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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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
12 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
GAELE XL from Harelbeke, company number BE0778540509, closed financial year 2025 with a result of € 435 after tax. For that financial year GAELE XL recorded a gross margin of € 1,747 and equity of € 1,266. Compared with financial year 2024, the result moved from € -4,930 to € 435. 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 24, 2026.
€ 1,266
▲ 52% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 435
▲ still € 4,930 loss in 2024
Profit after tax over the fiscal year.
€ 3,649
▲ 169% 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 € 1,266.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 14.1 million
▲ € 14.1 million vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 12,224 | € -713 | € -4,186 | € 1,747 | ▲ € 5,933 |
| Profit after taxes | € 6,929 | € -1,167 | € -4,930 | € 435 | ▲ € 5,364 |
| Equity | € 6,929 | € 5,762 | € 832 | € 1,266 | ▲ 52% |
| Total debts | € 4,622 | € 2,942 | € 1,747 | € 14,117,385 | ▲ € 14.1 million |
| Cash | € 7,014 | € 2,600 | € 1,358 | € 3,649 | ▲ 169% |
| Retained profit | € 6,929 | € 5,762 | € 832 | € 1,266 | ▲ 52% |
| Balance sheet total | € 11,551 | € 8,703 | € 2,579 | € 14,118,651 | ▲ € 14.1 million |
Key figures of GAELE XL, 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 GAELE XL?
What happened at GAELE XL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 435. Source: NBB ↗
- DS Projects CommV became a director. NBB
- Steyaert Projects BV became a director. NBB
- New establishment in Harelbeke. KBO
- Ludem BV became a director. NBB
- MARIMA BV became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 6,929 profit in 2022 to € 435 profit in 2025.
Paid € 2,522 in corporate taxes since 2022.
Best year ever: 2022, with € 6,929 profit.
Management
The stake of GRIDLINK comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
GAELE XLBehind GAELE XL are Ludem BV, MARIMA BV, DS Projects CommV and Steyaert Projects BV. The shares are held by GRIDLINK (100%).
Directors
According to the 2025 annual accounts
Director · represented by Luc Demeyere
Also active at: ENBRO, CLEVER SOLUTIONS, SITHO, EARTH, YOLK, EARTH FINANCE, EARTH FINANCE BUSINESS, SUNFIN +5 more
since 2021
Director · represented by Stijn Rigolle
Also active at: ENBRO, CLEVER SOLUTIONS, SITHO, EARTH, YOLK, EARTH FINANCE, EARTH FINANCE BUSINESS, SUNFIN +5 more
since 2021
Director · represented by Arthur Despiegelaere
Also active at: Roof.Fin, Spinvest Group, Despiegelaere Projects, ENBRO DELUXE, Ella Energy
since 2025
Director · represented by Emile Steyaert
Also active at: STEYINVEST, EPAA, KIOBATT, STORKIO, ENBRO DELUXE
since 2025
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Kortrijksesteenweg 387
8530 Harelbeke
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 12 companies are registered at this address.
All companies at this address →ENBRO same network
€ 2.6 million revenue · 2025
CLEVER SOLUTIONS same network
€ 1.8 million gross margin · 2025
SITHO same network
€ 68,726 gross margin · 2025
SPARKI RENEWABLES same network
€ 45.4 million revenue · 2025
YOLK same network
€ 529,353 gross margin · 2025
+7 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
BELCLOUD Premium IP transit network, BG
DNS
Cloudflare DNS
Website info
Features
Security
Details
- Company number
- 0778.540.509
- VAT number
- BE 0778.540.509
- Registered office
- Kortrijksesteenweg 387, 8530 Harelbeke
- Names & denominations
- GAELE XL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 December 2021
- Peppol
- Active · Active since 21 Oct 2026
- Contact
- gaele.be
- Activities · NACE
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