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 3 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
GESO from Aywaille, company number BE0444618801, closed financial year 2025 with a result of € -19,930 after tax. For that financial year GESO recorded a gross margin of € 23,917 and equity of € 233,544. Compared with financial year 2024, the result moved from € -19,062 to € -19,930. 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 August 31, 2026.
€ 233,544
▼ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -19,930
▼ 5 % more loss than in 2024
Profit after tax over the fiscal year.
€ 2,609
▲ 38% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 122,351.
People and assets in 2025
€ 567
▼ 60% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 195,000
▲ 18% vs 2024
Loans from banks and other lenders, long and short.
€ 27,840
▲ 51% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 124,261 | € 16,482 | € 24,628 | € 23,917 | ▼ 3% |
| Profit after taxes | € 63,552 | € -33,344 | € -19,062 | € -19,930 | ▼ € 868 |
| Equity | € 380,634 | € 272,537 | € 253,474 | € 233,544 | ▼ 8% |
| Total debts | € 564,091 | € 381,866 | € 380,301 | € 419,627 | ▲ 10% |
| Cash | € 30,512 | € 4,676 | € 1,889 | € 2,609 | ▲ 38% |
| Land & buildings | € 804,693 | € 630,358 | € 614,572 | € 634,356 | ▲ 3% |
| Retained profit | € 194,687 | € 161,344 | € 142,281 | € 122,351 | ▼ 14% |
| Bank debt | € 263,578 | € 165,000 | € 165,000 | € 195,000 | ▲ 18% |
| Balance sheet total | € 944,725 | € 654,403 | € 633,775 | € 653,171 | ▲ 3% |
Key figures of GESO, 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 GESO?
What happened at GESO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 19,930. filed late Source: NBB ↗
- Gérald BODART became a director. NBB
- Chantal TOMBALLE became a director. NBB
- New establishment in Aywaille. KBO
- Start of the company according to the CBE. KBO
In short
From € 63,552 profit in 2022 to € 19,930 loss in 2025.
Paid € 10,603 in corporate taxes since 2022.
Best year ever: 2022, with € 63,552 profit.
Management
Behind GESO are Chantal TOMBALLE and Gérald BODART.
Directors
According to the 2025 annual accounts
Chantal TOMBALLE
Director
since 2019
Gérald BODART
Managing director
since 2023
Establishments
Establishment units
Physical locations of this company
Route des Chantoirs 24
4920 Aywaille
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0444.618.801
- VAT number
- BE 0444.618.801
- Registered office
- Route des Chantoirs 24, 4920 Aywaille
- Names & denominations
- GESO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 3 July 1991
- Peppol
- Not registered