Financials
Financial year 2025
Gico Invest from Tielt, company number BE0899681037, closed financial year 2025 with a result of € 1.5 million after tax. For that financial year Gico Invest recorded revenue of € 610,534 and equity of € 4.7 million. Compared with financial year 2024, the result moved from € -92,950 to € 1.5 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 April 24, 2026.
€ 4.7 million
▲ 46% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.5 million
▲ still € 92,950 loss in 2024
Profit after tax over the fiscal year.
€ 284,915
▲ € 229,702 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 € 3.1 million.
Debts at end 2025
€ 2.8 million
▼ 25% vs 2024
€ 152,013 is repaid this year. At this pace the long-term loan is gone in ≈ 18 years.
€ 64,773
▲ 64% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 220 days on average.
€ 9,616
▲ 21% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 496,695 | € 786,024 | € 499,146 | € 610,534 | ▲ 22% |
| Profit after taxes | € 204,594 | € 208,593 | € -92,950 | € 1,460,966 | ▲ € 1.6 million |
| Equity | € 3,206,359 | € 3,295,621 | € 3,202,671 | € 4,663,637 | ▲ 46% |
| Total debts | € 1,354,894 | € 1,355,557 | € 4,199,812 | € 2,907,836 | ▼ 31% |
| Cash | € 143,275 | € 186,918 | € 55,213 | € 284,915 | ▲ € 229,702 |
| Land & buildings | € 1,625,645 | € 1,727,851 | € 4,610,078 | € 4,237,162 | ▼ 8% |
| Retained profit | € 1,621,341 | € 1,765,495 | € 1,672,546 | € 3,133,511 | ▲ 87% |
| Dividend | € 100,000 | € 64,439 | € 0 | € 0 | |
| Bank debt | € 1,231,024 | € 1,149,851 | € 3,733,082 | € 2,797,140 | ▼ 25% |
| Balance sheet total | € 4,561,253 | € 4,651,178 | € 7,402,483 | € 7,980,604 | ▲ 8% |
Key figures of Gico Invest, 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 Gico Invest?
What happened at Gico Invest in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1.5 million. Source: NBB ↗
- New establishment in Tielt. KBO
- Start of the company according to the CBE. KBO
In short
From € 204,594 profit in 2022 to € 1.5 million profit in 2025.
Paid € 200,391 in corporate taxes since 2022.
Best year ever: 2025, with € 1.5 million profit.
Paid out € 164,439 in dividends to the owners in total.
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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 Gico Invest is Peter Verhelst. It owns 100% of Garage Marcel Verhelst & Zoon, 50% of Traxxion Parts and 50% of Traxxion Group itself.
Directors
According to the 2025 annual accounts
Peter Verhelst
Director
Also active at: GARAGE MARCEL VERHELST EN ZOON, TRAXXION GROUP, BLOK INVEST, TRAXXION PARTS
Establishments
Establishment units
Physical locations of this company
Hondstraat 65
8700 Tielt
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0899.681.037
- VAT number
- BE 0899.681.037
- Registered office
- Hondstraat 65, 8700 Tielt
- Names & denominations
- Gico Invest
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 August 2008
- Peppol
- Active · Active since 20 Mar 2025
- Activities · NACE
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)