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GEERT ENGELEN PROJECT

Active
Private limited companyfounded 2010active for 16 yearsHoekstraat 21, 2450 Meerhout, BelgiumKBO/BCE: BE 0826.855.516
Summary

GEERT ENGELEN PROJECT has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €114,348 and a net result of €12,235. Equity has been growing by about 3.5% per year since 2018. Its solvency ranks better than 55% of 34,954 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Official details

Source: KBO
Status
Active since 20-06-2010 Normal situation
Activity
Other building finishing work NACE 43350
Establishment unit
2.189.547.742 2450 Meerhout, since 01-07-2010
Financial year end
31 December
Peppol
Reachable since 11-11-2025

Board and ownership

Board

Financial position

86 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Annual accounts 2025
Gross margin
€65,366
▲ 3.2%
Turnover
≈ €240,000
estimated
Profit
€12,235
▼ 11.7%
Equity
€114,348
▲ 2.4%
Total assets
€221,770
▼ 12.5%
Score breakdownraises riskSector: Specialised construction activities (NACE 43)Size: total assets €221,770lowers riskFounded in 2010Figures for financial year 2025 (filed on 26-06-2026)Show the evidence

Checked score

Score 2025
86 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 49% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency 77+8
equity 51.6% of total assets
Liquidity 54+5
short-term debt 23.9% · cash 10.4%
Profitability 76=
return on assets 5.5%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,674 companies, NACE 43, micro)
Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024lowest value 02-2025: 0.2%● unchanged vs 01-2025lowest value 03-2025: 0.2%● unchanged vs 02-2025lowest value 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.3%▲ +0.1 percentage points vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026highest value 05-2026: 0.3%● unchanged vs 04-2026 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
Credit of up to €9,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.66 (1.32 in 2024), above the usual 1.5. Short-term debt is 23.9% and cash 10.4% of total assets. 48.4% 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 56% of them on solvency, 50% on liquidity, 50% on profitability and 41% on growth.

The bankruptcy probability was computed on 03-11-2026 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.

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
lowers risk · Founded in 2010
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Size: total assets €221,770
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 26-06-2026)
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 26-06-2026, 35 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
35 days early
2024
31 days early
2023
131 days early
2022
115 days early
2021
114 days early
2020
31 days early
2019
48 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 72 days before 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 8 April (4 of the last 5 accounts filed within 79 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 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: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 7 profitable years in a rowprofit 2025: €12,235 7 years View

Recent changes

  1. · Gazette deed Change of role: Geert Engelen, from manager to directorPermanent representative: Geert Engelen
  2. · Gazette deed Incorporation
All 15 events

Comparable companies

These companies have the same main activity as GEERT ENGELEN PROJECT: other building finishing work (NACE 43350). They are comparable in size and age: total assets between €187,000 and €243,000, founded between 2007 and 2011.

CompanyTotal assetsGross margin
GEERT ENGELEN PROJECT Meerhout€221,770€65,366
ALGEMENE RENOVATIEWERKEN GERT GEERTS Mol€213,614€74,002
TADEK Antwerpen€187,320€63,229
COUSSEMENT KRIS Stabroek€214,339€60,965
BARANOWSKI Antwerpen€206,979€55,309
J & P CONSTRUCTION Antwerpen€243,317€57,976
R.J. ART RENOVATION Anderlecht€196,270€67,701
Full comparison

Key facts about GEERT ENGELEN PROJECT

What is the company number of GEERT ENGELEN PROJECT?
The company number of GEERT ENGELEN PROJECT is 0826.855.516. The VAT number is the same number with BE in front: BE 0826.855.516.
Where is GEERT ENGELEN PROJECT based?
The registered office is at Hoekstraat 21, 2450 Meerhout.Company details
What does GEERT ENGELEN PROJECT do?
According to the KBO register, the main activity is other building finishing work (NACE 43350).
What is the legal form of GEERT ENGELEN PROJECT?
The legal form of GEERT ENGELEN PROJECT is Private limited company (BV).
When was GEERT ENGELEN PROJECT founded?
GEERT ENGELEN PROJECT was founded on 20-06-2010.
Is GEERT ENGELEN PROJECT still active?
Yes, GEERT ENGELEN PROJECT is an active enterprise in the KBO register.
What is the turnover of GEERT ENGELEN PROJECT?
The turnover in financial year 2025 is ≈ €240,000. This figure is estimated from the gross margin of €65,366 and 88 comparable companies (NACE 433). It probably lies between €170,000 and €420,000.Financials
Is GEERT ENGELEN PROJECT profitable?
In financial year 2025, GEERT ENGELEN PROJECT made a profit of €12,235.
Where can I find the annual accounts of GEERT ENGELEN PROJECT?
GEERT ENGELEN PROJECT filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of GEERT ENGELEN PROJECT due?
GEERT ENGELEN PROJECT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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