Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 37 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GHEKIERE INDUSTRIES from Kuurne, company number BE0467103005, closed financial year 2025 with a result of € -423,892 after tax. For that financial year GHEKIERE INDUSTRIES recorded a gross margin of € 452,332 and equity of € 1.5 million. Compared with financial year 2024, the result moved from € -162,164 to € -423,892. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 25, 2026.
€ 1.5 million
▼ 22% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -423,892
▼ 161 % more loss than in 2024
Profit after tax over the fiscal year.
€ 139,424
▲ 18% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.2 million.
People and assets in 2025
9
▼ 0.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 659,913
▼ 8% vs 2024
€ 73,300 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.
€ 11,581
▼ 35% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 300,000
Loans from banks and other lenders, long and short.
€ 638,730
▲ 63% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 92,638
▼ 11% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,229,060 | € 1,007,023 | € 669,039 | € 452,332 | ▼ 32% |
| Profit after taxes | € 542,056 | € 271,880 | € -162,164 | € -423,892 | ▼ € 261,728 |
| Equity | € 1,864,478 | € 2,072,609 | € 1,910,444 | € 1,486,552 | ▼ 22% |
| Total debts | € 1,432,027 | € 968,765 | € 893,750 | € 1,171,445 | ▲ 31% |
| Cash | € 229,760 | € 80,646 | € 118,220 | € 139,424 | ▲ 18% |
| Land & buildings | € 169,421 | € 134,814 | € 114,731 | € 80,628 | ▼ 30% |
| Retained profit | € 1,571,666 | € 1,779,797 | € 1,617,632 | € 1,193,740 | ▼ 26% |
| Dividend | € 326,250 | € 63,750 | € 0 | € 0 | |
| Bank debt | € 470,237 | € 271,835 | € 300,000 | € 300,000 | |
| Balance sheet total | € 3,296,505 | € 3,041,374 | € 2,804,194 | € 2,657,997 | ▼ 5% |
| Employees (FTE) | 6.5 | 6.9 | 9.6 | 9 | ▼ 0.6 |
Key figures of GHEKIERE INDUSTRIES, 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 GHEKIERE INDUSTRIES?
What happened at GHEKIERE INDUSTRIES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 423,892. filed late Source: NBB ↗
- New establishment in Kuurne. KBO
- Start of the company according to the CBE. KBO
In short
From € 542,056 profit in 2022 to € 423,892 loss in 2025.
Paid € 284,456 in corporate taxes since 2022.
Best year ever: 2022, with € 542,056 profit.
On average € 50,300 of value added per employee in 2025.
A new publication or filing at GHEKIERE INDUSTRIES? 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
The stake of DESIGN VENTURES comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
GHEKIERE INDUSTRIESBehind GHEKIERE INDUSTRIES are Seastar Capital BV, Ghekiere Immo NV, COUBRU BV and Design Ventures NV. The shares are held by DESIGN VENTURES (100%).
Directors
According to the 2025 annual accounts
Director · represented by Michael Van Cauwenberge
Also active at: Placabois, LESAGE INDUSTRIES, Batal, FINIPAN, HEBIC, VANCA-BELGIUM, WITON, RNA Pioneering +17 more
Managing director · represented by Joost Van Cauwenberge
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Industrielaan 5
8520 Kuurne
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0467.103.005
- VAT number
- BE 0467.103.005
- Registered office
- Industrielaan 5, 8520 Kuurne
- Names & denominations
- GHEKIERE INDUSTRIES
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 15 October 1999
- Peppol
- Active · Active since 8 Sept 2025
- Activities · NACE
Groothandel in niet-elektrische huishoudelijke artikelen
Groothandel in meubels, niet-elektrische huishoudapparaten en vloerbedekking inclusief tapijten
Niet-gespecialiseerde groothandel
Overige groothandel
Overige niet-gespecialiseerde detailhandel
Handelsbemiddeling in de niet-gespecialiseerde groothandel
Handelsbemiddeling in goederen, algemeen assortiment
Overige niet-gespecialiseerde detailhandel in winkels (verkoop van overwegend niet-voedingsmiddelen met verkoopsoppervlakte van mind er dan 2.500 m2)
+1