ACTIVE

GERCA

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Financial year 2024 · closed on 31/12/2024

Net result

-510,5 k €

-354.9% YoY

Gross margin

458,4 k €

-57.3% YoY

Equity

11,6 M €

-4.2% YoY

Workforce

0,0 ETP

-100.0% YoY

What does GERCA do?

GERCA is a Public limited company incorporated in 1987. Its main activity is: Agents involved in the sale of textiles, clothing, fur, footwear and leather goods. Its registered office is in Ardooie.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0430.952.192

Incorporation

17/04/1987

Legal form

Public limited company

Registered office

Hoogbeverenstraat 25
8850 Ardooie · FlandreSee on map

Contributed capital

250 000,00 €

Latest accounts

31/12/2024

Average workforce

0,0 ETP

Activities (NACE)

46160Agents involved in the sale of textiles, clothing, fur, footwear and leather goods· main 46160Agents involved in the sale of textiles, clothing, fur, footwear and leather goods 47721Retail sale of footwear and leather goods in specialised stores 47721Retail sale of footwear and leather goods in specialised stores 51160Passenger air transport 52431Warehousing and support activities for transportation+3

Joint committees (1)

Signals

Solid equityLow riskGood liquidityHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	458,4 k €	-57.3%	1,1 M €	-10.6%	1,2 M €		–		–		–		–		–		–		–		–		–		–		–		–		–
EBITDA	-356,8 k €	-198%	364,6 k €	-22.2%	468,9 k €	-54.1%	1 M €	+183%	361,8 k €	-23.3%	471,8 k €	-41.8%	810,2 k €	+34.0%	604,8 k €	-28.7%	848,4 k €	-2.3%	868,3 k €	+114%	405 k €	-22.0%	519,1 k €	-47.7%	992,8 k €	+19.7%	829,5 k €	-26.4%	1,1 M €	+2.3%	1,1 M €
Operating result	-487,8 k €	-315%	226,8 k €	-22.5%	292,8 k €	-53.1%	624,7 k €	+9073%	6,8 k €	-92.1%	86,2 k €	-75.4%	350,3 k €	+109%	167,6 k €	-59.0%	408,6 k €	+3.3%	395,7 k €	+749%	-61 k €	-168%	90,1 k €	-80.8%	468,6 k €	+59.3%	294,1 k €	-47.5%	560,1 k €	+4.5%	535,8 k €
Net result	-510,5 k €	-355%	200,3 k €	-43.8%	356,5 k €	-27.3%	490 k €	+2667%	17,7 k €	-92.0%	222,1 k €	+5.9%	209,6 k €	-57.9%	498,1 k €	+7.0%	465,3 k €	-16.4%	556,3 k €	+427%	105,6 k €	-59.8%	262,4 k €	-50.2%	526,7 k €	-2.5%	539,9 k €	-21.1%	684,6 k €	+30.0%	526,6 k €
Balance sheet
Equity	11,6 M €	-4.2%	12,1 M €	+1.7%	11,9 M €	+3.1%	11,5 M €	+4.8%	11 M €	+0.2%	11 M €	+2.1%	10,7 M €	+2.0%	10,5 M €	+5.0%	10 M €	+4.9%	9,6 M €	+6.2%	9 M €	+1.2%	8,9 M €	+3.0%	8,7 M €	+6.5%	8,1 M €	+5.4%	7,7 M €	+8.5%	7,1 M €
Total assets	12,2 M €	-2.8%	12,6 M €	-1.6%	12,8 M €	+1.0%	12,7 M €	+5.7%	12 M €	-0.7%	12,1 M €	+1.7%	11,9 M €	+1.9%	11,6 M €	+6.6%	10,9 M €	+3.1%	10,6 M €	+5.1%	10,1 M €	-1.5%	10,2 M €	+7.8%	9,5 M €	+4.8%	9,1 M €	-1.8%	9,2 M €	-13.6%	10,7 M €
Cash	4,7 M €	+85.7%	2,5 M €	+39.7%	1,8 M €	-46.0%	3,3 M €	-2.6%	3,4 M €	-22.9%	4,4 M €	-0.8%	4,5 M €	+23.9%	3,6 M €	+42.3%	2,5 M €	+18.2%	2,1 M €	+34.0%	1,6 M €	+47.5%	1,1 M €	-3.5%	1,1 M €	-66.0%	3,3 M €	+5.1%	3,1 M €	-25.9%	4,2 M €
Debts	673,9 k €	+29.8%	519,1 k €	-44.1%	928,4 k €	-20.2%	1,2 M €	+27.4%	913,7 k €	-16.6%	1,1 M €	-1.7%	1,1 M €	+1.9%	1,1 M €	+24.4%	879,5 k €	-13.9%	1 M €	-3.9%	1,1 M €	+13.1%	939,7 k €	+22.6%	766,5 k €	-11.4%	864,7 k €	-43.2%	1,5 M €	-57.5%	3,6 M €
Other
Workforce	0,0 ETP	-100%	15,8 ETP	-4.2%	16,5 ETP	+14.6%	14,4 ETP	+122%	6,5 ETP	0.0%	6,5 ETP	-13.3%	7,5 ETP	-7.4%	8,1 ETP	-13.8%	9,4 ETP	+2.2%	9,2 ETP	-7.1%	9,9 ETP	0.0%	9,9 ETP	+11.2%	8,9 ETP	+3.5%	8,6 ETP	-9.5%	9,5 ETP	-31.7%	13,9 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 3 active · 18 ended

Active mandates

CONNY CNUDDE

Managing director · since 28 mars 2025 · until 28 mars 2031

Active

EMILIA RAMBOER

Director · since 28 mars 2025 · until 28 mars 2031

Active

LAURA RAMBOER

Director · since 28 mars 2025 · until 28 mars 2031

Active

Ended mandates

Conny CNUDDE

Director · since 06 décembre 2014 · until 15 février 2027

Ended

Conny CNUDDE

Managing director · since 06 décembre 2014 · until 06 décembre 2020

Ended

Emilia Ramboer

Director · since 06 décembre 2014 · until 06 décembre 2020

Ended

Emilia Ramboer

Managing director · since 06 décembre 2014 · until 06 décembre 2020

Ended

At this address

Other companies at this address

Company	CBE no.
C.B.● Active	0433.367.393
DAMS● Active	0724.883.671
EMLACO● Active	0862.649.407

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Full model	Full model	Full model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/07/2020	01/07/2019	01/07/2018
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	30/06/2020	30/06/2019
Length of the financial year	12 months	12 months	12 months	18 months	12 months	12 months
Filing date	30/09/2025	17/06/2024	22/08/2023	08/07/2022	31/08/2021	26/02/2020
General meeting	07/06/2025	01/06/2024	03/06/2023	04/06/2022	05/12/2020	07/12/2019
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2024	07/06/2025	30/09/2025	Dutch	PDF
Abridged model	31/12/2023	01/06/2024	17/06/2024	Dutch	PDF
Abridged model	31/12/2022	03/06/2023	22/08/2023	Dutch	PDF
Full model	31/12/2021	04/06/2022	08/07/2022	Dutch	PDF
Full model	30/06/2020	05/12/2020	31/08/2021	Dutch	PDF
Full model	30/06/2019	07/12/2019	26/02/2020	Dutch	PDF
Full model	30/06/2018	01/12/2018	26/02/2019	Dutch	PDF
Full model	30/06/2017	02/12/2017	28/02/2018	Dutch	PDF
Full model	30/06/2016	03/12/2016	21/02/2017	Dutch	PDF
Full model	30/06/2015	05/12/2015	31/01/2016	Dutch	PDF
Full model	30/06/2014	06/12/2014	23/02/2015	Dutch	PDF
Full model	30/06/2013	07/12/2013	29/01/2014	Dutch	PDF
Full model	30/06/2012	01/12/2012	31/01/2013	Dutch	PDF
Full model	30/06/2011	03/12/2011	29/02/2012	Dutch	PDF
Full model	30/06/2010	04/12/2010	27/01/2011	Dutch	PDF
Full model	30/06/2009	26/12/2009	25/02/2010	Dutch	PDF
Full model	30/06/2008	31/01/2009	27/02/2009	Dutch	PDF
Full model	30/06/2007	23/02/2008	29/02/2008	Dutch	PDF
Full model	30/06/2006	16/12/2006	28/02/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 M€

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.

Governance

Board of directors

Seen on filing of 31/12/2024 · 3 active · 18 ended

Active mandates

CONNY CNUDDE

Managing director · since 28 mars 2025 · until 28 mars 2031

Active

EMILIA RAMBOER

Director · since 28 mars 2025 · until 28 mars 2031

Active

LAURA RAMBOER

Director · since 28 mars 2025 · until 28 mars 2031

Active

Ended mandates

Conny CNUDDE

Director · since 06 décembre 2014 · until 15 février 2027

Ended

Conny CNUDDE

Managing director · since 06 décembre 2014 · until 06 décembre 2020

Ended

Emilia Ramboer

Director · since 06 décembre 2014 · until 06 décembre 2020

Ended

Emilia Ramboer

Managing director · since 06 décembre 2014 · until 06 décembre 2020

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates07/04/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/02/2021
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
PDF
Mandates29/04/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/07/2012
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/06/2009
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/06/2006
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/06/2005
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

2024
Annual accounts 2024-510,5 k €↓
2023
Annual accounts 2023200,3 k €↓
2022
Annual accounts 2022356,5 k €↓
2021
Annual accounts 2021490 k €↑
2018
Annual accounts 201817,7 k €↓
2017
Annual accounts 2017222,1 k €↑
2016
Annual accounts 2016209,6 k €↓
2015
Annual accounts 2015498,1 k €↑
2014
Annual accounts 2014465,3 k €↓
2013
Annual accounts 2013556,3 k €↑
2012
Annual accounts 2012105,6 k €↓
2011
Annual accounts 2011262,4 k €↓
2010
Annual accounts 2010526,7 k €↓
2009
Annual accounts 2009539,9 k €↓
2008
Annual accounts 2008684,6 k €↑
2007
Annual accounts 2007526,6 k €
17/04/1987
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

GERCA

Overview

What does GERCA do?

Trend over 16 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline