Financials
Financial year 2025
G-TEC from Koksijde, company number BE0459292525, closed financial year 2025 with a result of € 172,946 after tax. For that financial year G-TEC recorded a gross margin of € 243,815 and equity of € 13.8 million. Compared with financial year 2024, the result moved from € 1.8 million to € 172,946. 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 30, 2026.
€ 13.8 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 172,946
▼ 91% vs 2024
Profit after tax over the fiscal year.
€ 168,756
▼ 47% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 100,000 paid out
58 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 252,077
▲ 6% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 46,801
▲ € 41,594 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 26,028
▼ 87% 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 | € 173,413 | € 214,310 | € 1,190,033 | € 243,815 | ▼ 80% |
| Profit after taxes | € 1,925,640 | € 196,626 | € 1,828,323 | € 172,946 | ▼ 91% |
| Equity | € 12,112,957 | € 11,959,582 | € 13,687,905 | € 13,760,850 | ▲ 1% |
| Total debts | € 342,595 | € 813,267 | € 309,099 | € 271,270 | ▼ 12% |
| Cash | € 2,358,785 | € 95,029 | € 321,363 | € 168,756 | ▼ 47% |
| Land & buildings | € 2,458,722 | € 3,702,893 | € 2,904,886 | € 2,806,464 | ▼ 3% |
| Retained profit | € 12,094,357 | € 11,940,982 | € 13,669,305 | € 13,742,250 | ▲ 1% |
| Dividend | € 0 | € 350,000 | € 100,000 | € 100,000 | |
| Bank debt | € 110,000 | € 560,025 | € 0 | € 0 | |
| Balance sheet total | € 12,455,552 | € 12,772,849 | € 13,997,004 | € 14,032,120 |
Key figures of G-TEC, 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 G-TEC?
What happened at G-TEC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 172,946 (▼ 91% vs 2024). Source: NBB ↗
- New establishment in Veurne. KBO
- Ann Desiere became a director. NBB
- New establishment in Koksijde. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.9 million profit in 2022 to € 172,946 profit in 2025.
Paid € 471,654 in corporate taxes since 2022.
Best year ever: 2022, with € 1.9 million profit.
Paid out € 550,000 in dividends to the owners in total.
Management
Behind G-TEC are Ann Desiere and Johan Gitsels. It owns 40% of Proostdijk and 10% of Industrial Constructions & Solutions itself.
Directors
According to the 2025 annual accounts
since 2020
Johan Gitsels
Director
Also active at: INDUSTRIAL CONSTRUCTIONS & SOLUTIONS, PROJECT PATHOEKEWEG BRUGGE, EAGLE FUND II, G-TOR, G-KO
Establishments
Establishment units
Physical locations of this company
Ter Duinenwijk(Odk) 8
8670 Koksijde
Duvenkot 4
8630 Veurne
Active since 18 December 2024
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0459.292.525
- VAT number
- BE 0459.292.525
- Registered office
- Ter Duinenwijk(Odk) 8, 8670 Koksijde
- Names & denominations
- G-TEC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 November 1996
- Peppol
- Active · Active since 4 Dec 2025
- Activities · NACE
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Carrosserieherstelling (inclusief spuiten en verven)
Overige activiteiten van vrije beroepen en andere wetenschappelijke en technische activiteiten, neg
Onderhoud en reparatie van motorvoertuigen, neg
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Activiteiten van ingenieurs en aanverwante technische adviseurs, exclusief landmeters-experts
Reparatie en montage van specifieke auto-onderdelen
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