Financials
Financial year 2025
Geco decorations from Berlare, company number BE0800136667, closed financial year 2025 with a result of € 25,232 after tax. For that financial year Geco decorations recorded a gross margin of € 46,945 and equity of € 77,620. Compared with financial year 2024, the result moved from € 49,388 to € 25,232. The company is profitable. 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 June 20, 2026.
€ 77,620
▲ 48% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 25,232
▼ 49% vs 2024
Profit after tax over the fiscal year.
€ 70,288
▲ 117% 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 € 74,620.
People and assets in 2025
€ 26,954
▼ 25% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 26,855
▼ 27% vs 2024
€ 7,488 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 763
▲ 40% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,654
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € 72,903 | € 46,945 | ▼ 36% |
| Profit after taxes | € 49,388 | € 25,232 | ▼ 49% |
| Equity | € 52,388 | € 77,620 | ▲ 48% |
| Total debts | € 39,140 | € 29,715 | ▼ 24% |
| Cash | € 32,379 | € 70,288 | ▲ 117% |
| Retained profit | € 49,388 | € 74,620 | ▲ 51% |
| Bank debt | € 36,934 | € 26,855 | ▼ 27% |
| Balance sheet total | € 91,528 | € 107,334 | ▲ 17% |
Key figures of Geco decorations, fiscal years 2024 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 Geco decorations?
What happened at Geco decorations in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 25,232 (▼ 49% vs 2024). Source: NBB ↗
- New establishment in Berlare. KBO
- Geert Jozef Corthals became a director. NBB
- Gert Joost Corthals became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 49,388 profit in 2024 to € 25,232 profit in 2025.
Paid € 19,895 in corporate taxes since 2024.
Best year ever: 2024, with € 49,388 profit.
Management
Behind Geco decorations are Geert Jozef Corthals and Gert Joost Corthals.
Directors
According to the 2025 annual accounts
Geert Jozef Corthals
Director
since 2023
Gert Joost Corthals
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Brugstraat(B) 36 box E
9290 Berlare
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0800.136.667
- VAT number
- BE 0800.136.667
- Registered office
- Brugstraat(B) 36 bus E, 9290 Berlare
- Names & denominations
- Geco decorations
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 March 2023
- Peppol
- Active · Active since 5 Mar 2025
- Activities · NACE
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