G.E.G. TECHNIEK
ActiveG.E.G. TECHNIEK has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €104k and a net result of €15k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 66% of 1329 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
77
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability79▼-21
Solvency84▲+8
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 2.05 against 1.71 in 2023; short-term debt: 41.3% and cash: 33.2% of total assets), and 41.3% 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+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 42
Relative position
BE, all sectors
reference
Sector 42
higher
← 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 · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €104k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
60 d late
2023
30 d late
2022
17 d late
2021
94 d late
2020
5 d early
2019
118 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€104k▲ 17.0%
2023 · €88k
2018: €86k
2019: €114k
2020: €13k
2021: €24k
2022: €35k
2023: €88k
2018 → 2024
Total assets
€176k▲ 2.5%
2023 · €172k
2018: €146k
2019: €175k
2020: €144k
2021: €123k
2022: €166k
2023: €172k
2018 → 2024
Net result
€15k▼ 71.6%
2023 · €53k
2018: €25k
2019: €28k
2020: €34k
2021: €11k
2022: €12k
2023: €53k
2018 → 2024
Working capital
€77k▲ 53.4%
2023 · €50k
2018: €80k
2019: €109k
2020: €2k
2021: €10k
2022: €-11k
2023: €50k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€13k-€24k▲ 88.1%€35k▲ 49.8%€88k▲ 150%€104k▲ 17.0%
Operating result€36k-€16k▼ 57.0%€36k▲ 130%€84k▲ 135%€28k▼ 66.6%
Net result€34k-€11k▼ 67.2%€12k▲ 6.3%€53k▲ 350%€15k▼ 71.6%
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 falls in 2024; 2024 is 67% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €176k
Fixed assets
€27k▼ 48.1%
Current assets
€150k▲ 24.1%
Equity and liabilities €176k
Equity
€104k▲ 17.0%
Debt
€73k▼ 12.9%
The debt ratio falls from 48.6% to 41.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€60k▼
2023 · €116k
Cash flow
€47k▼
2023 · €85k
Solvency
58.7%▲
2023 · 51.4%
Current ratio
2.05▲
2023 · 1.71
Quick ratio
2.05▲
2023 · 1.71
Debt / equity
0.70▼
2023 · 0.95
ROE
14.5%▼
2023 · 59.9%
ROA
8.5%▼
2023 · 30.8%
Interest coverage
18.49▼
2023 · 61.88
Debt
€73k▼
2023 · €84k
Debt ≤ 1 year
€73k▲
2023 · €71k
Income taxes
€10k▼
2023 · €29k
Staff costs
€36k▼
2023 · €49k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€172k€176k▲
Fixed assets21/28€51k€27k▼
Tangible fixed assets22/27€51k€27k▼
Plant, machinery and equipment23€1k€2k▲
Furniture and vehicles24€50k€25k▼
Leasing and similar rights25€0€0=
Financial fixed assets28-€0
Current assets29/58€121k€150k▲
Amounts receivable after more than one year29-€36k
Trade receivables290-€36k
Amounts receivable within one year40/41€57k€51k▼
Trade receivables40€24k€25k▲
Other amounts receivable41€33k€26k▼
Cash at bank and in hand54/58€59k€58k▼
Deferred charges and accrued income490/1€5k€5k▼
Equity and liabilities
Total equity and liabilities10/49€172k€176k▲
Equity10/15€88k€104k▲
Contributions10/11€10k€10k=
Reserves13€78k€94k▲
Distributable reserves133€78k€94k▲
Amounts payable17/49€84k€73k▼
Amounts payable after more than one year17€13k-
Financial debts170/4€13k-
Amounts payable within one year42/48€71k€73k▲
Current portion of amounts payable after more than one year42€22k€13k▼
Trade debts44€5k€21k▲
Suppliers440/4€5k€21k▲
Taxes, remuneration and social security45€44k€39k▼
Taxes450/3€43k€39k▼
Remuneration and social security454/9€988-
Income statement
Code20232024
Remuneration, social security and pensions62€49k€36k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€32k€32k▼
Other operating charges640/8€4k€6k▲
Gross operating margin9900€169k€102k▼
Operating profit (loss)9901€84k€28k▼
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€82k€25k▼
Income taxes67/77€29k€10k▼
Profit (loss) for the period9904€53k€15k▼
Profit (loss) for the period to be appropriated9905€53k€15k▼
Appropriation of the result
Profit (loss) to be appropriated9906€53k€15k▼
Transfer to equity691/2€53k€15k▼
To other reserves6921€53k€15k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
31-12
Financial
Equity above €100kEq €104k ▲17%
7 profitable years in a row build equity to €104k.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Highest result since 2018net €53k ▲350%
Operating result €84k, net result €53k, both a record.
17-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 17 days late
2022
02-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 94 days late
2021
31-12
Financial
Weakest financial yearnet €11k ▼67.2%
Net result drops to €11k, the lowest in the series; recovery starts the following year.
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
26-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 118 days late
2019
31-12
Financial
Equity above €100kEq €114k ▲32%
2 profitable years in a row build equity to €114k.
18-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 49 days late
2018
10-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 41 days late
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
20-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Genk · 1 establishment unit since 2012
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.
Bijlkestraat 853600 GenkGround area
249 m²
Building footprint
129 m²
Volume, LiDAR
518 m³
Parcel 71304D1198/00Y019, Flanders · tallest building 5.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
G.E.G.TECHNIEK
since 20122.209.864.292
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71304D1198/00Y019 | Flanders | 249 m² | 1 · 129 m² | 5.3 m · 1 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.
Recognitions · licences · registrations
Recognised contractor
5 categoriesG.E.G. TECHNIEK BV46461
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AZ CONNECT
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Infra Nova
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KENNECTING
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SDK.TECH
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Of 1,823 companies in sector 42220 we hold annual accounts for 958. 714 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded14-03-2012
Fiscal year end31-12
Activities, NACEBEL
42220Construction of utility projects for electricity and telecommunications
46180Agents specialised in the wholesale of other particular products
47120Other non-specialised retail sale
47910Intermediation services for non-specialised retail
Sources
Crossroads Bank for EnterprisesNational Bank · 12 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.