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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Two loss years in a row NBB
Negative result in 2022 and 2024.
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Tight liquidity NBB
Cash and receivables cover 19 % of short-term debt in 2024; threshold 65 %.
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Busy address KBO
79 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
MeetDistrict Gent from Ieper, company number BE0627806863, closed financial year 2024 with a result of € -889,627 after tax. For that financial year MeetDistrict Gent recorded a gross margin of € 2.1 million and equity of € 1.9 million. Compared with financial year 2022, the result moved from € -559,925 to € -889,627. The company made a loss. The buffer shrank hard: equity is 57 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 8, 2025.
€ 1.9 million
▼ 57% vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -889,627
▼ 59 % more loss than in 2022
Profit after tax over the fiscal year.
€ 347,520
▲ 20% vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -14.2 million.
People and assets in 2024
3
▼ 0.5 vs 2022
Average over the fiscal year, from the social balance sheet.
€ 143,443
▼ 8% vs 2022
€ 47,800 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.
€ 45,338
▼ 30% vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 16.3 million
▲ 19% vs 2022
€ 1.7 million is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 4.2 million
▲ 95% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 90,465
▲ 86% vs 2022
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2024 | Change 2022 → 2024 | |
|---|---|---|---|---|
| Gross margin | € 1,102,615 | € 1,673,606 | € 2,074,363 | ▲ 24% |
| Profit after taxes | € -1,258,217 | € -559,925 | € -889,627 | ▼ € 329,702 |
| Equity | € 5,037,366 | € 4,477,440 | € 1,932,159 | ▼ 57% |
| Total debts | € 18,977,966 | € 19,145,457 | € 21,697,091 | ▲ 13% |
| Cash | € 324,043 | € 290,264 | € 347,520 | ▲ 20% |
| Land & buildings | € 22,644,801 | € 21,214,940 | € 18,384,741 | ▼ 13% |
| Retained profit | € -11,083,634 | € -11,643,560 | € -14,188,841 | ▼ € 2.5 million |
| Bank debt | € 15,002,032 | € 13,655,241 | € 16,271,611 | ▲ 19% |
| Balance sheet total | € 24,015,332 | € 23,622,898 | € 23,629,250 | |
| Employees (FTE) | 3 | 3.5 | 3 | ▼ 0.5 |
Key figures of MeetDistrict Gent, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to MeetDistrict Gent?
What happened at MeetDistrict Gent in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Michael Gheysens stepped down as director. NBB
- Simon Gheysens stepped down as director. NBB
- Kadmos BV stepped down as director. NBB
- New annual accounts for financial year 2024: loss of € 889,627. filed late Source: NBB ↗
- Michael Gheysens became a director. NBB
- Simon Gheysens became a director. NBB
- Kadmos BV became a director. NBB
- New establishment in Gent. KBO
In short
From € 1.3 million loss in 2021 to € 889,627 loss in 2024.
On average € 691,500 of value added per employee in 2024.
A new publication or filing at MeetDistrict Gent? We notify you, reason included.
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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 GHELAMCO INVEST, INTERNATIONAL REAL ESTATE SERVICES comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MeetDistrict GentThe shares are held by GHELAMCO INVEST (80%) and INTERNATIONAL REAL ESTATE SERVICES (20%).
Directors
According to the 2024 annual accounts
Michael Gheysens
Director
since 2023 · until 2029
Simon Gheysens
Director
Also active at: DOCK-SITE, Royal Antwerp Football club, CARLTON RETAIL, GHELAMCO INVEST, SOGIMES, THE WHITE HOUSE ZOUTE, ENEMAN & CO, BELGIAN TRADING COMPANY +26 more
since 2023 · until 2029
Director · represented by Paul Gheysens
Also active at: GHELAMCO, STEELCON, BELGIAN TRADING COMPANY, INTERNATIONAL REAL ESTATE SERVICES, RING PUBLI
since 2023 · until 2029
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Zwaanhofweg 10
8900 Ieper
Ottergemsesteenweg-Zuid 808 box C31
9000 Gent
Active since 1 January 2017
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 79 companies are registered at this address.
All companies at this address →R.H.R. - INDUSTRIES
€ 272,092 gross margin · 2024
GARAGE S.O.S.
€ -10,621 gross margin · 2024
GHELAMCO same network
€ 549,961 revenue · 2024
GHELAMCO INVEST same network
€ 38.6 million revenue · 2025
SOGIMES same network
€ 4.7 million gross margin · 2025
+74 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0627.806.863
- VAT number
- BE 0627.806.863
- Registered office
- Zwaanhofweg 10, 8900 Ieper
- Names & denominations
- MeetDistrict Gent
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 April 2015
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Overige zakelijke dienstverlening, neg
Administratieve en ondersteunende activiteiten ten behoeve van kantoren
Diverse administratieve activiteiten ten behoeve van kantoren