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 14.4 to 12.7.
Financials
Financial year 2026
G & G FASHION from Waregem, company number BE0466869809, closed financial year 2026 with a result of € 14,781 after tax. For that financial year G & G FASHION recorded a gross margin of € 679,010 and equity of € 212,496. Compared with financial year 2025, the result moved from € 4,738 to € 14,781. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on May 20, 2026.
€ 212,496
▲ 7% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 14,781
▲ 212% vs 2025
Profit after tax over the fiscal year.
€ 80,333
▼ 22% vs 2025
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € -99,504.
People and assets in 2026
12.7
▼ 0.7 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 532,764
▼ 2% vs 2025
€ 41,900 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.
€ 6,569
▼ 38% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 467,644
▼ 20% vs 2025
€ 119,508 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 4,169
▼ 72% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 89,679
▲ 1% vs 2025
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 700,908 | € 712,849 | € 682,709 | € 679,010 | ▼ 1% |
| Profit after taxes | € 31,723 | € 22,267 | € 4,738 | € 14,781 | ▲ 212% |
| Equity | € 170,710 | € 192,977 | € 197,715 | € 212,496 | ▲ 7% |
| Total debts | € 910,131 | € 839,868 | € 694,173 | € 561,491 | ▼ 19% |
| Cash | € 65,003 | € 109,935 | € 102,836 | € 80,333 | ▼ 22% |
| Retained profit | € -141,290 | € -119,023 | € -114,285 | € -99,504 | ▲ € 14,781 |
| Bank debt | € 824,614 | € 705,874 | € 586,886 | € 467,644 | ▼ 20% |
| Balance sheet total | € 1,080,841 | € 1,032,846 | € 891,888 | € 773,988 | ▼ 13% |
| Employees (FTE) | 13.9 | 14.4 | 13.4 | 12.7 | ▼ 0.7 |
Key figures of G & G FASHION, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 August 2027.
What happened to G & G FASHION?
What happened at G & G FASHION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- ALL FASHION BV stepped down as director. NBB
- Delfashion BV stepped down as director. NBB
- New annual accounts for financial year 2026: profit of € 14,781 (▲ 212% vs 2025). Source: NBB ↗
- ALL FASHION BV became a director. NBB
- New establishment in Ternat. KBO
- Delfashion BV became a director. NBB
- New establishment in Wetteren. KBO
- Start of the company according to the CBE. KBO
In short
From € 31,723 profit in 2023 to € 14,781 profit in 2026.
Paid € 1,268 in corporate taxes since 2023.
Best year ever: 2023, with € 31,723 profit.
On average € 53,500 of value added per employee in 2026.
Management
The stake of I & S - FASHION comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
G & G FASHIONThe shares are held by I & S - FASHION (100%).
Directors
According to the 2026 annual accounts
Director · represented by Inge Allemeersch
Also active at: D. FASHION, GIKS MODE, GIKS STOCK, GIKS SINT-DENIJS-WESTREM, I & S - FASHION
since 2024 · until 2029
Managing director · represented by Koen Delesie
Also active at: D. FASHION, GIKS MODE, GIKS STOCK, GIKS SINT-DENIJS-WESTREM, I & S - FASHION
since 2018 · until 2027
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Schoendalestraat 54 A
8793 Waregem
Zuiderdijk 21
9230 Wetteren
Active since 13 December 2000
Morettestraat 19
1740 Ternat
Active since 16 November 2018
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →D. FASHION same network
€ 1.1 million gross margin · 2026
GIKS STOCK same network
€ 404,231 gross margin · 2026
DELFASHION same network
€ 101,470 gross margin · 2026
GROEP GIKS MODE
I & S - FASHION same network
€ 265,370 revenue · 2026
+1 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0466.869.809
- VAT number
- BE 0466.869.809
- Registered office
- Schoendalestraat 54 A, 8793 Waregem
- Names & denominations
- G & G FASHION
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 15 September 1999
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
Detailhandel in dames-, heren-, baby- en kinderboven- en onderkleding en kledingaccessoires (algemeen assortiment)
Detailhandel in bovenkleding voor heren, dames en kinderen (algemeen assortiment)