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 4 % 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
GEWA from Gent, company number BE0449181759, closed financial year 2025 with a result of € -2,681 after tax. For that financial year GEWA recorded a gross margin of € 37,391 and equity of € 263,217. Compared with financial year 2024, the result moved from € 1,744 to € -2,681. 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 May 7, 2026.
€ 263,217
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2,681
▼ still € 1,744 profit in 2024
Profit after tax over the fiscal year.
€ 8,124
▼ 10% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 201,217.
Debts at end 2025
€ 176,787
▼ 8% vs 2024
€ 15,929 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 36,793 | € 39,141 | € 42,983 | € 37,391 | ▼ 13% |
| Profit after taxes | € -8,639 | € 1,646 | € 1,744 | € -2,681 | ▼ € 4,425 |
| Equity | € 262,507 | € 264,154 | € 265,898 | € 263,217 | ▼ 1% |
| Total debts | € 465,151 | € 432,655 | € 405,758 | € 381,501 | ▼ 6% |
| Cash | € 7,434 | € 6,709 | € 9,004 | € 8,124 | ▼ 10% |
| Land & buildings | € 801,890 | € 770,152 | € 738,450 | € 706,748 | ▼ 4% |
| Retained profit | € 200,507 | € 202,154 | € 203,898 | € 201,217 | ▼ 1% |
| Bank debt | € 223,149 | € 207,925 | € 192,478 | € 176,787 | ▼ 8% |
| Balance sheet total | € 811,823 | € 776,861 | € 747,454 | € 716,405 | ▼ 4% |
Key figures of GEWA, 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 GEWA?
What happened at GEWA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- GERTRUDE OOSTERLINCK stepped down as director. NBB
- BART COOLSAET stepped down as director. NBB
- WALTER COOLSAET stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 2,681 (▼ € 4,425 vs 2024). Source: NBB ↗
- GERTRUDE OOSTERLINCK became a director. NBB
- BART COOLSAET became a director. NBB
- WALTER COOLSAET became a director. NBB
- New establishment in Gent. KBO
In short
From € 8,639 loss in 2022 to € 2,681 loss in 2025.
Paid € 7,700 in corporate taxes since 2022.
Best year ever: 2024, with € 1,744 profit.
Management
Directors
According to the 2025 annual accounts
GERTRUDE OOSTERLINCK
Director
since 2022 · until 2028
BART COOLSAET
Director
since 2022 · until 2028
WALTER COOLSAET
Managing director
since 2022 · until 2028
Establishments
Establishment units
Physical locations of this company
Sint-Laurentiuslaan 5A box 302
9041 Gent
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.
Details
- Company number
- 0449.181.759
- VAT number
- BE 0449.181.759
- Registered office
- Sint-Laurentiuslaan 5A bus 302, 9041 Gent
- Names & denominations
- GEWA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 11 January 1993
- Peppol
- Not registered