Gerarco
ActiveSummary
Gerarco has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €34,550 and a net result of €54,651. Equity remains stable across the filed fiscal years (±0% per year). Its solvency ranks better than 34% of 7201 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency58▼-1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,500 at 30 days acceptable
Liquidity tight (current ratio 1.41 against 1.46 in 2024; short-term debt: 66.7% and cash: 48.4% of total assets), and 66.9% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
33.1%
Return on assets
52.3%
Age of the figures
9 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-05-2026, 73 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
73 d early
2024
26 d early
2023
15 d early
2022
7 d late
2021
39 d early
2020
107 d early
2019
13 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 34 days before the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 5 July (4 of the last 5 filed years within 33 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€34,550=
2024 · €34,550
Total assets
€104,454▲ 1.8%
2024 · €102,640
Net result
€54,651▲ 4.8%
2024 · €52,173
Working capital
€28,792▼ 8.7%
2024 · €31,519
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
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.Sector: the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€45,080▲ 25.4%€52,301▲ 16.0%€63,661▲ 21.7%€67,289▲ 5.7%€69,578▲ 3.4%
Net result€34,827within the sector's middle half▲ 19.5%€40,220within the sector's middle half▲ 15.5%€49,374above the sector's middle half▲ 22.8%€52,173above the sector's middle half▲ 5.7%€54,651above the sector's middle half▲ 4.8%
Equity€34,550within the sector's middle half▼ 62.7%€34,550within the sector's middle half=€34,550within the sector's middle half=€34,550within the sector's middle half=€34,550within the sector's middle half=
Total assets€94,930within the sector's middle half▼ 21.4%€84,923within the sector's middle half▼ 10.5%€104,352within the sector's middle half▲ 22.9%€102,640within the sector's middle half▼ 1.6%€104,454within the sector's middle half▲ 1.8%
Debt€60,380▲ 114%€50,373▼ 16.6%€69,802▲ 38.6%€68,090▼ 2.5%€69,904▲ 2.7%
Working capital€30,311within the sector's middle half▼ 67.1%€30,796within the sector's middle half▲ 1.6%€31,403within the sector's middle half▲ 2.0%€31,519within the sector's middle half▲ 0.4%€28,792within the sector's middle half▼ 8.7%
Solvency36.4%within the sector's middle half▼ 40.3pp40.7%within the sector's middle half▲ 4.3pp33.1%within the sector's middle half▼ 7.6pp33.7%within the sector's middle half▲ 0.6pp33.1%within the sector's middle half▼ 0.6pp
Current ratio1.50within the sector's middle half▼ 2.771.61within the sector's middle half▲ 0.111.45within the sector's middle half▼ 0.161.46within the sector's middle half▲ 0.011.41within the sector's middle half▼ 0.05
Return on assets (ROA)36.7%above the sector's middle half▲ 12.6pp47.4%above the sector's middle half▲ 10.7pp47.3%above the sector's middle half=50.8%above the sector's middle half▲ 3.5pp52.3%above the sector's middle half▲ 1.5pp
above
within
below
the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 3% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €104,454
Fixed assets
€5,980 ▲ 97.3%
Current assets
€98,474 ▼ 1.1%
Equity and liabilities €104,454
Equity
€34,550 =
Debt
€69,904 ▲ 2.7%
Debt's share of the balance-sheet total rises from 66.3% to 66.9%. Debt is higher.
Key figures and ratios
EBITDA
€71,419▲
2024 · €68,970
Cash flow
€56,493▲
2024 · €53,853
Debt to equity
2.02▲
2024 · 1.97
ROE
158.2%▲
2024 · 151.0%
Interest coverage
263.78▼
2024 · 668.37
Debt ≤ 1 year
€69,682▲
2024 · €68,090
Income taxes
€14,660▼
2024 · €15,013
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.
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%.
| 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 26,975 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €820 | €1,046 | €1,432 | €1,680 | €1,841 | ▲ 9.6% |
| Other operating charges640/8 | €836 | €779 | €1,107 | €996 | €999 | ▲ 0.3% |
| Non-recurring operating charges66A | - | - | - | - | €460 | - |
| Gross operating margin9900 | €46,735 | €54,127 | €66,200 | €69,965 | €72,877 | ▲ 4.2% |
| Operating profit (loss)9901 | €45,080 | €52,301 | €63,661 | €67,289 | €69,578 | ▲ 3.4% |
| Financial income75/76B | €289 | €0 | - | - | €4 | - |
| Recurring financial income75 | €289 | €0 | - | - | €4 | - |
| Financial charges65/66B | €320 | €37 | €366 | €103 | €271 | ▲ 162% |
| Recurring financial charges65 | €37 | €37 | €366 | €103 | €271 | ▲ 162% |
| Non-recurring financial charges66B | €283 | €0 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €45,049 | €52,264 | €63,295 | €67,186 | €69,311 | ▲ 3.2% |
| Income taxes67/77 | €10,222 | €12,044 | €13,921 | €15,013 | €14,660 | ▼ 2.4% |
| Profit (loss) for the period9904 | €34,827 | €40,220 | €49,374 | €52,173 | €54,651 | ▲ 4.8% |
| Profit (loss) for the period to be appropriated9905 | €34,827 | €40,220 | €49,374 | €52,173 | €54,651 | ▲ 4.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €94,930 | €84,923 | €104,352 | €102,640 | €104,454 | ▲ 1.8% |
| Fixed assets21/28 | €4,239 | €3,754 | €3,147 | €3,031 | €5,980 | ▲ 97.3% |
| Tangible fixed assets22/27 | €4,239 | €3,754 | €3,147 | €3,031 | €5,980 | ▲ 97.3% |
| Plant, machinery and equipment23 | €0 | - | - | - | - | - |
| Furniture and vehicles24 | €4,239 | €3,754 | €3,147 | €3,031 | €5,980 | ▲ 97.3% |
| Current assets29/58 | €90,692 | €81,169 | €101,205 | €99,608 | €98,474 | ▼ 1.1% |
| Amounts receivable after more than one year29 | €0 | - | - | - | - | - |
| Other amounts receivable291 | €0 | - | - | - | - | - |
| Amounts receivable within one year40/41 | €19,784 | €13,166 | €42,665 | €24,798 | €41,062 | ▲ 65.6% |
| Trade receivables40 | €19,784 | €11,458 | €42,665 | €24,798 | €40,722 | ▲ 64.2% |
| Other amounts receivable41 | €0 | €1,708 | €0 | - | €340 | - |
| Cash at bank and in hand54/58 | €69,644 | €60,364 | €50,497 | €66,793 | €50,523 | ▼ 24.4% |
| Deferred charges and accrued income490/1 | €1,264 | €7,639 | €8,042 | €8,018 | €6,889 | ▼ 14.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €94,930 | €84,923 | €104,352 | €102,640 | €104,454 | ▲ 1.8% |
| Equity10/15 | €34,550 | €34,550 | €34,550 | €34,550 | €34,550 | = |
| Contributions10/11 | €18,550 | €18,550 | €18,550 | €18,550 | €18,550 | = |
| Reserves13 | €16,000 | €16,000 | €16,000 | €16,000 | €16,000 | = |
| Non-distributable reserves130/1 | €0 | - | - | - | - | - |
| Reserves not available under the articles1311 | €0 | - | - | - | - | - |
| Distributable reserves133 | €16,000 | €16,000 | €16,000 | €16,000 | €16,000 | = |
| Profit (loss) carried forward14 | €0 | €0 | €0 | €0 | €0 | - |
| Amounts payable17/49 | €60,380 | €50,373 | €69,802 | €68,090 | €69,904 | ▲ 2.7% |
| Amounts payable within one year42/48 | €60,380 | €50,373 | €69,802 | €68,090 | €69,682 | ▲ 2.3% |
| Trade debts44 | €1,060 | €313 | €1,278 | €151 | €102 | ▼ 32.7% |
| Suppliers440/4 | €1,060 | €313 | €1,278 | €151 | €102 | ▼ 32.7% |
| Taxes, remuneration and social security45 | €18,109 | €9,839 | €17,465 | €21,003 | €10,391 | ▼ 50.5% |
| Taxes450/3 | €18,109 | €9,839 | €17,465 | €21,003 | €10,391 | ▼ 50.5% |
| Other amounts payable47/48 | €41,212 | €40,220 | €51,058 | €46,935 | €59,189 | ▲ 26.1% |
| Accrued charges and deferred income492/3 | - | - | - | - | €221 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €34,827 | €40,220 | €49,374 | €52,173 | €54,651 | ▲ 4.8% |
| + Depreciation and write-downs630 | €820 | €1,046 | €1,432 | €1,680 | €1,841 | ▲ 9.6% |
| Operating cash flow (approximation) | €35,647 | €41,267 | €50,806 | €53,853 | €56,493 | ▲ 4.9% |
| Investment in fixed assets (approximation) | - | -€561 | -€826 | -€1,564 | -€4,790 | ▼ 206% |
| Change in cash | - | -€9,280 | -€9,867 | €16,296 | -€16,270 | ▼ 200% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
19-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €54,651 ▲4.8%
Operating result €69,578, net result €54,651, both a record.
05-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
16-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
07-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 7 days late
2022
22-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
15-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
13-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 13 days late
2019
22-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
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.
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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, Lokeren · 1 establishment unit since 2018
Ground area
1,695 m²
Building footprint
189 m²
Volume, LiDAR
1,270 m³
Parcel 46004A0816/00H000, Flanders · tallest building 14.0 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Gerarco
since 20182.273.862.221
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46004A0816/00H000 | Flanders | 1,695 m² | 1 · 189 m² | 13.9 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 13,405 companies in this sector we hold annual accounts for 6,906. 5,269 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded16-03-2018
Fiscal year end31-12
Activities, NACEBEL 2025
73300Public relations and communication consultancy
70200Business and other management consultancy
73200Market research and public opinion polling
78100Employment placement agencies
82990Other business support services
Contact
E-mail
geert56hecke@gmail.com
Phone
0468 267 714
Phone
09 349 32 06Lokeren
E-invoicing
Reachable via Peppol
Peppol ID
0208:0692625827
Also
9925:BE0692625827
Registered
24-11-2023
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.