GEERT VAN CLEEMPUT
ActiveSummary
GEERT VAN CLEEMPUT has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €48k and a net result of €12k. Equity is growing by ~53.6% per year across the filed fiscal years. Its solvency ranks better than 89% of 11389 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability97▲+18
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 8.63 against 3.99 in 2024; short-term debt: 10.1% and cash: 54.1% of total assets), and 10.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
89.9%
Return on assets
22.8%
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 10-07-2026, 21 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
21 d early
2024
4 d late
2023
30 d late
2022
30 d late
2021
31 d late
2020
55 d late
2019
105 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€48k▲ 34.0%
2024 · €36k
2018: €-2klowest in 8 years
2019: €2k▲ +186% vs 2018
2020: €10k▲ +473% vs 2019
2021: €12k▲ +15.9% vs 2020
2022: €12k▲ +2.1% vs 2021
2023: €27k▲ +121% vs 2022
2024: €36k▲ +30.1% vs 2023
2025: €48k▲ +34.0% vs 2024highest in 8 years
2018 → 2025
Total assets
€53k▲ 19.3%
2024 · €45k
2018: €3klowest in 8 years
2019: €12k▲ +256% vs 2018
2020: €16k▲ +34.0% vs 2019
2021: €18k▲ +15.8% vs 2020
2022: €34k▲ +90.5% vs 2021
2023: €32k▼ -8.2% vs 2022
2024: €45k▲ +41.5% vs 2023
2025: €53k▲ +19.3% vs 2024highest in 8 years
2018 → 2025
Net result
€12k▲ 63.6%
2024 · €7k
2018: €-5klowest in 8 years
2019: €-2k▲ +63.5% vs 2018
2020: €9k▲ +544% vs 2019
2021: €2k▼ -80.7% vs 2020
2022: €255▼ -84.7% vs 2021
2023: €16k▲ +6116% vs 2022highest in 8 years
2024: €7k▼ -53.2% vs 2023
2025: €12k▲ +63.6% vs 2024
2018 → 2025
Working capital
€41k▲ 54.4%
2024 · €27k
2018: €-2k
2019: €-262▲ +87.6% vs 2018
2020: €8k▲ +3170% vs 2019
2021: €9k▲ +15.9% vs 2020
2022: €-6k▼ -166% vs 2021lowest in 8 years
2023: €15k▲ +343% vs 2022
2024: €27k▲ +78.4% vs 2023
2025: €41k▲ +54.4% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€12k-€12k▲ 2.1%€27k▲ 121%€36k▲ 30.1%€48k▲ 34.0%
2021: €12klowest in 5 years
2022: €12k▲ +2.1% vs 2021
2023: €27k▲ +121% vs 2022
2024: €36k▲ +30.1% vs 2023
2025: €48k▲ +34.0% vs 2024highest in 5 years
Operating result€2k-€558▼ 74.7%€18k▲ 3,111%€7k▼ 58.5%€17k▲ 124%
2021: €2k
2022: €558▼ -74.7% vs 2021lowest in 5 years
2023: €18k▲ +3111% vs 2022highest in 5 years
2024: €7k▼ -58.5% vs 2023
2025: €17k▲ +124% vs 2024
Net result€2k-€255▼ 84.7%€16k▲ 6,116%€7k▼ 53.2%€12k▲ 63.6%
2021: €2k
2022: €255▼ -84.7% vs 2021lowest in 5 years
2023: €16k▲ +6116% vs 2022highest in 5 years
2024: €7k▼ -53.2% vs 2023
2025: €12k▲ +63.6% vs 2024
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 124% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €53k
Fixed assets
€7k ▼ 26.0%
Current assets
€47k ▲ 30.8%
Equity and liabilities €53k
Equity
€48k ▲ 34.0%
Debt
€5k ▼ 39.6%
Debt's share of the balance-sheet total falls from 20.0% to 10.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€21k▲
2024 · €11k
Cash flow
€16k▲
2024 · €11k
Current ratio
8.63▲
2024 · 3.99
Quick ratio
7.70▲
2024 · 3.54
Debt to equity
0.11▼
2024 · 0.25
ROE
25.4%▲
2024 · 20.8%
ROA
22.8%▲
2024 · 16.6%
Interest coverage
976.13▲
2024 · -11.78
Debt ≤ 1 year
€5k▼
2024 · €9k
Income taxes
€5k▲
2024 · €985
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 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€45k€53k▲
Fixed assets21/28€9k€7k▼
Tangible fixed assets22/27€9k€5k▼
Furniture and vehicles24€9k€5k▼
Financial fixed assets28-€2k
Current assets29/58€36k€47k▲
Stocks and contracts in progress3€4k€5k▲
Stocks30/36€4k€5k▲
Amounts receivable within one year40/41€8k€12k▲
Trade receivables40€8k€6k▼
Other amounts receivable41€458€6k▲
Cash at bank and in hand54/58€23k€29k▲
Deferred charges and accrued income490/1€232€800▲
Equity and liabilities
Total equity and liabilities10/49€45k€53k▲
Equity10/15€36k€48k▲
Contributions10/11€19k€19k=
Reserves13€17k€29k▲
Distributable reserves133€17k€29k▲
Profit (loss) carried forward14€0-
Amounts payable17/49€9k€5k▼
Amounts payable within one year42/48€9k€5k▼
Trade debts44€4k€2k▼
Suppliers440/4€4k€2k▼
Taxes, remuneration and social security45€624€4k▲
Taxes450/3€624€4k▲
Other amounts payable47/48€4k€0▼
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k=
Other operating charges640/8€939€862▼
Gross operating margin9900€12k€22k▲
Operating profit (loss)9901€7k€17k▲
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€-970€21▲
Recurring financial charges65€-970€21▲
Profit (loss) for the period before taxes9903€8k€17k▲
Income taxes67/77€985€5k▲
Profit (loss) for the period9904€7k€12k▲
Profit (loss) for the period to be appropriated9905€7k€12k▲
Appropriation of the result
Profit (loss) to be appropriated9906€7k€12k▲
Profit (loss) brought forward from the previous period14P€0-
Transfer to equity691/2€7k€12k▲
To other reserves6921€7k€12k▲
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €4k | €6k | €4k | €4k | = |
| Other operating charges640/8 | €661 | €2k | €1k | €939 | €862 | ▼ 8.2% |
| Gross operating margin9900 | €4k | €7k | €25k | €12k | €22k | ▲ 74.0% |
| Operating profit (loss)9901 | €2k | €558 | €18k | €7k | €17k | ▲ 124% |
| Financial income75/76B | - | - | - | €0 | €0 | ▼ 100% |
| Recurring financial income75 | - | - | - | €0 | €0 | ▼ 100% |
| Financial charges65/66B | €535 | €303 | €1k | €-970 | €21 | ▲ 102% |
| Recurring financial charges65 | €535 | €303 | €1k | €-970 | €21 | ▲ 102% |
| Profit (loss) for the period before taxes9903 | €2k | €255 | €17k | €8k | €17k | ▲ 98.1% |
| Income taxes67/77 | - | - | €1k | €985 | €5k | ▲ 358% |
| Profit (loss) for the period9904 | €2k | €255 | €16k | €7k | €12k | ▲ 63.6% |
| Profit (loss) for the period to be appropriated9905 | €2k | €255 | €16k | €7k | €12k | ▲ 63.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €18k | €34k | €32k | €45k | €53k | ▲ 19.3% |
| Fixed assets21/28 | €3k | €19k | €13k | €9k | €7k | ▼ 26.0% |
| Tangible fixed assets22/27 | €3k | €19k | €13k | €9k | €5k | ▼ 44.2% |
| Furniture and vehicles24 | €3k | €19k | €13k | €9k | €5k | ▼ 44.2% |
| Financial fixed assets28 | - | - | - | - | €2k | - |
| Current assets29/58 | €15k | €16k | €18k | €36k | €47k | ▲ 30.8% |
| Stocks and contracts in progress3 | - | €5k | €5k | €4k | €5k | ▲ 25.0% |
| Stocks30/36 | - | €5k | €5k | €4k | €5k | ▲ 25.0% |
| Amounts receivable within one year40/41 | €10k | €10k | €1k | €8k | €12k | ▲ 46.7% |
| Trade receivables40 | €8k | €9k | €792 | €8k | €6k | ▼ 20.7% |
| Other amounts receivable41 | €2k | €647 | €700 | €458 | €6k | ▲ 1,177% |
| Cash at bank and in hand54/58 | €4k | €893 | €11k | €23k | €29k | ▲ 24.1% |
| Deferred charges and accrued income490/1 | €1k | €284 | €2k | €232 | €800 | ▲ 245% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €18k | €34k | €32k | €45k | €53k | ▲ 19.3% |
| Equity10/15 | €12k | €12k | €27k | €36k | €48k | ▲ 34.0% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | - | - | €9k | €17k | €29k | ▲ 71.0% |
| Distributable reserves133 | - | - | €9k | €17k | €29k | ▲ 71.0% |
| Profit (loss) carried forward14 | €-6k | €-6k | €0 | €0 | - | - |
| Amounts payable17/49 | €6k | €22k | €4k | €9k | €5k | ▼ 39.6% |
| Amounts payable after more than one year17 | €159 | €0 | - | - | - | - |
| Financial debts170/4 | €159 | €0 | - | - | - | - |
| Amounts payable within one year42/48 | €6k | €22k | €4k | €9k | €5k | ▼ 39.6% |
| Current portion of amounts payable after more than one year42 | €2k | €159 | €0 | - | - | - |
| Trade debts44 | €4k | €3k | €1k | €4k | €2k | ▼ 62.2% |
| Suppliers440/4 | €4k | €3k | €1k | €4k | €2k | ▼ 62.2% |
| Advances received on contracts in progress46 | - | €1k | €0 | - | - | - |
| Taxes, remuneration and social security45 | - | - | €2k | €624 | €4k | ▲ 517% |
| Taxes450/3 | - | - | €2k | €624 | €4k | ▲ 517% |
| Other amounts payable47/48 | €50 | €18k | €583 | €4k | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | - | - | €541 | €0 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2k | €255 | €16k | €7k | €12k | ▲ 63.6% |
| + Depreciation and write-downs630 | €2k | €4k | €6k | €4k | €4k | = |
| Operating cash flow (approximation) | €3k | €5k | €21k | €11k | €16k | ▲ 41.3% |
| Investment in fixed assets (approximation) | - | €-20k | €0 | €0 | €-2k | - |
| Change in cash | - | €-3k | €10k | €12k | €6k | ▼ 54.5% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
10-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Liquidity doublescurrent ratio 8.63
Current ratio from 3.99 to 8.63; short-term debt falls from €9k to €5k.
04-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 4 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Highest result since 2018net €16k ▲6,116%
Operating result €18k, net result €16k, both a record.
31-12
Financial
Liquidity times 7current ratio 5.22
Current ratio from 0.72 to 5.22; short-term debt falls from €22k to €4k.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
24-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 55 days late
2020
31-12
Financial
Back to profitnet €9k
Net result €9k after 2 loss-making years.
31-12
Financial
Liquidity quadruplescurrent ratio 3.66
Current ratio from 0.96 to 3.66; short-term debt falls from €6k to €3k.
13-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 105 days late
Show earlier events
2019
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
20-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 51 days late
2016
22-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Sint-Niklaas · 1 establishment unit since 2005
Ground area
671 m²
Building footprint
97 m²
Volume, LiDAR
842 m³
Parcel 46443E1376/00Z003, Flanders · tallest building 9.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Hazewindstraat 29, 9100 Sint-Niklaas
since 20052.145.613.274
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46443E1376/00Z003 | Flanders | 671 m² | 1 · 97 m² | 9.5 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
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
Food safety, FASFC
1 siteSint-Niklaas2.145.613.274
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Of 1,173 companies in sector 46499 we hold annual accounts for 743. 401 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded12-11-2004
Fiscal year end31-12
Activities, NACEBEL 2025
46499Wholesale of other household goods
47553Retail trade
47789Other retail sale of new goods
Scores and ratios are computed by Checked and are not a credit decision.