GEDAK
ActiveGEDAK has been active since 1974 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €185k and a net result of €61k. Equity is growing by ~11.7% per year across the filed fiscal years. Its solvency ranks better than 22% of 7684 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+97
Solvency33▼-33
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity tight (current ratio 1.23 against 1.84 in 2024), and 78.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
21.2%
Return on assets
7%
Age of the figures
8 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 7684 sector peers (2025).
NBB · sector comparisonPosition among 7684 sector peers
Solvency
better than 22%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
140 d early
2023
43 d early
2022
67 d early
2021
72 d early
2020
22 d early
2019
42 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€185k▼ 34.2%
2024 · €282k
2018: €137k
2019: €140k
2020: €113k
2021: €173k
2022: €267k
2023: €300k
2024: €282k
2018 → 2025
Total assets
€874k▼ 5.4%
2024 · €924k
2018: €326k
2019: €422k
2020: €349k
2021: €701k
2022: €1.21M
2023: €1.06M
2024: €924k
2018 → 2025
Net result
€61k▲ 3,356%
2024 · €2k
2018: €10k
2019: €19k
2020: €22k
2021: €60k
2022: €98k
2023: €62k
2024: €2k
2018 → 2025
Working capital
€69k▼ 56.3%
2024 · €158k
2018: €124
2019: €38k
2020: €22k
2021: €86k
2022: €163k
2023: €183k
2024: €158k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€173k-€267k▲ 54.4%€300k▲ 12.4%€282k▼ 5.9%€185k▼ 34.2%
Operating result€99k-€135k▲ 36.9%€79k▼ 41.2%€15k▼ 81.6%€89k▲ 508%
Net result€60k-€98k▲ 63.8%€62k▼ 36.7%€2k▼ 97.1%€61k▲ 3,356%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 508% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €874k
Fixed assets
€506k▼ 12.3%
Current assets
€368k▲ 6.1%
Equity and liabilities €874k
Equity
€185k▼ 34.2%
Debt
€689k▲ 7.2%
The debt ratio rises from 69.5% to 78.8%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€202k▲
2024 · €98k
Cash flow
€175k▲
2024 · €85k
Solvency
21.2%▼
2024 · 30.5%
Current ratio
1.23▼
2024 · 1.84
Quick ratio
1.15▼
2024 · 1.40
Debt / equity
3.71▲
2024 · 2.28
ROE
33.1%▲
2024 · 0.6%
ROA
7.0%▲
2024 · 0.2%
Interest coverage
22.55▲
2024 · 12.95
Debt
€689k▲
2024 · €642k
Debt ≤ 1 year
€299k▲
2024 · €189k
Debt > 1 year
€390k▼
2024 · €454k
Income taxes
€23k▲
2024 · €5k
Staff costs
€430k▲
2024 · €397k
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€924k€874k▼
Fixed assets21/28€578k€506k▼
Tangible fixed assets22/27€578k€506k▼
Land and buildings22€277k€285k▲
Plant, machinery and equipment23€12k€15k▲
Furniture and vehicles24€34k€29k▼
Leasing and similar rights25€255k€178k▼
Current assets29/58€346k€368k▲
Stocks and contracts in progress3€82k€25k▼
Stocks30/36€40k€15k▼
Contracts in progress37€42k€10k▼
Amounts receivable within one year40/41€205k€117k▼
Trade receivables40€65k€83k▲
Other amounts receivable41€139k€34k▼
Cash at bank and in hand54/58€42k€203k▲
Deferred charges and accrued income490/1€18k€23k▲
Equity and liabilities
Total equity and liabilities10/49€924k€874k▼
Equity10/15€282k€185k▼
Reserves13€282k€185k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€280k€184k▼
Amounts payable17/49€642k€689k▲
Amounts payable after more than one year17€454k€390k▼
Financial debts170/4€454k€390k▼
Amounts payable within one year42/48€189k€299k▲
Current portion of amounts payable after more than one year42€70k€64k▼
Trade debts44€92k€155k▲
Suppliers440/4€92k€155k▲
Taxes, remuneration and social security45€26k€18k▼
Taxes450/3€5k€18k▲
Remuneration and social security454/9€21k-
Other amounts payable47/48-€62k
Income statement
Code20242025
Remuneration, social security and pensions62€397k€430k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€83k€114k▲
Other operating charges640/8€5k€6k▲
Non-recurring operating charges66A€547-
Gross operating margin9900€501k€638k▲
Operating profit (loss)9901€15k€89k▲
Financial income75/76B-€4k
Recurring financial income75-€4k
Financial charges65/66B€8k€9k▲
Recurring financial charges65€8k€9k▲
Non-recurring financial charges66B€375-
Profit (loss) for the period before taxes9903€7k€84k▲
Income taxes67/77€5k€23k▲
Profit (loss) for the period9904€2k€61k▲
Profit (loss) for the period to be appropriated9905€2k€61k▲
Appropriation of the result
Profit (loss) to be appropriated9906€2k€61k▲
Transfer from equity791/2€19k€158k▲
Transfer to equity691/2€2k€61k▲
To other reserves6921€2k€61k▲
Profit to be distributed694/7€19k€158k▲
Return on contributions (dividend)694€19k€158k▲
Social balance
Average headcount (FTE)90876.47.0▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
13-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €2k ▼97.1%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
18-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
25-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €98k ▲63.8%
Operating result €135k, net result €98k, both a record.
31-12
Financial
Equity above €200kEq €267k ▲54.4%
5 profitable years in a row build equity to €267k.
20-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €150kEq €173k ▲53%
4 profitable years in a row build equity to €173k.
09-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
19-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-06
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
2 directors, no change since 2025
Eylenbosch Caro
CurrentDirector · since 10-07-2025
Eylenbosch Thomas
CurrentDirector · since 02-02-2023
10-07-2025
Eylenbosch Caro: Appointed as Director
02-02-2023
Eylenbosch Thomas: Appointed as Director
Location & real-estate footprint
Registered office, Ninove · 1 establishment unit since 1974
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.
Neerbeekstraat(Oke) 199400 NinoveGround area
841 m²
Building footprint
254 m²
Volume, LiDAR
1,127 m³
Parcel 41049A0399/00H000, Flanders · tallest building 6.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Neerbeekstraat(Oke) 19, 9400 Ninove
since 19742.010.384.287
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41049A0399/00H000 | Flanders | 841 m² | 1 · 254 m² | 6.0 m · 1 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 1,948 EUR awarded · 1,908 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 140 EUR | 140 EUR |
| 2024 | 1 | 1,134 EUR | 1,139 EUR |
| 2023 | 1 | 548 EUR | 503 EUR |
| 2022 | 1 | 126 EUR | 126 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Recognised contractor
3 categoriesGEDAK BV28739
Similar companies · same sector, comparable size
S.B. TOITURES
BE 0460.140.086
Liège · Eq €185k
MARAS
BE 0881.192.540
Niel · Eq €185k
Pots Joery, algemene dak- en timmerwerken
BE 0733.661.082
Evergem · Eq €185k
HD dak
BE 0782.611.341
Geel · Eq €185k
GROUP LIFT JOHN CONSTRUCT
BE 0793.596.392
Juprelle · Eq €186k
Of 8,483 companies in sector 43410 we hold annual accounts for 4,308. 3,605 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-09-1974
Fiscal year end31-12
Activities, NACEBEL
43410Roofing work
45220
43221Plumbing work
45332
Sources
Crossroads Bank for EnterprisesNational Bank · 49 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.