Geco decorations
ActiveFrom the official registers: KBO 2 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
Geco decorations has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €77,620 and a net result of €25,232. Its solvency ranks better than 78% of 34,902 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Official details
KBO- Status
- Active since 30-03-2023 Normal situation
- Legal form
- Private limited company
- Registered office
- Brugstraat(B) 36, 9290 Berlare
- Activity
- Wallpapering and laying of floor and wall coverings in other materials NACE 43333and 1 other
- Establishment unit
- 2.343.624.918 9290 Berlare, since 30-03-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 05-03-2025
Board and ownership
- CORTHALS Geert Jozef JulienneDirector · since 30-03-2023
- CORTHALS Gert Joost Marie-JeanneDirector · since 30-03-2023
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.2%
- Gross margin
- €46,945
- ▼ 35.6%
- Turnover
- ≈ €280,000
- estimated
- Profit
- €25,232
- ▼ 48.9%
- Equity
- €77,620
- ▲ 48.2%
- Total assets
- €107,334
- ▲ 17.3%
Score breakdownraises riskFounded in 2023Sector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 7.26, cash €70,288Equity €77,620 (72.3% of total assets)Show the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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 43, micro). It does better than 78% of them on solvency, 98% on liquidity, 84% on profitability and 82% on growth.
The bankruptcy probability was computed on 31-10-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 2 accounts on average 39 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
Documents
Annual accounts at the NBB
- Annual accounts 2025filed on 20-06-2026
- Annual accounts 2024filed on 25-06-2025
Acts in the Belgian Official Gazette
- Incorporationact of 03-04-2023
Articles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
- Check the withholding obligationwith enterprise number 0800.136.667
Key facts about Geco decorations
- What is the company number of Geco decorations?
- The company number of Geco decorations is 0800.136.667. The VAT number is the same number with BE in front: BE 0800.136.667.
- Where is Geco decorations based?
- The registered office is at Brugstraat(B) 36, 9290 Berlare.Company details
- What does Geco decorations do?
- According to the KBO register, the main activity is wallpapering and laying of floor and wall coverings in other materials (NACE 43333).
- What is the legal form of Geco decorations?
- The legal form of Geco decorations is Private limited company (BV).
- When was Geco decorations founded?
- Geco decorations was founded on 30-03-2023.
- Is Geco decorations still active?
- Yes, Geco decorations is an active enterprise in the KBO register.
- What is the turnover of Geco decorations?
- The turnover in financial year 2025 is ≈ €280,000. This figure is estimated from the gross margin of €46,945 and 87 comparable companies (NACE 433). It probably lies between €190,000 and €470,000.Financials
- Is Geco decorations profitable?
- In financial year 2025, Geco decorations made a profit of €25,232.
- Where can I find the annual accounts of Geco decorations?
- Geco decorations filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
- When are the next annual accounts of Geco decorations due?
- Geco decorations must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Comparable companies
These companies have the same main activity as Geco decorations: wallpapering and laying of floor and wall coverings in other materials (NACE 43333). They are comparable in size and age: total assets between €70,600 and €133,000, founded between 2021 and 2023.
| Company | Total assets | Gross margin |
|---|---|---|
| Geco decorations Berlare | €107,334 | €46,945 |
| JM FLOORS Lebbeke | €124,859 | €58,864 |
| ARTIFICKX DEAN Lier | €84,386 | €42,656 |
| MG Lanaken | €132,757 | €33,533 |
| BAS Carpets Kortrijk | €86,037 | €67,636 |
| VEVB SERVICE Stekene | €70,633 | €36,041 |
| DMS Gietvloeren Lokeren | €126,755 | €30,213 |
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