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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Tight liquidity NBB
Cash and receivables cover 44 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Ward Gielkens from Pelt, company number BE0541686602, closed financial year 2025 with a result of € 103,948 after tax. For that financial year Ward Gielkens recorded a gross margin of € 557,212 and equity of € 461,365. Compared with financial year 2024, the result moved from € 73,635 to € 103,948. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 14, 2026.
€ 461,365
▲ 25% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 103,948
▲ 41% vs 2024
Profit after tax over the fiscal year.
€ 24,234
▲ 191% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 11,713 paid out
11 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
6.2
▲ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 328,248
▲ 15% vs 2024
€ 52,900 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.
€ 50,542
▲ € 38,481 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 204,238
▼ 9% vs 2024
€ 43,662 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 246,242
▲ € 205,393 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 53,463
▲ 35% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 457,217 | € 378,493 | € 457,909 | € 557,212 | ▲ 22% |
| Profit after taxes | € 124,701 | € 37,671 | € 73,635 | € 103,948 | ▲ 41% |
| Equity | € 268,034 | € 305,706 | € 369,130 | € 461,365 | ▲ 25% |
| Total debts | € 518,322 | € 370,409 | € 314,978 | € 534,838 | ▲ 70% |
| Cash | € 33,611 | € 0 | € 8,314 | € 24,234 | ▲ 191% |
| Land & buildings | € 226,702 | € 203,774 | € 181,812 | € 158,783 | ▼ 13% |
| Retained profit | € 248,034 | € 285,706 | € 349,130 | € 441,365 | ▲ 26% |
| Dividend | € 6,389 | € 0 | € 10,211 | € 11,713 | ▲ 15% |
| Bank debt | € 351,522 | € 276,682 | € 224,844 | € 204,238 | ▼ 9% |
| Balance sheet total | € 786,356 | € 676,114 | € 684,108 | € 996,203 | ▲ 46% |
| Employees (FTE) | 5.3 | 6.1 | 6 | 6.2 | ▲ 0.2 |
Key figures of Ward Gielkens, 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 Ward Gielkens?
What happened at Ward Gielkens in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 103,948 (▲ 41% vs 2024). Source: NBB ↗
- Michel Gielkens became a director. NBB
- New establishment in Pelt. KBO
- Start of the company according to the CBE. KBO
- Ward Gielkens became a director. NBB
In short
From € 124,701 profit in 2022 to € 103,948 profit in 2025.
Paid € 145,914 in corporate taxes since 2022.
Best year ever: 2022, with € 124,701 profit.
On average € 89,900 of value added per employee in 2025.
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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
Behind Ward Gielkens are Ward Gielkens and Michel Gielkens.
Directors
According to the 2025 annual accounts
Ward Gielkens
Director
since 2013
Michel Gielkens
Director
since 2019
Establishments
Establishment units
Physical locations of this company
Urnenveldstraat 9
3900 Pelt
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
GOOGLE - Google LLC, US
Website info
Features
Security
Details
- Company number
- 0541.686.602
- VAT number
- BE 0541.686.602
- Registered office
- Urnenveldstraat 9, 3900 Pelt
- Names & denominations
- Ward Gielkens
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 November 2013
- Peppol
- Active · Active since 1 Sept 2025
- Contact
- wardgielkens.be
- Activities · NACE
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