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GEHACO

Active
Private limited companyfounded 2011active for 15 yearsLipseinde 23, 2330 Merksplas, BelgiumKBO/BCE: BE 0835.826.927
Summary

GEHACO has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €103,200 and a net result of €43,843. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 18% of 34,954 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

Source: KBO
Status
Active since 26-04-2011 Normal situation
Activity
Site preparation NACE 43120
Joint committees
124 Paritair Comité voor het bouwbedrijf
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2022
Establishment unit
2.199.268.924 2381 Ravels, since 26-04-2011
Financial year end
31 December
Peppol
Reachable since 23-09-2025

Board and ownership

Board

Financial position

89 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Gross margin
€142,668
▲ 122%
Turnover
≈ €470,000
estimated
Profit
€43,843
Equity
€103,200
▲ 73.9%
Total assets
€660,068
▼ 7.6%
Score breakdownraises riskSector: Specialised construction activities (NACE 43)Equity €103,200 (15.6% of total assets)lowers riskSize: total assets €660,068Figures for financial year 2025 (filed on 15-06-2026)Show the evidence

Checked score

Score 2025
89 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 53% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Average
Solvency 41+8
equity 15.6% of total assets
Liquidity 57+9
short-term debt 16.3% · cash 8.6%
Profitability 77+34
return on assets 6.6%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,674 companies, NACE 43, micro)
Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.3%▲ +0.1 percentage points vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.4%▲ +0.1 percentage points vs 06-2025 08-2025: 0.5%▲ +0.1 percentage points vs 07-2025 09-2025: 0.5%● unchanged vs 08-2025 10-2025: 0.5%● unchanged vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.5%● unchanged vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026highest value 07-2026: 0.2%▼ -0.3 percentage points vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026lowest value 09-2026: 0.2%● unchanged vs 08-2026lowest value 10-2026: 0.2%● unchanged vs 09-2026lowest value 11-2026: 0.2%● unchanged vs 10-2026lowest value
Credit of up to €9,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.91 (0.65 in 2024), below 1. Short-term debt is 16.3% and cash 8.6% of total assets. 84.4% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 18% of them on solvency, 53% on liquidity, 53% on profitability and 88% on growth.

The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Seven signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €660,068
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Figures for financial year 2025 (filed on 15-06-2026)
NBB · annual accounts
raises risk · Equity €103,200 (15.6% of total assets)
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 34954 sector peers (2025).
NBB · sector comparison
Position among 34954 sector peers
Solvency
better than 18%
← weakest strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €103,200
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 15-06-2026, 46 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
46 days early
2024
13 days early
2023
20 days early
2022
3 days early
2021
9 days early
2020
5 days early
2019
2 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 14 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 18 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Back in profit in 2025after a loss of €26,502 in 2024 €43,843 View
  • Caution: Lower solvency than 81% of companies in specialised constructionsector median 46.7% · 34,954 companies 15.6% View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View

Recent changes

  1. · Gazette deed Changes of role: LEIRS,Gert (director) and LAMBREGTS,Hans Jozef Appolonia (director)
  2. · Gazette deed Incorporation
All 18 events

Comparable companies

These companies have the same main activity as GEHACO: site preparation (NACE 43120). They are comparable in size and age: total assets between €552,000 and €679,000, founded between 2010 and 2013.

CompanyTotal assetsGross margin
GEHACO Merksplas€660,068€142,668
Grond- en tuinwerken Lauwers Duffel€647,330€159,164
Wytinck Hans Evergem€679,499€141,866
BOONEN Chris Pelt€623,948€161,566
DE BAERE Geert Aalter€589,424€127,945
VEDAT Lokeren€551,674€139,018
JOERI VERYSER Oostende€662,345€159,854
Full comparison

Key facts about GEHACO

What is the company number of GEHACO?
The company number of GEHACO is 0835.826.927. The VAT number is the same number with BE in front: BE 0835.826.927.
Where is GEHACO based?
The registered office is at Lipseinde 23, 2330 Merksplas.Company details
What does GEHACO do?
According to the KBO register, the main activity is site preparation (NACE 43120).
What is the legal form of GEHACO?
The legal form of GEHACO is Private limited company (BV).
When was GEHACO founded?
GEHACO was founded on 26-04-2011.
Is GEHACO still active?
Yes, GEHACO is an active enterprise in the KBO register.
How many employees does GEHACO have?
GEHACO had an average of 0.1 full-time equivalents in financial year 2020, according to the filed annual accounts.Financials
Which joint committee does GEHACO fall under?
In its 2022 annual accounts, GEHACO states joint committees 124 (Paritair Comité voor het bouwbedrijf) and 200 (Aanvullend Paritair Comité voor de bedienden).
What is the turnover of GEHACO?
The turnover in financial year 2025 is ≈ €470,000. This figure is estimated from the gross margin of €142,668 and 235 comparable companies (NACE 43). It probably lies between €360,000 and €660,000.
Is GEHACO profitable?
In financial year 2025, GEHACO made a profit of €43,843.
Where can I find the annual accounts of GEHACO?
GEHACO filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of GEHACO due?
GEHACO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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