Turnover
≈ €160,000 estimated
The micro format states no turnover.
Gert
Lifetime
1 annual account with figurespeak €51,059 (2025)
€51,059
peak €194 (2025)
€194
peak €4,194 (2025)
€4,194
€334,029
Board2 names since 2024
2 directorsPRAET Gert and 1 other
Documentsfilings and deeds
30-10-202691 days late
2025micro format
Registered office moved from Outer to Dendermonde 17-04First year with figures
Key points
from the 2025 annual accountsDebts
€334,029 99% of the balance sheet
Financial debts 9%Suppliers 18%Taxes and wages 2%Other 71%
Of this, €303,207 falls due within a year.
Position in the sector
1.2%
Lower solvency than 87% of companies in building services and landscaping. Sector median 40.5% · 5,728 companies.
2025 accounts filed 91 days after the deadline
Checked score
35
Weak
Financially stronger than 18% of micro companies in building services and landscaping (NACE 81)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
5.2% Elevated
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.9% across 7,709 companies (NACE 81, micro).
About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
07-2025: 3.9%lowest value
08-2025: 3.9%● unchanged vs 07-2025lowest value
09-2025: 4.1%▲ +0.2 percentage points vs 08-2025
10-2025: 4.4%▲ +0.3 percentage points vs 09-2025
11-2025: 4.6%▲ +0.2 percentage points vs 10-2025
12-2025: 5.1%▲ +0.5 percentage points vs 11-2025
01-2026: 5.3%▲ +0.2 percentage points vs 12-2025
02-2026: 5.3%● unchanged vs 01-2026
03-2026: 5.3%● unchanged vs 02-2026
04-2026: 5.3%● unchanged vs 03-2026
05-2026: 5.6%▲ +0.3 percentage points vs 04-2026
06-2026: 5.8%▲ +0.2 percentage points vs 05-2026highest value
07-2026: 5.8%● unchanged vs 06-2026highest value
08-2026: 5.8%● unchanged vs 07-2026highest value
09-2026: 5.8%● unchanged vs 08-2026highest value
10-2026: 5.2%▼ -0.6 percentage points vs 09-2026
11-2026: 5.2%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Last filed accounts filed 91 days late; 1 of the last 3 accounts late
Founded in 2024
1 change of registered office in 24 months
lowers risk
Figures for financial year 2025 (filed on 30-10-2026)
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 81, micro). It does better than 12% of them on solvency, 8% on liquidity and 33% on profitability.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 2,135 companies had the same profile as Gert has now. Each dot stands for 6 companies, two years later.
92.1%
were still trading
2.3%
stopped another way
5.2%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Gert itself: 5.2% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,135 companies, not a prediction for Gert. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No publishable credit limit, so credit only on tighter terms
Liquidity is insufficient, with a current ratio of 0.57, below 1. Short-term debt is 89.6% and cash 9.8% of total assets. 98.8% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 5728 sector peers (2025).
NBB · sector comparisonPosition among 5728 sector peers
Solvency
better than 13%
← weakest
strongest →
raises risk · 2025 accounts filed 91 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-10-2026, 91 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 1 filingDeviation from the deadline
2025
91 days late
← before the deadline
after the deadline →
Searched, nothing found (1)
Recent changes
Registered office moved from Outer to Dendermonde
New registered office: Vlassenbroek 60, 9200 Dendermonde · Previous registered office: Albertlaan 162 bus A, 9406 Outer · Appointment: NICO PRAET (director) · General meeting of 15-01-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1010458007
Incorporation
Founding capital of €4,000, 210 shares · Founder: PRAET Gert (verschijner oprichter) · Appointment: PRAET Gert (director) · published on 20-06-2024 · Gazette deed
First establishment
Vlassenbroek 60, Dendermonde
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Gert Dendermonde | €338,223 | €51,059 | 1.2% | - |
| FLOVATERC Waterloo | €338,739 | €59,354 | 0.7% | - |
| AARDEWERKT Aalst | €250,303 | €46,722 | 19.2% | - |
| Seghers Landschap Zottegem | €282,971 | €76,831 | 29.8% | - |
| Brandhout Vlaanderen Destelbergen | €235,710 | €44,540 | 6.2% | - |
| LOUIS SCHOUTEDE Theux | €384,954 | €67,687 | 0.8% | - |
| SCHUYTEN CONSTRUCTION Grâce-Hollogne | €281,070 | €49,279 | 10.4% | - |
These companies have the same main activity as Gert: landscape service activities (NACE 81300). They are comparable in size and age: total assets between €236,000 and €385,000, founded between 2023 and 2024.
Official details
Source: KBO- Status
- Active since 18-06-2024Normal situation
- Activity
- Landscape service activitiesNACE 81300and 1 other
- Establishment unit
- 2.360.791.8399200 Dendermonde, since 18-06-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 20-01-2025
Insights on Gert
The computed 12-month bankruptcy probability of Gert is 5.2% (elevated). The 2025 annual accounts show equity of €4,194 and a net result of €194.
Its solvency ranks better than 13% of 5,728 sector peers (NACE 81, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Gert
- What is the company number of Gert?
- The company number of Gert is 1010.458.007. The VAT number is the same number with BE in front: BE 1010.458.007.
- Where is Gert based?
- The registered office is at Vlassenbroek 60, 9200 Dendermonde.Company details
- What does Gert do?
- According to the KBO register, the main activity is landscape service activities (NACE 81300).
- What is the legal form of Gert?
- Gert is a private limited company (BV).
- When was Gert founded?
- Gert was founded on 18-06-2024.
- Is Gert still active?
- Yes, Gert is an active enterprise in the KBO register.
- What is the turnover of Gert?
- The turnover in financial year 2025 is ≈ €160,000. This figure is estimated from the gross margin of €51,059 and 58 comparable companies (NACE 81). It probably lies between €98,000 and €230,000.Financials
- Is Gert profitable?
- In financial year 2025, Gert made a profit of €194.
- Where can I find the annual accounts of Gert?
- Gert filed 1 annual account with the National Bank of Belgium, for financial year 2025.
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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