Financials
Financial year 2024
GSF ENGINEERING from Gembloux, company number BE0742851041, closed financial year 2024 with a result of € 65,456 after tax. For that financial year GSF ENGINEERING recorded a gross margin of € 164,597 and equity of € 635,862. Compared with financial year 2023, the result moved from € 17,477 to € 65,456. 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 August 29, 2025.
€ 635,862
▲ 11% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 65,456
▲ 275% vs 2023
Profit after tax over the fiscal year.
€ 82,333
▲ € 68,124 vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 625,862.
People and assets in 2024
€ 487
▼ 99% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 60,710
▲ 150% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 45,867
▲ 275% vs 2023
€ 12,014 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 581,293
▼ 31% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 4,182
▼ 87% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | - | € 895,930 | - | - | |
| Gross margin | € 449,990 | € 206,690 | € 128,249 | € 164,597 | ▲ 28% |
| Profit after taxes | € 251,806 | € 38,942 | € 17,477 | € 65,456 | ▲ 275% |
| Equity | € 513,987 | € 552,929 | € 570,406 | € 635,862 | ▲ 11% |
| Total debts | € 462,702 | € 959,340 | € 983,042 | € 854,107 | ▼ 13% |
| Cash | € 131,191 | € 353,579 | € 14,209 | € 82,333 | ▲ € 68,124 |
| Retained profit | € 503,987 | € 542,929 | € 560,406 | € 625,862 | ▲ 12% |
| Bank debt | € 53,320 | € 29,380 | € 12,232 | € 45,867 | ▲ 275% |
| Balance sheet total | € 976,689 | € 1,512,269 | € 1,553,448 | € 1,489,969 | ▼ 4% |
Key figures of GSF ENGINEERING, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to GSF ENGINEERING?
What happened at GSF ENGINEERING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 65,456 (▲ 275% vs 2023). filed late Source: NBB ↗
- New establishment in Gembloux. KBO
- Sabry Freh became a director. NBB
- Sammy Freh became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 251,806 profit in 2021 to € 65,456 profit in 2024.
Paid € 146,474 in corporate taxes since 2021.
Best year ever: 2021, with € 251,806 profit.
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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
Behind GSF ENGINEERING are Sabry Freh and Sammy Freh.
Directors
According to the 2024 annual accounts
Sabry Freh
Director
since 2020
Sammy Freh
Director
since 2020
Establishments
Establishment units
Physical locations of this company
Chaussée de Charleroi,Gd-M. 283
5030 Gembloux
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0742.851.041
- VAT number
- BE 0742.851.041
- Registered office
- Chaussée de Charleroi,Gd-M. 283, 5030 Gembloux
- Names & denominations
- GSF ENGINEERING
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 February 2020
- Peppol
- Active · Active since 20 Nov 2020
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