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GESCKA

Active
Private limited companyfounded 201115 yrs activeHors les Portes 57, 4830 Limbourg, BelgiumKBO/BCE: BE 0839.357.430
Summary

GESCKA has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €271,648 and a net result of €3,788. Equity remains stable across the filed fiscal years (±1.6% per year). Its solvency ranks better than 39% of 162 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2026
Axes · tick = 2025
Profitability70▼-12
Solvency79▲+10
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19,000 at 30 days acceptable
Liquidity ample (current ratio 2.1 against 1.68 in 2025; short-term debt: 42.3% and cash: 3.2% of total assets), and 46.3% of the assets are financed with debt.
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Signals

Six 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 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2026
Solvency, return and age of the figures
Solvency
53.7%
Return on assets
0.7%
Age of the figures
3 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 15 years 0 20 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2026 was due by 31-01-2027 and was filed on 16-09-2026, 137 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
137 d early
2025
31 d early
2024
130 d early
2023
89 d early
2022
31 d early
2021
97 d early
2020
31 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 78 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 30-06-2027 and is due by 31-01-2028. Nothing is late today. Usually files around 3 November (5 of the last 5 filed years within 58 days of that day).
Companies Code · seven months
Position in the running window
28-09-2026 today30-06-2027 close31-01-2028 deadline
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 16 September 2011, GESCKA was incorporated.1 Total assets went from EUR 461,551 in 2019 to EUR 505,502 in 2026 and headcount from 1.7 full-time equivalents in 2021 to 0.5 in 2026.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019, 2021 and 2026

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Financials · fiscal year 2026, micro schema

Equity
€271,648▲ 1.0%
2025 · €268,859
Total assets
€505,502▼ 17.0%
2025 · €609,227
Net result
€3,788▼ 93.9%
2025 · €62,472
Working capital
€235,438▲ 12.0%
2025 · €210,143
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20222023202420252026
Operating result€50,095▼ 21.9%€53,780▲ 7.4%€18,476▼ 65.6%€125,182▲ 578%€77,880▼ 37.8%
Net result-€277below the sector's middle half€6,852below the sector's middle half€5,719below the sector's middle half▼ 16.5%€62,472within the sector's middle half▲ 992%€3,788▼ 93.9%
Equity€252,816within the sector's middle half▼ 0.4%€258,669above the sector's middle half▲ 2.3%€263,387above the sector's middle half▲ 1.8%€268,859above the sector's middle half▲ 2.1%€271,648▲ 1.0%
Total assets€545,248above the sector's middle half▲ 7.8%€550,174above the sector's middle half▲ 0.9%€542,856above the sector's middle half▼ 1.3%€609,227above the sector's middle half▲ 12.2%€505,502▼ 17.0%
Debt€292,432▲ 16.0%€291,505▼ 0.3%€279,468▼ 4.1%€340,367▲ 21.8%€233,854▼ 31.3%
Working capital€89,567within the sector's middle half▲ 67.9%€50,334within the sector's middle half▼ 43.8%€61,579within the sector's middle half▲ 22.3%€210,143above the sector's middle half▲ 241%€235,438▲ 12.0%
Solvency46.4%within the sector's middle half▼ 3.8pp47.0%within the sector's middle half▲ 0.6pp48.5%within the sector's middle half▲ 1.5pp44.1%within the sector's middle half▼ 4.4pp53.7%▲ 9.6pp
Current ratio1.33within the sector's middle half▲ 0.121.17below the sector's middle half▼ 0.151.23below the sector's middle half▲ 0.051.68within the sector's middle half▲ 0.452.10▲ 0.42
Return on assets (ROA)-0.1%below the sector's middle half▼ 0.1pp1.2%below the sector's middle half▲ 1.3pp1.1%below the sector's middle half▼ 0.2pp10.3%within the sector's middle half▲ 9.2pp0.7%▼ 9.5pp
Staff (FTE)1.8▲ 5.9%1.8=1.8=1.8=0.5▼ 72.2%
above within below the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€50,000€0€50,000€100,000€150,000Operating result 2022: €50,095€50,095Net result 2022: -€277-€277Operating result 2023: €53,780€53,780Net result 2023: €6,852€6,852Operating result 2024: €18,476€18,476Net result 2024: €5,719€5,719Operating result 2025: €125,182€125,182Net result 2025: €62,472€62,472Operating result 2026: €77,880€77,880Net result 2026: €3,788€3,78820222023202420252026€0€50,000€100,000€150,000Operating result 2024: €18,476€18,500Net result 2024: €5,719€5,720Operating result 2025: €125,182€125,000Net result 2025: €62,472€62,500Operating result 2026: €77,880€77,900Net result 2026: €3,788€3,790202420252026
The operating result falls in 2026; 2026 is 38% below 2025.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €505,502
Fixed assets €56,225 ▼ 37.9%
Current assets €449,277 ▼ 13.4%
Equity and liabilities €505,502
Equity €271,648 ▲ 1.0%
Debt €233,854 ▼ 31.3%
Debt's share of the balance-sheet total falls from 55.9% to 46.3%. Equity is higher and debt is lower.
Key figures and ratios
2026 value · change against 2025
EBITDA
€98,502▼
2025 · €144,103
Cash flow
€24,410▼
2025 · €81,393
Debt to equity
0.86▼
2025 · 1.27
ROE
1.4%▼
2025 · 23.2%
Interest coverage
16.00▼
2025 · 19.33
Debt ≤ 1 year
€213,839▼
2025 · €308,479
Debt > 1 year
€20,016▼
2025 · €30,131
Income taxes
€4,401▼
2025 · €27,484
Staff costs
€19,383▼
2025 · €79,477
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 10,905 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.6% went bankrupt
4.0% stopped otherwise
95% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 10,905 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2026 against 2025 · 59 lines
Balance sheet Code20252026
Assets
Total assets20/58€609,227€505,502▼
Fixed assets21/28€90,604€56,225▼
Tangible fixed assets22/27€90,499€56,120▼
Land and buildings22€9,640€1,882▼
Plant, machinery and equipment23€26,589€22,242▼
Furniture and vehicles24€18,195€3,261▼
Leasing and similar rights25€36,075€28,735▼
Financial fixed assets28€105€105=
Current assets29/58€518,622€449,277▼
Amounts receivable within one year40/41€490,012€289,458▼
Trade receivables40€476,783€274,673▼
Other amounts receivable41€13,228€14,785▲
Current investments50/53-€125,000
Cash at bank and in hand54/58€14,610€16,366▲
Deferred charges and accrued income490/1€14,000€18,453▲
Equity and liabilities
Total equity and liabilities10/49€609,227€505,502▼
Equity10/15€268,859€271,648▲
Contributions10/11€12,400€12,400=
Reserves13€256,360€258,860▲
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Distributable reserves133€254,500€257,000▲
Profit (loss) carried forward14€99€388▲
Amounts payable17/49€340,367€233,854▼
Amounts payable after more than one year17€30,131€20,016▼
Financial debts170/4€30,131€20,016▼
Amounts payable within one year42/48€308,479€213,839▼
Current portion of amounts payable after more than one year42€11,470€6,623▼
Financial debts43€1,743€4,236▲
Credit institutions430/8€1,743€4,236▲
Trade debts44€7,896€2,158▼
Suppliers440/4€7,896€2,158▼
Taxes, remuneration and social security45€23,956€4,985▼
Taxes450/3€23,947€4,985▼
Remuneration and social security454/9€9-
Other amounts payable47/48€263,414€195,836▼
Accrued charges and deferred income492/3€1,757-
Income statement Code20252026
Non-recurring operating income76A€139,818€1,242▼
Remuneration, social security and pensions62€79,477€19,383▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18,921€20,622▲
Other operating charges640/8€3,859€3,099▼
Gross operating margin9900€227,439€120,984▼
Operating profit (loss)9901€125,182€77,880▼
Financial income75/76B-€1,134
Recurring financial income75-€1,134
Financial charges65/66B€35,226€70,825▲
Recurring financial charges65€7,453€6,155▼
Non-recurring financial charges66B€27,773€64,670▲
Profit (loss) for the period before taxes9903€89,956€8,189▼
Income taxes67/77€27,484€4,401▼
Profit (loss) for the period9904€62,472€3,788▼
Profit (loss) for the period to be appropriated9905€62,472€3,788▼
Appropriation of the result
Profit (loss) to be appropriated9906€63,099€3,888▼
Profit (loss) brought forward from the previous period14P€627€99▼
Transfer from equity791/2€56,000-
Transfer to equity691/2€62,000€2,500▼
To other reserves6921€62,000€2,500▼
Profit to be distributed694/7€57,000€1,000▼
Return on contributions (dividend)694€57,000€1,000▼

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20222023202420252026Change
Non-recurring operating income76A-€3,500-€139,818€1,242▼ 99.1%
Remuneration, social security and pensions62€62,064€75,542€73,752€79,477€19,383▼ 75.6%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€31,801€33,337€43,399€18,921€20,622▲ 9.0%
Other operating charges640/8€2,366€2,003€1,816€3,859€3,099▼ 19.7%
Gross operating margin9900€146,327€164,661€137,443€227,439€120,984▼ 46.8%
Operating profit (loss)9901€50,095€53,780€18,476€125,182€77,880▼ 37.8%
Financial income75/76B----€1,134-
Recurring financial income75----€1,134-
Financial charges65/66B€45,546€43,974€7,652€35,226€70,825▲ 101%
Recurring financial charges65€45,546€43,974€7,652€7,453€6,155▼ 17.4%
Non-recurring financial charges66B---€27,773€64,670▲ 133%
Profit (loss) for the period before taxes9903€4,549€9,805€10,825€89,956€8,189▼ 90.9%
Income taxes67/77€4,826€2,953€5,106€27,484€4,401▼ 84.0%
Profit (loss) for the period9904-€277€6,852€5,719€62,472€3,788▼ 93.9%
Transfer from tax-exempt reserves789€13,750-----
Profit (loss) for the period to be appropriated9905€13,473€6,852€5,719€62,472€3,788▼ 93.9%
Line20222023202420252026Change
Assets
Total assets20/58€545,248€550,174€542,856€609,227€505,502▼ 17.0%
Fixed assets21/28€181,956€210,590€210,869€90,604€56,225▼ 37.9%
Intangible fixed assets21€134,302€149,118€141,852---
Tangible fixed assets22/27€47,549€61,367€68,912€90,499€56,120▼ 38.0%
Land and buildings22€32,917€25,158€17,399€9,640€1,882▼ 80.5%
Plant, machinery and equipment23€3,252€30,372€26,787€26,589€22,242▼ 16.3%
Furniture and vehicles24€3,580€5,837€24,726€18,195€3,261▼ 82.1%
Leasing and similar rights25---€36,075€28,735▼ 20.3%
Assets under construction and advance payments27€7,800-----
Financial fixed assets28€105€105€105€105€105=
Current assets29/58€363,292€339,584€331,987€518,622€449,277▼ 13.4%
Amounts receivable within one year40/41€287,332€319,640€296,120€490,012€289,458▼ 40.9%
Trade receivables40€265,497€286,971€268,086€476,783€274,673▼ 42.4%
Other amounts receivable41€21,835€32,670€28,033€13,228€14,785▲ 11.8%
Current investments50/53----€125,000-
Cash at bank and in hand54/58€60,800€1,387€13,556€14,610€16,366▲ 12.0%
Deferred charges and accrued income490/1€15,160€18,556€22,312€14,000€18,453▲ 31.8%
Equity and liabilities
Total equity and liabilities10/49€545,248€550,174€542,856€609,227€505,502▼ 17.0%
Equity10/15€252,816€258,669€263,387€268,859€271,648▲ 1.0%
Contributions10/11€12,400€12,400€12,400€12,400€12,400=
Reserves13€237,860€244,660€250,360€256,360€258,860▲ 1.0%
Non-distributable reserves130/1€1,860€1,860€1,860€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860€1,860€1,860€1,860=
Distributable reserves133€236,000€242,800€248,500€254,500€257,000▲ 1.0%
Profit (loss) carried forward14€2,556€1,609€627€99€388▲ 290%
Amounts payable17/49€292,432€291,505€279,468€340,367€233,854▼ 31.3%
Amounts payable after more than one year17€15,706€2,256€8,557€30,131€20,016▼ 33.6%
Financial debts170/4€15,706€2,256€8,557€30,131€20,016▼ 33.6%
Amounts payable within one year42/48€273,726€289,249€270,408€308,479€213,839▼ 30.7%
Current portion of amounts payable after more than one year42€13,309€13,451€7,119€11,470€6,623▼ 42.3%
Financial debts43€1,711€1,716€31,748€1,743€4,236▲ 143%
Credit institutions430/8€1,711€1,716€31,748€1,743€4,236▲ 143%
Trade debts44€8,822€880€11,498€7,896€2,158▼ 72.7%
Suppliers440/4€8,822€880€11,498€7,896€2,158▼ 72.7%
Taxes, remuneration and social security45€9,399€16,916€17,354€23,956€4,985▼ 79.2%
Taxes450/3€8,208€15,176€14,194€23,947€4,985▼ 79.2%
Remuneration and social security454/9€1,191€1,740€3,160€9--
Other amounts payable47/48€240,484€256,286€202,689€263,414€195,836▼ 25.7%
Accrued charges and deferred income492/3€3,000-€503€1,757--
Line20222023202420252026Change
Profit (loss) for the period9904-€277€6,852€5,719€62,472€3,788▼ 93.9%
+ Depreciation and write-downs630€31,801€33,337€43,399€18,921€20,622▲ 9.0%
Operating cash flow (approximation)€31,524€40,189€49,117€81,393€24,410▼ 70.0%
Investment in fixed assets (approximation)--€61,971-€43,677€101,343€13,758▼ 86.4%
Change in cash--€59,413€12,169€1,054€1,756▲ 66.5%

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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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2027, expected by 31-01-2028
2026
16-09
NBB filing Annual accounts filed
fiscal year 2026 · micro schema
2025
31-12
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial Highest result since 2019net €62,472 ▲992%
Operating result €125,182, net result €62,472, both a record.
2024
23-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2023
03-11
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
30-06
Financial Back to profitnet €6,852
Net result €6,852 after one loss-making year.
2022
31-12
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
30-06
Financial Weakest financial yearnet -€277
Net result drops to -€277, the lowest in the series; recovery starts the following year.
2021
26-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2020
31-12
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2019
31-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
03-01
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2017
23-11
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Limbourg · 2 establishment units since 2011
seat establishment 1 of 2 establishment units on the map
Ground area
492 m²
Building footprint
107 m²
Volume, LiDAR
534 m³
Parcel 63046A0678/00A000, Wallonia · tallest building 6.6 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
GESCKA
Hors les Portes 57, 4830 LimbourgCertified accountants and tax accountants
since 20112.202.384.208
Espace du Lavoir Carbonisage 2, 4831 Limbourg
Certified accountants and tax accountants
since 20212.366.143.665
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
63046A0678/00A000
ProtectedSite or landscape
Wallonia 492 m² 1 · 107 m² 6.6 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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.

Recognitions · licences · registrations

Legal Entity Identifier

549300XDIK1Y22UEUF02
live in the LEI register

Similar companies · same sector, comparable size

Of 12,174 companies in sector 69201 we hold annual accounts for 7,641. 6,152 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
Founded16-09-2011
Fiscal year end30-06
Activities, NACEBEL 2025
69201Certified accountants and tax accountants
E-invoicing
Reachable via Peppol
Peppol ID 0208:0839357430
Registered 12-01-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

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