What does Gescova do?

Gescova is a wholesaler in Wevelgem. Public Limited, started on 24 May 1968, 1 establishment.

What is the address of Gescova?

The registered office of Gescova is located at Albertstraat 34, 8560 Wevelgem.

Is Gescova still active?

Yes. According to the CBE (29 October 2026) Gescova is active, legal situation “Normale toestand”, started on 24 May 1968.

Is Gescova registered on Peppol?

Yes, Gescova is registered on the Peppol network with ID 0208:0406355962.

What is the enterprise number of Gescova?

The enterprise number of Gescova is BE0406355962.

When was Gescova founded?

Gescova was founded on 24 May 1968.

Who are the directors of Gescova?

According to the 2025 annual accounts, the directors of Gescova are: Plush BV, F.T.S. Investments NV.

Is Gescova a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 24 May 1968; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did Gescova make in 2025?

Gescova posted a profit after taxes of € 824,872 in financial year 2025.

What is the revenue of Gescova?

As a small company, Gescova is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 1,561,356.

How much does an employee at Gescova earn?

The average wage cost per full-time employee at Gescova was € 58,200 in 2025: staff costs of € 447,797 for 7.7 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does Gescova have?

According to the 2025 annual accounts, Gescova has 7.7 full-time equivalents (FTE).

Gescova (Public Limited) - Wevelgem - BE0406355962

Dossier Gescova, printed on 29 October 2026 from databakkes.be/en/0406355962/gescova. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

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 61 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

Gescova from Wevelgem, company number BE0406355962, closed financial year 2025 with a result of € 824,872 after tax. For that financial year Gescova recorded a gross margin of € 1.6 million and equity of € 2.9 million. Compared with financial year 2024, the result moved from € 806,743 to € 824,872. 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.

What it is worth Healthy

€ 2.9 million

▼ 42% vs 2024

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

Profit Growing

€ 824,872

▲ 2% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 279,019

▼ 62% vs 2024

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

Where the profit goes Pays out

€ 2.9 million paid out

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

People and assets in 2025

Full-time equivalents

7.7

▲ 0.5 vs 2024

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

Wage cost

€ 447,797

▲ 23% vs 2024

€ 58,200 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

€ 4,655

▼ 68% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 6 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 79,083

▼ 14% vs 2024

€ 13,000 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.

Owed to suppliers

€ 417,967

▲ 16% vs 2024

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

Taxes and wages

€ 52,273

▼ 19% 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	€ 1,124,573 Gross margin 2022: € 1,124,573 First fiscal year in the series	€ 1,973,468 Gross margin 2023: € 1,973,468 ▲ 75% vs 2022 (€ 1,124,573) Favourable step	€ 1,423,950 Gross margin 2024: € 1,423,950 ▼ 28% vs 2023 (€ 1,973,468) Unfavourable step	€ 1,561,356 Gross margin 2025: € 1,561,356 ▲ 10% vs 2024 (€ 1,423,950) Favourable step	▲ 10%
Profit after taxes	€ 582,632 Profit after taxes 2022: € 582,632 First fiscal year in the series	€ 1,129,073 Profit after taxes 2023: € 1,129,073 ▲ 94% vs 2022 (€ 582,632) Favourable step	€ 806,743 Profit after taxes 2024: € 806,743 ▼ 29% vs 2023 (€ 1,129,073) Unfavourable step	€ 824,872 Profit after taxes 2025: € 824,872 ▲ 2% vs 2024 (€ 806,743) Favourable step	▲ 2%
Equity	€ 5,624,027 Equity 2022: € 5,624,027 First fiscal year in the series	€ 4,153,101 Equity 2023: € 4,153,101 ▼ 26% vs 2022 (€ 5,624,027) Unfavourable step	€ 4,959,844 Equity 2024: € 4,959,844 ▲ 19% vs 2023 (€ 4,153,101) Favourable step	€ 2,869,716 Equity 2025: € 2,869,716 ▼ 42% vs 2024 (€ 4,959,844) Unfavourable step	▼ 42%
Total debts	€ 581,750 Total debts 2022: € 581,750 First fiscal year in the series	€ 2,188,853 Total debts 2023: € 2,188,853 ▲ 276% vs 2022 (€ 581,750) Unfavourable step	€ 745,049 Total debts 2024: € 745,049 ▼ 66% vs 2023 (€ 2,188,853) Favourable step	€ 2,853,445 Total debts 2025: € 2,853,445 ▲ 283% vs 2024 (€ 745,049) Unfavourable step	▲ 283%
Cash	€ 777,918 Cash 2022: € 777,918 First fiscal year in the series	€ 735,899 Cash 2023: € 735,899 ▼ 5% vs 2022 (€ 777,918) Unfavourable step	€ 732,706 Cash 2024: € 732,706 Unchanged (€ 735,899) Unfavourable step	€ 279,019 Cash 2025: € 279,019 ▼ 62% vs 2024 (€ 732,706) Unfavourable step	▼ 62%
Land & buildings	€ 139,404 Land & buildings 2022: € 139,404 First fiscal year in the series	€ 101,881 Land & buildings 2023: € 101,881 ▼ 27% vs 2022 (€ 139,404) Unchanged	€ 64,358 Land & buildings 2024: € 64,358 ▼ 37% vs 2023 (€ 101,881) Unchanged	€ 73,757 Land & buildings 2025: € 73,757 ▲ 15% vs 2024 (€ 64,358) Unchanged	▲ 15%
Retained profit	€ 5,562,027 Retained profit 2022: € 5,562,027 First fiscal year in the series	€ 4,091,101 Retained profit 2023: € 4,091,101 ▼ 26% vs 2022 (€ 5,562,027) Unfavourable step	€ 4,897,844 Retained profit 2024: € 4,897,844 ▲ 20% vs 2023 (€ 4,091,101) Favourable step	€ 2,807,716 Retained profit 2025: € 2,807,716 ▼ 43% vs 2024 (€ 4,897,844) Unfavourable step	▼ 43%
Dividend	€ 202,429 Dividend 2022: € 202,429 First fiscal year in the series	€ 2,600,000 Dividend 2023: € 2,600,000 ▲ € 2.4 million vs 2022 (€ 202,429) Unchanged	€ 0 Dividend 2024: € 0 ▼ 100% vs 2023 (€ 2,600,000) Unchanged	€ 2,915,000 Dividend 2025: € 2,915,000 Unchanged (€ 0) Unchanged
Bank debt	€ 188,917 Bank debt 2022: € 188,917 First fiscal year in the series	€ 625,917 Bank debt 2023: € 625,917 ▲ 231% vs 2022 (€ 188,917) Unfavourable step	€ 92,083 Bank debt 2024: € 92,083 ▼ 85% vs 2023 (€ 625,917) Favourable step	€ 79,083 Bank debt 2025: € 79,083 ▼ 14% vs 2024 (€ 92,083) Favourable step	▼ 14%
Balance sheet total	€ 6,221,897 Balance sheet total 2022: € 6,221,897 First fiscal year in the series	€ 6,353,751 Balance sheet total 2023: € 6,353,751 ▲ 2% vs 2022 (€ 6,221,897) Unchanged	€ 5,712,367 Balance sheet total 2024: € 5,712,367 ▼ 10% vs 2023 (€ 6,353,751) Unchanged	€ 5,726,330 Balance sheet total 2025: € 5,726,330 Unchanged (€ 5,712,367) Unchanged
Employees (FTE)	8.2 Employees (FTE) 2022: 8.2 First fiscal year in the series	7.2 Employees (FTE) 2023: 7.2 ▼ 1 vs 2022 (8.2) Unchanged	7.2 Employees (FTE) 2024: 7.2 Unchanged (7.2) Unchanged	7.7 Employees (FTE) 2025: 7.7 ▲ 0.5 vs 2024 (7.2) Unchanged	▲ 0.5

Key figures of Gescova, 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 Gescova?

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

2029 Plush BV stepped down as director. NBB
2029 F.T.S. Investments NV stepped down as director. NBB
Jun 29, 2026 New annual accounts for financial year 2025: profit of € 824,872 (▲ 2% vs 2024). Source: NBB ↗
2023 Plush BV became a director. NBB
2023 F.T.S. Investments NV became a director. NBB
Dec 12, 1985 New establishment in Wevelgem. KBO
May 24, 1968 Start of the company according to the CBE. KBO

In short

From € 582,632 profit in 2022 to € 824,872 profit in 2025.

Paid € 1.1 million in corporate taxes since 2022.

Best year ever: 2023, with € 1.1 million profit.

On average € 202,800 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Plush 100%

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

Gescova

The shares are held by Plush (100%).

Directors

According to the 2025 annual accounts

Plush BV

Director · represented by Frederik Gesquière

since 2023 · until 2029

F.T.S. Investments NV

Director · represented by Bernard Gesquière

Also active at: Plush

since 2023 · until 2029

Shareholders

Plush

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Albertstraat 34

8560 Wevelgem

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.

All companies at this address →

Plush same network

€ 120,465 gross margin · 2025

F.T.S. INVESTMENTS same network

€ 421,196 gross margin · 2025

Sora Creations

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

Details

Company number

0406.355.962

VAT number

BE 0406.355.962

Registered office

Albertstraat 34, 8560 Wevelgem

Names & denominations

Gescova

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

24 May 1968

Peppol

Active · Active since 29 Dec 2025

Activities · NACE

Groothandel in huismeubilair

Detailhandel in overige sportartikelen

Gespecialiseerde detailhandel in sport- en kampeerartikelen

Detailhandel in sport- en kampeerartikelen in gespecialiseerde winkels

View on CBE Public ↗ Annual accounts (NBB) ↗

Gescova

Warning lights

Financials

What happened to Gescova?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions