Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 24 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
104 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
GE EUROPE from Brussel, company number BE0438407534, closed financial year 2025 with a result of € -975,278 after tax. For that financial year GE EUROPE recorded revenue of € 1.9 million and equity of € 75.1 million. Compared with financial year 2024, the result moved from € -1.3 million to € -975,278. 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 May 28, 2026.
€ 75.1 million
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -975,278
▲ 27 % less loss than in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -28.1 million.
People and assets in 2025
5.3
▼ 0.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.2 million
▲ 22% vs 2024
€ 223,100 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.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 98,058
▼ 3% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 296,706
▲ 61% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 889,429 | € 2,533,892 | € 1,201,780 | € 1,947,152 | ▲ 62% |
| Gross margin | - | - | € -144,116 | € 1,247,640 | ▲ € 1.4 million |
| Profit after taxes | € -6,913 | € 429,991 | € -1,331,258 | € -975,278 | ▲ € 355,980 |
| Equity | € 76,958,457 | € 77,388,448 | € 76,057,191 | € 75,081,913 | ▼ 1% |
| Total debts | € 2,307,395 | € 3,476,050 | € 3,914,636 | € 4,057,670 | ▲ 4% |
| Retained profit | € -26,252,971 | € -25,822,980 | € -27,154,237 | € -28,129,515 | ▼ € 975,278 |
| Balance sheet total | € 79,265,852 | € 80,864,498 | € 79,971,827 | € 79,152,205 | ▼ 1% |
| Employees (FTE) | 2 | 3.8 | 6 | 5.3 | ▼ 0.7 |
Key figures of GE EUROPE, 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 GE EUROPE?
What happened at GE EUROPE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Iris Villarreal e/v Swaak Brenda stepped down as director. NBB
- Mugdadi Zeinah Anais stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 975,278. Source: NBB ↗
- Lessman Andreas stepped down as director. NBB
- New establishment in Brussel. KBO
- New establishment in Stabroek. KBO
- Start of the company according to the CBE. KBO
In short
From € 6,913 loss in 2022 to € 975,278 loss in 2025.
Paid € 43,779 in corporate taxes since 2022.
Best year ever: 2023, with € 429,991 profit.
On average € 235,400 of value added per employee in 2025.
A new publication or filing at GE EUROPE? We notify you, reason included.
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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
The shares are held by General Electric Company (76.6%) and GE Holdings Luxembourg & Co S.a.r.l. (23.4%). It owns 12% of General Electric Deutschland Holding GMBH itself.
Directors
According to the 2025 annual accounts
Lessman Andreas
Director
· until 2025
Mugdadi Zeinah Anais
Director
· until 2029
Iris Villarreal e/v Swaak Brenda
Director
· until 2031
Shareholders
General Electric Company
76.6%
GE Holdings Luxembourg & Co S.a.r.l.
23.4%
Participations
Establishments
Establishment units
Physical locations of this company
Robert Schumanplein 2-4
1040 Brussel
Abtsdreef 10 box 1
2940 Stabroek
Active since 21 November 1989
Schuman 2-4
1000 Brussel
Active since 24 November 2003
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 104 companies are registered at this address.
All companies at this address →TOMBERG K.
€ 190,243 gross margin · 2024
BELGISCHE VERENIGING VAN GESTRUCTUREERDE INVESTERINGSPRODUCTEN
OFP GE EUROPEAN PENSION FUND
DEKOM BELGIUM
€ 702,789 gross margin · 2025
FOOD CONCEPT
€ 221,210 gross margin · 2025
+99 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
- 0438.407.534
- VAT number
- BE 0438.407.534
- Registered office
- Robert Schumanplein 2-4, 1040 Brussel
- Names & denominations
- GE EUROPE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 September 1989
- Peppol
- Active · Active since 2 Feb 2026
- Activities · NACE
Beroepsopleiding
Volwassenenvorming
Overige zakelijke dienstverlening, neg