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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 30 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GERT CARDON from Aalst, company number BE0476898718, closed financial year 2025 with a result of € -30,279 after tax. For that financial year GERT CARDON recorded a gross margin of € 7,420 and equity of € 61,318. Compared with financial year 2024, the result moved from € -20,221 to € -30,279. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 11, 2026.
€ 61,318
▼ 33% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -30,279
▼ 50 % more loss than in 2024
Profit after tax over the fiscal year.
€ 16,464
▼ 45% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 53,918.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 1,139
▼ 81% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 84,786
▼ 32% vs 2024
€ 37,829 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 9,610
▲ 217% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 432
▲ 92% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 175,416 | € 25,363 | € 23,355 | € 7,420 | ▼ 68% |
| Profit after taxes | € 115,463 | € -18,395 | € -20,221 | € -30,279 | ▼ € 10,057 |
| Equity | € 148,571 | € 111,818 | € 91,596 | € 61,318 | ▼ 33% |
| Total debts | € 226,997 | € 182,141 | € 134,775 | € 130,956 | ▼ 3% |
| Cash | € 139,700 | € 85,445 | € 30,010 | € 16,464 | ▼ 45% |
| Land & buildings | € 219,090 | € 206,942 | € 193,683 | € 173,494 | ▼ 10% |
| Retained profit | € 141,171 | € 104,418 | € 84,196 | € 53,918 | ▼ 36% |
| Dividend | € 0 | € 18,359 | € 0 | € 0 | |
| Bank debt | € 203,392 | € 164,522 | € 124,991 | € 84,786 | ▼ 32% |
| Balance sheet total | € 390,569 | € 308,647 | € 240,506 | € 199,869 | ▼ 17% |
Key figures of GERT CARDON, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to GERT CARDON?
What happened at GERT CARDON in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 30,279. filed late Source: NBB ↗
- New establishment in Aalst. KBO
- New establishment in Aalst. KBO
- Start of the company according to the CBE. KBO
In short
From € 115,463 profit in 2022 to € 30,279 loss in 2025.
Paid € 1,286 in corporate taxes since 2022.
Best year ever: 2022, with € 115,463 profit.
Paid out € 18,359 in dividends to the owners in total.
Management
Behind GERT CARDON is Gert Cardon. Gert Cardon is also behind Autonoom Gemeentebedrijf SportAG.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Kloosterweg 51
9300 Aalst
Kaai 1
9320 Aalst
Active since 8 September 2014
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0476.898.718
- VAT number
- BE 0476.898.718
- Registered office
- Kloosterweg 51, 9300 Aalst
- Names & denominations
- GERT CARDON
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 February 2002
- Peppol
- Active · Active since 14 Jan 2025
- Activities · NACE
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