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Bart Geirnaert

Active Private limited companyfounded 2021active for 4 yearsRoesemslos 17 b, 1742 TernatKBO/BCE: BE 0778.790.036 #10 company by equity in Ternat, Telecoms and IT sector

Lifetime

4 annual accounts with figures on one time axis
peak €120,300 (2022)
€100,876▼ 5.0%
peak €77,496 (2022)
€64,124▼ 2.8%
peak €275,452 (2025)
€275,452▲ 30.3%
€24,957▲ 23.0%
Board1 name since 2021
1 directorGEIRNAERT Bart
Documentsfilings and deeds
22-06-202639 days before the deadline
2025micro format
Equity from €211,328 to €275,452Debts from €20,290 to €24,957Cash from €61,711 to €19,390

Key points

from the 2025 annual accounts

Equity

€275,452 ▲ 30.3%

Bart Geirnaert has made a profit in every financial year since 2022.

Turnover

≈ €150,000 estimated

The micro format states no turnover.

Position in the sector

91.7%

Higher solvency than 90% of companies in computer programming and consultancy. Sector median 60.0% · 21,217 companies.

Checked score

96
Excellent
Financially stronger than 64% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 25,933 companies (NACE 62, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: 0.1%▲ +0.1 percentage points vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026highest value 11-2026: 0.1%● unchanged vs 10-2026highest value

Financial strength
Strong

100=equity 91.7% of total assets
58-25short-term debt 8.3% · cash 6.5%
95-5return on assets 21.3%

Score breakdown

lowers risk
Sector: Computer programming, consultancy and related activities (NACE 62)
Equity €275,452 (91.7% of total assets)
Figures for financial year 2025 (filed on 22-06-2026)
Size: total assets €300,409
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, micro). It does better than 85% of them on solvency, 41% on liquidity, 60% on profitability and 72% on growth.

The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 39,278 companies had the same profile as Bart Geirnaert has now. Each dot stands for 99 companies, two years later.

95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of Bart Geirnaert itself is lower: 0.1% within 12 months. It rests on far more data about Bart Geirnaert than the profile alone.

Test of the method

The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 39,278 companies, not a prediction for Bart Geirnaert. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €25,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 11.45 (10.43 in 2024), above the usual 1.5. Short-term debt is 8.3% and cash 6.5% of total assets. 8.3% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

5 signals, none raises the risk
Five signals.
lowers riskneutral
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
lowers risk · Equity €275,452 (91.7% of total assets)
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 22-06-2026)
NBB · annual accounts
lowers risk · Size: total assets €300,409
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-06-2026, 39 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
39 days early
2024
37 days early
2023
47 days early
2022
34 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 4 accounts on average 39 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 23 June (4 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

GB
Director
  • GEIRNAERT Bart 100 sharesdeed of 21-12-2021
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0778790036
Incorporation Founding capital of €5,000, 100 shares · Founder: GEIRNAERT Bart · Appointment: GEIRNAERT Bart (director) · published on 21-12-2021 · Gazette deed
First establishment Roesemslos 17B, Ternat
All 10 events

Comparable companies

same main activity, similar in size and age
Company
Bart Geirnaert Ternat €300,409 €100,876 91.7% -
DIGIVERSE Vilvoorde €298,143 €94,776 66.9% -
JNA CONSULT Kapelle-op-den-Bos €283,431 €99,338 17.2% -
IGNITE IT Keerbergen €315,684 €109,473 90.5% -
SPIKE-IMPACT Zaventem €306,164 €113,361 1.0% -
QUADRONICS Dilbeek €346,106 €95,598 16.9% -
LISSUS Halle €306,599 €113,768 82.8% -

These companies have the same main activity as Bart Geirnaert: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €283,000 and €346,000, founded between 2021 and 2022.

Official details

Source: KBO
Status
Active since 17-12-2021Normal situation
Activity
Computer consultancy and computer facilities managementNACE 62200and 5 others
Establishment unit
2.325.812.5501742 Ternat, since 17-12-2021
Financial year end
31 December
Peppol
Reachable since 26-12-2025
Company details

Annual accounts 2025

€300,409▲ 29.7%
Filing
Filed on 22-06-2026, 39 days before the end of the filing period
Financials

Insights on Bart Geirnaert

Bart Geirnaert files the micro format. That format states no turnover. The gross margin fell from €120,300 in 2022 to €100,876 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about Bart Geirnaert

What is the company number of Bart Geirnaert?
The company number of Bart Geirnaert is 0778.790.036. The VAT number is the same number with BE in front: BE 0778.790.036.
Where is Bart Geirnaert based?
The registered office is at Roesemslos 17 b, 1742 Ternat.Company details
What does Bart Geirnaert do?
According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
What is the legal form of Bart Geirnaert?
Bart Geirnaert is a private limited company (BV).
When was Bart Geirnaert founded?
Bart Geirnaert was founded on 17-12-2021.
Is Bart Geirnaert still active?
Yes, Bart Geirnaert is an active enterprise in the KBO register.
What is the turnover of Bart Geirnaert?
The turnover in financial year 2025 is ≈ €150,000. This figure is estimated from the gross margin of €100,876 and 42 comparable companies (NACE 62200). It probably lies between €140,000 and €190,000.Financials
Is Bart Geirnaert profitable?
In financial year 2025, Bart Geirnaert made a profit of €64,124.
Where can I find the annual accounts of Bart Geirnaert?
Bart Geirnaert filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Bart Geirnaert due?
Bart Geirnaert must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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