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 64 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GSI from Antwerpen, company number BE0466998778, closed financial year 2025 with a result of € 14,498 after tax. For that financial year GSI recorded a gross margin of € 27,232 and equity of € 17,084. Compared with financial year 2024, the result moved from € 13,875 to € 14,498. 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 August 23, 2026.
€ 17,084
▲ € 14,498 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 14,498
▲ 4% vs 2024
Profit after tax over the fiscal year.
€ 13,163
▲ 214% 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 € -1,516.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 31,863
Supplier invoices still open on the last day of the fiscal year.
€ 12,760
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -25,877 | € 6,336 | € 16,927 | € 27,232 | ▲ 61% |
| Profit after taxes | € -30,874 | € 3,394 | € 13,875 | € 14,498 | ▲ 4% |
| Equity | € -14,683 | € -11,290 | € 2,586 | € 17,084 | ▲ € 14,498 |
| Total debts | € 84,570 | € 65,501 | € 52,431 | € 90,966 | ▲ 73% |
| Cash | € 2,717 | € 1,619 | € 4,186 | € 13,163 | ▲ 214% |
| Land & buildings | € 2,871 | - | - | - | |
| Retained profit | € -33,283 | € -29,890 | € -16,014 | € -1,516 | ▲ € 14,498 |
| Balance sheet total | € 69,886 | € 54,211 | € 55,017 | € 108,050 | ▲ 96% |
Key figures of GSI, 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 GSI?
What happened at GSI in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 14,498 (▲ 4% vs 2024). filed late Source: NBB ↗
- Zara Arshad became a director. NBB
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 30,874 loss in 2022 to € 14,498 profit in 2025.
Paid € 7 in corporate taxes since 2022.
Best year ever: 2025, with € 14,498 profit.
A new publication or filing at GSI? We notify you, reason included.
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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 GSI are Aman Arshad, Zara Arshad and Munir ARSHAD. Aman Arshad is also behind OSYS HOLDING, ROSHNI and DAMAN. Munir ARSHAD is also behind OSYS HOLDING and ROSHNI.
Directors
According to the 2025 annual accounts
Zara Arshad
Director
since 2026
Establishments
Establishment units
Physical locations of this company
Cassiersstraat 52
2060 Antwerpen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0466.998.778
- VAT number
- BE 0466.998.778
- Registered office
- Cassiersstraat 52, 2060 Antwerpen
- Names & denominations
- GSI
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 October 1999
- Peppol
- Active · Active since 23 Feb 2026
- Activities · NACE
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
Niet-gespecialiseerde detailhandel in algemene voedingsmiddelen (verkoopsoppervlakte minder dan 100 m2)
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte < 100 m²)