Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 2 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 14 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GEPASSO from Hasselt, company number BE0458588977, closed financial year 2025 with a result of € -28,454 after tax. For that financial year GEPASSO recorded a gross margin of € 116,970 and equity of € -39,004. Compared with financial year 2024, the result moved from € -60,807 to € -28,454. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 14, 2026.
€ -39,004
▼ € 28,454 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -28,454
▲ 53 % less loss than in 2024
Profit after tax over the fiscal year.
€ 9,930
▲ 134% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -45,210.
People and assets in 2025
€ 58,800
▲ 19% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 9,416
▼ 34% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 448,033
▼ 6% vs 2024
€ 27,439 is repaid this year. At this pace the long-term loan is gone in ≈ 16 years.
€ 1,327
▲ 63% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 14,124
▲ 88% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 76,937 | € 55,181 | € 75,369 | € 116,970 | ▲ 55% |
| Profit after taxes | € 15,108 | € -29,484 | € -60,807 | € -28,454 | ▲ € 32,352 |
| Equity | € 79,740 | € 50,256 | € -10,550 | € -39,004 | ▼ € 28,454 |
| Total debts | € 22,633 | € 554,539 | € 523,558 | € 490,059 | ▼ 6% |
| Cash | € 32,005 | € 40,182 | € 4,239 | € 9,930 | ▲ 134% |
| Land & buildings | € 58,235 | € 538,956 | € 488,479 | € 428,277 | ▼ 12% |
| Retained profit | € 73,535 | € 44,051 | € -16,755 | € -45,210 | ▼ € 28,454 |
| Bank debt | € 0 | € 500,000 | € 474,490 | € 448,033 | ▼ 6% |
| Balance sheet total | € 102,373 | € 604,796 | € 513,008 | € 451,055 | ▼ 12% |
Key figures of GEPASSO, 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 GEPASSO?
What happened at GEPASSO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 28,454. filed late Source: NBB ↗
- New establishment in Hasselt. KBO
- Start of the company according to the CBE. KBO
In short
From € 15,108 profit in 2022 to € 28,454 loss in 2025.
Paid € 6,120 in corporate taxes since 2022.
Best year ever: 2022, with € 15,108 profit.
A new publication or filing at GEPASSO? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind GEPASSO are Patrick Van Elst, Wouter Ghijsebrechts and Gert Ghijsebrechts. Wouter Ghijsebrechts is also behind Dr. Wouter Ghijsebrechts. Gert Ghijsebrechts is also behind Pallion-Palliatieve Zorg Limburg and Dr. Gert Ghijsebrechts.
Directors
According to the 2025 annual accounts
Patrick Van Elst
Director
Gert Ghijsebrechts
Director
Also active at: Pallion-Palliatieve Zorg Limburg, Dr. Gert Ghijsebrechts
Establishments
Establishment units
Physical locations of this company
Maastrichtersteenweg 119 box 1
3500 Hasselt
Maastrichtersteenweg 119
3500 Hasselt
Active since 24 September 1996
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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.
Website
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Website info
Features
Security
Details
- Company number
- 0458.588.977
- VAT number
- BE 0458.588.977
- Registered office
- Maastrichtersteenweg 119 bus 1, 3500 Hasselt
- Names & denominations
- GEPASSO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 July 1996
- Peppol
- Active · Active since 24 Oct 2025
- Contact
- onzedokter.be
- Activities · NACE
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