GERDISOFT
ActiveSummary
GERDISOFT has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €14,701 and a net result of -€2,600. Equity remains stable across the filed fiscal years (±2.4% per year). Its solvency ranks better than 73% of 18537 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability5▲+5
Solvency86▲+5
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 2.36 against 2.04 in 2024; short-term debt: 38.8% and cash: 28.9% of total assets), and 38.8% 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 · 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
61.2%
Return on assets
-10.8%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€2,600
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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
27 d late
2024
61 d late
2023
92 d late
2022
92 d late
2021
480 d late
2020
31 d late
2019
122 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 129 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% 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.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€14,701▼ 15.0%
2024 · €17,302
Total assets
€24,034▼ 22.9%
2024 · €31,165
Net result
-€2,600▲ 42.9%
2024 · -€4,557
Working capital
€12,736▼ 11.6%
2024 · €14,402
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
Line20212022202320242025
Operating result€3,155▼ 75.3%-€2,929-€5,009▼ 71.0%-€4,496▲ 10.2%-€2,534▲ 43.6%
Net result€1,985▼ 81.9%-€2,979-€5,051▼ 69.6%-€4,557▲ 9.8%-€2,600▲ 42.9%
Equity€29,888▲ 6.2%€26,909▼ 10.0%€21,858▼ 18.8%€17,302▼ 20.8%€14,701▼ 15.0%
Total assets€43,285▲ 15.6%€42,954▼ 0.8%€35,565▼ 17.2%€31,165▼ 12.4%€24,034▼ 22.9%
Debt€13,397▲ 43.7%€16,045▲ 19.8%€13,707▼ 14.6%€13,863▲ 1.1%€9,333▼ 32.7%
Working capital€29,888▲ 6.2%€22,141▼ 25.9%€18,024▼ 18.6%€14,402▼ 20.1%€12,736▼ 11.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2,534 in 2025 against €4,496 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €24,034
Fixed assets
€1,965 ▼ 32.2%
Current assets
€22,068 ▼ 21.9%
Equity and liabilities €24,034
Equity
€14,701 ▼ 15.0%
Debt
€9,333 ▼ 32.7%
Debt's share of the balance-sheet total falls from 44.5% to 38.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€1,600▲
2024 · -€3,561
Cash flow
-€1,666▲
2024 · -€3,622
Current ratio
2.36▲
2024 · 2.04
Quick ratio
1.87▲
2024 · 1.75
Debt to equity
0.63▼
2024 · 0.80
ROE
-17.7%▲
2024 · -26.3%
ROA
-10.8%▲
2024 · -14.6%
Interest coverage
-23.77▲
2024 · -53.84
Debt ≤ 1 year
€9,333▼
2024 · €13,863
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,827 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 84% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a loss of 10% of the balance sheet or more
1.5%
went bankrupt
14%
stopped otherwise
84%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.7% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 5,827 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 | - | €934 | €934 | €934 | €934 | = |
| Other operating charges640/8 | €523 | €1,176 | €2,040 | €1,406 | €1,153 | ▼ 18.0% |
| Non-recurring operating charges66A | - | €1,647 | - | - | - | - |
| Gross operating margin9900 | €3,678 | €828 | -€2,034 | -€2,155 | -€447 | ▲ 79.2% |
| Operating profit (loss)9901 | €3,155 | -€2,929 | -€5,009 | -€4,496 | -€2,534 | ▲ 43.6% |
| Financial income75/76B | €6 | €11 | €1 | €5 | €1 | ▼ 79.2% |
| Recurring financial income75 | €6 | €11 | €1 | €5 | €1 | ▼ 79.2% |
| Financial charges65/66B | €11 | €61 | €43 | €66 | €67 | ▲ 1.8% |
| Recurring financial charges65 | €11 | €61 | €43 | €66 | €67 | ▲ 1.8% |
| Profit (loss) for the period before taxes9903 | €3,151 | -€2,979 | -€5,051 | -€4,557 | -€2,600 | ▲ 42.9% |
| Income taxes67/77 | €1,165 | - | - | - | - | - |
| Profit (loss) for the period9904 | €1,985 | -€2,979 | -€5,051 | -€4,557 | -€2,600 | ▲ 42.9% |
| Profit (loss) for the period to be appropriated9905 | €1,985 | -€2,979 | -€5,051 | -€4,557 | -€2,600 | ▲ 42.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €43,285 | €42,954 | €35,565 | €31,165 | €24,034 | ▼ 22.9% |
| Fixed assets21/28 | - | €4,768 | €3,834 | €2,900 | €1,965 | ▼ 32.2% |
| Tangible fixed assets22/27 | - | €4,768 | €3,834 | €2,900 | €1,965 | ▼ 32.2% |
| Furniture and vehicles24 | - | €4,768 | €3,834 | €2,900 | €1,965 | ▼ 32.2% |
| Current assets29/58 | €43,285 | €38,186 | €31,731 | €28,265 | €22,068 | ▼ 21.9% |
| Stocks and contracts in progress3 | €5,091 | €4,059 | €3,563 | €4,038 | €4,581 | ▲ 13.4% |
| Stocks30/36 | €5,091 | €4,059 | €3,563 | €4,038 | €4,581 | ▲ 13.4% |
| Amounts receivable within one year40/41 | €27,578 | €22,200 | €18,114 | €19,088 | €10,539 | ▼ 44.8% |
| Trade receivables40 | €13,754 | €17,557 | €14,638 | €14,252 | €6,467 | ▼ 54.6% |
| Other amounts receivable41 | €13,824 | €4,643 | €3,475 | €4,836 | €4,072 | ▼ 15.8% |
| Cash at bank and in hand54/58 | €10,616 | €11,927 | €10,054 | €5,139 | €6,948 | ▲ 35.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €43,285 | €42,954 | €35,565 | €31,165 | €24,034 | ▼ 22.9% |
| Equity10/15 | €29,888 | €26,909 | €21,858 | €17,302 | €14,701 | ▼ 15.0% |
| Contributions10/11 | €9,924 | €9,924 | €9,924 | €9,924 | €9,924 | = |
| Reserves13 | €19,964 | €19,964 | €19,964 | €19,964 | €19,964 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | - | - | - | - |
| Distributable reserves133 | €18,104 | €18,104 | €19,964 | €19,964 | €19,964 | = |
| Profit (loss) carried forward14 | - | -€2,979 | -€8,030 | -€12,586 | -€15,187 | ▼ 20.7% |
| Amounts payable17/49 | €13,397 | €16,045 | €13,707 | €13,863 | €9,333 | ▼ 32.7% |
| Amounts payable within one year42/48 | €13,397 | €16,045 | €13,707 | €13,863 | €9,333 | ▼ 32.7% |
| Trade debts44 | €12,129 | €15,880 | €13,177 | €13,275 | €8,714 | ▼ 34.4% |
| Suppliers440/4 | €12,129 | €15,880 | €13,177 | €13,275 | €8,714 | ▼ 34.4% |
| Taxes, remuneration and social security45 | €1,268 | €166 | €530 | €588 | €618 | ▲ 5.1% |
| Taxes450/3 | €1,268 | €166 | €530 | €588 | €618 | ▲ 5.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,985 | -€2,979 | -€5,051 | -€4,557 | -€2,600 | ▲ 42.9% |
| + Depreciation and write-downs630 | - | €934 | €934 | €934 | €934 | = |
| Operating cash flow (approximation) | €1,985 | -€2,045 | -€4,117 | -€3,622 | -€1,666 | ▲ 54.0% |
| Investment in fixed assets (approximation) | - | - | €0 | €0 | €0 | - |
| Change in cash | - | €1,311 | -€1,874 | -€4,915 | €1,810 | ▲ 137% |
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
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 92 days late
2023
31-12
Financial
Weakest financial yearnet -€5,051
Net result drops to -€5,051, the lowest in the series; recovery starts the following year.
23-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 480 days late
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 92 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Highest result since 2018net €10,985 ▲1,750%
Operating result €12,756, net result €10,985, both a record.
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Zulte · 1 establishment unit since 1996
Ground area
746 m²
Building footprint
120 m²
Volume, LiDAR
556 m³
Parcel 44081C0002/00C004, Flanders · tallest building 7.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GERDISOFT
since 19962.077.350.812
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44081C0002/00C004 | Flanders | 746 m² | 1 · 119 m² | 7.2 m · 2 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
2023 to 2025 · 2 entries · 702 EUR awarded · 702 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 297 EUR | 297 EUR |
| 2023 | 1 | 405 EUR | 405 EUR |
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Of 3,223 companies in sector 47400 we hold annual accounts for 1,806. 1,062 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
Founded04-06-1996
Fiscal year end31-12
Activities, NACEBEL 2025
47400Retail sale of information and communication equipment
E-invoicing
Reachable via Peppol
Peppol ID
0208:0458106254
Registered
19-01-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.