LA GERONSTERE
ActiveLA GERONSTERE has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-31k) and a net result of €-52k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 19% of 493 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2024
7
/ 100
Critical▼ -53 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency36▲+14
Growth32▼-46
Stability100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.63 against 1.14 in 2023), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+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 2024Solvency, return and age of the figures
Solvency
-11.6%
Return on assets
-19.4%
Age of the figures
20 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 55
Relative position
BE, all sectors
reference
Sector 55
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
Equity is negative for financial year 2024: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2024Equity per financial year
192021222324
2019 to 2024 · latest year -€31k
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-12-2025, 153 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
153 d late
2023
54 d early
2022
60 d late
2021
82 d late
2020
135 d late
2019
1 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-52k
2023 · €21k
2019: €-4k
2020: €39k
2021: €96k
2022: €97k
2023: €21k
2019 → 2024
Working capital
€-111k
2023 · €23k
2019: €15k
2020: €53k
2021: €150k
2022: €19k
2023: €23k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€53k-€150k▲ 180%€19k▼ 87.6%€22k▲ 15.8%€-31k
Operating result€48k-€129k▲ 170%€139k▲ 7.4%€32k▼ 77.3%€-46k
Net result€39k-€96k▲ 149%€97k▲ 1.1%€21k▼ 78.5%€-52k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €46k after €32k in 2023, the lowest year so far.
Balance-sheet composition
Assets €189k
Fixed assets
€2k
Current assets
€187k
Key figures and ratios
EBITDA
€-45k
Cash flow
€-51k
Solvency
-11.6%▼
2023 · 11.5%
Current ratio
0.63▼
2023 · 1.14
Quick ratio
0.54▼
2023 · 1.08
Debt / equity
-9.62▼
2023 · 7.58
ROE
166.8%▲
2023 · 97.2%
ROA
-19.4%▼
2023 · 11.2%
Interest coverage
-7.24
Debt
€299k▲
2023 · €163k
Debt ≤ 1 year
€298k▲
2023 · €163k
Staff costs
€176k▲
2023 · €49k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€187k€268k▲
Formation expenses20-€79k
Fixed assets21/28-€2k
Tangible fixed assets22/27-€2k
Furniture and vehicles24-€2k
Current assets29/58€187k€187k=
Stocks and contracts in progress3€10k€26k▲
Stocks30/36€10k€26k▲
Amounts receivable within one year40/41€100k€96k▼
Trade receivables40€51k€93k▲
Other amounts receivable41€49k€3k▼
Cash at bank and in hand54/58€75k€62k▼
Deferred charges and accrued income490/1€2k€4k▲
Equity and liabilities
Total equity and liabilities10/49€187k€268k▲
Equity10/15€22k€-31k▼
Contributions10/11€600€600=
Profit (loss) carried forward14€21k€-32k▼
Provisions and deferred taxes16€2k-
Provisions for liabilities and charges160/5€2k-
Other liabilities and charges164/5€2k-
Amounts payable17/49€163k€299k▲
Amounts payable within one year42/48€163k€298k▲
Trade debts44€8k€230k▲
Suppliers440/4€8k€230k▲
Advances received on contracts in progress46-€9k
Taxes, remuneration and social security45€9k€56k▲
Taxes450/3€6k€13k▲
Remuneration and social security454/9€3k€42k▲
Other amounts payable47/48€146k€2k▼
Accrued charges and deferred income492/3-€938
Income statement
Code20232024
Remuneration, social security and pensions62€49k€176k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€536
Provisions for liabilities and charges: additions (uses and reversals)635/8€2k€-2k▼
Other operating charges640/8€3k€3k▲
Operating charges capitalised as restructuring costs649-€-79k
Gross operating margin9900€86k€54k▼
Operating profit (loss)9901€32k€-46k▼
Financial income75/76B€80€6▼
Recurring financial income75€80€6▼
Financial charges65/66B€2k€6k▲
Recurring financial charges65€2k€6k▲
Profit (loss) for the period before taxes9903€29k€-52k▼
Income taxes67/77€8k-
Profit (loss) for the period9904€21k€-52k▼
Profit (loss) for the period to be appropriated9905€21k€-52k▼
Appropriation of the result
Profit (loss) to be appropriated9906€21k€-31k▼
Profit (loss) brought forward from the previous period14P-€21k
Profit to be distributed694/7-€789
Return on contributions (dividend)694-€789
Social balance
Average headcount (FTE)90870.84.2▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-12
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 153 days late
2024
31-12
Financial
Weakest financial yearnet €-52k ▼347%
Net result drops to €-52k, the lowest in the series.
07-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 60 days late
2022
31-12
Financial
Highest result since 2019net €97k ▲1.1%
Operating result €139k, net result €97k, both a record.
21-10
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 82 days late
2021
31-12
Financial
Equity above €100kEq €150k ▲180%
2 profitable years in a row build equity to €150k.
13-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 135 days late
2020
31-12
Financial
Back to profitnet €39k
Net result €39k after one loss-making year.
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Spa · 1 establishment unit since 2018
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.
Rue Rogier 144900 SpaGround area
4,783 m²
Building footprint
439 m²
Volume, LiDAR
4,836 m³
2 parcels, Wallonia · tallest building 21.1 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
TROTI’TRAIL
since 20182.277.126.666
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63072C0002/00C000 | Wallonia | 4,696 m² | 1 · 313 m² | 21.1 m · 3 fl. |
| 63072G0113/00G000 | Wallonia | 87 m² | 1 · 126 m² | 17.4 m · 5 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.
Recognitions · licences · registrations
Food safety, FASFC
1 site · 1 with a smileySpa2.277.126.666
Similar companies · same sector, comparable size
BEILA
BE 0692.647.997
Bilzen-Hoeselt · Eq €22k
RALPHY
BE 0743.816.586
Deinze · Eq €22k
CJ BRUSSELS APARTMENTS
BE 0830.599.419
Brussel · Eq €22k
MOULISMART
BE 0738.405.570
Rochefort · Eq €22k
Hostelia
BE 0421.132.131
Elsene · Eq €22k
Of 2,395 companies in sector 55100 we hold annual accounts for 1,516. 690 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-07-2018
Fiscal year end31-12
Activities, NACEBEL
55100Hotels and similar accommodation
56101Full-service restaurants
56111Full-service restaurants
56210Event catering
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.