GERBEHAYE
ActiveSummary
GERBEHAYE has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €145,217 and a net result of €62,858. Equity is growing by ~55.4% per year across the filed fiscal years. Its solvency ranks better than 28% of 3330 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability79▼-2
Solvency44▲+7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10,000 at 30 days acceptable
Liquidity tight (current ratio 1.39 against 1.07 in 2024; short-term debt: 8.2% and cash: 4% of total assets), and 80.8% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer 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
19.2%
Return on assets
8.3%
Age of the figures
9 mo
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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
31 d late
2024
8 d early
2023
29 d late
2022
31 d late
2021
11 d late
2020
31 d late
2019
34 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 23 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% 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 30 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Turnover
€0
2024 · €0
EBIT margin
Not included in this filing
Net result
€62,858▼ 8.1%
2024 · €68,386
Working capital
€24,389▲ 565%
2024 · €3,668
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€0€0€0
Operating result€52,115▼ 23.8%€77,729▲ 49.1%€70,055▼ 9.9%€102,272▲ 46.0%€100,556▼ 1.7%
Net result€36,702within the sector's middle half▼ 21.3%€56,490within the sector's middle half▲ 53.9%€48,843within the sector's middle half▼ 13.5%€68,386within the sector's middle half▲ 40.0%€62,858within the sector's middle half▼ 8.1%
Equity-€91,359below the sector's middle half▲ 28.7%-€34,869below the sector's middle half▲ 61.8%€13,974below the sector's middle half€82,359within the sector's middle half▲ 489%€145,217within the sector's middle half▲ 76.3%
Total assets€629,323within the sector's middle half▼ 7.1%€628,557within the sector's middle half▼ 0.1%€670,160within the sector's middle half▲ 6.6%€681,100within the sector's middle half▲ 1.6%€754,963within the sector's middle half▲ 10.8%
Debt€720,681▼ 10.5%€663,426▼ 7.9%€656,186▼ 1.1%€598,741▼ 8.8%€609,746▲ 1.8%
Working capital€6,053within the sector's middle half▼ 90.6%-€2,992below the sector's middle half-€13,520below the sector's middle half▼ 352%€3,668within the sector's middle half€24,389within the sector's middle half▲ 565%
Solvency-14.5%below the sector's middle half▲ 4.4pp-5.5%below the sector's middle half▲ 9.0pp2.1%below the sector's middle half▲ 7.6pp12.1%within the sector's middle half▲ 10.0pp19.2%within the sector's middle half▲ 7.1pp
Current ratio1.15within the sector's middle half▼ 1.950.93below the sector's middle half▼ 0.230.78below the sector's middle half▼ 0.151.07within the sector's middle half▲ 0.291.39within the sector's middle half▲ 0.33
Return on assets (ROA)5.8%within the sector's middle half▼ 1.1pp9.0%within the sector's middle half▲ 3.2pp7.3%within the sector's middle half▼ 1.7pp10.0%within the sector's middle half▲ 2.8pp8.3%within the sector's middle half▼ 1.7pp
above
within
below
the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 2% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €754,963
Fixed assets
€668,807 ▲ 7.2%
Current assets
€86,156 ▲ 50.7%
Equity and liabilities €754,963
Equity
€145,217 ▲ 76.3%
Debt
€609,746 ▲ 1.8%
Debt's share of the balance-sheet total falls from 87.9% to 80.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€122,132▲
2024 · €117,764
Cash flow
€84,433▲
2024 · €83,877
Debt to equity
4.20▼
2024 · 7.27
ROE
43.3%▼
2024 · 83.0%
Interest coverage
57.44▼
2024 · 61.29
Debt ≤ 1 year
€61,768▲
2024 · €53,518
Debt > 1 year
€547,978▲
2024 · €545,222
Income taxes
€35,572▲
2024 · €31,965
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | €0 | - | €0 | €0 | - |
| Non-recurring operating income76A | - | - | - | €2,485 | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | €0 | - | €0 | €0 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,428 | €8,729 | €7,096 | €15,492 | €21,576 | ▲ 39.3% |
| Other operating charges640/8 | €496 | €496 | €2,044 | €821 | €1,322 | ▲ 60.9% |
| Gross operating margin9900 | €59,040 | €86,955 | €79,195 | €118,585 | €123,453 | ▲ 4.1% |
| Operating profit (loss)9901 | €52,115 | €77,729 | €70,055 | €102,272 | €100,556 | ▼ 1.7% |
| Financial income75/76B | - | - | €0 | €0 | €0 | - |
| Recurring financial income75 | - | - | €0 | €0 | €0 | - |
| Non-recurring financial income76B | - | - | - | €0 | - | - |
| Financial charges65/66B | €219 | €5 | €1,597 | €1,921 | €2,126 | ▲ 10.7% |
| Recurring financial charges65 | €219 | €5 | €1,597 | €1,921 | €2,126 | ▲ 10.7% |
| Profit (loss) for the period before taxes9903 | €51,896 | €77,725 | €68,457 | €100,351 | €98,430 | ▼ 1.9% |
| Income taxes67/77 | €15,194 | €21,235 | €19,615 | €31,965 | €35,572 | ▲ 11.3% |
| Profit (loss) for the period9904 | €36,702 | €56,490 | €48,843 | €68,386 | €62,858 | ▼ 8.1% |
| Profit (loss) for the period to be appropriated9905 | €36,702 | €56,490 | €48,843 | €68,386 | €62,858 | ▼ 8.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €629,323 | €628,557 | €670,160 | €681,100 | €754,963 | ▲ 10.8% |
| Fixed assets21/28 | €584,089 | €591,623 | €622,560 | €623,914 | €668,807 | ▲ 7.2% |
| Tangible fixed assets22/27 | €16,610 | €24,144 | €55,081 | €56,435 | €101,328 | ▲ 79.5% |
| Land and buildings22 | €0 | - | €0 | - | - | - |
| Plant, machinery and equipment23 | €6,976 | €19,859 | €17,500 | €18,640 | €15,934 | ▼ 14.5% |
| Furniture and vehicles24 | €9,634 | €4,285 | €37,581 | €37,796 | €59,675 | ▲ 57.9% |
| Leasing and similar rights25 | - | - | - | - | €25,720 | - |
| Financial fixed assets28 | €567,479 | €567,479 | €567,479 | €567,479 | €567,479 | = |
| Current assets29/58 | €45,234 | €36,934 | €47,600 | €57,186 | €86,156 | ▲ 50.7% |
| Amounts receivable after more than one year29 | - | - | - | - | €0 | - |
| Other amounts receivable291 | - | - | - | - | €0 | - |
| Amounts receivable within one year40/41 | €36,562 | €33,442 | €24,899 | €42,284 | €52,134 | ▲ 23.3% |
| Trade receivables40 | €23,119 | €20,000 | €11,347 | €29,366 | €39,215 | ▲ 33.5% |
| Other amounts receivable41 | €13,442 | €13,442 | €13,552 | €12,919 | €12,919 | = |
| Cash at bank and in hand54/58 | €8,672 | €3,492 | €22,701 | €12,564 | €30,372 | ▲ 142% |
| Deferred charges and accrued income490/1 | - | - | - | €2,337 | €3,651 | ▲ 56.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €629,323 | €628,557 | €670,160 | €681,100 | €754,963 | ▲ 10.8% |
| Equity10/15 | -€91,359 | -€34,869 | €13,974 | €82,359 | €145,217 | ▲ 76.3% |
| Contributions10/11 | €28,800 | €28,800 | €30,660 | €30,660 | €30,660 | = |
| Reserves13 | €1,860 | €1,860 | €0 | €51,699 | €114,557 | ▲ 122% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €0 | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €0 | - | - | - |
| Distributable reserves133 | - | - | - | €51,699 | €114,557 | ▲ 122% |
| Profit (loss) carried forward14 | -€122,019 | -€65,529 | -€16,686 | €0 | - | - |
| Amounts payable17/49 | €720,681 | €663,426 | €656,186 | €598,741 | €609,746 | ▲ 1.8% |
| Amounts payable after more than one year17 | €681,500 | €623,500 | €595,066 | €545,222 | €547,978 | ▲ 0.5% |
| Financial debts170/4 | - | - | €25,566 | €18,043 | €37,431 | ▲ 107% |
| Other amounts payable178/9 | €681,500 | €623,500 | €569,500 | €527,179 | €510,547 | ▼ 3.2% |
| Amounts payable within one year42/48 | €39,181 | €39,926 | €61,120 | €53,518 | €61,768 | ▲ 15.4% |
| Current portion of amounts payable after more than one year42 | - | - | €7,230 | €9,403 | €23,622 | ▲ 151% |
| Trade debts44 | €5,933 | €872 | €17,890 | €20,048 | €4,200 | ▼ 79.1% |
| Suppliers440/4 | €5,933 | €872 | €17,890 | €20,048 | €4,200 | ▼ 79.1% |
| Taxes, remuneration and social security45 | €32,404 | €38,913 | €35,826 | €24,067 | €31,792 | ▲ 32.1% |
| Taxes450/3 | €32,404 | €38,913 | €35,826 | €24,067 | €31,792 | ▲ 32.1% |
| Remuneration and social security454/9 | - | - | - | - | €0 | - |
| Other amounts payable47/48 | €845 | €141 | €174 | €0 | €2,155 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €36,702 | €56,490 | €48,843 | €68,386 | €62,858 | ▼ 8.1% |
| + Depreciation and write-downs630 | €6,428 | €8,729 | €7,096 | €15,492 | €21,576 | ▲ 39.3% |
| Operating cash flow (approximation) | €43,131 | €65,219 | €55,939 | €83,877 | €84,433 | ▲ 0.7% |
| Investment in fixed assets (approximation) | - | -€16,263 | -€38,034 | -€16,846 | -€66,468 | ▼ 295% |
| Change in cash | - | -€5,180 | €19,209 | -€10,136 | €17,808 | ▲ 276% |
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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-12
Financial
Equity above €100,000Eq €145,217 ▲76.3%
6 profitable years in a row build equity to €145,217.
23-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2018net €68,386 ▲40%
Operating result €102,272, net result €68,386, both a record.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 29 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 31 days late
2022
11-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 11 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 31 days late
2020
31-12
Financial
Back to profitnet €46,660
Net result €46,660 after 2 loss-making years.
03-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 34 days late
2019
31-12
Financial
Weakest financial yearnet -€194,547
Net result drops to -€194,547, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 14current ratio 2.33
Current ratio from 0.16 to 2.33; short-term debt falls from €150,374 to €35,353.
Show earlier events
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 30 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 29 days late
2017
02-10
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 63 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Verlaine · 1 establishment unit since 2011
Ground area
1,779 m²
Building footprint
100 m²
Volume, LiDAR
1,004 m³
Parcel 61032B0424/00R000, Wallonia · tallest building 12.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
GERBEHAYE
since 20112.199.131.342
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61032B0424/00R000 | Wallonia | 1,779 m² | 1 · 100 m² | 12.5 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.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2025 list no shareholders, and no other source names one.
Holdings 1
-
47.4%
According to the 2025 annual accounts of GERBEHAYE and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 22,076 companies in sector 69101 we hold annual accounts for 9,061. 7,536 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
Founded31-03-2011
Fiscal year end31-12
Activities, NACEBEL 2025
69101Activities of lawyers
E-invoicing
Reachable via Peppol
Peppol ID
0208:0835037267
Also
9925:BE0835037267
Registered
05-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.