Geert Pierco Vastgoed
ActiveGeert Pierco Vastgoed has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €218k and a net result of €86k. Equity is growing by ~54.8% per year across the filed fiscal years. Its solvency ranks better than 40% of 31642 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
82
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability90▲+10
Solvency68▲+11
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity ample (current ratio 1.77 against 1.29 in 2024; short-term debt: 27.4% and cash: 23.9% of total assets), but 56.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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
43.3%
Return on assets
17%
Age of the figures
9 mo
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 20-07-2026, 11 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
11 d early
2024
23 d early
2023
26 d early
2022
38 d early
2021
29 d early
2020
44 d early
2019
13 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€218k▲ 64.7%
2024 · €132k
2018: €11k
2019: €16k
2020: €16k
2021: €23k
2022: €46k
2023: €94k
2024: €132k
2018 → 2025
Total assets
€503k▲ 22.9%
2024 · €409k
2018: €22k
2019: €26k
2020: €30k
2021: €37k
2022: €94k
2023: €218k
2024: €409k
2018 → 2025
Net result
€86k▲ 126%
2024 · €38k
2018: €-1k
2019: €5k
2020: €65
2021: €7k
2022: €24k
2023: €48k
2024: €38k
2018 → 2025
Working capital
€106k▲ 202%
2024 · €35k
2018: €2k
2019: €6k
2020: €6k
2021: €16k
2022: €28k
2023: €46k
2024: €35k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€23k-€46k▲ 103%€94k▲ 104%€132k▲ 40.2%€218k▲ 64.7%
Operating result€13k-€38k▲ 188%€75k▲ 97.2%€58k▼ 22.5%€132k▲ 128%
Net result€7k-€24k▲ 230%€48k▲ 104%€38k▼ 21.1%€86k▲ 126%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 128% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €503k
Fixed assets
€259k▲ 2.8%
Current assets
€243k▲ 55.1%
Equity and liabilities €503k
Equity
€218k▲ 64.7%
Debt
€285k▲ 2.9%
The debt ratio falls from 67.7% to 56.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€167k▲
2024 · €72k
Cash flow
€121k▲
2024 · €53k
Solvency
43.3%▲
2024 · 32.3%
Current ratio
1.77▲
2024 · 1.29
Quick ratio
1.77▲
2024 · 1.29
Debt / equity
1.31▼
2024 · 2.09
ROE
39.3%▲
2024 · 28.7%
ROA
17.0%▲
2024 · 9.3%
Interest coverage
24.43▲
2024 · 12.10
Debt
€285k▲
2024 · €277k
Debt ≤ 1 year
€138k▲
2024 · €122k
Debt > 1 year
€147k▼
2024 · €155k
Income taxes
€40k▲
2024 · €14k
Staff costs
€98k▼
2024 · €145k
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€409k€503k▲
Fixed assets21/28€252k€259k▲
Tangible fixed assets22/27€252k€259k▲
Land and buildings22€147k€143k▼
Plant, machinery and equipment23€17k€19k▲
Furniture and vehicles24€88k€97k▲
Current assets29/58€157k€243k▲
Amounts receivable within one year40/41€136k€107k▼
Trade receivables40€112k€107k▼
Other amounts receivable41€24k€74▼
Current investments50/53€9k€12k▲
Cash at bank and in hand54/58€9k€120k▲
Deferred charges and accrued income490/1€3k€5k▲
Equity and liabilities
Total equity and liabilities10/49€409k€503k▲
Equity10/15€132k€218k▲
Contributions10/11€6k€6k=
Reserves13€126k€212k▲
Non-distributable reserves130/1€514€514=
Reserves not available under the articles1311€514€514=
Distributable reserves133€126k€211k▲
Amounts payable17/49€277k€285k▲
Amounts payable after more than one year17€155k€147k▼
Financial debts170/4€155k€147k▼
Amounts payable within one year42/48€122k€138k▲
Current portion of amounts payable after more than one year42€24k€30k▲
Trade debts44€36k€13k▼
Suppliers440/4€36k€13k▼
Taxes, remuneration and social security45€24k€53k▲
Taxes450/3-€33k
Remuneration and social security454/9€24k€20k▼
Other amounts payable47/48€37k€42k▲
Income statement
Code20242025
Non-recurring operating income76A€10k-
Remuneration, social security and pensions62€145k€98k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€35k▲
Other operating charges640/8€10k€2k▼
Gross operating margin9900€228k€266k▲
Operating profit (loss)9901€58k€132k▲
Financial income75/76B-€755
Recurring financial income75-€755
Financial charges65/66B€6k€7k▲
Recurring financial charges65€6k€7k▲
Profit (loss) for the period before taxes9903€52k€126k▲
Income taxes67/77€14k€40k▲
Profit (loss) for the period9904€38k€86k▲
Profit (loss) for the period to be appropriated9905€38k€86k▲
Appropriation of the result
Profit (loss) to be appropriated9906€38k€86k▲
Transfer to equity691/2€38k€86k▲
To other reserves6921€38k€86k▲
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
20-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €86k ▲126%
Operating result €132k, net result €86k, both a record.
31-12
Financial
Equity above €200kEq €218k ▲64.7%
7 profitable years in a row build equity to €218k.
08-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €100kEq €132k ▲40.2%
6 profitable years in a row build equity to €132k.
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
02-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
17-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
18-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
12-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro 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, Landen · 2 establishment units 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.
Postlaan 1W33400 LandenGround area
1,803 m²
Building footprint
304 m²
Volume, LiDAR
5,525 m³
Parcel 24059B0135/00F006, Flanders · tallest building 25.4 m, ±7 floors. Linked by address, not a title deed.
2 establishment units
Geert Pierco Vastgoedmakelaar
since 20072.164.355.357
Geert Pierco Vastgoedmakelaar
since 20242.357.489.681
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24059B0135/00F006 | Flanders | 1,803 m² | 1 · 304 m² | 25.4 m · 7 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.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 178 EUR awarded · 179 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 0 EUR | 123 EUR |
| 2024 | 1 | 178 EUR | 56 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 82,570 companies in sector 70200 we hold annual accounts for 52,573. 39,493 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-07-2007
Fiscal year end31-12
Trade name NL
Geert Pierco Vastgoedmakelaar
Activities, NACEBEL
68310Real estate agency activities
68311Real estate activities
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.