Checked.be
Active
BE 0431.591.206Private limited company
GEFICO
Terkamerenstraat 187 ·1150 Sint-Pieters-Woluwe, Belgium· 39 yrs active
Sector: Other tax advisory services
(69209)
Conclusion
GEFICO has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €86k and a net result of €71k. Equity is shrinking by ~11.7% per year across the filed fiscal years. Its solvency ranks better than 39% of 12464 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Based on the State Gazette, CBE and 5 annual accounts.
Key figures
| Equity | €86k |
| Net result | €71k |
| Better than sector | 39% |
| Active | 39 yrs |
Financial profile
77
/ 100
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
Health
69
Profitability
100
Solvency
57
Growth
58
Stability
100
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
Long-established
Founded in 1987, 39 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
69
/ 100
Healthy
Computed from 6 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€6k
estimate, not credit advice
Score history
74
2021
81
2022
69
2023
68
2024
69
2025
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 0.13 (< 1.0)
-10
Quick ratio
Quick ratio 0.13 (< 0.6)
-5
Leverage
Debt/equity 1.21 (< 2.0)
+3
Profitability
ROE 83% (≥ 10%)
+10
EBITDA margin
EBITDA-marge 54% (≥ 10%)
+8
Interest coverage
Interest coverage 21.0× (≥ 3×)
+8
Profit trend
Net profit up YoY
+5
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview
Annual accounts filed on 07-06-2026 with the NBB · fiscal year 2025 · micro schema
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
declining
Equity: declining trend of ~11.7%/year over 5 fiscal years, indicative, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2025 · NACE 69, Legal and accounting activities · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 45.3% | 56.7% | |
| Net result | €71k | €38k | |
| Equity | €86k | €91k | |
| Gross operating margin | €40k | €74k | |
| Total assets | €189k | €206k |
€66k
-
21-25
€36k
-51.8%
21-25
€71k
+83.6%
21-25
€98k
+36.4%
21-25
€189k
-14.8%
21-25
€86k
-33.4%
21-25
€-90k
-280.3%
21-25
€15k
+3062.0%
21-25
€103k
+54.8%
21-25
€103k
+138.2%
21-25
€23k
-62.7%
21-25
0.13
-71.1%
21-25
0.13
-71.1%
21-25
45.3%
-21.8%
21-25
1.21
+132.3%
21-25
82.9%
+175.5%
21-25
37.5%
+115.5%
21-25
107.3%
-
21-25
54.4%
-
21-25
21.00
-30.9%
21-25
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | micro schema | micro schema | full schema | micro schema | micro schema |
| Revenue | €66k | - | - | - | - |
| EBITDA | €36k | €74k | €39k | €37k | €43k |
| Net profit | €71k | €39k | €531 | €325 | €8k |
| Cash flow | €98k | €72k | €35k | €33k | €40k |
| Staff costs | - | - | - | - | - |
| Income taxes | €15k | €474 | €434 | €-574 | €2k |
| Dividends | - | - | - | - | - |
| Total assets | €189k | €222k | €267k | €313k | €361k |
| Equity | €86k | €128k | €166k | €166k | €166k |
| Debt | €103k | €67k | €101k | €147k | €195k |
| of which ≤ 1y | €103k | €43k | €38k | €46k | €53k |
| of which > 1y | - | €23k | €63k | €101k | €139k |
| Working capital | €-90k | €-24k | €-3k | €8k | €17k |
| Employees (FTE) | - | - | - | - | - |
Note: these years are not on the same basis. The filed schemas differ (micro schema, full schema), so the columns are not directly comparable.
Ratios (computed)
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 0.13 | 0.46 | 0.91 | 1.17 | 1.31 |
| Quick ratio | 0.13 | 0.46 | 0.91 | 1.17 | 1.31 |
| Working capital ratio | -47.5% | -10.6% | -1.2% | 2.4% | 4.6% |
| Solvency | 45.3% | 57.9% | 62.2% | 53.0% | 45.9% |
| Debt / equity | 1.21 | 0.52 | 0.61 | 0.89 | 1.18 |
| Long-term debt ratio | - | 0.18 | 0.38 | 0.61 | 0.84 |
| Interest coverage | 21.00 | 30.38 | 11.49 | 8.56 | 148.97 |
| Gross margin | 61.3% | - | - | - | - |
| Net margin | 107.3% | - | - | - | - |
| ROA | 37.5% | 17.4% | 0.2% | 0.1% | 2.2% |
| ROE | 82.9% | 30.1% | 0.3% | 0.2% | 4.7% |
| EBITDA margin | 54.4% | - | - | - | - |
| Days sales outstanding | 33d | - | - | - | - |
| Days payable outstanding | 20d | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Balance-sheet composition 2025
Full annual accounts (25 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €189k | €222k | €267k | €313k | €361k |
| Fixed assets | 21/28 | €175k | €202k | €232k | €259k | €291k |
| Tangible fixed assets | 22/27 | €175k | €202k | €232k | €259k | €291k |
| Financial fixed assets | 28 | - | €0 | €96 | €96 | €96 |
| Current assets | 29/58 | €14k | €20k | €35k | €54k | €70k |
| Amounts receivable within one year | 40/41 | €6k | €5k | €12k | €7k | €11k |
| Cash & bank | 54/58 | €5k | €15k | €23k | €47k | €55k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €189k | €222k | €267k | €313k | €361k |
| Equity | 10/15 | €86k | €128k | €166k | €166k | €166k |
| Contributions / capital | 10/11 | - | €62k | €112k | €112k | €112k |
| Reserves | 13 | €71k | €123k | €71k | €71k | €71k |
| Accumulated profits (losses) | 14 | €14k | €-57k | €-17k | €-17k | €-18k |
| Provisions & deferred taxes | 16 | - | €27k | - | - | - |
| Amounts payable | 17/49 | €103k | €67k | €101k | €147k | €195k |
| Amounts payable after one year | 17 | - | €23k | €63k | €101k | €139k |
| Amounts payable within one year | 42/48 | €103k | €43k | €38k | €46k | €53k |
| Trade debts payable within one year | 44 | €1k | €3k | €737 | €4k | €10k |
| Income statement | ||||||
| Turnover | 70 | €66k | - | - | - | - |
| Gross operating margin | 9900 | €40k | €79k | €43k | €41k | €46k |
| Operating result | 9901 | €9k | €42k | €4k | €4k | €10k |
| Financial charges | 65 | €2k | €2k | €3k | €4k | €289 |
| Result before taxes | 9903 | €8k | €39k | €965 | €-249 | €10k |
| Income taxes | 67/77 | €15k | €474 | €434 | €-574 | €2k |
| Net result for the period | 9904 | €71k | €39k | €531 | €325 | €8k |
| Result to be appropriated | 9905 | €71k | €-40k | €531 | €325 | €8k |
Legal Structure
| NACE primary | Other tax advisory services(69209) |
| Legal form | Private limited company(610) |
| Incorporation | 28-07-1987 |
| Status | Active |
| Postal code | 1150 |
Establishment units
LA GESTION FINANC.FISC.ET COMP
since 19872.029.744.202
Real-estate footprint
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21019A0118/00X006 | Brussels | 2,827 m² | 1 · 339 m² | 17.0 m · 5 fl. |
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.
Updates
Next filing, fiscal year 2026, expected by
2026
07-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2021net €71k ▲83.6%
Net result €71k, the highest in the series.
11-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
14-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
07-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €325 ▼95.8%
Net result drops to €325, the lowest in the series; recovery starts the following year.
08-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
07-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
07-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
09-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
06-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
03-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Belgian State Gazette reading coverage
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Credit advice
Company registry (CBE)
Activities
Legal and accounting activities69202Other tax advisory services6920974121
Names & trade names
| Legal nameFR | GEFICO |
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