GEERTS
ActiveGEERTS has been active since 1984 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €14k and a net result of €-8k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 33% of 3112 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
66
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability13▼-31
Solvency41▼-7
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 9.19 against 8.57 in 2024; short-term debt: 10.9% and cash: 36.5% of total assets), but 83.7% 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+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 01
Relative position
BE, all sectors
reference
Sector 01
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
16.3%
Return on assets
-9.6%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days 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
27 d late
2024
28 d late
2023
28 d late
2022
29 d late
2021
31 d late
2020
26 d late
2019
31 d late
← 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€14k▼ 37.2%
2024 · €22k
2018: €21k
2019: €10k
2020: €6k
2021: €600
2022: €4k
2023: €19k
2024: €22k
2018 → 2025
Total assets
€85k▼ 10.6%
2024 · €95k
2018: €36k
2019: €23k
2020: €15k
2021: €12k
2022: €16k
2023: €140k
2024: €95k
2018 → 2025
Net result
€-8k
2024 · €3k
2018: €30k
2019: €-6k
2020: €-4k
2021: €-5k
2022: €-2k
2023: €16k
2024: €3k
2018 → 2025
Working capital
€76k▼ 9.8%
2024 · €84k
2018: €26k
2019: €16k
2020: €12k
2021: €6k
2022: €7k
2023: €19k
2024: €84k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€600-€4k▲ 502%€19k▲ 439%€22k▲ 13.1%€14k▼ 37.2%
Operating result€-5k-€-2k▲ 64.2%€17k€3k▼ 79.5%€-8k
Net result€-5k-€-2k▲ 63.1%€16k€3k▼ 83.9%€-8k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €8k after €3k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €85k
Equity
€14k▼ 37.2%
Debt
€71k▼ 2.5%
The debt ratio rises from 76.8% to 83.7%. Equity and debt are lower.
Key figures and ratios
Solvency
16.3%▼
2024 · 23.2%
Current ratio
9.19▲
2024 · 8.57
Quick ratio
9.19▲
2024 · 8.57
Debt / equity
5.15▲
2024 · 3.31
ROE
-59.3%▼
2024 · 11.6%
ROA
-9.6%▼
2024 · 2.7%
Debt
€71k▼
2024 · €73k
Debt ≤ 1 year
€9k▼
2024 · €11k
Income taxes
€0▼
2024 · €955
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€95k€85k▼
Current assets29/58€95k€85k▼
Amounts receivable within one year40/41€4k€4k▲
Trade receivables40€4k€4k=
Other amounts receivable41€299€467▲
Current investments50/53-€50k
Cash at bank and in hand54/58€91k€31k▼
Equity and liabilities
Total equity and liabilities10/49€95k€85k▼
Equity10/15€22k€14k▼
Contributions10/11€19k€19k=
Reserves13€6k€6k=
Non-distributable reserves130/1€1k€1k=
Reserves not available under the articles1311€1k€1k=
Distributable reserves133€4k€4k=
Profit (loss) carried forward14€-2k€-10k▼
Amounts payable17/49€73k€71k▼
Amounts payable within one year42/48€11k€9k▼
Trade debts44€404€7▼
Suppliers440/4€404€7▼
Taxes, remuneration and social security45€2k€927▼
Taxes450/3€2k€927▼
Other amounts payable47/48€9k€8k▼
Accrued charges and deferred income492/3€62k€62k=
Income statement
Code20242025
Other operating charges640/8€616€629▲
Gross operating margin9900€4k€-8k▼
Operating profit (loss)9901€3k€-8k▼
Financial income75/76B€93€244▲
Recurring financial income75€93€244▲
Financial charges65/66B€79€75▼
Recurring financial charges65€79€75▼
Profit (loss) for the period before taxes9903€4k€-8k▼
Income taxes67/77€955€0▼
Profit (loss) for the period9904€3k€-8k▼
Profit (loss) for the period to be appropriated9905€3k€-8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-2k€-10k▼
Profit (loss) brought forward from the previous period14P€-5k€-2k▲
The notes to these accounts (7 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
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
31-12
Financial
Weakest financial yearnet €-8k ▼421%
Net result drops to €-8k, the lowest in the series.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Liquidity times 7current ratio 8.57
Current ratio from 1.16 to 8.57; short-term debt falls from €121k to €11k.
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
31-12
Financial
Back to profitnet €16k
Net result €16k after 4 loss-making years.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
20-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Sint-Gillis-Waas · 1 establishment unit since 1984
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.
Bloempotstraat(MD) 439170 Sint-Gillis-WaasGround area
6,439 m²
Building footprint
223 m²
Volume, LiDAR
1,302 m³
Parcel 46015B0813/00F000, Flanders · tallest building 10.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Bloempotstraat(MD) 43, 9170 Sint-Gillis-Waas
since 19842.024.633.884
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46015B0813/00F000 | Flanders | 6,439 m² | 1 · 223 m² | 10.1 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.
Similar companies · same sector, comparable size
CULTEA
BE 0875.078.075
Linter · Eq €14k
NIMITA Boomkwekerij
BE 0460.547.387
Hasselt · Eq €14k
De Meirleir
BE 0764.608.933
Vosselaar · Eq €14k
Rois des Cultures
BE 1003.606.144
Oudenaarde · Eq €13k
HORSE POWER
BE 0466.768.948
Koksijde · Eq €13k
Of 3,625 companies in sector 01130 we hold annual accounts for 789. 216 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded16-05-1984
Fiscal year end31-12
Activities, NACEBEL
01121
01130Growing of vegetables, melons, roots and tubers
01410Raising of dairy cattle
81300Landscape service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 41 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.