GECON
GECON has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €259k and a net result of €41k. Equity is growing by ~24.7% per year across the filed fiscal years. Its solvency ranks better than 45% of 902 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
| Equity | €259k |
| Net result | €41k |
| Staff (FTE) | 5.2 |
| Better than sector | 45% |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 38.5% | 43.5% | |
| Net result | €41k | €12k | |
| Equity | €259k | €60k | |
| Gross operating margin | €477k | €46k | |
| Staff costs | €365k | €50k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | micro schema | micro schema | abbreviated schema | micro schema | micro schema |
| Revenue | - | - | - | - | - |
| EBITDA | €95k | €208k | €166k | €49k | €33k |
| Net profit | €41k | €89k | €74k | €171 | €-20k |
| Cash flow | €65k | €108k | €99k | €31k | €10k |
| Staff costs | €365k | €312k | €472k | €353k | €292k |
| Income taxes | €24k | €73k | €50k | €579 | €563 |
| Dividends | - | €90k | - | - | - |
| Total assets | €673k | €647k | €660k | €617k | €531k |
| Equity | €259k | €219k | €219k | €146k | €-11k |
| Debt | €414k | €428k | €440k | €471k | €542k |
| of which ≤ 1y | €174k | €206k | €200k | €216k | €295k |
| of which > 1y | €219k | €223k | €240k | €254k | €247k |
| Working capital | €64k | €16k | €25k | €-30k | €-62k |
| Employees (FTE) | 5.2 | 4.2 | 7.8 | 6.9 | 5.4 |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 1.37 | 1.08 | 1.12 | 0.86 | 0.79 |
| Quick ratio | 1.36 | 1.07 | 1.11 | 0.85 | 0.78 |
| Working capital ratio | 9.5% | 2.5% | 3.8% | -4.8% | -11.6% |
| Solvency | 38.5% | 33.8% | 33.3% | 23.7% | -2.0% |
| Debt / equity | 1.59 | 1.96 | 2.01 | 3.23 | -50.67 |
| Long-term debt ratio | 0.84 | 1.02 | 1.09 | 1.74 | -23.13 |
| Interest coverage | 3.16 | 8.80 | 7.22 | 2.83 | 1.41 |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | 6.0% | 13.8% | 11.1% | 0.0% | -3.8% |
| ROE | 15.7% | 40.9% | 33.5% | 0.1% | 186.8% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (26 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €673k | €647k | €660k | €617k | €531k |
| Fixed assets | 21/28 | €435k | €425k | €435k | €430k | €298k |
| Intangible fixed assets | 21 | - | €0 | €0 | €3k | €11k |
| Tangible fixed assets | 22/27 | €432k | €422k | €431k | €423k | €284k |
| Financial fixed assets | 28 | €3k | €3k | €3k | €3k | €3k |
| Current assets | 29/58 | €238k | €222k | €225k | €187k | €233k |
| Stocks & contracts in progress | 3 | €2k | €3k | €3k | €3k | €2k |
| Amounts receivable within one year | 40/41 | €171k | €153k | €99k | €106k | €64k |
| Cash & bank | 54/58 | - | €0 | €21k | €5k | €22k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €673k | €647k | €660k | €617k | €531k |
| Equity | 10/15 | €259k | €219k | €219k | €146k | €-11k |
| Contributions / capital | 10/11 | €19k | €19k | €19k | €19k | €19k |
| Reserves | 13 | €84k | €44k | €44k | €13k | €13k |
| Accumulated profits (losses) | 14 | - | - | - | €-42k | €-42k |
| Amounts payable | 17/49 | €414k | €428k | €440k | €471k | €542k |
| Amounts payable after one year | 17 | €219k | €223k | €240k | €254k | €247k |
| Amounts payable within one year | 42/48 | €174k | €206k | €200k | €216k | €295k |
| Trade debts payable within one year | 44 | €69k | €26k | €13k | €67k | €47k |
| Income statement | ||||||
| Gross operating margin | 9900 | €477k | €526k | €649k | €406k | €347k |
| Operating result | 9901 | €71k | €190k | €141k | €18k | €2k |
| Financial income | 75 | €23k | €174 | €6k | €7 | €1k |
| Financial charges | 65 | €30k | €24k | €23k | €17k | €23k |
| Result before taxes | 9903 | €64k | €162k | €124k | €750 | €-19k |
| Income taxes | 67/77 | €24k | €73k | €50k | €579 | €563 |
| Net result for the period | 9904 | €41k | €89k | €74k | €171 | €-20k |
| Result to be appropriated | 9905 | €41k | €89k | €74k | €171 | €-20k |
-
GEENTJENS LiamDirectorState Gazette act 23470326 (21-12-2023)Current21-12-2023 → present
-
GEENTJENS WimDirectorState Gazette act 23470326 (21-12-2023)Current19-12-2023 → present
Permanent representatives (1)
-
GEENTJENS WimPermanent representativeState Gazette act 23470326 (21-12-2023)Permanent representative19-12-2023 → present
| NACE primary | Warehousing and support activities for transportation(52230) |
| Legal form | Private limited company(610) |
| Incorporation | 07-04-2015 |
| Status | Active |
| Postal code | 2235 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13016B0106/00K000 | Flanders | 1,018 m² | 1 · 155 m² | 8.8 m · 2 fl. |
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
21-12-2023 3 directors appointed
- GEENTJENS Wim, Bestuurder
- GEENTJENS Wim, Vaste vertegenwoordiger
- GEENTJENS Liam, Bestuurder
Technical details
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},
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{
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],
"notary": {
"name": "Vonnicq VERMEULEN",
"firm_city": null,
"firm_name": "Vonnicq Vermeulen \u0026 Kirsten Verhaert",
"office_city": "Hulshout",
"is_associated": true
},
"act_meta": {
"language": "nl",
"pub_date": "2023-12-21",
"filing_date": "2023-12-19",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2023-12-12",
"unanimous": true
}
],
"is_correction": false,
"subject_company": {
"kbo": "0627.972.951",
"name_full": "GECON",
"legal_form": "BV"
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"co_filed_documents": [
"afschrift van de akte",
"geco\u00F6rdineerde statuten",
"verslag van het bestuursorgaan"
],
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}| Legal nameNL | GECON |