Financials
Financial year 2026
GC Manufacturing Europe from Leuven, company number BE0644915188, closed financial year 2026 with a result of € 2.1 million after tax. For that financial year GC Manufacturing Europe recorded revenue of € 68.5 million and equity of € 18.1 million. Compared with financial year 2025, the result moved from € 1.3 million to € 2.1 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 7, 2026.
€ 18.1 million
▲ 13% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2.1 million
▲ 69% vs 2025
Profit after tax over the fiscal year.
€ 756,115
▲ € 722,325 vs 2025
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € 17.8 million.
People and assets in 2026
38
▲ 1.5 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 3.3 million
▲ 12% vs 2025
€ 87,600 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.
€ 34,807
▲ € 29,706 vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 8 million
Loans from banks and other lenders, long and short.
€ 8 million
▼ 31% vs 2025
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 47 days on average.
€ 2 million
▲ 38% vs 2025
Taxes, VAT and social contributions still to pay.
| 2022 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Revenue | € 48,409,795 | € 58,773,592 | € 61,619,821 | € 68,487,795 | ▲ 11% |
| Profit after taxes | € 1,211,137 | € 1,292,494 | € 1,252,965 | € 2,123,374 | ▲ 69% |
| Equity | € 10,040,347 | € 14,760,432 | € 16,013,397 | € 18,136,771 | ▲ 13% |
| Total debts | € 21,158,136 | € 17,609,929 | € 22,072,683 | € 17,989,098 | ▼ 19% |
| Cash | € 3,809,262 | € 1,045,919 | € 33,790 | € 756,115 | ▲ € 722,325 |
| Land & buildings | € 560,037 | € 521,072 | € 498,949 | € 476,826 | ▼ 4% |
| Retained profit | € 9,663,911 | € 14,383,996 | € 15,636,961 | € 17,760,335 | ▲ 14% |
| Bank debt | € 10,000,000 | € 8,000,000 | € 8,000,000 | € 8,000,000 | |
| Balance sheet total | € 31,198,483 | € 32,370,361 | € 38,086,080 | € 36,125,869 | ▼ 5% |
| Employees (FTE) | 33.3 | 34 | 36.5 | 38 | ▲ 1.5 |
Key figures of GC Manufacturing Europe, fiscal years 2022 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to GC Manufacturing Europe?
What happened at GC Manufacturing Europe in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Stijn Saboo stepped down as director. NBB
- Josef Richter stepped down as director. NBB
- Walter Bogaerts stepped down as director. NBB
- Dries Baets stepped down as director. NBB
- New annual accounts for financial year 2026: profit of € 2.1 million (▲ 69% vs 2025). Source: NBB ↗
- Stijn Saboo became a director. NBB
- Dries Baets became a director. NBB
- Walter Bogaerts became a director. NBB
In short
From € 1.2 million profit in 2022 to € 2.1 million profit in 2026.
Paid € 2.3 million in corporate taxes since 2022.
Best year ever: 2026, with € 2.1 million profit.
Pays suppliers within 47 days on average.
Management
Directors
According to the 2026 annual accounts
since 2018 · until 2027
Walter Bogaerts
Director
since 2022 · until 2027
since 2024 · until 2027
Stijn Saboo
Director
since 2025 · until 2028
Establishments
Establishment units
Physical locations of this company
Interleuvenlaan 13
3001 Leuven
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
- 0644.915.188
- VAT number
- BE 0644.915.188
- Registered office
- Interleuvenlaan 13, 3001 Leuven
- Names & denominations
- GC Manufacturing Europe
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 December 2015
- Peppol
- Active · Active since 8 Dec 2025
- Activities · NACE
Vervaardiging van medische en tandheelkundige instrumenten en benodigdheden
Groothandel in farmaceutische en medische artikelen