GEE
ActiveSummary
GEE has been active since 1992 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €288,601 and a net result of €90,385. Equity is growing by about 19% per year across the filed financial years. Its solvency ranks better than 46% of 5,017 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
- Staff
- 12.1 FTE
- Equity
- €288,601
- Profit
- €90,385
Why 94raises riskSector: Retail trade (NACE 47)lowers riskLiquidity: current ratio 1.36, cash €269,701Founded in 1992Profit of €90,385 (financial year 2025)Show the evidence
Checked score
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, small): better than 52% on solvency, 80% on liquidity, 81% on profitability and 82% on growth.
The bankruptcy probability was computed on 25-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 31 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · full…
- Permanent representative: Alain BATTEURPower of attorney
- Annual accounts filedfinancial year 2024 · full…
Financials · financial year 2025, full format
2025 annual accounts filed late (25 days) Filed on 25 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00490825.
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 43% above 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 47, Retail trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Peer companies
Historical observationOf the 20,139 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95.0% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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 | 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 74.5% 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 20,139 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | - | - | €20,248 | - |
| Remuneration, social security and pensions62 | - | - | - | €415,697 | €449,814 | €484,619 | €462,413 | €466,252 | ▲ 0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €95,522 | €95,247 | €92,046 | €93,178 | €82,265 | €84,476 | €87,831 | €81,853 | ▼ 6.8% |
| Other operating charges640/8 | - | - | - | €3,091 | €2,751 | €3,015 | €12,125 | €15,062 | ▲ 24.2% |
| Non-recurring operating charges66A | - | - | - | €1,765 | €1,411 | €2,343 | - | - | - |
| Gross operating margin9900 | €472,402 | €460,460 | €578,028 | €689,675 | €546,247 | €606,111 | €674,172 | €723,537 | ▲ 7.3% |
| Operating profit (loss)9901 | €12,936 | €14,397 | €89,698 | €175,944 | €10,006 | €31,658 | €111,803 | €160,370 | ▲ 43.4% |
| Financial income75/76B | - | - | - | €1,696 | €1,773 | €1,477 | €1,599 | €1,500 | ▼ 6.2% |
| Recurring financial income75 | €3,007 | €7,506 | €2,268 | €1,696 | €1,773 | €1,477 | €1,599 | €1,500 | ▼ 6.2% |
| Financial charges65/66B | - | - | - | €42,421 | €45,466 | €44,961 | €41,599 | €37,614 | ▼ 9.6% |
| Recurring financial charges65 | €34,409 | €37,798 | €41,206 | €42,421 | €45,466 | €44,961 | €41,599 | €37,614 | ▼ 9.6% |
| Profit (loss) for the period before taxes9903 | -€18,466 | -€15,895 | €50,760 | €135,219 | -€33,687 | -€11,826 | €71,804 | €124,256 | ▲ 73.0% |
| Income taxes67/77 | €331 | €326 | €7,276 | €29,634 | €789 | €861 | €18,464 | €33,870 | ▲ 83.4% |
| Profit (loss) for the period9904 | -€18,797 | -€16,221 | €43,484 | €105,585 | -€34,476 | -€12,687 | €53,340 | €90,385 | ▲ 69.5% |
| Profit (loss) for the period to be appropriated9905 | -€18,797 | -€16,221 | €43,484 | €105,585 | -€34,476 | -€12,687 | €53,340 | €90,385 | ▲ 69.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €1.0m | €0.9m | €1.0m | €1.1m | €1.0m | €0.9m | €0.9m | €0.9m | ▲ 2.7% |
| Formation expenses20 | €0.007m | €0.004m | €0.002m | €0.001m | €0.001m | €0.002m | €0.002m | €0.001m | ▼ 31.2% |
| Fixed assets21/28 | €0.6m | €0.5m | €0.4m | €0.4m | €0.4m | €0.3m | €0.2m | €0.2m | ▼ 2.2% |
| Tangible fixed assets22/27 | €0.6m | €0.5m | €0.4m | €0.4m | €0.4m | €0.3m | €0.2m | €0.2m | ▼ 2.2% |
| Plant, machinery and equipment23 | - | - | - | €0.3m | €0.3m | €0.2m | €0.2m | €0.1m | ▼ 30.2% |
| Furniture and vehicles24 | - | - | - | €0.06m | €0.05m | €0.05m | €0.07m | €0.1m | ▲ 70.3% |
| Financial fixed assets28 | €310 | €310 | €310 | €310 | €310 | €310 | €310 | €310 | = |
| Current assets29/58 | €0.4m | €0.4m | €0.5m | €0.7m | €0.7m | €0.6m | €0.6m | €0.7m | ▲ 4.5% |
| Stocks and contracts in progress3 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | ▲ 0.4% |
| Stocks30/36 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | ▲ 0.4% |
| Amounts receivable within one year40/41 | €0.07m | €0.1m | €0.1m | €0.1m | €0.2m | €0.2m | €0.1m | €0.2m | ▲ 7.3% |
| Trade receivables40 | - | - | - | €0.1m | €0.2m | €0.2m | €0.1m | €0.2m | ▲ 20.4% |
| Other amounts receivable41 | - | - | - | €0.03m | €0.06m | €0.02m | €0.02m | €0.002m | ▼ 91.0% |
| Current investments50/53 | €0.02m | - | - | - | - | - | - | - | - |
| Cash at bank and in hand54/58 | €0.1m | €0.1m | €0.2m | €0.3m | €0.2m | €0.2m | €0.3m | €0.3m | ▲ 0.4% |
| Deferred charges and accrued income490/1 | - | - | - | €0.006m | €0 | - | €0.002m | €0.02m | ▲ 925% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €1.0m | €0.9m | €1.0m | €1.1m | €1.0m | €0.9m | €0.9m | €0.9m | ▲ 2.7% |
| Equity10/15 | €0.09m | €0.07m | €0.1m | €0.2m | €0.2m | €0.2m | €0.2m | €0.3m | ▲ 25.7% |
| Contributions10/11 | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Capital10 | - | - | - | €0.02m | €0.02m | €0.02m | - | - | - |
| Issued capital100 | - | - | - | €0.02m | €0.02m | €0.02m | - | - | - |
| Contributions outside capital11 | - | - | - | - | - | - | €0.02m | €0.02m | = |
| Other1109/19 | - | - | - | - | - | - | €0.02m | €0.02m | = |
| Reserves13 | €0.03m | €0.03m | €0.08m | €0.2m | €0.1m | €0.1m | €0.2m | €0.3m | ▲ 29.6% |
| Non-distributable reserves130/1 | - | - | - | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Legal reserve130 | - | - | - | €0.002m | €0.002m | €0.002m | - | - | - |
| Reserves not available under the articles1311 | - | - | - | - | - | - | €0.002m | €0.002m | = |
| Tax-exempt reserves132 | - | - | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Distributable reserves133 | - | - | - | €0.2m | €0.1m | €0.1m | €0.2m | €0.2m | ▲ 33.0% |
| Profit (loss) carried forward14 | €0.04m | €0.02m | €0.02m | €0.02m | €0.02m | €0.01m | €0.01m | €0.01m | = |
| Provisions and deferred taxes16 | €267 | €268 | €268 | €268 | €268 | €268 | €268 | €268 | = |
| Provisions for liabilities and charges160/5 | - | - | - | €268 | €268 | €268 | €268 | €268 | = |
| Environmental obligations163 | - | - | - | €268 | €268 | €268 | €268 | €268 | = |
| Amounts payable17/49 | €0.9m | €0.8m | €0.8m | €0.8m | €0.8m | €0.7m | €0.6m | €0.6m | ▼ 5.7% |
| Amounts payable after more than one year17 | €0.5m | €0.4m | €0.4m | €0.3m | €0.3m | €0.2m | €0.1m | €0.08m | ▼ 34.1% |
| Financial debts170/4 | - | - | - | €0.3m | €0.3m | €0.2m | €0.1m | €0.08m | ▼ 34.1% |
| Amounts payable within one year42/48 | €0.4m | €0.4m | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | ▼ 0.5% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.1m | €0.1m | €0.09m | €0.1m | €0.08m | ▼ 19.0% |
| Trade debts44 | €0.3m | €0.3m | €0.4m | €0.3m | €0.4m | €0.4m | €0.3m | €0.3m | ▼ 7.5% |
| Suppliers440/4 | - | - | - | €0.3m | €0.4m | €0.4m | €0.3m | €0.3m | ▼ 7.5% |
| Taxes, remuneration and social security45 | - | - | - | €0.08m | €0.07m | €0.07m | €0.09m | €0.1m | ▲ 43.9% |
| Taxes450/3 | - | - | - | €0.008m | €322 | €0.001m | €0.02m | €0.07m | ▲ 205% |
| Remuneration and social security454/9 | - | - | - | €0.07m | €0.07m | €0.07m | €0.06m | €0.06m | ▼ 13.0% |
| Other amounts payable47/48 | - | - | - | €0 | €0 | - | - | €0.001m | - |
| Accrued charges and deferred income492/3 | - | - | - | €0.008m | €0.002m | €0.004m | €0.02m | €0.03m | ▲ 52.4% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€18,797 | -€16,221 | €43,484 | €105,585 | -€34,476 | -€12,687 | €53,340 | €90,385 | ▲ 69.5% |
| + Depreciation and write-downs630 | €95,522 | €95,247 | €92,046 | €93,178 | €82,265 | €84,476 | €87,831 | €81,853 | ▼ 6.8% |
| Operating cash flow (approximation) | €76,725 | €79,026 | €135,530 | €198,763 | €47,789 | €71,789 | €141,171 | €172,238 | ▲ 22.0% |
| Investment in fixed assets (approximation) | - | -€2,985 | -€16,051 | -€31,660 | -€86,988 | -€17,493 | -€32,886 | -€76,829 | ▼ 134% |
| Change in cash | - | -€35,497 | €105,968 | €111,295 | -€110,996 | -€37,102 | €92,844 | €1,073 | ▼ 98.8% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 34 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | full format | 25-08-2026 | 2026-00490825 |
| 31-12-2024 | full format | 29-08-2025 | 2025-00470541 |
| 31-12-2023 | full format | 28-08-2024 | 2024-00416369 |
| 31-12-2022 | full format | 08-08-2023 | 2023-00329113 |
| 31-12-2021 | full format | 31-08-2022 | 2022-20418237 |
| 31-12-2020 | full format | 31-08-2021 | 2021-65600241 |
| 31-12-2019 | full format | 07-10-2020 | 2020-60500235 |
| 31-12-2018 | full format | 26-08-2019 | 2019-53700499 |
| 31-12-2017 | full format | 21-08-2018 | 2018-48900438 |
| 31-12-2016 | full format | 17-08-2017 | 2017-44000597 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| GÉE Vincent Fernand Joseph Ghislain |
|
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
04-11
Gazette deed
Permanent representative: Alain BATTEURPower of attorney6 facts ▸
- General meeting, 17-09-2025
- Director in office, Vincent GEE (actionnaire)
- Director in office, Vincent GEE (director)
- Board meeting, 17-09-2025
- Power of attorney, FIDUCIAIRE MOUSCRONNOISE
- Permanent representative, Alain BATTEUR
19-03
Gazette deed
Resignation: GÉE Vincent Fernand Joseph Ghislain (gérant statuaire)Appointment: GÉE Vincent Fernand Joseph Ghislain (statutory director) · Capital · Capital conversion13 facts ▸
- General meeting, 29-12-2023
- Other provision, “actionnaire unique, dispense de lecture du rapport et de communication préalable” (deed in French)
- Capital
- Capital conversion, “compte de capitaux propres statutairement indisponibles” (deed in French)
- Reserve release, “suppression du compte de capitaux propres statutairement indisponible, fonds disponibles pour distribution” (deed in French)
- Legal-form conversion, “société à responsabilité limitée (SRL)” (deed in French)
- Registered office clause, “Wallonne, 6900 Marche-en-Famenne (Aye), rue des Jolis Bois, 44 A” (deed in French)
- Director resignation, GÉE Vincent Fernand Joseph Ghislain (gérant statuaire)
- Director appointment, GÉE Vincent Fernand Joseph Ghislain (statutory director) (2 times)
- Other provision, “décharge du gérant démissionnaire, l’actionnaire unique décidera à la prochaine assemblée générale annuelle” (deed in French)
- Amendment of the articles (2 times)
- Other provision, “DIXIÈME RÉSOLUTION, L'actionnaire unique décide de donner la mission au notaire soussigné d'établir et de signer la coordination des statuts, conformément aux d…” (deed in French)
- +1 further fact in this act
Show earlier events
About the unread acts
Of the 4 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 26 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Recognitions · licences · registrations
Food safety, FASFC
1 siteEnvironmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 83002A0090/00D002 | Wallonia | 2,960 m² | 1 · 903 m² | - |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “La société ne peut nullement s'occuper de la gestion de patrimoines ni de conseils d'investissement tel que visé par les Lois et les Arrêtés…” (deed in French)
15 activities (deed in French)
- La société ne peut nullement s'occuper de la gestion de patrimoines ni de conseils d'investissement tel que visé par les Lois et les Arrêtés royaux sur les transactions financières et les marchés financiers, ainsi que sur la gestion de patrimoines et les conseils d'investissement.
- La société devra s'abstenir de toute activité qui relève de dispositions réglementaires, pour autant que la société même ne satisfasse pas à ces dispositions.
- Le commerce de gros, de semi gros et de détail à plusieurs classifications, à savoir :
- Denrées alimentaires et tabac
- Textiles, habillement et chaussures
- L’exploitation d’une boucherie, atelier de découpe, service traiteur ; le commerce en gros et en détail de tous produits sur base de viandes, charcuterie, fromages, poissons, légumes, et autres ; le service traiteur et la transformation des produits de viande et de ses dérivés ?
- Articles d'ameublement, d'entretien et d'équipement ménager
- Articles de luxe, de précision et objets d'art
- Articles de papeterie, livres, fournitures de bureau et articles de musique et audiovisuel
- Jouets, articles de sports, de pêche, de chasse, et articles pour enfants
- Le tout dans le sens le plus large du terme
- La société peut procéder à toutes opérations commerciales, industrielles, immobilières, mobilières ou financières qui sont directement ou indirectement liées ou apparentées à son objet ou qui peuvent en favoriser la réalisation.
- La société peut, par des apports, des fusions, des souscriptions ou de toute autre manière, participer à des entreprises, des associations ou des sociétés qui ont un objet similaire ou annexe ou qui peuvent contribuer à la réalisation de tout ou partie de son objet.
- L'énumération ci-dessus n'est pas limitative, de sorte que la société puisse procéder à toute opération qui, de quelque manière que ce soit, peut contribuer à la réalisation de son objet.
- La société peut réaliser son objet tant en Belgique qu’à l’étranger, sous les formes et de toutes les manières qu’elle jugera les mieux appropriées à cet effet.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région Wallonne, Article 2” (deed in French)1 more provision on this in the deed
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Daily managementWho may handle the everyday running of the business without the full board.
- The board decides whether the delegates act alone or jointly
- Board ruleHow the board is made up, meets and takes decisions.
- “Mandat gratuit, sauf décision contraire de l’assemblée générale, rémunération du mandat d’administrateur” (deed in French)“Nommés avec ou sans limitation de durée, organe d'administration” (deed in French)6 more provisions on this in the deed
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Tous les frais de procédure et d'expertise étant pour moitié à charge du cédant et pour moitié à charge du ou des acquéreurs…” (deed in French)
- Profit allocationHow profit is distributed; a BV may only pay out after a balance-sheet and liquidity test.
- “Chaque action confère un droit égal dans la répartition des bénéfices, La société peut demander le remboursement de toute distribution…” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Tuesday of June at 14:00
- Meeting noticeHow and how far ahead shareholders are invited to a meeting; by law at least fifteen days.
- One provision in the deed
- Meeting accessWho may attend the meeting and what is needed to be admitted.
- One provision in the deed
- Meeting procedureHow the meeting runs, from opening to minutes.
- One provision in the deed
- Proxy ruleWhether a shareholder may be represented at the meeting by someone else.
- One provision in the deed
- Voting ruleWhich majority the meeting decides by, for example a simple or a special majority.
- “A l'assemblée générale, chaque action donne droit à une voix, sous réserve des dispositions légales régissant les actions sans droit de vote” (deed in French)
- Remote participationWhether shareholders may take part in the meeting remotely.
- One provision in the deed
Oversight and winding up
- Auditor ruleHow a statutory auditor is appointed and what they check, if the company has one.
- One provision in the deed
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Cette confirmation n'est toutefois pas requise s'il résulte de cet état résumant la situation active et passive que la société n'a des…” (deed in French)