,6 k €	-0.1%	173,9 k €	-1.0%	175,5 k €	+0.6%	174,5 k €	-48.4%	337,9 k €	-10.4%	377 k €	-16.4%	450,8 k €	+35.6%	332,4 k €	+0.1%	332 k €	-1.5%	337 k €	+0.0%	336,9 k €	+1.1%	333,3 k €	-7.1%	358,7 k €	-38.2%	580,1 k €	+149%	233,1 k €	+174%	85,2 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		–		–		–		–		0,5 ETP	+150%	0,2 ETP		–

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 6 ended

Active mandates

E.M.G.E.

Managing director · since 25 juin 2020 · 0866.135.863

Represented by Marc GERON

Active

MARTINE DELCOUR

Director

Active

Ended mandates

E.M.G.E.

Managing director · since 22 décembre 2010 · 0866.135.863

Represented by MARC GERON

Ended

CECILE BROUET

Director · since 22 juillet 2008

Ended

JEAN DE GROM

Managing director · since 22 juillet 2008

Ended

MARTINE DELCOUR

Director · since 22 juillet 2008

Ended

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	01/07/2026	30/06/2025	03/07/2024	26/06/2023	31/08/2022	27/08/2021
General meeting	27/06/2026	28/06/2025	29/06/2024	24/06/2023	25/06/2022	26/06/2021
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

17 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	27/06/2026	01/07/2026	French	PDF
Abridged model	31/12/2024	28/06/2025	30/06/2025	French	PDF
Abridged model	31/12/2023	29/06/2024	03/07/2024	French	PDF
Abridged model	31/12/2022	24/06/2023	26/06/2023	French	PDF
Abridged model	31/12/2021	25/06/2022	31/08/2022	French	PDF
Abridged model	31/12/2020	26/06/2021	27/08/2021	French	PDF
Abridged model	31/12/2019	22/08/2020	04/09/2020	French	PDF
Abridged model	31/12/2018	28/06/2019	24/07/2019	French	PDF
Abridged model	31/12/2017	30/06/2018	14/07/2018	French	PDF
Abridged model	31/12/2016	24/06/2017	05/07/2017	French	PDF
Abridged model	31/12/2015	25/06/2016	18/07/2016	French	PDF
Abridged model	31/12/2014	27/06/2015	23/07/2015	French	PDF
Abridged model	31/12/2013	28/06/2014	29/08/2014	French	PDF
Abridged model	31/12/2012	28/06/2013	30/08/2013	French	PDF
Abridged model	31/12/2011	30/06/2012	28/08/2012	French	PDF
Abridged model	31/12/2010	25/06/2011	29/08/2011	French	PDF
Abridged model	31/12/2009	26/06/2010	31/08/2010	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 · 6 ended

Active mandates

E.M.G.E.

Managing director · since 25 juin 2020 · 0866.135.863

Represented by Marc GERON

Active

MARTINE DELCOUR

Director

Active

Ended mandates

E.M.G.E.

Managing director · since 22 décembre 2010 · 0866.135.863

Represented by MARC GERON

Ended

CECILE BROUET

Director · since 22 juillet 2008

Ended

JEAN DE GROM

Managing director · since 22 juillet 2008

Ended

MARTINE DELCOUR

Director · since 22 juillet 2008

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates28/11/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DIVERS - OBJET - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
PDF
Mandates31/07/2020
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Other10/06/2011
DIVERS
PDF
Mandates25/01/2011
DEMISSIONS, NOMINATIONS
PDF
Other25/07/2008
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

2025
Annual accounts 2025-1,6 k €↓
2024
Annual accounts 2024124,8 €↓
2023
Annual accounts 20237,1 k €↑
2022
Annual accounts 20225,9 k €↑
2021
Annual accounts 20213,1 k €↑
2020
Annual accounts 20203,1 k €↓
2019
Annual accounts 20196,9 k €↓
2018
Annual accounts 20187,7 k €↑
2017
Annual accounts 20175,6 k €↑
2016
Annual accounts 2016-400,3 €↑
2015
Annual accounts 2015-1 k €↑
2014
Annual accounts 2014-6,5 k €↓
2013
Annual accounts 20132 k €↓
2012
Annual accounts 20127 k €↓
2011
Annual accounts 20118,5 k €↓
2010
Annual accounts 201051,8 k €↑
2009
Annual accounts 20093,8 k €
23/07/2008
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

G.B.D. LIGHTING

Overview

What does G.B.D. LIGHTING do?

Trend over 17 financial years

Indicative valuation

Board of directors

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