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BUREAU GESICA

Active
Public limited companyfounded 1989active for 37 yearsRue des Ecoles(Bassil) 23, 7830 Silly, BelgiumKBO/BCE: BE 0437.497.615
Summary

BUREAU GESICA has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €231,967 and a net result of -€12,904. Equity has been growing by about 7.4% per year since 2018. Its solvency ranks better than 60% of 11,268 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Overview

Official details

Source: KBO
Status
Active since 22-05-1989 Normal situation
Activity
Renting and operating of own or leased residential real estate, excluding social housing NACE 68201
Establishment unit
2.043.801.480 7830 Silly, since 19-06-1989
Financial year end
31 December
Peppol
Reachable since 27-02-2026

Board and ownership

Board
  • SRL DEGRAMDirector · permanent representative Morgane DE BIE

Financial position

67 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.9%
Annual accounts 2025
Gross margin
€55,916
▼ 2.0%
Turnover
≈ €72,000
estimated
Loss
€12,904
▲ 37×
Equity
€231,967
▼ 5.3%
Total assets
€529,951
▼ 6.9%
  • 2025 accounts filed 31 days after the deadline
Score breakdownraises riskLiquidity: current ratio 0.07, cash €15, halved1 change of registered office in 24 monthsLast filed accounts filed 31 days late; 1 of the last 3 accounts latelowers riskFounded in 1989Show the evidence

Checked score

Score 2025
67 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 42% of micro companies in real estate (NACE 68)
Financial strength · tick: 2024
Average
Solvency 69+1
equity 43.8% of total assets
Liquidity 32-2
short-term debt 39.3% · cash 0.0%
Profitability 66-3
return on assets -2.4%
Bankruptcy probability within 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%

About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,628 companies, NACE 68, micro)
Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025lowest value 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.3%▲ +0.1 percentage points vs 06-2025 08-2025: 0.4%▲ +0.1 percentage points vs 07-2025 09-2025: 0.5%▲ +0.1 percentage points vs 08-2025 10-2025: 0.5%● unchanged vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 1.1%▲ +0.6 percentage points vs 01-2026 03-2026: 1.1%● unchanged vs 02-2026 04-2026: 1.1%● unchanged vs 03-2026 05-2026: 1.1%● unchanged vs 04-2026 06-2026: 1.3%▲ +0.2 percentage points vs 05-2026 07-2026: 1.3%● unchanged vs 06-2026 08-2026: 1.7%▲ +0.4 percentage points vs 07-2026highest value 09-2026: 0.9%▼ -0.8 percentage points vs 08-2026 10-2026: 0.9%● unchanged vs 09-2026 11-2026: 0.9%● unchanged vs 10-2026
Credit of up to €15,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.07 (0.08 in 2024), below 1. Short-term debt is 39.3% and cash 0% of total assets. 56.2% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro). It does better than 60% of them on solvency, 24% on liquidity, 52% on profitability and 34% on growth.

The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
raises risk · Liquidity: current ratio 0.07, cash €15, halved
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Last filed accounts filed 31 days late; 1 of the last 3 accounts late
NBB · filings
lowers risk · Founded in 1989
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
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 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€12,904
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
31 days late
2024
30 days late
2023
30 days late
2022
31 days late
2021
31 days late
2020
26 days late
2019
21 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 29 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Board changedlatest change 22-01-2026 · 1 in office 1 joined · 2 left View
  • Caution: 2 loss-making years in a rowloss in financial year 2025 -€12,904 View

Recent changes

  1. · Gazette deed Registered office moved from Brussels to SillyNew seat: rue des Ecoles, 23 à 7830 Silly · Previous seat: Chaussée de Vleurgat 144, 1000 Bruxelles · Resignations: Louis DE BIE (managing director) and Morgane DE BIE (director)
  2. · Gazette deed Appointments: DE BIE Louis Charles Elly (administrateur non statutaire, membre du conseil d'administration) and DE BIE Morgane Marie (administrateur non statutaire, membre du conseil d'administration)
  3. · Gazette deed 1 director appointed, 2 reappointedReappointments: Morgane DE BIE (director) and Louis DE BIE (director) · Appointment: Louis DE BIE (managing director)
All 18 events

Comparable companies

These companies have the same main activity as BUREAU GESICA: renting and operating of own or leased residential real estate, excluding social housing (NACE 68201). They are comparable in size and age: total assets between €461,000 and €628,000, founded between 1984 and 1993.

CompanyTotal assetsGross margin
BUREAU GESICA Silly€529,951€55,916
EURODESQ - SART - CULPART Charleroi€628,275€55,460
TAFYMO Boussu€499,621€47,482
LTIM CONSULT Jurbise€511,661€44,775
TOUTIMMO Mons€460,886€47,472
BUILD - INVEST Co Aalter€541,617€56,450
J.B.M.C. Sint-Truiden€583,561€56,461
Full comparison

Key facts about BUREAU GESICA

What is the company number of BUREAU GESICA?
The company number of BUREAU GESICA is 0437.497.615. The VAT number is the same number with BE in front: BE 0437.497.615.
Where is BUREAU GESICA based?
The registered office is at Rue des Ecoles(Bassil) 23, 7830 Silly.Company details
What does BUREAU GESICA do?
According to the KBO register, the main activity is renting and operating of own or leased residential real estate, excluding social housing (NACE 68201).
What is the legal form of BUREAU GESICA?
The legal form of BUREAU GESICA is Public limited company (NV).
When was BUREAU GESICA founded?
BUREAU GESICA was founded on 22-05-1989.
Is BUREAU GESICA still active?
Yes, BUREAU GESICA is an active enterprise in the KBO register.
What is the turnover of BUREAU GESICA?
The turnover in financial year 2025 is ≈ €72,000. This figure is estimated from the gross margin of €55,916 and 45 comparable companies (NACE 682). It probably lies between €62,000 and €92,000.Financials
Is BUREAU GESICA profitable?
In financial year 2025, BUREAU GESICA made a loss of €12,904.
Where can I find the annual accounts of BUREAU GESICA?
BUREAU GESICA filed 35 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of BUREAU GESICA due?
BUREAU GESICA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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