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Gecovi

Dissolution or liquidation
Private limited companyfounded 2011Ketelstraat 66, 9800 Deinze, BelgiumKBO/BCE: BE 0832.670.269

The KBO register records for Gecovi the legal situation: dissolution or liquidation (code 012); this is today's state according to the register itself, which carries no start date. The 2025 annual accounts show equity of €455k and a net result of €-115k.

Signals

Four signals. The signal on the left, the evidence on the right.
+raises riskneutral
raises risk · Register: dissolution or liquidation
The KBO register records the legal situation: dissolution or liquidation (code 012). This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 09-03-2026, 52 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
52 d early
2024
56 d early
2023
50 d early
2022
53 d early
2021
52 d early
2020
53 d early
2019
3 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
22-09-2026 today30-09-2026 close30-04-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€455k▼ 20.1%
2024 · €569k
2018: €871k 2019: €999k 2020: €1.01M 2021: €1.02M 2022: €1.03M 2023: €1.05M 2024: €569k
2018 → 2025
Net result
€-115k▲ 75.8%
2024 · €-473k
2018: €47k 2019: €128k 2020: €8k 2021: €17k 2022: €10k 2023: €13k 2024: €-473k
2018 → 2025
Total assets
€472k▼ 48.9%
2024 · €923k
2018: €1.72M 2019: €1.40M 2020: €1.40M 2021: €1.40M 2022: €1.40M 2023: €1.40M 2024: €923k
2018 → 2025
Solvency
96.4%▲ 34.7pp
2024 · 61.7%
2018: 50.5% 2019: 71.5% 2020: 71.7% 2021: 73.3% 2022: 74.0% 2023: 74.9% 2024: 61.7%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€1.02M-€1.03M▲ 0.9%€1.05M▲ 1.2%€569k▼ 45.6%€455k▼ 20.1%
Operating result€27k-€28k▲ 1.4%€31k▲ 12.8%€24k▼ 24.8%€-115k
Net result€17k-€10k▼ 44.4%€13k▲ 39.0%€-473k€-115k▲ 75.8%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-600k€-400k€-200k€0Operating result 2021: €27k€27kNet result 2021: €17k€17kOperating result 2022: €28k€28kNet result 2022: €10k€10kOperating result 2023: €31k€31kNet result 2023: €13k€13kOperating result 2024: €24k€24kNet result 2024: €-473k€-473kOperating result 2025: €-115k€-115kNet result 2025: €-115k€-115k20212022202320242025
The operating result turns negative in 2025: a loss of €115k after €24k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €472k
Equity €455k▼ 20.1%
Debt €17k▼ 95.2%
The debt ratio falls from 38.3% to 3.6%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
Solvency
96.4%
2024 · 61.7%
ROE
-25.2%
2024 · -83.1%
ROA
-24.3%
2024 · -51.2%
Debt
€17k
2024 · €354k
Debt ≤ 1 year
€17k
2024 · €347k
Staff costs
€15k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€923k€472k
Fixed assets21/28€914k-
Financial fixed assets28€914k-
Current assets29/58€9k€472k
Amounts receivable within one year40/41€9k€243k
Trade receivables40€6k€10k
Other amounts receivable41€3k€234k
Cash at bank and in hand54/58-€229k
Deferred charges and accrued income490/1€356-
Equity and liabilities
Total equity and liabilities10/49€923k€472k
Equity10/15€569k€455k
Contributions10/11€12k€12k=
Reserves13€557k€442k
Distributable reserves133€557k€442k
Amounts payable17/49€354k€17k
Amounts payable within one year42/48€347k€17k
Financial debts43€209-
Credit institutions430/8€209-
Trade debts44€9k€9k
Suppliers440/4€9k€9k
Taxes, remuneration and social security45€4k€2k
Taxes450/3€4k€2k
Other amounts payable47/48€333k€6k
Accrued charges and deferred income492/3€7k-
Income statement Code20242025
Remuneration, social security and pensions62-€15k
Other operating charges640/8€272€144
Gross operating margin9900€24k€-99k
Operating profit (loss)9901€24k€-115k
Financial charges65/66B€495k-
Recurring financial charges65€14k-
Non-recurring financial charges66B€482k-
Profit (loss) for the period before taxes9903€-472k€-115k
Income taxes67/77€1k-
Profit (loss) for the period9904€-473k€-115k
Profit (loss) for the period to be appropriated9905€-473k€-115k
Appropriation of the result
Profit (loss) to be appropriated9906€-473k€-115k
Transfer from equity791/2€477k€115k
Profit to be distributed694/7€4k-
Directors or managers695€4k-

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-04-2027
2026
09-03
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial Liquidity times 1036current ratio 27.55
Current ratio from 0.03 to 27.55; short-term debt falls from €347k to €17k.
05-03
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial Weakest financial yearnet €-473k ▼3604%
Net result drops to €-473k, the lowest in the series.
11-03
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
08-03
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
09-03
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
08-03
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial Equity above €1MEq €1.01M ▲0.8%
3 profitable years in a row build equity to €1.01M.
27-04
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-09
Financial Highest result since 2018net €128k ▲175%
Operating result €118k, net result €128k, both a record.
18-03
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
24-03
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
27-03
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Deinze
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Ketelstraat 669800 Deinze
Ground area
1,063 m²
Building footprint
190 m²
Volume, LiDAR
977 m³
Parcel 44069A0459/00P000, Flanders · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44069A0459/00P000 Flanders 1,063 m² 1 · 190 m² 7.8 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 24,728 companies in sector 64210 we hold annual accounts for 19,762. 13,670 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded11-01-2011
Fiscal year end30-09
Activities, NACEBEL
25530Machining of metals
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers

Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.