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 1 of the last 1 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GEACOR from Hasselt, company number BE1007001837, closed financial year 2025 with a result of € -93,759 after tax. For that financial year GEACOR recorded a gross margin of € 218,232 and equity of € -32,259. The company made a loss. 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 August 27, 2026.
€ -32,259
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -93,759
Profit after tax over the fiscal year.
€ 25,122
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -93,759.
Debts at end 2025
€ 10.2 million
€ 784,797 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 7,714
Supplier invoices still open on the last day of the fiscal year.
What happened to GEACOR?
What happened at GEACOR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Soma stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 93,759. filed late Source: NBB ↗
- New establishment in Hasselt. KBO
- Soma became a director. NBB
- Start of the company according to the CBE. KBO
Management
The stake of SOMA, ADCOR comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
GEACORThe shares are held by SOMA (75%) and ADCOR (25%).
Directors
According to the 2025 annual accounts
Director · represented by Philippe Corthouts
Also active at: CORRE, SLEEPING SOLUTIONS PRODUCTION, SOFA PRODUCTION, PASSE PARTOUT, SAREZE
since 2024 · until 2030
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Ekkelgaarden 6 A
3500 Hasselt
Ekkelgaarden 6A
3500 Hasselt
Active since 11 March 2024
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →CORRE same network
€ 70,795 gross margin · 2025
SOFABED EUROPE
€ -108,992 gross margin · 2025
SITAC EUROPE
€ 431,067 gross margin · 2025
SITAL INVEST
€ 35,452 gross margin · 2025
SAREZE same network
€ 198,273 gross margin · 2025
+1 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 1007.001.837
- VAT number
- BE 1007.001.837
- Registered office
- Ekkelgaarden 6 A, 3500 Hasselt
- Names & denominations
- GEACOR
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 11 March 2024
- Peppol
- Active · Active since 30 Dec 2025
- Activities · NACE
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