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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Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 34 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GKB from Lierde, company number BE0685502760, closed financial year 2025 with a result of € -33,928 after tax. For that financial year GKB recorded a gross margin of € -19,034 and equity of € -31,860. Compared with financial year 2024, the result moved from € 1,351 to € -33,928. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 29, 2026.
€ -31,860
▼ € 33,928 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -33,928
▼ still € 1,351 profit in 2024
Profit after tax over the fiscal year.
€ 9,851
▼ 61% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -38,060.
Debts at end 2025
€ 15,350
▼ 37% vs 2024
€ 9,526 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 10,918
▼ 11% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,517
▼ 81% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 35,156 | € 35,931 | € 16,468 | € -19,034 | ▼ € 35,502 |
| Profit after taxes | € 778 | € -1,228 | € 1,351 | € -33,928 | ▼ € 35,279 |
| Equity | € 1,945 | € 717 | € 2,068 | € -31,860 | ▼ € 33,928 |
| Total debts | € 81,599 | € 56,715 | € 84,290 | € 78,300 | ▼ 7% |
| Cash | € 23,679 | € 6,334 | € 25,009 | € 9,851 | ▼ 61% |
| Retained profit | € -4,255 | € -5,483 | € -4,132 | € -38,060 | ▼ € 33,928 |
| Bank debt | € 27,941 | € 9,749 | € 24,327 | € 15,350 | ▼ 37% |
| Balance sheet total | € 83,544 | € 57,432 | € 86,358 | € 46,440 | ▼ 46% |
Key figures of GKB, 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 GKB?
What happened at GKB in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 33,928 (▼ € 35,279 vs 2024). filed late Source: NBB ↗
- New establishment in Lierde. KBO
- Start of the company according to the CBE. KBO
In short
From € 778 profit in 2022 to € 33,928 loss in 2025.
Best year ever: 2024, with € 1,351 profit.
Management
Behind GKB are Brecht Van Der Heyden and Kelly Geenens. Kelly Geenens is also behind Bert & Kelly.
Directors
According to the 2025 annual accounts
Brecht Van Der Heyden
Director
Establishments
Establishment units
Physical locations of this company
Steenweg 187
9570 Lierde
Paepmunte 28
9571 Lierde
Active since 30 November 2017
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0685.502.760
- VAT number
- BE 0685.502.760
- Registered office
- Steenweg 187, 9570 Lierde
- Names & denominations
- GKB
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 November 2017
- Peppol
- Active · Active since 21 Nov 2025
- Activities · NACE
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