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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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Busy address KBO
75 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
G & V ENERGY GROUP from Waregem, company number BE0838523626, closed financial year 2025 with a result of € 42.2 million after tax. For that financial year G & V ENERGY GROUP recorded revenue of € 7.5 million and equity of € 55.7 million. Compared with financial year 2024, the result moved from € 6.1 million to € 42.2 million. Profitable, and profit is growing. 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 July 15, 2026.
€ 55.7 million
▲ 159% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 42.2 million
▲ € 36.1 million vs 2024
Profit after tax over the fiscal year.
€ 902,421
▲ 151% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 8 million paid out
19 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
14.3
▼ 0.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.6 million
▲ 1% vs 2024
€ 111,300 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.
€ 359,942
▲ 32% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.5 million
▼ 65% vs 2024
Loans from banks and other lenders, long and short.
€ 609,862
▼ 11% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 54 days on average.
€ 199,757
▲ 1% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 4,421,803 | € 5,773,390 | € 6,621,577 | € 7,513,476 | ▲ 13% |
| Profit after taxes | € 307,311 | € 14,005,268 | € 6,131,586 | € 42,188,363 | ▲ € 36.1 million |
| Equity | € 1,358,482 | € 15,363,750 | € 21,495,336 | € 55,683,698 | ▲ 159% |
| Total debts | € 50,229,764 | € 47,468,857 | € 56,708,369 | € 45,259,316 | ▼ 20% |
| Cash | € 16,079,549 | € 2,887,767 | € 359,627 | € 902,421 | ▲ 151% |
| Land & buildings | € 10,813 | € 12,687 | € 2,411 | - | |
| Retained profit | € 1,258,482 | € 15,263,750 | € 21,395,336 | € 55,583,698 | ▲ 160% |
| Dividend | € 0 | € 0 | € 0 | € 8,000,000 | |
| Bank debt | € 9,718,750 | € 6,968,750 | € 4,218,750 | € 1,468,750 | ▼ 65% |
| Balance sheet total | € 51,588,246 | € 62,832,607 | € 78,255,227 | € 100,943,014 | ▲ 29% |
| Employees (FTE) | 11.7 | 13.3 | 15.2 | 14.3 | ▼ 0.9 |
Key figures of G & V ENERGY GROUP, 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 G & V ENERGY GROUP?
What happened at G & V ENERGY GROUP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- GREEN HILL COMPANY Bv stepped down as director. NBB
- STEVEN BUYSE stepped down as director. NBB
- QDC-GOVERNANCE Bv stepped down as director. NBB
- BERLONY Bv stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 42.2 million (▲ € 36.1 million vs 2024). Source: NBB ↗
- GREEN HILL COMPANY Bv became a director. NBB
- STEVEN BUYSE became a director. NBB
- QDC-GOVERNANCE Bv became a director. NBB
In short
From € 307,311 profit in 2022 to € 42.2 million profit in 2025.
Paid € 769,276 in corporate taxes since 2022.
Best year ever: 2025, with € 42.2 million profit.
Paid out € 8 million in dividends to the owners in total.
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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
It owns 100% of Breakpoint Food Services, 100% of G&V Caps Energy, 100% of XL Servicestations, 100% of G&V Supply and Logistics, 100% of XL Invest and 100% of Karl Vander Stichele itself.
Directors
According to the 2025 annual accounts
Managing director · represented by XAVIER DEWULF
Also active at: KARL VANDER STICHELE, G&V Supply and Logistics, G&V Caps Energy, Premier Development Fund, PDF INVEST, PDF LAND, PDF CONSTRUCT, PARKZICHT CONSTRUCT +10 more
since 2024 · until 2030
STEVEN BUYSE
Director
Also active at: KARL VANDER STICHELE, G&V Supply and Logistics, G&V Caps Energy, CORPORATE FINANCE CONSULT, UpCo, High 5 Investments, Digital SWAT, ACSW +8 more
since 2024 · until 2030
Chairman of the board · represented by Dirk Clarysse
Also active at: SKT, KARL VANDER STICHELE, G&V Supply and Logistics, G&V Caps Energy, B.B.M. II, Quibits, UpCo, Urbanite Projects +4 more
since 2024 · until 2030
Director · represented by Bernard Buyse
Also active at: LYPO, KARL VANDER STICHELE, G&V Supply and Logistics, G&V Caps Energy, UpCo, XL SERVICESTATIONS, XL INVEST, BREAKPOINT FOOD SERVICES +1 more
since 2024 · until 2030
Establishments
Establishment units
Physical locations of this company
Vredestraat 53
8790 Waregem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 75 companies are registered at this address.
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0838.523.626
- VAT number
- BE 0838.523.626
- Registered office
- Vredestraat 53, 8790 Waregem
- Names & denominations
- G & V ENERGY GROUP
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 July 2011
- Peppol
- Active · Active since 4 Dec 2025
- Activities · NACE
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