Geray
ActiveSummary
The computed 12-month bankruptcy probability of Geray is 2.1% (moderate). The 2025 annual accounts show equity of €62k and a net result of €12k. Its solvency ranks better than 88% of 27965 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability90▼-10
Solvency100▲+4
Growth52
Track record82
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity ample (current ratio 5.13 against 4.42 in 2024; short-term debt: 16.7% and cash: 37% of total assets), and 16.7% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
83.3%
Return on assets
16.7%
Age of the figures
9 mo
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 10-06-2026, 51 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
51 d early
2024
58 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
History
Financials · fiscal year 2025, micro schema
Equity
€62k▲ 25.0%
2024 · €49k
Total assets
€74k▲ 6.9%
2024 · €69k
Net result
€12k▼ 73.6%
2024 · €47k
Working capital
€51k▲ 16.9%
2024 · €44k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20242025
Operating result€59k-€16k▼ 72.3%
Net result€47k-€12k▼ 73.6%
Equity€49k-€62k▲ 25.0%
Total assets€69k-€74k▲ 6.9%
Debt€20k-€12k▼ 38.0%
Working capital€44k-€51k▲ 16.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 72% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €74k
Fixed assets
€11k ▼ 17.2%
Current assets
€63k ▲ 12.3%
Equity and liabilities €74k
Equity
€62k ▲ 25.0%
Debt
€12k ▼ 38.0%
Debt's share of the balance-sheet total falls from 28.8% to 16.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€19k▼
2024 · €62k
Cash flow
€15k▼
2024 · €50k
Current ratio
5.13▲
2024 · 4.42
Quick ratio
4.43▲
2024 · 4.36
Debt to equity
0.20▼
2024 · 0.40
ROE
20.0%▼
2024 · 94.9%
ROA
16.7%▼
2024 · 67.6%
Interest coverage
59.99▼
2024 · 467.87
Debt ≤ 1 year
€12k▼
2024 · €13k
Income taxes
€4k▼
2024 · €13k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3k | €3k | ▼ 0.7% |
| Other operating charges640/8 | €944 | €834 | ▼ 11.7% |
| Gross operating margin9900 | €63k | €20k | ▼ 67.9% |
| Operating profit (loss)9901 | €59k | €16k | ▼ 72.3% |
| Financial income75/76B | €472 | €691 | ▲ 46.4% |
| Recurring financial income75 | €472 | €691 | ▲ 46.4% |
| Financial charges65/66B | €133 | €324 | ▲ 143% |
| Recurring financial charges65 | €133 | €324 | ▲ 143% |
| Profit (loss) for the period before taxes9903 | €60k | €17k | ▼ 71.8% |
| Income taxes67/77 | €13k | €4k | ▼ 65.2% |
| Profit (loss) for the period9904 | €47k | €12k | ▼ 73.6% |
| Profit (loss) for the period to be appropriated9905 | €47k | €12k | ▼ 73.6% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €69k | €74k | ▲ 6.9% |
| Fixed assets21/28 | €13k | €11k | ▼ 17.2% |
| Tangible fixed assets22/27 | €13k | €11k | ▼ 17.2% |
| Plant, machinery and equipment23 | €2k | €649 | ▼ 58.3% |
| Furniture and vehicles24 | €753 | €781 | ▲ 3.7% |
| Other tangible fixed assets26 | €10k | €9k | ▼ 12.5% |
| Current assets29/58 | €56k | €63k | ▲ 12.3% |
| Amounts receivable after more than one year29 | €9k | €9k | = |
| Other amounts receivable291 | €9k | €9k | = |
| Stocks and contracts in progress3 | €700 | €9k | ▲ 1,143% |
| Stocks30/36 | €700 | €9k | ▲ 1,143% |
| Amounts receivable within one year40/41 | €5k | €17k | ▲ 268% |
| Trade receivables40 | €4k | €10k | ▲ 117% |
| Other amounts receivable41 | €46 | €7k | ▲ 14,797% |
| Cash at bank and in hand54/58 | €42k | €27k | ▼ 35.2% |
| Deferred charges and accrued income490/1 | - | €2k | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €69k | €74k | ▲ 6.9% |
| Equity10/15 | €49k | €62k | ▲ 25.0% |
| Contributions10/11 | €3k | €3k | = |
| Profit (loss) carried forward14 | €47k | €59k | ▲ 26.4% |
| Amounts payable17/49 | €20k | €12k | ▼ 38.0% |
| Amounts payable within one year42/48 | €13k | €12k | ▼ 3.4% |
| Trade debts44 | €8k | €12k | ▲ 50.6% |
| Suppliers440/4 | €8k | €12k | ▲ 50.6% |
| Taxes, remuneration and social security45 | €4k | - | - |
| Taxes450/3 | €4k | - | - |
| Other amounts payable47/48 | €352 | €205 | ▼ 41.6% |
| Accrued charges and deferred income492/3 | €7k | - | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €47k | €12k | ▼ 73.6% |
| + Depreciation and write-downs630 | €3k | €3k | ▼ 0.7% |
| Operating cash flow (approximation) | €50k | €15k | ▼ 69.2% |
| Investment in fixed assets (approximation) | - | €-832 | - |
| Change in cash | - | €-15k | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
10-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
03-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Herk-de-Stad · 1 establishment unit since 2023
Ground area
1,828 m²
Building footprint
202 m²
Volume, LiDAR
878 m³
Parcel 71051C0482/00N000, Flanders · tallest building 7.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Geray
since 20232.353.419.740
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71051C0482/00N000 | Flanders | 1,828 m² | 1 · 202 m² | 7.3 m · 1 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.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 180 EUR awarded · 180 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 180 EUR | 180 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 20,028 companies in sector 43320 we hold annual accounts for 9,135. 7,547 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded11-12-2023
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
41001General construction of residential buildings
43310Plastering work
43410Roofing work
96210Hairdressing and barber services
96220Beauty care and other beauty treatments
Scores and ratios are computed by Checked and are not a credit decision.