GEKAPLUS
ActiveSummary
GEKAPLUS has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.11M and a net result of €182k. Equity is growing by ~11.1% per year across the filed fiscal years. Its solvency ranks better than 52% of 2276 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
71
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability74▲+9
Solvency69▼-4
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €140k at 30 days acceptable
Liquidity short (current ratio 0.28 against 0.45 in 2024; short-term debt: 27.9% and cash: 1% of total assets), and 55.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies
more bankruptcies →
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
44.1%
Return on assets
3.8%
Age of the figures
9 mo
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
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
on the day
2023
9 d early
2022
4 d early
2021
2 d early
2020
1 d early
2019
on the day
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€2.11M▲ 9.4%
2024 · €1.93M
2018: €873k
2019: €910k
2020: €1.61M
2021: €1.60M
2022: €1.57M
2023: €1.57M
2024: €1.93M
2018 → 2025
Total assets
€4.79M▲ 19.8%
2024 · €4.00M
2018: €2.33M
2019: €2.62M
2020: €3.86M
2021: €3.73M
2022: €3.63M
2023: €3.54M
2024: €4.00M
2018 → 2025
Net result
€182k▲ 2,033%
2024 · €9k
2018: €45k
2019: €37k
2020: €-37k
2021: €-11k
2022: €-29k
2023: €-242
2024: €9k
2018 → 2025
Working capital
€-961k▼ 110%
2024 · €-457k
2018: €-491k
2019: €-518k
2020: €-539k
2021: €-796k
2022: €-842k
2023: €-785k
2024: €-457k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.60M-€1.57M▼ 1.8%€1.57M=€1.93M▲ 22.8%€2.11M▲ 9.4%
Operating result€37k-€16k▼ 57.1%€51k▲ 221%€56k▲ 11.0%€294k▲ 420%
Net result€-11k-€-29k▼ 177%€-242▲ 99.2%€9k€182k▲ 2,033%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 420% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.79M
Fixed assets
€4.42M ▲ 21.8%
Current assets
€375k ▲ 0.5%
Equity and liabilities €4.79M
Equity
€2.11M ▲ 9.4%
Provisions
€45k ▲ 636%
Debt
€2.64M ▲ 27.8%
Debt's share of the balance-sheet total rises from 51.6% to 55.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€456k▲
2024 · €215k
Cash flow
€344k▲
2024 · €167k
Current ratio
0.28▼
2024 · 0.45
Quick ratio
0.25▼
2024 · 0.45
Debt to equity
1.25▲
2024 · 1.07
ROE
8.6%▲
2024 · 0.4%
ROA
3.8%▲
2024 · 0.2%
Interest coverage
9.93▲
2024 · 5.53
Debt ≤ 1 year
€1.34M▲
2024 · €830k
Debt > 1 year
€1.30M▲
2024 · €1.23M
Income taxes
€27k▲
2024 · €9k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 55 lines
Balance sheet
Code20242025
Assets
Total assets20/58€4.00M€4.79M▲
Fixed assets21/28€3.63M€4.42M▲
Tangible fixed assets22/27€3.63M€4.42M▲
Land and buildings22€3.49M€3.69M▲
Furniture and vehicles24€0€165k▲
Assets under construction and advance payments27€141k€565k▲
Current assets29/58€373k€375k▲
Stocks and contracts in progress3-€45k
Stocks30/36-€45k
Amounts receivable within one year40/41€114k€279k▲
Trade receivables40€112k€276k▲
Other amounts receivable41€2k€3k▲
Cash at bank and in hand54/58€255k€47k▼
Deferred charges and accrued income490/1€4k€4k▲
Equity and liabilities
Total equity and liabilities10/49€4.00M€4.79M▲
Equity10/15€1.93M€2.11M▲
Contributions10/11€1.73M€1.73M=
Reserves13€200k€382k▲
Tax-exempt reserves132€1k€117k▲
Distributable reserves133€199k€265k▲
Provisions and deferred taxes16€6k€45k▲
Deferred taxes168€6k€45k▲
Amounts payable17/49€2.06M€2.64M▲
Amounts payable after more than one year17€1.23M€1.30M▲
Financial debts170/4€1.23M€1.30M▲
Amounts payable within one year42/48€830k€1.34M▲
Current portion of amounts payable after more than one year42€52k€85k▲
Trade debts44€3k€572▼
Suppliers440/4€3k€572▼
Taxes, remuneration and social security45€23k€39k▲
Taxes450/3€23k€39k▲
Other amounts payable47/48€752k€1.21M▲
Accrued charges and deferred income492/3€492€0▼
Income statement
Code20242025
Non-recurring operating income76A€0€204k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€158k€162k▲
Other operating charges640/8€26k€20k▼
Non-recurring operating charges66A-€2k
Gross operating margin9900€241k€478k▲
Operating profit (loss)9901€56k€294k▲
Financial income75/76B-€19
Recurring financial income75-€19
Financial charges65/66B€39k€46k▲
Recurring financial charges65€39k€46k▲
Profit (loss) for the period before taxes9903€18k€248k▲
Transfer from deferred taxes780€79€79=
Transfer to deferred taxes680-€39k
Income taxes67/77€9k€27k▲
Profit (loss) for the period9904€9k€182k▲
Transfer to tax-exempt reserves689-€116k
Profit (loss) for the period to be appropriated9905€9k€66k▲
Appropriation of the result
Profit (loss) to be appropriated9906€9k€66k▲
Transfer from equity791/2€0-
Transfer to equity691/2€9k€66k▲
To other reserves6921€9k€66k▲
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (25 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
2026
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €182k ▲2,033%
Operating result €294k, net result €182k, both a record.
31-12
Financial
Equity above €2MEq €2.11M ▲9.4%
2 profitable years in a row build equity to €2.11M.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €9k
Net result €9k after 4 loss-making years.
22-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €-37k
Net result drops to €-37k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €1MEq €1.61M ▲77.2%
Equity rises from €910k to €1.61M.
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Show earlier events
2019
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-07
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 4 acts read
About the unread acts
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.
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Directors · office · real estate
Directors
4 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, Grobbendonk · 1 establishment unit since 2015
Ground area
2,785 m²
Building footprint
278 m²
Volume, LiDAR
1,964 m³
Parcel 13005A0057/00W003, Flanders · tallest building 11.0 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
GEKAPLUS
since 20152.240.435.625
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13005A0057/00W003 | Flanders | 2,785 m² | 1 · 278 m² | 11.0 m · 3 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.
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Luminus Services Sud
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VB Partners Group
BE 0807.818.176
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Modulux
BE 0679.761.449
Ichtegem · Eq €2,108,555
Of 24,497 companies in sector 82990 we hold annual accounts for 9,406. 3,127 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-02-2015
Fiscal year end31-12
Activities, NACEBEL 2025
82990Other business support services
68110Buying and selling of own real estate
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.