ACTIVE

Gheco

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Financial year 2025 · closed on 30/09/2025
Net result
71,3 k €
-30.1% YoY
Gross margin
90,8 k €
-33.2% YoY
Equity
280,7 k €
+34.0% YoY

What does Gheco do?

Gheco is a Private limited company incorporated in 2019. Its main activity is: Management consultancy activities. Its registered office is in Temse.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0722.648.614
Incorporation
12/03/2019
Legal form
Private limited company
Registered office
Rotstraat 16
9140 Temse · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
30/09/2025
Activities (NACE)
70200Management consultancy activities· main70220Business and other management consultancy activities82990Other business support service activities n.e.c.82990Other business support service activities n.e.c.
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 6 financial years

202520242023202220212020
Income statement
Gross margin90,8 k €136 k €47 k €4 k €91 k €51,5 k €
EBITDA85,9 k €133,1 k €46,1 k €-17,4 k €87,8 k €41,9 k €
Operating result85,9 k €133,1 k €46,1 k €-17,4 k €70 k €38,8 k €
Net result71,3 k €102 k €35 k €-20,4 k €47,5 k €26,8 k €
Balance sheet
Equity280,7 k €209,5 k €107,5 k €72,6 k €92,9 k €45,4 k €
Total assets525,8 k €406,4 k €200 k €137,8 k €178,8 k €168,8 k €
Cash193,6 €1,2 k €–44 k €36,3 k €31,8 k €
Debts245 k €196,9 k €92,4 k €65,2 k €85,9 k €122,7 k €
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 30/09/2025 · 1 active · 1 ended

Active mandates

Ghislain Cordeel

Director

Active

Ended mandates

Ghislain Cordeel

Administrator - manager · since 12 mars 2019

Ended
At this address

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FINO● Active
0456.886.925
SUY● Active
0805.497.797
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/03/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months19 months
Filing date20/05/202615/05/202523/07/202426/04/202329/04/202230/04/2021
General meeting21/03/202615/03/202523/07/202418/03/202319/03/202215/03/2021
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

6 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/09/202521/03/202620/05/2026DutchPDF
Micro model30/09/202415/03/202515/05/2025DutchPDF
Micro model30/09/202323/07/202423/07/2024DutchPDF
Micro model30/09/202218/03/202326/04/2023DutchPDF
Micro model30/09/202119/03/202229/04/2022DutchPDF
Micro model30/09/202015/03/202130/04/2021DutchPDF
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 30/09/2025 · 1 active · 1 ended

Active mandates

Ghislain Cordeel

Director

Active

Ended mandates

Ghislain Cordeel

Administrator - manager · since 12 mars 2019

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates24/06/2019
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - BENAMING - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other14/03/2019
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 202571,3 k €↓
  2. 2024
    Annual accounts 2024102 k €↑
  3. 2023
    Annual accounts 202335 k €↑
  4. 2022
    Annual accounts 2022-20,4 k €↓
  5. 2021
    Annual accounts 202147,5 k €↑
  6. 2020
    Annual accounts 202026,8 k €
  7. 12/03/2019
    IncorporationPrivate limited company