GESSO

Active

Private limited companyfounded 1967active for 59 yearsAvenue Thomas Edison 133, 1402 Nivelles, BelgiumKBO/BCE: BE 0401.481.713

Summary

GESSO has been active since 1967 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €534,584 and a net result of -€18,712. Equity is growing by about 3.2% per year across the filed financial years. Its solvency ranks better than 30% of 273 sector peers (NACE 32, financial year 2025). The computed 12-month bankruptcy probability is 1.4% (low).

Risk analysisFollow Report Compare

GESSOActiveChecked score 63/100

Risk analysis Report Compare

Activity

Other manufacturing not elsewhere classified

NACE 32990Manufacture of other non-metallic mineral products NACE 23620

Oldest company in Walloon Brabant, Other manufacturing sector2 sites

Size

€2.2mtotal assets 2025

Staff: 11.9 FTE
Equity: €534,584
Loss: -€18,712

Financial health

63 Healthy Checked score 2025

Bankruptcy probabilitywithin 12 months: 1.4%

Structure

PANIER AlainDirector
STORME BaudouinDirector

2025 accounts 15 days early1 of 2 deeds summarised

Why 63raises riskLiquidity: current ratio 1.02, cash €84,212Equity €534,584 (24.2% of total assets)Size: 11.9 FTE, total assets €2.2m1 of the last 3 lateShow the evidence

Checked score

Score 2025

63 / 100

Healthy

Probability in this band: 0.55% to 1.5%

Financially better than 32% of its sector peers (NACE 32, small)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Weak

Solvency 49-2

equity 24.2% of total assets

Liquidity 36-1

short-term debt 40.5% · cash 3.8%

Profitability 45-13

return on assets -0.8%

Bankruptcy probability, 12 months

1.4% Low

0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (112 companies, NACE 32, small)

Last 24 months 11-2024: 0.6% 12-2024: 0.6%● unchanged vs 11-2024 01-2025: 0.6%● unchanged vs 12-2024 02-2025: 0.6%● unchanged vs 01-2025 03-2025: 0.6%● unchanged vs 02-2025 04-2025: 0.6%● unchanged vs 03-2025lowest value 05-2025: 0.6%● unchanged vs 04-2025 06-2025: 0.6%● unchanged vs 05-2025 07-2025: 0.8%▲ +0.2 percentage points vs 06-2025 08-2025: 1.3%▲ +0.5 percentage points vs 07-2025 09-2025: 0.8%▼ -0.5 percentage points vs 08-2025 10-2025: 0.8%● unchanged vs 09-2025 11-2025: 0.8%● unchanged vs 10-2025 12-2025: 0.8%● unchanged vs 11-2025 01-2026: 0.8%● unchanged vs 12-2025 02-2026: 0.8%● unchanged vs 01-2026 03-2026: 0.8%● unchanged vs 02-2026 04-2026: 0.8%● unchanged vs 03-2026 05-2026: 0.8%● unchanged vs 04-2026 06-2026: 0.8%● unchanged vs 05-2026 07-2026: 0.8%● unchanged vs 06-2026 08-2026: 1.4%▲ +0.6 percentage points vs 07-2026highest value 09-2026: 1.4%● unchanged vs 08-2026highest value 10-2026: 1.4%● unchanged vs 09-2026highest value

Credit of up to €30,000 on 30-day terms is acceptable

Liquidity tight (current ratio 1.02, compared with 1.05 in 2024, below the usual 1.5; short-term debt: 40.5% and cash: 3.8% of total assets), and 75.8% 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 32, small): better than 24% on solvency, 37% on liquidity, 34% on profitability and 34% on growth.

The bankruptcy probability was computed on 24-10-2026 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.

raises riskneutral

Liquidity: current ratio 1.02, cash €84,212

NBB · annual accounts

Equity €534,584 (24.2% of total assets)

NBB · annual accounts

Size: 11.9 FTE, total assets €2.2m

Companies of this size fail more often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

1 of the last 3 late

NBB · filings

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-07-2026, 15 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

15 days early

2024

29 days late

2023

31 days late

2022

28 days late

2021

30 days late

2020

23 days late

2019

49 days late

← 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 25 days after the deadline; the sector median (NACE 32) for financial year 2024 is 2 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)

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 29 August (4 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

24-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

16-07-2026 Annual accounts filedfinancial year 2025 · abbreviated…
29-08-2025 Annual accounts filedfinancial year 2024 · full…
31-08-2024 Annual accounts filedfinancial year 2023 · full…

Key points

Caution: From profit to loss in 2025after €34,279 in 2024 -€18,712 View
Positive: Oldest company in Walloon Brabant, Other manufacturing sectorin the Checked rankings No. 1 View
Active since 1967founded 31-05-1967 59 years View

By topic

Financials

Financial year: 2025
Total assets: €2.2m
Loss: -€18,712
Solvency: 24.2%

Total assets▲ 4.4%

Net result

20182025

Go to Financials

Board & ownership

Board: 2 members

PANIER AlainDirector
STORME BaudouinDirector

Go to Board & ownership

Timeline

Events: 40
Since: 1986
Next accounts: by 31-07-2027

31-12-2023Back to profit
31-12-2023Equity above €500,000
22-12-2023Resignations: PANIER Alain (administrateur non statutaire anciennement…

Go to Timeline

Company details

Sites: 2

Legal form: Private limited company
Activity: Other manufacturing not elsewhere classifiedNACE 32990
Founded: 31-05-1967
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 31

Annual meeting: Last Friday of June at 18:00
Purpose: “Le commerce sous toutes ses formes(achat,vente,importation,exportation,représentation,cour…” (deed in French)

Go to Articles of association

Key facts about GESSO

What is the company number of GESSO?: 0401.481.713. In Belgium the VAT number is the company number with BE in front: BE 0401.481.713.
Where is GESSO based?: The registered office is at Avenue Thomas Edison 133, 1402 Nivelles.Company details
What does GESSO do?: According to the KBO register, the main activity is other manufacturing not elsewhere classified (NACE 32990).
What is the legal form of GESSO?: Private limited company (BV).
When was GESSO founded?: On 31-05-1967.
Is GESSO still active?: Yes, GESSO is an active enterprise in the KBO register.
How many employees does GESSO have?: On average 11.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of GESSO?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is GESSO profitable?: In financial year 2025, GESSO made a loss of €18,712.
Where can I find the annual accounts of GESSO?: GESSO filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of GESSO due?: By 31-07-2027, for financial year 2026.Timeline