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 47 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Fietsen De Geus from Mortsel, company number BE0885207647, closed financial year 2025 with a result of € 97,900 after tax. For that financial year Fietsen De Geus recorded a gross margin of € 3.7 million and equity of € 1.4 million. Compared with financial year 2024, the result moved from € -520,587 to € 97,900. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on May 26, 2026.
€ 1.4 million
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 97,900
▲ still € 520,587 loss in 2024
Profit after tax over the fiscal year.
€ 662,139
▲ 104% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 40,000 paid out
41 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
47.9
▼ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3 million
▲ 3% vs 2024
€ 62,300 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.
€ 24,688
▼ 51% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2.1 million
▼ 19% vs 2024
€ 446,710 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 690,074
▼ 20% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 599,083
▲ 7% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,210,313 | € 3,071,731 | € 3,156,656 | € 3,727,393 | ▲ 18% |
| Profit after taxes | € 98,900 | € 206,208 | € -520,587 | € 97,900 | ▲ € 618,487 |
| Equity | € 1,615,809 | € 1,822,017 | € 1,301,429 | € 1,359,329 | ▲ 4% |
| Total debts | € 3,403,526 | € 4,428,913 | € 4,339,705 | € 3,733,337 | ▼ 14% |
| Cash | € 195,893 | € 261,118 | € 324,785 | € 662,139 | ▲ 104% |
| Land & buildings | € 588,907 | € 358,676 | € 208,401 | € 64,487 | ▼ 69% |
| Retained profit | € 1,597,209 | € 1,803,417 | € 1,282,829 | € 1,340,729 | ▲ 5% |
| Dividend | € 0 | € 0 | € 0 | € 40,000 | |
| Bank debt | € 1,821,400 | € 2,970,570 | € 2,566,212 | € 2,091,398 | ▼ 19% |
| Balance sheet total | € 5,019,335 | € 6,250,929 | € 5,641,134 | € 5,092,666 | ▼ 10% |
| Employees (FTE) | 34 | 42.2 | 48.1 | 47.9 | ▼ 0.2 |
Key figures of Fietsen De Geus, 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 Fietsen De Geus?
What happened at Fietsen De Geus in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 97,900. Source: NBB ↗
- Caroline De Mulder became a director. NBB
- New establishment in Antwerpen. KBO
- New establishment in Schoten. KBO
- New establishment in Mortsel. KBO
- Indejo NV became a director. NBB
- VDH BV became a director. NBB
- New establishment in Edegem. KBO
In short
From € 98,900 profit in 2022 to € 97,900 profit in 2025.
Paid € 69,032 in corporate taxes since 2022.
Best year ever: 2023, with € 206,208 profit.
On average € 77,800 of value added per employee in 2025.
Management
Behind Fietsen De Geus are Indejo NV, VDH BV and Caroline De Mulder.
Establishments
Establishment units
Physical locations of this company
Groenstraat 31
2640 Mortsel
Marnixplaats 4
2000 Antwerpen
Active since 24 November 2006
Grotesteenweg 95
2600 Antwerpen
Active since 4 September 2017
Geuzenstraat 11-13
2000 Antwerpen
Active since 2 January 2020
Trooststraat 34-36
2650 Edegem
Active since 5 January 2021
Theofiel Van Cauwenberghslei 101
2900 Schoten
Active since 28 February 2023
Grotesteenweg 77
2600 Antwerpen
Active since 1 October 2023
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0885.207.647
- VAT number
- BE 0885.207.647
- Registered office
- Groenstraat 31, 2640 Mortsel
- Names & denominations
- Fietsen De Geus
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 November 2006
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
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