gEUS.
Annual accounts 2025
micro format, filed on 25-03-2026, 128 days before the deadline€93,157
▼ 23.1%
€82,151
▼ 25.6%
€59,655
▼ 31.4%
€62,737
▼ 3.0%
55.5%
▼ 0.1 percentage points
1.37
▲ 0.09
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €190,000. Estimated: probably between €140,000 and €240,000.
Balance sheet
balance sheet total €1.0m on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
55.5%
Higher than 50% of 39,364 companies in 2025.
1.37
Higher than 36% of 38,048 companies in 2025.
5.9%
Higher than 33% of 38,520 companies in 2025.
gEUS.
Middle half of the sector
80% of the sector
Micro accounts in head offices and management consultancy (NACE 70)
Net result: middle half · Equity: top quarter · Balance sheet total: top quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||
20/58 |
1.0m | 1.1m | 1.2m | 1.2m | 978,177 | 1.1m | 1.1m | 764,430 | 330,723 | 237,744 | 227,644 | |
21/28 |
772,227 | 781,406 | 788,787 | 791,417 | 744,855 | 922,923 | 921,884 | 611,895 | 272,130 | 193,718 | 190,000 | |
22/27 |
149,928 | 159,107 | 166,489 | 169,119 | 126,476 | 3,984 | 7,532 | 6,191 | 11,748 | 3,718 | - | |
22 |
148,549 | 154,566 | 160,584 | 161,149 | 121,969 | - | - | - | - | - | - | |
23 |
1,379 | 4,541 | 5,905 | 6,701 | - | 1,555 | 3,533 | 2,770 | 5,186 | 3,718 | - | |
24 |
- | - | 0 | 1,269 | 4,507 | 2,429 | 3,999 | 3,421 | 6,562 | - | - | |
28 |
622,299 | 622,299 | 622,299 | 622,299 | 618,379 | 918,939 | 914,352 | 605,704 | 260,382 | 190,000 | 190,000 | |
29/58 |
232,549 | 294,964 | 366,066 | 375,178 | 233,322 | 192,933 | 185,635 | 152,535 | 58,593 | 44,026 | 37,644 | |
40/41 |
228,062 | 291,523 | 361,250 | 254,770 | 184,952 | 192,197 | 169,987 | 139,223 | 12,250 | 14,170 | 4,376 | |
40 |
0 | 17,762 | 25,325 | 22,950 | 18,884 | - | 20,286 | - | 12,155 | 14,170 | 4,356 | |
41 |
228,062 | 273,761 | 335,925 | 231,821 | 166,068 | 192,197 | 149,702 | 139,223 | 96 | - | 20 | |
54/58 |
4,377 | 676 | 3,514 | 119,081 | 47,649 | 736 | 15,648 | 13,312 | 46,342 | 29,856 | 33,268 | |
490/1 |
110 | 2,764 | 1,302 | 1,326 | 722 | - | - | - | - | - | - | |
| Balance sheet: equity and liabilities | ||||||||||||
10/49 |
1.0m | 1.1m | 1.2m | 1.2m | 978,177 | 1.1m | 1.1m | 764,430 | 330,723 | 237,744 | 227,644 | |
10/15 |
558,020 | 598,365 | 611,343 | 501,469 | 349,870 | 276,011 | 248,420 | 156,579 | 80,599 | 36,547 | 31,676 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
13 |
539,420 | 579,765 | 592,743 | 482,869 | 331,270 | 257,411 | 229,820 | 137,979 | 61,999 | 17,947 | 13,076 | |
130/1 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
1311 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | |
132 |
19,768 | 19,768 | 19,768 | 19,768 | 19,768 | 21,131 | 21,131 | 20,742 | 20,426 | 2,400 | - | |
133 |
517,792 | 558,137 | 571,115 | 461,241 | 309,642 | 234,420 | 206,829 | 115,377 | 39,713 | 13,687 | 11,216 | |
14 |
0 | 0 | 0 | - | - | - | - | - | - | - | - | |
17/49 |
446,756 | 478,005 | 543,510 | 665,126 | 628,307 | 839,845 | 859,099 | 607,851 | 250,124 | 201,197 | 195,968 | |
17 |
273,534 | 244,538 | 355,685 | 469,831 | 564,307 | 767,196 | 767,315 | 463,197 | 182,807 | 134,087 | 145,172 | |
170/4 |
273,534 | 244,538 | 355,685 | 405,749 | 455,862 | 689,000 | 704,403 | 463,197 | 182,807 | 134,087 | 145,172 | |
178/9 |
- | - | 0 | 64,082 | 108,444 | 78,196 | 62,912 | - | - | - | - | |
42/48 |
169,812 | 230,317 | 186,050 | 192,469 | 61,194 | 67,303 | 83,373 | 141,473 | 65,847 | 66,027 | 50,796 | |
42 |
31,004 | 111,147 | 50,064 | 140,113 | 38,595 | 33,741 | 33,019 | 32,634 | 11,791 | 11,590 | 10,894 | |
43 |
10,439 | 0 | 55,000 | 33,467 | 10,000 | 13,709 | 13,686 | 12,500 | - | - | - | |
430/8 |
10,439 | 0 | 55,000 | 33,467 | 10,000 | 13,709 | 13,686 | 12,500 | - | - | - | |
44 |
7,803 | 1,736 | 2,648 | 4,029 | 1,096 | 2,841 | 2,121 | 1,101 | 2,310 | 3,592 | 636 | |
440/4 |
7,803 | 1,736 | 2,648 | 4,029 | 1,096 | 2,841 | 2,121 | 1,101 | 2,310 | 3,592 | 636 | |
45 |
20,567 | 17,435 | 17,359 | 11,949 | 11,504 | 14,866 | 17,369 | 29,643 | 16,229 | 17,095 | 8,355 | |
450/3 |
20,567 | 17,435 | 17,359 | 11,949 | 11,504 | 14,866 | 17,369 | 29,643 | 16,229 | 17,095 | 8,355 | |
47/48 |
100,000 | 100,000 | 60,979 | 2,911 | - | 2,146 | 17,177 | 65,595 | 35,516 | 33,751 | 30,912 | |
492/3 |
3,410 | 3,150 | 1,775 | 2,827 | 2,806 | 5,346 | 8,411 | 3,181 | 1,470 | 1,083 | - | |
| Income statement | ||||||||||||
76A |
0 | 7,140 | 42 | - | 826 | - | - | - | - | - | - | |
9900 |
93,157 | 121,183 | 238,091 | 209,834 | 125,306 | 48,242 | 158,735 | 121,436 | 68,951 | 15,244 | 22,492 | |
630 |
9,179 | 9,338 | 10,172 | 7,861 | 18,691 | 3,548 | 5,471 | 6,827 | 6,404 | 1,859 | - | |
640/8 |
1,827 | 1,447 | 1,211 | 1,452 | 910 | 1,514 | 867 | 810 | 919 | 628 | 143 | |
66A |
- | - | - | - | 1,232 | - | - | - | - | - | - | |
9901 |
82,151 | 110,398 | 226,708 | 200,520 | 104,472 | 43,180 | 152,397 | 113,799 | 61,629 | 12,757 | 22,349 | |
75/76B |
12,362 | 17,400 | 14,227 | 11,112 | 10,045 | 10,444 | 8,841 | 6,996 | 437 | 26 | 3 | |
75 |
12,362 | 17,400 | 14,227 | 11,112 | 10,045 | 10,444 | 8,841 | 6,996 | 437 | 26 | 3 | |
65/66B |
12,664 | 10,536 | 11,822 | 12,622 | 15,048 | 16,046 | 13,379 | 9,578 | 3,882 | 4,701 | 1,058 | |
65 |
12,664 | 10,536 | 11,822 | 12,622 | 14,763 | 16,046 | 13,379 | 9,578 | 3,882 | 4,701 | 1,058 | |
66B |
- | - | - | - | 286 | - | - | - | - | - | - | |
9903 |
81,849 | 117,262 | 229,112 | 199,010 | 99,469 | 37,578 | 147,859 | 111,217 | 58,184 | 8,081 | 21,294 | |
67/77 |
22,194 | 30,241 | 59,239 | 47,410 | 25,611 | 9,186 | 40,019 | 34,436 | 14,132 | 3,210 | 8,217 | |
9904 |
59,655 | 87,022 | 169,874 | 151,600 | 73,858 | 28,392 | 107,840 | 76,781 | 44,052 | 4,871 | 13,076 | |
789 |
- | - | - | - | 1,363 | - | - | - | 1,037 | - | - | |
689 |
- | - | - | - | - | - | 389 | 316 | 19,063 | 2,400 | - | |
9905 |
59,655 | 87,022 | 169,874 | 151,600 | 75,221 | 28,392 | 107,452 | 76,464 | 26,026 | 2,471 | 13,076 | |
| Appropriation of the result | ||||||||||||
9906 |
59,655 | 87,022 | 169,874 | 151,600 | 75,221 | 28,392 | 107,452 | 76,464 | 26,026 | 2,471 | 13,076 | |
791/2 |
40,345 | 12,978 | - | - | - | - | - | - | - | - | - | |
691/2 |
- | 0 | 109,874 | 151,600 | 75,221 | 27,592 | 91,452 | 75,664 | 26,026 | 2,471 | 13,076 | |
6920 |
- | - | - | - | - | - | - | - | - | - | 1,860 | |
6921 |
- | 0 | 109,874 | 151,600 | 75,221 | 27,592 | 91,452 | 75,664 | 26,026 | 2,471 | 11,216 | |
694/7 |
100,000 | 100,000 | 60,000 | - | - | 800 | 16,000 | 800 | - | - | - | |
694 |
100,000 | 100,000 | 60,000 | - | - | 800 | 1,000 | 800 | - | - | - | |
695 |
- | - | - | - | - | - | 15,000 | - | - | - | - | |
| Document | ||||||||||||
The notes to these accounts have 16 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 25-03-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 25-03-2026 | 2026-00069803 | |
| 31-12-2024 | micro format | 12-06-2025 | 2025-00166010 | |
| 31-12-2023 | micro format | 25-03-2024 | 2024-00048767 | |
| 31-12-2022 | abbreviated format | 27-06-2023 | 2023-00186800 | |
| 31-12-2021 | abbreviated format | 17-06-2022 | 2022-20070383 | |
| 31-12-2020 | abbreviated format | 30-06-2021 | 2021-27600558 | |
| 31-12-2019 | abbreviated format | 10-07-2020 | 2020-28600199 | |
| 31-12-2018 | abbreviated format | 28-06-2019 | 2019-25700477 | |
| 31-12-2017 | abbreviated format | 06-07-2018 | 2018-31100250 | |
| 31-12-2016 | abbreviated format | 19-06-2017 | 2017-18600413 | |
| 31-12-2015 | abbreviated format | 23-06-2016 | 2016-21900527 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 91,330 | 119,736 | 236,880 | 208,381 | 123,164 | 46,728 | 157,868 | 120,626 | 68,032 | 14,616 | - | ||
| 68,834 | 96,360 | 180,046 | 159,461 | 92,550 | 31,940 | 113,312 | 83,608 | 50,455 | 6,730 | - | ||
| 0 | 1,957 | 9,327 | 54,424 | 142,601 | 4,587 | 315,461 | 346,592 | 85,853 | 5,577 | 190,000 | ||
| 3,700 | -2,837 | -115,568 | 71,433 | 46,912 | -14,911 | 2,335 | -33,030 | 16,486 | -3,412 | - | ||
| 62,737 | 64,647 | 180,016 | 182,709 | 172,128 | 125,630 | 102,262 | 11,063 | -7,255 | -22,002 | -13,152 | ||
| 55.5% | 55.6% | 52.9% | 43.0% | 35.8% | 24.7% | 22.4% | 20.5% | 24.4% | 15.4% | 13.9% | ||
| 1.37 | 1.28 | 1.97 | 1.95 | 3.81 | 2.87 | 2.23 | 1.08 | 0.89 | 0.67 | 0.74 | ||
| 0.80 | 0.80 | 0.89 | 1.33 | 1.80 | 3.04 | 3.46 | 3.88 | 3.10 | 5.51 | 6.19 | ||
| 10.7% | 14.5% | 27.8% | 30.2% | 21.1% | 10.3% | 43.4% | 49.0% | 54.7% | 13.3% | 41.3% | ||
| 5.9% | 8.1% | 14.7% | 13.0% | 7.6% | 2.5% | 9.7% | 10.0% | 13.3% | 2.0% | 5.7% | ||
| 7.21 | 11.36 | 20.04 | 16.51 | 8.34 | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Securities and guarantees
on own assets and for others| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Debts secured on the company's own assets | - | - | - | €284,763 | €109,682 |
| Debts guaranteed by Belgian public bodies | - | - | - | €90,077 | €117,136 |
| Mortgages, amount registered | €125,000 | €125,000 | €125,000 | €131,250 | €131,250 |
| €112,156 | €112,156 | €112,156 | €112,156 | €209,000 | |
| Carrying value of the mortgaged assets | €148,549 | €154,566 | €160,584 | €161,149 | €121,969 |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €1,957 | €9,327 | €50,504 | €142,601 |
| Financial fixed assets | - | - | - | €3,920 | - |
| €9,179 | €9,338 | €10,172 | €7,861 | €18,691 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on gEUS.
The operating result for 2025 is 26% lower than in 2024 and the lowest since 2020. It is the second fall in a row.
Debt's share of the balance-sheet total rises from 44.4% to 44.5%. Equity and debt are lower.