Gezel is a heating and ventilation installer in Buggenhout. Public Limited, started on 14 December 1979, 2 establishments.

What is the address of Gezel?

The registered office of Gezel is located at Beukenstraat 160, 9255 Buggenhout.

Is Gezel still active?

Yes. According to the CBE (29 October 2026) Gezel is active, legal situation “Normale toestand”, started on 14 December 1979.

Is Gezel registered on Peppol?

Yes, Gezel is registered on the Peppol network with ID 0208:0419931014.

What is the enterprise number of Gezel?

The enterprise number of Gezel is BE0419931014.

When was Gezel founded?

Gezel was founded on 14 December 1979.

Who are the directors of Gezel?

According to the 2025 annual accounts, the directors of Gezel are: Hendrik Aelbrecht, Visioning T&P BV, Frank Decock, Rene Schepens, Visioning P&T BV, Filip De Bruyne, Immo Beheer Acar NV.

Is Gezel a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 14 December 1979; 5 annual accounts filed, latest fiscal year 2025; 7 directors known from the annual account; 2 establishments in the CBE.

How much profit did Gezel make in 2025?

Gezel posted a profit after taxes of € 888,986 in financial year 2025.

What is the revenue of Gezel?

In its most recent annual accounts (2025), Gezel reported revenue of € 23,874,847.

How much does an employee at Gezel earn?

The average wage cost per full-time employee at Gezel was € 73,000 in 2025: staff costs of € 5.6 million for 76.3 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does Gezel have?

According to the 2025 annual accounts, Gezel has 76.3 full-time equivalents (FTE).

Does Gezel have a website?

Yes, Gezel has a website at gezel.be.

Gezel (Public Limited) - Buggenhout - BE0419931014

Dossier Gezel, printed on 29 October 2026 from databakkes.be/en/0419931014/gezel. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

Gezel from Buggenhout, company number BE0419931014, closed financial year 2025 with a result of € 888,986 after tax. For that financial year Gezel recorded revenue of € 23.9 million and equity of € 5.6 million. Compared with financial year 2024, the result moved from € 1.7 million to € 888,986. The company is profitable. 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 June 24, 2026.

What it is worth Growing

€ 5.6 million

▲ 8% vs 2024

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

Profit Healthy

€ 888,986

▼ 48% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 561,134

▼ 57% vs 2024

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

Where the profit goes Pays out

€ 490,000 paid out

55 % of the profit went to the shareholders, mostly to Advices for Technical Systems (80 % of the shares). That is where the money ends up.

People and assets in 2025

Full-time equivalents

76.3

▲ 25.8 vs 2024

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

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 3.2 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 5.6 million

▲ 51% vs 2024

€ 73,000 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

€ 806,975

▲ 49% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 732

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 3.4 million

▲ 55% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 71 days on average.

Taxes and wages

€ 467,534

▲ 33% 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
Revenue	€ 15,411,815 Revenue 2022: € 15,411,815 First fiscal year in the series	€ 18,226,610 Revenue 2023: € 18,226,610 ▲ 18% vs 2022 (€ 15,411,815) Favourable step	€ 18,282,417 Revenue 2024: € 18,282,417 Unchanged (€ 18,226,610) Favourable step	€ 23,874,847 Revenue 2025: € 23,874,847 ▲ 31% vs 2024 (€ 18,282,417) Favourable step	▲ 31%
Profit after taxes	€ 885,389 Profit after taxes 2022: € 885,389 First fiscal year in the series	€ 869,392 Profit after taxes 2023: € 869,392 ▼ 2% vs 2022 (€ 885,389) Unfavourable step	€ 1,708,230 Profit after taxes 2024: € 1,708,230 ▲ 96% vs 2023 (€ 869,392) Favourable step	€ 888,986 Profit after taxes 2025: € 888,986 ▼ 48% vs 2024 (€ 1,708,230) Unfavourable step	▼ 48%
Equity	€ 3,614,602 Equity 2022: € 3,614,602 First fiscal year in the series	€ 4,083,664 Equity 2023: € 4,083,664 ▲ 13% vs 2022 (€ 3,614,602) Favourable step	€ 5,191,644 Equity 2024: € 5,191,644 ▲ 27% vs 2023 (€ 4,083,664) Favourable step	€ 5,590,630 Equity 2025: € 5,590,630 ▲ 8% vs 2024 (€ 5,191,644) Favourable step	▲ 8%
Total debts	€ 3,383,836 Total debts 2022: € 3,383,836 First fiscal year in the series	€ 2,449,517 Total debts 2023: € 2,449,517 ▼ 28% vs 2022 (€ 3,383,836) Favourable step	€ 3,696,650 Total debts 2024: € 3,696,650 ▲ 51% vs 2023 (€ 2,449,517) Unfavourable step	€ 4,612,821 Total debts 2025: € 4,612,821 ▲ 25% vs 2024 (€ 3,696,650) Unfavourable step	▲ 25%
Cash	€ 735,702 Cash 2022: € 735,702 First fiscal year in the series	€ 420,452 Cash 2023: € 420,452 ▼ 43% vs 2022 (€ 735,702) Unfavourable step	€ 1,302,809 Cash 2024: € 1,302,809 ▲ 210% vs 2023 (€ 420,452) Favourable step	€ 561,134 Cash 2025: € 561,134 ▼ 57% vs 2024 (€ 1,302,809) Unfavourable step	▼ 57%
Land & buildings	€ 919,413 Land & buildings 2022: € 919,413 First fiscal year in the series	€ 1,152,680 Land & buildings 2023: € 1,152,680 ▲ 25% vs 2022 (€ 919,413) Unchanged	€ 1,366,899 Land & buildings 2024: € 1,366,899 ▲ 19% vs 2023 (€ 1,152,680) Unchanged	€ 3,260,167 Land & buildings 2025: € 3,260,167 ▲ 139% vs 2024 (€ 1,366,899) Unchanged	▲ 139%
Retained profit	€ 3,114,602 Retained profit 2022: € 3,114,602 First fiscal year in the series	€ 3,583,664 Retained profit 2023: € 3,583,664 ▲ 15% vs 2022 (€ 3,114,602) Favourable step	€ 4,691,644 Retained profit 2024: € 4,691,644 ▲ 31% vs 2023 (€ 3,583,664) Favourable step	€ 5,090,630 Retained profit 2025: € 5,090,630 ▲ 9% vs 2024 (€ 4,691,644) Favourable step	▲ 9%
Dividend	€ 500,000 Dividend 2022: € 500,000 First fiscal year in the series	€ 400,330 Dividend 2023: € 400,330 ▼ 20% vs 2022 (€ 500,000) Unchanged	€ 600,250 Dividend 2024: € 600,250 ▲ 50% vs 2023 (€ 400,330) Unchanged	€ 490,000 Dividend 2025: € 490,000 ▼ 18% vs 2024 (€ 600,250) Unchanged	▼ 18%
Bank debt	€ 119,670 Bank debt 2022: € 119,670 First fiscal year in the series	€ 2,941 Bank debt 2023: € 2,941 ▼ 98% vs 2022 (€ 119,670) Favourable step	€ 0 Bank debt 2024: € 0 ▼ 100% vs 2023 (€ 2,941) Favourable step	€ 732 Bank debt 2025: € 732 Unchanged (€ 0) Unfavourable step
Balance sheet total	€ 7,105,939 Balance sheet total 2022: € 7,105,939 First fiscal year in the series	€ 6,692,455 Balance sheet total 2023: € 6,692,455 ▼ 6% vs 2022 (€ 7,105,939) Unchanged	€ 9,072,331 Balance sheet total 2024: € 9,072,331 ▲ 36% vs 2023 (€ 6,692,455) Unchanged	€ 10,307,853 Balance sheet total 2025: € 10,307,853 ▲ 14% vs 2024 (€ 9,072,331) Unchanged	▲ 14%
Employees (FTE)	48.8 Employees (FTE) 2022: 48.8 First fiscal year in the series	50.7 Employees (FTE) 2023: 50.7 ▲ 1.9 vs 2022 (48.8) Unchanged	50.5 Employees (FTE) 2024: 50.5 ▼ 0.2 vs 2023 (50.7) Unchanged	76.3 Employees (FTE) 2025: 76.3 ▲ 25.8 vs 2024 (50.5) Unchanged	▲ 25.8

Key figures of Gezel, 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 Gezel?

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

2029 Hendrik Aelbrecht stepped down as director. NBB
2029 Visioning T&P BV stepped down as director. NBB
2029 Frank Decock stepped down as director. NBB
2029 Rene Schepens stepped down as director. NBB
2029 Visioning P&T BV stepped down as director. NBB
2029 Filip De Bruyne stepped down as director. NBB
Jun 24, 2026 New annual accounts for financial year 2025: profit of € 888,986 (▼ 48% vs 2024). Source: NBB ↗
2025 Immo Beheer Acar NV stepped down as director. NBB

In short

From € 885,389 profit in 2022 to € 888,986 profit in 2025.

Paid € 1.3 million in corporate taxes since 2022.

Best year ever: 2024, with € 1.7 million profit.

Paid out € 2 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Advices for Technical Systems 80%

Visioning P&T 25%

The stake of Advices for Technical Systems, Visioning P&T comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

Gezel

The shares are held by Advices for Technical Systems (80%) and Visioning P&T (25%).

Directors

According to the 2025 annual accounts

Hendrik Aelbrecht

Director

Also active at: Chauffage Coussement, Emaco International, Advices for Technical Systems, Autrosystems, ALTEMP, EDCO SERVICE, NAESSENS H.V.AC., CDL-Engineering +1 more

since 2023 · until 2029

Visioning T&P BV

Managing director · represented by Hedwig Goedgezelschap

Also active at: ACAR

since 2023 · until 2029

Frank Decock

Director

since 2023 · until 2029

Rene Schepens

Chairman of the board

Also active at: Chauffage Coussement, VDC ROESELARE, ATS Antwerp, ALGEMENE ELEKTRICITEIT DE MULDER, ACAR, Emaco International, Advices for Technical Systems, DE JONGE LUC +22 more

since 2023 · until 2029

Visioning P&T BV

Managing director · represented by Daan Goedgezelschap

Also active at: ACAR

since 2023 · until 2029

Filip De Bruyne

Director

since 2025 · until 2029

Immo Beheer Acar NV

Director · represented by Vincent Acar

Also active at: ACAR

since 2023 · until 2025

Shareholders

Advices for Technical Systems

80%

Visioning P&T

25%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Beukenstraat 160

9255 Buggenhout

2.370.147.983

Industriepark-West 59

9100 Sint-Niklaas

Active since 1 January 2025

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

Website

HTTPS gezel.be

About

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Email provider

Microsoft 365

Hosting

DSTNY-BACKBONE International Backbone, BE

DNS

GoDaddy DNS

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HTTPS Ja

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Details

Company number

0419.931.014

VAT number

BE 0419.931.014

Registered office

Beukenstraat 160, 9255 Buggenhout

Names & denominations

Gezel

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

14 December 1979

Peppol

Active · Active since 1 Jan 2001

Contact

gezel.be

Activities · NACE

Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit

Installatie van verwarming, klimaatregeling en ventilatie

View on CBE Public ↗ Annual accounts (NBB) ↗

Gezel

Financials

What happened to Gezel?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Website

Technologies

Certifications & Partners

Hosting & Email

Website info

Features

Security

Details

Frequently asked questions