Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 35 % of short-term debt in 2024; threshold 65 %.
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Busy address KBO
12 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
GG05 from Gent, company number BE0892560940, closed financial year 2024 with a result of € -402,610 after tax. For that financial year GG05 recorded a gross margin of € 643,540 and equity of € 2.6 million. Compared with financial year 2023, the result moved from € -96,379 to € -402,610. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 18, 2025.
€ 2.6 million
▼ 14% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -402,610
▼ 318 % more loss than in 2023
Profit after tax over the fiscal year.
€ 202,163
▲ 94% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 2.5 million.
People and assets in 2024
0
Average over the fiscal year, from the social balance sheet.
€ 204,887
▼ 24% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 5.9 million
▲ 15% vs 2023
€ 337,911 is repaid this year. At this pace the long-term loan is gone in ≈ 17 years.
€ 66,554
▼ 40% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 32,739
▲ 8% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 1,007,390 | € 1,140,394 | € 654,039 | € 643,540 | ▼ 2% |
| Profit after taxes | € 355,142 | € 534,556 | € -96,379 | € -402,610 | ▼ € 306,231 |
| Equity | € 2,542,097 | € 3,076,654 | € 2,980,274 | € 2,577,664 | ▼ 14% |
| Total debts | € 5,708,219 | € 5,365,743 | € 5,351,753 | € 6,497,196 | ▲ 21% |
| Cash | € 86,436 | € 266,375 | € 104,264 | € 202,163 | ▲ 94% |
| Land & buildings | € 7,589,959 | € 7,944,899 | € 7,851,517 | € 8,586,418 | ▲ 9% |
| Retained profit | € 2,480,097 | € 3,014,654 | € 2,918,274 | € 2,515,664 | ▼ 14% |
| Bank debt | € 5,365,581 | € 5,026,932 | € 5,098,713 | € 5,870,038 | ▲ 15% |
| Balance sheet total | € 8,250,316 | € 8,522,954 | € 8,401,815 | € 9,142,021 | ▲ 9% |
Key figures of GG05, 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 GG05?
What happened at GG05 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 402,610. Source: NBB ↗
- Sabrina Roeland became a director. NBB
- Peter Garré became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 355,142 profit in 2021 to € 402,610 loss in 2024.
Paid € 71,681 in corporate taxes since 2021.
Best year ever: 2022, with € 534,556 profit.
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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 GG05 are Sabrina Roeland and Peter Garré. Peter Garré is also behind BOPRO_Project Managment, Ontwikkeling Denderleeuw Centrum, BOPRO REAL ESTATE SERVICES, Zonneberg and BOPRO SUSTAINABLE INVESTMENTS.
Directors
According to the 2024 annual accounts
Sabrina Roeland
Director
since 2023
Peter Garré
Managing director
Also active at: BOPRO_Project Managment, Ontwikkeling Denderleeuw Centrum, BOPRO REAL ESTATE SERVICES, Zonneberg, BOPRO SUSTAINABLE INVESTMENTS, Blue Open, Blue Gate Antwerp Development, BlueChem Building +6 more
since 2023
Establishments
Establishment units
Physical locations of this company
Oude Houtlei 140
9000 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 12 companies are registered at this address.
All companies at this address →BOPRO_Project Managment same network
€ 6.7 million revenue · 2024
Ontwikkeling Denderleeuw Centrum same network
€ -3,620 gross margin · 2024
BOPRO REAL ESTATE SERVICES same network
€ -51,660 gross margin · 2024
BOPRO SUSTAINABLE INVESTMENTS same network
€ 4.5 million revenue · 2024
BlueChem Building same network
€ 315,227 gross margin · 2025
+7 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0892.560.940
- VAT number
- BE 0892.560.940
- Registered office
- Oude Houtlei 140, 9000 Gent
- Names & denominations
- GG05
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 4 October 2007
- Peppol
- Active · Active since 6 Nov 2025
- Activities · NACE
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