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GHELAMCO GROUP

Active Public limited companyfounded 2006active for 20 yearsZwaanhofweg 10, 8900 YpresKBO/BCE: BE 0879.623.417 #1 company by total assets in Ypres, Professional and technical services sector
Heads the group GHELAMCO GROUP 61 companies in 4 countries
See the group

Lifetime

18 annual accounts with figures on one time axis, 19 filings since 2006
peak €1.04bn (2022)
€1.00bn▲ 1.1%
lowest -€23.8m (2022)
€8.7m▲ €19.1m
peak €521.3m (2016)
€376.1m▲ 2.4%
€628.7m▲ 0.3%
peak 11 FTE (2007)
6.7 FTE▼ 20.2%
Board2 names since 2006
1 directorOPUS TERRAE
Owners
Documentsfilings and deeds
12-08-202512 days late
2024financial year
Back to profit: €8.7mStaff from 8.4 FTE to 6.7 FTEInvestments €11.9mCash from €334,998 to €688,380

Key points

from the 2024 annual accounts

Result

€8.7m €8.7m
-€10m2023€8.7m2024

Back in profit in 2024, after a loss of €10.4m in 2023.

Staff

6.7 FTE from 11 in 2007

Between 2007 and 2024, 39% of the full-time equivalents disappeared.

Payment terms

201 days to suppliers
Suppliers
194 to 201
Customers
776 to 481

GHELAMCO GROUP pays its suppliers 7 days later than in 2023. Customers pay 295 days earlier.

Filings

19 annual accounts 36 filings, 99 days past the deadline
AprilJune31 JulyOctober201020152020

2025 accounts not filed: deadline was 31-07-2026.

Group

63 companies controlled

Heads a group.

Holding: outside the score modelBankruptcy probability: sector outside the modelStandalone figures, without subsidiaries

Checked score

Outside the general model
Holding: general score not applicable
The company has a registered holding activity. Financial fixed assets make up more than half of its assets. The general model for operating companies does not fit such a balance sheet, so there is no score and no financial strength.
Filing: One annual filing is missing

Bankruptcy probability within 12 months

The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.

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Signals

Two signals.
raises riskneutral
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 99 days later.
NBB · 5 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline07-11-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 16-07-2025, 15 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
not filed
2024
15 days early
2023
on the day
2022
26 days early
2021
32 days early
2020
19 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 18 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

OT
Daily manager, Paul GHEYSENS
KB
Auditor, Tim VERMEIREN

Shares in 17 companies, including Granbero Holding ltd and Salamanca Capital Services ltd

Board & ownership

Recent changes

Permanent representative: Christophe Van Parys Appointment: Opus Terrae BV (day-to-day manager) · Board meeting of 23-12-2025 · Gazette deed
Reappointment: KPMG Bedrijfsrevisoren (statutory auditor) Permanent representative: Paul GHEYSENS · General meeting of 10-07-2024 · Gazette deed
Change of role: OPUS TERRAE, from statutory manager to statutory director Permanent representative: Paul GHEYSENS · “Het verwerven,aanhouden en beheren van participaties onder welke vorm ook,in Belgische of buitenlandse…” (deed in Dutch) · Legal-form conversion: from partnership limited by shares to public limited company · General meeting of 09-11-2023 · Gazette deed
Reappointment: KPMG Bedrijfsrevisoren (statutory auditor) Permanent representative: Paul GHEYSENS · General meeting of 04-06-2021 · Gazette deed
All 50 events

Comparable companies

same main activity, similar in size and age
Company
GHELAMCO GROUP Ypres €1.3m - 37.4% 6.7
ALYCHLO Merelbeke-Melle €2.0m - 80.7% 5.6
SENSINNOVAT Tessenderlo-Ham €0.7m - 100.0% 3.8
BELHYPERION Uccle €2.2m - 71.7% 6.7
EUROGRID INTERNATIONAL Brussels €0.6m - 100.0% 3.1
SAFFELBERG INVESTMENTS Pajottegem €1.4m - 98.0% 2.4
STANLEY EUROPE Mechelen €1.5m -18.5% 99.8% 5.3

These companies have the same main activity as GHELAMCO GROUP: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €327m and €2bn, founded between 1998 and 2010.

Official details

Source: KBO
Status
Active since 27-02-2006Normal situation
Registered office
88 active companies are registered at this addressSource: KBO register, as of 7 November 2026.
Activity
Business and other management consultancyNACE 70200and 1 other
Establishment units
2.157.666.5158900 Ypres, since 01-04-2006
2.277.255.5389000 Ghent, since 01-01-2017
Financial year end
31 December
Peppol
Reachable
Company details

Annual accounts 2024

€1.00bn▲ 1.1%
Employeeson 31-12-2024
6▼ 14.3%
Filing
Filed on 12-08-2025
Financials

Companies linked to GHELAMCO GROUP

Insights on GHELAMCO GROUP

GHELAMCO GROUP has existed since 2006. The present size dates from 2016. The balance sheet total rose that year from €281.5m to €761.1m.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about GHELAMCO GROUP

What is the company number of GHELAMCO GROUP?
The company number of GHELAMCO GROUP is 0879.623.417. The VAT number is the same number with BE in front: BE 0879.623.417.
Where is GHELAMCO GROUP based?
The registered office is at Zwaanhofweg 10, 8900 Ypres.Company details
What does GHELAMCO GROUP do?
According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
What is the legal form of GHELAMCO GROUP?
GHELAMCO GROUP is a public limited company (NV).
When was GHELAMCO GROUP founded?
GHELAMCO GROUP was founded on 27-02-2006.
Is GHELAMCO GROUP still active?
Yes, GHELAMCO GROUP is an active enterprise in the KBO register.
How many employees does GHELAMCO GROUP have?
GHELAMCO GROUP had an average of 6.7 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of GHELAMCO GROUP?
The turnover of GHELAMCO GROUP was €1.3m in financial year 2024, according to the filed annual accounts.
Is GHELAMCO GROUP profitable?
In financial year 2024, GHELAMCO GROUP made a profit of €8.7m.
Where can I find the annual accounts of GHELAMCO GROUP?
GHELAMCO GROUP filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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