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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 13 % of short-term debt in 2025; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2022.
Financials
Financial year 2025
GES-L from Visé, company number BE0869939748, closed financial year 2025 with a result of € 19,739 after tax. For that financial year GES-L recorded a gross margin of € 28,971 and equity of € -186,151. Compared with financial year 2024, the result moved from € -8,913 to € 19,739. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ -186,151
▲ € 19,739 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 19,739
▲ still € 8,913 loss in 2024
Profit after tax over the fiscal year.
€ 23,183
▲ € 22,794 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 € -204,751.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1,480
▼ 1% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,463
▲ € 5,987 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 | |
|---|---|---|---|---|---|
| Revenue | € 9,170 | - | - | - | |
| Gross margin | € 1,824 | € -4,689 | € 305 | € 28,971 | ▲ € 28,666 |
| Profit after taxes | € -10,288 | € -16,456 | € -8,913 | € 19,739 | ▲ € 28,652 |
| Equity | € -180,520 | € -196,976 | € -205,889 | € -186,151 | ▲ € 19,739 |
| Total debts | € 213,213 | € 219,139 | € 218,103 | € 217,163 | |
| Cash | € 3,879 | € 913 | € 388 | € 23,183 | ▲ € 22,794 |
| Retained profit | € -199,120 | € -215,576 | € -224,489 | € -204,751 | ▲ € 19,739 |
| Balance sheet total | € 32,693 | € 22,163 | € 12,213 | € 31,012 | ▲ 154% |
Key figures of GES-L, 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 GES-L?
What happened at GES-L in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 19,739. filed late Source: NBB ↗
- Frank BOUVET became a director. NBB
- New establishment in Visé. KBO
- Start of the company according to the CBE. KBO
In short
From € 10,288 loss in 2022 to € 19,739 profit in 2025.
Best year ever: 2025, with € 19,739 profit.
Management
Behind GES-L is Frank BOUVET.
Directors
According to the 2025 annual accounts
Frank BOUVET
Director
since 2011
Establishments
Establishment units
Physical locations of this company
Rue des Ecoles(VIS) 55 box B
4600 Visé
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0869.939.748
- VAT number
- BE 0869.939.748
- Registered office
- Rue des Ecoles(VIS) 55 bus B, 4600 Visé
- Names & denominations
- GES-L
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 November 2004
- Peppol
- Active · Active since 12 Jan 2026
- Activities · NACE
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