Financials
Financial year 2025
GEYSEN from Westerlo, company number BE0431474410, closed financial year 2025 with a result of € -599,941 after tax. For that financial year GEYSEN recorded revenue of € 13.7 million and equity of € 511,415. Compared with financial year 2024, the result moved from € 19,192 to € -599,941. The company made a loss. The buffer shrank hard: equity is 54 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 23, 2026.
€ 511,415
▼ 54% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -599,941
▼ still € 19,192 profit in 2024
Profit after tax over the fiscal year.
€ 1 million
▼ 15% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 424,615.
People and assets in 2025
134
▼ 2.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 9.4 million
▼ 3% vs 2024
€ 69,900 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.
€ 88,718
▼ 33% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.8 million
▲ 9% vs 2024
€ 241,934 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 400,233
▼ 57% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 30 days on average.
€ 2 million
▼ 6% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 13,695,195 | € 13,496,634 | € 14,279,667 | € 13,652,451 | ▼ 4% |
| Profit after taxes | € 491,091 | € -121,335 | € 19,192 | € -599,941 | ▼ € 619,134 |
| Equity | € 1,213,498 | € 1,092,164 | € 1,111,356 | € 511,415 | ▼ 54% |
| Total debts | € 4,467,687 | € 4,677,533 | € 5,069,044 | € 4,436,543 | ▼ 12% |
| Cash | € 821,448 | € 422,572 | € 1,213,769 | € 1,034,166 | ▼ 15% |
| Retained profit | € 1,126,699 | € 1,005,364 | € 1,024,556 | € 424,615 | ▼ 59% |
| Dividend | € 450,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 2,063,442 | € 2,003,727 | € 1,699,858 | € 1,846,850 | ▲ 9% |
| Balance sheet total | € 5,681,186 | € 5,769,697 | € 6,187,672 | € 4,955,230 | ▼ 20% |
| Employees (FTE) | 137.3 | 135.6 | 136.6 | 134 | ▼ 2.6 |
Key figures of GEYSEN, 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 GEYSEN?
What happened at GEYSEN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Monique Maes stepped down as director. NBB
- Vejopirox NV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 599,941 (▼ € 619,134 vs 2024). Source: NBB ↗
- Monique Maes became a director. NBB
- Vejopirox NV became a director. NBB
- New establishment in Westerlo. KBO
- Start of the company according to the CBE. KBO
In short
From € 491,091 profit in 2022 to € 599,941 loss in 2025.
Paid € 604,212 in corporate taxes since 2022.
Best year ever: 2022, with € 491,091 profit.
Paid out € 450,000 in dividends to the owners in total.
Management
The stake of VEJOPIROX comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
GEYSENThe shares are held by VEJOPIROX (99%). It owns Techniekers Zonder Grenzen itself.
Directors
According to the 2025 annual accounts
since 2022 · until 2028
since 2022 · until 2028
Shareholders
99%
Participations
Establishments
Establishment units
Physical locations of this company
Snelwegstraat 1 box A
2260 Westerlo
Snelwegstraat 1 A
2260 Westerlo
Active since 25 February 2000
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0431.474.410
- VAT number
- BE 0431.474.410
- Registered office
- Snelwegstraat 1 bus A, 2260 Westerlo
- Names & denominations
- GEYSEN
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 24 June 1987
- Peppol
- Active · Active since 8 Sept 2025
- Activities · NACE
Reparatie en onderhoud van machines
Algemene metaalbewerking
Reparatie en onderhoud van andere apparatuur
Reparatie en onderhoud van elektrische apparatuur