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 48 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
31 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
GEVACO from Hasselt, company number BE0431600411, closed financial year 2025 with a result of € -3,120 after tax. For that financial year GEVACO recorded a gross margin of € -314 and equity of € 299,260. Compared with financial year 2024, the result moved from € -18,348 to € -3,120. 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 June 29, 2026.
€ 299,260
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -3,120
▲ 83 % less loss than in 2024
Profit after tax over the fiscal year.
€ 4,426
▲ 26% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -95,001.
Debts at end 2025
€ 25,500
▼ 26% vs 2024
€ 9,000 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 41
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | € 313,760 | € 121,500 | - | |
| Gross margin | € -3,875 | € -4,299 | € -1,047 | € -314 | ▲ € 733 |
| Profit after taxes | € -7,355 | € -18,559 | € -18,348 | € -3,120 | ▲ € 15,227 |
| Equity | € 339,288 | € 320,729 | € 302,381 | € 299,260 | ▼ 1% |
| Total debts | € 905,918 | € 44,615 | € 34,793 | € 25,801 | ▼ 26% |
| Cash | € 3,461 | € 2,780 | € 3,519 | € 4,426 | ▲ 26% |
| Retained profit | € -54,974 | € -73,533 | € -91,881 | € -95,001 | ▼ € 3,120 |
| Bank debt | € 527,500 | € 43,500 | € 34,500 | € 25,500 | ▼ 26% |
| Balance sheet total | € 1,245,206 | € 365,344 | € 337,174 | € 325,061 | ▼ 4% |
Key figures of GEVACO, 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 GEVACO?
What happened at GEVACO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 3,120. Source: NBB ↗
- Danny SOMERS stepped down as director. NBB
- Philippe SOMERS stepped down as director. NBB
- Danny SOMERS became a director. NBB
- Philippe SOMERS became a director. NBB
- New establishment in Hasselt. KBO
- Start of the company according to the CBE. KBO
In short
From € 7,355 loss in 2022 to € 3,120 loss in 2025.
Management
The shares are held by SOM FACILITIES nv (100%).
Directors
According to the 2025 annual accounts
Danny SOMERS
Managing director
Owns 50% via SOM FACILITIES nv
Also active at: WHY NOT, SOMINVEST, B & S Beheer, SOM FACILITIES, SOM BEHEERSMAATSCHAPPIJ, SOM BUILDING PROJECTS, VONDERPARK, Nieuwbouwwereld +29 more
since 2020 · until 2026
Philippe SOMERS
Director
Owns 50% via SOM FACILITIES nv
Also active at: SOM FACILITIES, SOM DESIGN, SOM BUILDING PROJECTS, PH-Design
since 2020 · until 2026
Shareholders
SOM FACILITIES nv · holding of Philippe SOMERS
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Het Dorlik 16
3500 Hasselt
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 31 companies are registered at this address.
All companies at this address →WHY NOT same network
€ -32,291 gross margin · 2025
SOMINVEST same network
€ 383,351 gross margin · 2025
B & S Beheer same network
€ -1,322 gross margin · 2025
SOM FACILITIES same network
€ -1 million gross margin · 2024
SOM BEHEERSMAATSCHAPPIJ same network
€ 5.8 million revenue · 2025
+26 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0431.600.411
- VAT number
- BE 0431.600.411
- Registered office
- Het Dorlik 16, 3500 Hasselt
- Names & denominations
- GEVACO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 15 July 1987
- Peppol
- Active · Active since 9 Sept 2025