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GEENEN & PARTNERS

Active
Private limited company (pre-2019)founded 2016active for 10 yearsAtealaan(HRT) 34, 2200 Herentals, BelgiumKBO/BCE: BE 0646.674.353

From the official registers: KBO 9 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

GEENEN & PARTNERS has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €60,858 and a net result of €2,298. Equity has been growing by about 8.9% per year since 2018. Its solvency ranks better than 53% of 9,883 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Overview

Official details

KBO
Status
Active since 14-01-2016 Normal situation
Registered office
92 active companies are registered at this address 9 started in the 12 months before. Source: KBO register, as of 1 November 2026.
Activity
Plumbing work NACE 43221
Establishment unit
2.249.269.454 2200 Herentals, since 15-01-2016
Financial year end
31 December
Peppol
Reachable since 26-11-2025

Board and ownership

Board
  • Geenen NielsDirector

Financial position

68 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.8%
Annual accounts 2025
Gross margin
€87,626
▼ 6.9%
Turnover
≈ €310,000
estimated
Profit
€2,298
▼ 88.7%
Equity
€60,858
▲ 31.8%
Total assets
€131,461
=
Staff
1.2 FTE
▼ 20.0%
Filed on 30-07-2026, 1 day before the deadlineat the National Bank
Score breakdownraises riskSize: 1.2 FTE, total assets €131,461Sector: Specialised construction activities (NACE 43)lowers riskFigures for financial year 2025 (filed on 01-08-2026)Equity €60,858 (46.3% of total assets)Show the evidence

Checked score

Score 2025
68 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 41% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Weak
Solvency 71+11
equity 46.3% of total assets
Liquidity 32-10
short-term debt 53.7% · cash 7.6%
Profitability 32-46
return on assets 1.7%
Bankruptcy probability within 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,675 companies, NACE 43, micro)
Last 24 months 11-2024: 0.6% 12-2024: 0.6%● unchanged vs 11-2024 01-2025: 0.6%● unchanged vs 12-2024 02-2025: 0.6%● unchanged vs 01-2025 03-2025: 0.6%● unchanged vs 02-2025lowest value 04-2025: 0.6%● unchanged vs 03-2025 05-2025: 0.6%● unchanged vs 04-2025 06-2025: 0.7%▲ +0.1 percentage points vs 05-2025 07-2025: 0.7%● unchanged vs 06-2025 08-2025: 0.9%▲ +0.2 percentage points vs 07-2025highest value 09-2025: 0.8%▼ -0.1 percentage points vs 08-2025 10-2025: 0.8%● unchanged vs 09-2025 11-2025: 0.8%● unchanged vs 10-2025 12-2025: 0.8%● unchanged vs 11-2025 01-2026: 0.8%● unchanged vs 12-2025 02-2026: 0.8%● unchanged vs 01-2026 03-2026: 0.8%● unchanged vs 02-2026 04-2026: 0.8%● unchanged vs 03-2026 05-2026: 0.8%● unchanged vs 04-2026 06-2026: 0.8%● unchanged vs 05-2026 07-2026: 0.7%▼ -0.1 percentage points vs 06-2026 08-2026: 0.7%● unchanged vs 07-2026 09-2026: 0.7%● unchanged vs 08-2026 10-2026: 0.8%▲ +0.1 percentage points vs 09-2026
Credit of up to €4,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.58 (1.27 in 2024), above the usual 1.5. Short-term debt is 53.7% and cash 7.6% of total assets. However, 53.7% 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 50% of them on solvency, 20% on liquidity, 17% on profitability and 76% on growth.

The bankruptcy probability was computed on 31-10-2026 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. 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
raises risk · Size: 1.2 FTE, total assets €131,461
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Figures for financial year 2025 (filed on 01-08-2026)
NBB · annual accounts
lowers risk · Equity €60,858 (46.3% of total assets)
NBB · annual accounts
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 30-07-2026, 1 day ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
1 day early
2024
on the day
2023
6 days early
2022
197 days late
2021
232 days late
2020
90 days late
2019
63 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 82 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 July (4 of the last 5 accounts filed within 197 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: 8 profitable years in a rowprofit 2025: €2,298 8 years View

Comparable companies

These companies have the same main activity as GEENEN & PARTNERS: plumbing work (NACE 43221). They are comparable in size and age: total assets between €89,400 and €251,000, founded between 2009 and 2019.

CompanyTotal assetsGross margin
GEENEN & PARTNERS Herentals€131,461€87,626
CHALEUR CONCEPT Donceel€89,356€92,180
AMG TECHNICS Anderlecht€102,305€63,522
GRUSSENS Etterbeek€158,802€127,903
FENELON INVESTISSEMENTS Brunehaut€147,232€134,253
Vos Mattias Energietechnieken Vosselaar€212,112€91,525
DE HAES SANITAIR & CV INSTALLATIEBEDRIJF Edegem€251,443€137,149
Full comparison

Documents

Annual accounts at the NBB

All 9 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about GEENEN & PARTNERS

What is the company number of GEENEN & PARTNERS?
The company number of GEENEN & PARTNERS is 0646.674.353. The VAT number is the same number with BE in front: BE 0646.674.353.
Where is GEENEN & PARTNERS based?
The registered office is at Atealaan(HRT) 34, 2200 Herentals.Company details
What does GEENEN & PARTNERS do?
According to the KBO register, the main activity is plumbing work (NACE 43221).
What is the legal form of GEENEN & PARTNERS?
The legal form of GEENEN & PARTNERS is Private limited company (pre-2019) (BVBA).
When was GEENEN & PARTNERS founded?
GEENEN & PARTNERS was founded on 14-01-2016.
Is GEENEN & PARTNERS still active?
Yes, GEENEN & PARTNERS is an active enterprise in the KBO register.
How many employees does GEENEN & PARTNERS have?
GEENEN & PARTNERS had an average of 1.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of GEENEN & PARTNERS?
The turnover in financial year 2025 is ≈ €310,000. This figure is estimated from the gross margin of €87,626 and 32 comparable companies (NACE 432). It probably lies between €240,000 and €460,000.
Is GEENEN & PARTNERS profitable?
In financial year 2025, GEENEN & PARTNERS made a profit of €2,298.
Where can I find the annual accounts of GEENEN & PARTNERS?
GEENEN & PARTNERS filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of GEENEN & PARTNERS due?
GEENEN & PARTNERS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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