GECRIMO
ActiveSummary
GECRIMO has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €955k and a net result of €-288k. Equity is shrinking by ~8.6% per year across the filed fiscal years. Its solvency ranks better than 26% of 9194 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
42
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability17▲+2
Solvency32▼-4
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days only on tighter terms
Liquidity short (current ratio 0.04 against 0.04 in 2024; short-term debt: 85.8% and cash: 0.3% of total assets), and 92.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
7.5%
Return on assets
-2.3%
Age of the figures
12 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-288k
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 17-04-2026, 13 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
13 d early
2024
on the day
2023
on the day
2022
3 d early
2021
4 d early
2020
on the day
2019
on the day
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€955k▼ 23.1%
2024 · €1.24M
2018: €1.84M
2019: €1.82M
2020: €1.49M
2021: €1.37M
2022: €1.13M
2023: €1.61M
2024: €1.24M
2018 → 2025
Total assets
€12.75M▲ 8.6%
2024 · €11.74M
2018: €2.73M
2019: €5.03M
2020: €5.05M
2021: €5.13M
2022: €10.30M
2023: €10.82M
2024: €11.74M
2018 → 2025
Net result
€-288k▲ 22.5%
2024 · €-371k
2018: €1.58M
2019: €-24k
2020: €-325k
2021: €-120k
2022: €-242k
2023: €484k
2024: €-371k
2018 → 2025
Working capital
€-10.49M▼ 13.4%
2024 · €-9.24M
2018: €456k
2019: €495k
2020: €-2.39M
2021: €-2.33M
2022: €-7.55M
2023: €-7.46M
2024: €-9.24M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.37M-€1.13M▼ 17.6%€1.61M▲ 42.9%€1.24M▼ 23.0%€955k▼ 23.1%
Operating result€-55k-€-102k▼ 86.0%€686k€-144k€-9k▲ 93.9%
Net result€-120k-€-242k▼ 102%€484k€-371k€-288k▲ 22.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €9k in 2025 against €144k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €12.75M
Fixed assets
€12.30M ▲ 8.4%
Current assets
€450k ▲ 12.1%
Equity and liabilities €12.75M
Equity
€955k ▼ 23.1%
Debt
€11.79M ▲ 12.3%
Debt's share of the balance-sheet total rises from 89.4% to 92.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€35k▲
2024 · €-103k
Cash flow
€-243k▲
2024 · €-331k
Current ratio
0.04▼
2024 · 0.04
Debt to equity
12.35▲
2024 · 8.45
ROE
-30.1%▼
2024 · -29.9%
ROA
-2.3%▲
2024 · -3.2%
Interest coverage
0.13▲
2024 · -0.45
Debt ≤ 1 year
€10.94M▲
2024 · €9.65M
Debt > 1 year
€841k▲
2024 · €838k
Income taxes
€178▲
2024 · €172
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 54 lines
Balance sheet
Code20242025
Assets
Total assets20/58€11.74M€12.75M▲
Fixed assets21/28€11.34M€12.30M▲
Tangible fixed assets22/27€10.42M€11.38M▲
Land and buildings22€8.45M€9.02M▲
Plant, machinery and equipment23€1k€943▼
Furniture and vehicles24€0€0▼
Leasing and similar rights25€24k€24k=
Assets under construction and advance payments27€1.94M€2.33M▲
Financial fixed assets28€921k€921k=
Current assets29/58€401k€450k▲
Amounts receivable within one year40/41€371k€389k▲
Trade receivables40€6k€0▼
Other amounts receivable41€365k€389k▲
Cash at bank and in hand54/58€13k€42k▲
Deferred charges and accrued income490/1€18k€18k▲
Equity and liabilities
Total equity and liabilities10/49€11.74M€12.75M▲
Equity10/15€1.24M€955k▼
Contributions10/11€130k€130k=
Capital10€130k€130k=
Issued capital100€130k€130k=
Reserves13€1.11M€825k▼
Non-distributable reserves130/1€13k€13k=
Legal reserve130€13k€13k=
Distributable reserves133€1.10M€812k▼
Amounts payable17/49€10.50M€11.79M▲
Amounts payable after more than one year17€838k€841k▲
Financial debts170/4€680k€680k=
Other amounts payable178/9€158k€161k▲
Amounts payable within one year42/48€9.65M€10.94M▲
Trade debts44€478k€7k▼
Suppliers440/4€478k€7k▼
Taxes, remuneration and social security45€13k€869▼
Taxes450/3€13k€869▼
Other amounts payable47/48€9.15M€10.93M▲
Accrued charges and deferred income492/3€15k€12k▼
Income statement
Code20242025
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€40k€44k▲
Other operating charges640/8€156k€14k▼
Gross operating margin9900€53k€49k▼
Operating profit (loss)9901€-144k€-9k▲
Financial income75/76B€3k€3k▲
Recurring financial income75€3k€3k▲
Financial charges65/66B€231k€282k▲
Recurring financial charges65€231k€282k▲
Profit (loss) for the period before taxes9903€-371k€-288k▲
Income taxes67/77€172€178▲
Profit (loss) for the period9904€-371k€-288k▲
Profit (loss) for the period to be appropriated9905€-371k€-288k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-371k€-288k▲
Profit (loss) brought forward from the previous period14P€0-
Transfer from equity791/2€371k€288k▼
Transfer to equity691/2€0-
To other reserves6921€0-
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-08
State Gazette act
Incorporation · Founder
Founding capital · Corporate purpose
17-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Weakest financial yearnet €-371k ▼177%
Net result drops to €-371k, the lowest in the series; recovery starts the following year.
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Back to profitnet €484k
Net result €484k after 4 loss-making years.
27-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
26-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
26-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
27-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Moorslede · 1 establishment unit since 2001
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Ledegemstraat 878890 MoorsledeGround area
7,830 m²
Building footprint
391 m²
Volume, LiDAR
2,581 m³
Parcel 36003A0961/00A000, Flanders · tallest building 10.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GECRIMO NV
since 20012.061.918.904
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36003A0961/00A000 | Flanders | 7,830 m² | 1 · 391 m² | 10.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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V.D.P
BE 0458.038.750
Kasterlee · Eq €955,580
WOESTYN - IMMOBILIA
BE 0416.908.275
De Haan · Eq €955,856
STEAR
BE 0458.312.132
Koksijde · Eq €953,995
SUD PORTAS
BE 0450.884.308
Messancy · Eq €953,701
Of 11,747 companies in sector 68310 we hold annual accounts for 6,905. 3,807 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded15-03-1993
Fiscal year end30-09
Activities, NACEBEL 2025
68310Real estate agency activities
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.