Equity
€101,933 ▲ 71.8%
GESTEKO has made a profit without a break since 2014.
GESTEKO
Lifetime
12 annual accounts with figures on one time axisGross marginpeak €191,838 (2017)
€84,253▲ 176%
Resultlowest -€2,928 (2013)
€49,209▲ 88×
Equitypeak €101,933 (2025)
€101,933▲ 71.8%
Debts
€210,973▼ 5.2%
Board3 names since 2012
3 directorsDe Caluwe Geert and 2 others
Documentsfilings and deeds
31-10-2025on the last day
2025abbreviated format
Gross margin from €30,580 to €84,253Result from €561 to €49,209Dividend €6,609Equity from €59,333 to €101,933Investments €17,383Cash from €5,189 to €119,541
Key points
from the 2025 annual accountsInvestments
€17,383 2.2 × depreciation
Green is investment, beige is depreciation.
Filings
12 annual accounts 6 days past the deadline
2026 accounts not filed: deadline was 31-10-2026.
Checked score
85
Excellent
Financially stronger than 64% of micro companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,692 companies (NACE 43, micro).
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.5%
01-2025: 0.5%● unchanged vs 12-2024
02-2025: 0.5%● unchanged vs 01-2025
03-2025: 0.5%● unchanged vs 02-2025
04-2025: 0.5%● unchanged vs 03-2025
05-2025: 0.5%● unchanged vs 04-2025
06-2025: 0.5%● unchanged vs 05-2025
07-2025: 0.6%▲ +0.1 percentage points vs 06-2025
08-2025: 0.5%▼ -0.1 percentage points vs 07-2025
09-2025: 0.5%● unchanged vs 08-2025
10-2025: 0.7%▲ +0.2 percentage points vs 09-2025highest value
11-2025: 0.2%▼ -0.5 percentage points vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026lowest value
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.2%● unchanged vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 0.4%▲ +0.2 percentage points vs 09-2026
11-2026: 0.4%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Figures for financial year 2025 (filed on 31-10-2025)
Sector: Specialised construction activities (NACE 43)
lowers risk
Liquidity: current ratio 1.39, cash €119,541
Size: total assets €312,907
Calculation
The band follows from the bankruptcy probability. 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 43, micro). It does better than 34% of them on solvency, 60% on liquidity, 74% on profitability and 88% on growth.
The bankruptcy probability was computed on 05-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-03-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 34,693 companies had the same profile as GESTEKO has now. Each dot stands for 87 companies, two years later.
95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of GESTEKO itself: 0.4% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 34,693 companies, not a prediction for GESTEKO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €8,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.39 (1.22 in 2024), below the usual 1.5. Short-term debt is 67.4% and cash 38.2% of total assets. 67.4% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €101,933
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
not filed
2025
on the day
2024
on the day
2023
on the day
2022
on the day
2021
10 days early
2020
2 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 2 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0845618878
Changes of role: De Caluwe Geert, De Caluwe Koen and De Caluwe Steven
General meeting of 31-07-2023 · Gazette deed
Incorporation
published on 11-05-2012 · Gazette deed
First establishment
Gravin Mad. d'Alcantaralaan 35, Kaprijke
Comparable companies
same main activity, similar in size and age| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| GESTEKO Kaprijke | €312,907 | €84,253 | 32.6% | - |
| SA ISOCLEANING Hechtel-Eksel | €328,145 | €81,673 | 37.9% | - |
| Electr'Amel Eco Energies Anhée | €311,191 | €71,570 | 51.5% | - |
| Q&R Innovation Wevelgem | €301,373 | €94,417 | 54.4% | - |
| ISOLATIEWERKEN NAESSENS Zulte | €193,325 | €85,990 | 97.3% | - |
| LR Chauffage-Sanitaire Incourt | €315,359 | €100,537 | 75.8% | - |
| QUALITY SERVICES INSULATION Faimes | €369,779 | €107,922 | 57.8% | - |
These companies have the same main activity as GESTEKO: insulation installation (NACE 43230). They are comparable in size and age: total assets between €193,000 and €370,000, founded between 2010 and 2012.
Official details
Source: KBO- Status
- Active since 25-04-2012Normal situation
- Activity
- Insulation installationNACE 43230
- Establishment unit
- 2.210.131.3409971 Kaprijke, since 25-04-2012
- Financial year end
- 31 March
- Peppol
- Reachable since 02-09-2025
Annual accounts to 31-03-2025
- Turnover
- ≈ €300,000estimated
- Total assets
- €312,907▲ 11.0%
- Filing
- Filed on 31-10-2025
Insights on GESTEKO
GESTEKO files the abbreviated format. That format states no turnover. The gross margin rose from €62,023 in 2013 to €84,253 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about GESTEKO
- What is the company number of GESTEKO?
- The company number of GESTEKO is 0845.618.878. The VAT number is the same number with BE in front: BE 0845.618.878.
- Where is GESTEKO based?
- The registered office is at Gravin Mad. d'Alcantaralaan 35, 9971 Kaprijke.Company details
- What does GESTEKO do?
- According to the KBO register, the main activity is insulation installation (NACE 43230).
- What is the legal form of GESTEKO?
- GESTEKO is a private limited company (BV).
- When was GESTEKO founded?
- GESTEKO was founded on 25-04-2012.
- Is GESTEKO still active?
- Yes, GESTEKO is an active enterprise in the KBO register.
- What is the turnover of GESTEKO?
- The turnover in financial year 2025 is ≈ €300,000. This figure is estimated from the gross margin of €84,253 and 32 comparable companies (NACE 432). It probably lies between €230,000 and €440,000.Financials
- Is GESTEKO profitable?
- In financial year 2025, GESTEKO made a profit of €49,209.
- Where can I find the annual accounts of GESTEKO?
- GESTEKO filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
Next steps
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