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GERIBRAY

Active Public limited companyfounded 2002active for 24 yearsRue de la Chapelette 60, 7130 BincheKBO/BCE: BE 0477.871.488 subsidiary of ARGENSON GESTION FINANCE#9 employer in Binche
GERIBRAY
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Overview

Lifetime

20 annual accounts with figures on one time axis, 23 filings since 2003
peak €4.3m (2015)
-not published
lowest -€505,147 (2024)
€51,441▲ €556,588
peak €413,237 (2021)
-€600,680▲ €51,441
€1.6m▲ 7.1%
peak 61.6 FTE (2023)
61.2 FTEunchanged
Board8 names since 2019
2 directorsARGEF SA and 1 other
Owners5 names in the annual accounts
100%ARGENSON GESTION FINANCE
Documentsfilings and deeds
13-08-202613 days late
2025financial year
Gross margin from €3.1m to €3.7mBack to profit: €51,441Cash from €71,980 to €19,312

Key points

from the 2025 annual accounts

Equity

-€600,680
202020212022202320242025

Debts exceed assets in financial year 2025.

Result

€51,441 €51,441
-€505,0002024€51,4002025

Back in profit in 2025, after a loss of €505,147 in 2024.

Debts

€1.6m 159% of the balance sheet
Financial debts 5%Suppliers 12%Taxes and wages 30%Other 54%

Of this, €1.6m falls due within a year.

Staff

79 employees on 31-12-2025
5146202142382022212720232930202429342025

In 2025, 29 people joined and 34 left.

Filings

23 annual accounts since 2003
AprilJune31 JulyOctober20102020

Eight of the last ten came late. The 2019 accounts came latest: 31 days after the end of the period.

Position in the sector

-59.0%

Lower solvency than 93% of companies in residential care. Sector median 46.3% · 700 companies.

Checked score

55
Fair
Financially stronger than 38% of medium-sized companies in residential care (NACE 87)
Probability in this band: 1.5% to 4.2%

Negative equity caps the score at 59.

Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: < 0.1% across 536 companies (NACE 87, medium-sized).

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 1.3% 01-2025: 1.3%● unchanged vs 12-2024 02-2025: 1.3%● unchanged vs 01-2025 03-2025: 1.4%▲ +0.1 percentage points vs 02-2025 04-2025: 1.4%● unchanged vs 03-2025 05-2025: 1.3%▼ -0.1 percentage points vs 04-2025 06-2025: 1.3%● unchanged vs 05-2025 07-2025: 1.5%▲ +0.2 percentage points vs 06-2025 08-2025: 1.6%▲ +0.1 percentage points vs 07-2025 09-2025: 1.7%▲ +0.1 percentage points vs 08-2025 10-2025: 1.7%● unchanged vs 09-2025 11-2025: 1.7%● unchanged vs 10-2025 12-2025: 1.7%● unchanged vs 11-2025 01-2026: 1.7%● unchanged vs 12-2025 02-2026: 1.7%● unchanged vs 01-2026 03-2026: 1.7%● unchanged vs 02-2026 04-2026: 1.7%● unchanged vs 03-2026 05-2026: 1.7%● unchanged vs 04-2026 06-2026: 1.7%● unchanged vs 05-2026 07-2026: 1.8%▲ +0.1 percentage points vs 06-2026 08-2026: 1.9%▲ +0.1 percentage points vs 07-2026highest value 09-2026: 0.6%▼ -1.3 percentage points vs 08-2026lowest value 10-2026: 0.6%● unchanged vs 09-2026lowest value 11-2026: 0.6%● unchanged vs 10-2026lowest value

Financial strength
Weak

0=equity -59.0% of total assets
2-8short-term debt 158.5% · cash 1.9%
75+75return on assets 5.0%

Score breakdown

raises risk
Capped at 59: negative equity
Negative equity -€600,680
Liquidity: current ratio 0.49, cash €19,312, halved
Size: 61.2 FTE, total assets €1.0m
lowers risk
Sector: Residential care activities (NACE 87)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 87, medium-sized). It does better than 4% of them on solvency, 3% on liquidity, 72% on profitability and 72% on growth.

The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 4,136 companies had the same profile as GERIBRAY has now. Each dot stands for 11 companies, two years later.

91.5%
were still trading
5.2%
stopped another way
2.6%
went bankrupt
  • 20 years or older
  • negative equity
  • a profit of 5% of the balance sheet or more
  • without size

Another 0.7% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of GERIBRAY itself: 0.6% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 4,136 companies, not a prediction for GERIBRAY. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

No credit on open account

Liquidity is insufficient, with a current ratio of 0.49 (0.4 in 2024), below 1. Short-term debt is 158.5% and cash 1.9% of total assets. Equity is negative.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
raises risk · Negative equity -€600,680
NBB · annual accounts
lowers risk · Sector: Residential care activities (NACE 87)
KBO
raises risk · Liquidity: current ratio 0.49, cash €19,312, halved
NBB · annual accounts
raises risk · Size: 61.2 FTE, total assets €1.0m
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 6% of 700 sector peers (2025).
NBB · sector comparison
Position among 700 sector peers
Solvency
better than 6%
← weakest strongest →
raises risk · 2025 accounts filed 13 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-08-2026, 13 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
13 days late
2024
24 days late
2023
30 days late
2022
13 days late
2021
1 day late
2020
23 days late
2019
31 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 19 days after the deadline. In the sector (NACE 87), the median for financial year 2024 was 27 days before the deadline, and 25% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 13 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

AS
ARGEF SA
Director, since 02-09-2021
AG
ARGENSON GESTION FINANCE
Director, Jean-Michel VOYER
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0477871488
1 director appointed, 2 resignations Resignations: GERISCO (managing director) and Jean-Michel VOYER (managing director) · Appointment: ARGENSON GESTION FINANCE (director) · Permanent representative: Jean-Michel VOYER · General meeting of 02-09-2021 · Gazette deed
Resignations: SRL VALIMMO INTERNATIONAL (director) and SRL HONNELINVEST (director) Director discharge: SRL VALIMMO INTERNATIONAL · Director discharge: SRL HONNELINVEST · General meeting of 22-06-2021 · Gazette deed
Appointment: Honnellnvest (director) Permanent representative: Frederick Roisse · General meeting of 15-04-2021 · Gazette deed
All 38 events

Comparable companies

same main activity, similar in size and age
Company
GERIBRAY Binche €1.0m €3.7m -59.0% 61.2
RESIDENCE LES PEUPLIERS Seneffe €1.0m €3.2m -76.6% 51.1
Hof ter Bloemen Heusden-Zolder €1.2m €4.3m 12.9% 57.2
LE RENOUVEAU DE SAINT-JOSEPH Leuze-en-Hainaut €1.3m €3.7m -254.5% 68.1
LE COIN DU BONHEUR Saint-Ghislain €1.1m €2.9m -79.8% 46.5
L'Age Tranquille Mouscron €1.7m €4.1m 18.1% 49
RESIDENCE DRION Les Bons Villers €1.1m €3.2m -41.0% 47

These companies have the same main activity as GERIBRAY: residential care activities (NACE 87301). They are comparable in size and age: total assets between €1m and €1.7m, founded between 1996 and 2006.

Official details

Source: KBO
Status
Active since 01-07-2002Normal situation
Activity
Residential care activitiesNACE 87301
Joint committee
330Health institutions and services · annual accounts 2025
Establishment unit
2.093.448.2587130 Binche, since 13-08-2002
Financial year end
31 December
Peppol
Reachable since 19-11-2025
Company details

Annual accounts 2025

€3.7m▲ 18.2%
≈ €4.5mestimated
€51,441
-€600,680▲ 7.9%
€1.0m▲ 18.4%
Employeeson 31-12-2025
79▼ 6.0%
Filing
Filed on 13-08-2026
Financials

Insights on GERIBRAY

Solvency rose in 2025 from -75.8% to -59.0% because of the retained profit.

ARGENSON GESTION FINANCE holds all the shares.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

full format, filed on 13-08-2026, 13 days late
€3.7m
▲ 18.2%
€55,897
▲ €551,159
€104,781
▲ €553,038
€100,325
▲ €558,467
-59.0%
▲ 16.8 percentage points
0.49
▲ 0.09

The turnover shown is an estimate from the gross margin.

Turnover ≈ €4.5m. Estimated: probably between €4.3m and €5.0m.

In the rankings #9 employer in Binche#9 oldest company in Binche, Health and social work sector

Money flows

no detail for 2025

Balance sheet

balance sheet total €1.0m on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

-59.0%

Higher than 6% of 700 companies in 2025.

0.49

Higher than 10% of 691 companies in 2025.

5.0%

Higher than 77% of 695 companies in 2025.

GERIBRAY Middle half of the sector 80% of the sector Full accounts in residential care (NACE 87)

Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter · Staff: top quarter

Staff

Men and women

Not in that year's accounts.

€58,223

Staff costs divided by the average number of full-time equivalents.

-5 people

people who joined people who left

In 2025, 29 people joined and 34 left. Training hours in 2025: 1,244.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 1.0m860,288857,408890,7591.1m1.0m971,012761,325787,623692,501823,169884,770820,4231.0m1.1m2.7m2.7m2.3m1.3m1.0m
21/28 225,474258,985263,065213,943203,271183,608211,589202,198238,189248,774224,608137,438207,145328,677427,8552.3m2.2m2.0m865,954758,985
21 7511,7522,7533,7534,754----1537641,37521971,785170,851294,567420,256192,500247,500302,500
22/27 103,382135,893138,97188,84977,17662,26790,24880,857118,189128,621103,844136,063206,926256,892257,0042.0m1.8m1.4m618,454456,485
22 ------------53,76858,12862,4871.5m1.5m1.2m443,446396,424
23 10,15214,78911,3178,62812,4379,07711,5523831,5823,02662,79986,356121,476150,715150,066152,407167,908139,577158,03434,631
24 89,785114,742117,85365,85844,09622,09228,92213,40527,14031,14841,04549,70731,68148,05044,45062,63369,39443,40416,97425,430
26 3,4456,3629,80214,36320,64231,09949,77467,06989,46794,447----------
27 ---------------316,64333,251---
28 121,341121,341121,341121,341121,341121,341121,341121,341120,000120,000120,000------363,000--
280/1 -----------------363,000--
280 -----------------363,000--
284/8 ----------120,000---------
285/8 ----------120,000---------
29/58 793,257601,303594,343676,816892,100858,166759,423559,127549,434443,728598,561747,332613,278690,327658,641426,303464,574303,707413,569256,455
3 7,2647,2647,2647,2647,2647,2647,2647,2647,2647,2647,2647,2647,2647,2647,2647,2647,2646,8846,8846,884
30/36 7,2647,2647,2647,2647,2647,2647,2647,2647,2647,2647,2647,2647,2647,2647,2647,2647,2646,8846,8846,884
30/31 ----------380380380380380380380---
34 ----------6,8846,8846,8846,8846,8846,8846,8846,8846,8846,884
40/41 765,446517,382528,740448,395397,681570,598641,971438,339391,089350,011347,868423,116304,325418,905439,278295,589259,579186,221149,198147,166
40 426,813376,465364,163318,223276,770557,750641,723436,271390,763340,902347,432422,702301,501298,524293,501269,988258,723176,164149,137146,533
41 338,634140,917164,578130,172120,91112,8482482,0683269,1094364142,823120,382145,77625,60085610,05861634
54/58 19,31271,98052,727212,001416,750214,543100,64451,67388,91265,284223,148292,792239,990123,206119,81354,314128,80483,006210,67369,324
490/1 1,2344,6775,6129,15670,40565,7619,54561,85162,16921,16920,28124,16161,700140,95192,28769,13768,92727,59646,81333,080
Balance sheet: equity and liabilities
10/49 1.0m860,288857,408890,7591.1m1.0m971,012761,325787,623692,501823,169884,770820,4231.0m1.1m2.7m2.7m2.3m1.3m1.0m
10/15 -600,680-652,121-146,974219,176413,237301,636111,473110,970110,81346,399111,284110,666101,048110,076171,105197,640215,239191,691204,007110,588
10/11 100,000100,000100,000100,000100,000100,000100,000100,000100,000100,000100,000100,000100,000100,000100,000100,000100,000100,000100,000100,000
10 100,000100,000100,000100,000100,000---------------
100 100,000100,000100,000100,000100,000100,000100,000100,000100,000100,000100,000100,000100,000100,000100,000100,000100,000100,000100,000100,000
13 10,00010,00010,000119,176123,07411,47311,47310,97010,81310,00011,28410,66610,07610,07671,10597,640115,23991,691104,00710,588
130/1 10,00010,00010,00010,00010,00010,000--------------
130 10,00010,00010,00010,00010,00010,00010,00010,00010,00010,00010,00010,00010,00010,00010,00010,00010,00010,00010,00010,000
133 ---109,176113,0741,4731,473970813-1,284666767661,10587,640105,23981,69194,007588
14 -710,680-762,121-256,974-190,164190,164----63,601---9,028-------
17/49 1.6m1.5m1.0m671,583682,134740,138859,539650,355676,810646,103711,884774,104719,375908,928915,3912.5m2.5m2.1m1.1m904,852
17 ---------22,43965,856109,732149,667189,594229,4851.2m1.4m1.6m682,845476,892
170/4 ---------22,43965,856109,732149,667189,594229,4851.2m1.4m1.6m682,845476,892
173 ----------65,856109,732149,667189,594229,4851.2m1.4m1.6m682,845476,892
42/48 1.6m1.5m1.0m638,756681,484694,218704,535647,134673,476623,663646,029663,333568,732718,404684,9671.3m1.0m491,727387,839423,791
42 --------33,47453,97451,63747,06246,80446,54046,055197,263193,268162,91294,04793,876
43 84,03584,380259,26583,46983,44490,433203,493-3819821,4561,8082,2302,6203,14615,10011,4219,864221-
430/8 84,03584,380259,26583,46983,44490,433203,493-3819821,4561,8082,2302,6203,14615,10011,4219,864221-
44 186,254159,134120,001145,351166,43062,34972,70083,41586,26280,16154,847126,69276,11683,26899,37791,00377,37787,575124,856112,698
440/4 186,254159,134120,001145,351166,43062,34972,70083,41586,26280,16154,847126,69276,11683,26899,37791,00377,37787,575124,856112,698
45 479,145598,199559,434409,870431,609541,436413,342381,719514,659460,546483,089459,770443,582415,976536,389435,452327,219231,376168,715157,217
450/3 23,84970,26666,04830,62953,61989,80452,35722,84793,12742,69971,12260,66274,99747,93664,52771,84544,06930,04826,63812,980
454/9 455,296527,933493,386379,241377,990451,632360,984358,871421,532417,847411,967399,108368,585368,040471,861363,608283,150201,328142,077144,237
47/48 865,216660,89065,00066--15,000182,00038,70028,00055,00028,000-170,000-550,000400,000--60,000
492/3 4,7609,80768332,82765045,920155,0043,2213,333--1,039976930939--4,2754,8314,169
Income statement
70/76A ----------4.3m4.3m4.2m4.0m3.8m3.4m3.2m2.1m2.0m1.9m
70 ----------4.3m4.2m4.2m3.9m3.6m3.3m3.1m2.1m2.0m1.9m
76A 180,00017,000---------5,5251,860---1,124534--
9900 3.7m3.1m3.0m2.8m2.7m3.0m2.9m2.8m2.8m2.7m----------
60/66A ----------4.2m4.2m4.2m4.0m3.8m3.3m3.0m2.1m1.8m1.8m
60 ----------537,712548,246542,287555,803563,533509,842490,471372,917351,959357,411
600/8 ----------537,712548,246542,287555,803563,533509,842490,471372,917351,959357,411
61 ----------1.2m1.2m1.2m874,459682,718476,978448,210367,182379,993356,129
62 3.6m3.6m3.4m2.9m2.5m2.7m2.8m2.7m2.6m2.5m2.5m2.4m2.4m2.4m2.3m2.0m1.8m1.2m978,607943,363
630 48,88447,00542,36628,64924,90832,68931,46130,99834,25051,00547,71551,835129,136166,859176,687254,283248,248118,020122,297114,184
631/4 -----778-5,759--6,536-----------
640/8 6,3332,9373,8702,2186,8303,11612,71619,6928,7558,1076,0179,5149,8289,34626,09123,98818,86212,14510,46411,230
66A -----------61,5753,517---459---
9901 55,897-495,262-361,659-192,643151,461259,55925,95490,576146,27696,98791,252121,70034,163-31,93926,069107,562167,72962,064173,465121,597
75/76B -------06253347572222,6401,5001,1101874141,3891,1511,873
75 -------06253347572222,6401,5001,1101874141,3891,1511,873
750 -----------------967--
751 ----------7572223031,4701,0981592872991,1511,873
752/9 ------------2,336301229127122--
65/66B 4,2299,6224,1991,2351,3741,9011,9431,8293,6555,4376,6748,29412,54126,62432,367100,088100,62976,30333,84432,881
65 4,2299,6224,1991,2351,3741,9011,9431,8293,6555,4376,6748,29412,54126,62432,367100,088100,62976,30333,84432,881
650 ----------5,9687,78311,75625,92831,13799,01599,64474,89532,33832,011
652/9 ----------7065117856961,2311,0739851,4081,505870
9903 51,668-504,884-365,858-193,879150,087257,65824,01188,747143,24591,88485,33557,57822,605-57,062-5,1887,66168,180-12,316140,77290,589
67/77 22726329218338,48667,4948,50826,59050,83131,77029,71619,96131,6333,96721,34725,26044,632-47,35230,023
670/3 ----------29,71619,96131,6333,96721,34725,26044,632-47,35230,023
9904 51,441-505,147-366,150-194,061111,601190,16415,50362,15792,41560,11455,61937,617-9,028-61,029-26,535-17,59923,548-12,31693,42060,566
9905 51,441-505,147-366,150-194,061111,601190,16415,50362,15792,41560,11455,61937,617-9,028-61,029-26,535-17,59923,548-12,31693,42060,566
Appropriation of the result
9906 -710,680-762,121-366,150-3,898301,764190,16415,50362,15728,81360,11455,61928,589-9,028-61,029-26,535-17,59923,548-12,31693,42060,566
14P -762,121-256,974-190,164190,164---------------
791/2 --109,1763,898-----1,284---61,02926,53517,599-12,316--
792 -------------61,02926,53517,599-12,316--
691/2 ----111,601-503157813-619589----23,548-93,420566
6921 ----111,601-503157813-619589----23,548-93,420566
694/7 ------15,00062,00028,000125,00055,00028,000-------60,000
694 ------15,00062,00028,000125,00055,00028,000-------60,000
Social balance sheet
9087 61.261.261.660.954.457.35960.355.858.354.351.552.656.55347.843.529.729.326.5
Men (FTE)1003 ----------5.35.35.86.8------
Women (FTE)1003 ----------4946.246.849.7------
Hours worked1013 76,95678,64080,3248,277,11075,06279,84083,81581,94381,12082,81581,28379,74078,01683,33082,98974,46868,82346,03641,54340,178
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 3 older financial years (2003-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 11 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 13-08-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 13 days after the deadline. Filed on 13 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00396460.

Financial year Type Filed Reference Document
31-12-2025 full format 13-08-2026 2026-00396460 PDF
31-12-2024 full format 24-08-2025 2025-00396262 PDF
31-12-2023 full format 30-08-2024 2024-00411242 PDF
31-12-2022 full format 13-08-2023 2023-00326576 PDF
31-12-2021 full format 01-08-2022 2022-20260918 PDF
31-12-2020 full format 23-08-2021 2021-51100022 PDF
31-12-2019 full format 31-08-2020 2020-46900009 PDF
31-12-2018 full format 08-08-2019 2019-44700269 PDF
31-12-2017 full format 27-06-2018 2018-23000135 PDF
31-12-2016 full format 18-07-2017 2017-32000022 PDF
31-12-2015 full format 16-06-2016 2016-17900092 PDF
31-12-2014 full format 27-05-2015 2015-12900592 PDF
31-12-2013 full format 06-06-2014 2014-15400325 PDF
31-12-2012 full format 19-06-2013 2013-18500402 PDF
31-12-2011 full format 22-06-2012 2012-19400295 PDF
31-12-2010 full format 14-06-2011 2011-18500172 PDF
31-12-2009 full format 14-06-2010 2010-18600017 PDF
31-12-2008 full format 28-05-2009 2009-16400387 PDF
31-12-2007 full format 29-05-2008 2008-16300312 PDF
31-12-2006 full format 29-06-2007 2007-30200278 PDF
31-12-2005 full format 12-06-2006 2006-22000887 PDF
31-12-2004 full format 30-05-2005 2005-17200187 PDF
31-12-2003 full format 18-06-2004 2004-25500200 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
104,781-448,257-319,293-163,995176,369292,24757,415121,574180,526147,992138,967173,536163,299134,921202,756361,845415,978180,084295,762235,780
100,325-458,142-323,784-165,412136,509222,85246,96493,155126,664111,119103,33489,453120,108105,830150,152236,685271,796105,704215,717174,750
15,37242,92691,48739,32144,5724,70840,8511,34123,66575,17114,88547,17810,13067,68283,223357,227853,2341.2m229,2658,971
-52,66819,253-159,273-204,749202,207113,90048,971-37,23923,628-157,864-69,64452,802116,7843,39365,499-74,49145,798-127,668141,349-
-821,394-901,299-409,35638,060210,616163,94854,889-88,007-124,042-179,936-47,46884,00044,546-28,077-26,325-862,517-544,711-188,02125,730-167,337
----------2.1%2.9%0.8%-0.8%0.7%3.2%5.3%3.0%8.7%6.4%
-59.0%-75.8%-17.1%24.6%37.7%29.0%11.5%14.6%14.1%6.7%13.5%12.5%12.3%10.8%15.7%7.2%8.1%8.5%15.9%10.9%
0.490.400.591.061.311.241.080.860.820.710.931.131.080.960.960.330.460.621.070.61
0.490.400.581.051.301.231.070.850.810.700.921.121.070.950.950.330.450.601.050.59
---3.061.652.457.715.866.1113.936.406.997.128.265.3512.8211.3910.815.278.18
----88.5%27.0%63.0%13.9%56.0%83.4%129.6%50.0%34.0%-8.9%-55.4%-15.5%-8.9%10.9%-6.4%45.8%54.8%
5.0%-58.7%-42.7%-21.8%10.2%18.3%1.6%8.2%11.7%8.7%6.8%4.3%-1.1%-6.0%-2.4%-0.6%0.9%-0.5%7.3%6.0%
24.77-46.59-76.04-132.76over 100-----23.2922.3013.895.206.513.654.172.409.157.37
----------30 days36 days26 days28 days30 days30 days30 days31 days27 days28 days
----------12 days27 days16 days21 days29 days34 days30 days43 days62 days58 days

EBIT margin: not included in this filing.

Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item31-12-202531-12-202431-12-202331-12-202231-12-2021
Employees at the balance-sheet date7984859187
full-time1418172019
part-time6566687168
in full-time equivalents54.16062.26462.2
58.661.261.660.954.4
On a permanent contract6774777370
Joined2929214251
Left3430273846
Training hours1,2442,32913,54925,24620,869

Source: social balance sheet in the 2021 to 2025 annual accounts

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€15,372€42,926€91,487€39,321€39,567
Intangible fixed assets----€5,005
€48,884€47,005€42,366€28,649€24,908

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on GERIBRAY

The operating result for 2025 is a profit of €55,897, after a loss of €495,262 in 2024. It is the highest result since 2021.

Equity is negative. Debt (€1.6m) exceeds the balance-sheet total (€1.0m).

Board & ownership

Board

2 directors, last change in 2021
ARGEF SA
Director
since 02-09-2021
listed in the 2025 annual accounts, filed on 13-08-2026
ARGENSON GESTION FINANCE NV
Director (not named in the articles), permanent representative Jean-Michel VOYER
appointed by deed of 11-10-2021 term without a fixed end
also on the board of 2 other companies
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Article 15 Représentation 1. Les actions judiciaires, tant en demandant qu'en défendant, de même que tous recours judiciaires ou…”
deed of 11-10-2021
Permanent representatives 1
Jean-Michel VOYER
Permanent representative, for ARGENSON GESTION FINANCE
appointed by deed of 11-10-2021

Office holders in the KBO →

Mandates through the years

8 names, the dashed line is today
ARGEF SA
Director
ARGENSON GESTION FINANCE
Director
GERISCO
Managing director
Jean-Michel VOYER
Managing director
HONNELINVEST
Director
VALIMMO INTERNATIONAL
Director
Honnellnvest
Director
sainte soizic
Managing director
BoardEarliermandate already running before its first mentionend not dated
Mandates as a list
  • ARGEF SA
    • Director, from 28-05-2020 to date
  • ARGENSON GESTION FINANCE
    • Director, since before 01-07-2020
    • Managing director, from before 01-07-2020, last mentioned in 2020
  • GERISCO
    • Director, until 02-04-2019
    • Managing director, until 02-04-2019
    • Director, from before 01-07-2020 to 11-10-2021
    • Director, from before 01-07-2020, last mentioned in 2020
    • Managing director, from before 01-07-2020 to 11-10-2021
    • Managing director, from before 01-07-2020, last mentioned in 2020
  • Jean-Michel VOYER
    • Director, appointed by deed of 02-04-2019, until 11-10-2021
    • Managing director, appointed by deed of 02-04-2019, until 11-10-2021
  • HONNELINVEST
    • Director, from before 01-07-2020 to 24-11-2020
    • Managing director, from before 01-07-2020, ended, last mentioned on 01-07-2020
    • Director, appointed by deed of 11-05-2021, until 15-07-2021
  • VALIMMO INTERNATIONAL
    • Director, from before 01-07-2020 to 15-07-2021
    • Managing director, from before 01-07-2020, last mentioned in 2020
  • Honnellnvest
    • Director, appointed by deed of 11-05-2021, no longer listed in the 2025 annual accounts
  • sainte soizic
    • Director, until 02-04-2019
    • Managing director, until 02-04-2019

See the board, name and registered office on a given date →

Control

Parent
ARGENSON GESTION FINANCE
Equity €21.5m
Profit €376,989 in 2025 (profit €140,564 in 2024)
Checked score 94
Source: own accounts 2025
100%
This company
GERIBRAY
Equity -€600,680
Profit €51,441 in 2025

Capital

Capital
€100,000
Shares
1,000
Contribution per share
€100
Equity per share
-€601 in 2025
Source
deed of 11-10-2021

Owners through the years

as the annual accounts name them
ARGENSON GESTION FINANCE
40%100%
100%
VALIMMO INTERNATIONAL
40%
40% until 2019
HONNELINVEST
10%
10% until 2019
SAINTE - CAROLE
10%9.9%
9.9% until 2018
SAINTE SOIZIC
0.1%
0.1% until 2018
Owners as a list

Source: shareholder structure in its own accounts, lists of holdings in the owners' accounts

Articles of association

deed of 11-10-2021 (in French)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
1 director
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Tuesday of May at 09:30
Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
“À défaut de nomination, liquidation par l’organe d’administration en fonction agissant le cas échéant en collège de liquidateurs, si…”
“Sauf si assemblée générale en décide autrement à la majorité des voix, toutes opérations prévues par la loi”

Network & group

Group

ARGENSON GESTION FINANCE has 5 direct subsidiaries in 2 countries (2025 accounts), the bar shows equity in euros
ParentARGENSON GESTION FINANCE5 holdings, 2 countries 2025 accounts

Belgium 4 Equity Result

Europe 1 Equity Result

  • FR VINS DE TRADITION FAMILIALE SCEV99.9% €71,642 result -€17,444

Source: list of holdings in the 2025 accounts of ARGENSON GESTION FINANCE. Holdings that file themselves stand with their latest accounts, the others with the amounts of that list, in their own currency.

Earlier ties

SENIOR SERVICES
via GERISCO, at GERIBRAY, last mentioned in 2020 · Sole director · deed of 02-01-2020
founded in 1988 · negative equity (2025)
 71 FTE (2025)
LE NADIR
via HONNELINVEST, at GERIBRAY until 2021 · Managing director · deed of 05-07-2022
founded in 2010 · negative equity (2024) · accounts filed late
 67 FTE (2024)
LA ROTONDE CHAPELLOISE
via GERISCO, at GERIBRAY, last mentioned in 2020 · Sole director · deed of 06-01-2020
founded in 1993 · negative equity (2025)
 64 FTE (2025)
Service paramédical d'Aide aux Malades
via GERISCO, at GERIBRAY, last mentioned in 2020 · Director (not named in the articles) · deed of 04-03-2024
founded in 1983 · negative equity (2025)
 63 FTE (2025)
SCOPIN
via GERISCO, at GERIBRAY, last mentioned in 2020 · Sole director · deed of 24-12-2019
founded in 1986 · negative equity (2025)
 56 FTE (2025)
RESIDENCE VIVALDI
via GERISCO, at GERIBRAY, last mentioned in 2020 · Sole director · deed of 15-01-2020
founded in 1995 · negative equity (2025)
 55 FTE (2025)
Show 10 more earlier ties
RESIDENCE DRION
via GERISCO, at GERIBRAY, last mentioned in 2020 · Sole director · deed of 03-01-2020
founded in 1996 · negative equity (2025) · group VALAURBEN
 47 FTE (2025)
GERONIMONS
via VALIMMO INTERNATIONAL (at GERIBRAY, last mentioned in 2020) and HONNELINVEST (at GERIBRAY until 2021) · deed of 01-03-2023
founded in 2009
 total assets €3.6m (2025)
GERONIQUEVY
via VALIMMO INTERNATIONAL (at GERIBRAY, last mentioned in 2020) and HONNELINVEST (at GERIBRAY until 2021) · Director · deed of 24-02-2020
founded in 2011
 total assets €3.4m (2025)
COMPAGNIE IMMOBILIERE PRIME INVESTMENTS
via VALIMMO INTERNATIONAL, at GERIBRAY, last mentioned in 2020 · Director · deed of 03-02-2026
founded in 1991
 total assets €2.5m (2025)
BASTIN . BOUILLON . HUPEZ
via VALIMMO INTERNATIONAL, at GERIBRAY, last mentioned in 2020 · Director (not named in the articles) · deed of 05-12-2022
founded in 1997
 total assets €2.1m (2025)
GERIMONS
via VALIMMO INTERNATIONAL, at GERIBRAY, last mentioned in 2020 · Managing director · deed of 29-06-2020
founded in 1992 · group MIQUETOT
 total assets €2.1m (2025)
IMMOBILIERE DES COMPAGNONS DU BATIMENT
via VALIMMO INTERNATIONAL, at GERIBRAY, last mentioned in 2020 · Director · deed of 03-11-2021
founded in 1997
 total assets €612,434 (2025)
LES CIGARES DU PHARE A MONS
via VALIMMO INTERNATIONAL, at GERIBRAY, last mentioned in 2020 · Director · deed of 15-07-2021
founded in 2002
 1.6 FTE (2025)
IMMOBILIERE DES COMPAGNONS
via VALIMMO INTERNATIONAL, at GERIBRAY, last mentioned in 2020 · Director · deed of 09-11-2021
founded in 1993
 total assets €78,702 (2025)
HOCLEA
via HONNELINVEST, at GERIBRAY until 2021 · Director (not named in the articles) · deed of 19-02-2021
founded in 2021
 total assets €6,937 (2025)

Connections & network

5 connected companies
Depth
RESIDENCE DU BON PASTEUR, Shared corporate director RDRESIDENCE DUBON PASTEURRESIDENCE FRERE HUGO, Shared corporate director RFRESIDENCEFRERE HUGOSENIORIE BELLEVUE, Shared corporate director SBSENIORIEBELLEVUESeniorie du Val, Shared corporate director SDSeniorie duValSOCIETE DE GESTION D'ETABLISSEMENTS DE REPOS, Shared corporate director SDSOCIETE DEGESTION…BASTIN . BOUILLON . HUPEZ, Shared corporate director BBBASTIN .BOUILLON . HUPEZCOMPAGNIE IMMOBILIERE PRIME INVESTMENTS, Shared corporate director CICOMPAGNIEIMMOBILIERE…GERIMONS, Shared corporate director GGERIMONSGERONIMONS, Shared corporate director GGERONIMONSGERONIQUEVY, Shared corporate director GGERONIQUEVYHOCLEA, Shared corporate director HHOCLEAIMMOBILIERE DES COMPAGNONS, Shared corporate director IDIMMOBILIEREDES COMPAGNONSIMMOBILIERE DES COMPAGNONS DU BATIMENT, Shared corporate director IDIMMOBILIEREDES…LA ROTONDE CHAPELLOISE, Shared corporate director LRLA ROTONDECHAPELLOISEGERIBRAY GERIBRAY0477.871.488
Shared directors
This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
SENIORIE BELLEVUE
via ARGENSON GESTION FINANCE, GERISCO (at GERIBRAY, last mentioned in 2020) and VALIMMO INTERNATIONAL (at GERIBRAY, last mentioned in 2020) · deed of 29-06-2020
Founded in 1992 · 73 FTE (2025) · negative equity
→
RESIDENCE DU BON PASTEUR
via ARGENSON GESTION FINANCE · Sole director · deed of 24-12-2019
Founded in 1994 · 56 FTE (2025) · negative equity
→
RESIDENCE FRERE HUGO
via ARGENSON GESTION FINANCE and GERISCO (at GERIBRAY, last mentioned in 2020) · deeds of 22-01-2020 and 14-12-2018
Founded in 1987 · 52 FTE (2025) · negative equity
→
Seniorie du Val
via ARGENSON GESTION FINANCE · Director (not named in the articles) · deed of 02-01-2020
Founded in 1988 · 51 FTE (2025) · negative equity
→
Show 1 more company with a shared director
SOCIETE DE GESTION D'ETABLISSEMENTS DE REPOS
via ARGENSON GESTION FINANCE, GERISCO (at GERIBRAY, last mentioned in 2020) and 2 others · deed of 29-06-2020
Founded in 1988 · 80 FTE (2025)
→

Timeline

Timeline

38 events since 2002

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBfull format · 13 days late
2025
Back to profit net €51,441 The net result is €51,441, after 3 loss-making years.
Registered in the Peppol Directory Reachable for e-invoices through 0208:0477871488
Annual accounts 2024 filed PDFfull format · 24 days late
2024
Weakest financial year net -€505,147 The net result drops to -€505,147, the lowest from 2006 to 2025. It recovers the following year.
Annual accounts 2023 filed PDFfull format · 30 days late
2023
Annual accounts 2022 filed PDFfull format · 13 days late
2022
Annual accounts 2021 filed PDFfull format · 1 day late
2021
1 director appointed, 2 resignationsResignations: GERISCO (managing director) and Jean-Michel VOYER (managing director) · Appointment: ARGENSON GESTION FINANCE (director) · Permanent representative: Jean-Michel VOYER · General meeting of 02-09-20217 points ▸
  • General meeting, 02-09-2021
  • Capital, €100,000, 1,000 shares
  • Director resignation, GERISCO (managing director)
  • Director resignation, Jean-Michel VOYER (managing director)
  • Director appointment, ARGENSON GESTION FINANCE (director (not named in the articles))
  • Permanent representative, Jean-Michel VOYER, mentioned twice in the deed
  • Registered office clause, rue de la Chapelette 60, 7130 Bray
  • The deed holds 2 more points.

Open the deed in the Belgian Official Gazette

Annual accounts 2020 filed PDFfull format · 23 days late
Resignations: SRL VALIMMO INTERNATIONAL (director) and SRL HONNELINVEST (director)Director discharge: SRL VALIMMO INTERNATIONAL · Director discharge: SRL HONNELINVEST · General meeting of 22-06-20215 points ▸

Open the deed in the Belgian Official Gazette

Appointment: Honnellnvest (director)Permanent representative: Frederick Roisse · General meeting of 15-04-20213 points ▸
  • General meeting, 15-04-2021
  • Director appointment, Honnellnvest
  • Permanent representative, Frederick Roisse
  • The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

2020
Highest result from 2006 to 2025 net €190,164 ▲1,127% The operating result of €259,559 and the net result of €190,164 are both a record.
Resignation: Honnelinvest (director)General meeting of 23-09-20202 points ▸
  • General meeting, 23-09-2020
  • Director resignation, Honnelinvest

Open the deed in the Belgian Official Gazette

Annual accounts 2019 filed PDFfull format · 31 days late
4 directors reappointedArgef, Gerisco, Valimmo International and Honnelinvest · Permanent representatives: JM Voyer, MC Griveau, D Bastin and frederick Roisse · General meeting of 28-05-202014 points ▸
  • General meeting, 28-05-2020
  • Director reappointment, Argef
  • Director reappointment, Gerisco
  • Director reappointment, Valimmo International
  • Director reappointment, Honnelinvest
  • Permanent representative, JM Voyer
  • Permanent representative, MC Griveau
  • Permanent representative, D Bastin
  • Permanent representative, frederick Roisse
  • Board meeting, 28-05-2020
  • Director reappointment, Argef (managing director)
  • Director reappointment, Gerisco (managing director)
  • Director reappointment, Valimmo International (managing director)
  • Director reappointment, Honnelinvest (managing director)
  • The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

2019
Annual accounts 2018 filed PDFfull format · 8 days late
1 director appointed, 2 resignationsResignations: SAINTE SOIZIC (managing director) and GERISCO (managing director) · Appointment: Jean-Michel Voyer (managing director) · General meeting of 28-02-20198 points ▸
  • General meeting, 28-02-2019
  • Director resignation, SAINTE SOIZIC
  • Director resignation, GERISCO
  • Director appointment, Jean-Michel Voyer
  • Board meeting, 28-02-2019
  • Director resignation, SAINTE SOIZIC (managing director)
  • Director resignation, GERISCO (managing director)
  • Director appointment, Jean-Michel Voyer (managing director)

Open the deed in the Belgian Official Gazette

2018
Annual accounts 2017 filed PDFfull format · 34 days before the deadline
2017
Annual accounts 2016 filed PDFfull format · 13 days before the deadline
2016
Annual accounts 2015 filed PDFfull format · 45 days before the deadline
2015
Annual accounts 2014 filed PDFfull format · 65 days before the deadline
2014
Back to profit net €37,617 The net result is €37,617, after 4 loss-making years.
Annual accounts 2013 filed PDFfull format · 55 days before the deadline
2013
Annual accounts 2012 filed PDFfull format · 42 days before the deadline
2012
Annual accounts 2011 filed PDFfull format · 39 days before the deadline
2011
Annual accounts 2010 filed PDFfull format · 47 days before the deadline
2010
Annual accounts 2009 filed PDFfull format · 47 days before the deadline
2009
Back to profit net €23,548 The net result is €23,548, after one loss-making year.
Annual accounts 2008 filed PDFfull format · 64 days before the deadline
2008
Annual accounts 2007 filed PDFfull format · 63 days before the deadline
2007
Equity above €200,000 equity €204,007 ▲84.5% With a profit in every financial year since 2006, equity grows to €204,007.
Annual accounts 2006 filed PDFfull format · 32 days before the deadline
2006
Annual accounts 2005 filed PDFfull format
2005
Annual accounts 2004 filed PDFfull format
2004
Annual accounts 2003 filed PDFfull format
2002
First establishment LE FOYER DE L'ESPERANCE, Rue de la Chapelette 60, Binche
Incorporation published on 12-07-2002

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 1 July 2002, GERIBRAY was incorporated.1 Total assets went from €761,325 in 2018 to €1.0m in 2025 and headcount from 60.3 to 61.2 full-time equivalents.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Company details

Identity

Enterprise number
0477.871.488
VAT number
BE 0477.871.488
Peppol ID
0208:0477871488
Legal form
Public limited company
Status
Active, normal situation
Founded
01-07-2002
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Tuesday of May at 09:30
deed of 11-10-2021 (in French)
Peppol
Reachable since 19-11-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
GERIBRAY in French
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 11-10-2021 (in French)

Activities

NACEBEL 2025
VAT activities
87301 Residential care activities main activity
Social security (RSZ) activities
87301 Residential care activities main activity
Joint committees annual accounts 2025
JC 330 Health institutions and services
Codes under NACEBEL 2008
VAT activities
87301 Residential care activities main activity
Social security (RSZ) activities
87301 Residential care activities main activity
Codes under NACEBEL 2003
85315 main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“La création,la gestion,la construction,l’organisation,l’acquisition,la transformation et l’entretien d’établissements et de maisons de repos…”
5 activities
  1. La création,la gestion,la construction,l’organisation,l’acquisition,la transformation et l’entretien d’établissements et de maisons de repos et de retraite,de convalescence de toutes natures,ainsi que la collaboration dans le sens large avec de tels établissements.
  2. L’établissement d’hôtels,pensions de famille,résidences en tous lieux,de toutes manières et selon les modalités qui lui paraitront les mieux appropriées.
  3. Prendre des participations financières,accomplir toutes opérations généralement quelconques,commerciales,industrielles ou financières,mobilières ou immobilières,se rapportant directement ou indirectement à son objet social ou qui seraient de nature à en faciliter directement ou indirectement,entièrement ou partiellement la réalisation.
  4. S’intéresser par voies d’apport,de fusion,de souscription ou de toutes autres manières dans toutes affaires,entreprises,associations ou sociétés ayant un objet identique,analogue ou connexe au sien,ou qui sont de nature à favoriser le développement de son entreprise,à lui procurer des matières premières ou à faciliter l’écoulement de ses produits.
  5. Vendre,acquérir ou exporter tous brevets,licences,procédés,savoir-faire,marques de fabrique,dessins ou modèles se rapportant directement ou indirectement à son objet.
deed of 11-10-2021 (in French)

Registered office and establishments

1 establishment
Establishment Since Unit numberFASFC approval
LE FOYER DE L'ESPERANCE registered office Rue de la Chapelette 60, 7130 Binche 13-08-2002 2.093.448.258 Retirement home (preparation and distribution of meals)

Buildings and parcels at the address

Ground area
2,557 m²
Buildings
238 m²
Volume, LiDAR
2,625 m³
Tallest building
13.2 m
Buildings to scale, each on its own parcel
238 m², 13.2 m 238 m², 13.2 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
55005B0208/00Y0002,557 m² 1 · 238 m² 13.2 m · 4

Recognitions

Food safety, FASFC

1 site
Bincheunit number 2.093.448.258
1 permission
Authorisation · Retirement home (preparation and distribution of meals) · since 01-01-2006

Source: FAVV-AFSCA, open data, updated on 02-11-2026

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