GESCON
ActiveSummary
GESCON has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €255k and a net result of €55k. Equity is shrinking by ~10.7% per year across the filed fiscal years. Its solvency ranks better than 73% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability90▲+4
Solvency100▲+18
Growth58=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22k at 30 days acceptable
Liquidity ample (current ratio 3.46 against 1.92 in 2024; short-term debt: 22.5% and cash: 16.5% of total assets), and 22.5% of the assets are financed with debt.
Credit check 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 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← 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
77.5%
Return on assets
16.7%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €255k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-07-2026, 21 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
21 d early
2024
38 d early
2023
29 d early
2022
132 d early
2021
24 d early
2020
26 d early
2019
23 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€255k▲ 27.6%
2024 · €200k
2018: €837k
2019: €827k▼ -1.1% vs 2018
2020: €898k▲ +8.6% vs 2019
2021: €931k▲ +3.6% vs 2020
2022: €960k▲ +3.1% vs 2021highest in 8 years
2023: €153k▼ -84.1% vs 2022lowest in 8 years
2024: €200k▲ +31.2% vs 2023
2025: €255k▲ +27.6% vs 2024
2018 → 2025
Total assets
€330k▼ 6.6%
2024 · €353k
2018: €1.24Mhighest in 8 years
2019: €912k▼ -26.2% vs 2018
2020: €921k▲ +0.9% vs 2019
2021: €947k▲ +2.8% vs 2020
2022: €974k▲ +2.9% vs 2021
2023: €386k▼ -60.3% vs 2022
2024: €353k▼ -8.7% vs 2023
2025: €330k▼ -6.6% vs 2024lowest in 8 years
2018 → 2025
Net result
€55k▲ 15.8%
2024 · €48k
2018: €-149klowest in 8 years
2019: €-10k▲ +93.6% vs 2018
2020: €71k▲ +846% vs 2019highest in 8 years
2021: €32k▼ -54.3% vs 2020
2022: €29k▼ -10.7% vs 2021
2023: €43k▲ +48.1% vs 2022
2024: €48k▲ +11.2% vs 2023
2025: €55k▲ +15.8% vs 2024
2018 → 2025
Working capital
€183k▲ 55.8%
2024 · €117k
2018: €410k
2019: €385k▼ -6.2% vs 2018
2020: €494k▲ +28.4% vs 2019
2021: €560k▲ +13.3% vs 2020
2022: €598k▲ +6.9% vs 2021highest in 8 years
2023: €104k▼ -82.6% vs 2022lowest in 8 years
2024: €117k▲ +12.6% vs 2023
2025: €183k▲ +55.8% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€931k-€960k▲ 3.1%€153k▼ 84.1%€200k▲ 31.2%€255k▲ 27.6%
2021: €931k
2022: €960k▲ +3.1% vs 2021highest in 5 years
2023: €153k▼ -84.1% vs 2022lowest in 5 years
2024: €200k▲ +31.2% vs 2023
2025: €255k▲ +27.6% vs 2024
Operating result€36k-€45k▲ 25.0%€52k▲ 16.2%€77k▲ 47.0%€80k▲ 3.6%
2021: €36klowest in 5 years
2022: €45k▲ +25.0% vs 2021
2023: €52k▲ +16.2% vs 2022
2024: €77k▲ +47.0% vs 2023
2025: €80k▲ +3.6% vs 2024highest in 5 years
Net result€32k-€29k▼ 10.7%€43k▲ 48.1%€48k▲ 11.2%€55k▲ 15.8%
2021: €32k
2022: €29k▼ -10.7% vs 2021lowest in 5 years
2023: €43k▲ +48.1% vs 2022
2024: €48k▲ +11.2% vs 2023
2025: €55k▲ +15.8% vs 2024highest in 5 years
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 4% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €330k
Fixed assets
€73k ▼ 32.6%
Current assets
€257k ▲ 4.9%
Equity and liabilities €330k
Equity
€255k ▲ 27.6%
Debt
€74k ▼ 51.4%
Debt's share of the balance-sheet total falls from 43.3% to 22.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€116k▲
2024 · €110k
Cash flow
€92k▲
2024 · €81k
Current ratio
3.46▲
2024 · 1.92
Debt to equity
0.29▼
2024 · 0.76
ROE
21.6%▼
2024 · 23.8%
ROA
16.7%▲
2024 · 13.5%
Interest coverage
20.11▲
2024 · 10.23
Debt ≤ 1 year
€74k▼
2024 · €128k
Debt > 1 year
€0▼
2024 · €25k
Income taxes
€29k▲
2024 · €22k
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 · 49 lines
Balance sheet
Code20242025
Assets
Total assets20/58€353k€330k▼
Fixed assets21/28€108k€73k▼
Tangible fixed assets22/27€108k€73k▼
Plant, machinery and equipment23€3k€4k▲
Furniture and vehicles24€76k€58k▼
Other tangible fixed assets26€29k€11k▼
Financial fixed assets28€50€50=
Current assets29/58€245k€257k▲
Amounts receivable within one year40/41€1k€1k▼
Trade receivables40€1k€1k▼
Other amounts receivable41€0-
Current investments50/53€200k€200k=
Cash at bank and in hand54/58€42k€54k▲
Deferred charges and accrued income490/1€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€353k€330k▼
Equity10/15€200k€255k▲
Contributions10/11€31k€31k=
Reserves13€169k€224k▲
Distributable reserves133€169k€224k▲
Profit (loss) carried forward14€0-
Amounts payable17/49€153k€74k▼
Amounts payable after more than one year17€25k€0▼
Other amounts payable178/9€25k€0▼
Amounts payable within one year42/48€128k€74k▼
Trade debts44€4k€5k▲
Suppliers440/4€4k€5k▲
Taxes, remuneration and social security45€17k€20k▲
Taxes450/3€17k€20k▲
Other amounts payable47/48€107k€49k▼
Accrued charges and deferred income492/3-€83
Income statement
Code20242025
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€33k€37k▲
Other operating charges640/8€1k€777▼
Gross operating margin9900€112k€117k▲
Operating profit (loss)9901€77k€80k▲
Financial income75/76B€4k€10k▲
Recurring financial income75€4k€10k▲
Financial charges65/66B€11k€6k▼
Recurring financial charges65€11k€6k▼
Profit (loss) for the period before taxes9903€70k€84k▲
Income taxes67/77€22k€29k▲
Profit (loss) for the period9904€48k€55k▲
Profit (loss) for the period to be appropriated9905€48k€55k▲
Appropriation of the result
Profit (loss) to be appropriated9906€48k€55k▲
Transfer from equity791/2€0-
Transfer to equity691/2€48k€55k▲
To other reserves6921€48k€55k▲
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €27k | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €35k | €19k | €18k | €33k | €37k | ▲ 10.1% |
| Other operating charges640/8 | €1k | €1k | €1k | €1k | €777 | ▼ 42.4% |
| Gross operating margin9900 | €72k | €65k | €71k | €112k | €117k | ▲ 5.0% |
| Operating profit (loss)9901 | €36k | €45k | €52k | €77k | €80k | ▲ 3.6% |
| Financial income75/76B | €256 | €7k | €4k | €4k | €10k | ▲ 189% |
| Recurring financial income75 | €256 | €7k | €4k | €4k | €10k | ▲ 189% |
| Financial charges65/66B | €262 | €14k | €-628 | €11k | €6k | ▼ 46.3% |
| Recurring financial charges65 | €262 | €14k | €-628 | €11k | €6k | ▼ 46.3% |
| Profit (loss) for the period before taxes9903 | €36k | €38k | €57k | €70k | €84k | ▲ 20.6% |
| Income taxes67/77 | €4k | €9k | €14k | €22k | €29k | ▲ 31.1% |
| Profit (loss) for the period9904 | €32k | €29k | €43k | €48k | €55k | ▲ 15.8% |
| Profit (loss) for the period to be appropriated9905 | €32k | €29k | €43k | €48k | €55k | ▲ 15.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €947k | €974k | €386k | €353k | €330k | ▼ 6.6% |
| Fixed assets21/28 | €371k | €361k | €48k | €108k | €73k | ▼ 32.6% |
| Tangible fixed assets22/27 | €371k | €361k | €48k | €108k | €73k | ▼ 32.7% |
| Plant, machinery and equipment23 | €2k | €2k | €2k | €3k | €4k | ▲ 18.2% |
| Furniture and vehicles24 | €16k | €0 | - | €76k | €58k | ▼ 23.9% |
| Other tangible fixed assets26 | €353k | €359k | €47k | €29k | €11k | ▼ 61.0% |
| Financial fixed assets28 | €50 | €50 | €50 | €50 | €50 | = |
| Current assets29/58 | €575k | €613k | €338k | €245k | €257k | ▲ 4.9% |
| Amounts receivable within one year40/41 | €33k | €31k | €7k | €1k | €1k | ▼ 4.7% |
| Trade receivables40 | €24k | €0 | €697 | €1k | €1k | ▼ 4.7% |
| Other amounts receivable41 | €9k | €31k | €6k | €0 | - | - |
| Current investments50/53 | €200k | €186k | €199k | €200k | €200k | = |
| Cash at bank and in hand54/58 | €339k | €394k | €130k | €42k | €54k | ▲ 30.3% |
| Deferred charges and accrued income490/1 | €4k | €1k | €1k | €2k | €1k | ▼ 35.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €947k | €974k | €386k | €353k | €330k | ▼ 6.6% |
| Equity10/15 | €931k | €960k | €153k | €200k | €255k | ▲ 27.6% |
| Contributions10/11 | €31k | €31k | €31k | €31k | €31k | = |
| Reserves13 | €900k | €929k | €122k | €169k | €224k | ▲ 32.6% |
| Non-distributable reserves130/1 | €3k | €3k | €0 | - | - | - |
| Reserves not available under the articles1311 | €3k | €3k | €0 | - | - | - |
| Distributable reserves133 | €897k | €926k | €122k | €169k | €224k | ▲ 32.6% |
| Profit (loss) carried forward14 | - | - | €0 | €0 | - | - |
| Amounts payable17/49 | €16k | €14k | €234k | €153k | €74k | ▼ 51.4% |
| Amounts payable after more than one year17 | - | - | - | €25k | €0 | ▼ 100% |
| Other amounts payable178/9 | - | - | - | €25k | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €15k | €14k | €234k | €128k | €74k | ▼ 41.9% |
| Trade debts44 | €3k | €3k | €3k | €4k | €5k | ▲ 20.4% |
| Suppliers440/4 | €3k | €3k | €3k | €4k | €5k | ▲ 20.4% |
| Taxes, remuneration and social security45 | €12k | €12k | €23k | €17k | €20k | ▲ 16.8% |
| Taxes450/3 | €12k | €12k | €23k | €17k | €20k | ▲ 16.8% |
| Other amounts payable47/48 | €0 | - | €208k | €107k | €49k | ▼ 53.7% |
| Accrued charges and deferred income492/3 | €636 | €25 | €0 | - | €83 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €32k | €29k | €43k | €48k | €55k | ▲ 15.8% |
| + Depreciation and write-downs630 | €35k | €19k | €18k | €33k | €37k | ▲ 10.1% |
| Operating cash flow (approximation) | €67k | €48k | €61k | €81k | €92k | ▲ 13.4% |
| Investment in fixed assets (approximation) | - | €-9k | €295k | €-93k | €-2k | ▲ 98.3% |
| Change in cash | - | €56k | €-264k | €-89k | €13k | ▲ 114% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
10-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €200kEq €200k ▲31.2%
5 profitable years in a row build equity to €200k.
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
21-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
05-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €71k
Net result €71k after 2 loss-making years.
31-12
Financial
Liquidity quadruplescurrent ratio 22.85
Current ratio from 5.53 to 22.85; short-term debt falls from €85k to €23k.
08-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Liquidity triplescurrent ratio 5.53
Current ratio from 2.03 to 5.53; short-term debt falls from €399k to €85k.
04-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
12-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
03-11
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.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Jabbeke · 1 establishment unit since 1995
Ground area
8,935 m²
Building footprint
718 m²
Volume, LiDAR
3,538 m³
Parcel 31035C0442/00K000, Flanders · tallest building 14.5 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Oudenburgweg 69, 8490 Jabbeke
since 19952.238.373.285
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31035C0442/00K000 | Flanders | 8,935 m² | 1 · 718 m² | 14.5 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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 82,553 companies in sector 70200 we hold annual accounts for 52,585. 38,847 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded11-08-1995
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.