GELDHOF ENTERPRISES
ActiveSummary
GELDHOF ENTERPRISES has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €3.46M and a net result of €607k. Equity is growing by ~11.8% per year across the filed fiscal years. Its solvency ranks better than 93% of 8093 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability90▲+17
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €200k at 30 days only on tighter terms
Liquidity ample (current ratio 18.56 against 26.88 in 2023; short-term debt: 4% and cash: 23.3% of total assets), and 4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
96%
Return on assets
16.8%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-12-2025, 151 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
151 d late
2023
151 d late
2022
149 d late
2021
124 d late
2020
89 d late
2019
106 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€3.46M▲ 18.7%
2023 · €2.92M
2018: €1.37M
2019: €1.76M
2020: €1.94M
2021: €2.88M
2022: €2.88M
2023: €2.92M
2018 → 2024
Total assets
€3.61M▲ 20.6%
2023 · €2.99M
2018: €1.63M
2019: €1.93M
2020: €2.10M
2021: €2.96M
2022: €2.96M
2023: €2.99M
2018 → 2024
Net result
€607k▲ 567%
2023 · €91k
2018: €136k
2019: €487k
2020: €211k
2021: €1.02M
2022: €126k
2023: €91k
2018 → 2024
Working capital
€2.52M▲ 30.8%
2023 · €1.93M
2018: €947k
2019: €1.35M
2020: €1.53M
2021: €1.93M
2022: €1.86M
2023: €1.93M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€1.94M-€2.88M▲ 48.6%€2.88M=€2.92M▲ 1.4%€3.46M▲ 18.7%
Operating result€234k-€219k▼ 6.3%€179k▼ 18.5%€115k▼ 35.4%€138k▲ 19.8%
Net result€211k-€1.02M▲ 384%€126k▼ 87.7%€91k▼ 27.6%€607k▲ 567%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 20% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €3.61M
Fixed assets
€942k ▼ 4.8%
Current assets
€2.67M ▲ 33.1%
Equity and liabilities €3.61M
Equity
€3.46M ▲ 18.7%
Debt
€144k ▲ 92.0%
Debt's share of the balance-sheet total rises from 2.5% to 4.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€178k▲
2023 · €155k
Cash flow
€646k▲
2023 · €131k
Current ratio
18.56▼
2023 · 26.88
Quick ratio
18.54▼
2023 · 26.87
Debt to equity
0.04▲
2023 · 0.03
ROE
17.5%▲
2023 · 3.1%
ROA
16.8%▲
2023 · 3.0%
Interest coverage
100.62▼
2023 · 109.44
Debt ≤ 1 year
€144k▲
2023 · €74k
Debt > 1 year
€663=
2023 · €663
Income taxes
€248k▲
2023 · €32k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 50 lines
Balance sheet
Code20232024
Assets
Total assets20/58€2.99M€3.61M▲
Fixed assets21/28€989k€942k▼
Tangible fixed assets22/27€913k€875k▼
Land and buildings22€913k€875k▼
Financial fixed assets28€76k€66k▼
Current assets29/58€2.00M€2.67M▲
Stocks and contracts in progress3€1k€3k▲
Stocks30/36€1k€3k▲
Amounts receivable within one year40/41€92k€108k▲
Trade receivables40€27k€33k▲
Other amounts receivable41€65k€75k▲
Current investments50/53€1.22M€1.72M▲
Cash at bank and in hand54/58€693k€839k▲
Equity and liabilities
Total equity and liabilities10/49€2.99M€3.61M▲
Equity10/15€2.92M€3.46M▲
Contributions10/11€19k€19k=
Capital10€19k€19k=
Issued capital100€19k€19k=
Reserves13€2.90M€3.44M▲
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Distributable reserves133€2.90M€3.44M▲
Amounts payable17/49€75k€144k▲
Amounts payable after more than one year17€663€663=
Financial debts170/4€663€663=
Amounts payable within one year42/48€74k€144k▲
Financial debts43€60k€60k=
Other loans439€60k€60k=
Trade debts44€6k€10k▲
Suppliers440/4€6k€10k▲
Advances received on contracts in progress46€4k€4k=
Taxes, remuneration and social security45-€69k
Taxes450/3-€69k
Other amounts payable47/48€4k-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€40k€40k▼
Gross operating margin9900€155k€178k▲
Operating profit (loss)9901€115k€138k▲
Financial income75/76B€9k€718k▲
Recurring financial income75€9k€718k▲
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€123k€855k▲
Income taxes67/77€32k€248k▲
Profit (loss) for the period9904€91k€607k▲
Profit (loss) for the period to be appropriated9905€91k€607k▲
Appropriation of the result
Profit (loss) to be appropriated9906€91k€607k▲
Transfer to equity691/2€41k€547k▲
To other reserves6921€41k€547k▲
Profit to be distributed694/7€50k€60k▲
Return on contributions (dividend)694€50k€60k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
29-07
State Gazette act
General meeting · Director reappointment
Permanent representative · Mandate compensation
2025
29-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 151 days late
2024
29-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 151 days late
2023
31-12
Financial
Weakest financial yearnet €91k ▼27.6%
Net result drops to €91k, the lowest in the series; recovery starts the following year.
27-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 149 days late
16-06
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
2022
02-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 124 days late
23-06
State Gazette act
General meeting · Auditor reappointment
Director reappointment · Permanent representative
2021
31-12
Financial
Highest result since 2018net €1.02M ▲384%
Net result €1.02M, the highest in the series.
31-12
Financial
Liquidity doublescurrent ratio 24.13
Current ratio from 10.31 to 24.13; short-term debt falls from €165k to €83k.
31-12
Financial
Equity above €2MEq €2.88M ▲48.6%
4 profitable years in a row build equity to €2.88M.
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 89 days late
Show earlier events
2020
14-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 106 days late
2019
31-12
Financial
Liquidity doublescurrent ratio 10.01
Current ratio from 4.97 to 10.01; short-term debt falls from €239k to €150k.
07-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 68 days late
2018
26-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 57 days late
2017
26-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 57 days late
2016
27-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 58 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Zaventem · 2 establishment units since 2001
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.
Lenneke Marelaan 81932 ZaventemGround area
6,417 m²
Building footprint
2,350 m²
Volume, LiDAR
54,884 m³
2 parcels, Brussels, Flanders · tallest building 30.1 m, ±8 floors. Linked by address, not a title deed.
2 establishment units
Lenneke Marelaan 8, 1932 Zaventem
since 20012.093.179.925
NEW LEAF
since 20222.332.480.410
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23078C0183/00Z000 | Flanders | 6,351 m² | 1 · 2,283 m² | 30.1 m · 8 fl. |
| 21811M0516/00A000 | Brussels | 66 m² | 1 · 66 m² | 15.7 m · 4 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.
Structure & network
Connections & network
1 connected companyLinked via shared directors
Shared director
→
Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
1 location
Recognitions · licences · registrations
Food safety, FASFC
1 siteBrussel2.332.480.410
Legal Entity Identifier
894500HNR9WQSVYH7021
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Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 14,478 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-03-2001
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
47559Retail sale of other household articles
47761Retail sale of flowers, plants, seeds and fertilisers
62200Computer consultancy and computer facilities management
73110Advertising agencies
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.