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GEEROLF TECHNICS

Active
Private limited company (pre-2019)founded 20178 yrs activeSpoorwegstraat 28, 8210 Zedelgem, BelgiumKBO/BCE: BE 0684.948.078
Summary

The computed 12-month bankruptcy probability of GEEROLF TECHNICS is 2.2% (moderate). The 2024 annual accounts show equity of €29,805 and a net result of €3,668. Equity is growing by ~7.5% per year across the filed fiscal years. The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Manufacture of basic metals
NACE 24200
1 site
Size
€119,341total assets 2024
Equity
€29,805
Profit
€3,668
Turnover not published (abridged schema)
Financial health
54 Fair Checked score 2024
Bankruptcy chance 12 m
2.2%
Structure
Accounts 36 d early0 of 2 deeds read
Why 54- Figures for FY 2024 (filed 02-07-2025)- Sector Manufacture of basic metals (NACE 24)- Founded in 2017+ Liquidity: current ratio 1.05, cash €25,443Show the evidence

Checked score

Score 2024
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 55% of its sector peers (NACE 24, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Average
Solvency 50+2
equity 25.0% of total assets
Liquidity 54-7
short-term debt 46.8% · cash 21.3%
Profitability 73-6
return on assets 3.1%
Bankruptcy probability, 12 months
2.2% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (198 companies)
Last 21 months 02-2025: 0.7% 03-2025: 0.7%● 0.0% vs 02-2025 04-2025: 0.7%▲ +13.1% vs 03-2025 05-2025: 0.8%▲ +3.2% vs 04-2025 06-2025: 0.7%▼ -2.4% vs 05-2025 07-2025: 0.8%▲ +7.4% vs 06-2025 08-2025: 0.6%▼ -19.8% vs 07-2025 09-2025: 0.6%▼ -5.1% vs 08-2025 10-2025: 0.6%● 0.0% vs 09-2025 11-2025: 0.6%● 0.0% vs 10-2025 12-2025: 0.6%▼ -2.0% vs 11-2025 01-2026: 0.5%▼ -13.4% vs 12-2025lowest value 02-2026: 0.5%● 0.0% vs 01-2026lowest value 03-2026: 0.5%● 0.0% vs 02-2026lowest value 04-2026: 0.6%▲ +8.5% vs 03-2026 05-2026: 0.6%▲ +0.7% vs 04-2026 06-2026: 0.6%▼ -2.3% vs 05-2026 07-2026: 0.6%▲ +7.1% vs 06-2026 08-2026: 0.8%▲ +41.6% vs 07-2026 09-2026: 1.1%▲ +31.9% vs 08-2026 10-2026: 2.2%▲ +95.7% vs 09-2026highest value
  • Figures for FY 2024 (filed 02-07-2025) raises the probability
  • Liquidity: current ratio 1.05, cash €25,443 lowers the probability
  • Sector Manufacture of basic metals (NACE 24) raises the probability
  • Founded in 2017 raises the probability for this profile
Credit up to €1,500 at 30 days acceptable
Liquidity tight (current ratio 1.05 against 1.03 in 2023; short-term debt: 46.8% and cash: 21.3% of total assets), and 75% 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 24, micro). Better than this share of them on solvency 32%, liquidity 58%, profitability 57%, growth against the median 72%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. 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
raises risk · Figures for FY 2024 (filed 02-07-2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.05, cash €25,443
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
raises risk · Sector Manufacture of basic metals (NACE 24)
In the bankruptcy model this factor raises the probability.
KBO
raises risk · Founded in 2017
In the bankruptcy model this factor raises the probability for this profile.
KBO
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 25-06-2026, 36 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
36 d early
2024
29 d early
2023
on the day
2022
32 d early
2021
2 d early
2020
31 d late
2019
11 d late
← 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 8 days before the deadline; the sector median for financial year 2024 is 16 days before the deadline, and 29% of the sector filed late.

Checked, nothing found (2)
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. Usually files around 2 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
03-10-2026 today31-12-2026 close31-07-2027 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. Annual accounts filedfiscal year 2025 · micro…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Annual accounts filedfiscal year 2023 · micro…

Key points

  • Positive: Always filed on timeaccounts within the deadline every year 5 years View
  • Total assets 20246 fiscal years filed €119,341 View
  • Active since 2017founded 23-11-2017 8 years View

By topic

Financials

Fiscal year
2024
Total assets
€119,341
Profit
€3,668
Solvency
25.0%
Total assets▲ 6.4%
Net result
20182024
Go to Financials

Timeline

Events
11
Since
2019
Next accounts
by 31-07-2027
  1. 25-06-2026Annual accounts filed
  2. 02-07-2025Annual accounts filed
  3. 31-07-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Manufacture of basic metalsNACE 24200
Founded
23-11-2017
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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