ACTIVE

GECRO PROJECTS

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Financial year 2025 · closed on 31/12/2025

Net result

-135,4 k €

-8.6% YoY

Gross margin

-124,6 k €

-27.0% YoY

Equity

680 k €

-16.6% YoY

What does GECRO PROJECTS do?

GECRO PROJECTS is a Private limited company incorporated in 2002. Its main activity is: Floor and wall covering. Its registered office is in Westerlo.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0477.931.767

Incorporation

08/07/2002

Legal form

Private limited company

Registered office

Koning Leopoldlaan 26 box A
2260 Westerlo · FlandreSee on map

Contributed capital

27 967,04 €

Latest accounts

31/12/2025

Activities (NACE)

43331Floor and wall covering· main 43331Floor and wall covering 45431Sale, maintenance and repair of motorcycles and related parts and accessories 43230Electrical, plumbing and other construction installation activities 43291Other construction installation 43350Building completion and finishing+6

Joint committees (2)

Signals

Solid equityLow riskGood liquidity

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	-124,6 k €	-27.0%	-98 k €	-104%	-48 k €	+14.0%	-55,8 k €	-771%	8,3 k €	-84.6%	53,9 k €	+1267%	3,9 k €	-86.1%	28,3 k €	+33.1%	21,3 k €	-24.7%	28,3 k €	-21.7%	36,1 k €	-39.3%	59,5 k €	-89.4%	562,2 k €	-25.5%	754,8 k €	-20.6%	950,5 k €	-16.1%	1,1 M €	-13.1%	1,3 M €	-43.8%	2,3 M €
EBITDA	-128,9 k €	-30.8%	-98,6 k €	-98.2%	-49,7 k €	+21.0%	-63 k €	-3441%	1,9 k €	-96.0%	47,4 k €	+2335%	-2,1 k €	+95.8%	-51 k €	-429%	15,5 k €	-31.1%	22,5 k €	-1.3%	22,8 k €	-41.9%	39,3 k €	-69.0%	126,6 k €	+148%	51,1 k €	-76.0%	212,8 k €	-43.8%	378,5 k €	-19.1%	467,9 k €	-64.0%	1,3 M €
Operating result	-143,7 k €	-22.0%	-117,8 k €	-94.4%	-60,6 k €	+7.7%	-65,6 k €	-8397%	790,8 €	-98.3%	46,3 k €	+295%	-23,8 k €	-464%	6,5 k €	-40.5%	11 k €	-51.9%	22,8 k €	+3270%	-720,5 €	-104%	16,1 k €	-34.3%	24,5 k €	-18.6%	30 k €	-67.8%	93,4 k €	-71.0%	321,7 k €	-17.0%	387,4 k €	-68.2%	1,2 M €
Net result	-135,4 k €	-8.6%	-124,7 k €	-116%	785,9 k €	+1282%	-66,5 k €	-12247%	547,3 €	-98.8%	44,3 k €	+292%	-23,1 k €	-862%	-2,4 k €	+61.2%	-6,2 k €	-1748%	376,4 €	-52.0%	784,4 €	-94.2%	13,6 k €	+17.7%	11,5 k €	-49.1%	22,7 k €	-65.8%	66,2 k €	-69.7%	218,6 k €	-21.0%	276,6 k €	-64.9%	788,6 k €
Balance sheet
Equity	680 k €	-16.6%	815,4 k €	-13.3%	940,2 k €	+509%	154,4 k €	-30.1%	220,9 k €	+224%	68,2 k €	+186%	23,9 k €	-62.9%	64,4 k €	-3.6%	66,8 k €	-81.1%	353 k €	+0.1%	352,6 k €	+0.2%	351,8 k €	+4.0%	338,2 k €	-56.5%	776,7 k €	+3.0%	754 k €	+9.6%	687,8 k €	-41.2%	1,2 M €	-2.0%	1,2 M €
Total assets	906,7 k €	-13.6%	1 M €	-15.2%	1,2 M €	+519%	199,9 k €	-11.2%	225,2 k €	+174%	82,1 k €	+145%	33,6 k €	-74.9%	133,6 k €	-66.4%	397,6 k €	+1.8%	390,6 k €	-5.7%	414,4 k €	-50.8%	841,5 k €	-20.1%	1,1 M €	-17.5%	1,3 M €	-9.1%	1,4 M €	-19.5%	1,7 M €	-37.4%	2,8 M €	-15.1%	3,3 M €
Cash	554,9 k €	+5.8%	524,6 k €	+2.2%	513,2 k €	+4113%	12,2 k €	-67.0%	36,9 k €	-14.3%	43 k €	+488%	7,3 k €	-89.0%	66,5 k €	-78.4%	307,5 k €	+8.7%	283 k €	+16.1%	243,7 k €	-62.7%	654,2 k €	+1003%	59,3 k €	-17.1%	71,6 k €	-68.8%	229,8 k €	+41.0%	162,9 k €	+122%	73,4 k €	-45.4%	134,4 k €
Debts	226,7 k €	-3.0%	233,8 k €	-21.5%	297,7 k €	+554%	45,5 k €	+956%	4,3 k €	-69.1%	14 k €	+43.6%	9,7 k €	-86.0%	69,2 k €	-79.1%	330,8 k €	+779%	37,6 k €	-39.0%	61,7 k €	-87.4%	489,7 k €	-31.5%	715,1 k €	+42.9%	500,4 k €	-23.0%	650,2 k €	-38.5%	1,1 M €	-34.7%	1,6 M €	-22.6%	2,1 M €
Other
Workforce	–		–		–		–		–		–		–		0,0 ETP		–		–		0,0 ETP		0,0 ETP	-100%	9,5 ETP	-22.1%	12,2 ETP	-26.5%	16,6 ETP	+3.8%	16,0 ETP	-15.3%	18,9 ETP	-23.5%	24,7 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 22 ended

Active mandates

Geert Croonenborghs

Director

Active

Ended mandates

Geert Croonenborghs

Director · since 01 novembre 2021

Ended

Louella De Coster

Director · since 01 novembre 2021

Ended

Roger Croonenborghs

Director · since 31 décembre 2015

Ended

Roger Croonenborghs

Manager · since 31 décembre 2015

Ended

At this address

Other companies at this address

Company	CBE no.
IMMO - GENICRO● Active	0443.988.695
R. Croonenborghs● Active	0418.917.759

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	01/01/2025	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	29/06/2026	31/07/2025	30/08/2024	27/07/2023	22/08/2022	30/08/2021
General meeting	20/06/2026	30/06/2025	28/08/2024	30/06/2023	02/08/2022	19/06/2021
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
Micro model	31/12/2025	20/06/2026	29/06/2026	Dutch	PDF
Micro model	31/12/2024	30/06/2025	31/07/2025	Dutch	PDF
Micro model	31/12/2023	28/08/2024	30/08/2024	Dutch	PDF
Micro model	31/12/2022	30/06/2023	27/07/2023	Dutch	PDF
Micro model	31/12/2021	02/08/2022	22/08/2022	Dutch	PDF
Micro model	31/12/2020	19/06/2021	30/08/2021	Dutch	PDF
Abridged model	31/12/2019	21/08/2020	21/08/2020	Dutch	PDF
Abridged model	31/12/2018	15/06/2019	02/08/2019	Dutch	PDF
Abridged model	31/12/2017	29/06/2018	27/08/2018	Dutch	PDF
Abridged model	31/12/2016	17/06/2017	29/08/2017	Dutch	PDF
Abridged model	31/12/2015	18/06/2016	23/06/2016	Dutch	PDF
Abridged model	31/12/2014	20/06/2015	26/06/2015	Dutch	PDF
Abridged model	31/12/2013	14/04/2014	31/07/2014	Dutch	PDF
Abridged model	31/12/2012	15/06/2013	03/07/2013	Dutch	PDF
Abridged model	31/12/2011	16/06/2012	21/06/2012	Dutch	PDF
Abridged model	31/12/2010	18/06/2011	28/06/2011	Dutch	PDF
Abridged model	31/12/2009	19/06/2010	25/06/2010	Dutch	PDF
Abridged model	31/12/2008	20/06/2009	30/06/2009	Dutch	PDF
Abridged model	31/12/2007	21/06/2008	30/06/2008	Dutch	PDF
Abridged model	31/12/2006	16/06/2007	05/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

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 · 22 ended

Active mandates

Geert Croonenborghs

Director

Active

Ended mandates

Geert Croonenborghs

Director · since 01 novembre 2021

Ended

Louella De Coster

Director · since 01 novembre 2021

Ended

Roger Croonenborghs

Director · since 31 décembre 2015

Ended

Roger Croonenborghs

Manager · since 31 décembre 2015

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Restructuring04/12/2023
RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ... - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring22/09/2023
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
PDF
Restructuring29/12/2021
KAPITAAL - AANDELEN - WIJZIGING RECHTSVORM - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates20/12/2021
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring10/11/2021
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Capital / shares26/03/2015
BENAMING - DOEL - KAPITAAL - AANDELEN - WIJZIGING RECHTSVORM
PDF
Capital / shares10/12/2008
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates03/12/2008
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 2025-135,4 k €↓
2024
Annual accounts 2024-124,7 k €↓
2023
Annual accounts 2023785,9 k €↑
2023
Name changeGeCro Projects
2022
Annual accounts 2022-66,5 k €↓
2021
Annual accounts 2021547,3 €↓
2021
Name changeMBV Beheer
2020
Annual accounts 202044,3 k €↑
2019
Annual accounts 2019-23,1 k €↓
2016
Annual accounts 2016-2,4 k €↑
2015
Annual accounts 2015-6,2 k €↓
2014
Annual accounts 2014376,4 €↓
2013
Annual accounts 2013784,4 €↓
2012
Annual accounts 201213,6 k €↑
2011
Annual accounts 201111,5 k €↓
2010
Annual accounts 201022,7 k €↓
2009
Annual accounts 200966,2 k €↓
2008
Annual accounts 2008218,6 k €↓
2007
Annual accounts 2007276,6 k €↓
2006
Annual accounts 2006788,6 k €
08/07/2002
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

GECRO PROJECTS

Overview

What does GECRO PROJECTS do?

Trend over 18 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