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GEERT VANACKER

Active Private limited companyfounded 1989active for 37 yearsOude Lichterveldsestraat 67, 8850 ArdooieKBO/BCE: BE 0437.764.859 #8 oldest company in Ardooie, Agriculture, forestry and fishing sector

Lifetime

18 annual accounts with figures on one time axis, 34 filings since 1990
peak €471,146 (2025)
€471,146▲ 35.0%
lowest -€31,022 (2007)
€299,280▲ 33.8%
peak €1.1m (2025)
€1.1m▲ 36.4%
€1.8m▲ 2.4%
peak 0.8 FTE (2007)
-not published
Board4 names since 2010
1 directorLuc Verstraete
Documentsfilings and deeds
28-08-202628 days late
2025micro format
Gross margin from €348,971 to €471,146Result from €223,644 to €299,280Equity from €821,600 to €1.1mInvestments €50,826

Key points

from the 2025 annual accounts

Equity

€1.1m ▲ 36.4%

GEERT VANACKER has made a profit without a break since 2009.

Turnover

≈ €1.2m estimated

The micro format states no turnover.

Investments

€50,826 1.9 × depreciation
20242025

Green is investment, beige is depreciation.

Filings

34 annual accounts since 1990
AprilJune31 JulyOctober1990200020102020

Ten of the last ten came late. The 2024 accounts came latest: 112 days after the end of the period.

Board

1 joined · 1 left

Board changed. Latest change 31-03-2026 · 1 in office.

Position in the sector

€299,280

Higher net result than 95% of companies in crop and animal production. Sector median €7,141 · 3,719 companies.

Checked score

97
Excellent
Financially stronger than 74% of small companies in crop and animal production (NACE 01)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 912 companies (NACE 01, small).

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

Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.2%▲ +0.1 percentage points vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.3%▲ +0.1 percentage points vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025highest value 12-2025: 0.1%▼ -0.2 percentage points vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.2%▲ +0.1 percentage points vs 07-2026 09-2026: < 0.1%▼ -0.2 percentage points vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value

Financial strength
Strong

64+7equity 38.6% of total assets
68+4short-term debt 61.0% · cash 75.3%
82+2return on assets 10.3%

Score breakdown

raises risk
Last filed accounts filed 28 days late; 2 of the last 3 accounts late
lowers risk
Size: total assets €2.9m
Liquidity: current ratio 1.59, cash €2.2m
Figures for financial year 2025 (filed on 30-08-2026)
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 01, small). It does better than 47% of them on solvency, 85% on liquidity, 80% on profitability and 84% on growth.

The bankruptcy probability was computed on 09-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

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).

Comparable companies, two years later

In July 2024, 20,137 companies had the same profile as GEERT VANACKER has now. Each dot stands for 51 companies, two years later.

95.0%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of GEERT VANACKER itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 20,137 companies, not a prediction for GEERT VANACKER. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €100,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 1.59 (1.43 in 2024), above the usual 1.5. Short-term debt is 61% and cash 75.3% of total assets. However, 61.4% of the assets are financed with debt and provisions.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
raises risk · Last filed accounts filed 28 days late; 2 of the last 3 accounts late
NBB · filings
lowers risk · Size: total assets €2.9m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.59, cash €2.2m
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 30-08-2026)
NBB · annual accounts
raises risk · 2025 accounts filed 28 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
28 days late
2024
112 days late
2023
92 days late
2020
31 days late
2019
92 days late
2018
28 days late
2017
31 days late
← 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 59 days after the deadline. In the sector (NACE 01), the median for financial year 2024 was 3 days before the deadline, and 37% 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 1 November (4 of the last 5 accounts filed within 62 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 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

Board and ownership

WV
Director
Board & ownership

Recent changes

Appointment: Willem Verstraete (director) Resignation: Luc Verstraete (director) · General meeting of 31-03-2026 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0437764859
Resignations: VANACKER Geert André (statutory manager) and VANBELLE Christine Madeleine (statutory director) Director discharge: VANBELLE Christine Madeleine · Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 12-12-2023 · Gazette deed
First establishment VANACKER GEERT, Oude Lichterveldsestraat 67, Ardooie
All 44 events

Comparable companies

same main activity, similar in size and age
Company
GEERT VANACKER Ardooie €2.9m €471,146 38.6% -
TIKAL Pittem €2.8m €393,834 29.9% 0.3
TEN BERNARDSPLAS Lo-Reninge €3.0m €693,633 72.4% 3.9
POELMANSHOF Pittem €2.2m €331,976 21.4% 1.2
Novar Arendonk €2.4m €566,006 55.4% 0
KEYSERS Retie €3.1m €601,753 38.2% -
D'YZERPASSERELLE Alveringem €4.1m €629,070 54.3% 1.1

These companies have the same main activity as GEERT VANACKER: pig breeding farms (NACE 01461). They are comparable in size and age: total assets between €2.2m and €4.1m, founded between 1988 and 1994.

Official details

Source: KBO
Status
Active since 28-06-1989Normal situation
Activity
Pig breeding farmsNACE 01461and 3 others
Establishment unit
2.044.056.9478850 Ardooie, since 12-07-1989
Financial year end
31 December
Peppol
Reachable since 10-12-2025
Company details

Annual accounts 2025

€2.9m▲ 13.3%
Filing
Filed on 28-08-2026
Financials

Insights on GEERT VANACKER

GEERT VANACKER files the micro format. That format states no turnover. The gross margin rose from €58,155 in 2006 to €471,146 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about GEERT VANACKER

What is the company number of GEERT VANACKER?
The company number of GEERT VANACKER is 0437.764.859. The VAT number is the same number with BE in front: BE 0437.764.859.
Where is GEERT VANACKER based?
The registered office is at Oude Lichterveldsestraat 67, 8850 Ardooie.Company details
What does GEERT VANACKER do?
According to the KBO register, the main activity is pig breeding farms (NACE 01461).
What is the legal form of GEERT VANACKER?
GEERT VANACKER is a private limited company (BV).
When was GEERT VANACKER founded?
GEERT VANACKER was founded on 28-06-1989.
Is GEERT VANACKER still active?
Yes, GEERT VANACKER is an active enterprise in the KBO register.
What is the turnover of GEERT VANACKER?
The turnover in financial year 2025 is ≈ €1.2m. This figure is estimated from the gross margin of €471,146 and 40 comparable companies (NACE 01). It probably lies between €830,000 and €1.4m.Financials
Is GEERT VANACKER profitable?
In financial year 2025, GEERT VANACKER made a profit of €299,280.
Where can I find the annual accounts of GEERT VANACKER?
GEERT VANACKER filed 34 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of GEERT VANACKER due?
GEERT VANACKER must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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