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GELEEFD HOUT

Active
Private limited companyfounded 2022active for 4 yearsOnderzeel (C) 24, 2920 Kalmthout, BelgiumKBO/BCE: BE 0781.715.674

From the official registers: KBO 3 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The annual accounts of GELEEFD HOUT for financial year 2025 show a net loss of 58% of the equity at the start of that year. The 2025 annual accounts show equity of €11,641 and a net result of -€15,958. Equity has been shrinking by about 20% per year since 2023. Its solvency ranks better than 36% of 13,716 sector peers (NACE 46, financial year 2025). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.9% (low).

Overview

Official details

KBO
Status
Active since 08-02-2022 Normal situation
Activity
Wholesale of timber NACE 46832and 5 others
Establishment unit
2.327.847.075 2930 Brasschaat, since 08-02-2022
Financial year end
31 December
Peppol
Reachable since 14-06-2024

Board and ownership

Board
  • KABO BVDirector
  • Smets OmarDirector

Financial position

54 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.9%
Annual accounts 2025
Gross margin
€2,349
▼ 92.2%
Turnover
≈ €29,000
estimated
Loss
€15,958
Equity
€11,641
▼ 57.8%
Total assets
€51,489
▼ 70.8%
Filed on 24-07-2026, 7 days before the deadlineat the National Bank
Score breakdownraises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearFounded in 2022lowers riskLiquidity: current ratio 1.32, cash €18,573, halvedFigures for financial year 2025 (filed on 02-08-2026)Size: total assets €51,489Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 27% of micro companies in wholesale trade (NACE 46)
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency 48+7
equity 22.6% of total assets
Liquidity 54=
short-term debt 75.9% · cash 36.1%
Profitability 0-49
return on assets -31.0%
Bankruptcy probability within 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%

About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,900 companies, NACE 46, micro)
Last 24 months 11-2024: 1.3% 12-2024: 1.3%● unchanged vs 11-2024 01-2025: 1.3%● unchanged vs 12-2024 02-2025: 1.3%● unchanged vs 01-2025 03-2025: 1.3%● unchanged vs 02-2025 04-2025: 1.3%● unchanged vs 03-2025 05-2025: 1.4%▲ +0.1 percentage points vs 04-2025 06-2025: 1.4%● unchanged vs 05-2025 07-2025: 1.5%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.8%▼ -0.7 percentage points vs 07-2025 09-2025: 0.8%● unchanged vs 08-2025 10-2025: 0.7%▼ -0.1 percentage points vs 09-2025 11-2025: 0.6%▼ -0.1 percentage points vs 10-2025 12-2025: 0.6%● unchanged vs 11-2025 01-2026: 0.6%● unchanged vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026lowest value 03-2026: 0.6%● unchanged vs 02-2026lowest value 04-2026: 0.6%● unchanged vs 03-2026 05-2026: 0.7%▲ +0.1 percentage points vs 04-2026 06-2026: 0.7%● unchanged vs 05-2026 07-2026: 0.8%▲ +0.1 percentage points vs 06-2026 08-2026: 0.9%▲ +0.1 percentage points vs 07-2026 09-2026: 0.9%● unchanged vs 08-2026 10-2026: 0.9%● unchanged vs 09-2026
Credit of up to €500 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is tight, with a current ratio of 1.32 (1.19 in 2024), below the usual 1.5. Short-term debt is 75.9% and cash 36.1% of total assets. 77.4% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro). It does better than 34% of them on solvency, 59% on liquidity, 6% on profitability and 9% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 1.32, cash €18,573, halved
NBB · annual accounts
raises risk · Founded in 2022
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Figures for financial year 2025 (filed on 02-08-2026)
NBB · annual accounts
lowers risk · Size: total assets €51,489
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-07-2026, 7 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
7 days early
2024
9 days early
2023
8 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 3 accounts on average 8 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 24 July (3 of the last 3 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2022.
KBO publications

Key points

  • Caution: Lower net result than 86% of companies in wholesale tradesector median €5,660 · 13,722 companies -€15,958 View

Comparable companies

These companies have the same main activity as GELEEFD HOUT: wholesale of timber (NACE 46832). They are comparable in size and age: total assets between €13,800 and €191,000, founded between 2018 and 2024.

CompanyTotal assetsGross margin
GELEEFD HOUT Kalmthout€51,489€2,349
Victory Art Zutendaal€96,045-€15,033
Stretch Productions Beveren-Kruibeke-Zwijndrecht€56,212-€19,154
LUXTERIOR Genk€111,793€1,563
De Houtboerkes Nazareth-De Pinte€104,832-€61,587
WESTERN FALCON Wemmel€191,325-€1,749
DISTRI-PELLETS Mettet€13,848-€2,803
Full comparison

Documents

Annual accounts at the NBB

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about GELEEFD HOUT

What is the company number of GELEEFD HOUT?
The company number of GELEEFD HOUT is 0781.715.674. The VAT number is the same number with BE in front: BE 0781.715.674.
Where is GELEEFD HOUT based?
The registered office is at Onderzeel (C) 24, 2920 Kalmthout.Company details
What does GELEEFD HOUT do?
According to the KBO register, the main activity is wholesale of timber (NACE 46832).
What is the legal form of GELEEFD HOUT?
The legal form of GELEEFD HOUT is Private limited company (BV).
When was GELEEFD HOUT founded?
GELEEFD HOUT was founded on 08-02-2022.
Is GELEEFD HOUT still active?
Yes, GELEEFD HOUT is an active enterprise in the KBO register.
What is the turnover of GELEEFD HOUT?
The turnover in financial year 2025 is ≈ €29,000. This figure is estimated from the gross margin of €2,349 and 216 comparable companies (NACE 46). It probably lies between €14,000 and €74,000. It is a rough estimate.Financials
Is GELEEFD HOUT profitable?
In financial year 2025, GELEEFD HOUT made a loss of €15,958.
Where can I find the annual accounts of GELEEFD HOUT?
GELEEFD HOUT filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of GELEEFD HOUT due?
GELEEFD HOUT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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