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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Busy address KBO
10 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Gheeraert Distribution from Zedelgem, company number BE0740593713, closed financial year 2025 with a result of € 185,022 after tax. For that financial year Gheeraert Distribution recorded a gross margin of € 4 million and equity of € 750,165. Compared with financial year 2024, the result moved from € -456,619 to € 185,022. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 23, 2026.
€ 750,165
▲ 33% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 185,022
▲ still € 456,619 loss in 2024
Profit after tax over the fiscal year.
€ 488,402
▲ 127% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 450,165.
People and assets in 2025
46.7
▲ 14.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.8 million
▲ 57% vs 2024
€ 60,500 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.
€ 111,312
▼ 6% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2.5 million
▲ 84% vs 2024
€ 257,522 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 2.4 million
▲ 23% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 494,137
▲ 148% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,091,783 | € 2,017,016 | € 1,953,067 | € 3,962,851 | ▲ 103% |
| Profit after taxes | € 450,003 | € 21,934 | € -456,619 | € 185,022 | ▲ € 641,641 |
| Equity | € 999,828 | € 1,021,762 | € 565,143 | € 750,165 | ▲ 33% |
| Total debts | € 3,788,086 | € 3,744,841 | € 5,151,093 | € 6,819,482 | ▲ 32% |
| Cash | € 54,425 | € 415,906 | € 214,763 | € 488,402 | ▲ 127% |
| Retained profit | € 699,828 | € 721,762 | € 265,143 | € 450,165 | ▲ 70% |
| Dividend | € 30,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 1,639,507 | € 1,602,418 | € 1,348,324 | € 2,475,754 | ▲ 84% |
| Balance sheet total | € 4,787,913 | € 4,766,602 | € 5,716,236 | € 7,569,647 | ▲ 32% |
| Employees (FTE) | 23.9 | 27.2 | 31.8 | 46.7 | ▲ 14.9 |
Key figures of Gheeraert Distribution, 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 Gheeraert Distribution?
What happened at Gheeraert Distribution in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- SG WORX BV stepped down as director. NBB
- G-FORCE.BE BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 185,022. Source: NBB ↗
- New establishment in Sint-Niklaas. KBO
- SG WORX BV became a director. NBB
- G-FORCE.BE BV became a director. NBB
- New establishment in Zedelgem. KBO
- New establishment in Bornem. KBO
In short
From € 450,003 profit in 2022 to € 185,022 profit in 2025.
Paid € 172,351 in corporate taxes since 2022.
Best year ever: 2022, with € 450,003 profit.
On average € 84,900 of value added per employee in 2025.
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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
The stake of AUGERE, G-FORCE.BE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Gheeraert DistributionThe shares are held by AUGERE (50%) and G-FORCE.BE (50%).
Directors
According to the 2025 annual accounts
Director · represented by Stijn Gheeraert
Also active at: GHEERAERT TRANSPORT, VERVOERONDERNEMING MARCEL LAMBERTS EN ZONEN, Gheeraert Garage, Transport De Rudder, Warehouse
since 2025 · until 2031
Director · represented by Peter Gheeraert
Also active at: VERVOERONDERNEMING MARCEL LAMBERTS EN ZONEN, GHEERAERT PROPERTY, Transport De Rudder, Warehouse, Trans-Form, GHEERAERT SHARED SERVICES
since 2025 · until 2031
Shareholders
50%
50%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Autobaan 10
8210 Zedelgem
Groenstraat 5920 box 1
3800 Sint-Truiden
Active since 30 December 2019
Industriepark Noord 2
8730 Beernem
Active since 30 December 2019
Schoonmansveld 1
2870 Puurs-Sint-Amands
Active since 27 April 2021
Cesar Van Kerckhovenstraat(HIN) 117
2880 Bornem
Active since 1 May 2025
Industriepark-West 52
9100 Sint-Niklaas
Active since 17 January 2026
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 10 companies are registered at this address.
All companies at this address →GHEERAERT TRANSPORT same network
€ 19.9 million revenue · 2025
VERVOERONDERNEMING MARCEL LAMBERTS EN ZONEN same network
€ 1.2 million gross margin · 2025
Gheeraert Garage same network
€ 1.2 million gross margin · 2025
Transport De Rudder same network
€ 3.4 million gross margin · 2025
Warehouse same network
€ 29.5 million revenue · 2025
+5 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0740.593.713
- VAT number
- BE 0740.593.713
- Registered office
- Autobaan 10, 8210 Zedelgem
- Names & denominations
- Gheeraert Distribution
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 December 2019
- Peppol
- Active · Active since 2 Dec 2025
- Activities · NACE
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