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GELAUR

Active
Private limited company (pre-2019)founded 199630 yrs activeRue Osval Sambon(FW) 1, 5020 Namur, BelgiumKBO/BCE: BE 0457.481.890
Summary

GELAUR has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €35,203 and a net result of -€1,592. Equity remains stable across the filed fiscal years (±0.9% per year). The computed 12-month bankruptcy probability is 1.1% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability66▼-6
Solvency81▲+12
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days acceptable
Liquidity short (current ratio 0.41 against 0.58 in 2024; short-term debt: 43.6% and cash: 4.1% of total assets), and 43.6% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 30 years 0 40 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
56.4%
Return on assets
-2.5%
Age of the figures
15 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 22-01-2026, 9 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
9 d early
2024
on the day
2023
6 d early
2022
7 d early
2021
42 d early
2020
54 d early
2019
11 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 18 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
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. Usually files around 24 January (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-06-2026 close01-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 26 March 1996, GELAUR was incorporated.1 Total assets went from €117,464 in 2019 to €62,444 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€35,203▼ 4.3%
2024 · €36,795
Total assets
€62,444▼ 25.5%
2024 · €83,859
Net result
-€1,592
2024 · €1,985
Working capital
-€15,953▲ 18.4%
2024 · -€19,545
Trend over the years
In euros
In euros
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€1,010▼ 56.1%€838▼ 17.0%€743▼ 11.3%€2,674▲ 260%-€1,538
Net result-€55€575€521▼ 9.4%€1,985▲ 281%-€1,592
Equity€33,715▼ 0.2%€34,290▲ 1.7%€34,810▲ 1.5%€36,795▲ 5.7%€35,203▼ 4.3%
Total assets€90,027▼ 15.8%€86,368▼ 4.1%€79,924▼ 7.5%€83,859▲ 4.9%€62,444▼ 25.5%
Debt€56,312▼ 23.0%€52,078▼ 7.5%€45,114▼ 13.4%€47,064▲ 4.3%€27,241▼ 42.1%
Working capital-€45,924▲ 21.3%-€39,786▲ 13.4%-€34,463▲ 13.4%-€19,545▲ 43.3%-€15,953▲ 18.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€2,000€0€2,000Operating result 2021: €1,010€1,010Net result 2021: -€55-€55Operating result 2022: €838€838Net result 2022: €575€575Operating result 2023: €743€743Net result 2023: €521€521Operating result 2024: €2,674€2,674Net result 2024: €1,985€1,985Operating result 2025: -€1,538-€1,538Net result 2025: -€1,592-€1,59220212022202320242025-€2,000€0€2,000Operating result 2023: €743€743Net result 2023: €521€521Operating result 2024: €2,674€2,670Net result 2024: €1,985€1,990Operating result 2025: -€1,538-€1,540Net result 2025: -€1,592-€1,590202320242025
The operating result turns negative in 2025: a loss of €1,538 after €2,674 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €62,444
Fixed assets €51,156 ▼ 9.2%
Current assets €11,288 ▼ 59.0%
Equity and liabilities €62,444
Equity €35,203 ▼ 4.3%
Debt €27,241 ▼ 42.1%
Debt's share of the balance-sheet total falls from 56.1% to 43.6%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€3,645▼
2024 · €15,607
Cash flow
€3,591▼
2024 · €14,918
Current ratio
0.41▼
2024 · 0.58
Debt to equity
0.77▼
2024 · 1.28
ROE
-4.5%▼
2024 · 5.4%
ROA
-2.5%▼
2024 · 2.4%
Interest coverage
67.50▼
2024 · 650.29
Debt ≤ 1 year
€27,241▼
2024 · €47,064
Staff costs
€3,000=
2024 · €3,000
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 12,321 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 90% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.7% went bankrupt
8.6% stopped otherwise
90% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 1.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 12,321 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 40 lines
Balance sheet Code20242025
Assets
Total assets20/58€83,859€62,444▼
Fixed assets21/28€56,340€51,156▼
Intangible fixed assets21-€0
Tangible fixed assets22/27€56,340€51,156▼
Land and buildings22€56,340€51,156▼
Current assets29/58€27,519€11,288▼
Amounts receivable within one year40/41€9,443€8,578▼
Trade receivables40€726-
Other amounts receivable41€8,717€8,578▼
Cash at bank and in hand54/58€18,076€2,586▼
Deferred charges and accrued income490/1-€124
Equity and liabilities
Total equity and liabilities10/49€83,859€62,444▼
Equity10/15€36,795€35,203▼
Contributions10/11€18,592€18,592=
Capital10€18,592€18,592=
Issued capital100€18,592€18,592=
Reserves13€1,868€1,868=
Non-distributable reserves130/1€1,868€1,868=
Legal reserve130€1,868€1,868=
Profit (loss) carried forward14€16,335€14,743▼
Amounts payable17/49€47,064€27,241▼
Amounts payable within one year42/48€47,064€27,241▼
Trade debts44€3,192€2,036▼
Suppliers440/4€3,192€2,036▼
Taxes, remuneration and social security45€668-
Taxes450/3€668-
Other amounts payable47/48€43,204€25,205▼
Income statement Code20242025
Remuneration, social security and pensions62€3,000€3,000=
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12,933€5,183▼
Other operating charges640/8€2,471€2,563▲
Gross operating margin9900€21,078€9,208▼
Operating profit (loss)9901€2,674-€1,538▼
Financial charges65/66B€24€54▲
Recurring financial charges65€24€54▲
Profit (loss) for the period before taxes9903€2,650-€1,592▼
Income taxes67/77€665-
Profit (loss) for the period9904€1,985-€1,592▼
Profit (loss) for the period to be appropriated9905€1,985-€1,592▼
Appropriation of the result
Profit (loss) to be appropriated9906€16,335€14,743▼
Profit (loss) brought forward from the previous period14P€14,350€16,335▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Remuneration, social security and pensions62-€3,000€3,000€3,000€3,000=
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12,933€5,183€5,183€12,933€5,183▼ 59.9%
Other operating charges640/8-€2,203€2,262€2,471€2,563▲ 3.7%
Gross operating margin9900€19,025€11,224€11,188€21,078€9,208▼ 56.3%
Operating profit (loss)9901€1,010€838€743€2,674-€1,538▼ 158%
Financial charges65/66B-€48€48€24€54▲ 125%
Recurring financial charges65€48€48€48€24€54▲ 125%
Profit (loss) for the period before taxes9903-€55€790€695€2,650-€1,592▼ 160%
Income taxes67/77-€215€174€665--
Profit (loss) for the period9904-€55€575€521€1,985-€1,592▼ 180%
Profit (loss) for the period to be appropriated9905-€55€575€521€1,985-€1,592▼ 180%
Line20212022202320242025Change
Assets
Total assets20/58€90,027€86,368€79,924€83,859€62,444▼ 25.5%
Fixed assets21/28€79,639€74,456€69,273€56,340€51,156▼ 9.2%
Intangible fixed assets21----€0-
Tangible fixed assets22/27€79,639€74,456€69,273€56,340€51,156▼ 9.2%
Land and buildings22-€66,706€61,523€56,340€51,156▼ 9.2%
Furniture and vehicles24-€7,750€7,750---
Current assets29/58€10,388€11,912€10,651€27,519€11,288▼ 59.0%
Amounts receivable within one year40/41€9,689€9,662€9,738€9,443€8,578▼ 9.2%
Trade receivables40-€1,888€1,742€726--
Other amounts receivable41-€7,774€7,996€8,717€8,578▼ 1.6%
Cash at bank and in hand54/58€338€2,250€547€18,076€2,586▼ 85.7%
Deferred charges and accrued income490/1--€366-€124-
Equity and liabilities
Total equity and liabilities10/49€90,027€86,368€79,924€83,859€62,444▼ 25.5%
Equity10/15€33,715€34,290€34,810€36,795€35,203▼ 4.3%
Contributions10/11€18,592€18,592€18,592€18,592€18,592=
Capital10-€18,592€18,592€18,592€18,592=
Issued capital100-€18,592€18,592€18,592€18,592=
Reserves13€1,868€1,868€1,868€1,868€1,868=
Non-distributable reserves130/1-€1,868€1,868€1,868€1,868=
Legal reserve130-€1,868€1,868€1,868€1,868=
Profit (loss) carried forward14€13,255€13,830€14,350€16,335€14,743▼ 9.7%
Amounts payable17/49€56,312€52,078€45,114€47,064€27,241▼ 42.1%
Amounts payable within one year42/48€56,312€51,698€45,114€47,064€27,241▼ 42.1%
Trade debts44€1,742€5,279€1,717€3,192€2,036▼ 36.2%
Suppliers440/4-€5,279€1,717€3,192€2,036▼ 36.2%
Taxes, remuneration and social security45-€215€193€668--
Taxes450/3-€215€193€668--
Other amounts payable47/48-€46,204€43,204€43,204€25,205▼ 41.7%
Accrued charges and deferred income492/3-€380----
Line20212022202320242025Change
Profit (loss) for the period9904-€55€575€521€1,985-€1,592▼ 180%
+ Depreciation and write-downs630€12,933€5,183€5,183€12,933€5,183▼ 59.9%
Operating cash flow (approximation)€12,878€5,758€5,704€14,918€3,591▼ 75.9%
Investment in fixed assets (approximation)-€0€0€0€1-
Change in cash-€1,912-€1,703€17,529-€15,490▼ 188%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
22-01
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial Weakest financial yearnet -€1,592
Net result drops to -€1,592, the lowest in the series.
31-01
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial Highest result since 2019net €1,985 ▲281%
Net result €1,985, the highest in the series.
25-01
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
24-01
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial Back to profitnet €575
Net result €575 after one loss-making year.
2021
20-12
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2020
08-12
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
20-01
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
28-01
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2017
27-02
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 27 days late
2016
29-02
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
No directors read yet: 0 of 2 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Namur · 1 establishment unit since 1997
seat establishment approximate The establishment unit on the map
Ground area
3,336 m²
Building footprint
253 m²
Volume, LiDAR
2,460 m³
2 parcels, Wallonia · tallest building 14.2 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
BOUCHERIE VERHOEVEN
Rue Ledocte 11, 1450 ChastreWarehousing and support activities for transportation
since 1997unit no. 2.081.039.879
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
92043G0059/00_000 Wallonia 1,971 m² 1 · 106 m² 10.6 m · 2 fl.
25017B0084/00N010indicative Wallonia 1,365 m² 1 · 147 m² 14.2 m · 4 fl.
Linked by address, not proof of ownership
Good to know
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Company details

Identification
Legal formPrivate limited company (pre-2019)
Founded26-03-1996
Fiscal year end30-06
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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Register as of 1 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.