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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 28 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 123 to 109.
Financials
Financial year 2025
FERNAND GEORGES from Charleroi, company number BE0420516972, closed financial year 2025 with a result of € -731,127 after tax. For that financial year FERNAND GEORGES recorded revenue of € 30.3 million and equity of € 189,748. Compared with financial year 2024, the result moved from € -964,278 to € -731,127. The company made a loss. 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 July 28, 2026.
€ 189,748
▼ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -731,127
▲ 24 % less loss than in 2024
Profit after tax over the fiscal year.
€ 131,160
▲ 11% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2.3 million.
People and assets in 2025
109
▼ 12 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 7.2 million
▼ 10% vs 2024
€ 65,800 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.
€ 99,448
▼ 23% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 6.9 million
▼ 11% vs 2024
€ 290,812 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 2.7 million
▲ 6% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 42 days on average.
€ 1.6 million
▼ 8% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 28,052,943 | € 32,042,756 | € 30,931,466 | € 30,271,606 | ▼ 2% |
| Profit after taxes | € -265,040 | € -21,479 | € -964,278 | € -731,127 | ▲ € 233,151 |
| Equity | € 627,812 | € 1,178,097 | € 213,612 | € 189,748 | ▼ 11% |
| Total debts | € 11,932,109 | € 11,897,321 | € 12,375,400 | € 12,180,988 | ▼ 2% |
| Cash | € 153,631 | € 176,603 | € 117,780 | € 131,160 | ▲ 11% |
| Retained profit | € -625,231 | € -646,710 | € -1,610,988 | € -2,342,115 | ▼ € 731,127 |
| Bank debt | € 8,319,955 | € 7,939,767 | € 7,729,292 | € 6,875,569 | ▼ 11% |
| Balance sheet total | € 12,559,921 | € 13,075,418 | € 12,589,012 | € 12,370,737 | ▼ 2% |
| Employees (FTE) | 122 | 123 | 121 | 109 | ▼ 12 |
Key figures of FERNAND GEORGES, 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 FERNAND GEORGES?
What happened at FERNAND GEORGES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Stéphane Georges stepped down as director. NBB
- Eric Georges stepped down as director. NBB
- Olivier Guilmain stepped down as director. NBB
- ID2ID SRL stepped down as director. NBB
- Denis Kraft de la Saulx stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 731,127. Source: NBB ↗
- SA SAMBRINVEST stepped down as director. NBB
- New establishment in Herent. KBO
In short
From € 265,040 loss in 2022 to € 731,127 loss in 2025.
Paid € 94,151 in corporate taxes since 2022.
Pays suppliers within 42 days on average.
Management
The stake of GAMI comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
FERNAND GEORGESThe shares are held by GAMI (41.3%). It owns 100% of DECOR DU BOIS itself.
Directors
According to the 2025 annual accounts
Olivier Guilmain
Director
since 2024 · until 2029
since 2016 · until 2029
since 2024 · until 2029
Eric Georges
Managing director
since 2016 · until 2029
Denis Kraft de la Saulx
Director
since 2024 · until 2029
Administrateur représenté par Micheline Streel
Also active at: Chauraci, CHARPENTES JONCKHEERE SPANTEN, Charleroi Entreprendre, BRUSSELS SOUTH CHARLEROI AIRPORT, Starter Fund, VENGO, MILIONI FOOD, IMPRIMERIE BIETLOT +12 more
since 2023 · until 2025
Shareholders
41.3%
Participations
100%
Establishments
Establishment units
Physical locations of this company
Avenue des Etats-Unis 30
6041 Charleroi
Avenue de l'Energie 28
4432 Ans
Active since 12 May 1993
Rue de l'Industrie 5
1301 Wavre
Active since 11 April 2000
Rue de la Poteresse(BU) 190
5004 Namur
Active since 1 January 2023
Kroonstraat 182
3020 Herent
Active since 1 March 2025
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
- 0420.516.972
- VAT number
- BE 0420.516.972
- Registered office
- Avenue des Etats-Unis 30, 6041 Charleroi
- Names & denominations
- FERNAND GEORGES
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 April 1980
- Peppol
- Active · Active since 21 Jan 2026
- Activities · NACE
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