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 38 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
G & S BELGIUM from Lier, company number BE0448563236, closed financial year 2025 with a result of € 4,888 after tax. For that financial year G & S BELGIUM recorded a gross margin of € 198,181 and equity of € 288,358. Compared with financial year 2024, the result moved from € 9,993 to € 4,888. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 14, 2026.
€ 288,358
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4,888
▼ 51% vs 2024
Profit after tax over the fiscal year.
€ 59,303
▲ 73% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 269,766.
People and assets in 2025
€ 142,494
▼ 33% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.1 million
▼ 1% vs 2024
€ 37,093 is repaid this year. At this pace the long-term loan is gone in ≈ 15 years.
€ 26,215
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 165,344 | € 211,150 | € 156,648 | € 198,181 | ▲ 27% |
| Profit after taxes | € 12,211 | € 11,683 | € 9,993 | € 4,888 | ▼ 51% |
| Equity | € 261,795 | € 273,478 | € 283,470 | € 288,358 | ▲ 2% |
| Total debts | € 1,261,199 | € 1,213,373 | € 1,278,673 | € 1,278,260 | |
| Cash | € 111,531 | € 66,187 | € 34,285 | € 59,303 | ▲ 73% |
| Land & buildings | € 20,261 | € 16,176 | € 12,091 | € 8,007 | ▼ 34% |
| Retained profit | € 243,203 | € 254,886 | € 264,878 | € 269,766 | ▲ 2% |
| Bank debt | € 727,847 | € 943,922 | € 1,061,638 | € 1,052,102 | ▼ 1% |
| Balance sheet total | € 1,522,994 | € 1,486,851 | € 1,562,143 | € 1,566,618 |
Key figures of G & S BELGIUM, 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 G & S BELGIUM?
What happened at G & S BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 4,888 (▼ 51% vs 2024). filed late Source: NBB ↗
- ILSE VAN DYCK became a director. NBB
- New establishment in Lier. KBO
- MICHEL SUETENS became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 12,211 profit in 2022 to € 4,888 profit in 2025.
Paid € 56,990 in corporate taxes since 2022.
Best year ever: 2022, with € 12,211 profit.
Management
Behind G & S BELGIUM are MICHEL SUETENS and ILSE VAN DYCK. MICHEL SUETENS is also behind 2013 TRADING.
Directors
According to the 2025 annual accounts
since 1992
ILSE VAN DYCK
Director
since 2015
Establishments
Establishment units
Physical locations of this company
Mechelsesteenweg 260
2500 Lier
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
TRANSIP-AS Amsterdam, the Netherlands, NL
Website info
Features
Security
Details
- Company number
- 0448.563.236
- VAT number
- BE 0448.563.236
- Registered office
- Mechelsesteenweg 260, 2500 Lier
- Names & denominations
- G & S BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 October 1992
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- gsfurniture.be
- Activities · NACE
Groothandel in huismeubilair