Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2023 and 2024.
-
Tight liquidity NBB
Cash and receivables cover 60 % of short-term debt in 2024; threshold 65 %.
-
Figures corrected NBB
Corrected annual account filed for 2021.
Financials
Financial year 2024
GERVAISE from Waterloo, company number BE0446209995, closed financial year 2024 with a result of € -14,860 after tax. For that financial year GERVAISE recorded a gross margin of € 156,439 and equity of € -65,567. Compared with financial year 2023, the result moved from € -23,636 to € -14,860. 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 September 16, 2025.
€ -65,567
▼ € 14,860 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -14,860
▲ 37 % less loss than in 2023
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -71,764.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 90,245
▼ 18% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2024
€ 18,150
▼ 24% vs 2023
€ 8,278 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 14,857
▲ 61% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 6,244
▼ 38% vs 2023
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 206,639 | € 214,256 | € 163,241 | € 156,439 | ▼ 4% |
| Profit after taxes | € 11,156 | € -52,126 | € -23,636 | € -14,860 | ▲ € 8,776 |
| Equity | € 44,506 | € -27,071 | € -50,707 | € -65,567 | ▼ € 14,860 |
| Total debts | € 71,066 | € 66,839 | € 86,448 | € 90,542 | ▲ 5% |
| Cash | € 27,779 | € 7,570 | € 7,399 | - | |
| Retained profit | € 38,309 | € -33,268 | € -56,904 | € -71,764 | ▼ € 14,860 |
| Dividend | € 43,000 | € 19,450 | € 0 | € 0 | |
| Bank debt | € 32,298 | € 13,345 | € 24,003 | € 18,150 | ▼ 24% |
| Balance sheet total | € 115,572 | € 90,572 | € 93,751 | € 85,028 | ▼ 9% |
Key figures of GERVAISE, 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 31 July 2026.
What happened to GERVAISE?
What happened at GERVAISE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 14,860. filed late Source: NBB ↗
- New establishment in Waterloo. KBO
- Start of the company according to the CBE. KBO
In short
From € 11,156 profit in 2021 to € 14,860 loss in 2024.
Paid € 8,331 in corporate taxes since 2021.
Best year ever: 2021, with € 11,156 profit.
Paid out € 62,450 in dividends to the owners in total.
Management
Behind GERVAISE is STEPHANE GERVAISE.
Directors
According to the 2024 annual accounts
STEPHANE GERVAISE
Director
Establishments
Establishment units
Physical locations of this company
Rue Pastur (Jacques) 11
1410 Waterloo
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0446.209.995
- VAT number
- BE 0446.209.995
- Registered office
- Rue Pastur (Jacques) 11, 1410 Waterloo
- Names & denominations
- GERVAISE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 December 1991
- Peppol
- Active · Active since 30 Dec 2025
- Activities · NACE
Landschapsverzorging
Diensten in verband met de landbouw; aanleg en onderhoud van tuinen en parken
Diensten verwant aan de bosbouw en de bosexploitatie
Ondersteunende diensten in verband met de bosbouw