Financials
- Financial year
- 2021
- Total assets
- €1.1m
- Loss
- -€25,169
- Solvency
- 25.5%
Total assets▲ 28.1%
Net result
20182021
Geisswhat
ActiveSummary
The computed 12-month bankruptcy probability of Geisswhat is 9.6% (elevated). For Geisswhat, at least two filing cycles of the annual accounts are missing. The 2021 annual accounts show equity of €270,510 and a net result of -€25,169. Equity is growing by about 4.2% per year across the filed financial years. Its solvency ranks better than 45% of 14,968 sector peers (NACE 56, financial year 2021). The company has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Limited-service restaurants, excluding mobile food services
NACE 56112
1 site
Size
€1.1mtotal assets 2021
- Equity
- €270,510
- Loss
- -€25,169
Turnover not published (micro format)
Financial health
- Bankruptcy probabilitywithin 12 months
- 9.6%
2021 figures too old to score
Structure
Accounts 1166 days overdue0 of 3 deeds read
Signalsraises riskFigures for financial year 2021 (filed 12-09-2022)3 financial years not filed after the legal deadline; latest accounts 37 days late; 3 of the last 3 lateLiquidity: current ratio 1.48No filing in 24 months (latest 12-09-2022)Two or more financial years not filedneutralFiled after the deadlineShow the evidence
Bankruptcy probability
No current score
Figures too old
The available figures for FY 2021 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Financial strength, FY 2021 · tick = 2020
Average
Solvency
51-10
equity 25.5% of total assets
Liquidity
61+18
short-term debt 41.0%
Profitability
58+4
return on assets -2.4%
Bankruptcy probability, 12 months
9.6%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 1 in 10 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 15.8%highest value
12-2024: 15.8%● unchanged vs 11-2024highest value
01-2025: 10.1%▼ -5.7 percentage points vs 12-2024
02-2025: 10.1%● unchanged vs 01-2025
03-2025: 10.1%● unchanged vs 02-2025
04-2025: 10.1%● unchanged vs 03-2025
05-2025: 10.1%● unchanged vs 04-2025
06-2025: 10.1%● unchanged vs 05-2025
07-2025: 10.1%● unchanged vs 06-2025
08-2025: 9.6%▼ -0.5 percentage points vs 07-2025lowest value
09-2025: 9.6%● unchanged vs 08-2025lowest value
10-2025: 9.6%● unchanged vs 09-2025lowest value
11-2025: 9.6%● unchanged vs 10-2025lowest value
12-2025: 9.6%● unchanged vs 11-2025lowest value
01-2026: 9.6%● unchanged vs 12-2025lowest value
02-2026: 9.6%● unchanged vs 01-2026lowest value
03-2026: 9.6%● unchanged vs 02-2026lowest value
04-2026: 9.6%● unchanged vs 03-2026lowest value
05-2026: 9.6%● unchanged vs 04-2026lowest value
06-2026: 9.6%● unchanged vs 05-2026lowest value
07-2026: 9.6%● unchanged vs 06-2026lowest value
08-2026: 9.6%● unchanged vs 07-2026lowest value
09-2026: 9.6%● unchanged vs 08-2026lowest value
10-2026: 9.6%● unchanged vs 09-2026lowest value
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Signals
Six signals.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 4 filingsPosition against the passed deadline
31-12-2022 year end31-07-2023 deadline09-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 06-09-2022, 37 days later. For context: 47% of Belgian companies file late, and of those that file 1 to 90 days late, 2.0% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
37 days late
2020
122 days late
2019
94 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 84 days after the deadline; the sector median (NACE 56) for financial year 2024 is 6 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2021 · micro…
- Weakest financial yearnet -€25,169
- Annual accounts filedfinancial year 2020 · micro…
Key points
By topic
Timeline
- Events
- 6
- Since
- 2019
- 31-12-2020Back to profit
- 02-11-2020Annual accounts filed
- 19-09-2019Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Limited-service restaurants, excluding mobile food servicesNACE 56112
- Founded
- 29-03-2017
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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