GEEPROJECT
ActiveSummary
GEEPROJECT has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €29,312 and a net result of €26,812. Its solvency ranks better than 35% of 4352 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
Axes
Profitability100
Solvency57
Growth-
Track record67
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days acceptable
Liquidity short (current ratio 0.91; short-term debt: 65.9% and cash: 48.9% of total assets), and 68.4% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Other professional, scientific and technical activities (NACE 74)
about 48% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
31.6%
Return on assets
28.9%
Age of the figures
21 mo
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 19-06-2025, 42 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2024
42 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€29,312
Total assets
€92,825
Net result
€26,812
Working capital
-€5,319
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €92,825
Fixed assets
€37,017
Current assets
€55,808
Equity and liabilities €92,825
Equity
€29,312
Debt
€63,513
Debt finances 68.4% of the balance-sheet total.
Key figures and ratios
EBITDA
€45,584
Cash flow
€35,113
Current ratio
0.91
Debt to equity
2.17
ROE
91.5%
ROA
28.9%
Interest coverage
1465.25
Debt ≤ 1 year
€61,126
Income taxes
€10,440
Annual accounts
| Line | 2024 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,301 |
| Other operating charges640/8 | €661 |
| Gross operating margin9900 | €46,245 |
| Operating profit (loss)9901 | €37,283 |
| Financial charges65/66B | €31 |
| Recurring financial charges65 | €31 |
| Profit (loss) for the period before taxes9903 | €37,252 |
| Income taxes67/77 | €10,440 |
| Profit (loss) for the period9904 | €26,812 |
| Profit (loss) for the period to be appropriated9905 | €26,812 |
| Line | 2024 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €92,825 | |
| Fixed assets21/28 | €37,017 | |
| Tangible fixed assets22/27 | €36,922 | |
| Plant, machinery and equipment23 | €2,438 | |
| Furniture and vehicles24 | €34,484 | |
| Financial fixed assets28 | €95 | |
| Current assets29/58 | €55,808 | |
| Amounts receivable within one year40/41 | €9,917 | |
| Trade receivables40 | €9,917 | |
| Cash at bank and in hand54/58 | €45,403 | |
| Deferred charges and accrued income490/1 | €488 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €92,825 | |
| Equity10/15 | €29,312 | |
| Contributions10/11 | €2,500 | |
| Reserves13 | €26,812 | |
| Distributable reserves133 | €26,812 | |
| Amounts payable17/49 | €63,513 | |
| Amounts payable within one year42/48 | €61,126 | |
| Trade debts44 | €12,934 | |
| Suppliers440/4 | €12,934 | |
| Taxes, remuneration and social security45 | €10,858 | |
| Taxes450/3 | €10,858 | |
| Other amounts payable47/48 | €37,334 | |
| Accrued charges and deferred income492/3 | €2,386 | |
| Line | 2024 |
|---|---|
| Profit (loss) for the period9904 | €26,812 |
| + Depreciation and write-downs630 | €8,301 |
| Operating cash flow (approximation) | €35,113 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
14-08
State Gazette act
Registered officeRegistered-office move · Power of attorney3 facts ▸
State Gazette act
Registered office
Registered-office move · Power of attorney3 facts ▸
- General meeting, 31/07/2026
- Registered-office move, TEN BERG 12, 9300 AALST
- Power of attorney, SAM BRONDEEL
2025
19-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
State Gazette actNBB filing
1 of 1 act read
Directors · office · real estate
Directors
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.
Location & real-estate footprint
Registered office, Aalst · 1 establishment unit since 2024
Ground area
435 m²
Building footprint
192 m²
Volume, LiDAR
519 m³
Parcel 41304F0676/00A005, Flanders · tallest building 3.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Asbestproject - Huisproject
since 20242.358.302.701
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41304F0676/00A005 | Flanders | 435 m² | 1 · 192 m² | 3.7 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel 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
2024 to 2025 · 2 entries · 420 EUR awarded · 420 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 225 EUR | 225 EUR |
| 2024 | 1 | 195 EUR | 195 EUR |
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Of 4,563 companies in sector 74999 we hold annual accounts for 1,935. 1,425 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded05-04-2024
Fiscal year end31-12
Activities, NACEBEL 2025
74999Other professional, scientific and technical activities
68121Development of residential building projects
Scores and ratios are computed by Checked and are not a credit decision.