ACTIVE

GECAZO

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Financial year 2025 · closed on 31/12/2025

Net result

-39,8 k €

-11.7% YoY

Gross margin

37,5 k €

-39.6% YoY

Equity

-31,1 k €

-454.4% YoY

Workforce

2,0 ETP

-28.6% YoY

What does GECAZO do?

GECAZO is a Private limited company incorporated in 1976. Its registered office is in Zedelgem. It employs on average 2,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0415.985.488

Incorporation

26/03/1976

Legal form

Private limited company

Registered office

Sint-Corneliusstraat 10
8210 Zedelgem · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Average workforce

2,0 ETP

Joint committees (3)

Signals

Good liquidityHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	37,5 k €	-39.6%	62,1 k €	-25.1%	82,9 k €	+42.7%	58,1 k €	-47.9%	111,5 k €	+10.9%	100,5 k €	-10.4%	112,1 k €	-15.5%	132,8 k €	+3.0%	128,9 k €	+37.6%	93,7 k €	+54.7%	60,6 k €	-53.3%	129,8 k €	+28.1%	101,3 k €	+20.4%	84,2 k €	+7.6%	78,2 k €	-36.5%	123,2 k €	+4.4%	118 k €	-11.4%	133,1 k €	-23.9%	174,9 k €	+30.4%	134,1 k €
EBITDA	-27,8 k €	-27.3%	-21,8 k €	-74.9%	-12,5 k €	+43.3%	-22 k €	-167%	33 k €	+8.3%	30,5 k €	+69.2%	18 k €	-27.6%	24,9 k €	-19.1%	30,7 k €	+28380%	-108,7 €	+99.5%	-21,7 k €	-154%	40,5 k €	+98.6%	20,4 k €	+3383%	-621 €	+93.7%	-9,9 k €	-130%	32,7 k €	+3.7%	31,5 k €	-16.2%	37,6 k €	-53.2%	80,4 k €	+45.6%	55,2 k €
Operating result	-37 k €	-21.6%	-30,4 k €	-45.3%	-20,9 k €	+28.4%	-29,2 k €	-193%	31,4 k €	+7.0%	29,3 k €	+93.1%	15,2 k €	-25.7%	20,4 k €	-25.9%	27,6 k €	+1005%	-3 k €	+86.5%	-22,5 k €	-169%	32,4 k €	+156%	12,7 k €	+247%	-8,6 k €	+54.4%	-18,9 k €	-187%	21,6 k €	+28.2%	16,8 k €	-20.8%	21,3 k €	-66.2%	62,8 k €	+72.4%	36,4 k €
Net result	-39,8 k €	-11.7%	-35,7 k €	-59.0%	-22,4 k €	+26.3%	-30,4 k €	-236%	22,5 k €	+20.0%	18,7 k €	+147%	7,6 k €	-29.6%	10,8 k €	-53.2%	23 k €	+563%	-5 k €	+84.0%	-31,1 k €	-250%	20,7 k €	+228%	6,3 k €	+147%	-13,3 k €	+41.9%	-23 k €	-128%	-10,1 k €	-371%	3,7 k €	-59.8%	9,2 k €	-81.9%	51,2 k €	+56.1%	32,8 k €
Balance sheet
Equity	-31,1 k €	-454%	8,8 k €	-80.3%	44,4 k €	-33.5%	66,9 k €	-31.3%	97,3 k €	+30.0%	74,8 k €	+33.4%	56,1 k €	+15.6%	48,5 k €	+28.5%	37,8 k €	+156%	14,8 k €	-25.2%	19,7 k €	-61.2%	50,9 k €	+68.7%	30,2 k €	+26.5%	23,8 k €	-35.9%	37,2 k €	-38.2%	60,1 k €	-14.3%	70,2 k €	+5.6%	66,5 k €	+16.2%	57,2 k €	+846%	6,1 k €
Total assets	206,8 k €	-12.5%	236,2 k €	+2.2%	231,1 k €	-4.9%	242,9 k €	-1.9%	247,5 k €	+11.7%	221,6 k €	+12.0%	197,9 k €	+3.2%	191,8 k €	+4.6%	183,3 k €	+19.4%	153,5 k €	-40.2%	256,6 k €	-0.4%	257,7 k €	+3.2%	249,8 k €	+13.9%	219,3 k €	-12.7%	251,2 k €	+8.6%	231,4 k €	-12.1%	263,3 k €	+1.0%	260,7 k €	+12.1%	232,6 k €	+2.5%	227 k €
Cash	6,1 k €	+0.0%	6,1 k €	+0.9%	6,1 k €	-58.6%	14,7 k €	-70.1%	49,1 k €	-25.2%	65,6 k €	+48.0%	44,4 k €	+173%	16,3 k €	+80.4%	9 k €	+57.8%	5,7 k €	+12.9%	5,1 k €	-0.7%	5,1 k €	-75.5%	20,8 k €	-46.4%	38,9 k €	+103%	19,1 k €	-69.5%	62,8 k €	-44.9%	114,1 k €	-2.4%	116,9 k €	+0.2%	116,7 k €	+33.2%	87,6 k €
Debts	166,4 k €	+6.7%	156 k €	+35.4%	115,2 k €	+10.2%	104,6 k €	+32.7%	78,8 k €	+4.5%	75,4 k €	+7.1%	70,4 k €	-2.1%	71,9 k €	-3.1%	74,2 k €	+10.4%	67,2 k €	-59.4%	165,5 k €	+22.2%	135,4 k €	-8.6%	148,2 k €	+19.5%	124,1 k €	-13.0%	142,7 k €	+33.0%	107,3 k €	-21.1%	135,9 k €	-3.8%	141,3 k €	+4.6%	135,1 k €	-29.0%	190,3 k €
Other
Workforce	2,0 ETP	-28.6%	2,8 ETP	-6.7%	3,0 ETP	+7.1%	2,8 ETP	+40.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP		–		2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 6 ended

Active mandates

GiBo

Director · since 26 décembre 2023 · 0644.773.549

Represented by Bjorn Geebelen

Active

Ended mandates

GiBo

Manager · since 01 janvier 2016 · 0644.773.549

Represented by Björn Geebelen

Ended

Bjorn Geebelen

Manager · until 01 janvier 2016

Ended

BJORN GEEBELEN

Manager

Ended

GiBo

Director · 0644.773.549

Represented by Bjorn Geebelen

Ended

At this address

Other companies at this address

Company	CBE no.
GECAZO VAT● Active	0684.635.995
GiBo● Active	0644.773.549

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	23/07/2026	18/07/2025	19/07/2024	22/06/2023	27/05/2022	11/06/2021
General meeting	30/06/2026	20/06/2025	20/06/2024	23/05/2023	30/04/2022	15/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	23/07/2026	Dutch	PDF
Abridged model	31/12/2024	20/06/2025	18/07/2025	Dutch	PDF
Abridged model	31/12/2023	20/06/2024	19/07/2024	Dutch	PDF
Abridged model	31/12/2022	23/05/2023	22/06/2023	Dutch	PDF
Abridged model	31/12/2021	30/04/2022	27/05/2022	Dutch	PDF
Abridged model	31/12/2020	15/05/2021	11/06/2021	Dutch	PDF
Abridged model	31/12/2019	30/06/2020	29/07/2020	Dutch	PDF
Abridged model	31/12/2018	20/06/2019	17/07/2019	Dutch	PDF
Abridged model	31/12/2017	19/05/2018	18/06/2018	Dutch	PDF
Micro model	31/12/2016	20/05/2017	19/06/2017	Dutch	PDF
Abridged model	31/12/2015	30/06/2016	20/07/2016	Dutch	PDF
Abridged model	31/12/2014	30/06/2015	31/08/2015	Dutch	PDF
Abridged model	31/12/2013	30/06/2014	29/08/2014	Dutch	PDF
Abridged model	31/12/2012	30/06/2013	30/08/2013	Dutch	PDF
Abridged model	31/12/2011	30/06/2012	31/08/2012	Dutch	PDF
Abridged model	31/12/2010	30/06/2011	18/07/2011	Dutch	PDF
Abridged model	31/12/2009	30/06/2010	20/07/2010	Dutch	PDF
Abridged model	31/12/2008	30/06/2009	27/07/2009	Dutch	PDF
Abridged model	31/12/2007	26/04/2008	23/05/2008	Dutch	PDF
Abridged model	31/12/2006	28/04/2007	27/07/2007	Dutch	PDF

Estimate

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 6 ended

Active mandates

GiBo

Director · since 26 décembre 2023 · 0644.773.549

Represented by Bjorn Geebelen

Active

Ended mandates

GiBo

Manager · since 01 janvier 2016 · 0644.773.549

Represented by Björn Geebelen

Ended

Bjorn Geebelen

Manager · until 01 janvier 2016

Ended

BJORN GEEBELEN

Manager

Ended

GiBo

Director · 0644.773.549

Represented by Bjorn Geebelen

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates25/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates20/01/2016
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates31/12/2004
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates20/05/2003
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025-39,8 k €↓
2024
Annual accounts 2024-35,7 k €↓
2023
Annual accounts 2023-22,4 k €↑
2022
Annual accounts 2022-30,4 k €↓
2021
Annual accounts 202122,5 k €↑
2020
Annual accounts 202018,7 k €↑
2019
Annual accounts 20197,6 k €↓
2018
Annual accounts 201810,8 k €↓
2017
Annual accounts 201723 k €↑
2016
Annual accounts 2016-5 k €↑
2015
Annual accounts 2015-31,1 k €↓
2014
Annual accounts 201420,7 k €↑
2013
Annual accounts 20136,3 k €↑
2012
Annual accounts 2012-13,3 k €↑
2011
Annual accounts 2011-23 k €↓
2010
Annual accounts 2010-10,1 k €↓
2009
Annual accounts 20093,7 k €↓
2008
Annual accounts 20089,2 k €↓
2007
Annual accounts 200751,2 k €↑
2006
Annual accounts 200632,8 k €
26/03/1976
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

GECAZO

Overview

What does GECAZO do?

Trend over 20 financial years

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline