What does GGE VTM do?

GGE VTM is a hospitality business in Thuin. Private Limited, started on 7 May 2013, 1 establishment.

What is the address of GGE VTM?

The registered office of GGE VTM is located at Rue de Sartiau(THN) 18, 6530 Thuin.

Is GGE VTM still active?

Yes. According to the CBE (30 October 2026) GGE VTM is active, legal situation “Normale toestand”, started on 7 May 2013.

Is GGE VTM registered on Peppol?

Yes, GGE VTM is registered on the Peppol network with ID 0208:0533929273.

What is the enterprise number of GGE VTM?

The enterprise number of GGE VTM is BE0533929273.

When was GGE VTM founded?

GGE VTM was founded on 7 May 2013.

Who are the directors of GGE VTM?

According to the 2025 annual accounts, the directors of GGE VTM are: Michaël VAN TICHELEN, Emmanuel MAINGHAIN.

Is GGE VTM a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 7 May 2013; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did GGE VTM make in 2025?

GGE VTM posted a profit after taxes of € 13,994 in financial year 2025.

What is the revenue of GGE VTM?

As a small company, GGE VTM is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 156,561.

How much does an employee at GGE VTM earn?

The average wage cost per full-time employee at GGE VTM was € 33,800 in 2025: staff costs of € 60,807 for 1.8 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does GGE VTM have?

According to the 2025 annual accounts, GGE VTM has 1.8 full-time equivalents (FTE).

GGE VTM (Private Limited) - Thuin - BE0533929273

Dossier GGE VTM, printed on 30 October 2026 from databakkes.be/en/0533929273/gge-vtm. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 30 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

GGE VTM from Thuin, company number BE0533929273, closed financial year 2025 with a result of € 13,994 after tax. For that financial year GGE VTM recorded a gross margin of € 156,561 and equity of € 271,154. Compared with financial year 2024, the result moved from € 36,156 to € 13,994. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.

What it is worth Growing

€ 271,154

▲ 5% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 13,994

▼ 61% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 9,327

▼ 68% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 264,954.

People and assets in 2025

Full-time equivalents

1.8

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 60,807

▲ 124% vs 2024

€ 33,800 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.

Vehicles and equipment

€ 2,559

▼ 37% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 9 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 463,772

▲ € 435,584 vs 2024

€ 48,951 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.

Owed to suppliers

€ 80,626

▲ € 78,297 vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 27,709

▼ 42% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 83,389 Gross margin 2022: € 83,389 First fiscal year in the series	€ 151,385 Gross margin 2023: € 151,385 ▲ 82% vs 2022 (€ 83,389) Favourable step	€ 96,590 Gross margin 2024: € 96,590 ▼ 36% vs 2023 (€ 151,385) Unfavourable step	€ 156,561 Gross margin 2025: € 156,561 ▲ 62% vs 2024 (€ 96,590) Favourable step	▲ 62%
Profit after taxes	€ 25,498 Profit after taxes 2022: € 25,498 First fiscal year in the series	€ 49,919 Profit after taxes 2023: € 49,919 ▲ 96% vs 2022 (€ 25,498) Favourable step	€ 36,156 Profit after taxes 2024: € 36,156 ▼ 28% vs 2023 (€ 49,919) Unfavourable step	€ 13,994 Profit after taxes 2025: € 13,994 ▼ 61% vs 2024 (€ 36,156) Unfavourable step	▼ 61%
Equity	€ 171,085 Equity 2022: € 171,085 First fiscal year in the series	€ 221,004 Equity 2023: € 221,004 ▲ 29% vs 2022 (€ 171,085) Favourable step	€ 257,160 Equity 2024: € 257,160 ▲ 16% vs 2023 (€ 221,004) Favourable step	€ 271,154 Equity 2025: € 271,154 ▲ 5% vs 2024 (€ 257,160) Favourable step	▲ 5%
Total debts	€ 114,778 Total debts 2022: € 114,778 First fiscal year in the series	€ 125,879 Total debts 2023: € 125,879 ▲ 10% vs 2022 (€ 114,778) Unfavourable step	€ 84,526 Total debts 2024: € 84,526 ▼ 33% vs 2023 (€ 125,879) Favourable step	€ 599,949 Total debts 2025: € 599,949 ▲ € 515,423 vs 2024 (€ 84,526) Unfavourable step	▲ € 515,423
Cash	€ 69,806 Cash 2022: € 69,806 First fiscal year in the series	€ 69,776 Cash 2023: € 69,776 Unchanged (€ 69,806) Unfavourable step	€ 29,120 Cash 2024: € 29,120 ▼ 58% vs 2023 (€ 69,776) Unfavourable step	€ 9,327 Cash 2025: € 9,327 ▼ 68% vs 2024 (€ 29,120) Unfavourable step	▼ 68%
Land & buildings	€ 3,666 Land & buildings 2022: € 3,666 First fiscal year in the series	€ 3,163 Land & buildings 2023: € 3,163 ▼ 14% vs 2022 (€ 3,666) Unchanged	€ 2,707 Land & buildings 2024: € 2,707 ▼ 14% vs 2023 (€ 3,163) Unchanged	€ 2,251 Land & buildings 2025: € 2,251 ▼ 17% vs 2024 (€ 2,707) Unchanged	▼ 17%
Retained profit	€ 164,885 Retained profit 2022: € 164,885 First fiscal year in the series	€ 214,804 Retained profit 2023: € 214,804 ▲ 30% vs 2022 (€ 164,885) Favourable step	€ 250,960 Retained profit 2024: € 250,960 ▲ 17% vs 2023 (€ 214,804) Favourable step	€ 264,954 Retained profit 2025: € 264,954 ▲ 6% vs 2024 (€ 250,960) Favourable step	▲ 6%
Bank debt	€ 63,282 Bank debt 2022: € 63,282 First fiscal year in the series	€ 45,938 Bank debt 2023: € 45,938 ▼ 27% vs 2022 (€ 63,282) Favourable step	€ 28,188 Bank debt 2024: € 28,188 ▼ 39% vs 2023 (€ 45,938) Favourable step	€ 463,772 Bank debt 2025: € 463,772 ▲ € 435,584 vs 2024 (€ 28,188) Unfavourable step	▲ € 435,584
Balance sheet total	€ 285,863 Balance sheet total 2022: € 285,863 First fiscal year in the series	€ 346,883 Balance sheet total 2023: € 346,883 ▲ 21% vs 2022 (€ 285,863) Unchanged	€ 341,686 Balance sheet total 2024: € 341,686 ▼ 1% vs 2023 (€ 346,883) Unchanged	€ 871,103 Balance sheet total 2025: € 871,103 ▲ 155% vs 2024 (€ 341,686) Unchanged	▲ 155%
Employees (FTE)	-	-	-	1.8 Employees (FTE) 2025: 1.8 First fiscal year in the series

Key figures of GGE VTM, 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 GGE VTM?

What happened at GGE VTM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Aug 31, 2026 New annual accounts for financial year 2025: profit of € 13,994 (▼ 61% vs 2024). filed late Source: NBB ↗
May 7, 2013 New establishment in Thuin. KBO
May 7, 2013 Start of the company according to the CBE. KBO

In short

From € 25,498 profit in 2022 to € 13,994 profit in 2025.

Paid € 49,594 in corporate taxes since 2022.

Best year ever: 2023, with € 49,919 profit.

On average € 87,000 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Michaël VAN TICHELEN 50%

Emmanuel MAINGHAIN 50%

GGE VTM

Behind GGE VTM are Michaël VAN TICHELEN and Emmanuel MAINGHAIN. The shares are held by Michaël VAN TICHELEN (50%) and Emmanuel MAINGHAIN (50%).

Directors

According to the 2025 annual accounts

Michaël VAN TICHELEN

Director

Owns 50% directly

Emmanuel MAINGHAIN

Director

Owns 50% directly

Shareholders

Michaël VAN TICHELEN · director

50%

Emmanuel MAINGHAIN · director

50%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Rue de Sartiau(THN) 18

6530 Thuin

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 →

Garage D2-ALX

€ 8,357 gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0533.929.273

VAT number

BE 0533.929.273

Registered office

Rue de Sartiau(THN) 18, 6530 Thuin

Names & denominations

GGE VTM

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

7 May 2013

Peppol

Active · Active since 17 Sept 2025

Activities · NACE

Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden

Bandenservicebedrijven

Overige detailhandel in voedingsmiddelen, neg

Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)

Detailhandel in tabaksproducten

Detailhandel in dranken, algemeen assortiment

Detailhandel in kranten en andere tijdschriften

Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)

View on CBE Public ↗ Annual accounts (NBB) ↗

GGE VTM

Warning lights

Financials

What happened to GGE VTM?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions