Financials
Financial year 2025
Frans Garsbeke from Ledegem, company number BE0422990769, closed financial year 2025 with a result of € -98 after tax. For that financial year Frans Garsbeke recorded a gross margin of € 61,426 and equity of € 139,501. Compared with financial year 2024, the result moved from € 384 to € -98. The company made a loss. 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 February 21, 2026.
€ 139,501
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -98
▼ still € 384 profit in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € 89,923.
People and assets in 2025
€ 46,045
▼ 25% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 12,390
▼ 62% vs 2024
€ 4,007 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 56,019
▼ 17% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 140,318 | € 152,132 | € 76,125 | € 61,426 | ▼ 19% |
| Profit after taxes | € -9,744 | € 7,376 | € 384 | € -98 | ▼ € 482 |
| Equity | € 131,840 | € 139,216 | € 139,599 | € 139,501 | |
| Total debts | € 172,874 | € 134,602 | € 124,127 | € 111,815 | ▼ 10% |
| Land & buildings | € 473 | € 10,791 | € 10,133 | € 7,517 | ▼ 26% |
| Retained profit | € 82,261 | € 89,637 | € 90,021 | € 89,923 | |
| Bank debt | € 6,729 | € 40,753 | € 32,220 | € 12,390 | ▼ 62% |
| Balance sheet total | € 304,713 | € 273,818 | € 263,726 | € 251,317 | ▼ 5% |
Key figures of Frans Garsbeke, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to Frans Garsbeke?
What happened at Frans Garsbeke in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 98 (▼ € 482 vs 2024). filed late Source: NBB ↗
- New establishment in Ledegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 9,744 loss in 2022 to € 98 loss in 2025.
Best year ever: 2023, with € 7,376 profit.
Management
Behind Frans Garsbeke are Maria Lannoo and Kurt Garsbeke.
Directors
According to the 2025 annual accounts
Maria Lannoo
Manager
Kurt Garsbeke
Associate
Establishments
Establishment units
Physical locations of this company
Kapelstraat 44
8880 Ledegem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0422.990.769
- VAT number
- BE 0422.990.769
- Registered office
- Kapelstraat 44, 8880 Ledegem
- Names & denominations
- Frans Garsbeke
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 July 1982
- Peppol
- Active · Active since 27 Aug 2023
- Contact
- [email protected]
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