Financials
Financial year 2024
General Trading Company from Damme, company number BE0877663423, closed financial year 2024 with a result of € 232,557 after tax. For that financial year General Trading Company recorded a gross margin of € 1.3 million and equity of € 772,960. Compared with financial year 2023, the result moved from € 170,268 to € 232,557. Profitable, and profit is growing. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on December 22, 2025.
€ 772,960
▼ 13% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 232,557
▲ 37% vs 2023
Profit after tax over the fiscal year.
€ 619,503
▲ 71% vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 352,660 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2024
16.8
▲ 0.9 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 689,514
▼ 3% vs 2023
€ 41,000 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.
€ 48,930
▲ 122% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 484,318
▲ 33% vs 2023
€ 91,708 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 36,999
▲ 61% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 190,933
▲ 12% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 685,816 | € 1,100,165 | € 1,304,613 | € 1,314,892 | ▲ 1% |
| Profit after taxes | € 128,652 | € 224,594 | € 170,268 | € 232,557 | ▲ 37% |
| Equity | € 498,200 | € 722,795 | € 893,063 | € 772,960 | ▼ 13% |
| Total debts | € 1,047,057 | € 1,220,594 | € 1,255,483 | € 1,649,116 | ▲ 31% |
| Cash | € 521,641 | € 758,990 | € 362,141 | € 619,503 | ▲ 71% |
| Retained profit | € 478,200 | € 702,795 | € 873,063 | € 752,960 | ▼ 14% |
| Dividend | € 0 | € 0 | € 0 | € 352,660 | |
| Bank debt | € 485,000 | € 425,000 | € 365,000 | € 484,318 | ▲ 33% |
| Balance sheet total | € 1,545,257 | € 1,943,389 | € 2,148,546 | € 2,422,077 | ▲ 13% |
| Employees (FTE) | 10.1 | 15.4 | 15.9 | 16.8 | ▲ 0.9 |
Key figures of General Trading Company, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to General Trading Company?
What happened at General Trading Company in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 232,557 (▲ 37% vs 2023). filed late Source: NBB ↗
- New establishment in Brugge. KBO
- New establishment in Brugge. KBO
- New establishment in Brugge. KBO
- New establishment in Damme. KBO
- Start of the company according to the CBE. KBO
In short
From € 128,652 profit in 2021 to € 232,557 profit in 2024.
Paid € 226,901 in corporate taxes since 2021.
Best year ever: 2024, with € 232,557 profit.
On average € 78,300 of value added per employee in 2024.
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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 General Trading Company is Dirk Van den Bossche.
Directors
According to the 2024 annual accounts
Dirk Van den Bossche
Director
Establishments
Establishment units
Physical locations of this company
Vossenberg 7
8340 Damme
Wollestraat 29 box D
8000 Brugge
Active since 15 February 2015
Riddersstraat 15
8000 Brugge
Active since 1 April 2019
Steenhouwersdijk 3
8000 Brugge
Active since 15 March 2019
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
- 0877.663.423
- VAT number
- BE 0877.663.423
- Registered office
- Vossenberg 7, 8340 Damme
- Names & denominations
- General Trading Company · Genco
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 December 2005
- Peppol
- Active · Active since 12 Feb 2024
- Activities · NACE
Activiteiten van musea en collecties
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Organisatie van congressen en beurzen
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Groothandel in huishoudtextiel en beddengoed
Activiteiten van adviesbureaus op het gebied van public relations en communicatie
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