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GE'OLIVE

Active
Private limited companyfounded 200719 yrs activeRue de Marcatin,Chanly 38, 6921 Wellin, BelgiumKBO/BCE: BE 0892.444.045
Summary

GE'OLIVE has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.7m and a net result of €394,163. Equity is growing by ~28.3% per year across the filed fiscal years. Its solvency ranks better than 69% of 32341 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).

Overview

Activity
Installation of electric heating, air conditioning, cooling and ventilation
NACE 43222NACE 45331
#6 company by equity in Wellin1 site
Size
€2.6mtotal assets 2025
Equity
€1.7m
Profit
€394,163
Financial health
97 Excellent Checked score 2025
Bankruptcy chance 12 m
< 0.1%
Structure
Accounts 65 d early1 of 5 deeds read
Why 97- Sector Specialised construction activities (NACE 43)+ Liquidity: current ratio 2.42, cash €862,563+ Size: total assets €2.6m+ Founded in 2007Show the evidence

Checked score

Score 2025
97 / 100
Excellent
Probability in this band: under 0.55%
Better than 78% of its sector peers (NACE 43, small)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency 89-7
equity 64.1% of total assets
Liquidity 82+25
short-term debt 25.8% · cash 33.4%
Profitability 88=
return on assets 15.3%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.3% (2,633 companies)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%▲ +42.0% vs 11-2024highest value 01-2025: 0.1%▼ -43.9% vs 12-2024 02-2025: 0.1%● 0.0% vs 01-2025 03-2025: 0.1%● 0.0% vs 02-2025 04-2025: 0.1%▼ -1.8% vs 03-2025 05-2025: 0.1%● 0.0% vs 04-2025 06-2025: 0.1%● 0.0% vs 05-2025 07-2025: 0.1%● 0.0% vs 06-2025 08-2025: 0.1%▲ +7.4% vs 07-2025 09-2025: 0.1%▲ +5.2% vs 08-2025 10-2025: 0.1%▲ +16.4% vs 09-2025 11-2025: 0.1%▲ +2.8% vs 10-2025 12-2025: < 0.1%▼ -47.9% vs 11-2025lowest value 01-2026: < 0.1%● 0.0% vs 12-2025lowest value 02-2026: < 0.1%● 0.0% vs 01-2026lowest value 03-2026: < 0.1%● 0.0% vs 02-2026lowest value 04-2026: < 0.1%● 0.0% vs 03-2026lowest value 05-2026: < 0.1%● 0.0% vs 04-2026lowest value 06-2026: < 0.1%● 0.0% vs 05-2026lowest value 07-2026: < 0.1%● 0.0% vs 06-2026lowest value 08-2026: < 0.1%▲ +2.6% vs 07-2026 09-2026: < 0.1%▲ +10.3% vs 08-2026 10-2026: < 0.1%▲ +4.7% vs 09-2026
  • Liquidity: current ratio 2.42, cash €862,563 lowers the probability
  • Sector Specialised construction activities (NACE 43) raises the probability
  • Size: total assets €2.6m lowers the probability for this profile
  • Founded in 2007 lowers the probability for this profile
Credit up to €160,000 at 30 days acceptable
Liquidity ample (current ratio 2.42 against 3.63 in 2024; short-term debt: 25.8% and cash: 33.4% of total assets), and 35.9% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, small). Better than this share of them on solvency 82%, liquidity 93%, profitability 87%, growth against the median 51%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Liquidity: current ratio 2.42, cash €862,563
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
raises risk · Sector Specialised construction activities (NACE 43)
In the bankruptcy model this factor raises the probability.
KBO
lowers risk · Size: total assets €2.6m
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
lowers risk · Founded in 2007
In the bankruptcy model this factor lowers the probability for this profile.
KBO
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 27-11-2025, 65 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
65 d early
2024
59 d early
2023
98 d early
2022
119 d early
2021
69 d early
2020
93 d early
2019
56 d 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 80 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 23 November (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-06-2026 close04-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Capital & shares · Purpose ·…Demerger · Name change ·…
  2. Annual accounts filedfiscal year 2025 · micro…
  3. Highest result since 2019net €394,163 ▲19%

Key points

  • Positive: Among the best 5% on net resultsector median €10,073 · 32,329 companies €394,163 View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Positive: 7 profitable years in a rowprofit 2025: €394,163 7 years View

By topic

Financials

Fiscal year
2025
Total assets
€2.6m
Profit
€394,163
Solvency
64.1%
Total assets▲ 17.1%
Net result
20192025
Go to Financials

Timeline

Events
14
Since
2017
Next accounts
by 31-01-2027
  1. 13-02-2026Capital & shares · Purpose · Resignations…
  2. 27-11-2025Annual accounts filed
  3. 30-06-2025Highest result since 2019
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Installation of electric heating, air conditioning, cooling and…NACE 43222
Founded
01-10-2007
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

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