ACTIVE

GEHECO

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Financial year 2025 · closed on 30/09/2025
Net result
-115,7 k €
-732.8% YoY
Gross margin
-30,8 k €
-127.4% YoY
Equity
306,7 k €
-27.4% YoY
Workforce
2,0 ETP
-13.0% YoY

What does GEHECO do?

GEHECO is a Private limited company incorporated in 2010. Its main activity is: Retail sale of music and video recordings in specialised stores. Its registered office is in Uccle. It employs on average 2,0 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0822.399.553
Incorporation
19/01/2010
Legal form
Private limited company
Registered office
Rue Zandbeek 87
1180 Uccle · BruxellesSee on map
Contributed capital
20 000,00 €
Latest accounts
30/09/2025
Average workforce
2,0 ETP
Activities (NACE)
47632Retail sale of music and video recordings in specialised stores· main47785Other retail sale of new goods in specialised stores47639Retail sale of music and video recordings in specialised stores47640Retail sale of sporting equipment in specialised stores70210Public relations and communication activities73300Advertising and market research
Joint committees (1)
  • 201
Signals
Solid equityLow riskGood liquidityHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 15 financial years

202520242023202220212020201920182017201620152014201320122011
Income statement
Gross margin-30,8 k €112,5 k €152,9 k €167,6 k €317 k €250,9 k €193,8 k €152,4 k €136,5 k €135,2 k €52,9 k €49,8 k €38,5 k €25,2 k €23,3 k €
EBITDA-126,9 k €33 k €20,8 k €31,3 k €157,4 k €190,6 k €116,4 k €69,4 k €74,3 k €63 k €5,3 k €19,2 k €13,1 k €16,3 k €-1,9 k €
Operating result-131,4 k €20,9 k €6,5 k €18,6 k €147,3 k €182,9 k €108,1 k €63,1 k €68 k €58,7 k €-2,3 k €12 k €6,8 k €11 k €-6,7 k €
Net result-115,7 k €18,3 k €14,3 k €27,5 k €140,9 k €136 k €94,1 k €58,4 k €56,5 k €46,5 k €639,6 €10,8 k €5,5 k €8,2 k €-5,8 k €
Balance sheet
Equity306,7 k €422,4 k €464,1 k €489,8 k €513,3 k €372,4 k €251,4 k €174,3 k €124,3 k €75,8 k €39,2 k €38,7 k €27,9 k €22,4 k €14,2 k €
Total assets392,5 k €588,6 k €547,9 k €620,2 k €665 k €581,7 k €361,7 k €313,7 k €224,8 k €205,4 k €158,2 k €174,5 k €137,1 k €135 k €113,4 k €
Cash247,1 k €154,4 k €60,2 k €72,7 k €76,9 k €268,9 k €107,9 k €56,6 k €111,6 k €95,4 k €59,3 k €44,2 k €40,6 k €44,9 k €22,9 k €
Debts85,8 k €165,8 k €83,2 k €130 k €151,6 k €182,8 k €103,1 k €139,5 k €100,4 k €115,6 k €118,6 k €134,7 k €108,9 k €98,3 k €86,5 k €
Other
Workforce2,0 ETP2,3 ETP3,3 ETP3,9 ETP–2,5 ETP2,6 ETP2,6 ETP2,5 ETP2,5 ETP2,4 ETP2,6 ETP1,2 ETP0,4 ETP0,7 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 30/09/2025 · 1 active · 2 ended

Active mandates

Geert Celestinus J Heugebaert

Director

Active

Ended mandates

Geert Heugebaert

Director

Ended
Geert Heugebaert

Manager

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelMicro modelAbridged model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
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 months12 months
Filing date30/04/202625/04/202502/04/202422/05/202331/05/202217/05/2021
General meeting25/03/202625/03/202525/03/202425/03/202313/05/202225/03/2021
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

15 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/09/202525/03/202630/04/2026FrenchPDF
Abridged model30/09/202425/03/202525/04/2025FrenchPDF
Abridged model30/09/202325/03/202402/04/2024FrenchPDF
Abridged model30/09/202225/03/202322/05/2023FrenchPDF
Micro model30/09/202113/05/202231/05/2022DutchPDF
Abridged model30/09/202025/03/202117/05/2021DutchPDF
Abridged model30/09/201925/03/202026/05/2020DutchPDF
Abridged model30/09/201825/03/201923/04/2019DutchPDF
Abridged model30/09/201725/03/201802/05/2018DutchPDF
Abridged model30/09/201625/03/201708/05/2017DutchPDF
Abridged model30/09/201525/03/201606/05/2016DutchPDF
Abridged model30/09/201425/03/201530/03/2015DutchPDF
Abridged model30/09/201325/03/201430/04/2014DutchPDF
Abridged model30/09/201225/03/201325/04/2013DutchPDF
Abridged model30/09/201125/03/201214/05/2012DutchPDF
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 30/09/2025 · 1 active · 2 ended

Active mandates

Geert Celestinus J Heugebaert

Director

Active

Ended mandates

Geert Heugebaert

Director

Ended
Geert Heugebaert

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office22/12/2025
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates18/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other29/01/2010
    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 2025-115,7 k €↓
  2. 2024
    Annual accounts 202418,3 k €↑
  3. 2023
    Annual accounts 202314,3 k €↓
  4. 2022
    Annual accounts 202227,5 k €↓
  5. 2021
    Annual accounts 2021140,9 k €↑
  6. 2020
    Annual accounts 2020136 k €↑
  7. 2019
    Annual accounts 201994,1 k €↑
  8. 2018
    Annual accounts 201858,4 k €↑
  9. 2017
    Annual accounts 201756,5 k €↑
  10. 2016
    Annual accounts 201646,5 k €↑
  11. 2015
    Annual accounts 2015639,6 €↓
  12. 2014
    Annual accounts 201410,8 k €↑
  13. 2013
    Annual accounts 20135,5 k €↓
  14. 2012
    Annual accounts 20128,2 k €↑
  15. 2011
    Annual accounts 2011-5,8 k €
  16. 19/01/2010
    IncorporationPrivate limited company