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GERLAURE

Active
Private limited company (pre-2019)founded 201313 yrs activePlace de la République-Française 25, 4000 Liège, BelgiumKBO/BCE: BE 0536.993.087
Summary

GERLAURE has been active since 2013 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags). The 2024 annual accounts show equity of €30,421 and a net result of €1,828. Equity is growing by ~12.3% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.3% (low).

Checked score

Score 2024
59 / 100
Fair
A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability52▲+28
Solvency100=
Growth78▲+26
Track record92
Bankruptcy probability, 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days only on tighter terms
short-term debt: 0.2% of total assets, and 0.2% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 13 years 0 20 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 2024
Solvency, return and age of the figures
Solvency
99.8%
Return on assets
6%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 05-12-2025, 127 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
127 d late
2023
77 d late
2022
72 d late
2021
404 d late
2020
769 d late
2019
1133 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 430 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Strikeout withdrawn

History

On 29 July 2013, GERLAURE was incorporated.1 Total assets went from EUR 33,378 in 2018 to EUR 30,472 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€30,421▲ 6.4%
2023 · €28,593
Total assets
€30,472▼ 3.4%
2023 · €31,558
Net result
€1,828
2023 · -€1,674
Working capital
€30,421▲ 6.4%
2023 · €28,593
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
Line20202021202220232024
Operating result€0€0-€1,272-€3,252▼ 156%€0
Net result€2,525▲ 30.5%€1,701▼ 32.6%€8,385▲ 393%-€1,674€1,828
Equity€20,181▲ 14.3%€21,882▲ 8.4%€30,267▲ 38.3%€28,593▼ 5.5%€30,421▲ 6.4%
Total assets€40,012▲ 10.2%€41,345▲ 3.3%€38,068▼ 7.9%€31,558▼ 17.1%€30,472▼ 3.4%
Debt€19,832▲ 6.3%€19,463▼ 1.9%€7,801▼ 59.9%€2,965▼ 62.0%€51▼ 98.3%
Working capital€20,181▲ 14.3%€21,882▲ 8.4%€30,267▲ 38.3%€28,593▼ 5.5%€30,421▲ 6.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€5,000€0€5,000€10,000Operating result 2020: €0€0Net result 2020: €2,525€2,525Operating result 2021: €0€0Net result 2021: €1,701€1,701Operating result 2022: -€1,272-€1,272Net result 2022: €8,385€8,385Operating result 2023: -€3,252-€3,252Net result 2023: -€1,674-€1,674Operating result 2024: €0€0Net result 2024: €1,828€1,82820202021202220232024-€5,000€0€5,000€10,000Operating result 2022: -€1,272-€1,270Net result 2022: €8,385€8,380Operating result 2023: -€3,252-€3,250Net result 2023: -€1,674-€1,670Operating result 2024: €0€0Net result 2024: €1,828€1,830202220232024
The operating result is zero in 2024, compared with -€3,252 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €30,472
Equity €30,421 ▲ 6.4%
Debt €51 ▼ 98.3%
Debt's share of the balance-sheet total falls from 9.4% to 0.2%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
Debt to equity
0.00▼
2023 · 0.10
ROE
6.0%▲
2023 · -5.9%
ROA
6.0%▲
2023 · -5.3%
Debt ≤ 1 year
€51▼
2023 · €2,965
Income taxes
€51▼
2023 · €63
A ratio outside any meaningful range has been withheld (balance sheet total €30,472, equity €30,421).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 34,696 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
3.9% stopped otherwise
95% still going

For this company itself Checked computes a higher bankruptcy probability: 1.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

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 34,696 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
Filed annual accounts As filed with the NBB · 2024 against 2023 · 29 lines
Balance sheet Code20232024
Assets
Total assets20/58€31,558€30,472▼
Current assets29/58€31,558€30,472▼
Amounts receivable within one year40/41€31,558€30,472▼
Other amounts receivable41€31,558€30,472▼
Equity and liabilities
Total equity and liabilities10/49€31,558€30,472▼
Equity10/15€28,593€30,421▲
Contributions10/11€6,200€6,200=
Reserves13€24,067€24,067=
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Distributable reserves133€22,207€22,207=
Profit (loss) carried forward14-€1,674€154▲
Amounts payable17/49€2,965€51▼
Amounts payable within one year42/48€2,965€51▼
Taxes, remuneration and social security45€2,965€51▼
Taxes450/3€2,965€51▼
Income statement Code20232024
Goods, raw materials, services and sundry goods60/61€3,252-
Gross operating margin9900-€3,252€0▲
Operating profit (loss)9901-€3,252€0▲
Financial income75/76B€1,840€1,880▲
Recurring financial income75€1,840€1,880▲
Financial charges65/66B€199-
Recurring financial charges65€199-
Profit (loss) for the period before taxes9903-€1,611€1,880▲
Income taxes67/77€63€51▼
Profit (loss) for the period9904-€1,674€1,828▲
Profit (loss) for the period to be appropriated9905-€1,674€1,828▲
Appropriation of the result
Profit (loss) to be appropriated9906-€1,674€154▲
Profit (loss) brought forward from the previous period14P--€1,674

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Goods, raw materials, services and sundry goods60/61--€1,272€3,252--
Gross operating margin9900€0€0-€1,272-€3,252€0▲ 100%
Operating profit (loss)9901€0€0-€1,272-€3,252€0▲ 100%
Financial income75/76B€3,704€2,553€17,384€1,840€1,880▲ 2.1%
Recurring financial income75€3,704€2,553€2,470€1,840€1,880▲ 2.1%
Non-recurring financial income76B--€14,914---
Financial charges65/66B-€59€37€199--
Recurring financial charges65-€59€37€199--
Profit (loss) for the period before taxes9903€3,704€2,495€16,075-€1,611€1,880▲ 217%
Income taxes67/77€1,178€794€7,690€63€51▼ 17.7%
Profit (loss) for the period9904€2,525€1,701€8,385-€1,674€1,828▲ 209%
Profit (loss) for the period to be appropriated9905€2,525€1,701€8,385-€1,674€1,828▲ 209%
Line20202021202220232024Change
Assets
Total assets20/58€40,012€41,345€38,068€31,558€30,472▼ 3.4%
Current assets29/58€40,012€41,345€38,068€31,558€30,472▼ 3.4%
Amounts receivable within one year40/41€40,012€41,345€38,068€31,558€30,472▼ 3.4%
Other amounts receivable41€40,012€41,345€38,068€31,558€30,472▼ 3.4%
Equity and liabilities
Total equity and liabilities10/49€40,012€41,345€38,068€31,558€30,472▼ 3.4%
Equity10/15€20,181€21,882€30,267€28,593€30,421▲ 6.4%
Contributions10/11€6,200€6,200€6,200€6,200€6,200=
Reserves13€13,981€15,682€24,067€24,067€24,067=
Non-distributable reserves130/1€1,860€1,860€1,860€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860€1,860€1,860€1,860=
Distributable reserves133€12,121€13,822€22,207€22,207€22,207=
Profit (loss) carried forward14----€1,674€154▲ 109%
Amounts payable17/49€19,832€19,463€7,801€2,965€51▼ 98.3%
Amounts payable within one year42/48€19,832€19,463€7,801€2,965€51▼ 98.3%
Trade debts44€10,046€9,879€0---
Suppliers440/4€10,046€9,879€0---
Taxes, remuneration and social security45€9,786€9,584€7,801€2,965€51▼ 98.3%
Taxes450/3€2,174€1,972€7,801€2,965€51▼ 98.3%
Remuneration and social security454/9€7,611€7,611€0---
Line20202021202220232024Change
Profit (loss) for the period9904€2,525€1,701€8,385-€1,674€1,828▲ 209%
Operating cash flow (approximation)€2,525€1,701€8,385-€1,674€1,828▲ 209%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
05-12
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 127 days late
2024
31-12
Financial Back to profitnet €1,828
Net result €1,828 after one loss-making year.
31-12
Financial Liquidity times 56current ratio 592.27
Current ratio from 10.64 to 592.27; short-term debt falls from €2,965 to €51.
16-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 77 days late
2023
31-12
Financial Weakest financial yearnet -€1,674
Net result drops to -€1,674, the lowest in the series; recovery starts the following year.
31-12
Financial Liquidity doublescurrent ratio 10.64
Current ratio from 4.88 to 10.64; short-term debt falls from €7,801 to €2,965.
27-10
KBO administration Strikeout withdrawn
event 11-10-2023
11-10
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 72 days late
08-09
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 404 days late
08-09
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 769 days late
07-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 1133 days late
07-09
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 1499 days late
Show earlier events
2022
31-12
Financial Highest result since 2018net €8,385 ▲393%
Net result €8,385, the highest in the series.
31-12
Financial Liquidity doublescurrent ratio 4.88
Current ratio from 2.12 to 4.88; short-term debt falls from €19,463 to €7,801.
2019
31-12
Financial Back to profitnet €1,935
Net result €1,935 after one loss-making year.
2018
05-12
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 127 days late
05-11
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 462 days late
2017
30-11
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 487 days late
SignalFinancial 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, Liège
exact location from the address register On OpenStreetMap
Ground area
42 m²
Building footprint
38 m²
Volume, LiDAR
579 m³
Parcel 62063A0825/00A000, Wallonia · tallest building 17.3 m, ±6 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
62063A0825/00A000 Wallonia 42 m² 1 · 38 m² 17.3 m · 6 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.

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded29-07-2013
Fiscal year end31-12
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.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.