Geerts
ActiveSummary
Geerts has been active since 1968 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €345,801 and a net result of €19,614. Equity is growing by ~15.2% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability51▼-13
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25,000 at 30 days acceptable
Liquidity ample (current ratio 5.72 against 3.57 in 2024; short-term debt: 7% and cash: 39.1% of total assets), and 7.4% of the assets are financed with debt.
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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
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
92.6%
Return on assets
5.3%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 19-12-2025, 43 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
43 d early
2024
49 d early
2023
71 d early
2022
61 d early
2021
116 d early
2020
62 d early
2019
38 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 63 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close27-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€345,801=
2024 · €345,801
Total assets
€373,543▼ 5.5%
2024 · €395,332
Net result
€19,614▼ 52.3%
2024 · €41,121
Working capital
€122,922=
2024 · €122,871
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€12,930▲ 0.6%€178,885▲ 1,283%€74,017▼ 58.6%€55,534▼ 25.0%€26,079▼ 53.0%
Net result€2,603▲ 134%€164,503▲ 6,221%€53,898▼ 67.2%€41,121▼ 23.7%€19,614▼ 52.3%
Equity€127,400▲ 2.1%€291,903▲ 129%€345,801▲ 18.5%€345,801=€345,801=
Total assets€596,362▲ 0.5%€418,456▼ 29.8%€433,035▲ 3.5%€395,332▼ 8.7%€373,543▼ 5.5%
Debt€468,962▲ 0.1%€126,553▼ 73.0%€87,235▼ 31.1%€49,532▼ 43.2%€27,743▼ 44.0%
Working capital-€340,165▼ 11.2%€152,110€165,214▲ 8.6%€122,871▼ 25.6%€122,922=
Staff (FTE)00
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 has fallen three years in a row; 2025 is 53% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €373,543
Fixed assets
€224,579 =
Current assets
€148,965 ▼ 12.8%
Equity and liabilities €373,543
Equity
€345,801 =
Debt
€27,743 ▼ 44.0%
Debt's share of the balance-sheet total falls from 12.5% to 7.4%. Debt is lower.
Key figures and ratios
Current ratio
5.72▲
2024 · 3.57
Debt to equity
0.08▼
2024 · 0.14
ROE
5.7%▼
2024 · 11.9%
ROA
5.3%▼
2024 · 10.4%
Debt ≤ 1 year
€26,042▼
2024 · €47,883
Income taxes
€6,731▼
2024 · €13,783
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,324 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.4%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 31,324 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €143,356 | - | €27,000 | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €200 | - | - | - | - | - |
| Other operating charges640/8 | - | €2,913 | €3,050 | €1,839 | €3,163 | ▲ 72.0% |
| Gross operating margin9900 | €15,853 | €181,798 | €77,067 | €57,373 | €29,242 | ▼ 49.0% |
| Operating profit (loss)9901 | €12,930 | €178,885 | €74,017 | €55,534 | €26,079 | ▼ 53.0% |
| Financial income75/76B | - | - | €621 | €0 | €319 | - |
| Recurring financial income75 | - | - | €621 | €0 | €319 | - |
| Financial charges65/66B | - | €7,292 | €2,975 | €630 | €53 | ▼ 91.6% |
| Recurring financial charges65 | €9,380 | €7,292 | €2,975 | €630 | €53 | ▼ 91.6% |
| Profit (loss) for the period before taxes9903 | €3,550 | €171,593 | €71,663 | €54,904 | €26,345 | ▼ 52.0% |
| Income taxes67/77 | €947 | €7,090 | €17,765 | €13,783 | €6,731 | ▼ 51.2% |
| Profit (loss) for the period9904 | €2,603 | €164,503 | €53,898 | €41,121 | €19,614 | ▼ 52.3% |
| Profit (loss) for the period to be appropriated9905 | €2,603 | €164,503 | €53,898 | €41,121 | €19,614 | ▼ 52.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €596,362 | €418,456 | €433,035 | €395,332 | €373,543 | ▼ 5.5% |
| Fixed assets21/28 | €590,252 | €224,579 | €224,579 | €224,579 | €224,579 | = |
| Tangible fixed assets22/27 | €224,579 | €224,579 | €224,579 | €224,579 | €224,579 | = |
| Land and buildings22 | - | €224,579 | €224,579 | €224,579 | €224,579 | = |
| Financial fixed assets28 | €365,673 | - | - | - | - | - |
| Current assets29/58 | €6,110 | €193,877 | €208,456 | €170,754 | €148,965 | ▼ 12.8% |
| Amounts receivable within one year40/41 | - | €156,339 | €159,969 | €76,354 | €2,953 | ▼ 96.1% |
| Trade receivables40 | - | €3,630 | €7,260 | €0 | - | - |
| Other amounts receivable41 | - | €152,709 | €152,709 | €76,354 | €2,953 | ▼ 96.1% |
| Cash at bank and in hand54/58 | €6,110 | €37,539 | €48,488 | €94,399 | €146,012 | ▲ 54.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €596,362 | €418,456 | €433,035 | €395,332 | €373,543 | ▼ 5.5% |
| Equity10/15 | €127,400 | €291,903 | €345,801 | €345,801 | €345,801 | = |
| Contributions10/11 | - | €18,550 | €18,550 | €18,550 | €18,550 | = |
| Reserves13 | €108,850 | €273,353 | €327,251 | €327,251 | €327,251 | = |
| Non-distributable reserves130/1 | - | €11,821 | €11,821 | €11,821 | €11,821 | = |
| Reserves not available under the articles1311 | - | €11,821 | €11,821 | €11,821 | €11,821 | = |
| Tax-exempt reserves132 | - | €41,778 | €41,778 | €41,778 | €41,778 | = |
| Distributable reserves133 | - | €219,755 | €273,652 | €273,652 | €273,652 | = |
| Profit (loss) carried forward14 | - | - | - | €0 | €0 | - |
| Amounts payable17/49 | €468,962 | €126,553 | €87,235 | €49,532 | €27,743 | ▼ 44.0% |
| Amounts payable after more than one year17 | €115,577 | €77,083 | €37,418 | €0 | - | - |
| Financial debts170/4 | - | €77,083 | €37,418 | €0 | - | - |
| Amounts payable within one year42/48 | €346,275 | €41,768 | €43,243 | €47,883 | €26,042 | ▼ 45.6% |
| Current portion of amounts payable after more than one year42 | - | €38,494 | €39,665 | €0 | - | - |
| Trade debts44 | - | €1,017 | €589 | €5,660 | €4,054 | ▼ 28.4% |
| Suppliers440/4 | - | €1,017 | €589 | €5,660 | €4,054 | ▼ 28.4% |
| Taxes, remuneration and social security45 | - | €2,257 | €2,989 | €1,102 | €2,379 | ▲ 116% |
| Taxes450/3 | - | €2,257 | €2,989 | €1,102 | €2,379 | ▲ 116% |
| Other amounts payable47/48 | - | - | - | €41,121 | €19,609 | ▼ 52.3% |
| Accrued charges and deferred income492/3 | - | €7,702 | €6,574 | €1,649 | €1,700 | ▲ 3.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,603 | €164,503 | €53,898 | €41,121 | €19,614 | ▼ 52.3% |
| + Depreciation and write-downs630 | €200 | - | - | - | - | - |
| Operating cash flow (approximation) | €2,803 | €164,503 | €53,898 | €41,121 | €19,614 | ▼ 52.3% |
| Investment in fixed assets (approximation) | - | €365,673 | €0 | €0 | €0 | - |
| Change in cash | - | €31,429 | €10,949 | €45,911 | €51,612 | ▲ 12.4% |
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
21-08
State Gazette act
Resignation: Klitsie Cornelis (director)Appointments: Adriana Bosiacka (director) and Wojciecn Stec (director)5 facts ▸
State Gazette act
Resignation: Klitsie Cornelis (director)
Appointments: Adriana Bosiacka (director) and Wojciecn Stec (director)5 facts ▸
- General meeting, 31-03-2026
- Director resignation, Klitsie Cornelis (director)
- Director appointment, Adriana Bosiacka (director)
- Director appointment, Wojciecn Stec (director)
- Other statement, volledig afgehandelde dagorde, vergadering kan worden opgeheven
2025
19-12
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
13-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
21-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
01-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
30-06
Financial
Highest result since 2019net €164,503 ▲6,221%
Operating result €178,885, net result €164,503, both a record.
30-06
Financial
Liquidity times 263current ratio 4.64
Current ratio from 0.02 to 4.64; short-term debt falls from €346,275 to €41,768.
30-06
Financial
Equity above €200,000Eq €291,903 ▲129%
4 profitable years in a row build equity to €291,903.
2021
07-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
24-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
24-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 24 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 8 acts read
About the unread acts
Of the 8 Belgian State Gazette acts we know for this company, 1 has been read. The other 7 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 directors, last change in 2026
Adriana Bosiacka
CurrentDirector · since 01-04-2026
Wojciecn Stec
CurrentDirector · since 01-04-2026
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
7 of this company's 8 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Brecht · 1 establishment unit since 1963
Ground area
2,938 m²
Building footprint
1,386 m²
Volume, LiDAR
8,600 m³
Parcel 11333D0739/00M000, Flanders · tallest building 7.2 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Geerts BV
since 19632.039.596.927
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11333D0739/00M000 | Flanders | 2,938 m² | 1 · 1,386 m² | 7.2 m · 2 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.
Mandate history
3 people since 2026, 2 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Adriana Bosiacka |
|
| Wojciecn Stec |
|
| Klitsie Cornelis |
|
Structure & network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
+N: links not shown yet
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Identification & contact
Identification
Legal formPrivate limited company
Founded01-01-1968
Fiscal year end30-06
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.