Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
GL-Projects from Kasterlee, company number BE0823806350, closed financial year 2025 with a result of € -3,416 after tax. For that financial year GL-Projects recorded a gross margin of € 48,422 and equity of € 237,244. Compared with financial year 2024, the result moved from € -4,409 to € -3,416. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 27, 2026.
€ 237,244
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -3,416
▲ 23 % less loss than in 2024
Profit after tax over the fiscal year.
€ 6,911
▲ 2% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 112,244.
People and assets in 2025
€ 22,522
▼ 43% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 130,160
▼ 13% vs 2024
€ 18,766 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 1,711
▲ 121% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 8,962
▼ 84% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 57,013 | € 81,906 | € 67,232 | € 48,422 | ▼ 28% |
| Profit after taxes | € 61,029 | € 427 | € -4,409 | € -3,416 | ▲ € 993 |
| Equity | € 244,642 | € 245,069 | € 240,659 | € 237,244 | ▼ 1% |
| Total debts | € 1,086,598 | € 1,060,250 | € 938,548 | € 346,741 | ▼ 63% |
| Cash | € 5,572 | € 45,041 | € 6,797 | € 6,911 | ▲ 2% |
| Land & buildings | € 1,141,430 | € 822,819 | € 794,376 | € 259,140 | ▼ 67% |
| Retained profit | € 119,642 | € 120,069 | € 115,659 | € 112,244 | ▼ 3% |
| Bank debt | € 207,865 | € 177,165 | € 149,176 | € 130,160 | ▼ 13% |
| Balance sheet total | € 1,342,110 | € 1,313,577 | € 1,184,855 | € 585,967 | ▼ 51% |
Key figures of GL-Projects, 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 GL-Projects?
What happened at GL-Projects in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 3,416. Source: NBB ↗
- Gert Van Ballaert became a director. NBB
- New establishment in Kasterlee. KBO
- Start of the company according to the CBE. KBO
In short
From € 61,029 profit in 2022 to € 3,416 loss in 2025.
Paid € 15,412 in corporate taxes since 2022.
Best year ever: 2022, with € 61,029 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 GL-Projects is Gert Van Ballaert. It owns 100% of GJ Invest itself.
Directors
According to the 2025 annual accounts
Gert Van Ballaert
Director
since 2013
Establishments
Establishment units
Physical locations of this company
Prijstraat 32
2460 Kasterlee
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
- 0823.806.350
- VAT number
- BE 0823.806.350
- Registered office
- Prijstraat 32, 2460 Kasterlee
- Names & denominations
- GL-Projects
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 March 2010
- Peppol
- Active · Active since 14 Jan 2026
- Activities · NACE
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