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GECOM

Active Public limited companyfounded 1983active for 42 yearsDrève du Château de La Motte 1, 1470 GenappeKBO/BCE: BE 0425.702.613 subsidiary of DRUGMAND & MEERT#1 company by equity in Walloon Brabant, Electrical equipment sector
GECOM
Financial year 2025
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Annual accounts 2025

full format, filed on 30-07-2026, 1 day before the deadline
€852,167
€15,293
▼ 84.4%
€52,509
▼ 62.2%
€15,404
▼ 82.7%
92.7%
▼ 0.8 percentage points
12.31
▼ 3.26
In the rankings #1 company by equity in Walloon Brabant, Electrical equipment sector#1 oldest company in Genappe, Manufacturing sector#2 company by total assets in Walloon Brabant, Electrical equipment sector

Money flows

of every €100 of turnover, €2.56 was lost in 2025

Balance sheet

balance sheet total €2.2m on 31-12-2025
What the company ownsHow it is paid for

in €m

in euro

Position in the sector

Compare with sector

92.7%

Higher than 95% of 125 companies in 2025.

12.31

Higher than 95% of 124 companies in 2025.

-1.0%

Higher than 25% of 125 companies in 2025.

GECOM Middle half of the sector 80% of the sector Full accounts in electrical equipment (NACE 27)

Net result: bottom quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half · Staff: bottom quarter

Staff

€61,527

Staff costs divided by the average number of full-time equivalents.

Blue and white collar

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 2.2m2.2m2.2m2.3m2.2m2.4m2.1m2.3m2.1m2.1m2.3m2.4m2.3m2.2m2.4m2.4m1.6m1.5m1.4m1.9m
21/28 746,086783,302824,538870,180924,943979,7061.0m1.1m1.1m1.0m1.1m991,152981,2001.0m1.1m1.1m73,48097,871122,261146,652
22/27 631,970669,186710,423756,065810,827865,590898,177948,574953,367922,940957,046991,152981,2001.0m1.1m1.1m73,48097,871122,261146,652
22 --------953,367---------122,261146,652
23 631,970669,186710,423756,065810,827865,590898,177948,574-922,940957,046991,152981,2001.0m1.1m1.1m73,48097,871--
28 114,115114,115114,115114,115114,115114,115114,115114,115114,115114,115114,115---------
29/58 1.4m1.4m1.4m1.4m1.3m1.4m1.1m1.2m1.1m1.1m1.2m1.4m1.3m1.2m1.4m1.3m1.5m1.4m1.2m1.8m
3 567,516627,143577,143597,143397,117341,692252,235232,233166,25394,494155,043197,751246,224246,328239,871282,299281,566307,201384,967372,956
30/36 567,516627,143577,143597,143397,117341,692252,235232,233166,25394,494155,043197,751246,224246,328239,871282,299281,566307,201384,967372,956
40/41 848,591761,275767,559806,919864,4791.1m876,1731.0m885,573956,6401.0m1.2m1.1m937,4361.1m990,3071.2m963,487413,857495,772
40 200,864207,029244,198287,271144,494273,63997,192148,006101,291131,898178,910184,685186,407190,105203,491270,218270,326297,234251,865391,236
41 647,728554,246523,361519,648719,984780,620778,981856,360784,282824,741860,449985,449890,086747,331848,935720,090939,201666,253161,992104,536
50/53 -5,237---1,1847,114--10,0733,86729,6623,4916,6022,2753,0447,460---
54/58 22,80213,08425,4997,79834,92515,591-5,9536,25226,27032,84921,87920,78620,02477,64448,16448,391135,046449,268893,626
Balance sheet: equity and liabilities
10/49 2.2m2.2m2.2m2.3m2.2m2.4m2.1m2.3m2.1m2.1m2.3m2.4m2.3m2.2m2.4m2.4m1.6m1.5m1.4m1.9m
10/15 2.0m2.0m2.0m2.0m2.0m1.9m1.9m1.9m1.9m1.9m2.1m2.1m2.1m2.1m2.0m2.0m1.0m1.0m1.1m1.1m
10/11 307,388307,388307,388307,388307,388307,388307,388307,388307,388307,388307,388307,388307,388307,388307,388307,388307,388307,388307,388307,388
10 307,388307,388307,388307,388307,388---------------
100 307,388307,388307,388307,388307,388307,388307,388307,388307,388307,388307,388307,388307,388307,388307,388307,388307,388307,388307,388307,388
12 1.1m1.1m1.1m1.1m1.1m1.1m1.1m1.1m1.1m1.1m1.1m1.1m1.1m1.1m1.1m1.1m----
13 30,73930,73930,73930,73930,73930,73930,73930,73930,73930,73930,73830,73930,73930,73930,73930,73930,73930,73930,73930,739
130/1 30,73930,73930,73930,73930,73930,739--------------
130 30,73930,73930,73930,73930,73930,73930,73930,73930,73930,73930,73830,73930,73930,73930,73930,73930,73930,73930,73930,739
14 587,336609,149561,552536,643516,393509,041505,964502,836460,540465,024642,960640,033659,908650,209595,169565,115679,648705,551759,704739,482
17/49 159,532142,765195,061307,271266,944445,264203,724364,279226,894221,380221,193332,419230,159133,263404,219439,961602,649459,927272,522831,397
17 42,64552,41252,74956,77463,85777,01273,79882,75552,41252,41252,41252,41252,41152,41252,41252,41252,41252,412--
170/4 42,64552,41252,74956,77463,85777,01273,79882,75552,41252,41252,41252,41252,41152,41252,41252,41252,41252,412--
42/48 116,88690,354142,312250,497203,087368,252129,926281,524174,482168,969168,781280,007177,74880,851154,375247,798405,845407,515272,522831,397
42 -3374,34813,61013,15512,9918,9578,834------------
43 43,405-21,03964,098--25,823102,11534,24860,09060,09180,10960,13660,71680,232120,310120,000120,000179,050120,243
430/8 43,405-21,03964,098--25,823102,115-60,09060,09180,10960,13660,71680,232120,310120,000120,000126,64467,833
439 --------34,248---------52,40652,410
44 39,57045,97260,72147,20830,029227,31810,88877,61345,6431,11535,11255,90131,22018,02464,407106,843253,146259,08558,129663,566
440/4 39,57045,97260,72147,20830,029227,31810,88877,61345,6431,11535,11255,90131,22018,02464,407106,843253,146259,08558,129663,566
45 33,91144,04556,20560,37745,10846,14638,37636,74146,88243,84428,27819,1692,1001,6699,29420,20332,25727,98834,90147,146
450/3 11,98811,96225,05130,91919,95122,89712,46812,80110,5257,3075,05415,5812,1001,6699,2947,74919,44520,02934,90147,146
454/9 21,92332,08331,15429,45825,15723,24925,90923,94036,35636,53723,2243,588---12,45412,8127,959--
47/48 ---65,203114,79581,79745,88256,22147,70963,91945,300124,82884,292442442442442442442442
492/3 --------------197,433139,752144,392---
Income statement
70 852,167------------988,8741.0m906,086----
76A 7,0368,2068,8798,9839,9298,67212,63711,30612,24911,57210,76511,43611,11812,91111,39616,23718,09791--
9900 298,768425,405394,437403,632330,783310,388317,414331,986361,096282,943328,706252,619323,511328,020333,144248,324300,834426,140473,427407,087
60/61 594,275------------690,514712,915685,697----
62 246,108283,240278,782249,369219,787209,995233,837219,987289,880278,312193,03022,246--28,02184,020105,262123,316112,90371,249
630 37,21641,23645,64254,76354,76354,41750,39750,39741,27634,56234,10634,10630,00854,09154,09154,09124,39124,39124,39135,175
631/4 -----------------30,252--
640/8 1513,1763,3422,9414,0321,1026,53616,60316,42795,997106,261210,022280,251227,391211,528153,412158,834229,763236,938216,075
66A ---14,574-1,460--5,48736,859---3,374------
9901 15,29397,75266,67281,98452,20243,41426,64544,9998,026-162,787-4,691-13,75613,25246,53739,503-43,19812,34718,41899,19584,588
75/76B 4,18517,36412,5274,4661,0112,4501,8619,82810,2436,20417,7262,9699,91826,92610810,1298,62714,659--
75 4,18517,36412,5274,4661,0112,4501,8619,82810,2436,20417,7262,9699,91826,92610810,1298,62714,659--
65/66B 37,92440,34234,94245,91330,65324,45220,10211,80322,75421,46120,51320,16524,08227,35620,95362,13927,79050,13778,97334,862
65 37,92440,34234,94245,91330,65324,45220,10211,80322,75421,46120,51320,16524,08227,35620,95362,13927,79050,13778,97334,862
9903 -18,44674,77444,25640,53722,56021,4138,40443,024-4,484-178,0433,287-19,51510,20655,64530,054-78,97111,281-16,96920,22249,726
67/77 3,36627,17719,34820,28715,20818,3375,276728--108360360507605-35,56037,18437,184--
9904 -21,81247,59724,90920,2507,3523,0763,12842,296-4,484-177,9352,927-19,8759,69955,04030,054-114,531-25,903-54,15320,22249,726
9905 -21,81247,59724,90920,2507,3523,0763,12842,296-4,484-177,9352,927-19,8759,69955,04030,054-114,531-25,903-54,15320,22249,726
Appropriation of the result
9906 587,336609,149561,552536,643516,393509,041505,964502,836460,540465,024642,960640,033659,908650,209595,169565,115679,648705,551759,704739,482
14P 609,149561,552536,643516,393509,041---------------
Social balance sheet
9087 44444444.2553.52--0.93332.82
Hours worked1013 6,6036,6496,6236,6646,7555,8206,5966,2328,2048,2665,680833--9403,5663,5664,6724,5473,138
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The accounts for 21 older financial years (1984-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 30-07-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 full format 30-07-2026 2026-00376319 PDF
31-12-2024 full format 24-07-2025 2025-00311810 PDF
31-12-2023 full format 09-08-2024 2024-00342620 PDF
31-12-2022 full format 31-07-2023 2023-00303045 PDF
31-12-2021 full format 10-08-2022 2022-20284043 PDF
31-12-2020 full format 09-08-2021 2021-47100044 PDF
31-12-2019 full format 05-08-2020 2020-39400331 PDF
31-12-2018 full format 02-08-2019 2019-43100558 PDF
31-12-2017 full format 20-08-2018 2018-46800487 PDF
31-12-2016 full format 31-08-2017 2017-54600561 PDF
31-12-2015 full format 01-08-2016 2016-39400128 PDF
31-12-2014 full format 01-07-2015 2015-26600546 PDF
31-12-2013 full format 23-07-2014 2014-33600547 PDF
31-12-2012 full format 11-07-2013 2013-29600515 PDF
31-12-2011 full format 26-07-2012 2012-35100314 PDF
31-12-2010 full format 08-07-2011 2011-27300152 PDF
31-12-2009 full format 26-08-2010 2010-45900237 PDF
31-12-2008 full format 28-10-2009 2009-84100241 PDF
31-12-2007 full format 28-08-2008 2008-66600223 PDF
31-12-2006 full format 20-08-2007 2007-58000069 PDF
31-12-2005 full format 27-09-2006 2006-80303630 PDF
31-12-2004 full format 30-09-2005 2005-79203059 PDF
31-12-2003 full format 27-09-2004 2004-66704069 PDF
31-12-2002 full format 15-09-2003 2003-66200154 PDF
31-12-2001 full format 26-07-2002 2002-41700159 PDF
31-12-2000 full format 11-10-2001 2001-63300104 PDF
31-12-1999 full format 25-09-2000 2000-58100016 PDF
31-12-1998 full format 29-10-1999 1999-55902743 PDF
31-12-1997 full format 01-10-1998 1998-50500680 PDF
31-12-1996 full format 04-09-1997 1997-42400676 PDF
31-12-1995 full format 01-07-1996 1996-24801903 PDF
31-12-1994 full format 14-07-1995 1995-39304515 PDF
31-12-1993 full format 22-07-1994 1994-31502068 PDF
31-12-1992 full format 07-07-1993 1993-23904118 PDF
31-12-1991 full format 15-07-1992 1992-22203120 PDF
31-12-1989 full format 19-07-1990 1990-18503021 PDF
31-12-1988 full format 20-09-1989 1989-22600188 PDF
31-12-1987 full format 14-12-1988 1988-24500954 PDF
31-12-1986 full format 30-06-1987 1987-14205122 PDF
31-12-1985 full format 17-07-1986 1986-30100932 PDF
31-12-1984 full format 19-07-1985 1985-25900160 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
52,509138,988112,314136,747106,96597,83177,04295,39649,302-128,22529,41520,35043,260100,62893,59410,89236,73842,809123,586119,763
15,40488,83370,55175,01362,11557,49353,52592,69336,792-143,37337,03314,23139,707109,13084,145-60,441-1,512-29,76244,61384,901
0000021,830045,60471,703457114,11544,0580001.1m010-
9,718-12,41517,700-27,12719,334---299-20,018-6,57910,9701,093762-57,61929,480-227-86,655-314,222-444,358-
1.3m1.3m1.2m1.2m1.1m1.0m1.0m961,028883,596918,5071.1m1.1m1.2m1.1m1.2m1.1m1.1m998,219975,570930,957
1.8%------------4.7%3.9%-4.8%----
92.7%93.5%91.1%86.5%88.0%81.4%90.5%84.2%89.3%89.6%90.4%86.2%90.1%94.0%83.4%82.0%62.8%69.4%80.1%56.4%
12.3115.579.635.646.383.848.744.416.066.447.295.077.5814.978.895.343.813.454.582.12
7.468.635.573.254.432.916.803.595.115.886.384.366.1911.927.344.203.122.703.171.67
0.080.070.100.160.140.230.100.190.120.120.110.160.110.060.200.220.590.440.250.77
-1.1%2.3%1.2%1.0%0.4%0.2%0.2%2.2%-0.2%-9.3%0.1%-1.0%0.5%2.6%1.5%-5.7%-2.5%-5.2%1.8%4.6%
-1.0%2.2%1.1%0.9%0.3%0.1%0.1%1.8%-0.2%-8.4%0.1%-0.8%0.4%2.5%1.2%-4.7%-1.6%-3.6%1.5%2.6%
1.383.453.212.983.49---------------
86 days------------70 days73 days109 days----
24 days------------10 days33 days57 days----

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item31-12-202531-12-202431-12-202331-12-202231-12-2021
Employees at the balance-sheet date44444
full-time44444
in full-time equivalents44444
44444
On a permanent contract44444

Source: social balance sheet in the 2021 to 2025 annual accounts

Insights on GECOM

The operating result for 2025 is 84% lower than in 2024 and the lowest since 2017.

Debt's share of the balance-sheet total rises from 6.5% to 7.3%. Equity is lower and debt is higher.

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