GERARD
ActiveSummary
The computed 12-month bankruptcy probability of GERARD is 3.0% (moderate). The 2024 annual accounts show equity of €298k and a net result of €27k. Equity is growing by ~17.5% per year across the filed fiscal years. Its solvency ranks better than 79% of 36375 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
74
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability77▼-10
Solvency98▲+10
Growth52=
Track record100
Bankruptcy probability, 12 months
3.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €22k at 30 days acceptable
Liquidity ample (current ratio 1.86 against 1.88 in 2023; short-term debt: 26.5% and cash: 34.4% of total assets), and 27% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-06-2025, 35 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
35 d early
2023
30 d early
2022
46 d early
2021
47 d early
2020
40 d early
2019
57 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€298k▲ 9.8%
2023 · €272k
2019: €129k
2020: €120k
2021: €199k
2022: €210k
2023: €272k
2019 → 2024
Total assets
€408k▼ 4.9%
2023 · €429k
2019: €352k
2020: €333k
2021: €417k
2022: €397k
2023: €429k
2019 → 2024
Net result
€27k▼ 56.6%
2023 · €61k
2019: €116k
2020: €-9k
2021: €79k
2022: €5k
2023: €61k
2019 → 2024
Working capital
€93k▼ 15.4%
2023 · €110k
2019: €122k
2020: €99k
2021: €187k
2022: €154k
2023: €110k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€120k-€199k▲ 65.7%€210k▲ 5.6%€272k▲ 29.2%€298k▲ 9.8%
Operating result€-6k-€97k€7k▼ 92.3%€75k▲ 910%€34k▼ 54.4%
Net result€-9k-€79k€5k▼ 93.8%€61k▲ 1,156%€27k▼ 56.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 54% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €408k
Fixed assets
€207k ▲ 6.9%
Current assets
€202k ▼ 14.5%
Equity and liabilities €408k
Equity
€298k ▲ 9.8%
Debt
€110k ▼ 30.1%
Debt's share of the balance-sheet total falls from 36.7% to 27.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€91k▼
2023 · €128k
Cash flow
€83k▼
2023 · €114k
Current ratio
1.86▼
2023 · 1.88
Quick ratio
1.80▲
2023 · 1.66
Debt to equity
0.37▼
2023 · 0.58
ROE
8.9%▼
2023 · 22.6%
ROA
6.5%▼
2023 · 14.3%
Interest coverage
152.49▲
2023 · 101.43
Debt ≤ 1 year
€108k▼
2023 · €126k
Debt > 1 year
€2k▼
2023 · €10k
Income taxes
€7k▼
2023 · €13k
Staff costs
€68k▼
2023 · €106k
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 · 2024 against 2023 · 48 lines
Balance sheet
Code20232024
Assets
Total assets20/58€429k€408k▼
Fixed assets21/28€194k€207k▲
Tangible fixed assets22/27€193k€207k▲
Plant, machinery and equipment23€43k€29k▼
Furniture and vehicles24€145k€174k▲
Other tangible fixed assets26€5k€4k▼
Financial fixed assets28€315€315=
Current assets29/58€236k€202k▼
Stocks and contracts in progress3€27k€6k▼
Stocks30/36€27k€6k▼
Amounts receivable within one year40/41€77k€41k▼
Trade receivables40€57k€36k▼
Other amounts receivable41€20k€6k▼
Cash at bank and in hand54/58€122k€140k▲
Deferred charges and accrued income490/1€10k€13k▲
Equity and liabilities
Total equity and liabilities10/49€429k€408k▼
Equity10/15€272k€298k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€251k€278k▲
Amounts payable17/49€158k€110k▼
Amounts payable after more than one year17€10k€2k▼
Financial debts170/4€10k€2k▼
Amounts payable within one year42/48€126k€108k▼
Current portion of amounts payable after more than one year42€44k€8k▼
Trade debts44€3k€10k▲
Suppliers440/4€3k€10k▲
Taxes, remuneration and social security45€30k€37k▲
Taxes450/3€17k€17k▼
Remuneration and social security454/9€13k€20k▲
Other amounts payable47/48€49k€53k▲
Accrued charges and deferred income492/3€22k-
Income statement
Code20232024
Remuneration, social security and pensions62€106k€68k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€52k€57k▲
Other operating charges640/8€3k€3k▲
Gross operating margin9900€236k€161k▼
Operating profit (loss)9901€75k€34k▼
Financial income75/76B€66€6▼
Recurring financial income75€66€6▼
Financial charges65/66B€1k€598▼
Recurring financial charges65€1k€598▼
Profit (loss) for the period before taxes9903€74k€34k▼
Income taxes67/77€13k€7k▼
Profit (loss) for the period9904€61k€27k▼
Profit (loss) for the period to be appropriated9905€61k€27k▼
Appropriation of the result
Profit (loss) to be appropriated9906€251k€278k▲
Profit (loss) brought forward from the previous period14P€190k€251k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
15-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €200kEq €210k ▲5.6%
2 profitable years in a row build equity to €210k.
14-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €79k
Net result €79k after one loss-making year.
31-12
Financial
Equity above €150kEq €199k ▲65.7%
Equity rises from €120k to €199k.
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-9k ▼107%
Net result drops to €-9k, the lowest in the series; recovery starts the following year.
04-06
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
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, Andenne · 2 establishment units since 2019
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 Provost 335300 AndenneGround area
5,287 m²
Building footprint
1,347 m²
2 parcels, Wallonia. Linked by address, not a title deed.
2 establishment units
Jean-Philippe GERARD
since 20192.285.785.204
Jean-Philippe GERARD
since 20192.322.611.055
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92411A0299/00D003 | Wallonia | 3,440 m² | 1 · 1,215 m² | - |
| 92003H0591/00X002 | Wallonia | 1,847 m² | 1 · 132 m² | - |
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.
Similar companies · same sector, comparable size
GORIS
BE 0446.368.462
Hoogstraten · Eq €298,758
Zeno Charged
BE 0784.365.457
Antwerpen · Eq €297,113
M & T SOLUTIONS
BE 0553.754.192
Bonheiden · Eq €296,744
MOHY EQUIPEMENT
BE 0457.052.716
Paliseul · Eq €295,326
NEW CRISTALMED
BE 0560.987.721
Nivelles · Eq €295,023
Of 4,097 companies in sector 43240 we hold annual accounts for 1,632. 1,180 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-02-2019
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
43240Other construction installation
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:gerardjph@skynet.be
Phone:+32475800679