Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 20 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GEBICO from Kortrijk, company number BE0451925968, closed financial year 2025 with a result of € 704 after tax. For that financial year GEBICO recorded a gross margin of € 68,256 and equity of € -13,356. Compared with financial year 2024, the result moved from € 16,581 to € 704. The company is profitable. 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 March 6, 2026.
€ -13,356
▲ € 704 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 704
▼ 96% vs 2024
Profit after tax over the fiscal year.
€ 8,856
▼ 72% 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 € -112,513.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 43,178
▼ 5% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 802
▼ 14% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 40,441
▲ 6% vs 2024
€ 13,711 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 18,624
▲ 39% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 9,112
▼ 17% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 70,767 | € 66,657 | € 85,927 | € 68,256 | ▼ 21% |
| Profit after taxes | € 6,374 | € 2,905 | € 16,581 | € 704 | ▼ 96% |
| Equity | € -33,546 | € -30,641 | € -14,060 | € -13,356 | ▲ € 704 |
| Total debts | € 199,811 | € 174,507 | € 162,803 | € 125,226 | ▼ 23% |
| Cash | € 34,678 | € 20,127 | € 31,166 | € 8,856 | ▼ 72% |
| Retained profit | € -132,704 | € -129,798 | € -113,218 | € -112,513 | ▲ € 704 |
| Bank debt | € 68,684 | € 51,284 | € 37,997 | € 40,441 | ▲ 6% |
| Balance sheet total | € 166,265 | € 143,866 | € 148,743 | € 111,871 | ▼ 25% |
Key figures of GEBICO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to GEBICO?
What happened at GEBICO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 704 (▼ 96% vs 2024). Source: NBB ↗
- GEERT QUINTENS became a director. NBB
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 6,374 profit in 2022 to € 704 profit in 2025.
Paid € 940 in corporate taxes since 2022.
Best year ever: 2024, with € 16,581 profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2025 annual accounts
GEERT QUINTENS
Director
since 2019
Establishments
Establishment units
Physical locations of this company
Schouwburgplein(Kor) 12
8500 Kortrijk
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0451.925.968
- VAT number
- BE 0451.925.968
- Registered office
- Schouwburgplein(Kor) 12, 8500 Kortrijk
- Names & denominations
- GEBICO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 December 1993
- Peppol
- Active · Active since 26 Nov 2024
- Activities · NACE
Activiteiten van eetgelegenheden met volledige bediening
Restaurants van het traditionele type
Eetgelegenheden met volledige bediening
Catering van evenementen
Cafés en bars
Uitzendkoks en verzorgen van feesten en recepties
Cafés