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.
-
Tight liquidity NBB
Cash and receivables cover 65 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
GERRITSEN from Geraardsbergen, company number BE0507775501, closed financial year 2024 with a result of € 11,205 after tax. For that financial year GERRITSEN recorded a gross margin of € 12,788 and equity of € -11,021. Compared with financial year 2023, the result moved from € -19,936 to € 11,205. Profitable, and profit is growing. 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 August 26, 2025.
€ -11,021
▲ € 11,205 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 11,205
▲ still € 19,936 loss in 2023
Profit after tax over the fiscal year.
€ 7,242
▲ 37% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € -17,252.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 34,232
▼ 5% vs 2023
Supplier invoices still open on the last day of the fiscal year.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € -2,457 | € 2,675 | € -18,181 | € 12,788 | ▲ € 30,969 |
| Profit after taxes | € -4,838 | € -4,130 | € -19,936 | € 11,205 | ▲ € 31,141 |
| Equity | € 1,840 | € -2,289 | € -22,226 | € -11,021 | ▲ € 11,205 |
| Total debts | € 36,143 | € 46,644 | € 67,650 | € 98,503 | ▲ 46% |
| Cash | € 14,182 | € 8,449 | € 5,288 | € 7,242 | ▲ 37% |
| Retained profit | € -4,391 | € -8,520 | € -28,457 | € -17,252 | ▲ € 11,205 |
| Balance sheet total | € 37,984 | € 44,355 | € 45,424 | € 87,482 | ▲ 93% |
Key figures of GERRITSEN, 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 GERRITSEN?
What happened at GERRITSEN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 11,205. filed late Source: NBB ↗
- New establishment in Geraardsbergen. KBO
- Start of the company according to the CBE. KBO
In short
From € 4,838 loss in 2021 to € 11,205 profit in 2024.
Best year ever: 2024, with € 11,205 profit.
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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
Directors
According to the 2024 annual accounts
GERT DE COCK
Director
Establishments
Establishment units
Physical locations of this company
Oudenaardsestraat 224
9500 Geraardsbergen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0507.775.501
- VAT number
- BE 0507.775.501
- Registered office
- Oudenaardsestraat 224, 9500 Geraardsbergen
- Names & denominations
- GERRITSEN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 December 2014
- Peppol
- Active · Active since 29 Jan 2026
- Activities · NACE
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