GEFOR
ActiveGEFOR has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.01M and a net result of €-23k. Equity remains stable across the filed fiscal years (±1.5% per year). Its solvency ranks better than 95% of 6967 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
70
/ 100
Healthy▼ -16 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-5
Solvency100=
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €210k at 30 days acceptable
Liquidity ample (current ratio 7.21), and 4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
96%
Return on assets
-0.7%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 09-12-2025, 53 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
53 d early
2024
53 d early
2023
65 d early
2022
26 d early
2021
52 d early
2020
45 d early
2019
64 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close15-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€3.01M▼ 0.8%
2024 · €3.03M
2019: €2.79M
2020: €2.81M
2021: €2.90M
2022: €2.92M
2023: €3.00M
2024: €3.03M
2019 → 2025
Total assets
€3.13M▲ 2.7%
2024 · €3.05M
2019: €2.81M
2020: €2.83M
2021: €3.02M
2022: €2.93M
2023: €3.03M
2024: €3.05M
2019 → 2025
Net result
€-23k
2024 · €30k
2019: €-206
2020: €17k
2021: €90k
2022: €21k
2023: €84k
2024: €30k
2019 → 2025
Working capital
€685k▼ 43.4%
2024 · €1.21M
2019: €858k
2020: €1.05M
2021: €617k
2022: €713k
2023: €987k
2024: €1.21M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2.90M-€2.92M▲ 0.7%€3.00M▲ 2.9%€3.03M▲ 1.0%€3.01M▼ 0.8%
Operating result€-4k-€18k€39k▲ 111%€18k▼ 52.6%€-43k
Net result€90k-€21k▼ 76.8%€84k▲ 304%€30k▼ 64.7%€-23k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €43k after €18k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.13M
Fixed assets
€2.34M▲ 27.5%
Current assets
€796k▼ 34.6%
Equity and liabilities €3.13M
Equity
€3.01M▼ 0.8%
Debt
€125k▲ 589%
The debt ratio rises from 0.6% to 4.0%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€147k▼
2024 · €209k
Cash flow
€168k▼
2024 · €220k
Solvency
96.0%▼
2024 · 99.4%
Current ratio
7.21
Quick ratio
7.21
Debt / equity
0.04▲
2024 · 0.01
ROE
-0.8%▼
2024 · 1.0%
ROA
-0.7%▼
2024 · 1.0%
Interest coverage
171.94▼
2024 · 395.91
Debt
€125k▲
2024 · €18k
Debt ≤ 1 year
€110k▲
2024 · €5k
Debt > 1 year
€5k▲
2024 · €2k
Income taxes
€270▼
2024 · €15k
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€3.05M€3.13M▲
Fixed assets21/28€1.83M€2.34M▲
Tangible fixed assets22/27€1.83M€2.34M▲
Land and buildings22€1.80M€1.61M▼
Plant, machinery and equipment23-€5k
Furniture and vehicles24€1k€569▼
Other tangible fixed assets26€33k€32k▼
Assets under construction and advance payments27-€689k
Financial fixed assets28€124€124=
Current assets29/58€1.22M€796k▼
Amounts receivable within one year40/41€21k€16k▼
Trade receivables40€21k€5k▼
Other amounts receivable41-€11k
Current investments50/53€1.05M€600k▼
Cash at bank and in hand54/58€136k€162k▲
Deferred charges and accrued income490/1€9k€17k▲
Equity and liabilities
Total equity and liabilities10/49€3.05M€3.13M▲
Equity10/15€3.03M€3.01M▼
Contributions10/11€699k€699k=
Reserves13€2.27M€2.27M=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€2.27M€2.27M=
Profit (loss) carried forward14€67k€44k▼
Amounts payable17/49€18k€125k▲
Amounts payable after more than one year17€2k€5k▲
Other amounts payable178/9€2k€5k▲
Amounts payable within one year42/48€5k€110k▲
Trade debts44€1k€109k▲
Suppliers440/4€1k€109k▲
Advances received on contracts in progress46€891€553▼
Taxes, remuneration and social security45€3k€329▼
Taxes450/3€3k€329▼
Accrued charges and deferred income492/3€11k€9k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€191k€191k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€14k
Other operating charges640/8€5k€1k▼
Gross operating margin9900€213k€163k▼
Operating profit (loss)9901€18k€-43k▼
Financial income75/76B€27k€22k▼
Recurring financial income75€27k€22k▼
Financial charges65/66B€528€857▲
Recurring financial charges65€528€857▲
Profit (loss) for the period before taxes9903€45k€-23k▼
Income taxes67/77€15k€270▼
Profit (loss) for the period9904€30k€-23k▼
Profit (loss) for the period to be appropriated9905€30k€-23k▼
Appropriation of the result
Profit (loss) to be appropriated9906€96k€44k▼
Profit (loss) brought forward from the previous period14P€67k€67k=
Transfer to equity691/2€30k€0▼
To other reserves6921€30k€0▼
The notes to these accounts (7 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
2025
09-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial
Weakest financial yearnet €-23k ▼177%
Net result drops to €-23k, the lowest in the series.
2024
09-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
30-06
Financial
Liquidity times 6current ratio 237.51
Current ratio from 42.72 to 237.51; short-term debt falls from €24k to €5k.
2023
27-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
05-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
10-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
30-06
Financial
Highest result since 2019net €90k ▲432%
Net result €90k, the highest in the series.
30-06
Financial
Liquidity times 5current ratio 326.99
Current ratio from 66.60 to 326.99; short-term debt falls from €16k to €2k.
2020
17-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
28-09
State Gazette act
General meeting · Director appointment
Permanent representative · Director resignation
28-09
State Gazette act
General meeting · Director appointment
Permanent representative · Director resignation
30-06
Financial
Back to profitnet €17k
Net result €17k after one loss-making year.
2019
28-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
20-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
19-07
State Gazette act
General meeting · Director appointment
Mandate compensation · Director reappointment
2017
21-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
12-12
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2015
10-03
State Gazette act
Capital increase · Share issue
Bank account · Capital
2006
29-05
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
06-04
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
2005
24-06
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
24-06
State Gazette act
General meeting · Director resignation
Director appointment · Director reappointment
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
10 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, Ukkel · 1 establishment unit since 1986
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.
Hagedoornlaan 961180 UkkelGround area
2,500 m²
Building footprint
223 m²
Volume, LiDAR
1,509 m³
Parcel 21614H0055/00T055, Brussels · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Hagedoornlaan 96, 1180 Ukkel
since 19862.083.794.283
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21614H0055/00T055 | Brussels | 2,500 m² | 1 · 223 m² | 8.9 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.
Structure & network
Ownership & control
3 partiesGEFORBE 0429.228.265
controls
Where this company holds controlthis company sits on their board3
3 subsidiaries · 1 location
1 location
1 location
Recognitions · licences · registrations
Legal Entity Identifier
87550072R3UIRFYYBD57
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Of 2,704 companies in sector 73200 we hold annual accounts for 1,774. 701 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-06-1986
Fiscal year end30-06
Activities, NACEBEL
73200Market research and public opinion polling
74131
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
74141
Sources
Crossroads Bank for EnterprisesNational Bank · 39 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.