Financials
Financial year 2025
GEKCO from Tessenderlo-Ham, company number BE0864176265, closed financial year 2025 with a result of € 22,956 after tax. For that financial year GEKCO recorded a gross margin of € 76,461 and equity of € 87,377. Compared with financial year 2024, the result moved from € -3,155 to € 22,956. 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 February 20, 2026.
€ 87,377
▲ 36% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 22,956
▲ still € 3,155 loss in 2024
Profit after tax over the fiscal year.
€ 87,136
▲ 83% 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 € 81,177.
People and assets in 2025
€ 30
▼ 97% 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.
€ 7,026
▼ 37% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 77,189
▼ 13% vs 2024
€ 11,709 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 764
▲ € 700 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 13,884
▲ 111% 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 | € 26,993 | € 36,439 | € 37,413 | € 76,461 | ▲ 104% |
| Profit after taxes | € -12,495 | € -1,450 | € -3,155 | € 22,956 | ▲ € 26,110 |
| Equity | € 69,026 | € 67,576 | € 64,421 | € 87,377 | ▲ 36% |
| Total debts | € 138,057 | € 124,114 | € 118,276 | € 127,917 | ▲ 8% |
| Cash | € 52,648 | € 45,485 | € 47,565 | € 87,136 | ▲ 83% |
| Land & buildings | € 102,036 | € 90,727 | € 77,345 | € 64,075 | ▼ 17% |
| Retained profit | € 62,826 | € 61,376 | € 58,221 | € 81,177 | ▲ 39% |
| Bank debt | € 109,032 | € 98,932 | € 88,335 | € 77,189 | ▼ 13% |
| Balance sheet total | € 207,082 | € 191,690 | € 182,698 | € 215,294 | ▲ 18% |
Key figures of GEKCO, 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 GEKCO?
What happened at GEKCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 22,956. Source: NBB ↗
- Paul Baluwe became a director. NBB
- New establishment in Tessenderlo-Ham. KBO
- Start of the company according to the CBE. KBO
- Gwendoline Eeckels became a director. NBB
In short
From € 12,495 loss in 2022 to € 22,956 profit in 2025.
Paid € 13,874 in corporate taxes since 2022.
Best year ever: 2025, with € 22,956 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
Behind GEKCO are Gwendoline Eeckels and Paul Baluwe.
Directors
According to the 2025 annual accounts
Gwendoline Eeckels
Director
since 2004
Paul Baluwe
Director
since 2007
Establishments
Establishment units
Physical locations of this company
Biesdelle 58
3980 Tessenderlo-Ham
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0864.176.265
- VAT number
- BE 0864.176.265
- Registered office
- Biesdelle 58, 3980 Tessenderlo-Ham
- Names & denominations
- GEKCO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 March 2004
- Peppol
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