Summary
Geert Dewaele is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €779k and a net result of €20k. Equity remains stable across the filed fiscal years (±1.3% per year). Its solvency ranks better than 91% of 8023 sector peers (fiscal year 2025). The company has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit check for your own amount and term
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
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 30-03-2026, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 d early
2024
33 d early
2023
on the day
2022
17 d late
2021
3 d early
2020
7 d early
2019
on the day
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€779k▲ 2.6%
2024 · €760k
2018: €827k
2019: €717k
2020: €891k
2021: €844k
2022: €800k
2023: €778k
2024: €760k
2018 → 2025
Net result
€20k
2024 · €-18k
2018: €143k
2019: €41k
2020: €174k
2021: €-47k
2022: €-44k
2023: €-22k
2024: €-18k
2018 → 2025
Total assets
€835k▼ 3.9%
2024 · €869k
2018: €872k
2019: €885k
2020: €1.07M
2021: €975k
2022: €919k
2023: €887k
2024: €869k
2018 → 2025
Solvency
93.3%▲ 5.9pp
2024 · 87.4%
2018: 94.8%
2019: 81.0%
2020: 83.2%
2021: 86.6%
2022: 87.1%
2023: 87.7%
2024: 87.4%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€844k-€800k▼ 5.2%€778k▼ 2.7%€760k▼ 2.4%€779k▲ 2.6%
Operating result€-46k-€-39k▲ 14.3%€-29k▲ 25.5%€-22k▲ 26.3%€20k
Net result€-47k-€-44k▲ 5.6%€-22k▲ 50.5%€-18k▲ 15.2%€20k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €20k after a loss of €22k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €835k
Fixed assets
€427k ▼ 26.5%
Current assets
€408k ▲ 42.0%
Equity and liabilities €835k
Equity
€779k ▲ 2.6%
Debt
€56k ▼ 48.7%
Debt's share of the balance-sheet total falls from 12.6% to 6.7%. Equity is higher and debt is lower.
Key figures and ratios
ROE
2.5%▲
2024 · -2.4%
ROA
2.4%▲
2024 · -2.1%
Debt ≤ 1 year
€53k▼
2024 · €106k
Debt > 1 year
€2k=
2024 · €2k
Income taxes
€2k▲
2024 · €0
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 · 52 lines
Balance sheet
Code20242025
Assets
Total assets20/58€869k€835k▼
Fixed assets21/28€582k€427k▼
Tangible fixed assets22/27€582k€427k▼
Land and buildings22€151k€140k▼
Plant, machinery and equipment23€383€20▼
Furniture and vehicles24€15k€10k▼
Other tangible fixed assets26€415k€278k▼
Current assets29/58€287k€408k▲
Amounts receivable within one year40/41€23k€2k▼
Trade receivables40€21k€2k▼
Other amounts receivable41€1k€165▼
Current investments50/53€171k€239k▲
Cash at bank and in hand54/58€90k€164k▲
Deferred charges and accrued income490/1€4k€2k▼
Equity and liabilities
Total equity and liabilities10/49€869k€835k▼
Equity10/15€760k€779k▲
Contributions10/11€6k€6k=
Reserves13€754k€773k▲
Tax-exempt reserves132€20k€20k=
Distributable reserves133€734k€754k▲
Profit (loss) carried forward14€0-
Amounts payable17/49€109k€56k▼
Amounts payable after more than one year17€2k€2k=
Other amounts payable178/9€2k€2k=
Amounts payable within one year42/48€106k€53k▼
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€524€97▼
Suppliers440/4€524€97▼
Taxes, remuneration and social security45€3k€2k▼
Taxes450/3€3k€2k▼
Other amounts payable47/48€103k€52k▼
Accrued charges and deferred income492/3€472€472=
Income statement
Code20242025
Non-recurring operating income76A-€61k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€37k€30k▼
Other operating charges640/8€6k€6k▼
Gross operating margin9900€22k€56k▲
Operating profit (loss)9901€-22k€20k▲
Financial income75/76B€3k€2k▼
Recurring financial income75€3k€2k▼
Financial charges65/66B€130€151▲
Recurring financial charges65€130€151▲
Profit (loss) for the period before taxes9903€-18k€22k▲
Income taxes67/77€0€2k▲
Profit (loss) for the period9904€-18k€20k▲
Transfer from tax-exempt reserves789€89k€0▼
Profit (loss) for the period to be appropriated9905€71k€20k▼
Appropriation of the result
Profit (loss) to be appropriated9906€74k€20k▼
Profit (loss) brought forward from the previous period14P€4k€0▼
Transfer from equity791/2€15k€0▼
Transfer to equity691/2€89k€20k▼
To other reserves6921€89k€20k▼
The notes to these accounts (6 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
30-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Back to profitnet €20k
Net result €20k after 4 loss-making years.
30-09
Financial
Liquidity triplescurrent ratio 7.66
Current ratio from 2.70 to 7.66; short-term debt falls from €106k to €53k.
28-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
17-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 17 days late
2022
27-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Weakest financial yearnet €-47k ▼127%
Net result drops to €-47k, the lowest in the series; recovery starts the following year.
23-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Highest result since 2018net €174k ▲323%
Net result €174k, the highest in the series.
30-09
Financial
Liquidity doublescurrent ratio 2.05
Current ratio from 0.86 to 2.05.
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
30-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-03
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.
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, Anzegem · 2 establishment units since 2010
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.
Torrebosstraat 58570 AnzegemGround area
1,687 m²
Building footprint
411 m²
Volume, LiDAR
3,282 m³
2 parcels, Flanders · tallest building 12.2 m, ±4 floors. Linked by address, not a title deed.
2 establishment units
Geert Dewaele
since 20102.187.089.385
Geert Dewaele
since 20112.224.470.712
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34002F0999/00R000 | Flanders | 937 m² | 1 · 157 m² | 8.4 m · 2 fl. |
| 35002B0219/00M000 | Flanders | 750 m² | 1 · 253 m² | 12.2 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
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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DECLERCQ AUTOMOTIVE GROUP
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CIM Ventures
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Of 24,725 companies in sector 64210 we hold annual accounts for 19,762. 13,189 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-04-2010
Fiscal year end30-09
Activities, NACEBEL 2025
64210Activities of holding companies
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
68202Real estate activities
68203Renting and operating of own or leased non-residential real estate, excluding land
73300Public relations and communication consultancy
82990Other business support services
96220Beauty care and other beauty treatments
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.