Financials
Financial year 2025
GELIS from Wielsbeke, company number BE0450880546, closed financial year 2025 with a result of € 703,791 after tax. For that financial year GELIS recorded a gross margin of € 1.3 million and equity of € 3.4 million. Compared with financial year 2024, the result moved from € 793,837 to € 703,791. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 23, 2026.
€ 3.4 million
▲ 21% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 703,791
▼ 11% vs 2024
Profit after tax over the fiscal year.
€ 1.6 million
▲ 42% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 111,876 paid out
16 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
2.7
▲ 0.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 213,878
▲ 34% vs 2024
€ 79,200 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 104,006
▼ 40% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 352,723
▼ 31% vs 2024
€ 67,149 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 158,298
▼ 11% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 21,650
▼ 71% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 939,445 | € 1,114,189 | € 1,405,188 | € 1,265,816 | ▼ 10% |
| Profit after taxes | € 603,888 | € 702,017 | € 793,837 | € 703,791 | ▼ 11% |
| Equity | € 1,374,448 | € 2,053,502 | € 2,786,581 | € 3,378,497 | ▲ 21% |
| Total debts | € 852,494 | € 1,175,977 | € 1,342,940 | € 590,625 | ▼ 56% |
| Cash | € 569,473 | € 504,117 | € 1,112,975 | € 1,580,808 | ▲ 42% |
| Land & buildings | € 552,453 | € 583,924 | € 551,896 | € 523,974 | ▼ 5% |
| Retained profit | € 1,355,548 | € 2,034,602 | € 2,767,681 | € 3,359,597 | ▲ 21% |
| Dividend | € 0 | € 22,962 | € 60,757 | € 111,876 | ▲ 84% |
| Bank debt | € 527,583 | € 476,154 | € 509,117 | € 352,723 | ▼ 31% |
| Balance sheet total | € 2,226,941 | € 3,229,480 | € 4,129,522 | € 3,969,122 | ▼ 4% |
| Employees (FTE) | 1.7 | 2 | 2 | 2.7 | ▲ 0.7 |
Key figures of GELIS, 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 GELIS?
What happened at GELIS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 703,791 (▼ 11% vs 2024). Source: NBB ↗
- New establishment in Wielsbeke. KBO
- Start of the company according to the CBE. KBO
In short
From € 603,888 profit in 2022 to € 703,791 profit in 2025.
Paid € 1.3 million in corporate taxes since 2022.
Best year ever: 2024, with € 793,837 profit.
On average € 468,800 of value added per employee in 2025.
Management
Behind GELIS are Sophie Cornelis and Peter Desmet.
Directors
According to the 2025 annual accounts
Sophie Cornelis
Director
Peter Desmet
Director
Establishments
Establishment units
Physical locations of this company
Sasstraat 32
8710 Wielsbeke
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Microsoft 365
Hosting
LEVEL27-AS * Please direct all complaints to [email protected] *, BE
Domain
Domain
gelis.eu
Registrar
EUSIP bvba
Website info
Features
Security
Network
Details
- Company number
- 0450.880.546
- VAT number
- BE 0450.880.546
- Registered office
- Sasstraat 32, 8710 Wielsbeke
- Names & denominations
- GELIS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 September 1993
- Peppol
- Active · Active since 27 Mar 2026
- Contact
- gelis.eu
- Activities · NACE
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