Financials
Financial year 2025
GSH Transports from Waremme, company number BE0650776463, closed financial year 2025 with a result of € 194,260 after tax. For that financial year GSH Transports recorded a gross margin of € 1.4 million and equity of € 811,747. Compared with financial year 2024, the result moved from € 203,043 to € 194,260. The company is profitable. 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 2, 2026.
€ 811,747
▲ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 194,260
▼ 4% vs 2024
Profit after tax over the fiscal year.
€ 380,889
▼ 20% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 117,647 paid out
61 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
10.5
▲ 1.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 686,160
▲ 7% vs 2024
€ 65,300 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.
€ 1.2 million
▼ 11% vs 2024
Of which on lease € 829,779.
Debts at end 2025
€ 1.1 million
▼ 19% vs 2024
€ 229,446 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 143,481
▼ 10% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 99,326
▼ 14% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 640,993 | € 964,651 | € 1,252,804 | € 1,435,030 | ▲ 15% |
| Profit after taxes | € 37,552 | € 171,918 | € 203,043 | € 194,260 | ▼ 4% |
| Equity | € 360,173 | € 532,091 | € 735,134 | € 811,747 | ▲ 10% |
| Total debts | € 867,922 | € 823,837 | € 1,664,602 | € 1,481,006 | ▼ 11% |
| Cash | € 213,337 | € 141,975 | € 474,141 | € 380,889 | ▼ 20% |
| Retained profit | € 341,573 | € 513,491 | € 716,534 | € 793,147 | ▲ 11% |
| Dividend | € 0 | € 0 | € 0 | € 117,647 | |
| Bank debt | € 727,663 | € 664,694 | € 1,389,714 | € 1,120,552 | ▼ 19% |
| Balance sheet total | € 1,228,094 | € 1,355,928 | € 2,399,736 | € 2,292,753 | ▼ 4% |
| Employees (FTE) | - | 7.3 | 9.4 | 10.5 | ▲ 1.1 |
Key figures of GSH Transports, 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 GSH Transports?
What happened at GSH Transports in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 194,260 (▼ 4% vs 2024). Source: NBB ↗
- New establishment in Waremme. KBO
- Start of the company according to the CBE. KBO
- Grégory 'S HEEREN became a director. NBB
In short
From € 37,552 profit in 2022 to € 194,260 profit in 2025.
Paid € 121,100 in corporate taxes since 2022.
Best year ever: 2024, with € 203,043 profit.
On average € 136,700 of value added per employee in 2025.
Management
Behind GSH Transports is Grégory 'S HEEREN.
Directors
According to the 2025 annual accounts
Grégory 'S HEEREN
Director
since 2016
Establishments
Establishment units
Physical locations of this company
Chaussée Romaine (War) 119 box 22
4300 Waremme
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0650.776.463
- VAT number
- BE 0650.776.463
- Registered office
- Chaussée Romaine (War) 119 bus 22, 4300 Waremme
- Names & denominations
- GSH Transports
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 March 2016
- Peppol
- Active · Active since 19 Dec 2025
- Activities · NACE
Goederenvervoer over de weg