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 18 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Fietsen GEIRNAERT & C° from Zelzate, company number BE0543914038, closed financial year 2025 with a result of € 9,416 after tax. For that financial year Fietsen GEIRNAERT & C° recorded a gross margin of € 37,593 and equity of € 95,441. Compared with financial year 2024, the result moved from € 1,751 to € 9,416. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 14, 2026.
€ 95,441
▲ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 9,416
▲ € 7,665 vs 2024
Profit after tax over the fiscal year.
€ 20,895
▼ 26% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 94,941.
People and assets in 2025
€ 48
▼ 93% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 674,636
▲ 53% vs 2024
€ 20,604 is repaid this year. At this pace the long-term loan is gone in ≈ 26 years.
€ 136,714
▲ 67% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,188
▲ 177% 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 | € 68,682 | € 40,793 | € 54,815 | € 37,593 | ▼ 31% |
| Profit after taxes | € 30,065 | € 11,246 | € 1,751 | € 9,416 | ▲ € 7,665 |
| Equity | € 73,028 | € 84,274 | € 86,025 | € 95,441 | ▲ 11% |
| Total debts | € 430,759 | € 465,915 | € 604,746 | € 881,599 | ▲ 46% |
| Cash | € 6,549 | € 8,551 | € 28,333 | € 20,895 | ▼ 26% |
| Land & buildings | € 269,497 | € 262,652 | € 424,808 | € 643,350 | ▲ 51% |
| Retained profit | € 72,528 | € 83,774 | € 85,525 | € 94,941 | ▲ 11% |
| Bank debt | € 270,650 | € 255,682 | € 440,349 | € 674,636 | ▲ 53% |
| Balance sheet total | € 503,787 | € 550,189 | € 690,770 | € 977,040 | ▲ 41% |
Key figures of Fietsen GEIRNAERT & C°, 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 Fietsen GEIRNAERT & C°?
What happened at Fietsen GEIRNAERT & C° in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 9,416 (▲ € 7,665 vs 2024). Source: NBB ↗
- New establishment in Zelzate. KBO
- Start of the company according to the CBE. KBO
In short
From € 30,065 profit in 2022 to € 9,416 profit in 2025.
Paid € 26,899 in corporate taxes since 2022.
Best year ever: 2022, with € 30,065 profit.
Management
Behind Fietsen GEIRNAERT & C° are Evelien Marcella Misseghers and Jeroen Geirnaert.
Directors
According to the 2025 annual accounts
Evelien Marcella Misseghers
Director
Jeroen Geirnaert
Director
Establishments
Establishment units
Physical locations of this company
Wachtebekestraat 173
9060 Zelzate
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0543.914.038
- VAT number
- BE 0543.914.038
- Registered office
- Wachtebekestraat 173, 9060 Zelzate
- Names & denominations
- Fietsen GEIRNAERT & C°
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 2014
- Peppol
- Active · Active since 25 Aug 2025
- Contact
- [email protected] 09/3283062
- Activities · NACE
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