Financials
Financial year 2025
GEDESCO from Izegem, company number BE0455511307, closed financial year 2025 with a result of € 964 after tax. For that financial year GEDESCO recorded a gross margin of € 32,939 and equity of € 607,711. Compared with financial year 2024, the result moved from € 20,020 to € 964. 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 February 12, 2026.
€ 607,711
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 964
▼ 95% vs 2024
Profit after tax over the fiscal year.
€ 144,947
▲ 84% 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 € 213,764.
People and assets in 2025
€ 241
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 176,224
▼ 8% vs 2024
€ 15,327 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 17,820
▼ 25% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 67,002
▲ 31% 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 | € 43,696 | € 48,739 | € 77,278 | € 32,939 | ▼ 57% |
| Profit after taxes | € 3,327 | € 11,853 | € 20,020 | € 964 | ▼ 95% |
| Equity | € 574,874 | € 586,728 | € 606,747 | € 607,711 | |
| Total debts | € 221,085 | € 256,547 | € 287,416 | € 283,422 | ▼ 1% |
| Cash | € 84,470 | € 59,755 | € 78,913 | € 144,947 | ▲ 84% |
| Land & buildings | € 460,013 | € 438,465 | € 417,181 | € 395,896 | ▼ 5% |
| Retained profit | € 180,928 | € 192,781 | € 212,801 | € 213,764 | |
| Bank debt | € 220,825 | € 206,185 | € 191,319 | € 176,224 | ▼ 8% |
| Balance sheet total | € 795,959 | € 843,275 | € 894,164 | € 891,133 |
Key figures of GEDESCO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to GEDESCO?
What happened at GEDESCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 964 (▼ 95% vs 2024). filed late Source: NBB ↗
- David Marcel Desmedt became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 3,327 profit in 2022 to € 964 profit in 2025.
Paid € 20,606 in corporate taxes since 2022.
Best year ever: 2024, with € 20,020 profit.
Management
Behind GEDESCO is David Marcel Desmedt.
Directors
According to the 2025 annual accounts
David Marcel Desmedt
Director
since 2016
Establishments
Establishment units
Physical locations of this company
Prins Albertlaan 116
8870 Izegem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0455.511.307
- VAT number
- BE 0455.511.307
- Registered office
- Prins Albertlaan 116, 8870 Izegem
- Names & denominations
- GEDESCO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 July 1995
- Peppol
- Active · Active since 11 Feb 2026
- Activities · NACE
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