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GETRASO

Active
Public limited companyfounded 198936 yrs activeCoupure 305, 9000 Gent, BelgiumKBO/BCE: BE 0438.809.291
Summary

The computed 12-month bankruptcy probability of GETRASO is 4.3% (elevated). The 2025 annual accounts show negative equity (-€269,276) and a net result of -€3,918. Equity is growing by ~12.8% per year across the filed fiscal years. The company has been active since 1989 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 2 administrative register entries (see administrative flags).

Checked score

Score 2025
Axes · tick = 2024
Profitability0=
Solvency0=
Growth78=
Track record84
Bankruptcy probability, 12 months
4.3% Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
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Signals

Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Age of the figures
Age of the figures
9 mo
raises risk · Recent warning signals
The last 24 months brought warning signals in the Staatsblad or the KBO, and those often pile up before a bankruptcy.
Belgian State Gazette
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 36 years 0 40 y
raises risk · Ex-officio strike-off
The KBO struck this company off ex officio, which points to unmet obligations and often precedes a bankruptcy.
KBO publications
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€269,276
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-07-2026, 21 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
21 d early
2024
15 d early
2023
14 d early
2022
19 d early
2021
17 d early
2020
22 d early
2019
14 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 17 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publications
Publications
Address struckAddress strikeout annulled
Checked, nothing found (1)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 14 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline

History

On 10 November 1989, GETRASO was incorporated.1 Total assets went from EUR 711,101 in 2018 to EUR 1,077 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2025, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€3,918▲ 58.5%
2024 · -€9,443
Working capital
-€269,276▼ 1.5%
2024 · -€265,358
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€12,308▼ 53.1%€289,520€140,570▼ 51.4%-€9,438-€3,839▲ 59.3%
Net result-€12,312▼ 52.8%€289,516€93,630▼ 67.7%-€9,443-€3,918▲ 58.5%
Equity-€639,060▼ 2.0%-€349,545▲ 45.3%-€255,915▲ 26.8%-€265,358▼ 3.7%-€269,276▼ 1.5%
Total assets€717,546▲ 1.0%€324▼ 100.0%€1,054▲ 226%€1,077▲ 2.2%€616▼ 42.8%
Debt€1.4m▲ 1.4%€349,868▼ 74.2%€256,968▼ 26.6%€266,435▲ 3.7%€269,892▲ 1.3%
Working capital-€865,469▼ 1.4%-€349,545▲ 59.6%-€255,915▲ 26.8%-€265,358▼ 3.7%-€269,276▼ 1.5%
Result per fiscal year
Operating resultNet result
-€100,000€0€100,000€200,000€300,000Operating result 2021: -€12,308-€12,308Net result 2021: -€12,312-€12,312Operating result 2022: €289,520€289,520Net result 2022: €289,516€289,516Operating result 2023: €140,570€140,570Net result 2023: €93,630€93,630Operating result 2024: -€9,438-€9,438Net result 2024: -€9,443-€9,443Operating result 2025: -€3,839-€3,839Net result 2025: -€3,918-€3,91820212022202320242025-€50,000€0€50,000€100,000€150,000Operating result 2023: €140,570€141,000Net result 2023: €93,630€93,600Operating result 2024: -€9,438-€9,440Net result 2024: -€9,443-€9,440Operating result 2025: -€3,839-€3,840Net result 2025: -€3,918-€3,920202320242025
The operating result stays negative: a loss of €3,839 in 2025 against €9,438 in 2024; the loss shrinks.
Key figures and ratios
2025 value · change against 2024
Debt ≤ 1 year
€269,892▲
2024 · €266,435
Income taxes
€74
Ratios withheld: a balance sheet total of €616 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,639 companies that looked in July 2024 the way this one looks now, 4.1% went bankrupt within 24 months and 84% are still going.

  • Micro
  • 20 years or older
  • negative equity
  • a loss of 10% of the balance sheet or more
4.1% went bankrupt
9.8% stopped otherwise
84% still going

A further 2.0% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 4.3% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 6,639 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 · 2025 against 2024 · 27 lines
Balance sheet Code20242025
Assets
Total assets20/58€1,077€616▼
Current assets29/58€1,077€616▼
Amounts receivable within one year40/41€587€587=
Trade receivables40€587€587=
Current investments50/53-€29
Cash at bank and in hand54/58€490-
Equity and liabilities
Total equity and liabilities10/49€1,077€616▼
Equity10/15-€265,358-€269,276▼
Contributions10/11€205,567€205,567=
Capital10€205,567€205,567=
Issued capital100€247,894€247,894=
Uncalled capital101€42,327€42,327=
Profit (loss) carried forward14-€470,925-€474,843▼
Amounts payable17/49€266,435€269,892▲
Amounts payable within one year42/48€266,435€269,892▲
Other amounts payable47/48€266,435€269,892▲
Income statement Code20242025
Other operating charges640/8€141€2,094▲
Gross operating margin9900-€9,298-€1,745▲
Operating profit (loss)9901-€9,438-€3,839▲
Financial charges65/66B€5€5=
Recurring financial charges65€5€5=
Profit (loss) for the period before taxes9903-€9,443-€3,844▲
Income taxes67/77-€74
Profit (loss) for the period9904-€9,443-€3,918▲
Profit (loss) for the period to be appropriated9905-€9,443-€3,918▲
Appropriation of the result
Profit (loss) to be appropriated9906-€470,925-€474,843▼
Profit (loss) brought forward from the previous period14P-€461,482-€470,925▼
Line20212022202320242025Change
Non-recurring operating income76A-€306,236----
Other operating charges640/8€615€369€132€141€2,094▲ 1,390%
Gross operating margin9900-€11,693€289,890€140,701-€9,298-€1,745▲ 81.2%
Operating profit (loss)9901-€12,308€289,520€140,570-€9,438-€3,839▲ 59.3%
Financial income75/76B€1€0----
Recurring financial income75€1€0----
Financial charges65/66B€5€5€12€5€5=
Recurring financial charges65€5€5€12€5€5=
Profit (loss) for the period before taxes9903-€12,312€289,516€140,557-€9,443-€3,844▲ 59.3%
Income taxes67/77--€46,927-€74-
Profit (loss) for the period9904-€12,312€289,516€93,630-€9,443-€3,918▲ 58.5%
Profit (loss) for the period to be appropriated9905-€12,312€289,516€93,630-€9,443-€3,918▲ 58.5%
Line20212022202320242025Change
Assets
Total assets20/58€717,546€324€1,054€1,077€616▼ 42.8%
Fixed assets21/28€226,409-----
Financial fixed assets28€226,409-----
Current assets29/58€491,137€324€1,054€1,077€616▼ 42.8%
Amounts receivable within one year40/41€481,216--€587€587=
Trade receivables40€481,216--€587€587=
Current investments50/53----€29-
Cash at bank and in hand54/58€9,921€324€1,054€490--
Equity and liabilities
Total equity and liabilities10/49€717,546€324€1,054€1,077€616▼ 42.8%
Equity10/15-€639,060-€349,545-€255,915-€265,358-€269,276▼ 1.5%
Contributions10/11€205,567€205,567€205,567€205,567€205,567=
Capital10€205,567€205,567€205,567€205,567€205,567=
Issued capital100€247,894€247,894€247,894€247,894€247,894=
Uncalled capital101€42,327€42,327€42,327€42,327€42,327=
Profit (loss) carried forward14-€844,627-€555,112-€461,482-€470,925-€474,843▼ 0.8%
Amounts payable17/49€1.4m€349,868€256,968€266,435€269,892▲ 1.3%
Amounts payable within one year42/48€1.4m€349,868€256,968€266,435€269,892▲ 1.3%
Trade debts44€12,239€5,202€4,703---
Suppliers440/4€12,239€5,202€4,703---
Taxes, remuneration and social security45€47,865€47,865----
Taxes450/3€47,865€47,865----
Other amounts payable47/48€1.3m€296,802€252,265€266,435€269,892▲ 1.3%
Line20212022202320242025Change
Profit (loss) for the period9904-€12,312€289,516€93,630-€9,443-€3,918▲ 58.5%
Operating cash flow (approximation)-€12,312€289,516€93,630-€9,443-€3,918▲ 58.5%
Change in cash--€9,597€730-€563--

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
10-07
NBB filing Annual accounts filed
fiscal year 2025 · full schema
17-04
KBO administration Address strikeout annulled
30-03
KBO administration Address struck
event 05-03-2026
2025
16-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
17-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
12-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial Back to profitnet €289,516
Net result €289,516 after 4 loss-making years.
14-07
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial Weakest financial yearnet -€12,312
Net result drops to -€12,312, the lowest in the series; recovery starts the following year.
09-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
17-07
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
17-07
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
20-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
11-07
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts

We know of 5 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
5 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
Registered office, Gent · 1 establishment unit since 1989
seat establishment The establishment unit on the map
Ground area
937 m²
Building footprint
443 m²
Volume, LiDAR
7,966 m³
Parcel 44806F0580/00H012, Flanders · tallest building 20.6 m, ±6 floors. Linked by address, not a title deed.
5 companies at this address See who is registered here
1 establishment unit
GETRASO NV
Coupure 305, 9000 GentAir transport
since 19892.045.893.712
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44806F0580/00H012
ProtectedMonument · Townscape or village viewCoupure en LeieSource ↗
Flanders 937 m² 1 · 442 m² 20.6 m · 6 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.

Structure & network

Owners and holdings

1 owner · 1 holding

Chain of control

  1. ASTRACOL 100%
  2. GETRASO

Highest known parent: ASTRACOL. The sources do not say who stands above it.

Owners 1

Holdings 1

  • EUROJUS sp PRZETWORNIA OWOCOWO-WARZYWNAPLsubsidiary
    Equity PLN 4.15bnResult -PLN 250.0m
    98.42%

According to the 2025 annual accounts of GETRASO and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Identification & contact

Identification
Legal formPublic limited company
Founded10-11-1989
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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

Register as of 28 September 2026 · Peppol Directory

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