Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 24 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GS-TRADING from Westerlo, company number BE0466462805, closed financial year 2025 with a result of € 5,545 after tax. For that financial year GS-TRADING recorded a gross margin of € 248,579 and equity of € 374,543. Compared with financial year 2024, the result moved from € 31,094 to € 5,545. 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 January 7, 2026.
€ 374,543
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 5,545
▼ 82% vs 2024
Profit after tax over the fiscal year.
€ 37,616
▼ 38% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 355,543.
People and assets in 2025
3
Average over the fiscal year, from the social balance sheet.
€ 114,870
▼ 29% vs 2024
€ 38,300 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.
€ 8,719
▼ 37% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 791,328
▼ 2% vs 2024
€ 54,623 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 107,642
▼ 36% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 87,566
▼ 45% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 353,413 | € 300,207 | € 333,620 | € 248,579 | ▼ 25% |
| Profit after taxes | € 94,249 | € 26,626 | € 31,094 | € 5,545 | ▼ 82% |
| Equity | € 311,278 | € 337,904 | € 368,998 | € 374,543 | ▲ 2% |
| Total debts | € 1,275,046 | € 1,513,033 | € 1,464,228 | € 1,280,589 | ▼ 13% |
| Cash | € 34,052 | € 37,410 | € 60,488 | € 37,616 | ▼ 38% |
| Land & buildings | € 550,612 | € 585,180 | € 597,066 | € 561,707 | ▼ 6% |
| Retained profit | € 292,278 | € 318,904 | € 349,998 | € 355,543 | ▲ 2% |
| Bank debt | € 1,036,489 | € 776,360 | € 811,228 | € 791,328 | ▼ 2% |
| Balance sheet total | € 1,586,324 | € 1,850,937 | € 1,833,226 | € 1,655,132 | ▼ 10% |
| Employees (FTE) | 3.4 | 2.8 | 3 | 3 |
Key figures of GS-TRADING, 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 January 2027.
What happened to GS-TRADING?
What happened at GS-TRADING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 5,545 (▼ 82% vs 2024). Source: NBB ↗
- New establishment in Westerlo. KBO
- Start of the company according to the CBE. KBO
In short
From € 94,249 profit in 2022 to € 5,545 profit in 2025.
Paid € 60,364 in corporate taxes since 2022.
Best year ever: 2022, with € 94,249 profit.
On average € 82,900 of value added per employee in 2025.
Management
Behind GS-TRADING is Gerry Seyen.
Directors
According to the 2025 annual accounts
Gerry Seyen
Director
Establishments
Establishment units
Physical locations of this company
Olenseweg 222
2260 Westerlo
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
- 0466.462.805
- VAT number
- BE 0466.462.805
- Registered office
- Olenseweg 222, 2260 Westerlo
- Names & denominations
- GS-TRADING
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 July 1999
- Peppol
- Active · Active since 1 Nov 2025
- Activities · NACE
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