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GERONIMMO

Active
Coöperatieve vennootschap met beperkte aansprakelijkheidfounded 1995active for 31 yearsRue d'Alba 3, 6700 Arlon, BelgiumKBO/BCE: BE 0455.728.071
Summary

The computed 12-month bankruptcy probability of GERONIMMO is 5.8% (elevated). The 2024 annual accounts show negative equity (-€59,519) and a net result of -€7,134. Equity is shrinking by about 34% per year across the filed financial years. The company has been active since 1995 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry (see administrative flags).

Financials · financial year 2024, full format

2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 31 October 2026.

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€7,134▲ 55.5%
2020 · -€16,044
Working capital
-€122,586▼ 7,269%
2020 · -€1,663
Trend over the years

2018 to 2024, 4 financial years 2018 to 2024, 4 financial years

The operating result is -€7,134 in 2024, compared with -€13,857 in 2020. Comparable figures for the intervening years are unavailable.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€7,134 2024 Net result-€7,134 2024

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line2018201920202024
Operating result-€19,247--€11,139▲ 42.1%-€13,857▼ 24.4%-€7,134-
Net result-€22,638--€14,035▲ 38.0%-€16,044▼ 14.3%-€7,134-
Equity€61,241-€47,207▼ 22.9%€31,163▼ 34.0%-€59,519-
Total assets€220,931-€192,762▼ 12.8%€195,641▲ 1.5%€99,284-
Debt€159,690-€145,555▼ 8.9%€164,478▲ 13.0%€158,803-
Working capital€46,716-€23,391▼ 49.9%-€1,663-€122,586-
Balance-sheet composition
2024 in colour, 2020 as the grey bar beneath
Assets €99,284
Fixed assets €97,495 ▼ 23.6%
Current assets €1,789 ▼ 97.4%
Equity and liabilities
Equity-€59,519
Debt€158,803
Equity is negative: debt (€158,803) exceeds the balance-sheet total (€99,284).
Key figures and ratios
2024 value · change against 2020
EBITDA
€0▲
2020 · -€5,880
Cash flow
€0▲
2020 · -€8,067
Solvency
-59.9%▼
2020 · 15.9%
Current ratio
0.01▼
2020 · 0.98
ROA
-7.2%▲
2020 · -8.2%
Debt ≤ 1 year
€124,375▲
2020 · €69,632
Debt > 1 year
€34,429▼
2020 · €94,846
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,796 companies that looked in July 2024 the way this one looks now, 2.1% went bankrupt within 24 months and 90.4% are still going.

  • Micro
  • 20 years or older
  • negative equity
  • a small loss
2.1% went bankrupt
6.0% stopped otherwise
90.4% still going

A further 1.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 5.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 2,796 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
Filed annual accounts As filed with the NBB · 2024 against 2020 · 36 lines
Balance sheet Code20202024
Assets
Total assets20/58€195,641€99,284▼
Fixed assets21/28€127,673€97,495▼
Tangible fixed assets22/27€127,623€97,495▼
Land and buildings22-€97,495
Financial fixed assets28€50-
Current assets29/58€67,968€1,789▼
Amounts receivable within one year40/41€20,744-
Cash at bank and in hand54/58€40,225€498▼
Deferred charges and accrued income490/1-€1,291
Equity and liabilities
Total equity and liabilities10/49€195,641€99,284▼
Equity10/15€31,163-€59,519▼
Contributions10/11€18,592€18,592=
Capital10-€18,592
Issued capital100-€18,592
Reserves13€28,615€1,859▼
Non-distributable reserves130/1-€1,859
Legal reserve130-€1,859
Profit (loss) carried forward14-€16,044-€79,971▼
Amounts payable17/49€164,478€158,803▼
Amounts payable after more than one year17€94,846€34,429▼
Financial debts170/4-€34,429
Amounts payable within one year42/48€69,632€124,375▲
Current portion of amounts payable after more than one year42-€26,756
Financial debts43-€12,542
Credit institutions430/8-€12,542
Trade debts44€15,453-
Other amounts payable47/48-€85,076
Income statement Code20202024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,977€7,134▼
Gross operating margin9900-€4,962-
Operating profit (loss)9901-€13,857-€7,134▲
Recurring financial charges65€2,186-
Profit (loss) for the period before taxes9903-€16,044-€7,134▲
Profit (loss) for the period9904-€16,044-€7,134▲
Profit (loss) for the period to be appropriated9905-€16,044-€7,134▲
Appropriation of the result
Profit (loss) to be appropriated9906--€79,971
Profit (loss) brought forward from the previous period14P--€72,837

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2018201920202024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,568€7,977€7,977€7,134-
Gross operating margin9900-€9,777-€2,227-€4,962--
Operating profit (loss)9901-€19,247-€11,139-€13,857-€7,134-
Recurring financial income75€1----
Recurring financial charges65€3,398€2,896€2,186--
Profit (loss) for the period before taxes9903-€22,644-€14,035-€16,044-€7,134-
Income taxes67/77-€6----
Profit (loss) for the period9904-€22,638-€14,035-€16,044-€7,134-
Profit (loss) for the period to be appropriated9905-€22,638-€14,035-€16,044-€7,134-
Line2018201920202024Change
Assets
Total assets20/58€220,931€192,762€195,641€99,284-
Fixed assets21/28€143,348€135,650€127,673€97,495-
Tangible fixed assets22/27€143,298€135,600€127,623€97,495-
Land and buildings22---€97,495-
Financial fixed assets28€50€50€50--
Current assets29/58€77,584€57,112€67,968€1,789-
Amounts receivable within one year40/41€12,074€12,660€20,744--
Cash at bank and in hand54/58€53,912€35,353€40,225€498-
Deferred charges and accrued income490/1---€1,291-
Equity and liabilities
Total equity and liabilities10/49€220,931€192,762€195,641€99,284-
Equity10/15€61,241€47,207€31,163-€59,519-
Contributions10/11€18,592€18,592€18,592€18,592-
Capital10---€18,592-
Issued capital100---€18,592-
Reserves13€42,649€28,615€28,615€1,859-
Non-distributable reserves130/1---€1,859-
Legal reserve130---€1,859-
Profit (loss) carried forward14---€16,044-€79,971-
Amounts payable17/49€159,690€145,555€164,478€158,803-
Amounts payable after more than one year17€128,822€111,834€94,846€34,429-
Financial debts170/4---€34,429-
Amounts payable within one year42/48€30,868€33,721€69,632€124,375-
Current portion of amounts payable after more than one year42---€26,756-
Financial debts43---€12,542-
Credit institutions430/8---€12,542-
Trade debts44€1,358€1,126€15,453--
Other amounts payable47/48---€85,076-
Line2018201920202024Change
Profit (loss) for the period9904-€22,638-€14,035-€16,044-€7,134-
+ Depreciation and write-downs630€8,568€7,977€7,977€7,134-
Operating cash flow (approximation)-€14,069-€6,058-€8,067€0-
Investment in fixed assets (approximation)--€279€0--
Change in cash--€18,560€4,873--

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 25 filings with the National Bank
Financial year Type Filed Reference
31-12-2024 full format 19-11-2025 2025-00569255
31-12-2020 full format 28-10-2021 2021-74500489
31-12-2019 full format 31-08-2020 2020-48000280
31-12-2018 full format 06-08-2019 2019-44200141
31-12-2017 full format 28-08-2018 2018-53600439
31-12-2016 full format 21-08-2017 2017-45400130
31-12-2015 full format 15-07-2016 2016-32600316
31-12-2014 full format 25-08-2015 2015-49100387
31-12-2013 full format 30-08-2014 2014-57300285
31-12-2012 full format 28-08-2013 2013-48500350

Show all 25 filings

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.