Skip to content

GESTION PLUS

Active
Public limited companyfounded 1990active for 35 yearsRue Hazette 42, 4053 Chaudfontaine, BelgiumKBO/BCE: BE 0442.396.907
Summary

The computed 12-month bankruptcy probability of GESTION PLUS is 1.7% (moderate). The 2024 annual accounts show equity of €122,320 and a net result of €35,567. Equity is growing by about 21% per year across the filed financial years. The company has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Activity not known1 site
Size
€199,585total assets 2024
Equity
€122,320
Profit
€35,567
Turnover not published (micro format)
Financial health
56 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
1.7%
Structure
2025 accounts not filed, 87 days past the deadline2 of 5 deeds summarised
Why 56raises risk1 change of registered office in 24 monthsFigures for financial year 2024 (filed 09-09-2025)lowers riskFounded in 1990Size: total assets €199,585Show the evidence

Checked score

Score 2024
56 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 58% of its sector peers (no NACE code, micro)
Financial strength · tick = 2023
Strong
Solvency 86-14
equity 61.3% of total assets
Liquidity 87-9
short-term debt 30.7% · cash 67.1%
Profitability 91+11
return on assets 17.8%
Bankruptcy probability, 12 months
1.7% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025lowest value 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: 0.1%▲ +0.1 percentage points vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.5%▲ +0.4 percentage points vs 05-2026 07-2026: 0.5%● unchanged vs 06-2026 08-2026: 0.7%▲ +0.2 percentage points vs 07-2026 09-2026: 0.9%▲ +0.2 percentage points vs 08-2026 10-2026: 1.7%▲ +0.8 percentage points vs 09-2026highest value
Credit of up to €6,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity ample (current ratio 2.2, compared with 3.72 in 2023, above the usual 1.5; short-term debt: 30.7% and cash: 67.1% of total assets), and 38.7% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 (no NACE code, micro): better than 52% on solvency, 78% on liquidity, 73% on profitability and 30% on growth.

The bankruptcy probability was computed on 26-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Six signals.
lowers riskraises risk
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Figures for financial year 2024 (filed 09-09-2025)
NBB · annual accounts
lowers risk · Founded in 1990
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Size: total assets €199,585
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 87 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline26-10-2026 today
raises risk · 2024 accounts filed 40 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-09-2025, 40 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
40 days late
2023
29 days late
2022
31 days late
2021
29 days late
2020
88 days late
2019
117 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 56 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Registered officeRegistered-office move
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Reappointments: Brigitte, Alain Emotte and 2…Gazette deed

Financials · financial year 2024, micro 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 26 October 2026.

Equity
€122,320▼ 5.6%
2023 · €129,610
Total assets
€199,585▲ 15.0%
2023 · €173,622
Net result
€35,567▲ 131%
2023 · €15,408
Working capital
€73,690▼ 3.6%
2023 · €76,436
Trend over the years

2020 to 2024, 5 financial years 2018 to 2024, 7 financial years

The operating result recovers in 2024; 2024 is 120% above 2023 and is the highest result in the available series.

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

Operating result€35,894 2024 Net result€35,567 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
Line2018201920202021202220232024
Operating result-€1,616-€17,932€11,642▼ 35.1%€26,279▲ 126%€22,272▼ 15.2%€16,330▼ 26.7%€35,894▲ 120%
Net result-€2,298-€17,549€11,292▼ 35.7%€27,826▲ 146%€23,502▼ 15.5%€15,408▼ 34.4%€35,567▲ 131%
Equity€34,033-€51,582▲ 51.6%€62,874▲ 21.9%€90,700▲ 44.3%€114,202▲ 25.9%€129,610▲ 13.5%€122,320▼ 5.6%
Total assets€134,001-€125,064▼ 6.7%€113,683▼ 9.1%€151,503▲ 33.3%€166,658▲ 10.0%€173,622▲ 4.2%€199,585▲ 15.0%
Debt€99,969-€73,482▼ 26.5%€50,809▼ 30.9%€60,803▲ 19.7%€52,457▼ 13.7%€44,012▼ 16.1%€77,265▲ 75.6%
Working capital-€60,903--€29,161▲ 52.1%-€3,677▲ 87.4%€23,338€51,879▲ 122%€76,436▲ 47.3%€73,690▼ 3.6%
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €199,585
Fixed assets €64,579 ▼ 6.6%
Current assets €135,005 ▲ 29.2%
Equity and liabilities €199,585
Equity €122,320 ▼ 5.6%
Debt €77,265 ▲ 75.6%
Debt's share of the balance-sheet total rises from 25.3% to 38.7%. Equity is lower and debt is higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€40,438▲
2023 · €25,479
Cash flow
€40,112▲
2023 · €24,557
Current ratio
2.20▼
2023 · 3.72
Debt to equity
0.63▲
2023 · 0.34
ROE
29.1%▲
2023 · 11.9%
ROA
17.8%▲
2023 · 8.9%
Interest coverage
over 100▲
2023 · 27.64
Debt ≤ 1 year
€61,315▲
2023 · €28,062
Debt > 1 year
€15,950=
2023 · €15,950
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 31,373 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93.5% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.5% went bankrupt
5.9% stopped otherwise
93.5% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 1.7% 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 497,475 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 31,373 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 2023 · 43 lines
Balance sheet Code20232024
Assets
Total assets20/58€173,622€199,585▲
Fixed assets21/28€69,124€64,579▼
Tangible fixed assets22/27€69,124€64,579▼
Land and buildings22€67,636€63,092▼
Furniture and vehicles24€1,487€1,487=
Current assets29/58€104,498€135,005▲
Amounts receivable within one year40/41-€989
Trade receivables40-€989
Cash at bank and in hand54/58€104,387€134,017▲
Deferred charges and accrued income490/1€112-
Equity and liabilities
Total equity and liabilities10/49€173,622€199,585▲
Equity10/15€129,610€122,320▼
Contributions10/11€110,000€110,000=
Capital10€110,000€110,000=
Issued capital100€110,000€110,000=
Reserves13€11,000€11,000=
Non-distributable reserves130/1€11,000€11,000=
Legal reserve130€11,000€11,000=
Profit (loss) carried forward14€8,610€1,320▼
Amounts payable17/49€44,012€77,265▲
Amounts payable after more than one year17€15,950€15,950=
Other amounts payable178/9€15,950€15,950=
Amounts payable within one year42/48€28,062€61,315▲
Trade debts44€9€777▲
Suppliers440/4€9€777▲
Taxes, remuneration and social security45-€12,857
Taxes450/3-€12,857
Other amounts payable47/48€28,054€47,680▲
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,150€4,544▼
Other operating charges640/8€30,613€18,557▼
Gross operating margin9900€56,092€58,995▲
Operating profit (loss)9901€16,330€35,894▲
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€922€326▼
Recurring financial charges65€922€326▼
Profit (loss) for the period before taxes9903€15,408€35,567▲
Profit (loss) for the period9904€15,408€35,567▲
Profit (loss) for the period to be appropriated9905€15,408€35,567▲
Appropriation of the result
Profit (loss) to be appropriated9906€8,610€44,177▲
Profit (loss) brought forward from the previous period14P-€6,798€8,610▲
Profit to be distributed694/7-€42,857
Return on contributions (dividend)694-€42,857

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2018201920202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17,213€14,193€14,193€10,618€10,201€9,150€4,544▼ 50.3%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4----€17,032----
Other operating charges640/8---€24,684€14,139€30,613€18,557▼ 39.4%
Gross operating margin9900€29,141€62,659€39,328€44,550€46,612€56,092€58,995▲ 5.2%
Operating profit (loss)9901-€1,616€17,932€11,642€26,279€22,272€16,330€35,894▲ 120%
Financial income75/76B---€1,984€1,926-€0-
Recurring financial income75-€9-€1,984€1,926-€0-
Financial charges65/66B---€301€546€922€326▼ 64.6%
Recurring financial charges65€527€233€259€301€546€922€326▼ 64.6%
Profit (loss) for the period before taxes9903-€2,143€17,708€11,383€27,963€23,651€15,408€35,567▲ 131%
Income taxes67/77€155€159€91€137€149---
Profit (loss) for the period9904-€2,298€17,549€11,292€27,826€23,502€15,408€35,567▲ 131%
Profit (loss) for the period to be appropriated9905-€2,298€17,549€11,292€27,826€23,502€15,408€35,567▲ 131%
Line2018201920202021202220232024Change
Assets
Total assets20/58€134,001€125,064€113,683€151,503€166,658€173,622€199,585▲ 15.0%
Fixed assets21/28€103,436€89,243€75,051€83,312€78,273€69,124€64,579▼ 6.6%
Tangible fixed assets22/27€103,436€89,243€75,051€83,312€78,273€69,124€64,579▼ 6.6%
Land and buildings22---€81,825€76,786€67,636€63,092▼ 6.7%
Furniture and vehicles24---€1,487€1,487€1,487€1,487=
Current assets29/58€30,565€35,821€38,632€68,191€88,385€104,498€135,005▲ 29.2%
Amounts receivable within one year40/41€13,542€10,147€6,782€6,759€6,432-€989-
Trade receivables40------€989-
Other amounts receivable41---€6,759€6,432---
Cash at bank and in hand54/58€16,135€24,759€31,769€61,432€81,954€104,387€134,017▲ 28.4%
Deferred charges and accrued income490/1-----€112--
Equity and liabilities
Total equity and liabilities10/49€134,001€125,064€113,683€151,503€166,658€173,622€199,585▲ 15.0%
Equity10/15€34,033€51,582€62,874€90,700€114,202€129,610€122,320▼ 5.6%
Contributions10/11€110,000€110,000€110,000€110,000€110,000€110,000€110,000=
Capital10---€110,000€110,000€110,000€110,000=
Issued capital100---€110,000€110,000€110,000€110,000=
Reserves13€11,000€11,000€11,000€11,000€11,000€11,000€11,000=
Non-distributable reserves130/1---€11,000€11,000€11,000€11,000=
Legal reserve130---€11,000€11,000€11,000€11,000=
Profit (loss) carried forward14-€86,967-€69,418-€58,126-€30,300-€6,798€8,610€1,320▼ 84.7%
Amounts payable17/49€99,969€73,482€50,809€60,803€52,457€44,012€77,265▲ 75.6%
Amounts payable after more than one year17€8,500€8,500€8,500€15,950€15,950€15,950€15,950=
Other amounts payable178/9---€15,950€15,950€15,950€15,950=
Amounts payable within one year42/48€91,469€64,982€42,309€44,853€36,507€28,062€61,315▲ 118%
Trade debts44€4,401€389€515€8,724€396€9€777▲ 89×
Suppliers440/4---€8,724€396€9€777▲ 89×
Taxes, remuneration and social security45----€149-€12,857-
Taxes450/3----€149-€12,857-
Other amounts payable47/48---€36,129€35,961€28,054€47,680▲ 70.0%
Line2018201920202021202220232024Change
Profit (loss) for the period9904-€2,298€17,549€11,292€27,826€23,502€15,408€35,567▲ 131%
+ Depreciation and write-downs630€17,213€14,193€14,193€10,618€10,201€9,150€4,544▼ 50.3%
Operating cash flow (approximation)€14,916€31,742€25,484€38,444€33,703€24,557€40,112▲ 63.3%
Investment in fixed assets (approximation)-€0€0-€18,880-€5,162€0€0-
Change in cash-€8,624€7,009€29,664€20,521€22,433€29,630▲ 32.1%

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 33 filings with the National Bank
Financial year Type Filed Reference
31-12-2024 micro format 09-09-2025 2025-00487413
31-12-2023 micro format 29-08-2024 2024-00394782
31-12-2022 micro format 31-08-2023 2023-00438027
31-12-2021 micro format 29-08-2022 2022-20352657
31-12-2020 micro format 27-10-2021 2021-73200276
31-12-2019 micro format 25-11-2020 2020-72000412
31-12-2018 micro format 06-09-2019 2019-63700003
31-12-2017 micro format 27-07-2018 2018-39500478
31-12-2016 micro format 31-08-2017 2017-59100054
31-12-2015 full format 31-08-2016 2016-54900114

Show all 33 filings

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

Directors

Directors
under verification, last change in 2023
This board is reconstructed from a single act (25030829). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.

Board 2

Alain Emotte
Director · since 08-05-2023
Current
Brigitte
Director · since 08-05-2023
Current

Day-to-day management 2

Brigitte Ernotte
Administrateur délégué chargé de la gestion journalière · since 08-05-2023
Current
Nelly Pirson
Administrateur délégué chargé de la gestion journalière · since 08-05-2023
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
3 of this company's 5 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.

Mandate history

4 people since 2023, 4 in office
Show
  • Board
  • Day-to-day management
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Alain Emotte
  • Director, since before 08-05-2023
Brigitte
  • Director, since before 08-05-2023
Brigitte Ernotte
  • Administrateur délégué chargé de la gestion journalière, since before 08-05-2023
Nelly Pirson
  • Administrateur délégué chargé de la gestion journalière, since before 08-05-2023
See the board, name and registered office on a given date →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

Group and network

Connections & network

2 current directors
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

On 6 November 1990, GESTION PLUS was incorporated.1 In 2026 the registered office moved to Embourg.2 Total assets went from €134,001 in 2018 to €199,585 in 2024.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 28-05-2026
  3. 3National Bank, annual accounts 2018 and 2024

Acts, filings and financial milestones

2026
28-05
Gazette deed Registered office
Registered-office move2 facts ▸
  • General meeting, 14-01-2026
  • Registered-office move, rue Hazette 42 à 4053 Embourg
2025
09-09
NBB filing Annual accounts filed
financial year 2024 · micro format · 40 days late
05-03
Gazette deed Reappointments: Brigitte, Alain Emotte and 2 others
5 facts ▸
  • General meeting, 15-05-2024
  • Director reappointment, Brigitte (director)
  • Director reappointment, Alain Emotte (director)
  • Director reappointment, Brigitte Ernotte (administrateur délégué chargé de la gestion journalière)
  • Director reappointment, Nelly Pirson (administrateur délégué chargé de la gestion journalière)
2024
31-12
Financial Highest result from 2018 to 2024net €35,567 ▲131%
Operating result €35,894, net result €35,567, both a record.
29-08
NBB filing Annual accounts filed
financial year 2023 · micro format · 29 days late
2023
31-08
NBB filing Annual accounts filed
financial year 2022 · micro format · 31 days late
2022
31-12
Financial Equity above €100,000equity €114,202 ▲25.9%
4 profitable years in a row build equity to €114,202.
29-08
NBB filing Annual accounts filed
financial year 2021 · micro format · 29 days late
2021
27-10
NBB filing Annual accounts filed
financial year 2020 · micro format · 88 days late
2020
25-11
NBB filing Annual accounts filed
financial year 2019 · micro format · 117 days late
2019
31-12
Financial Back to profitnet €17,549
Net result €17,549 after one loss-making year.
06-09
NBB filing Annual accounts filed
financial year 2018 · micro format · 37 days late
Show earlier events
2018
27-07
NBB filing Annual accounts filed
financial year 2017 · micro format
2017
31-08
NBB filing Annual accounts filed
financial year 2016 · micro format · 31 days late
2016
31-08
NBB filing Annual accounts filed
financial year 2015 · full format · 31 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 33 annual accounts filed, the latest 10 are here; all 33 are under Financials.
2 of 5 deeds read
About the unread acts

Of the 5 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Register details

Identification
Legal formPublic limited company
Founded06-11-1990
Financial year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0442396907
Registered 15-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 26 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Chaudfontaine · 1 establishment unit since 1990
registered office establishment The establishment unit on the map
Ground area
1,254 m²
Building footprint
285 m²
Building volume
2,129 m³
2 parcels, Wallonia · tallest building 10.2 m. Linked by address, not a title deed.
6 companies at this address See who is registered here
1 establishment unit
Rue de l'Yser 396, 4430 Ans
Activities of holding companies
since 1990unit no. 2.050.632.854
2 parcels
Wallonia 2 (100%)
Cadastral parcel Region Area Buildings Height / floors
62030C0248/00V005 Wallonia 829 m² 1 · 207 m² 7.5 m · 2
62003A0004/00B006 Wallonia 425 m² 1 · 79 m² 10.2 m · 3
How the parcels are linked
Good to know
Both parcels match the address exactly.