GECOSIM

Active

Public limited companyfounded 2011active for 15 yearsGistelsteenweg 335, 8490 Jabbeke, BelgiumKBO/BCE: BE 0837.185.125

Summary

GECOSIM has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €101,852 and a net result of -€18,980. Equity is growing by about 12% per year across the filed financial years. Its solvency ranks better than 30% of 5,763 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisFollow Report Compare

GECOSIMActiveChecked score 89/100

Risk analysis Report Compare

Activity

Buying and selling of own real estate

NACE 68110

1 site

Size

€592,967total assets 2025

Equity: €101,852
Loss: -€18,980

Financial health

89 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.1%

Structure

Parent: MITISKA · 62.23%
Board: 4 members

2025 accounts 30 days early1 of 6 deeds summarised

Why 89raises riskLiquidity: current ratio 0.02, cash €5,474, halvedlowers riskSize: total assets €592,967Figures for financial year 2025 (filed 01-07-2026)Legal form: public limited companyShow the evidence

Checked score

Score 2025

89 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 30% of its sector peers (NACE 68, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Weak

Solvency 42-1

equity 17.2% of total assets

Liquidity 30-9

short-term debt 43.8% · cash 0.9%

Profitability 40-1

return on assets -3.2%

Bankruptcy probability, 12 months

0.1% Very low

0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.2% (26,613 companies, NACE 68, micro)

Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 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: 0.2%▲ +0.1 percentage points vs 05-2025highest value 07-2025: 0.1%▼ -0.1 percentage points vs 06-2025lowest value 08-2025: 0.1%● unchanged vs 07-2025lowest value 09-2025: 0.1%● unchanged vs 08-2025lowest value 10-2025: 0.1%● unchanged vs 09-2025lowest value 11-2025: 0.1%● unchanged vs 10-2025lowest value 12-2025: 0.1%● unchanged vs 11-2025lowest value 01-2026: 0.1%● unchanged vs 12-2025lowest value 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: 0.2%▲ +0.1 percentage points vs 06-2026 08-2026: 0.1%▼ -0.1 percentage points vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026

Credit of up to €9,000 on 30-day terms is acceptable

Liquidity insufficient (current ratio 0.02, compared with 0.12 in 2024, below 1; short-term debt: 43.8% and cash: 0.9% of total assets), and 82.8% 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 68, micro): better than 38% on solvency, 23% on liquidity, 36% on profitability and 24% on growth.

The bankruptcy probability was computed on 24-10-2026 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 riskneutral

Size: total assets €592,967

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Liquidity: current ratio 0.02, cash €5,474, halved

NBB · annual accounts

Figures for financial year 2025 (filed 01-07-2026)

NBB · annual accounts

Legal form: public limited company

KBO

Persistent losses

Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.

NBB · annual accounts 2025

Net result per financial year

1819202122232425

2018 to 2025 · latest year -€18,980

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-07-2026, 30 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

30 days early

2024

37 days early

2023

51 days early

2022

33 days early

2021

33 days early

2020

31 days early

2019

35 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 36 days before the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)

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 28 June (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

25-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

01-07-2026 Annual accounts filedfinancial year 2025 · full…
31-12-2025 Weakest financial yearnet -€18,980
24-06-2025 Annual accounts filedfinancial year 2024 · abbreviated…

Key points

Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
Controlled by MITISKAultimately: MITISKA INVEST 62.23% View
Caution: 2 loss-making years in a rowloss financial year 2025 -€18,980 View

By topic

Financials

Financial year: 2025
Total assets: €592,967
Loss: -€18,980
Solvency: 17.2%

Turnover▲ 53.8%

Net result

20182023

Go to Financials

Board & ownership

Board: 4 members
Parent: MITISKA · 62.23%

ArliniDirector
COEMAN,Bart AchielDirector
PERMEKE INVESTDirector
PUNT HOLDINGDirector

Go to Board & ownership

Network & group

Group: MITISKA INVEST
Connected companies: 8

Go to Network & group

Timeline

Events: 17
Since: 2013
Next accounts: by 31-07-2027

10-06-2024Annual accounts filed
14-08-2023Reappointments: PERMEKE INVEST, COEMAN,Bart Achiel and 2…
28-06-2023Annual accounts filed

Go to Timeline

Company details

Sites: 1

Legal form: Public limited company
Activity: Buying and selling of own real estateNACE 68110
Founded: 22-06-2011
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 12

Annual meeting: Last Saturday of May at 11:00
Purpose: “Alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het…” (deed in Dutch)

Go to Articles of association

Key facts about GECOSIM

What is the company number of GECOSIM?: 0837.185.125. In Belgium the VAT number is the company number with BE in front: BE 0837.185.125.
Where is GECOSIM based?: The registered office is at Gistelsteenweg 335, 8490 Jabbeke.Company details
What does GECOSIM do?: According to the KBO register, the main activity is buying and selling of own real estate (NACE 68110).
What is the legal form of GECOSIM?: Public limited company (NV).
When was GECOSIM founded?: On 22-06-2011.
Is GECOSIM still active?: Yes, GECOSIM is an active enterprise in the KBO register.
What is the turnover of GECOSIM?: €162,700 in financial year 2023, according to the filed annual accounts.Financials
Is GECOSIM profitable?: In financial year 2025, GECOSIM made a loss of €18,980.
Where can I find the annual accounts of GECOSIM?: GECOSIM filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of GECOSIM due?: By 31-07-2027, for financial year 2026.Timeline