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.
Financials
Financial year 2025
GECODAM 2.0 from Schilde, company number BE0737794767, closed financial year 2025 with a result of € 202,622 after tax. For that financial year GECODAM 2.0 recorded a gross margin of € 239,891 and equity of € -49,449. Compared with financial year 2024, the result moved from € -73,399 to € 202,622. Profitable, and profit is growing. 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 July 3, 2026.
€ -49,449
▲ € 202,622 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 202,622
▲ still € 73,399 loss in 2024
Profit after tax over the fiscal year.
€ 77,247
▲ € 62,617 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 € -99,449.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 1,948
▼ 41% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 504,219
▼ 12% vs 2024
€ 68,677 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 8,605
▼ 5% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 204
▼ 83% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 51,391 | € -121,226 | € 14,081 | € 239,891 | ▲ € 225,810 |
| Profit after taxes | € -35,170 | € -119,213 | € -73,399 | € 202,622 | ▲ € 276,022 |
| Equity | € -59,459 | € -178,672 | € -252,071 | € -49,449 | ▲ € 202,622 |
| Total debts | € 1,448,527 | € 1,155,046 | € 1,008,746 | € 513,028 | ▼ 49% |
| Cash | € 85,418 | € 16,035 | € 14,630 | € 77,247 | ▲ € 62,617 |
| Land & buildings | € 603,916 | € 582,460 | € 494,491 | € 228,875 | ▼ 54% |
| Retained profit | € -109,459 | € -228,672 | € -302,071 | € -99,449 | ▲ € 202,622 |
| Bank debt | € 700,000 | € 639,187 | € 572,097 | € 504,219 | ▼ 12% |
| Balance sheet total | € 1,389,068 | € 976,374 | € 756,675 | € 463,579 | ▼ 39% |
Key figures of GECODAM 2.0, 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 GECODAM 2.0?
What happened at GECODAM 2.0 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 202,622. Source: NBB ↗
- New establishment in Schilde. KBO
- Philip Coates became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 35,170 loss in 2022 to € 202,622 profit in 2025.
Paid € 899 in corporate taxes since 2022.
Best year ever: 2025, with € 202,622 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
Philip Coates
Director
since 2019
Establishments
Establishment units
Physical locations of this company
Wijnegemsteenweg 77/F
2970 Schilde
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0737.794.767
- VAT number
- BE 0737.794.767
- Registered office
- Wijnegemsteenweg 77/F, 2970 Schilde
- Names & denominations
- GECODAM 2.0
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 November 2019
- Peppol
- Active · Active since 7 Jan 2025
- Activities · NACE
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