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GECO CONSULTING

Active
Private limited companyfounded 2004active for 22 yearsLandsroemlaan 3, 1081 Koekelberg, BelgiumKBO/BCE: BE 0863.577.142
Summary

GECO CONSULTING has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€30,813) and a net result of -€733. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 9% of 37,945 sector peers (NACE 70, financial year 2024). The computed 12-month bankruptcy probability is 0.6% (low).

Overview

Activity
Business and other management consultancy
NACE 70200
1 site
Size
€556,572total assets 2024
Staff
4.7 FTE
Equity
-€30,813
Loss
-€733
Turnover not published (micro format)
Financial health
54 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
0.6%
Structure
Accounts 71 days overdue0 of 5 deeds read
Why 54raises riskCapped at 59: negative equity1 financial year not filed after the legal deadline; latest accounts 98 days late; 3 of the last 3 latelowers riskFounded in 2004Sector: Activities of head offices; management consultancy activities (NACE 70)Size: total assets €556,572Show the evidence

Checked score

Score 2024
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 27% of its sector peers (NACE 70, micro)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Average
Solvency 19=
equity -5.5% of total assets
Liquidity 50=
short-term debt 102.4% · cash 51.8%
Profitability 69=
return on assets -0.1%
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (48,305 companies, NACE 70, micro)
Last 24 months 11-2024: 3.3%highest value 12-2024: 0.4%▼ -2.9 percentage points vs 11-2024 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025lowest value 05-2025: 0.5%▲ +0.1 percentage points vs 04-2025 06-2025: 0.4%▼ -0.1 percentage points vs 05-2025 07-2025: 0.5%▲ +0.1 percentage points vs 06-2025 08-2025: 0.6%▲ +0.1 percentage points vs 07-2025 09-2025: 0.6%● unchanged vs 08-2025 10-2025: 0.6%● unchanged vs 09-2025 11-2025: 0.7%▲ +0.1 percentage points vs 10-2025 12-2025: 0.4%▼ -0.3 percentage points vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.5%▲ +0.1 percentage points vs 04-2026 06-2026: 0.4%▼ -0.1 percentage points vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 0.6%▲ +0.2 percentage points vs 07-2026 09-2026: 0.6%● unchanged vs 08-2026 10-2026: 0.6%● unchanged vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.95, compared with 0.95 in 2023; short-term debt: 102.4% and cash: 51.8% of total assets), and equity is negative.
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 70, micro): better than 8% on solvency, 33% on liquidity, 31% on profitability and 35% on growth.

The bankruptcy probability was computed on 09-10-2026 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

Six signals.
lowers riskraises risk
raises risk · 1 financial year not filed after the legal deadline; latest accounts 98 days late; 3 of the last 3 late
NBB · filings
lowers risk · Founded in 2004
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
lowers risk · Size: total assets €556,572
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year -€30,813
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 06-11-2025, 98 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
98 days late
2023
96 days late
2022
462 days late
2021
121 days late
2020
139 days late
2019
145 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 177 days after the deadline; the sector median (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Annual accounts filedfinancial year 2023 · micro…
  3. Annual accounts filedfinancial year 2022 · micro…

Key points

  • Risk: Negative equityfinancial year 2024: debts exceed assets -€30,813 View
  • Caution: Among the weakest 5% on equitysector median €90,012 · 37,986 companies -€30,813 View
  • Caution: Accounts not fileddeadline was 31-07-2026 71 days late View

By topic

Financials

Financial year
2024
Total assets
€556,572
Loss
-€733
Solvency
-5.5%
Total assets▲ 19.7%
Net result
20182024
Go to Financials

Timeline

Events
25
Since
2006
  1. 31-12-2023Back to profit
  2. 29-11-2022Annual accounts filed
  3. 31-12-2021Weakest financial year
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Business and other management consultancyNACE 70200
Founded
20-02-2004
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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