Financials
Financial year 2025
GESSOFOR from Manhay, company number BE0436913833, closed financial year 2025 with a result of € 66,671 after tax. For that financial year GESSOFOR recorded a gross margin of € 788,774 and equity of € 1 million. Compared with financial year 2024, the result moved from € 96,436 to € 66,671. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on April 30, 2026.
€ 1 million
▲ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 66,671
▼ 31% vs 2024
Profit after tax over the fiscal year.
€ 290,259
▼ 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 € 970,069.
People and assets in 2025
7.8
▲ 2.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 388,096
▲ 45% vs 2024
€ 49,800 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.
€ 529,770
▼ 27% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 84,912
▼ 71% vs 2024
€ 59,901 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 350,436
▲ 40% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 45,717
▲ 39% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 467,499 | € 639,643 | € 681,001 | € 788,774 | ▲ 16% |
| Profit after taxes | € 82,344 | € 108,021 | € 96,436 | € 66,671 | ▼ 31% |
| Equity | € 773,310 | € 881,331 | € 977,767 | € 1,044,437 | ▲ 7% |
| Total debts | € 619,492 | € 816,801 | € 575,129 | € 481,064 | ▼ 16% |
| Cash | € 35,158 | € 151,427 | € 355,848 | € 290,259 | ▼ 18% |
| Land & buildings | € 324,901 | € 306,041 | € 287,181 | € 268,321 | ▼ 7% |
| Retained profit | € 698,942 | € 806,963 | € 903,399 | € 970,069 | ▲ 7% |
| Bank debt | € 469,877 | € 411,494 | € 291,436 | € 84,912 | ▼ 71% |
| Balance sheet total | € 1,392,802 | € 1,698,132 | € 1,552,896 | € 1,525,502 | ▼ 2% |
| Employees (FTE) | 5.2 | 5.8 | 5.7 | 7.8 | ▲ 2.1 |
Key figures of GESSOFOR, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to GESSOFOR?
What happened at GESSOFOR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 66,671 (▼ 31% vs 2024). Source: NBB ↗
- New establishment in Manhay. KBO
- New establishment in Manhay. KBO
- Start of the company according to the CBE. KBO
In short
From € 82,344 profit in 2022 to € 66,671 profit in 2025.
Paid € 39,688 in corporate taxes since 2022.
Best year ever: 2023, with € 108,021 profit.
On average € 101,100 of value added per employee in 2025.
Management
Behind GESSOFOR are Sylvie ESTERS, Yves PIROTHON and Martin PIROTHON. Yves PIROTHON is also behind PEPINIERE PIROTHON and GROUPEMENT FORESTIER DE NOIRMONT.
Directors
According to the 2025 annual accounts
Sylvie ESTERS
Managing director
Yves PIROTHON
Managing director
Also active at: PEPINIERE PIROTHON, GROUPEMENT FORESTIER DE NOIRMONT
Martin PIROTHON
Administrator-manager
Establishments
Establishment units
Physical locations of this company
Al Masse, Harre 1
6960 Manhay
Massotte, Harre 1
6960 Manhay
Active since 1 October 2018
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0436.913.833
- VAT number
- BE 0436.913.833
- Registered office
- Al Masse, Harre 1, 6960 Manhay
- Names & denominations
- GESSOFOR
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 9 March 1989
- Peppol
- Active · Active since 4 Sept 2025
- Activities · NACE
Bosbouw en bosbouwactiviteiten
Exploitatie van bossen
Bosexploitatie