Skip to content

G.E.S. TAX ADVISOR

Active
Private limited companyfounded 20206 yrs activeClos Saint-Léonard 23, 4840 Welkenraedt, BelgiumKBO/BCE: BE 0742.925.968

G.E.S. TAX ADVISOR has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €16k and a net result of €35k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 13% of 12690 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
76 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability94▼-6
Solvency34=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.17 against 1.07 in 2024; short-term debt: 46.5% and cash: 52.2% of total assets), and 90.5% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Nine signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 6 years 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
9.5%
Return on assets
20.1%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 12690 sector peers (2025).
NBB · sector comparison
Position among 12690 sector peers
Solvency
better than 13%
← weakest strongest →
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 2025
Equity per financial year
202122232425
2020 to 2025 · latest year €16k
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 22-02-2026, 159 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
159 d early
2024
183 d early
2023
135 d early
2022
167 d early
2021
93 d early
2020
61 d early
← before the deadline after the deadline →
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 months
Position in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€16k▲ 152%
2024 · €7k
2020: €52k 2021: €78k 2022: €44k 2023: €8k 2024: €7k
2020 → 2025
Total assets
€173k▲ 136%
2024 · €73k
2020: €94k 2021: €109k 2022: €62k 2023: €59k 2024: €73k
2020 → 2025
Net result
€35k▼ 20.0%
2024 · €44k
2020: €47k 2021: €27k 2022: €26k 2023: €33k 2024: €44k
2020 → 2025
Working capital
€14k▲ 205%
2024 · €5k
2020: €41k 2021: €65k 2022: €34k 2023: €2k 2024: €5k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€78k-€44k▼ 43.7%€8k▼ 82.0%€7k▼ 17.5%€16k▲ 152%
Operating result€35k-€34k▼ 4.0%€43k▲ 25.7%€56k▲ 31.1%€45k▼ 18.8%
Net result€27k-€26k▼ 4.4%€33k▲ 26.7%€44k▲ 32.6%€35k▼ 20.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40k€60kOperating result 2021: €35k€35kNet result 2021: €27k€27kOperating result 2022: €34k€34kNet result 2022: €26k€26kOperating result 2023: €43k€43kNet result 2023: €33k€33kOperating result 2024: €56k€56kNet result 2024: €44k€44kOperating result 2025: €45k€45kNet result 2025: €35k€35k20212022202320242025
The operating result falls in 2025; 2025 is 19% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €173k
Fixed assets €79k▲ 3,881%
Current assets €94k▲ 32.4%
Equity and liabilities €173k
Equity €16k▲ 152%
Debt €157k▲ 135%
The debt ratio falls from 91.1% to 90.5%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€70k
2024 · €61k
Cash flow
€59k
2024 · €48k
Solvency
9.5%
2024 · 8.9%
Current ratio
1.17
2024 · 1.07
Quick ratio
1.17
2024 · 1.07
Debt / equity
9.55
2024 · 10.24
ROE
212.4%
2024 · 668.8%
ROA
20.1%
2024 · 59.5%
Interest coverage
67.85
2024 · 153.42
Debt
€157k
2024 · €67k
Debt ≤ 1 year
€81k
2024 · €67k
Debt > 1 year
€76k
Income taxes
€10k
2024 · €12k
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€73k€173k
Formation expenses20€0€0=
Fixed assets21/28€2k€79k
Tangible fixed assets22/27€2k€79k
Land and buildings22-€77k
Furniture and vehicles24€2k€2k
Current assets29/58€71k€94k
Amounts receivable within one year40/41€974€3k
Other amounts receivable41€974€3k
Cash at bank and in hand54/58€70k€90k
Deferred charges and accrued income490/1€613€603
Equity and liabilities
Total equity and liabilities10/49€73k€173k
Equity10/15€7k€16k
Contributions10/11€5k€5k=
Profit (loss) carried forward14€2k€11k
Amounts payable17/49€67k€157k
Amounts payable after more than one year17-€76k
Financial debts170/4-€76k
Amounts payable within one year42/48€67k€81k
Current portion of amounts payable after more than one year42-€7k
Trade debts44€55€95
Suppliers440/4€55€95
Taxes, remuneration and social security45€20k€17k
Taxes450/3€20k€17k
Other amounts payable47/48€47k€56k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€25k
Other operating charges640/8€256€264
Gross operating margin9900€61k€70k
Operating profit (loss)9901€56k€45k
Financial charges65/66B€396€1k
Recurring financial charges65€396€1k
Profit (loss) for the period before taxes9903€56k€44k
Income taxes67/77€12k€10k
Profit (loss) for the period9904€44k€35k
Profit (loss) for the period to be appropriated9905€44k€35k
Appropriation of the result
Profit (loss) to be appropriated9906€47k€36k
Profit (loss) brought forward from the previous period14P€3k€2k
Profit to be distributed694/7€45k€25k
Return on contributions (dividend)694€45k€25k

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
22-02
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
29-01
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
18-03
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
14-02
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Weakest financial yearnet €26k ▼4.4%
Net result drops to €26k, the lowest in the series; recovery starts the following year.
29-04
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-05
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
1 act for this company is 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, Welkenraedt · 1 establishment unit since 2020
establishment The establishment unit on the map
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.

Clos Saint-Léonard 234840 Welkenraedt
Ground area
493 m²
Building footprint
85 m²
Volume, LiDAR
666 m³
Parcel 63084B0097/00T005, Wallonia · tallest building 9.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
G.E.S. Tax advisor srl
Clos Saint-Léonard 23, 4840 WelkenraedtCertified accountants and tax accountants
since 20202.298.809.235
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
63084B0097/00T005 Wallonia 493 m² 1 · 85 m² 9.8 m · 3 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

Of 12,175 companies in sector 69201 we hold annual accounts for 7,638. 4,050 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded05-02-2020
Fiscal year end31-12
Activities, NACEBEL
69201Certified accountants and tax accountants
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers

Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.