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Gescova

Active
Public limited companyfounded 1968active for 58 yearsAlbertstraat 34, 8560 Wevelgem, BelgiumKBO/BCE: BE 0406.355.962
Summary

Gescova has been active since 1968 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.9m and a net result of €824,872. Equity remains stable across the filed financial years (±0.2% per year). Its solvency ranks better than 65% of 5,025 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisFollow ReportCompare
GescovaActiveChecked score 92/100
Risk analysis ReportCompare

Overview

Activity
Retail sale of other sporting goods
NACE 47639Wholesale trade NACE 46471
4th oldest company in Wevelgem, Wholesale and retail trade sector1 site
Size
≈ €6.1mturnover 2025, estimated
Staff
7.7 FTE
Equity
€2.9m
Profit
€824,872
Turnover estimated from the gross margin
Financial health
92 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Parent
Plush · 100%
  • PlushManaging director · permanent representative Gesquière Frederik
2025 accounts 32 days early1 of 5 deeds summarised
Why 92raises riskSector: Retail trade (NACE 47)lowers riskSize: 7.7 FTE, total assets €5.7mFounded in 1968Profit of €824,872 (financial year 2025)Show the evidence

Checked score

Score 2025
92 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 47% of its sector peers (NACE 47, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 75-25
equity 50.1% of total assets
Liquidity 32-33
short-term debt 48.6% · cash 4.9%
Profitability 87+1
return on assets 14.4%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,259 companies, NACE 47, micro)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: 0.1%▲ +0.1 percentage points vs 06-2025 08-2025: < 0.1%▼ -0.1 percentage points vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026lowest value 03-2026: < 0.1%● unchanged vs 02-2026lowest value 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: 0.1%▲ +0.1 percentage points vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026highest value
Credit of up to €260,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.01, compared with 8.42 in 2024, above the usual 1.5; short-term debt: 48.6% and cash: 4.9% of total assets), and 49.9% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro): better than 64% on solvency, 29% on liquidity, 81% on profitability and 12% on growth.

The bankruptcy probability was computed on 28-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: 7.7 FTE, total assets €5.7m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Founded in 1968
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Profit of €824,872 (financial year 2025)
NBB · annual accounts
raises risk · Sector: Retail trade (NACE 47)
KBO
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 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
32 days early
2024
24 days early
2023
29 days early
2022
17 days early
2021
12 days early
2020
8 days early
2019
7 days 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 18 days before the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 7 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
29-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Annual accounts filedfinancial year 2024 · abbreviated…
  3. Liquidity more than doubledcurrent ratio 8.42

Key points

  • Positive: Among the best 8% on net resultsector median €40,073 · 5,024 companies €824,872 View
  • Caution: Equity fell in 2025from €5.0m to €2.9m ▼ 42.1% View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2025: €824,872 8 years View
  • Controlled by Plush 100% View
  • Active since 1968founded 24-05-1968 58 years View
  • Flemish supportawarded from 2022 to 2025 €59,961 View

By topic

Financials

Financial year
2025
Total assets
€5.7m
Profit
€824,872
Solvency
50.1%
Total assets▲ 0.2%
Net result
20182025
Go to Financials

Timeline

Events
54
Since
1978
Next accounts
by 31-07-2027
  1. 02-07-2024Annual accounts filed
  2. 31-12-2023Highest result from 2018 to 2025
  3. 29-11-2023Resignations: F.T.S. INVESTMENTS, Gesquière Frederik and Gesquière…
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Retail sale of other sporting goodsNACE 47639
Founded
24-05-1968
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
14
Annual meeting
First Thursday of June at 14:00
Purpose
“De handel,zowel voor rekening van derden als voor eigen rekening,in…” (deed in Dutch)
Go to Articles of association

Key facts about Gescova

What is the company number of Gescova?
0406.355.962. In Belgium the VAT number is the company number with BE in front: BE 0406.355.962.
Where is Gescova based?
The registered office is at Albertstraat 34, 8560 Wevelgem.Company details
What does Gescova do?
According to the KBO register, the main activity is retail sale of other sporting goods (NACE 47639).
What is the legal form of Gescova?
Public limited company (NV).
When was Gescova founded?
On 24-05-1968.
Is Gescova still active?
Yes, Gescova is an active enterprise in the KBO register.
How many employees does Gescova have?
On average 7.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Gescova?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is Gescova profitable?
In financial year 2025, Gescova made a profit of €824,872.
Where can I find the annual accounts of Gescova?
Gescova filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Gescova due?
By 31-07-2027, for financial year 2026.Timeline

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