GEERT KEIRSE
ActiveGEERT KEIRSE has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €131k and a net result of €36k. Equity is growing by ~5.5% per year across the filed fiscal years. Its solvency ranks better than 75% of 27787 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
86
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability93▲+5
Solvency95=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 2.49 against 2.54 in 2024; short-term debt: 30.1% and cash: 57% of total assets), and 30.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
69.9%
Return on assets
19.1%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 25-09-2025, 36 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
36 d early
2024
35 d early
2023
40 d early
2022
18 d early
2021
38 d early
2020
37 d early
2019
42 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close23-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€131k▲ 11.3%
2024 · €117k
2019: €76k
2020: €99k
2021: €117k
2022: €116k
2023: €113k
2024: €117k
2019 → 2025
Total assets
€187k▲ 11.9%
2024 · €167k
2019: €127k
2020: €141k
2021: €160k
2022: €167k
2023: €157k
2024: €167k
2019 → 2025
Net result
€36k▲ 37.2%
2024 · €26k
2019: €22k
2020: €22k
2021: €19k
2022: €13k
2023: €18k
2024: €26k
2019 → 2025
Working capital
€83k▲ 9.6%
2024 · €76k
2019: €42k
2020: €61k
2021: €77k
2022: €71k
2023: €71k
2024: €76k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€117k-€116k▼ 1.5%€113k▼ 2.2%€117k▲ 3.8%€131k▲ 11.3%
Operating result€25k-€19k▼ 25.9%€24k▲ 30.2%€36k▲ 46.6%€49k▲ 36.9%
Net result€19k-€13k▼ 28.0%€18k▲ 32.0%€26k▲ 47.1%€36k▲ 37.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 37% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €187k
Fixed assets
€47k▲ 14.5%
Current assets
€140k▲ 11.0%
Equity and liabilities €187k
Equity
€131k▲ 11.3%
Debt
€56k▲ 13.3%
The debt ratio rises from 29.7% to 30.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€51k▲
2024 · €37k
Cash flow
€38k▲
2024 · €28k
Solvency
69.9%▼
2024 · 70.3%
Current ratio
2.49▼
2024 · 2.54
Quick ratio
2.45▼
2024 · 2.48
Debt / equity
0.43▲
2024 · 0.42
ROE
27.3%▲
2024 · 22.1%
ROA
19.1%▲
2024 · 15.6%
Interest coverage
959.46▼
2024 · 959.99
Debt
€56k▲
2024 · €50k
Debt ≤ 1 year
€56k▲
2024 · €50k
Income taxes
€14k▲
2024 · €10k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€167k€187k▲
Fixed assets21/28€41k€47k▲
Tangible fixed assets22/27€41k€47k▲
Land and buildings22€41k€47k▲
Plant, machinery and equipment23€319€101▼
Current assets29/58€126k€140k▲
Stocks and contracts in progress3€3k€2k▼
Stocks30/36€3k€2k▼
Amounts receivable within one year40/41€17k€31k▲
Trade receivables40€13k€29k▲
Other amounts receivable41€4k€2k▼
Cash at bank and in hand54/58€104k€106k▲
Deferred charges and accrued income490/1€2k-
Equity and liabilities
Total equity and liabilities10/49€167k€187k▲
Equity10/15€117k€131k▲
Contributions10/11€19k€19k=
Reserves13€99k€112k▲
Distributable reserves133€99k€112k▲
Amounts payable17/49€50k€56k▲
Amounts payable within one year42/48€50k€56k▲
Trade debts44€3k€8k▲
Suppliers440/4€3k€8k▲
Taxes, remuneration and social security45€4k€6k▲
Taxes450/3€4k€6k▲
Other amounts payable47/48€42k€43k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▲
Other operating charges640/8€309€376▲
Gross operating margin9900€38k€52k▲
Operating profit (loss)9901€36k€49k▲
Financial income75/76B€540€427▼
Recurring financial income75€540€427▼
Financial charges65/66B€39€53▲
Recurring financial charges65€39€53▲
Profit (loss) for the period before taxes9903€36k€49k▲
Income taxes67/77€10k€14k▲
Profit (loss) for the period9904€26k€36k▲
Profit (loss) for the period to be appropriated9905€26k€36k▲
Appropriation of the result
Profit (loss) to be appropriated9906€26k€36k▲
Transfer from equity791/2€22k€22k▲
Transfer to equity691/2€26k€36k▲
To other reserves6921€26k€36k▲
Profit to be distributed694/7€22k€22k▲
Return on contributions (dividend)694€22k€22k▲
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
2025
25-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Highest result since 2019net €36k ▲37.2%
Operating result €49k, net result €36k, both a record.
2024
26-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
21-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
13-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Weakest financial yearnet €13k ▼28%
Net result drops to €13k, the lowest in the series; recovery starts the following year.
2021
23-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
31-03
Financial
Equity above €100kEq €117k ▲18.8%
3 profitable years in a row build equity to €117k.
2020
24-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
19-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
20-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
22-09
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, Beernem · 1 establishment unit since 2007
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.
Beekstraat 698730 BeernemGround area
754 m²
Building footprint
193 m²
Volume, LiDAR
765 m³
Parcel 31021E0746/00D002, Flanders · tallest building 7.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Beekstraat 69, 8730 Beernem
since 20072.167.801.926
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31021E0746/00D002 | Flanders | 754 m² | 1 · 193 m² | 7.2 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Recognised contractor
1 categoryGEERT KEIRSE BV38277
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Of 3,963 companies in sector 43331 we hold annual accounts for 1,791. 1,501 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-10-2007
Fiscal year end31-03
Activities, NACEBEL
43331Floor and wall tiling
23700Cutting, shaping and finishing of stone
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.