Financials
Financial year 2026
Germagas from Wevelgem, company number BE0407098904, closed financial year 2026 with a result of € 84,827 after tax. For that financial year Germagas recorded a gross margin of € 748,677 and equity of € 621,165. Compared with financial year 2025, the result moved from € 57,107 to € 84,827. 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 October 29, 2026.
€ 621,165
▲ 16% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 84,827
▲ 49% vs 2025
Profit after tax over the fiscal year.
€ 194,853
▲ 7% vs 2025
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € 602,425.
People and assets in 2026
8.5
▼ 0.1 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 551,010
▼ 4% vs 2025
€ 64,800 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.
€ 45,340
▼ 1% vs 2025
Of which on lease € 11,562.
Debts at end 2026
€ 182,978
▼ 12% vs 2025
€ 24,407 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 180,507
▼ 6% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 73,307
▲ 64% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 516,768 | € 572,277 | € 744,014 | € 748,677 | ▲ 1% |
| Profit after taxes | € 27,898 | € -9,575 | € 57,107 | € 84,827 | ▲ 49% |
| Equity | € 499,537 | € 489,962 | € 536,338 | € 621,165 | ▲ 16% |
| Total debts | € 574,264 | € 608,493 | € 452,723 | € 444,108 | ▼ 2% |
| Cash | € 21,972 | € 72,159 | € 182,887 | € 194,853 | ▲ 7% |
| Land & buildings | € 266,246 | € 246,367 | € 228,971 | € 203,901 | ▼ 11% |
| Retained profit | € 480,796 | € 471,221 | € 517,598 | € 602,425 | ▲ 16% |
| Dividend | € 25,000 | € 0 | € 10,731 | € 0 | ▼ 100% |
| Bank debt | € 300,932 | € 258,423 | € 208,889 | € 182,978 | ▼ 12% |
| Balance sheet total | € 1,073,800 | € 1,098,455 | € 989,062 | € 1,065,273 | ▲ 8% |
| Employees (FTE) | 8.7 | 8 | 8.6 | 8.5 | ▼ 0.1 |
By gross margin, Germagas ranks 6th of 72 companies with main activity “Detailhandel in motorbrandstoffen” in West Flanders that publish figures (fiscal year 2026).
Key figures of Germagas, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
Ask about Germagas the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to Germagas?
What happened at Germagas in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 84,827 (▲ 49% vs 2025). Source: NBB ↗
- New establishment in Wevelgem. KBO
- Nic Descheemaeker became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 27,898 profit in 2023 to € 84,827 profit in 2026.
Paid € 74,811 in corporate taxes since 2023.
Best year ever: 2026, with € 84,827 profit.
On average € 88,100 of value added per employee in 2026.
Management
Behind Germagas is Nic Descheemaeker.
Directors
According to the 2026 annual accounts
Nic Descheemaeker
Director
since 1994
Establishments
Establishment units
Physical locations of this company
Drieslaan 86
8560 Wevelgem
Dorpsplein 6
8560 Wevelgem
Active since 1 July 2006
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
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€ 96.3 million revenue · 2025 · Waregem
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Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
XENIUS, BE
Website info
Features
Security
Details
- Company number
- 0407.098.904
- VAT number
- BE 0407.098.904
- Registered office
- Drieslaan 86, 8560 Wevelgem
- Names & denominations
- Germagas
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 May 1970
- Peppol
- Active · Active since 2 Oct 2025
- Contact
- germagas.be
- Activities · NACE
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