G.A.F. is a wholesaler in Wijnegem. Public Limited, started on 18 February 1967, 1 establishment.

What is the address of G.A.F.?

The registered office of G.A.F. is located at Vosveld 17 box A, 2110 Wijnegem.

Is G.A.F. still active?

Yes. According to the CBE (29 October 2026) G.A.F. is active, legal situation “Normale toestand”, started on 18 February 1967.

Is G.A.F. registered on Peppol?

Yes, G.A.F. is registered on the Peppol network with ID 0208:0403718156.

What is the enterprise number of G.A.F.?

The enterprise number of G.A.F. is BE0403718156.

When was G.A.F. founded?

G.A.F. was founded on 18 February 1967.

Who are the directors of G.A.F.?

According to the 2025 annual accounts, the directors of G.A.F. are: Wholesaler Refrigiration & Airco Products BV.

Is G.A.F. a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 18 February 1967; 4 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did G.A.F. make in 2025?

G.A.F. posted a profit after taxes of € 709,026 in financial year 2025.

What is the revenue of G.A.F.?

As a small company, G.A.F. is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 1,489,358.

How much does an employee at G.A.F. earn?

The average wage cost per full-time employee at G.A.F. was € 90,300 in 2025: staff costs of € 478,526 for 5.3 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does G.A.F. have?

According to the 2025 annual accounts, G.A.F. has 5.3 full-time equivalents (FTE).

G.A.F. (Public Limited) - Wijnegem - BE0403718156

Dossier G.A.F., printed on 29 October 2026 from databakkes.be/en/0403718156/g-a-f. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

G.A.F. from Wijnegem, company number BE0403718156, closed financial year 2025 with a result of € 709,026 after tax. For that financial year G.A.F. recorded a gross margin of € 1.5 million and equity of € 341,654. Compared with financial year 2024, the result moved from € 743,556 to € 709,026. The company is profitable. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on December 22, 2025.

What it is worth Healthy

€ 341,654

▼ 47% vs 2024

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

Profit Healthy

€ 709,026

▼ 5% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 957,162

▼ 11% vs 2024

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

Where the profit goes Pays out

€ 1 million paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Full-time equivalents

5.3

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

Wage cost

€ 478,526

▲ 3% vs 2024

€ 90,300 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

€ 117,988

▲ 19% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 301,330

▼ 40% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 189,886

▼ 1% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 998,792 Gross margin 2022: € 998,792 First fiscal year in the series	€ 1,501,994 Gross margin 2023: € 1,501,994 ▲ 50% vs 2022 (€ 998,792) Favourable step	€ 1,503,419 Gross margin 2024: € 1,503,419 Unchanged (€ 1,501,994) Favourable step	€ 1,489,358 Gross margin 2025: € 1,489,358 ▼ 1% vs 2024 (€ 1,503,419) Unfavourable step	▼ 1%
Profit after taxes	€ 407,274 Profit after taxes 2022: € 407,274 First fiscal year in the series	€ 834,089 Profit after taxes 2023: € 834,089 ▲ 105% vs 2022 (€ 407,274) Favourable step	€ 743,556 Profit after taxes 2024: € 743,556 ▼ 11% vs 2023 (€ 834,089) Unfavourable step	€ 709,026 Profit after taxes 2025: € 709,026 ▼ 5% vs 2024 (€ 743,556) Unfavourable step	▼ 5%
Equity	€ 1,038,112 Equity 2022: € 1,038,112 First fiscal year in the series	€ 641,654 Equity 2023: € 641,654 ▼ 38% vs 2022 (€ 1,038,112) Unfavourable step	€ 641,654 Equity 2024: € 641,654 Unchanged (€ 641,654) Unchanged	€ 341,654 Equity 2025: € 341,654 ▼ 47% vs 2024 (€ 641,654) Unfavourable step	▼ 47%
Total debts	€ 1,034,693 Total debts 2022: € 1,034,693 First fiscal year in the series	€ 2,052,353 Total debts 2023: € 2,052,353 ▲ 98% vs 2022 (€ 1,034,693) Unfavourable step	€ 2,033,319 Total debts 2024: € 2,033,319 ▼ 1% vs 2023 (€ 2,052,353) Favourable step	€ 2,094,341 Total debts 2025: € 2,094,341 ▲ 3% vs 2024 (€ 2,033,319) Unfavourable step	▲ 3%
Cash	€ 775,204 Cash 2022: € 775,204 First fiscal year in the series	€ 1,201,892 Cash 2023: € 1,201,892 ▲ 55% vs 2022 (€ 775,204) Favourable step	€ 1,073,335 Cash 2024: € 1,073,335 ▼ 11% vs 2023 (€ 1,201,892) Unfavourable step	€ 957,162 Cash 2025: € 957,162 ▼ 11% vs 2024 (€ 1,073,335) Unfavourable step	▼ 11%
Retained profit	€ 957,299 Retained profit 2022: € 957,299 First fiscal year in the series	€ 560,840 Retained profit 2023: € 560,840 ▼ 41% vs 2022 (€ 957,299) Unfavourable step	€ 560,840 Retained profit 2024: € 560,840 Unchanged (€ 560,840) Unchanged	€ 260,840 Retained profit 2025: € 260,840 ▼ 53% vs 2024 (€ 560,840) Unfavourable step	▼ 53%
Dividend	€ 500,000 Dividend 2022: € 500,000 First fiscal year in the series	€ 1,230,548 Dividend 2023: € 1,230,548 ▲ 146% vs 2022 (€ 500,000) Unchanged	€ 743,556 Dividend 2024: € 743,556 ▼ 40% vs 2023 (€ 1,230,548) Unchanged	€ 1,009,026 Dividend 2025: € 1,009,026 ▲ 36% vs 2024 (€ 743,556) Unchanged	▲ 36%
Bank debt	€ 38,293 Bank debt 2022: € 38,293 First fiscal year in the series	€ 18,961 Bank debt 2023: € 18,961 ▼ 50% vs 2022 (€ 38,293) Favourable step	€ 0 Bank debt 2024: € 0 ▼ 100% vs 2023 (€ 18,961) Favourable step	€ 0 Bank debt 2025: € 0 Unchanged (€ 0) Unchanged
Balance sheet total	€ 2,072,805 Balance sheet total 2022: € 2,072,805 First fiscal year in the series	€ 2,694,007 Balance sheet total 2023: € 2,694,007 ▲ 30% vs 2022 (€ 2,072,805) Unchanged	€ 2,674,972 Balance sheet total 2024: € 2,674,972 ▼ 1% vs 2023 (€ 2,694,007) Unchanged	€ 2,435,995 Balance sheet total 2025: € 2,435,995 ▼ 9% vs 2024 (€ 2,674,972) Unchanged	▼ 9%
Employees (FTE)	5.3 Employees (FTE) 2022: 5.3 First fiscal year in the series	5.3 Employees (FTE) 2023: 5.3 Unchanged (5.3) Unchanged	5.3 Employees (FTE) 2024: 5.3 Unchanged (5.3) Unchanged	5.3 Employees (FTE) 2025: 5.3 Unchanged (5.3) Unchanged

Key figures of G.A.F., fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.

What happened to G.A.F.?

What happened at G.A.F. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Dec 22, 2025 New annual accounts for financial year 2025: profit of € 709,026 (▼ 5% vs 2024). Source: NBB ↗
Feb 18, 1967 Start of the company according to the CBE. KBO
Feb 1, 1967 New establishment in Wijnegem. KBO

In short

From € 407,274 profit in 2022 to € 709,026 profit in 2025.

Paid € 812,616 in corporate taxes since 2022.

Best year ever: 2023, with € 834,089 profit.

On average € 281,000 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Wholesaler Refrigeration & Airco Products 99.2%

The stake of Wholesaler Refrigeration & Airco Products comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

G.A.F.

Behind G.A.F. is Wholesaler Refrigiration & Airco Products BV. The shares are held by Wholesaler Refrigeration & Airco Products (99.2%).

Directors

According to the 2025 annual accounts

Wholesaler Refrigiration & Airco Products BV

Director · represented by LEYS LIEVEN

Shareholders

Wholesaler Refrigeration & Airco Products

99.2%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Vosveld 17 box A

2110 Wijnegem

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.

All companies at this address →

D.W.S.

€ 547,938 gross margin · 2025

Wholesaler Refrigeration & Airco Products same network

€ 125,945 gross margin · 2025

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

Details

Company number

0403.718.156

VAT number

BE 0403.718.156

Registered office

Vosveld 17 bus A, 2110 Wijnegem

Names & denominations

G.A.F.

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

18 February 1967

Peppol

Active · Active since 20 Oct 2025

Activities · NACE

Groothandel in machines en apparaten voor de warmte-, koel- en vriestechniek voor industrieel gebruik

Vervaardiging van machines en apparaten voor klimaatregeling, voor niet-huishoudelijk gebruik

Vervaardiging van uitrusting voor de koeltechniek en klimaatregeling, voor niet-huishoudelijk gebruik

Groothandel in elektrisch materiaal, inclusief installatiemateriaal

Groothandel in elektrisch materiaal inclusief installatiemateriaal

View on CBE Public ↗ Annual accounts (NBB) ↗

G.A.F.

Financials

What happened to G.A.F.?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions