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 0 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GANEMEDE BELGIUM from Tournai, company number BE0893651595, closed financial year 2025 with a result of € 24.1 million after tax. For that financial year GANEMEDE BELGIUM recorded a gross margin of € -19,663 and equity of € 929 million. Compared with financial year 2024, the result moved from € 20.3 million to € 24.1 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 6, 2026.
€ 929 million
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 24.1 million
▲ 19% vs 2024
Profit after tax over the fiscal year.
€ 960,082
▲ 1% 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 € 706 million.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 18,580
▼ 59% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | - | € -37,760 | € -56,109 | € -19,663 | ▲ € 36,446 |
| Profit after taxes | € 14,917,177 | € 20,064,663 | € 20,278,497 | € 24,111,630 | ▲ 19% |
| Equity | € 864,550,323 | € 884,614,986 | € 904,893,483 | € 929,005,113 | ▲ 3% |
| Total debts | € 613,606,393 | € 588,426,592 | € 568,542,586 | € 536,409,913 | ▼ 6% |
| Cash | € 3,086,696 | € 338,438 | € 952,479 | € 960,082 | ▲ 1% |
| Retained profit | € 641,550,323 | € 661,614,986 | € 681,893,483 | € 706,005,113 | ▲ 4% |
| Balance sheet total | € 1,478,156,715 | € 1,473,041,578 | € 1,473,436,069 | € 1,465,415,026 | ▼ 1% |
Key figures of GANEMEDE BELGIUM, 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 GANEMEDE BELGIUM?
What happened at GANEMEDE BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Jean-Luc Mulliez stepped down as director. NBB
- Christine Gourlet stepped down as director. NBB
- Olivier Mulliez stepped down as director. NBB
- Gilles Mulliez stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 24.1 million (▲ 19% vs 2024). Source: NBB ↗
- Jean-Luc Mulliez became a director. NBB
- Christine Gourlet became a director. NBB
- Olivier Mulliez became a director. NBB
In short
From € 14.9 million profit in 2022 to € 24.1 million profit in 2025.
Paid € 3.5 million in corporate taxes since 2022.
Best year ever: 2025, with € 24.1 million profit.
Management
Directors
According to the 2025 annual accounts
since 2026 · until 2032
Christine Gourlet
Director
since 2026 · until 2032
since 2026 · until 2032
Gilles Mulliez
Director
since 2026 · until 2032
Establishments
Establishment units
Physical locations of this company
Rue du Progrès(FRY) 4B
7503 Tournai
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
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+3 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
- 0893.651.595
- VAT number
- BE 0893.651.595
- Registered office
- Rue du Progrès(FRY) 4B, 7503 Tournai
- Names & denominations
- GANEMEDE BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 November 2007
- Peppol
- Active · Active since 16 Dec 2025