Skip to content

GEO BATI

Active
Private limited companyfounded 2020active for 6 yearsLuikersteenweg 522, 3700 Tongeren-Borgloon, BelgiumKBO/BCE: BE 0747.776.562

The file of GEO BATI contains 2 historical bankruptcy publications, as published in the Belgian Official Gazette.

Summary

The computed 12-month bankruptcy probability is 5.9% (elevated). The 2024 annual accounts show negative equity (-€17,445) and a net result of -€28,348. Equity is shrinking by about 57% per year across the filed financial years. Its solvency ranks better than 9% of 36,379 sector peers (NACE 43, financial year 2024).

Overview

Activity
Roofing work
NACE 43410
1 site
Size
€447,502total assets 2024
Equity
-€17,445
Loss
-€28,348
Turnover not published (micro format)
Financial health
33 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
5.9%
Structure
Accounts 71 days overdue0 of 2 deeds read
Why 33raises risk1 financial year not filed after the legal deadline; latest accounts 104 days late; 3 of the last 3 lateFigures for financial year 2024 (filed 12-11-2025)Loss of €28,348, the second in a row (financial year 2024)lowers riskSize: total assets €447,502Show the evidence

Checked score

Score 2024
33 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 6% of its sector peers (NACE 43, micro)
Financial strength · tick = 2023
Weak
Solvency 21-10
equity -3.9% of total assets
Liquidity 1+1
short-term debt 103.9% · cash 1.1%
Profitability 22-6
return on assets -6.3%
Bankruptcy probability, 12 months
5.9% Elevated
0%0.5%1.5%4%10%≥ 25%

About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,541 companies, NACE 43, micro)
Last 24 months 11-2024: 12.8% 12-2024: 12.8%● unchanged vs 11-2024 01-2025: 12.8%● unchanged vs 12-2024 02-2025: 13.6%▲ +0.8 percentage points vs 01-2025 03-2025: 13.6%● unchanged vs 02-2025 04-2025: 14.1%▲ +0.5 percentage points vs 03-2025 05-2025: 14.2%▲ +0.1 percentage points vs 04-2025 06-2025: 14.1%▼ -0.1 percentage points vs 05-2025 07-2025: 13.6%▼ -0.5 percentage points vs 06-2025 08-2025: 13.9%▲ +0.3 percentage points vs 07-2025 09-2025: 14.6%▲ +0.7 percentage points vs 08-2025 10-2025: 18.4%▲ +3.8 percentage points vs 09-2025highest value 11-2025: 17.6%▼ -0.8 percentage points vs 10-2025 12-2025: 6.5%▼ -11.1 percentage points vs 11-2025 01-2026: 6.5%● unchanged vs 12-2025 02-2026: 6.5%● unchanged vs 01-2026 03-2026: 6.5%● unchanged vs 02-2026 04-2026: 7.0%▲ +0.5 percentage points vs 03-2026 05-2026: 7.6%▲ +0.6 percentage points vs 04-2026 06-2026: 4.3%▼ -3.3 percentage points vs 05-2026 07-2026: 4.2%▼ -0.1 percentage points vs 06-2026lowest value 08-2026: 4.6%▲ +0.4 percentage points vs 07-2026 09-2026: 4.5%▼ -0.1 percentage points vs 08-2026 10-2026: 5.9%▲ +1.4 percentage points vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.96, compared with 1.07 in 2023; short-term debt: 103.9% and cash: 1.1% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 43, micro): better than 7% on solvency, 2% on liquidity, 14% on profitability and 1% on growth.

The bankruptcy probability was computed on 09-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Seven signals.
lowers riskraises riskneutral
raises risk · 1 financial year not filed after the legal deadline; latest accounts 104 days late; 3 of the last 3 late
NBB · filings
raises risk · Figures for financial year 2024 (filed 12-11-2025)
NBB · annual accounts
lowers risk · Size: total assets €447,502
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Loss of €28,348, the second in a row (financial year 2024)
NBB · annual accounts
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
21222324
2021 to 2024 · latest year -€17,445
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian Official Gazette, no current open procedure.
Belgian Official Gazette
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 12-11-2025, 104 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers.
NBB · 4 filings
Deviation from the deadline
2025
not confirmed
2024
104 days late
2023
162 days late
2022
864 days late
2021
31 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 290 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2022 · micro…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Annual accounts filedfinancial year 2023 · micro…

Key points

  • Risk: Negative equityfinancial year 2024: debts exceed assets -€17,445 View
  • Risk: 3 loss-making years in a rowloss financial year 2024 -€28,348 View
  • Caution: Among the weakest 5% on net resultsector median €9,293 · 36,346 companies -€28,348 View
  • Caution: Accounts not fileddeadline was 31-07-2026 71 days late View

By topic

Financials

Financial year
2024
Total assets
€447,502
Loss
-€28,348
Solvency
-3.9%
Total assets▲ 151%
Net result
20212024
Go to Financials

Timeline

Events
7
Since
2022
  1. 31-12-2024Weakest financial year
  2. 06-08-2024Bankruptcy reversal
  3. 10-07-2024Opening
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Roofing workNACE 43410
Founded
02-06-2020
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.