Financials
Financial year 2025
GEERT ENGELEN PROJECT from Meerhout, company number BE0826855516, closed financial year 2025 with a result of € 12,235 after tax. For that financial year GEERT ENGELEN PROJECT recorded a gross margin of € 65,366 and equity of € 114,348. Compared with financial year 2024, the result moved from € 13,856 to € 12,235. The company is profitable. 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 June 26, 2026.
€ 114,348
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 12,235
▼ 12% vs 2024
Profit after tax over the fiscal year.
€ 23,161
▲ 13% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 9,568 paid out
78 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 23,662
▼ 50% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 89,938
▼ 16% vs 2024
€ 37,401 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 12,121
▼ 60% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,587
▲ 2% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 68,851 | € 63,724 | € 63,333 | € 65,366 | ▲ 3% |
| Profit after taxes | € 24,138 | € 21,992 | € 13,856 | € 12,235 | ▼ 12% |
| Equity | € 94,768 | € 115,159 | € 111,681 | € 114,348 | ▲ 2% |
| Total debts | € 155,881 | € 139,582 | € 141,730 | € 107,421 | ▼ 24% |
| Cash | € 45,419 | € 47,164 | € 20,519 | € 23,161 | ▲ 13% |
| Land & buildings | € 114,883 | € 102,118 | € 89,353 | € 76,588 | ▼ 14% |
| Retained profit | € 93,968 | € 114,359 | € 110,881 | € 113,548 | ▲ 2% |
| Dividend | € 20,216 | € 1,600 | € 17,334 | € 9,568 | ▼ 45% |
| Bank debt | € 105,622 | € 100,199 | € 106,841 | € 89,938 | ▼ 16% |
| Balance sheet total | € 254,526 | € 254,741 | € 253,410 | € 221,770 | ▼ 12% |
Key figures of GEERT ENGELEN PROJECT, 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 GEERT ENGELEN PROJECT?
What happened at GEERT ENGELEN PROJECT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 12,235 (▼ 12% vs 2024). Source: NBB ↗
- New establishment in Meerhout. KBO
- Start of the company according to the CBE. KBO
In short
From € 24,138 profit in 2022 to € 12,235 profit in 2025.
Paid € 31,688 in corporate taxes since 2022.
Best year ever: 2022, with € 24,138 profit.
Paid out € 48,718 in dividends to the owners in total.
Management
Behind GEERT ENGELEN PROJECT is GEERT ENGELEN.
Directors
According to the 2025 annual accounts
GEERT ENGELEN
Director
Establishments
Establishment units
Physical locations of this company
Hoekstraat 21
2450 Meerhout
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0826.855.516
- VAT number
- BE 0826.855.516
- Registered office
- Hoekstraat 21, 2450 Meerhout
- Names & denominations
- GEERT ENGELEN PROJECT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 June 2010
- Peppol
- Active · Active since 11 Nov 2025
- Activities · NACE
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