ACTIVE

GE TRANS

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Financial year 2024 · closed on 31/12/2024

Net result

180,9 k €

+40.4% YoY

Gross margin

915,1 k €

+19.5% YoY

Equity

503,5 k €

+56.1% YoY

Workforce

6,1 ETP

What does GE TRANS do?

GE TRANS is a Private limited company incorporated in 2001. Its main activity is: Freight transport by road. Its registered office is in Zwevegem. It employs on average 6,1 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0475.824.293

Incorporation

15/10/2001

Legal form

Private limited company

Registered office

Pannenbakkersstraat(M) 13
8552 Zwevegem · FlandreSee on map

Contributed capital

20 000,00 €

Latest accounts

31/12/2024

Average workforce

6,1 ETP

Activities (NACE)

49410Freight transport by road· main 49410Freight transport by road 60242Television programming and broadcasting activities

Joint committees (2)

140
14003

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	915,1 k €	+19.5%	766 k €	+46.1%	524,4 k €	+62.6%	322,4 k €	-7.0%	346,6 k €	+46.9%	235,9 k €	+235%	70,5 k €	+111%	33,4 k €	-20.3%	41,9 k €	-10.7%	46,9 k €	-19.3%	58,1 k €	-4.5%	60,8 k €	+48.2%	41 k €	-36.4%	64,5 k €	-73.9%	246,8 k €	+64.0%	150,5 k €	-44.0%	268,5 k €	-20.2%	336,3 k €	-13.9%	390,7 k €
EBITDA	375,6 k €	+38.0%	272,3 k €	+126%	120,5 k €	+49.8%	80,4 k €	-37.7%	129,1 k €	+5.6%	122,2 k €	+173%	44,7 k €	+126%	19,8 k €	-30.6%	28,6 k €	-30.8%	41,2 k €	-22.8%	53,4 k €	-1.5%	54,2 k €	+50.3%	36,1 k €	+24.4%	29 k €	-39.2%	47,7 k €	+260%	13,2 k €	-81.2%	70,4 k €	-52.9%	149,5 k €	-0.6%	150,4 k €
Operating result	270,9 k €	+38.5%	195,6 k €	+267%	53,3 k €	+42.1%	37,5 k €	-56.9%	87 k €	+18.6%	73,4 k €	+329%	17,1 k €	+321%	-7,7 k €	-233%	5,8 k €	-57.0%	13,5 k €	-62.4%	36 k €	+1.4%	35,6 k €	+1212%	2,7 k €	+163%	-4,3 k €	+85.0%	-29 k €	+61.5%	-75,2 k €	-51.6%	-49,6 k €	-221%	41,2 k €	+60.1%	25,7 k €
Net result	180,9 k €	+40.4%	128,8 k €	+228%	39,3 k €	+60.3%	24,5 k €	-59.7%	60,8 k €	-5.7%	64,5 k €	+336%	14,8 k €	+268%	-8,8 k €	-362%	3,4 k €	-74.0%	13 k €	-62.7%	34,9 k €	+4.4%	33,4 k €	+14130%	-238,2 €	-101%	23,6 k €	+149%	-47,9 k €	+46.4%	-89,4 k €	-157%	-34,8 k €	-234%	25,9 k €	+163%	9,9 k €
Balance sheet
Equity	503,5 k €	+56.1%	322,6 k €	+32.3%	243,8 k €	+19.2%	204,5 k €	+13.6%	180 k €	+51.0%	119,2 k €	+118%	54,7 k €	+37.0%	39,9 k €	-18.1%	48,8 k €	+7.4%	45,4 k €	+40.2%	32,4 k €	+1394%	-2,5 k €	+93.0%	-35,9 k €	-0.7%	-35,7 k €	+39.8%	-59,3 k €	-422%	-11,4 k €	-115%	78,1 k €	-30.8%	112,9 k €	+26.3%	89,4 k €
Total assets	946,2 k €	+31.5%	719,5 k €	-5.1%	757,9 k €	+133%	325,1 k €	+1.6%	320 k €	+30.1%	245,9 k €	+122%	110,7 k €	-13.7%	128,2 k €	+25.9%	101,9 k €	-9.6%	112,7 k €	+77.4%	63,5 k €	-17.4%	76,9 k €	+37.3%	56 k €	-7.5%	60,5 k €	-73.5%	228,2 k €	-23.2%	297,1 k €	-38.3%	481,9 k €	+34.8%	357,4 k €	-12.7%	409,6 k €
Cash	187,3 k €	+82.6%	102,6 k €	+459%	18,4 k €	-47.5%	35 k €	-74.9%	139,6 k €	+167%	52,2 k €	+163%	19,9 k €	+19.7%	16,6 k €	-24.9%	22,1 k €	+961%	2,1 k €		–		–		–		–		1,2 k €	-95.1%	25,2 k €	-78.7%	118,4 k €	+3.7%	114,2 k €	+55.9%	73,3 k €
Debts	442,7 k €	+17.4%	377,2 k €	-24.0%	495,9 k €	+344%	111,6 k €	-12.3%	127,3 k €	+7.0%	119 k €	+113%	56 k €	-32.7%	83,1 k €	+58.7%	52,4 k €	-21.0%	66,3 k €	+120%	30,1 k €	-62.1%	79,4 k €	-12.8%	91 k €	-5.4%	96,2 k €	-66.5%	287,4 k €	-6.8%	308,5 k €	-23.6%	403,5 k €	+65.1%	244,4 k €	-23.7%	320,1 k €
Other
Workforce	6,1 ETP		–		–		–		–		–		–		–		–		–		–		–		–		1,1 ETP	-77.1%	4,8 ETP	+41.2%	3,4 ETP	-20.9%	4,3 ETP	+7.5%	4,0 ETP	-25.9%	5,4 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 8 ended

Active mandates

Jerino Geeraerts

Director · since 31 août 2023

Active

Karen Bonnaerens

Director · since 31 août 2023

Active

Ended mandates

KAREN BONNAERENS

Manager · since 29 novembre 2017

Ended

JERINO GEERAERTS

Director · since 06 juillet 2009

Ended

JERINO GEERAERTS

Manager · since 06 juillet 2009

Ended

Gustaaf Geeraerts

Manager · since 12 octobre 2001

Ended

At this address

Other companies at this address

Company	CBE no.
NIEUWENHUYSE● Active	0405.357.357

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	19/05/2025	02/08/2024	18/07/2023	24/05/2022	14/06/2021	04/06/2020
General meeting	18/05/2025	20/07/2024	30/06/2023	15/05/2022	17/05/2021	17/05/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2024	18/05/2025	19/05/2025	Dutch	PDF
Micro model	31/12/2023	20/07/2024	02/08/2024	Dutch	PDF
Micro model	31/12/2022	30/06/2023	18/07/2023	Dutch	PDF
Micro model	31/12/2021	15/05/2022	24/05/2022	Dutch	PDF
Micro model	31/12/2020	17/05/2021	14/06/2021	Dutch	PDF
Micro model	31/12/2019	17/05/2020	04/06/2020	Dutch	PDF
Micro model	31/12/2018	19/05/2019	31/05/2019	Dutch	PDF
Abridged model	31/12/2017	22/05/2018	07/06/2018	Dutch	PDF
Abridged model	31/12/2016	21/05/2017	06/06/2017	Dutch	PDF
Abridged model	31/12/2015	17/05/2016	24/05/2016	Dutch	PDF
Abridged model	31/12/2014	17/05/2015	27/05/2015	Dutch	PDF
Abridged model	31/12/2013	18/05/2014	28/05/2014	Dutch	PDF
Abridged model	31/12/2012	21/05/2013	14/06/2013	Dutch	PDF
Abridged model	31/12/2011	20/05/2012	05/06/2012	Dutch	PDF
Abridged model	31/12/2010	15/05/2011	27/05/2011	Dutch	PDF
Abridged model	31/12/2009	25/05/2010	25/05/2010	Dutch	PDF
Abridged model	31/12/2008	17/05/2009	02/06/2009	Dutch	PDF
Abridged model	31/12/2007	18/05/2008	21/05/2008	Dutch	PDF
Abridged model	31/12/2006	20/05/2007	06/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 8 ended

Active mandates

Jerino Geeraerts

Director · since 31 août 2023

Active

Karen Bonnaerens

Director · since 31 août 2023

Active

Ended mandates

KAREN BONNAERENS

Manager · since 29 novembre 2017

Ended

JERINO GEERAERTS

Director · since 06 juillet 2009

Ended

JERINO GEERAERTS

Manager · since 06 juillet 2009

Ended

Gustaaf Geeraerts

Manager · since 12 octobre 2001

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office13/11/2025
MAATSCHAPPELIJKE ZETEL
PDF
Mandates05/04/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Registered office27/08/2019
MAATSCHAPPELIJKE ZETEL
PDF
Mandates21/12/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/02/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/11/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/07/2009
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2024
Annual accounts 2024180,9 k €↑
2023
Annual accounts 2023128,8 k €↑
2022
Annual accounts 202239,3 k €↑
2021
Annual accounts 202124,5 k €↓
2020
Annual accounts 202060,8 k €↓
2019
Annual accounts 201964,5 k €↑
2018
Annual accounts 201814,8 k €↑
2017
Annual accounts 2017-8,8 k €↓
2016
Annual accounts 20163,4 k €↓
2015
Annual accounts 201513 k €↓
2014
Annual accounts 201434,9 k €↑
2013
Annual accounts 201333,4 k €↑
2012
Annual accounts 2012-238,2 €↓
2011
Annual accounts 201123,6 k €↑
2010
Annual accounts 2010-47,9 k €↑
2009
Annual accounts 2009-89,4 k €↓
2008
Annual accounts 2008-34,8 k €↓
2007
Annual accounts 200725,9 k €↑
2006
Annual accounts 20069,9 k €
15/10/2001
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

GE TRANS

Overview

What does GE TRANS do?

Trend over 19 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline