Debts
€129,698 87% of the balance sheet
Financial debts 36%Suppliers 10%Taxes and wages 1%Other 53%
Of this, €82,862 falls due within a year.
GESANCO
Lifetime
2 annual accounts with figures on one time axispeak €33,870 (2025)
€33,870▲ 47.8%
peak €11,879 (2024)
€1,144▼ 90.4%
peak €19,022 (2025)
€19,022▲ 6.4%
€129,698▲ 13.4%
Board4 names since 2024
4 directors and 3 others
Documentsfilings and deeds
02-07-202629 days before the deadline
2025micro format
Gross margin from €22,917 to €33,870Result from €11,879 to €1,144Company renamed from ’t Frietzakje to GESANCO 17-10
Key points
from the 2025 annual accountsInvestments
€39,511 1.6 × depreciation
Green is investment, beige is depreciation. Machinery stands 49.5% higher than in 2024.
Liquidity
0.29 was 0.98 in 2024
Short-term debts rose from €23,393 to €82,862.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 2,545 companies had the same profile as GESANCO has now. Each dot stands for 7 companies, two years later.
94.9%
were still trading
1.3%
stopped another way
3.5%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,545 companies, not a prediction for GESANCO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Board and ownership
Director
Director
Director
Director
- 40 sharesdeed of 20-06-2024
- 40 sharesdeed of 20-06-2024
- 40 sharesdeed of 20-06-2024
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1010493540
Company renamed from ’t Frietzakje to GESANCO
Appointments: , and · “De uitbating van een spijshuis en/of restaurant; De uitbating van verbruikssalons zoals…” (deed in Dutch) · General meeting of 29-09-2025 · Gazette deed
Incorporation
Founding capital of €6,000, 120 shares · Founders: , and · Appointment: (director) · published on 20-06-2024 · Gazette deed
First establishment
't Frietzakje - Schilderwerken Geysels, Kazernelaan 124, Houthalen-Helchteren
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| GESANCO Houthalen-Helchteren | €148,720 | €33,870 | 12.8% | - |
| ZAINE Brussels | €159,602 | €32,386 | 11.4% | - |
| NAENO Mouscron | €135,773 | €34,019 | 15.4% | - |
| EUROINVEST Charleroi | €124,460 | €36,527 | -35.1% | - |
| RAME’N GO Fleurus | €151,547 | €41,875 | 35.2% | - |
| K.I. Brands Schoten | €148,882 | €43,739 | 8.7% | - |
| JS Heusden-Zolder | €142,498 | €47,875 | 26.0% | - |
These companies have the same main activity as GESANCO: limited-service restaurants, excluding mobile food services (NACE 56112). They are comparable in size and age: total assets between €124,000 and €160,000, founded in 2024.
Official details
Source: KBO- Status
- Active since 18-06-2024Normal situation
- Activity
- Limited-service restaurants, excluding mobile food servicesNACE 56112and 5 others
- Establishment unit
- 2.360.775.2113530 Houthalen-Helchteren, since 18-06-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 13-02-2026
Annual accounts 2025
- ≈ €180,000estimated
- €148,720▲ 12.4%
- Filing
- Filed on 02-07-2026, 29 days before the end of the filing period
Insights on GESANCO
The 2025 annual accounts show equity of €19,022 and a net result of €1,144. Its solvency ranks better than 36% of 18,509 sector peers (NACE 56, financial year 2025).
The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about GESANCO
- What is the company number of GESANCO?
- The company number of GESANCO is 1010.493.540. The VAT number is the same number with BE in front: BE 1010.493.540.
- Where is GESANCO based?
- The registered office is at Kazernelaan 124, 3530 Houthalen-Helchteren.Company details
- What does GESANCO do?
- According to the KBO register, the main activity is limited-service restaurants, excluding mobile food services (NACE 56112).
- What is the legal form of GESANCO?
- GESANCO is a private limited company (BV).
- When was GESANCO founded?
- GESANCO was founded on 18-06-2024.
- Is GESANCO still active?
- Yes, GESANCO is an active enterprise in the KBO register.
- What is the turnover of GESANCO?
- The turnover in financial year 2025 is ≈ €180,000. This figure is estimated from the gross margin of €33,870 and 66 comparable companies (NACE 56112). It probably lies between €140,000 and €250,000.Financials
- Is GESANCO profitable?
- In financial year 2025, GESANCO made a profit of €1,144.
- Where can I find the annual accounts of GESANCO?
- GESANCO filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of GESANCO due?
- GESANCO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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