GACO
ActiveGACO has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €845k and a net result of €-8k. Equity remains stable across the filed fiscal years (±0.1% per year). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
91
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability68▲+51
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €75k at 30 days acceptable
short-term debt: 0.1% and cash: 28.1% of total assets, and 0.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises 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
Sector 70
lower
← 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
99.9%
Return on assets
-0.9%
Age of the figures
21 mo
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 06-06-2026, 55 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
55 d early
2024
19 d late
2023
33 d early
2022
35 d early
2021
31 d early
2020
35 d early
2019
34 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 monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2024, abbreviated schema
Equity
€845k▼ 4.1%
2023 · €881k
2018: €303k
2019: €301k
2020: €301k
2021: €300k
2022: €293k
2023: €881k
2018 → 2024
Total assets
€846k▼ 4.3%
2023 · €884k
2018: €519k
2019: €517k
2020: €519k
2021: €520k
2022: €913k
2023: €884k
2018 → 2024
Net result
€-8k▲ 36.2%
2023 · €-12k
2018: €13k
2019: €-2k
2020: €276
2021: €-1k
2022: €-7k
2023: €-12k
2018 → 2024
Working capital
€240k▼ 9.9%
2023 · €266k
2018: €87k
2019: €85k
2020: €85k
2021: €84k
2022: €-332k
2023: €266k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€301k-€300k▼ 0.4%€293k▼ 2.2%€881k▲ 200%€845k▼ 4.1%
Operating result€2k-€116▼ 93.8%€-6k€-13k▼ 102%€-9k▲ 29.0%
Net result€276-€-1k€-7k▼ 393%€-12k▼ 85.1%€-8k▲ 36.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €9k in 2024 against €13k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €846k
Fixed assets
€605k▼ 1.7%
Current assets
€241k▼ 10.4%
Equity and liabilities €846k
Equity
€845k▼ 4.1%
Debt
€1k▼ 61.0%
The debt ratio falls from 0.3% to 0.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€986▲
2023 · €-3k
Cash flow
€3k▲
2023 · €-2k
Solvency
99.9%▲
2023 · 99.7%
Debt / equity
0.00▼
2023 · 0.00
ROE
-0.9%▲
2023 · -1.4%
ROA
-0.9%▲
2023 · -1.4%
Interest coverage
12.35▲
2023 · -36.02
Debt
€1k▼
2023 · €3k
Debt ≤ 1 year
€1k▼
2023 · €3k
A ratio outside any meaningful range has been withheld (balance sheet total €846k, equity €845k).
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€884k€846k▼
Fixed assets21/28€615k€605k▼
Tangible fixed assets22/27€615k€605k▼
Land and buildings22€392k€382k▼
Plant, machinery and equipment23€8k€7k▼
Other tangible fixed assets26€216k€216k=
Current assets29/58€269k€241k▼
Amounts receivable within one year40/41€4k€3k▼
Other amounts receivable41€4k€3k▼
Cash at bank and in hand54/58€264k€238k▼
Deferred charges and accrued income490/1€360€376▲
Equity and liabilities
Total equity and liabilities10/49€884k€846k▼
Equity10/15€881k€845k▼
Contributions10/11€662k€662k=
Capital10€662k€662k=
Issued capital100€662k€662k=
Reserves13€213k€182k▼
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€207k€176k▼
Profit (loss) carried forward14€6k€439▼
Amounts payable17/49€3k€1k▼
Amounts payable within one year42/48€3k€1k▼
Trade debts44€3k€1k▼
Suppliers440/4€3k€1k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€10k=
Other operating charges640/8€1k€2k▲
Gross operating margin9900€-1k€3k▲
Operating profit (loss)9901€-13k€-9k▲
Financial income75/76B€1k€2k▲
Recurring financial income75€1k€2k▲
Financial charges65/66B€78€80▲
Recurring financial charges65€78€80▲
Profit (loss) for the period before taxes9903€-12k€-8k▲
Profit (loss) for the period9904€-12k€-8k▲
Profit (loss) for the period to be appropriated9905€-12k€-8k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-6k€-2k▲
Profit (loss) brought forward from the previous period14P€6k€6k▼
Transfer from equity791/2€12k€31k▲
Profit to be distributed694/7-€29k
Return on contributions (dividend)694-€29k
The notes to these accounts (3 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
06-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
19-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 19 days late
2024
31-12
Financial
Liquidity doublescurrent ratio 204.11
Current ratio from 88.80 to 204.11; short-term debt falls from €3k to €1k.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €-12k
Net result drops to €-12k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 192current ratio 88.80
Current ratio from 0.46 to 88.80; short-term debt falls from €620k to €3k.
31-12
Financial
Equity above €500kEq €881k ▲200%
Equity rises from €293k to €881k.
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
26-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €276
Net result €276 after one loss-making year.
27-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
23-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
26-06
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
6 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, Brugge · 1 establishment unit since 1999
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.
Abelendreef 168200 BruggeGround area
2,300 m²
Building footprint
253 m²
Volume, LiDAR
1,742 m³
Parcel 31030A0654/00F000, Flanders · tallest building 10.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Abelendreef 16, 8200 Brugge
since 19992.090.964.860
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31030A0654/00F000 | Flanders | 2,300 m² | 1 · 253 m² | 10.5 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 82,570 companies in sector 70200 we hold annual accounts for 52,574. 29,676 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded10-12-1998
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.