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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Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Shrinking team NBB
FTE fell two years in a row, from 3 to 2.
Financials
Financial year 2025
GECAZO from Zedelgem, company number BE0415985488, closed financial year 2025 with a result of € -39,846 after tax. For that financial year GECAZO recorded a gross margin of € 37,493 and equity of € -31,078. Compared with financial year 2024, the result moved from € -35,663 to € -39,846. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 23, 2026.
€ -31,078
▼ € 39,846 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -39,846
▼ 12 % more loss than in 2024
Profit after tax over the fiscal year.
€ 6,138
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -49,678.
People and assets in 2025
2
▼ 0.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 63,964
▼ 23% vs 2024
€ 32,000 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.
€ 20,155
▲ 22% vs 2024
Of which on lease € 7,928.
Debts at end 2025
€ 47,908
▲ 32% vs 2024
€ 26,951 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 61,378
▼ 46% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,155
▼ 63% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 58,101 | € 82,902 | € 62,112 | € 37,493 | ▼ 40% |
| Profit after taxes | € -30,441 | € -22,431 | € -35,663 | € -39,846 | ▼ € 4,183 |
| Equity | € 66,863 | € 44,432 | € 8,768 | € -31,078 | ▼ € 39,846 |
| Total debts | € 104,600 | € 115,235 | € 156,024 | € 166,441 | ▲ 7% |
| Cash | € 14,675 | € 6,080 | € 6,136 | € 6,138 | |
| Retained profit | € 48,263 | € 25,832 | € -9,832 | € -49,678 | ▼ € 39,846 |
| Bank debt | € 28,453 | € 32,084 | € 36,309 | € 47,908 | ▲ 32% |
| Balance sheet total | € 242,851 | € 231,055 | € 236,181 | € 206,752 | ▼ 12% |
| Employees (FTE) | 2.8 | 3 | 2.8 | 2 | ▼ 0.8 |
Key figures of GECAZO, 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 GECAZO?
What happened at GECAZO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 39,846. Source: NBB ↗
- Gibo BV became a director. NBB
- New establishment in Zedelgem. KBO
- Start of the company according to the CBE. KBO
In short
From € 30,441 loss in 2022 to € 39,846 loss in 2025.
On average € 18,700 of value added per employee in 2025.
Management
Behind GECAZO is Gibo BV.
Directors
According to the 2025 annual accounts
Director · represented by Bjorn Geebelen
since 2023
Establishments
Establishment units
Physical locations of this company
Sint-Corneliusstraat 10
8210 Zedelgem
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.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0415.985.488
- VAT number
- BE 0415.985.488
- Registered office
- Sint-Corneliusstraat 10, 8210 Zedelgem
- Names & denominations
- GECAZO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 March 1976
- Peppol
- Active · Active since 15 Dec 2025
- Contact
- ducana.be
- Activities · NACE
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