Financials
Financial year 2025
NANDRIN GALET from Gesves, company number BE0889976582, closed financial year 2025 with a result of € 114,671 after tax. For that financial year NANDRIN GALET recorded a gross margin of € 4.9 million and equity of € 1.1 million. Compared with financial year 2024, the result moved from € 5,573 to € 114,671. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 30, 2026.
€ 1.1 million
▲ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 114,671
▲ € 109,098 vs 2024
Profit after tax over the fiscal year.
€ 369,201
▼ 3% 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 € 1.1 million.
People and assets in 2025
24.5
▲ 8.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.9 million
▲ 38% vs 2024
€ 120,300 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.
€ 2.8 million
▲ 75% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 7.2 million
▲ 12% vs 2024
€ 1.2 million is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 2.2 million
▼ 5% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 384,976
▲ 119% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,587,552 | € 2,909,340 | € 3,673,226 | € 4,944,468 | ▲ 35% |
| Profit after taxes | € 261,687 | € 87,027 | € 5,573 | € 114,671 | ▲ € 109,098 |
| Equity | € 933,839 | € 1,020,867 | € 1,026,440 | € 1,141,111 | ▲ 11% |
| Total debts | € 4,881,753 | € 7,649,985 | € 8,933,066 | € 10,096,404 | ▲ 13% |
| Cash | € 179,346 | € 91,554 | € 378,776 | € 369,201 | ▼ 3% |
| Land & buildings | € 1,420,253 | € 3,625,270 | € 3,486,716 | € 3,406,274 | ▼ 2% |
| Retained profit | € 913,839 | € 1,000,867 | € 1,006,440 | € 1,121,111 | ▲ 11% |
| Bank debt | € 3,223,018 | € 5,268,834 | € 6,429,672 | € 7,204,844 | ▲ 12% |
| Balance sheet total | € 5,815,593 | € 8,670,852 | € 9,959,506 | € 11,237,515 | ▲ 13% |
| Employees (FTE) | 11.5 | 13.9 | 15.8 | 24.5 | ▲ 8.7 |
Key figures of NANDRIN GALET, 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 NANDRIN GALET?
What happened at NANDRIN GALET in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 114,671 (▲ € 109,098 vs 2024). Source: NBB ↗
- New establishment in Assesse. KBO
- New establishment in Gesves. KBO
- David NANDRIN became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 261,687 profit in 2022 to € 114,671 profit in 2025.
Paid € 19,960 in corporate taxes since 2022.
Best year ever: 2022, with € 261,687 profit.
On average € 201,800 of value added per employee in 2025.
Management
Behind NANDRIN GALET is David NANDRIN. David NANDRIN is also behind Francesse.
Directors
According to the 2025 annual accounts
since 2007
Establishments
Establishment units
Physical locations of this company
Francesse 1
5340 Gesves
Francesse 3
5340 Gesves
Active since 11 June 2007
Rue Fontaine Saint-Pierre 1
5330 Assesse
Active since 1 October 2020
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
- 0889.976.582
- VAT number
- BE 0889.976.582
- Registered office
- Francesse 1, 5340 Gesves
- Names & denominations
- NANDRIN GALET
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 June 2007
- Peppol
- Active · Active since 13 Mar 2025
- Activities · NACE
Goederenvervoer over de weg
Bouwrijp maken van terreinen
Verhuur en lease van personenauto’s en andere lichte motorvoertuigen
Handelsbemiddeling in de groothandel in brandstoffen, ertsen, metalen en chemische producten
Verhuur en lease van landbouwmachines en -werktuigen
Verhuur en lease van vrachtwagens
Handelsbemiddeling in brandstoffen, ertsen, metalen en chemische producten
Verhuur van landbouwmachines en -werktuigen
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