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CAUWELS GEERT

Active
Private limited companyfounded 2024active for 2 yearsKrommewege 48, 9990 Maldegem, BelgiumKBO/BCE: BE 1011.257.365
Summary

CAUWELS GEERT has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €38,016 and a net result of €18,016. Its solvency ranks better than 25% of 34,902 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Overview

Official details

Source: KBO
Status
Active since 05-07-2024 Normal situation
Activity
Site preparation NACE 43120and 1 other
Establishment unit
2.361.318.114 9990 Maldegem, since 05-07-2024
Financial year end
30 June
Peppol
Reachable since 30-07-2024

Board and ownership

Board

Financial position

69 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.7%
Annual accounts to 30-06-2025
Gross margin
€75,272
Turnover
≈ €290,000
estimated
Profit
€18,016
Equity
€38,016
Total assets
€159,885
Employees on 30-06-2025
1
Filed on 13-01-2026, 18 days before the deadline
Score breakdownraises riskFounded in 2024Sector: Specialised construction activities (NACE 43)Equity €38,016 (23.8% of total assets)lowers riskLiquidity: current ratio 1.30, cash €96,131Show the evidence

Checked score

Score 2025
69 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 49% of micro companies in specialised construction (NACE 43)
Financial strength
Strong
Solvency 49
equity 23.8% of total assets
Liquidity 59
short-term debt 76.2% · cash 60.1%
Profitability 83
return on assets 11.3%
Bankruptcy probability within 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,674 companies, NACE 43, micro)
Last 24 months 08-2025: 1.9% 09-2025: 1.9%● unchanged vs 08-2025 10-2025: 2.3%▲ +0.4 percentage points vs 09-2025 11-2025: 2.4%▲ +0.1 percentage points vs 10-2025 12-2025: 2.7%▲ +0.3 percentage points vs 11-2025 01-2026: 2.7%● unchanged vs 12-2025 02-2026: 3.0%▲ +0.3 percentage points vs 01-2026 03-2026: 3.0%● unchanged vs 02-2026 04-2026: 2.9%▼ -0.1 percentage points vs 03-2026 05-2026: 3.0%▲ +0.1 percentage points vs 04-2026 06-2026: 3.2%▲ +0.2 percentage points vs 05-2026 07-2026: 3.3%▲ +0.1 percentage points vs 06-2026 08-2026: 3.3%● unchanged vs 07-2026highest value 09-2026: 3.3%● unchanged vs 08-2026highest value 10-2026: 0.7%▼ -2.6 percentage points vs 09-2026lowest value 11-2026: 0.7%● unchanged vs 10-2026lowest value
Credit of up to €2,500 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.3, below the usual 1.5. Short-term debt is 76.2% and cash 60.1% of total assets. 76.2% of the assets are financed with debt and provisions.
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 43, micro). It does better than 25% of them on solvency, 56% on liquidity and 65% on profitability.

The bankruptcy probability was computed on 01-11-2026 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.

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).

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

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 1.30, cash €96,131
NBB · annual accounts
raises risk · Founded in 2024
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Equity €38,016 (23.8% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 13-01-2026, 18 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
18 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2024.
KBO publications

Recent changes

  1. · Gazette deed IncorporationStarting capital €20,000 · Appointments: RYS Sylvie (niet statutair bestuurder opvolger) and Geert Cauwels (statutory director) · Permanent representative: Geert Cauwels
All 2 events

Comparable companies

These companies have the same main activity as CAUWELS GEERT: site preparation (NACE 43120). They are comparable in size and age: total assets between €129,000 and €186,000, founded between 2023 and 2024.

CompanyTotal assetsGross margin
CAUWELS GEERT Maldegem€159,885€75,272
Sven Mathijssen Grondwerken Peer€158,143€74,007
PHILIPPE DROSSARD Verviers€145,733€90,629
CAMPAGNA CONSTRUCT Wezembeek-Oppem€169,331€60,917
Nivelleringswerken Wim Boons Lille€185,538€71,327
Allworkprojects Brugge€147,395€63,899
Grondwerken Daem Lede€129,118€81,974
Full comparison

Key facts about CAUWELS GEERT

What is the company number of CAUWELS GEERT?
The company number of CAUWELS GEERT is 1011.257.365. The VAT number is the same number with BE in front: BE 1011.257.365.
Where is CAUWELS GEERT based?
The registered office is at Krommewege 48, 9990 Maldegem.Company details
What does CAUWELS GEERT do?
According to the KBO register, the main activity is site preparation (NACE 43120).
What is the legal form of CAUWELS GEERT?
The legal form of CAUWELS GEERT is Private limited company (BV).
When was CAUWELS GEERT founded?
CAUWELS GEERT was founded on 05-07-2024.
Is CAUWELS GEERT still active?
Yes, CAUWELS GEERT is an active enterprise in the KBO register.
How many employees does CAUWELS GEERT have?
CAUWELS GEERT had an average of 0.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of CAUWELS GEERT?
The turnover in financial year 2025 is ≈ €290,000. This figure is estimated from the gross margin of €75,272 and 34 comparable companies (NACE 431). It probably lies between €220,000 and €490,000.
Is CAUWELS GEERT profitable?
In financial year 2025, CAUWELS GEERT made a profit of €18,016.
Where can I find the annual accounts of CAUWELS GEERT?
CAUWELS GEERT filed 1 annual account with the National Bank of Belgium, for financial year 2025.

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