Geelen Engineering Projects & Consultancy
ActiveGeelen Engineering Projects & Consultancy has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €444k and a net result of €71k. Equity is growing by ~24.6% per year across the filed fiscal years. Its solvency ranks better than 92% of 678 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
92
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability88▼-3
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 22.42 against 28.99 in 2024; short-term debt: 4.4% and cash: 37.2% of total assets), and 4.4% 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.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 58
Relative position
BE, all sectors
reference
Sector 58
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
95.6%
Return on assets
15.3%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-07-2026, 30 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
30 d early
2024
24 d early
2023
30 d early
2022
25 d early
2021
30 d early
2020
33 d early
2019
32 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€444k▲ 19.0%
2024 · €373k
2018: €33k
2019: €68k
2020: €138k
2021: €221k
2022: €264k
2023: €325k
2024: €373k
2018 → 2025
Total assets
€464k▲ 19.9%
2024 · €387k
2018: €38k
2019: €69k
2020: €157k
2021: €241k
2022: €275k
2023: €346k
2024: €387k
2018 → 2025
Net result
€71k▲ 3.5%
2024 · €69k
2018: €21k
2019: €35k
2020: €72k
2021: €85k
2022: €44k
2023: €63k
2024: €69k
2018 → 2025
Working capital
€435k▲ 21.3%
2024 · €358k
2018: €31k
2019: €64k
2020: €131k
2021: €215k
2022: €258k
2023: €322k
2024: €358k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€221k-€264k▲ 19.2%€325k▲ 23.2%€373k▲ 14.7%€444k▲ 19.0%
Operating result€119k-€68k▼ 42.8%€95k▲ 39.9%€101k▲ 5.9%€90k▼ 10.4%
Net result€85k-€44k▼ 48.4%€63k▲ 42.9%€69k▲ 9.0%€71k▲ 3.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 10% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €464k
Fixed assets
€9k▼ 42.7%
Current assets
€455k▲ 22.6%
Equity and liabilities €464k
Equity
€444k▲ 19.0%
Debt
€20k▲ 42.1%
The debt ratio rises from 3.7% to 4.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€98k▼
2024 · €105k
Cash flow
€79k▲
2024 · €72k
Solvency
95.6%▼
2024 · 96.3%
Current ratio
22.42▼
2024 · 28.99
Quick ratio
22.42▼
2024 · 28.99
Debt / equity
0.05▲
2024 · 0.04
ROE
16.0%▼
2024 · 18.4%
ROA
15.3%▼
2024 · 17.7%
Interest coverage
474.56▲
2024 · 279.25
Debt
€20k▲
2024 · €14k
Debt ≤ 1 year
€20k▲
2024 · €13k
Income taxes
€36k▲
2024 · €34k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€387k€464k▲
Fixed assets21/28€16k€9k▼
Tangible fixed assets22/27€16k€9k▼
Plant, machinery and equipment23€2k€2k▼
Furniture and vehicles24€14k€7k▼
Current assets29/58€371k€455k▲
Amounts receivable after more than one year29-€235k
Other amounts receivable291-€235k
Amounts receivable within one year40/41€302k€28k▼
Trade receivables40€11k€17k▲
Other amounts receivable41€291k€10k▼
Cash at bank and in hand54/58€67k€172k▲
Deferred charges and accrued income490/1€2k€20k▲
Equity and liabilities
Total equity and liabilities10/49€387k€464k▲
Equity10/15€373k€444k▲
Contributions10/11€12k€12k=
Reserves13€360k€431k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€360k€431k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€14k€20k▲
Amounts payable within one year42/48€13k€20k▲
Trade debts44€1k€2k▲
Suppliers440/4€1k€2k▲
Taxes, remuneration and social security45€12k€19k▲
Taxes450/3€12k€19k▲
Other amounts payable47/48€0-
Accrued charges and deferred income492/3€1k€0▼
Income statement
Code20242025
Non-recurring operating income76A-€300
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€8k▲
Other operating charges640/8€1k€1k▲
Non-recurring operating charges66A-€1k
Gross operating margin9900€106k€101k▼
Operating profit (loss)9901€101k€90k▼
Financial income75/76B€2k€17k▲
Recurring financial income75€2k€17k▲
Financial charges65/66B€375€207▼
Recurring financial charges65€375€207▼
Profit (loss) for the period before taxes9903€102k€107k▲
Income taxes67/77€34k€36k▲
Profit (loss) for the period9904€69k€71k▲
Profit (loss) for the period to be appropriated9905€69k€71k▲
Appropriation of the result
Profit (loss) to be appropriated9906€69k€71k▲
Transfer from equity791/2€21k€0▼
Transfer to equity691/2€69k€71k▲
To the legal reserve6920€0-
To other reserves6921€69k€71k▲
Profit to be distributed694/7€21k€0▼
Return on contributions (dividend)694€21k€0▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity doublescurrent ratio 26.88
Current ratio from 11.94 to 26.88; short-term debt falls from €20k to €10k.
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €85k ▲19.1%
Operating result €119k, net result €85k, both a record.
31-12
Financial
Equity above €200kEq €221k ▲60.8%
4 profitable years in a row build equity to €221k.
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €100kEq €138k ▲103%
3 profitable years in a row build equity to €138k.
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Liquidity times 6current ratio 49.92
Current ratio from 7.73 to 49.92; short-term debt falls from €5k to €1k.
10-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are 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, Zutendaal · 1 establishment unit since 2017
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.
Pandenstraat 313690 ZutendaalGround area
1,074 m²
Building footprint
156 m²
Volume, LiDAR
709 m³
Parcel 71067B0451/00D000, Flanders · tallest building 6.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Pandenstraat 31, 3690 Zutendaal
since 20172.272.409.496
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71067B0451/00D000 | Flanders | 1,074 m² | 1 · 156 m² | 6.9 m · 1 fl. |
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.
Similar companies · same sector, comparable size
Software Improvement Group Belgium
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IDD PROJECTS
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KISANO Belgium
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BVC-SOFT
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Bentley Systems Solutions
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Of 1,284 companies in sector 58290 we hold annual accounts for 593. 405 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-09-2017
Fiscal year end31-12
Abbreviation NL
Geelen EP&C
Activities, NACEBEL
58290Other software publishing
62020IT consultancy
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.