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VAN GEERT JORGEN

Active Private limited companyfounded 2009active for 17 yearsDe Vlamme 3, 9620 ZottegemKBO/BCE: BE 0811.469.831

Lifetime

17 annual accounts with figures on one time axis
peak €203,403 (2020)
€122,096▼ 10.1%
lowest -€19,490 (2017)
-€2,115▼ €13,197
peak €157,088 (2024)
€130,973▼ 16.6%
€88,269▲ 15.5%
peak 3.3 FTE (2017)
-not published
Board1 name since 2009
Documentsfilings and deeds
15-07-202616 days before the deadline
2025micro format
Loss of €2,115Dividend €24,000Equity from €157,088 to €130,973Debts from €76,454 to €88,269

Key points

from the 2025 annual accounts

Equity

€130,973 ▼ 16.6%
157,0882024-2,115Loss-24,000Dividend130,9732025

VAN GEERT JORGEN paid out €24,000 in dividends in a year with a loss of €2,115.

Turnover

≈ €360,000 estimated

The accounts state no turnover.

Position in the sector

-€2,115

Lower net result than 80% of companies in specialised construction. Sector median €10,189 · 35,107 companies.

Checked score

92
Excellent
Financially stronger than 48% of micro companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.7% across 47,701 companies (NACE 43, micro).

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

Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025highest value 08-2025: 0.1%▼ -0.1 percentage points vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025lowest value 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026

Financial strength
Strong

85-7equity 59.7% of total assets
75-11short-term debt 21.7% · cash 25.5%
68-7return on assets -1.0%

Score breakdown

raises risk
Sector: Specialised construction activities (NACE 43)
lowers risk
Liquidity: current ratio 3.26, cash €55,980
Founded in 2009
Equity €130,973 (59.7% of total assets)
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 65% of them on solvency, 73% on liquidity, 33% on profitability and 20% on growth.

The bankruptcy probability was computed on 07-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

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).

Comparable companies, two years later

In July 2024, 6,908 companies had the same profile as VAN GEERT JORGEN has now. Each dot stands for 18 companies, two years later.

90.9%
were still trading
7.8%
stopped another way
1.1%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a small loss

Another 0.2% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of VAN GEERT JORGEN itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 6,908 companies, not a prediction for VAN GEERT JORGEN. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €12,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 3.26 (4.44 in 2024), above the usual 1.5. Short-term debt is 21.7% and cash 25.5% of total assets. 40.3% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

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

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 3.26, cash €55,980
NBB · annual accounts
lowers risk · Founded in 2009
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Equity €130,973 (59.7% of total assets)
NBB · annual accounts
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 15-07-2026, 16 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
16 days early
2024
13 days early
2023
4 days early
2022
14 days early
2021
9 days late
2020
2 days early
2019
11 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 7 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 18 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
08-11-2026 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

Board and ownership

VG
Director, since 28-04-2009
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0811469831
Change of role: Van Geert Jorgen, from manager to director “Elektrotechnische installaties, leveren, plaatsen en herstellen; Het plaatsen, onderhouden en herstellen van…” (deed in Dutch) · Director discharge: Van Geert Jorgen · General meeting of 26-04-2023 · Gazette deed
New establishment in Zottegem Meengracht 16
Incorporation published on 11-05-2009 · Gazette deed
All 28 events

Comparable companies

same main activity, similar in size and age
Company
VAN GEERT JORGEN Zottegem €219,242 €122,096 59.7% -
'T GROENENHOF Dendermonde €210,749 €112,229 76.5% -
ALGEMENE ELECTRICITEITSWERKEN YSEWYN Lochristi €193,566 €105,006 39.3% -
JOB 7 Nazareth-De Pinte €229,706 €99,819 38.5% -
ElCo Solar Waasmunster €182,114 €138,054 51.4% -
ELB Projects Hasselt €224,831 €124,278 67.4% -
V.P. ELECTRO Gingelom €246,139 €119,561 46.1% -

These companies have the same main activity as VAN GEERT JORGEN: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €182,000 and €246,000, founded between 2008 and 2010.

Official details

Source: KBO
Status
Active since 30-04-2009Normal situation
Activity
General electrical installation workNACE 43211
Joint committee
149.01Electricians: installation and distribution · annual accounts 2025
Establishment units
2.178.460.2469620 Zottegem, since 28-04-2009
2.329.145.1929620 Zottegem, since 22-03-2022
Financial year end
31 December
Peppol
Reachable since 04-12-2025
Company details

Annual accounts 2025

€219,242▼ 6.1%
Employeeson 31-12-2025
2=
Filing
Filed on 15-07-2026, 16 days before the end of the filing period
Financials

Insights on VAN GEERT JORGEN

VAN GEERT JORGEN files the micro format. That format states no turnover. The gross margin rose from €92,822 in 2009 to €122,096 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about VAN GEERT JORGEN

What is the company number of VAN GEERT JORGEN?
The company number of VAN GEERT JORGEN is 0811.469.831. The VAT number is the same number with BE in front: BE 0811.469.831.
Where is VAN GEERT JORGEN based?
The registered office is at De Vlamme 3, 9620 Zottegem.Company details
What does VAN GEERT JORGEN do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of VAN GEERT JORGEN?
VAN GEERT JORGEN is a private limited company (BV).
When was VAN GEERT JORGEN founded?
VAN GEERT JORGEN was founded on 30-04-2009.
Is VAN GEERT JORGEN still active?
Yes, VAN GEERT JORGEN is an active enterprise in the KBO register.
How many employees does VAN GEERT JORGEN have?
VAN GEERT JORGEN had an average of 1.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does VAN GEERT JORGEN fall under?
In its 2025 annual accounts, VAN GEERT JORGEN states joint committee 149.01 (Electricians: installation and distribution).
What is the turnover of VAN GEERT JORGEN?
The turnover in financial year 2025 is ≈ €360,000. This figure is estimated from the gross margin of €122,096 and 38 comparable companies (NACE 43211). It probably lies between €240,000 and €450,000.
Is VAN GEERT JORGEN profitable?
In financial year 2025, VAN GEERT JORGEN made a loss of €2,115.
Where can I find the annual accounts of VAN GEERT JORGEN?
VAN GEERT JORGEN filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of VAN GEERT JORGEN due?
VAN GEERT JORGEN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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