DE GEODE
The computed 12-month bankruptcy probability of DE GEODE is 0.7% (low). The 2024 annual accounts show negative equity (€-19k) and a net result of €-27k. Equity is shrinking by ~33.8% per year across the filed fiscal years. Its solvency ranks better than 23% of 3320 sector peers (fiscal year 2024). The company has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-19k |
| Net result | €-27k |
| Better than sector | 23% |
| Active | 31 yrs |
Mixed profile: strong on profitability, weaker on health.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -4.9% | 25.2% | |
| Net result | €-27k | €4k | |
| Equity | €-19k | €23k | |
| Gross operating margin | €26k | €19k | |
| Total assets | €382k | €105k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €19k |
| Net profit | €-27k |
| Cash flow | €11k |
| Staff costs | - |
| Income taxes | €525 |
| Dividends | - |
| Total assets | €382k |
| Equity | €-19k |
| Debt | €401k |
| of which ≤ 1y | €259k |
| of which > 1y | €142k |
| Working capital | €-114k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.56 |
| Quick ratio | 0.05 |
| Working capital ratio | -29.7% |
| Solvency | -4.9% |
| Debt / equity | -21.43 |
| Long-term debt ratio | -7.60 |
| Interest coverage | 2.50 |
| Gross margin | - |
| Net margin | - |
| ROA | -7.1% |
| ROE | 145.0% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €382k |
| Fixed assets | 21/28 | €237k |
| Tangible fixed assets | 22/27 | €237k |
| Current assets | 29/58 | €145k |
| Stocks & contracts in progress | 3 | €131k |
| Amounts receivable within one year | 40/41 | €859 |
| Cash & bank | 54/58 | €13k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €382k |
| Equity | 10/15 | €-19k |
| Contributions / capital | 10/11 | €19k |
| Accumulated profits (losses) | 14 | €-37k |
| Amounts payable | 17/49 | €401k |
| Amounts payable after one year | 17 | €142k |
| Amounts payable within one year | 42/48 | €259k |
| Trade debts payable within one year | 44 | €6k |
| Income statement | ||
| Gross operating margin | 9900 | €26k |
| Operating result | 9901 | €-19k |
| Financial income | 75 | €412 |
| Financial charges | 65 | €8k |
| Result before taxes | 9903 | €-27k |
| Income taxes | 67/77 | €525 |
| Net result for the period | 9904 | €-27k |
| Result to be appropriated | 9905 | €-27k |
| NACE primary | Wholesale trade(46480) |
| Legal form | Private limited company(610) |
| Incorporation | 23-05-1995 |
| Status | Active |
| Postal code | 8300 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31013A0767/00G000 | Flanders | 3,619 m² | 1 · 3,148 m² | 43.4 m · 7 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
05-06-2024 Xavier Van Ghelder resigns as director
- Xavier Van Ghelder, Bestuurder
Technical details
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"evidence_quote": "De algemene vergadering beslist tot het ontslag van Xavier Van Ghelder als niet-statutaire bestuurder, en dit met ingang op 01/01/2024. De algemene vergadering verleent deze persoon kwijting voor de uitoefening van diens mandaat.",
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"de notulen van de bijzondere algemene vergadering dd. 27/02/2024"
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}09-06-2023 2 directors appointed, 2 resigning
- Xavier VAN GHELDER, Niet-statutair bestuurder
- Petra LIEVENS, Niet-statutair bestuurder
- Xavier Van Ghelder, Niet-statutair bestuurder
- Petra Lievens, Niet-statutair bestuurder
Technical details
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"notary": {
"name": "Fran\u00E7ois-Xavier Willems",
"firm_city": null,
"firm_name": null,
"office_city": "Brugge",
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},
"act_meta": {
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"pub_date": "2023-06-09",
"filing_date": "2023-06-07",
"act_kind_objet": "WIJZIGING RECHTSVORM, ONTSLAGEN, BENOEMINGEN, DOEL"
},
"decisions": [
{
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"date": "2023-05-30",
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],
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"co_filed_documents": [
"De expeditie van het proces-verbaal houdende de buitengewone algemene vergadering de dato 30 mei 2023",
"verslag van het bestuursorgaan opgesteld bij toepassing van artikel 5:101 WVV",
"de geco\u00F6rdineerde tekst der statuten"
],
"corrected_publication_numac": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | DE GEODE |