Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Figures corrected NBB
Corrected annual account filed for 2024.
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Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
Financials
Financial year 2025
GEERITS CONSTRUCTIE from Bree, company number BE0448677062, closed financial year 2025 with a result of € 9,376 after tax. For that financial year GEERITS CONSTRUCTIE recorded revenue of € 21.5 million and equity of € 1.8 million. Compared with financial year 2024, the result moved from € 893,413 to € 9,376. The company is profitable. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on March 9, 2026.
€ 1.8 million
▼ 14% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 9,376
▼ 99% vs 2024
Profit after tax over the fiscal year.
€ 905,569
▼ 3% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 300,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
29.5
▼ 0.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.4 million
▲ 1% vs 2024
€ 82,600 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 563,670
▲ 1% vs 2024
Of which on lease € 213,288.
Debts at end 2025
€ 1.7 million
▲ 176% vs 2024
€ 69,689 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 1.7 million
▲ 54% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 33 days on average.
€ 460,488
▼ 30% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 28,251,942 | € 20,977,327 | € 17,323,919 | € 21,459,264 | ▲ 24% |
| Profit after taxes | € 1,201,281 | € 941,879 | € 893,413 | € 9,376 | ▼ 99% |
| Equity | € 1,836,950 | € 1,978,830 | € 2,072,242 | € 1,781,618 | ▼ 14% |
| Total debts | € 7,969,810 | € 4,960,629 | € 3,594,391 | € 5,143,964 | ▲ 43% |
| Cash | € 2,304,982 | € 2,124,076 | € 933,717 | € 905,569 | ▼ 3% |
| Land & buildings | € 155,328 | € 185,138 | € 153,696 | € 126,854 | ▼ 17% |
| Retained profit | € 1,713,003 | € 1,854,883 | € 1,948,296 | € 1,657,671 | ▼ 15% |
| Dividend | € 800,000 | € 800,000 | € 800,000 | € 300,000 | ▼ 62% |
| Bank debt | € 1,448,444 | € 1,274,427 | € 630,126 | € 1,738,243 | ▲ 176% |
| Balance sheet total | € 9,806,760 | € 6,939,459 | € 5,666,633 | € 6,925,582 | ▲ 22% |
| Employees (FTE) | 32.6 | 30.4 | 30.4 | 29.5 | ▼ 0.9 |
Key figures of GEERITS CONSTRUCTIE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to GEERITS CONSTRUCTIE?
What happened at GEERITS CONSTRUCTIE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 9,376 (▼ 99% vs 2024). Source: NBB ↗
- Mpj-Management became a director. NBB
- Datsit BV became a director. NBB
- Dirk Thaens stepped down as director. NBB
- JALLO became a director. NBB
- Dirk Thaens became a director. NBB
- New establishment in Bree. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.2 million profit in 2022 to € 9,376 profit in 2025.
Paid € 1.2 million in corporate taxes since 2022.
Best year ever: 2022, with € 1.2 million profit.
Paid out € 2.7 million in dividends to the owners in total.
Management
Behind GEERITS CONSTRUCTIE are JALLO, Mpj-Management and Datsit BV. The shares are held by Datsit (100%) and Dirk Thaens (0%).
Directors
According to the 2025 annual accounts
Director · represented by Javier Luis Llorente Hermans
since 2025
Director · represented by Pieter-Jan Myny
since 2025
Managing director · represented by Dirk Thaens
since 2025
Dirk Thaens
Managing director
Owns 0% directly
Also active at: JANSSEN GEBOUWEN, DATSIT, Kasseien GOYENS
since 2018 · until 2025
Shareholders
100%
Dirk Thaens · director
0%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Kluitshofweg 14
3960 Bree
Industrieterrein Vostert 1103
3960 Bree
Active since 27 December 1992
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0448.677.062
- VAT number
- BE 0448.677.062
- Registered office
- Kluitshofweg 14, 3960 Bree
- Names & denominations
- GEERITS CONSTRUCTIE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 12 November 1992
- Peppol
- Active · Active since 7 Aug 2025
- Activities · NACE
Verhuur en lease van machines en installaties voor de bouwnijverheid en de weg- en waterbouw
Vervaardiging van metalen constructiewerken en delen daarvan
Vervaardiging van metalen constructiewerken en onderdelen daarvan