OPENING OF BANKRUPTCY

GERO WORKS

Financial year 2008 · closed on 30/06/2008
Net result
-7,4 k €
-122.3% YoY
Gross margin
48,4 k €
-77.9% YoY
Equity
715,8 k €
-1.0% YoY
Workforce
0,1 ETP
-98.0% YoY

Company — Opening of bankruptcy.

What does GERO WORKS do?

GERO WORKS is a Public limited company incorporated in 1991. Its registered office is in Roeselare. It employs on average 0,1 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0444.779.642
Incorporation
02/08/1991
Legal form
Public limited company
Registered office
Populierstraat 3
8800 Roeselare · FlandreSee on map
Latest accounts
30/06/2008
Average workforce
0,1 ETP
Signals
Solid equityPositive cashflowPositive EBITDA
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 2 financial years

20082007
Income statement
Gross margin48,4 k €218,8 k €
EBITDA37,1 k €101,6 k €
Operating result15,3 k €78,2 k €
Net result-7,4 k €33,3 k €
Balance sheet
Equity715,8 k €723,2 k €
Total assets1,6 M €1,6 M €
Cash3,8 k €6 k €
Debts879,7 k €849,5 k €
Other
Workforce0,1 ETP5,1 ETP
Governance

Board of directors

Seen on filing of 30/06/2008 · 4 active · 3 ended

Active mandates

Fire Consult

Director · since 20 novembre 2008 · 0461.388.220

Represented by Hendrik Gheeraert

Active
Claude Vanstaen

Director · until 20 novembre 2008

Active
Gero Paints NV

Director · 0444.779.543

Represented by Hendrik Gheeraert

Active
Hendrik Gheeraert

Managing director

Active

Ended mandates

Claude Verstaen

Mandate

Ended
Gero Paints

Mandate · 0444.779.543

Ended
Hendrik Gheeraert

Mandate

Ended
At this address

Other companies at this address

CompanyCBE no.
MIDEX SAFETYActive
0525.778.404
MIMARActive
0879.275.702
Annual accounts

Full financial information

20082007
Type of accountAbridged modelAbridged model
Start of the financial year01/07/200701/07/2006
Closing of the financial year30/06/200830/06/2007
Length of the financial year12 months12 months
Filing date11/03/200930/01/2008
General meeting12/02/200901/12/2007
Currency of the financial yearEUREUR
NBB quality labelSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

2 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/06/200812/02/200911/03/2009DutchPDF
Abridged model30/06/200701/12/200730/01/2008DutchPDF
Estimate

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.

Governance

Board of directors

Seen on filing of 30/06/2008 · 4 active · 3 ended

Active mandates

Fire Consult

Director · since 20 novembre 2008 · 0461.388.220

Represented by Hendrik Gheeraert

Active
Claude Vanstaen

Director · until 20 novembre 2008

Active
Gero Paints NV

Director · 0444.779.543

Represented by Hendrik Gheeraert

Active
Hendrik Gheeraert

Managing director

Active

Ended mandates

Claude Verstaen

Mandate

Ended
Gero Paints

Mandate · 0444.779.543

Ended
Hendrik Gheeraert

Mandate

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates23/12/2008
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/06/2004
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/03/2004
    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

Timeline

  1. 2008
    Annual accounts 2008-7,4 k €
  2. 2007
    Annual accounts 200733,3 k €
  3. 02/08/1991
    IncorporationPublic limited company