Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 11 % of short-term debt in 2024; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2024
GODFROID-GERLACHE from Namur, company number BE0444135581, closed financial year 2024 with a result of € -27,470 after tax. For that financial year GODFROID-GERLACHE recorded a gross margin of € 200,163 and equity of € -7,218. Compared with financial year 2023, the result moved from € 20,975 to € -27,470. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on February 21, 2025.
€ -7,218
▼ € 27,470 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -27,470
▼ still € 20,975 profit in 2023
Profit after tax over the fiscal year.
€ 1,277
▼ 97% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -13,415.
People and assets in 2024
3.6
▲ 0.6 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 176,405
▲ 20% vs 2023
€ 49,000 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 73,248
▼ 16% vs 2023
Of which on lease € 42,036.
Debts at end 2024
€ 144,397
▼ 20% vs 2023
€ 48,267 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 15,360
▼ 78% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 6,346
▼ 68% vs 2023
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 93,715 | € 72,613 | € 199,977 | € 200,163 | |
| Profit after taxes | € 1,014 | € 14,595 | € 20,975 | € -27,470 | ▼ € 48,445 |
| Equity | € 69,683 | € 54,278 | € 20,252 | € -7,218 | ▼ € 27,470 |
| Total debts | € 89,457 | € 146,214 | € 371,825 | € 329,588 | ▼ 11% |
| Cash | € 79,629 | € 46,835 | € 44,387 | € 1,277 | ▼ 97% |
| Retained profit | € 63,486 | € 48,080 | € 14,055 | € -13,415 | ▼ € 27,470 |
| Dividend | € 0 | € 30,000 | € 55,000 | € 0 | ▼ 100% |
| Bank debt | € 61,615 | € 54,632 | € 180,607 | € 144,397 | ▼ 20% |
| Balance sheet total | € 159,141 | € 200,492 | € 392,078 | € 322,370 | ▼ 18% |
| Employees (FTE) | - | - | 3 | 3.6 | ▲ 0.6 |
Key figures of GODFROID-GERLACHE, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 30 January 2026.
What happened to GODFROID-GERLACHE?
What happened at GODFROID-GERLACHE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
GODFROID-GERLACHE is active according to the CBE. Legal situation: Opening faillissement.
- Luc DE MUNCK stepped down as director. NBB
- New annual accounts for financial year 2024: loss of € 27,470 (▼ € 48,445 vs 2023). filed late Source: NBB ↗
- Luc DE MUNCK became a director. NBB
- Duncan GODFROID stepped down as director. NBB
- New establishment in Namur. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,014 profit in 2021 to € 27,470 loss in 2024.
Paid € 10,798 in corporate taxes since 2021.
Best year ever: 2023, with € 20,975 profit.
On average € 55,600 of value added per employee in 2024.
A new publication or filing at GODFROID-GERLACHE? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of JADYM comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
GODFROID-GERLACHEBehind GODFROID-GERLACHE is DE MUNCK SRL. The shares are held by JADYM (100%).
Directors
According to the 2024 annual accounts
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue Hector Fontaine(VD) 10
5020 Namur
Rue Charles Lamquet(JB) 53
5100 Namur
Active since 12 July 1991
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0444.135.581
- VAT number
- BE 0444.135.581
- Registered office
- Rue Hector Fontaine(VD) 10, 5020 Namur
- Names & denominations
- GODFROID-GERLACHE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 8 May 1991
- Peppol
- Not registered
- Activities · NACE
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