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VAN GEERT JORGEN

Active
Private limited companyfounded 200917 yrs activeDe Vlamme 3, 9620 Zottegem, BelgiumKBO/BCE: BE 0811.469.831

VAN GEERT JORGEN has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €131k and a net result of €-2k. Equity is growing by ~5.4% per year across the filed fiscal years. Its solvency ranks better than 64% of 27711 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).

Checked score

Score 2025
72 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability68▼-7
Solvency85▼-7
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 3.26 against 4.44 in 2024; short-term debt: 21.7% and cash: 25.5% of total assets), and 40.3% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies more bankruptcies →
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 17 years 0 20 y
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 d early
2024
13 d early
2023
4 d early
2022
14 d early
2021
9 d late
2020
2 d early
2019
11 d early
← before the deadline after the deadline →
neutral · 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
23-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · 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
€131k▼ 16.6%
2024 · €157k
2018: €99k 2019: €113k 2020: €137k 2021: €138k 2022: €156k 2023: €146k 2024: €157k
2018 → 2025
Total assets
€219k▼ 6.1%
2024 · €234k
2018: €254k 2019: €239k 2020: €289k 2021: €284k 2022: €272k 2023: €243k 2024: €234k
2018 → 2025
Net result
€-2k
2024 · €11k
2018: €2k 2019: €14k 2020: €24k 2021: €595 2022: €19k 2023: €-10k 2024: €11k
2018 → 2025
Working capital
€107k▼ 13.4%
2024 · €124k
2018: €67k 2019: €69k 2020: €80k 2021: €86k 2022: €112k 2023: €108k 2024: €124k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€138k-€156k▲ 13.4%€146k▼ 6.6%€157k▲ 7.6%€131k▼ 16.6%
Operating result€5k-€29k▲ 529%€-7k€16k€-2k
Net result€595-€19k▲ 3,013%€-10k€11k€-2k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€-10k€0€10k€20k€30kOperating result 2021: €5k€5kNet result 2021: €595€595Operating result 2022: €29k€29kNet result 2022: €19k€19kOperating result 2023: €-7k€-7kNet result 2023: €-10k€-10kOperating result 2024: €16k€16kNet result 2024: €11k€11kOperating result 2025: €-2k€-2kNet result 2025: €-2k€-2k20212022202320242025
The operating result turns negative in 2025: a loss of €2k after €16k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €219k
Fixed assets €64k▼ 12.5%
Current assets €155k▼ 3.2%
Equity and liabilities €219k
Equity €131k▼ 16.6%
Debt €88k▲ 15.5%
The debt ratio rises from 32.7% to 40.3%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€10k
2024 · €28k
Cash flow
€9k
2024 · €24k
Solvency
59.7%
2024 · 67.3%
Current ratio
3.26
2024 · 4.44
Quick ratio
2.77
2024 · 3.57
Debt / equity
0.67
2024 · 0.49
ROE
-1.6%
2024 · 7.1%
ROA
-1.0%
2024 · 4.7%
Interest coverage
72.20
2024 · 6.97
Debt
€88k
2024 · €76k
Debt ≤ 1 year
€48k
2024 · €36k
Debt > 1 year
€40k=
2024 · €40k
Income taxes
€249
2024 · €427
Staff costs
€110k
2024 · €104k
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€234k€219k
Fixed assets21/28€74k€64k
Tangible fixed assets22/27€74k€64k
Land and buildings22€66k€62k
Plant, machinery and equipment23€1k€0
Furniture and vehicles24€39€3k
Leasing and similar rights25€7k€0
Financial fixed assets28€100€100=
Current assets29/58€160k€155k
Stocks and contracts in progress3€31k€23k
Stocks30/36€31k€23k
Amounts receivable within one year40/41€13k€28k
Trade receivables40€8k€17k
Other amounts receivable41€5k€11k
Current investments50/53€39k€45k
Cash at bank and in hand54/58€74k€56k
Deferred charges and accrued income490/1€3k€3k
Equity and liabilities
Total equity and liabilities10/49€234k€219k
Equity10/15€157k€131k
Contributions10/11€25k€25k=
Reserves13€132k€108k
Distributable reserves133€132k€108k
Profit (loss) carried forward14€0€-2k
Amounts payable17/49€76k€88k
Amounts payable after more than one year17€40k€40k=
Financial debts170/4€0-
Other amounts payable178/9€40k€40k=
Amounts payable within one year42/48€36k€48k
Current portion of amounts payable after more than one year42€8k€0
Trade debts44€9k€10k
Suppliers440/4€9k€10k
Taxes, remuneration and social security45€11k€15k
Taxes450/3€5k€2k
Remuneration and social security454/9€7k€13k
Other amounts payable47/48€8k€23k
Accrued charges and deferred income492/3€432€744
Income statement Code20242025
Remuneration, social security and pensions62€104k€110k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€12k
Other operating charges640/8€3k€2k
Gross operating margin9900€136k€122k
Operating profit (loss)9901€16k€-2k
Financial income75/76B€29€28
Recurring financial income75€29€28
Financial charges65/66B€4k€136
Recurring financial charges65€4k€136
Profit (loss) for the period before taxes9903€12k€-2k
Income taxes67/77€427€249
Profit (loss) for the period9904€11k€-2k
Profit (loss) for the period to be appropriated9905€11k€-2k
Appropriation of the result
Profit (loss) to be appropriated9906€2k€-2k
Profit (loss) brought forward from the previous period14P€-9k€0
Transfer from equity791/2-€24k
Transfer to equity691/2€2k€0
To other reserves6921€2k€0
Profit to be distributed694/7-€24k
Return on contributions (dividend)694-€24k

The notes to these accounts (15 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

Next filing, fiscal year 2026, expected by 31-07-2027
2026
15-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
18-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Back to profitnet €11k
Net result €11k after one loss-making year.
31-12
Financial Equity above €150kEq €157k ▲7.6%
Equity rises from €146k to €157k.
27-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Weakest financial yearnet €-10k ▼155%
Net result drops to €-10k, the lowest in the series; recovery starts the following year.
17-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Equity above €150kEq €156k ▲13.4%
5 profitable years in a row build equity to €156k.
09-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 9 days late
2021
29-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Highest result since 2018net €24k ▲79.9%
Operating result €36k, net result €24k, both a record.
20-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Equity above €100kEq €113k ▲13.7%
2 profitable years in a row build equity to €113k.
30-08
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
06-08
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 6 days late
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 acts for this company are 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, Zottegem · 2 establishment units since 2009
establishment All 2 establishment units 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.

De Vlamme 39620 Zottegem
Ground area
992 m²
Building footprint
80 m²
Volume, LiDAR
589 m³
2 parcels, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
VAN GEERT JORGEN
De Vlamme 3, 9620 ZottegemGeneral electrical installation work
since 20092.178.460.246
Meengracht 16, 9620 Zottegem
General electrical installation work
since 20222.329.145.192
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
41068A0860/00G000 Flanders 635 m² - -
41017A0059/00G000 Flanders 357 m² 1 · 80 m² 9.4 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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 22,826 companies in sector 43211 we hold annual accounts for 10,328. 8,719 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded30-04-2009
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers

Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.