GEECON IT SOLUTIONS
ActiveGEECON IT SOLUTIONS has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €356k and a net result of €75k. Equity is growing by ~29.7% per year across the filed fiscal years. Its solvency ranks better than 62% of 2832 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
79
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability83=
Solvency80▼-3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 1.93 against 2.24 in 2023; short-term debt: 42.3% and cash: 15.2% of total assets), and 44.7% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 08-07-2025, 23 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
23 d early
2023
23 d late
2022
30 d late
2021
29 d late
2020
23 d early
2019
4 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€356k▲ 14.3%
2023 · €311k
2018: €81k
2019: €105k
2020: €136k
2021: €162k
2022: €250k
2023: €311k
2018 → 2024
Total assets
€643k▲ 19.5%
2023 · €538k
2018: €156k
2019: €186k
2020: €227k
2021: €247k
2022: €484k
2023: €538k
2018 → 2024
Net result
€75k▲ 21.3%
2023 · €62k
2018: €22k
2019: €24k
2020: €31k
2021: €27k
2022: €88k
2023: €62k
2018 → 2024
Working capital
€254k▼ 0.1%
2023 · €255k
2018: €75k
2019: €96k
2020: €114k
2021: €140k
2022: €206k
2023: €255k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€136k-€162k▲ 19.0%€250k▲ 54.0%€311k▲ 24.6%€356k▲ 14.3%
Operating result€45k-€42k▼ 6.1%€127k▲ 199%€91k▼ 28.2%€109k▲ 20.2%
Net result€31k-€27k▼ 13.7%€88k▲ 232%€62k▼ 29.7%€75k▲ 21.3%
Turnover and EBIT margin not published: the abbreviated or micro 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 €643k
Fixed assets
€116k▲ 48.2%
Current assets
€527k▲ 14.6%
Equity and liabilities €643k
Equity
€356k▲ 14.3%
Debt
€287k▲ 26.5%
The debt ratio rises from 42.2% to 44.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€127k▲
2023 · €103k
Cash flow
€94k▲
2023 · €74k
Solvency
55.3%▼
2023 · 57.8%
Current ratio
1.93▼
2023 · 2.24
Quick ratio
1.67▼
2023 · 1.95
Debt / equity
0.81▲
2023 · 0.73
ROE
21.2%▲
2023 · 20.0%
ROA
11.7%▲
2023 · 11.6%
Interest coverage
69.72▲
2023 · 35.82
Debt
€287k▲
2023 · €227k
Debt ≤ 1 year
€272k▲
2023 · €205k
Debt > 1 year
€15k▼
2023 · €22k
Income taxes
€32k▲
2023 · €26k
Staff costs
€195k▲
2023 · €142k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€538k€643k▲
Fixed assets21/28€78k€116k▲
Tangible fixed assets22/27€71k€108k▲
Plant, machinery and equipment23€8k€8k▲
Furniture and vehicles24€32k€72k▲
Other tangible fixed assets26€31k€28k▼
Financial fixed assets28€8k€8k=
Current assets29/58€460k€527k▲
Stocks and contracts in progress3€59k€73k▲
Stocks30/36€59k€73k▲
Amounts receivable within one year40/41€324k€350k▲
Trade receivables40€324k€342k▲
Other amounts receivable41-€8k
Cash at bank and in hand54/58€70k€98k▲
Deferred charges and accrued income490/1€7k€5k▼
Equity and liabilities
Total equity and liabilities10/49€538k€643k▲
Equity10/15€311k€356k▲
Contributions10/11€20k€17k▼
Outside capital11€20k-
Other1109/19€20k-
Reserves13€292k€339k▲
Distributable reserves133€292k€339k▲
Amounts payable17/49€227k€287k▲
Amounts payable after more than one year17€22k€15k▼
Financial debts170/4€22k€15k▼
Amounts payable within one year42/48€205k€272k▲
Current portion of amounts payable after more than one year42€7k€7k▲
Financial debts43€4k€5k▲
Credit institutions430/8€4k€5k▲
Trade debts44€74k€133k▲
Suppliers440/4€74k€133k▲
Taxes, remuneration and social security45€118k€125k▲
Taxes450/3€91k€88k▼
Remuneration and social security454/9€27k€37k▲
Other amounts payable47/48€3k€2k▼
Income statement
Code20232024
Non-recurring operating income76A€5k-
Remuneration, social security and pensions62€142k€195k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€18k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€247k€325k▲
Operating profit (loss)9901€91k€109k▲
Financial income75/76B€5€3▼
Recurring financial income75€5€3▼
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€88k€107k▲
Income taxes67/77€26k€32k▲
Profit (loss) for the period9904€62k€75k▲
Profit (loss) for the period to be appropriated9905€62k€75k▲
Appropriation of the result
Profit (loss) to be appropriated9906€62k€75k▲
Transfer from equity791/2-€28k
Transfer to equity691/2€61k€75k▲
To other reserves6921€61k€75k▲
Profit to be distributed694/7€833€28k▲
Return on contributions (dividend)694€833€28k▲
Social balance
Average headcount (FTE)9087-4.8
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
2025
08-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 23 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Highest result since 2018net €88k ▲232%
Operating result €127k, net result €88k, both a record.
31-12
Financial
Equity above €200kEq €250k ▲54%
5 profitable years in a row build equity to €250k.
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
31-12
Financial
Equity above €150kEq €162k ▲19%
4 profitable years in a row build equity to €162k.
08-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
27-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €100kEq €105k ▲29.7%
2 profitable years in a row build equity to €105k.
11-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
05-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
08-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
06-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2023
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
27-12-2023
GEEBELEN Christophe Noël Paul René: Resigned as Director
31-12-2012
Johan Aerts: Resigned as Manager
Location & real-estate footprint
Registered office, Pelt · 2 establishment units since 1986
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.
Waterrijtstraat 9 B3900 PeltGround area
1.8 ha
Building footprint
3,893 m²
Volume, LiDAR
25,746 m³
2 parcels, Flanders · tallest building 11.3 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
GEECON
since 19862.031.044.297
GEECON
since 20192.291.450.004
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72502E0102/00D153 | Flanders | 1.8 ha | 2 · 3,825 m² | 7.5 m · 2 fl. |
| 11810K1761/00P000 | Flanders | 138 m² | 1 · 67 m² | 11.3 m · 3 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.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 3 entries · 3,903 EUR awarded · 3,903 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 3,074 EUR | 3,074 EUR |
| 2024 | 1 | 479 EUR | 479 EUR |
| 2023 | 1 | 350 EUR | 350 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
98450004908BAA0ECF52
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Of 30,000 companies in sector 62200 we hold annual accounts for 18,395. 13,251 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-12-1986
Fiscal year end31-12
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62020IT consultancy
62100Computer programming
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 38 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.