Financials
Financial year 2024
GYSELINCK from Lievegem, company number BE0427165630, closed financial year 2024 with a result of € -217,290 after tax. For that financial year GYSELINCK recorded a gross margin of € 580,250 and equity of € 357,359. Compared with financial year 2023, the result moved from € 96,173 to € -217,290. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 21, 2025.
€ 357,359
▼ 38% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -217,290
▼ still € 96,173 profit in 2023
Profit after tax over the fiscal year.
€ 112,263
▲ 50% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 134,255.
People and assets in 2024
15.8
▲ 1 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 722,064
▲ 2% vs 2023
€ 45,700 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.
€ 19,041
▼ 33% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 277,606
▲ 20% vs 2023
€ 43,402 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 369,966
▼ 2% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 14,934
▼ 10% 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 | € 852,688 | € 890,900 | € 918,744 | € 580,250 | ▼ 37% |
| Profit after taxes | € 97,044 | € 114,255 | € 96,173 | € -217,290 | ▼ € 313,463 |
| Equity | € 364,220 | € 478,475 | € 574,648 | € 357,359 | ▼ 38% |
| Total debts | € 645,923 | € 632,831 | € 672,336 | € 721,674 | ▲ 7% |
| Cash | € 204,173 | € 184,184 | € 74,727 | € 112,263 | ▲ 50% |
| Land & buildings | € 1,833 | € 1,222 | € 611 | - | |
| Retained profit | € 141,116 | € 255,371 | € 351,544 | € 134,255 | ▼ 62% |
| Bank debt | € 279,733 | € 231,375 | € 231,565 | € 277,606 | ▲ 20% |
| Balance sheet total | € 1,010,143 | € 1,111,306 | € 1,246,985 | € 1,079,033 | ▼ 13% |
| Employees (FTE) | 15.9 | 14.9 | 14.8 | 15.8 | ▲ 1 |
Key figures of GYSELINCK, 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 GYSELINCK?
What happened at GYSELINCK in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Beton Construct NV stepped down as director. NBB
- Dorthy Gyselinck stepped down as director. NBB
- Sodomar NV stepped down as director. NBB
- New annual accounts for financial year 2024: loss of € 217,290 (▼ € 313,463 vs 2023). filed late Source: NBB ↗
- Beton Construct NV became a director. NBB
- Dorthy Gyselinck became a director. NBB
- Sodomar NV became a director. NBB
- New establishment in Gent. KBO
In short
From € 97,044 profit in 2021 to € 217,290 loss in 2024.
Paid € 155,628 in corporate taxes since 2021.
Best year ever: 2022, with € 114,255 profit.
On average € 36,700 of value added per employee in 2024.
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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
The stake of SODOMAR, BETON CONSTRUCT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
GYSELINCKThe shares are held by SODOMAR (50%) and BETON CONSTRUCT.
Directors
According to the 2024 annual accounts
Director · represented by Christophe Gyselinck
since 2022 · until 2028
Dorthy Gyselinck
Managing director
since 2022 · until 2028
Director · represented by Dorthy Gyselinck
since 2022 · until 2028
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Karel Lodewijk Ledeganckstraat 9
9930 Lievegem
Karel de Clercqstraat 3
9042 Gent
Active since 15 April 1985
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
- 0427.165.630
- VAT number
- BE 0427.165.630
- Registered office
- Karel Lodewijk Ledeganckstraat 9, 9930 Lievegem
- Names & denominations
- GYSELINCK
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 31 December 1984
- Peppol
- Active · Active since 30 Dec 2025
- Activities · NACE
Overige gespecialiseerde bouwactiviteiten, neg
Overige gespecialiseerde werkzaamheden in de bouw
Overige gespecialiseerde bouwwerkzaamheden