Financials
Financial year 2025
GFS from Geraardsbergen, company number BE0425161292, closed financial year 2025 with a result of € 923,259 after tax. For that financial year GFS recorded a gross margin of € 1.7 million and equity of € 4.2 million. Compared with financial year 2024, the result moved from € 1 million to € 923,259. The company is profitable. 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 May 19, 2026.
€ 4.2 million
▼ 27% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 923,259
▼ 11% vs 2024
Profit after tax over the fiscal year.
€ 169,319
▼ 11% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 900,000 paid out
97 % of the profit went to the shareholders, mostly to DOCKLAND (100 % of the shares). That is where the money ends up.
People and assets in 2025
€ 91
▼ € 325,227 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.
€ 94,980
▼ 59% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 67,316
▼ 71% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,694,359 | € 2,539,534 | € 2,585,647 | € 1,726,053 | ▼ 33% |
| Profit after taxes | € 893,073 | € 790,234 | € 1,035,399 | € 923,259 | ▼ 11% |
| Equity | € 5,683,573 | € 5,723,807 | € 5,759,206 | € 4,230,020 | ▼ 27% |
| Total debts | € 2,856,955 | € 1,891,559 | € 1,737,024 | € 1,070,385 | ▼ 38% |
| Cash | € 1,583,379 | € 1,180,924 | € 191,157 | € 169,319 | ▼ 11% |
| Land & buildings | € 523,864 | € 486,396 | € 455,615 | € 7,261 | ▼ 98% |
| Retained profit | € 4,533,573 | € 4,573,807 | € 4,609,206 | € 3,390,013 | ▼ 26% |
| Dividend | € 750,000 | € 750,000 | € 1,000,000 | € 900,000 | ▼ 10% |
| Bank debt | € 1,387,867 | € 605,231 | € 272,627 | € 0 | ▼ 100% |
| Balance sheet total | € 8,540,528 | € 7,615,366 | € 7,496,230 | € 5,300,405 | ▼ 29% |
| Employees (FTE) | 7.2 | 7.2 | 6.1 | - |
Key figures of GFS, 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 GFS?
What happened at GFS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 923,259 (▼ 11% vs 2024). Source: NBB ↗
- New establishment in Oostende. KBO
- Start of the company according to the CBE. KBO
In short
From € 893,073 profit in 2022 to € 923,259 profit in 2025.
Paid € 1.2 million in corporate taxes since 2022.
Best year ever: 2024, with € 1 million profit.
On average € 423,900 of value added per employee in 2024.
Management
The stake of DOCKLAND comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
GFSBehind GFS is Dockland BV. The shares are held by DOCKLAND (100%).
Directors
According to the 2025 annual accounts
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Diebeke(Sch) 35
9500 Geraardsbergen
Marie Curielaan 7
8400 Oostende
Active since 27 February 2013
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
- 0425.161.292
- VAT number
- BE 0425.161.292
- Registered office
- Diebeke(Sch) 35, 9500 Geraardsbergen
- Names & denominations
- GFS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 December 1983
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Opslag
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