GESIM CO
ActiveSummary
GESIM CO has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €324,560 and a net result of -€6,796. The figures fluctuate too strongly year-on-year for a reliable trend projection. The computed 12-month bankruptcy probability is 0.8% (low).
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Signals
This company filed its last 7 accounts on average 14 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
History
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Financials · fiscal year 2024, abbreviated schema
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Peer companies
Historical observationOf the 8,611 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a small loss
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 0.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 8,611 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.
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14,572 | €15,687 | €14,958 | €15,243 | €15,600 | ▲ 2.3% |
| Other operating charges640/8 | - | €3,560 | €3,638 | €3,983 | €4,130 | ▲ 3.7% |
| Gross operating margin9900 | €28,888 | €25,129 | €24,093 | €20,160 | €19,362 | ▼ 4.0% |
| Operating profit (loss)9901 | €10,779 | €5,882 | €5,498 | €934 | -€368 | ▼ 139% |
| Recurring financial income75 | €238 | - | - | - | - | - |
| Financial charges65/66B | - | €17,188 | €17,174 | €7,043 | €6,428 | ▼ 8.7% |
| Recurring financial charges65 | €16,808 | €17,188 | €17,174 | €7,043 | €6,428 | ▼ 8.7% |
| Profit (loss) for the period before taxes9903 | -€5,791 | -€11,306 | -€11,677 | -€6,109 | -€6,796 | ▼ 11.2% |
| Profit (loss) for the period9904 | -€5,791 | -€11,306 | -€11,677 | -€6,109 | -€6,796 | ▼ 11.2% |
| Profit (loss) for the period to be appropriated9905 | -€5,791 | -€11,306 | -€11,677 | -€6,109 | -€6,796 | ▼ 11.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €543,537 | €542,203 | €533,384 | €536,744 | €531,587 | ▼ 1.0% |
| Fixed assets21/28 | €537,177 | €537,602 | €528,638 | €523,333 | €516,617 | ▼ 1.3% |
| Tangible fixed assets22/27 | €537,177 | €537,602 | €528,638 | €523,333 | €516,617 | ▼ 1.3% |
| Land and buildings22 | - | €537,436 | €528,638 | €523,333 | €516,617 | ▼ 1.3% |
| Plant, machinery and equipment23 | - | €165 | - | - | - | - |
| Current assets29/58 | €6,360 | €4,601 | €4,746 | €13,411 | €14,970 | ▲ 11.6% |
| Cash at bank and in hand54/58 | €2,870 | €984 | €815 | €9,156 | €10,528 | ▲ 15.0% |
| Deferred charges and accrued income490/1 | - | €3,618 | €3,931 | €4,255 | €4,442 | ▲ 4.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €543,537 | €542,203 | €533,384 | €536,744 | €531,587 | ▼ 1.0% |
| Equity10/15 | -€14,552 | -€25,858 | €62,465 | €331,356 | €324,560 | ▼ 2.1% |
| Contributions10/11 | €100,000 | €217,580 | €317,580 | €592,580 | €592,580 | = |
| Capital10 | - | €100,000 | €200,000 | €475,000 | €475,000 | = |
| Issued capital100 | - | €100,000 | €475,000 | €475,000 | €475,000 | = |
| Uncalled capital101 | - | - | €275,000 | - | - | - |
| Outside capital11 | - | €117,580 | €117,580 | €117,580 | €117,580 | = |
| Share premium1100/10 | - | €117,580 | €117,580 | €117,580 | €117,580 | = |
| Reserves13 | €6,022 | €6,022 | €6,022 | €6,022 | €6,022 | = |
| Non-distributable reserves130/1 | - | €3,273 | €3,273 | €3,273 | €3,273 | = |
| Other1319 | - | €3,273 | €3,273 | €3,273 | €3,273 | = |
| Distributable reserves133 | - | €2,750 | €2,750 | €2,750 | €2,750 | = |
| Profit (loss) carried forward14 | -€238,155 | -€249,461 | -€261,137 | -€267,247 | -€274,043 | ▼ 2.5% |
| Amounts payable17/49 | €558,089 | €568,061 | €470,919 | €205,388 | €207,028 | ▲ 0.8% |
| Amounts payable after more than one year17 | €517,000 | €517,000 | €417,000 | €170,000 | €170,000 | = |
| Other amounts payable178/9 | - | €517,000 | €417,000 | €170,000 | €170,000 | = |
| Amounts payable within one year42/48 | €31,452 | €41,424 | €35,298 | €26,897 | €29,153 | ▲ 8.4% |
| Trade debts44 | €22,207 | €27,582 | €12,690 | €8,152 | €14,184 | ▲ 74.0% |
| Suppliers440/4 | - | €27,582 | €12,690 | €8,152 | €14,184 | ▲ 74.0% |
| Other amounts payable47/48 | - | €13,842 | €22,608 | €18,744 | €14,969 | ▼ 20.1% |
| Accrued charges and deferred income492/3 | - | €9,638 | €18,621 | €8,492 | €7,875 | ▼ 7.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€5,791 | -€11,306 | -€11,677 | -€6,109 | -€6,796 | ▼ 11.2% |
| + Depreciation and write-downs630 | €14,572 | €15,687 | €14,958 | €15,243 | €15,600 | ▲ 2.3% |
| Operating cash flow (approximation) | €8,781 | €4,381 | €3,281 | €9,134 | €8,804 | ▼ 3.6% |
| Investment in fixed assets (approximation) | - | -€16,111 | -€5,995 | -€9,938 | -€8,884 | ▲ 10.6% |
| Change in cash | - | -€1,886 | -€169 | €8,341 | €1,372 | ▼ 83.5% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73009A0287/00P000 | Flanders | 1,351 m² | 1 · 357 m² | 26.6 m · 5 fl. |
Linked by address, not proof of ownership
Identification & contact
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Register as of 29 September 2026 · Peppol Directory
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