Gercotrade
Open bankruptcyA bankruptcy procedure is open for Gercotrade according to publications in the Belgian State Gazette; curator: DAVE PARDO.
Summary
The 2023 annual accounts show negative equity (-€52,455) and a net result of -€3,211.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Ghent, Bruges division
- Declared bankrupt
- 1 September 2025
- Supervising judge
- Elisabeth Vander Stichele
- Official Gazette
- 05-09-2025 (pdf) ↗search the document for 2025/135550
Curator
- Dave PardoHoornstraat 6, 8000 Brugged.pardo@fellows.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help. Full guide for creditors
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 25-06-2024, 36 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
36 d early
2022
24 d late
2021
28 d late
2020
13 d late
2019
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 12 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 45% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Are there other customers at risk in your own list?Debtor check
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2023, micro schema
Equity
-€52,455▼ 6.5%
2022 · -€49,244
Total assets
€863▼ 95.4%
2022 · €18,845
Net result
-€3,211
2022 · €8,406
Working capital
-€52,455▲ 21.5%
2022 · -€66,781
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
Line20192020202120222023
Operating result-€66▲ 98.2%€16,915€15,924▼ 5.9%€8,832▼ 44.5%-€3,230
Net result-€1,477▲ 63.3%€16,405€15,560▼ 5.2%€8,406▼ 46.0%-€3,211
Equity-€89,615▼ 1.7%-€73,210▲ 18.3%-€57,650▲ 21.3%-€49,244▲ 14.6%-€52,455▼ 6.5%
Total assets€8,117▼ 15.9%€16,214▲ 99.7%€35,910▲ 121%€18,845▼ 47.5%€863▼ 95.4%
Debt€97,732▼ 0.1%€89,424▼ 8.5%€93,560▲ 4.6%€68,089▼ 27.2%€53,318▼ 21.7%
Working capital-€94,145▲ 3.1%-€75,523▲ 19.8%-€81,226▼ 7.6%-€66,781▲ 17.8%-€52,455▲ 21.5%
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 2023: a loss of €3,230 after €8,832 in 2022, the lowest result in the available series.
Key figures and ratios
EBITDA
-€2,074▼
2022 · €14,870
Cash flow
-€2,055▼
2022 · €14,444
Interest coverage
-9.44▼
2022 · 123.92
Debt ≤ 1 year
€53,318▼
2022 · €68,089
Income taxes
-€239▼
2022 · €306
Ratios withheld: a balance sheet total of €863 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €120 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,530 | €5,108 | €6,039 | €6,039 | €1,157 | ▼ 80.8% |
| Other operating charges640/8 | - | - | €1,191 | €773 | €219 | ▼ 71.7% |
| Gross operating margin9900 | €5,543 | €23,168 | €23,154 | €15,643 | -€1,855 | ▼ 112% |
| Operating profit (loss)9901 | -€66 | €16,915 | €15,924 | €8,832 | -€3,230 | ▼ 137% |
| Financial charges65/66B | - | - | €120 | €120 | €220 | ▲ 83.1% |
| Recurring financial charges65 | €910 | €210 | €120 | €120 | €220 | ▲ 83.1% |
| Profit (loss) for the period before taxes9903 | -€975 | €16,705 | €15,804 | €8,712 | -€3,450 | ▼ 140% |
| Income taxes67/77 | €501 | €300 | €244 | €306 | -€239 | ▼ 178% |
| Profit (loss) for the period9904 | -€1,477 | €16,405 | €15,560 | €8,406 | -€3,211 | ▼ 138% |
| Profit (loss) for the period to be appropriated9905 | -€1,477 | €16,405 | €15,560 | €8,406 | -€3,211 | ▼ 138% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €8,117 | €16,214 | €35,910 | €18,845 | €863 | ▼ 95.4% |
| Fixed assets21/28 | €4,530 | €2,313 | €23,576 | €17,537 | €0 | ▼ 100% |
| Tangible fixed assets22/27 | €4,530 | €2,313 | €23,576 | €17,537 | €0 | ▼ 100% |
| Furniture and vehicles24 | - | - | €23,576 | €17,537 | €0 | ▼ 100% |
| Current assets29/58 | €3,588 | €13,901 | €12,334 | €1,308 | €863 | ▼ 34.1% |
| Amounts receivable within one year40/41 | €611 | €9,321 | €8,367 | - | €551 | - |
| Other amounts receivable41 | - | - | €8,367 | - | €551 | - |
| Cash at bank and in hand54/58 | €2,016 | €4,580 | €3,530 | €870 | €312 | ▼ 64.2% |
| Deferred charges and accrued income490/1 | - | - | €438 | €438 | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €8,117 | €16,214 | €35,910 | €18,845 | €863 | ▼ 95.4% |
| Equity10/15 | -€89,615 | -€73,210 | -€57,650 | -€49,244 | -€52,455 | ▼ 6.5% |
| Contributions10/11 | €18,600 | - | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Non-distributable reserves130/1 | - | - | €1,859 | €1,859 | €1,859 | = |
| Reserves not available under the articles1311 | - | - | €1,859 | €1,859 | €0 | ▼ 100% |
| Other1319 | - | - | - | - | €1,859 | - |
| Profit (loss) carried forward14 | -€110,074 | -€93,669 | -€78,109 | -€69,703 | -€72,915 | ▼ 4.6% |
| Amounts payable17/49 | €97,732 | €89,424 | €93,560 | €68,089 | €53,318 | ▼ 21.7% |
| Amounts payable within one year42/48 | €97,732 | €89,424 | €93,560 | €68,089 | €53,318 | ▼ 21.7% |
| Trade debts44 | - | - | - | €217 | €1,116 | ▲ 413% |
| Suppliers440/4 | - | - | - | €217 | €1,116 | ▲ 413% |
| Advances received on contracts in progress46 | - | - | €5,275 | €5,275 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | - | - | €3,611 | €7,021 | €7,876 | ▲ 12.2% |
| Taxes450/3 | - | - | €3,611 | €7,021 | €7,876 | ▲ 12.2% |
| Other amounts payable47/48 | - | - | €84,674 | €55,576 | €44,326 | ▼ 20.2% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,477 | €16,405 | €15,560 | €8,406 | -€3,211 | ▼ 138% |
| + Depreciation and write-downs630 | €4,530 | €5,108 | €6,039 | €6,039 | €1,157 | ▼ 80.8% |
| Operating cash flow (approximation) | €3,053 | €21,513 | €21,598 | €14,444 | -€2,055 | ▼ 114% |
| Investment in fixed assets (approximation) | - | -€2,892 | -€27,301 | €0 | €16,380 | - |
| Change in cash | - | €2,564 | -€1,050 | -€2,659 | -€559 | ▲ 79.0% |
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
2025
05-09
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Brugge · event 01-09-2025
2024
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
2022
28-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 28 days late
2021
13-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 13 days late
2020
31-12
Financial
Back to profitnet €16,405
Net result €16,405 after 2 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
19-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
21-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 21 days late
2016
25-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 25 days late
2015
25-06
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
6 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, Knokke-Heist · 1 establishment unit since 2012
Ground area
96 m²
Building footprint
117 m²
Volume, LiDAR
1,108 m³
Parcel 31008I0173/00B000, Flanders · tallest building 19.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Ô Bistro des Saveurs
since 20122.207.264.001
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31008I0173/00B000 | Flanders | 96 m² | 1 · 117 m² | 19.9 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | DAVE PARDO HOORNSTRAAT 6, 8000 BRUGGE- |
01-09-2025 → present |
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
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Ieper
This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 3,074 companies in sector 55302 we hold annual accounts for 1,660. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded08-11-1995
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
82990Other business support services
93299Other amusement and recreation activities
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.