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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Tight liquidity NBB
Cash and receivables cover 8 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
G.D.G. - GEERTS - DE GREEF from Kortenberg, company number BE0440128491, closed financial year 2025 with a result of € -10,108 after tax. For that financial year G.D.G. - GEERTS - DE GREEF recorded a gross margin of € 153,063 and equity of € 470,780. Compared with financial year 2024, the result moved from € 3,046 to € -10,108. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on January 23, 2026.
€ 470,780
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -10,108
▼ still € 3,046 profit in 2024
Profit after tax over the fiscal year.
€ 37,918
▲ 20% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 408,780.
Debts at end 2025
€ 317,645
▼ 26% vs 2024
€ 49,655 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 663
▲ 20% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 386
▼ 19% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 274,449 | € 196,156 | € 165,898 | € 153,063 | ▼ 8% |
| Profit after taxes | € 114,681 | € 32,523 | € 3,046 | € -10,108 | ▼ € 13,154 |
| Equity | € 445,319 | € 477,841 | € 480,888 | € 470,780 | ▼ 2% |
| Total debts | € 1,791,622 | € 1,554,397 | € 1,381,235 | € 1,191,392 | ▼ 14% |
| Cash | € 256,236 | € 146,191 | € 31,492 | € 37,918 | ▲ 20% |
| Land & buildings | € 1,950,397 | € 1,825,501 | € 1,696,786 | € 1,568,132 | ▼ 8% |
| Retained profit | € 383,319 | € 415,841 | € 418,888 | € 408,780 | ▼ 2% |
| Bank debt | € 697,751 | € 564,392 | € 430,615 | € 317,645 | ▼ 26% |
| Balance sheet total | € 2,236,941 | € 2,032,238 | € 1,862,122 | € 1,662,172 | ▼ 11% |
Key figures of G.D.G. - GEERTS - DE GREEF, 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 January 2027.
What happened to G.D.G. - GEERTS - DE GREEF?
What happened at G.D.G. - GEERTS - DE GREEF in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Philippe Geerts stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 10,108 (▼ € 13,154 vs 2024). Source: NBB ↗
- Philippe Geerts became a director. NBB
- New establishment in Kortenberg. KBO
- Start of the company according to the CBE. KBO
In short
From € 114,681 profit in 2022 to € 10,108 loss in 2025.
Paid € 15,837 in corporate taxes since 2022.
Best year ever: 2022, with € 114,681 profit.
Management
Directors
According to the 2025 annual accounts
Philippe Geerts
Director
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Stationstraat 18
3070 Kortenberg
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0440.128.491
- VAT number
- BE 0440.128.491
- Registered office
- Stationstraat 18, 3070 Kortenberg
- Names & denominations
- G.D.G. - GEERTS - DE GREEF
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 6 February 1990
- Peppol
- Active · Active since 9 Jan 2026
- Activities · NACE
Overige niet-gespecialiseerde detailhandel
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen niet overheersen (verkoopoppervlakte < 2500 m²)
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 400 m² en minder dan 2500 m²)