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GEDAR

Active Private limited companyfounded 1990active for 36 yearsGrote Heerweg 67, 8791 WaregemKBO/BCE: BE 0439.887.773

Lifetime

19 annual accounts with figures on one time axis, 35 filings since 1991
peak €219,133 (2024)
€214,128▼ 2.3%
lowest -€145,781 (2013)
€87,373▲ 39.7%
peak €552,717 (2025)
€552,717▲ 18.8%
€1.1m▼ 11.6%
Board3 names since 2013
1 director
Owners2 names in the annual accounts
  
Documentsfilings and deeds
25-08-202625 days late
2025abbreviated format
Result from €62,538 to €87,373Equity from €465,343 to €552,717Cash from €19,313 to €3,606

Key points

from the 2025 annual accounts

Equity

€552,717 ▲ 18.8%

GEDAR has made a profit without a break since 2020.

Turnover

≈ €1.1m estimated

The abbreviated format states no turnover.

Securities

€1.1m

Mortgages, new in 2025. 2.1 times equity · not in the 2024 accounts.

2025 accounts filed 25 days after the deadline

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 20,135 companies had the same profile as GEDAR has now. Each dot stands for 51 companies, two years later.

95.0%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 20,135 companies, not a prediction for GEDAR. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director, , since 11-06-2013
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0439887773
2 directors appointed, 1 manager resigning Resignation: (manager) · Appointments: (director) and (director) · Permanent representatives: and · General meeting of 18-09-2023 · Gazette deed
First establishment Grote Heerweg 67, Waregem
Incorporation published on 02-03-1990 · Gazette deed
All 47 events

Comparable companies

same main activity, similar in size and age
Company
GEDAR Waregem - - 34.0% -
FIDES Aalst - - 37.0% 2.6
KONTEX Antwerp €3.3m 6.8% 16.1% 2
BEVEMA Heist-op-den-Berg - - 59.4% -
BENTEN Sint-Martens-Latem - - 29.5% -
ETABLISSEMENTS FRENKEL Estaimpuis €1.0m 13.9% 48.4% 2
CHATEAU PRAYON Trooz €1.7m -5.3% 48.9% 5

These companies have the same main activity as GEDAR: wholesale of non-electrical household articles (NACE 46494). They are comparable in size and age: total assets between €1.4m and €2.5m, founded between 1988 and 1991.

Official details

Source: KBO
Status
Active since 07-02-1990Normal situation
Activity
Wholesale of non-electrical household articlesNACE 46494and 3 others
Establishment unit
2.049.375.6168791 Waregem, since 05-09-1990
Financial year end
31 December
Peppol
Reachable since 09-03-2026
Company details

Annual accounts 2025

€1.6m▼ 3.2%
Filing
Filed on 25-08-2026
Financials

Insights on GEDAR

GEDAR files the abbreviated format. That format states no turnover. The gross margin rose from -€3,493 in 2007 to €214,128 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about GEDAR

What is the company number of GEDAR?
The company number of GEDAR is 0439.887.773. The VAT number is the same number with BE in front: BE 0439.887.773.
Where is GEDAR based?
The registered office is at Grote Heerweg 67, 8791 Waregem.Company details
What does GEDAR do?
According to the KBO register, the main activity is wholesale of non-electrical household articles (NACE 46494).
What is the legal form of GEDAR?
GEDAR is a private limited company (BV).
When was GEDAR founded?
GEDAR was founded on 07-02-1990.
Is GEDAR still active?
Yes, GEDAR is an active enterprise in the KBO register.
What is the turnover of GEDAR?
The turnover in financial year 2025 is ≈ €1.1m. This figure is estimated from the gross margin of €214,128 and 102 comparable companies (NACE 46). It probably lies between €510,000 and €2.0m.Financials
Is GEDAR profitable?
In financial year 2025, GEDAR made a profit of €87,373.
Where can I find the annual accounts of GEDAR?
GEDAR filed 35 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of GEDAR due?
GEDAR must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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