Active · per the CBE, 18 September 2026

GHELAMCO GROUP

BE0879623417

Rechtspersoon Public limited company 2 establishments

GHELAMCO GROUP is registered with the CBE as active in: Activiteiten van holdings. Public Limited, started on 27 February 2006, 2 establishments.

Zwaanhofweg 10, 8900 Ieper

Behind the company: Opus Terrae BV.

Active for

20 year, 6 months

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Tight liquidity NBB

    Cash and receivables cover 2 % of short-term debt in 2024; threshold 65 %.

  • Busy address KBO

    79 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2024

GHELAMCO GROUP from Ieper, company number BE0879623417, closed financial year 2024 with a result of € 8.7 million after tax. For that financial year GHELAMCO GROUP recorded revenue of € 1.3 million and equity of € 376.1 million. Compared with financial year 2023, the result moved from € -10.4 million to € 8.7 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 12, 2025.

What it is worth Growing

€ 376.1 million

▲ 2% vs 2023

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 8.7 million

▲ still € 10.4 million loss in 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 688,380

▲ 105% vs 2023

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2024. Retained profit grew to € 347.9 million.

People and assets in 2024

Full-time equivalents

6.7

▼ 1.7 vs 2023

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 609,265

▼ 24% vs 2023

€ 90,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 62,355

Book value of vehicles, furniture and equipment.

Debts at end 2024

Bank debt

€ 3.3 million

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 3.9 million

▼ 1% vs 2023

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 201 days on average.

Taxes and wages

€ 461,125

▼ 30% vs 2023

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
2021202220232024Change 2023 → 2024
Revenue € 1,070,695 € 970,565 € 1,167,266 € 1,273,080 ▲ 9%
Profit after taxes € -13,137,054 € -23,799,337 € -10,446,346 € 8,671,686 ▲ € 19.1 million
Equity € 401,634,987 € 377,835,650 € 367,389,304 € 376,060,990 ▲ 2%
Total debts € 597,433,775 € 662,113,833 € 626,676,580 € 628,741,554
Cash € 664,210 € 136,181 € 334,998 € 688,380 ▲ 105%
Retained profit € 373,440,764 € 349,641,427 € 339,195,081 € 347,866,767 ▲ 3%
Bank debt € 185,087,920 € 309,647,920 € 0 € 3,298,494
Balance sheet total € 999,068,762 € 1,039,949,483 € 994,065,884 € 1,004,802,544 ▲ 1%
Employees (FTE) 6.9 6.9 8.4 6.7 ▼ 1.7

Key figures of GHELAMCO GROUP, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.

What happened to GHELAMCO GROUP?

What happened at GHELAMCO GROUP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2024: profit of € 8.7 million. filed late Source: NBB ↗
  • New establishment in Gent. KBO
  • New establishment in Ieper. KBO
  • Start of the company according to the CBE. KBO
  • Opus Terrae BV became a director. NBB

In short

From € 13.1 million loss in 2021 to € 8.7 million profit in 2024.

Paid € 10.8 million in corporate taxes since 2021.

Best year ever: 2024, with € 8.7 million profit.

Management

The stake of OPUS TERRAE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

GHELAMCO GROUP
Granbero Holding ltd 100%
Salamanca Capital Services ltd 100%
Peridot sl 48.4%

Behind GHELAMCO GROUP is Opus Terrae BV. The shares are held by OPUS TERRAE (0%). It owns 100% of Granbero Holding ltd, 100% of Salamanca Capital Services ltd, 86.2% of Ghelamco Invest and 48.4% of Peridot sl itself.

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Directors

According to the 2024 annual accounts

Opus Terrae BV

Director · represented by Paul Gheysens

Also active at: DOCK-SITE, R.H.R. - INDUSTRIES, GHELAMCO INVEST, THE WHITE HOUSE ZOUTE, SAFE HOLDING BELGIUM, Zeewind, MeetDistrict, PGP +15 more

since 2006

Shareholders

Participations

Granbero Holding ltd

100%

Salamanca Capital Services ltd

100%

Peridot sl

48.4%

Establishments

Establishment units

Physical locations of this company

Registered office

Zwaanhofweg 10

8900 Ieper

2.277.255.538

Ottergemsesteenweg-Zuid 808 box C31

9000 Gent

Active since 1 January 2017

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0879.623.417
VAT number
BE 0879.623.417
Registered office
Zwaanhofweg 10, 8900 Ieper
Names & denominations
GHELAMCO GROUP
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Normale toestand
Start date
27 February 2006
Peppol
Active · Active since 1 Jan 2001
Activities · NACE

Activiteiten van holdings

Managementactiviteiten van holdings

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Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

Holdings

Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering

Frequently asked questions

What does GHELAMCO GROUP do?
GHELAMCO GROUP is registered with the CBE as active in: Activiteiten van holdings. Public Limited, started on 27 February 2006, 2 establishments.
What is the address of GHELAMCO GROUP?
The registered office of GHELAMCO GROUP is located at Zwaanhofweg 10, 8900 Ieper.
Is GHELAMCO GROUP still active?
Yes. According to the CBE (18 September 2026) GHELAMCO GROUP is active, legal situation “Normale toestand”, started on 27 February 2006.
Is GHELAMCO GROUP registered on Peppol?
Yes, GHELAMCO GROUP is registered on the Peppol network with ID 0208:0879623417.
What is the enterprise number of GHELAMCO GROUP?
The enterprise number of GHELAMCO GROUP is BE0879623417.
When was GHELAMCO GROUP founded?
GHELAMCO GROUP was founded on 27 February 2006.