GERARDO FORERO
ActiveGERARDO FORERO has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €45k and a net result of €-4k. Equity is growing by ~7.3% per year across the filed fiscal years. Its solvency ranks better than 95% of 27407 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-54
Solvency100=
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 33.78 against 6.02 in 2024), and 2.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 2025Solvency, return and age of the figures
Solvency
97.1%
Return on assets
-8%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-08-2026, 21 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
21 d late
2024
20 d late
2023
26 d late
2022
21 d late
2021
23 d late
2020
9 d late
2019
10 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€45k▼ 7.6%
2024 · €49k
2018: €23k
2019: €32k
2020: €42k
2021: €48k
2022: €52k
2023: €43k
2024: €49k
2018 → 2025
Total assets
€46k▼ 20.6%
2024 · €58k
2018: €35k
2019: €63k
2020: €77k
2021: €83k
2022: €71k
2023: €52k
2024: €58k
2018 → 2025
Net result
€-4k
2024 · €5k
2018: €1k
2019: €9k
2020: €10k
2021: €10k
2022: €4k
2023: €-9k
2024: €5k
2018 → 2025
Working capital
€44k▼ 8.4%
2024 · €48k
2018: €21k
2019: €23k
2020: €30k
2021: €40k
2022: €48k
2023: €43k
2024: €48k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€48k-€52k▲ 7.3%€43k▼ 16.5%€49k▲ 12.1%€45k▼ 7.6%
Operating result€13k-€3k▼ 74.9%€-8k€5k€-4k
Net result€10k-€4k▼ 66.3%€-9k€5k€-4k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €4k after €5k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €46k
Fixed assets
€602▲ 136%
Current assets
€46k▼ 21.3%
Equity and liabilities €46k
Equity
€45k▼ 7.6%
Debt
€1k▼ 86.0%
The debt ratio falls from 16.6% to 2.9%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€-3k▼
2024 · €6k
Cash flow
€-3k▼
2024 · €6k
Solvency
97.1%▲
2024 · 83.4%
Current ratio
33.78▲
2024 · 6.02
Quick ratio
33.59▲
2024 · 5.97
Debt / equity
0.03▼
2024 · 0.20
ROE
-8.2%▼
2024 · 10.8%
ROA
-8.0%▼
2024 · 9.0%
Interest coverage
-34.88▼
2024 · 41.96
Debt
€1k▼
2024 · €10k
Debt ≤ 1 year
€1k▼
2024 · €10k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€58k€46k▼
Fixed assets21/28€255€602▲
Tangible fixed assets22/27€255€602▲
Plant, machinery and equipment23€255€94▼
Furniture and vehicles24-€508
Current assets29/58€58k€46k▼
Amounts receivable after more than one year29€265-
Other amounts receivable291€265-
Stocks and contracts in progress3€450€250▼
Stocks30/36€450€250▼
Amounts receivable within one year40/41€9k€1k▼
Trade receivables40-€179
Other amounts receivable41€9k€1k▼
Cash at bank and in hand54/58€48k€44k▼
Deferred charges and accrued income490/1€415€67▼
Equity and liabilities
Total equity and liabilities10/49€58k€46k▼
Equity10/15€49k€45k▼
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€40k€37k▼
Amounts payable17/49€10k€1k▼
Amounts payable within one year42/48€10k€1k▼
Trade debts44€9k€600▼
Suppliers440/4€9k€600▼
Taxes, remuneration and social security45€942€750▼
Taxes450/3€942€750▼
Accrued charges and deferred income492/3€12-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€401€309▼
Other operating charges640/8€679€796▲
Gross operating margin9900€6k€-2k▼
Operating profit (loss)9901€5k€-4k▼
Financial income75/76B€40-
Recurring financial income75€40-
Non-recurring financial income76B€40-
Financial charges65/66B€137€94▼
Recurring financial charges65€137€94▼
Profit (loss) for the period before taxes9903€5k€-4k▼
Profit (loss) for the period9904€5k€-4k▼
Profit (loss) for the period to be appropriated9905€5k€-4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€40k€37k▼
Profit (loss) brought forward from the previous period14P€35k€40k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
21-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 21 days late
2025
31-12
Financial
Liquidity times 6current ratio 33.78
Current ratio from 6.02 to 33.78; short-term debt falls from €10k to €1k.
20-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 20 days late
2024
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
31-12
Financial
Weakest financial yearnet €-9k ▼343%
Net result drops to €-9k, the lowest in the series; recovery starts the following year.
21-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 21 days late
2022
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 23 days late
2021
31-12
Financial
Highest result since 2018net €10k ▲7.1%
Operating result €13k, net result €10k, both a record.
09-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 9 days late
2020
10-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 10 days late
2019
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
07-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
25-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Silly · 1 establishment unit since 2011
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Pavé d'Ath(Silly) 47830 SillyGround area
1,322 m²
Building footprint
179 m²
Volume, LiDAR
1,067 m³
Parcel 55001A0568/00H000, Wallonia · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GERARDO FORERO
since 20112.203.270.470
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55001A0568/00H000 | Wallonia | 1,322 m² | 1 · 179 m² | 8.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 3,987 companies in sector 43310 we hold annual accounts for 1,737. 1,504 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded19-09-2011
Fiscal year end31-12
Activities, NACEBEL
43310Plastering work
43240Other construction installation
43299Specialised construction activities
43990Other specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:forerogerardo@hotmail.com
Phone:0486179042