What does GEERT LIPPENS MANAGEMENT do?

GEERT LIPPENS MANAGEMENT is registered with the CBE as active in: Ontwikkeling van residentiële bouwprojecten. Public Limited, started on 28 May 1997, 1 establishment.

What is the address of GEERT LIPPENS MANAGEMENT?

The registered office of GEERT LIPPENS MANAGEMENT is located at Meirestraat(KRU) 13 box B, 9770 Kruisem.

Is GEERT LIPPENS MANAGEMENT still active?

Yes. According to the CBE (30 October 2026) GEERT LIPPENS MANAGEMENT is active, legal situation “Normale toestand”, started on 28 May 1997.

Is GEERT LIPPENS MANAGEMENT registered on Peppol?

Yes, GEERT LIPPENS MANAGEMENT is registered on the Peppol network with ID 0208:0460745743.

What is the enterprise number of GEERT LIPPENS MANAGEMENT?

The enterprise number of GEERT LIPPENS MANAGEMENT is BE0460745743.

When was GEERT LIPPENS MANAGEMENT founded?

GEERT LIPPENS MANAGEMENT was founded on 28 May 1997.

Who are the directors of GEERT LIPPENS MANAGEMENT?

According to the 2025 annual accounts, the directors of GEERT LIPPENS MANAGEMENT are: GLVDK NV.

Is GEERT LIPPENS MANAGEMENT a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 28 May 1997; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did GEERT LIPPENS MANAGEMENT make in 2025?

GEERT LIPPENS MANAGEMENT posted a profit after taxes of € 110,808 in financial year 2025.

What is the revenue of GEERT LIPPENS MANAGEMENT?

As a small company, GEERT LIPPENS MANAGEMENT is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 400,775.

GEERT LIPPENS MANAGEMENT (Public Limited) - Kruisem

Dossier GEERT LIPPENS MANAGEMENT, printed on 30 October 2026 from databakkes.be/en/0460745743/geert-lippens-management. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 17 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

GEERT LIPPENS MANAGEMENT from Kruisem, company number BE0460745743, closed financial year 2025 with a result of € 110,808 after tax. For that financial year GEERT LIPPENS MANAGEMENT recorded a gross margin of € 400,775 and equity of € 1.2 million. Compared with financial year 2024, the result moved from € 87,249 to € 110,808. Profitable, and profit is growing. 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 July 9, 2026.

What it is worth Growing

€ 1.2 million

▲ 8% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 110,808

▲ 27% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 30,671

▲ 189% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 25,000 paid out

23 % of the profit went to the shareholders, mostly to GLVDK (100 % of the shares). That is where the money ends up.

People and assets in 2025

Vehicles and equipment

€ 651,641

▲ 9% vs 2024

Of which on lease € 174,334.

Debts at end 2025

Bank debt ≈ 5 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 1.1 million

▲ 5% vs 2024

€ 206,349 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.

Owed to suppliers

€ 14,921

▼ 40% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 14,305

▼ 62% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2023	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 258,619 Gross margin 2023: € 258,619 First fiscal year in the series	€ 294,578 Gross margin 2023: € 294,578 ▲ 14% vs 2023 (€ 258,619) Favourable step	€ 402,525 Gross margin 2024: € 402,525 ▲ 37% vs 2023 (€ 294,578) Favourable step	€ 400,775 Gross margin 2025: € 400,775 Unchanged (€ 402,525) Unfavourable step
Profit after taxes	€ 20,672 Profit after taxes 2023: € 20,672 First fiscal year in the series	€ 81,499 Profit after taxes 2023: € 81,499 ▲ 294% vs 2023 (€ 20,672) Favourable step	€ 87,249 Profit after taxes 2024: € 87,249 ▲ 7% vs 2023 (€ 81,499) Favourable step	€ 110,808 Profit after taxes 2025: € 110,808 ▲ 27% vs 2024 (€ 87,249) Favourable step	▲ 27%
Equity	€ 1,014,748 Equity 2023: € 1,014,748 First fiscal year in the series	€ 1,046,246 Equity 2023: € 1,046,246 ▲ 3% vs 2023 (€ 1,014,748) Favourable step	€ 1,083,496 Equity 2024: € 1,083,496 ▲ 4% vs 2023 (€ 1,046,246) Favourable step	€ 1,169,304 Equity 2025: € 1,169,304 ▲ 8% vs 2024 (€ 1,083,496) Favourable step	▲ 8%
Total debts	€ 902,934 Total debts 2023: € 902,934 First fiscal year in the series	€ 1,208,501 Total debts 2023: € 1,208,501 ▲ 34% vs 2023 (€ 902,934) Unfavourable step	€ 1,134,344 Total debts 2024: € 1,134,344 ▼ 6% vs 2023 (€ 1,208,501) Favourable step	€ 1,138,944 Total debts 2025: € 1,138,944 Unchanged (€ 1,134,344) Unfavourable step
Cash	€ 50,060 Cash 2023: € 50,060 First fiscal year in the series	€ 134,354 Cash 2023: € 134,354 ▲ 168% vs 2023 (€ 50,060) Favourable step	€ 10,623 Cash 2024: € 10,623 ▼ 92% vs 2023 (€ 134,354) Unfavourable step	€ 30,671 Cash 2025: € 30,671 ▲ 189% vs 2024 (€ 10,623) Favourable step	▲ 189%
Land & buildings	€ 1,016,440 Land & buildings 2023: € 1,016,440 First fiscal year in the series	€ 1,022,103 Land & buildings 2023: € 1,022,103 ▲ 1% vs 2023 (€ 1,016,440) Unchanged	€ 1,579,655 Land & buildings 2024: € 1,579,655 ▲ 55% vs 2023 (€ 1,022,103) Unchanged	€ 1,587,207 Land & buildings 2025: € 1,587,207 Unchanged (€ 1,579,655) Unchanged
Retained profit	€ 564,748 Retained profit 2023: € 564,748 First fiscal year in the series	€ 596,246 Retained profit 2023: € 596,246 ▲ 6% vs 2023 (€ 564,748) Favourable step	€ 633,496 Retained profit 2024: € 633,496 ▲ 6% vs 2023 (€ 596,246) Favourable step	€ 719,304 Retained profit 2025: € 719,304 ▲ 14% vs 2024 (€ 633,496) Favourable step	▲ 14%
Dividend	€ 250,000 Dividend 2023: € 250,000 First fiscal year in the series	€ 50,000 Dividend 2023: € 50,000 ▼ 80% vs 2023 (€ 250,000) Unchanged	€ 50,000 Dividend 2024: € 50,000 Unchanged (€ 50,000) Unchanged	€ 25,000 Dividend 2025: € 25,000 ▼ 50% vs 2024 (€ 50,000) Unchanged	▼ 50%
Bank debt	€ 610,376 Bank debt 2023: € 610,376 First fiscal year in the series	€ 988,392 Bank debt 2023: € 988,392 ▲ 62% vs 2023 (€ 610,376) Unfavourable step	€ 1,023,541 Bank debt 2024: € 1,023,541 ▲ 4% vs 2023 (€ 988,392) Unfavourable step	€ 1,076,360 Bank debt 2025: € 1,076,360 ▲ 5% vs 2024 (€ 1,023,541) Unfavourable step	▲ 5%
Balance sheet total	€ 1,917,682 Balance sheet total 2023: € 1,917,682 First fiscal year in the series	€ 2,254,748 Balance sheet total 2023: € 2,254,748 ▲ 18% vs 2023 (€ 1,917,682) Unchanged	€ 2,217,840 Balance sheet total 2024: € 2,217,840 ▼ 2% vs 2023 (€ 2,254,748) Unchanged	€ 2,308,248 Balance sheet total 2025: € 2,308,248 ▲ 4% vs 2024 (€ 2,217,840) Unchanged	▲ 4%
Employees (FTE)	0.2 Employees (FTE) 2023: 0.2 First fiscal year in the series	-	-	-

Key figures of GEERT LIPPENS MANAGEMENT, fiscal years 2023 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 GEERT LIPPENS MANAGEMENT?

What happened at GEERT LIPPENS MANAGEMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jul 9, 2026 New annual accounts for financial year 2025: profit of € 110,808 (▲ 27% vs 2024). Source: NBB ↗
Dec 11, 1997 New establishment in Kruisem. KBO
May 28, 1997 Start of the company according to the CBE. KBO

In short

From € 20,672 profit in 2023 to € 110,808 profit in 2025.

Paid € 41,774 in corporate taxes since 2023.

Best year ever: 2025, with € 110,808 profit.

Paid out € 375,000 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

GLVDK 100%

The stake of GLVDK comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

GEERT LIPPENS MANAGEMENT

Behind GEERT LIPPENS MANAGEMENT is GLVDK NV. The shares are held by GLVDK (100%).

Directors

According to the 2025 annual accounts

GLVDK NV

Director · represented by Geert Lippens

Also active at: GLK Grondwerken

Shareholders

GLVDK

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Meirestraat(KRU) 13 box B

9770 Kruisem

2.082.381.746

Meirestraat(KRU) 13B

9770 Kruisem

Active since 11 December 1997

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 →

GLK Grondwerken same network

€ 3.2 million gross margin · 2025

BEDRIJVENVERENIGING ZULTE-KRUISHOUTEM

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0460.745.743

VAT number

BE 0460.745.743

Registered office

Meirestraat(KRU) 13 bus B, 9770 Kruisem

Names & denominations

GEERT LIPPENS MANAGEMENT

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

28 May 1997

Peppol

Active · Active since 22 Sept 2025

Activities · NACE

Ontwikkeling van residentiële bouwprojecten

Ontwikkeling van niet-residentiële bouwprojecten

Algemene bouw van residentiële gebouwen

Verhuur en lease van andere machines en werktuigen en andere materiële goederen

Groothandel in andere machines en werktuigen, neg

Handel in eigen onroerend goed

Groothandel in andere machines en werktuigen, n.e.g.

View on CBE Public ↗ Annual accounts (NBB) ↗

GEERT LIPPENS MANAGEMENT

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Financials

What happened to GEERT LIPPENS MANAGEMENT?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions