GELCO is a bar in Machelen (Brab.). Private Limited, started on 1 June 2016, 1 establishment.

What is the address of GELCO?

The registered office of GELCO is located at Lambroekstraat 5 box A, 1831 Machelen (Brab.).

Is GELCO still active?

Yes. According to the CBE (31 October 2026) GELCO is active, legal situation “Normale toestand”, started on 1 June 2016.

Is GELCO registered on Peppol?

Yes, GELCO is registered on the Peppol network with ID 0208:0655837586.

What is the enterprise number of GELCO?

The enterprise number of GELCO is BE0655837586.

When was GELCO founded?

GELCO was founded on 1 June 2016.

Who are the directors of GELCO?

According to the 2025 annual accounts, the directors of GELCO are: Herman Mentens.

Is GELCO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 1 June 2016; 4 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did GELCO make in 2025?

GELCO posted a profit after taxes of € 64,500 in financial year 2025.

What is the revenue of GELCO?

As a small company, GELCO is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 88,930.

GELCO (Private Limited) - Machelen (Brab.) - BE0655837586

Dossier GELCO, printed on 31 October 2026 from databakkes.be/en/0655837586/gelco. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Busy address KBO

25 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

GELCO from Machelen (Brab.), company number BE0655837586, closed financial year 2025 with a result of € 64,500 after tax. For that financial year GELCO recorded a gross margin of € 88,930 and equity of € 84,452. Compared with financial year 2023, the result moved from € -5,644 to € 64,500. 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 September 14, 2026.

What it is worth Growing

€ 84,452

▲ € 116,560 vs 2023

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 64,500

▲ still € 5,644 loss in 2023

Profit after tax over the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 65,852.

People and assets in 2025

Full-time equivalents estimate The annual accounts report no full-time equivalents. A micro company with one active director is usually run by that person; this is an assumption, not a figure from the source.

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Vehicles and equipment

€ 23,288

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 2 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 18,235

€ 9,361 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 6,182

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 43,338

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2021	2022	2023	2025	Change 2023 → 2025
Revenue	€ 53,375 Revenue 2021: € 53,375 First fiscal year in the series	-	-	-
Gross margin	€ -724 Gross margin 2021: € -724 First fiscal year in the series	€ -1,115 Gross margin 2022: € -1,115 ▼ € 391 vs 2021 (€ -724) Unfavourable step	€ -684 Gross margin 2023: € -684 ▲ € 431 vs 2022 (€ -1,115) Favourable step	€ 88,930 Gross margin 2025: € 88,930 ▲ € 89,615 vs 2023 (€ -684) Favourable step	▲ € 89,615
Profit after taxes	€ -5,777 Profit after taxes 2021: € -5,777 First fiscal year in the series	€ -5,133 Profit after taxes 2022: € -5,133 ▲ € 644 vs 2021 (€ -5,777) Favourable step	€ -5,644 Profit after taxes 2023: € -5,644 ▼ € 511 vs 2022 (€ -5,133) Unfavourable step	€ 64,500 Profit after taxes 2025: € 64,500 ▲ € 70,144 vs 2023 (€ -5,644) Favourable step	▲ € 70,144
Equity	€ -21,331 Equity 2021: € -21,331 First fiscal year in the series	€ -26,464 Equity 2022: € -26,464 ▼ € 5,133 vs 2021 (€ -21,331) Unfavourable step	€ -32,108 Equity 2023: € -32,108 ▼ € 5,644 vs 2022 (€ -26,464) Unfavourable step	€ 84,452 Equity 2025: € 84,452 ▲ € 116,560 vs 2023 (€ -32,108) Favourable step	▲ € 116,560
Total debts	€ 34,027 Total debts 2021: € 34,027 First fiscal year in the series	€ 32,681 Total debts 2022: € 32,681 ▼ 4% vs 2021 (€ 34,027) Favourable step	€ 32,164 Total debts 2023: € 32,164 ▼ 2% vs 2022 (€ 32,681) Favourable step	€ 70,418 Total debts 2025: € 70,418 ▲ 119% vs 2023 (€ 32,164) Unfavourable step	▲ 119%
Cash	€ 1,622 Cash 2021: € 1,622 First fiscal year in the series	€ 1,783 Cash 2022: € 1,783 ▲ 10% vs 2021 (€ 1,622) Favourable step	€ 55 Cash 2023: € 55 ▼ 97% vs 2022 (€ 1,783) Unfavourable step	-
Retained profit	€ -39,931 Retained profit 2021: € -39,931 First fiscal year in the series	€ -45,064 Retained profit 2022: € -45,064 ▼ € 5,133 vs 2021 (€ -39,931) Unfavourable step	€ -50,708 Retained profit 2023: € -50,708 ▼ € 5,644 vs 2022 (€ -45,064) Unfavourable step	€ 65,852 Retained profit 2025: € 65,852 ▲ € 116,560 vs 2023 (€ -50,708) Favourable step	▲ € 116,560
Bank debt	€ 0 Bank debt 2021: € 0 First fiscal year in the series	€ 0 Bank debt 2022: € 0 Unchanged (€ 0) Unchanged	€ 0 Bank debt 2023: € 0 Unchanged (€ 0) Unchanged	€ 18,235 Bank debt 2025: € 18,235 Unchanged (€ 0) Unfavourable step
Balance sheet total	€ 12,696 Balance sheet total 2021: € 12,696 First fiscal year in the series	€ 6,217 Balance sheet total 2022: € 6,217 ▼ 51% vs 2021 (€ 12,696) Unchanged	€ 56 Balance sheet total 2023: € 56 ▼ 99% vs 2022 (€ 6,217) Unchanged	€ 154,870 Balance sheet total 2025: € 154,870 ▲ € 154,815 vs 2023 (€ 56) Unchanged	▲ € 154,815

Key figures of GELCO, fiscal years 2021 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 GELCO?

What happened at GELCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Sep 14, 2026 New annual accounts for financial year 2025: profit of € 64,500. filed late Source: NBB ↗
2024 Herman Mentens became a director. NBB
Jun 1, 2016 New establishment in Diest. KBO
Jun 1, 2016 Start of the company according to the CBE. KBO

In short

From € 5,777 loss in 2021 to € 64,500 profit in 2025.

Paid € 24,754 in corporate taxes since 2021.

Best year ever: 2025, with € 64,500 profit.

Original PDFs at the National Bank ↗

Management

Herman Mentens

GELCO

Behind GELCO is Herman Mentens.

Directors

According to the 2025 annual accounts

Herman Mentens

Administrator-manager

since 2024

Establishments

Establishment units

Physical locations of this company

Registered office

Lambroekstraat 5 box A

1831 Machelen (Brab.)

2.253.524.289

Grote Markt 14

3290 Diest

Active since 1 June 2016

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 25 companies are registered at this address.

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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number: 0655.837.586
VAT number: BE 0655.837.586
Registered office: Lambroekstraat 5 bus A, 1831 Machelen (Brab.)
Names & denominations: GELCO · Bij De Baas
Enterprise type: Rechtspersoon
Legal form: Private limited company
Legal situation: Normale toestand
Start date: 1 June 2016
Peppol: Active · Active since 11 Dec 2025
Activities · NACE: Cafés en bars

View on CBE Public ↗ Annual accounts (NBB) ↗