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 24 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GISY from Zonhoven, company number BE0456267313, closed financial year 2025 with a result of € 2,692 after tax. For that financial year GISY recorded a gross margin of € 98,508 and equity of € 145,950. Compared with financial year 2024, the result moved from € 27,687 to € 2,692. 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 April 27, 2026.
€ 145,950
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2,692
▼ 90% vs 2024
Profit after tax over the fiscal year.
€ 35,903
▲ 33% 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 € 52,990.
People and assets in 2025
2.4
▲ 1.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 44,483
▲ 36% vs 2024
€ 18,500 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.
€ 48
▼ 85% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 25,234
▼ 34% vs 2024
€ 9,122 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 10,633
▲ 154% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 10,257
▼ 24% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 100,739 | € 119,644 | € 130,805 | € 98,508 | ▼ 25% |
| Profit after taxes | € 9,522 | € 24,365 | € 27,687 | € 2,692 | ▼ 90% |
| Equity | € 91,206 | € 115,571 | € 143,258 | € 145,950 | ▲ 2% |
| Total debts | € 296,938 | € 260,359 | € 213,030 | € 191,824 | ▼ 10% |
| Cash | € 1,668 | € 16,421 | € 26,937 | € 35,903 | ▲ 33% |
| Land & buildings | € 296,785 | € 268,483 | € 240,182 | € 211,881 | ▼ 12% |
| Retained profit | € -1,754 | € 22,611 | € 50,298 | € 52,990 | ▲ 5% |
| Bank debt | € 122,540 | € 74,272 | € 38,367 | € 25,234 | ▼ 34% |
| Balance sheet total | € 388,144 | € 375,930 | € 356,287 | € 337,774 | ▼ 5% |
| Employees (FTE) | 1 | 1 | 1 | 2.4 | ▲ 1.4 |
Key figures of GISY, 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 April 2027.
What happened to GISY?
What happened at GISY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 2,692 (▼ 90% vs 2024). Source: NBB ↗
- New establishment in Hasselt. KBO
- Yvan Piccart became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 9,522 profit in 2022 to € 2,692 profit in 2025.
Paid € 20,485 in corporate taxes since 2022.
Best year ever: 2024, with € 27,687 profit.
On average € 41,000 of value added per employee in 2025.
Management
Behind GISY is Yvan Piccart.
Directors
According to the 2025 annual accounts
Yvan Piccart
Managing director
since 1995
Establishments
Establishment units
Physical locations of this company
Slangbeekweg 19
3520 Zonhoven
Maastrichterstraat 40
3500 Hasselt
Active since 22 November 1995
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0456.267.313
- VAT number
- BE 0456.267.313
- Registered office
- Slangbeekweg 19, 3520 Zonhoven
- Names & denominations
- GISY
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 24 October 1995
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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