Warning lights
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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Tight liquidity NBB
Cash and receivables cover 34 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Ge & S from Dendermonde, company number BE0865012643, closed financial year 2025 with a result of € 74,667 after tax. For that financial year Ge & S recorded a gross margin of € 120,575 and equity of € 2 million. Compared with financial year 2024, the result moved from € 127,910 to € 74,667. 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 May 8, 2026.
€ 2 million
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 74,667
▼ 42% vs 2024
Profit after tax over the fiscal year.
€ 267,507
▲ € 255,140 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 € 941,083.
People and assets in 2025
€ 65,916
▼ 23% vs 2024
Of which on lease € 58,173.
Debts at end 2025
€ 799,587
▲ 109% vs 2024
€ 118,334 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 11,559
▲ 215% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 23,220
▼ 39% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 126,018 | € 108,287 | € 144,732 | € 120,575 | ▼ 17% |
| Profit after taxes | € 93,199 | € 106,958 | € 127,910 | € 74,667 | ▼ 42% |
| Equity | € 1,271,223 | € 1,483,699 | € 1,939,232 | € 2,008,472 | ▲ 4% |
| Total debts | € 1,114,882 | € 1,033,104 | € 986,646 | € 1,614,113 | ▲ 64% |
| Cash | € 16,353 | € 21,769 | € 12,366 | € 267,507 | ▲ € 255,140 |
| Land & buildings | € 154,924 | € 157,244 | € 158,508 | € 527,785 | ▲ 233% |
| Retained profit | € 631,547 | € 738,505 | € 866,416 | € 941,083 | ▲ 9% |
| Bank debt | € 524,426 | € 417,298 | € 383,099 | € 799,587 | ▲ 109% |
| Balance sheet total | € 2,386,104 | € 2,516,803 | € 2,925,878 | € 3,622,585 | ▲ 24% |
Key figures of Ge & S, 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 Ge & S?
What happened at Ge & S in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 74,667 (▼ 42% vs 2024). Source: NBB ↗
- New establishment in Dendermonde. KBO
- Gert De Bruycker became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 93,199 profit in 2022 to € 74,667 profit in 2025.
Paid € 112,525 in corporate taxes since 2022.
Best year ever: 2024, with € 127,910 profit.
Management
Behind Ge & S is Gert De Bruycker. It owns 50% of De Bruycker NV and 10.4% of Q-Group itself.
Directors
According to the 2025 annual accounts
Gert De Bruycker
Director
Also active at: SALAISONS DU HAINAUT, Q-beef, De Bruycker, Q- FOOD, Q-group, Q-food Ardenne, Q-ENERGY, Q-Logistics
since 2004
Establishments
Establishment units
Physical locations of this company
Volaardestraat (STG) 132
9200 Dendermonde
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0865.012.643
- VAT number
- BE 0865.012.643
- Registered office
- Volaardestraat (STG) 132, 9200 Dendermonde
- Names & denominations
- Ge & S
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 April 2004
- Peppol
- Active · Active since 15 Dec 2025
- Activities · NACE
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