Equity
€103,493 from €969,242 in 2015
Equity fell by 89% in 10 years.
GERACON
Lifetime
17 annual accounts with figures on one time axis, 24 filings since 2000peak €1.3m (2024)
€214,231▼ 83.0%
lowest -€1.0m (2023)
€79,075▼ 92.9%
peak €969,242 (2015)
€103,493▲ 324%
€1.2m▼ 2.2%
peak 1 FTE (2025)
1 FTE▲ 150%
Board1 name since 1999
1 director
Documentsfilings and deeds
26-01-202687 days late
2025abbreviated format
Gross margin from €1.3m to €214,231Result from €1.1m to €79,075Staff from 0.4 FTE to 1 FTEEquity from €24,418 to €103,493Investments €93,430Cash from €3,099 to €12,028
Key points
from the 2025 annual accountsTurnover
≈ €760,000 estimated
The abbreviated format states no turnover.
Debts
€1.2m 92% of the balance sheet
Financial debts 50%Suppliers 15%Taxes and wages 19%Other 16%
Of this, €932,411 falls due within a year.
Investments
€268,620 6.7 × depreciation
Green is investment, beige is depreciation.
Filings
24 annual accounts 15 days past the deadline
2026 accounts not filed: deadline was 31-10-2026.
Position in the sector
8.1%
Lower solvency than 82% of companies in construction of buildings. Sector median 36.1% · 2,651 companies.
Net result -93%: one-off income
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 934 companies had the same profile as GERACON has now. Each dot stands for 3 companies, two years later.
92.9%
were still trading
4.8%
stopped another way
1.9%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 934 companies, not a prediction for GERACON. 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
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Plan homologation
Enterprise Court of Brussels · judgment of 23-04-2024 · Judicial reorganisation
Extension
Enterprise Court of Brussels · collective agreement · judgment of 22-02-2024 · Judicial reorganisation
Extension of the stay refused
Enterprise Court of Brussels · collective agreement · judgment of 13-12-2023 · Judicial reorganisation
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0467178427
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| GERACON Halle | €1.3m | €214,231 | 8.1% | 1 |
| FACTORY Forest | €1.5m | €213,216 | 21.1% | 1 |
| TIM MARIEN & C° Keerbergen | €1.1m | €262,866 | 73.7% | 1.5 |
| APERS en PARTNERS Antwerp | €1.1m | €270,655 | 46.5% | 1 |
| VAN LANGENDONCK - VERLINDEN Nijlen | €1.5m | €162,304 | 34.1% | 1 |
| CROMBETEC Gembloux | €1.2m | €170,282 | 54.7% | 1 |
| UYTTENHOVE Ingelmunster | €1.3m | €332,767 | 87.9% | 1 |
These companies have the same main activity as GERACON: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €1.1m and €1.5m, founded between 1990 and 2005.
Official details
Source: KBO- Status
- Active since 29-10-1999Normal situation
- Activity
- General construction of residential buildingsNACE 41001and 7 others
- Establishment unit
- 2.092.975.1361500 Halle, since 30-11-1999
- Financial year end
- 31 March
- Peppol
- Reachable since 30-10-2023
Annual accounts to 31-03-2025
- €1.3m▲ 4.2%
- Employeeson 31-03-2025
- 1
- Filing
- Filed on 26-01-2026
Insights on GERACON
GERACON files the abbreviated format. That format states no turnover. The gross margin rose from €75,251 in 2007 to €214,231 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 GERACON
- What is the company number of GERACON?
- The company number of GERACON is 0467.178.427. The VAT number is the same number with BE in front: BE 0467.178.427.
- Where is GERACON based?
- The registered office is at Lenniksesteenweg 85, 1500 Halle.Company details
- What does GERACON do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of GERACON?
- GERACON is a private limited company (BV).
- When was GERACON founded?
- GERACON was founded on 29-10-1999.
- Is GERACON still active?
- Yes, GERACON is an active enterprise in the KBO register.
- How many employees does GERACON have?
- GERACON had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of GERACON?
- The turnover in financial year 2025 is ≈ €760,000. This figure is estimated from the gross margin of €214,231 and 125 comparable companies (NACE 41001). It probably lies between €510,000 and €1.2m.
- Is GERACON profitable?
- In financial year 2025, GERACON made a profit of €79,075.
- Where can I find the annual accounts of GERACON?
- GERACON filed 24 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 trust this company with building work.Contractor check 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
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