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GEERT GELDHOF

Active
Private limited companyfounded 2005active for 21 yearsOude Lettenhofstraat(Z) 15, 8550 Zwevegem, BelgiumKBO/BCE: BE 0874.962.368

From the official registers: KBO 20 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

GEERT GELDHOF has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€55,753) and a net result of -€80,907. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 8% of 428 sector peers (NACE 23, financial year 2025). The computed 12-month bankruptcy probability is 1.4% (low).

Overview

Official details

KBO
Status
Active since 08-07-2005 Normal situation
Activity
Manufacture of other non-metallic mineral products NACE 23110and 3 others
Establishment unit
2.148.606.517 8550 Zwevegem, since 08-07-2005
Financial year end
30 June
Peppol
Reachable since 02-12-2025

Board and ownership

Board
  • Geldhof GeertDirector

Financial position

52 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.4%
Annual accounts to 30-06-2025
Gross margin
€5,390
▼ 85.6%
Turnover
≈ €41,000
estimated
Loss
€80,907
▲ 6.8%
Equity
-€55,753
Total assets
€155,806
▼ 30.6%
Staff
≈ 1 FTE
estimated
Filed on 26-01-2026, 5 days before the deadlinePDF
Score breakdownraises riskCapped at 59: negative equityLoss of €80,907, the second in a row (financial year 2025)Negative equity -€55,753Liquidity: current ratio 0.12, cash €210lowers riskSize: total assets €155,806Show the evidence

Checked score

Score 2025
52 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 2% of micro companies in non-metallic mineral products (NACE 23)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency 0-36
equity -35.8% of total assets
Liquidity 0-6
short-term debt 133.8% · cash 0.1%
Profitability 0=
return on assets -51.9%
Bankruptcy probability within 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (857 companies, NACE 23, micro)
Last 24 months 11-2024: 0.5% 12-2024: 0.5%● unchanged vs 11-2024lowest value 01-2025: 0.6%▲ +0.1 percentage points vs 12-2024 02-2025: 0.9%▲ +0.3 percentage points vs 01-2025 03-2025: 0.9%● unchanged vs 02-2025 04-2025: 0.9%● unchanged vs 03-2025 05-2025: 0.9%● unchanged vs 04-2025 06-2025: 0.9%● unchanged vs 05-2025 07-2025: 0.9%● unchanged vs 06-2025 08-2025: 0.9%● unchanged vs 07-2025 09-2025: 0.9%● unchanged vs 08-2025 10-2025: 0.9%● unchanged vs 09-2025 11-2025: 0.9%● unchanged vs 10-2025 12-2025: 0.8%▼ -0.1 percentage points vs 11-2025 01-2026: 1.0%▲ +0.2 percentage points vs 12-2025 02-2026: 1.3%▲ +0.3 percentage points vs 01-2026 03-2026: 1.5%▲ +0.2 percentage points vs 02-2026highest value 04-2026: 1.5%● unchanged vs 03-2026highest value 05-2026: 1.5%● unchanged vs 04-2026highest value 06-2026: 1.5%● unchanged vs 05-2026highest value 07-2026: 1.5%● unchanged vs 06-2026highest value 08-2026: 1.5%● unchanged vs 07-2026highest value 09-2026: 1.4%▼ -0.1 percentage points vs 08-2026 10-2026: 1.4%● unchanged vs 09-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.12 (0.2 in 2024), below 1. Short-term debt is 133.8% and cash 0.1% of total assets. Equity is negative.
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 23, micro). It does better than 3% of them on solvency, 1% on liquidity, 3% on profitability and 1% on growth.

The bankruptcy probability was computed on 31-10-2026 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

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €155,806
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Loss of €80,907, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Negative equity -€55,753
NBB · annual accounts
raises risk · Liquidity: current ratio 0.12, cash €210
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year -€55,753
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 26-01-2026, 5 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
5 days early
2024
1 day early
2023
on the day
2022
1 day early
2021
on the day
2020
31 days early
2019
23 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 9 days before the deadline. In the sector (NACE 23), the median for financial year 2024 was 10 days before the deadline, and 34% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 30 January (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end01-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€55,753 View
  • Risk: 3 loss-making years in a rowloss in financial year 2025 -€80,907 View
  • Caution: Lower net result than 95% of companies in non-metallic mineral productssector median €6,096 · 427 companies -€80,907 View
  • Positive: Filed on time since financial year 2019accounts within the deadline every year 7 years View

Comparable companies

These companies have the same main activity as GEERT GELDHOF: manufacture of other non-metallic mineral products (NACE 23110). They are comparable in size and age: total assets between €44,700 and €429,000, founded between 1991 and 2015.

CompanyTotal assetsGross margin
GEERT GELDHOF Zwevegem€155,806€5,390
Belgian Glass Styling Leuven€133,650€26,265
LRG Herselt€54,054€16,693
Georis Construct Landen€232,886€29,858
Glass One Auto Manage€44,680€9,314
BT CONSTRUCT Kruisem€428,936€29,652
UNIGLAS Mechelen€361,648€113,256
Full comparison

Documents

Annual accounts at the NBB

All 20 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about GEERT GELDHOF

What is the company number of GEERT GELDHOF?
The company number of GEERT GELDHOF is 0874.962.368. The VAT number is the same number with BE in front: BE 0874.962.368.
Where is GEERT GELDHOF based?
The registered office is at Oude Lettenhofstraat(Z) 15, 8550 Zwevegem.Company details
What does GEERT GELDHOF do?
According to the KBO register, the main activity is manufacture of other non-metallic mineral products (NACE 23110).
What is the legal form of GEERT GELDHOF?
The legal form of GEERT GELDHOF is Private limited company (BV).
When was GEERT GELDHOF founded?
GEERT GELDHOF was founded on 08-07-2005.
Is GEERT GELDHOF still active?
Yes, GEERT GELDHOF is an active enterprise in the KBO register.
How many employees does GEERT GELDHOF have?
GEERT GELDHOF had an average of 1 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of GEERT GELDHOF?
The turnover in financial year 2025 is ≈ €41,000. This figure is estimated from the gross margin of €5,390 and 6,330 comparable companies of the same size. It probably lies between €19,000 and €99,000. It is a rough estimate.
Is GEERT GELDHOF profitable?
In financial year 2025, GEERT GELDHOF made a loss of €80,907.
Where can I find the annual accounts of GEERT GELDHOF?
GEERT GELDHOF filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
When are the next annual accounts of GEERT GELDHOF due?
GEERT GELDHOF must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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