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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Shrinking team NBB
FTE fell two years in a row, from 4 to 0.8.
Financials
Financial year 2025
GECAL from Anzegem, company number BE0473586563, closed financial year 2025 with a result of € 19,642 after tax. For that financial year GECAL recorded a gross margin of € 63,503 and equity of € 441,459. Compared with financial year 2024, the result moved from € 6,533 to € 19,642. Profitable, and profit is growing. 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 6, 2026.
€ 441,459
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 19,642
▲ 201% vs 2024
Profit after tax over the fiscal year.
€ 4,728
▼ 96% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 19,500 paid out
99 % of the profit went to the shareholders, mostly to GECO HOLDING (100 % of the shares). That is where the money ends up.
People and assets in 2025
0.8
▼ 1.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 47,461
▼ 71% 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.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1,023
Supplier invoices still open on the last day of the fiscal year.
€ 275
▼ 82% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 316,582 | € 289,169 | € 174,546 | € 63,503 | ▼ 64% |
| Profit after taxes | € 1,461 | € 9,515 | € 6,533 | € 19,642 | ▲ 201% |
| Equity | € 425,268 | € 434,783 | € 441,317 | € 441,459 | |
| Total debts | € 38,237 | € 16,312 | € 8,945 | € 20,798 | ▲ 133% |
| Cash | € 86,374 | € 138,356 | € 112,978 | € 4,728 | ▼ 96% |
| Retained profit | € 350,268 | € 359,783 | € 366,317 | € 366,459 | |
| Dividend | € 0 | € 0 | € 0 | € 19,500 | |
| Bank debt | € 33,768 | € 15,294 | € 6,988 | € 0 | ▼ 100% |
| Balance sheet total | € 463,505 | € 451,095 | € 450,262 | € 462,257 | ▲ 3% |
| Employees (FTE) | 4.5 | 4 | 2.7 | 0.8 | ▼ 1.9 |
Key figures of GECAL, 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 GECAL?
What happened at GECAL 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 € 19,642 (▲ 201% vs 2024). Source: NBB ↗
- Geco Holding BV became a director. NBB
- Carax Consulting BV became a director. NBB
- New establishment in Anzegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,461 profit in 2022 to € 19,642 profit in 2025.
Paid € 3,735 in corporate taxes since 2022.
Best year ever: 2025, with € 19,642 profit.
On average € 64,600 of value added per employee in 2024.
Management
The stake of GECO HOLDING, GEDYNAC comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
GECALThe shares are held by GECO HOLDING (100%) and GEDYNAC (23.3%).
Directors
According to the 2025 annual accounts
Managing director · represented by Roelandt Michel
Also active at: GECO, 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.
Details
- Company number
- 0473.586.563
- VAT number
- BE 0473.586.563
- Registered office
- Heirbaan 80, 8570 Anzegem
- Names & denominations
- GECAL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 21 December 2000
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Schrijnwerk