Financials
Financial year 2025
GC Log from Lokeren, company number BE0556938861, closed financial year 2025 with a result of € 53,645 after tax. For that financial year GC Log recorded a gross margin of € 81,001 and equity of € 198,557. Compared with financial year 2024, the result moved from € 58,517 to € 53,645. The company is profitable. 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 March 6, 2026.
€ 198,557
▼ 13% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 53,645
▼ 8% vs 2024
Profit after tax over the fiscal year.
€ 21,522
▼ 80% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 83,100 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 61,974
▲ € 61,715 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.
€ 1,267
▲ € 958 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 16,371
▲ 28% 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 | € 51,337 | € 30,433 | € 68,910 | € 81,001 | ▲ 18% |
| Profit after taxes | € 33,331 | € 22,439 | € 58,517 | € 53,645 | ▼ 8% |
| Equity | € 147,056 | € 169,494 | € 228,012 | € 198,557 | ▼ 13% |
| Total debts | € 14,093 | € 10,490 | € 14,864 | € 19,932 | ▲ 34% |
| Cash | € 72,826 | € 26,240 | € 109,546 | € 21,522 | ▼ 80% |
| Retained profit | € 134,656 | € 157,094 | € 215,612 | € 186,157 | ▼ 14% |
| Dividend | € 0 | € 0 | € 0 | € 83,100 | |
| Balance sheet total | € 161,149 | € 179,985 | € 242,875 | € 218,489 | ▼ 10% |
Key figures of GC Log, 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 GC Log?
What happened at GC Log in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 53,645 (▼ 8% vs 2024). Source: NBB ↗
- Lies Thermote became a director. NBB
- Geert Cosyn became a director. NBB
- New establishment in Lokeren. KBO
- Start of the company according to the CBE. KBO
In short
From € 33,331 profit in 2022 to € 53,645 profit in 2025.
Paid € 51,015 in corporate taxes since 2022.
Best year ever: 2024, with € 58,517 profit.
Paid out € 83,100 in dividends to the owners in total.
Management
Behind GC Log are Lies Thermote and Geert Cosyn.
Directors
According to the 2025 annual accounts
Lies Thermote
Director
since 2020
Geert Cosyn
Director
since 2020
Establishments
Establishment units
Physical locations of this company
Oosteindestraat 64 box C
9160 Lokeren
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
- 0556.938.861
- VAT number
- BE 0556.938.861
- Registered office
- Oosteindestraat 64 bus C, 9160 Lokeren
- Names & denominations
- GC Log
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 July 2014
- Peppol
- Active · Active since 30 Oct 2024
- Contact
- [email protected]
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