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 17 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
GEBEL from Menen, company number BE0446112896, closed financial year 2025 with a result of € -2,953 after tax. For that financial year GEBEL recorded a gross margin of € -907 and equity of € 292,007. Compared with financial year 2024, the result moved from € 10,389 to € -2,953. 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 April 14, 2026.
€ 292,007
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2,953
▼ still € 10,389 profit in 2024
Profit after tax over the fiscal year.
€ 39,218
▼ 9% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -40,493.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -9,284 | € -5,071 | € -4,497 | € -907 | ▲ € 3,590 |
| Profit after taxes | € -23,875 | € -11,914 | € 10,389 | € -2,953 | ▼ € 13,343 |
| Equity | € 296,485 | € 284,572 | € 294,961 | € 292,007 | ▼ 1% |
| Total debts | € 298,492 | € 278,434 | € 261,544 | € 246,291 | ▼ 6% |
| Cash | € 44,438 | € 52,097 | € 43,070 | € 39,218 | ▼ 9% |
| Land & buildings | € 24,858 | € 24,112 | € 23,367 | € 22,621 | ▼ 3% |
| Retained profit | € -36,015 | € -47,928 | € -37,539 | € -40,493 | ▼ € 2,953 |
| Balance sheet total | € 594,978 | € 563,005 | € 556,504 | € 538,299 | ▼ 3% |
Key figures of GEBEL, 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 GEBEL?
What happened at GEBEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Kristof Desmet stepped down as director. NBB
- Geneviève Storme stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 2,953 (▼ € 13,343 vs 2024). Source: NBB ↗
- Kristof Desmet became a director. NBB
- Geneviève Storme became a director. NBB
- New establishment in Menen. KBO
- Start of the company according to the CBE. KBO
In short
From € 23,875 loss in 2022 to € 2,953 loss in 2025.
Best year ever: 2024, with € 10,389 profit.
Management
Directors
According to the 2025 annual accounts
Kristof Desmet
Director
since 2005 · until 2029
Geneviève Storme
Managing director
since 2005 · until 2029
Establishments
Establishment units
Physical locations of this company
Wevelgemstraat 9
8930 Menen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0446.112.896
- VAT number
- BE 0446.112.896
- Registered office
- Wevelgemstraat 9, 8930 Menen
- Names & denominations
- GEBEL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 16 December 1991
- Peppol
- Not registered