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
GISA INVEST from Houthulst, company number BE0836674092, closed financial year 2025 with a result of € -125,282 after tax. For that financial year GISA INVEST recorded a gross margin of € -51,717 and equity of € 196,813. Compared with financial year 2024, the result moved from € -45,309 to € -125,282. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 27, 2026.
€ 196,813
▼ 39% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -125,282
▼ 177 % more loss than in 2024
Profit after tax over the fiscal year.
€ 49,085
▼ 27% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -323,187.
People and assets in 2025
€ 24,234
▼ 84% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 185,707
▼ 31% vs 2024
Of which on lease € 156,727.
Debts at end 2025
€ 288,340
▼ 28% vs 2024
€ 96,900 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 460
▼ 92% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,006
▼ 95% 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 | € 200,763 | € 307,255 | € 216,870 | € -51,717 | ▼ € 268,587 |
| Profit after taxes | € -6,316 | € -168,868 | € -45,309 | € -125,282 | ▼ € 79,974 |
| Equity | € 536,272 | € 367,404 | € 322,095 | € 196,813 | ▼ 39% |
| Total debts | € 846,828 | € 1,077,475 | € 1,346,177 | € 915,387 | ▼ 32% |
| Cash | € 216,147 | € 85,413 | € 66,852 | € 49,085 | ▼ 27% |
| Retained profit | € 16,272 | € -152,596 | € -197,905 | € -323,187 | ▼ € 125,282 |
| Bank debt | € 641,224 | € 514,845 | € 398,287 | € 288,340 | ▼ 28% |
| Balance sheet total | € 1,383,099 | € 1,444,879 | € 1,668,272 | € 1,112,200 | ▼ 33% |
Key figures of GISA INVEST, 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 GISA INVEST?
What happened at GISA INVEST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 125,282. filed late Source: NBB ↗
- Sandy Mersy became a director. NBB
- New establishment in Houthulst. KBO
- Gino Lippens became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 6,316 loss in 2022 to € 125,282 loss in 2025.
Paid € 3,732 in corporate taxes since 2022.
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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 GISA INVEST are Gino Lippens and Sandy Mersy. The same people are also behind Renov8 and GISA VASTGOED. Gino Lippens is also behind HEER ALBERT, TJOP'S, Paola Margherita, Terra Houthulst and RenTerra.
Directors
According to the 2025 annual accounts
Gino Lippens
Director
Also active at: HEER ALBERT, TJOP'S, Paola Margherita, Renov8, Terra Houthulst, RenTerra, RenProjects, Frontstage +5 more
since 2011
since 2021
Establishments
Establishment units
Physical locations of this company
Stokstraat 19
8650 Houthulst
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
All companies at this address →Renofield
€ 1.4 million gross margin · 2025
Renonline same network
€ -82,108 gross margin · 2025
RenCo Koksijde
€ -34,382 gross margin · 2025
GISA VASTGOED same network
€ 50,608 gross margin · 2025
CaliHub same network
€ 15,801 gross margin · 2025
+2 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0836.674.092
- VAT number
- BE 0836.674.092
- Registered office
- Stokstraat 19, 8650 Houthulst
- Names & denominations
- GISA INVEST
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 May 2011
- Peppol
- Active · Active since 5 Dec 2025
- Activities · NACE
Activiteiten van ingenieurs en aanverwante technische adviseurs, exclusief landmeters-experts
Activiteiten van bouwarchitecten
Productie van video en film, muv bioscoop- en televisiefilms
Activiteiten van stedebouwkundige en tuin- en landschapsarchitecten
Maken van geluidsopnamen
Ontwikkeling van residentiële bouwprojecten
Overige zakelijke dienstverlening, neg
Handel in eigen onroerend goed