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GEDEBODAK

Active
Private limited companyfounded 200818 yrs activeZonnebeekseweg 190, 8900 Ieper, BelgiumKBO/BCE: BE 0895.533.791
Summary

GEDEBODAK has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €260,272 and a net result of €4,847. Equity is growing by ~38% per year across the filed fiscal years. Its solvency ranks better than 56% of 28806 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Overview

What they do
Roofing work
NACE 43410Bricklaying and masonry work NACE 43910
1 site
How big
€498,020total assets 2025
Equity
€260,272
Profit
€4,847
Turnover not published (abridged schema)
Financially healthy?
74 Healthy Checked score 2025
Bankruptcy chance 12 m
0.8%
Who decides
Accounts 8 d early0 of 2 deeds read
Why 74- Higher-failure-rate sector+ Long track record+ Annual accounts: healthy financial profileLatest accounts filed on timeShow the evidence

Checked score

Score 2025
Axes · tick = 2024
Profitability70▼-4
Solvency77▲+8
Growth52=
Track record100
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19,000 at 30 days acceptable
Liquidity ample (current ratio 2.42 against 2.16 in 2024; short-term debt: 23% and cash: 21.7% of total assets), and 47.7% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 18 years 0 20 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
52.3%
Return on assets
1%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 23-10-2025, 8 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
8 d early
2024
6 d early
2023
1 d early
2022
3 d early
2021
2 d early
2020
1 d early
2019
on the day
← 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 3 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today. Usually files around 28 October (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
31-03-2026 close01-10-2026 today31-10-2026 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
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Weakest financial yearnet €4,847 ▼79.2%
  3. Annual accounts filedfiscal year 2024 · abbreviated…

Financials

Fiscal year 2025Total assets €498,020Profit €4,847Solvency 52.3%Liquidity 2.42
Total assets
€498,020▼ 15.1%
2019 - 2025
Net result
€4,847▼ 79.2%
2019 - 2025
Equity
€260,272▲ 1.9%
2019 - 2025
Staff (FTE)
2.6▼ 7.1%
2019 - 2024

Financials · fiscal year 2025, micro schema

Trend over the years7 fiscal years
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€53,621▲ 48.3%€109,839▲ 105%€68,696▼ 37.5%€47,718▼ 30.5%€19,199▼ 59.8%
Net result€37,526within the sector's middle half▲ 83.0%€84,377within the sector's middle half▲ 125%€39,646within the sector's middle half▼ 53.0%€23,347within the sector's middle half▼ 41.1%€4,847within the sector's middle half▼ 79.2%
Equity€108,056within the sector's middle half▲ 53.2%€192,433within the sector's middle half▲ 78.1%€232,079within the sector's middle half▲ 20.6%€255,426within the sector's middle half▲ 10.1%€260,272above the sector's middle half▲ 1.9%
Total assets€581,196within the sector's middle half▲ 30.7%€667,556within the sector's middle half▲ 14.9%€677,667within the sector's middle half▲ 1.5%€586,690within the sector's middle half▼ 13.4%€498,020above the sector's middle half▼ 15.1%
Debt€473,140▲ 26.5%€475,123▲ 0.4%€445,588▼ 6.2%€331,264▼ 25.7%€237,747▼ 28.2%
Working capital€81,577within the sector's middle half▲ 75.4%€181,376within the sector's middle half▲ 122%€164,835within the sector's middle half▼ 9.1%€152,937within the sector's middle half▼ 7.2%€163,043above the sector's middle half▲ 6.6%
Solvency18.6%below the sector's middle half▲ 2.7pp28.8%within the sector's middle half▲ 10.2pp34.2%within the sector's middle half▲ 5.4pp43.5%within the sector's middle half▲ 9.3pp52.3%within the sector's middle half▲ 8.7pp
Current ratio1.56within the sector's middle half▲ 0.172.46within the sector's middle half▲ 0.901.93within the sector's middle half▼ 0.532.16within the sector's middle half▲ 0.232.42within the sector's middle half▲ 0.27
Return on assets (ROA)6.5%within the sector's middle half▲ 1.8pp12.6%above the sector's middle half▲ 6.2pp5.9%within the sector's middle half▼ 6.8pp4.0%within the sector's middle half▼ 1.9pp1.0%within the sector's middle half▼ 3.0pp
Staff (FTE)3.8within the sector's middle half▲ 31.0%3.8within the sector's middle half=2.8within the sector's middle half▼ 26.3%2.6within the sector's middle half▼ 7.1%
above within below the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result and balance sheet2025
Result per fiscal year
Operating resultNet result
€0€50,000€100,000Operating result 2021: €53,621€53,621Net result 2021: €37,526€37,526Operating result 2022: €109,839€109,839Net result 2022: €84,377€84,377Operating result 2023: €68,696€68,696Net result 2023: €39,646€39,646Operating result 2024: €47,718€47,718Net result 2024: €23,347€23,347Operating result 2025: €19,199€19,199Net result 2025: €4,847€4,84720212022202320242025€0€20,000€40,000€60,000Operating result 2023: €68,696€68,700Net result 2023: €39,646€39,600Operating result 2024: €47,718€47,700Net result 2024: €23,347€23,300Operating result 2025: €19,199€19,200Net result 2025: €4,847€4,850202320242025
The operating result has fallen three years in a row; 2025 is 60% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €498,020
Fixed assets €220,288 ▼ 26.9%
Current assets €277,732 ▼ 2.7%
Equity and liabilities €498,020
Equity €260,272 ▲ 1.9%
Debt €237,747 ▼ 28.2%
Debt's share of the balance-sheet total falls from 56.5% to 47.7%. Equity is higher and debt is lower.
Key figures and ratios2025
Key figures and ratios
2025 value · change against 2024
EBITDA
€109,880▼
2024 · €143,283
Cash flow
€95,528▼
2024 · €118,912
Quick ratio
1.97▲
2024 · 1.53
Debt to equity
0.91▼
2024 · 1.30
ROE
1.9%▼
2024 · 9.1%
Interest coverage
12.15▲
2024 · 11.26
Debt ≤ 1 year
€114,690▼
2024 · €132,364
Debt > 1 year
€117,412▼
2024 · €198,900
Income taxes
€5,618▼
2024 · €12,578
Staff costs
€29,451▼
2024 · €157,110
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,048 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 96% are still going.

  • Small
  • 10 to 20 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.4% went bankrupt
3.6% stopped otherwise
96% still going

For this company itself Checked computes a higher bankruptcy probability: 0.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 6,048 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Filed annual accountsfiscal year 2025
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 58 lines
Balance sheet Code20242025
Assets
Total assets20/58€586,690€498,020▼
Fixed assets21/28€301,389€220,288▼
Tangible fixed assets22/27€301,119€220,018▼
Land and buildings22€97,984€80,943▼
Plant, machinery and equipment23€26,444€19,819▼
Furniture and vehicles24€118,003€86,556▼
Leasing and similar rights25€58,034€32,700▼
Other tangible fixed assets26€654€0▼
Financial fixed assets28€270€270=
Current assets29/58€285,301€277,732▼
Stocks and contracts in progress3€82,890€51,243▼
Stocks30/36€54,890€51,243▼
Contracts in progress37€28,000€0▼
Amounts receivable within one year40/41€47,471€101,024▲
Trade receivables40€30,564€87,328▲
Other amounts receivable41€16,907€13,697▼
Cash at bank and in hand54/58€148,645€108,295▼
Deferred charges and accrued income490/1€6,295€17,169▲
Equity and liabilities
Total equity and liabilities10/49€586,690€498,020▼
Equity10/15€255,426€260,272▲
Contributions10/11€20,000€20,000=
Reserves13€235,426€240,272▲
Tax-exempt reserves132€20,853€11,753▼
Distributable reserves133€214,573€228,520▲
Amounts payable17/49€331,264€237,747▼
Amounts payable after more than one year17€198,900€117,412▼
Financial debts170/4€178,900€117,412▼
Other amounts payable178/9€20,000-
Amounts payable within one year42/48€132,364€114,690▼
Current portion of amounts payable after more than one year42€70,907€81,488▲
Financial debts43€496-
Credit institutions430/8€496-
Trade debts44€39,453€32,540▼
Suppliers440/4€39,453€32,540▼
Taxes, remuneration and social security45€19,541€0▼
Taxes450/3€11,183€0▼
Remuneration and social security454/9€8,358€0▼
Other amounts payable47/48€1,967€662▼
Accrued charges and deferred income492/3-€5,646
Income statement Code20242025
Non-recurring operating income76A€50,139-
Remuneration, social security and pensions62€157,110€29,451▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€95,565€90,681▼
Other operating charges640/8€4,577€3,459▼
Gross operating margin9900€304,970€142,790▼
Operating profit (loss)9901€47,718€19,199▼
Financial income75/76B€927€312▼
Recurring financial income75€927€312▼
Financial charges65/66B€12,720€9,046▼
Recurring financial charges65€12,720€9,046▼
Profit (loss) for the period before taxes9903€35,925€10,465▼
Income taxes67/77€12,578€5,618▼
Profit (loss) for the period9904€23,347€4,847▼
Transfer from tax-exempt reserves789€9,100€9,100=
Profit (loss) for the period to be appropriated9905€32,447€13,947▼
Appropriation of the result
Profit (loss) to be appropriated9906€32,447€13,947▼
Transfer to equity691/2€32,447€13,947▼
To other reserves6921€32,447€13,947▼
Social balance
Average headcount (FTE)90872.6-

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A-€74,100-€50,139--
Remuneration, social security and pensions62-€205,161€156,308€157,110€29,451▼ 81.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€74,042€85,102€82,722€95,565€90,681▼ 5.1%
Other operating charges640/8-€2,983€3,101€4,577€3,459▼ 24.4%
Gross operating margin9900€321,577€403,085€310,827€304,970€142,790▼ 53.2%
Operating profit (loss)9901€53,621€109,839€68,696€47,718€19,199▼ 59.8%
Financial income75/76B-€4,683€1,264€927€312▼ 66.4%
Recurring financial income75€36€4,683€1,264€927€312▼ 66.4%
Financial charges65/66B-€12,832€11,900€12,720€9,046▼ 28.9%
Recurring financial charges65€11,863€12,832€11,900€12,720€9,046▼ 28.9%
Profit (loss) for the period before taxes9903€41,794€101,690€58,060€35,925€10,465▼ 70.9%
Income taxes67/77€4,268€17,313€18,414€12,578€5,618▼ 55.3%
Profit (loss) for the period9904€37,526€84,377€39,646€23,347€4,847▼ 79.2%
Transfer from tax-exempt reserves789-€6,447€9,100€9,100€9,100=
Transfer to tax-exempt reserves689-€45,500----
Profit (loss) for the period to be appropriated9905€37,526€45,324€48,746€32,447€13,947▼ 57.0%
Line20212022202320242025Change
Assets
Total assets20/58€581,196€667,556€677,667€586,690€498,020▼ 15.1%
Fixed assets21/28€354,022€361,974€335,549€301,389€220,288▼ 26.9%
Tangible fixed assets22/27€353,752€361,704€335,279€301,119€220,018▼ 26.9%
Land and buildings22-€132,064€115,024€97,984€80,943▼ 17.4%
Plant, machinery and equipment23-€22,717€26,614€26,444€19,819▼ 25.1%
Furniture and vehicles24-€93,600€108,221€118,003€86,556▼ 26.6%
Leasing and similar rights25-€108,710€83,372€58,034€32,700▼ 43.7%
Other tangible fixed assets26-€4,613€2,048€654€0▼ 100%
Financial fixed assets28€270€270€270€270€270=
Current assets29/58€227,174€305,582€342,118€285,301€277,732▼ 2.7%
Stocks and contracts in progress3€58,532€86,429€108,365€82,890€51,243▼ 38.2%
Stocks30/36-€58,629€38,365€54,890€51,243▼ 6.6%
Contracts in progress37-€27,800€70,000€28,000€0▼ 100%
Amounts receivable within one year40/41€101,898€105,224€135,486€47,471€101,024▲ 113%
Trade receivables40-€81,357€111,848€30,564€87,328▲ 186%
Other amounts receivable41-€23,867€23,638€16,907€13,697▼ 19.0%
Cash at bank and in hand54/58€22,169€104,182€91,258€148,645€108,295▼ 27.1%
Deferred charges and accrued income490/1-€9,747€7,009€6,295€17,169▲ 173%
Equity and liabilities
Total equity and liabilities10/49€581,196€667,556€677,667€586,690€498,020▼ 15.1%
Equity10/15€108,056€192,433€232,079€255,426€260,272▲ 1.9%
Contributions10/11-€20,000€20,000€20,000€20,000=
Reserves13€88,056€172,433€212,079€235,426€240,272▲ 2.1%
Non-distributable reserves130/1-€1,766€1,766---
Reserves not available under the articles1311-€1,766€1,766---
Tax-exempt reserves132-€39,053€29,953€20,853€11,753▼ 43.6%
Distributable reserves133-€131,614€180,360€214,573€228,520▲ 6.5%
Amounts payable17/49€473,140€475,123€445,588€331,264€237,747▼ 28.2%
Amounts payable after more than one year17€327,543€350,917€268,305€198,900€117,412▼ 41.0%
Financial debts170/4-€320,917€248,305€178,900€117,412▼ 34.4%
Other amounts payable178/9-€30,000€20,000€20,000--
Amounts payable within one year42/48€145,597€124,206€177,283€132,364€114,690▼ 13.4%
Current portion of amounts payable after more than one year42-€77,045€74,047€70,907€81,488▲ 14.9%
Financial debts43-€26€565€496--
Credit institutions430/8-€26€565€496--
Trade debts44€53,654€22,132€80,807€39,453€32,540▼ 17.5%
Suppliers440/4-€22,132€80,807€39,453€32,540▼ 17.5%
Taxes, remuneration and social security45-€23,041€18,627€19,541€0▼ 100%
Taxes450/3-€8,322€8,964€11,183€0▼ 100%
Remuneration and social security454/9-€14,719€9,663€8,358€0▼ 100%
Other amounts payable47/48-€1,962€3,237€1,967€662▼ 66.4%
Accrued charges and deferred income492/3----€5,646-
Line20212022202320242025Change
Profit (loss) for the period9904€37,526€84,377€39,646€23,347€4,847▼ 79.2%
+ Depreciation and write-downs630€74,042€85,102€82,722€95,565€90,681▼ 5.1%
Operating cash flow (approximation)€111,568€169,479€122,368€118,912€95,528▼ 19.7%
Investment in fixed assets (approximation)--€93,054-€56,297-€61,405-€9,580▲ 84.4%
Change in cash-€82,013-€12,924€57,387-€40,350▼ 170%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Comparable companies5

Similar companies · same sector, comparable size

Of 8,568 companies in this sector we hold annual accounts for 4,372. 3,462 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Timeline

15 eventsLatest 23-10-2025Next filing 31-10-2026

History

On 6 February 2008, GEDEBODAK was incorporated.1 Total assets went from €485,394 in 2019 to €498,020 in 2025 and headcount from 3.7 full-time equivalents in 2019 to 2.6 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019, 2024 and 2025

Acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-10-2026
2025
23-10
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial Weakest financial yearnet €4,847 ▼79.2%
Net result drops to €4,847, the lowest in the series.
2024
25-10
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
30-10
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
31-03
Financial Equity above €200,000Eq €232,079 ▲20.6%
5 profitable years in a row build equity to €232,079.
2022
28-10
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
31-03
Financial Highest result since 2019net €84,377 ▲125%
Operating result €109,839, net result €84,377, both a record.
31-03
Financial Equity above €150,000Eq €192,433 ▲78.1%
4 profitable years in a row build equity to €192,433.
2021
29-10
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
31-03
Financial Equity above €100,000Eq €108,056 ▲53.2%
3 profitable years in a row build equity to €108,056.
2020
30-10
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
31-10
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
Show earlier events
2018
09-11
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 9 days late
2017
31-10
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
31-10
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.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Company details

Private limited company · founded 06-02-2008Year ends 31-03Peppol reachable1 site

Register details

Identification
Legal formPrivate limited company
Founded06-02-2008
Fiscal year end31-03
Activities, NACEBEL 2025
43410Roofing work
41003General construction of other non-residential buildings
43221Plumbing work
43230Insulation installation
43990Other specialised construction activities
Contact
Phone 057 21 77 91Ieper
E-invoicing
Reachable via Peppol
Peppol ID 0208:0895533791
Also 9925:BE0895533791

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 1 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Sites & property

Location & real-estate footprint
Registered office, Ieper · 1 establishment unit since 2008
seat establishment The establishment unit on the map
Ground area
1.1 ha
Building footprint
193 m²
Volume, LiDAR
1,041 m³
Parcel 33302B0106/00M002, Flanders · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GEDEBODAK
Zonnebeekseweg 190, 8900 IeperConstruction of residential and non-residential buildings
since 2008unit no. 2.168.811.023
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
33302B0106/00M002 Flanders 1.1 ha 1 · 193 m² 9.7 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

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