Financials
Financial year 2025
GLS from Gent, company number BE0471384762, closed financial year 2025 with a result of € 12,729 after tax. For that financial year GLS recorded a gross margin of € 25,619 and equity of € 108,606. Compared with financial year 2024, the result moved from € 11,346 to € 12,729. Profitable, and profit is growing. 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 June 15, 2026.
€ 108,606
▼ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 12,729
▲ 12% vs 2024
Profit after tax over the fiscal year.
€ 90,870
▲ 24% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 22,141 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 1,615
▼ 12% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 8,575
▲ 235% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,210
▼ 51% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 54,679 | € 26,927 | € 23,376 | € 25,619 | ▲ 10% |
| Profit after taxes | € 29,874 | € 10,502 | € 11,346 | € 12,729 | ▲ 12% |
| Equity | € 97,830 | € 107,532 | € 118,019 | € 108,606 | ▼ 8% |
| Total debts | € 18,969 | € 15,123 | € 15,885 | € 35,541 | ▲ 124% |
| Cash | € 42,884 | € 42,039 | € 73,280 | € 90,870 | ▲ 24% |
| Retained profit | € 79,238 | € 88,940 | € 99,427 | € 90,014 | ▼ 9% |
| Dividend | € 800 | € 800 | € 859 | € 22,141 | ▲ € 21,282 |
| Balance sheet total | € 116,799 | € 122,656 | € 133,904 | € 144,147 | ▲ 8% |
Key figures of GLS, 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 GLS?
What happened at GLS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 12,729 (▲ 12% vs 2024). Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
- Geert Stevens became a director. NBB
In short
From € 29,874 profit in 2022 to € 12,729 profit in 2025.
Paid € 48,869 in corporate taxes since 2022.
Best year ever: 2022, with € 29,874 profit.
Paid out € 24,600 in dividends to the owners in total.
Management
Behind GLS is Geert Stevens.
Directors
According to the 2025 annual accounts
Geert Stevens
Director
since 2000
Establishments
Establishment units
Physical locations of this company
Surkelbulk 6
9051 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0471.384.762
- VAT number
- BE 0471.384.762
- Registered office
- Surkelbulk 6, 9051 Gent
- Names & denominations
- GLS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 March 2000
- Peppol
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