HEYLEN - GEERTS
ActiveSummary
HEYLEN - GEERTS has been active since 1984 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €10.0m and a net result of €144,702. Equity has been growing by about 6.8% per year since 2018. Its solvency ranks better than 75% of 331 sector peers (NACE 23, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 28-12-1984 Normal situation
- Activity
- Manufacture of other non-metallic mineral products NACE 23120and 2 others
- Joint committees
- 200 Aanvullend Paritair Comité voor de bedienden
- 115 Paritair Comité voor het glasbedrijf · annual accounts 31-10-2025
- Establishment unit
- 2.026.122.934 2200 Herentals, since 28-12-1984
- Financial year end
- 31 October
- Peppol
- Reachable since 05-12-2025
Board and ownership
- MV-CDirector · since 02-05-2023 · permanent representative Vermeulen,MarcIdaMarcel
- Vermeulen,DinyDirector · since 02-05-2023
- Vermeulen,KoenDirector · since 02-05-2023
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €3.8m
- ▼ 53.5%
- Turnover
- ≈ €6.6m
- estimated
- Profit
- €144,702
- ▼ 88.5%
- Equity
- €10.0m
- ▲ 1.5%
- Total assets
- €14.3m
- =
- Employees on 31-10-2025
- 27
- =
Score breakdownraises riskLiquidity: current ratio 1.84, cash €987,628lowers riskEquity €10.0m (69.7% of total assets)Sector: Manufacture of other non-metallic mineral products (NACE 23)Founded in 1984Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 23, small). It does better than 76% of them on solvency, 58% on liquidity, 49% on profitability and 39% on growth.
The bankruptcy probability was computed on 02-11-2026 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.
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).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 65 days before the deadline. In the sector (NACE 23), the median for financial year 2024 was 10 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (2)
Key points
- Result fell in 202512-month financial year ▼ 88.5% View
- Positive: More equity than 95% of companies in non-metallic mineral productssector median €434,884 · 331 companies €10.0m View
- Positive: Filed on time since financial year 2017accounts within the deadline every year 8 years View
- Positive: 7 profitable years in a rowprofit 2025: €144,702 7 years View
- Flemish supportawarded from 2023 to 2025 €119,852 View
Recent changes
- · Gazette deed Algemene Vergadering - Boekjaar
- · Gazette deed Resignations: Vermeulen,MarcIdaMarcel, Vermeulen,Diny and Vermeulen,KoenAppointments: MVC, Vermeulen,Diny and Vermeulen,Koen · Permanent representative: Vermeulen,MarcIdaMarcel
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as HEYLEN - GEERTS: manufacture of other non-metallic mineral products (NACE 23120). They are comparable in size and age: total assets between €4.5m and €14m, founded between 1969 and 2000.
| Company | Total assets | Gross margin |
|---|---|---|
| HEYLEN - GEERTS Herentals | €14.3m | €3.8m |
| EUROVER Tubize | €4.5m | €3.2m |
| SOLITHERM Waregem | €5.5m | €2.9m |
| DEKNUDT MIRROR WORKS Deerlijk | €4.7m | €4.3m |
| AID GLASS Bocholt | €5.7m | €3.8m |
| GIJBELS & CO Beringen | €14.5m | - |
| Gijbels NV Glasindustrie Beringen | €9.7m | - |
Key facts about HEYLEN - GEERTS
- What is the company number of HEYLEN - GEERTS?
- The company number of HEYLEN - GEERTS is 0426.720.123. The VAT number is the same number with BE in front: BE 0426.720.123.
- Where is HEYLEN - GEERTS based?
- The registered office is at Toekomstlaan(HRT) 40, 2200 Herentals.Company details
- What does HEYLEN - GEERTS do?
- According to the KBO register, the main activity is manufacture of other non-metallic mineral products (NACE 23120).
- What is the legal form of HEYLEN - GEERTS?
- The legal form of HEYLEN - GEERTS is Public limited company (NV).
- When was HEYLEN - GEERTS founded?
- HEYLEN - GEERTS was founded on 28-12-1984.
- Is HEYLEN - GEERTS still active?
- Yes, HEYLEN - GEERTS is an active enterprise in the KBO register.
- How many employees does HEYLEN - GEERTS have?
- HEYLEN - GEERTS had an average of 25.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does HEYLEN - GEERTS fall under?
- In its 31-10-2025 annual accounts, HEYLEN - GEERTS states joint committees 200 (Aanvullend Paritair Comité voor de bedienden) and 115 (Paritair Comité voor het glasbedrijf).
- What is the turnover of HEYLEN - GEERTS?
- The turnover in financial year 2025 is ≈ €6.6m. This figure is estimated from the gross margin of €3.8m and 1,584 comparable companies of the same size. It probably lies between €4.4m and €11.0m. It is a rough estimate.
- Is HEYLEN - GEERTS profitable?
- In financial year 2025, HEYLEN - GEERTS made a profit of €144,702.
- Where can I find the annual accounts of HEYLEN - GEERTS?
- HEYLEN - GEERTS filed 39 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of HEYLEN - GEERTS due?
- HEYLEN - GEERTS must file the annual accounts for financial year 2026 by 31-05-2027.Timeline
Next steps
See how customers, suppliers and banks see your own company and what to improve first.