GEFICA
ActiveGEFICA has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.70M and a net result of €46k. Equity is shrinking by ~2.8% per year across the filed fiscal years. Its solvency ranks better than 93% of 7692 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
67
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability22▼-54
Solvency100=
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €110k at 30 days acceptable
Liquidity short (current ratio 0.61 against 1.32 in 2024; short-term debt: 7% and cash: 0.4% of total assets), and 12.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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
Sector 43
higher
← 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 dateAge against the risk zone
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
87.8%
Return on assets
2.4%
Age of the figures
9 mo
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
20 d early
2023
56 d early
2022
52 d early
2021
34 d early
2020
57 d early
2019
63 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.70M▼ 4.7%
2024 · €1.79M
2018: €2.02M
2019: €2.09M
2020: €2.14M
2021: €2.12M
2022: €2.07M
2023: €1.89M
2024: €1.79M
2018 → 2025
Total assets
€1.94M▼ 5.1%
2024 · €2.05M
2018: €2.28M
2019: €2.34M
2020: €2.40M
2021: €2.14M
2022: €2.28M
2023: €2.18M
2024: €2.05M
2018 → 2025
Net result
€46k▼ 62.0%
2024 · €122k
2018: €100k
2019: €77k
2020: €43k
2021: €-13k
2022: €122k
2023: €72k
2024: €122k
2018 → 2025
Working capital
€-53k
2024 · €32k
2018: €111k
2019: €230k
2020: €314k
2021: €359k
2022: €174k
2023: €133k
2024: €32k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2.12M-€2.07M▼ 2.5%€1.89M▼ 8.6%€1.79M▼ 5.5%€1.70M▼ 4.7%
Operating result€-9k-€47k€9k▼ 81.2%€36k▲ 303%€-94k
Net result€-13k-€122k€72k▼ 41.1%€122k▲ 69.3%€46k▼ 62.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €94k after €36k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.94M
Fixed assets
€1.86M▼ 3.1%
Current assets
€83k▼ 35.9%
Equity and liabilities €1.94M
Equity
€1.70M▼ 4.7%
Debt
€237k▼ 8.3%
The debt ratio falls from 12.6% to 12.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-35k▼
2024 · €95k
Cash flow
€105k▼
2024 · €180k
Solvency
87.8%▲
2024 · 87.4%
Current ratio
0.61▼
2024 · 1.32
Quick ratio
0.61▼
2024 · 1.32
Debt / equity
0.14▼
2024 · 0.14
ROE
2.7%▼
2024 · 6.8%
ROA
2.4%▼
2024 · 5.9%
Interest coverage
-3.66▼
2024 · 7.65
Debt
€237k▼
2024 · €258k
Debt ≤ 1 year
€136k▲
2024 · €98k
Debt > 1 year
€101k▼
2024 · €160k
Staff costs
€224k▲
2024 · €98k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€2.05M€1.94M▼
Fixed assets21/28€1.92M€1.86M▼
Tangible fixed assets22/27€231k€172k▼
Land and buildings22€53k€53k=
Plant, machinery and equipment23€178k€120k▼
Financial fixed assets28€1.69M€1.69M=
Current assets29/58€129k€83k▼
Amounts receivable within one year40/41€122k€72k▼
Trade receivables40€103k€59k▼
Other amounts receivable41€18k€13k▼
Cash at bank and in hand54/58€5k€7k▲
Deferred charges and accrued income490/1€2k€4k▲
Equity and liabilities
Total equity and liabilities10/49€2.05M€1.94M▼
Equity10/15€1.79M€1.70M▼
Contributions10/11€450k€450k=
Capital10€450k€450k=
Issued capital100€450k€450k=
Reserves13€1.22M€1.21M▼
Non-distributable reserves130/1€445k€445k=
Legal reserve130€45k€45k=
Other1319€400k€400k=
Tax-exempt reserves132€150k€150k=
Distributable reserves133€621k€613k▼
Profit (loss) carried forward14€122k€46k▼
Amounts payable17/49€258k€237k▼
Amounts payable after more than one year17€160k€101k▼
Financial debts170/4€160k€101k▼
Amounts payable within one year42/48€98k€136k▲
Current portion of amounts payable after more than one year42€57k€60k▲
Trade debts44€39k€10k▼
Suppliers440/4€39k€10k▼
Taxes, remuneration and social security45€2k€16k▲
Taxes450/3€2k€2k=
Remuneration and social security454/9-€14k
Other amounts payable47/48-€50k
Income statement
Code20242025
Remuneration, social security and pensions62€98k€224k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€59k€59k=
Other operating charges640/8€17k€17k▲
Gross operating margin9900€210k€206k▼
Operating profit (loss)9901€36k€-94k▼
Financial income75/76B€100k€150k▲
Recurring financial income75€100k€150k▲
Financial charges65/66B€12k€10k▼
Recurring financial charges65€12k€10k▼
Profit (loss) for the period before taxes9903€123k€46k▼
Income taxes67/77€2k-
Profit (loss) for the period9904€122k€46k▼
Profit (loss) for the period to be appropriated9905€122k€46k▼
Appropriation of the result
Profit (loss) to be appropriated9906€194k€168k▼
Profit (loss) brought forward from the previous period14P€72k€122k▲
Transfer from equity791/2€225k€130k▼
Transfer to equity691/2€72k€122k▲
To other reserves6921€72k€122k▲
Profit to be distributed694/7€225k€130k▼
Return on contributions (dividend)694€225k€130k▼
Social balance
Average headcount (FTE)90872.74.5▲
The notes to these accounts (8 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
10-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
11-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
05-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
09-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €122k
Net result €122k after one loss-making year.
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €-13k ▼130%
Net result drops to €-13k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 9current ratio 20.64
Current ratio from 2.19 to 20.64; short-term debt falls from €263k to €18k.
04-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
29-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
12-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
20-06
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.
Directors · office · real estate
Directors
11 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, Vorselaar · 1 establishment unit since 1983
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.
Sassenhout 612290 VorselaarGround area
1,803 m²
Building footprint
1,112 m²
Volume, LiDAR
7,747 m³
Parcel 13044F0155/00L000, Flanders · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GEFICA
since 19832.102.411.949
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13044F0155/00L000 | Flanders | 1,803 m² | 1 · 1,112 m² | 7.8 m · 2 fl. |
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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 673 EUR awarded · 673 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 673 EUR | 673 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
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Of 8,452 companies in sector 43120 we hold annual accounts for 3,231. 1,327 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded15-12-1983
Fiscal year end31-12
Activities, NACEBEL
42911Civil engineering
43120Site preparation
45112
Sources
Crossroads Bank for EnterprisesNational Bank · 42 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.