Geerts Raf
The computed 12-month bankruptcy probability of Geerts Raf is 0.8% (low). The 2025 annual accounts show equity of €276k and a net result of €1k. Equity is shrinking by ~8.9% per year across the filed fiscal years. Its solvency ranks better than 74% of 2866 sector peers (fiscal year 2025). The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €276k |
| Net result | €1k |
| Better than sector | 74% |
| Active | 13 yrs |
Strong profile, led by stability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 63.8% | 43.4% | |
| Net result | €1k | €14k | |
| Equity | €276k | €44k | |
| Gross operating margin | €29k | €39k | |
| Total assets | €433k | €115k |
| Fiscal year | 2025 |
|---|---|
| Revenue | - |
| EBITDA | €26k |
| Net profit | €1k |
| Cash flow | €21k |
| Staff costs | - |
| Income taxes | €157 |
| Dividends | €28k |
| Total assets | €433k |
| Equity | €276k |
| Debt | €157k |
| of which ≤ 1y | €25k |
| of which > 1y | €130k |
| Working capital | €234k |
| Employees (FTE) | - |
| 2025 | |
|---|---|
| Current ratio | 10.23 |
| Quick ratio | 10.23 |
| Working capital ratio | 54.0% |
| Solvency | 63.8% |
| Debt / equity | 0.57 |
| Long-term debt ratio | 0.47 |
| Interest coverage | 4.81 |
| Gross margin | - |
| Net margin | - |
| ROA | 0.3% |
| ROE | 0.4% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €433k |
| Fixed assets | 21/28 | €174k |
| Tangible fixed assets | 22/27 | €174k |
| Current assets | 29/58 | €259k |
| Amounts receivable within one year | 40/41 | €6k |
| Investments | 50/53 | €34k |
| Cash & bank | 54/58 | €200k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €433k |
| Equity | 10/15 | €276k |
| Contributions / capital | 10/11 | €1k |
| Reserves | 13 | €275k |
| Amounts payable | 17/49 | €157k |
| Amounts payable after one year | 17 | €130k |
| Amounts payable within one year | 42/48 | €25k |
| Trade debts payable within one year | 44 | €2k |
| Income statement | ||
| Gross operating margin | 9900 | €29k |
| Operating result | 9901 | €7k |
| Financial income | 75 | €187 |
| Financial charges | 65 | €5k |
| Result before taxes | 9903 | €1k |
| Income taxes | 67/77 | €157 |
| Net result for the period | 9904 | €1k |
| Result to be appropriated | 9905 | €1k |
| NACE primary | Specialised construction(43910) |
| Legal form | Private limited company(610) |
| Incorporation | 01-08-2012 |
| Status | Active |
| Postal code | 2260 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13052A0225/00E000 | Flanders | 708 m² | 1 · 123 m² | 8.0 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
03-02-2025 Registered office moved from Wiekevorst to Westerlo
- Wiekevorstse Goorweg 40, 2222 Wiekevorst → De Wijk 34, 2260 Westerlo
Technical details
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"street": "De Wijk",
"country": "BE",
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"street_number": "34",
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},
"old_address": {
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"postcode": "2222",
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"street_number": "40",
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},
"effective_date": "2024-12-27",
"evidence_quote": "",
"region_changed": false,
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"old_address_source": "header_volledig_adres",
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"effective_date_qualifier": "absolute",
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}
],
"notary": {
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"office_city": "Mechelen",
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},
"act_meta": {
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"act_kind_objet": "Zetel (zetelverplaatsing)"
},
"decision": {
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"date": "2024-12-27",
"unanimous": null
},
"subject_company": {
"kbo": "0848.503.243",
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"publication_proxy": {
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"person_name": "RAF GEERTS",
"org_rep_person_name": null,
"person_role_at_subject": "Bestuurder"
},
"co_filed_documents": [
"de notulen van de algemene vergadering dd. 27/12/2024"
]
}21-03-2023 1 director appointed, 1 resigning, 1 reappointed
- VAN DEN BULCK, Isabel Jozef Stephania, Bestuurder
- GEERTS Raf, Bestuurder
- GEERTS Raf, Niet-statutair bestuurder
Technical details
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},
"reason": "end_of_term",
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"compensated": true,
"effective_date": "2023-03-16",
"evidence_quote": "",
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"effective_date_qualifier": "immediate"
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{
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{
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{
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{
"kind": "substantive_delegation",
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"via_org": {
"kbo": "0553.694.113",
"name": "SBK Accountancy BV",
"address": "Winkelomseheide 210, 2440 Geel",
"country": "BE",
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},
"statutory": null,
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],
"notary": {
"name": "Bieke Heyns",
"firm_city": null,
"firm_name": null,
"office_city": "Herentals",
"is_associated": false
},
"act_meta": {
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"pub_date": "2023-03-21",
"filing_date": "2023-03-16",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "buitengewone_algemene_vergadering",
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"unanimous": true
}
],
"is_correction": false,
"subject_company": {
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},
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},
"co_filed_documents": [],
"corrected_publication_numac": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | Geerts Raf |