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GELO Consult

Active
Private limited companyfounded 20242 yrs activeDieseghemlei 90, 2640 Mortsel, BelgiumKBO/BCE: BE 1012.937.445
Summary

GELO Consult has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €26k and a net result of €25k. Its solvency ranks better than 66% of 20780 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2024
Axes
Profitability100
Solvency100
Growth-
Track record67
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 3.95; short-term debt: 22.9% and cash: 42.6% of total assets), and 24.9% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-06-2025, 41 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2024
41 d early
← before the deadline after the deadline →
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

On 29 August 2024, GELO Consult was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

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

Financials · fiscal year 2024, micro schema

Equity
€26k
Total assets
€34k
Net result
€25k
Working capital
€23k

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €33k
Fixed assets €3k
Current assets €31k
Equity and liabilities €34k
Equity €26k
Debt €8k
Debt finances 24.9% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€32k
Cash flow
€26k
Current ratio
3.95
Debt to equity
0.33
ROE
97.1%
ROA
72.9%
Interest coverage
183.75
Debt ≤ 1 year
€8k
Income taxes
€6k
Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 40 lines
Balance sheet Code2024
Assets
Total assets20/58€34k
Formation expenses20€622
Fixed assets21/28€3k
Tangible fixed assets22/27€3k
Plant, machinery and equipment23€3k
Financial fixed assets28€105
Current assets29/58€31k
Amounts receivable within one year40/41€15k
Trade receivables40€14k
Other amounts receivable41€1k
Cash at bank and in hand54/58€14k
Deferred charges and accrued income490/1€850
Equity and liabilities
Total equity and liabilities10/49€34k
Equity10/15€26k
Contributions10/11€2k
Reserves13€24k
Distributable reserves133€24k
Amounts payable17/49€8k
Amounts payable within one year42/48€8k
Trade debts44€497
Suppliers440/4€497
Taxes, remuneration and social security45€6k
Taxes450/3€6k
Other amounts payable47/48€859
Accrued charges and deferred income492/3€689
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€735
Other operating charges640/8€330
Gross operating margin9900€32k
Operating profit (loss)9901€31k
Financial charges65/66B€175
Recurring financial charges65€175
Profit (loss) for the period before taxes9903€31k
Income taxes67/77€6k
Profit (loss) for the period9904€25k
Profit (loss) for the period to be appropriated9905€25k
Appropriation of the result
Profit (loss) to be appropriated9906€25k
Transfer to equity691/2€24k
To other reserves6921€24k
Profit to be distributed694/7€859
Return on contributions (dividend)694€859

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€735
Other operating charges640/8€330
Gross operating margin9900€32k
Operating profit (loss)9901€31k
Financial charges65/66B€175
Recurring financial charges65€175
Profit (loss) for the period before taxes9903€31k
Income taxes67/77€6k
Profit (loss) for the period9904€25k
Profit (loss) for the period to be appropriated9905€25k
Line2024
Assets
Total assets20/58€34k
Formation expenses20€622
Fixed assets21/28€3k
Tangible fixed assets22/27€3k
Plant, machinery and equipment23€3k
Financial fixed assets28€105
Current assets29/58€31k
Amounts receivable within one year40/41€15k
Trade receivables40€14k
Other amounts receivable41€1k
Cash at bank and in hand54/58€14k
Deferred charges and accrued income490/1€850
Equity and liabilities
Total equity and liabilities10/49€34k
Equity10/15€26k
Contributions10/11€2k
Reserves13€24k
Distributable reserves133€24k
Amounts payable17/49€8k
Amounts payable within one year42/48€8k
Trade debts44€497
Suppliers440/4€497
Taxes, remuneration and social security45€6k
Taxes450/3€6k
Other amounts payable47/48€859
Accrued charges and deferred income492/3€689
Line2024
Profit (loss) for the period9904€25k
+ Depreciation and write-downs630€735
Operating cash flow (approximation)€26k

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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More with these figures Sector benchmark What changed Value indication

Timeline · acts, filings and financial milestones

2025
20-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
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, Mortsel · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
268 m²
Building footprint
111 m²
Volume, LiDAR
652 m³
Parcel 11029A0265/00C000, Flanders · tallest building 11.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GELO Consult
Dieseghemlei 90, 2640 MortselGeneral electrical installation work
since 20242.363.175.762
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11029A0265/00C000 Flanders 268 m² 1 · 111 m² 10.9 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 30,002 companies in sector 62200 we hold annual accounts for 18,390. 13,850 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
Founded29-08-2024
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
62900Other information technology and computer services
62100Computer programming
63100Computing infrastructure, data processing, hosting and related activities
70200Business and other management consultancy
82990Other business support services

Scores and ratios are computed by Checked and are not a credit decision.