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 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
GECO from Stekene, company number BE0425292342, closed financial year 2025 with a result of € -1,312 after tax. For that financial year GECO recorded a gross margin of € 12,290 and equity of € -256,524. Compared with financial year 2024, the result moved from € -7,644 to € -1,312. 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 June 19, 2026.
€ -256,524
▼ € 1,312 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1,312
▲ 83 % less loss than in 2024
Profit after tax over the fiscal year.
€ 32,473
▼ 9% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -318,024.
People and assets in 2025
€ 4,354
▼ 69% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 5,089
▼ 18% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 289
▼ 81% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 13,402 | € 4,891 | € 6,135 | € 12,290 | ▲ 100% |
| Profit after taxes | € -260 | € -8,074 | € -7,644 | € -1,312 | ▲ € 6,332 |
| Equity | € -239,495 | € -247,568 | € -255,212 | € -256,524 | ▼ € 1,312 |
| Total debts | € 327,461 | € 332,483 | € 330,508 | € 328,984 | |
| Cash | € 35,448 | € 34,413 | € 35,682 | € 32,473 | ▼ 9% |
| Land & buildings | € 10,241 | € 9,050 | € 7,859 | € 10,889 | ▲ 39% |
| Retained profit | € -300,995 | € -309,068 | € -316,712 | € -318,024 | |
| Bank debt | € 323,755 | € 323,755 | € 0 | € 0 | |
| Balance sheet total | € 87,967 | € 84,915 | € 75,296 | € 72,460 | ▼ 4% |
Key figures of GECO, 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 GECO?
What happened at GECO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Marc Cools stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 1,312. Source: NBB ↗
- Marc Cools became a director. NBB
- New establishment in Stekene. KBO
- Start of the company according to the CBE. KBO
In short
From € 260 loss in 2022 to € 1,312 loss in 2025.
Paid € 1,139 in corporate taxes since 2022.
Management
Directors
According to the 2025 annual accounts
since 2022 · until 2028
Establishments
Establishment units
Physical locations of this company
Bormte(STE) 108 box 3
9190 Stekene
Bormte(STE) 108
9190 Stekene
Active since 1 January 1984
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
- 0425.292.342
- VAT number
- BE 0425.292.342
- Registered office
- Bormte(STE) 108 bus 3, 9190 Stekene
- Names & denominations
- GECO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 15 December 1983
- Peppol
- Active · Active since 3 Nov 2023
- Activities · NACE
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