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Tegelwerken Geert

Active
Private limited companyfounded 2020active for 6 yearsZonhovenstraat 70, 3500 Hasselt, BelgiumKBO/BCE: BE 0753.865.984
Summary

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 has been stable since 2021 (±0.9% per year). Its solvency ranks better than 52% of 22,773 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

Official details

Source: KBO
Status
Active since 09-09-2020 Normal situation
Activity
Retail trade NACE 47523and 2 others
Establishment unit
2.307.236.654 3500 Hasselt, since 09-09-2020
Financial year end
31 December
Peppol
Reachable since 30-09-2025

Board and ownership

Board
  • De Brauwer GeertDirector

Financial position

64 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.5%
Annual accounts 2025
Gross margin
€32,731
▼ 32.4%
Turnover
≈ €190,000
estimated
Profit
€18,474
▼ 34.5%
Equity
€37,266
=
Total assets
€103,945
▲ 7.8%
Filed on 23-06-2026, 38 days before the deadline
Score breakdownraises risk2 of the last 3 accounts 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 stronger than 53% of micro companies in retail trade (NACE 47)
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 within 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).

Sector median 0.6% (40,272 companies, NACE 47, micro)
Last 24 months 12-2024: 5.0% 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 11-2026: 1.5%● unchanged vs 10-2026
Credit of up to €2,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.4 (1.57 in 2024), below the usual 1.5. Short-term debt is 63.4% and cash 16.9% of total assets. 64.1% of the assets are financed with debt and provisions.
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 47, micro). It does better than 51% of them on solvency, 35% on liquidity, 86% on profitability and 39% on growth.

The bankruptcy probability was computed on 01-11-2026 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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · 2 of the last 3 accounts late
NBB · filings
lowers risk · Liquidity: current ratio 1.40, cash €17,537
NBB · annual accounts
raises risk · Founded in 2020
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Profit of €18,474 (financial year 2025)
NBB · annual accounts
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 2025
Equity 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 filings
Deviation 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

The company filed its last 5 accounts on average 26 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was 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 accounts filed within 55 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: 5 profitable years in a rowprofit 2025: €18,474 5 years View

Recent changes

  1. · Gazette deed Registered office moved within Hasselt
  2. · Gazette deed Incorporation
All 8 events

Comparable companies

These companies have the same main activity as Tegelwerken Geert: retail trade (NACE 47523). They are comparable in size and age: total assets between €80,200 and €145,000, founded between 2018 and 2022.

CompanyTotal assetsGross margin
Tegelwerken Geert Hasselt€103,945€32,731
MORELIVE Lummen€125,276€34,743
ARKN Beringen€141,241€46,423
YTC Heusden-Zolder€123,636€45,303
ID CARREAUX Perwez€98,181€21,651
BATISTONE Sint-Pieters-Leeuw€144,775€51,243
Verhagen Tegelwerken Ravels€80,222€63,009
Full comparison

Key facts about Tegelwerken Geert

What is the company number of Tegelwerken Geert?
The company number of Tegelwerken Geert is 0753.865.984. The VAT number is the same 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?
The legal form of Tegelwerken Geert is Private limited company (BV).
When was Tegelwerken Geert founded?
Tegelwerken Geert was 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?
The turnover in financial year 2025 is ≈ €190,000. This figure is estimated from the gross margin of €32,731 and 41 comparable companies (NACE 475). It probably lies between €140,000 and €290,000.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?
Tegelwerken Geert must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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