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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Tight liquidity NBB
Cash and receivables cover 65 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GERARD CONSTRUCT from Bassenge, company number BE1010604693, closed financial year 2025 with a result of € 11,490 after tax. For that financial year GERARD CONSTRUCT recorded a gross margin of € 111,043 and equity of € 20,825. Compared with financial year 2024, the result moved from € 5,994 to € 11,490. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 9, 2026.
€ 20,825
▲ 104% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 11,490
▲ 92% vs 2024
Profit after tax over the fiscal year.
€ 31,711
▲ 34% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 859 paid out
7 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 82,136
▲ 66% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 49,627
▼ 18% vs 2024
Of which on lease € 28,683.
Debts at end 2025
€ 26,750
▼ 17% vs 2024
€ 5,941 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 1,206
▼ 35% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,699
▼ 63% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € 60,804 | € 111,043 | ▲ 83% |
| Profit after taxes | € 5,994 | € 11,490 | ▲ 92% |
| Equity | € 10,194 | € 20,825 | ▲ 104% |
| Total debts | € 94,250 | € 84,557 | ▼ 10% |
| Cash | € 23,709 | € 31,711 | ▲ 34% |
| Retained profit | € 5,194 | € 15,825 | ▲ 205% |
| Dividend | € 800 | € 859 | ▲ 7% |
| Bank debt | € 32,418 | € 26,750 | ▼ 17% |
| Balance sheet total | € 104,444 | € 105,382 | ▲ 1% |
Key figures of GERARD CONSTRUCT, fiscal years 2024 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 GERARD CONSTRUCT?
What happened at GERARD CONSTRUCT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 11,490 (▲ 92% vs 2024). Source: NBB ↗
- Pascale Wirtel became a director. NBB
- New establishment in Bassenge. KBO
- David Gerard became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 5,994 profit in 2024 to € 11,490 profit in 2025.
Paid € 2,564 in corporate taxes since 2024.
Best year ever: 2025, with € 11,490 profit.
Paid out € 1,659 in dividends to the owners in total.
Management
Behind GERARD CONSTRUCT are Pascale Wirtel and David Gerard.
Directors
According to the 2025 annual accounts
Pascale Wirtel
Director
since 2024
David Gerard
Director
since 2024
Establishments
Establishment units
Physical locations of this company
Rue Oborne 55
4690 Bassenge
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 1010.604.693
- VAT number
- BE 1010.604.693
- Registered office
- Rue Oborne 55, 4690 Bassenge
- Names & denominations
- GERARD CONSTRUCT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 June 2024
- Peppol
- Active · Active since 24 Apr 2025
- Activities · NACE
Overige gespecialiseerde bouwactiviteiten, neg
Metselwerk
Overige gespecialiseerde bouwwerkzaamheden
Uitvoeren van metsel- en voegwerken
Installatie van isolatie
Algemene bouw van residentiële gebouwen
Slopen
Isolatiewerkzaamheden