GERPHI
ActiveSummary
GERPHI has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €437,263 and a net result of €199,542. Equity has been growing by about 13% per year since 2018. Its solvency ranks better than 41% of 15,784 sector peers (NACE 69, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 24-10-2013 Normal situation
- Activity
- Activities of bailiffs NACE 69103
- Establishment units
- 2.223.890.591 8500 Kortrijk, since 24-10-2013
- 2.298.855.458 8670 Koksijde, since 10-02-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 22-11-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.2%
- Gross margin
- €216,165
- ▼ 4.6%
- Turnover
- ≈ €380,000
- estimated
- Profit
- €199,542
- ▲ 17.9%
- Equity
- €437,263
- ▼ 28.6%
- Total assets
- €914,755
- ▼ 13.5%
- 2025 accounts filed 27 days after the deadline
Score breakdownraises risk1 change of registered office in 24 monthsLast filed accounts filed 27 days late; 1 of the last 3 accounts latelowers riskSector: Legal and accounting activities (NACE 69)Size: total assets €914,755Show the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 69, micro). It does better than 45% of them on solvency, 19% on liquidity, 59% on profitability and 16% on growth.
The bankruptcy probability was computed on 03-11-2026 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.
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).
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Signals
The company filed its last 7 accounts on average 13 days after the deadline. In the sector (NACE 69), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 27 days after the deadline Filed on 27 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00432586.
Annual accounts 2025 filed on 27-08-2026 PDF all 12 filings
Every figure per financial year
The operating result for 2025 is 5% 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.
Securities and guarantees
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Mortgages, amount registered | - | - | €451,000 | - | - |
| Mortgage mandates | €451,000 | €451,000 | - | €258,500 | - |
| Carrying value of the mortgaged assets | €303,673 | €290,014 | €276,354 | €141,522 | - |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €71,023 | - | €62,328 | €1,321 | €741 |
| Financial fixed assets | €251,378 | - | - | - | - |
| Depreciation and write-downs of the year | €15,470 | €17,507 | €26,621 | €22,835 | €22,126 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | €10,200 | €74,906 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €16,110 | €26,869 | €14,591 | €15,470 | €17,507 | €26,621 | €22,835 | €22,126 | ▼ 3.1% |
| Other operating charges640/8 | - | - | - | €1,185 | €1,622 | €2,764 | €2,962 | €2,987 | ▲ 0.9% |
| Gross operating margin9900 | €54,439 | €409,001 | €59,869 | €158,229 | €137,629 | €161,229 | €226,646 | €216,165 | ▼ 4.6% |
| Operating profit (loss)9901 | €37,842 | €380,807 | €44,336 | €141,574 | €118,501 | €131,844 | €200,849 | €191,051 | ▼ 4.9% |
| Financial income75/76B | - | - | - | €2 | €81,755 | €239,107 | €69,270 | €61,477 | ▼ 11.3% |
| Recurring financial income75 | €42 | €44 | €26 | €2 | €81,755 | €166,819 | €69,270 | €61,477 | ▼ 11.3% |
| Non-recurring financial income76B | - | - | - | - | - | €72,288 | €0 | - | - |
| Financial charges65/66B | - | - | - | €30,134 | €53,762 | €66,262 | €64,905 | €3,886 | ▼ 94.0% |
| Recurring financial charges65 | €4,200 | €32,692 | €25,464 | €30,134 | €53,762 | €66,262 | €64,905 | €3,886 | ▼ 94.0% |
| Profit (loss) for the period before taxes9903 | €33,684 | €348,159 | €18,899 | €111,442 | €146,494 | €304,688 | €205,214 | €248,642 | ▲ 21.2% |
| Income taxes67/77 | €7,384 | €1,267 | €3,406 | €29,925 | €17,918 | €17,834 | €35,922 | €49,100 | ▲ 36.7% |
| Profit (loss) for the period9904 | €26,300 | €346,891 | €15,492 | €81,517 | €128,576 | €286,855 | €169,292 | €199,542 | ▲ 17.9% |
| Profit (loss) for the period to be appropriated9905 | €26,300 | €346,891 | €15,492 | €81,517 | €128,576 | €286,855 | €169,292 | €199,542 | ▲ 17.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €0.4m | €0.8m | €0.8m | €1.1m | €1.1m | €1.4m | €1.1m | €0.9m | ▼ 13.5% |
| Fixed assets21/28 | €0.3m | €0.7m | €0.7m | €1.0m | €1.0m | €1.0m | €0.9m | €0.8m | ▼ 2.5% |
| Tangible fixed assets22/27 | €0.3m | €0.3m | €0.3m | €0.4m | €0.4m | €0.4m | €0.3m | €0.2m | ▼ 8.0% |
| Land and buildings22 | - | - | - | €0.4m | €0.4m | €0.4m | €0.2m | €0.2m | ▼ 4.1% |
| Plant, machinery and equipment23 | - | - | - | €0.002m | €0.001m | €0.003m | €0.003m | €0.003m | ▼ 10.0% |
| Furniture and vehicles24 | - | - | - | €0.001m | €0.001m | €0.05m | €0.04m | €0.03m | ▼ 30.7% |
| Financial fixed assets28 | €0.008m | €0.4m | €0.4m | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | = |
| Current assets29/58 | €0.06m | €0.05m | €0.04m | €0.08m | €0.2m | €0.4m | €0.2m | €0.07m | ▼ 62.4% |
| Amounts receivable within one year40/41 | €0.01m | €0.02m | €0.01m | €0.02m | €0.03m | €0.02m | €0.1m | €0.02m | ▼ 80.3% |
| Trade receivables40 | - | - | - | €0.02m | €0.02m | €0.02m | €0.02m | €42 | ▼ 99.8% |
| Other amounts receivable41 | - | - | - | €0.001m | €0.01m | €0.003m | €0.09m | €0.02m | ▼ 76.5% |
| Current investments50/53 | - | - | - | - | - | €0.3m | €0 | - | - |
| Cash at bank and in hand54/58 | €0.05m | €0.03m | €0.03m | €0.06m | €0.1m | €0.08m | €0.09m | €0.04m | ▼ 58.5% |
| Deferred charges and accrued income490/1 | - | - | - | €0.001m | €266 | €0.004m | €0.001m | €0.02m | ▲ 12× |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €0.4m | €0.8m | €0.8m | €1.1m | €1.1m | €1.4m | €1.1m | €0.9m | ▼ 13.5% |
| Equity10/15 | €0.08m | €0.4m | €0.4m | €0.5m | €0.7m | €0.9m | €0.6m | €0.4m | ▼ 28.6% |
| Contributions10/11 | €0.01m | €0.01m | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.07m | €0.4m | €0.4m | €0.5m | €0.6m | €0.9m | €0.6m | €0.4m | ▼ 29.5% |
| Non-distributable reserves130/1 | - | - | - | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Reserves not available under the articles1311 | - | - | - | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Distributable reserves133 | - | - | - | €0.5m | €0.6m | €0.9m | €0.6m | €0.4m | ▼ 29.6% |
| Profit (loss) carried forward14 | - | - | - | - | - | - | €0 | - | - |
| Amounts payable17/49 | €0.3m | €0.3m | €0.3m | €0.6m | €0.5m | €0.5m | €0.4m | €0.5m | ▲ 7.3% |
| Amounts payable after more than one year17 | €0.2m | €0.3m | €0.2m | €0.5m | €0.4m | €0.3m | €0.3m | €0.2m | ▼ 18.9% |
| Financial debts170/4 | - | - | - | €0.5m | €0.4m | €0.3m | €0.3m | €0.2m | ▼ 18.9% |
| Amounts payable within one year42/48 | €0.06m | €0.07m | €0.06m | €0.09m | €0.08m | €0.1m | €0.2m | €0.2m | ▲ 56.8% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.07m | €0.07m | €0.07m | €0.06m | €0.06m | ▼ 5.2% |
| Financial debts43 | - | - | - | - | - | - | - | €49 | - |
| Credit institutions430/8 | - | - | - | - | - | - | - | €49 | - |
| Trade debts44 | €0.002m | €0.003m | €0.004m | €0.01m | €0.003m | €0.003m | €0.003m | €0.002m | ▼ 43.4% |
| Suppliers440/4 | - | - | - | €0.01m | €0.003m | €0.003m | €0.003m | €0.002m | ▼ 43.4% |
| Advances received on contracts in progress46 | - | - | - | - | - | - | €147 | - | - |
| Taxes, remuneration and social security45 | - | - | - | €0.008m | €0.006m | €0.02m | €0.09m | €0.02m | ▼ 81.0% |
| Taxes450/3 | - | - | - | €0.008m | €0.006m | €0.02m | €0.09m | €0.02m | ▼ 81.0% |
| Other amounts payable47/48 | - | - | - | - | - | €0.03m | €0 | €0.2m | - |
| Accrued charges and deferred income492/3 | - | - | - | €12 | €12 | €20 | €252 | €300 | ▲ 19.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €26,300 | €346,891 | €15,492 | €81,517 | €128,576 | €286,855 | €169,292 | €199,542 | ▲ 17.9% |
| + Depreciation and write-downs630 | €16,110 | €26,869 | €14,591 | €15,470 | €17,507 | €26,621 | €22,835 | €22,126 | ▼ 3.1% |
| Operating cash flow (approximation) | €42,410 | €373,760 | €30,083 | €96,987 | €146,083 | €313,475 | €192,127 | €221,668 | ▲ 15.4% |
| Investment in fixed assets (approximation) | - | -€441,571 | -€9,161 | -€321,023 | €0 | -€44,983 | €127,773 | -€741 | - |
| Change in cash | - | -€21,276 | -€3,175 | €31,996 | €63,861 | -€45,287 | €6,560 | -€50,657 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 12 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 27-08-2026 | 2026-00432586 | |
| 31-12-2024 | micro format | 11-09-2025 | 2025-00490911 | |
| 31-12-2023 | micro format | 30-04-2024 | 2024-00076333 | |
| 31-12-2022 | micro format | 31-08-2023 | 2023-00398488 | |
| 31-12-2021 | micro format | 30-08-2022 | 2022-20383097 | |
| 31-12-2020 | micro format | 27-08-2021 | 2021-63900252 | |
| 31-12-2019 | micro format | 28-08-2020 | 2020-46200411 | |
| 31-12-2018 | micro format | 19-07-2019 | 2019-35600074 | |
| 31-12-2017 | micro format | 29-06-2018 | 2018-26200084 | |
| 31-12-2016 | micro format | 19-07-2017 | 2017-33600328 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 11-06-2026 Converted to available equity
Network & group
Holdings and subsidiaries
1 holdingHoldings 1
- Sourceown accounts 2025Equity €1.2m Profit of €1.5m in 2025 (profit of €437,743 in 2024) Checked score 9345%
Connections & network
1 current directorThe network starts from the directors of GERPHI. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
11-06
Gazette deed
Registered office moved within KortrijkNew seat: 8500 Kortrijk, Graanmarkt 1/A041 · Previous seat: 8500 Kortrijk, Smokkelpotstraat 59 · Resignation: Philippe De Rynck (director)9 points ▸
- General meeting, 23-04-2026
- Amendment of the articles, mentioned 2 times in the deed
- Capital conversion, “beschikbaar voor toekomstige uitkeringen” (deed in Dutch)
- Registered-office move, 8500 Kortrijk,Graanmarkt 1/A041
- Capital
- Director resignation, Philippe De Rynck (director (not named in the articles))
- Director discharge, Philippe De Rynck
- Director appointment, Philippe De Rynck (director (not named in the articles))
- Power of attorney
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
4 activities
- De uitoefening van het ambt van gerechtsdeurwaarder en/of kandidaat-gerechtsdeurwaarder en alle aanverwante activiteiten die verenigbaar zijn met het statuut van gerechtsdeurwaarder en/of kandidaat-gerechtsdeurwaarder door de aandeelhouders-bestuurders,met dien verstande dat alle professionele activiteiten van de gerechtsdeurwaarders en/of kandidaat-gerechtsdeurwaarders in gemeenschap gebracht en alle van daaruit voortvloeiende honoraria geïnd worden in naam en voor rekening van de vennootschap;
- Het patrimonium van de vennootschap te beheren in de ruimste zin van het woord,oordeelkundig uit te breiden,alle beschikbare middelen te beleggen of weder te beleggen,zowel in roerende als in onroerende goederen;
- Het besturen van vennootschappen,het deelnemen in en het directievoeren over ondernemingen en vennootschappen,alsook het uitoefenen van de functie van bestuurder of analoge functie in vennootschappen en andere rechtspersonen;
- De vennootschap zal bij de uitvoering van haar activiteit de regels eigen aan de uitoefening van het ambt van gerechtsdeurwaarder en/of kandidaat-gerechtsdeurwaarder zoals bepaald door de wet en door de bevoegde instanties eerbiedigen.
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the addresses
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 34022G0440/00C000 | Flanders | 715 m² | 1 · 715 m² | 26.9 m · 7 |
| 38342G0479/00B000 | Flanders | 481 m² | 1 · 455 m² | 10.9 m · 3 |
| 34022G0439/00D000 | Flanders | 246 m² | - | - |