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 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 26 % of short-term debt in 2024; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2024
TRANSPORT GHYSELINCK from Oudenaarde, company number BE0422974537, closed financial year 2024 with a result of € -19,331 after tax. For that financial year TRANSPORT GHYSELINCK recorded a gross margin of € 94,428 and equity of € 49,588. Compared with financial year 2023, the result moved from € -24,047 to € -19,331. 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 August 29, 2025.
€ 49,588
▼ 33% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -19,331
▲ 20 % less loss than in 2023
Profit after tax over the fiscal year.
€ 329
▼ 80% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -271,254.
People and assets in 2024
€ 73,186
▼ 50% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 301
▼ € 122,630 vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 68,168
▼ 54% vs 2023
€ 30,768 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 317,448
▲ 8% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 4,240
▼ 78% vs 2023
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 180,470 | € 155,260 | € 169,493 | € 94,428 | ▼ 44% |
| Profit after taxes | € 2,482 | € -18,715 | € -24,047 | € -19,331 | ▲ € 4,716 |
| Equity | € 120,014 | € 99,632 | € 73,918 | € 49,588 | ▼ 33% |
| Total debts | € 715,635 | € 545,448 | € 575,336 | € 484,038 | ▼ 16% |
| Cash | € 3,805 | € 33,454 | € 1,658 | € 329 | ▼ 80% |
| Land & buildings | € 408,625 | € 410,166 | € 409,806 | € 409,445 | |
| Retained profit | € -209,161 | € -227,876 | € -251,923 | € -271,254 | ▼ € 19,331 |
| Bank debt | € 166,800 | € 124,757 | € 147,949 | € 68,168 | ▼ 54% |
| Balance sheet total | € 835,649 | € 645,080 | € 649,254 | € 533,626 | ▼ 18% |
| Employees (FTE) | - | - | 2.2 | - |
Key figures of TRANSPORT GHYSELINCK, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to TRANSPORT GHYSELINCK?
What happened at TRANSPORT GHYSELINCK in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 19,331. filed late Source: NBB ↗
- Geert De Meulemeester became a director. NBB
- New establishment in Oudenaarde. KBO
- Start of the company according to the CBE. KBO
In short
From € 2,482 profit in 2021 to € 19,331 loss in 2024.
Best year ever: 2021, with € 2,482 profit.
On average € 77,000 of value added per employee in 2023.
A new publication or filing at TRANSPORT GHYSELINCK? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind TRANSPORT GHYSELINCK are Lydie Ghyselinck and Geert De Meulemeester. The same people are also behind REIZEN DE SCHELDEVALLEI.
Directors
According to the 2024 annual accounts
since 2024
Establishments
Establishment units
Physical locations of this company
Fietelstraat 129
9700 Oudenaarde
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
- 0422.974.537
- VAT number
- BE 0422.974.537
- Registered office
- Fietelstraat 129, 9700 Oudenaarde
- Names & denominations
- TRANSPORT GHYSELINCK
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 24 June 1982
- Peppol
- Not registered
- Activities · NACE
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