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VAN GEEL PAUL

Active
Private limited companyfounded 1998active for 28 yearsLegekerkweg 14, 2223 Heist-op-den-Berg, BelgiumKBO/BCE: BE 0462.892.413
Summary

VAN GEEL PAUL has been active since 1998 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €102,530 and a net result of -€35,871. Equity has been growing by about 9.9% per year since 2018. Its solvency ranks better than 95% of 34,946 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 18-03-1998 Normal situation
Activity
Plumbing work NACE 43221and 2 others
Establishment unit
2.086.546.115 2223 Heist-op-den-Berg, since 28-04-1998
Financial year end
31 December
Peppol
Reachable since 19-11-2025

Board and ownership

Board

Financial position

92 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
-€11,825
▲ 21.2%
Loss
€35,871
▲ 3.0%
Equity
€102,530
▼ 25.9%
Total assets
€107,492
▼ 33.5%
Staff
≈ 0.1 FTE
estimated
Turnover not published (micro format)
Score breakdownraises riskLoss of €35,871, the second in a row (financial year 2025)Sector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 18.47, cash €55,760Equity €102,530 (95.4% of total assets)Show the evidence

Checked score

Score 2025
92 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 52% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 95.4% of total assets
Liquidity 100+3
short-term debt 4.6% · cash 51.9%
Profitability 0=
return on assets -33.4%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,674 companies, NACE 43, micro)
Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024lowest value 02-2025: < 0.1%● unchanged vs 01-2025lowest value 03-2025: < 0.1%● unchanged vs 02-2025lowest value 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: 0.2%▲ +0.2 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026highest value 10-2026: 0.1%▼ -0.1 percentage points vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026
Credit of up to €9,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 18.47 (5.76 in 2024), above the usual 1.5. Short-term debt is 4.6% and cash 51.9% of total assets. 4.6% 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 43, micro). It does better than 90% of them on solvency, 98% on liquidity, 4% on profitability and 15% 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 · Loss of €35,871, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Liquidity: current ratio 18.47, cash €55,760
NBB · annual accounts
lowers risk · Equity €102,530 (95.4% of total assets)
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€35,871
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 26-06-2026, 35 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
35 days early
2024
24 days early
2023
26 days early
2022
26 days early
2021
33 days early
2020
22 days early
2019
32 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 28 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% 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 5 July (5 of the last 5 accounts filed within 30 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

  • Caution: Lower net result than 95% of companies in specialised constructionsector median €10,221 · 34,933 companies -€35,871 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Caution: 2 loss-making years in a rowloss in financial year 2025 -€35,871 View

Recent changes

  1. · Gazette deed Reappointment: Paul Van Geel (director)
  2. · Gazette deed Incorporation
All 20 events

Comparable companies

These companies have the same main activity as VAN GEEL PAUL: plumbing work (NACE 43221). They are comparable in size and age: total assets between €71,700 and €155,000, founded between 1991 and 1999.

CompanyTotal assetsGross margin
VAN GEEL PAUL Heist-op-den-Berg€107,492-€11,825
SANITAIR DE ROP WIM Sint-Niklaas€127,938-€6,588
CARL PEETERS Kapellen€154,796-€4,703
STABIDA Antwerpen€71,680-€1,804
Saniver-gent Gent€90,839-€2,422
BRUSSELS DELTA BUSINESS Schaarbeek€134,082-€28,172
PROJECTMANAGEMENT COUCKE Kuurne€113,532-€9,296
Full comparison

Key facts about VAN GEEL PAUL

What is the company number of VAN GEEL PAUL?
The company number of VAN GEEL PAUL is 0462.892.413. The VAT number is the same number with BE in front: BE 0462.892.413.
Where is VAN GEEL PAUL based?
The registered office is at Legekerkweg 14, 2223 Heist-op-den-Berg.Company details
What does VAN GEEL PAUL do?
According to the KBO register, the main activity is plumbing work (NACE 43221).
What is the legal form of VAN GEEL PAUL?
The legal form of VAN GEEL PAUL is Private limited company (BV).
When was VAN GEEL PAUL founded?
VAN GEEL PAUL was founded on 18-03-1998.
Is VAN GEEL PAUL still active?
Yes, VAN GEEL PAUL is an active enterprise in the KBO register.
How many employees does VAN GEEL PAUL have?
VAN GEEL PAUL had an average of 0.5 full-time equivalents in financial year 2018, according to the filed annual accounts.Financials
What is the turnover of VAN GEEL PAUL?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.
Is VAN GEEL PAUL profitable?
In financial year 2025, VAN GEEL PAUL made a loss of €35,871.
Where can I find the annual accounts of VAN GEEL PAUL?
VAN GEEL PAUL filed 28 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of VAN GEEL PAUL due?
VAN GEEL PAUL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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