BART GEUNS
ActiveThe computed 12-month bankruptcy probability of BART GEUNS is 3.4% (moderate). The 2024 annual accounts show equity of €33k and a net result of €-13k. Equity remains stable across the filed fiscal years (±1.9% per year). Its solvency ranks better than 94% of 36376 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-100
Solvency100=
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
3.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 9.87 against 10.64 in 2023; short-term debt: 9.8% and cash: 77.2% of total assets), and 9.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
90.2%
Return on assets
-35.1%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-06-2025, 38 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
38 d early
2023
36 d early
2022
31 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€33k▼ 28.0%
2023 · €46k
2022: €32k
2023: €46k
2022 → 2024
Total assets
€37k▼ 27.5%
2023 · €51k
2022: €39k
2023: €51k
2022 → 2024
Net result
€-13k
2023 · €14k
2022: €12k
2023: €14k
2022 → 2024
Working capital
€32k▼ 28.1%
2023 · €44k
2022: €30k
2023: €44k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€32k-€46k▲ 44.3%€33k▼ 28.0%
Operating result€15k-€19k▲ 28.7%€-13k
Net result€12k-€14k▲ 18.5%€-13k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €13k after €19k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €37k
Fixed assets
€1k▼ 27.1%
Current assets
€35k▼ 27.5%
Equity and liabilities €37k
Equity
€33k▼ 28.0%
Debt
€4k▼ 21.8%
The debt ratio rises from 9.1% to 9.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-12k▼
2023 · €20k
Cash flow
€-12k▼
2023 · €15k
Solvency
90.2%▼
2023 · 90.9%
Current ratio
9.87▼
2023 · 10.64
Quick ratio
9.87▼
2023 · 10.64
Debt / equity
0.11▲
2023 · 0.10
ROE
-38.9%▼
2023 · 30.7%
ROA
-35.1%▼
2023 · 27.9%
Interest coverage
-275.42▼
2023 · 251.85
Debt
€4k▼
2023 · €5k
Debt ≤ 1 year
€4k▼
2023 · €5k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€51k€37k▼
Fixed assets21/28€2k€1k▼
Tangible fixed assets22/27€2k€1k▼
Plant, machinery and equipment23€2k€1k▼
Current assets29/58€49k€35k▼
Amounts receivable within one year40/41€702€6k▲
Trade receivables40-€2k
Other amounts receivable41€702€4k▲
Cash at bank and in hand54/58€47k€28k▼
Deferred charges and accrued income490/1€810€773▼
Equity and liabilities
Total equity and liabilities10/49€51k€37k▼
Equity10/15€46k€33k▼
Contributions10/11€20k€20k=
Reserves13€10k€10k=
Distributable reserves133€10k€10k=
Profit (loss) carried forward14€16k€3k▼
Amounts payable17/49€5k€4k▼
Amounts payable within one year42/48€5k€4k▼
Trade debts44€242-
Suppliers440/4€242-
Taxes, remuneration and social security45€792-
Taxes450/3€792-
Other amounts payable47/48€4k€4k▲
Income statement
Code20232024
Remuneration, social security and pensions62€69k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€483€483=
Other operating charges640/8€446€449▲
Gross operating margin9900€89k€-12k▼
Operating profit (loss)9901€19k€-13k▼
Financial charges65/66B€78€45▼
Recurring financial charges65€78€45▼
Profit (loss) for the period before taxes9903€19k€-13k▼
Income taxes67/77€5k-
Profit (loss) for the period9904€14k€-13k▼
Profit (loss) for the period to be appropriated9905€14k€-13k▼
Appropriation of the result
Profit (loss) to be appropriated9906€26k€3k▼
Profit (loss) brought forward from the previous period14P€12k€16k▲
Transfer to equity691/2€10k-
To other reserves6921€10k-
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-13k ▼191%
Net result drops to €-13k, the lowest in the series.
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2022net €14k ▲18.5%
Operating result €19k, net result €14k, both a record.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Hechtel-Eksel · 1 establishment unit since 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Don Boscostraat 173940 Hechtel-EkselGround area
468 m²
Building footprint
245 m²
Parcel 72013D0544/00G005, Flanders. Linked by address, not a title deed.
1 establishment unit
BART GEUNS
since 20222.329.444.508
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72013D0544/00G005 | Flanders | 468 m² | 1 · 245 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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De Preter - Segers
BE 1025.451.930
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BE 0803.247.102
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FRIER
BE 0700.433.931
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CARRIERE OUFFET
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TBM CONSTRUCT
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Of 8,454 companies in sector 43120 we hold annual accounts for 3,232. 2,281 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-03-2022
Fiscal year end31-12
Activities, NACEBEL
43120Site preparation
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
41003General construction of other non-residential buildings
42219Civil engineering
43110Demolition
43240Other construction installation
43299Specialised construction activities
43990Other specialised construction activities
43999Specialised construction activities
74999Other professional, scientific and technical activities
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.