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 24 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GANFRACO from Lichtervelde, company number BE0890171572, closed financial year 2025 with a result of € 21,515 after tax. For that financial year GANFRACO recorded a gross margin of € 199,881 and equity of € 133,331. Compared with financial year 2024, the result moved from € -82,300 to € 21,515. 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 April 21, 2026.
€ 133,331
▲ 19% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 21,515
▲ still € 82,300 loss in 2024
Profit after tax over the fiscal year.
€ 13,294
▼ 36% 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 € 107,531.
People and assets in 2025
€ 118,146
▼ 27% vs 2024
Of which on lease € 993.
Debts at end 2025
€ 1.4 million
▼ 1% vs 2024
€ 160,894 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 64,606
▲ 97% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 8,073
▲ 62% 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 | |
|---|---|---|---|---|---|
| Gross margin | € 131,618 | € 151,800 | € 169,520 | € 199,881 | ▲ 18% |
| Profit after taxes | € 29,318 | € 46,322 | € -82,300 | € 21,515 | ▲ € 103,815 |
| Equity | € 147,794 | € 194,117 | € 111,816 | € 133,331 | ▲ 19% |
| Total debts | € 439,330 | € 354,206 | € 1,500,552 | € 1,520,302 | ▲ 1% |
| Cash | € 9,629 | € 9,007 | € 20,811 | € 13,294 | ▼ 36% |
| Land & buildings | € 17,423 | € 16,305 | € 998,226 | € 1,003,251 | ▲ 1% |
| Retained profit | € 121,994 | € 168,317 | € 86,016 | € 107,531 | ▲ 25% |
| Bank debt | € 349,082 | € 253,543 | € 1,401,469 | € 1,382,829 | ▼ 1% |
| Balance sheet total | € 587,124 | € 548,323 | € 1,612,368 | € 1,653,633 | ▲ 3% |
Key figures of GANFRACO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to GANFRACO?
What happened at GANFRACO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 21,515. Source: NBB ↗
- New establishment in Lichtervelde. KBO
- Geert Snaet became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 29,318 profit in 2022 to € 21,515 profit in 2025.
Paid € 7,564 in corporate taxes since 2022.
Best year ever: 2023, with € 46,322 profit.
Management
Behind GANFRACO is Geert Snaet.
Directors
According to the 2025 annual accounts
Geert Snaet
Director
since 2007
Establishments
Establishment units
Physical locations of this company
Kortrijkstraat 9
8810 Lichtervelde
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0890.171.572
- VAT number
- BE 0890.171.572
- Registered office
- Kortrijkstraat 9, 8810 Lichtervelde
- Names & denominations
- GANFRACO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 June 2007
- Peppol
- Active · Active since 19 Dec 2024
- Activities · NACE
Ondersteunende activiteiten in verband met de teelt van gewassen
Diensten in verband met de landbouw; aanleg en onderhoud van tuinen en parken
Goederenvervoer over de weg
Gemengd landbouwbedrijf
Gemengd bedrijf