ACTIVE

Etablissement Gerard

Financial year 2025 · Closed on 31/12/2025

Net result-77,4 k €-22,7 %over 1 year
Gross margin46 k €-64,2 %over 1 year
Equity-477,4 k €-19,3 %over 1 year
Workforce5,1 ETP-20,3 %over 1 year

Identity

Source · BCE/KBO

Etablissement Gerard is a Public limited company incorporated in 1974. Its registered office is in Liège. It employs on average 5,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0414.671.634
Incorporation
17/12/1974
Legal form
Public limited company
Registered office
Pont d'Ile 23
4000 Liège · WallonieSee on map
Contributed capital
532 500,00 €
Latest accounts
31/12/2025
Average workforce
5,1 ETP
Joint committees (1)
  • 201
Signals
Good liquidityHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 20 financial years

20252024202320222021
Income statement
Gross margin46 k €128,8 k €103,1 k €82,3 k €86,3 k €
EBITDA-109,6 k €-47,4 k €-81,6 k €-112,4 k €-92,2 k €
Operating result-76 k €-63,8 k €-99,4 k €-140,8 k €-101,1 k €
Net result-77,4 k €-63,1 k €-78,2 k €-132,8 k €-95,4 k €
Balance sheet
Equity-477,4 k €-400 k €-337 k €-258,8 k €-126 k €
Total assets403,1 k €477 k €561,4 k €536,1 k €659,4 k €
Cash60,6 k €93,4 k €80,4 k €47,5 k €119,6 k €
Debts880,5 k €877,1 k €897,4 k €790,7 k €785,3 k €
Other
Workforce5,1 ETP6,4 ETP5,3 ETP5,7 ETP6,7 ETP

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 21 ended

Active mandates

Gestion, Représentation, Participations et Finances

Director · since 19 juin 2019 · until 19 juin 2031 · 0460.801.270

Represented by Albert GÉRARD

Active
Michèle Gérard

Director · since 19 juin 2019 · until 19 juin 2031

Active
Olivier Gérard

Director · since 19 juin 2019 · until 19 juin 2031

Active

Ended mandates

Albert GERARD

Managing director · since 19 juin 2019 · until 19 juin 2025

Ended
Gestion, Représentation, Participations et Finances

Director · since 19 juin 2019 · until 19 juin 2025 · 0460.801.270

Represented by Albert GÉRARD

Ended
Gestion, Représentation, Participations et Finances

Director · since 19 juin 2019 · until 19 juin 2025 · 0460.801.270

Represented by Albert GERARD

Ended
Michèle Gérard

Director · since 19 juin 2019 · until 19 juin 2025

Ended

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date10/07/202611/07/202502/07/202420/07/202327/07/202219/08/2021
General meeting18/06/202619/06/202520/06/202430/06/202316/06/202217/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202518/06/202610/07/2026FrenchPDF
Abridged model31/12/202419/06/202511/07/2025FrenchPDF
Abridged model31/12/202320/06/202402/07/2024FrenchPDF
Abridged model31/12/202230/06/202320/07/2023FrenchPDF
Abridged model31/12/202116/06/202227/07/2022FrenchPDF
Abridged model31/12/202017/06/202119/08/2021FrenchPDF
Abridged model31/12/201918/06/202001/10/2020FrenchPDF
Abridged model31/12/201820/06/201929/08/2019FrenchPDF
Abridged model31/12/201721/06/201820/08/2018FrenchPDF
Abridged model31/12/201615/06/201718/08/2017FrenchPDF
Abridged model31/12/201516/06/201617/06/2016FrenchPDF
Abridged model31/12/201418/06/201523/06/2015FrenchPDF
Abridged model31/12/201319/06/201426/06/2014FrenchPDF
Abridged model31/12/201220/06/201304/07/2013FrenchPDF
Abridged model31/12/201121/06/201206/07/2012FrenchPDF
Abridged model31/12/201016/06/201125/08/2011FrenchPDF
Abridged model31/12/200917/06/201006/07/2010FrenchPDF
Abridged model31/12/200818/06/200930/06/2009FrenchPDF
Abridged model31/12/200719/06/200830/06/2008FrenchPDF
Abridged model31/12/200621/06/200702/07/2007FrenchPDF

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 21 ended

Active mandates

Gestion, Représentation, Participations et Finances

Director · since 19 juin 2019 · until 19 juin 2031 · 0460.801.270

Represented by Albert GÉRARD

Active
Michèle Gérard

Director · since 19 juin 2019 · until 19 juin 2031

Active
Olivier Gérard

Director · since 19 juin 2019 · until 19 juin 2031

Active

Ended mandates

Albert GERARD

Managing director · since 19 juin 2019 · until 19 juin 2025

Ended
Gestion, Représentation, Participations et Finances

Director · since 19 juin 2019 · until 19 juin 2025 · 0460.801.270

Represented by Albert GÉRARD

Ended
Gestion, Représentation, Participations et Finances

Director · since 19 juin 2019 · until 19 juin 2025 · 0460.801.270

Represented by Albert GERARD

Ended
Michèle Gérard

Director · since 19 juin 2019 · until 19 juin 2025

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates04/09/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares30/12/2020
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - CAPITAL, ACTIONS
    PDF
  • Mandates03/01/2020
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates11/10/2018
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares04/01/2017
    CAPITAL, ACTIONS
    PDF
  • Mandates08/07/2014
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates28/03/2013
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates11/07/2008
    DEMISSIONS, NOMINATIONS
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025-77,4 k €↓
  2. 2024
    Annual accounts 2024-63,1 k €↑
  3. 2023
    Annual accounts 2023-78,2 k €↑
  4. 2022
    Annual accounts 2022-132,8 k €↓
  5. 2021
    Annual accounts 2021-95,4 k €↑
  6. 2020
    Annual accounts 2020-156,1 k €↓
  7. 2019
    Annual accounts 2019-94,4 k €↓
  8. 2018
    Annual accounts 2018-70,1 k €↑
  9. 2017
    Annual accounts 2017-115,6 k €↓
  10. 2016
    Annual accounts 2016-42 k €↑
  11. 2015
    Annual accounts 2015-78 k €↓
  12. 2014
    Annual accounts 2014-49,3 k €↓
  13. 2013
    Annual accounts 2013-41 k €↑
  14. 2012
    Annual accounts 2012-88,4 k €↓
  15. 2011
    Annual accounts 2011-68,5 k €↓
  16. 2010
    Annual accounts 2010-39,2 k €↑
  17. 2009
    Annual accounts 2009-78,6 k €↑
  18. 2008
    Annual accounts 2008-172,6 k €↓
  19. 2007
    Annual accounts 2007-28,8 k €↓
  20. 2006
    Annual accounts 200652,2 k €
  21. 17/12/1974
    IncorporationPublic limited company