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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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
Geert Braems from Zwalm, company number BE0437430210, closed financial year 2025 with a result of € -40,392 after tax. For that financial year Geert Braems recorded a gross margin of € -55,345 and equity of € 212,647. Compared with financial year 2024, the result moved from € -42,879 to € -40,392. The company made a loss. 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 June 18, 2026.
€ 212,647
▼ 16% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -40,392
▲ 6 % less loss than in 2024
Profit after tax over the fiscal year.
€ 679
▼ 99% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 147,647.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1,825
Supplier invoices still open on the last day of the fiscal year.
€ 3,396
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -61,543 | € -66,868 | € -69,897 | € -55,345 | ▲ € 14,553 |
| Profit after taxes | € -62,158 | € -56,145 | € -42,879 | € -40,392 | ▲ € 2,487 |
| Equity | € 352,063 | € 295,918 | € 253,039 | € 212,647 | ▼ 16% |
| Total debts | € 402 | € 296 | € 0 | € 5,222 | |
| Cash | € 563,355 | € 81,601 | € 105,621 | € 679 | ▼ 99% |
| Retained profit | € 287,063 | € 230,918 | € 188,039 | € 147,647 | ▼ 21% |
| Balance sheet total | € 623,524 | € 567,274 | € 524,099 | € 488,929 | ▼ 7% |
Key figures of Geert Braems, 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 Geert Braems?
What happened at Geert Braems in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 40,392. Source: NBB ↗
- Kelly Braems became a director. NBB
- Magalie Braems became a director. NBB
- Geert Braems became a director. NBB
- Vernaeckt Christine became a director. NBB
- New establishment in Zwalm. KBO
- Start of the company according to the CBE. KBO
In short
From € 62,158 loss in 2022 to € 40,392 loss in 2025.
Management
Behind Geert Braems are Kelly Braems, Magalie Braems, Geert Braems and Vernaeckt Christine.
Directors
According to the 2025 annual accounts
Kelly Braems
Director
since 2017
Magalie Braems
Director
since 2017
Geert Braems
Managing director
since 2017
Vernaeckt Christine
Director
since 2017
Establishments
Establishment units
Physical locations of this company
Lindestraat(Ned) 32
9636 Zwalm
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0437.430.210
- VAT number
- BE 0437.430.210
- Registered office
- Lindestraat(Ned) 32, 9636 Zwalm
- Names & denominations
- Geert Braems
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 5 May 1989
- Peppol
- Active · Active since 11 Dec 2025
- Activities · NACE
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