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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 27 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GEGO from Namur, company number BE0411671067, closed financial year 2025 with a result of € -154,324 after tax. For that financial year GEGO recorded revenue of € 26.6 million and equity of € 148,654. Compared with financial year 2024, the result moved from € -159,595 to € -154,324. The company made a loss. The buffer shrank hard: equity is 51 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 11, 2026.
€ 148,654
▼ 51% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -154,324
▲ 3 % less loss than in 2024
Profit after tax over the fiscal year.
€ 69,817
▲ 31% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -99,239.
People and assets in 2025
24.6
▼ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.5 million
▼ 5% vs 2024
€ 62,200 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 16,633
▲ 290% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 3 million
▼ 10% vs 2024
€ 176,409 is repaid this year. At this pace the long-term loan is gone in ≈ 14 years.
€ 3.4 million
▲ 17% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 49 days on average.
€ 289,439
▼ 4% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 26,036,757 | € 32,973,239 | € 28,505,026 | € 26,611,134 | ▼ 7% |
| Profit after taxes | € 492,587 | € 292,944 | € -159,595 | € -154,324 | ▲ € 5,271 |
| Equity | € 419,629 | € 462,573 | € 302,978 | € 148,654 | ▼ 51% |
| Total debts | € 7,697,225 | € 7,352,179 | € 7,193,210 | € 6,953,632 | ▼ 3% |
| Cash | € 103,970 | € 131,046 | € 53,120 | € 69,817 | ▲ 31% |
| Land & buildings | € 1,587,123 | € 1,670,501 | € 2,098,422 | € 1,897,650 | ▼ 10% |
| Retained profit | € 171,736 | € 214,680 | € 55,085 | € -99,239 | ▼ € 154,324 |
| Dividend | € 400,000 | € 250,000 | € 0 | € 0 | |
| Bank debt | € 2,702,422 | € 2,934,804 | € 3,325,056 | € 2,998,681 | ▼ 10% |
| Balance sheet total | € 8,144,250 | € 7,844,997 | € 7,521,656 | € 7,124,498 | ▼ 5% |
| Employees (FTE) | 19.4 | 23.2 | 25.1 | 24.6 | ▼ 0.5 |
Key figures of GEGO, 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 GEGO?
What happened at GEGO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- SISOPHAG SA stepped down as director. NBB
- Philippe GEGO stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 154,324. filed late Source: NBB ↗
- SISOPHAG SA became a director. NBB
- Philippe GEGO became a director. NBB
- New establishment in Namur. KBO
- Start of the company according to the CBE. KBO
In short
From € 492,587 profit in 2022 to € 154,324 loss in 2025.
Paid € 291,900 in corporate taxes since 2022.
Best year ever: 2022, with € 492,587 profit.
Paid out € 650,000 in dividends to the owners in total.
A new publication or filing at GEGO? We notify you, reason included.
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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
Directors
According to the 2025 annual accounts
since 2023 · until 2029
Philippe GEGO
Managing director
Also active at: GARAGE MAX GEGO ET FILS, LA CARROSSERIE NAMUROISE, SISOPHAG
since 2023 · until 2029
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Chaussée de Marche(NN) 718
5100 Namur
Chaussée de Marche(JB) 718
5100 Namur
Active since 1 January 1972
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0411.671.067
- VAT number
- BE 0411.671.067
- Registered office
- Chaussée de Marche(NN) 718, 5100 Namur
- Names & denominations
- GEGO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 21 December 1971
- Peppol
- Active · Active since 6 Mar 2025
- Activities · NACE
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Onderhoud en reparatie van auto's
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 motorvoertuigen