Financials
Financial year 2025
GS CONNECTIONS from Gent, company number BE0545918374, closed financial year 2025 with a result of € -16,652 after tax. For that financial year GS CONNECTIONS recorded a gross margin of € -4,667 and equity of € 153,373. Compared with financial year 2024, the result moved from € 73,167 to € -16,652. The company made a loss. 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 May 11, 2026.
€ 153,373
▼ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -16,652
▼ still € 73,167 profit in 2024
Profit after tax over the fiscal year.
€ 107,230
▼ 41% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 153,372.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 12,007
▼ 46% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 351
▼ 88% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 107,810 | € 96,535 | € 119,411 | € -4,667 | ▼ € 124,078 |
| Profit after taxes | € 68,122 | € 59,084 | € 73,167 | € -16,652 | ▼ € 89,819 |
| Equity | € 142,773 | € 136,858 | € 170,025 | € 153,373 | ▼ 10% |
| Total debts | € 52,147 | € 46,150 | € 54,577 | € 5,330 | ▼ 90% |
| Cash | € 123,121 | € 135,032 | € 182,920 | € 107,230 | ▼ 41% |
| Retained profit | € 117,773 | € 136,857 | € 170,024 | € 153,372 | ▼ 10% |
| Dividend | € 40,000 | € 40,000 | € 40,000 | € 0 | ▼ 100% |
| Balance sheet total | € 194,920 | € 183,008 | € 224,602 | € 158,704 | ▼ 29% |
Key figures of GS CONNECTIONS, 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 GS CONNECTIONS?
What happened at GS CONNECTIONS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 16,652 (▼ € 89,819 vs 2024). Source: NBB ↗
- New establishment in Gent. KBO
- Geert Salomez became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 68,122 profit in 2022 to € 16,652 loss in 2025.
Paid € 87,039 in corporate taxes since 2022.
Best year ever: 2024, with € 73,167 profit.
Paid out € 120,000 in dividends to the owners in total.
Management
Behind GS CONNECTIONS is Geert Salomez.
Directors
According to the 2025 annual accounts
Geert Salomez
Director
since 2014
Establishments
Establishment units
Physical locations of this company
Muinklaan 53
9000 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0545.918.374
- VAT number
- BE 0545.918.374
- Registered office
- Muinklaan 53, 9000 Gent
- Names & denominations
- GS CONNECTIONS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 February 2014
- Peppol
- Active · Active since 8 Apr 2025
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