GEFEAK
InactiveInactive since 18-08-2026; last annual accounts for fiscal year 2025. Dissolved without liquidation on 30-06-2026.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 8001 sector peers (2025).
NBB · sector comparisonPosition among 8001 sector peers
Solvency
better than 21%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-06-2026, 51 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
51 d early
2024
34 d early
2023
41 d early
2022
21 d early
2021
31 d early
2020
36 d early
2019
18 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2025, abbreviated schema
Equity
€81k▲ 0.9%
2024 · €80k
2018: €131k
2019: €139k
2020: €128k
2021: €125k
2022: €125k
2023: €116k
2024: €80k
2018 → 2025
Total assets
€538k▼ 1.2%
2024 · €545k
2018: €695k
2019: €550k
2020: €552k
2021: €550k
2022: €546k
2023: €833k
2024: €545k
2018 → 2025
Net result
€-2k▼ 360%
2024 · €-385
2018: €-23k
2019: €13k
2020: €-11k
2021: €-3k
2022: €205
2023: €-1k
2024: €-385
2018 → 2025
Working capital
€77k▲ 1.7%
2024 · €76k
2018: €132k
2019: €136k
2020: €125k
2021: €121k
2022: €120k
2023: €132k
2024: €76k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€125k-€125k▲ 0.2%€116k▼ 7.2%€80k▼ 31.1%€81k▲ 0.9%
Operating result€3k-€7k▲ 107%€1k▼ 79.1%€2k▲ 44.1%€271▼ 87.4%
Net result€-3k-€205€-1k€-385▲ 74.2%€-2k▼ 360%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 87% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €538k
Fixed assets
€4k ▼ 12.4%
Current assets
€534k ▼ 1.1%
Equity and liabilities €538k
Equity
€81k ▲ 0.9%
Debt
€457k ▼ 1.6%
Debt's share of the balance-sheet total falls from 85.3% to 85.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€793▼
2024 · €3k
Cash flow
€-1k▼
2024 · €300
Current ratio
1.17▲
2024 · 1.16
Quick ratio
1.12▼
2024 · 1.14
Debt to equity
5.67▼
2024 · 5.82
ROE
-2.2%▼
2024 · -0.5%
ROA
-0.3%▼
2024 · -0.1%
Interest coverage
2.32▼
2024 · 7.35
Debt ≤ 1 year
€457k▼
2024 · €465k
Income taxes
€2k▼
2024 · €3k
Staff costs
€178k▲
2024 · €173k
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 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€545k€538k▼
Fixed assets21/28€4k€4k▼
Tangible fixed assets22/27€1k€898▼
Plant, machinery and equipment23€1k€898▼
Furniture and vehicles24€145-
Financial fixed assets28€3k€3k=
Current assets29/58€540k€534k▼
Stocks and contracts in progress3€13k€21k▲
Stocks30/36€13k€21k▲
Amounts receivable within one year40/41€377k€370k▼
Trade receivables40€243k€237k▼
Other amounts receivable41€134k€133k▼
Cash at bank and in hand54/58€97k€94k▼
Deferred charges and accrued income490/1€54k€50k▼
Equity and liabilities
Total equity and liabilities10/49€545k€538k▼
Equity10/15€80k€81k▲
Contributions10/11€30k€32k▲
Profit (loss) carried forward14€50k€48k▼
Amounts payable17/49€465k€457k▼
Amounts payable within one year42/48€465k€457k▼
Financial debts43€7k€494▼
Credit institutions430/8€7k€494▼
Trade debts44€402k€437k▲
Suppliers440/4€402k€437k▲
Taxes, remuneration and social security45€20k€20k▼
Taxes450/3€692-
Remuneration and social security454/9€19k€20k▲
Other amounts payable47/48€36k-
Income statement
Code20242025
Remuneration, social security and pensions62€173k€178k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€684€522▼
Other operating charges640/8€2k€2k▼
Gross operating margin9900€178k€181k▲
Operating profit (loss)9901€2k€271▼
Financial income75/76B€1k€331▼
Recurring financial income75€1k€331▼
Financial charges65/66B€385€342▼
Recurring financial charges65€385€342▼
Profit (loss) for the period before taxes9903€3k€260▼
Income taxes67/77€3k€2k▼
Profit (loss) for the period9904€-385€-2k▼
Profit (loss) for the period to be appropriated9905€-385€-2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€84k€48k▼
Profit (loss) brought forward from the previous period14P€84k€50k▼
Transfer from equity791/2€2k-
Profit to be distributed694/7€36k-
Return on contributions (dividend)694€36k-
Social balance
Average headcount (FTE)90871.81.8=
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-08
State Gazette act
Restructuring · End & cessationResignation: GEFEAK (director) · Appointments: VANDEN BERGHE GEBROEDERS, DROOGMANS BOUW and 5 others · Permanent representatives: Vanden Berghe, Tom André, Dendas, Siem and 5 others29 facts ▸
State Gazette act
Restructuring · End & cessation
Resignation: GEFEAK (director) · Appointments: VANDEN BERGHE GEBROEDERS, DROOGMANS BOUW and 5 others · Permanent representatives: Vanden Berghe, Tom André, Dendas, Siem and 5 others29 facts ▸
- General meeting, 30-06-2026
- Approval, jaarrekening van de overgenomen vennootschap
- Director discharge, ADIMAT
- Share issue, 36 nieuwe aandelen van de vennootschap ADIMAT BV, zonder vermelding van een nominale waarde
- Merger, absorption, ontbinding zonder vereffening
- Accounting effect, 01-01-2026
- Dissolution, 30-06-2026
- Share transfer, GEFEAK → ADIMAT
- Name change, Adimat + Gefeak
- Capital
- Director resignation, GEFEAK
- Director appointment, VANDEN BERGHE GEBROEDERS (non-statutory director)
- +17 further facts in this act
10-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
20-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €205
Net result €205 after 2 loss-making years.
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
13-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
under verification, no change since 2026
This board is reconstructed from a single act (26108875). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
Bouwmaterialen De Groote - Houtboerke
CurrentNon-statutory director · since 30-06-2026 · Public limited company · perm. rep.: De Groote, Andreas Josephus Marie
BOUWMATERIALEN JORISSEN
CurrentNon-statutory director · since 30-06-2026 · Public limited company · perm. rep.: Jorissen, John Jozef Eugene
Bouwmaterialen Schelfhout
CurrentNon-statutory director · since 30-06-2026 · Private limited company · perm. rep.: Van Damme, Stephane Frans Marie-Rose
BUYSSE BOUWMATERIALEN
CurrentNon-statutory director · since 30-06-2026 · Private limited company · perm. rep.: Buysse, Hendrik Oscar Céline Marie
DROOGMANS BOUW
CurrentNon-statutory director · since 30-06-2026 · Public limited company · perm. rep.: Dendas, Siem
OTTEVAERE BOUWMATERIALEN
CurrentNon-statutory director · since 30-06-2026 · Public limited company · perm. rep.: Ottevaere, Stefaan Michel Leon Gerard
1 other director
Vanden Berghe Gebroeders
CurrentNon-statutory director · since 30-06-2026 · Public limited company · perm. rep.: Vanden Berghe, Tom André
30-06-2026
Bouwmaterialen De Groote - Houtboerke: Appointed as Non-statutory director
30-06-2026
BOUWMATERIALEN JORISSEN: Appointed as Non-statutory director
30-06-2026
Bouwmaterialen Schelfhout: Appointed as Non-statutory director
30-06-2026
BUYSSE BOUWMATERIALEN: Appointed as Non-statutory director
30-06-2026
DROOGMANS BOUW: Appointed as Non-statutory director
Location & real-estate footprint
Registered office, Sint-Niklaas
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.
Industriepark-West 759100 Sint-NiklaasGround area
581 m²
Parcel 46445D1776/00R000, Flanders. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46445D1776/00R000 | Flanders | 581 m² | - | - |
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.
Structure & network
Connections & network
1 connected companyLinked via shared directors
Shared corporate director
→
Acquisitions and mergers
1 transactionTaken over by:ADIMAT
Public money · subsidies and aid
Flemish government
2023 to 2024 · 2 entries · 1,005 EUR awarded · 1,005 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 0 EUR | 1,005 EUR |
| 2023 | 1 | 1,005 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 1,137 companies in sector 46130 we hold annual accounts for 646. 512 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formCooperative company
Founded12-09-1996
Fiscal year end31-12
Activities, NACEBEL 2025
46130Agents in the wholesale of timber and building materials
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.