Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
Germa from Duffel, company number BE0400633061, closed financial year 2025 with a result of € 5,241 after tax. For that financial year Germa recorded a gross margin of € 30,518 and equity of € 692,989. Compared with financial year 2024, the result moved from € 1,039 to € 5,241. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 29, 2026.
€ 692,989
▼ 16% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 5,241
▲ € 4,202 vs 2024
Profit after tax over the fiscal year.
€ 115,067
▲ 17% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 135,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
Debts at end 2025
€ 43,099
▼ 14% vs 2024
€ 7,448 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 1,034
▼ 86% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,400
▼ 35% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -454 | € 23,274 | € 22,756 | € 30,518 | ▲ 34% |
| Profit after taxes | € -18,099 | € 3,664 | € 1,039 | € 5,241 | ▲ € 4,202 |
| Equity | € 818,046 | € 821,710 | € 822,749 | € 692,989 | ▼ 16% |
| Total debts | € 104,358 | € 99,155 | € 100,675 | € 224,220 | ▲ 123% |
| Cash | € 344,018 | € 348,903 | € 98,624 | € 115,067 | ▲ 17% |
| Land & buildings | € 479,744 | € 467,453 | € 461,331 | € 442,742 | ▼ 4% |
| Retained profit | € 756,046 | € 759,710 | € 760,749 | € 630,989 | ▼ 17% |
| Dividend | € 0 | € 0 | € 0 | € 135,000 | |
| Bank debt | € 64,431 | € 57,430 | € 50,320 | € 43,099 | ▼ 14% |
| Balance sheet total | € 996,983 | € 991,307 | € 989,730 | € 979,379 | ▼ 1% |
Key figures of Germa, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Germa?
What happened at Germa in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Dave Verbesselt stepped down as director. NBB
- Ben Verbesselt stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 5,241 (▲ € 4,202 vs 2024). Source: NBB ↗
- Dave Verbesselt became a director. NBB
- Ben Verbesselt became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Duffel. KBO
In short
From € 18,099 loss in 2022 to € 5,241 profit in 2025.
Paid € 15,495 in corporate taxes since 2022.
Best year ever: 2025, with € 5,241 profit.
Paid out € 135,000 in dividends to the owners in total.
Management
Directors
According to the 2025 annual accounts
Dave Verbesselt
Managing director
Also active at: Groep Goris Verzekeringen, Groep Goris Bank, Groep Goris Mechelen, BZB-FEDAFIN, JDSB INVEST, GROEP GORIS, zakenkantoor verbesselt, SABU-Invest
since 2016 · until 2028
since 2016 · until 2028
Establishments
Establishment units
Physical locations of this company
Wandelingstraat 69
2570 Duffel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0400.633.061
- VAT number
- BE 0400.633.061
- Registered office
- Wandelingstraat 69, 2570 Duffel
- Names & denominations
- Germa
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 August 1964
- Peppol
- Not registered
- Activities · NACE
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