Financials
Financial year 2025
GECO from Anzegem, company number BE0442107885, closed financial year 2025 with a result of € 11,881 after tax. For that financial year GECO recorded a gross margin of € 1.5 million and equity of € 1.6 million. Compared with financial year 2024, the result moved from € 231,161 to € 11,881. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 10, 2026.
€ 1.6 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 11,881
▼ 95% vs 2024
Profit after tax over the fiscal year.
€ 253,845
▼ 20% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 1.4 million.
People and assets in 2025
21.8
▲ 1.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.5 million
▲ 9% vs 2024
€ 68,000 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.
€ 82,369
▲ 128% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 145,284
▲ 77% vs 2024
€ 52,738 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 155,469
▲ 31% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 239,056
▲ 95% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,647,279 | € 2,263,608 | € 1,630,821 | € 1,539,740 | ▼ 6% |
| Profit after taxes | € 40,989 | € 591,206 | € 231,161 | € 11,881 | ▼ 95% |
| Equity | € 988,103 | € 1,579,309 | € 1,574,471 | € 1,586,351 | ▲ 1% |
| Total debts | € 798,334 | € 670,183 | € 868,952 | € 1,342,352 | ▲ 54% |
| Cash | € 556,590 | € 474,217 | € 315,719 | € 253,845 | ▼ 20% |
| Retained profit | € 802,183 | € 1,393,389 | € 1,388,550 | € 1,400,431 | ▲ 1% |
| Dividend | € 0 | € 0 | € 236,000 | € 0 | ▼ 100% |
| Bank debt | € 69,017 | € 38,006 | € 82,172 | € 145,284 | ▲ 77% |
| Balance sheet total | € 1,786,437 | € 2,280,617 | € 2,471,450 | € 2,953,633 | ▲ 20% |
| Employees (FTE) | 23.6 | 21.5 | 20.5 | 21.8 | ▲ 1.3 |
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:
- Geco Holding BV stepped down as director. NBB
- Carax Consulting BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 11,881 (▼ 95% vs 2024). Source: NBB ↗
- VITRA PORTA stepped down as director. NBB
- Geco Holding BV became a director. NBB
- VITRA PORTA became a director. NBB
- Carax Consulting BV became a director. NBB
- New establishment in Anzegem. KBO
In short
From € 40,989 profit in 2022 to € 11,881 profit in 2025.
Paid € 38,313 in corporate taxes since 2022.
Best year ever: 2023, with € 591,206 profit.
On average € 70,600 of value added per employee in 2025.
Management
The stake of GECO HOLDING, GEDYNAC comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
GECOThe shares are held by GECO HOLDING (100%) and GEDYNAC (23.3%).
Directors
According to the 2025 annual accounts
Director · represented by Mathias Thoma
since 2024 · until 2025
Managing director · represented by Roelandt Michel
Also active at: GECAL, GECO HOLDING
since 2022 · until 2027
since 2024 · until 2030
Shareholders
100%
23.3%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Heirbaan 80
8570 Anzegem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
LEVEL27-AS * Please direct all complaints to [email protected] *, BE
Website info
Features
Security
Network
Details
- Company number
- 0442.107.885
- VAT number
- BE 0442.107.885
- Registered office
- Heirbaan 80, 8570 Anzegem
- Names & denominations
- GECO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 13 November 1990
- Peppol
- Active · Active since 24 Dec 2025
- Contact
- geco.be [email protected] 056681302
- Activities · NACE
Vervaardiging van deuren en vensters van kunststof
Vervaardiging van kunststofelementen voor de bouw
Vervaardiging van metalen deuren en vensters
Vervaardiging van ander schrijn- en timmerwerk
Schrijnwerk
Vervaardiging van kunststofartikelen voor de bouw
Handelsbemiddeling in de niet-gespecialiseerde groothandel
Vervaardiging van schrijn- en timmerwerk
+4