GELAUDE
ActiveGELAUDE has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.35M and a net result of €221k. Equity is growing by ~7.2% per year across the filed fiscal years. Its solvency ranks better than 83% of 1037 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
86
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability78▲+2
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €200k at 30 days acceptable
Liquidity ample (current ratio 3.78 against 3.11 in 2024; short-term debt: 19.3% and cash: 20.6% of total assets), and 22.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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
77.6%
Return on assets
7.3%
Age of the figures
15 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Sector 95
lower
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 22-12-2025, 40 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
40 d early
2024
73 d early
2023
1 d late
2022
1 d early
2021
on the day
2020
2 d early
2019
27 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close23-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€2.35M▲ 6.5%
2024 · €2.21M
2019: €1.51M
2020: €1.69M
2021: €1.82M
2022: €1.84M
2023: €2.03M
2024: €2.21M
2019 → 2025
Total assets
€3.03M▲ 3.0%
2024 · €2.94M
2019: €3.37M
2020: €3.16M
2021: €3.15M
2022: €2.96M
2023: €2.90M
2024: €2.94M
2019 → 2025
Net result
€221k▲ 26.2%
2024 · €175k
2019: €259k
2020: €174k
2021: €126k
2022: €17k
2023: €191k
2024: €175k
2019 → 2025
Working capital
€1.63M▲ 14.3%
2024 · €1.42M
2019: €935k
2020: €968k
2021: €809k
2022: €849k
2023: €1.08M
2024: €1.42M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.82M-€1.84M▲ 1.0%€2.03M▲ 10.4%€2.21M▲ 8.6%€2.35M▲ 6.5%
Operating result€169k-€21k▼ 87.8%€284k▲ 1,274%€299k▲ 5.4%€353k▲ 18.1%
Net result€126k-€17k▼ 86.2%€191k▲ 991%€175k▼ 8.1%€221k▲ 26.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 18% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.03M
Fixed assets
€815k▼ 3.3%
Current assets
€2.21M▲ 5.6%
Equity and liabilities €3.03M
Equity
€2.35M▲ 6.5%
Provisions
€23k▲ 58.8%
Debt
€654k▼ 8.9%
The debt ratio falls from 24.4% to 21.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€650k▲
2024 · €572k
Cash flow
€519k▲
2024 · €448k
Solvency
77.6%▲
2024 · 75.1%
Current ratio
3.78▲
2024 · 3.11
Quick ratio
1.43▼
2024 · 1.47
Debt / equity
0.28▼
2024 · 0.33
ROE
9.4%▲
2024 · 7.9%
ROA
7.3%▲
2024 · 6.0%
Interest coverage
15.99▲
2024 · 13.18
Debt
€654k▼
2024 · €718k
Debt ≤ 1 year
€586k▼
2024 · €673k
Income taxes
€83k▼
2024 · €87k
Staff costs
€163k▼
2024 · €196k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€2.94M€3.03M▲
Fixed assets21/28€843k€815k▼
Tangible fixed assets22/27€839k€811k▼
Land and buildings22€216k€208k▼
Plant, machinery and equipment23€11k€17k▲
Furniture and vehicles24€612k€587k▼
Financial fixed assets28€4k€4k▼
Current assets29/58€2.10M€2.21M▲
Stocks and contracts in progress3€1.11M€1.37M▲
Stocks30/36€1.11M€1.37M▲
Amounts receivable within one year40/41€205k€208k▲
Trade receivables40€203k€169k▼
Other amounts receivable41€2k€39k▲
Cash at bank and in hand54/58€772k€623k▼
Deferred charges and accrued income490/1€11k€7k▼
Equity and liabilities
Total equity and liabilities10/49€2.94M€3.03M▲
Equity10/15€2.21M€2.35M▲
Contributions10/11€6k€6k=
Reserves13€2.20M€2.34M▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132€44k€70k▲
Distributable reserves133€2.16M€2.27M▲
Profit (loss) carried forward14-€0
Provisions and deferred taxes16€15k€23k▲
Deferred taxes168€15k€23k▲
Amounts payable17/49€718k€654k▼
Amounts payable within one year42/48€673k€586k▼
Current portion of amounts payable after more than one year42€0-
Trade debts44€100k€39k▼
Suppliers440/4€100k€39k▼
Taxes, remuneration and social security45€41k€32k▼
Taxes450/3€27k€19k▼
Remuneration and social security454/9€13k€13k▼
Other amounts payable47/48€532k€514k▼
Accrued charges and deferred income492/3€45k€68k▲
Income statement
Code20242025
Non-recurring operating income76A€146k€78k▼
Remuneration, social security and pensions62€196k€163k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€273k€298k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-1k€0▲
Other operating charges640/8€19k€17k▼
Non-recurring operating charges66A€530€0▼
Gross operating margin9900€786k€830k▲
Operating profit (loss)9901€299k€353k▲
Financial income75/76B€282€7▼
Recurring financial income75€282€7▼
Financial charges65/66B€43k€41k▼
Recurring financial charges65€43k€41k▼
Profit (loss) for the period before taxes9903€256k€312k▲
Transfer from deferred taxes780€6k€5k▼
Transfer to deferred taxes680-€14k
Income taxes67/77€87k€83k▼
Profit (loss) for the period9904€175k€221k▲
Transfer from tax-exempt reserves789€19k€15k▼
Transfer to tax-exempt reserves689-€41k
Profit (loss) for the period to be appropriated9905€194k€195k▲
Appropriation of the result
Profit (loss) to be appropriated9906€194k€195k▲
Transfer from equity791/2-€77k
Transfer to equity691/2€194k€195k▲
To other reserves6921€194k€195k▲
Profit to be distributed694/7-€77k
Return on contributions (dividend)694-€77k
Social balance
Average headcount (FTE)90872.62.0▼
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
22-12
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
19-11
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
01-02
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 1 day late
2023
30-06
Financial
Equity above €2MEq €2.03M ▲10.4%
5 profitable years in a row build equity to €2.03M.
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
Financial
Weakest financial yearnet €17k ▼86.2%
Net result drops to €17k, the lowest in the series; recovery starts the following year.
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
27-02
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 27 days late
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
23-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Beernem · 1 establishment unit since 1989
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Industriepark 128730 BeernemGround area
836 m²
Building footprint
170 m²
Volume, LiDAR
977 m³
Parcel 31003D0088/00Z000, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LUC GELAUDE BVBA
since 19892.042.656.583
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31003D0088/00Z000 | Flanders | 836 m² | 1 · 170 m² | 8.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 329 EUR awarded · 329 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 329 EUR | 329 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
SCANDIA
BE 0881.852.140
Liège · Eq €2.36M
NOVANT
BE 0448.628.562
Antwerpen · Eq €2.34M
H.M.K.
BE 0436.441.996
Sankt Vith · Eq €2.37M
DMC Multimerk Carrosserie Brussels
BE 0462.047.721
Kampenhout · Eq €2.37M
DEPANNAGE R. LA FRANCE
BE 0402.619.482
Vorst · Eq €2.32M
Of 7,376 companies in sector 95311 we hold annual accounts for 2,959. 1,169 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-03-1989
Fiscal year end30-06
Activities, NACEBEL
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
95312Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
50200
45194
46713Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 35 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.