Financials
Financial year 2025
GEVAN from Wevelgem, company number BE0451777203, closed financial year 2025 with a result of € 415,845 after tax. For that financial year GEVAN recorded a gross margin of € 1.2 million and equity of € 957,939. Compared with financial year 2023, the result moved from € 30,581 to € 415,845. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 30, 2026.
€ 957,939
▲ 4% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 415,845
▲ € 385,263 vs 2023
Profit after tax over the fiscal year.
€ 16,202
▼ 74% vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 383,083 paid out
92 % of the profit went to the shareholders, mostly to ELARCON (100 % of the shares). That is where the money ends up.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 10 million
Of which on lease € 10 million.
Debts at end 2025
€ 10.1 million
▲ € 10 million vs 2023
€ 28,571 is repaid this year. At this pace the long-term loan is gone in ≈ 354 years.
€ 350
▼ 60% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 6,447
▲ € 6,317 vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2025 | Change 2023 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 81,569 | € 128,771 | € 132,725 | € 1,167,800 | ▲ € 1 million |
| Profit after taxes | € 22,774 | € 51,925 | € 30,581 | € 415,845 | ▲ € 385,263 |
| Equity | € 842,672 | € 894,597 | € 925,178 | € 957,939 | ▲ 4% |
| Total debts | € 577,201 | € 826,611 | € 972,215 | € 19,018,261 | ▲ € 18 million |
| Cash | € 20,785 | € 18,504 | € 62,653 | € 16,202 | ▼ 74% |
| Land & buildings | € 1,377,410 | € 1,617,698 | € 1,725,610 | € 187,563 | ▼ 89% |
| Retained profit | € 301,615 | € 353,540 | € 384,121 | € 416,882 | ▲ 9% |
| Dividend | € 20,000 | € 0 | € 0 | € 383,083 | |
| Bank debt | € 0 | € 185,714 | € 157,143 | € 10,107,143 | ▲ € 10 million |
| Balance sheet total | € 1,419,874 | € 1,721,208 | € 1,897,393 | € 19,976,200 | ▲ € 18.1 million |
Key figures of GEVAN, fiscal years 2021 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to GEVAN?
What happened at GEVAN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 415,845 (▲ € 385,263 vs 2023). Source: NBB ↗
- Elarcon BV became a director. NBB
- New establishment in Wevelgem. KBO
- Start of the company according to the CBE. KBO
In short
From € 22,774 profit in 2021 to € 415,845 profit in 2025.
Paid € 17,450 in corporate taxes since 2021.
Best year ever: 2025, with € 415,845 profit.
Paid out € 403,083 in dividends to the owners in total.
Management
The stake of ELARCON comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
GEVANBehind GEVAN is Elarcon BV. The shares are held by ELARCON (100%).
Directors
According to the 2025 annual accounts
Director · represented by Ghesquière Christophe
Also active at: HIGHFROST, VANMARCKE - FOULON - GHESQUIERE
since 2020
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Oostlaan 14
8560 Wevelgem
Driemasten 83
8560 Wevelgem
Active since 18 February 1994
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0451.777.203
- VAT number
- BE 0451.777.203
- Registered office
- Oostlaan 14, 8560 Wevelgem
- Names & denominations
- GEVAN
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 December 1993
- Peppol
- Active · Active since 7 Oct 2025
- Activities · NACE
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen