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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 11 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
GEERT WELLEMAN from Geraardsbergen, company number BE0475996618, closed financial year 2025 with a result of € -8,231 after tax. For that financial year GEERT WELLEMAN recorded a gross margin of € 7,218 and equity of € 72,965. Compared with financial year 2024, the result moved from € -17,953 to € -8,231. 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 31, 2026.
€ 72,965
▼ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -8,231
▲ 54 % less loss than in 2024
Profit after tax over the fiscal year.
€ 6,605
▲ 40% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 54,365.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 411
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -219 | € 10,286 | € -1,639 | € 7,218 | ▲ € 8,856 |
| Profit after taxes | € -20,207 | € -8,686 | € -17,953 | € -8,231 | ▲ € 9,722 |
| Equity | € 107,836 | € 99,150 | € 81,196 | € 72,965 | ▼ 10% |
| Total debts | € 32,415 | € 20,176 | € 43,324 | € 58,742 | ▲ 36% |
| Cash | € 7,599 | € 3,540 | € 4,711 | € 6,605 | ▲ 40% |
| Land & buildings | € 131,560 | € 115,125 | € 112,362 | € 123,670 | ▲ 10% |
| Retained profit | € 89,236 | € 80,550 | € 62,596 | € 54,365 | ▼ 13% |
| Bank debt | € 4,862 | € 1,531 | € 0 | € 0 | |
| Balance sheet total | € 140,251 | € 119,325 | € 124,521 | € 131,707 | ▲ 6% |
Key figures of GEERT WELLEMAN, 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 GEERT WELLEMAN?
What happened at GEERT WELLEMAN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 8,231. filed late Source: NBB ↗
- New establishment in Geraardsbergen. KBO
- Start of the company according to the CBE. KBO
In short
From € 20,207 loss in 2022 to € 8,231 loss in 2025.
Paid € 2 in corporate taxes since 2022.
Management
Behind GEERT WELLEMAN is Geert Welleman. Geert Welleman is also behind 'T GIESBAARGS MUURKEN.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Wijngaardstraat 9
9500 Geraardsbergen
Groteweg(Ove) 235
9500 Geraardsbergen
Active since 8 January 2002
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
- 0475.996.618
- VAT number
- BE 0475.996.618
- Registered office
- Wijngaardstraat 9, 9500 Geraardsbergen
- Names & denominations
- GEERT WELLEMAN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 November 2001
- Peppol
- Not registered