GESTICO

Inactive KBO/BCE: BE 0440.927.653

GESTICO

Follow Report

Overview

Lifetime

8 annual accounts with figures on one time axis, 25 filings since 1991

Gross marginpeak -€1,664 (2011)

-not published

Resultlowest -€1,772 (2011)

€17,616▲ €18,228

Equitypeak €4.1m (2014)

€3.6m▼ 11.9%

Debts

€503,472▲ 55×

Documentsfilings and deeds

05-12-201657 days before the deadline

2016financial year

Back to profit: €17,616Debts from €9,147 to €503,472Cash from €14,881 to €6,572

Key points

from the 2016 annual accounts, the last ones filed

Equity

€3.6m ▼ 11.9%

GESTICO paid out €500,000 in dividends. That is 2,838% of the 2016 profit.

Filings

25 annual accounts 30 filings since 1991

The last five annual accounts were filed 26 to 57 days before the end of the period.

No scoreStandalone figures, without subsidiaries

Group, consolidated 30-06-2016: turnover €84.2m, result €650,574

Recent changes

03-01-2017

Deed on the end Gazette deed

19-06-1990

Incorporation 22 publications in the Belgian Official Gazette, the last on 03-01-2017 · Gazette deed

All 37 events

Official details

Source: KBO

Status: Inactivedeed of incorporation of 19-06-1990 · last publication under the heading End on 03-01-2017
Activity: No activity registered in the KBO
Financial year end: 30 June
Peppol: Not found in the Peppol Directory

Company details

Annual accounts to 30-06-2016

Profit: €17,616
Equity: €3.6m▼ 11.9%
Total assets: €4.1m▲ 0.3%
Filing: Filed on 05-12-2016

Financials

Insights on GESTICO

Inactive. The last annual accounts are for financial year 2016.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2016

full format, standalone accounts, filed on 05-12-2016, 57 days before the deadline

Equity

€3.6m

▼ 11.9%

Operating result

-€8,101

▲ €601

Profit

€17,616

▲ €18,228

Working capital

€1.4m

▼ 26.1%

Solvency

87.6%

▼ 12.1 percentage points

Current ratio

3.71

The company also filed consolidated accounts, with the figures of the whole group.

Turnover: not included in this filing.

Balance sheet

balance sheet total €4.1m on 30-06-2016

What the company ownsHow it is paid for

Change in equityin €m

Change in cashin euro

Filed annual accounts

as filed with the National Bank, click a year to choose it

Line	2016	2015	2014	2013	2012	2011	2010	2009
Balance sheet: assets
Total assets`20/58`	4.1m	4.1m	4.1m	2.8m	2.8m	2.8m	2.8m	2.8m
Fixed assets`21/28`	2.2m	2.2m	2.2m	2.7m	2.7m	2.7m	2.7m	2.7m
Financial fixed assets`28`	2.2m	2.2m	2.2m	2.7m	2.7m	2.7m	2.7m	2.7m
Affiliated companies`280/1`	2.2m	2.2m	2.2m	2.2m	2.2m	-	-	-
Participating interests`280`	2.2m	2.2m	2.2m	2.2m	2.2m	-	-	-
Other financial fixed assets`284/8`	-	-	-	534,000	534,000	-	-	-
Shares`284`	-	-	-	534,000	534,000	-	-	-
Current assets`29/58`	1.9m	1.9m	1.9m	40,774	35,147	36,456	38,228	38,852
Amounts receivable after more than one year`29`	1.2m	1.4m	-	-	-	-	-	-
Other amounts receivable`291`	1.2m	1.4m	-	-	-	-	-	-
Amounts receivable within one year`40/41`	683,672	407,945	1.8m	-	113	-	55	-
Other amounts receivable`41`	683,672	407,945	1.8m	-	113	-	55	-
Current investments`50/53`	25,813	25,762	30,566	34,328	34,029	33,668	35,000	32,000
Other investments`51/53`	25,813	25,762	30,566	34,328	34,029	-	-	-
Cash at bank and in hand`54/58`	6,572	14,881	1,864	6,446	822	2,788	3,173	6,787
Deferred charges and accrued income`490/1`	21	25	86	-	184	-	-	65
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	4.1m	4.1m	4.1m	2.8m	2.8m	2.8m	2.8m	2.8m
Equity`10/15`	3.6m	4.1m	4.1m	2.8m	2.8m	2.8m	2.8m	2.8m
Contributions`10/11`	19,708	19,708	19,708	19,708	19,708	19,708	19,708	19,708
Issued capital`100`	19,708	19,708	19,708	19,708	19,708	19,708	19,708	19,708
Reserves`13`	1,971	1,971	1,971	1,971	1,971	1,971	1,971	1,971
Legal reserve`130`	1,971	1,971	1,971	1,971	1,971	1,971	1,971	1,971
Profit (loss) carried forward`14`	3.5m	4.0m	4.0m	2.8m	2.8m	2.8m	2.8m	2.8m
Amounts payable`17/49`	503,472	9,147	9,096	3,880	8	-	-	228
Amounts payable within one year`42/48`	503,449	9,128	9,080	3,865	-	-	-	220
Trade debts`44`	3,449	3,751	3,630	3,630	-	-	-	-
Suppliers`440/4`	3,449	3,751	3,630	3,630	-	-	-	-
Taxes, remuneration and social security`45`	-	5,377	5,450	235	-	-	-	220
Taxes`450/3`	-	5,377	5,450	235	-	-	-	220
Other amounts payable`47/48`	500,000	-	-	-	-	-	-	-
Accrued charges and deferred income`492/3`	23	19	16	15	8	-	-	8
Income statement
Gross operating margin`9900`	-	-	-	-	-	-1,664	-1,726	-1,723
Operating charges`60/66A`	8,101	8,702	8,147	15,626	1,668	-	-	-
Services and other goods`61`	8,101	8,702	8,147	15,626	1,668	-	-	-
Operating profit (loss)`9901`	-8,101	-8,702	-8,147	-15,626	-1,668	-1,664	-1,726	-1,723
Financial income`75/76B`	25,787	8,100	1.3m	21,132	657	226	1,649	14,359
Recurring financial income`75`	25,787	8,100	1.3m	21,132	657	226	1,649	14,359
Income from financial fixed assets`750`	-	-	1.3m	21,000	-	-	-	-
Income from current assets`751`	-	-	385	132	657	-	-	-
Other financial income`752/9`	25,787	8,100	-	-	-	-	-	-
Financial charges`65/66B`	70	75	447	360	306	245	323	330
Recurring financial charges`65`	70	75	447	360	306	245	323	330
Other financial charges`652/9`	70	75	447	360	306	-	-	-
Profit (loss) for the period before taxes`9903`	17,616	-677	1.3m	5,146	-1,317	-1,683	-400	12,306
Income taxes`67/77`	1	-65	5,267	3,392	-	88	-3	3,730
Taxes`670/3`	9	8	5,508	3,392	-	-	-	-
Tax adjustments and reversals of tax provisions`77`	8	73	242	-	-	-	-	-
Profit (loss) for the period`9904`	17,616	-612	1.3m	1,755	-1,317	-1,772	-397	8,576
Profit (loss) for the period to be appropriated`9905`	17,616	-612	1.3m	1,755	-1,317	-1,772	-397	8,576
Appropriation of the result
Profit (loss) to be appropriated`9906`	4.0m	4.0m	4.0m	2.8m	2.8m	2.8m	2.8m	2.8m
Profit to be distributed`694/7`	500,000	-	-	-	-	-	-	-
Return on contributions (dividend)`694`	500,000	-	-	-	-	-	-	-
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

The accounts for 17 older financial years (1991-2008) were filed as documents without figures as data, scans for example.

Source: Annual accounts 2016 (PDF), filed on 05-12-2016.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

Financial year	Type	Filed	Reference	Document
30-06-2016	consolidated	08-12-2016	2016-69600384	PDF
30-06-2016	full format	05-12-2016	2016-69300503	PDF
30-06-2015	consolidated	05-01-2016	2016-00500402	PDF
30-06-2015	full format	05-01-2016	2016-00500404	PDF
30-06-2014	full format	18-12-2014	2014-69500368	PDF
30-06-2014	consolidated	16-12-2014	2014-69500372	PDF
30-06-2013	consolidated	07-01-2014	2014-00400327	PDF
30-06-2013	full format	26-12-2013	2013-70300174	PDF
30-06-2012	consolidated	06-12-2012	2012-65900432	PDF
30-06-2012	full format	06-12-2012	2012-65900538	PDF
30-06-2011	abbreviated format	15-12-2011	2011-63900130	PDF
30-06-2010	abbreviated format	07-12-2010	2010-62700215	PDF
30-06-2009	abbreviated format	02-12-2009	2009-87500392	PDF
30-06-2008	abbreviated format	07-01-2009	2009-00700112	PDF
30-06-2007	abbreviated format	31-12-2007	2007-85000232	PDF
30-06-2006	abbreviated format	22-12-2006	2006-91500290	PDF
30-06-2005	abbreviated format	11-01-2006	2006-01104664	PDF
30-06-2004	abbreviated format	07-01-2005	2005-00700056	PDF
30-06-2003	abbreviated format	29-12-2003	2003-85400156	PDF
30-06-2002	abbreviated format	23-12-2002	2002-77500249	PDF
30-06-2001	abbreviated format	14-12-2001	2001-75300231	PDF
30-06-2000	abbreviated format	04-01-2001	2001-00100144	PDF
30-06-1999	full format	14-01-2000	2000-01302768	PDF
30-06-1998	full format	05-01-1999	1999-00101592	PDF
31-12-1996	full format	27-06-1997	1997-21903092	PDF
31-12-1995	full format	21-06-1996	1996-18904856	PDF
31-12-1994	full format	23-06-1995	1995-28100781	PDF
31-12-1993	full format	24-06-1994	1994-19302804	PDF
31-12-1992	full format	04-06-1993	1993-10402741	PDF
31-12-1991	abbreviated format	19-06-1992	1992-12804446	PDF

Key figures and ratios

per financial year, computed from the annual accounts

Line	2016	2015	2014	2013	2012	2011	2010	2009
Investment in fixed assets	-	-	-	-	-	-	-	1,250
Change in cash	-8,309	13,017	-4,582	5,624	-1,966	-385	-3,614	-
Working capital	1.4m	1.8m	1.8m	36,909	-	-	-	38,632
Solvency	87.6%	99.8%	99.8%	99.9%	100.0%	100.0%	100.0%	100.0%
Current ratio	3.71	-	-	10.55	-	-	-	-
Debt to equity	0.14	0.00	0.00	0.00	0.00	-	-	0.00
ROE	0.5%	0.0%	31.5%	0.1%	0.0%	-0.1%	0.0%	0.3%
ROA	0.4%	0.0%	31.5%	0.1%	0.0%	-0.1%	0.0%	0.3%
Supplier credit	155 days	157 days	163 days	85 days	-	-	-	-

EBIT margin: not included in this filing.

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Group figures

consolidated accounts

GESTICO heads a group. The consolidated accounts add up the company and its subsidiaries.

Item	30-06-2016	30-06-2015	30-06-2014	30-06-2013	30-06-2012
Turnover	€84.2m	€65.1m	€65.0m	€74.4m	€58.3m
Operating result	€1.6m	-€75,000	€3.2m	€3.1m	€3.1m
Result for the year	€650,574	€754,000	€5.7m	€1.5m	€2.0m
Equity	€14.4m	€14.8m	€14.4m	€11.0m	€10.3m
Total assets	€54.7m	€52.9m	€57.2m	€44.7m	€47.7m

Source: 2012 to 2016 consolidated accounts

Insights on GESTICO

The operating result for 2016 is a loss of €8,101, smaller than the loss of €8,702 in 2015.

Debt's share of the balance-sheet total rises from 0.2% to 12.4%. Equity is lower and debt is higher.

Network & group

Holdings

own accounts to 30-06-2016, the bar shows equity in euros

This companyGESTICO1 holding, 1 country accounts to 30-06-2016

Belgium 1 Equity Result

BE Vegotex International NV50.95%no longer active €4.2m result -€8.0m

Source: list of holdings in its own 30-06-2016 accounts. Every holding stands with its own latest accounts.

Holdings through the years

2009 to 2016

Holdings through the years
Name	2009	2010	2011	2012	2013	2014	2015	2016
VEGOTEX INTERNATIONAL 2010 to 2016: 50.95%		50.95%
UTO - VEW 2009: 99.81%	99.81%

Source: list of holdings in its own accounts

Connections & network

See the function holders in the KBO register.

Timeline

37 events since 1990

Filings

Financial

End

19901995200020052010201520202025

2017

03-01-2017

Deed on the end PDF

2016

08-12-2016

Consolidated accounts 2016 filed PDF

05-12-2016

Annual accounts 2016 filed PDFfull format · 57 days before the deadline

30-06-2016

Back to profit net €17,616 The net result is €17,616, after one loss-making year.

05-01-2016

Consolidated accounts 2015 filed PDF

05-01-2016

Annual accounts 2015 filed PDFfull format · 26 days before the deadline

2014

18-12-2014

Annual accounts 2014 filed PDFfull format

16-12-2014

Consolidated accounts 2014 filed PDF

30-06-2014

Highest result from 2009 to 2016 net €1.3m ▲72,685% The net result of €1.3m is the highest of those years.

30-06-2014

Liquidity more than 19 times current ratio 204.53 The current ratio rises from 10.55 to 204.53.

07-01-2014

Consolidated accounts 2013 filed PDF

2013

26-12-2013

Annual accounts 2013 filed PDFfull format · 36 days before the deadline

30-06-2013

Back to profit net €1,755 The net result is €1,755, after 3 loss-making years.

2012

06-12-2012

Consolidated accounts 2012 filed PDF

06-12-2012

Annual accounts 2012 filed PDFfull format · 56 days before the deadline

2011

15-12-2011

Annual accounts 2011 filed PDFabbreviated format · 47 days before the deadline

30-06-2011

Weakest financial year net -€1,772 The net result drops to -€1,772, the lowest from 2009 to 2016.

2010

07-12-2010

Annual accounts 2010 filed PDFabbreviated format · 55 days before the deadline

2009

02-12-2009

Annual accounts 2009 filed PDFabbreviated format · 60 days before the deadline

07-01-2009

Annual accounts 2008 filed PDFabbreviated format · 24 days before the deadline

2007

31-12-2007

Annual accounts 2007 filed PDFabbreviated format · 31 days before the deadline

2006

22-12-2006

Annual accounts 2006 filed PDFabbreviated format · 40 days before the deadline

11-01-2006

Annual accounts 2005 filed PDFabbreviated format

2005

07-01-2005

Annual accounts 2004 filed PDFabbreviated format

2003

29-12-2003

Annual accounts 2003 filed PDFabbreviated format

2002

23-12-2002

Annual accounts 2002 filed PDFabbreviated format

2001

14-12-2001

Annual accounts 2001 filed PDFabbreviated format

04-01-2001

Annual accounts 2000 filed PDFabbreviated format

2000

14-01-2000

Annual accounts 1999 filed PDFfull format

1999

05-01-1999

Annual accounts 1998 filed PDFfull format

1997

27-06-1997

Annual accounts 1996 filed PDFfull format

1996

21-06-1996

Annual accounts 1995 filed PDFfull format

1995

23-06-1995

Annual accounts 1994 filed PDFfull format

1994

24-06-1994

Annual accounts 1993 filed PDFfull format

1993

04-06-1993

Annual accounts 1992 filed PDFfull format

1992

19-06-1992

Annual accounts 1991 filed PDFabbreviated format

1990

19-06-1990

Incorporation 22 publications in the Belgian Official Gazette, the last on 03-01-2017

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official Gazette Filings with the National Bank

Company details

Inactive

GESTICO is no longer in the KBO register.

Last annual accounts: financial year to 30 June 2016
Last registered office: Oostjachtpark 1, 9100 Sint-Niklaasas published on 3 January 2017
Legal form: Private limited company (pre-2019)
First annual accounts: financial year 1991

Official KBO record