ACTIVE

GECODI

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Financial year 2025 · closed on 30/06/2025

Net result

-5,1 k €

-71.8% YoY

Gross margin

-11,5 k €

-30.6% YoY

Equity

312,4 k €

-1.6% YoY

What does GECODI do?

GECODI is a Private limited company incorporated in 1996. Its main activity is: Market research and public opinion polling. Its registered office is in Auderghem.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0459.408.727

Incorporation

11/12/1996

Legal form

Private limited company

Registered office

Boulevard du Souverain 398
1160 Auderghem · BruxellesSee on map

Contributed capital

6 197,32 €

Latest accounts

30/06/2025

Activities (NACE)

73200Market research and public opinion polling· main 73200Market research and public opinion polling 74131Specialised design activities

Signals

Solid equityLow riskGood liquidityPositive cashflow

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	-11,5 k €	-30.6%	-8,8 k €	-108%	106,3 k €	+14.5%	92,8 k €	+435%	17,3 k €	-22.1%	22,3 k €	-51.7%	46,1 k €	+86.2%	24,8 k €	+65.2%	15 k €	-40.2%	25 k €	-16.8%	30,1 k €	+12.3%	26,8 k €	-38.4%	43,5 k €	+78.4%	24,4 k €	-5.6%	25,8 k €	+320%	-11,8 k €	-131%	37,9 k €	+7990%	-479,8 €	-100%	181,3 k €
EBITDA	-12 k €	-29.4%	-9,3 k €	-109%	105,8 k €	+16.2%	91 k €	+425%	17,3 k €	-21.3%	22 k €	-50.1%	44,2 k €	+97.0%	22,4 k €	+88.3%	11,9 k €	-47.7%	22,8 k €	-19.5%	28,3 k €	+13.0%	25 k €	-38.4%	40,7 k €	+83.7%	22,2 k €	-5.6%	23,5 k €	+263%	-14,4 k €	-141%	35,4 k €	+1520%	-2,5 k €	-101%	179,7 k €
Operating result	-17,3 k €	-33.5%	-13 k €	-113%	101,1 k €	+16.8%	86,6 k €	+462%	15,4 k €	-25.1%	20,6 k €	-51.8%	42,7 k €	+108%	20,6 k €	+272%	5,5 k €	-53.7%	11,9 k €	-37.9%	19,2 k €	+30.4%	14,7 k €	-54.4%	32,3 k €	+102%	16 k €	+16.4%	13,8 k €	+157%	-24 k €	-193%	25,9 k €	+362%	-9,9 k €	-106%	171,9 k €
Net result	-5,1 k €	-71.8%	-3 k €	-104%	83,2 k €	+14.1%	73 k €	+319%	17,4 k €	-6.4%	18,6 k €	-45.7%	34,3 k €	+142%	14,2 k €	+362%	3,1 k €	-74.1%	11,8 k €	+13.1%	10,4 k €	+21.3%	8,6 k €	-58.0%	20,5 k €	+261%	5,7 k €	-13.8%	6,6 k €	+127%	-24,4 k €	-221%	20,2 k €	+156%	-36,2 k €	-129%	126 k €
Balance sheet
Equity	312,4 k €	-1.6%	317,6 k €	-0.9%	320,5 k €	+21.9%	263 k €	+38.4%	190 k €	+10.1%	172,6 k €	+12.1%	154 k €	+28.7%	119,7 k €	+13.4%	105,6 k €	+3.0%	102,5 k €	+13.0%	90,7 k €	+13.0%	80,2 k €	+12.0%	71,6 k €	+40.1%	51,1 k €	+12.5%	45,4 k €	+17.0%	38,8 k €	-38.6%	63,3 k €	-62.0%	166,5 k €	-17.9%	202,8 k €
Total assets	326,6 k €	-14.0%	379,8 k €	-12.6%	434,5 k €	+19.1%	364,8 k €	+25.3%	291,2 k €	+16.9%	249,2 k €	+23.5%	201,8 k €	+13.4%	178 k €	+8.3%	164,3 k €	+9.6%	149,9 k €	-12.0%	170,4 k €	+16.1%	146,8 k €	+8.1%	135,8 k €	+21.6%	111,8 k €	+7.7%	103,8 k €	+6.9%	97,1 k €	-49.8%	193,4 k €	-0.4%	194,2 k €	-28.8%	272,9 k €
Cash	4,3 k €		–		2,4 k €		–		–		–		6,6 k €		–		–		–		3,1 k €		–		32,8 k €	+1.7%	32,3 k €	+91.8%	16,8 k €	+18.8%	14,2 k €	+333%	3,3 k €	-4.0%	3,4 k €		–
Debts	14,1 k €	-77.3%	62,2 k €	-45.4%	114 k €	+12.0%	101,8 k €	+0.6%	101,2 k €	+32.1%	76,6 k €	+60.2%	47,8 k €	-8.3%	52,1 k €	-11.2%	58,8 k €	+24.0%	47,4 k €	-40.5%	79,7 k €	+19.7%	66,6 k €	+3.7%	64,2 k €	+5.9%	60,6 k €	+3.9%	58,4 k €	+0.2%	58,3 k €	-55.2%	130,1 k €	+371%	27,6 k €	-60.6%	70,1 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 30/06/2025 · 1 active · 2 ended

Active mandates

Denis PIERRARD

Director

Active

Ended mandates

DENID PIERRARD

Manager

Ended

Denis PIERRARD

Manager

Ended

At this address

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	25/02/2026	26/02/2025	29/02/2024	16/02/2023	25/02/2022	15/02/2021
General meeting	12/12/2025	13/12/2024	11/12/2023	12/12/2022	13/12/2021	04/12/2020
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	30/06/2025	12/12/2025	25/02/2026	French	PDF
Micro model	30/06/2024	13/12/2024	26/02/2025	French	PDF
Micro model	30/06/2023	11/12/2023	29/02/2024	French	PDF
Micro model	30/06/2022	12/12/2022	16/02/2023	French	PDF
Micro model	30/06/2021	13/12/2021	25/02/2022	French	PDF
Micro model	30/06/2020	04/12/2020	15/02/2021	French	PDF
Micro model	30/06/2019	13/12/2019	23/03/2020	French	PDF
Micro model	30/06/2018	27/12/2018	18/02/2019	French	PDF
Micro model	30/06/2017	27/12/2017	13/02/2018	French	PDF
Abridged model	30/06/2016	29/12/2016	23/01/2017	French	PDF
Abridged model	30/06/2015	29/12/2015	02/02/2016	French	PDF
Abridged model	30/06/2014	26/01/2015	12/02/2015	French	PDF
Abridged model	30/06/2013	20/12/2013	07/03/2014	French	PDF
Abridged model	30/06/2012	01/03/2013	24/04/2013	French	PDF
Abridged model	30/06/2011	16/12/2011	29/02/2012	French	PDF
Abridged model	30/06/2010	17/12/2010	16/02/2011	French	PDF
Abridged model	30/06/2009	23/12/2009	23/02/2010	French	PDF
Abridged model	30/06/2008	30/12/2008	19/02/2009	French	PDF
Abridged model	30/06/2007	06/01/2008	21/02/2008	French	PDF
Abridged model	30/06/2006	22/12/2006	12/02/2007	French	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 30/06/2025 · 1 active · 2 ended

Active mandates

Denis PIERRARD

Director

Active

Ended mandates

DENID PIERRARD

Manager

Ended

Denis PIERRARD

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office01/09/2025
Siège
PDF
Mandates06/02/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
PDF
Registered office03/09/2020
SIEGE SOCIAL - MODIFICATION FORME JURIDIQUE
PDF
Registered office02/07/2014
SIEGE SOCIAL
PDF
Mandates17/10/2008
DEMISSIONS, NOMINATIONS
PDF
Mandates05/10/2007
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

2025
Annual accounts 2025-5,1 k €↓
2024
Annual accounts 2024-3 k €↓
2023
Annual accounts 202383,2 k €↑
2022
Annual accounts 202273 k €↑
2021
Annual accounts 202117,4 k €↓
2020
Annual accounts 202018,6 k €↓
2019
Annual accounts 201934,3 k €↑
2018
Annual accounts 201814,2 k €↑
2017
Annual accounts 20173,1 k €↓
2016
Annual accounts 201611,8 k €↑
2015
Annual accounts 201510,4 k €↑
2014
Annual accounts 20148,6 k €↓
2013
Annual accounts 201320,5 k €↑
2012
Annual accounts 20125,7 k €↓
2011
Annual accounts 20116,6 k €↑
2010
Annual accounts 2010-24,4 k €↓
2009
Annual accounts 200920,2 k €↑
2008
Annual accounts 2008-36,2 k €↓
2007
Annual accounts 2007126 k €
11/12/1996
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

GECODI

Overview

What does GECODI 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