What is the address of GERMACO?

The registered office of GERMACO is located at Zaalhof 8, 8900 Ieper.

Is GERMACO still active?

Yes. According to the CBE (29 October 2026) GERMACO is active, legal situation “Normale toestand”, started on 19 September 1990.

Is GERMACO registered on Peppol?

No, GERMACO is currently not registered on the Peppol network.

What is the enterprise number of GERMACO?

The enterprise number of GERMACO is BE0441678117.

When was GERMACO founded?

GERMACO was founded on 19 September 1990.

Who are the directors of GERMACO?

According to the 2025 annual accounts, the directors of GERMACO are: Joseline Ostyn, Gerard Ostyn, Joselito Ostyn.

Is GERMACO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 19 September 1990; 4 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did GERMACO make in 2025?

GERMACO posted a profit after taxes of € 334,841 in financial year 2025.

What is the revenue of GERMACO?

As a small company, GERMACO is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 559,700.

GERMACO (Public Limited) - Ieper - BE0441678117

Dossier GERMACO, printed on 29 October 2026 from databakkes.be/en/0441678117/germaco. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Not on Peppol Peppol

Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.

Financials

Financial year 2025

GERMACO from Ieper, company number BE0441678117, closed financial year 2025 with a result of € 334,841 after tax. For that financial year GERMACO recorded a gross margin of € 559,700 and equity of € 2.5 million. Compared with financial year 2024, the result moved from € 56,159 to € 334,841. Profitable, and profit is growing. 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 December 8, 2025.

What it is worth Growing

€ 2.5 million

▲ 15% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 334,841

▲ € 278,682 vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 641,114

▲ € 543,258 vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 2.4 million.

Debts at end 2025

Bank debt

€ 20,958

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 23,376

▲ 2% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 23,931

▲ 225% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 131,164 Gross margin 2022: € 131,164 First fiscal year in the series	€ 120,024 Gross margin 2023: € 120,024 ▼ 8% vs 2022 (€ 131,164) Unfavourable step	€ 128,566 Gross margin 2024: € 128,566 ▲ 7% vs 2023 (€ 120,024) Favourable step	€ 559,700 Gross margin 2025: € 559,700 ▲ € 431,134 vs 2024 (€ 128,566) Favourable step	▲ € 431,134
Profit after taxes	€ -1,472 Profit after taxes 2022: € -1,472 First fiscal year in the series	€ 30,190 Profit after taxes 2023: € 30,190 ▲ € 31,662 vs 2022 (€ -1,472) Favourable step	€ 56,159 Profit after taxes 2024: € 56,159 ▲ 86% vs 2023 (€ 30,190) Favourable step	€ 334,841 Profit after taxes 2025: € 334,841 ▲ € 278,682 vs 2024 (€ 56,159) Favourable step	▲ € 278,682
Equity	€ 2,094,921 Equity 2022: € 2,094,921 First fiscal year in the series	€ 2,125,111 Equity 2023: € 2,125,111 ▲ 1% vs 2022 (€ 2,094,921) Favourable step	€ 2,181,271 Equity 2024: € 2,181,271 ▲ 3% vs 2023 (€ 2,125,111) Favourable step	€ 2,516,112 Equity 2025: € 2,516,112 ▲ 15% vs 2024 (€ 2,181,271) Favourable step	▲ 15%
Total debts	€ 137,406 Total debts 2022: € 137,406 First fiscal year in the series	€ 164,391 Total debts 2023: € 164,391 ▲ 20% vs 2022 (€ 137,406) Unfavourable step	€ 37,641 Total debts 2024: € 37,641 ▼ 77% vs 2023 (€ 164,391) Favourable step	€ 72,290 Total debts 2025: € 72,290 ▲ 92% vs 2024 (€ 37,641) Unfavourable step	▲ 92%
Cash	€ 189,600 Cash 2022: € 189,600 First fiscal year in the series	€ 263,782 Cash 2023: € 263,782 ▲ 39% vs 2022 (€ 189,600) Favourable step	€ 97,856 Cash 2024: € 97,856 ▼ 63% vs 2023 (€ 263,782) Unfavourable step	€ 641,114 Cash 2025: € 641,114 ▲ € 543,258 vs 2024 (€ 97,856) Favourable step	▲ € 543,258
Land & buildings	€ 1,594,636 Land & buildings 2022: € 1,594,636 First fiscal year in the series	€ 1,566,898 Land & buildings 2023: € 1,566,898 ▼ 2% vs 2022 (€ 1,594,636) Unchanged	€ 1,504,902 Land & buildings 2024: € 1,504,902 ▼ 4% vs 2023 (€ 1,566,898) Unchanged	€ 1,327,621 Land & buildings 2025: € 1,327,621 ▼ 12% vs 2024 (€ 1,504,902) Unchanged	▼ 12%
Retained profit	€ 2,007,421 Retained profit 2022: € 2,007,421 First fiscal year in the series	€ 2,037,611 Retained profit 2023: € 2,037,611 ▲ 2% vs 2022 (€ 2,007,421) Favourable step	€ 2,093,771 Retained profit 2024: € 2,093,771 ▲ 3% vs 2023 (€ 2,037,611) Favourable step	€ 2,428,612 Retained profit 2025: € 2,428,612 ▲ 16% vs 2024 (€ 2,093,771) Favourable step	▲ 16%
Bank debt	€ 0 Bank debt 2022: € 0 First fiscal year in the series	€ 0 Bank debt 2023: € 0 Unchanged (€ 0) Unchanged	€ 0 Bank debt 2024: € 0 Unchanged (€ 0) Unchanged	€ 20,958 Bank debt 2025: € 20,958 Unchanged (€ 0) Unfavourable step
Balance sheet total	€ 2,294,508 Balance sheet total 2022: € 2,294,508 First fiscal year in the series	€ 2,349,489 Balance sheet total 2023: € 2,349,489 ▲ 2% vs 2022 (€ 2,294,508) Unchanged	€ 2,276,707 Balance sheet total 2024: € 2,276,707 ▼ 3% vs 2023 (€ 2,349,489) Unchanged	€ 2,644,004 Balance sheet total 2025: € 2,644,004 ▲ 16% vs 2024 (€ 2,276,707) Unchanged	▲ 16%

Key figures of GERMACO, 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 March 2027.

What happened to GERMACO?

What happened at GERMACO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Dec 8, 2025 New annual accounts for financial year 2025: profit of € 334,841 (▲ € 278,682 vs 2024). Source: NBB ↗
Oct 24, 1990 New establishment in Ieper. KBO
Sep 19, 1990 Start of the company according to the CBE. KBO

In short

From € 1,472 loss in 2022 to € 334,841 profit in 2025.

Paid € 203,296 in corporate taxes since 2022.

Best year ever: 2025, with € 334,841 profit.

Original PDFs at the National Bank ↗

Management

Joseline Ostyn Gerard Ostyn Joselito Ostyn

GERMACO

Behind GERMACO are Joseline Ostyn, Gerard Ostyn and Joselito Ostyn.

Directors

According to the 2025 annual accounts

Joseline Ostyn

Director

Gerard Ostyn

Managing director

Joselito Ostyn

Managing director

Establishments

Establishment units

Physical locations of this company

Registered office

Zaalhof 8

8900 Ieper

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number: 0441.678.117
VAT number: BE 0441.678.117
Registered office: Zaalhof 8, 8900 Ieper
Names & denominations: GERMACO
Enterprise type: Rechtspersoon
Legal form: Public limited company
Legal situation: Normale toestand
Start date: 19 September 1990
Peppol: Not registered

View on CBE Public ↗ Annual accounts (NBB) ↗