Financials
Financial year 2025
GearUp from Court-Saint-Etienne, company number BE0712886949, closed financial year 2025 with a result of € 59,910 after tax. For that financial year GearUp recorded a gross margin of € 94,567 and equity of € 291,201. Compared with financial year 2024, the result moved from € 75,343 to € 59,910. 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 May 4, 2026.
€ 291,201
▲ 14% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 59,910
▼ 20% vs 2024
Profit after tax over the fiscal year.
€ 280,647
▲ 49% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 24,229 paid out
40 % 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.
€ 36,216
▼ 21% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 325
▼ 92% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 26,700
▲ 88% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 76,345 | € 66,536 | € 106,966 | € 94,567 | ▼ 12% |
| Profit after taxes | € 53,785 | € 46,494 | € 75,343 | € 59,910 | ▼ 20% |
| Equity | € 159,443 | € 205,128 | € 255,521 | € 291,201 | ▲ 14% |
| Total debts | € 28,487 | € 11,658 | € 44,053 | € 58,432 | ▲ 33% |
| Cash | € 153,893 | € 171,257 | € 188,027 | € 280,647 | ▲ 49% |
| Retained profit | € 153,243 | € 198,928 | € 249,321 | € 285,001 | ▲ 14% |
| Dividend | € 800 | € 808 | € 24,951 | € 24,229 | ▼ 3% |
| Balance sheet total | € 187,930 | € 216,786 | € 299,573 | € 349,634 | ▲ 17% |
Key figures of GearUp, 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 GearUp?
What happened at GearUp in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 59,910 (▼ 20% vs 2024). Source: NBB ↗
- New establishment in Court-Saint-Etienne. KBO
- Pascal Suls became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 53,785 profit in 2022 to € 59,910 profit in 2025.
Paid € 94,278 in corporate taxes since 2022.
Best year ever: 2024, with € 75,343 profit.
Paid out € 50,788 in dividends to the owners in total.
Management
Behind GearUp is Pascal Suls. Pascal Suls is also behind MachineSight.
Directors
According to the 2025 annual accounts
since 2018
Establishments
Establishment units
Physical locations of this company
Avenue Bel Horizon 65
1490 Court-Saint-Etienne
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0712.886.949
- VAT number
- BE 0712.886.949
- Registered office
- Avenue Bel Horizon 65, 1490 Court-Saint-Etienne
- Names & denominations
- GearUp
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 November 2018
- Peppol
- Active · Active since 5 Nov 2025
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