GEROLO is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €370k and a net result of €78k. Equity is growing by ~35.5% per year across the filed fiscal years. Its solvency ranks better than 88% of 9864 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Two signals. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-07-2025, 6 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
6 d early
2023
26 d late
2022
6 d late
2021
22 d late
2020
31 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€370k▲ 26.5%
2023 · €293k
2020: €81k
2021: €141k
2022: €209k
2023: €293k
2020 → 2024
Net result
€78k▼ 7.7%
2023 · €84k
2020: €64k
2021: €61k
2022: €71k
2023: €84k
2020 → 2024
Total assets
€408k▲ 12.1%
2023 · €364k
2020: €123k
2021: €207k
2022: €283k
2023: €364k
2020 → 2024
Solvency
90.8%▲ 10.3pp
2023 · 80.4%
2020: 66.3%
2021: 67.9%
2022: 73.6%
2023: 80.4%
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€81k-€141k▲ 72.5%€209k▲ 48.4%€293k▲ 40.3%€370k▲ 26.5%
Operating result€90k-€84k▼ 5.9%€98k▲ 16.6%€120k▲ 21.9%€111k▼ 7.8%
Net result€64k-€61k▼ 5.9%€71k▲ 16.2%€84k▲ 19.3%€78k▼ 7.7%
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 8% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €408k
Fixed assets
€38k▼ 28.5%
Current assets
€370k▲ 19.2%
Equity and liabilities €408k
Equity
€370k▲ 26.5%
Debt
€38k▼ 47.0%
The debt ratio falls from 19.6% to 9.2%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
90.8%▲
2023 · 80.4%
ROE
21.0%▼
2023 · 28.7%
ROA
19.0%▼
2023 · 23.1%
Debt
€38k▼
2023 · €71k
Debt ≤ 1 year
€38k▼
2023 · €71k
Income taxes
€32k▼
2023 · €35k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€364k€408k▲
Fixed assets21/28€54k€38k▼
Tangible fixed assets22/27€54k€38k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€51k€36k▼
Current assets29/58€310k€370k▲
Amounts receivable within one year40/41€41k€31k▼
Trade receivables40€41k€24k▼
Other amounts receivable41-€7k
Current investments50/53€140k€305k▲
Cash at bank and in hand54/58€127k€31k▼
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€364k€408k▲
Equity10/15€293k€370k▲
Contributions10/11€19k€19k=
Reserves13€274k€352k▲
Distributable reserves133€274k€352k▲
Amounts payable17/49€71k€38k▼
Amounts payable within one year42/48€71k€38k▼
Trade debts44€2k€1k▼
Suppliers440/4€2k€1k▼
Taxes, remuneration and social security45€54k€20k▼
Taxes450/3€52k€20k▼
Remuneration and social security454/9€2k-
Other amounts payable47/48€15k€16k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€15k▲
Other operating charges640/8€1k€609▼
Gross operating margin9900€136k€126k▼
Operating profit (loss)9901€120k€111k▼
Financial income75/76B€1€1▲
Recurring financial income75€1€1▲
Financial charges65/66B€1k€1k▲
Recurring financial charges65€1k€1k▲
Profit (loss) for the period before taxes9903€119k€109k▼
Income taxes67/77€35k€32k▼
Profit (loss) for the period9904€84k€78k▼
Profit (loss) for the period to be appropriated9905€84k€78k▼
Appropriation of the result
Profit (loss) to be appropriated9906€84k€78k▼
Transfer to equity691/2€84k€78k▼
To other reserves6921€84k€78k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity doublescurrent ratio 9.80
Current ratio from 4.36 to 9.80; short-term debt falls from €71k to €38k.
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
31-12
Financial
Highest result since 2020net €84k ▲19.3%
Operating result €120k, net result €84k, both a record.
06-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 6 days late
2022
31-12
Financial
Equity above €200kEq €209k ▲48.4%
3 profitable years in a row build equity to €209k.
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 22 days late
2021
31-12
Financial
Weakest financial yearnet €61k ▼5.9%
Net result drops to €61k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €100kEq €141k ▲72.5%
2 profitable years in a row build equity to €141k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Hechtel-Eksel · 1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Gerststraat 193940 Hechtel-EkselGround area
1,648 m²
Building footprint
180 m²
Volume, LiDAR
992 m³
Parcel 72013C0574/00M002, Flanders · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GEROLO
since 20192.296.382.255
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72013C0574/00M002 | Flanders | 1,648 m² | 1 · 180 m² | 9.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 24,726 companies in sector 64210 we hold annual accounts for 19,747. 13,757 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-12-2019
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.