GEDEBO
ActiveGEDEBO has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €323k and a net result of €19k. Equity remains stable across the filed fiscal years (±1.5% per year). Its solvency ranks better than 86% of 706 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
94
/ 100
Excellent▲ +24 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability29▲+29
Solvency100=
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 6.14 against 4.33 in 2023), and 19.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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 16
Relative position
BE, all sectors
reference
Sector 16
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-10-2025, 91 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
91 d late
2023
83 d late
2022
61 d late
2021
89 d late
2020
1 d early
2019
31 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€323k▲ 6.1%
2023 · €304k
2018: €285k
2019: €299k
2020: €319k
2021: €324k
2022: €326k
2023: €304k
2018 → 2024
Total assets
€399k▼ 2.0%
2023 · €407k
2018: €433k
2019: €515k
2020: €494k
2021: €487k
2022: €530k
2023: €407k
2018 → 2024
Net result
€19k
2023 · €-22k
2018: €905
2019: €13k
2020: €21k
2021: €5k
2022: €2k
2023: €-22k
2018 → 2024
Working capital
€182k▲ 20.1%
2023 · €152k
2018: €5k
2019: €113k
2020: €133k
2021: €126k
2022: €153k
2023: €152k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€319k-€324k▲ 1.5%€326k▲ 0.6%€304k▼ 6.6%€323k▲ 6.1%
Operating result€31k-€12k▼ 62.0%€9k▼ 26.6%€-19k€26k
Net result€21k-€5k▼ 76.8%€2k▼ 59.1%€-22k€19k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €26k after a loss of €19k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €399k
Fixed assets
€182k▼ 13.6%
Current assets
€218k▲ 10.4%
Equity and liabilities €399k
Equity
€323k▲ 6.1%
Debt
€76k▼ 25.9%
The debt ratio falls from 25.3% to 19.1%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€60k▲
2023 · €26k
Cash flow
€53k▲
2023 · €23k
Solvency
80.9%▲
2023 · 74.7%
Current ratio
6.14▲
2023 · 4.33
Quick ratio
5.16▲
2023 · 2.80
Debt / equity
0.24▼
2023 · 0.34
ROE
5.7%▲
2023 · -7.1%
ROA
4.6%▲
2023 · -5.3%
Interest coverage
26.14▲
2023 · 8.44
Debt
€76k▼
2023 · €103k
Debt ≤ 1 year
€35k▼
2023 · €45k
Debt > 1 year
€39k▼
2023 · €58k
Income taxes
€5k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€407k€399k▼
Fixed assets21/28€210k€182k▼
Tangible fixed assets22/27€210k€182k▼
Land and buildings22€135k€130k▼
Plant, machinery and equipment23€9k€10k▲
Furniture and vehicles24€23k€13k▼
Leasing and similar rights25€43k€28k▼
Current assets29/58€197k€218k▲
Stocks and contracts in progress3€70k€35k▼
Stocks30/36€70k€35k▼
Amounts receivable within one year40/41€127k€181k▲
Trade receivables40€93k€131k▲
Other amounts receivable41€35k€51k▲
Cash at bank and in hand54/58-€2k
Equity and liabilities
Total equity and liabilities10/49€407k€399k▼
Equity10/15€304k€323k▲
Contributions10/11€43k€43k=
Outside capital11€43k€43k=
Other1109/19€43k€43k=
Reserves13€174k€193k▲
Non-distributable reserves130/1€4k€4k=
Reserves not available under the articles1311€4k€4k=
Tax-exempt reserves132€11k€11k=
Distributable reserves133€159k€177k▲
Profit (loss) carried forward14€87k€87k=
Amounts payable17/49€103k€76k▼
Amounts payable after more than one year17€58k€39k▼
Financial debts170/4€58k€39k▼
Amounts payable within one year42/48€45k€35k▼
Current portion of amounts payable after more than one year42€24k€19k▼
Financial debts43€3k€5k▲
Credit institutions430/8€3k€5k▲
Trade debts44€11k€9k▼
Suppliers440/4€11k€9k▼
Taxes, remuneration and social security45€7k€2k▼
Taxes450/3€7k€2k▼
Accrued charges and deferred income492/3-€2k
Income statement
Code20232024
Remuneration, social security and pensions62€196-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€45k€34k▼
Other operating charges640/8€5k€5k▼
Gross operating margin9900€32k€64k▲
Operating profit (loss)9901€-19k€26k▲
Financial income75/76B€21€62▲
Recurring financial income75€21€62▲
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€-22k€24k▲
Income taxes67/77-€5k
Profit (loss) for the period9904€-22k€19k▲
Profit (loss) for the period to be appropriated9905€-22k€19k▲
Appropriation of the result
Profit (loss) to be appropriated9906€87k€106k▲
Profit (loss) brought forward from the previous period14P€109k€87k▼
Transfer to equity691/2-€19k
To other reserves6921-€19k
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 91 days late
2024
31-12
Financial
Back to profitnet €19k
Net result €19k after one loss-making year.
22-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 83 days late
2023
31-12
Financial
Weakest financial yearnet €-22k ▼1208%
Net result drops to €-22k, the lowest in the series; recovery starts the following year.
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 61 days late
2022
28-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 89 days late
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €21k ▲54.1%
Operating result €31k, net result €21k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial
Liquidity doublescurrent ratio 2.25
Current ratio from 1.04 to 2.25; short-term debt falls from €122k to €90k.
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
28-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
28-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Berlare · 1 establishment unit since 1996
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.
Molenstraat(O) 979290 BerlareGround area
283 m²
Building footprint
283 m²
Volume, LiDAR
1,284 m³
Parcel 42017C0040/00G000, Flanders · tallest building 7.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Gedebo Woodsolutions BVBA
since 19962.075.432.487
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42017C0040/00G000 | Flanders | 283 m² | 1 · 283 m² | 7.3 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
KASTEL INTERIOR
BE 0829.358.413
Oostrozebeke · Eq €323k
WINDOOR INTERNATIONAL
BE 0893.860.740
Moorslede · Eq €321k
WYNNUM
BE 0838.755.436
Oostkamp · Eq €325k
ALUMI & Co
BE 0760.603.526
Awans · Eq €320k
NEW PETYT - PAN-O-PLOMB
BE 0416.416.743
Braine-l'Alleud · Eq €329k
Of 1,594 companies in sector 16230 we hold annual accounts for 777. 599 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded15-02-1996
Fiscal year end31-12
Activities, NACEBEL
16230Manufacture of other builders' carpentry and joinery
45421
31002Manufacture of furniture
36130
43320Joinery installation
43410Roofing work
45220
47540Retail sale of electrical household appliances
77320Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filingsAddress and cadastre registers
Data from official sources, last processed on 10-09-2026. Scores and ratios are computed by Checked and are not a credit decision.