ACTIVE

GECOTEC

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Financial year 2024 · closed on 31/12/2024

Net result

20,7 k €

-43.8% YoY

Gross margin

48,5 k €

-26.6% YoY

Equity

317,9 k €

+0.2% YoY

What does GECOTEC do?

GECOTEC is a Public limited company incorporated in 1992. Its main activity is: Engineering activities and related technical consultancy. Its registered office is in Kampenhout.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0448.973.804

Incorporation

23/12/1992

Legal form

Public limited company

Registered office

Bogaertstraat 33
1910 Kampenhout · FlandreSee on map

Contributed capital

152 000,00 €

Latest accounts

31/12/2024

Activities (NACE)

71121Engineering activities and related technical consultancy· main 71121Engineering activities and related technical consultancy 74203Photographic activities

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	48,5 k €	-26.6%	66,1 k €	+375%	13,9 k €	-69.3%	45,4 k €	-27.7%	62,8 k €	+3.9%	60,4 k €	+31.6%	45,9 k €	-17.0%	55,3 k €	-20.8%	69,8 k €	+24.8%	55,9 k €	-43.3%	98,5 k €	-14.5%	115,2 k €	+15.8%	99,5 k €	+2.6%	97,0 k €	-11.7%	110,0 k €	-22.3%	141,5 k €	+40.6%	100,7 k €	+24.5%	80,9 k €	+57.1%	51,5 k €
EBITDA	45,0 k €	-28.2%	62,6 k €	+550%	9,6 k €	-76.1%	40,3 k €	-30.1%	57,6 k €	+2.0%	56,5 k €	+32.1%	42,7 k €	-20.5%	53,8 k €	-20.4%	67,6 k €	+29.7%	52,1 k €	-46.0%	96,6 k €	-14.9%	113,6 k €	+16.1%	97,8 k €	+2.6%	95,3 k €	-12.1%	108,4 k €	-22.6%	140,0 k €	+41.1%	99,2 k €	+24.4%	79,7 k €	+62.3%	49,1 k €
Operating result	32,8 k €	-38.8%	53,5 k €	+27409%	-196,0 €	-101%	26,4 k €	-39.8%	43,9 k €	-3.2%	45,4 k €	+1168%	3,6 k €	-92.8%	49,4 k €	-24.0%	65,0 k €	+47.5%	44,1 k €	-50.8%	89,7 k €	-16.4%	107,3 k €	+25.0%	85,8 k €	+3.5%	82,9 k €	-16.3%	99,0 k €	-24.7%	131,5 k €	+44.2%	91,2 k €	+24.0%	73,5 k €	+72.4%	42,6 k €
Net result	20,7 k €	-43.8%	36,8 k €	+909%	-4,6 k €	-133%	13,8 k €	-50.4%	27,7 k €	-17.8%	33,7 k €	+6375%	521,0 €	-98.5%	34,7 k €	-26.6%	47,3 k €	+52.4%	31,0 k €	-47.2%	58,7 k €	-18.8%	72,4 k €	+31.2%	55,2 k €	+5.1%	52,5 k €	-31.1%	76,1 k €	-32.4%	112,6 k €	+89.9%	59,3 k €	+109%	-630,6 k €	-3831%	-16,0 k €
Balance sheet
Equity	317,9 k €	+0.2%	317,2 k €	+13.1%	280,4 k €	-1.6%	284,9 k €	+5.1%	271,2 k €	+11.4%	243,5 k €	+16.1%	209,7 k €	+0.2%	209,2 k €	+19.9%	174,5 k €	+37.2%	127,2 k €	+32.3%	96,2 k €	+157%	37,4 k €	+207%	-34,9 k €	+61.2%	-90,1 k €	+36.8%	-142,5 k €	+34.8%	-218,6 k €	+34.0%	-331,2 k €	+15.2%	-390,5 k €	-263%	240,1 k €
Total assets	521,8 k €	+8.4%	481,3 k €	-2.5%	493,9 k €	-9.4%	544,9 k €	+10.2%	494,3 k €	+2.8%	480,9 k €	+2.5%	469,2 k €	+77.1%	265,0 k €	+24.9%	212,2 k €	+32.8%	159,7 k €	-7.0%	171,8 k €	+19.8%	143,3 k €	-4.6%	150,2 k €	+7.4%	139,8 k €	+17.7%	118,8 k €	+30.2%	91,2 k €	+72.3%	52,9 k €	+65.6%	32,0 k €	-95.5%	711,2 k €
Cash	50,6 k €	-33.4%	75,9 k €	+13.9%	66,7 k €	-30.2%	95,5 k €	-22.2%	122,8 k €	+22.9%	99,9 k €	+51.1%	66,1 k €	-24.4%	87,5 k €	+26.6%	69,2 k €	+158%	26,8 k €	-35.9%	41,8 k €	+331%	9,7 k €	-59.8%	24,1 k €	+209%	7,8 k €	-83.3%	46,8 k €	+178%	16,8 k €	-10.5%	18,8 k €	+27.2%	14,8 k €	+1044%	1,3 k €
Debts	203,9 k €	+24.3%	164,1 k €	-23.1%	213,5 k €	-17.9%	259,9 k €	+16.5%	223,1 k €	-6.1%	237,5 k €	-8.5%	259,5 k €	+365%	55,8 k €	+48.1%	37,7 k €	+15.9%	32,5 k €	-57.0%	75,6 k €	-28.6%	105,9 k €	-42.8%	185,1 k €	-19.5%	229,9 k €	-12.0%	261,3 k €	-15.7%	309,9 k €	-19.3%	384,2 k €	-8.3%	418,8 k €	-11.1%	471,1 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 2 ended

Active mandates

Els APPELTANS

Director · since 20 avril 2018

Active

Patrick HEYNEMAN

Managing director · since 20 avril 2018

Active

Ended mandates

Els APPELTANS

Director

Ended

Patrick HEYNEMAN

Managing director

Ended

At this address

Other companies at this address

Company	CBE no.
INTERIOR PROJECTS● Active	0873.216.071

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	02/04/2025	01/07/2024	17/08/2023	24/08/2022	22/07/2021	27/07/2020
General meeting	27/03/2025	20/06/2024	15/06/2023	16/06/2022	17/06/2021	18/06/2020
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2024	27/03/2025	02/04/2025	Dutch	PDF
Micro model	31/12/2023	20/06/2024	01/07/2024	Dutch	PDF
Micro model	31/12/2022	15/06/2023	17/08/2023	Dutch	PDF
Micro model	31/12/2021	16/06/2022	24/08/2022	Dutch	PDF
Micro model	31/12/2020	17/06/2021	22/07/2021	Dutch	PDF
Micro model	31/12/2019	18/06/2020	27/07/2020	Dutch	PDF
Micro model	31/12/2018	20/06/2019	09/08/2019	Dutch	PDF
Micro model	31/12/2017	21/06/2018	10/07/2018	Dutch	PDF
Micro model	31/12/2016	22/06/2017	27/06/2017	Dutch	PDF
Abridged model	31/12/2015	24/06/2016	28/08/2016	Dutch	PDF
Abridged model	31/12/2014	07/08/2015	12/08/2015	Dutch	PDF
Abridged model	31/12/2013	26/06/2014	28/07/2014	Dutch	PDF
Abridged model	31/12/2012	27/06/2013	21/08/2013	Dutch	PDF
Abridged model	31/12/2011	28/06/2012	15/08/2012	Dutch	PDF
Abridged model	31/12/2010	27/06/2011	11/08/2011	Dutch	PDF
Abridged model	31/12/2009	30/06/2010	06/08/2010	Dutch	PDF
Abridged model	31/12/2008	25/06/2009	24/07/2009	Dutch	PDF
Abridged model	31/12/2007	26/06/2008	06/08/2008	Dutch	PDF
Abridged model	31/12/2006	28/06/2007	27/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 31/12/2024 · 2 active · 2 ended

Active mandates

Els APPELTANS

Director · since 20 avril 2018

Active

Patrick HEYNEMAN

Managing director · since 20 avril 2018

Active

Ended mandates

Els APPELTANS

Director

Ended

Patrick HEYNEMAN

Managing director

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates03/04/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/05/2018
ONTSLAGEN - BENOEMINGEN
PDF
Registered office01/03/2010
MAATSCHAPPELIJKE ZETEL
PDF
Other23/10/2006
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates09/10/2006
SIEGE SOCIAL - DENOMINATION - OBJET - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - ASSEMBLEE GENERALE - CAPITAL, ACTIONS
PDF
Other01/12/2004
DIVERS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates08/11/2004
SIEGE SOCIAL - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Capital / shares26/02/2004
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - CAPITAL, ACTIONS
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

2024
Annual accounts 202420,7 k €↓
2023
Annual accounts 202336,8 k €↑
2022
Annual accounts 2022-4,6 k €↓
2021
Annual accounts 202113,8 k €↓
2021
Name changeS.A. HOLDING GECO
2020
Annual accounts 202027,7 k €↓
2019
Annual accounts 201933,7 k €↑
2018
Annual accounts 2018521,0 €↓
2017
Annual accounts 201734,7 k €↓
2016
Annual accounts 201647,3 k €↑
2015
Annual accounts 201531,0 k €↓
2014
Annual accounts 201458,7 k €↓
2013
Annual accounts 201372,4 k €↑
2012
Annual accounts 201255,2 k €↑
2011
Annual accounts 201152,5 k €↓
2010
Annual accounts 201076,1 k €↓
2009
Annual accounts 2009112,6 k €↑
2008
Annual accounts 200859,3 k €↑
2007
Annual accounts 2007-630,6 k €↓
2006
Annual accounts 2006-16,0 k €
2006
Name changeGECOTEC
23/12/1992
IncorporationPublic 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

GECOTEC

Overview

What does GECOTEC do?

Trend over 19 financial years

Indicative valuation

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