Turnover
€322,262 ▲ 159%
Turnover rose in 2024 from €124,641 to €322,262.
GERO CONSTRUCT
Overview
Lifetime
2 annual accounts with figures on one time axispeak €322,262 (2024)
€322,262▲ 159%
peak €33,768 (2023)
€1,841▼ 94.5%
peak €37,609 (2024)
€37,609▲ 5.1%
€148,467▲ 844%
Board1 name since 2023
1 directorBOGASIU Gheorghe
Documentsfilings and deeds
10-02-2026194 days late
2024micro format
Turnover from €124,641 to €322,262Gross margin from €42,446 to €13,739Result from €33,768 to €1,841Debts from €15,722 to €148,467Cash from €1,197 to €1,890
Key points
from the 2024 annual accountsDebts
€148,467 ▲ 844%
Debts rose by €132,745 in 2024.
Payment terms
18 days to suppliers
GERO CONSTRUCT pays its suppliers 14 days earlier than in 2023. Customers pay 77 days later.
Liquidity
1.25 was 3.28 in 2023
Short-term debts rose from €15,722 to €148,467.
Starting capital
€2,000 100 shares
At the same address
617 companies
2025 accounts not filed, 101 days past the deadline
Checked score
31
Weak
Financially stronger than 32% of micro companies in construction of buildings (NACE 41)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
10.9% High
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.5% across 13,458 companies (NACE 41, micro).
About 1 in 9 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 5.0%
01-2025: 4.8%▼ -0.2 percentage points vs 12-2024lowest value
02-2025: 4.8%● unchanged vs 01-2025
03-2025: 5.3%▲ +0.5 percentage points vs 02-2025
04-2025: 5.3%● unchanged vs 03-2025
05-2025: 5.3%● unchanged vs 04-2025
06-2025: 5.3%● unchanged vs 05-2025
07-2025: 5.3%● unchanged vs 06-2025
08-2025: 5.3%● unchanged vs 07-2025
09-2025: 5.3%● unchanged vs 08-2025
10-2025: 5.3%● unchanged vs 09-2025
11-2025: 8.5%▲ +3.2 percentage points vs 10-2025
12-2025: 8.4%▼ -0.1 percentage points vs 11-2025
01-2026: 8.4%● unchanged vs 12-2025
02-2026: 10.9%▲ +2.5 percentage points vs 01-2026
03-2026: 11.4%▲ +0.5 percentage points vs 02-2026highest value
04-2026: 11.4%● unchanged vs 03-2026highest value
05-2026: 10.9%▼ -0.5 percentage points vs 04-2026
06-2026: 10.6%▼ -0.3 percentage points vs 05-2026
07-2026: 10.5%▼ -0.1 percentage points vs 06-2026
08-2026: 10.9%▲ +0.4 percentage points vs 07-2026
09-2026: 11.0%▲ +0.1 percentage points vs 08-2026
10-2026: 10.9%▼ -0.1 percentage points vs 09-2026
11-2026: 10.9%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
1 financial year not filed after the legal deadline; last filed accounts filed 194 days late; 2 of the last 3 accounts late
Size: turnover €322,262, total assets €186,076
Founded in 2023
Liquidity: current ratio 1.25, cash €1,890
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 41, micro). It does better than 27% of them on solvency, 8% on liquidity, 24% on profitability and 70% 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 31-12-2024.
Of the companies with a bankruptcy probability in the high class on 30-06-2025, 14.6% 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, 2,542 companies had the same profile as GERO CONSTRUCT has now. Each dot stands for 7 companies, two years later.
95.0%
were still trading
1.2%
stopped another way
3.5%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of GERO CONSTRUCT itself is higher: 10.9% within 12 months. It rests on far more data about GERO CONSTRUCT than the profile alone.
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.
| 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 2,542 companies, not a prediction for GERO CONSTRUCT. 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
Credit of up to €1,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity is tight, with a current ratio of 1.25 (3.28 in 2023), below the usual 1.5. Short-term debt is 79.8% and cash 1% of total assets. 79.8% of the assets are financed with debt and provisions.
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.
raises risk
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 101 days later.
NBB · 2 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline09-11-2026 today
raises risk · 2024 accounts filed 194 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: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 2 filingsDeviation from the deadline
2025
not filed
2024
194 days late
2023
524 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 359 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
Searched, nothing found (1)
Recent changes
Incorporation
Founding capital of €2,000, 100 shares · Founder: BOGASIU Gheorghe (comparant) · Appointment: BOGASIU Gheorghe (director) · published on 06-04-2023 · Gazette deed
First establishment
Kapucijnenstraat 40, Brussels
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| GERO CONSTRUCT Sint-Pieters-Leeuw | €322,262 | 1.9% | 20.2% | - |
| KEM CONSTRUCT Grimbergen | - | - | 32.7% | - |
| BESA 1CONSTRUCT Steenokkerzeel | €230,158 | 3.9% | 60.7% | - |
| Zaha Construct Mortsel | €179,482 | 5.4% | 3.4% | - |
| Veys Dynamics Deerlijk | - | - | -23.1% | - |
| I&M Construct Sint-Pieters-Leeuw | - | - | 17.0% | - |
| BATIBOB Sint-Pieters-Leeuw | - | - | 28.1% | - |
Grey: the largest companies of the sector (construction of buildings (NACE 41)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as GERO CONSTRUCT: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €121,000 and €210,000, founded between 2022 and 2023.
Official details
Source: KBO- Status
- Active since 04-04-2023Normal situation
- Registered office
- 619 active companies are registered at this address122 started in the 12 months before. Source: KBO register, as of 9 November 2026.
- Activity
- General construction of residential buildingsNACE 41001and 2 others
- Establishment unit
- 2.343.553.2561000 Brussels, since 04-04-2023
- Financial year end
- 31 December
- Peppol
- Reachable
Annual accounts 2024
- €322,262▲ 159%
- €1,841▼ 94.5%
- €37,609▲ 5.1%
- €186,076▲ 261%
- ≈ 0 FTEestimated
- Filing
- Filed on 10-02-2026
Insights on GERO CONSTRUCT
GERO CONSTRUCT has existed since 2023. The present size dates from 2024. Turnover rose that year from €124,641 to €322,262.
Solvency fell in 2024 from 69.5% to 20.2%.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2024
micro format, filed on 10-02-2026, 194 days late2025 annual accounts not yet filed, deadline passed on 31 July 2026 The financial year closed on 31 December 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 9 November 2026.
€322,262
▲ 159%
€5,993
▼ 85.8%
-
-
20.2%
▼ 49.3 percentage points
1.25
▼ 2.02
Money flows
of every €100 of turnover, €0.57 remains as profit in 2024Balance sheet
balance sheet total €186,076 on 31-12-2024What the company ownsHow it is paid for
in euro
in euro
Position in the sector
20.2%
Higher than 27% of 9,833 companies in 2024.
1.25
Higher than 34% of 9,553 companies in 2024.
1.0%
Higher than 31% of 9,646 companies in 2024.
GERO CONSTRUCT
Middle half of the sector
80% of the sector
Micro accounts in construction of buildings (NACE 41)
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2024 | 2023 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
186,076 | 51,490 | |
29/58 |
186,076 | 51,490 | |
40/41 |
184,187 | 50,293 | |
40 |
150,327 | 31,815 | |
41 |
33,860 | 18,478 | |
54/58 |
1,890 | 1,197 | |
| Balance sheet: equity and liabilities | |||
10/49 |
186,076 | 51,490 | |
10/15 |
37,609 | 35,768 | |
10/11 |
2,000 | 2,000 | |
14 |
35,609 | 33,768 | |
17/49 |
148,467 | 15,722 | |
42/48 |
148,467 | 15,722 | |
44 |
15,549 | 7,280 | |
440/4 |
15,549 | 7,280 | |
45 |
11,355 | 8,442 | |
450/3 |
11,355 | 8,442 | |
47/48 |
121,563 | - | |
| Income statement | |||
70 |
322,262 | 124,641 | |
76A |
3,143 | 469 | |
9900 |
13,739 | 42,446 | |
60/61 |
311,666 | 82,665 | |
62 |
185 | 164 | |
640/8 |
7,561 | - | |
9901 |
5,993 | 42,282 | |
65/66B |
1,238 | 72 | |
65 |
1,238 | 72 | |
9903 |
4,755 | 42,210 | |
67/77 |
2,913 | 8,442 | |
9904 |
1,841 | 33,768 | |
9905 |
1,841 | 33,768 | |
| Appropriation of the result | |||
9906 |
35,609 | 33,768 | |
14P |
33,768 | - | |
| Document | |||
The notes to these accounts have 1 item. You find them in the filed accounts (PDF).
Source: Annual accounts 2024 (PDF), filed on 10-02-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2024 | 2023 |
|---|---|---|---|
| 693 | - | ||
| 37,609 | 35,768 | ||
| 1.9% | 33.9% | ||
| 20.2% | 69.5% | ||
| 1.25 | 3.28 | ||
| 3.95 | 0.44 | ||
| 4.9% | 94.4% | ||
| 1.0% | 65.6% | ||
| 170 days | 93 days | ||
| 18 days | 32 days |
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.
Insights on GERO CONSTRUCT
The operating result for 2024 is 86% lower than in 2023.
Debt's share of the balance-sheet total rises from 30.5% to 79.8%. Equity and debt are higher.
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
appointed by deed of 06-04-2023
term without a fixed end
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 06-04-2023
Mandates through the years
1 name, the dashed line is todayBOGASIU Gheorghe
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- BOGASIU Gheorghe
- Director (not named in the articles), appointed by deed of 06-04-2023, still in office
Control
Capital
- Contribution
- €2,000
- Shares
- 100
- Contribution per share
- €20
- Equity per share
- €376 in 2024
- Source
- deed of 06-04-2023
Articles of association
deed of 06-04-2023 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Helft ten laste overdrager en helft ten laste koper(s) naar evenredigheid aantal verworven aandelen bij meer dan één koper, geen beroep op…”
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Saturday of May at 17:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Shareholders
At incorporation
deed of 06-04-2023 ↗
- BOGASIU Gheorghe 100 shares (100%) · €2,000 in cash
Network & group
No group
GERO CONSTRUCT has no parent and no holdings in its annual accounts. BOGASIU Gheorghe is the only director. GERO CONSTRUCT shares no director with another company.
At the same address
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| DEMO GROUP
registered office since 09-03-2021 · founded in 2021 · accounts filed late |
turnover €1.8m (2024) 0764.843.020 |
| ED MOTOR
registered office since 13-07-2022 · founded in 2022 |
turnover €1.8m (2025) 0788.556.154 |
| LUITRADE
registered office since 14-05-2019 · founded in 2019 |
1.2 FTE (2023) 0726.753.001 |
| LIMO TRENDS
registered office since 16-11-2017 · founded in 2017 · accounts filed late |
total assets €1.5m (2024) 0684.767.837 |
| M.A. Solution
registered office since 02-12-2021 · founded in 2021 · accounts filed late |
turnover €606,633 (2025) 0777.963.952 |
| OST CONCEPT TOITURE
registered office since 02-06-2023 · founded in 2023 |
turnover €1.3m (2025) 0802.364.895 |
| ARKHE
registered office since 10-12-1987 · founded in 1987 |
turnover €1.3m (2025) 0432.804.694 |
| ANATOLI CONSTRUCT
registered office since 08-11-2022 · founded in 2022 |
turnover €1.3m (2025) 0793.406.352 |
| S&B PROF CONSTRUCT
registered office since 30-08-2022 · founded in 2022 · accounts filed late |
turnover €1.1m (2024) 0790.208.619 |
Timeline
Timeline
4 events since 2023Filings
Establishments
2023202420252026
2026
Annual accounts 2024 filed PDFmicro format · 194 days late
Annual accounts 2023 filed PDFmicro format · 524 days late
2023
IncorporationFounding capital of €2,000, 100 shares · Founder: BOGASIU Gheorghe (comparant) · Appointment: BOGASIU Gheorghe (director) · published on 06-04-20233 points ▸
- Founder, BOGASIU Gheorghe (comparant)
- Founding capital, €2,000, 100 shares
- Director appointment, BOGASIU Gheorghe (director (not named in the articles))
- The deed holds 7 more points.
First establishment Kapucijnenstraat 40, Brussels
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
GERO CONSTRUCT was incorporated on 4 April 2023 as a private limited company by one natural person, with a starting capital of €2,000.12 BOGASIU Gheorghe is director of the company, appointed by deed of 06-04-2023.2 The company has filed 2 sets of annual accounts, the latest for financial year 2024.3
Company details
Identity
- Enterprise number
- 0800.409.158
- VAT number
- BE 0800.409.158
- Peppol ID
- 0208:0800409158
- Other Peppol ID
- 9925:BE0800409158
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 04-04-2023
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Saturday of May at 17:00deed of 06-04-2023 (in Dutch)
- Peppol
- Reachable via PeppolFollow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- GERO CONSTRUCT in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 06-04-2023 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 06-04-2023 (in Dutch)
Activities
NACEBEL 202541001
General construction of residential buildings main activity
Codes under NACEBEL 2008
41201
General construction of buildings main activity
41202
Construction of residential and non-residential buildings
41203
Construction of residential and non-residential buildings
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Alle bouwondernemingsactiviteiten in de breedste zin van het woord,het optrekken van de ruwbouw,de algemene…”deed of 06-04-2023 (in Dutch)
7 activities
- Alle bouwondernemingsactiviteiten in de breedste zin van het woord,het optrekken van de ruwbouw,de algemene bouwonderneming,bekisting,betonwapening;de coördinatie van onderaannemers,de afbraak-,vlak- en afgravingwerken,alle metsel-,voeging- en waterdichtheidwerken;alle asfalteringwerken;de montage van daken en het onderhoud ervan;het plaatsen van dakbedekking van ongeacht welk materiaal en van dakgoten en regenafvoerbuizen;alle geraamtewerken(hout- en stalconstructies,of andere);akoestische en thermische isolatie;de bekleding van wanden,vloeren,plafonds,gevels;al dan niet industriële schilderwerken;betegelen- en mozaïekwerken;deklaag- en stucwerken;de montage van buiten- en binnenschrijnwerk van hout
- En kunststof:deuren,vensters,kozijnen,trappen,muurkasten,inbouwkeukens,winkelinrichtingen,enzovoort;de installatie van al dan niet verplaatsbare tussenwanden en de installatie van garagepoorten,luiken,zonneblinden,traliewerk,hekken,enzovoort in hout of kunststof;de natuursteen- en marmerbewerking;alle vernieuwingswerken,schoonmaakwerken;het schoorsteenvegen;het plaatsen van stellingen,ijzerwaren,smeedwerk,alle metaalwerken;alle werken van glazenmakervak,het plaatsen van ruiten,spiegels,glas-in-loodramen,het vervaardigen van doorzichtige wanden;alle sanitair- en loodgieterijwerken;de installatie van elektrische bedrading en toebehoren,van de installatie van bewakingssystemen en alarminstallaties tegen diefstal
- Het garneren van meubilair;de kleinhandel,de invoer en de uitvoer van constructiematerialen;alle hydraulische werken,maritieme of rivierwerken,constructie of herstelling van sluizen,stuwdammen,dijken,kanalen en kunstwerken,doorleggings- afwatering- en pompenwerken,irrigatie- en uitbaggeringwerken,créatie en onderhoud van vijvers,rivieren en beekjes;het aanleggen van wegen,fietspaden,enzovoort
- Het schoonmaken en het onderhoud van onroerende goederen,het schoonmaken van vensters en van bureaus,kleine bureauwerkjes,interimdiensten,onderaanneming.Het aanbieden van thuishulp van huishoudelijke aard in het kader van dienstencheques:schoonmaak van de woning met inbegrip van de ramen;wassen en strijken;occasionele kleine naaiwerken;bereiden van maaltijden;strijken in een lokaal van de onderneming alsook activiteiten verricht buiten het huis van de gebruiker zoals onder andere boodschappendienst,mindermobielencentra voor bejaarden en strijkateliers
- De vervoer van goederen en personen,de verhuring van alle motorvoertuigen hierna namelijk begrepen,toerismewagens,minibussen,utilitaire wagens en(lichte)vrachtwagens,limousines en ceremoniewagens,met of zonder bestuurder,de uitbating van een taxibedrijf,personen vervoer en luchthavenvervoer in binnen- en buitenland,de uitbating van een onderneming voor het verhuren van personenwagens en(lichte vrachtwagens),de verhuur op korte termijn van personenauto’s zonder chauffeur,het ter beschikking stellen van chauffeurs zonder voertuigen aan derden
- Elke activiteit die betrekking heeft op
- Uitbating van
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Bergensesteenweg 24 registered office 1600 Sint-Pieters-Leeuw | ||
| Kapucijnenstraat 40 1000 Brussels | 04-04-2023 | 2.343.553.256 |
Buildings and parcels at the addresses
- Ground area
- 1,781 m²
- Buildings
- 501 m²
- Volume, LiDAR
- 4,322 m³
- Tallest building
- 15.8 m
Buildings to scale, each on its own parcel
Parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23077A0118/00W082 | Flanders | 1,638 m² | 1 · 398 m² | 9.5 m · 3 |
| 21809K1216/00W000 | Brussels | 143 m² | 1 · 103 m² | 15.8 m · 4 |
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0800.409.158