What does GHEERAERT PROPERTY do?

GHEERAERT PROPERTY is registered with the CBE as active in: Handel in eigen onroerend goed. Public Limited, started on 15 December 1986, 1 establishment.

What is the address of GHEERAERT PROPERTY?

The registered office of GHEERAERT PROPERTY is located at Pathoekeweg 136, 8000 Brugge.

Is GHEERAERT PROPERTY still active?

Yes. According to the CBE (29 October 2026) GHEERAERT PROPERTY is active, legal situation “Normale toestand”, started on 15 December 1986.

Is GHEERAERT PROPERTY registered on Peppol?

Yes, GHEERAERT PROPERTY is registered on the Peppol network with ID 0208:0429991201.

What is the enterprise number of GHEERAERT PROPERTY?

The enterprise number of GHEERAERT PROPERTY is BE0429991201.

When was GHEERAERT PROPERTY founded?

GHEERAERT PROPERTY was founded on 15 December 1986.

Who are the directors of GHEERAERT PROPERTY?

According to the 2025 annual accounts, the directors of GHEERAERT PROPERTY are: Augere BV, G-force.be BV.

Is GHEERAERT PROPERTY a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 15 December 1986; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did GHEERAERT PROPERTY make in 2025?

GHEERAERT PROPERTY posted a profit after taxes of € 68,802 in financial year 2025.

What is the revenue of GHEERAERT PROPERTY?

As a small company, GHEERAERT PROPERTY is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 442,002.

GHEERAERT PROPERTY (Public Limited) - Brugge

Dossier GHEERAERT PROPERTY, printed on 29 October 2026 from databakkes.be/en/0429991201/gheeraert-property. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 2 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

GHEERAERT PROPERTY from Brugge, company number BE0429991201, closed financial year 2025 with a result of € 68,802 after tax. For that financial year GHEERAERT PROPERTY recorded a gross margin of € 442,002 and equity of € 810,809. Compared with financial year 2024, the result moved from € 187,469 to € 68,802. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 23, 2026.

What it is worth Growing

€ 810,809

▲ 9% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 68,802

▼ 63% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 5,540

▼ 44% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 749,309.

Debts at end 2025

Bank debt ≈ 6 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 8.1 million

▲ € 7.7 million vs 2024

€ 71,429 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.

Owed to suppliers

€ 858,975

▲ € 845,713 vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 19,020

▼ 20% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 309,662 Gross margin 2022: € 309,662 First fiscal year in the series	€ 350,861 Gross margin 2023: € 350,861 ▲ 13% vs 2022 (€ 309,662) Favourable step	€ 361,033 Gross margin 2024: € 361,033 ▲ 3% vs 2023 (€ 350,861) Favourable step	€ 442,002 Gross margin 2025: € 442,002 ▲ 22% vs 2024 (€ 361,033) Favourable step	▲ 22%
Profit after taxes	€ 161,787 Profit after taxes 2022: € 161,787 First fiscal year in the series	€ 226,254 Profit after taxes 2023: € 226,254 ▲ 40% vs 2022 (€ 161,787) Favourable step	€ 187,469 Profit after taxes 2024: € 187,469 ▼ 17% vs 2023 (€ 226,254) Unfavourable step	€ 68,802 Profit after taxes 2025: € 68,802 ▼ 63% vs 2024 (€ 187,469) Unfavourable step	▼ 63%
Equity	€ 328,284 Equity 2022: € 328,284 First fiscal year in the series	€ 554,538 Equity 2023: € 554,538 ▲ 69% vs 2022 (€ 328,284) Favourable step	€ 742,007 Equity 2024: € 742,007 ▲ 34% vs 2023 (€ 554,538) Favourable step	€ 810,809 Equity 2025: € 810,809 ▲ 9% vs 2024 (€ 742,007) Favourable step	▲ 9%
Total debts	€ 812,276 Total debts 2022: € 812,276 First fiscal year in the series	€ 808,969 Total debts 2023: € 808,969 Unchanged (€ 812,276) Favourable step	€ 769,537 Total debts 2024: € 769,537 ▼ 5% vs 2023 (€ 808,969) Favourable step	€ 10,100,046 Total debts 2025: € 10,100,046 ▲ € 9.3 million vs 2024 (€ 769,537) Unfavourable step	▲ € 9.3 million
Cash	€ 246,922 Cash 2022: € 246,922 First fiscal year in the series	€ 39,811 Cash 2023: € 39,811 ▼ 84% vs 2022 (€ 246,922) Unfavourable step	€ 9,951 Cash 2024: € 9,951 ▼ 75% vs 2023 (€ 39,811) Unfavourable step	€ 5,540 Cash 2025: € 5,540 ▼ 44% vs 2024 (€ 9,951) Unfavourable step	▼ 44%
Land & buildings	€ 774,661 Land & buildings 2022: € 774,661 First fiscal year in the series	€ 745,741 Land & buildings 2023: € 745,741 ▼ 4% vs 2022 (€ 774,661) Unchanged	€ 717,228 Land & buildings 2024: € 717,228 ▼ 4% vs 2023 (€ 745,741) Unchanged	€ 689,729 Land & buildings 2025: € 689,729 ▼ 4% vs 2024 (€ 717,228) Unchanged	▼ 4%
Retained profit	€ 266,784 Retained profit 2022: € 266,784 First fiscal year in the series	€ 493,038 Retained profit 2023: € 493,038 ▲ 85% vs 2022 (€ 266,784) Favourable step	€ 680,507 Retained profit 2024: € 680,507 ▲ 38% vs 2023 (€ 493,038) Favourable step	€ 749,309 Retained profit 2025: € 749,309 ▲ 10% vs 2024 (€ 680,507) Favourable step	▲ 10%
Dividend	€ 161,000 Dividend 2022: € 161,000 First fiscal year in the series	€ 0 Dividend 2023: € 0 ▼ 100% vs 2022 (€ 161,000) Unchanged	€ 0 Dividend 2024: € 0 Unchanged (€ 0) Unchanged	€ 0 Dividend 2025: € 0 Unchanged (€ 0) Unchanged
Bank debt	€ 623,837 Bank debt 2022: € 623,837 First fiscal year in the series	€ 561,028 Bank debt 2023: € 561,028 ▼ 10% vs 2022 (€ 623,837) Favourable step	€ 481,186 Bank debt 2024: € 481,186 ▼ 14% vs 2023 (€ 561,028) Favourable step	€ 8,145,203 Bank debt 2025: € 8,145,203 ▲ € 7.7 million vs 2024 (€ 481,186) Unfavourable step	▲ € 7.7 million
Balance sheet total	€ 1,140,559 Balance sheet total 2022: € 1,140,559 First fiscal year in the series	€ 1,363,507 Balance sheet total 2023: € 1,363,507 ▲ 20% vs 2022 (€ 1,140,559) Unchanged	€ 1,511,544 Balance sheet total 2024: € 1,511,544 ▲ 11% vs 2023 (€ 1,363,507) Unchanged	€ 10,910,855 Balance sheet total 2025: € 10,910,855 ▲ € 9.4 million vs 2024 (€ 1,511,544) Unchanged	▲ € 9.4 million

Key figures of GHEERAERT PROPERTY, 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 GHEERAERT PROPERTY?

What happened at GHEERAERT PROPERTY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2027 Augere BV stepped down as director. NBB
2027 G-force.be BV stepped down as director. NBB
Jul 23, 2026 New annual accounts for financial year 2025: profit of € 68,802 (▼ 63% vs 2024). Source: NBB ↗
2022 G-force.be BV became a director. NBB
2022 Augere BV became a director. NBB
Dec 23, 1986 New establishment in Brugge. KBO
Dec 15, 1986 Start of the company according to the CBE. KBO

In short

From € 161,787 profit in 2022 to € 68,802 profit in 2025.

Paid € 227,717 in corporate taxes since 2022.

Best year ever: 2023, with € 226,254 profit.

Paid out € 161,000 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

AUGERE 50%

G-FORCE.BE 50%

The stake of AUGERE, G-FORCE.BE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

GHEERAERT PROPERTY

The shares are held by AUGERE (50%) and G-FORCE.BE (50%).

Directors

According to the 2025 annual accounts

Augere BV

Managing director

Also active at: Trans-Form, GHEERAERT SHARED SERVICES, Gheeraert Express

since 2022 · until 2027

G-force.be BV

Managing director

Also active at: VERVOERONDERNEMING MARCEL LAMBERTS EN ZONEN, Transport De Rudder, Warehouse, Gheeraert Distribution, Trans-Form, GHEERAERT SHARED SERVICES, Gheeraert Express

since 2022 · until 2027

Shareholders

AUGERE

50%

G-FORCE.BE

50%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Pathoekeweg 136

8000 Brugge

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0429.991.201

VAT number

BE 0429.991.201

Registered office

Pathoekeweg 136, 8000 Brugge

Names & denominations

GHEERAERT PROPERTY

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

15 December 1986

Peppol

Active · Active since 2 Dec 2025

Activities · NACE

Handel in eigen onroerend goed

Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen

Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen

View on CBE Public ↗ Annual accounts (NBB) ↗

GHEERAERT PROPERTY

Warning lights

Financials

What happened to GHEERAERT PROPERTY?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Details

Frequently asked questions