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 8 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GEARING INDUSTRY from Mouscron, company number BE0460825323, closed financial year 2025 with a result of € -1.3 million after tax. For that financial year GEARING INDUSTRY recorded revenue of € 480,000 and equity of € 981,622. Compared with financial year 2024, the result moved from € 110,095 to € -1.3 million. The company made a loss. The buffer shrank hard: equity is 56 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 23, 2026.
€ 981,622
▼ 56% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.3 million
▼ still € 110,095 profit in 2024
Profit after tax over the fiscal year.
€ 60,344
▲ 79% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 909,252.
Debts at end 2025
€ 3.6 million
▲ 46% vs 2024
€ 254,919 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 162,593
▼ 41% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 224 days on average.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | € 462,000 | € 480,000 | ▲ 4% |
| Gross margin | € 195,928 | € 206,915 | - | - | |
| Profit after taxes | € 148,545 | € 152,666 | € 110,095 | € -1,269,266 | ▼ € 1.4 million |
| Equity | € 2,074,410 | € 2,140,792 | € 2,250,887 | € 981,622 | ▼ 56% |
| Total debts | € 1,558,280 | € 1,611,474 | € 3,169,724 | € 4,062,557 | ▲ 28% |
| Cash | € 80,037 | € 117,156 | € 33,644 | € 60,344 | ▲ 79% |
| Land & buildings | € 190,000 | € 190,000 | € 190,000 | € 2,851,705 | ▲ € 2.7 million |
| Retained profit | € 2,002,040 | € 2,068,422 | € 2,178,517 | € 909,252 | ▼ 58% |
| Dividend | € 210,400 | € 86,284 | € 0 | € 0 | |
| Bank debt | € 1,112,434 | € 1,161,270 | € 2,457,655 | € 3,588,235 | ▲ 46% |
| Balance sheet total | € 3,632,690 | € 3,752,266 | € 5,420,611 | € 5,044,178 | ▼ 7% |
Key figures of GEARING INDUSTRY, 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 GEARING INDUSTRY?
What happened at GEARING INDUSTRY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 1.3 million (▼ € 1.4 million vs 2024). Source: NBB ↗
- New establishment in Mouscron. KBO
- Start of the company according to the CBE. KBO
In short
From € 148,545 profit in 2022 to € 1.3 million loss in 2025.
Paid € 130,581 in corporate taxes since 2022.
Best year ever: 2023, with € 152,666 profit.
Paid out € 296,684 in dividends to the owners in total.
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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 GEARING INDUSTRY are Patrice Dedecker, Nadine Saelens, RXN INVEST BV and FXB Invest SRL. It owns 100% of Grimonprez Production Gears SAS, 100% of Sub-Alliance Supply Chain Private Limited and 100% of Grimonprez Transmission Gears itself.
Directors
According to the 2025 annual accounts
Patrice Dedecker
Director
Also active at: GRIMONPREZ TRANSMISSION GEARS, Dedecker Precision Mechanics, BXB COMPANY
Nadine Saelens
Director
Managing director · represented by Xavier Dedecker
Also active at: GRIMONPREZ TRANSMISSION GEARS, BXB COMPANY, SUB-Alliance, SOCIETE IMMOBILIERE DES BRASSEURS, Greenpine
Managing director · represented by Bruno Dedecker
Also active at: GRIMONPREZ TRANSMISSION GEARS, BXB COMPANY, SUB-Alliance, CELI-MO
Establishments
Establishment units
Physical locations of this company
Theodor Klüberstraat(D) 7
7711 Mouscron
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.
Details
- Company number
- 0460.825.323
- VAT number
- BE 0460.825.323
- Registered office
- Theodor Klüberstraat(D) 7, 7711 Mouscron
- Names & denominations
- GEARING INDUSTRY
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 10 June 1997
- Peppol
- Active · Active since 4 Dec 2025
- Activities · NACE
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Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis