G.E.R.
ActiveSummary
G.E.R. has been active since 1995 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €32,848 and a net result of €782. Equity remains stable across the filed financial years (±1.8% per year). The computed 12-month bankruptcy probability is 0.4% (very low).
Financials · financial year 2026, abbreviated format
Turnover
≈ €15,000
Estimated: probably between €6,100 and €36,000
Total assets
€2.0m▲ 0.5%
2025 · €2.0m
Net result
€782▲ 173%
2025 · €287
Working capital
-€2.0m=
2025 · -€2.0m
Trend over the years
2022 to 2026, 5 financial years 2019 to 2026, 8 financial years
After the dip in 2024 the operating result has climbed two years in a row; 2026 is 115% above 2025 and is the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€0.001m
2026
Net result€0.001m
2026
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€2.0m
2026
Equity€0.03m
2026
Debt€2.0m
2026
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€2.0m
2026
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20192020202120222023202420252026
Operating result€46-€80▲ 74.9%€76▼ 5.6%€54▼ 28.2%€53▼ 2.9%-€0.005m€442€0.001m▲ 115%
Net result€15-€42▲ 182%€22▼ 48.2%€23▲ 7.1%€21▼ 9.7%-€0.005m€287€0.001m▲ 173%
Equity€0.04m-€0.04m▲ 0.1%€0.04m▲ 0.1%€0.04m▲ 0.1%€0.04m▲ 0.1%€0.03m▼ 14.7%€0.03m▲ 0.9%€0.03m▲ 2.4%
Total assets€0.9m-€0.9m▼ 0.1%€0.9m▼ 0.1%€0.9m▲ 0.1%€2.1m▲ 129%€2.0m▼ 2.9%€2.0m▲ 0.3%€2.0m▲ 0.5%
Debt€0.9m-€0.9m▼ 0.1%€0.9m▼ 0.1%€0.9m▲ 0.1%€2.0m▲ 135%€2.0m▼ 2.7%€2.0m▲ 0.3%€2.0m▲ 0.5%
Working capital-€0.8m--€0.8m=-€0.8m=-€0.8m▼ 0.1%-€2.0m▼ 147%-€2.0m▼ 0.4%-€2.0m=-€2.0m=
Turnover and EBIT margin not published: the abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €2.0m
Fixed assets
€2.0m =
Current assets
€20,653 ▲ 92.4%
Equity and liabilities €2.0m
Equity
€32,848 ▲ 2.4%
Debt
€2.0m ▲ 0.5%
Debt's share of the balance-sheet total stays at 98.4%.
Key figures and ratios
Current ratio
0.01▲
2025 · 0.01
Debt to equity
60.80▼
2025 · 62.00
ROE
2.4%▲
2025 · 0.9%
ROA
0.0%▲
2025 · 0.0%
Debt ≤ 1 year
€2.0m▲
2025 · €2.0m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | €930 | - | €930 | €930 | €1,115 | €1,068 | €1,209 | ▲ 13.3% |
| Gross operating margin9900 | €976 | €1,010 | €1,006 | €984 | €983 | -€4,249 | €1,509 | €2,161 | ▲ 43.2% |
| Operating profit (loss)9901 | €46 | €80 | €76 | €54 | €53 | -€5,364 | €442 | €951 | ▲ 115% |
| Financial income75/76B | - | - | - | - | - | €0 | €0 | - | - |
| Recurring financial income75 | - | - | - | - | - | €0 | €0 | - | - |
| Financial charges65/66B | - | €19 | - | €23 | €24 | €121 | €155 | €169 | ▲ 9.4% |
| Recurring financial charges65 | €24 | €19 | €46 | €23 | €24 | €121 | €155 | €169 | ▲ 9.4% |
| Profit (loss) for the period before taxes9903 | €22 | €61 | €30 | €32 | €29 | -€5,484 | €287 | €782 | ▲ 173% |
| Income taxes67/77 | €7 | €19 | €8 | €8 | €8 | -€2 | €0 | - | - |
| Profit (loss) for the period9904 | €15 | €42 | €22 | €23 | €21 | -€5,483 | €287 | €782 | ▲ 173% |
| Profit (loss) for the period to be appropriated9905 | €15 | €42 | €22 | €23 | €21 | -€5,483 | €287 | €782 | ▲ 173% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €0.9m | €0.9m | €0.9m | €0.9m | €2.1m | €2.0m | €2.0m | €2.0m | ▲ 0.5% |
| Fixed assets21/28 | €0.8m | €0.8m | €0.8m | €0.8m | €2.0m | €2.0m | €2.0m | €2.0m | = |
| Financial fixed assets28 | €0.8m | €0.8m | €0.8m | €0.8m | €2.0m | €2.0m | €2.0m | €2.0m | = |
| Current assets29/58 | €0.07m | €0.07m | €0.07m | €0.07m | €0.07m | €0.004m | €0.01m | €0.02m | ▲ 92.4% |
| Amounts receivable within one year40/41 | €0.07m | €0.07m | €0.07m | €0.07m | €0.06m | €0 | €0.01m | €0.02m | ▲ 100% |
| Trade receivables40 | - | - | - | - | - | - | €0.01m | €0.02m | ▲ 100% |
| Other amounts receivable41 | - | €0.07m | - | €0.07m | €0.06m | €0 | - | - | - |
| Cash at bank and in hand54/58 | €15 | €73 | €7 | €46 | €0.003m | €0.001m | €0.001m | €0.001m | ▼ 10.9% |
| Deferred charges and accrued income490/1 | - | - | - | €0.002m | €0.003m | €0.003m | €0 | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €0.9m | €0.9m | €0.9m | €0.9m | €2.1m | €2.0m | €2.0m | €2.0m | ▲ 0.5% |
| Equity10/15 | €0.04m | €0.04m | €0.04m | €0.04m | €0.04m | €0.03m | €0.03m | €0.03m | ▲ 2.4% |
| Contributions10/11 | €0.03m | €0.03m | - | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | = |
| Reserves13 | €0.003m | €0.003m | €0.003m | €0.003m | €0.003m | €0.003m | €0.003m | €0.003m | = |
| Non-distributable reserves130/1 | - | €0.003m | - | €0.003m | €0.003m | €0 | - | - | - |
| Reserves not available under the articles1311 | - | €0.003m | - | €0.003m | €0.003m | €0 | - | - | - |
| Distributable reserves133 | - | - | - | - | - | €0.003m | €0.003m | €0.003m | = |
| Profit (loss) carried forward14 | €0.004m | €0.004m | €0.004m | €0.005m | €0.005m | -€0.001m | -€0.001m | €126 | - |
| Amounts payable17/49 | €0.9m | €0.9m | €0.9m | €0.9m | €2.0m | €2.0m | €2.0m | €2.0m | ▲ 0.5% |
| Amounts payable within one year42/48 | €0.9m | €0.9m | €0.9m | €0.9m | €2.0m | €2.0m | €2.0m | €2.0m | ▲ 0.5% |
| Trade debts44 | - | €0.003m | €130 | €0.003m | €0.003m | €0.006m | €0.003m | €0.003m | ▲ 20.0% |
| Suppliers440/4 | - | €0.003m | - | €0.003m | €0.003m | €0.006m | €0.003m | €0.003m | ▲ 20.0% |
| Taxes, remuneration and social security45 | - | €19 | - | €8 | €8 | €0 | - | - | - |
| Taxes450/3 | - | €19 | - | €8 | €8 | €0 | - | - | - |
| Other amounts payable47/48 | - | €0.9m | - | €0.9m | €2.0m | €2.0m | €2.0m | €2.0m | ▲ 0.4% |
| Accrued charges and deferred income492/3 | - | €0.002m | - | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | ▲ 2.3% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €15 | €42 | €22 | €23 | €21 | -€0.005m | €287 | €0.001m | ▲ 173% |
| Operating cash flow (approximation) | €15 | €42 | €22 | €23 | €21 | -€0.005m | €287 | €0.001m | ▲ 173% |
| Investment in fixed assets (approximation) | - | -€0 | €0 | €0 | -€1.2m | -€0.003m | €0 | €0 | - |
| Change in cash | - | €58 | -€66 | €40 | €0.002m | -€0.002m | -€189 | -€80 | ▲ 57.8% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 31 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-06-2026 | abbreviated format | 27-10-2026 | 2026-00570082 |
| 30-06-2025 | abbreviated format | 19-01-2026 | 2026-00013940 |
| 30-06-2024 | abbreviated format | 09-12-2024 | 2024-00614856 |
| 30-06-2023 | abbreviated format | 20-12-2023 | 2023-00535578 |
| 30-06-2022 | abbreviated format | 27-01-2023 | 2023-00015968 |
| 30-06-2021 | abbreviated format | 26-01-2022 | 2022-02100357 |
| 30-06-2020 | abbreviated format | 28-01-2021 | 2021-03300448 |
| 30-06-2019 | abbreviated format | 24-01-2020 | 2020-02300355 |
| 30-06-2018 | abbreviated format | 11-01-2019 | 2019-00900590 |
| 30-06-2017 | abbreviated format | 29-01-2018 | 2018-03200316 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.