Equity
Equity fell by 98% in 1 year.
Equity fell by 98% in 1 year.
Nine of the last ten came late. The 2020 accounts came latest: 397 days after the end of the period.
Absorbed by COFFRODESIGN in April 2025. The last annual accounts are for financial year 2024. The company was dissolved without liquidation on 01-07-2024.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €190,000. Estimated: probably between €110,000 and €340,000.
Staff costs divided by the average number of full-time equivalents.
| Line | Trend | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||
20/58 |
60,455 | 180,475 | 213,150 | 144,944 | 180,667 | 197,193 | 116,970 | 53,233 | 42,958 | 79,549 | 70,298 | 69,075 | 163,592 | 105,737 | 37,145 | 24,778 | |
21/28 |
- | 101,092 | 111,653 | 6,778 | 29,212 | 33,366 | 28,649 | 2,987 | 1,772 | 10,342 | 20,610 | 42,507 | 66,258 | 29,970 | 12,806 | 6,277 | |
22/27 |
- | 100,532 | 111,093 | 6,218 | 28,652 | 32,806 | 26,909 | 2,987 | 1,772 | 10,342 | 20,610 | 42,507 | 66,258 | 29,970 | 12,806 | 6,277 | |
22 |
- | 100,532 | 105,284 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
23 |
- | - | 2,499 | 2,679 | 4,943 | 4,513 | 8,064 | 1,254 | 1,482 | 648 | 2,106 | 5,012 | 7,022 | 6,646 | 6,200 | 4,036 | |
24 |
- | - | 3,310 | 3,539 | 23,709 | 28,293 | 18,845 | 1,733 | 291 | 1,226 | 1,568 | 12,090 | 25,363 | 23,324 | 6,605 | 2,241 | |
28 |
- | 560 | 560 | 560 | 560 | 560 | 1,740 | - | - | - | - | - | - | - | - | - | |
29/58 |
60,455 | 79,382 | 101,497 | 138,165 | 151,456 | 163,827 | 88,321 | 50,246 | 41,185 | 69,207 | 49,688 | 26,568 | 97,335 | 75,767 | 24,339 | 18,501 | |
40/41 |
59,951 | 79,333 | 101,280 | 127,765 | 132,209 | 107,062 | 33,714 | 34,236 | 38,804 | 66,629 | 41,471 | 24,530 | 55,956 | 3,325 | 7,488 | 6,686 | |
40 |
37,910 | 48,588 | 52,018 | 55,644 | 46,618 | 42,164 | 24,186 | 33,470 | 34,995 | 66,536 | 32,470 | 18,238 | 8,565 | 2,291 | 1,296 | - | |
41 |
22,041 | 30,745 | 49,262 | 72,121 | 85,590 | 64,898 | 9,528 | 766 | 3,810 | 93 | 9,000 | 6,292 | 47,391 | 1,034 | 6,191 | 6,686 | |
54/58 |
504 | 49 | 217 | 5,178 | 401 | 55,575 | 52,441 | 13,153 | 1,879 | 84 | 5,286 | 76 | 37,958 | 72,343 | 16,058 | 11,815 | |
490/1 |
- | - | - | 5,222 | 18,845 | 1,190 | 2,167 | 2,857 | 503 | 2,495 | 2,931 | 1,962 | 3,421 | 100 | 794 | - | |
| Balance sheet: equity and liabilities | |||||||||||||||||
10/49 |
60,455 | 180,475 | 213,150 | 144,944 | 180,667 | 197,193 | 116,970 | 53,233 | 42,958 | 79,549 | 70,298 | 69,075 | 163,592 | 105,737 | 37,145 | 24,778 | |
10/15 |
1,490 | 64,121 | 56,497 | 54,930 | 57,697 | 33,061 | 79 | -36,659 | -29,610 | -6,254 | -12,541 | -9,115 | 13,816 | 20,004 | 10,324 | 9,459 | |
10/11 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
10 |
- | 6,200 | 6,200 | 6,200 | 6,200 | - | - | - | - | - | - | - | - | - | - | - | |
100 |
- | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
13 |
21,860 | 21,860 | 21,860 | 21,860 | 21,860 | 21,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
130/1 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
1311 |
1,860 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
133 |
20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | - | - | - | - | - | - | - | - | - | - | |
14 |
-26,570 | 36,061 | 28,437 | 26,870 | 29,637 | 5,001 | -7,981 | -44,719 | -37,670 | -14,314 | -20,601 | -17,175 | 5,756 | 11,944 | 2,264 | 1,399 | |
17/49 |
58,965 | 116,354 | 156,653 | 90,014 | 122,970 | 164,132 | 116,891 | 89,893 | 72,568 | 85,803 | 82,840 | 78,190 | 149,777 | 85,733 | 26,821 | 15,319 | |
17 |
- | 91,163 | 90,000 | - | - | - | - | - | - | 5,551 | 15,961 | 32,156 | 47,575 | 306 | 2,784 | - | |
170/4 |
- | 91,163 | 90,000 | - | - | - | - | - | - | 5,551 | 15,961 | 32,156 | 47,575 | 306 | 2,784 | - | |
42/48 |
58,965 | 25,191 | 66,653 | 90,014 | 122,970 | 164,132 | 116,243 | 89,893 | 72,568 | 80,252 | 66,879 | 45,189 | 102,053 | 85,428 | 23,973 | 15,214 | |
42 |
- | - | 5,000 | - | - | - | - | - | 5,551 | 11,701 | 16,195 | 15,344 | 14,878 | 2,479 | 2,317 | - | |
44 |
58,440 | 18,685 | 28,459 | 50,981 | 90,228 | 115,225 | 51,070 | 51,599 | 27,773 | 54,971 | 48,137 | 13,928 | 45,460 | 56,091 | 3,083 | 2,726 | |
440/4 |
58,440 | 18,685 | 28,459 | 50,981 | 90,228 | 115,225 | 51,070 | 51,599 | 27,773 | 54,971 | 48,137 | 13,928 | 45,460 | 56,091 | 3,083 | 2,726 | |
45 |
525 | 6,507 | 33,194 | 39,034 | 20,642 | 36,807 | 3,463 | 669 | 6,708 | 7,000 | 2,547 | 15,917 | 16,715 | 11,879 | 6,857 | 11,987 | |
450/3 |
525 | 6,507 | 33,194 | 39,034 | 20,642 | 26,344 | 3,463 | 669 | 6,708 | 7,000 | 844 | 13,748 | 16,703 | 8,863 | 1,764 | 1,079 | |
454/9 |
- | - | - | - | - | 10,463 | - | - | - | - | 1,702 | 2,169 | 11 | 3,016 | 5,092 | 10,908 | |
47/48 |
- | - | - | - | 12,100 | 12,100 | 61,710 | 37,625 | 32,536 | 6,580 | - | - | 25,000 | 14,979 | 11,717 | 502 | |
492/3 |
- | - | - | - | - | - | 648 | - | - | - | - | 845 | 149 | - | 64 | 104 | |
| Income statement | |||||||||||||||||
76A |
- | - | - | - | 11,653 | - | 8,500 | - | - | - | 142 | - | 806 | - | - | - | |
9900 |
46,321 | 7,227 | 19,053 | 48,726 | 76,905 | 116,568 | 54,299 | -691 | -9,231 | 26,120 | 29,659 | 29,129 | 114,382 | 80,378 | 19,698 | 9,253 | |
62 |
- | - | - | 818 | 21,097 | 33,023 | - | - | - | 335 | 5,409 | 17,792 | 51,513 | 47,895 | 12,057 | 1,615 | |
630 |
- | 4,752 | 10,161 | 13,338 | 26,656 | 21,006 | 13,772 | 2,275 | 10,234 | 10,967 | 22,227 | 26,630 | 26,917 | 19,490 | 5,860 | 3,214 | |
631/4 |
- | - | - | - | - | 5,825 | - | 2,600 | - | - | - | - | - | - | - | - | |
640/8 |
52,894 | 4,536 | 11,018 | 1,847 | 2,360 | 2,108 | 793 | 1,940 | 2,603 | 3,417 | 2,601 | 3,944 | 2,611 | 396 | 92 | 85 | |
66A |
- | - | - | - | - | - | - | - | - | - | - | - | - | 506 | - | - | |
9901 |
-6,573 | -2,061 | -2,126 | 32,723 | 26,792 | 54,606 | 39,734 | -7,506 | -22,067 | 11,401 | -578 | -19,237 | 33,341 | 12,597 | 1,689 | 4,339 | |
75/76B |
0 | - | 3,984 | 3,798 | 0 | 2,501 | 287 | 1 | 643 | 5 | 17 | 0 | 154 | 1,057 | 15 | - | |
75 |
0 | - | 3,984 | 3,798 | 0 | 2,501 | 287 | 1 | 643 | 5 | 17 | 0 | 154 | 1,057 | 15 | - | |
65/66B |
54,405 | 291 | 291 | 256 | 2,156 | 3,406 | 243 | 98 | 1,932 | 4,630 | 2,759 | 3,694 | 2,313 | 336 | 667 | 28 | |
65 |
54,405 | 291 | 291 | 256 | 2,156 | 3,406 | 243 | 98 | 1,932 | 4,630 | 2,759 | 3,694 | 2,313 | 336 | 667 | 28 | |
9903 |
-60,978 | -2,352 | 1,568 | 36,266 | 24,636 | 53,702 | 39,778 | -7,603 | -23,356 | 6,776 | -3,179 | -22,930 | 31,988 | 12,812 | 1,037 | 4,312 | |
67/77 |
1,653 | -9,975 | - | 39,034 | - | 20,720 | 3,040 | 464 | 0 | 488 | 248 | - | 13,176 | 3,132 | 172 | 1,052 | |
9904 |
-62,631 | 7,623 | 1,568 | -2,768 | 24,636 | 32,982 | 36,739 | -8,067 | -23,356 | 6,287 | -3,427 | -22,930 | 18,812 | 9,680 | 864 | 3,259 | |
9905 |
-62,631 | 7,623 | 1,568 | -2,768 | 24,636 | 32,982 | 36,739 | -8,067 | -23,356 | 6,287 | -3,427 | -22,930 | 18,812 | 9,680 | 864 | 3,259 | |
| Appropriation of the result | |||||||||||||||||
9906 |
-26,570 | 36,061 | 28,437 | 26,870 | 29,637 | 25,001 | -7,981 | -44,719 | -37,670 | -14,314 | -20,601 | -17,175 | 30,756 | 11,944 | 2,264 | 3,259 | |
14P |
36,061 | 28,437 | 26,870 | 29,637 | 5,001 | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | 20,000 | - | - | - | - | - | - | - | - | - | 1,860 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,860 | |
6921 |
- | - | - | - | - | 20,000 | - | - | - | - | - | - | - | - | - | - | |
694/7 |
- | - | - | - | - | - | - | - | - | - | - | - | 25,000 | - | - | - | |
694 |
- | - | - | - | - | - | - | - | - | - | - | - | 25,000 | - | - | - | |
| Social balance sheet | |||||||||||||||||
9087 |
- | - | - | - | - | 0.8 | - | - | - | - | 0.3 | 0.8 | 1.5 | 1.6 | 0.4 | 0.1 | |
Hours worked1013 |
- | - | - | - | - | 1,280 | - | - | - | - | 432 | 688 | 2,016 | 1,728 | 528 | 60 | |
| Document | |||||||||||||||||
The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2024 (PDF), filed on 29-09-2025.
2024 annual accounts filed 60 days after the deadline. Filed on 29 September 2025, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2025-00511938.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2024 | micro format | 29-09-2025 | 2025-00511938 | |
| 31-12-2023 | micro format | 30-10-2024 | 2024-00521411 | |
| 31-12-2022 | micro format | 26-10-2023 | 2023-00505975 | |
| 31-12-2021 | micro format | 07-10-2022 | 2022-20454077 | |
| 31-12-2020 | micro format | 01-09-2022 | 2022-20390681 | |
| 31-12-2019 | micro format | 31-07-2020 | 2020-36700542 | |
| 31-12-2018 | micro format | 31-08-2019 | 2019-58400058 | |
| 31-12-2017 | micro format | 30-08-2018 | 2018-53200512 | |
| 31-12-2015 | full format | 25-08-2016 | 2016-46100518 | |
| 31-12-2014 | full format | 03-03-2016 | 2016-05700306 | |
| 31-12-2013 | full format | 30-09-2014 | 2014-60700528 | |
| 31-12-2012 | full format | 31-08-2013 | 2013-57200323 | |
| 31-12-2011 | full format | 30-08-2012 | 2012-48200139 | |
| 31-12-2010 | full format | 30-08-2011 | 2011-46100144 | |
| 31-12-2009 | full format | 31-08-2010 | 2010-47900096 | |
| 31-12-2008 | full format | 31-08-2009 | 2009-67100301 |
| Line | Trend | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| - | 2,691 | 8,035 | 46,061 | 53,448 | 75,612 | 53,506 | -5,231 | -11,834 | 22,368 | 21,649 | 7,393 | 60,258 | 32,087 | 7,549 | 7,554 | ||
| - | 12,375 | 11,729 | 10,570 | 51,292 | 53,987 | 50,511 | -5,792 | -13,122 | 17,254 | 18,800 | 3,700 | 45,729 | 29,170 | 6,725 | 6,473 | ||
| - | -5,809 | 115,036 | 889 | 22,502 | 26,903 | 39,434 | 798 | 1,664 | 699 | 330 | 2,879 | 65,898 | 37,261 | 12,389 | 9,491 | ||
| 455 | -168 | -4,961 | 4,777 | -55,174 | 3,135 | 39,288 | - | 1,795 | -5,203 | 5,211 | -37,883 | -34,385 | 56,285 | 4,243 | - | ||
| 1,490 | 54,191 | 34,844 | 48,151 | 28,486 | -305 | -27,922 | -39,647 | -31,383 | -11,045 | -17,191 | -18,621 | -4,718 | -9,661 | 366 | 3,287 | ||
| 2.5% | 35.5% | 26.5% | 37.9% | 31.9% | 16.8% | 0.1% | -68.9% | -68.9% | -7.9% | -17.8% | -13.2% | 8.4% | 18.9% | 27.8% | 38.2% | ||
| 1.03 | 3.15 | 1.52 | 1.53 | 1.23 | 1.00 | 0.76 | 0.56 | 0.57 | 0.86 | 0.74 | 0.59 | 0.95 | 0.89 | 1.02 | 1.22 | ||
| 39.57 | 1.81 | 2.77 | 1.64 | 2.13 | 4.96 | - | - | - | - | - | - | 10.84 | 4.29 | 2.60 | 1.62 | ||
| - | 11.9% | 2.8% | -5.0% | 42.7% | 99.8% | - | - | - | - | - | - | 136.2% | 48.4% | 8.4% | 34.5% | ||
| -103.6% | 4.2% | 0.7% | -1.9% | 13.6% | 16.7% | 31.4% | -15.2% | -54.4% | 7.9% | -4.9% | -33.2% | 11.5% | 9.2% | 2.3% | 13.2% | ||
| - | 9.24 | 27.63 | over 100 | 24.79 | - | - | - | - | - | - | - | - | - | - | - |
A ratio outside any meaningful range has been withheld (balance sheet total €60,455, equity €1,490).
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | - | €889 | €22,502 |
| - | €4,752 | €10,161 | €13,338 | €26,656 |
Source: notes to the 2020 to 2024 annual accounts (statement of fixed assets)
The operating result for 2024 is a loss of €6,573, larger than the loss of €2,061 in 2023. It is the lowest result since 2017.
Debt's share of the balance-sheet total rises from 64.5% to 97.5%. Equity and debt are lower.
The network starts from the directors of GERABEL CONSTRUCT. Every other company they run is a node.
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
GERABEL CONSTRUCT has filed 16 sets of annual accounts, the latest for financial year 2024.1 In 2025 the company was absorbed by merger into COFFRODESIGN.2
GERABEL CONSTRUCT is no longer in the KBO register. COFFRODESIGN took it over in a merger by absorption, published in the Belgian Official Gazette on 19 May 2025.
If something looks wrong or is missing, please tell us.