Laswerken Geerts Bart

Active

Private limited companyfounded 20214 yrs activeVan Thienwinckelstraat 27, 3271 Scherpenheuvel-Zichem, BelgiumKBO/BCE: BE 0778.488.643

The computed 12-month bankruptcy probability of Laswerken Geerts Bart is 2.0% (moderate). The 2025 annual accounts show equity of €2k and a net result of €14. Equity remains stable across the filed fiscal years (±0.3% per year). Its solvency ranks better than 10% of 1893 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

50 / 100

Fair

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability69▼-13

Solvency28▼-46

Growth32▼-20

Track record94

Bankruptcy probability, 12 months

2.0% Moderate

0%0.5%1.5%4%10%≥ 25%

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 25

Relative position

BE, all sectors

reference

Sector 25

higher

← fewer bankruptcies more bankruptcies →

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 1893 sector peers (2025).

NBB · sector comparison

Position among 1893 sector peers

Solvency

better than 10%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-05-2026, 64 days ahead of the deadline.

NBB · 4 filings

Deviation from the deadline

2025

64 d early

2024

22 d late

2023

1 d early

2022

30 d late

← before the deadline after the deadline →

The next deadline is still running

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

18-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity

€2k▼ 94.5%

2024 · €36k

2022: €21k 2023: €30k 2024: €36k

2022 → 2025

Total assets

€62k▼ 16.2%

2024 · €74k

2022: €34k 2023: €48k 2024: €74k

2022 → 2025

Net result

€14▼ 99.8%

2024 · €8k

2022: €22k 2023: €11k 2024: €8k

2022 → 2025

Working capital

€-7k

2024 · €21k

2022: €774 2023: €15k 2024: €21k

2022 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2022202320242025Trend

Equity€21k-€30k▲ 47.0%€36k▲ 20.0%€2k▼ 94.5%

Operating result€27k-€15k▼ 46.2%€11k▼ 26.0%€2k▼ 76.9%

Net result€22k-€11k▼ 48.8%€8k▼ 31.4%€14▼ 99.8%

Turnover and EBIT margin not published: the 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 77% below 2024 and is the lowest result in the available series.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €62k

35.5%

64.5%

Fixed assets €22k▼ 34.7%

Current assets €40k▼ 0.7%

Equity and liabilities €62k

96.8%

Equity €2k▼ 94.5%

Debt €60k▲ 59.8%

The debt ratio rises from 50.7% to 96.8%. Equity is lower and debt is higher.

Key figures and ratios

2025 value · change against 2024

EBITDA

€19k▼

2024 · €24k

Cash flow

€16k▼

2024 · €21k

Solvency

3.2%▼

2024 · 49.3%

Current ratio

0.85▼

2024 · 2.09

Quick ratio

0.79▼

2024 · 2.00

Debt / equity

29.84▲

2024 · 1.03

ROE

0.7%▼

2024 · 21.4%

ROA

0.0%▼

2024 · 10.6%

Interest coverage

7.95▼

2024 · 17.98

Debt

€60k▲

2024 · €37k

Debt ≤ 1 year

€47k▲

2024 · €19k

Debt > 1 year

€13k▼

2024 · €18k

Income taxes

€557▼

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€74k€62k▼

Fixed assets21/28€34k€22k▼

Tangible fixed assets22/27€34k€22k▼

Plant, machinery and equipment23€7k€8k▲

Furniture and vehicles24€2k€1k▼

Leasing and similar rights25€23k€11k▼

Other tangible fixed assets26€2k€1k▼

Current assets29/58€40k€40k▼

Stocks and contracts in progress3€2k€3k▲

Stocks30/36€2k€3k▲

Amounts receivable within one year40/41€17k€3k▼

Trade receivables40€14k-

Other amounts receivable41€4k€3k▼

Cash at bank and in hand54/58€20k€33k▲

Deferred charges and accrued income490/1€543€197▼

Equity and liabilities

Total equity and liabilities10/49€74k€62k▼

Equity10/15€36k€2k▼

Contributions10/11€2k€2k=

Reserves13€34k-

Distributable reserves133€34k-

Amounts payable17/49€37k€60k▲

Amounts payable after more than one year17€18k€13k▼

Financial debts170/4€18k€13k▼

Amounts payable within one year42/48€19k€47k▲

Current portion of amounts payable after more than one year42€5k€5k▲

Trade debts44€4k€2k▼

Suppliers440/4€4k€2k▼

Taxes, remuneration and social security45€5k€2k▼

Taxes450/3€5k€2k▼

Other amounts payable47/48€5k€38k▲

Income statement Code20242025

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€16k▲

Other operating charges640/8€662€1k▲

Gross operating margin9900€25k€20k▼

Operating profit (loss)9901€11k€2k▼

Financial income75/76B€135€456▲

Recurring financial income75€135€456▲

Financial charges65/66B€1k€2k▲

Recurring financial charges65€1k€2k▲

Profit (loss) for the period before taxes9903€10k€571▼

Income taxes67/77€2k€557▼

Profit (loss) for the period9904€8k€14▼

Profit (loss) for the period to be appropriated9905€8k€14▼

Appropriation of the result

Profit (loss) to be appropriated9906€8k€14▼

Transfer from equity791/2-€34k

Transfer to equity691/2€6k-

To other reserves6921€6k-

Profit to be distributed694/7€2k€34k▲

Return on contributions (dividend)694€2k€34k▲

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 5Financial 1Filings 4

Next filing, fiscal year 2026, expected by 31-07-2027

2026

28-05

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

31-12

Financial Weakest financial yearnet €14 ▼99.8%

Net result drops to €14, the lowest in the series.

22-08

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 22 days late

2024

30-07

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

30-08

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 30 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

1 act for this company is 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, Scherpenheuvel-Zichem · 1 establishment unit since 2021

establishment The establishment unit on the map

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.

Van Thienwinckelstraat 273271 Scherpenheuvel-Zichem

Ground area

1,045 m²

Building footprint

150 m²

Volume, LiDAR

824 m³

Parcel 24129C0164/00H000, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

Laswerken Geerts Bart

Van Thienwinckelstraat 27, 3271 Scherpenheuvel-ZichemManufacture of fabricated metal products, except machinery and equipment

since 20212.325.020.813

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
24129C0164/00H000	Flanders	1,045 m²	1 · 150 m²	7.9 m · 2 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

Of 3,463 companies in sector 25530 we hold annual accounts for 1,657. 148 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded10-12-2021

Fiscal year end31-12

Activities, NACEBEL

25530Machining of metals

Sources

Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers

Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

1 entry

E-mail:geerts_bart@telenet.be

Enterprise