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GEKATI

Active
Private limited companyfounded 199630 yrs activeVlassenbroek 127, 9200 Dendermonde, BelgiumKBO/BCE: BE 0457.079.935
Summary

GEKATI has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €85,347 and a net result of €23,188. Equity is growing by ~3.5% per year across the filed fiscal years. Its solvency ranks better than 91% of 18940 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability96▲+19
Solvency100▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7,000 at 30 days acceptable
Liquidity ample (current ratio 2.72 against 1.65 in 2023; short-term debt: 19.6% and cash: 42.4% of total assets), and 19.7% of the assets are financed with debt.
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Signals

Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 30 years 0 40 y
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
28 d late
2023
96 d early
2022
38 d early
2021
40 d early
2020
22 d early
2019
31 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 23 days before the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

GEKATI was incorporated on 24 January 1996.1 Total assets rose from EUR 96,234 in 2018 to EUR 106,274 in 2024 and headcount from 1.1 to 0.7 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, micro schema

Turnover
€225,622
EBIT margin
5.1%
Net result
€23,188▲ 168%
2023 · €8,651
Working capital
€35,820▲ 105%
2023 · €17,468
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service 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
Turnover€225,622
Operating result€7,825€35,300▲ 351%€10,081▼ 71.4%€11,510▲ 14.2%€34,013▲ 196%
Net result€6,655within the sector's middle half€30,296above the sector's middle half▲ 355%€6,426within the sector's middle half▼ 78.8%€8,651within the sector's middle half▲ 34.6%€23,188above the sector's middle half▲ 168%
EBIT margin5.1%
Equity€70,993above the sector's middle half▲ 7.7%€99,689above the sector's middle half▲ 40.4%€79,644above the sector's middle half▼ 20.1%€77,159within the sector's middle half▼ 3.1%€85,347within the sector's middle half▲ 10.6%
Total assets€91,277within the sector's middle half▲ 7.2%€121,152within the sector's middle half▲ 32.7%€106,492within the sector's middle half▼ 12.1%€104,141within the sector's middle half▼ 2.2%€106,274within the sector's middle half▲ 2.0%
Debt€20,285▲ 5.7%€21,463▲ 5.8%€26,848▲ 25.1%€26,982▲ 0.5%€20,927▼ 22.4%
Working capital€20,502within the sector's middle half▲ 119%€28,364within the sector's middle half▲ 38.3%€4,930within the sector's middle half▼ 82.6%€17,468within the sector's middle half▲ 254%€35,820within the sector's middle half▲ 105%
Solvency77.8%above the sector's middle half▲ 0.3pp82.3%above the sector's middle half▲ 4.5pp74.8%above the sector's middle half▼ 7.5pp74.1%above the sector's middle half▼ 0.7pp80.3%above the sector's middle half▲ 6.2pp
Current ratio2.06within the sector's middle half▲ 0.492.34within the sector's middle half▲ 0.281.19within the sector's middle half▼ 1.161.65within the sector's middle half▲ 0.462.72above the sector's middle half▲ 1.07
Return on assets (ROA)7.3%within the sector's middle half▲ 18.7pp25.0%above the sector's middle half▲ 17.7pp6.0%within the sector's middle half▼ 19.0pp8.3%within the sector's middle half▲ 2.3pp21.8%above the sector's middle half▲ 13.5pp
Staff (FTE)0.3below the sector's middle half▼ 62.5%0.4▲ 33.3%0.3▼ 25.0%0.7
above within below the middle half (P25 to P75) of NACE 56, Food and beverage service 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
€0€10,000€20,000€30,000€40,000Operating result 2020: €7,825€7,825Net result 2020: €6,655€6,655Operating result 2021: €35,300€35,300Net result 2021: €30,296€30,296Operating result 2022: €10,081€10,081Net result 2022: €6,426€6,426Operating result 2023: €11,510€11,510Net result 2023: €8,651€8,651Operating result 2024: €34,013€34,013Net result 2024: €23,188€23,18820202021202220232024€0€10,000€20,000€30,000Operating result 2022: €10,081€10,100Net result 2022: €6,426€6,430Operating result 2023: €11,510€11,500Net result 2023: €8,651€8,650Operating result 2024: €34,013€34,000Net result 2024: €23,188€23,200202220232024
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 196% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €106,274
Fixed assets €49,590 ▼ 17.0%
Current assets €56,684 ▲ 27.7%
Equity and liabilities €106,274
Equity €85,347 ▲ 10.6%
Debt €20,927 ▼ 22.4%
Debt's share of the balance-sheet total falls from 25.9% to 19.7%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€53,145▲
2023 · €29,649
Cash flow
€42,320▲
2023 · €26,790
Quick ratio
2.39▲
2023 · 1.35
Debt to equity
0.25▼
2023 · 0.35
ROE
27.2%▲
2023 · 11.2%
Interest coverage
35.43▼
2023 · 64.07
Debt ≤ 1 year
€20,864▼
2023 · €26,932
Income taxes
€9,461▲
2023 · €3,088
Staff costs
€31,464▲
2023 · €25,325
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 31,349 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.4% went bankrupt
5.9% stopped otherwise
93% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 1.2% 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%.

The companies in ten equal groups, from lowest to highest expected share.
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 31,349 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
Filed annual accounts As filed with the NBB · 2024 against 2023 · 54 lines
Balance sheet Code20232024
Assets
Total assets20/58€104,141€106,274▲
Fixed assets21/28€59,741€49,590▼
Tangible fixed assets22/27€59,673€49,522▼
Land and buildings22€29,060€22,354▼
Plant, machinery and equipment23€3,763€7,338▲
Furniture and vehicles24€26,850€19,830▼
Financial fixed assets28€68€68=
Current assets29/58€44,400€56,684▲
Stocks and contracts in progress3€8,121€6,851▼
Stocks30/36€8,121€6,851▼
Amounts receivable within one year40/41€360€455▲
Trade receivables40€287€455▲
Other amounts receivable41€72-
Cash at bank and in hand54/58€31,900€45,110▲
Deferred charges and accrued income490/1€4,019€4,268▲
Equity and liabilities
Total equity and liabilities10/49€104,141€106,274▲
Equity10/15€77,159€85,347▲
Contributions10/11€19,000€4,000▼
Reserves13€58,159€81,347▲
Distributable reserves133€58,159€81,347▲
Profit (loss) carried forward14€0-
Amounts payable17/49€26,982€20,927▼
Amounts payable within one year42/48€26,932€20,864▼
Current portion of amounts payable after more than one year42€0-
Trade debts44€7,162€12,149▲
Suppliers440/4€7,162€12,149▲
Advances received on contracts in progress46-€120
Taxes, remuneration and social security45€8,108€7,787▼
Taxes450/3€6,020€7,787▲
Remuneration and social security454/9€2,088-
Other amounts payable47/48€11,662€808▼
Accrued charges and deferred income492/3€50€63▲
Income statement Code20232024
Turnover70€225,622-
Non-recurring operating income76A€0-
Goods, raw materials, services and sundry goods60/61€172,084-
Remuneration, social security and pensions62€25,325€31,464▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18,139€19,132▲
Other operating charges640/8€3,129€2,944▼
Gross operating margin9900€58,102€87,553▲
Operating profit (loss)9901€11,510€34,013▲
Financial income75/76B€692€137▼
Recurring financial income75€692€137▼
Financial charges65/66B€463€1,500▲
Recurring financial charges65€463€1,500▲
Profit (loss) for the period before taxes9903€11,739€32,649▲
Income taxes67/77€3,088€9,461▲
Profit (loss) for the period9904€8,651€23,188▲
Profit (loss) for the period to be appropriated9905€8,651€23,188▲
Appropriation of the result
Profit (loss) to be appropriated9906€8,651€23,188▲
Transfer from equity791/2€11,136-
Transfer to equity691/2€8,651€23,188▲
To other reserves6921€8,651€23,188▲
Profit to be distributed694/7€11,136-
Return on contributions (dividend)694€11,136-

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Turnover70---€225,622--
Non-recurring operating income76A-€8,584€0€0--
Goods, raw materials, services and sundry goods60/61---€172,084--
Remuneration, social security and pensions62-€17,198€24,683€25,325€31,464▲ 24.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,977€12,805€17,722€18,139€19,132▲ 5.5%
Other operating charges640/8-€2,865€3,393€3,129€2,944▼ 5.9%
Gross operating margin9900€35,007€68,168€55,880€58,102€87,553▲ 50.7%
Operating profit (loss)9901€7,825€35,300€10,081€11,510€34,013▲ 196%
Financial income75/76B-€249€56€692€137▼ 80.2%
Recurring financial income75€46€249€56€692€137▼ 80.2%
Financial charges65/66B-€384€496€463€1,500▲ 224%
Recurring financial charges65€511€384€496€463€1,500▲ 224%
Profit (loss) for the period before taxes9903€7,360€35,165€9,641€11,739€32,649▲ 178%
Income taxes67/77€705€4,869€3,215€3,088€9,461▲ 206%
Profit (loss) for the period9904€6,655€30,296€6,426€8,651€23,188▲ 168%
Profit (loss) for the period to be appropriated9905€6,655€30,296€6,426€8,651€23,188▲ 168%
Line20202021202220232024Change
Assets
Total assets20/58€91,277€121,152€106,492€104,141€106,274▲ 2.0%
Fixed assets21/28€51,420€71,637€74,954€59,741€49,590▼ 17.0%
Tangible fixed assets22/27€51,351€71,569€74,886€59,673€49,522▼ 17.0%
Land and buildings22-€39,418€32,801€29,060€22,354▼ 23.1%
Plant, machinery and equipment23-€4,601€5,348€3,763€7,338▲ 95.0%
Furniture and vehicles24-€27,550€36,738€26,850€19,830▼ 26.1%
Leasing and similar rights25-€0----
Financial fixed assets28€68€68€68€68€68=
Current assets29/58€39,858€49,515€31,537€44,400€56,684▲ 27.7%
Stocks and contracts in progress3€7,852€6,636€7,716€8,121€6,851▼ 15.6%
Stocks30/36-€6,636€7,716€8,121€6,851▼ 15.6%
Amounts receivable within one year40/41€11,328€3,216€4,024€360€455▲ 26.5%
Trade receivables40-€2,921€2,024€287€455▲ 58.5%
Other amounts receivable41-€295€2,000€72--
Cash at bank and in hand54/58€20,432€39,168€19,510€31,900€45,110▲ 41.4%
Deferred charges and accrued income490/1-€496€287€4,019€4,268▲ 6.2%
Equity and liabilities
Total equity and liabilities10/49€91,277€121,152€106,492€104,141€106,274▲ 2.0%
Equity10/15€70,993€99,689€79,644€77,159€85,347▲ 10.6%
Contributions10/11-€19,000€19,000€19,000€4,000▼ 78.9%
Reserves13€51,993€80,689€60,644€58,159€81,347▲ 39.9%
Non-distributable reserves130/1-€0----
Reserves not available under the articles1311-€0----
Distributable reserves133-€80,689€60,644€58,159€81,347▲ 39.9%
Profit (loss) carried forward14-€0€0€0--
Amounts payable17/49€20,285€21,463€26,848€26,982€20,927▼ 22.4%
Amounts payable after more than one year17€784€0----
Financial debts170/4-€0----
Amounts payable within one year42/48€19,355€21,151€26,607€26,932€20,864▼ 22.5%
Current portion of amounts payable after more than one year42-€784€7,576€0--
Trade debts44€13,090€7,064€6,246€7,162€12,149▲ 69.6%
Suppliers440/4-€7,064€6,246€7,162€12,149▲ 69.6%
Advances received on contracts in progress46----€120-
Taxes, remuneration and social security45-€9,363€10,982€8,108€7,787▼ 4.0%
Taxes450/3-€7,038€6,429€6,020€7,787▲ 29.4%
Remuneration and social security454/9-€2,325€4,553€2,088--
Other amounts payable47/48-€3,939€1,804€11,662€808▼ 93.1%
Accrued charges and deferred income492/3-€313€241€50€63▲ 24.5%
Line20202021202220232024Change
Profit (loss) for the period9904€6,655€30,296€6,426€8,651€23,188▲ 168%
+ Depreciation and write-downs630€9,977€12,805€17,722€18,139€19,132▲ 5.5%
Operating cash flow (approximation)€16,633€43,101€24,148€26,790€42,320▲ 58.0%
Investment in fixed assets (approximation)--€33,023-€21,039-€2,926-€8,981▼ 207%
Change in cash-€18,735-€19,658€12,390€13,210▲ 6.6%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
28-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
26-04
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
23-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
21-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Highest result since 2018net €30,296 ▲355%
Operating result €35,300, net result €30,296, both a record.
09-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Back to profitnet €6,655
Net result €6,655 after one loss-making year.
31-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial Weakest financial yearnet -€9,677
Net result drops to -€9,677, the lowest in the series; recovery starts the following year.
28-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
30-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
12-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
23-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 23 days late
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, Dendermonde · 1 establishment unit since 1996
seat establishment The establishment unit on the map
Ground area
34 m²
Building footprint
34 m²
Volume, LiDAR
212 m³
Parcel 42002A0199/00H000, Flanders · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Taverne "D'oude pomp"
Vlassenbroek 127, 9200 DendermondeNACE 5530105
since 19962.075.178.804
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
42002A0199/00H000 Flanders 34 m² 1 · 34 m² 7.6 m · 2 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.

Similar companies · same sector, comparable size

Of 14,002 companies in sector 56301 we hold annual accounts for 4,896. 3,811 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
Founded24-01-1996
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
56301Cafés and bars
E-invoicing
Reachable via Peppol
Peppol ID 0208:0457079935
Also 9925:BE0457079935
Registered 17-06-2025

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.