GERO CONSTRUCTIONS
ActiveSummary
GERO CONSTRUCTIONS has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €853,501 and a net result of €129,930. Equity is growing by ~30.5% per year across the filed fiscal years. Its solvency ranks better than 38% of 1041 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability76▼-2
Solvency61▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50,000 at 30 days acceptable
Liquidity tight (current ratio 1.4 against 1.39 in 2024; short-term debt: 49.6% and cash: 4% of total assets), and 63.5% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
about 50% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
36.5%
Return on assets
5.6%
Age of the figures
12 mo
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
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 04-05-2026, 4 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
4 d late
2024
8 d early
2023
on the day
2022
27 d early
2021
30 d early
2020
28 d early
2019
31 d early
← 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 17 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 22 April (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today30-09-2026 close30-04-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
In the rankings
#7 company by equity in Wuustwezel, Manufacturing sector#8 company by total assets in Wuustwezel, Manufacturing sector
Equity
€853,501▲ 18.0%
2024 · €723,571
Total assets
€2.3m▲ 14.8%
2024 · €2.0m
Net result
€129,930▼ 10.1%
2024 · €144,514
Working capital
€462,127▲ 15.2%
2024 · €401,133
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 25, Manufacture of fabricated metal products, except machinery and equipment, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€114,877▼ 16.4%€318,835▲ 178%€240,403▼ 24.6%€239,024▼ 0.6%€213,644▼ 10.6%
Net result€76,757within the sector's middle half▼ 21.8%€209,093within the sector's middle half▲ 172%€149,406within the sector's middle half▼ 28.5%€144,514within the sector's middle half▼ 3.3%€129,930within the sector's middle half▼ 10.1%
Equity€289,356within the sector's middle half▲ 36.1%€498,450within the sector's middle half▲ 72.3%€647,856within the sector's middle half▲ 30.0%€723,571within the sector's middle half▲ 11.7%€853,501within the sector's middle half▲ 18.0%
Total assets€1.1mwithin the sector's middle half▲ 4.1%€1.6mwithin the sector's middle half▲ 46.5%€1.9mwithin the sector's middle half▲ 23.9%€2.0mwithin the sector's middle half▲ 5.4%€2.3mwithin the sector's middle half▲ 14.8%
Debt€776,456▼ 4.3%€1.1m▲ 36.9%€1.3m▲ 21.0%€1.3m▲ 2.3%€1.5m▲ 13.1%
Working capital€122,493within the sector's middle half▲ 86.1%€334,824within the sector's middle half▲ 173%€354,750within the sector's middle half▲ 6.0%€401,133within the sector's middle half▲ 13.1%€462,127within the sector's middle half▲ 15.2%
Solvency27.1%within the sector's middle half▲ 6.4pp31.9%within the sector's middle half▲ 4.8pp33.5%within the sector's middle half▲ 1.6pp35.5%within the sector's middle half▲ 2.0pp36.5%within the sector's middle half▲ 1.0pp
Current ratio1.28within the sector's middle half▲ 0.111.41within the sector's middle half▲ 0.141.40within the sector's middle half▼ 0.011.39within the sector's middle half▼ 0.011.40within the sector's middle half▲ 0.01
Return on assets (ROA)7.2%within the sector's middle half▼ 2.4pp13.4%above the sector's middle half▲ 6.2pp7.7%within the sector's middle half▼ 5.7pp7.1%within the sector's middle half▼ 0.6pp5.6%within the sector's middle half▼ 1.5pp
Staff (FTE)2.7below the sector's middle half▲ 12.5%3.4below the sector's middle half▲ 25.9%4.5within the sector's middle half▲ 32.4%4.5within the sector's middle half=4.8within the sector's middle half▲ 6.7%
above
within
below
the middle half (P25 to P75) of NACE 25, Manufacture of fabricated metal products, except machinery and equipment, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 11% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.3m
Fixed assets
€716,856 ▲ 17.0%
Current assets
€1.6m ▲ 13.9%
Equity and liabilities €2.3m
Equity
€853,501 ▲ 18.0%
Debt
€1.5m ▲ 13.1%
Debt's share of the balance-sheet total falls from 64.5% to 63.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€396,264▲
2024 · €395,166
Cash flow
€312,550▲
2024 · €300,656
Quick ratio
0.96▼
2024 · 1.26
Debt to equity
1.74▼
2024 · 1.82
ROE
15.2%▼
2024 · 20.0%
Interest coverage
13.06▲
2024 · 11.74
Debt ≤ 1 year
€1.2m▲
2024 · €1.0m
Debt > 1 year
€325,481▲
2024 · €285,946
Income taxes
€53,924▼
2024 · €61,972
Staff costs
€269,011▼
2024 · €283,780
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,679 companies that looked in July 2024 the way this one looks now, 0.6% 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
0.6%
went bankrupt
3.8%
stopped otherwise
95%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% 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 497,662 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% | 1.7% |
| 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 75% 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 34,679 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 |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €138,470 | €250,704 | €283,780 | €269,011 | ▼ 5.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €108,262 | €101,677 | €141,512 | €156,142 | €182,620 | ▲ 17.0% |
| Other operating charges640/8 | - | €2,662 | €13,484 | €4,336 | €7,669 | ▲ 76.8% |
| Gross operating margin9900 | €339,625 | €561,643 | €646,103 | €683,282 | €672,944 | ▼ 1.5% |
| Operating profit (loss)9901 | €114,877 | €318,835 | €240,403 | €239,024 | €213,644 | ▼ 10.6% |
| Financial income75/76B | - | €66 | €814 | €1,115 | €546 | ▼ 51.0% |
| Recurring financial income75 | €1,406 | €66 | €814 | €1,115 | €546 | ▼ 51.0% |
| Financial charges65/66B | - | €14,543 | €26,635 | €33,653 | €30,336 | ▼ 9.9% |
| Recurring financial charges65 | €11,923 | €14,543 | €26,635 | €33,653 | €30,336 | ▼ 9.9% |
| Profit (loss) for the period before taxes9903 | €104,360 | €304,358 | €214,582 | €206,485 | €183,854 | ▼ 11.0% |
| Income taxes67/77 | €27,603 | €95,264 | €65,176 | €61,972 | €53,924 | ▼ 13.0% |
| Profit (loss) for the period9904 | €76,757 | €209,093 | €149,406 | €144,514 | €129,930 | ▼ 10.1% |
| Profit (loss) for the period to be appropriated9905 | €76,757 | €209,093 | €149,406 | €144,514 | €129,930 | ▼ 10.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.1m | €1.6m | €1.9m | €2.0m | €2.3m | ▲ 14.8% |
| Fixed assets21/28 | €502,128 | €416,188 | €698,845 | €612,862 | €716,856 | ▲ 17.0% |
| Intangible fixed assets21 | - | - | €17,150 | €14,424 | €6,991 | ▼ 51.5% |
| Tangible fixed assets22/27 | €502,128 | €416,188 | €681,695 | €598,438 | €709,865 | ▲ 18.6% |
| Land and buildings22 | - | €262,360 | €246,520 | €230,680 | €214,840 | ▼ 6.9% |
| Plant, machinery and equipment23 | - | €123,849 | €147,653 | €126,884 | €80,129 | ▼ 36.8% |
| Furniture and vehicles24 | - | €29,979 | €287,522 | €240,874 | €414,896 | ▲ 72.2% |
| Current assets29/58 | €563,684 | €1.1m | €1.2m | €1.4m | €1.6m | ▲ 13.9% |
| Stocks and contracts in progress3 | €87,500 | €171,000 | €133,500 | €133,000 | €504,963 | ▲ 280% |
| Stocks30/36 | - | €91,000 | €83,500 | €93,000 | €95,000 | ▲ 2.2% |
| Contracts in progress37 | - | €80,000 | €50,000 | €40,000 | €409,963 | ▲ 925% |
| Amounts receivable within one year40/41 | €341,326 | €957,882 | €1.0m | €741,977 | €1.0m | ▲ 35.1% |
| Trade receivables40 | - | €876,406 | €924,559 | €666,977 | €371,312 | ▼ 44.3% |
| Other amounts receivable41 | - | €81,476 | €104,684 | €75,000 | €631,467 | ▲ 742% |
| Cash at bank and in hand54/58 | €59,258 | €16,410 | €61,172 | €540,711 | €93,171 | ▼ 82.8% |
| Deferred charges and accrued income490/1 | - | €42 | €11,251 | €10,595 | €23,025 | ▲ 117% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.1m | €1.6m | €1.9m | €2.0m | €2.3m | ▲ 14.8% |
| Equity10/15 | €289,356 | €498,450 | €647,856 | €723,571 | €853,501 | ▲ 18.0% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €270,756 | €479,850 | €629,256 | €704,971 | €834,901 | ▲ 18.4% |
| Distributable reserves133 | - | €479,850 | €629,256 | €704,971 | €834,901 | ▲ 18.4% |
| Profit (loss) carried forward14 | - | - | - | €0 | €0 | - |
| Amounts payable17/49 | €776,456 | €1.1m | €1.3m | €1.3m | €1.5m | ▲ 13.1% |
| Amounts payable after more than one year17 | €335,265 | €250,300 | €405,740 | €285,946 | €325,481 | ▲ 13.8% |
| Financial debts170/4 | - | €250,300 | €405,740 | €285,946 | €325,481 | ▲ 13.8% |
| Amounts payable within one year42/48 | €441,191 | €810,511 | €880,415 | €1.0m | €1.2m | ▲ 13.3% |
| Current portion of amounts payable after more than one year42 | - | €85,130 | €140,881 | €119,794 | €175,302 | ▲ 46.3% |
| Financial debts43 | - | €200,000 | €200,000 | €200,000 | €200,000 | = |
| Credit institutions430/8 | - | €200,000 | €200,000 | €200,000 | €200,000 | = |
| Trade debts44 | €182,108 | €413,945 | €368,414 | €498,816 | €683,900 | ▲ 37.1% |
| Suppliers440/4 | - | €413,945 | €368,414 | €498,816 | €683,900 | ▲ 37.1% |
| Advances received on contracts in progress46 | - | - | - | €252 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | - | €109,103 | €78,981 | €62,654 | €68,232 | ▲ 8.9% |
| Taxes450/3 | - | €79,443 | €40,139 | €22,118 | €38,531 | ▲ 74.2% |
| Remuneration and social security454/9 | - | €29,660 | €38,842 | €40,537 | €29,701 | ▼ 26.7% |
| Other amounts payable47/48 | - | €2,332 | €92,139 | €143,635 | €34,379 | ▼ 76.1% |
| Accrued charges and deferred income492/3 | - | €2,262 | €0 | €4,478 | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €76,757 | €209,093 | €149,406 | €144,514 | €129,930 | ▼ 10.1% |
| + Depreciation and write-downs630 | €108,262 | €101,677 | €141,512 | €156,142 | €182,620 | ▲ 17.0% |
| Operating cash flow (approximation) | €185,019 | €310,770 | €290,918 | €300,656 | €312,550 | ▲ 4.0% |
| Investment in fixed assets (approximation) | - | -€15,737 | -€424,169 | -€70,159 | -€286,614 | ▼ 309% |
| Change in cash | - | -€42,848 | €44,762 | €479,539 | -€447,540 | ▼ 193% |
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
04-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 4 days late
2025
22-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Equity above €500,000Eq €647,856 ▲30%
6 profitable years in a row build equity to €647,856.
03-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial
Highest result since 2018net €209,093 ▲172%
Operating result €318,835, net result €209,093, both a record.
31-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
02-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial
Equity above €200,000Eq €212,600 ▲85.7%
3 profitable years in a row build equity to €212,600.
30-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-09
Financial
Equity above €100,000Eq €114,476 ▲49.3%
2 profitable years in a row build equity to €114,476.
03-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are 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, Wuustwezel · 1 establishment unit since 2013
Ground area
687 m²
Building footprint
335 m²
Volume, LiDAR
163 m³
Parcel 11053C0081/00A002, Flanders · tallest building 8.0 m, ±1 floor. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Gero Constructions
since 20132.216.562.935
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11053C0081/00A002 | Flanders | 687 m² | 1 · 335 m² | 8.0 m · 1 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
2022 to 2023 · 2 entries · 3,181 EUR awarded · 4,002 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 348 EUR | 1,169 EUR |
| 2022 | 1 | 2,833 EUR | 2,833 EUR |
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Of 3,984 companies in sector 25110 we hold annual accounts for 2,146. 1,406 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
Founded29-01-2013
Fiscal year end30-09
Activities, NACEBEL 2025
25110Manufacture of metal structures and parts of structures
25120Manufacture of fabricated metal products, except machinery and equipment
25210Manufacture of fabricated metal products, except machinery and equipment
25401Forging of metal
25999Manufacture of fabricated metal products, except machinery and equipment
43990Other specialised construction activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0502992708
Also
9925:BE0502992708
Registered
22-06-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.