GEERIVAN
ActiveSummary
GEERIVAN has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-1.77M) and a net result of €-443k. Equity is shrinking by ~52.7% per year across the filed fiscal years. Its solvency ranks better than 5% of 9234 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.49 against 0.65 in 2024; short-term debt: 202.2% and cash: 6.3% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-102.2%
Return on assets
-25.5%
Age of the figures
15 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €-1.77M
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 08-01-2026, 23 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
23 d early
2024
29 d early
2023
28 d early
2022
27 d early
2021
20 d early
2020
18 d early
2019
17 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€-1.77M▼ 33.3%
2024 · €-1.33M
2019: €-137k
2020: €-2k▲ +98.3% vs 2019
2021: €153k▲ +6754% vs 2020highest in 7 years
2022: €-630k▼ -513% vs 2021
2023: €-851k▼ -35.1% vs 2022
2024: €-1.33M▼ -56.3% vs 2023
2025: €-1.77M▼ -33.3% vs 2024lowest in 7 years
2019 → 2025
Total assets
€1.74M▼ 29.2%
2024 · €2.45M
2019: €6.85M
2020: €8.40M▲ +22.8% vs 2019
2021: €10.25M▲ +22.0% vs 2020highest in 7 years
2022: €1.28M▼ -87.6% vs 2021lowest in 7 years
2023: €1.47M▲ +15.3% vs 2022
2024: €2.45M▲ +66.6% vs 2023
2025: €1.74M▼ -29.2% vs 2024
2019 → 2025
Net result
€-443k▲ 7.4%
2024 · €-479k
2019: €304khighest in 7 years
2020: €135k▼ -55.7% vs 2019
2021: €155k▲ +15.0% vs 2020
2022: €-782k▼ -605% vs 2021lowest in 7 years
2023: €-221k▲ +71.7% vs 2022
2024: €-479k▼ -116% vs 2023
2025: €-443k▲ +7.4% vs 2024
2019 → 2025
Working capital
€-1.77M▼ 33.3%
2024 · €-1.33M
2019: €86k
2020: €70k▼ -19.1% vs 2019
2021: €505k▲ +623% vs 2020highest in 7 years
2022: €-623k▼ -223% vs 2021
2023: €-851k▼ -36.7% vs 2022
2024: €-1.33M▼ -56.3% vs 2023
2025: €-1.77M▼ -33.3% vs 2024lowest in 7 years
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€153k-€-630k€-851k▼ 35.1%€-1.33M▼ 56.3%€-1.77M▼ 33.3%
2021: €153khighest in 5 years
2022: €-630k▼ -513% vs 2021
2023: €-851k▼ -35.1% vs 2022
2024: €-1.33M▼ -56.3% vs 2023
2025: €-1.77M▼ -33.3% vs 2024lowest in 5 years
Operating result€245k-€-776k€-221k▲ 71.5%€-478k▼ 116%€-379k▲ 20.7%
2021: €245khighest in 5 years
2022: €-776k▼ -416% vs 2021lowest in 5 years
2023: €-221k▲ +71.5% vs 2022
2024: €-478k▼ -116% vs 2023
2025: €-379k▲ +20.7% vs 2024
Net result€155k-€-782k€-221k▲ 71.7%€-479k▼ 116%€-443k▲ 7.4%
2021: €155khighest in 5 years
2022: €-782k▼ -605% vs 2021lowest in 5 years
2023: €-221k▲ +71.7% vs 2022
2024: €-479k▼ -116% vs 2023
2025: €-443k▲ +7.4% vs 2024
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €379k in 2025 against €478k in 2024; the loss shrinks.
Key figures and ratios
Solvency
-102.2%▼
2024 · -54.3%
Current ratio
0.49▼
2024 · 0.65
Quick ratio
0.19▼
2024 · 0.41
Debt to equity
-1.98▲
2024 · -2.84
ROA
-25.5%▼
2024 · -19.5%
Debt
€3.51M▼
2024 · €3.78M
Debt ≤ 1 year
€3.51M▼
2024 · €3.78M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 37 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.45M€1.74M▼
Current assets29/58€2.45M€1.74M▼
Stocks and contracts in progress3€889k€1.06M▲
Stocks30/36€889k€1.06M▲
Amounts receivable within one year40/41€1.07M€239k▼
Trade receivables40€234k€189k▼
Other amounts receivable41€836k€50k▼
Cash at bank and in hand54/58€4k€109k▲
Deferred charges and accrued income490/1€487k€327k▼
Equity and liabilities
Total equity and liabilities10/49€2.45M€1.74M▼
Equity10/15€-1.33M€-1.77M▼
Contributions10/11€74k€74k=
Capital10€74k€74k=
Issued capital100€74k€74k=
Reserves13€274k€274k=
Non-distributable reserves130/1€7k€7k=
Legal reserve130€7k€7k=
Tax-exempt reserves132€38k€38k=
Distributable reserves133€229k€229k=
Profit (loss) carried forward14€-1.68M€-2.12M▼
Amounts payable17/49€3.78M€3.51M▼
Amounts payable within one year42/48€3.78M€3.51M▼
Financial debts43-€325k
Credit institutions430/8-€325k
Trade debts44€2.49M€2.29M▼
Suppliers440/4€2.49M€2.29M▼
Other amounts payable47/48€1.29M€888k▼
Income statement
Code20242025
Other operating charges640/8€3k€2k▼
Gross operating margin9900€-476k€-377k▲
Operating profit (loss)9901€-478k€-379k▲
Financial charges65/66B€178€64k▲
Recurring financial charges65€178€64k▲
Profit (loss) for the period before taxes9903€-479k€-443k▲
Profit (loss) for the period9904€-479k€-443k▲
Profit (loss) for the period to be appropriated9905€-479k€-443k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-1.68M€-2.12M▼
Profit (loss) brought forward from the previous period14P€-1.20M€-1.68M▼
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | €3k | €5k | €3k | €2k | ▼ 30.6% |
| Gross operating margin9900 | €257k | €-773k | €-216k | €-476k | €-377k | ▲ 20.6% |
| Operating profit (loss)9901 | €245k | €-776k | €-221k | €-478k | €-379k | ▲ 20.7% |
| Financial income75/76B | - | €0 | €9 | - | - | - |
| Recurring financial income75 | €0 | €0 | €9 | - | - | - |
| Financial charges65/66B | - | €6k | €177 | €178 | €64k | ▲ 35,826% |
| Recurring financial charges65 | €90k | €6k | €177 | €178 | €64k | ▲ 35,826% |
| Profit (loss) for the period before taxes9903 | €155k | €-782k | €-221k | €-479k | €-443k | ▲ 7.4% |
| Income taxes67/77 | €420 | - | - | - | - | - |
| Profit (loss) for the period9904 | €155k | €-782k | €-221k | €-479k | €-443k | ▲ 7.4% |
| Profit (loss) for the period to be appropriated9905 | €155k | €-782k | €-221k | €-479k | €-443k | ▲ 7.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €10.25M | €1.28M | €1.47M | €2.45M | €1.74M | ▼ 29.2% |
| Current assets29/58 | €10.25M | €1.28M | €1.47M | €2.45M | €1.74M | ▼ 29.2% |
| Stocks and contracts in progress3 | €12k | €12k | €15k | €889k | €1.06M | ▲ 19.2% |
| Stocks30/36 | - | €12k | €15k | €889k | €1.06M | ▲ 19.2% |
| Amounts receivable within one year40/41 | €9.56M | €989k | €999k | €1.07M | €239k | ▼ 77.7% |
| Trade receivables40 | - | €321k | €257k | €234k | €189k | ▼ 19.3% |
| Other amounts receivable41 | - | €668k | €741k | €836k | €50k | ▼ 94.0% |
| Cash at bank and in hand54/58 | €535k | €81k | €2k | €4k | €109k | ▲ 2,842% |
| Deferred charges and accrued income490/1 | - | €194k | €456k | €487k | €327k | ▼ 32.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €10.25M | €1.28M | €1.47M | €2.45M | €1.74M | ▼ 29.2% |
| Equity10/15 | €153k | €-630k | €-851k | €-1.33M | €-1.77M | ▼ 33.3% |
| Contributions10/11 | €74k | €74k | €74k | €74k | €74k | = |
| Capital10 | - | €74k | €74k | €74k | €74k | = |
| Issued capital100 | - | €74k | €74k | €74k | €74k | = |
| Reserves13 | €274k | €274k | €274k | €274k | €274k | = |
| Non-distributable reserves130/1 | - | €7k | €7k | €7k | €7k | = |
| Legal reserve130 | - | €7k | €7k | €7k | €7k | = |
| Tax-exempt reserves132 | - | €38k | €38k | €38k | €38k | = |
| Distributable reserves133 | - | €229k | €229k | €229k | €229k | = |
| Profit (loss) carried forward14 | €-196k | €-978k | €-1.20M | €-1.68M | €-2.12M | ▼ 26.4% |
| Amounts payable17/49 | €10.10M | €1.91M | €2.32M | €3.78M | €3.51M | ▼ 7.2% |
| Amounts payable within one year42/48 | €9.75M | €1.90M | €2.32M | €3.78M | €3.51M | ▼ 7.2% |
| Financial debts43 | - | - | - | - | €325k | - |
| Credit institutions430/8 | - | - | - | - | €325k | - |
| Trade debts44 | €5.99M | €1.83M | €2.32M | €2.49M | €2.29M | ▼ 8.0% |
| Suppliers440/4 | - | €1.83M | €2.32M | €2.49M | €2.29M | ▼ 8.0% |
| Taxes, remuneration and social security45 | - | €65k | - | - | - | - |
| Taxes450/3 | - | €65k | - | - | - | - |
| Other amounts payable47/48 | - | - | - | €1.29M | €888k | ▼ 30.9% |
| Accrued charges and deferred income492/3 | - | €7k | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €155k | €-782k | €-221k | €-479k | €-443k | ▲ 7.4% |
| Operating cash flow (approximation) | €155k | €-782k | €-221k | €-479k | €-443k | ▲ 7.4% |
| Change in cash | - | €-453k | €-80k | €2k | €106k | ▲ 4,993% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
08-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
02-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
03-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
04-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
Financial
Weakest financial yearnet €-782k
Net result drops to €-782k, the lowest in the series; recovery starts the following year.
11-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
Financial
Equity above €150kEq €153k
3 profitable years in a row build equity to €153k.
13-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
14-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
07-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
03-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
12-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
8 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, Aarschot · 1 establishment unit since 1998
Ground area
9,643 m²
Building footprint
4,849 m²
Volume, LiDAR
25,157 m³
2 parcels, Flanders · tallest building 14.2 m, ±2 floors. Linked by address, not a title deed.
9
companies at this address
See who is registered here
1 establishment unit
PROMO BUILD
since 19982.086.526.814
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24662G0035/00W000 | Flanders | 6,999 m² | 1 · 3,709 m² | 14.2 m · 2 fl. |
| 24662F0022/00Y003 | Flanders | 2,644 m² | 1 · 1,140 m² | 8.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 9,693 companies in sector 68121 we hold annual accounts for 7,385. 5,339 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded15-04-1998
Fiscal year end30-06
Activities, NACEBEL 2025
68121Development of residential building projects
Scores and ratios are computed by Checked and are not a credit decision.