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GARCO

Active
Public limited companyfounded 1983active for 43 yearsBosstraat 24, 3680 Maaseik, BelgiumKBO/BCE: BE 0423.942.161

From the official registers: KBO 43 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

GARCO has been active since 1983 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.7m and a net result of €62,315. Equity is growing by about 3.5% per year across the filed financial years. Its solvency ranks better than 72% of 5,786 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

History

On 9 March 1983, GARCO was incorporated.1 A capital increase in 2023 brought the capital to €635,000.2 GARCO III and GARCO IV were merged into the company in 2023.3 Total assets went from €4.4m in 2023 to €4.0m in 2025.4

  1. 1KBO register
  2. 2Belgian Official Gazette, 06-10-2023
  3. 3Belgian Official Gazette, 23-01-2024
  4. 4National Bank, annual accounts 2023 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
31-08
NBB filing Annual accounts filedNBB
financial year 2025 · full format · 31 days late
05-03
Gazette deed Resignations: Corstjens Godfried, Corstjens Willem and Corstjens Alfred
Appointments: Corstiens Hilde, Corstiens Koen and 3 others9 facts ▸
  • General meeting, 03-02-2026
  • Director resignation, Corstjens Godfried (director)
  • Director resignation, Corstjens Willem (director)
  • Director resignation, Corstjens Alfred (director)
  • Director appointment, Corstiens Hilde (director)
  • Director appointment, Corstiens Koen (director)
  • Director appointment, Corstjens An (director)
  • Director appointment, Corstjens Katrien (director)
  • Director appointment, Corstjens Veerle (director)

Open the act in the Belgian Official Gazette

2025
26-08
NBB filing Annual accounts filedPDF
financial year 2024 · abbreviated format · 26 days late
2024
31-12
Financial Back to profitnet €66,681
Net result €66,681 after one loss-making year.
23-08
NBB filing Annual accounts filedPDF
financial year 2023 · abbreviated format · 23 days late
23-01
Gazette deed Amendment of the articles · Restructuring
Capital · Power of attorney · Registered office clause19 facts ▸
  • Amendment of the articles, 15
  • Amendment of the articles (3 times)
  • Capital, €635,000
  • Power of attorney
  • Power of attorney, An Thielen
  • Power of attorney, NOTARACT Notarissen
  • Registered office clause, “3680 Maaseik,Bosstraat 24 bus 7” (deed in Dutch)
  • General meeting, 20-11-2023
  • Other provision, “kennisname en bespreking fusievoorstel, EERSTE BESLUIT” (deed in Dutch)
  • Merger, “fusie door overneming, TWEEDE BESLUIT” (deed in Dutch) (2 times)
  • Dissolution, 20-11-2023 (2 times)
  • Accounting effect, 01-01-2023
  • +7 further facts in this act

Open the act in the Belgian Official Gazette

2023
06-10
Gazette deed Restructuring · Miscellaneous
Merger · Registered office clause · Capital increase23 facts ▸
  • Merger, 07-07-2023 (2 times)
  • Registered office clause, 01-01-2019, “3680 Maaseik,Bosstraat 24 bus 7” (deed in Dutch) (2 times)
  • Other provision, “inschrijving rechtspersonenregister, rechtspersonenregister te Antwerpen,afdeling Tongeren” (deed in Dutch)
  • Capital increase, €540,000 (2 times)
  • Capital, €635,000
  • Board composition, CORSTJENS Godfried (director) (4 times)
  • Board composition, CORSTJENS Willem (director) (4 times)
  • Board composition, CORSTJENS Alfred (director) (4 times)
  • Capital, €119,911.02
  • Accounting effect, 01-01-2023 (2 times)
  • Other provision, “bijzondere rechten, art.12:50,eerste lid,3° WVV” (deed in Dutch)
  • Other provision, “bijzondere voordelen, art.12:50,eerste lid,4° WVV” (deed in Dutch)
  • +11 further facts in this act

Open the act in the Belgian Official Gazette

03-08
NBB filing Annual accounts filedPDF
financial year 2022 · abbreviated format · 3 days late
2022
29-08
NBB filing Annual accounts filedPDF
financial year 2021 · abbreviated format · 29 days late
2021
31-12
Financial Back to profitnet €240,606
Net result €240,606 after one loss-making year.
30-08
NBB filing Annual accounts filedPDF
financial year 2020 · abbreviated format · 30 days late
2020
31-12
Financial Weakest financial yearnet -€34,299
Net result drops to -€34,299, the lowest in the series; recovery starts the following year.
Show earlier events
03-12
NBB filing Annual accounts filedPDF
financial year 2019 · abbreviated format · 125 days late
2019
31-12
Financial Highest result from 2018 to 2025net €259,249 ▲58.5%
Net result €259,249, the highest in the series.
31-12
Financial Equity above €2mequity €2.2m ▲13.1%
A profit in every financial year since 2018 builds equity to €2.2m.
28-09
NBB filing Annual accounts filedPDF
financial year 2018 · abbreviated format · 59 days late
2018
29-08
NBB filing Annual accounts filedPDF
financial year 2017 · abbreviated format · 29 days late
2017
06-09
NBB filing Annual accounts filedPDF
financial year 2016 · abbreviated format · 37 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

Sources:Publications in the Belgian Official GazetteFilings with the National Bank