GEFISCOM
ActiveSummary
The annual accounts of GEFISCOM for fiscal year 2024 show a net loss of 69% of the equity at the start of that year. The 2024 annual accounts show equity of €3,435 and a net result of -€7,708. Equity is shrinking by ~18.4% per year across the filed fiscal years. Its solvency ranks better than 10% of 20786 sector peers (fiscal year 2024). The company has been active since 1982 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability52▼-14
Solvency31▼-10
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 62.17 against 5.84 in 2023; short-term debt: 0.6% and cash: 13.5% of total assets), but 94.1% of the assets are financed with debt.
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
5.9%
Return on assets
-13.3%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year -€7,708
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 20786 sector peers (2024).
NBB · sector comparisonPosition among 20786 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
28 d late
2023
22 d early
2022
56 d early
2021
29 d late
2020
9 d early
2019
25 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 1 day before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
In the rankings
#3 oldest company in Oudergem, Telecoms and IT sector
Equity
€3,435▼ 69.2%
2023 · €11,143
Total assets
€57,799▼ 17.7%
2023 · €70,204
Net result
-€7,708▼ 505%
2023 · -€1,274
Working capital
€22,266▲ 6.6%
2023 · €20,878
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€6,245▼ 123%€217€2,224▲ 924%-€819-€7,165▼ 774%
Net result-€8,766below the sector's middle half▼ 81.6%-€1,860below the sector's middle half▲ 78.8%€1,703below the sector's middle half-€1,274below the sector's middle half-€7,708below the sector's middle half▼ 505%
Equity€12,575below the sector's middle half▼ 41.1%€10,714below the sector's middle half▼ 14.8%€12,417below the sector's middle half▲ 15.9%€11,143below the sector's middle half▼ 10.3%€3,435below the sector's middle half▼ 69.2%
Total assets€56,696below the sector's middle half▼ 21.2%€25,654below the sector's middle half▼ 54.8%€16,934below the sector's middle half▼ 34.0%€70,204within the sector's middle half▲ 315%€57,799below the sector's middle half▼ 17.7%
Debt€44,122▼ 12.9%€14,940▼ 66.1%€4,517▼ 69.8%€59,060▲ 1,207%€54,364▼ 8.0%
Working capital€40,575within the sector's middle half▼ 17.8%€23,714within the sector's middle half▼ 41.6%€15,289within the sector's middle half▼ 35.5%€20,878within the sector's middle half▲ 36.6%€22,266within the sector's middle half▲ 6.6%
Solvency22.2%below the sector's middle half▼ 7.5pp41.8%within the sector's middle half▲ 19.6pp73.3%within the sector's middle half▲ 31.6pp15.9%below the sector's middle half▼ 57.5pp5.9%below the sector's middle half▼ 9.9pp
Current ratio3.52within the sector's middle half▲ 0.3413.22above the sector's middle half▲ 9.7130.57above the sector's middle half▲ 17.355.84above the sector's middle half▼ 24.7362.17above the sector's middle half▲ 56.33
Return on assets (ROA)-15.5%below the sector's middle half▼ 8.8pp-7.3%below the sector's middle half▲ 8.2pp10.1%within the sector's middle half▲ 17.3pp-1.8%below the sector's middle half▼ 11.9pp-13.3%below the sector's middle half▼ 11.5pp
above
within
below
the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €7,165 in 2024 against €819 in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €57,799
Fixed assets
€35,169 ▼ 21.9%
Current assets
€22,630 ▼ 10.2%
Equity and liabilities €57,799
Equity
€3,435 ▼ 69.2%
Debt
€54,364 ▼ 8.0%
Debt's share of the balance-sheet total rises from 84.1% to 94.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€5,215▼
2023 · €10,855
Cash flow
€4,672▼
2023 · €10,401
Debt to equity
15.83▲
2023 · 5.30
ROE
-224.4%▼
2023 · -11.4%
Interest coverage
25.07▼
2023 · 309.18
Debt ≤ 1 year
€364▼
2023 · €4,318
Debt > 1 year
€54,000=
2023 · €54,000
Income taxes
€335▼
2023 · €419
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 541 companies that looked in July 2024 the way this one looks now, 4.4% went bankrupt within 24 months and 86% are still going.
- Micro
- 20 years or older
- solvency under 10%
- a loss of 10% of the balance sheet or more
4.4%
went bankrupt
8.5%
stopped otherwise
86%
still going
A further 1.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 541 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.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €564 | €11,675 | €12,381 | ▲ 6.0% |
| Other operating charges640/8 | - | €348 | €348 | €384 | €387 | ▲ 0.8% |
| Gross operating margin9900 | -€5,897 | €565 | €3,135 | €11,240 | €5,603 | ▼ 50.2% |
| Operating profit (loss)9901 | -€6,245 | €217 | €2,224 | -€819 | -€7,165 | ▼ 774% |
| Financial income75/76B | - | €157 | - | €0 | - | - |
| Recurring financial income75 | €121 | €157 | - | €0 | - | - |
| Financial charges65/66B | - | €1,860 | €127 | €35 | €208 | ▲ 492% |
| Recurring financial charges65 | €2,476 | €1,860 | €127 | €35 | €208 | ▲ 492% |
| Profit (loss) for the period before taxes9903 | -€8,600 | -€1,486 | €2,097 | -€855 | -€7,373 | ▼ 763% |
| Income taxes67/77 | €166 | €374 | €394 | €419 | €335 | ▼ 20.1% |
| Profit (loss) for the period9904 | -€8,766 | -€1,860 | €1,703 | -€1,274 | -€7,708 | ▼ 505% |
| Profit (loss) for the period to be appropriated9905 | -€8,766 | -€1,860 | €1,703 | -€1,274 | -€7,708 | ▼ 505% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €56,696 | €25,654 | €16,934 | €70,204 | €57,799 | ▼ 17.7% |
| Fixed assets21/28 | - | - | €1,128 | €45,008 | €35,169 | ▼ 21.9% |
| Tangible fixed assets22/27 | - | - | €1,128 | €45,008 | €35,169 | ▼ 21.9% |
| Plant, machinery and equipment23 | - | - | €1,128 | €1,854 | €2,240 | ▲ 20.8% |
| Furniture and vehicles24 | - | - | - | €43,153 | €32,929 | ▼ 23.7% |
| Current assets29/58 | €56,696 | €25,654 | €15,806 | €25,196 | €22,630 | ▼ 10.2% |
| Amounts receivable within one year40/41 | €50,648 | €16,720 | €13,015 | €24,465 | €14,839 | ▼ 39.3% |
| Trade receivables40 | - | €15,083 | €10,954 | €16,850 | €14,468 | ▼ 14.1% |
| Other amounts receivable41 | - | €1,637 | €2,061 | €7,615 | €371 | ▼ 95.1% |
| Cash at bank and in hand54/58 | €4,709 | €8,934 | €2,791 | €83 | €7,792 | ▲ 9,246% |
| Deferred charges and accrued income490/1 | - | - | - | €647 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €56,696 | €25,654 | €16,934 | €70,204 | €57,799 | ▼ 17.7% |
| Equity10/15 | €12,575 | €10,714 | €12,417 | €11,143 | €3,435 | ▼ 69.2% |
| Contributions10/11 | €20,823 | €20,823 | €20,823 | €20,823 | €20,823 | = |
| Reserves13 | €14,314 | €14,314 | €14,314 | €14,314 | €14,314 | = |
| Non-distributable reserves130/1 | - | €2,082 | €2,082 | €2,082 | €2,082 | = |
| Reserves not available under the articles1311 | - | €2,082 | €2,082 | €2,082 | €2,082 | = |
| Distributable reserves133 | - | €12,231 | €12,231 | €12,231 | €12,231 | = |
| Profit (loss) carried forward14 | -€22,562 | -€24,423 | -€22,720 | -€23,994 | -€31,702 | ▼ 32.1% |
| Amounts payable17/49 | €44,122 | €14,940 | €4,517 | €59,060 | €54,364 | ▼ 8.0% |
| Amounts payable after more than one year17 | €28,000 | €13,000 | €4,000 | €54,000 | €54,000 | = |
| Other amounts payable178/9 | - | €13,000 | €4,000 | €54,000 | €54,000 | = |
| Amounts payable within one year42/48 | €16,122 | €1,940 | €517 | €4,318 | €364 | ▼ 91.6% |
| Trade debts44 | €426 | €1,436 | €123 | - | €57 | - |
| Suppliers440/4 | - | €1,436 | €123 | - | €57 | - |
| Taxes, remuneration and social security45 | - | €504 | €394 | - | - | - |
| Taxes450/3 | - | €504 | €394 | - | - | - |
| Other amounts payable47/48 | - | - | - | €4,318 | €307 | ▼ 92.9% |
| Accrued charges and deferred income492/3 | - | - | - | €743 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€8,766 | -€1,860 | €1,703 | -€1,274 | -€7,708 | ▼ 505% |
| + Depreciation and write-downs630 | - | - | €564 | €11,675 | €12,381 | ▲ 6.0% |
| Operating cash flow (approximation) | -€8,766 | -€1,860 | €2,267 | €10,401 | €4,672 | ▼ 55.1% |
| Investment in fixed assets (approximation) | - | - | - | -€55,555 | -€2,541 | ▲ 95.4% |
| Change in cash | - | €4,225 | -€6,143 | -€2,708 | €7,708 | ▲ 385% |
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
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Liquidity times 11current ratio 62.17
Current ratio from 5.84 to 62.17; short-term debt falls from €4,318 to €364.
09-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
05-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €1,703
Net result €1,703 after 4 loss-making years.
31-12
Financial
Liquidity doublescurrent ratio 30.57
Current ratio from 13.22 to 30.57; short-term debt falls from €1,940 to €517.
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
31-12
Financial
Liquidity quadruplescurrent ratio 13.22
Current ratio from 3.52 to 13.22; short-term debt falls from €16,122 to €1,940.
22-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet -€8,766
Net result drops to -€8,766, the lowest in the series; recovery starts the following year.
25-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 25 days late
2019
16-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 16 days late
Show earlier events
2018
27-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
16-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
31-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Oudergem · 1 establishment unit since 1982
Ground area
301 m²
Building footprint
86 m²
Volume, LiDAR
707 m³
Parcel 21332E0018/00B024, Brussels · tallest building 11.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
René Stevenslaan 137, 1160 Oudergem
since 19822.021.670.139
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21332E0018/00B024 | Brussels | 301 m² | 1 · 86 m² | 11.4 m · 3 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.
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Of 30,007 companies in sector 62200 we hold annual accounts for 18,400. 4,688 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
Founded09-12-1982
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
47400Retail sale of information and communication equipment
47742Retail sale of prescription glasses, lenses and sunglasses
62900Other information technology and computer services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0423224955
Registered
19-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.