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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Tight liquidity NBB
Cash and receivables cover 57 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GESAREC from Kraainem, company number BE0423492793, closed financial year 2025 with a result of € 69,339 after tax. For that financial year GESAREC recorded a gross margin of € 44,130 and equity of € 462,733. Compared with financial year 2024, the result moved from € -16,759 to € 69,339. Profitable, and profit is growing. 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 July 2, 2026.
€ 462,733
▼ 24% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 69,339
▲ still € 16,759 loss in 2024
Profit after tax over the fiscal year.
€ 124,833
▲ 206% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 212,850 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 59,431
▲ 7% 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
None
No bank loans on the last day of the fiscal year.
€ 4,260
▼ 35% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 11,601
▲ 46% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 31,645 | € 28,528 | € 20,966 | € 44,130 | ▲ 110% |
| Profit after taxes | € 132,728 | € -6,658 | € -16,759 | € 69,339 | ▲ € 86,098 |
| Equity | € 629,661 | € 623,002 | € 606,243 | € 462,733 | ▼ 24% |
| Total debts | € 12,115 | € 19,689 | € 14,467 | € 228,711 | ▲ € 214,244 |
| Cash | € 36,694 | € 55,728 | € 40,825 | € 124,833 | ▲ 206% |
| Retained profit | € 506,661 | € 500,002 | € 483,243 | € 339,733 | ▼ 30% |
| Dividend | € 0 | € 0 | € 0 | € 212,850 | |
| Balance sheet total | € 641,775 | € 642,691 | € 620,711 | € 691,444 | ▲ 11% |
Key figures of GESAREC, 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 GESAREC?
What happened at GESAREC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Thierry de Liedekerke stepped down as director. NBB
- Marie Maisin stepped down as director. NBB
- Baudoin de Liedekerke stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 69,339. Source: NBB ↗
- Thierry de Liedekerke became a director. NBB
- Marie Maisin became a director. NBB
- Baudoin de Liedekerke became a director. NBB
- New establishment in Etterbeek. KBO
In short
From € 132,728 profit in 2022 to € 69,339 profit in 2025.
Paid € 92,016 in corporate taxes since 2022.
Best year ever: 2022, with € 132,728 profit.
Paid out € 212,850 in dividends to the owners in total.
Management
Directors
According to the 2025 annual accounts
Thierry de Liedekerke
Director
since 2023 · until 2027
Marie Maisin
Director
since 2023 · until 2027
Baudoin de Liedekerke
Managing director
since 2023 · until 2027
Establishments
Establishment units
Physical locations of this company
Baron Albert d'Huartlaan 254
1950 Kraainem
Edmond Mesenslaan 29
1040 Etterbeek
Active since 1 February 1983
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0423.492.793
- VAT number
- BE 0423.492.793
- Registered office
- Baron Albert d'Huartlaan 254, 1950 Kraainem
- Names & denominations
- GESAREC
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 2 December 1982
- Peppol
- Active · Active since 28 Nov 2025
- Activities · NACE
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