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GE EUROPE

Active
Public limited companyfounded 1989active for 37 yearsRobert Schumanplein 2-4, 1040 Brussel, BelgiumKBO/BCE: BE 0438.407.534
Summary

GE EUROPE has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €75.1m and a net result of -€975,278. Equity has been growing by about 12% per year since 2018. Its solvency ranks better than 93% of 2,815 sector peers (NACE 82, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

Source: KBO
Status
Active since 30-09-1989 Normal situation
Registered office
150 active companies are registered at this address 21 started in the 12 months before. Source: KBO register, as of 3 November 2026.
Activity
Other business support services NACE 82990and 1 other
Joint committee
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
Establishment units
2.045.817.496 2940 Stabroek, since 21-11-1989
2.134.148.270 1000 Brussel, since 24-11-2003
Financial year end
31 December
Peppol
Reachable since 02-02-2026

Board and ownership

Board
Auditor
Deloitte Bedrijfsrevisoren/Réviseurs d'Entreprises BV
Shareholders
  • General Electric Companyannual accounts 2025
  • GE Holdings Luxembourg & Co S.a.r.l.annual accounts 2025
Holdings
Shares in 1 company General Electric Deutschland Holding GMBH

Financial position

91 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Turnover
€1.9m
▲ 62.0%
Loss
€975,278
▼ 26.7%
Equity
€75.1m
▼ 1.3%
Total assets
€79.2m
▼ 1.0%
Employees on 31-12-2025
5
▼ 16.7%
Score breakdownraises riskLiquidity: current ratio 0.24lowers riskFounded in 1989Size: turnover €1.9m, 5.3 FTE, total assets €79.2mEquity €75.1m (94.9% of total assets)Show the evidence

Checked score

Score 2025
91 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 67% of micro companies in office administrative support (NACE 82)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 94.9% of total assets
Liquidity 100=
short-term debt 5.1%
Profitability 34+1
return on assets -1.2%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (12,669 companies, NACE 82, micro)
Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025lowest value 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 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 06-2025highest value 08-2025: 0.2%▼ -0.1 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026 11-2026: 0.2%● unchanged vs 10-2026
Credit of up to €190,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.24 (0.23 in 2024), below 1. Short-term debt is 5.1% of total assets. 5.1% 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 82, micro). It does better than 88% of them on solvency, 97% on liquidity, 20% on profitability and 63% on growth.

The bankruptcy probability was computed on 02-11-2026 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

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 0.24
NBB · annual accounts
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
lowers risk · Size: turnover €1.9m, 5.3 FTE, total assets €79.2m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Equity €75.1m (94.9% of total assets)
NBB · annual accounts
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 28-05-2026, 64 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
64 days early
2024
30 days early
2023
27 days early
2022
31 days early
2021
31 days early
2020
2 days early
2019
7 days early
← 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 27 days before the deadline. In the sector (NACE 82), the median for financial year 2024 was 7 days before the deadline, and 35% 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 30 June (4 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
03-11-2026 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: Lower net result than 95% of companies in office administrative supportsector median €21,059 · 2,817 companies -€975,278 View
  • Positive: Turnover rose in 2025from €1.2m to €1.9m ▲ 62.0% View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Caution: 2 loss-making years in a rowloss in financial year 2025 -€975,278 View

Recent changes

  1. · Gazette deed Reappointment: Deloitte Bedrijfsrevisoren/Réviseurs d'Entreprises BV (statutory auditor)Appointment: Deloitte Bedrijfsrevisoren/Réviseurs d'Entreprises BV (statutory auditor)
  2. · Gazette deed Resignation: Andreas Lessman (director)Appointment: Brenda Iris Villarreal e/v Swaak (director)
  3. · Gazette deed Appointments: Zeinah Mugdadi (managing director) and Andreas Lessmann (managing director)
All 19 events

Comparable companies

These companies have the same main activity as GE EUROPE: other business support services (NACE 82990). They are comparable in size and age: total assets between €39m and €87m, founded between 1982 and 2006.

CompanyTotal assetsGross margin
GE EUROPE Brussel€79.2m€1.2m
LEVECO Kuurne€57.8m€1.7m
Hefboom Brussel€39.5m€0.9m
COFINPAR Namur€54.2m-
Invest Minguet Gestion Liège€77.7m-
PROMOBUILD Herselt€59.3m€1.1m
DE WITTE-DE BLICK Brussel€87.1m-
Full comparison

Key facts about GE EUROPE

What is the company number of GE EUROPE?
The company number of GE EUROPE is 0438.407.534. The VAT number is the same number with BE in front: BE 0438.407.534.
Where is GE EUROPE based?
The registered office is at Robert Schumanplein 2-4, 1040 Brussel.Company details
What does GE EUROPE do?
According to the KBO register, the main activity is other business support services (NACE 82990).
What is the legal form of GE EUROPE?
The legal form of GE EUROPE is Public limited company (NV).
When was GE EUROPE founded?
GE EUROPE was founded on 30-09-1989.
Is GE EUROPE still active?
Yes, GE EUROPE is an active enterprise in the KBO register.
How many employees does GE EUROPE have?
GE EUROPE had an average of 5.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does GE EUROPE fall under?
In its 2025 annual accounts, GE EUROPE states joint committee 200 (Aanvullend Paritair Comité voor de bedienden).
What is the turnover of GE EUROPE?
The turnover of GE EUROPE was €1.9m in financial year 2025, according to the filed annual accounts.
Is GE EUROPE profitable?
In financial year 2025, GE EUROPE made a loss of €975,278.
Where can I find the annual accounts of GE EUROPE?
GE EUROPE filed 34 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of GE EUROPE due?
GE EUROPE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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