GEKA
ActiveSummary
GEKA has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €394,678 and a net result of -€26,110. Equity is growing by ~25.6% per year across the filed fiscal years. Its solvency ranks better than 49% of 10552 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability16▼-45
Solvency61=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21,000 at 30 days acceptable
Liquidity tight (current ratio 1.27 against 1.64 in 2024; short-term debt: 35.5% and cash: 8.9% of total assets), and 63.9% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Three 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
92 d late
2023
20 d late
2022
27 d early
2021
31 d late
2020
107 d late
2019
67 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 41 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 21 August (4 of the last 5 filed years within 48 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€394,678▼ 6.2%
2024 · €420,788
Total assets
€1.1m▼ 6.8%
2024 · €1.2m
Net result
-€26,110
2024 · €104,066
Working capital
€104,247▼ 54.4%
2024 · €228,524
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€75,555▲ 372%€66,565▼ 11.9%€67,067▲ 0.8%€100,638▲ 50.1%-€85,607
Net result€32,232within the sector's middle half€75,950within the sector's middle half▲ 136%€109,475within the sector's middle half▲ 44.1%€104,066within the sector's middle half▼ 4.9%-€26,110below the sector's middle half
Equity€131,297within the sector's middle half▲ 32.5%€207,246within the sector's middle half▲ 57.8%€316,722within the sector's middle half▲ 52.8%€420,788within the sector's middle half▲ 32.9%€394,678within the sector's middle half▼ 6.2%
Total assets€1.0mwithin the sector's middle half▼ 11.1%€1.3mwithin the sector's middle half▲ 24.7%€1.0mwithin the sector's middle half▼ 18.3%€1.2mwithin the sector's middle half▲ 14.5%€1.1mwithin the sector's middle half▼ 6.8%
Debt€873,031▼ 15.3%€1.0m▲ 19.7%€706,703▼ 32.4%€751,498▲ 6.3%€697,811▼ 7.1%
Working capital€38,347within the sector's middle half▲ 42.7%€91,041within the sector's middle half▲ 137%€196,870within the sector's middle half▲ 116%€228,524within the sector's middle half▲ 16.1%€104,247within the sector's middle half▼ 54.4%
Solvency13.1%below the sector's middle half▲ 4.3pp16.6%below the sector's middle half▲ 3.5pp30.9%within the sector's middle half▲ 14.4pp35.9%within the sector's middle half▲ 4.9pp36.1%within the sector's middle half▲ 0.2pp
Current ratio1.11within the sector's middle half▲ 0.051.16within the sector's middle half▲ 0.051.72within the sector's middle half▲ 0.561.64within the sector's middle half▼ 0.081.27within the sector's middle half▼ 0.37
Return on assets (ROA)3.2%within the sector's middle half▲ 5.1pp6.1%within the sector's middle half▲ 2.9pp10.7%within the sector's middle half▲ 4.6pp8.9%within the sector's middle half▼ 1.8pp-2.4%below the sector's middle half▼ 11.3pp
Staff (FTE)2within the sector's middle half▲ 5.3%2.6within the sector's middle half▲ 30.0%2.6within the sector's middle half=2.6within the sector's middle half=2.5within the sector's middle half▼ 3.8%
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
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 €85,607 after €100,638 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.1m
Fixed assets
€600,718 ▲ 2.6%
Current assets
€491,771 ▼ 16.2%
Equity and liabilities €1.1m
Equity
€394,678 ▼ 6.2%
Debt
€697,811 ▼ 7.1%
Debt's share of the balance-sheet total falls from 64.1% to 63.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€24,264▼
2024 · €152,929
Cash flow
€35,233▼
2024 · €156,357
Quick ratio
0.89▼
2024 · 1.22
Debt to equity
1.77▼
2024 · 1.79
ROE
-6.6%▼
2024 · 24.7%
Interest coverage
-0.68▼
2024 · 3.75
Debt ≤ 1 year
€387,524▲
2024 · €358,034
Debt > 1 year
€310,287▼
2024 · €393,463
Income taxes
€3,872▼
2024 · €54,596
Staff costs
€163,396▼
2024 · €180,842
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 12,321 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
0.7%
went bankrupt
8.6%
stopped otherwise
90%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 12,321 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €12,000 | - | - | - | €413 | - |
| Remuneration, social security and pensions62 | €124,603 | €153,932 | €194,630 | €180,842 | €163,396 | ▼ 9.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €40,599 | €67,554 | €51,111 | €52,291 | €61,343 | ▲ 17.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €24,624 | - | - |
| Other operating charges640/8 | €13,848 | €8,346 | €9,193 | €9,720 | €11,317 | ▲ 16.4% |
| Non-recurring operating charges66A | - | - | - | - | €5,070 | - |
| Gross operating margin9900 | €254,605 | €296,397 | €322,001 | €368,115 | €155,518 | ▼ 57.8% |
| Operating profit (loss)9901 | €75,555 | €66,565 | €67,067 | €100,638 | -€85,607 | ▼ 185% |
| Financial income75/76B | €222 | €59,470 | €103,339 | €98,840 | €99,026 | ▲ 0.2% |
| Recurring financial income75 | €222 | €59,470 | €103,339 | €98,840 | €99,026 | ▲ 0.2% |
| Financial charges65/66B | €34,545 | €35,245 | €28,348 | €40,816 | €35,657 | ▼ 12.6% |
| Recurring financial charges65 | €34,545 | €35,245 | €28,348 | €40,816 | €35,657 | ▼ 12.6% |
| Profit (loss) for the period before taxes9903 | €41,231 | €90,790 | €142,058 | €158,663 | -€22,238 | ▼ 114% |
| Income taxes67/77 | €8,999 | €14,840 | €32,582 | €54,596 | €3,872 | ▼ 92.9% |
| Profit (loss) for the period9904 | €32,232 | €75,950 | €109,475 | €104,066 | -€26,110 | ▼ 125% |
| Profit (loss) for the period to be appropriated9905 | €32,232 | €75,950 | €109,475 | €104,066 | -€26,110 | ▼ 125% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.0m | €1.3m | €1.0m | €1.2m | €1.1m | ▼ 6.8% |
| Fixed assets21/28 | €606,270 | €589,600 | €551,436 | €585,727 | €600,718 | ▲ 2.6% |
| Tangible fixed assets22/27 | €606,270 | €589,600 | €551,436 | €585,727 | €600,718 | ▲ 2.6% |
| Land and buildings22 | €592,098 | €555,724 | €531,781 | €527,213 | €544,192 | ▲ 3.2% |
| Furniture and vehicles24 | €14,172 | €13,606 | €8,784 | €55,956 | €56,526 | ▲ 1.0% |
| Leasing and similar rights25 | - | €20,270 | €10,871 | €2,558 | - | - |
| Current assets29/58 | €398,058 | €662,523 | €471,989 | €586,558 | €491,771 | ▼ 16.2% |
| Amounts receivable after more than one year29 | - | - | - | €88,248 | €97,332 | ▲ 10.3% |
| Other amounts receivable291 | - | - | - | €88,248 | €97,332 | ▲ 10.3% |
| Stocks and contracts in progress3 | €229,524 | €211,515 | €175,530 | €150,906 | €148,560 | ▼ 1.6% |
| Stocks30/36 | €229,524 | €211,515 | €175,530 | €150,906 | €148,560 | ▼ 1.6% |
| Amounts receivable within one year40/41 | €82,945 | €328,635 | €183,363 | €145,688 | €106,147 | ▼ 27.1% |
| Trade receivables40 | €76,699 | €305,702 | €175,285 | €134,464 | €93,633 | ▼ 30.4% |
| Other amounts receivable41 | €6,246 | €22,932 | €8,079 | €11,225 | €12,513 | ▲ 11.5% |
| Cash at bank and in hand54/58 | €77,159 | €112,686 | €79,168 | €177,058 | €97,099 | ▼ 45.2% |
| Deferred charges and accrued income490/1 | €8,430 | €9,688 | €33,928 | €24,658 | €42,634 | ▲ 72.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.0m | €1.3m | €1.0m | €1.2m | €1.1m | ▼ 6.8% |
| Equity10/15 | €131,297 | €207,246 | €316,722 | €420,788 | €394,678 | ▼ 6.2% |
| Contributions10/11 | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €111,297 | €187,246 | €296,722 | €400,788 | €374,678 | ▼ 6.5% |
| Non-distributable reserves130/1 | €2,000 | €2,000 | - | - | - | - |
| Reserves not available under the articles1311 | €2,000 | €2,000 | - | - | - | - |
| Distributable reserves133 | €109,297 | €185,246 | €296,722 | €400,788 | €374,678 | ▼ 6.5% |
| Amounts payable17/49 | €873,031 | €1.0m | €706,703 | €751,498 | €697,811 | ▼ 7.1% |
| Amounts payable after more than one year17 | €513,320 | €473,395 | €431,584 | €393,463 | €310,287 | ▼ 21.1% |
| Financial debts170/4 | €513,320 | €473,395 | €431,584 | €393,463 | €310,287 | ▼ 21.1% |
| Amounts payable within one year42/48 | €359,711 | €571,482 | €275,119 | €358,034 | €387,524 | ▲ 8.2% |
| Current portion of amounts payable after more than one year42 | €49,628 | €60,520 | €66,805 | €83,370 | €83,176 | ▼ 0.2% |
| Financial debts43 | €203,344 | €103,341 | €3,352 | €1,493 | €104,618 | ▲ 6,908% |
| Credit institutions430/8 | €203,344 | €103,341 | €3,352 | €1,493 | €104,618 | ▲ 6,908% |
| Trade debts44 | €66,648 | €353,996 | €96,826 | €186,377 | €155,636 | ▼ 16.5% |
| Suppliers440/4 | €66,648 | €353,996 | €96,826 | €186,377 | €155,636 | ▼ 16.5% |
| Advances received on contracts in progress46 | - | - | €42,375 | €21,400 | - | - |
| Taxes, remuneration and social security45 | €27,964 | €38,652 | €51,766 | €65,395 | €44,093 | ▼ 32.6% |
| Taxes450/3 | €5,058 | €16,109 | €28,691 | €44,764 | €28,471 | ▼ 36.4% |
| Remuneration and social security454/9 | €22,906 | €22,543 | €23,075 | €20,630 | €15,623 | ▼ 24.3% |
| Other amounts payable47/48 | €12,127 | €14,972 | €13,996 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €32,232 | €75,950 | €109,475 | €104,066 | -€26,110 | ▼ 125% |
| + Depreciation and write-downs630 | €40,599 | €67,554 | €51,111 | €52,291 | €61,343 | ▲ 17.3% |
| Operating cash flow (approximation) | €72,831 | €143,503 | €160,587 | €156,357 | €35,233 | ▼ 77.5% |
| Investment in fixed assets (approximation) | - | -€50,884 | -€12,947 | -€86,582 | -€76,334 | ▲ 11.8% |
| Change in cash | - | €35,527 | -€33,518 | €97,890 | -€79,959 | ▼ 182% |
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
Next filing, fiscal year 2026, expected by
2026
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet -€26,110
Net result drops to -€26,110, the lowest in the series.
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 92 days late
2024
20-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 20 days late
2023
31-12
Financial
Highest result since 2018net €109,475 ▲44.1%
Net result €109,475, the highest in the series.
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €200,000Eq €207,246 ▲57.8%
2 profitable years in a row build equity to €207,246.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-12
Financial
Back to profitnet €32,232
Net result €32,232 after one loss-making year.
31-12
Financial
Equity above €100,000Eq €131,297 ▲32.5%
Equity rises from €99,064 to €131,297.
15-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 107 days late
2020
06-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 67 days late
Show earlier events
2019
24-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
19-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
27-07
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.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Oudsbergen · 1 establishment unit since 2000
Ground area
1,802 m²
Building footprint
496 m²
Volume, LiDAR
1,950 m³
Parcel 71562B0904/00D056, Flanders · tallest building 9.3 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
GEKA
since 20002.097.315.489
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71562B0904/00D056 | Flanders | 1,802 m² | 1 · 496 m² | 9.3 m · 1 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 2,602 companies in sector 47551 we hold annual accounts for 1,720. 1,259 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
Founded25-02-2000
Fiscal year end31-12
Activities, NACEBEL 2025
47551Retail sale of household furniture
47540Retail sale of electrical household appliances
47552Retail sale of lighting equipment
E-invoicing
Reachable via Peppol
Peppol ID
0208:0471246685
Also
9925:BE0471246685
Registered
26-05-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.