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 63 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GDS BOUW from Veurne, company number BE0812258006, closed financial year 2025 with a result of € 207,166 after tax. For that financial year GDS BOUW recorded a gross margin of € 875,911 and equity of € 198,445. Compared with financial year 2024, the result moved from € 90,165 to € 207,166. 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 February 9, 2026.
€ 198,445
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 207,166
▲ 130% vs 2024
Profit after tax over the fiscal year.
€ 23,759
▼ 28% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 200,000 paid out
97 % of the profit went to the shareholders, mostly to GDS INVEST (76 % of the shares). That is where the money ends up.
People and assets in 2025
7
▼ 0.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 458,682
▼ 3% vs 2024
€ 65,500 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.
€ 489,038
▲ 59% vs 2024
Of which on lease € 371,728.
Debts at end 2025
€ 595,820
▲ 13% vs 2024
€ 210,591 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 183,364
▼ 26% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 28,734
▼ 18% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 760,718 | € 670,880 | € 743,611 | € 875,911 | ▲ 18% |
| Profit after taxes | € 249,998 | € 52,135 | € 90,165 | € 207,166 | ▲ 130% |
| Equity | € 190,980 | € 191,114 | € 191,279 | € 198,445 | ▲ 4% |
| Total debts | € 1,165,291 | € 1,208,502 | € 960,143 | € 1,093,287 | ▲ 14% |
| Cash | € 20,938 | € 55,047 | € 32,778 | € 23,759 | ▼ 28% |
| Retained profit | € 172,380 | € 172,514 | € 172,679 | € 179,845 | ▲ 4% |
| Dividend | € 135,000 | € 52,000 | € 90,000 | € 200,000 | ▲ 122% |
| Bank debt | € 690,942 | € 668,722 | € 528,944 | € 595,820 | ▲ 13% |
| Balance sheet total | € 1,356,270 | € 1,399,616 | € 1,151,422 | € 1,291,732 | ▲ 12% |
| Employees (FTE) | 6.7 | 7.5 | 7.8 | 7 | ▼ 0.8 |
Key figures of GDS BOUW, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to GDS BOUW?
What happened at GDS BOUW in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 207,166 (▲ 130% vs 2024). filed late Source: NBB ↗
- New establishment in Veurne. KBO
- Start of the company according to the CBE. KBO
In short
From € 249,998 profit in 2022 to € 207,166 profit in 2025.
Paid € 16,250 in corporate taxes since 2022.
Best year ever: 2022, with € 249,998 profit.
On average € 125,100 of value added per employee in 2025.
Management
The stake of GDS INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
GDS BOUWBehind GDS BOUW is GDS Invest BV. The shares are held by GDS INVEST (76%).
Directors
According to the 2025 annual accounts
Shareholders
76%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Ondernemingenstraat 2
8630 Veurne
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0812.258.006
- VAT number
- BE 0812.258.006
- Registered office
- Ondernemingenstraat 2, 8630 Veurne
- Names & denominations
- GDS BOUW
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 June 2009
- Peppol
- Active · Active since 22 Oct 2025
- Activities · NACE
Algemene bouw van residentiële gebouwen
Overige gespecialiseerde bouwactiviteiten, neg
Overige gespecialiseerde bouwwerkzaamheden
Algemene bouw van kantoorgebouwen
Algemene bouw van andere niet-residentiële gebouwen