Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 6 % of short-term debt in 2024; threshold 65 %.
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Busy address KBO
16 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
G-LABEL from Gent, company number BE0887250486, closed financial year 2024 with a result of € 35,183 after tax. For that financial year G-LABEL recorded a gross margin of € 519,384 and equity of € 3.9 million. Compared with financial year 2023, the result moved from € -1,148 to € 35,183. 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 August 22, 2025.
€ 3.9 million
▲ 1% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 35,183
▲ still € 1,148 loss in 2023
Profit after tax over the fiscal year.
€ 41,732
▲ 73% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 3.4 million.
People and assets in 2024
1.4
Average over the fiscal year, from the social balance sheet.
€ 119,155
▲ 6% vs 2023
€ 85,100 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.
€ 45,511
▼ 28% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 330,000
Loans from banks and other lenders, long and short.
€ 274,279
▼ 17% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 44,011
▼ 59% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 5,069,117 | - | - | - | |
| Gross margin | € 416,782 | € 373,115 | € 366,860 | € 519,384 | ▲ 42% |
| Profit after taxes | € 43,219 | € 3,371 | € -1,148 | € 35,183 | ▲ € 36,331 |
| Equity | € 3,870,071 | € 3,873,442 | € 3,872,294 | € 3,907,477 | ▲ 1% |
| Total debts | € 13,568,362 | € 14,163,223 | € 15,987,376 | € 16,981,467 | ▲ 6% |
| Cash | € 59,202 | € 42,517 | € 24,095 | € 41,732 | ▲ 73% |
| Retained profit | € 3,320,071 | € 3,323,442 | € 3,322,294 | € 3,357,477 | ▲ 1% |
| Bank debt | € 380,183 | € 330,000 | € 330,000 | € 330,000 | |
| Balance sheet total | € 17,438,433 | € 18,036,665 | € 19,859,670 | € 20,888,944 | ▲ 5% |
| Employees (FTE) | 1.4 | 1.4 | 1.4 | 1.4 |
Key figures of G-LABEL, 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 G-LABEL?
What happened at G-LABEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 35,183. filed late Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 43,219 profit in 2021 to € 35,183 profit in 2024.
Paid € 51,575 in corporate taxes since 2021.
Best year ever: 2021, with € 43,219 profit.
On average € 371,000 of value added per employee in 2024.
A new publication or filing at G-LABEL? We notify you, reason included.
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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 G-LABEL are John GEERNAERT and Francis GEERNAERT. The same people are also behind GREEN-CORNER, GECOM, C.A.D. HOLDING, Gasthof Den Ever and HERON. John GEERNAERT is also behind MAGECO, MAGECO LEASE and Racketpower. Francis GEERNAERT is also behind THE BARON'S TOO, BELCO FLANDERS, FREESPACE, Belco Construct and HOTEL DUINENWATER.
Directors
According to the 2024 annual accounts
John GEERNAERT
Director
Also active at: GREEN-CORNER, GECOM, MAGECO, C.A.D. HOLDING, Gasthof Den Ever, HERON, MAGECO LEASE, Racketpower
Francis GEERNAERT
Director
Also active at: GREEN-CORNER, GECOM, THE BARON'S TOO, C.A.D. HOLDING, Gasthof Den Ever, BELCO FLANDERS, HERON, FREESPACE +5 more
Establishments
Establishment units
Physical locations of this company
Bellevue 5
9050 Gent
Bellevue 5 box 301
9050 Gent
Active since 15 February 2010
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 16 companies are registered at this address.
All companies at this address →GREEN-CORNER same network
€ 2.1 million gross margin · 2024
MEMLINC SHOPS
€ 12,794 gross margin · 2024
BELCO FLANDERS same network
€ 2.3 million gross margin · 2025
HERON same network
€ 1.1 million gross margin · 2025
Toba HR Solutions
€ 4.6 million gross margin · 2025
+11 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0887.250.486
- VAT number
- BE 0887.250.486
- Registered office
- Bellevue 5, 9050 Gent
- Names & denominations
- G-LABEL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 February 2007
- Peppol
- Active · Active since 21 Nov 2025
- Contact
- g-label.be
- Activities · NACE
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