Financials
Financial year 2025
GIFCO from Modave, company number BE0859802258, closed financial year 2025 with a result of € 25,094 after tax. For that financial year GIFCO recorded a gross margin of € 19,462 and equity of € 782,510. Compared with financial year 2024, the result moved from € 27,884 to € 25,094. 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 August 24, 2026.
€ 782,510
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 25,094
▼ 10% vs 2024
Profit after tax over the fiscal year.
€ 257,396
▼ 36% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 711,755.
Debts at end 2025
€ 277,147
Loans from banks and other lenders, long and short.
€ 2,075
▲ € 1,714 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 25,272
▲ € 21,215 vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 88,227 | € 50,935 | € 1,181 | € 19,462 | ▲ € 18,281 |
| Profit after taxes | € 59,102 | € 45,186 | € 27,884 | € 25,094 | ▼ 10% |
| Equity | € 684,346 | € 729,532 | € 757,416 | € 782,510 | ▲ 3% |
| Total debts | € 342,263 | € 310,402 | € 298,515 | € 324,812 | ▲ 9% |
| Cash | € 562,935 | € 578,613 | € 403,868 | € 257,396 | ▼ 36% |
| Retained profit | € 613,591 | € 658,777 | € 686,661 | € 711,755 | ▲ 4% |
| Bank debt | € 286,693 | € 276,965 | € 276,863 | € 277,147 | |
| Balance sheet total | € 1,151,631 | € 1,164,956 | € 1,055,930 | € 1,107,321 | ▲ 5% |
Key figures of GIFCO, 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 GIFCO?
What happened at GIFCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Jean-Noel GALASSE stepped down as director. NBB
- Sophie GALASSE stepped down as director. NBB
- Audrey GALASSE stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 25,094 (▼ 10% vs 2024). filed late Source: NBB ↗
- Jean-Noel GALASSE became a director. NBB
- Sophie GALASSE became a director. NBB
- Audrey GALASSE became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 59,102 profit in 2022 to € 25,094 profit in 2025.
Paid € 154,622 in corporate taxes since 2022.
Best year ever: 2022, with € 59,102 profit.
Management
It owns 20% of AJM TRADING SARL itself.
Directors
According to the 2025 annual accounts
Jean-Noel GALASSE
Managing director
since 2023 · until 2029
Sophie GALASSE
Director
since 2023 · until 2029
Audrey GALASSE
Director
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Rue Maltrixhes 7
4577 Modave
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0859.802.258
- VAT number
- BE 0859.802.258
- Registered office
- Rue Maltrixhes 7, 4577 Modave
- Names & denominations
- GIFCO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 July 2003
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
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