GERRO
Open bankruptcyA bankruptcy procedure is open for GERRO according to publications in the Belgian State Gazette; curator: GENEVIEVE DEDOBBELEER.
Summary
The file additionally contains 1 administrative flag. The 2021 annual accounts show equity of €23k and a net result of €21k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
Financials · fiscal year 2021, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€21k
2019 · €-10k
2018: €-2k
2019: €-10k
2018 → 2021
Working capital
€5k▼ 68.8%
2019 · €16k
2018: €28k
2019: €16k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192021Trend
Equity€28k-€18k▼ 36.7%€23k▲ 29.3%
Operating result€-2k-€-10k▼ 352%€22k
Net result€-2k-€-10k▼ 348%€21k
Result per fiscal year
Operating resultNet result
The operating result is €22k in 2021, compared with €-10k in 2019. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2021 in colour, 2019 as the grey bar beneath
Assets €107k
Fixed assets
€18k ▲ 1,003%
Current assets
€89k ▲ 93.9%
Equity and liabilities €107k
Equity
€23k ▲ 29.3%
Debt
€84k ▲ 182%
Debt's share of the balance-sheet total rises from 62.8% to 78.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€26k▲
2019 · €-10k
Cash flow
€26k▲
2019 · €-10k
Current ratio
1.06▼
2019 · 1.54
Debt to equity
3.67
ROE
93.6%▲
2019 · -58.1%
ROA
20.0%▲
2019 · -21.6%
Interest coverage
109.24
Debt ≤ 1 year
€84k▲
2019 · €30k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2021 against 2019 · 39 lines
Balance sheet
Code20192021
Assets
Total assets20/58€48k€107k▲
Fixed assets21/28€2k€18k▲
Tangible fixed assets22/27€2k€18k▲
Plant, machinery and equipment23-€5k
Furniture and vehicles24-€13k
Current assets29/58€46k€89k▲
Amounts receivable within one year40/41€39k€85k▲
Trade receivables40-€68k
Other amounts receivable41-€17k
Cash at bank and in hand54/58€7k€4k▼
Equity and liabilities
Total equity and liabilities10/49€48k€107k▲
Equity10/15€18k€23k▲
Contributions10/11€40k€40k=
Capital10-€40k
Issued capital100-€40k
Reserves13-€4k
Non-distributable reserves130/1-€4k
Legal reserve130-€4k
Profit (loss) carried forward14€-22k€-21k▲
Amounts payable17/49€30k€84k▲
Amounts payable within one year42/48€30k€84k▲
Trade debts44€13k€41k▲
Suppliers440/4-€41k
Other amounts payable47/48-€43k
Income statement
Code20192021
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€176€5k▲
Other operating charges640/8-€3k
Gross operating margin9900€-9k€29k▲
Operating profit (loss)9901€-10k€22k▲
Financial income75/76B-€1
Recurring financial income75-€1
Financial charges65/66B-€241
Recurring financial charges65€87€241▲
Profit (loss) for the period before taxes9903€-10k€21k▲
Profit (loss) for the period9904€-10k€21k▲
Profit (loss) for the period to be appropriated9905€-10k€21k▲
Appropriation of the result
Profit (loss) to be appropriated9906-€-17k
Profit (loss) brought forward from the previous period14P-€-38k
Transfer to equity691/2-€4k
To the legal reserve6920-€4k
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
07-05
KBO administration
Address struck
28-04
Bankruptcy
Opening
Tribunal de l’entreprise du Brabant wallon · GERRO SRL AVENUE DES MOIS- SONS 14, 1360 PERWEZ · event 17-04-2025
2022
09-11
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 101 days late
30-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 607 days late
2021
31-12
Financial
Back to profitnet €21k
Net result €21k after 2 loss-making years.
2019
31-12
Financial
Weakest financial yearnet €-10k
Net result drops to €-10k, the lowest in the series.
21-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 21 days late
2016
12-05
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
22-12
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 144 days late
2014
31-12
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 153 days late
2013
30-08
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 30 days late
2012
31-08
NBB filing
Annual accounts filed
fiscal year 2011 · full schema · 31 days late
2011
31-08
NBB filing
Annual accounts filed
fiscal year 2010 · full schema · 31 days late
2010
31-08
NBB filing
Annual accounts filed
fiscal year 2009 · full schema · 31 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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
1 establishment unit since 1999
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.
Ground area
8,127 m²
Building footprint
4,216 m²
Volume, LiDAR
43,359 m³
2 parcels, Wallonia · tallest building 22.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
LA TAVERNE D'EMBOURG
since 19992.033.180.079
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62030A0339/00Z002 | Wallonia | 4,956 m² | 1 · 3,336 m² | 22.1 m · 3 fl. |
| 25084C0577/00F000 | Wallonia | 3,172 m² | 1 · 880 m² | 10.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | GENEVIEVE DEDOBBELEER RUE DE CHARLEROI 2,
1400 NIVELLES |
17-04-2025 → present |
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Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 5,388 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded12-01-1988
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.