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De Geest

Active
Public limited companyfounded 198937 years activeBrusselsesteenweg 188A, 1980 Zemst, BelgiumKBO/BCE: BE 0438.244.317
Summary

De Geest has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €224,884 and a net result of -€2,503. Equity remains stable across the filed fiscal years (±0.3% per year). Its solvency ranks better than 91% of 819 sector peers (NACE 25, fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
Manufacture of fabricated metal products, except machinery and equipment
NACE 25631
#8 oldest company in Zemst, Manufacturing sector1 site
Size
€267,527total assets 2025
Equity
€224,884
Loss
-€2,503
Financial health
88 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Structure
Accounts filed 17 days late0 of 3 deeds read
Why 88- Sector Manufacture of fabricated metal products, except machinery and equipment (NACE 25)- Liquidity: current ratio 6.17, cash €16,806+ Founded in 1989+ Equity €224,884 (84.1% of total assets)Show the evidence

Checked score

Score 2025
88 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 48% of its sector peers (NACE 25, micro)
Financial strength · tick = 2024
Strong
Solvency 100=
equity 84.1% of total assets
Liquidity 54+3
short-term debt 15.9% · cash 6.3%
Profitability 40+37
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).

Sector median 0.5% (3,695 companies)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024lowest value 02-2025: 0.2%● unchanged vs 01-2025lowest value 03-2025: 0.2%● unchanged vs 02-2025lowest value 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.3%▲ +0.1 percentage points vs 06-2025 08-2025: 0.5%▲ +0.2 percentage points vs 07-2025 09-2025: 0.6%▲ +0.1 percentage points vs 08-2025 10-2025: 0.6%● unchanged vs 09-2025 11-2025: 0.6%● unchanged vs 10-2025 12-2025: 0.6%● unchanged vs 11-2025 01-2026: 0.6%● unchanged vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.7%▲ +0.1 percentage points vs 03-2026 05-2026: 0.7%● unchanged vs 04-2026 06-2026: 0.7%● unchanged vs 05-2026 07-2026: 0.7%● unchanged vs 06-2026 08-2026: 1.0%▲ +0.3 percentage points vs 07-2026highest value 09-2026: 0.2%▼ -0.8 percentage points vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026
Credit up to €19,000 at 30 days acceptable
Liquidity ample (current ratio 6.17 against 5.39 in 2024; short-term debt: 15.9% and cash: 6.3% of total assets), and 15.9% 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 (NACE 25, micro): better than 90% on solvency, 52% on liquidity, 19% on profitability and 32% on growth.

The bankruptcy probability was computed on 08-10-2026 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).

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Signals

Six signals.
−lowers risk+raises risk○neutral
raises risk · Sector Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
KBO
lowers risk · Founded in 1989
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
lowers risk · Equity €224,884 (84.1% of total assets)
NBB · annual accounts
raises risk · Liquidity: current ratio 6.17, cash €16,806
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€2,503
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-08-2026, 17 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
17 days late
2024
5 days late
2023
29 days early
2022
30 days early
2021
30 days early
2020
31 days early
2019
30 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 18 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 3 July (4 of the last 5 filed years within 33 days of that day).
Companies Code · seven months
Position in the running window
08-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · full…
  2. Annual accounts filedfiscal year 2024 · abbreviated…
  3. Weakest financial yearnet -€34,382

Key points

  • Risk: 3 loss-making years in a rowloss fiscal year 2025 -€2,503 View
  • Caution: Among the weakest 15% on equitysector median €1.2m · 819 companies €224,884 View
  • Active since 1989founded 12-09-1989 37 years View

By topic

Financials

Fiscal year
2025
Total assets
€267,527
Loss
-€2,503
Solvency
84.1%
Total assets▼ 3.5%
Net result
20182025
Go to Financials

Timeline

Events
13
Since
2017
Next accounts
by 31-07-2027
  1. 02-07-2024Annual accounts filed
  2. 01-07-2023Annual accounts filed
  3. 31-12-2022Highest result since 2018
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Manufacture of fabricated metal products, except machinery and…NACE 25631
Founded
12-09-1989
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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