Skip to content

CNUDDE GEERT

Active
Public limited companyfounded 199234 years activeKortrijkstraat 125A, 8770 Ingelmunster, BelgiumKBO/BCE: BE 0447.542.459
Summary

CNUDDE GEERT has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €5.4m and a net result of -€57,655. Equity is growing by ~3% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
Activity not known1 site
Size
€6.2mtotal assets 2024
Equity
€5.4m
Loss
-€57,655
Turnover not published (abridged schema)
Financial health
93 Excellent Checked score 2024
Bankruptcy probability, 12 months
0.2%
Structure
Accounts 68 days overdue0 of 5 deeds read
Why 93- Figures for FY 2024 (filed 30-10-2025)- 1 financial year not filed after the legal deadline; latest accounts 88 days late; 2 of the last 3 late+ Size: total assets €6.2m+ Equity €5.4m (88.5% of total assets)Show the evidence

Checked score

Score 2024
93 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 69% of its sector peers (no NACE code, small)
Financial strength · tick = 2023
Strong
Solvency 100=
equity 88.5% of total assets
Liquidity 80-20
short-term debt 10.2% · cash 24.0%
Profitability 68-1
return on assets -0.9%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024lowest value 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%▲ +0.1 percentage points 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 12-2025 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%● unchanged vs 08-2026 10-2026: 0.2%▲ +0.1 percentage points vs 09-2026highest value
Credit up to €500,000 at 30 days acceptable
Liquidity ample (current ratio 8.03 against 15.27 in 2023; short-term debt: 10.2% and cash: 24% of total assets), and 11.5% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 (no NACE code, small): better than 82% on solvency, 93% on liquidity, 68% on profitability and 35% on growth.

The bankruptcy probability was computed on 06-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

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

Signals

Five signals.
−lowers risk+raises risk○neutral
lowers risk · Size: total assets €6.2m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
lowers risk · Equity €5.4m (88.5% of total assets)
NBB · annual accounts
raises risk · Figures for FY 2024 (filed 30-10-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 88 days late; 2 of the last 3 late
NBB · filings
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-10-2025, 88 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 filings
Deviation from the deadline
2025
not confirmed
2024
88 days late
2023
30 days late
2022
31 days late
2021
3 days early
2020
28 days late
2019
90 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 44 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · micro…
  2. Weakest financial yearnet -€57,655
  3. Annual accounts filedfiscal year 2023 · micro…

Key points

  • Caution: From profit to loss in 2024after €26,643 in 2023 -€57,655 View
  • Caution: Accounts not fileddeadline was 31-07-2026 68 days late View
  • Active since 1992founded 27-05-1992 34 years View

By topic

Financials

Fiscal year
2024
Total assets
€6.2m
Loss
-€57,655
Solvency
88.5%
Total assets=
Net result
20182024
Go to Financials

Timeline

Events
13
Since
2016
  1. 31-08-2023Annual accounts filed
  2. 28-07-2022Annual accounts filed
  3. 28-08-2021Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Founded
27-05-1992
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.