GEEDEBO
ActiveSummary
GEEDEBO has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €520k and a net result of €61k. Equity is growing by ~20.9% per year across the filed fiscal years. Its solvency ranks better than 63% of 11389 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability77▲+1
Solvency83▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 6.9 against 7.33 in 2024; short-term debt: 12% and cash: 25% of total assets), and 41.9% of the assets are financed with debt.
Credit check 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 · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
58.1%
Return on assets
6.8%
Age of the figures
12 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 14-04-2026, 16 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
16 d early
2024
24 d early
2023
2 d early
2022
19 d early
2021
23 d early
2020
18 d early
2019
on the day
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€520k▲ 8.6%
2024 · €479k
2018: €90klowest in 8 years
2019: €108k▲ +19.5% vs 2018
2020: €150k▲ +38.8% vs 2019
2021: €296k▲ +97.5% vs 2020
2022: €346k▲ +17.1% vs 2021
2023: €437k▲ +26.2% vs 2022
2024: €479k▲ +9.4% vs 2023
2025: €520k▲ +8.6% vs 2024highest in 8 years
2018 → 2025
Total assets
€896k▲ 2.8%
2024 · €871k
2018: €634klowest in 8 years
2019: €643k▲ +1.5% vs 2018
2020: €695k▲ +8.0% vs 2019
2021: €799k▲ +15.1% vs 2020
2022: €802k▲ +0.3% vs 2021
2023: €891k▲ +11.2% vs 2022
2024: €871k▼ -2.3% vs 2023
2025: €896k▲ +2.8% vs 2024highest in 8 years
2018 → 2025
Net result
€61k▲ 16.5%
2024 · €52k
2018: €11klowest in 8 years
2019: €22k▲ +101% vs 2018
2020: €49k▲ +127% vs 2019
2021: €230k▲ +365% vs 2020highest in 8 years
2022: €52k▼ -77.3% vs 2021
2023: €92k▲ +77.2% vs 2022
2024: €52k▼ -43.6% vs 2023
2025: €61k▲ +16.5% vs 2024
2018 → 2025
Working capital
€635k▲ 5.6%
2024 · €601k
2018: €162k
2019: €157k▼ -3.6% vs 2018lowest in 8 years
2020: €186k▲ +18.7% vs 2019
2021: €477k▲ +157% vs 2020
2022: €513k▲ +7.5% vs 2021
2023: €575k▲ +12.1% vs 2022
2024: €601k▲ +4.5% vs 2023
2025: €635k▲ +5.6% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€296k-€346k▲ 17.1%€437k▲ 26.2%€479k▲ 9.4%€520k▲ 8.6%
2021: €296klowest in 5 years
2022: €346k▲ +17.1% vs 2021
2023: €437k▲ +26.2% vs 2022
2024: €479k▲ +9.4% vs 2023
2025: €520k▲ +8.6% vs 2024highest in 5 years
Operating result€345k-€77k▼ 77.7%€134k▲ 73.4%€76k▼ 43.5%€87k▲ 15.4%
2021: €345khighest in 5 years
2022: €77k▼ -77.7% vs 2021
2023: €134k▲ +73.4% vs 2022
2024: €76k▼ -43.5% vs 2023lowest in 5 years
2025: €87k▲ +15.4% vs 2024
Net result€230k-€52k▼ 77.3%€92k▲ 77.2%€52k▼ 43.6%€61k▲ 16.5%
2021: €230khighest in 5 years
2022: €52k▼ -77.3% vs 2021
2023: €92k▲ +77.2% vs 2022
2024: €52k▼ -43.6% vs 2023lowest in 5 years
2025: €61k▲ +16.5% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 15% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €893k
Fixed assets
€150k ▼ 12.4%
Current assets
€742k ▲ 6.6%
Equity and liabilities €896k
Equity
€520k ▲ 8.6%
Debt
€376k ▼ 4.3%
Debt's share of the balance-sheet total falls from 45.1% to 41.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€109k▲
2024 · €97k
Cash flow
€82k▲
2024 · €74k
Current ratio
6.90▼
2024 · 7.33
Quick ratio
4.84▲
2024 · 4.81
Debt to equity
0.72▼
2024 · 0.82
ROE
11.7%▲
2024 · 10.9%
ROA
6.8%▲
2024 · 6.0%
Interest coverage
21.06▲
2024 · 17.61
Debt ≤ 1 year
€108k▲
2024 · €95k
Debt > 1 year
€268k▼
2024 · €297k
Income taxes
€24k▲
2024 · €21k
Staff costs
€45k▲
2024 · €37k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 56 lines
Balance sheet
Code20242025
Assets
Total assets20/58€871k€896k▲
Formation expenses20€3k€3k▼
Fixed assets21/28€172k€150k▼
Intangible fixed assets21€1€1=
Tangible fixed assets22/27€172k€150k▼
Land and buildings22€158k€144k▼
Plant, machinery and equipment23€7k€5k▼
Furniture and vehicles24€7k€1k▼
Current assets29/58€696k€742k▲
Amounts receivable after more than one year29€276k€253k▼
Other amounts receivable291€276k€253k▼
Stocks and contracts in progress3€240k€222k▼
Stocks30/36€240k€222k▼
Amounts receivable within one year40/41€47k€40k▼
Trade receivables40€43k€39k▼
Other amounts receivable41€4k€661▼
Cash at bank and in hand54/58€130k€224k▲
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€871k€896k▲
Equity10/15€479k€520k▲
Contributions10/11€5k€5k=
Reserves13€474k€515k▲
Distributable reserves133€474k€515k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€392k€376k▼
Amounts payable after more than one year17€297k€268k▼
Financial debts170/4€297k€268k▼
Amounts payable within one year42/48€95k€108k▲
Current portion of amounts payable after more than one year42€29k€29k▲
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€27k€45k▲
Suppliers440/4€27k€45k▲
Taxes, remuneration and social security45€31k€29k▼
Taxes450/3€26k€24k▼
Remuneration and social security454/9€5k€6k▲
Other amounts payable47/48€7k€4k▼
Income statement
Code20242025
Remuneration, social security and pensions62€37k€45k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€22k▼
Other operating charges640/8€4k€5k▲
Gross operating margin9900€138k€159k▲
Operating profit (loss)9901€76k€87k▲
Financial income75/76B€3k€3k▲
Recurring financial income75€3k€3k▲
Financial charges65/66B€6k€5k▼
Recurring financial charges65€6k€5k▼
Profit (loss) for the period before taxes9903€73k€85k▲
Income taxes67/77€21k€24k▲
Profit (loss) for the period9904€52k€61k▲
Profit (loss) for the period to be appropriated9905€52k€61k▲
Appropriation of the result
Profit (loss) to be appropriated9906€52k€61k▲
Transfer from equity791/2€9k€18k▲
Transfer to equity691/2€50k€59k▲
To other reserves6921€50k€59k▲
Profit to be distributed694/7€11k€19k▲
Return on contributions (dividend)694€11k€19k▲
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €248k | €0 | - | - | - | - |
| Remuneration, social security and pensions62 | €3k | €35k | €44k | €37k | €45k | ▲ 22.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10k | €22k | €21k | €22k | €22k | ▼ 0.7% |
| Other operating charges640/8 | €5k | €4k | €5k | €4k | €5k | ▲ 13.5% |
| Gross operating margin9900 | €363k | €138k | €203k | €138k | €159k | ▲ 14.6% |
| Operating profit (loss)9901 | €345k | €77k | €134k | €76k | €87k | ▲ 15.4% |
| Financial income75/76B | €2k | €2k | €4k | €3k | €3k | ▲ 1.7% |
| Recurring financial income75 | €2k | €2k | €4k | €3k | €3k | ▲ 1.7% |
| Financial charges65/66B | €20k | €7k | €7k | €6k | €5k | ▼ 6.5% |
| Recurring financial charges65 | €20k | €7k | €7k | €6k | €5k | ▼ 6.5% |
| Profit (loss) for the period before taxes9903 | €327k | €72k | €131k | €73k | €85k | ▲ 16.5% |
| Income taxes67/77 | €97k | €20k | €39k | €21k | €24k | ▲ 16.4% |
| Profit (loss) for the period9904 | €230k | €52k | €92k | €52k | €61k | ▲ 16.5% |
| Profit (loss) for the period to be appropriated9905 | €230k | €52k | €92k | €52k | €61k | ▲ 16.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €799k | €802k | €891k | €871k | €896k | ▲ 2.8% |
| Formation expenses20 | €4k | €4k | €3k | €3k | €3k | ▼ 10.0% |
| Fixed assets21/28 | €209k | €188k | €185k | €172k | €150k | ▼ 12.4% |
| Intangible fixed assets21 | €1 | €1 | €1 | €1 | €1 | = |
| Tangible fixed assets22/27 | €209k | €188k | €185k | €172k | €150k | ▼ 12.4% |
| Land and buildings22 | €197k | €184k | €171k | €158k | €144k | ▼ 8.3% |
| Plant, machinery and equipment23 | €7k | €4k | €2k | €7k | €5k | ▼ 30.6% |
| Furniture and vehicles24 | €5k | €198 | €12k | €7k | €1k | ▼ 84.6% |
| Current assets29/58 | €586k | €610k | €703k | €696k | €742k | ▲ 6.6% |
| Amounts receivable after more than one year29 | €330k | €276k | €276k | €276k | €253k | ▼ 8.3% |
| Other amounts receivable291 | €330k | €276k | €276k | €276k | €253k | ▼ 8.3% |
| Stocks and contracts in progress3 | €177k | €221k | €237k | €240k | €222k | ▼ 7.3% |
| Stocks30/36 | €177k | €221k | €237k | €240k | €222k | ▼ 7.3% |
| Amounts receivable within one year40/41 | €9k | €23k | €44k | €47k | €40k | ▼ 15.0% |
| Trade receivables40 | €9k | €23k | €43k | €43k | €39k | ▼ 8.5% |
| Other amounts receivable41 | - | - | €675 | €4k | €661 | ▼ 83.8% |
| Cash at bank and in hand54/58 | €68k | €87k | €142k | €130k | €224k | ▲ 71.9% |
| Deferred charges and accrued income490/1 | €1k | €3k | €3k | €3k | €3k | ▲ 4.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €799k | €802k | €891k | €871k | €896k | ▲ 2.8% |
| Equity10/15 | €296k | €346k | €437k | €479k | €520k | ▲ 8.6% |
| Contributions10/11 | €5k | €5k | €5k | €5k | €5k | = |
| Reserves13 | €291k | €341k | €432k | €474k | €515k | ▲ 8.7% |
| Non-distributable reserves130/1 | €0 | - | - | - | - | - |
| Reserves not available under the articles1311 | €0 | - | - | - | - | - |
| Distributable reserves133 | €291k | €341k | €432k | €474k | €515k | ▲ 8.7% |
| Profit (loss) carried forward14 | €0 | €0 | €0 | €0 | €0 | - |
| Amounts payable17/49 | €504k | €456k | €454k | €392k | €376k | ▼ 4.3% |
| Amounts payable after more than one year17 | €394k | €358k | €326k | €297k | €268k | ▼ 9.9% |
| Financial debts170/4 | €394k | €358k | €326k | €297k | €268k | ▼ 9.9% |
| Amounts payable within one year42/48 | €109k | €97k | €128k | €95k | €108k | ▲ 13.2% |
| Current portion of amounts payable after more than one year42 | €34k | €35k | €32k | €29k | €29k | ▲ 1.3% |
| Financial debts43 | €8k | €8k | €5k | €0 | - | - |
| Credit institutions430/8 | €8k | €8k | €5k | €0 | - | - |
| Trade debts44 | €12k | €26k | €33k | €27k | €45k | ▲ 63.8% |
| Suppliers440/4 | €12k | €26k | €33k | €27k | €45k | ▲ 63.8% |
| Taxes, remuneration and social security45 | €46k | €23k | €56k | €31k | €29k | ▼ 5.2% |
| Taxes450/3 | €46k | €20k | €49k | €26k | €24k | ▼ 8.6% |
| Remuneration and social security454/9 | €0 | €4k | €7k | €5k | €6k | ▲ 12.6% |
| Other amounts payable47/48 | €9k | €4k | €2k | €7k | €4k | ▼ 50.0% |
| Accrued charges and deferred income492/3 | €960 | €0 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €230k | €52k | €92k | €52k | €61k | ▲ 16.5% |
| + Depreciation and write-downs630 | €10k | €22k | €21k | €22k | €22k | ▼ 0.7% |
| Operating cash flow (approximation) | €239k | €74k | €113k | €74k | €82k | ▲ 11.5% |
| Investment in fixed assets (approximation) | - | €-306 | €-18k | €-8k | €-306 | ▲ 96.3% |
| Change in cash | - | €18k | €56k | €-12k | €94k | ▲ 868% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
14-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Equity above €500kEq €520k ▲8.6%
8 profitable years in a row build equity to €520k.
06-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
28-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
11-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
07-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Highest result since 2018net €230k ▲365%
Operating result €345k, net result €230k, both a record.
30-09
Financial
Liquidity doublescurrent ratio 5.39
Current ratio from 2.46 to 5.39; short-term debt falls from €127k to €109k.
30-09
Financial
Equity above €200kEq €296k ▲97.5%
4 profitable years in a row build equity to €296k.
12-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Equity above €100kEq €108k ▲19.5%
2 profitable years in a row build equity to €108k.
Show earlier events
28-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
18-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 18 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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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Directors · office · real estate
Directors
5 acts for this company are 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, Lochristi · 1 establishment unit since 2008
Ground area
2,050 m²
Building footprint
465 m²
Volume, LiDAR
2,683 m³
Parcel 44472B2052/00T000, Flanders · tallest building 12.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DEBO-BIKES & DEBO-FIT
since 20082.174.897.277
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44472B2052/00T000 | Flanders | 2,050 m² | 1 · 465 m² | 12.4 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.
Recognitions · licences · registrations
Dual-learning approval
1 endedVerkoper (so)
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Of 207 companies in sector 46495 we hold annual accounts for 108. 81 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded21-11-2008
Fiscal year end30-09
Activities, NACEBEL 2025
46495Wholesale trade
47632Retail sale of bicycles
30920Manufacture of other transport equipment
46730Wholesale trade
47639Retail sale of other sporting goods
47830Retail sale of motorcycles and motorcycle parts and accessories
95290Repair and maintenance of other personal and household goods
Contact
Phone
093428062Lochristi
Scores and ratios are computed by Checked and are not a credit decision.