Financials
Financial year 2025
GECOM from Genappe, company number BE0425702613, closed financial year 2025 with a result of € -21,812 after tax. For that financial year GECOM recorded revenue of € 852,167 and equity of € 2 million. Compared with financial year 2024, the result moved from € 47,597 to € -21,812. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 30, 2026.
€ 2 million
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -21,812
▼ still € 47,597 profit in 2024
Profit after tax over the fiscal year.
€ 22,802
▲ 74% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 618,075.
People and assets in 2025
4
Average over the fiscal year, from the social balance sheet.
€ 246,108
▼ 13% vs 2024
€ 61,500 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.
Debts at end 2025
€ 86,050
▲ 63% vs 2024
Loans from banks and other lenders, long and short.
€ 39,570
▼ 14% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 33,911
▼ 23% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | - | € 852,167 | |
| Gross margin | € 403,632 | € 394,437 | € 425,405 | € 298,768 | ▼ 30% |
| Profit after taxes | € 20,250 | € 24,909 | € 47,597 | € -21,812 | ▼ € 69,409 |
| Equity | € 1,974,770 | € 1,999,678 | € 2,047,275 | € 2,025,463 | ▼ 1% |
| Total debts | € 307,271 | € 195,061 | € 142,765 | € 159,532 | ▲ 12% |
| Cash | € 7,798 | € 25,499 | € 13,084 | € 22,802 | ▲ 74% |
| Retained profit | € 567,382 | € 592,290 | € 639,887 | € 618,075 | ▼ 3% |
| Bank debt | € 134,482 | € 78,135 | € 52,749 | € 86,050 | ▲ 63% |
| Balance sheet total | € 2,282,041 | € 2,194,739 | € 2,190,041 | € 2,184,995 | |
| Employees (FTE) | 4 | 4 | 4 | 4 |
Key figures of GECOM, 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 GECOM?
What happened at GECOM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 21,812 (▼ € 69,409 vs 2024). Source: NBB ↗
- New establishment in Genappe. KBO
- Start of the company according to the CBE. KBO
In short
From € 20,250 profit in 2022 to € 21,812 loss in 2025.
Paid € 70,178 in corporate taxes since 2022.
Best year ever: 2024, with € 47,597 profit.
On average € 74,700 of value added per employee in 2025.
Management
The stake of DRUGMAND & MEERT, Équipement, Machines et Appareils Spéciaux comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
GECOMBehind GECOM is CHRISTOPHE DRUGMAND. The shares are held by DRUGMAND & MEERT (98.4%) and Équipement, Machines et Appareils Spéciaux (1.6%). It owns 2.5% of Drugmand & Meert SA itself.
Directors
According to the 2025 annual accounts
CHRISTOPHE DRUGMAND
Managing director
Also active at: DRUGMAND & MEERT, Équipement, Machines et Appareils Spéciaux
Shareholders
Participations
2.5%
Establishments
Establishment units
Physical locations of this company
Drève du Château de La Motte 1
1470 Genappe
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0425.702.613
- VAT number
- BE 0425.702.613
- Registered office
- Drève du Château de La Motte 1, 1470 Genappe
- Names & denominations
- GECOM
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 16 November 1983
- Peppol
- Active · Active since 13 Jan 2026
- Contact
- [email protected]
- Activities · NACE
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