Financials
Financial year 2025
FIRMA GYSELS from Veurne, company number BE0435288092, closed financial year 2025 with a result of € 44,056 after tax. For that financial year FIRMA GYSELS recorded revenue of € 13.3 million and equity of € 3.6 million. Compared with financial year 2023, the result moved from € 106,529 to € 44,056. The company is profitable. 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 August 31, 2026.
€ 3.6 million
▼ 2% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 44,056
▼ 59% vs 2023
Profit after tax over the fiscal year.
€ 750,391
▲ 8% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 3.3 million.
People and assets in 2025
44.6
▲ 2.6 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 3 million
▲ 14% vs 2023
€ 67,700 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.
€ 124,076
▼ 35% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 520,613
▼ 32% vs 2023
€ 233,523 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 264,318
▼ 35% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 10 days on average.
€ 820,537
▲ 32% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2025 | Change 2023 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | € 11,802,757 | € 12,077,400 | € 13,333,567 | ▲ 10% |
| Gross margin | € 2,952,136 | - | - | - | |
| Profit after taxes | € 653,151 | € 464,119 | € 106,529 | € 44,056 | ▼ 59% |
| Equity | € 3,233,221 | € 3,597,340 | € 3,703,868 | € 3,639,886 | ▼ 2% |
| Total debts | € 2,738,100 | € 2,648,655 | € 2,963,918 | € 2,567,709 | ▼ 13% |
| Cash | € 725,307 | € 848,013 | € 694,470 | € 750,391 | ▲ 8% |
| Land & buildings | € 419,063 | € 411,631 | € 381,568 | € 297,919 | ▼ 22% |
| Retained profit | € 2,910,921 | € 3,275,040 | € 3,381,568 | € 3,317,586 | ▼ 2% |
| Dividend | € 250,000 | € 100,000 | € 0 | € 0 | |
| Bank debt | € 480,860 | € 345,676 | € 768,965 | € 520,613 | ▼ 32% |
| Balance sheet total | € 5,971,321 | € 6,245,995 | € 6,667,787 | € 6,207,596 | ▼ 7% |
| Employees (FTE) | 34.9 | 41.3 | 42 | 44.6 | ▲ 2.6 |
Key figures of FIRMA GYSELS, fiscal years 2021 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 FIRMA GYSELS?
What happened at FIRMA GYSELS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 44,056 (▼ 59% vs 2023). filed late Source: NBB ↗
- New establishment in Tielt. KBO
- New establishment in Kuurne. KBO
- New establishment in Ingelmunster. KBO
- New establishment in Torhout. KBO
- New establishment in Ieper. KBO
- New establishment in Oostende. KBO
- New establishment in Zedelgem. KBO
In short
From € 653,151 profit in 2021 to € 44,056 profit in 2025.
Paid € 355,982 in corporate taxes since 2021.
Best year ever: 2021, with € 653,151 profit.
On average € 84,600 of value added per employee in 2021.
Management
Behind FIRMA GYSELS is GYSELS SVEN BV. The shares are held by GYSELS SVEN (99.9%) and Sara DEMOLDER (0.1%).
Directors
According to the 2025 annual accounts
Shareholders
99.9%
Sara DEMOLDER
0.1%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Duvenkot 9
8630 Veurne
Kragendijk 113
8300 Knokke-Heist
Active since 1 April 2007
Gistelsesteenweg 104
8400 Oostende
Active since 1 March 2010
Marsbiebuikstraat 17
8210 Zedelgem
Active since 15 February 2008
Arsenaalstraat 6
8900 Ieper
Active since 1 October 2015
Bruggestraat 290
8770 Ingelmunster
Active since 9 January 2019
Bruggestraat 131-133
8820 Torhout
Active since 9 January 2019
Brugsesteenweg 19
8520 Kuurne
Active since 1 January 2022
Pittemsesteenweg 38
8700 Tielt
Active since 1 January 2024
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Details
- Company number
- 0435.288.092
- VAT number
- BE 0435.288.092
- Registered office
- Duvenkot 9, 8630 Veurne
- Names & denominations
- FIRMA GYSELS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 27 September 1988
- Peppol
- Active · Active since 13 May 2025
- Contact
- deco-gysels.be
- Activities · NACE
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