Summary
GEPEC has a registered holding activity and consists mainly of financial fixed assets; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €2.0m and a net result of €525,035. Equity is growing by ~13.8% per year across the filed fiscal years. The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Holding: general score not applicable
The company has a registered holding activity and financial fixed assets account for more than half of its assets. The general operating-company model is unsuitable for this profile, so we show no financial axes either. Filed figures remain available.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
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 02-06-2026, 59 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
59 d early
2024
51 d early
2023
54 d early
2022
38 d early
2021
48 d early
2020
51 d early
2019
50 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 50 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% 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.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, unclassified schema
In the rankings
#1 company by equity in Wasseiges, Professional and technical services sector#2 company by total assets in Wasseiges, Professional and technical services sector#10 oldest company in Wasseiges, Professional and technical services sector
Turnover
€385,800▲ 3.8%
2024 · €371,520
EBIT margin
42.5%▲ 0.7pp
2024 · 41.9%
Net result
€525,035▲ 342%
2024 · €118,719
Working capital
-€80,656
2024 · €243,270
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€239,000▼ 1.6%€224,700▼ 6.0%€381,920▲ 70.0%€371,520▼ 2.7%€385,800▲ 3.8%
Operating result€47,678▼ 32.3%€74,193▲ 55.6%€154,390▲ 108%€155,634▲ 0.8%€164,146▲ 5.5%
Net result€270,687▲ 10.3%€59,493▼ 78.0%€117,339▲ 97.2%€118,719▲ 1.2%€525,035▲ 342%
EBIT margin19.9%▼ 9.0pp33.0%▲ 13.1pp40.4%▲ 7.4pp41.9%▲ 1.5pp42.5%▲ 0.7pp
Equity€1.2m▲ 29.0%€1.3m▲ 4.9%€1.3m▲ 4.5%€1.4m▲ 9.0%€2.0m▲ 36.4%
Total assets€1.6m▲ 19.7%€1.5m▼ 9.0%€1.4m▼ 2.3%€1.5m▲ 2.9%€2.5m▲ 66.7%
Debt€409,823▼ 1.2%€205,737▼ 49.8%€115,070▼ 44.1%€38,028▼ 67.0%€499,069▲ 1,212%
Working capital€72,452€56,180▼ 22.5%€118,074▲ 110%€243,270▲ 106%-€80,656
Staff (FTE)0.21▲ 400%1=1=1=
Why a figure moved sharply
- 2025 Net result +342%, Total assets +67% on 2024. Cause not known from the registers.
- 2023 Turnover +70% on 2022. Cause not known from the registers.
- 2022 Net result -78% on 2021. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 5% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.5m
Fixed assets
€2.2m ▲ 79.2%
Current assets
€313,244 ▲ 12.4%
Equity and liabilities €2.5m
Equity
€2.0m ▲ 36.4%
Debt
€499,069 ▲ 1,212%
Debt's share of the balance-sheet total rises from 2.6% to 20.2%. Equity and debt are higher.
Key figures and ratios
ROE
26.7%▲
2024 · 8.2%
ROA
21.3%▲
2024 · 8.0%
Debt ≤ 1 year
€393,901▲
2024 · €35,308
Debt > 1 year
€100,000
Income taxes
€40,605▲
2024 · €40,468
Staff costs
€59,976▲
2024 · €54,708
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €254,827 | €298,224 | €384,204 | €372,688 | €386,507 | ▲ 3.7% |
| Turnover70 | €239,000 | €224,700 | €381,920 | €371,520 | €385,800 | ▲ 3.8% |
| Other operating income74 | €15,827 | €73,524 | €2,284 | €1,168 | €707 | ▼ 39.4% |
| Operating charges60/66A | €207,149 | €224,031 | €229,814 | €217,054 | €222,361 | ▲ 2.4% |
| Services and other goods61 | €168,850 | €163,370 | €163,784 | €150,268 | €148,706 | ▼ 1.0% |
| Remuneration, social security and pensions62 | €8,525 | €55,715 | €54,321 | €54,708 | €59,976 | ▲ 9.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €28,906 | €4,079 | €10,598 | €11,110 | €12,681 | ▲ 14.1% |
| Other operating charges640/8 | €868 | €868 | €1,110 | €968 | €998 | ▲ 3.2% |
| Operating profit (loss)9901 | €47,678 | €74,193 | €154,390 | €155,634 | €164,146 | ▲ 5.5% |
| Financial income75/76B | €243,548 | €0 | €2,521 | €3,944 | €404,536 | ▲ 10,156% |
| Recurring financial income75 | €242,130 | €0 | €2,521 | €3,944 | €404,536 | ▲ 10,156% |
| Income from financial fixed assets750 | €242,130 | €0 | - | - | €403,226 | - |
| Income from current assets751 | - | - | €2,521 | €3,944 | €1,238 | ▼ 68.6% |
| Other financial income752/9 | - | - | - | - | €73 | - |
| Non-recurring financial income76B | €1,418 | €0 | - | - | - | - |
| Financial charges65/66B | €4,780 | €5,119 | €438 | €392 | €3,042 | ▲ 677% |
| Recurring financial charges65 | €4,780 | €5,119 | €438 | €392 | €3,042 | ▲ 677% |
| Debt charges650 | €4,443 | €4,826 | €161 | €157 | €2,693 | ▲ 1,611% |
| Other financial charges652/9 | €337 | €293 | €278 | €234 | €349 | ▲ 49.2% |
| Profit (loss) for the period before taxes9903 | €286,446 | €69,074 | €156,472 | €159,186 | €565,640 | ▲ 255% |
| Income taxes67/77 | €15,759 | €9,581 | €39,134 | €40,468 | €40,605 | ▲ 0.3% |
| Taxes670/3 | €15,759 | €9,581 | €39,134 | €40,468 | €40,605 | ▲ 0.3% |
| Profit (loss) for the period9904 | €270,687 | €59,493 | €117,339 | €118,719 | €525,035 | ▲ 342% |
| Profit (loss) for the period to be appropriated9905 | €270,687 | €59,493 | €117,339 | €118,719 | €525,035 | ▲ 342% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.6m | €1.5m | €1.4m | €1.5m | €2.5m | ▲ 66.7% |
| Fixed assets21/28 | €1.2m | €1.2m | €1.2m | €1.2m | €2.2m | ▲ 79.2% |
| Tangible fixed assets22/27 | €25,616 | €67,476 | €59,704 | €53,226 | €60,211 | ▲ 13.1% |
| Land and buildings22 | - | €23,802 | €22,577 | €21,352 | €20,128 | ▼ 5.7% |
| Plant, machinery and equipment23 | - | €9,598 | €7,550 | €5,503 | €3,993 | ▼ 27.4% |
| Furniture and vehicles24 | €25,616 | €34,077 | €29,577 | €26,371 | €36,090 | ▲ 36.9% |
| Financial fixed assets28 | €1.1m | €1.1m | €1.1m | €1.1m | €2.1m | ▲ 82.3% |
| Companies linked by participating interests282/3 | €1.1m | €1.1m | €1.1m | €1.1m | €2.1m | ▲ 82.3% |
| Participating interests282 | €1.1m | €1.1m | €1.1m | €1.1m | €2.1m | ▲ 82.3% |
| Current assets29/58 | €442,433 | €255,979 | €230,424 | €278,578 | €313,244 | ▲ 12.4% |
| Stocks and contracts in progress3 | - | €0 | €0 | €0 | €0 | - |
| Amounts receivable within one year40/41 | €4,598 | €6,719 | €96,720 | €65,628 | €42,343 | ▼ 35.5% |
| Trade receivables40 | €224 | €2,300 | €66,926 | €10,911 | €42,343 | ▲ 288% |
| Other amounts receivable41 | €4,374 | €4,419 | €29,793 | €54,717 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €434,822 | €248,977 | €133,410 | €212,950 | €270,185 | ▲ 26.9% |
| Deferred charges and accrued income490/1 | €3,013 | €283 | €294 | €0 | €717 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.6m | €1.5m | €1.4m | €1.5m | €2.5m | ▲ 66.7% |
| Equity10/15 | €1.2m | €1.3m | €1.3m | €1.4m | €2.0m | ▲ 36.4% |
| Contributions10/11 | €150,000 | €150,000 | €150,000 | €150,000 | €150,000 | = |
| Reserves13 | €15,000 | €15,000 | €15,000 | €15,000 | €15,000 | = |
| Non-distributable reserves130/1 | €15,000 | €15,000 | €0 | - | - | - |
| Reserves not available under the articles1311 | €15,000 | €15,000 | €0 | - | - | - |
| Distributable reserves133 | - | - | €15,000 | €15,000 | €15,000 | = |
| Profit (loss) carried forward14 | €1.0m | €1.1m | €1.2m | €1.3m | €1.8m | ▲ 41.1% |
| Amounts payable17/49 | €409,823 | €205,737 | €115,070 | €38,028 | €499,069 | ▲ 1,212% |
| Amounts payable after more than one year17 | €36,480 | €0 | - | - | €100,000 | - |
| Financial debts170/4 | €36,480 | €0 | - | - | €100,000 | - |
| Credit institutions173 | €36,480 | €0 | - | - | €100,000 | - |
| Amounts payable within one year42/48 | €369,980 | €199,799 | €112,350 | €35,308 | €393,901 | ▲ 1,016% |
| Current portion of amounts payable after more than one year42 | €159,453 | €36,480 | €0 | - | €100,000 | - |
| Trade debts44 | €10,219 | €12,110 | €4,034 | €8,058 | €4,015 | ▼ 50.2% |
| Suppliers440/4 | €10,219 | €12,110 | €4,034 | €8,058 | €4,015 | ▼ 50.2% |
| Taxes, remuneration and social security45 | €17,467 | €10,662 | €48,316 | €27,250 | €28,945 | ▲ 6.2% |
| Taxes450/3 | €13,466 | €2,284 | €34,286 | €18,250 | €19,945 | ▲ 9.3% |
| Remuneration and social security454/9 | €4,001 | €8,377 | €14,030 | €8,999 | €8,999 | = |
| Other amounts payable47/48 | €182,842 | €140,548 | €60,000 | €0 | €260,941 | - |
| Accrued charges and deferred income492/3 | €3,362 | €5,938 | €2,720 | €2,720 | €5,168 | ▲ 90.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €270,687 | €59,493 | €117,339 | €118,719 | €525,035 | ▲ 342% |
| + Depreciation and write-downs630 | €28,906 | €4,079 | €10,598 | €11,110 | €12,681 | ▲ 14.1% |
| Operating cash flow (approximation) | €299,593 | €63,571 | €127,937 | €129,829 | €537,715 | ▲ 314% |
| Investment in fixed assets (approximation) | - | -€45,939 | -€2,826 | -€4,632 | -€964,090 | ▼ 20,712% |
| Change in cash | - | -€185,845 | -€115,567 | €79,540 | €57,234 | ▼ 28.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-06
NBB filing
Annual accounts filed
fiscal year 2025 · unclassified schema
2025
31-12
Financial
Highest result since 2018net €525,035 ▲342%
Operating result €164,146, net result €525,035, both a record.
10-06
NBB filing
Annual accounts filed
fiscal year 2024 · unclassified schema
2024
31-12
Financial
Liquidity quadruplescurrent ratio 7.89
Current ratio from 2.05 to 7.89; short-term debt falls from €112,350 to €35,308.
07-06
NBB filing
Annual accounts filed
fiscal year 2023 · unclassified schema
2023
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · unclassified schema
2022
31-12
Financial
Weakest financial yearnet €59,493 ▼78%
Net result drops to €59,493, the lowest in the series; recovery starts the following year.
13-06
NBB filing
Annual accounts filed
fiscal year 2021 · unclassified schema
2021
31-12
Financial
Equity above €1mEq €1.2m ▲29%
4 profitable years in a row build equity to €1.2m.
10-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
11-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
04-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
16-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Wasseiges · 1 establishment unit since 2014
Ground area
4,580 m²
Building footprint
176 m²
Volume, LiDAR
1,272 m³
Parcel 64003B0484/00F000, Wallonia · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GEPEC
since 20142.236.623.129
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 64003B0484/00F000 | Wallonia | 4,580 m² | 1 · 176 m² | 9.4 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.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2025 list no shareholders, and no other source names one.
Holdings 1
-
44.35%
According to the 2025 annual accounts of GEPEC and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 82,642 companies in sector 70200 we hold annual accounts for 52,590. 20,367 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
Founded04-11-2014
Fiscal year end31-12
Activities, NACEBEL 2025
01210Crop and animal production, hunting and related service activities
70200Business and other management consultancy
64210Activities of holding companies
E-invoicing
Reachable via Peppol
Peppol ID
0208:0567566301
Also
9925:BE0567566301
Registered
13-11-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.