GERYTO
InactiveGERYTO was declared bankrupt on 01-10-2024 (Ondernemingsrechtbank Gent, afdeling Kortrijk); the bankruptcy was closed for insufficient assets by judgment of 24-03-2026, published in the Belgian State Gazette on 27-03-2026.
Summary
Inactive; last annual accounts for fiscal year 2023.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-03-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-03-2024 close31-10-2024 deadline25-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2023 was due by 31-10-2023 and was filed on 31-10-2023, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
on the day
2022
3 d late
2021
3 d late
2020
30 d late
2019
1 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, micro schema
Equity
€-1k
2022 · €435
2019: €5khighest in 5 years
2020: €4k▼ -23.4% vs 2019
2021: €2k▼ -41.4% vs 2020
2022: €435▼ -81.8% vs 2021
2023: €-1k▼ -405% vs 2022lowest in 5 years
2019 → 2023
Total assets
€9k▼ 20.1%
2022 · €11k
2019: €14khighest in 5 years
2020: €12k▼ -16.0% vs 2019
2021: €13k▲ +6.8% vs 2020
2022: €11k▼ -9.6% vs 2021
2023: €9k▼ -20.1% vs 2022lowest in 5 years
2019 → 2023
Net result
€-2k▲ 10.2%
2022 · €-2k
2019: €2khighest in 5 years
2020: €-1k▼ -183% vs 2019
2021: €-2k▼ -35.7% vs 2020
2022: €-2k▼ -15.9% vs 2021lowest in 5 years
2023: €-2k▲ +10.2% vs 2022
2019 → 2023
Working capital
€-1k
2022 · €435
2019: €5khighest in 5 years
2020: €4k▼ -20.6% vs 2019
2021: €2k▼ -41.4% vs 2020
2022: €435▼ -81.8% vs 2021
2023: €-1k▼ -405% vs 2022lowest in 5 years
2019 → 2023
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€5k-€4k▼ 23.4%€2k▼ 41.4%€435▼ 81.8%€-1k
2019: €5khighest in 5 years
2020: €4k▼ -23.4% vs 2019
2021: €2k▼ -41.4% vs 2020
2022: €435▼ -81.8% vs 2021
2023: €-1k▼ -405% vs 2022lowest in 5 years
Operating result€1k-€-1k€-2k▼ 27.0%€-1k▲ 27.3%€-1k▼ 31.3%
2019: €1khighest in 5 years
2020: €-1k▼ -193% vs 2019
2021: €-2k▼ -27.0% vs 2020lowest in 5 years
2022: €-1k▲ +27.3% vs 2021
2023: €-1k▼ -31.3% vs 2022
Net result€2k-€-1k€-2k▼ 35.7%€-2k▼ 15.9%€-2k▲ 10.2%
2019: €2khighest in 5 years
2020: €-1k▼ -183% vs 2019
2021: €-2k▼ -35.7% vs 2020
2022: €-2k▼ -15.9% vs 2021lowest in 5 years
2023: €-2k▲ +10.2% vs 2022
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €1k in 2023 against €1k in 2022; the loss grows.
Key figures and ratios
Solvency
-14.6%▼
2022 · 3.8%
Current ratio
0.87▼
2022 · 1.04
Debt to equity
-7.86
ROA
-19.4%▼
2022 · -17.2%
Debt
€10k▼
2022 · €11k
Debt ≤ 1 year
€10k▼
2022 · €11k
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 · 2023 against 2022 · 29 lines
Balance sheet
Code20222023
Assets
Total assets20/58€11k€9k▼
Current assets29/58€11k€9k▼
Amounts receivable within one year40/41€11k€9k▼
Trade receivables40€916-
Other amounts receivable41€10k€9k▼
Cash at bank and in hand54/58€553€553=
Equity and liabilities
Total equity and liabilities10/49€11k€9k▼
Equity10/15€435€-1k▼
Contributions10/11€25k€25k=
Reserves13€3k€3k=
Non-distributable reserves130/1€3k€3k=
Reserves not available under the articles1311€3k€3k=
Profit (loss) carried forward14€-27k€-29k▼
Amounts payable17/49€11k€10k▼
Amounts payable within one year42/48€11k€10k▼
Financial debts43€2k€3k▲
Credit institutions430/8€2k€3k▲
Trade debts44€1k-
Suppliers440/4€1k-
Other amounts payable47/48€8k€7k▼
Income statement
Code20222023
Gross operating margin9900€-1k€-1k▼
Operating profit (loss)9901€-1k€-1k▼
Financial charges65/66B€839€288▼
Recurring financial charges65€839€288▼
Profit (loss) for the period before taxes9903€-2k€-2k▲
Profit (loss) for the period9904€-2k€-2k▲
Profit (loss) for the period to be appropriated9905€-2k€-2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-27k€-29k▼
Profit (loss) brought forward from the previous period14P€-25k€-27k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €187 | - | - | - | - |
| Gross operating margin9900 | €2k | €-1k | €-2k | €-1k | €-1k | ▼ 31.3% |
| Operating profit (loss)9901 | €1k | €-1k | €-2k | €-1k | €-1k | ▼ 31.3% |
| Recurring financial income75 | €818 | €636 | - | - | - | - |
| Financial charges65/66B | - | - | - | €839 | €288 | ▼ 65.7% |
| Recurring financial charges65 | €623 | €668 | €148 | €839 | €288 | ▼ 65.7% |
| Profit (loss) for the period before taxes9903 | €2k | €-1k | €-2k | €-2k | €-2k | ▲ 10.2% |
| Profit (loss) for the period9904 | €2k | €-1k | €-2k | €-2k | €-2k | ▲ 10.2% |
| Profit (loss) for the period to be appropriated9905 | €2k | €-1k | €-2k | €-2k | €-2k | ▲ 10.2% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €14k | €12k | €13k | €11k | €9k | ▼ 20.1% |
| Fixed assets21/28 | €187 | - | - | - | - | - |
| Tangible fixed assets22/27 | €187 | - | - | - | - | - |
| Current assets29/58 | €14k | €12k | €13k | €11k | €9k | ▼ 20.1% |
| Amounts receivable within one year40/41 | €14k | €12k | €12k | €11k | €9k | ▼ 21.2% |
| Trade receivables40 | - | - | - | €916 | - | - |
| Other amounts receivable41 | - | - | - | €10k | €9k | ▼ 13.9% |
| Cash at bank and in hand54/58 | - | - | €553 | €553 | €553 | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €14k | €12k | €13k | €11k | €9k | ▼ 20.1% |
| Equity10/15 | €5k | €4k | €2k | €435 | €-1k | ▼ 405% |
| Contributions10/11 | €25k | - | - | €25k | €25k | = |
| Reserves13 | €3k | €3k | €3k | €3k | €3k | = |
| Non-distributable reserves130/1 | - | - | - | €3k | €3k | = |
| Reserves not available under the articles1311 | - | - | - | €3k | €3k | = |
| Profit (loss) carried forward14 | €-22k | €-23k | €-25k | €-27k | €-29k | ▼ 6.5% |
| Amounts payable17/49 | €9k | €8k | €10k | €11k | €10k | ▼ 4.9% |
| Amounts payable within one year42/48 | €9k | €8k | €10k | €11k | €10k | ▼ 4.9% |
| Financial debts43 | - | - | - | €2k | €3k | ▲ 34.4% |
| Credit institutions430/8 | - | - | - | €2k | €3k | ▲ 34.4% |
| Trade debts44 | €3k | €1k | €3k | €1k | - | - |
| Suppliers440/4 | - | - | - | €1k | - | - |
| Other amounts payable47/48 | - | - | - | €8k | €7k | ▼ 2.7% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2k | €-1k | €-2k | €-2k | €-2k | ▲ 10.2% |
| + Depreciation and write-downs630 | €1k | €187 | - | - | - | - |
| Operating cash flow (approximation) | €3k | €-1k | €-2k | €-2k | €-2k | ▲ 10.2% |
| Change in cash | - | - | - | €0 | €0 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
27-03
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Gent, afdeling Kortrijk · event 24-03-2026
2024
07-10
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Kortrijk · event 01-10-2024
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
03-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 3 days late
31-03
Financial
Weakest financial yearnet €-2k
Net result drops to €-2k, the lowest in the series.
2021
03-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 3 days late
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2019
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
30-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
31-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
10-11
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 10 days late
2015
30-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2014
26-09
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | Kathleen SEGERS FELIX VERHAEGHESTRAAT 5,
8790 WAREGEM |
01-10-2024 → 24-03-2026 |