Financials
- Fiscal year
- 2025
- Turnover
- €7.1m
- Loss
- -€51,116
- Solvency
- 14.3%
Turnover▼ 4.5%
Net result
20182025
GEKEL
ActiveSummary
The computed 12-month bankruptcy probability of GEKEL is 1.7% (moderate). The 2025 annual accounts show equity of €218,189 and a net result of -€51,116. Equity remains stable across the filed fiscal years (±0.5% per year). Its solvency ranks better than 25% of 4913 sector peers (fiscal year 2025). The company has been active since 1978 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Non-specialised retail sale with food, beverages or tobacco predominating
NACE 47110NACE 47112NACE 52112
#1 oldest company in La Calamine, Wholesale and retail trade sector1 site
Size
€7.1mturnover 2025
- Staff
- 19.4 FTE
- Equity
- €218,189
- Loss
- -€51,116
Structure
- Parent
- ARCADE · 99%
Accounts 35 d early0 of 5 deeds read
Why 53- Equity €218,189 (14.3% of total assets)- Size: turnover €7.1m, 19.4 FTE, total assets €1.5m- Liquidity: current ratio 1.02, cash €79,058- Sector Retail trade (NACE 47)Show the evidence
Checked score
Score 2025
53
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 20% of its sector peers (NACE 47, small)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Weak
Solvency
39-3
equity 14.3% of total assets
Liquidity
9-4
short-term debt 85.5% · cash 5.2%
Profitability
35-23
return on assets -3.4%
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.7%
12-2024: 0.7%● 0.0% vs 11-2024
01-2025: 0.7%● 0.0% vs 12-2024
02-2025: 0.7%▲ +2.0% vs 01-2025
03-2025: 0.7%● 0.0% vs 02-2025
04-2025: 0.6%▼ -3.2% vs 03-2025
05-2025: 0.6%▲ +0.3% vs 04-2025
06-2025: 0.6%▼ -3.3% vs 05-2025lowest value
07-2025: 0.8%▲ +33.7% vs 06-2025
08-2025: 1.1%▲ +37.4% vs 07-2025
09-2025: 1.1%● 0.0% vs 08-2025
10-2025: 1.1%● 0.0% vs 09-2025
11-2025: 1.1%● 0.0% vs 10-2025
12-2025: 1.1%● 0.0% vs 11-2025
01-2026: 1.1%● 0.0% vs 12-2025
02-2026: 1.1%● 0.0% vs 01-2026
03-2026: 1.1%● 0.0% vs 02-2026
04-2026: 1.1%▼ -1.3% vs 03-2026
05-2026: 1.1%▲ +1.2% vs 04-2026
06-2026: 1.1%▲ +0.3% vs 05-2026
07-2026: 1.2%▲ +2.4% vs 06-2026
08-2026: 2.0%▲ +66.5% vs 07-2026
09-2026: 2.4%▲ +22.6% vs 08-2026highest value
10-2026: 1.7%▼ -30.9% vs 09-2026
- Equity €218,189 (14.3% of total assets) raises the probability
- Size: turnover €7.1m, 19.4 FTE, total assets €1.5m raises the probability for this profile
- Liquidity: current ratio 1.02, cash €79,058 raises the probability
- Sector Retail trade (NACE 47) raises the probability
Credit up to €11,000 at 30 days acceptable
Liquidity tight (current ratio 1.02 against 1.01 in 2024; short-term debt: 85.5% and cash: 5.2% of total assets), and 85.7% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 47, small). Better than this share of them on solvency 28%, liquidity 8%, profitability 20%, growth against the median 24%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 05-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 4913 sector peers (2025).
NBB · sector comparisonPosition among 4913 sector peers
Solvency
better than 25%
← weakest
strongest →
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 26-06-2026, 35 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
35 d early
2024
29 d early
2023
20 d early
2022
31 d early
2021
52 d early
2020
23 d late
2019
46 d early
← 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 27 days before 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 30 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
06-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · full…
- Weakest financial yearnet -€51,116
- Annual accounts filedfiscal year 2024 · full…
Key points
- Caution: From profit to loss in 2025after €27,629 in 2024 -€51,116 View
- Positive: Oldest company in La Calamine, Wholesale and retail…in the Checked rankings #1 View
- Controlled by ARCADEknown shareholders 100% 99% View
- Positive: Always filed on timeaccounts within the deadline every year 5 years View
- Active since 1978founded 26-06-1978 48 years View
By topic
Board & ownership
- Parent
- ARCADE · 99%
- Known shareholders
- 100%
Network & group
- Group
- SOUVRÉ INVEST
Timeline
- Events
- 14
- Since
- 2017
- Next accounts
- by 31-07-2027
- 26-06-2026Annual accounts filed
- 31-12-2025Weakest financial year
- 02-07-2025Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- Non-specialised retail sale with food, beverages or tobacco…NACE 47110
- Founded
- 26-06-1978
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.