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 45 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
11 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
ROGER GEHLEN from Waimes, company number BE0433671756, closed financial year 2025 with a result of € 222,773 after tax. For that financial year ROGER GEHLEN recorded revenue of € 19.4 million and equity of € 3.6 million. Compared with financial year 2024, the result moved from € 125,485 to € 222,773. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 9, 2026.
€ 3.6 million
▲ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 222,773
▲ 78% vs 2024
Profit after tax over the fiscal year.
€ 668,549
▲ 18% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 1.6 million.
People and assets in 2025
110.3
▲ 22.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 6.8 million
▲ 33% vs 2024
€ 61,800 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.
€ 1.5 million
▼ 14% vs 2024
Of which on lease € 492,013.
Debts at end 2025
€ 7.8 million
▲ 29% vs 2024
€ 945,635 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 4.9 million
▼ 17% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 103 days on average.
€ 753,154
▲ 3% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 16,904,209 | € 17,612,304 | € 20,197,236 | € 19,372,270 | ▼ 4% |
| Profit after taxes | € 225,109 | € 487,088 | € 125,485 | € 222,773 | ▲ 78% |
| Equity | € 2,754,692 | € 3,241,780 | € 3,367,266 | € 3,590,039 | ▲ 7% |
| Total debts | € 9,617,461 | € 10,493,449 | € 13,709,481 | € 13,609,731 | ▼ 1% |
| Cash | € 569,916 | € 769,746 | € 566,436 | € 668,549 | ▲ 18% |
| Land & buildings | € 2,208 | € 1,404 | € 600 | € 1,770,917 | ▲ € 1.8 million |
| Retained profit | € 754,692 | € 1,241,780 | € 1,367,266 | € 1,590,039 | ▲ 16% |
| Bank debt | € 4,415,028 | € 4,607,043 | € 6,066,540 | € 7,806,300 | ▲ 29% |
| Balance sheet total | € 12,372,153 | € 13,735,229 | € 17,076,747 | € 17,199,770 | ▲ 1% |
| Employees (FTE) | 85.9 | 85.9 | 87.7 | 110.3 | ▲ 22.6 |
Key figures of ROGER GEHLEN, 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 ROGER GEHLEN?
What happened at ROGER GEHLEN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- INTO THE WILD SRL stepped down as director. NBB
- LACGEST SRL stepped down as director. NBB
- GEHLEN MANAGEMENT SRL stepped down as director. NBB
- 3R, Leboutte & C° (B00313) SRL stepped down as director. NBB
- Roger GEHLEN stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 222,773 (▲ 78% vs 2024). Source: NBB ↗
- INTO THE WILD SRL became a director. NBB
- SOCIETE INTERNATIONALE DE TRAVAUX PUBLICS SA stepped down as director. NBB
In short
From € 225,109 profit in 2022 to € 222,773 profit in 2025.
Paid € 422,345 in corporate taxes since 2022.
Best year ever: 2023, with € 487,088 profit.
Pays suppliers within 103 days on average.
Management
The stake of VIA Group, Société Internationale de Travaux Publics, GEHLEN MANAGEMENT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ROGER GEHLENThe shares are held by VIA Group (100%), Société Internationale de Travaux Publics (50%) and GEHLEN MANAGEMENT (50%).
Directors
According to the 2025 annual accounts
Administrateur · represented by Gaelle LECOQ
Also active at: TEGEC, DEGETRA, PIPE CONSULT, DUOFLUX, Soutènement & Expertise
since 2025 · until 2031
SOCIETE INTERNATIONALE DE TRAVAUX PUBLICS SA
Administrateur · represented by Freddy LECOQ
Also active at: SOCIETE DES TRAVAUX GENERAUX DE CONSTRUCTIONS, TEGEC, DEGETRA, PIPE CONSULT
since 2023 · until 2025
Administrateur · represented by Roger GEHLEN
Also active at: UNIMMO, GEHLEN IMMO, ETABLISSEMENTS PAULY - ANDRIANNE, COVEBAT, G-Bois, COMBLAIN MOTORS, SERBI, ARDENNE RAILS +27 more
since 2023 · until 2029
Administrateur · represented by Antoine Lacroix
Also active at: TEGEC, LKS Group, DEGETRA, PIPE CONSULT, DUOFLUX, M&E Solution, VIA Group
since 2025 · until 2031
3R, Leboutte & C° (B00313) SRL
Commissaire · represented by Hélène REUCHAMPS
Also active at: CENTRE D'ACCUEIL LES HEURES CLAIRES, ATELIERS EMILE MEURICE
since 2025 · until 2028
Roger GEHLEN
Managing director
Also active at: GEHLEN IMMO, COVEBAT, G-Bois, Société Internationale de Travaux Publics, SERBI, ARDENNE RAILS, GEFOR, DEGETRA +23 more
since 2021 · until 2027
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue de la Litorne 3
4950 Waimes
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 11 companies are registered at this address.
All companies at this address →AM GEHLEN - TRAGECO - BAELEN (PIC 2013-2016)
AM GEDIMA - VERVIERS
Société momentanée GEDIMA-DOUR
SM ROGER GEHLEN - PIPE CONSULT - CONCORDE
AM ROGER GEHLEN-TRAGECO-VERVIERS AIDE
+6 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0433.671.756
- VAT number
- BE 0433.671.756
- Registered office
- Rue de la Litorne 3, 4950 Waimes
- Names & denominations
- ROGER GEHLEN
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 21 March 1988
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Bouw van civieltechnische werken voor elektriciteit en telecommunicatie
Bouwrijp maken van terreinen
Grondverzet
Goederenvervoer over de weg
Groothandel in bouwmaterialen, algemeen assortiment
Bouw van autowegen en andere wegen
Proefboren en boren
Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)
+3