Financials
Financial year 2025
Genuine BIDS from Izegem, company number BE0704698565, closed financial year 2025 with a result of € 61,166 after tax. For that financial year Genuine BIDS recorded a gross margin of € 84,163 and equity of € 30,405. Compared with financial year 2024, the result moved from € 57,833 to € 61,166. Profitable, and profit is growing. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on December 29, 2025.
€ 30,405
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 61,166
▲ 6% vs 2024
Profit after tax over the fiscal year.
€ 69,125
▲ 18% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 61,166 paid out
100 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 996
▲ 31% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 10,730
▲ 24% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 83,442 | € 81,126 | € 82,070 | € 84,163 | ▲ 3% |
| Profit after taxes | € 55,632 | € 53,133 | € 57,833 | € 61,166 | ▲ 6% |
| Equity | € 30,405 | € 30,405 | € 30,405 | € 30,405 | |
| Total debts | € 63,593 | € 64,479 | € 58,606 | € 63,909 | ▲ 9% |
| Cash | € 39,914 | € 53,741 | € 58,704 | € 69,125 | ▲ 18% |
| Retained profit | € 11,855 | € 11,855 | € 11,855 | € 11,855 | |
| Dividend | € 206,211 | € 53,133 | € 57,833 | € 61,166 | ▲ 6% |
| Balance sheet total | € 93,998 | € 94,884 | € 89,011 | € 94,314 | ▲ 6% |
Key figures of Genuine BIDS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to Genuine BIDS?
What happened at Genuine BIDS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 61,166 (▲ 6% vs 2024). Source: NBB ↗
- New establishment in Izegem. KBO
- Nick Faes became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 55,632 profit in 2022 to € 61,166 profit in 2025.
Paid € 62,204 in corporate taxes since 2022.
Best year ever: 2025, with € 61,166 profit.
Paid out € 378,343 in dividends to the owners in total.
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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
Directors
According to the 2025 annual accounts
Nick Faes
Director
since 2018
Establishments
Establishment units
Physical locations of this company
Ommegangstraat 22
8870 Izegem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0704.698.565
- VAT number
- BE 0704.698.565
- Registered office
- Ommegangstraat 22, 8870 Izegem
- Names & denominations
- Genuine BIDS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 September 2018
- Peppol
- Active · Active since 19 Nov 2025
- Activities · NACE
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