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 16 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
G-SQUARE from Leuven, company number BE0480074576, closed financial year 2025 with a result of € -29,159 after tax. For that financial year G-SQUARE recorded a gross margin of € 60,388 and equity of € 114,077. Compared with financial year 2024, the result moved from € -69,907 to € -29,159. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 27, 2026.
€ 114,077
▼ 30% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -29,159
▲ 58 % less loss than in 2024
Profit after tax over the fiscal year.
€ 26,183
▼ 61% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 114,077.
People and assets in 2025
€ 20,486
▼ 28% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 644,428
▼ 7% vs 2024
€ 38,658 is repaid this year. At this pace the long-term loan is gone in ≈ 17 years.
€ 1,948
▼ 69% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 8,829
▼ 12% 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 | € 25,145 | € 49,806 | € 39,704 | € 60,388 | ▲ 52% |
| Profit after taxes | € -19,390 | € -422 | € -69,907 | € -29,159 | ▲ € 40,749 |
| Equity | € 232,165 | € 231,743 | € 161,836 | € 114,077 | ▼ 30% |
| Total debts | € 434,697 | € 1,502,657 | € 1,171,911 | € 1,158,060 | ▼ 1% |
| Cash | € 255,763 | € 85,377 | € 67,640 | € 26,183 | ▼ 61% |
| Land & buildings | € 172,835 | € 1,131,403 | € 1,084,895 | € 1,035,598 | ▼ 5% |
| Retained profit | € 213,565 | € 213,143 | € 143,236 | € 114,077 | ▼ 20% |
| Bank debt | € 87,826 | € 969,180 | € 691,015 | € 644,428 | ▼ 7% |
| Balance sheet total | € 666,862 | € 1,734,401 | € 1,333,747 | € 1,272,137 | ▼ 5% |
Key figures of G-SQUARE, 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 G-SQUARE?
What happened at G-SQUARE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 29,159. filed late Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Leuven. KBO
- Geert Geuten became a director. NBB
In short
From € 19,390 loss in 2022 to € 29,159 loss in 2025.
Paid € 1,750 in corporate taxes since 2022.
Management
Behind G-SQUARE is Geert Geuten. Geert Geuten is also behind VI.BE, Natural Nomads, MOJUICE and Cosmic Brick.
Directors
According to the 2025 annual accounts
since 2003
Establishments
Establishment units
Physical locations of this company
Eburonenlaan 14
3001 Leuven
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0480.074.576
- VAT number
- BE 0480.074.576
- Registered office
- Eburonenlaan 14, 3001 Leuven
- Names & denominations
- G-SQUARE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 April 2003
- Peppol
- Active · Active since 25 Jun 2025
- Activities · NACE
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