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GEAM

Active
Public limited companyfounded 201412 yrs activeKardinaalstraat(Mar) 52, 8510 Kortrijk, BelgiumKBO/BCE: BE 0546.760.888
Summary

GEAM has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €187,412 and a net result of -€1,468. Equity remains stable across the filed fiscal years (±1% per year). The computed 12-month bankruptcy probability is 1.2% (low).

Risk analysisWatch ReportCompare
GEAMActiveChecked score 57/100
Risk analysis ReportCompare

Overview

What they do
Activity not known1 site
How big
€552,475total assets 2024
Equity
€187,412
Loss
-€1,468
Turnover not published (abridged schema)
Financially healthy?
57 Fair Checked score 2024
Bankruptcy chance 12 m
1.2%
Who decides
Board
2 members
Accounts 37 d early1 of 4 deeds read
Why 57- No NACE activity registered- Annual accounts: weaker financial profile+ Lower-risk legal form+ Long track recordLatest accounts filed on timeShow the evidence

Checked score

Score 2024
57 / 100
Fair
Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability68▼-1
Solvency59▲+1
Growth58=
Track record100
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10,000 at 30 days acceptable
Liquidity short (current ratio 0.02 against 0.03 in 2023; short-term debt: 66.1% and cash: 1.5% of total assets), and 66.1% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
33.9%
Return on assets
-0.3%
Age of the figures
21 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 12 years 0 20 y
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 24-06-2026, 37 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
37 d early
2024
45 d early
2023
33 d early
2022
40 d early
2021
42 d early
2020
14 d early
2019
31 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 35 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
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. Usually files around 21 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Reappointments: STORIMMO NV (director) and VAN…Permanent representative: STORME OLIVIER OMER…
  2. Annual accounts filedfiscal year 2025 · abbreviated…
  3. Annual accounts filedfiscal year 2024 · micro…

Key points

  • Risk: 3 loss-making years in a rowloss fiscal year 2024 -€1,468 View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • New directorslatest change 11-06-2026 · 2 in office 2 joined View

By topic

Financials

Fiscal year
2024
Total assets
€552,475
Loss
-€1,468
Solvency
33.9%
Total assets▼ 3.7%
Net result
20182024
Go to Financials

Timeline

Events
13
Since
2017
Next accounts
by 31-07-2027
  1. 16-09-2026Reappointments: STORIMMO NV (director) and VAN OOST…
  2. 24-06-2026Annual accounts filed
  3. 16-06-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Founded
20-02-2014
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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