GEDECA
ActiveThe computed 12-month bankruptcy probability of GEDECA is 2.1% (moderate). The 2024 annual accounts show equity of €5k and a net result of €-1k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 48% of 18942 sector peers (fiscal year 2024). The company has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
48
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability18=
Solvency52▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity tight (current ratio 1.37 against 1.33 in 2023; short-term debt: 73% and cash: 97.3% of total assets), and 73% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
27%
Return on assets
-7.7%
Age of the figures
24 mo
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 · Annual accounts not filed
The financial year that closed on 30-09-2025 was due at the National Bank by 30-04-2026. Nothing is on record, 141 days later.
NBB · 10 filingsPosition against the passed deadline
30-09-2025 close30-04-2026 deadline18-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2024 was due by 30-04-2025 and was filed on 26-02-2025, 63 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
63 d early
2023
70 d early
2022
81 d early
2021
165 d early
2020
172 d early
2019
136 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€5k▼ 22.2%
2023 · €6k
2018: €-5k
2019: €-4k
2020: €17k
2021: €18k
2022: €8k
2023: €6k
2018 → 2024
Total assets
€17k▼ 28.9%
2023 · €24k
2019: €26k
2020: €46k
2021: €48k
2022: €35k
2023: €24k
2019 → 2024
Net result
€-1k▲ 30.8%
2023 · €-2k
2018: €-2k
2019: €1k
2020: €20k
2021: €1k
2022: €-10k
2023: €-2k
2018 → 2024
Working capital
€5k▼ 22.2%
2023 · €6k
2019: €-13k
2020: €10k
2021: €13k
2022: €8k
2023: €6k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€17k-€18k▲ 7.3%€8k▼ 55.9%€6k▼ 24.3%€5k▼ 22.2%
Operating result€21k-€2k▼ 90.8%€-10k€-2k▲ 81.1%€-1k▲ 31.0%
Net result€20k-€1k▼ 94.0%€-10k€-2k▲ 80.8%€-1k▲ 30.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €1k in 2024 against €2k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €17k
Equity
€5k▼ 22.2%
Debt
€13k▼ 31.1%
The debt ratio falls from 75.4% to 73.0%. Equity and debt are lower.
Key figures and ratios
Solvency
27.0%▲
2023 · 24.6%
Current ratio
1.37▲
2023 · 1.33
Quick ratio
1.37▲
2023 · 1.33
Debt / equity
2.71▼
2023 · 3.06
ROE
-28.5%▲
2023 · -32.1%
ROA
-7.7%▲
2023 · -7.9%
Debt
€13k▼
2023 · €18k
Debt ≤ 1 year
€13k▼
2023 · €18k
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€24k€17k▼
Current assets29/58€24k€17k▼
Amounts receivable within one year40/41€80€463▲
Other amounts receivable41€80€463▲
Cash at bank and in hand54/58€24k€17k▼
Equity and liabilities
Total equity and liabilities10/49€24k€17k▼
Equity10/15€6k€5k▼
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Non-distributable reserves130/1€1k€1k=
Reserves not available under the articles1311€1k€1k=
Distributable reserves133€516€516=
Profit (loss) carried forward14€-2k€-3k▼
Amounts payable17/49€18k€13k▼
Amounts payable within one year42/48€18k€13k▼
Trade debts44-€136
Suppliers440/4-€136
Taxes, remuneration and social security45€1-
Taxes450/3€1-
Other amounts payable47/48€18k€12k▼
Income statement
Code20232024
Other operating charges640/8-€115
Gross operating margin9900€-2k€-1k▲
Operating profit (loss)9901€-2k€-1k▲
Financial charges65/66B€94€69▼
Recurring financial charges65€94€69▼
Profit (loss) for the period before taxes9903€-2k€-1k▲
Profit (loss) for the period9904€-2k€-1k▲
Profit (loss) for the period to be appropriated9905€-2k€-1k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-2k€-3k▼
Profit (loss) brought forward from the previous period14P-€-2k
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
26-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
20-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
08-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Weakest financial yearnet €-10k ▼916%
Net result drops to €-10k, the lowest in the series; recovery starts the following year.
2021
16-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
09-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
30-09
Financial
Highest result since 2018net €20k ▲1671%
Operating result €21k, net result €20k, both a record.
30-09
Financial
Liquidity doublescurrent ratio 1.34
Current ratio from 0.57 to 1.34; short-term debt falls from €30k to €29k.
2019
16-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
30-09
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
01-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
30-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
01-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
26-01
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated 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, Hooglede · 1 establishment unit since 2003
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.
Bruggesteenweg 1168830 HoogledeGround area
2,062 m²
Building footprint
529 m²
Volume, LiDAR
1,426 m³
2 parcels, Flanders · tallest building 13.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
De Kapelle
since 20032.134.411.952
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36005E0601/00K000 | Flanders | 1,736 m² | 1 · 228 m² | - |
| 33020E0572/00D002 | Flanders | 326 m² | 1 · 301 m² | 13.4 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
LEAL.LA
BE 0818.633.280
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Snooker Point
BE 0597.662.233
Antwerpen · Eq €5k
Elcali
BE 0791.757.748
Herselt · Eq €5k
DEN DRIES
BE 0839.558.853
Vilvoorde · Eq €5k
F&B SOLUTIONS
BE 1021.688.429
Torhout · Eq €5k
Of 14,025 companies in sector 56301 we hold annual accounts for 4,894. 2,722 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded16-10-2003
Fiscal year end30-09
Activities, NACEBEL
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.