GECI SERVICES
Open bankruptcyA bankruptcy procedure is open for GECI SERVICES according to publications in the Belgian Official Gazette; trustee: Yves Francois.
Summary
The file additionally contains 2 judicial reorganisation notices. The 2020 annual accounts show negative equity (-€34,859) and a net result of -€20,811.
Are you a creditor?
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Ghent, Kortrijk division
- Declared bankrupt
- 3 January 2023
- Supervising judge
- Peter Herpels
- Official Gazette
- 09-01-2023 (pdf) ↗search the document for 2023/100370
Deadlines
- Provisional date payments stopped
- 3 January 2023A later judgment can change the date.art. XX.105, Code of Economic Law
- Appeal or third-party opposition until
- passed on 24 January 2023Fifteen days after the publication in the Official Gazette.art. XX.108, Code of Economic Law
- File the claim in RegSol until
- passed on 2 February 2023art. XX.104 and XX.155, Code of Economic Law
- First verification report
- passed on 21 February 2023Reclaim goods that are still yours, such as goods delivered under retention of title, before this day.art. XX.104 and XX.194, Code of Economic Law
- Late claim until
- passed on 3 January 2024A late claim shares only in what has not yet been paid out, and you bear its costs.art. XX.165, Code of Economic Law
Trustee
- Yves FrancoisEertbruggestraat 10, 8790 Waregeminfo@advocaatfrancois.be
What to do now
- Stop delivering on credit unless the trustee agrees.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the trustee's reports appear there.
These deadlines come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
General information, not legal advice. If in doubt, the trustee, your lawyer or your accountant can help.Creditor guide for this company
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Overview
- Equity
- -€34,859
- Loss
- -€20,811
Signalsraises riskOpen bankruptcyneutralFiled after the deadlineShow the evidence
Signals
This company filed its last 5 accounts on average 227 days after the deadline; the sector median (NACE 90) for financial year 2020 is 2 days before the deadline, and 45% of those companies filed late.
Searched, nothing found (1)
- OpeningEnterprise Court of Ghent, Kortrijk…
- Plan homologationEnterprise Court of Ghent ·…
- OpeningEnterprise Court of Ghent ·…
Financials · financial year 2020, micro format
2018 to 2020, 3 financial years 2018 to 2020, 3 financial years
The operating result stays negative: a loss of €27,610 in 2020 against €17,317 in 2019; the loss grows and 2020 has the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 90, Arts creation and performing arts activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14,830 | €17,834 | €16,934 | ▼ 5.0% |
| Gross operating margin9900 | €57,075 | €12,736 | -€8,013 | ▼ 163% |
| Operating profit (loss)9901 | €40,743 | -€17,317 | -€27,610 | ▼ 59.4% |
| Recurring financial income75 | €652 | €6 | €5 | ▼ 20.3% |
| Recurring financial charges65 | €294 | €546 | €406 | ▼ 25.8% |
| Profit (loss) for the period before taxes9903 | €40,881 | -€2,663 | -€20,598 | ▼ 673% |
| Income taxes67/77 | - | €253 | €214 | ▼ 15.5% |
| Profit (loss) for the period9904 | €40,881 | -€2,916 | -€20,811 | ▼ 614% |
| Profit (loss) for the period to be appropriated9905 | €40,881 | -€2,916 | -€20,811 | ▼ 614% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €152,394 | €101,482 | €45,999 | ▼ 54.7% |
| Fixed assets21/28 | €49,343 | €43,874 | €22,440 | ▼ 48.9% |
| Tangible fixed assets22/27 | €45,343 | €39,874 | €18,440 | ▼ 53.8% |
| Financial fixed assets28 | €4,000 | €4,000 | €4,000 | = |
| Current assets29/58 | €103,051 | €57,608 | €23,559 | ▼ 59.1% |
| Stocks and contracts in progress3 | - | €7,501 | €12,309 | ▲ 64.1% |
| Amounts receivable within one year40/41 | €78,754 | €49,179 | €7,461 | ▼ 84.8% |
| Cash at bank and in hand54/58 | €23,828 | €24 | €28 | ▲ 19.4% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €152,394 | €101,482 | €45,999 | ▼ 54.7% |
| Equity10/15 | -€11,133 | -€14,048 | -€34,859 | ▼ 148% |
| Contributions10/11 | €20,000 | €20,000 | - | - |
| Profit (loss) carried forward14 | -€31,133 | -€34,048 | -€54,859 | ▼ 61.1% |
| Amounts payable17/49 | €163,527 | €115,530 | €80,858 | ▼ 30.0% |
| Amounts payable within one year42/48 | €163,527 | €111,575 | €80,828 | ▼ 27.6% |
| Trade debts44 | €147,521 | €60,357 | €38,015 | ▼ 37.0% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €40,881 | -€2,916 | -€20,811 | ▼ 614% |
| + Depreciation and write-downs630 | €14,830 | €17,834 | €16,934 | ▼ 5.0% |
| Operating cash flow (approximation) | €55,711 | €14,919 | -€3,877 | ▼ 126% |
| Investment in fixed assets (approximation) | - | -€12,365 | €4,500 | ▲ 136% |
| Change in cash | - | -€23,804 | €5 | ▲ 100% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Similar companies · same sector
Public contracts: not fully processed yet. The notices from December 2020 to September 2026 are still being read.
Directors
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Trustee | Yves FRANCOIS Eertbruggestraat 10, 8790 Waregem |
03-01-2023 → present |
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
History
Acts, filings and financial milestones
About the unread acts
We know of 5 Belgian Official Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Register details
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 10 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 34452B0579/00N000 | Flanders | 5,346 m² | 1 · 515 m² | 17.9 m · 5 |
| 34452B0500/00F000 | Flanders | 674 m² | 1 · 80 m² | 5.8 m · 2 |