Financials
Financial year 2025
GERMINAL from Liège, company number BE0430461650, closed financial year 2025 with a result of € 240,646 after tax. For that financial year GERMINAL recorded a gross margin of € 374,377 and equity of € 378,181. Compared with financial year 2024, the result moved from € 20,584 to € 240,646. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 6, 2026.
€ 378,181
▲ 131% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 240,646
▲ € 220,062 vs 2024
Profit after tax over the fiscal year.
€ 443,925
▲ 150% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 26,000 paid out
11 % of the profit went to the shareholders, the rest stayed in the company.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 3,460
▼ 72% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 16,916
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 56,268 | € 58,238 | € 56,321 | € 374,377 | ▲ € 318,056 |
| Profit after taxes | € 16,716 | € 18,704 | € 20,584 | € 240,646 | ▲ € 220,062 |
| Equity | € 242,996 | € 142,951 | € 163,535 | € 378,181 | ▲ 131% |
| Total debts | € 37,565 | € 114,816 | € 124,046 | € 148,455 | ▲ 20% |
| Cash | € 134,436 | € 132,315 | € 177,607 | € 443,925 | ▲ 150% |
| Land & buildings | € 115,904 | € 102,152 | € 89,502 | € 61,454 | ▼ 31% |
| Retained profit | € 105,496 | € 124,201 | € 144,785 | € 359,431 | ▲ 148% |
| Dividend | € 0 | € 0 | € 0 | € 26,000 | |
| Balance sheet total | € 280,562 | € 257,766 | € 287,581 | € 526,636 | ▲ 83% |
Key figures of GERMINAL, 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 GERMINAL?
What happened at GERMINAL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 240,646 (▲ € 220,062 vs 2024). Source: NBB ↗
- Giovanni RUSSO became a director. NBB
- Pascal RUSSO became a director. NBB
- New establishment in Liège. KBO
- Start of the company according to the CBE. KBO
In short
From € 16,716 profit in 2022 to € 240,646 profit in 2025.
Paid € 138,421 in corporate taxes since 2022.
Best year ever: 2025, with € 240,646 profit.
Paid out € 26,000 in dividends to the owners in total.
A new publication or filing at GERMINAL? We notify you, reason included.
Follow GERMINALDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
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
Behind GERMINAL are Giovanni RUSSO, Pascal RUSSO and Rosanna SANTINI.
Directors
According to the 2025 annual accounts
Giovanni RUSSO
Director
since 2022
Pascal RUSSO
Director
since 2022
Rosanna SANTINI
Associate
Establishments
Establishment units
Physical locations of this company
Clos du Phalanstère 17
4020 Liège
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0430.461.650
- VAT number
- BE 0430.461.650
- Registered office
- Clos du Phalanstère 17, 4020 Liège
- Names & denominations
- GERMINAL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 February 1987
- Peppol
- Active · Active since 18 Dec 2025