GEERT VERSLUYS
ActiveGEERT VERSLUYS has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.96M and a net result of €16k. Equity is growing by ~11.8% per year across the filed fiscal years. Its solvency ranks better than 84% of 19357 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
81
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability70▼-2
Solvency100▲+7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €150k at 30 days acceptable
Liquidity ample (current ratio 2.0 against 2.77 in 2023; short-term debt: 20.7% and cash: 1.1% of total assets), and 20.7% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
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 2024Solvency, return and age of the figures
Solvency
79.3%
Return on assets
0.7%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-08-2025, 1 day later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
1 d late
2023
55 d late
2022
92 d late
2021
38 d early
2020
15 d early
2019
18 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€1.96M▲ 232%
2023 · €590k
2019: €392k
2020: €647k
2021: €636k
2022: €613k
2023: €590k
2019 → 2024
Total assets
€2.47M▲ 185%
2023 · €866k
2019: €1.01M
2020: €884k
2021: €758k
2022: €722k
2023: €866k
2019 → 2024
Net result
€16k▼ 20.0%
2023 · €20k
2019: €-199k
2020: €254k
2021: €-11k
2022: €-23k
2023: €20k
2019 → 2024
Working capital
€514k▲ 5.2%
2023 · €488k
2019: €494k
2020: €491k
2021: €491k
2022: €482k
2023: €488k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€647k-€636k▼ 1.6%€613k▼ 3.6%€590k▼ 3.7%€1.96M▲ 232%
Operating result€250k-€-16k€-30k▼ 85.5%€21k€10k▼ 51.7%
Net result€254k-€-11k€-23k▼ 118%€20k€16k▼ 20.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 52% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.47M
Fixed assets
€1.44M▲ 1,314%
Current assets
€1.03M▲ 34.4%
Equity and liabilities €2.47M
Equity
€1.96M▲ 232%
Debt
€513k▲ 86.1%
The debt ratio falls from 31.8% to 20.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€20k▼
2023 · €51k
Cash flow
€26k▼
2023 · €51k
Solvency
79.3%▲
2023 · 68.2%
Current ratio
2.00▼
2023 · 2.77
Quick ratio
2.00▼
2023 · 2.77
Debt / equity
0.26▼
2023 · 0.47
ROE
0.8%▼
2023 · 3.4%
ROA
0.7%▼
2023 · 2.3%
Interest coverage
8.10▼
2023 · 9.86
Debt
€513k▲
2023 · €275k
Debt ≤ 1 year
€512k▲
2023 · €275k
Income taxes
€-34▼
2023 · €1k
Staff costs
€904▲
2023 · €760
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€866k€2.47M▲
Fixed assets21/28€102k€1.44M▲
Tangible fixed assets22/27€102k€1.44M▲
Land and buildings22€100k€1.44M▲
Plant, machinery and equipment23€1k€1k▼
Financial fixed assets28€210€210=
Current assets29/58€764k€1.03M▲
Amounts receivable within one year40/41€672k€992k▲
Trade receivables40€519k€800k▲
Other amounts receivable41€152k€191k▲
Cash at bank and in hand54/58€84k€27k▼
Deferred charges and accrued income490/1€8k€8k▼
Equity and liabilities
Total equity and liabilities10/49€866k€2.47M▲
Equity10/15€590k€1.96M▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Revaluation surpluses12-€1.35M
Reserves13€75k€75k=
Non-distributable reserves130/1€37k€37k=
Legal reserve130€37k€37k=
Tax-exempt reserves132€38k€38k=
Profit (loss) carried forward14€454k€470k▲
Amounts payable17/49€275k€513k▲
Amounts payable within one year42/48€275k€512k▲
Current portion of amounts payable after more than one year42€2k-
Trade debts44€192k€420k▲
Suppliers440/4€192k€420k▲
Taxes, remuneration and social security45€38k€21k▼
Taxes450/3€38k€21k▼
Other amounts payable47/48€43k€72k▲
Accrued charges and deferred income492/3-€103
Income statement
Code20232024
Non-recurring operating income76A€905€4k▲
Remuneration, social security and pensions62€760€904▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€30k€10k▼
Other operating charges640/8€16k€7k▼
Non-recurring operating charges66A€22k€162▼
Gross operating margin9900€89k€28k▼
Operating profit (loss)9901€21k€10k▼
Financial income75/76B€6k€9k▲
Recurring financial income75€6k€9k▲
Financial charges65/66B€5k€2k▼
Recurring financial charges65€5k€2k▼
Profit (loss) for the period before taxes9903€22k€16k▼
Income taxes67/77€1k€-34▼
Profit (loss) for the period9904€20k€16k▼
Profit (loss) for the period to be appropriated9905€20k€16k▼
Appropriation of the result
Profit (loss) to be appropriated9906€497k€470k▼
Profit (loss) brought forward from the previous period14P€476k€454k▼
Profit to be distributed694/7€43k-
Return on contributions (dividend)694€43k-
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
01-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 1 day late
2024
31-12
Financial
Equity above €1MEq €1.96M ▲232%
2 profitable years in a row build equity to €1.96M.
24-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 55 days late
2023
31-12
Financial
Back to profitnet €20k
Net result €20k after 2 loss-making years.
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 92 days late
2022
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
16-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €254k
Net result €254k after one loss-making year.
31-12
Financial
Equity above €500kEq €647k ▲64.8%
Equity rises from €392k to €647k.
13-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
20-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
07-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
21-06
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.
Directors · office · real estate
Directors
10 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, Aalter · 1 establishment unit since 1991
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.
Urselseweg 359910 AalterGround area
439 m²
Building footprint
214 m²
Volume, LiDAR
1,073 m³
Parcel 44029B0665/00V000, Flanders · tallest building 10.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Urselseweg 35, 9910 Aalter
since 19912.051.645.515
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44029B0665/00V000 | Flanders | 439 m² | 1 · 214 m² | 10.2 m · 2 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.
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FELUY IMMOBATI
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D2H
BE 0559.944.574
Comines-Warneton · Eq €1.97M
Of 12,023 companies in sector 68203 we hold annual accounts for 5,986. 3,643 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded08-01-1991
Fiscal year end31-12
Activities, NACEBEL
68203Renting and operating of own or leased non-residential real estate, excluding land
43990Other specialised construction activities
68110Buying and selling of own real estate
77320Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.