Financials
Financial year 2026
GELUWTRANS from Menen, company number BE0435931361, closed financial year 2026 with a result of € 19,680 after tax. For that financial year GELUWTRANS recorded a gross margin of € 56,357 and equity of € 55,039. Compared with financial year 2025, the result moved from € 37,053 to € 19,680. The company is profitable. The buffer shrank hard: equity is 68 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 18, 2026.
€ 55,039
▼ 68% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 19,680
▼ 47% vs 2025
Profit after tax over the fiscal year.
€ 29,539
▼ 81% vs 2025
Cash and bank balances on the last day of the fiscal year.
€ 136,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2026
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 169,203
▲ 124% vs 2025
Of which on lease € 165,242.
Debts at end 2026
€ 142,211
▲ € 134,600 vs 2025
€ 17,168 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 16,882
▼ 4% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 11,866
▼ 47% vs 2025
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 85,390 | € 85,584 | € 102,567 | € 56,357 | ▼ 45% |
| Profit after taxes | € -20,741 | € 3,343 | € 37,053 | € 19,680 | ▼ 47% |
| Equity | € 130,962 | € 134,305 | € 171,358 | € 55,039 | ▼ 68% |
| Total debts | € 190,714 | € 128,008 | € 102,494 | € 202,289 | ▲ 97% |
| Cash | € 72,252 | € 100,918 | € 153,170 | € 29,539 | ▼ 81% |
| Retained profit | € 112,362 | € 115,705 | € 152,758 | € 36,439 | ▼ 76% |
| Dividend | € 0 | € 0 | € 0 | € 136,000 | |
| Bank debt | € 60,685 | € 32,525 | € 7,611 | € 142,211 | ▲ € 134,600 |
| Balance sheet total | € 331,235 | € 271,872 | € 273,852 | € 257,327 | ▼ 6% |
Key figures of GELUWTRANS, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 30 January 2028.
What happened to GELUWTRANS?
What happened at GELUWTRANS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 19,680 (▼ 47% vs 2025). Source: NBB ↗
- NICO FAES became a director. NBB
- New establishment in Menen. KBO
- Start of the company according to the CBE. KBO
In short
From € 20,741 loss in 2023 to € 19,680 profit in 2026.
Paid € 24,109 in corporate taxes since 2023.
Best year ever: 2025, with € 37,053 profit.
Paid out € 136,000 in dividends to the owners in total.
Management
Behind GELUWTRANS is NICO FAES.
Directors
According to the 2026 annual accounts
NICO FAES
Director
since 2021
Establishments
Establishment units
Physical locations of this company
Zwanenkouter 2
8930 Menen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0435.931.361
- VAT number
- BE 0435.931.361
- Registered office
- Zwanenkouter 2, 8930 Menen
- Names & denominations
- GELUWTRANS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 December 1988
- Peppol
- Active · Active since 8 Sept 2026
- Activities · NACE
Goederenvervoer over de weg