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 4.7 to 3.8.
Financials
Financial year 2025
GAFOB from Jemeppe-sur-Sambre, company number BE0465491320, closed financial year 2025 with a result of € 73,669 after tax. For that financial year GAFOB recorded a gross margin of € 353,031 and equity of € 151,156. Compared with financial year 2024, the result moved from € 32,376 to € 73,669. 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 June 9, 2026.
€ 151,156
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 73,669
▲ 128% vs 2024
Profit after tax over the fiscal year.
€ 198,021
▲ 2% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 71,000 paid out
96 % of the profit went to the shareholders, mostly to GAYE INVEST (100 % of the shares). That is where the money ends up.
People and assets in 2025
3.8
▼ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 229,208
▼ 4% vs 2024
€ 60,300 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.
€ 91,888
▲ 92% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 100,964
▲ 93% vs 2024
€ 28,836 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 10,500
▲ 5% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,500
▼ 42% 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 | € 311,521 | € 378,679 | € 309,997 | € 353,031 | ▲ 14% |
| Profit after taxes | € 62,832 | € 73,702 | € 32,376 | € 73,669 | ▲ 128% |
| Equity | € 202,409 | € 186,111 | € 148,487 | € 151,156 | ▲ 2% |
| Total debts | € 387,622 | € 291,660 | € 210,702 | € 258,323 | ▲ 23% |
| Cash | € 226,711 | € 177,199 | € 194,907 | € 198,021 | ▲ 2% |
| Land & buildings | € 8,949 | € 8,949 | € 8,949 | € 8,949 | |
| Retained profit | € 183,817 | € 167,519 | € 129,895 | € 132,564 | ▲ 2% |
| Dividend | € 50,000 | € 90,000 | € 70,000 | € 71,000 | ▲ 1% |
| Bank debt | € 86,441 | € 82,058 | € 52,288 | € 100,964 | ▲ 93% |
| Balance sheet total | € 590,031 | € 477,771 | € 359,190 | € 409,479 | ▲ 14% |
| Employees (FTE) | 4.9 | 4.7 | 4 | 3.8 | ▼ 0.2 |
Key figures of GAFOB, 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 GAFOB?
What happened at GAFOB in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 73,669 (▲ 128% vs 2024). Source: NBB ↗
- New establishment in Jemeppe-sur-Sambre. KBO
- Start of the company according to the CBE. KBO
In short
From € 62,832 profit in 2022 to € 73,669 profit in 2025.
Paid € 94,788 in corporate taxes since 2022.
Best year ever: 2023, with € 73,702 profit.
On average € 92,900 of value added per employee in 2025.
Management
The stake of GAYE INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
GAFOBBehind GAFOB are Valentin Gaye and Romain Gaye. The shares are held by GAYE INVEST (100%).
Directors
According to the 2025 annual accounts
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue Albert-Ier,Ham 60
5190 Jemeppe-sur-Sambre
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0465.491.320
- VAT number
- BE 0465.491.320
- Registered office
- Rue Albert-Ier,Ham 60, 5190 Jemeppe-sur-Sambre
- Names & denominations
- GAFOB
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 February 1999
- Peppol
- Active · Active since 19 Nov 2025
- Activities · NACE
Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit
Installatie van verwarming, klimaatregeling en ventilatie
Overige bouwinstallatie
Overig loodgieterswerk
Sanitaire werkzaamheden
Overige bouwinstallatie, n.e.g.