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 €29k and a net result of €27k. 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 €2k 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
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Accepting this client? The AML file with identity, beneficial owners and sanctions lists.AML client file How does this company compare with its sector?Sector benchmark Roughly what is this company worth?Value indication What held for this company on a given day: board, seat, name?Company as of a date
Financials · fiscal year 2024, micro schema
Equity
€29k
Total assets
€93k
Net result
€27k
Working capital
€-5k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €93k
Fixed assets
€37k
Current assets
€56k
Equity and liabilities €93k
Equity
€29k
Debt
€64k
Debt finances 68.4% of the balance-sheet total.
Key figures and ratios
EBITDA
€46k
Cash flow
€35k
Current ratio
0.91
Debt to equity
2.17
ROE
91.5%
ROA
28.9%
Interest coverage
1465.25
Debt ≤ 1 year
€61k
Income taxes
€10k
Annual accounts
| Line | 2024 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8k |
| Other operating charges640/8 | €661 |
| Gross operating margin9900 | €46k |
| Operating profit (loss)9901 | €37k |
| Financial charges65/66B | €31 |
| Recurring financial charges65 | €31 |
| Profit (loss) for the period before taxes9903 | €37k |
| Income taxes67/77 | €10k |
| Profit (loss) for the period9904 | €27k |
| Profit (loss) for the period to be appropriated9905 | €27k |
| Line | 2024 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €93k | |
| Fixed assets21/28 | €37k | |
| Tangible fixed assets22/27 | €37k | |
| Plant, machinery and equipment23 | €2k | |
| Furniture and vehicles24 | €34k | |
| Financial fixed assets28 | €95 | |
| Current assets29/58 | €56k | |
| Amounts receivable within one year40/41 | €10k | |
| Trade receivables40 | €10k | |
| Cash at bank and in hand54/58 | €45k | |
| Deferred charges and accrued income490/1 | €488 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €93k | |
| Equity10/15 | €29k | |
| Contributions10/11 | €3k | |
| Reserves13 | €27k | |
| Distributable reserves133 | €27k | |
| Amounts payable17/49 | €64k | |
| Amounts payable within one year42/48 | €61k | |
| Trade debts44 | €13k | |
| Suppliers440/4 | €13k | |
| Taxes, remuneration and social security45 | €11k | |
| Taxes450/3 | €11k | |
| Other amounts payable47/48 | €37k | |
| Accrued charges and deferred income492/3 | €2k | |
| Line | 2024 |
|---|---|
| Profit (loss) for the period9904 | €27k |
| + Depreciation and write-downs630 | €8k |
| Operating cash flow (approximation) | €35k |
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 |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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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.