GeRoGee
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 15-07-2026 at the NBB all 3 filings
Every figure per financial year
The operating result for 2025 is 37% lower than in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 2023 | 2024 | 2025 |
|---|---|---|---|
| Tangible fixed assets | - | - | €5,500 |
| Depreciation and write-downs of the year | - | - | €1,375 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €1,375 | - |
| Other operating charges640/8 | €485 | €451 | €639 | ▲ 41.6% |
| Gross operating margin9900 | €4,257 | €21,270 | €15,218 | ▼ 28.5% |
| Operating profit (loss)9901 | €3,772 | €20,818 | €13,204 | ▼ 36.6% |
| Financial income75/76B | - | €865 | €1,371 | ▲ 58.5% |
| Recurring financial income75 | - | €865 | €1,371 | ▲ 58.5% |
| Financial charges65/66B | €16 | €63 | €246 | ▲ 289% |
| Recurring financial charges65 | €16 | €63 | €246 | ▲ 289% |
| Profit (loss) for the period before taxes9903 | €3,756 | €21,620 | €14,329 | ▼ 33.7% |
| Income taxes67/77 | €953 | €4,821 | €2,873 | ▼ 40.4% |
| Profit (loss) for the period9904 | €2,803 | €16,799 | €11,456 | ▼ 31.8% |
| Profit (loss) for the period to be appropriated9905 | €2,803 | €16,799 | €11,456 | ▼ 31.8% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €9,450 | €29,149 | €41,573 | ▲ 42.6% |
| Fixed assets21/28 | - | - | €4,125 | - |
| Tangible fixed assets22/27 | - | - | €4,125 | - |
| Furniture and vehicles24 | - | - | €4,125 | - |
| Current assets29/58 | €9,450 | €29,149 | €37,448 | ▲ 28.5% |
| Amounts receivable within one year40/41 | €5,547 | €25,648 | €24,819 | ▼ 3.2% |
| Trade receivables40 | €1,310 | €1,400 | €300 | ▼ 78.6% |
| Other amounts receivable41 | €4,237 | €24,248 | €24,519 | ▲ 1.1% |
| Cash at bank and in hand54/58 | €3,904 | €3,501 | €12,450 | ▲ 256% |
| Deferred charges and accrued income490/1 | - | - | €178 | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €9,450 | €29,149 | €41,573 | ▲ 42.6% |
| Equity10/15 | €5,803 | €22,602 | €34,058 | ▲ 50.7% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | = |
| Reserves13 | €2,803 | €19,602 | €31,058 | ▲ 58.4% |
| Distributable reserves133 | €2,803 | €19,602 | €31,058 | ▲ 58.4% |
| Amounts payable17/49 | €3,647 | €6,547 | €7,515 | ▲ 14.8% |
| Amounts payable within one year42/48 | €3,647 | €6,547 | €7,515 | ▲ 14.8% |
| Trade debts44 | €796 | €177 | €46 | ▼ 74.1% |
| Suppliers440/4 | €796 | €177 | €46 | ▼ 74.1% |
| Taxes, remuneration and social security45 | €2,850 | €6,369 | €7,469 | ▲ 17.3% |
| Taxes450/3 | €2,850 | €6,369 | €7,469 | ▲ 17.3% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,803 | €16,799 | €11,456 | ▼ 31.8% |
| + Depreciation and write-downs630 | - | - | €1,375 | - |
| Operating cash flow (approximation) | €2,803 | €16,799 | €12,831 | ▼ 23.6% |
| Change in cash | - | -€403 | €8,950 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 39,278 companies had the same profile as GeRoGee has now. Two years later, 95.8% were still going and 1.8% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of GeRoGee itself: 0.6% within 12 months.
Test of the method
The method was tested on the 497,446 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 39,278 companies, not a prediction for GeRoGee. 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.