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 7 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GEVAX from Mouscron, company number BE0542612258, closed financial year 2025 with a result of € 87,504 after tax. For that financial year GEVAX recorded a gross margin of € 329,049 and equity of € 1.7 million. Compared with financial year 2024, the result moved from € 67,477 to € 87,504. 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 December 22, 2025.
€ 1.7 million
▼ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 87,504
▲ 30% vs 2024
Profit after tax over the fiscal year.
€ 41,136
▲ 180% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 218,716 paid out
More than the year’s profit went to the shareholders; reserves fell.
Debts at end 2025
€ 1.2 million
▼ 11% vs 2024
€ 146,666 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 13,677
▲ 120% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 405,977 | € 444,289 | € 303,607 | € 329,049 | ▲ 8% |
| Profit after taxes | € 178,955 | € 209,973 | € 67,477 | € 87,504 | ▲ 30% |
| Equity | € 3,126,478 | € 1,912,579 | € 1,781,367 | € 1,650,155 | ▼ 7% |
| Total debts | € 1,654,629 | € 2,136,703 | € 1,622,977 | € 1,631,095 | ▲ 1% |
| Cash | € 1,090,030 | € 356,235 | € 14,693 | € 41,136 | ▲ 180% |
| Land & buildings | € 4,359,153 | € 4,165,940 | € 3,972,885 | € 3,779,830 | ▼ 5% |
| Retained profit | € 3,106,622 | € 1,892,724 | € 1,761,512 | € 1,630,299 | ▼ 7% |
| Dividend | € 0 | € 1,423,871 | € 198,689 | € 218,716 | ▲ 10% |
| Bank debt | € 1,625,557 | € 1,478,890 | € 1,332,224 | € 1,185,557 | ▼ 11% |
| Balance sheet total | € 5,452,072 | € 4,676,473 | € 3,987,798 | € 3,820,966 | ▼ 4% |
Key figures of GEVAX, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to GEVAX?
What happened at GEVAX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 87,504 (▲ 30% vs 2024). Source: NBB ↗
- MADUO BV became a director. NBB
- GELDOF-VALCKE BV became a director. NBB
- New establishment in Mouscron. KBO
- Start of the company according to the CBE. KBO
In short
From € 178,955 profit in 2022 to € 87,504 profit in 2025.
Paid € 254,350 in corporate taxes since 2022.
Best year ever: 2023, with € 209,973 profit.
Paid out € 1.8 million in dividends to the owners in total.
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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
The stake of GELDOF - VALCKE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
GEVAXBehind GEVAX are MADUO BV and GELDOF-VALCKE BV. The shares are held by GELDOF - VALCKE (100%).
Directors
According to the 2025 annual accounts
since 2022
since 2022
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Industriëlaan 97B
7700 Mouscron
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
- 0542.612.258
- VAT number
- BE 0542.612.258
- Registered office
- Industriëlaan 97B, 7700 Mouscron
- Names & denominations
- GEVAX
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 December 2013
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Activiteiten van syndici van onroerend goed
Beheer van niet-residentieel onroerend goed voor een vast bedrag of op contractbasis