GEPAST
InactiveGEPAST was declared bankrupt on 25-10-2022 (Ondernemingsrechtbank Brussel); the bankruptcy was closed by liquidation by judgment of 03-06-2025, published in the Belgian State Gazette on 20-06-2025.
No longer registered with the KBO; last annual accounts for fiscal year 2020.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 6 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline22-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 16-09-2022, 412 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
412 d late
2019
111 d late
← before the deadline
after the deadline →
Financials · fiscal year 2020, micro schema
Equity
€-25k
2019 · €37k
2018: €29k
2019: €37k
2018 → 2020
Total assets
€356k▲ 24.0%
2019 · €287k
2018: €64k
2019: €287k
2018 → 2020
Net result
€-62k
2019 · €8k
2018: €8k
2019: €8k
2018 → 2020
Working capital
€-40k
2019 · €13k
2018: €16k
2019: €13k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Equity€29k-€37k▲ 27.9%€-25k
Operating result€8k-€14k▲ 68.4%€-49k
Net result€8k-€8k▼ 1.4%€-62k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2020: a loss of €49k after €14k in 2019, the lowest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €356k
Fixed assets
€108k▲ 351%
Current assets
€248k▼ 5.7%
Key figures and ratios
EBITDA
€-25k▼
2019 · €16k
Cash flow
€-38k▼
2019 · €10k
Solvency
-7.1%▼
2019 · 12.8%
Current ratio
0.86▼
2019 · 1.05
Quick ratio
0.86▼
2019 · 1.05
Debt / equity
-15.11
ROA
-17.4%▼
2019 · 2.8%
Interest coverage
-4.15
Debt
€381k▲
2019 · €250k
Debt ≤ 1 year
€288k▲
2019 · €250k
Debt > 1 year
€93k
Income taxes
€8k▲
2019 · €2k
Staff costs
€86k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2020 against 2019
Balance sheet
Code20192020
Assets
Total assets20/58€287k€356k▲
Fixed assets21/28€24k€108k▲
Tangible fixed assets22/27€5k€92k▲
Furniture and vehicles24-€92k
Financial fixed assets28€19k€16k▼
Current assets29/58€263k€248k▼
Amounts receivable within one year40/41€256k€203k▼
Trade receivables40-€87k
Other amounts receivable41-€116k
Cash at bank and in hand54/58€4k€42k▲
Deferred charges and accrued income490/1-€3k
Equity and liabilities
Total equity and liabilities10/49€287k€356k▲
Equity10/15€37k€-25k▼
Contributions10/11€12k€12k=
Reserves13€2k€2k=
Non-distributable reserves130/1-€2k
Reserves not available under the articles1311-€2k
Profit (loss) carried forward14€23k€-39k▼
Amounts payable17/49€250k€381k▲
Amounts payable after more than one year17-€93k
Financial debts170/4-€93k
Amounts payable within one year42/48€250k€288k▲
Current portion of amounts payable after more than one year42-€12k
Financial debts43-€57k
Credit institutions430/8-€57k
Trade debts44€248k€218k▼
Suppliers440/4-€218k
Taxes, remuneration and social security45-€2k
Taxes450/3-€2k
Income statement
Code20192020
Remuneration, social security and pensions62-€86k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€24k▲
Other operating charges640/8-€32k
Gross operating margin9900€124k€93k▼
Operating profit (loss)9901€14k€-49k▼
Financial income75/76B-€76
Recurring financial income75€1€76▲
Financial charges65/66B-€6k
Recurring financial charges65€4k€6k▲
Profit (loss) for the period before taxes9903€10k€-54k▼
Income taxes67/77€2k€8k▲
Profit (loss) for the period9904€8k€-62k▼
Profit (loss) for the period to be appropriated9905€8k€-62k▼
Appropriation of the result
Profit (loss) to be appropriated9906-€-39k
Profit (loss) brought forward from the previous period14P-€23k
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
20-06
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Brussel · GEPAST BV ARTHUR MAESSTRAAT 100/311, 1130 HAREN · event 03-06-2025
2022
31-10
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · GEPAST BV ARTHUR MAES- STRAAT 100/311, 1130 HAREN · event 25-10-2022
16-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 412 days late
2020
31-12
Financial
Weakest financial yearnet €-62k ▼873%
Net result drops to €-62k, the lowest in the series.
19-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 111 days late
28-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 181 days late
2018
21-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 113 days late
2017
29-11
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 121 days late
29-11
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 486 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | JEROEN PINOY STATIONSSTRAAT 117, 1840 LONDER-
ZEEL |
25-10-2022 → present |