Limited partnership · founded 2009 · active for 17 yearsOuderdomseweg 50, 8900 Ieper, BelgiumKBO/BCE: BE 0811.002.350
Summary
GERSYCO has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2020 annual accounts show equity of €1.6m and a net result of €270,346. Its solvency ranks better than 95% of 23,035 sector peers (NACE 70, financial year 2020). The computed 12-month bankruptcy probability is 0.1% (very low).
Turnover not published (abbreviated or micro format)
Financial health
Bankruptcy probabilitywithin 12 months
0.1%
2020 figures too old to score
Structure
Accounts 1714 days overdue0 of 2 deeds read
Signalsraises riskFigures for financial year 2020 (filed 09-12-2020)lowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Liquidity: current ratio 17.85, cash €493,456Equity €1.6m (96.5% of total assets)neutralNo filing for yearsLatest accounts filed on timeShow the evidence
Bankruptcy probability
No current score
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Figures too old
The available figures for FY 2020 are too old to assess current financial health.
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Financial strength, FY 2020 · tick = 2019
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Strong
Solvency100=
equity 96.5% of total assets
Liquidity88+35
short-term debt 3.5% · cash 30.0%
Profitability79+1
return on assets 16.4%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
0.1%Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Sector median 0.1% (48,319 companies, NACE 70, micro)
Last 24 months11-2024: 0.1%highest value12-2024: 0.1%● unchanged vs 11-202401-2025: 0.1%● unchanged vs 12-202402-2025: 0.1%● unchanged vs 01-202503-2025: 0.1%● unchanged vs 02-202504-2025: 0.1%● unchanged vs 03-202505-2025: 0.1%● unchanged vs 04-202506-2025: 0.1%● unchanged vs 05-202507-2025: 0.1%● unchanged vs 06-202508-2025: 0.1%● unchanged vs 07-202509-2025: 0.1%● unchanged vs 08-202510-2025: 0.1%● unchanged vs 09-202511-2025: 0.1%● unchanged vs 10-202512-2025: 0.1%● unchanged vs 11-202501-2026: 0.1%● unchanged vs 12-202502-2026: 0.1%● unchanged vs 01-202603-2026: 0.1%● unchanged vs 02-202604-2026: 0.1%● unchanged vs 03-202605-2026: 0.1%● unchanged vs 04-202606-2026: 0.1%● unchanged vs 05-202607-2026: 0.1%● unchanged vs 06-202608-2026: 0.1%● unchanged vs 07-202609-2026: 0.1%● unchanged vs 08-202610-2026: 0.1%● unchanged vs 09-2026lowest value
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 61 days before the deadline; the sector median (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
Annual accounts filedfinancial year 2020 · micro…
Annual accounts filedfinancial year 2019 · abbreviated…
Annual accounts filedfinancial year 2018 · abbreviated…
Key points
Risk: Accounts not fileddeadline was 31-01-20221714 days lateView
Positive: Among the best 5% on solvencysector median 54.0% · 23,035 companies96.5%View