Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 32 % of short-term debt in 2024; threshold 65 %.
-
Busy address KBO
14 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
BT GERONSTERE from Spa, company number BE0699497088, closed financial year 2024 with a result of € -17,266 after tax. For that financial year BT GERONSTERE recorded a gross margin of € -7,991 and equity of € 13,693. Compared with financial year 2023, the result moved from € 19,461 to € -17,266. The company made a loss. The buffer shrank hard: equity is 84 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on December 31, 2025.
€ 13,693
▼ 84% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -17,266
▼ still € 19,461 profit in 2023
Profit after tax over the fiscal year.
€ 4,224
▼ 96% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 13,093.
People and assets in 2024
€ 44,960
▲ 49% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 240,152
▲ 203% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 1,477
▼ 77% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 99,297 | € 124,345 | € 48,121 | € -7,991 | ▼ € 56,112 |
| Profit after taxes | € 38,673 | € 83,264 | € 19,461 | € -17,266 | ▼ € 36,727 |
| Equity | € 106,716 | € 85,240 | € 86,701 | € 13,693 | ▼ 84% |
| Total debts | € 86,421 | € 121,739 | € 131,186 | € 271,344 | ▲ 107% |
| Cash | € 13,096 | € 99,075 | € 116,511 | € 4,224 | ▼ 96% |
| Retained profit | € 88,116 | € 66,640 | € 86,101 | € 13,093 | ▼ 85% |
| Dividend | € 800 | € 104,740 | € 0 | € 55,742 | |
| Bank debt | € 8,000 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 195,062 | € 206,979 | € 217,887 | € 285,037 | ▲ 31% |
Key figures of BT GERONSTERE, 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 BT GERONSTERE?
What happened at BT GERONSTERE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 17,266 (▼ € 36,727 vs 2023). filed late Source: NBB ↗
- Nicolas MALHERBE became a director. NBB
- HAPPY HOUSE CONSTRUCT SRL became a director. NBB
- Barbara KRICKEL became a director. NBB
- Bruno TASSART stepped down as director. NBB
- Bruno TASSART became a director. NBB
- New establishment in Spa. KBO
- Start of the company according to the CBE. KBO
In short
From € 38,673 profit in 2021 to € 17,266 loss in 2024.
Paid € 44,915 in corporate taxes since 2021.
Best year ever: 2022, with € 83,264 profit.
Paid out € 161,282 in dividends to the owners in total.
Management
The stake of HAPPY HOUSE CONSTRUCT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
BT GERONSTEREBehind BT GERONSTERE are Nicolas MALHERBE, Barbara KRICKEL and HAPPY HOUSE CONSTRUCT SRL. The shares are held by HAPPY HOUSE CONSTRUCT (100%).
Directors
According to the 2024 annual accounts
Nicolas MALHERBE
Director
since 2025
since 2024
Director · represented by Barbara KRICKEL
Also active at: VAL DE THEUX, VERTIGE ENTRE CIEL ET TERRE, BRASSERIE LA BOBELINE, KRIVOS
since 2024
since 2023 · until 2024
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue Rogier 14
4900 Spa
Rue de la Géronstère 119
4900 Spa
Active since 3 July 2018
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 14 companies are registered at this address.
All companies at this address →VAL DE THEUX same network
€ 580,371 gross margin · 2025
LA BELLE EPOQUE SPA
€ -6,732 gross margin · 2025
VERTIGE ENTRE CIEL ET TERRE same network
€ 74,179 gross margin · 2025
Le Franc'off
€ 735,177 gross margin · 2024
BRASSERIE LA BOBELINE same network
€ 536,431 gross margin · 2025
+9 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0699.497.088
- VAT number
- BE 0699.497.088
- Registered office
- Rue Rogier 14, 4900 Spa
- Names & denominations
- BT GERONSTERE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 July 2018
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen