Bart Gees
ActiveSummary
Bart Gees has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €235k and a net result of €2k. Equity remains stable across the filed fiscal years (±0.7% per year). Its solvency ranks better than 62% of 10407 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability62▼-7
Solvency73▼-3
Growth49=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity tight (current ratio 1.44 against 1.42 in 2024; short-term debt: 51.6% and cash: 18.3% of total assets), and 51.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
48.1%
Return on assets
0.4%
Age of the figures
15 mo
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 24-02-2026, 24 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
24 d late
2024
10 d late
2023
1 d late
2022
66 d early
2021
42 d early
2020
59 d early
2019
66 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€1.08M▲ 1.7%
2021 · €1.06M
2019: €996klowest in 4 years
2020: €1,000k▲ +0.3% vs 2019
2021: €1.06M▲ +6.2% vs 2020
2022: €1.08M▲ +1.7% vs 2021highest in 4 years
2019 → 2022
EBIT margin
2.0%▲ 3.3pp
2021 · -1.2%
2019: 1.2%
2020: 0.5%▼ -56.6% vs 2019
2021: -1.2%▼ -350% vs 2020lowest in 4 years
2022: 2.0%▲ +261% vs 2021highest in 4 years
2019 → 2022
Net result
€2k
2024 · €-508
2019: €7k
2020: €2k▼ -78.5% vs 2019
2021: €-16k▼ -1180% vs 2020lowest in 7 years
2022: €13k▲ +181% vs 2021highest in 7 years
2023: €9k▼ -32.3% vs 2022
2024: €-508▼ -106% vs 2023
2025: €2k▲ +486% vs 2024
2019 → 2025
Working capital
€110k▲ 13.8%
2024 · €97k
2019: €55klowest in 7 years
2020: €68k▲ +22.9% vs 2019
2021: €62k▼ -8.7% vs 2020
2022: €82k▲ +32.4% vs 2021
2023: €88k▲ +7.1% vs 2022
2024: €97k▲ +10.4% vs 2023
2025: €110k▲ +13.8% vs 2024highest in 7 years
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€1.06M-€1.08M▲ 1.7%
2021: €1.06M
2022: €1.08M▲ +1.7% vs 2021
Equity€211k-€225k▲ 6.3%€234k▲ 4.0%€233k▼ 0.2%€235k▲ 0.8%
2021: €211klowest in 5 years
2022: €225k▲ +6.3% vs 2021
2023: €234k▲ +4.0% vs 2022
2024: €233k▼ -0.2% vs 2023
2025: €235k▲ +0.8% vs 2024highest in 5 years
Operating result€-13k-€22k€14k▼ 34.9%€149▼ 98.9%€6k▲ 3,848%
2021: €-13klowest in 5 years
2022: €22k▲ +264% vs 2021highest in 5 years
2023: €14k▼ -34.9% vs 2022
2024: €149▼ -98.9% vs 2023
2025: €6k▲ +3848% vs 2024
Net result€-16k-€13k€9k▼ 32.3%€-508€2k
2021: €-16klowest in 5 years
2022: €13k▲ +181% vs 2021highest in 5 years
2023: €9k▼ -32.3% vs 2022
2024: €-508▼ -106% vs 2023
2025: €2k▲ +486% vs 2024
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 3,848% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €489k
Fixed assets
€127k ▼ 7.1%
Current assets
€362k ▲ 11.4%
Equity and liabilities €489k
Equity
€235k ▲ 0.8%
Debt
€254k ▲ 11.2%
Debt's share of the balance-sheet total rises from 49.5% to 51.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€16k▲
2024 · €11k
Cash flow
€12k▲
2024 · €10k
Current ratio
1.44▲
2024 · 1.42
Quick ratio
0.70▲
2024 · 0.61
Debt to equity
1.08▲
2024 · 0.98
ROE
0.8%▲
2024 · -0.2%
ROA
0.4%▲
2024 · -0.1%
Interest coverage
5.17▼
2024 · 25.30
Debt ≤ 1 year
€252k▲
2024 · €228k
Income taxes
€918▲
2024 · €231
Staff costs
€38k▲
2024 · €37k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 52 lines
Balance sheet
Code20242025
Assets
Total assets20/58€462k€489k▲
Fixed assets21/28€137k€127k▼
Tangible fixed assets22/27€137k€127k▼
Land and buildings22€110k€104k▼
Plant, machinery and equipment23€27k€23k▼
Current assets29/58€325k€362k▲
Stocks and contracts in progress3€185k€185k=
Stocks30/36€185k€185k=
Amounts receivable within one year40/41€23k€24k▲
Trade receivables40€12k€13k▲
Other amounts receivable41€12k€11k▼
Current investments50/53-€60k
Cash at bank and in hand54/58€116k€90k▼
Deferred charges and accrued income490/1€1k€4k▲
Equity and liabilities
Total equity and liabilities10/49€462k€489k▲
Equity10/15€233k€235k▲
Contributions10/11€19k€19k=
Outside capital11€19k€19k=
Other1109/19€19k€19k=
Reserves13€215k€217k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€213k€215k▲
Profit (loss) carried forward14€-508-
Amounts payable17/49€228k€254k▲
Amounts payable within one year42/48€228k€252k▲
Trade debts44€32k€42k▲
Suppliers440/4€32k€42k▲
Advances received on contracts in progress46€61k€61k=
Taxes, remuneration and social security45€31k€42k▲
Taxes450/3€7k€13k▲
Remuneration and social security454/9€24k€29k▲
Other amounts payable47/48€104k€108k▲
Accrued charges and deferred income492/3-€2k
Income statement
Code20242025
Remuneration, social security and pensions62€37k€38k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€10k▼
Other operating charges640/8€3k€3k▼
Gross operating margin9900€52k€56k▲
Operating profit (loss)9901€149€6k▲
Financial income75/76B€12€1▼
Recurring financial income75€12€1▼
Financial charges65/66B€438€3k▲
Recurring financial charges65€438€3k▲
Profit (loss) for the period before taxes9903€-277€3k▲
Income taxes67/77€231€918▲
Profit (loss) for the period9904€-508€2k▲
Profit (loss) for the period to be appropriated9905€-508€2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-508€1k▲
Profit (loss) brought forward from the previous period14P-€-508
Transfer to equity691/2-€1k
To other reserves6921-€1k
Social balance
Average headcount (FTE)90871.31.0▼
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €1.06M | €1.08M | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | €1.00M | - | - | - | - |
| Remuneration, social security and pensions62 | - | €39k | €44k | €37k | €38k | ▲ 0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €18k | €16k | €16k | €11k | €10k | ▼ 11.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €4k | - | - | - |
| Other operating charges640/8 | - | €2k | €9k | €3k | €3k | ▼ 7.8% |
| Gross operating margin9900 | €43k | €79k | €87k | €52k | €56k | ▲ 8.9% |
| Operating profit (loss)9901 | €-13k | €22k | €14k | €149 | €6k | ▲ 3,848% |
| Financial income75/76B | - | - | €126 | €12 | €1 | ▼ 89.7% |
| Recurring financial income75 | - | - | €126 | €12 | €1 | ▼ 89.7% |
| Financial charges65/66B | - | €3k | €625 | €438 | €3k | ▲ 588% |
| Recurring financial charges65 | €3k | €3k | €625 | €438 | €3k | ▲ 588% |
| Profit (loss) for the period before taxes9903 | €-16k | €18k | €14k | €-277 | €3k | ▲ 1,139% |
| Income taxes67/77 | €0 | €5k | €5k | €231 | €918 | ▲ 298% |
| Profit (loss) for the period9904 | €-16k | €13k | €9k | €-508 | €2k | ▲ 486% |
| Profit (loss) for the period to be appropriated9905 | €-16k | €13k | €9k | €-508 | €2k | ▲ 486% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €362k | €377k | €457k | €462k | €489k | ▲ 5.9% |
| Fixed assets21/28 | €150k | €143k | €146k | €137k | €127k | ▼ 7.1% |
| Tangible fixed assets22/27 | €150k | €143k | €146k | €137k | €127k | ▼ 7.1% |
| Land and buildings22 | - | €125k | €117k | €110k | €104k | ▼ 5.4% |
| Plant, machinery and equipment23 | - | €14k | €29k | €27k | €23k | ▼ 14.0% |
| Furniture and vehicles24 | - | €4k | €0 | - | - | - |
| Current assets29/58 | €213k | €234k | €311k | €325k | €362k | ▲ 11.4% |
| Stocks and contracts in progress3 | €159k | €188k | €185k | €185k | €185k | = |
| Stocks30/36 | - | €188k | €185k | €185k | €185k | = |
| Amounts receivable within one year40/41 | €14k | €6k | €11k | €23k | €24k | ▲ 2.7% |
| Trade receivables40 | - | €2k | €7k | €12k | €13k | ▲ 11.1% |
| Other amounts receivable41 | - | €4k | €4k | €12k | €11k | ▼ 5.8% |
| Current investments50/53 | - | - | - | - | €60k | - |
| Cash at bank and in hand54/58 | €36k | €39k | €114k | €116k | €90k | ▼ 22.6% |
| Deferred charges and accrued income490/1 | - | €1k | €1k | €1k | €4k | ▲ 186% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €362k | €377k | €457k | €462k | €489k | ▲ 5.9% |
| Equity10/15 | €211k | €225k | €234k | €233k | €235k | ▲ 0.8% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Outside capital11 | - | - | €19k | €19k | €19k | = |
| Other1109/19 | - | - | €19k | €19k | €19k | = |
| Reserves13 | €193k | €206k | €215k | €215k | €217k | ▲ 0.7% |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | - | €204k | €213k | €213k | €215k | ▲ 0.7% |
| Profit (loss) carried forward14 | - | - | - | €-508 | - | - |
| Amounts payable17/49 | €151k | €153k | €224k | €228k | €254k | ▲ 11.2% |
| Amounts payable within one year42/48 | €151k | €153k | €224k | €228k | €252k | ▲ 10.4% |
| Trade debts44 | €40k | €31k | €33k | €32k | €42k | ▲ 29.4% |
| Suppliers440/4 | - | €31k | €33k | €32k | €42k | ▲ 29.4% |
| Advances received on contracts in progress46 | - | - | €61k | €61k | €61k | = |
| Taxes, remuneration and social security45 | - | €15k | €30k | €31k | €42k | ▲ 35.2% |
| Taxes450/3 | - | €3k | €6k | €7k | €13k | ▲ 81.4% |
| Remuneration and social security454/9 | - | €11k | €24k | €24k | €29k | ▲ 21.5% |
| Other amounts payable47/48 | - | €107k | €100k | €104k | €108k | ▲ 3.3% |
| Accrued charges and deferred income492/3 | - | - | - | - | €2k | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-16k | €13k | €9k | €-508 | €2k | ▲ 486% |
| + Depreciation and write-downs630 | €18k | €16k | €16k | €11k | €10k | ▼ 11.4% |
| Operating cash flow (approximation) | €1k | €30k | €25k | €10k | €12k | ▲ 11.8% |
| Investment in fixed assets (approximation) | - | €-10k | €-19k | €-1k | €0 | ▲ 100% |
| Change in cash | - | €3k | €76k | €2k | €-26k | ▼ 1,739% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-02
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 24 days late
2025
30-06
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
10-02
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 10 days late
2024
01-02
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 1 day late
2022
26-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
30-06
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
2021
20-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
30-06
Financial
Weakest financial yearnet €-16k
Net result drops to €-16k, the lowest in the series; recovery starts the following year.
2020
03-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
26-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
21-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
14-11
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
06-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Haaltert · 1 establishment unit since 1986
Ground area
292 m²
Building footprint
278 m²
Volume, LiDAR
1,994 m³
2 parcels, Flanders · tallest building 11.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
BART GEES BVBA
since 19862.036.524.007
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41033A0825/00H000 | Flanders | 166 m² | 1 · 125 m² | 11.4 m · 3 fl. |
| 41033A0808/00G000 | Flanders | 126 m² | 1 · 153 m² | 10.9 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 500 EUR awarded · 500 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 500 EUR | 500 EUR |
Schemes
Stagebonus (stopgezet)
Recognitions · licences · registrations
Food safety, FASFC
2 sitesHaaltert2.036.524.007
Kerksken
Dual-learning approval
2 live approvals · 9 endedWinkelmedewerker (vwo)
Winkelmedewerker duaal (so)
Show 9 ended approvals
Magazijnmedewerker (so)
Magazijnmedewerker (vwo)
Magazijnmedewerker duaal (so)
Aanvuller (so)
Kassier (so)
Verkoper (so)
Winkelbediende (so)
Winkelmedewerker (vwo)
Winkelmedewerker duaal (so)
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Of 2,342 companies in sector 47621 we hold annual accounts for 1,244. 991 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded25-06-1986
Fiscal year end30-06
Activities, NACEBEL 2025
47621Retail sale of newspapers and periodicals
18120Other printing
Scores and ratios are computed by Checked and are not a credit decision.