CH. GERON
ActiveSummary
CH. GERON has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €717k and a net result of €99k. Equity is shrinking by ~4.4% per year across the filed fiscal years. Its solvency ranks better than 27% of 7838 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability73▼-10
Solvency51▼-3
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity short (current ratio 0.87 against 0.96 in 2024; short-term debt: 46.3% and cash: 11.9% of total assets), and 74.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
25.6%
Return on assets
3.5%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €717k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-08-2026, 3 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
3 d late
2024
26 d late
2023
30 d late
2022
25 d late
2021
24 d late
2020
38 d early
2019
31 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€99k▼ 65.2%
2024 · €284k
2018: €262k
2019: €245k▼ -6.3% vs 2018
2020: €2k▼ -99.1% vs 2019lowest in 8 years
2021: €425k▲ +20201% vs 2020highest in 8 years
2022: €187k▼ -55.9% vs 2021
2023: €294k▲ +56.8% vs 2022
2024: €284k▼ -3.2% vs 2023
2025: €99k▼ -65.2% vs 2024
2018 → 2025
Working capital
€-173k▼ 364%
2024 · €-37k
2018: €-245k
2019: €-167k▲ +31.8% vs 2018
2020: €-425k▼ -154% vs 2019lowest in 8 years
2021: €-194k▲ +54.3% vs 2020
2022: €140k▲ +172% vs 2021highest in 8 years
2023: €24k▼ -82.8% vs 2022
2024: €-37k▼ -255% vs 2023
2025: €-173k▼ -364% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.34M-€1.34M=€588k▼ 56.2%€716k▲ 21.7%€717k▲ 0.1%
2021: €1.34Mhighest in 5 years
2022: €1.34M● -0.0% vs 2021
2023: €588k▼ -56.2% vs 2022lowest in 5 years
2024: €716k▲ +21.7% vs 2023
2025: €717k▲ +0.1% vs 2024
Operating result€462k-€139k▼ 69.9%€406k▲ 192%€295k▼ 27.4%€158k▼ 46.5%
2021: €462khighest in 5 years
2022: €139k▼ -69.9% vs 2021lowest in 5 years
2023: €406k▲ +192% vs 2022
2024: €295k▼ -27.4% vs 2023
2025: €158k▼ -46.5% vs 2024
Net result€425k-€187k▼ 55.9%€294k▲ 56.8%€284k▼ 3.2%€99k▼ 65.2%
2021: €425khighest in 5 years
2022: €187k▼ -55.9% vs 2021
2023: €294k▲ +56.8% vs 2022
2024: €284k▼ -3.2% vs 2023
2025: €99k▼ -65.2% vs 2024lowest in 5 years
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 46% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.79M
Fixed assets
€1.67M ▲ 14.8%
Current assets
€1.12M ▲ 15.2%
Equity and liabilities €2.79M
Equity
€717k ▲ 0.1%
Debt
€2.08M ▲ 21.1%
Debt's share of the balance-sheet total rises from 70.6% to 74.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€597k▼
2024 · €673k
Cash flow
€538k▼
2024 · €663k
Current ratio
0.87▼
2024 · 0.96
Debt to equity
2.90▲
2024 · 2.40
ROE
13.8%▼
2024 · 39.7%
ROA
3.5%▼
2024 · 11.7%
Interest coverage
14.56▼
2024 · 15.51
Debt ≤ 1 year
€1.29M▲
2024 · €1.01M
Debt > 1 year
€785k▲
2024 · €706k
Income taxes
€19k▼
2024 · €82k
Staff costs
€898k▲
2024 · €862k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 54 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.43M€2.79M▲
Fixed assets21/28€1.46M€1.67M▲
Intangible fixed assets21€6k€4k▼
Tangible fixed assets22/27€1.42M€1.64M▲
Plant, machinery and equipment23€995k€780k▼
Furniture and vehicles24€261k€602k▲
Leasing and similar rights25€166k€257k▲
Financial fixed assets28€32k€32k▼
Current assets29/58€972k€1.12M▲
Amounts receivable within one year40/41€709k€788k▲
Trade receivables40€598k€583k▼
Other amounts receivable41€111k€204k▲
Cash at bank and in hand54/58€264k€332k▲
Equity and liabilities
Total equity and liabilities10/49€2.43M€2.79M▲
Equity10/15€716k€717k▲
Contributions10/11€8k€8k=
Reserves13€345k€345k=
Non-distributable reserves130/1€6k€6k=
Reserves not available under the articles1311€6k€6k=
Distributable reserves133€339k€339k=
Profit (loss) carried forward14€363k€364k▲
Amounts payable17/49€1.72M€2.08M▲
Amounts payable after more than one year17€706k€785k▲
Financial debts170/4€706k€785k▲
Amounts payable within one year42/48€1.01M€1.29M▲
Current portion of amounts payable after more than one year42€450k€472k▲
Trade debts44€224k€514k▲
Suppliers440/4€224k€514k▲
Taxes, remuneration and social security45€80k€55k▼
Taxes450/3€56k€17k▼
Remuneration and social security454/9€25k€38k▲
Other amounts payable47/48€255k€252k▼
Income statement
Code20242025
Remuneration, social security and pensions62€862k€898k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€378k€439k▲
Other operating charges640/8€22k€40k▲
Gross operating margin9900€1.56M€1.54M▼
Operating profit (loss)9901€295k€158k▼
Financial income75/76B€114k€1k▼
Recurring financial income75€114k€1k▼
Financial charges65/66B€43k€41k▼
Recurring financial charges65€43k€41k▼
Profit (loss) for the period before taxes9903€366k€118k▼
Income taxes67/77€82k€19k▼
Profit (loss) for the period9904€284k€99k▼
Profit (loss) for the period to be appropriated9905€284k€99k▼
Appropriation of the result
Profit (loss) to be appropriated9906€644k€462k▼
Profit (loss) brought forward from the previous period14P€360k€363k▲
Transfer from equity791/2€42k€75k▲
Transfer to equity691/2€264k€75k▼
To other reserves6921€264k€75k▼
Profit to be distributed694/7€59k€98k▲
Return on contributions (dividend)694€42k€75k▲
Directors or managers695€17k€23k▲
Social balance
Average headcount (FTE)908717.918.5▲
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €540k | €575k | €790k | €862k | €898k | ▲ 4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €626k | €546k | €363k | €378k | €439k | ▲ 16.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €-2k | - | - | - | - | - |
| Other operating charges640/8 | €39k | €39k | €31k | €22k | €40k | ▲ 84.7% |
| Gross operating margin9900 | €1.66M | €1.30M | €1.59M | €1.56M | €1.54M | ▼ 1.4% |
| Operating profit (loss)9901 | €462k | €139k | €406k | €295k | €158k | ▼ 46.5% |
| Financial income75/76B | €78k | €77k | €2k | €114k | €1k | ▼ 98.9% |
| Recurring financial income75 | €78k | €77k | €2k | €114k | €1k | ▼ 98.9% |
| Financial charges65/66B | €25k | €17k | €30k | €43k | €41k | ▼ 5.6% |
| Recurring financial charges65 | €25k | €17k | €30k | €43k | €41k | ▼ 5.6% |
| Profit (loss) for the period before taxes9903 | €514k | €198k | €378k | €366k | €118k | ▼ 67.7% |
| Transfer from deferred taxes780 | €2k | €2k | - | - | - | - |
| Income taxes67/77 | €92k | €13k | €84k | €82k | €19k | ▼ 76.7% |
| Profit (loss) for the period9904 | €425k | €187k | €294k | €284k | €99k | ▼ 65.2% |
| Transfer from tax-exempt reserves789 | €5k | €5k | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €430k | €193k | €294k | €284k | €99k | ▼ 65.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.08M | €3.07M | €2.60M | €2.43M | €2.79M | ▲ 14.9% |
| Fixed assets21/28 | €2.07M | €1.96M | €1.27M | €1.46M | €1.67M | ▲ 14.8% |
| Intangible fixed assets21 | €13k | €10k | €7k | €6k | €4k | ▼ 35.4% |
| Tangible fixed assets22/27 | €2.03M | €1.91M | €1.22M | €1.42M | €1.64M | ▲ 15.3% |
| Land and buildings22 | €944k | €838k | - | - | - | - |
| Plant, machinery and equipment23 | €847k | €867k | €881k | €995k | €780k | ▼ 21.6% |
| Furniture and vehicles24 | €237k | €203k | €342k | €261k | €602k | ▲ 131% |
| Leasing and similar rights25 | - | - | - | €166k | €257k | ▲ 55.1% |
| Financial fixed assets28 | €32k | €38k | €40k | €32k | €32k | ▼ 0.4% |
| Current assets29/58 | €1.00M | €1.11M | €1.33M | €972k | €1.12M | ▲ 15.2% |
| Amounts receivable within one year40/41 | €701k | €678k | €959k | €709k | €788k | ▲ 11.1% |
| Trade receivables40 | €693k | €613k | €853k | €598k | €583k | ▼ 2.4% |
| Other amounts receivable41 | €7k | €66k | €105k | €111k | €204k | ▲ 84.0% |
| Cash at bank and in hand54/58 | €294k | €425k | €371k | €264k | €332k | ▲ 26.1% |
| Deferred charges and accrued income490/1 | €10k | €6k | €3k | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.08M | €3.07M | €2.60M | €2.43M | €2.79M | ▲ 14.9% |
| Equity10/15 | €1.34M | €1.34M | €588k | €716k | €717k | ▲ 0.1% |
| Contributions10/11 | €20k | €20k | €8k | €8k | €8k | = |
| Reserves13 | €1.09M | €987k | €123k | €345k | €345k | = |
| Non-distributable reserves130/1 | €15k | €15k | €6k | €6k | €6k | = |
| Reserves not available under the articles1311 | €15k | €15k | €6k | €6k | €6k | = |
| Tax-exempt reserves132 | €48k | €43k | - | - | - | - |
| Distributable reserves133 | €1.03M | €930k | €117k | €339k | €339k | = |
| Profit (loss) carried forward14 | €25k | €206k | €360k | €363k | €364k | ▲ 0.2% |
| Investment grants15 | €204k | €128k | €97k | - | - | - |
| Provisions and deferred taxes16 | €27k | €25k | - | - | - | - |
| Deferred taxes168 | €27k | €25k | - | - | - | - |
| Amounts payable17/49 | €1.71M | €1.70M | €2.02M | €1.72M | €2.08M | ▲ 21.1% |
| Amounts payable after more than one year17 | €511k | €731k | €706k | €706k | €785k | ▲ 11.1% |
| Financial debts170/4 | €511k | €731k | €706k | €706k | €785k | ▲ 11.1% |
| Amounts payable within one year42/48 | €1.20M | €969k | €1.31M | €1.01M | €1.29M | ▲ 28.1% |
| Current portion of amounts payable after more than one year42 | €582k | €398k | €357k | €450k | €472k | ▲ 4.8% |
| Trade debts44 | €402k | €353k | €510k | €224k | €514k | ▲ 130% |
| Suppliers440/4 | €402k | €353k | €510k | €224k | €514k | ▲ 130% |
| Taxes, remuneration and social security45 | €55k | €59k | €50k | €80k | €55k | ▼ 31.6% |
| Taxes450/3 | €53k | €51k | €41k | €56k | €17k | ▼ 69.2% |
| Remuneration and social security454/9 | €1k | €7k | €8k | €25k | €38k | ▲ 52.3% |
| Other amounts payable47/48 | €160k | €159k | €394k | €255k | €252k | ▼ 1.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €425k | €187k | €294k | €284k | €99k | ▼ 65.2% |
| + Depreciation and write-downs630 | €626k | €546k | €363k | €378k | €439k | ▲ 16.1% |
| Operating cash flow (approximation) | €1.05M | €733k | €656k | €663k | €538k | ▼ 18.7% |
| Investment in fixed assets (approximation) | - | €-429k | €324k | €-568k | €-655k | ▼ 15.3% |
| Change in cash | - | €131k | €-54k | €-108k | €69k | ▲ 164% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 3 days late
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 26 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 30 days late
2023
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 25 days late
2022
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 24 days late
2021
31-12
Financial
Highest result since 2018net €425k ▲20,201%
Operating result €462k, net result €425k, both a record.
23-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Weakest financial yearnet €2k ▼99.1%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 31 days late
2019
31-12
Financial
Equity above €1MEq €1.11M ▲26.7%
2 profitable years in a row build equity to €1.11M.
23-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 23 days late
2018
10-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 10 days late
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 10 acts read
About the unread acts
We know of 10 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
10 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Aubel · 1 establishment unit since 2007
Ground area
1,482 m²
Building footprint
201 m²
Volume, LiDAR
1,121 m³
2 parcels, Wallonia · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Terrassements Christophe GERON
since 20072.163.829.874
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63003A0880/00P000 | Wallonia | 1,306 m² | 1 · 168 m² | 9.4 m · 2 fl. |
| 63006A0240/00B011 | Wallonia | 175 m² | 1 · 32 m² | 6.8 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Recognised contractor
10 categoriesCH. GERON SRL30621
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Of 8,454 companies in sector 43120 we hold annual accounts for 3,231. 1,936 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded13-02-2007
Fiscal year end31-12
Activities, NACEBEL 2025
43120Site preparation
43230Insulation installation
43350Other building finishing work
43990Other specialised construction activities
81220Other building cleaning and industrial cleaning
Scores and ratios are computed by Checked and are not a credit decision.