GERO CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of GERO CONSTRUCT is 2.7% (moderate). The 2024 annual accounts show equity of €38k and a net result of €2k. Its solvency ranks better than 27% of 9982 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
38
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability40▼-60
Solvency45▼-49
Growth68
Track record94
Bankruptcy probability, 12 months
2.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days only on tighter terms
Liquidity tight (current ratio 1.25 against 3.28 in 2023; short-term debt: 79.8% and cash: 1% of total assets), and 79.8% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 41
Relative position
BE, all sectors
reference
Sector 41
higher
← 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 2024Solvency, return and age of the figures
Solvency
20.2%
Return on assets
1%
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 10-02-2026, 194 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 · 2 filingsDeviation from the deadline
2025
not confirmed
2024
194 d late
2023
524 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€322k▲ 159%
2023 · €125k
2023: €125k
2023 → 2024
EBIT margin
1.9%▼ 32.1pp
2023 · 33.9%
2023: 33.9%
2023 → 2024
Net result
€2k▼ 94.5%
2023 · €34k
2023: €34k
2023 → 2024
Working capital
€38k▲ 5.1%
2023 · €36k
2023: €36k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Turnover€125k-€322k▲ 159%
Equity€36k-€38k▲ 5.1%
Operating result€42k-€6k▼ 85.8%
Net result€34k-€2k▼ 94.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 86% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €186k
Equity
€38k ▲ 5.1%
Debt
€148k ▲ 844%
Debt's share of the balance-sheet total rises from 30.5% to 79.8%. Equity and debt are higher.
Key figures and ratios
Current ratio
1.25▼
2023 · 3.28
Debt to equity
3.95▲
2023 · 0.44
ROE
4.9%▼
2023 · 94.4%
ROA
1.0%▼
2023 · 65.6%
Debt ≤ 1 year
€148k▲
2023 · €16k
Income taxes
€3k▼
2023 · €8k
Staff costs
€185▲
2023 · €164
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 32 lines
Balance sheet
Code20232024
Assets
Total assets20/58€51k€186k▲
Current assets29/58€51k€186k▲
Amounts receivable within one year40/41€50k€184k▲
Trade receivables40€32k€150k▲
Other amounts receivable41€18k€34k▲
Cash at bank and in hand54/58€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€51k€186k▲
Equity10/15€36k€38k▲
Contributions10/11€2k€2k=
Profit (loss) carried forward14€34k€36k▲
Amounts payable17/49€16k€148k▲
Amounts payable within one year42/48€16k€148k▲
Trade debts44€7k€16k▲
Suppliers440/4€7k€16k▲
Taxes, remuneration and social security45€8k€11k▲
Taxes450/3€8k€11k▲
Other amounts payable47/48-€122k
Income statement
Code20232024
Turnover70€125k€322k▲
Non-recurring operating income76A€469€3k▲
Goods, raw materials, services and sundry goods60/61€83k€312k▲
Remuneration, social security and pensions62€164€185▲
Other operating charges640/8-€8k
Gross operating margin9900€42k€14k▼
Operating profit (loss)9901€42k€6k▼
Financial charges65/66B€72€1k▲
Recurring financial charges65€72€1k▲
Profit (loss) for the period before taxes9903€42k€5k▼
Income taxes67/77€8k€3k▼
Profit (loss) for the period9904€34k€2k▼
Profit (loss) for the period to be appropriated9905€34k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€34k€36k▲
Profit (loss) brought forward from the previous period14P-€34k
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
10-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 194 days late
06-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 524 days late
NBB filing
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, Sint-Pieters-Leeuw · 1 establishment unit since 2023
Ground area
1,781 m²
Building footprint
501 m²
Volume, LiDAR
4,322 m³
2 parcels, Brussels, Flanders · tallest building 15.8 m, ±4 floors. Linked by address, not a title deed.
504
companies at this address
See who is registered here
1 establishment unit
GERO CONSTRUCT
since 20232.343.553.256
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23077A0118/00W082 | Flanders | 1,638 m² | 1 · 398 m² | 9.5 m · 3 fl. |
| 21809K1216/00W000 | Brussels | 143 m² | 1 · 103 m² | 15.8 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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Casa SVA
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Zaventem · Eq €37,600
F. R CONSTRUCTION
BE 0834.935.319
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Vennootschap van de Hoeve van de Golf - Société de la Ferme du Golf
BE 0438.931.928
Hoeilaart · Eq €37,582
Of 29,779 companies in sector 41001 we hold annual accounts for 16,044. 12,783 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-04-2023
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
41003General construction of other non-residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.