Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 17.7 to 14.5.
Financials
Financial year 2025
GEENS EL.CO. from Bonheiden, company number BE0460909554, closed financial year 2025 with a result of € 13,763 after tax. For that financial year GEENS EL.CO. recorded a gross margin of € 1 million and equity of € 302,344. Compared with financial year 2024, the result moved from € 127,856 to € 13,763. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on April 30, 2026.
€ 302,344
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 13,763
▼ 89% vs 2024
Profit after tax over the fiscal year.
€ 300,769
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 52,344.
People and assets in 2025
14.5
▼ 1.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 912,576
▼ 1% vs 2024
€ 62,900 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.
€ 526
▼ 64% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 782,247
▼ 3% vs 2024
Loans from banks and other lenders, long and short.
€ 385,201
▼ 48% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 67,795
▲ 107% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,190,569 | € 853,762 | € 1,137,919 | € 1,015,378 | ▼ 11% |
| Profit after taxes | € 20,267 | € -249,526 | € 127,856 | € 13,763 | ▼ 89% |
| Equity | € 410,252 | € 160,726 | € 288,582 | € 302,344 | ▲ 5% |
| Total debts | € 1,634,764 | € 1,533,961 | € 1,578,571 | € 1,235,243 | ▼ 22% |
| Cash | € 166,376 | € 126,471 | - | € 300,769 | |
| Retained profit | € 160,252 | € -89,274 | € 38,582 | € 52,344 | ▲ 36% |
| Bank debt | € 769,959 | € 819,446 | € 803,575 | € 782,247 | ▼ 3% |
| Balance sheet total | € 2,045,015 | € 1,694,686 | € 1,867,152 | € 1,537,587 | ▼ 18% |
| Employees (FTE) | 20 | 17.7 | 16.3 | 14.5 | ▼ 1.8 |
Key figures of GEENS EL.CO., 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 GEENS EL.CO.?
What happened at GEENS EL.CO. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Ivan Geens stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 13,763 (▼ 89% vs 2024). Source: NBB ↗
- Ivan Geens became a director. NBB
- New establishment in Duffel. KBO
- New establishment in Sint-Katelijne-Waver. KBO
- Start of the company according to the CBE. KBO
In short
From € 20,267 profit in 2022 to € 13,763 profit in 2025.
Paid € 55,237 in corporate taxes since 2022.
Best year ever: 2024, with € 127,856 profit.
On average € 70,000 of value added per employee in 2025.
Management
Directors
According to the 2025 annual accounts
since 2021 · until 2027
Establishments
Establishment units
Physical locations of this company
Eksterveldlaan 53
2820 Bonheiden
Lemanstraat 58
2860 Sint-Katelijne-Waver
Active since 8 August 1997
Nijverheidsstraat 43
2570 Duffel
Active since 1 October 2014
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0460.909.554
- VAT number
- BE 0460.909.554
- Registered office
- Eksterveldlaan 53, 2820 Bonheiden
- Names & denominations
- GEENS EL.CO.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 June 1997
- Peppol
- Active · Active since 25 Nov 2025
- Contact
- geenselco.be
- Activities · NACE
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