L. GEURTS
ActiveL. GEURTS has been active since 1981 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €181k and a net result of €7k. Equity is growing by ~18.8% per year across the filed fiscal years. Its solvency ranks better than 63% of 18120 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
77
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71▼-20
Solvency75▼-14
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity ample (current ratio 1.75 against 2.29 in 2024; short-term debt: 44% and cash: 65.6% of total assets), but 50.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
49.9%
Return on assets
1.8%
Age of the figures
9 mo
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 01-06-2026, 60 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
60 d early
2024
29 d late
2023
40 d early
2022
16 d early
2021
31 d late
2020
33 d early
2019
21 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 monthsPosition in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€181k▼ 20.6%
2024 · €228k
2018: €40k
2019: €46k
2020: €100k
2021: €146k
2022: €148k
2023: €181k
2024: €228k
2018 → 2025
Total assets
€363k▲ 2.4%
2024 · €354k
2018: €149k
2019: €159k
2020: €239k
2021: €247k
2022: €269k
2023: €278k
2024: €354k
2018 → 2025
Net result
€7k▼ 89.4%
2024 · €63k
2018: €2k
2019: €6k
2020: €54k
2021: €47k
2022: €2k
2023: €32k
2024: €63k
2018 → 2025
Working capital
€120k▼ 26.8%
2024 · €163k
2018: €17k
2019: €26k
2020: €59k
2021: €58k
2022: €83k
2023: €116k
2024: €163k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€146k-€148k▲ 1.2%€181k▲ 21.9%€228k▲ 26.3%€181k▼ 20.6%
Operating result€68k-€4k▼ 94.1%€45k▲ 1,032%€84k▲ 84.7%€11k▼ 87.4%
Net result€47k-€2k▼ 96.3%€32k▲ 1,782%€63k▲ 92.7%€7k▼ 89.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 87% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €363k
Fixed assets
€84k▲ 29.3%
Current assets
€279k▼ 3.6%
Equity and liabilities €363k
Equity
€181k▼ 20.6%
Debt
€182k▲ 43.9%
The debt ratio rises from 35.6% to 50.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€42k▼
2024 · €113k
Cash flow
€38k▼
2024 · €92k
Solvency
49.9%▼
2024 · 64.4%
Current ratio
1.75▼
2024 · 2.29
Quick ratio
1.72▼
2024 · 2.24
Debt / equity
1.00▲
2024 · 0.55
ROE
3.7%▼
2024 · 27.4%
ROA
1.8%▼
2024 · 17.6%
Interest coverage
28.79▼
2024 · 751.33
Debt
€182k▲
2024 · €126k
Debt ≤ 1 year
€159k▲
2024 · €126k
Debt > 1 year
€22k
Income taxes
€4k▼
2024 · €24k
Staff costs
€145k▲
2024 · €114k
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€354k€363k▲
Fixed assets21/28€65k€84k▲
Tangible fixed assets22/27€65k€84k▲
Plant, machinery and equipment23€43k€30k▼
Furniture and vehicles24€6k€36k▲
Other tangible fixed assets26€15k€18k▲
Current assets29/58€289k€279k▼
Stocks and contracts in progress3€7k€4k▼
Stocks30/36€7k€4k▼
Amounts receivable within one year40/41€19k€36k▲
Trade receivables40€17k€23k▲
Other amounts receivable41€2k€13k▲
Cash at bank and in hand54/58€261k€238k▼
Deferred charges and accrued income490/1€2k€437▼
Equity and liabilities
Total equity and liabilities10/49€354k€363k▲
Equity10/15€228k€181k▼
Contributions10/11€19k€19k=
Reserves13€198k€151k▼
Distributable reserves133€198k€151k▼
Profit (loss) carried forward14€11k€11k▲
Investment grants15€0€0=
Amounts payable17/49€126k€182k▲
Amounts payable after more than one year17-€22k
Financial debts170/4-€22k
Amounts payable within one year42/48€126k€159k▲
Current portion of amounts payable after more than one year42-€10k
Trade debts44€14k€27k▲
Suppliers440/4€14k€27k▲
Advances received on contracts in progress46€100-
Taxes, remuneration and social security45€43k€40k▼
Taxes450/3€18k€10k▼
Remuneration and social security454/9€25k€29k▲
Other amounts payable47/48€69k€83k▲
Income statement
Code20242025
Remuneration, social security and pensions62€114k€145k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29k€31k▲
Other operating charges640/8€2k€6k▲
Gross operating margin9900€228k€193k▼
Operating profit (loss)9901€84k€11k▼
Financial income75/76B€3k€1k▼
Recurring financial income75€3k€1k▼
Financial charges65/66B€150€1k▲
Recurring financial charges65€150€1k▲
Profit (loss) for the period before taxes9903€86k€10k▼
Income taxes67/77€24k€4k▼
Profit (loss) for the period9904€63k€7k▼
Profit (loss) for the period to be appropriated9905€63k€7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€73k€18k▼
Profit (loss) brought forward from the previous period14P€11k€11k▲
Transfer from equity791/2€15k€54k▲
Transfer to equity691/2€63k€7k▼
To other reserves6921€63k€7k▼
Profit to be distributed694/7€15k€54k▲
Return on contributions (dividend)694€15k€54k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
01-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Highest result since 2018net €63k ▲92.7%
Operating result €84k, net result €63k, both a record.
31-12
Financial
Equity above €200kEq €228k ▲26.3%
7 profitable years in a row build equity to €228k.
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €150kEq €181k ▲21.9%
6 profitable years in a row build equity to €181k.
15-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Equity above €100kEq €146k ▲47.1%
4 profitable years in a row build equity to €146k.
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
10-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 59 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 60 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, Welkenraedt · 1 establishment unit since 1981
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.
Rue Lamberts 74840 WelkenraedtGround area
395 m²
Building footprint
65 m²
Volume, LiDAR
603 m³
Parcel 63084A0394/00G009, Wallonia · tallest building 10.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Rue Lamberts 7, 4840 Welkenraedt
since 19812.020.024.208
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63084A0394/00G009 | Wallonia | 395 m² | 1 · 65 m² | 10.8 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteWelkenraedt2.020.024.208
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Of 3,041 companies in sector 47221 we hold annual accounts for 1,561. 1,298 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-03-1981
Fiscal year end31-12
Activities, NACEBEL
47221Retail sale of meat and meat products, excluding game and poultry
52220
Sources
Crossroads Bank for EnterprisesNational Bank · 45 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:boucheriegeurts@gmail.com