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GEZTECH

Active
Private limited companyfounded 2023active for 3 yearsHalveweg 72, 3520 Zonhoven, BelgiumKBO/BCE: BE 0802.165.254
Summary

The computed 12-month bankruptcy probability of GEZTECH is 2.5% (moderate). The 2025 annual accounts show equity of €54,181 and a net result of €9,794. Its solvency ranks better than 46% of 9,288 sector peers (NACE 41, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, micro format

2025 annual accounts filed late (20 days) Filed on 20 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00410078.

Equity
€54,181▲ 22.1%
2024 · €44,387
Total assets
€138,763▼ 14.9%
2024 · €162,995
Net result
€9,794▼ 76.6%
2024 · €41,887
Working capital
€32,335▼ 38.7%
2024 · €52,735
Trend over the years

2024 to 2025, 2 financial years

The operating result falls in 2025; 2025 is 65% below 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€20,037 2025 Net result€9,794 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 41, Construction of residential and non-residential buildings: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result€57,114-€20,037▼ 64.9%
Net result€41,887above the sector's middle half-€9,794within the sector's middle half▼ 76.6%
Equity€44,387within the sector's middle half-€54,181within the sector's middle half▲ 22.1%
Total assets€162,995within the sector's middle half-€138,763within the sector's middle half▼ 14.9%
Debt€118,608-€84,582▼ 28.7%
Working capital€52,735within the sector's middle half-€32,335within the sector's middle half▼ 38.7%
Solvency27.2%within the sector's middle half-39.0%within the sector's middle half▲ 11.8pp
Current ratio3.59above the sector's middle half-1.93within the sector's middle half▼ 1.66
Return on assets (ROA)25.7%above the sector's middle half-7.1%within the sector's middle half▼ 18.6pp
Staff (FTE)0.7
above within below the middle half of NACE 41, Construction of residential and non-residential buildings: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €138,763
Fixed assets €71,743 ▼ 20.2%
Current assets €67,020 ▼ 8.3%
Equity and liabilities €138,763
Equity €54,181 ▲ 22.1%
Debt €84,582 ▼ 28.7%
Debt's share of the balance-sheet total falls from 72.8% to 61.0%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€41,339▼
2024 · €67,516
Cash flow
€31,096▼
2024 · €52,288
Debt to equity
1.56▼
2024 · 2.67
ROE
18.1%▼
2024 · 94.4%
Interest coverage
7.16▼
2024 · 15.95
Debt ≤ 1 year
€34,684▲
2024 · €20,327
Debt > 1 year
€49,898▼
2024 · €98,282
Income taxes
€5,550▼
2024 · €11,031
Staff costs
€26,470▲
2024 · €175
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.8% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 2.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 39,278 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet Code20242025
Assets
Total assets20/58€162,995€138,763▼
Fixed assets21/28€89,934€71,743▼
Tangible fixed assets22/27€89,934€71,743▼
Plant, machinery and equipment23€6,627€6,931▲
Furniture and vehicles24€83,306€64,813▼
Current assets29/58€73,062€67,020▼
Amounts receivable within one year40/41€44,614€47,236▲
Trade receivables40€21,283€25,724▲
Other amounts receivable41€23,331€21,511▼
Cash at bank and in hand54/58€28,448€19,784▼
Equity and liabilities
Total equity and liabilities10/49€162,995€138,763▼
Equity10/15€44,387€54,181▲
Contributions10/11€2,500€2,500=
Reserves13€41,887€51,681▲
Distributable reserves133€41,887€51,681▲
Amounts payable17/49€118,608€84,582▼
Amounts payable after more than one year17€98,282€49,898▼
Financial debts170/4€98,282€49,898▼
Amounts payable within one year42/48€20,327€34,684▲
Current portion of amounts payable after more than one year42€1,189€17,959▲
Trade debts44€19,138€1,973▼
Suppliers440/4€19,138€1,973▼
Taxes, remuneration and social security45-€14,753
Taxes450/3-€9,227
Remuneration and social security454/9-€5,526
Income statement Code20242025
Non-recurring operating income76A-€1,538
Remuneration, social security and pensions62€175€26,470▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10,402€21,302▲
Other operating charges640/8€2,677€2,698▲
Gross operating margin9900€70,367€70,506▲
Operating profit (loss)9901€57,114€20,037▼
Financial income75/76B€35€1,085▲
Recurring financial income75€35€1,085▲
Financial charges65/66B€4,232€5,778▲
Recurring financial charges65€4,232€5,778▲
Profit (loss) for the period before taxes9903€52,917€15,344▼
Income taxes67/77€11,031€5,550▼
Profit (loss) for the period9904€41,887€9,794▼
Profit (loss) for the period to be appropriated9905€41,887€9,794▼
Appropriation of the result
Profit (loss) to be appropriated9906€41,887€9,794▼
Transfer to equity691/2€41,887€9,794▼
To other reserves6921€41,887€9,794▼

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Non-recurring operating income76A-€1,538-
Remuneration, social security and pensions62€175€26,470▲ 15,061%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10,402€21,302▲ 105%
Other operating charges640/8€2,677€2,698▲ 0.8%
Gross operating margin9900€70,367€70,506▲ 0.2%
Operating profit (loss)9901€57,114€20,037▼ 64.9%
Financial income75/76B€35€1,085▲ 2,999%
Recurring financial income75€35€1,085▲ 2,999%
Financial charges65/66B€4,232€5,778▲ 36.5%
Recurring financial charges65€4,232€5,778▲ 36.5%
Profit (loss) for the period before taxes9903€52,917€15,344▼ 71.0%
Income taxes67/77€11,031€5,550▼ 49.7%
Profit (loss) for the period9904€41,887€9,794▼ 76.6%
Profit (loss) for the period to be appropriated9905€41,887€9,794▼ 76.6%
Line20242025Change
Assets
Total assets20/58€162,995€138,763▼ 14.9%
Fixed assets21/28€89,934€71,743▼ 20.2%
Tangible fixed assets22/27€89,934€71,743▼ 20.2%
Plant, machinery and equipment23€6,627€6,931▲ 4.6%
Furniture and vehicles24€83,306€64,813▼ 22.2%
Current assets29/58€73,062€67,020▼ 8.3%
Amounts receivable within one year40/41€44,614€47,236▲ 5.9%
Trade receivables40€21,283€25,724▲ 20.9%
Other amounts receivable41€23,331€21,511▼ 7.8%
Cash at bank and in hand54/58€28,448€19,784▼ 30.5%
Equity and liabilities
Total equity and liabilities10/49€162,995€138,763▼ 14.9%
Equity10/15€44,387€54,181▲ 22.1%
Contributions10/11€2,500€2,500=
Reserves13€41,887€51,681▲ 23.4%
Distributable reserves133€41,887€51,681▲ 23.4%
Amounts payable17/49€118,608€84,582▼ 28.7%
Amounts payable after more than one year17€98,282€49,898▼ 49.2%
Financial debts170/4€98,282€49,898▼ 49.2%
Amounts payable within one year42/48€20,327€34,684▲ 70.6%
Current portion of amounts payable after more than one year42€1,189€17,959▲ 1,411%
Trade debts44€19,138€1,973▼ 89.7%
Suppliers440/4€19,138€1,973▼ 89.7%
Taxes, remuneration and social security45-€14,753-
Taxes450/3-€9,227-
Remuneration and social security454/9-€5,526-
Line20242025Change
Profit (loss) for the period9904€41,887€9,794▼ 76.6%
+ Depreciation and write-downs630€10,402€21,302▲ 105%
Operating cash flow (approximation)€52,288€31,096▼ 40.5%
Investment in fixed assets (approximation)--€3,111-
Change in cash--€8,664-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Filings with the National Bank (2)
Financial year Type Filed Reference
31-12-2025 micro format 20-08-2026 2026-00410078
31-12-2024 micro format 27-05-2025 2025-00108215

Similar companies · same sector, comparable size

Of the 2,410 active companies whose main activity is general construction of other non-residential buildings (NACE 41003), figures are known for 1,070. 711 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2025 · 1 entry · €339 awarded · €339 paid
Schemes
1 entry · €339 · €339 paid · Fonds voor Innoveren en Ondernemen

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.