Gedeco Engineering
ActiveGedeco Engineering has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €70k and a net result of €23k. Equity is growing by ~7.6% per year across the filed fiscal years. Its solvency ranks better than 40% of 7694 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
78
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability85▲+40
Solvency64▲+5
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 1.92 against 2.09 in 2024; short-term debt: 30.9% and cash: 15.1% of total assets), but 61.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies
more bankruptcies →
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
38.5%
Return on assets
12.8%
Age of the figures
12 mo
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 31-03-2026, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
30 d early
2024
7 d early
2023
7 d early
2022
5 d early
2021
9 d early
2020
39 d early
2019
51 d early
← before the deadline
after the deadline →
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
17-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€70k▲ 23.2%
2024 · €57k
2018: €33k
2019: €31k
2020: €77k
2021: €99k
2022: €86k
2023: €69k
2024: €57k
2018 → 2025
Total assets
€181k▲ 10.0%
2024 · €165k
2018: €356k
2019: €301k
2020: €369k
2021: €259k
2022: €248k
2023: €199k
2024: €165k
2018 → 2025
Net result
€23k
2024 · €-12k
2018: €11k
2019: €-1k
2020: €47k
2021: €24k
2022: €-13k
2023: €-17k
2024: €-12k
2018 → 2025
Working capital
€52k▲ 28.2%
2024 · €40k
2018: €21k
2019: €2k
2020: €58k
2021: €73k
2022: €53k
2023: €45k
2024: €40k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€99k-€86k▼ 13.6%€69k▼ 19.5%€57k▼ 17.9%€70k▲ 23.2%
Operating result€37k-€-12k€-16k▼ 26.3%€-10k▲ 37.1%€26k
Net result€24k-€-13k€-17k▼ 24.2%€-12k▲ 26.1%€23k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €26k after a loss of €10k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €181k
Fixed assets
€74k▼ 16.1%
Current assets
€108k▲ 39.8%
Equity and liabilities €181k
Equity
€70k▲ 23.2%
Debt
€111k▲ 3.0%
The debt ratio falls from 65.6% to 61.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€43k▲
2024 · €9k
Cash flow
€41k▲
2024 · €6k
Solvency
38.5%▲
2024 · 34.4%
Current ratio
1.92▼
2024 · 2.09
Quick ratio
1.85▼
2024 · 1.96
Debt / equity
1.60▼
2024 · 1.91
ROE
33.2%▲
2024 · -21.9%
ROA
12.8%▲
2024 · -7.5%
Interest coverage
18.69▲
2024 · 4.28
Debt
€111k▲
2024 · €108k
Debt ≤ 1 year
€56k▲
2024 · €37k
Debt > 1 year
€52k▼
2024 · €66k
Income taxes
€367▼
2024 · €684
Staff costs
€66k▲
2024 · €64k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€165k€181k▲
Fixed assets21/28€88k€74k▼
Tangible fixed assets22/27€87k€73k▼
Land and buildings22€2k€2k▼
Plant, machinery and equipment23€7k€6k▼
Furniture and vehicles24€400€1k▲
Other tangible fixed assets26€77k€64k▼
Financial fixed assets28€975€975=
Current assets29/58€77k€108k▲
Stocks and contracts in progress3€5k€4k▼
Stocks30/36€5k€4k▼
Amounts receivable within one year40/41€35k€71k▲
Trade receivables40€31k€71k▲
Other amounts receivable41€4k-
Cash at bank and in hand54/58€29k€27k▼
Deferred charges and accrued income490/1€8k€6k▼
Equity and liabilities
Total equity and liabilities10/49€165k€181k▲
Equity10/15€57k€70k▲
Contributions10/11€19k€19k=
Reserves13€80k€70k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€78k€68k▼
Profit (loss) carried forward14€-42k€-18k▲
Amounts payable17/49€108k€111k▲
Amounts payable after more than one year17€66k€52k▼
Financial debts170/4€66k€52k▼
Amounts payable within one year42/48€37k€56k▲
Current portion of amounts payable after more than one year42€13k€13k=
Trade debts44-€14k
Suppliers440/4-€14k
Taxes, remuneration and social security45€11k€15k▲
Taxes450/3€9k€13k▲
Remuneration and social security454/9€3k€2k▼
Other amounts payable47/48€12k€13k▲
Accrued charges and deferred income492/3€6k€3k▼
Income statement
Code20242025
Non-recurring operating income76A-€3k
Remuneration, social security and pensions62€64k€66k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€17k▼
Other operating charges640/8€1k€1k▲
Gross operating margin9900€74k€110k▲
Operating profit (loss)9901€-10k€26k▲
Financial income75/76B€214€256▲
Recurring financial income75€214€256▲
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€-12k€24k▲
Income taxes67/77€684€367▼
Profit (loss) for the period9904€-12k€23k▲
Profit (loss) for the period to be appropriated9905€-12k€23k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-42k€-18k▲
Profit (loss) brought forward from the previous period14P€-29k€-42k▼
Transfer from equity791/2-€10k
Profit to be distributed694/7-€10k
Return on contributions (dividend)694-€10k
The notes to these accounts (7 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
31-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Back to profitnet €23k
Net result €23k after 3 loss-making years.
23-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
23-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Weakest financial yearnet €-17k
Net result drops to €-17k, the lowest in the series; recovery starts the following year.
25-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
21-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
22-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Back to profitnet €47k
Net result €47k after one loss-making year.
10-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
04-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
25-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
24-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Nazareth-De Pinte · 1 establishment unit since 2015
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.
Kasteellaan 159840 Nazareth-De PinteGround area
563 m²
Building footprint
107 m²
Volume, LiDAR
698 m³
Parcel 44012B0220/00S006, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Gedeco Engineering
since 20152.243.582.482
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44012B0220/00S006 | Flanders | 563 m² | 1 · 107 m² | 8.2 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.
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Of 24,505 companies in sector 82990 we hold annual accounts for 9,396. 7,082 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-07-2015
Fiscal year end30-09
Activities, NACEBEL
25530Machining of metals
82990Other business support services
25510Coating of metals
25610Manufacture of fabricated metal products, except machinery and equipment
43320Joinery installation
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.