ACTIVE

GECOM

Financial year 2025 · closed on 31/12/2025
Net result
-21,8 k €
-145.8% YoY
Revenue
852,2 k €
Equity
2 M €
-1.1% YoY
Workforce
4,0 ETP
0.0% YoY

What does GECOM do?

GECOM is a Public limited company incorporated in 1983. Its registered office is in Genappe. It employs on average 4,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0425.702.613
Incorporation
16/11/1983
Legal form
Public limited company
Registered office
Drève du Château de La Motte 1
1470 Genappe · WallonieSee on map
Contributed capital
307 387,97 €
Latest accounts
31/12/2025
Average workforce
4,0 ETP
Joint committees (3)
  • 111
  • 207
  • 209
Contacts
1 public detail availableLog in to view
Signals
Solid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Revenue852,2 k €988,9 k €1 M €906,1 k €
EBITDA52,5 k €139 k €112,3 k €136,7 k €107 k €97,8 k €77 k €95,4 k €49,3 k €-128,2 k €29,4 k €20,4 k €43,3 k €100,6 k €93,6 k €10,9 k €36,7 k €73,1 k €123,6 k €119,8 k €
Operating result15,3 k €97,8 k €66,7 k €82 k €52,2 k €43,4 k €26,6 k €45 k €8 k €-162,8 k €-4,7 k €-13,8 k €13,3 k €46,5 k €39,5 k €-43,2 k €12,3 k €18,4 k €99,2 k €84,6 k €
Net result-21,8 k €47,6 k €24,9 k €20,3 k €7,4 k €3,1 k €3,1 k €42,3 k €-4,5 k €-177,9 k €2,9 k €-19,9 k €9,7 k €55 k €30,1 k €-114,5 k €-25,9 k €-54,2 k €20,2 k €49,7 k €
Balance sheet
Equity2 M €2 M €2 M €2 M €2 M €1,9 M €1,9 M €1,9 M €1,9 M €1,9 M €2,1 M €2,1 M €2,1 M €2,1 M €2 M €2 M €1 M €1 M €1,1 M €1,1 M €
Total assets2,2 M €2,2 M €2,2 M €2,3 M €2,2 M €2,4 M €2,1 M €2,3 M €2,1 M €2,1 M €2,3 M €2,4 M €2,3 M €2,2 M €2,4 M €2,4 M €1,6 M €1,5 M €1,4 M €1,9 M €
Cash22,8 k €13,1 k €25,5 k €7,8 k €34,9 k €15,6 k €6 k €6,3 k €26,3 k €32,8 k €21,9 k €20,8 k €20 k €77,6 k €48,2 k €48,4 k €135 k €449,3 k €893,6 k €
Debts159,5 k €142,8 k €195,1 k €307,3 k €266,9 k €445,3 k €203,7 k €364,3 k €226,9 k €221,4 k €221,2 k €332,4 k €230,2 k €133,3 k €206,8 k €300,2 k €458,3 k €459,9 k €272,5 k €831,4 k €
Other
Workforce4,0 ETP4,0 ETP4,0 ETP4,0 ETP4,0 ETP4,0 ETP4,0 ETP4,2 ETP5,0 ETP5,0 ETP3,5 ETP2,0 ETP0,9 ETP3,0 ETP3,0 ETP3,0 ETP2,8 ETP2,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 10 ended

Active mandates

Christophe DRUGMAND

Managing director

Active

Ended mandates

Adeline VERREECKEN

Managing director · since 14 octobre 2008 · until 13 octobre 2014

Ended
Bernard KUENG

Director · since 14 octobre 2008 · until 13 octobre 2014

Ended
Ghislaine DRUGMAND

Director · since 14 octobre 2008 · until 13 octobre 2014

Ended
Adeline VEREECKEN

Managing director

Ended
At this address

Other companies at this address

CompanyCBE no.
0440.263.006
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date30/07/202624/07/202509/08/202431/07/202310/08/202209/08/2021
General meeting30/06/202630/06/202530/06/202430/06/202330/06/202230/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202630/07/2026FrenchPDF
Abridged model31/12/202430/06/202524/07/2025FrenchPDF
Abridged model31/12/202330/06/202409/08/2024FrenchPDF
Abridged model31/12/202230/06/202331/07/2023FrenchPDF
Abridged model31/12/202130/06/202210/08/2022FrenchPDF
Abridged model31/12/202030/06/202109/08/2021FrenchPDF
Abridged model31/12/201930/06/202005/08/2020FrenchPDF
Abridged model31/12/201830/06/201902/08/2019FrenchPDF
Abridged model31/12/201730/06/201820/08/2018FrenchPDF
Abridged model31/12/201630/06/201731/08/2017FrenchPDF
Abridged model31/12/201530/06/201601/08/2016FrenchPDF
Abridged model31/12/201430/06/201501/07/2015FrenchPDF
Abridged model31/12/201330/06/201423/07/2014FrenchPDF
Abridged model31/12/201230/06/201311/07/2013FrenchPDF
Abridged model31/12/201130/06/201226/07/2012FrenchPDF
Abridged model31/12/201030/06/201108/07/2011FrenchPDF
Abridged model31/12/200930/06/201026/08/2010FrenchPDF
Abridged model31/12/200830/06/200928/10/2009FrenchPDF
Abridged model31/12/200730/06/200828/08/2008FrenchPDF
Abridged model31/12/200629/06/200720/08/2007FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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 · 10 ended

Active mandates

Christophe DRUGMAND

Managing director

Active

Ended mandates

Adeline VERREECKEN

Managing director · since 14 octobre 2008 · until 13 octobre 2014

Ended
Bernard KUENG

Director · since 14 octobre 2008 · until 13 octobre 2014

Ended
Ghislaine DRUGMAND

Director · since 14 octobre 2008 · until 13 octobre 2014

Ended
Adeline VEREECKEN

Managing director

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates27/02/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DIVERS - OBJET - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
    PDF
  • Mandates26/08/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates22/02/2016
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares14/02/2012
    CAPITAL, ACTIONS
    PDF
  • Mandates27/11/2009
    DEMISSIONS, NOMINATIONS
    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

Timeline

  1. 2025
    Annual accounts 2025-21,8 k €
  2. 2024
    Annual accounts 202447,6 k €
  3. 2023
    Annual accounts 202324,9 k €
  4. 2022
    Annual accounts 202220,3 k €
  5. 2021
    Annual accounts 20217,4 k €
  6. 2020
    Annual accounts 20203,1 k €
  7. 2019
    Annual accounts 20193,1 k €
  8. 2018
    Annual accounts 201842,3 k €
  9. 2017
    Annual accounts 2017-4,5 k €
  10. 2016
    Annual accounts 2016-177,9 k €
  11. 2015
    Annual accounts 20152,9 k €
  12. 2014
    Annual accounts 2014-19,9 k €
  13. 2013
    Annual accounts 20139,7 k €
  14. 2012
    Annual accounts 201255 k €
  15. 2011
    Annual accounts 201130,1 k €
  16. 2010
    Annual accounts 2010-114,5 k €
  17. 2009
    Annual accounts 2009-25,9 k €
  18. 2008
    Annual accounts 2008-54,2 k €
  19. 2007
    Annual accounts 200720,2 k €
  20. 2006
    Annual accounts 200649,7 k €
  21. 16/11/1983
    IncorporationPublic limited company