Financials
- Financial year
- 2025
- Total assets
- €103,945
- Profit
- €18,474
- Solvency
- 35.9%
Total assets▲ 7.8%
Net result
20212025
Tegelwerken Geert
ActiveSummary
The computed 12-month bankruptcy probability of Tegelwerken Geert is 1.5% (moderate). The 2025 annual accounts show equity of €37,266 and a net result of €18,474. Equity remains stable across the filed financial years (±0.9% per year). Its solvency ranks better than 52% of 22,679 sector peers (NACE 47, financial year 2025). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Retail trade
NACE 47523Floor and wall tiling NACE 43331
1 site
Size
≈ €190,000turnover 2025, estimated
- Equity
- €37,266
- Profit
- €18,474
Turnover estimated from the gross margin
Structure
2025 accounts 38 days early1 of 2 deeds summarised
Why 64raises risk2 of the last 3 lateFounded in 2020Profit of €18,474 (financial year 2025)lowers riskLiquidity: current ratio 1.40, cash €17,537Show the evidence
Checked score
Score 2025
64
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 53% of its sector peers (NACE 47, micro)
Financial strength · tick = 2024
Strong
Solvency
61-3
equity 35.9% of total assets
Liquidity
38-8
short-term debt 63.4% · cash 16.9%
Profitability
91-9
return on assets 17.8%
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 5.0%
12-2024: 5.0%● unchanged vs 11-2024
01-2025: 5.0%● unchanged vs 12-2024
02-2025: 5.1%▲ +0.1 percentage points vs 01-2025
03-2025: 5.1%● unchanged vs 02-2025
04-2025: 5.1%● unchanged vs 03-2025
05-2025: 5.0%▼ -0.1 percentage points vs 04-2025
06-2025: 5.0%● unchanged vs 05-2025
07-2025: 5.0%● unchanged vs 06-2025
08-2025: 5.7%▲ +0.7 percentage points vs 07-2025
09-2025: 5.9%▲ +0.2 percentage points vs 08-2025highest value
10-2025: 1.7%▼ -4.2 percentage points vs 09-2025
11-2025: 1.7%● unchanged vs 10-2025
12-2025: 1.7%● unchanged vs 11-2025
01-2026: 1.7%● unchanged vs 12-2025
02-2026: 1.6%▼ -0.1 percentage points vs 01-2026
03-2026: 1.6%● unchanged vs 02-2026
04-2026: 1.7%▲ +0.1 percentage points vs 03-2026
05-2026: 1.6%▼ -0.1 percentage points vs 04-2026
06-2026: 1.6%● unchanged vs 05-2026
07-2026: 1.5%▼ -0.1 percentage points vs 06-2026lowest value
08-2026: 1.5%● unchanged vs 07-2026
09-2026: 1.5%● unchanged vs 08-2026
10-2026: 1.5%● unchanged vs 09-2026
Credit of up to €2,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.4, compared with 1.57 in 2024, below the usual 1.5; short-term debt: 63.4% and cash: 16.9% of total assets), and 64.1% of the assets are financed with debt and provisions.
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 47, micro): better than 51% on solvency, 35% on liquidity, 86% on profitability and 38% on growth.
The bankruptcy probability was computed on 30-10-2026 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).
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Signals
Six signals.
lowers riskraises riskneutral
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
2122232425
2021 to 2025 · latest year €37,266
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-06-2026, 38 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
38 days early
2024
56 days late
2023
54 days late
2022
60 days late
2021
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 26 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 24 September (4 of the last 5 filed years within 55 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
31-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Annual accounts filedfinancial year 2023 · micro…
Key points
By topic
Timeline
- Events
- 7
- Since
- 2022
- Next accounts
- by 31-07-2027
- 31-12-2023Weakest financial year
- 29-09-2023Annual accounts filed
- 06-09-2022Registered office
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Retail tradeNACE 47523
- Founded
- 09-09-2020
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Key facts about Tegelwerken Geert
- What is the company number of Tegelwerken Geert?
- 0753.865.984. In Belgium the VAT number is the company number with BE in front: BE 0753.865.984.
- Where is Tegelwerken Geert based?
- The registered office is at Zonhovenstraat 70, 3500 Hasselt.Company details
- What does Tegelwerken Geert do?
- According to the KBO register, the main activity is retail trade (NACE 47523).
- What is the legal form of Tegelwerken Geert?
- Private limited company (BV).
- When was Tegelwerken Geert founded?
- On 09-09-2020.
- Is Tegelwerken Geert still active?
- Yes, Tegelwerken Geert is an active enterprise in the KBO register.
- What is the turnover of Tegelwerken Geert?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
- Is Tegelwerken Geert profitable?
- In financial year 2025, Tegelwerken Geert made a profit of €18,474.
- Where can I find the annual accounts of Tegelwerken Geert?
- Tegelwerken Geert filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Tegelwerken Geert due?
- By 31-07-2027, for financial year 2026.Timeline
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