Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 57 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GHEYSEN ETIEN from Kortrijk, company number BE0442082250, closed financial year 2025 with a result of € -8,198 after tax. For that financial year GHEYSEN ETIEN recorded a gross margin of € 16,324 and equity of € 1.5 million. Compared with financial year 2024, the result moved from € 21,011 to € -8,198. 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 August 31, 2026.
€ 1.5 million
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -8,198
▼ still € 21,011 profit in 2024
Profit after tax over the fiscal year.
€ 293,849
▲ 74% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.4 million.
People and assets in 2025
€ 38,926
▼ 25% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1,214
▲ 4% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 91
▼ 79% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 16,459 | € 21,936 | € 44,450 | € 16,324 | ▼ 63% |
| Profit after taxes | € 4,091 | € 6,950 | € 21,011 | € -8,198 | ▼ € 29,209 |
| Equity | € 1,992,958 | € 1,459,908 | € 1,480,919 | € 1,472,720 | ▼ 1% |
| Total debts | € 71,358 | € 579,477 | € 562,302 | € 526,909 | ▼ 6% |
| Cash | € 399,352 | € 157,408 | € 168,860 | € 293,849 | ▲ 74% |
| Land & buildings | € 1,657,695 | € 1,653,872 | € 1,651,365 | € 1,647,733 | |
| Retained profit | € 1,359,858 | € 1,366,808 | € 1,387,819 | € 1,379,620 | ▼ 1% |
| Bank debt | € 43,898 | € 28,585 | € 14,391 | € 0 | ▼ 100% |
| Balance sheet total | € 2,064,317 | € 2,039,385 | € 2,043,221 | € 1,999,629 | ▼ 2% |
Key figures of GHEYSEN ETIEN, 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 GHEYSEN ETIEN?
What happened at GHEYSEN ETIEN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Frederik GHEYSEN stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 8,199 (▼ € 29,209 vs 2024). filed late Source: NBB ↗
- New establishment in Nieuwpoort. KBO
- Frederik GHEYSEN became a director. NBB
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 4,091 profit in 2022 to € 8,199 loss in 2025.
Paid € 1,555 in corporate taxes since 2022.
Best year ever: 2024, with € 21,011 profit.
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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
Directors
According to the 2025 annual accounts
Frederik GHEYSEN
Director
since 2019 · until 2031
Establishments
Establishment units
Physical locations of this company
Groenestraat(Heu) 12
8501 Kortrijk
Albert I laan 88
8620 Nieuwpoort
Active since 1 July 2023
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0442.082.250
- VAT number
- BE 0442.082.250
- Registered office
- Groenestraat(Heu) 12, 8501 Kortrijk
- Names & denominations
- GHEYSEN ETIEN
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 12 December 1990
- Peppol
- Active · Active since 15 Sept 2025
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Literaire creatie
Handelsbemiddeling in de niet-gespecialiseerde groothandel
Detailhandel in cultuur- en recreatieartikelen, neg
Scheppende kunsten, m.u.v. ondersteunende diensten
Detailhandel in nieuwe kunstvoorwerpen in gespecialiseerde winkels