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 30 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
G GHYSELEN from De Panne, company number BE0788174290, closed financial year 2025 with a result of € 14,014 after tax. For that financial year G GHYSELEN recorded a gross margin of € 71,021 and equity of € 119,885. Compared with financial year 2024, the result moved from € 8,042 to € 14,014. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 26, 2026.
€ 119,885
▲ 13% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 14,014
▲ 74% vs 2024
Profit after tax over the fiscal year.
€ 16,442
▼ 62% 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 € 114,885.
People and assets in 2025
€ 10,719
▼ 39% vs 2024
Of which on lease € 7,670.
Debts at end 2025
€ 278,153
▲ 16% vs 2024
€ 236,172 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 24,062
▼ 46% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 7,705
▼ 78% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 162,090 | € 58,991 | € 71,021 | ▲ 20% |
| Profit after taxes | € 92,829 | € 8,042 | € 14,014 | ▲ 74% |
| Equity | € 97,829 | € 105,871 | € 119,885 | ▲ 13% |
| Total debts | € 278,907 | € 373,913 | € 370,580 | ▼ 1% |
| Cash | € 30,618 | € 43,638 | € 16,442 | ▼ 62% |
| Retained profit | € 92,829 | € 100,871 | € 114,885 | ▲ 14% |
| Bank debt | € 163,546 | € 239,245 | € 278,153 | ▲ 16% |
| Balance sheet total | € 376,736 | € 479,784 | € 490,465 | ▲ 2% |
Key figures of G GHYSELEN, fiscal years 2023 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 G GHYSELEN?
What happened at G GHYSELEN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 14,014 (▲ 74% vs 2024). Source: NBB ↗
- New establishment in Koksijde. KBO
- Start of the company according to the CBE. KBO
- Gerbert Ghyselen became a director. NBB
In short
From € 92,829 profit in 2023 to € 14,014 profit in 2025.
Paid € 35,795 in corporate taxes since 2023.
Best year ever: 2023, with € 92,829 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
Directors
According to the 2025 annual accounts
Gerbert Ghyselen
Director
since 2022
Establishments
Establishment units
Physical locations of this company
Westhoeklaan 3
8660 De Panne
Fluithoekweg(Kok) 2
8670 Koksijde
Active since 4 July 2022
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0788.174.290
- VAT number
- BE 0788.174.290
- Registered office
- Westhoeklaan 3, 8660 De Panne
- Names & denominations
- G GHYSELEN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 July 2022
- Peppol
- Active · Active since 31 Oct 2023
- Activities · NACE
Schrijnwerk