Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 3 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
20 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
G.A.C from Antwerpen, company number BE0436149810, closed financial year 2025 with a result of € 32,857 after tax. For that financial year G.A.C recorded a gross margin of € 542,715 and equity of € 269,487. Compared with financial year 2024, the result moved from € 113,680 to € 32,857. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 29, 2026.
€ 269,487
▲ 14% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 32,857
▼ 71% vs 2024
Profit after tax over the fiscal year.
€ 16,984
▲ 125% 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 € -330,988.
Debts at end 2025
€ 5.4 million
▼ 11% vs 2024
€ 259,638 is repaid this year. At this pace the long-term loan is gone in ≈ 17 years.
€ 154,745
▼ 34% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 36,004 | € 31,235 | € 675,423 | € 542,715 | ▼ 20% |
| Profit after taxes | € -94,782 | € -327,188 | € 113,680 | € 32,857 | ▼ 71% |
| Equity | € -136,625 | € 122,950 | € 236,630 | € 269,487 | ▲ 14% |
| Total debts | € 4,487,690 | € 6,692,569 | € 8,375,147 | € 8,116,400 | ▼ 3% |
| Cash | € 55,931 | € 25,453 | € 7,556 | € 16,984 | ▲ 125% |
| Land & buildings | € 3,773,224 | € 5,535,237 | € 6,957,579 | € 6,938,063 | |
| Retained profit | € -198,627 | € -525,749 | € -387,957 | € -330,988 | ▲ € 56,969 |
| Bank debt | € 2,891,317 | € 4,983,161 | € 6,106,008 | € 5,434,057 | ▼ 11% |
| Balance sheet total | € 4,389,226 | € 6,851,636 | € 8,645,849 | € 8,417,915 | ▼ 3% |
Key figures of G.A.C, 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 G.A.C?
What happened at G.A.C in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- ISSA BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 32,857 (▼ 71% vs 2024). Source: NBB ↗
- ISSA BV became a director. NBB
- Renate Serneels became a director. NBB
- New establishment in Schilde. KBO
- Start of the company according to the CBE. KBO
In short
From € 94,782 loss in 2022 to € 32,857 profit in 2025.
Best year ever: 2024, with € 113,680 profit.
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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
Directors
According to the 2025 annual accounts
Renate Serneels
Director
since 2020
Managing director · represented by Ali Söykenç
since 2024 · until 2030
Establishments
Establishment units
Physical locations of this company
Frans Van Hombeeckplein 33
2600 Antwerpen
Kampdreef 28 A
2970 Schilde
Active since 19 January 1989
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 20 companies are registered at this address.
All companies at this address →CALL-IMMO
€ 516,714 gross margin · 2025
GODWALD
€ 67,629 gross margin · 2025
MIDI
€ -19,012 gross margin · 2025
SOYKENC
€ 324,622 gross margin · 2025
PUR - SANG
€ -18,357 gross margin · 2025
+15 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
- 0436.149.810
- VAT number
- BE 0436.149.810
- Registered office
- Frans Van Hombeeckplein 33, 2600 Antwerpen
- Names & denominations
- G.A.C
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 14 December 1988
- Peppol
- Active · Active since 16 Dec 2025