Summary
GELCO is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €13.9m and a net result of €1.6m. Equity remains stable across the filed financial years (±0% per year). Its solvency ranks better than 76% of 2,986 sector peers (NACE 64, financial year 2025). The company has been active since 1985 and the Belgian Official Gazette contains no insolvency or warning signals.
Articles of association
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Algemene vertegenwoordigingsbevoegdheid te De vennootschap wordt in en buiten rechte vertegenwoordigd door de meerderheid van de leden van…”
Read from the deeds: 1 provision, deed of 23-12-2025