Summary
GESTFIM is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €676,146 and a net result of -€60,155. Equity is shrinking by ~9.4% per year across the filed fiscal years. Its solvency ranks better than 54% of 493 sector peers (fiscal year 2025). The company has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-04-2026, 98 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
98 d early
2024
76 d early
2023
36 d early
2022
31 d late
2021
93 d early
2020
11 d late
2019
126 d early
← 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 55 days before the deadline; the sector median for financial year 2024 is 5 days before the deadline, and 38% 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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
In the rankings
#8 employer in Ukkel, Finance and insurance sector
Equity
€676,146▼ 8.2%
2024 · €736,301
Net result
-€60,155
2024 · €19,384
Total assets
€1.4m▲ 9.0%
2024 · €1.3m
Solvency
46.7%▼ 8.7pp
2024 · 55.5%
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-€137,322▼ 3,225%-€227,583▼ 65.7%-€163,002▲ 28.4%€22,614-€104,207
Net result-€63,358▲ 3.7%-€242,730▼ 283%-€174,685▲ 28.0%€19,384-€60,155
Equity€1.1m▼ 5.3%€891,602▼ 21.4%€716,916▼ 19.6%€736,301▲ 2.7%€676,146▼ 8.2%
Total assets€1.3m▲ 5.3%€1.4m▲ 6.9%€1.3m▼ 6.8%€1.3m▲ 2.6%€1.4m▲ 9.0%
Debt€164,871▲ 360%€497,511▲ 202%€577,355▲ 16.0%€591,534▲ 2.5%€771,556▲ 30.4%
Working capital€199,827▼ 16.7%-€163,072-€233,871▼ 43.4%-€235,279▼ 0.6%-€234,599▲ 0.3%
Solvency87.3%▼ 9.8pp64.2%▼ 23.1pp55.4%▼ 8.8pp55.5%▲ 0.1pp46.7%▼ 8.7pp
Staff (FTE)7.3▼ 12.0%6.8▼ 6.8%8.3▲ 22.1%11.9▲ 43.4%10.3▼ 13.4%
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €104,207 after €22,614 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.4m
Fixed assets
€1.2m ▲ 20.7%
Current assets
€209,849 ▼ 30.6%
Equity and liabilities €1.4m
Equity
€676,146 ▼ 8.2%
Debt
€771,556 ▲ 30.4%
Debt's share of the balance-sheet total rises from 44.5% to 53.3%. Equity is lower and debt is higher.
Key figures and ratios
ROE
-8.9%▼
2024 · 2.6%
ROA
-4.2%▼
2024 · 1.5%
Debt ≤ 1 year
€444,448▼
2024 · €537,587
Debt > 1 year
€325,464▲
2024 · €53,947
Income taxes
€784▲
2024 · €729
Staff costs
€462,845▲
2024 · €416,513
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 |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €340,361 | €389,132 | €400,279 | €416,513 | €462,845 | ▲ 11.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €225,551 | €245,486 | €249,094 | €164,315 | €160,927 | ▼ 2.1% |
| Other operating charges640/8 | €79,022 | €19,510 | €28,551 | €21,593 | €21,894 | ▲ 1.4% |
| Gross operating margin9900 | €507,612 | €426,545 | €514,923 | €625,034 | €541,459 | ▼ 13.4% |
| Operating profit (loss)9901 | -€137,322 | -€227,583 | -€163,002 | €22,614 | -€104,207 | ▼ 561% |
| Financial income75/76B | €75,511 | €13,202 | €4,200 | €3,013 | €57,436 | ▲ 1,806% |
| Recurring financial income75 | €75,511 | €13,202 | €4,200 | €3,013 | €57,436 | ▲ 1,806% |
| Financial charges65/66B | €1,251 | €27,221 | €15,762 | €5,514 | €12,600 | ▲ 129% |
| Recurring financial charges65 | €1,251 | €27,221 | €15,762 | €5,514 | €12,600 | ▲ 129% |
| Profit (loss) for the period before taxes9903 | -€63,062 | -€241,602 | -€174,563 | €20,113 | -€59,371 | ▼ 395% |
| Income taxes67/77 | €296 | €1,128 | €122 | €729 | €784 | ▲ 7.7% |
| Profit (loss) for the period9904 | -€63,358 | -€242,730 | -€174,685 | €19,384 | -€60,155 | ▼ 410% |
| Profit (loss) for the period to be appropriated9905 | -€63,358 | -€242,730 | -€174,685 | €19,384 | -€60,155 | ▼ 410% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.3m | €1.4m | €1.3m | €1.3m | €1.4m | ▲ 9.0% |
| Fixed assets21/28 | €934,505 | €1.1m | €1.0m | €1.0m | €1.2m | ▲ 20.7% |
| Intangible fixed assets21 | - | €6,197 | €4,093 | €5,411 | €5,512 | ▲ 1.9% |
| Tangible fixed assets22/27 | €934,505 | €1.1m | €1.0m | €1.0m | €1.2m | ▲ 20.8% |
| Land and buildings22 | €481,259 | €441,616 | €626,965 | €609,659 | €597,045 | ▼ 2.1% |
| Plant, machinery and equipment23 | €155,184 | €180,434 | €181,414 | €227,602 | €449,714 | ▲ 97.6% |
| Furniture and vehicles24 | €128,587 | €137,828 | €195,065 | €181,505 | €135,906 | ▼ 25.1% |
| Leasing and similar rights25 | - | - | - | - | €49,000 | - |
| Other tangible fixed assets26 | €34,649 | €39,186 | €2,025 | €1,350 | €675 | ▼ 50.0% |
| Assets under construction and advance payments27 | €134,826 | €281,913 | - | - | - | - |
| Current assets29/58 | €364,698 | €301,939 | €284,709 | €302,308 | €209,849 | ▼ 30.6% |
| Stocks and contracts in progress3 | €29,730 | €16,196 | - | €14,036 | €49,069 | ▲ 250% |
| Stocks30/36 | €29,730 | €16,196 | - | €14,036 | €49,069 | ▲ 250% |
| Amounts receivable within one year40/41 | €108,107 | €131,259 | €122,655 | €96,593 | €92,540 | ▼ 4.2% |
| Trade receivables40 | €28,499 | €39,774 | €27,972 | €7,241 | €13,674 | ▲ 88.9% |
| Other amounts receivable41 | €79,608 | €91,485 | €94,683 | €89,353 | €78,866 | ▼ 11.7% |
| Current investments50/53 | €165,242 | €139,464 | €139,464 | €96,889 | €2,850 | ▼ 97.1% |
| Cash at bank and in hand54/58 | €61,619 | €15,020 | €16,686 | €84,325 | €33,519 | ▼ 60.2% |
| Deferred charges and accrued income490/1 | - | - | €5,904 | €10,464 | €31,871 | ▲ 205% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.3m | €1.4m | €1.3m | €1.3m | €1.4m | ▲ 9.0% |
| Equity10/15 | €1.1m | €891,602 | €716,916 | €736,301 | €676,146 | ▼ 8.2% |
| Contributions10/11 | €1.1m | €1.1m | €1.1m | €1.1m | €1.1m | = |
| Capital10 | €1.1m | €1.1m | €1.1m | €1.1m | €1.1m | = |
| Issued capital100 | €1.1m | €1.1m | €1.1m | €1.1m | €1.1m | = |
| Reserves13 | €27,700 | €27,700 | €27,700 | €27,700 | €27,700 | = |
| Non-distributable reserves130/1 | €27,700 | €27,700 | €27,700 | €27,700 | €27,700 | = |
| Legal reserve130 | €27,700 | €27,700 | €27,700 | €27,700 | €27,700 | = |
| Profit (loss) carried forward14 | €10,196 | -€232,534 | -€407,219 | -€387,835 | -€447,990 | ▼ 15.5% |
| Amounts payable17/49 | €164,871 | €497,511 | €577,355 | €591,534 | €771,556 | ▲ 30.4% |
| Amounts payable after more than one year17 | - | €32,500 | €57,925 | €53,947 | €325,464 | ▲ 503% |
| Financial debts170/4 | - | €32,500 | €56,225 | €52,247 | €23,764 | ▼ 54.5% |
| Other amounts payable178/9 | - | - | €1,700 | €1,700 | €301,700 | ▲ 17,647% |
| Amounts payable within one year42/48 | €164,871 | €465,011 | €518,580 | €537,587 | €444,448 | ▼ 17.3% |
| Current portion of amounts payable after more than one year42 | - | €15,049 | €30,364 | €41,101 | €28,483 | ▼ 30.7% |
| Trade debts44 | €37,745 | €37,094 | €91,370 | €116,610 | €171,073 | ▲ 46.7% |
| Suppliers440/4 | €37,745 | €37,094 | €91,370 | €116,610 | €171,073 | ▲ 46.7% |
| Advances received on contracts in progress46 | - | - | - | €79,037 | - | - |
| Taxes, remuneration and social security45 | €25,066 | €29,270 | €28,990 | €30,500 | €39,235 | ▲ 28.6% |
| Taxes450/3 | €296 | - | - | - | €784 | - |
| Remuneration and social security454/9 | €24,770 | €29,270 | €28,990 | €30,500 | €38,451 | ▲ 26.1% |
| Other amounts payable47/48 | €102,060 | €383,598 | €367,857 | €270,339 | €205,657 | ▼ 23.9% |
| Accrued charges and deferred income492/3 | - | - | €850 | - | €1,644 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€63,358 | -€242,730 | -€174,685 | €19,384 | -€60,155 | ▼ 410% |
| + Depreciation and write-downs630 | €225,551 | €245,486 | €249,094 | €164,315 | €160,927 | ▼ 2.1% |
| Operating cash flow (approximation) | €162,193 | €2,756 | €74,410 | €183,699 | €100,772 | ▼ 45.1% |
| Investment in fixed assets (approximation) | - | -€398,155 | -€171,483 | -€180,279 | -€373,253 | ▼ 107% |
| Change in cash | - | -€46,599 | €1,666 | €67,640 | -€50,806 | ▼ 175% |
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
24-04
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
16-05
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Back to profitnet €19,384
Net result €19,384 after 4 loss-making years.
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 31 days late
2022
31-12
Financial
Weakest financial yearnet -€242,730
Net result drops to -€242,730, the lowest in the series; recovery starts the following year.
29-04
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
11-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 11 days late
2020
27-03
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Back to profitnet €1,148
Net result €1,148 after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 7.87
Current ratio from 2.30 to 7.87; short-term debt falls from €153,749 to €45,178.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 30 days late
2018
23-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 23 days late
2017
14-04
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
6 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, Ukkel · 2 establishment units since 1990
Ground area
5.5 ha
Building footprint
1,321 m²
Volume, LiDAR
29,369 m³
2 parcels, Brussels, Wallonia · tallest building 28.5 m, ±8 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
2 establishment units
Montjoielaan 167, 1180 Ukkel
since 19902.049.100.947
GESTFIM
since 20142.237.191.271
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62067F1380/00H000 | Wallonia | 3.9 ha | 1 · 160 m² | 8.5 m · 2 fl. |
| 21612C0056/02E084 | Brussels | 1.6 ha | 1 · 1,161 m² | 28.5 m · 8 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
967600SXHUQ92YL6JC54
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Of 592 companies in sector 66300 we hold annual accounts for 365. 236 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded15-06-1990
Fiscal year end31-12
Activities, NACEBEL 2025
66300Activities auxiliary to financial services and insurance activities
93110Operation of sports facilities
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0440822240
Also
9925:BE0440822240
Registered
03-02-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.