Financials
Financial year 2025
GEERARDYN FARM PRODUCTS from Alveringem, company number BE0445689363, closed financial year 2025 with a result of € -19,730 after tax. For that financial year GEERARDYN FARM PRODUCTS recorded a gross margin of € 387,456 and equity of € 482,530. Compared with financial year 2024, the result moved from € 37,441 to € -19,730. 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 June 10, 2026.
€ 482,530
▼ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -19,730
▼ still € 37,441 profit in 2024
Profit after tax over the fiscal year.
€ 52,857
▼ 59% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 420,530.
People and assets in 2025
0.8
Average over the fiscal year, from the social balance sheet.
€ 39,741
▲ € 38,016 vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 676,797
▲ € 556,446 vs 2024
Of which on lease € 610,967.
Debts at end 2025
€ 1.5 million
▲ 34% vs 2024
€ 273,421 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 528,902
▼ 15% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 14,972
▲ 82% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 307,490 | € 429,677 | € 386,629 | € 387,456 | |
| Profit after taxes | € 63,194 | € 75,610 | € 37,441 | € -19,730 | ▼ € 57,171 |
| Equity | € 389,208 | € 464,819 | € 502,260 | € 482,530 | ▼ 4% |
| Total debts | € 2,073,922 | € 2,255,860 | € 2,170,004 | € 2,461,893 | ▲ 13% |
| Cash | € 187,976 | € 82,189 | € 128,935 | € 52,857 | ▼ 59% |
| Land & buildings | € 811,583 | € 792,796 | € 768,279 | € 752,183 | ▼ 2% |
| Retained profit | € 327,208 | € 402,819 | € 440,260 | € 420,530 | ▼ 4% |
| Bank debt | € 988,942 | € 1,362,679 | € 1,121,131 | € 1,507,867 | ▲ 34% |
| Balance sheet total | € 2,465,623 | € 2,722,664 | € 2,673,757 | € 2,945,416 | ▲ 10% |
| Employees (FTE) | 0 | 0.1 | 0 | 0.8 |
Key figures of GEERARDYN FARM PRODUCTS, 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 GEERARDYN FARM PRODUCTS?
What happened at GEERARDYN FARM PRODUCTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Karel Geerardyn stepped down as director. NBB
- Kristine Crombez stepped down as director. NBB
- Pieter Geerardyn stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 19,730 (▼ € 57,171 vs 2024). Source: NBB ↗
- Karel Geerardyn became a director. NBB
- Kristine Crombez became a director. NBB
- Pieter Geerardyn became a director. NBB
- New establishment in Alveringem. KBO
In short
From € 63,194 profit in 2022 to € 19,730 loss in 2025.
Paid € 41,207 in corporate taxes since 2022.
Best year ever: 2023, with € 75,610 profit.
Management
Directors
According to the 2025 annual accounts
Karel Geerardyn
Managing director
since 2023 · until 2029
Kristine Crombez
Managing director
since 2023 · until 2029
Pieter Geerardyn
Managing director
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Kerselaarstraat 2
8691 Alveringem
Casselstraat 9
8691 Alveringem
Active since 2 December 1991
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0445.689.363
- VAT number
- BE 0445.689.363
- Registered office
- Kerselaarstraat 2, 8691 Alveringem
- Names & denominations
- GEERARDYN FARM PRODUCTS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 8 November 1991
- Peppol
- Active · Active since 22 May 2025
- Activities · NACE
Ondersteunende activiteiten in verband met de teelt van gewassen
Gemengd landbouwbedrijf
Gemengd bedrijf