Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2023 and 2024.
Financials
Financial year 2024
GACO from Brugge, company number BE0464803610, closed financial year 2024 with a result of € -7,726 after tax. For that financial year GACO recorded a gross margin of € 2,955 and equity of € 844,610. Compared with financial year 2023, the result moved from € -12,109 to € -7,726. 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 19, 2025.
€ 844,610
▼ 4% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -7,726
▲ 36 % less loss than in 2023
Profit after tax over the fiscal year.
€ 237,825
▼ 10% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 182,637.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 1,180
▼ 61% vs 2023
Supplier invoices still open on the last day of the fiscal year.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 574 | € -3,212 | € -1,425 | € 2,955 | ▲ € 4,379 |
| Profit after taxes | € -1,327 | € -6,541 | € -12,109 | € -7,726 | ▲ € 4,383 |
| Equity | € 299,796 | € 293,255 | € 881,146 | € 844,610 | ▼ 4% |
| Total debts | € 219,816 | € 619,617 | € 3,028 | € 1,180 | ▼ 61% |
| Cash | € 302,505 | € 284,248 | € 264,290 | € 237,825 | ▼ 10% |
| Land & buildings | - | € 400,932 | € 391,524 | € 382,116 | ▼ 2% |
| Retained profit | € 237,822 | € 231,282 | € 219,173 | € 182,637 | ▼ 17% |
| Dividend | € 0 | € 0 | € 0 | € 28,810 | |
| Balance sheet total | € 519,612 | € 912,872 | € 884,174 | € 845,790 | ▼ 4% |
Key figures of GACO, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to GACO?
What happened at GACO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 7,726. filed late Source: NBB ↗
- New establishment in Brugge. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,327 loss in 2021 to € 7,726 loss in 2024.
Paid € 1,394 in corporate taxes since 2021.
Paid out € 28,810 in dividends to the owners in total.
A new publication or filing at GACO? We notify you, reason included.
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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
Behind GACO are Kaat Verdonck, Wim Verdonck and Frank Verdonck.
Directors
According to the 2024 annual accounts
Kaat Verdonck
Director
Wim Verdonck
Managing director
Frank Verdonck
Director
Establishments
Establishment units
Physical locations of this company
Abelendreef 16
8200 Brugge
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0464.803.610
- VAT number
- BE 0464.803.610
- Registered office
- Abelendreef 16, 8200 Brugge
- Names & denominations
- GACO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 10 December 1998
- Peppol
- Active · Active since 22 Oct 2025
- Activities · NACE
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