GABELI
Annual accounts 2025
micro format, filed on 28-07-2026, 3 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €550,000. Estimated: probably between €450,000 and €960,000.
Balance sheet
balance sheet total €771,116 on 31-12-2025in euro
in euro
Position in the sector
0.7%
Higher than 10% of 39,360 companies in 2025.
1.21
Higher than 32% of 38,044 companies in 2025.
26.0%
Higher than 66% of 38,516 companies in 2025.
Net result: top quarter · Equity: bottom quarter · Balance sheet total: top quarter · Working capital: middle half
Staff
€28,674
Staff costs divided by the average number of full-time equivalents.
+1 person
In 2025, 1 person joined and nobody left.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||
20/58 |
771,116 | 280,126 | 709,939 | 575,118 | 371,796 | 126,610 | |
21/28 |
328,211 | 78,814 | 40,394 | 4,377 | 1,928 | 2,653 | |
22/27 |
328,211 | 78,814 | 40,394 | 4,377 | 1,928 | 2,653 | |
22 |
191,906 | - | - | - | - | - | |
24 |
133,247 | 75,330 | 36,484 | 4,377 | 1,928 | 2,653 | |
26 |
3,058 | 3,484 | 3,910 | - | - | - | |
29/58 |
442,905 | 201,313 | 669,545 | 570,741 | 369,868 | 123,957 | |
40/41 |
379,028 | 66,690 | 50,471 | 97 | 52,882 | 35,975 | |
40 |
51,687 | 53,513 | 44,015 | 97 | 52,882 | 35,975 | |
41 |
327,341 | 13,177 | 6,456 | - | - | - | |
50/53 |
- | 0 | 580,000 | - | - | - | |
54/58 |
57,663 | 131,541 | 35,847 | 569,354 | 315,694 | 87,982 | |
490/1 |
6,214 | 3,082 | 3,227 | 1,291 | 1,291 | - | |
| Balance sheet: equity and liabilities | |||||||
10/49 |
771,116 | 280,126 | 709,939 | 575,118 | 371,796 | 126,610 | |
10/15 |
5,633 | 5,379 | 5,018 | 407,560 | 228,990 | 46,873 | |
10/11 |
5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | |
11 |
- | - | - | - | - | 5,000 | |
1109/19 |
- | - | - | - | - | 5,000 | |
14 |
633 | 379 | 18 | 402,560 | 223,990 | 41,873 | |
17/49 |
765,483 | 274,747 | 704,920 | 167,558 | 142,806 | 79,737 | |
17 |
397,615 | - | - | - | - | - | |
170/4 |
397,615 | - | - | - | - | - | |
42/48 |
367,422 | 274,747 | 704,920 | 167,558 | 142,806 | 79,737 | |
42 |
41,248 | - | - | - | - | - | |
43 |
8,103 | 953 | 2,453 | 243 | 1,013 | - | |
430/8 |
8,103 | 953 | 2,453 | 243 | 1,013 | - | |
44 |
19,833 | 1,765 | 5,846 | 6,408 | 20,704 | 1,103 | |
440/4 |
19,833 | 1,765 | 5,846 | 6,408 | 20,704 | 1,103 | |
45 |
29,951 | 24,891 | 74,162 | 128,421 | 86,163 | 28,087 | |
450/3 |
25,927 | 24,891 | 74,162 | 128,421 | 86,163 | 28,087 | |
454/9 |
4,024 | - | - | - | - | - | |
47/48 |
268,286 | 247,138 | 622,460 | 32,487 | 34,926 | 50,548 | |
492/3 |
447 | - | - | - | - | - | |
| Income statement | |||||||
9900 |
381,458 | 321,626 | 252,862 | 236,155 | 241,448 | 53,152 | |
62 |
28,674 | - | - | - | - | - | |
630 |
76,726 | 13,483 | 5,395 | 1,175 | 725 | 246 | |
640/8 |
7,418 | 3,164 | 384 | 348 | 348 | 348 | |
9901 |
268,640 | 304,979 | 247,082 | 234,632 | 240,376 | 52,558 | |
75/76B |
262 | 15,690 | 8,185 | 145 | - | - | |
75 |
262 | 15,690 | 8,185 | 145 | - | - | |
65/66B |
2,352 | 2,326 | 2,310 | 2,413 | 2,422 | 25 | |
65 |
2,352 | 2,326 | 2,310 | 2,413 | 2,422 | 25 | |
9903 |
266,551 | 318,343 | 252,958 | 232,365 | 237,954 | 52,533 | |
67/77 |
66,298 | 77,982 | 58,999 | 53,795 | 55,836 | 10,660 | |
9904 |
200,253 | 240,361 | 193,958 | 178,570 | 182,117 | 41,873 | |
9905 |
200,253 | 240,361 | 193,958 | 178,570 | 182,117 | 41,873 | |
| Appropriation of the result | |||||||
9906 |
200,633 | 240,379 | 596,518 | 402,560 | 223,990 | 41,873 | |
14P |
379 | 18 | 402,560 | 223,990 | 41,873 | - | |
694/7 |
200,000 | 240,000 | 596,500 | - | - | - | |
694 |
200,000 | 240,000 | 596,500 | - | - | - | |
| Social balance sheet | |||||||
9087 |
1 | - | - | - | - | - | |
Hours worked1013 |
1,497 | - | - | - | - | - | |
| Document | |||||||
The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 28-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 28-07-2026 | 2026-00342975 | |
| 31-12-2024 | micro format | 31-08-2025 | 2025-00473385 | |
| 31-12-2023 | micro format | 14-09-2024 | 2024-00465685 | |
| 31-12-2022 | micro format | 06-09-2023 | 2023-00439143 | |
| 31-12-2021 | micro format | 29-09-2022 | 2022-20444487 | |
| 31-12-2020 | micro format | 27-08-2021 | 2021-63200283 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| 345,366 | 318,462 | 252,477 | 235,807 | 241,101 | 52,804 | ||
| 276,979 | 253,844 | 199,353 | 179,745 | 182,842 | 42,119 | ||
| 326,123 | 51,903 | 41,412 | 3,624 | 0 | 2,899 | ||
| -73,878 | 95,694 | -533,507 | 253,659 | 227,712 | - | ||
| 75,484 | -73,435 | -35,376 | 403,183 | 227,062 | 44,220 | ||
| 0.7% | 1.9% | 0.7% | 70.9% | 61.6% | 37.0% | ||
| 1.21 | 0.73 | 0.95 | 3.41 | 2.59 | 1.55 | ||
| - | 51.07 | - | 0.41 | 0.62 | 1.70 | ||
| - | - | - | 43.8% | 79.5% | 89.3% | ||
| 26.0% | 85.8% | 27.3% | 31.0% | 49.0% | 33.1% | ||
| over 100 | over 100 | over 100 | 97.73 | 99.53 | - |
A ratio outside any meaningful range has been withheld (balance sheet total €771,116, equity €5,633).
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Social balance sheet
| Item | 31-12-2025 |
|---|---|
| Employees at the balance-sheet date | 1 |
| full-time | 1 |
| in full-time equivalents | 1 |
| 1 | |
| On a permanent contract | 1 |
| Joined | 1 |
| Left | 0 |
Source: social balance sheet in the 2025 annual accounts
Securities and guarantees
on own assets and for others| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Mortgages, amount registered | €25,000 | - | - | - | - |
| €417,000 | - | - | - | - | |
| Carrying value of the mortgaged assets | €191,906 | - | - | - | - |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €326,123 | €51,903 | €41,412 | €3,624 | - |
| €76,726 | €13,483 | €5,395 | €1,175 | €725 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on GABELI
The operating result for 2025 is 12% lower than in 2024.
Debt's share of the balance-sheet total rises from 98.1% to 99.3%. Equity and debt are higher.