Gecar Constructie
ActiveGecar Constructie has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €161k and a net result of €144k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 44% of 1902 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
73
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+46
Solvency64▲+31
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 5.56 against 1.4 in 2024; short-term debt: 9.8% and cash: 2.1% of total assets), but 61% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Sector 25
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
39%
Return on assets
34.9%
Age of the figures
9 mo
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 dateAge against the risk zone
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 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €161k
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 8 filingsDeviation from the deadline
2025
31 d late
2024
20 d early
2023
13 d early
2022
5 d early
2021
23 d early
2020
31 d late
2019
1 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€161k▲ 603%
2024 · €23k
2018: €20k
2019: €26k
2020: €37k
2021: €41k
2022: €17k
2023: €20k
2024: €23k
2018 → 2025
Total assets
€414k▲ 49.4%
2024 · €277k
2018: €186k
2019: €152k
2020: €132k
2021: €110k
2022: €310k
2023: €298k
2024: €277k
2018 → 2025
Net result
€144k▲ 4,401%
2024 · €3k
2018: €36k
2019: €16k
2020: €17k
2021: €6k
2022: €-23k
2023: €2k
2024: €3k
2018 → 2025
Working capital
€184k▲ 712%
2024 · €23k
2018: €-2k
2019: €10k
2020: €28k
2021: €29k
2022: €29k
2023: €38k
2024: €23k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€41k-€17k▼ 56.9%€20k▲ 13.1%€23k▲ 16.2%€161k▲ 603%
Operating result€11k-€-19k€8k€9k▲ 12.7%€186k▲ 1,963%
Net result€6k-€-23k€2k€3k▲ 40.7%€144k▲ 4,401%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 1,963% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €414k
Fixed assets
€189k▼ 4.0%
Current assets
€225k▲ 180%
Equity and liabilities €414k
Equity
€161k▲ 603%
Provisions
€35k
Debt
€217k▼ 14.4%
The debt ratio falls from 91.7% to 52.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€280k▲
2024 · €24k
Cash flow
€239k▲
2024 · €18k
Solvency
39.0%▲
2024 · 8.3%
Current ratio
5.56▲
2024 · 1.40
Quick ratio
5.19▲
2024 · 0.86
Debt / equity
1.35▼
2024 · 11.05
ROE
89.5%▲
2024 · 14.0%
ROA
34.9%▲
2024 · 1.2%
Interest coverage
45.98▲
2024 · 4.06
Debt
€217k▼
2024 · €254k
Debt ≤ 1 year
€40k▼
2024 · €57k
Debt > 1 year
€177k▼
2024 · €196k
Income taxes
€183▲
2024 · €171
Staff costs
€279
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€277k€414k▲
Fixed assets21/28€197k€189k▼
Tangible fixed assets22/27€196k€188k▼
Land and buildings22€0-
Plant, machinery and equipment23€8k€3k▼
Furniture and vehicles24€0-
Leasing and similar rights25€9k€7k▼
Other tangible fixed assets26€179k€179k=
Financial fixed assets28€400€400=
Current assets29/58€80k€225k▲
Amounts receivable after more than one year29€10k€9k▼
Other amounts receivable291€10k€9k▼
Stocks and contracts in progress3€31k€15k▼
Stocks30/36€21k€10k▼
Contracts in progress37€10k€5k▼
Amounts receivable within one year40/41€10k€188k▲
Trade receivables40€7k€13k▲
Other amounts receivable41€3k€174k▲
Cash at bank and in hand54/58€23k€9k▼
Deferred charges and accrued income490/1€5k€4k▼
Equity and liabilities
Total equity and liabilities10/49€277k€414k▲
Equity10/15€23k€161k▲
Contributions10/11€12k€12k=
Reserves13€21k€155k▲
Tax-exempt reserves132-€140k
Distributable reserves133€21k€15k▼
Profit (loss) carried forward14€-10k€-6k▲
Provisions and deferred taxes16-€35k
Deferred taxes168-€35k
Amounts payable17/49€254k€217k▼
Amounts payable after more than one year17€196k€177k▼
Financial debts170/4€196k€177k▼
Amounts payable within one year42/48€57k€40k▼
Current portion of amounts payable after more than one year42€32k€17k▼
Trade debts44€6k€10k▲
Suppliers440/4€6k€10k▲
Taxes, remuneration and social security45€5k€1k▼
Taxes450/3€5k€1k▼
Other amounts payable47/48€14k€12k▼
Income statement
Code20242025
Remuneration, social security and pensions62-€279
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€94k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€11k
Other operating charges640/8€3k€4k▲
Gross operating margin9900€27k€295k▲
Operating profit (loss)9901€9k€186k▲
Financial income75/76B€263€189▼
Recurring financial income75€263€189▼
Financial charges65/66B€6k€6k▲
Recurring financial charges65€6k€6k▲
Profit (loss) for the period before taxes9903€3k€180k▲
Transfer from deferred taxes780-€16k
Transfer to deferred taxes680-€51k
Income taxes67/77€171€183▲
Profit (loss) for the period9904€3k€144k▲
Transfer from tax-exempt reserves789-€64k
Transfer to tax-exempt reserves689-€203k
Profit (loss) for the period to be appropriated9905€3k€5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-10k€-6k▲
Profit (loss) brought forward from the previous period14P€-14k€-10k▲
Transfer from equity791/2-€6k
Profit to be distributed694/7-€6k
Return on contributions (dividend)694-€6k
The notes to these accounts (19 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Highest result since 2018net €144k ▲4401%
Operating result €186k, net result €144k, both a record.
31-12
Financial
Liquidity quadruplescurrent ratio 5.56
Current ratio from 1.40 to 5.56; short-term debt falls from €57k to €40k.
31-12
Financial
Equity above €150kEq €161k ▲603%
3 profitable years in a row build equity to €161k.
11-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
18-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-23k ▼495%
Net result drops to €-23k, the lowest in the series; recovery starts the following year.
08-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
06-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 159 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Staden · 1 establishment unit since 2018
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.
Westrozebekestraat(ONK) 248840 StadenGround area
306 m²
Building footprint
129 m²
Parcel 36014D0031/00Z000, Flanders. Linked by address, not a title deed.
1 establishment unit
Gecar Constructie
since 20182.274.692.461
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36014D0031/00Z000 | Flanders | 306 m² | 1 · 129 m² | - |
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
PUTS CONSTRUCT
BE 0677.501.547
Berlare · Eq €162k
BRUS
BE 0723.725.215
Sint-Gillis (bij-Brussel) · Eq €161k
CUBIK
BE 0771.311.534
Roeselare · Eq €162k
F.M. INDUSTRIES
BE 0894.096.708
Lokeren · Eq €161k
PG PROJECT
BE 0895.562.495
Halen · Eq €163k
Of 3,986 companies in sector 25110 we hold annual accounts for 2,147. 1,662 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-03-2018
Fiscal year end31-12
Activities, NACEBEL
25110Manufacture of metal structures and parts of structures
43320Joinery installation
43350Other building finishing work
71111Activities of building architects
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.