Investments
€18,338 2.0 × depreciation
Green is investment, beige is depreciation.
GeRa
Lifetime
3 annual accounts with figures on one time axispeak €20,562 (2023)
€5,685▼ 42.2%
peak €786,960 (2023)
€61▼ 99.0%
peak €932,305 (2025)
€932,305unchanged
€11,209▼ 11.4%
Board1 name since 2022
1 directorGeert Raemaekers
Documentsfilings and deeds
14-11-202514 days late
2025micro format
Gross margin from €9,829 to €5,685Result from €6,060 to €61Investments €18,338Cash from €46,666 to €8,530
Key points
from the 2025 annual accountsFilings
3 annual accounts 10 days past the deadline
2026 accounts not filed: deadline was 31-10-2026.
Position in the sector
98.8%
Higher solvency than 95% of companies in real estate. Sector median 28.9% · 17,194 companies.
Checked score
84
Excellent
Financially stronger than 54% of micro companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 26,626 companies (NACE 68, micro).
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%lowest value
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.2%▲ +0.1 percentage points vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.1%▼ -0.1 percentage points vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.2%▲ +0.1 percentage points vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.4%▲ +0.2 percentage points vs 10-2025
12-2025: 0.2%▼ -0.2 percentage points vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.2%● unchanged vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 0.3%▲ +0.1 percentage points vs 09-2026
11-2026: 0.4%▲ +0.1 percentage points vs 10-2026highest value
Financial strengthAverage
Score breakdown
raises risk
Liquidity: current ratio 101.27, cash €8,530, halved
Figures for financial year 2025 (filed on 14-11-2025)
1 financial year not filed after the legal deadline; last filed accounts filed 14 days late; 1 of the last 3 accounts late
lowers risk
Equity €932,305 (98.8% of total assets)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro). It does better than 91% of them on solvency, 56% on liquidity, 23% on profitability and 45% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-03-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 6,049 companies had the same profile as GeRa has now. Each dot stands for 16 companies, two years later.
95.9%
were still trading
3.6%
stopped another way
0.4%
went bankrupt
That fits the bankruptcy probability of GeRa itself: 0.4% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,049 companies, not a prediction for GeRa. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €75,000 on 30-day terms is acceptable
Short-term debt is 1% and cash 0.9% of total assets. 1.2% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 14 days late
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 14-11-2025, 14 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 3 filingsDeviation from the deadline
2026
not filed
2025
14 days late
2024
49 days late
2023
30 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 31 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0834470907
Change of role: Geert Raemaekers, from manager to director
Auditor report: €100 · Legal-form conversion: from limited partnership to private limited company · Director discharge: Geert Raemaekers · General meeting of 23-12-2021 · Gazette deed
First establishment
Koning Albertstraat 34, Assenede
Incorporation
published on 23-03-2011 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| GeRa Assenede | €0.9m | €5,685 | 98.8% | - |
| HELOISE Uccle | €0.9m | €8,586 | -4.0% | - |
| AURIALIS PROJECTS Kluisbergen | €0.6m | €3,349 | 83.2% | - |
| JULLES Lille | €0.6m | €6,704 | 76.0% | 0 |
| IC Silver Lining Invest Wevelgem | €0.8m | €9,735 | 98.3% | - |
| DUJARDIN-IMMO Comines-Warneton | €0.5m | €6,253 | 76.2% | - |
| Tree is a crowd Bruges | €1.6m | €9,481 | 96.5% | - |
These companies have the same main activity as GeRa: property management for co-owned buildings (syndics) (NACE 68321). They are comparable in size and age: total assets between €510,000 and €1.6m, founded between 2004 and 2014.
Official details
Source: KBO- Status
- Active since 22-02-2011Normal situation
- Activity
- Property management for co-owned buildings (syndics)NACE 68321and 1 other
- Establishment unit
- 2.197.588.9439968 Assenede, since 11-03-2011
- Financial year end
- 31 March
- Peppol
- Reachable since 15-12-2025
Insights on GeRa
GeRa files the micro format. That format states no turnover. The gross margin fell from €20,562 in 2023 to €5,685 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about GeRa
- What is the company number of GeRa?
- The company number of GeRa is 0834.470.907. The VAT number is the same number with BE in front: BE 0834.470.907.
- Where is GeRa based?
- The registered office is at Koning Albertstraat 34, 9968 Assenede.Company details
- What does GeRa do?
- According to the KBO register, the main activity is property management for co-owned buildings (syndics) (NACE 68321).
- What is the legal form of GeRa?
- GeRa is a private limited company (BV).
- When was GeRa founded?
- GeRa was founded on 22-02-2011.
- Is GeRa still active?
- Yes, GeRa is an active enterprise in the KBO register.
- What is the turnover of GeRa?
- The turnover in financial year 2025 is ≈ €22,000. This figure is estimated from the gross margin of €5,685 and 42 comparable companies (NACE 683). It probably lies between €8,500 and €42,000. It is a rough estimate.Financials
- Is GeRa profitable?
- In financial year 2025, GeRa made a profit of €61.
- Where can I find the annual accounts of GeRa?
- GeRa filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.