ACTIVE

GFR Projects

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Financial year 2025 · closed on 31/12/2025
Net result
30,9 k €
+313.0% YoY
Gross margin
107,9 k €
+14621.0% YoY
Equity
416,4 k €
+8.0% YoY
Workforce
0,0 ETP

What does GFR Projects do?

GFR Projects is a Private limited company incorporated in 2024. Its registered office is in Turnhout.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 1011.425.334
Incorporation
10/07/2024
Legal form
Private limited company
Registered office
Kempenlaan 2A box 1.2.
2300 Turnhout · FlandreSee on map
Contributed capital
400 000,00 €
Latest accounts
31/12/2025
Average workforce
0,0 ETP
Contacts
1 public detail availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 2 financial years

20252024
Income statement
Gross margin107,9 k €-743,3 €
EBITDA88,4 k €-2 k €
Operating result68,5 k €-7,8 k €
Net result30,9 k €-14,5 k €
Balance sheet
Equity416,4 k €385,5 k €
Total assets1,2 M €786,9 k €
Cash48,9 k €33,7 k €
Debts805,5 k €400,3 k €
Other
Workforce0,0 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 · 1 ended

Active mandates

Frans Wauters

Director

Active
GINVESTCO BV

Director · 0779.888.413

Represented by August van Puijenbroek

Active

Ended mandates

GINVESTCO BV

Director · 0779.888.413

Represented by August van Puijenbroek

Ended
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Annual accounts

Full financial information

20252024
Type of accountAbridged modelAbridged model
Start of the financial year01/01/202510/07/2024
Closing of the financial year31/12/202531/12/2024
Length of the financial year12 months6 months
Filing date18/02/202616/04/2025
General meeting09/02/202610/04/2025
Currency of the financial yearEUREUR
NBB quality labelSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

2 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202509/02/202618/02/2026DutchPDF
Abridged model31/12/202410/04/202516/04/2025DutchPDF
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 · 1 ended

Active mandates

Frans Wauters

Director

Active
GINVESTCO BV

Director · 0779.888.413

Represented by August van Puijenbroek

Active

Ended mandates

GINVESTCO BV

Director · 0779.888.413

Represented by August van Puijenbroek

Ended
Shareholders

Ownership and network

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Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Other12/07/2024
    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

Timeline

  1. 2025
    Annual accounts 202530,9 k €↑
  2. 2024
    Annual accounts 2024-14,5 k €
  3. 10/07/2024
    IncorporationPrivate limited company