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GECO

Active
Public limited companyfounded 1990active for 35 yearsHeirbaan 80, 8570 Anzegem, BelgiumKBO/BCE: BE 0442.107.885
Summary

GECO has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.6m and a net result of €11,881, of which €26,127 non-recurring income. Equity remains stable across the filed financial years (±0.6% per year). Its solvency ranks better than 59% of 826 sector peers (NACE 25, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Risk analysisFollow ReportCompare
GECOActiveChecked score 86/100
Risk analysis ReportCompare

Overview

Activity
Manufacture of fabricated metal products, except machinery and equipment
NACE 25120Manufacture of rubber and plastic products NACE 22230
5th largest employer in Anzegem, Manufacturing sector1 site
Size
€3.0mtotal assets 2025
Staff
21.8 FTE
Equity
€1.6m
Profit
€11,881
Net result -95%: other schema
Financial health
86 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Structure
Parent
GECO HOLDING · 100%
2025 accounts 21 days early3 of 14 deeds summarised
Why 86raises riskSector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)lowers riskFounded in 1990Equity €1.6m (53.7% of total assets)Figures for financial year 2025 (filed 10-07-2026)Show the evidence

Checked score

Score 2025
86 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 39% of its sector peers (NACE 25, small)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Average
Solvency 79-10
equity 53.7% of total assets
Liquidity 41-11
short-term debt 42.2% · cash 8.6%
Profitability 31-49
return on assets 0.4%
Bankruptcy probability, 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 0.3% (749 companies, NACE 25, small)
Last 24 months 11-2024: < 0.1%lowest value 12-2024: < 0.1%● unchanged vs 11-2024lowest value 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: 0.1%▲ +0.1 percentage points vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.2%▲ +0.1 percentage points vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026highest value 10-2026: 0.2%● unchanged vs 09-2026highest value
Credit of up to €130,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.09, compared with 2.73 in 2024, above the usual 1.5; short-term debt: 42.2% and cash: 8.6% of total assets), and 46.3% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 25, small): better than 63% on solvency, 41% on liquidity, 15% on profitability and 36% on growth.

The bankruptcy probability was computed on 25-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Founded in 1990
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Sector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
KBO
lowers risk · Equity €1.6m (53.7% of total assets)
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 10-07-2026)
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 10-07-2026, 21 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
21 days early
2024
35 days early
2023
41 days early
2022
132 days early
2021
24 days early
2020
50 days early
2019
23 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 47 days before the deadline; the sector median (NACE 25) for financial year 2024 is 8 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 26 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
26-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Annual accounts filedfinancial year 2024 · abbreviated…
  3. Resignation: VITRA PORTA BV (director)Permanent representative: Mathias THOMA

Key points

  • Caution: Result fell in 2025different schema filed ▼ 94.9% View
  • Positive: 5th largest employer in Anzegem, Manufacturing sectorin the Checked rankings No. 5 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Controlled by GECO HOLDINGultimately: POULEYN HOLDING 100% View

By topic

Financials

Financial year
2025
Total assets
€3.0m
Profit
€11,881
Solvency
53.7%
Go to Financials

Timeline

Events
42
Since
1992
Next accounts
by 31-07-2027
  1. 19-12-2024Resignation: GEDYNAC BV (chair and director)
  2. 20-06-2024Annual accounts filed
  3. 19-06-2024Appointment: BV VITRA PORTA (additional director)
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Manufacture of fabricated metal products, except machinery and…NACE 25120
Founded
13-11-1990
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about GECO

What is the company number of GECO?
0442.107.885. In Belgium the VAT number is the company number with BE in front: BE 0442.107.885.
Where is GECO based?
The registered office is at Heirbaan 80, 8570 Anzegem.Company details
What does GECO do?
According to the KBO register, the main activity is manufacture of fabricated metal products, except machinery and equipment (NACE 25120).
What is the legal form of GECO?
Public limited company (NV).
When was GECO founded?
On 13-11-1990.
Is GECO still active?
Yes, GECO is an active enterprise in the KBO register.
How many employees does GECO have?
On average 21.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of GECO?
€0 in financial year 2018, according to the filed annual accounts.
Is GECO profitable?
In financial year 2025, GECO made a profit of €11,881.
Where can I find the annual accounts of GECO?
GECO filed 35 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of GECO due?
By 31-07-2027, for financial year 2026.Timeline

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