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 2.8 to 2.1.
Financials
Financial year 2024
GEORGES et FILS from Malmedy, company number BE0465702344, closed financial year 2024 with a result of € 3,347 after tax. For that financial year GEORGES et FILS recorded a gross margin of € 190,422 and equity of € 335,354. Compared with financial year 2023, the result moved from € 16,683 to € 3,347. The company is profitable. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 25, 2025.
€ 335,354
▼ 4% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3,347
▼ 80% vs 2023
Profit after tax over the fiscal year.
€ 92,859
▼ 13% vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 15,644 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2024
2.1
▼ 0.4 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 120,080
▼ 3% vs 2023
€ 57,200 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.
€ 37,948
▼ 35% vs 2023
Of which on lease € 817.
Debts at end 2024
€ 458,078
▲ € 401,843 vs 2023
€ 45,714 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 70,844
▲ 2% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 25,213
▲ 13% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 210,314 | € 221,535 | € 206,712 | € 190,422 | ▼ 8% |
| Profit after taxes | € 42,596 | € 24,842 | € 16,683 | € 3,347 | ▼ 80% |
| Equity | € 306,126 | € 330,968 | € 347,651 | € 335,354 | ▼ 4% |
| Total debts | € 372,452 | € 280,486 | € 367,000 | € 779,453 | ▲ 112% |
| Cash | € 85,035 | € 94,721 | € 106,733 | € 92,859 | ▼ 13% |
| Land & buildings | - | - | - | € 458,487 | |
| Retained profit | € 287,126 | € 311,968 | € 328,651 | € 316,354 | ▼ 4% |
| Dividend | € 0 | € 0 | € 0 | € 15,644 | |
| Bank debt | € 44,711 | € 25,217 | € 56,236 | € 458,078 | ▲ € 401,843 |
| Balance sheet total | € 678,578 | € 611,454 | € 714,651 | € 1,114,807 | ▲ 56% |
| Employees (FTE) | 2.1 | 2.8 | 2.5 | 2.1 | ▼ 0.4 |
Key figures of GEORGES et FILS, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to GEORGES et FILS?
What happened at GEORGES et FILS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 3,347 (▼ 80% vs 2023). filed late Source: NBB ↗
- Laurent GEORGES became a director. NBB
- New establishment in Vielsalm. KBO
- New establishment in Waimes. KBO
- New establishment in Malmedy. KBO
- Start of the company according to the CBE. KBO
In short
From € 42,596 profit in 2021 to € 3,347 profit in 2024.
Paid € 41,330 in corporate taxes since 2021.
Best year ever: 2021, with € 42,596 profit.
On average € 90,700 of value added per employee in 2024.
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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 GEORGES et FILS is Laurent GEORGES. The shares are held by Léopold GEORGES (100%). It owns 4.8% of Funeralys Association itself.
Directors
According to the 2024 annual accounts
Laurent GEORGES
Manager
since 2016
Shareholders
Léopold GEORGES
100%
Participations
Establishments
Establishment units
Physical locations of this company
Rue des Arsilliers 1 box b
4960 Malmedy
Rue de Wemmel,Faymonville 13
4950 Waimes
Active since 28 July 1999
Rue des Arsilliers 1B
4960 Malmedy
Active since 28 July 1999
Rue Général-Jacques 18
6690 Vielsalm
Active since 1 July 2011
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0465.702.344
- VAT number
- BE 0465.702.344
- Registered office
- Rue des Arsilliers 1 bus b, 4960 Malmedy
- Names & denominations
- GEORGES et FILS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 April 1999
- Peppol
- Active · Active since 13 Oct 2025
- Activities · NACE
Uitvaartverzorging
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