GESKENS
ActiveSummary
GESKENS has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €237,782 and a net result of €6,245. Equity is growing by ~10.4% per year across the filed fiscal years. Its solvency ranks better than 76% of 7500 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability71▼-20
Solvency93▼-3
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €20,000 at 30 days acceptable
Liquidity ample (current ratio 5.47 against 9.48 in 2024; short-term debt: 11.9% and cash: 61.5% of total assets), and 31.6% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
68.4%
Return on assets
1.8%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
68 d late
2023
58 d late
2022
60 d late
2021
31 d early
2020
37 d early
2019
8 d early
← before the deadline
after the deadline →
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
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€237,782▼ 17.4%
2024 · €287,955
Total assets
€347,788▼ 13.8%
2024 · €403,540
Net result
€6,245▼ 91.3%
2024 · €72,178
Working capital
€184,763▼ 26.5%
2024 · €251,484
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
Operating result-€3,438€82,753€18,316▼ 77.9%€102,382▲ 459%€14,343▼ 86.0%
Net result-€9,141€50,768€15,169▼ 70.1%€72,178▲ 376%€6,245▼ 91.3%
Equity€149,839▼ 5.7%€200,608▲ 33.9%€215,777▲ 7.6%€287,955▲ 33.5%€237,782▼ 17.4%
Total assets€326,464▼ 14.9%€368,594▲ 12.9%€360,777▼ 2.1%€403,540▲ 11.9%€347,788▼ 13.8%
Debt€176,625▼ 27.4%€141,267▼ 20.0%€124,961▼ 11.5%€72,232▼ 42.2%€73,332▲ 1.5%
Working capital-€20,567€95,787€36,552▼ 61.8%€251,484▲ 588%€184,763▼ 26.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 86% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €347,788
Fixed assets
€121,694 ▼ 0.6%
Current assets
€226,094 ▼ 19.6%
Equity and liabilities €347,788
Equity
€237,782 ▼ 17.4%
Provisions
€36,674 ▼ 15.4%
Debt
€73,332 ▲ 1.5%
Debt's share of the balance-sheet total rises from 17.9% to 21.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€27,252▼
2024 · €117,906
Cash flow
€19,154▼
2024 · €87,702
Current ratio
5.47▼
2024 · 9.48
Debt to equity
0.31▲
2024 · 0.25
ROE
2.6%▼
2024 · 25.1%
ROA
1.8%▼
2024 · 17.9%
Interest coverage
9.37▼
2024 · 24.90
Debt ≤ 1 year
€41,330▲
2024 · €29,649
Debt > 1 year
€30,663▼
2024 · €42,008
Income taxes
€13,998▲
2024 · €2,303
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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €133,595 | - | €119,978 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €21,356 | €17,724 | €19,880 | €15,524 | €12,910 | ▼ 16.8% |
| Other operating charges640/8 | €2,823 | €10,666 | €11,722 | €8,072 | €3,503 | ▼ 56.6% |
| Gross operating margin9900 | €20,742 | €111,144 | €49,918 | €125,978 | €30,756 | ▼ 75.6% |
| Operating profit (loss)9901 | -€3,438 | €82,753 | €18,316 | €102,382 | €14,343 | ▼ 86.0% |
| Financial income75/76B | - | €55 | €82 | €149 | €2,130 | ▲ 1,334% |
| Recurring financial income75 | - | €55 | €82 | €149 | €2,130 | ▲ 1,334% |
| Financial charges65/66B | €5,341 | €4,939 | €4,027 | €4,735 | €2,910 | ▼ 38.5% |
| Recurring financial charges65 | €5,341 | €4,939 | €4,027 | €4,735 | €2,910 | ▼ 38.5% |
| Profit (loss) for the period before taxes9903 | -€8,779 | €77,870 | €14,372 | €97,796 | €13,563 | ▼ 86.1% |
| Transfer from deferred taxes780 | - | €6,680 | €6,680 | €6,680 | €6,680 | = |
| Transfer to deferred taxes680 | - | €33,399 | - | €29,994 | - | - |
| Income taxes67/77 | €362 | €383 | €5,883 | €2,303 | €13,998 | ▲ 508% |
| Profit (loss) for the period9904 | -€9,141 | €50,768 | €15,169 | €72,178 | €6,245 | ▼ 91.3% |
| Transfer from tax-exempt reserves789 | - | €20,039 | €20,039 | €20,039 | €20,039 | = |
| Transfer to tax-exempt reserves689 | - | €100,196 | - | €89,983 | - | - |
| Profit (loss) for the period to be appropriated9905 | -€9,141 | -€29,389 | €35,208 | €2,234 | €26,284 | ▲ 1,077% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €326,464 | €368,594 | €360,777 | €403,540 | €347,788 | ▼ 13.8% |
| Formation expenses20 | - | - | - | - | €0 | - |
| Fixed assets21/28 | €295,338 | €238,844 | €286,810 | €122,407 | €121,694 | ▼ 0.6% |
| Tangible fixed assets22/27 | €295,338 | €238,844 | €286,810 | €122,407 | €121,694 | ▼ 0.6% |
| Land and buildings22 | €277,872 | €218,153 | €272,523 | €109,728 | €101,954 | ▼ 7.1% |
| Plant, machinery and equipment23 | €1,968 | €1,852 | €2,134 | €7,213 | €12,868 | ▲ 78.4% |
| Furniture and vehicles24 | €15,498 | €18,839 | €12,153 | €5,467 | €6,872 | ▲ 25.7% |
| Current assets29/58 | €31,126 | €129,750 | €73,967 | €281,133 | €226,094 | ▼ 19.6% |
| Stocks and contracts in progress3 | €221 | €221 | €221 | - | - | - |
| Stocks30/36 | €221 | €221 | €221 | - | - | - |
| Amounts receivable within one year40/41 | €4,674 | €36 | €5,862 | €7,273 | €5,983 | ▼ 17.7% |
| Trade receivables40 | - | - | €3,180 | €1,682 | €3,037 | ▲ 80.6% |
| Other amounts receivable41 | €4,674 | €36 | €2,682 | €5,591 | €2,946 | ▼ 47.3% |
| Cash at bank and in hand54/58 | €20,814 | €128,999 | €66,064 | €264,801 | €213,949 | ▼ 19.2% |
| Deferred charges and accrued income490/1 | €5,417 | €494 | €1,820 | €9,058 | €6,161 | ▼ 32.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €326,464 | €368,594 | €360,777 | €403,540 | €347,788 | ▼ 13.8% |
| Equity10/15 | €149,839 | €200,608 | €215,777 | €287,955 | €237,782 | ▼ 17.4% |
| Contributions10/11 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €131,247 | €211,404 | €226,573 | €269,363 | €219,190 | ▼ 18.6% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | - | - | - | - |
| Tax-exempt reserves132 | - | €80,157 | €60,118 | €130,062 | €110,023 | ▼ 15.4% |
| Distributable reserves133 | €129,387 | €129,387 | €166,456 | €139,301 | €109,167 | ▼ 21.6% |
| Profit (loss) carried forward14 | - | -€29,389 | -€29,389 | - | - | - |
| Provisions and deferred taxes16 | - | €26,719 | €20,039 | €43,354 | €36,674 | ▼ 15.4% |
| Deferred taxes168 | - | €26,719 | €20,039 | €43,354 | €36,674 | ▼ 15.4% |
| Amounts payable17/49 | €176,625 | €141,267 | €124,961 | €72,232 | €73,332 | ▲ 1.5% |
| Amounts payable after more than one year17 | €124,612 | €106,353 | €87,546 | €42,008 | €30,663 | ▼ 27.0% |
| Financial debts170/4 | €123,982 | €106,353 | €87,546 | €41,378 | €30,033 | ▼ 27.4% |
| Other amounts payable178/9 | €630 | - | - | €630 | €630 | = |
| Amounts payable within one year42/48 | €51,693 | €33,963 | €37,415 | €29,649 | €41,330 | ▲ 39.4% |
| Current portion of amounts payable after more than one year42 | €27,321 | €18,259 | €18,837 | €10,061 | €12,177 | ▲ 21.0% |
| Financial debts43 | - | - | €1,667 | €1,693 | - | - |
| Credit institutions430/8 | - | - | €1,667 | €1,693 | - | - |
| Trade debts44 | €3,178 | €1,053 | €1,328 | €5,540 | €4,753 | ▼ 14.2% |
| Suppliers440/4 | €3,178 | €1,053 | €1,328 | €5,540 | €4,753 | ▼ 14.2% |
| Taxes, remuneration and social security45 | €3,083 | €338 | €7,104 | €4,436 | €13,933 | ▲ 214% |
| Taxes450/3 | €1,967 | €338 | €5,989 | €4,436 | €13,933 | ▲ 214% |
| Remuneration and social security454/9 | €1,116 | - | €1,116 | - | - | - |
| Other amounts payable47/48 | €18,112 | €14,314 | €8,478 | €7,919 | €10,468 | ▲ 32.2% |
| Accrued charges and deferred income492/3 | €320 | €952 | - | €575 | €1,339 | ▲ 133% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€9,141 | €50,768 | €15,169 | €72,178 | €6,245 | ▼ 91.3% |
| + Depreciation and write-downs630 | €21,356 | €17,724 | €19,880 | €15,524 | €12,910 | ▼ 16.8% |
| Operating cash flow (approximation) | €12,215 | €68,492 | €35,049 | €87,702 | €19,154 | ▼ 78.2% |
| Investment in fixed assets (approximation) | - | €38,770 | -€67,846 | €148,878 | -€12,197 | ▼ 108% |
| Change in cash | - | €108,185 | -€62,934 | €198,737 | -€50,852 | ▼ 126% |
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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
07-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 68 days late
2024
31-12
Financial
Highest result since 2018net €72,178 ▲376%
Operating result €102,382, net result €72,178, both a record.
31-12
Financial
Liquidity times 5current ratio 9.48
Current ratio from 1.98 to 9.48; short-term debt falls from €37,415 to €29,649.
27-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 58 days late
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
31-12
Financial
Back to profitnet €50,768
Net result €50,768 after one loss-making year.
31-12
Financial
Liquidity times 6current ratio 3.82
Current ratio from 0.60 to 3.82; short-term debt falls from €51,693 to €33,963.
31-12
Financial
Equity above €200,000Eq €200,608 ▲33.9%
Equity rises from €149,839 to €200,608.
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet -€9,141
Net result drops to -€9,141, the lowest in the series; recovery starts the following year.
24-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Show earlier events
2020
31-12
Financial
Equity above €150,000Eq €158,981 ▲13.2%
3 profitable years in a row build equity to €158,981.
23-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
21-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 21 days late
2017
21-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 21 days late
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.
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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, Tessenderlo-Ham · 1 establishment unit since 1994
Ground area
876 m²
Building footprint
181 m²
Volume, LiDAR
928 m³
Parcel 71364D0640/00A003, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Engsbergseweg 67A, 3980 Tessenderlo-Ham
since 19942.068.945.464
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71364D0640/00A003 | Flanders | 876 m² | 1 · 181 m² | 8.1 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.
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Of 29,787 companies in sector 41001 we hold annual accounts for 16,039. 11,643 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
Founded09-09-1994
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43331Floor and wall tiling
Scores and ratios are computed by Checked and are not a credit decision.