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Van Roy Geert

Active
Private limited companyfounded 1989active for 37 yearsWildebeekstraat 39, 9473 Denderleeuw, BelgiumKBO/BCE: BE 0436.697.661
Summary

The computed 12-month bankruptcy probability of Van Roy Geert is 2.2% (moderate). The 2024 annual accounts show equity of €127,413 and a net result of €3,009. Equity is growing by about 20% per year across the filed financial years. Its solvency ranks better than 42% of 35,976 sector peers (NACE 43, financial year 2024). The company has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow ReportCompare
Van Roy GeertActiveChecked score 53/100
Risk analysis ReportCompare

Overview

Activity
Installation of electric heating, air conditioning, cooling and ventilation
NACE 43222General electrical installation work NACE 43211
8th oldest company in Denderleeuw, Construction sector1 site
Size
€320,118total assets 2024
Staff
2.2 FTE
Equity
€127,413
Profit
€3,009
Turnover not published (micro format)
Financial health
53 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
2.2%
Structure
2025 accounts not filed, 85 days past the deadline2 of 4 deeds summarised
Why 53raises riskFigures for financial year 2024 (filed 08-10-2025)Sector: Specialised construction activities (NACE 43)1 financial year not filed after the legal deadline; last filed accounts filed 67 days late; 3 of the last 3 latelowers riskFounded in 1989Show the evidence

Checked score

Score 2024
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 36% of its sector peers (NACE 43, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Average
Solvency 65-6
equity 39.8% of total assets
Liquidity 34-5
short-term debt 45.5% · cash 5.0%
Profitability 70=
return on assets 0.9%
Bankruptcy probability, 12 months
2.2% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,613 companies, NACE 43, micro)
Last 24 months 11-2024: 1.3% 12-2024: 1.2%▼ -0.1 percentage points vs 11-2024 01-2025: 1.1%▼ -0.1 percentage points vs 12-2024 02-2025: 1.1%● unchanged vs 01-2025 03-2025: 1.1%● unchanged vs 02-2025 04-2025: 1.1%● unchanged vs 03-2025 05-2025: 1.1%● unchanged vs 04-2025 06-2025: 1.0%▼ -0.1 percentage points vs 05-2025 07-2025: 1.2%▲ +0.2 percentage points vs 06-2025 08-2025: 1.6%▲ +0.4 percentage points vs 07-2025 09-2025: 1.7%▲ +0.1 percentage points vs 08-2025 10-2025: 2.2%▲ +0.5 percentage points vs 09-2025highest value 11-2025: 1.0%▼ -1.2 percentage points vs 10-2025 12-2025: 1.0%● unchanged vs 11-2025 01-2026: 0.9%▼ -0.1 percentage points vs 12-2025 02-2026: 0.9%● unchanged vs 01-2026 03-2026: 0.9%● unchanged vs 02-2026 04-2026: 0.9%● unchanged vs 03-2026 05-2026: 0.9%● unchanged vs 04-2026 06-2026: 0.9%● unchanged vs 05-2026lowest value 07-2026: 1.0%▲ +0.1 percentage points vs 06-2026 08-2026: 1.5%▲ +0.5 percentage points vs 07-2026 09-2026: 1.7%▲ +0.2 percentage points vs 08-2026 10-2026: 2.2%▲ +0.5 percentage points vs 09-2026
Credit of up to €6,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity ample (current ratio 1.87, compared with 1.7 in 2023, above the usual 1.5; short-term debt: 45.5% and cash: 5% of total assets), but 60.2% 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 43, micro): better than 43% on solvency, 22% on liquidity, 37% on profitability and 41% on growth.

The bankruptcy probability was computed on 23-10-2026 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 risk
raises risk · Figures for financial year 2024 (filed 08-10-2025)
NBB · annual accounts
lowers risk · Founded in 1989
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 67 days late; 3 of the last 3 late
NBB · filings
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 85 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline24-10-2026 today
raises risk · 2024 accounts filed 67 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 06-10-2025, 67 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
67 days late
2023
112 days late
2022
31 days late
2021
20 days early
2020
30 days early
2019
31 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 22 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Annual accounts filedfinancial year 2023 · micro…
  3. Resignation: VAN ROY Geert (statutory manager)Appointment: VAN ROY Geert (director)…

Key points

  • Caution: 2025 accounts not fileddeadline was 31-07-2026 85 days past the deadline View
  • Positive: 8th oldest company in Denderleeuw, Construction sectorin the Checked rankings No. 8 View
  • Positive: 7 profitable years in a rowprofit 2024: €3,009 7 years View

By topic

Financials

Financial year
2024
Total assets
€320,118
Profit
€3,009
Solvency
39.8%
Total assets▲ 19.4%
Net result
20182024
Go to Financials

Timeline

Events
40
Since
1990
  1. 18-10-2023Appointment: Van Roy Mathias (director)
  2. 31-08-2023Annual accounts filed
  3. 11-07-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Installation of electric heating, air conditioning, cooling and…NACE 43222
Founded
03-02-1989
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
17
Who signs
Each director alone
Annual meeting
Last Saturday of June at 14:00
Purpose
“De vennootschap heeft tot voorwerp de groot-en kleinhandel,de in-en uitvoer,de ruil,de…” (deed in Dutch)
Go to Articles of association

Key facts about Van Roy Geert

What is the company number of Van Roy Geert?
0436.697.661. In Belgium the VAT number is the company number with BE in front: BE 0436.697.661.
Where is Van Roy Geert based?
The registered office is at Wildebeekstraat 39, 9473 Denderleeuw.Company details
What does Van Roy Geert do?
According to the KBO register, the main activity is installation of electric heating, air conditioning, cooling and ventilation (NACE 43222).
What is the legal form of Van Roy Geert?
Private limited company (BV).
When was Van Roy Geert founded?
On 03-02-1989.
Is Van Roy Geert still active?
Yes, Van Roy Geert is an active enterprise in the KBO register.
How many employees does Van Roy Geert have?
On average 2.2 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of Van Roy Geert?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is Van Roy Geert profitable?
In financial year 2024, Van Roy Geert made a profit of €3,009.
Where can I find the annual accounts of Van Roy Geert?
Van Roy Geert filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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