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 10 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GESCOVIN from Gent, company number BE0429038720, closed financial year 2025 with a result of € 84,996 after tax. For that financial year GESCOVIN recorded a gross margin of € 10,317 and equity of € 5.6 million. Compared with financial year 2024, the result moved from € 64,702 to € 84,996. 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 January 29, 2026.
€ 5.6 million
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 84,996
▲ 31% vs 2024
Profit after tax over the fiscal year.
€ 25,990
▲ 15% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 800 paid out
1 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 7,375
▲ 248% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 12,229
▲ € 9,934 vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 7,339 | € 5,173 | € -8,308 | € 10,317 | ▲ € 18,626 |
| Profit after taxes | € 70,393 | € 72,304 | € 64,702 | € 84,996 | ▲ 31% |
| Equity | € 5,683,146 | € 5,754,651 | € 5,819,352 | € 5,643,548 | ▼ 3% |
| Total debts | € 46,778 | € 43,773 | € 8,700 | € 275,772 | ▲ € 267,073 |
| Cash | € 219,042 | € 298,729 | € 22,668 | € 25,990 | ▲ 15% |
| Land & buildings | € 253,367 | € 245,187 | € 243,484 | € 239,070 | ▼ 2% |
| Retained profit | € 923,146 | € 994,651 | € 1,059,352 | € 1,143,548 | ▲ 8% |
| Dividend | € 800 | € 800 | € 0 | € 800 | |
| Balance sheet total | € 5,729,924 | € 5,798,424 | € 5,828,052 | € 5,919,320 | ▲ 2% |
Key figures of GESCOVIN, 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 GESCOVIN?
What happened at GESCOVIN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Brigitte Van Heyghen stepped down as director. NBB
- Fanny Roegiers stepped down as director. NBB
- Audrey Roegiers stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 84,996 (▲ 31% vs 2024). Source: NBB ↗
- Brigitte Van Heyghen became a director. NBB
- Fanny Roegiers became a director. NBB
- Audrey Roegiers became a director. NBB
- New establishment in Gent. KBO
In short
From € 70,393 profit in 2022 to € 84,996 profit in 2025.
Paid € 767 in corporate taxes since 2022.
Best year ever: 2025, with € 84,996 profit.
Paid out € 2,400 in dividends to the owners in total.
Management
It owns 33.1% of Immobiliaire Vennootschap der Vlaanderen itself.
Directors
According to the 2025 annual accounts
Brigitte Van Heyghen
Director
since 2020 · until 2026
Fanny Roegiers
Director
since 2020 · until 2026
Audrey Roegiers
Director
since 2020 · until 2026
Establishments
Establishment units
Physical locations of this company
Fortlaan 80
9000 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0429.038.720
- VAT number
- BE 0429.038.720
- Registered office
- Fortlaan 80, 9000 Gent
- Names & denominations
- GESCOVIN
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 23 May 1986
- Peppol
- Active · Active since 2 Dec 2025