Equity
€1.8m ▼ 14.0%
GEERITS CONSTRUCTIE paid out €300,000 in dividends. That is 3,200% of the 2025 profit.
GEERITS CONSTRUCTIE
Lifetime
19 annual accounts with figures on one time axis, 33 filings since 1992peak €28.3m (2022)
€21.5m▲ 23.9%
peak €1.2m (2022)
€9,376▼ 99.0%
peak €5.3m (2017)
€1.8m▼ 14.0%
€5.1m▲ 43.1%
peak 32.6 FTE (2022)
29.5 FTE▼ 3.0%
Board10 names since 2018
3 directorsDATSIT and 2 others
Owners3 names in the annual accounts
99.98%DATSIT and 1 other
Documentsfilings and deeds
09-03-202652 days before the deadline
2025financial year
Turnover from €17.3m to €21.5mResult from €893,413 to €9,3761 director appointed, 1 resignation 06-03Dividend €300,000Equity from €2.1m to €1.8mDebts from €3.6m to €5.1m
Key points
from the 2025 annual accountsChecked score
84
Excellent
Financially stronger than 31% of small companies in fabricated metal products (NACE 25)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.3% across 748 companies (NACE 25, small).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%lowest value
01-2025: 0.1%● unchanged vs 12-2024
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: 0.2%▲ +0.1 percentage points vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.2%● unchanged vs 06-2025
08-2025: 0.2%● unchanged vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.3%▲ +0.1 percentage points vs 03-2026highest value
05-2026: 0.3%● unchanged vs 04-2026highest value
06-2026: 0.3%● unchanged vs 05-2026
07-2026: 0.3%● unchanged vs 06-2026
08-2026: 0.3%● unchanged vs 07-2026
09-2026: 0.3%● unchanged vs 08-2026
10-2026: 0.3%● unchanged vs 09-2026
11-2026: 0.3%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Sector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
1 of the last 3 accounts late
Profit of €9,376 (financial year 2025)
lowers risk
Founded in 1992
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 25, small). It does better than 25% of them on solvency, 19% on liquidity, 28% on profitability and 52% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 30-09-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 4,685 companies had the same profile as GEERITS CONSTRUCTIE has now. Each dot stands for 12 companies, two years later.
97.0%
were still trading
1.9%
stopped another way
1.1%
went bankrupt
That fits the bankruptcy probability of GEERITS CONSTRUCTIE itself: 0.3% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 4,685 companies, not a prediction for GEERITS CONSTRUCTIE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €140,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.16 (1.23 in 2024), below the usual 1.5. Short-term debt is 71.8% and cash 13.1% of total assets. 74.3% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 834 sector peers (2025).
NBB · sector comparisonPosition among 834 sector peers
Solvency
better than 25%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 09-03-2026, 52 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
52 days early
2024
106 days late
2023
31 days early
2022
34 days early
2021
40 days early
2020
3 days early
2019
24 days early
← 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 11 days before the deadline. In the sector (NACE 25), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 27 March (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end10-11-2026 today30-04-2027 deadline
Board and ownership
- DATSIT 99.98%equity €9.2m (2025) · 2025 annual accounts of DATSIT
- Dirk Thaens 0.02%annual accounts 30-09-2025
Recent changes
Appointment: Foederer Bedrijfsrevisoren BV (statutory auditor)
General meeting of 06-03-2026 · Gazette deed
2 directors appointed, 1 resignation
Resignation: Dirk Thaens · Appointments: MPJ-Management BV and DATSIT BV (managing director) · Permanent representatives: Pieter-Jan Myny, Dirk Thaens and Javier Luis Llorente Hermans · General meeting of 08-12-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0448677062
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| GEERITS CONSTRUCTIE Bree | €21.5m | 0.2% | 25.7% | 29.5 |
| SOLID BUILDING OVERPELT Pelt | €22.9m | 12.4% | 25.7% | 34 |
| Ferrum Industriebouwers Hechtel-Eksel | €21.1m | 8.3% | 69.6% | 37.3 |
| ALUZON Zonhoven | €17.2m | 11.1% | 57.4% | 43.1 |
| A.K.P. Oudsbergen | €14.8m | 3.2% | 21.9% | 31.5 |
| Etablissements Edgard RAMAEKERS Chimay | €18.3m | 5.8% | 75.9% | 39.2 |
| VANPETEGHEM A. & G. Lo-Reninge | €13.1m | 3.6% | 72.2% | 33.7 |
Grey: the largest companies of the sector (fabricated metal products (NACE 25)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as GEERITS CONSTRUCTIE: manufacture of metal structures and parts of structures (NACE 25110). They are comparable in size and age: total assets between €6.6m and €11m, founded between 1981 and 2000.
Official details
Source: KBO- Status
- Active since 12-11-1992Normal situation
- Activity
- Manufacture of metal structures and parts of structuresNACE 25110and 1 other
- Joint committee
- 209White-collar workers in metal manufacturing · annual accounts 30-09-2025
- Establishment unit
- 2.060.515.1743960 Bree, since 27-12-1992
- Financial year end
- 30 September
- Peppol
- Reachable since 07-08-2025
Annual accounts to 30-09-2025
- €6.9m▲ 22.2%
- Employeeson 30-09-2025
- 29▼ 6.5%
- Filing
- Filed on 09-03-2026, 52 days before the end of the filing period
Insights on GEERITS CONSTRUCTIE
GEERITS CONSTRUCTIE has existed since 1992. Turnover grew from €9.2m in 2006 to €21.5m in 2025 and staff from 20 to 29.5 full-time equivalents.
Solvency fell in 2025 from 36.6% to 25.7% because of the dividend and higher debts to suppliers.
DATSIT holds all the shares. In January 2026, the Official Gazette published the appointment of DATSIT as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about GEERITS CONSTRUCTIE
- What is the company number of GEERITS CONSTRUCTIE?
- The company number of GEERITS CONSTRUCTIE is 0448.677.062. The VAT number is the same number with BE in front: BE 0448.677.062.
- Where is GEERITS CONSTRUCTIE based?
- The registered office is at Kluitshofweg 14, 3960 Bree.Company details
- What does GEERITS CONSTRUCTIE do?
- According to the KBO register, the main activity is manufacture of metal structures and parts of structures (NACE 25110).
- What is the legal form of GEERITS CONSTRUCTIE?
- GEERITS CONSTRUCTIE is a public limited company (NV).
- When was GEERITS CONSTRUCTIE founded?
- GEERITS CONSTRUCTIE was founded on 12-11-1992.
- Is GEERITS CONSTRUCTIE still active?
- Yes, GEERITS CONSTRUCTIE is an active enterprise in the KBO register.
- How many employees does GEERITS CONSTRUCTIE have?
- GEERITS CONSTRUCTIE had an average of 29.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does GEERITS CONSTRUCTIE fall under?
- In its 30-09-2025 annual accounts, GEERITS CONSTRUCTIE states joint committee 209 (White-collar workers in metal manufacturing).
- What is the turnover of GEERITS CONSTRUCTIE?
- The turnover of GEERITS CONSTRUCTIE was €21.5m in financial year 2025, according to the filed annual accounts.
- Is GEERITS CONSTRUCTIE profitable?
- In financial year 2025, GEERITS CONSTRUCTIE made a profit of €9,376.
- Where can I find the annual accounts of GEERITS CONSTRUCTIE?
- GEERITS CONSTRUCTIE filed 33 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of GEERITS CONSTRUCTIE due?
- GEERITS CONSTRUCTIE must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
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