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GECHRI

Active
Private limited companyfounded 199729 yrs activeGuffenslaan 70, 3500 Hasselt, BelgiumKBO/BCE: BE 0460.593.018
Summary

GECHRI has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €249k and a net result of €19k. Equity remains stable across the filed fiscal years (±0.4% per year). Its solvency ranks better than 79% of 4659 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability75▼-9
Solvency90▼-8
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19k at 30 days acceptable
Liquidity short (current ratio 0.75 against 0.72 in 2024; short-term debt: 35.5% and cash: 17.5% of total assets), and 35.5% of the assets are financed with debt.
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Signals

Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 29 years 0 30 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
64.5%
Return on assets
5%
Age of the figures
9 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 07-07-2026, 24 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
24 d early
2024
49 d early
2023
49 d early
2022
38 d early
2021
44 d early
2020
39 d early
2019
50 d early
← before the deadline after the deadline →
Checked, nothing found (2)
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
25-09-2026 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
€249k▼ 6.8%
2024 · €267k
Total assets
€385k▲ 5.1%
2024 · €366k
Net result
€19k▼ 57.2%
2024 · €45k
Working capital
€-34k▼ 21.4%
2024 · €-28k
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€21k▼ 63.7%€-30k€51k€70k▲ 36.1%€43k▼ 38.9%
Net result€13k▼ 66.1%€-34k€36k€45k▲ 24.4%€19k▼ 57.2%
Equity€277k▲ 4.8%€232k▼ 16.2%€224k▼ 3.4%€267k▲ 19.1%€249k▼ 6.8%
Total assets€361k▲ 5.5%€322k▼ 10.8%€357k▲ 11.0%€366k▲ 2.6%€385k▲ 5.1%
Debt€84k▲ 8.1%€90k▲ 6.8%€133k▲ 48.1%€100k▼ 25.2%€137k▲ 36.9%
Working capital€-9k▲ 79.1%€-33k▼ 255%€-31k▲ 8.2%€-28k▲ 8.1%€-34k▼ 21.4%
Staff (FTE)5.4=5▼ 7.4%4.6▼ 8.0%3.5▼ 23.9%4.9▲ 40.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-50k€0€50kOperating result 2021: €21k€21kNet result 2021: €13k€13kOperating result 2022: €-30k€-30kNet result 2022: €-34k€-34kOperating result 2023: €51k€51kNet result 2023: €36k€36kOperating result 2024: €70k€70kNet result 2024: €45k€45kOperating result 2025: €43k€43kNet result 2025: €19k€19k20212022202320242025€0€20k€40k€60kOperating result 2023: €51k€51kNet result 2023: €36k€36kOperating result 2024: €70k€70kNet result 2024: €45k€45kOperating result 2025: €43k€43kNet result 2025: €19k€19k202320242025
The operating result falls in 2025; 2025 is 39% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €385k
Fixed assets €283k ▼ 4.1%
Current assets €102k ▲ 42.9%
Equity and liabilities €385k
Equity €249k ▼ 6.8%
Debt €137k ▲ 36.9%
Debt's share of the balance-sheet total rises from 27.2% to 35.5%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€63k▼
2024 · €83k
Cash flow
€40k▼
2024 · €58k
Current ratio
0.75▲
2024 · 0.72
Quick ratio
0.65▲
2024 · 0.57
Debt to equity
0.55▲
2024 · 0.37
ROE
7.7%▼
2024 · 16.8%
ROA
5.0%▼
2024 · 12.2%
Interest coverage
5.97▼
2024 · 16.46
Debt ≤ 1 year
€137k▲
2024 · €100k
Income taxes
€13k▼
2024 · €20k
Staff costs
€270k▲
2024 · €217k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 53 lines
Balance sheet Code20242025
Assets
Total assets20/58€366k€385k▲
Fixed assets21/28€295k€283k▼
Tangible fixed assets22/27€294k€282k▼
Land and buildings22€263k€251k▼
Plant, machinery and equipment23€11k€13k▲
Furniture and vehicles24€20k€18k▼
Financial fixed assets28€300€300=
Current assets29/58€72k€102k▲
Stocks and contracts in progress3€15k€13k▼
Stocks30/36€15k€13k▼
Amounts receivable within one year40/41€9k€4k▼
Trade receivables40-€384
Other amounts receivable41€9k€4k▼
Cash at bank and in hand54/58€48k€68k▲
Deferred charges and accrued income490/1€65€18k▲
Equity and liabilities
Total equity and liabilities10/49€366k€385k▲
Equity10/15€267k€249k▼
Contributions10/11€19k€19k=
Reserves13€149k€131k▼
Tax-exempt reserves132€18k€18k=
Distributable reserves133€130k€112k▼
Profit (loss) carried forward14€99k€99k=
Amounts payable17/49€100k€137k▲
Amounts payable within one year42/48€100k€137k▲
Trade debts44€5k€12k▲
Suppliers440/4€5k€12k▲
Taxes, remuneration and social security45€63k€80k▲
Taxes450/3€35k€35k=
Remuneration and social security454/9€28k€45k▲
Other amounts payable47/48€32k€44k▲
Accrued charges and deferred income492/3€0-
Income statement Code20242025
Non-recurring operating income76A-€17k
Remuneration, social security and pensions62€217k€270k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€20k▲
Other operating charges640/8€6k€4k▼
Gross operating margin9900€306k€338k▲
Operating profit (loss)9901€70k€43k▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€5k€11k▲
Recurring financial charges65€5k€11k▲
Profit (loss) for the period before taxes9903€65k€32k▼
Income taxes67/77€20k€13k▼
Profit (loss) for the period9904€45k€19k▼
Profit (loss) for the period to be appropriated9905€45k€19k▼
Appropriation of the result
Profit (loss) to be appropriated9906€144k€118k▼
Profit (loss) brought forward from the previous period14P€99k€99k=
Transfer from equity791/2€0€37k▲
Transfer to equity691/2€43k€19k▼
To other reserves6921€43k€19k▼
Profit to be distributed694/7€2k€37k▲
Return on contributions (dividend)694€2k€37k▲
Directors or managers695-€0

The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A----€17k-
Remuneration, social security and pensions62€160k€221k€246k€217k€270k▲ 24.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€23k€13k€14k€20k▲ 51.1%
Other operating charges640/8€5k€5k€5k€6k€4k▼ 31.0%
Gross operating margin9900€209k€218k€316k€306k€338k▲ 10.3%
Operating profit (loss)9901€21k€-30k€51k€70k€43k▼ 38.9%
Financial income75/76B€4€230€1€0--
Recurring financial income75€4€230€1€0--
Financial charges65/66B€1k€4k€5k€5k€11k▲ 109%
Recurring financial charges65€1k€4k€5k€5k€11k▲ 109%
Profit (loss) for the period before taxes9903€20k€-34k€46k€65k€32k▼ 50.5%
Income taxes67/77€7k€663€10k€20k€13k▼ 35.5%
Profit (loss) for the period9904€13k€-34k€36k€45k€19k▼ 57.2%
Profit (loss) for the period to be appropriated9905€13k€-34k€36k€45k€19k▼ 57.2%
Line20212022202320242025Change
Assets
Total assets20/58€361k€322k€357k€366k€385k▲ 5.1%
Fixed assets21/28€286k€265k€255k€295k€283k▼ 4.1%
Tangible fixed assets22/27€286k€265k€254k€294k€282k▼ 4.1%
Land and buildings22€268k€257k€247k€263k€251k▼ 4.5%
Plant, machinery and equipment23€6k€5k€6k€11k€13k▲ 14.1%
Furniture and vehicles24€12k€3k€2k€20k€18k▼ 8.4%
Financial fixed assets28€300€300€300€300€300=
Current assets29/58€75k€57k€103k€72k€102k▲ 42.9%
Stocks and contracts in progress3€15k€13k€13k€15k€13k▼ 14.2%
Stocks30/36€15k€13k€13k€15k€13k▼ 14.2%
Amounts receivable within one year40/41€8k€8k€7k€9k€4k▼ 51.5%
Trade receivables40€3k€0--€384-
Other amounts receivable41€5k€8k€7k€9k€4k▼ 55.9%
Cash at bank and in hand54/58€42k€33k€80k€48k€68k▲ 42.0%
Deferred charges and accrued income490/1€10k€3k€3k€65€18k▲ 27,014%
Equity and liabilities
Total equity and liabilities10/49€361k€322k€357k€366k€385k▲ 5.1%
Equity10/15€277k€232k€224k€267k€249k▼ 6.8%
Contributions10/11€19k€19k€19k€19k€19k=
Reserves13€124k€114k€106k€149k€131k▼ 12.2%
Non-distributable reserves130/1€2k€0----
Reserves not available under the articles1311€2k€0----
Tax-exempt reserves132€18k€18k€18k€18k€18k=
Distributable reserves133€104k€96k€88k€130k€112k▼ 13.9%
Profit (loss) carried forward14€134k€99k€99k€99k€99k=
Amounts payable17/49€84k€90k€133k€100k€137k▲ 36.9%
Amounts payable within one year42/48€84k€90k€133k€100k€137k▲ 36.9%
Current portion of amounts payable after more than one year42€0-----
Trade debts44€27k€12k€16k€5k€12k▲ 167%
Suppliers440/4€27k€12k€16k€5k€12k▲ 167%
Advances received on contracts in progress46€229€0----
Taxes, remuneration and social security45€49k€59k€67k€63k€80k▲ 27.5%
Taxes450/3€18k€26k€32k€35k€35k=
Remuneration and social security454/9€31k€33k€35k€28k€45k▲ 62.5%
Other amounts payable47/48€8k€19k€51k€32k€44k▲ 36.9%
Accrued charges and deferred income492/3--€53€0--
Line20212022202320242025Change
Profit (loss) for the period9904€13k€-34k€36k€45k€19k▼ 57.2%
+ Depreciation and write-downs630€23k€23k€13k€14k€20k▲ 51.1%
Operating cash flow (approximation)€36k€-11k€49k€58k€40k▼ 32.0%
Investment in fixed assets (approximation)-€-2k€-3k€-54k€-8k▲ 84.3%
Change in cash-€-9k€47k€-32k€20k▲ 162%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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More with these figures Sector benchmark What changed Value indication

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
07-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
12-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
12-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Back to profitnet €36k
Net result €36k after one loss-making year.
23-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Weakest financial yearnet €-34k
Net result drops to €-34k, the lowest in the series; recovery starts the following year.
17-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
22-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Back to profitnet €37k
Net result €37k after one loss-making year.
11-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
13-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
30-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
20-06
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.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 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, Hasselt · 1 establishment unit since 1997
seat establishment The establishment unit on the map
Ground area
593 m²
Building footprint
81 m²
Volume, LiDAR
1,005 m³
Parcel 71022H0585/00C002, Flanders · tallest building 15.7 m, ±5 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
KAPSALON LOWET
Guffenslaan 70, 3500 HasseltWarehousing and support activities for transportation
since 19972.082.416.388
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71022H0585/00C002 Flanders 593 m² 1 · 81 m² 15.7 m · 5 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2022 · 2 entries · 885 EUR awarded · 885 EUR paid
Year Entries awardedpaid
2022 2 885 EUR885 EUR
Schemes
Stagebonus (stopgezet)
1 entry · 750 EUR · 750 EUR paid · Departement Werk en Sociale Economie
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
1 entry · 135 EUR · 135 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Dual-learning approval

3 live approvals · 3 ended
Haarverzorging duaal (so)
Goedgekeurd · 2022 to 2027
Kapper (vwo)
Goedgekeurd · 2022 to 2027
Kapper-stylist duaal (so)
Goedgekeurd · 2022 to 2027
Show 3 ended approvals
Kapper (so)
discontinued · 2022 to 2025
Kapper-salonverantwoordelijke (so)
discontinued · 2022 to 2025
Kapper (so)
ended · 2017 to 2022

Similar companies · same sector, comparable size

Of 21,739 companies in sector 96210 we hold annual accounts for 2,827. 1,190 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded30-04-1997
Fiscal year end31-12
Activities, NACEBEL 2025
96210Hairdressing and barber services

Scores and ratios are computed by Checked and are not a credit decision.