GOTELAERE GEERT
ActiveGOTELAERE GEERT has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €71k and a net result of €478. Equity is growing by ~15.6% per year across the filed fiscal years. Its solvency ranks better than 64% of 11238 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
81
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability69▼-4
Solvency84▲+4
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 2.13 against 1.98 in 2024; short-term debt: 37.7% and cash: 43.2% of total assets), and 40.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
59.3%
Return on assets
0.4%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 16-03-2026, 45 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
45 d early
2024
51 d early
2023
49 d early
2022
32 d early
2021
32 d early
2020
42 d early
2019
23 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€71k▲ 0.7%
2024 · €71k
2018: €30k
2019: €31k
2020: €25k
2021: €2k
2022: €57k
2023: €66k
2024: €71k
2018 → 2025
Total assets
€120k▼ 6.7%
2024 · €129k
2018: €126k
2019: €116k
2020: €116k
2021: €90k
2022: €108k
2023: €128k
2024: €129k
2018 → 2025
Net result
€478▼ 90.2%
2024 · €5k
2018: €10k
2019: €120
2020: €-6k
2021: €-23k
2022: €55k
2023: €9k
2024: €5k
2018 → 2025
Working capital
€51k▲ 5.1%
2024 · €49k
2018: €-31k
2019: €-23k
2020: €-22k
2021: €-40k
2022: €56k
2023: €48k
2024: €49k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2k-€57k▲ 2,923%€66k▲ 15.5%€71k▲ 7.4%€71k▲ 0.7%
Operating result€-21k-€39k€12k▼ 69.9%€8k▼ 36.0%€2k▼ 78.7%
Net result€-23k-€55k€9k▼ 83.9%€5k▼ 45.3%€478▼ 90.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 79% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €120k
Fixed assets
€24k▼ 23.0%
Current assets
€96k▼ 1.6%
Equity and liabilities €120k
Equity
€71k▲ 0.7%
Debt
€49k▼ 15.8%
The debt ratio falls from 45.0% to 40.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€9k▼
2024 · €15k
Cash flow
€8k▼
2024 · €12k
Solvency
59.3%▲
2024 · 55.0%
Current ratio
2.13▲
2024 · 1.98
Quick ratio
1.21▲
2024 · 1.17
Debt / equity
0.69▼
2024 · 0.82
ROE
0.7%▼
2024 · 6.8%
ROA
0.4%▼
2024 · 3.8%
Interest coverage
9.85▼
2024 · 13.22
Debt
€49k▼
2024 · €58k
Debt ≤ 1 year
€45k▼
2024 · €49k
Debt > 1 year
€4k▼
2024 · €9k
Income taxes
€241▼
2024 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€129k€120k▼
Fixed assets21/28€31k€24k▼
Tangible fixed assets22/27€31k€24k▼
Land and buildings22€6k€6k▼
Furniture and vehicles24€25k€18k▼
Financial fixed assets28€37€37=
Current assets29/58€98k€96k▼
Stocks and contracts in progress3€40k€41k▲
Stocks30/36€40k€41k▲
Amounts receivable within one year40/41€165€853▲
Trade receivables40€165€853▲
Cash at bank and in hand54/58€56k€52k▼
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€129k€120k▼
Equity10/15€71k€71k▲
Contributions10/11€19k€19k=
Reserves13€52k€53k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€52k€53k▲
Amounts payable17/49€58k€49k▼
Amounts payable after more than one year17€9k€4k▼
Financial debts170/4€9k€4k▼
Amounts payable within one year42/48€49k€45k▼
Current portion of amounts payable after more than one year42€5k€5k▲
Trade debts44€4k€1k▼
Suppliers440/4€4k€1k▼
Taxes, remuneration and social security45€3k€2k▼
Taxes450/3€3k€2k▼
Other amounts payable47/48€38k€37k▼
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€7k▼
Other operating charges640/8€4k€4k▲
Gross operating margin9900€19k€13k▼
Operating profit (loss)9901€8k€2k▼
Financial charges65/66B€1k€891▼
Recurring financial charges65€1k€891▼
Profit (loss) for the period before taxes9903€6k€719▼
Income taxes67/77€2k€241▼
Profit (loss) for the period9904€5k€478▼
Profit (loss) for the period to be appropriated9905€5k€478▼
Appropriation of the result
Profit (loss) to be appropriated9906€5k€478▼
Transfer to equity691/2€5k€478▼
To other reserves6921€5k€478▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
16-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
10-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
12-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
29-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Back to profitnet €55k
Net result €55k after 2 loss-making years.
30-09
Financial
Liquidity quadruplescurrent ratio 2.12
Current ratio from 0.55 to 2.12; short-term debt falls from €88k to €51k.
29-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Weakest financial yearnet €-23k
Net result drops to €-23k, the lowest in the series; recovery starts the following year.
19-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
07-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
04-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
03-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
17-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Oostende · 1 establishment unit since 1987
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Waterwerkstraat 228400 OostendeGround area
264 m²
Building footprint
264 m²
Volume, LiDAR
1,451 m³
Parcel 35383C0388/00A011, Flanders · tallest building 13.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Waterwerkstraat 22, 8400 Oostende
since 19872.029.806.756
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35383C0388/00A011 | Flanders | 264 m² | 1 · 264 m² | 13.9 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
INVOLUTION
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BE 0458.655.293
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COMPAGNIE DES COTONNADES
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Slaapstudio Vic
BE 0673.952.337
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TEXTURED INC.
BE 0476.605.837
Dilbeek · Eq €72k
Of 687 companies in sector 46412 we hold annual accounts for 517. 366 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded09-06-1987
Fiscal year end30-09
Activities, NACEBEL
46412Wholesale of household textiles and bedding
51410
Sources
Crossroads Bank for EnterprisesNational Bank · 38 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.