GESTEFIC
ActiveSummary
The computed 12-month bankruptcy probability of GESTEFIC is 3.8% (moderate). The 2025 annual accounts show negative equity (-€30,898) and a net result of -€702. Equity is shrinking by ~24.1% per year across the filed fiscal years. Its solvency ranks better than 5% of 826 sector peers (fiscal year 2025). The company has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-100
Solvency0=
Growth48▼-1
Track record100
Bankruptcy probability, 12 months
3.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six 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 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Age of the figures
Age of the figures
9 mo
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
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€30,898
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-08-2026, 23 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
23 d late
2024
22 d late
2023
24 d late
2022
27 d late
2021
11 d late
2020
17 d late
2019
24 d 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 21 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.
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
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
Turnover
€59,212▼ 9.1%
2024 · €65,120
EBIT margin
0.9%▼ 10.3pp
2024 · 11.2%
Net result
-€702
2024 · €5,783
Working capital
-€32,695▼ 6.2%
2024 · -€30,786
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service 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
Line20212022202320242025
Turnover€39,253▲ 11.0%€54,486▲ 38.8%€59,450▲ 9.1%€65,120▲ 9.5%€59,212▼ 9.1%
Operating result€752-€5,905-€12,887▼ 118%€7,304€518▼ 92.9%
Net result-€261within the sector's middle half▲ 95.6%-€7,049within the sector's middle half▼ 2,601%-€14,408within the sector's middle half▼ 104%€5,783within the sector's middle half-€702
EBIT margin1.9%▲ 15.6pp-10.8%▼ 12.8pp-21.7%▼ 10.8pp11.2%▲ 32.9pp0.9%▼ 10.3pp
Equity-€14,522below the sector's middle half▼ 1.8%-€21,571below the sector's middle half▼ 48.5%-€35,979below the sector's middle half▼ 66.8%-€30,196below the sector's middle half▲ 16.1%-€30,898▼ 2.3%
Total assets€12,843below the sector's middle half▲ 55.0%€8,450below the sector's middle half▼ 34.2%€2,040below the sector's middle half▼ 75.9%€6,587below the sector's middle half▲ 223%€4,178▼ 36.6%
Debt€27,365▲ 21.4%€30,021▲ 9.7%€38,019▲ 26.6%€36,783▼ 3.3%€35,076▼ 4.6%
Working capital-€14,131within the sector's middle half▼ 1.9%-€21,180within the sector's middle half▼ 49.9%-€33,239within the sector's middle half▼ 56.9%-€30,786within the sector's middle half▲ 7.4%-€32,695▼ 6.2%
Solvency-113.1%below the sector's middle half▲ 59.0pp-255.3%below the sector's middle half▼ 142.2pp-458.4%below the sector's middle half
Current ratio0.47below the sector's middle half▲ 0.110.28below the sector's middle half▼ 0.190.15below the sector's middle half
Return on assets (ROA)-2.0%below the sector's middle half▲ 69.2pp-83.4%below the sector's middle half▼ 81.4pp87.8%above the sector's middle half
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 93% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4,178
Fixed assets
€1,798 ▲ 47.4%
Current assets
€2,380 ▼ 55.6%
Key figures and ratios
Debt ≤ 1 year
€35,076▼
2024 · €36,153
Ratios withheld: a balance sheet total of €4,178 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,639 companies that looked in July 2024 the way this one looks now, 4.1% went bankrupt within 24 months and 84% are still going.
- Micro
- 20 years or older
- negative equity
- a loss of 10% of the balance sheet or more
4.1%
went bankrupt
9.8%
stopped otherwise
84%
still going
A further 2.0% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 3.8% 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%.
| 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 6,639 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €39,253 | €54,486 | €59,450 | €65,120 | €59,212 | ▼ 9.1% |
| Goods, raw materials, services and sundry goods60/61 | €36,269 | €52,471 | €63,178 | - | - | - |
| Gross operating margin9900 | €752 | -€5,905 | -€12,887 | €7,304 | €518 | ▼ 92.9% |
| Operating profit (loss)9901 | €752 | -€5,905 | -€12,887 | €7,304 | €518 | ▼ 92.9% |
| Financial charges65/66B | €1,013 | €1,144 | €1,521 | €1,521 | €1,220 | ▼ 19.8% |
| Recurring financial charges65 | €1,013 | €1,144 | €1,521 | €1,521 | €1,220 | ▼ 19.8% |
| Profit (loss) for the period before taxes9903 | -€261 | -€7,049 | -€14,408 | €5,783 | -€702 | ▼ 112% |
| Profit (loss) for the period9904 | -€261 | -€7,049 | -€14,408 | €5,783 | -€702 | ▼ 112% |
| Profit (loss) for the period to be appropriated9905 | -€261 | -€7,049 | -€14,408 | €5,783 | -€702 | ▼ 112% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €12,843 | €8,450 | €2,040 | €6,587 | €4,178 | ▼ 36.6% |
| Fixed assets21/28 | €326 | €326 | €326 | €1,220 | €1,798 | ▲ 47.4% |
| Tangible fixed assets22/27 | - | - | - | €894 | €1,472 | ▲ 64.6% |
| Plant, machinery and equipment23 | - | - | - | €894 | €1,472 | ▲ 64.6% |
| Financial fixed assets28 | €326 | €326 | €326 | €326 | €326 | = |
| Current assets29/58 | €12,517 | €8,124 | €1,714 | €5,367 | €2,380 | ▼ 55.6% |
| Stocks and contracts in progress3 | €308 | €965 | €780 | €1,009 | €829 | ▼ 17.8% |
| Stocks30/36 | €308 | €965 | €780 | €1,009 | €779 | ▼ 22.7% |
| Contracts in progress37 | - | - | - | - | €50 | - |
| Amounts receivable within one year40/41 | €4,604 | €3,313 | €626 | €959 | €506 | ▼ 47.2% |
| Trade receivables40 | €582 | €925 | - | - | - | - |
| Other amounts receivable41 | €4,022 | €2,388 | €626 | €959 | €506 | ▼ 47.2% |
| Cash at bank and in hand54/58 | €7,605 | €3,846 | €308 | €3,302 | €786 | ▼ 76.2% |
| Deferred charges and accrued income490/1 | - | - | - | €97 | €259 | ▲ 167% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €12,843 | €8,450 | €2,040 | €6,587 | €4,178 | ▼ 36.6% |
| Equity10/15 | -€14,522 | -€21,571 | -€35,979 | -€30,196 | -€30,898 | ▼ 2.3% |
| Contributions10/11 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Capital10 | - | - | - | - | €18,592 | - |
| Issued capital100 | - | - | - | - | €18,592 | - |
| Profit (loss) carried forward14 | -€33,114 | -€40,163 | -€54,571 | -€48,788 | -€49,490 | ▼ 1.4% |
| Amounts payable17/49 | €27,365 | €30,021 | €38,019 | €36,783 | €35,076 | ▼ 4.6% |
| Amounts payable after more than one year17 | - | - | €2,750 | €630 | - | - |
| Financial debts170/4 | - | - | €2,750 | €630 | - | - |
| Amounts payable within one year42/48 | €26,648 | €29,304 | €34,953 | €36,153 | €35,076 | ▼ 3.0% |
| Taxes, remuneration and social security45 | - | - | - | - | €722 | - |
| Remuneration and social security454/9 | - | - | - | - | €722 | - |
| Other amounts payable47/48 | €26,648 | €29,304 | €34,953 | €36,153 | €34,353 | ▼ 5.0% |
| Accrued charges and deferred income492/3 | €717 | €717 | €316 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€261 | -€7,049 | -€14,408 | €5,783 | -€702 | ▼ 112% |
| Operating cash flow (approximation) | -€261 | -€7,049 | -€14,408 | €5,783 | -€702 | ▼ 112% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€894 | -€578 | ▲ 35.4% |
| Change in cash | - | -€3,759 | -€3,538 | €2,994 | -€2,516 | ▼ 184% |
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
23-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 23 days late
2025
22-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 22 days late
2024
31-12
Financial
Back to profitnet €5,783
Net result €5,783 after 6 loss-making years.
24-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 24 days late
2023
31-12
Financial
Weakest financial yearnet -€14,408
Net result drops to -€14,408, the lowest in the series; recovery starts the following year.
27-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 27 days late
2022
11-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 11 days late
2021
17-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 17 days late
2020
24-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 24 days late
2019
25-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 25 days late
2018
15-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 15 days late
2017
18-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 18 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 1989
Ground area
115 m²
Building footprint
116 m²
Volume, LiDAR
1,247 m³
Parcel 21805E0443/00F002, Brussels · tallest building 18.7 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Montoyerstraat 62, 1000 Brussel
since 19892.045.789.980
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21805E0443/00F002 | Brussels | 115 m² | 1 · 116 m² | 18.7 m · 4 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteBrussel2.045.789.980
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Of 20,505 companies in sector 56111 we hold annual accounts for 11,464. 2,566 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 (pre-2019)
Founded28-11-1989
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
69109Other legal services
56210Event catering
E-invoicing
Reachable via Peppol
Peppol ID
0208:0438938559
Also
9925:BE0438938559
Registered
13-10-2025
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.