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Geo-connect

Active
Private limited companyfounded 201313 yrs activeRozenstraat 6, 8730 Beernem, BelgiumKBO/BCE: BE 0538.597.745

Geo-connect has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €109k and a net result of €34k. Equity is growing by ~34.3% per year across the filed fiscal years. Its solvency ranks better than 57% of 7744 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2025
75 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability88▼-4
Solvency75▼-16
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 2.36 against 4.61 in 2024; short-term debt: 37.4% of total assets), but 50.4% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
49.6%
Return on assets
15.2%
Age of the figures
9 mo
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
elevated failure risk from 2 to 8 years 13 years 0 20 y
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
28 d late
2024
30 d early
2023
65 d early
2022
21 d late
2021
29 d late
2020
192 d late
2019
127 d early
← before the deadline after the deadline →
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.
Companies Code · seven months
Position in the running window
20-09-2026 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

Financials · fiscal year 2025, abbreviated schema

Source amounts without an identifiable currency are assumed to be EUR.

Equity
€109k▲ 44.3%
2024 · €76k
2018: €-20k 2019: €6k 2020: €17k 2021: €45k 2022: €51k 2023: €55k 2024: €76k
2018 → 2025
Total assets
€221k▲ 92.3%
2024 · €115k
2018: €39k 2019: €54k 2020: €54k 2021: €85k 2022: €93k 2023: €97k 2024: €115k
2018 → 2025
Net result
€34k▲ 60.2%
2024 · €21k
2018: €-11k 2019: €25k 2020: €25k 2021: €29k 2022: €5k 2023: €4k 2024: €21k
2018 → 2025
Working capital
€112k▲ 27.3%
2024 · €88k
2018: €6k 2019: €18k 2020: €9k 2021: €37k 2022: €50k 2023: €57k 2024: €88k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€45k-€51k▲ 11.4%€55k▲ 8.5%€76k▲ 38.3%€109k▲ 44.3%
Operating result€38k-€7k▼ 82.6%€1k▼ 78.2%€23k▲ 1,474%€41k▲ 79.4%
Net result€29k-€5k▼ 81.9%€4k▼ 17.2%€21k▲ 389%€34k▲ 60.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40kOperating result 2021: €38k€38kNet result 2021: €29k€29kOperating result 2022: €7k€7kNet result 2022: €5k€5kOperating result 2023: €1k€1kNet result 2023: €4k€4kOperating result 2024: €23k€23kNet result 2024: €21k€21kOperating result 2025: €41k€41kNet result 2025: €34k€34k20212022202320242025
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 79% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €221k
Fixed assets €26k▲ 1,076%
Current assets €195k▲ 73.0%
Equity and liabilities €221k
Equity €109k▲ 44.3%
Debt €111k▲ 185%
The debt ratio rises from 34.0% to 50.4%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€48k
2024 · €25k
Cash flow
€40k
2024 · €23k
Solvency
49.6%
2024 · 66.0%
Current ratio
2.36
2024 · 4.61
Quick ratio
2.36
2024 · 4.61
Debt / equity
1.02
2024 · 0.51
ROE
30.7%
2024 · 27.7%
ROA
15.2%
2024 · 18.3%
Interest coverage
11.06
2024 · 14.78
Debt
€111k
2024 · €39k
Debt ≤ 1 year
€83k
2024 · €24k
Debt > 1 year
€29k
2024 · €15k
Income taxes
€9k
2024 · €8k
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 · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€115k€221k
Fixed assets21/28€2k€26k
Intangible fixed assets21€2k-
Tangible fixed assets22/27€456€26k
Plant, machinery and equipment23-€4k
Furniture and vehicles24€456€22k
Current assets29/58€113k€195k
Amounts receivable within one year40/41€112k€195k
Trade receivables40€5k€53k
Other amounts receivable41€108k€142k
Deferred charges and accrued income490/1€221€227
Equity and liabilities
Total equity and liabilities10/49€115k€221k
Equity10/15€76k€109k
Contributions10/11€12k€12k=
Outside capital11€12k€12k=
Other1109/19€12k€12k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€62k€95k
Amounts payable17/49€39k€111k
Amounts payable after more than one year17€15k€29k
Financial debts170/4€15k€29k
Amounts payable within one year42/48€24k€83k
Current portion of amounts payable after more than one year42€13k€12k
Financial debts43€2k€42k
Credit institutions430/8€2k€42k
Trade debts44€8k€26k
Suppliers440/4€8k€26k
Taxes, remuneration and social security45€1k€3k
Taxes450/3€1k€3k
Income statement Code20242025
Non-recurring operating income76A-€6k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€7k
Other operating charges640/8€2k€4k
Gross operating margin9900€27k€52k
Operating profit (loss)9901€23k€41k
Financial income75/76B€7k€6k
Recurring financial income75€7k€6k
Financial charges65/66B€2k€4k
Recurring financial charges65€2k€4k
Profit (loss) for the period before taxes9903€29k€43k
Income taxes67/77€8k€9k
Profit (loss) for the period9904€21k€34k
Profit (loss) for the period to be appropriated9905€21k€34k
Appropriation of the result
Profit (loss) to be appropriated9906€62k€95k
Profit (loss) brought forward from the previous period14P€41k€62k

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
28-08
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
2025
31-12
Financial Highest result since 2018net €34k ▲60.2%
Operating result €41k, net result €34k, both a record.
31-12
Financial Equity above €100kEq €109k ▲44.3%
7 profitable years in a row build equity to €109k.
01-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
27-05
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
21-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 21 days late
2022
29-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
08-02
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 192 days late
2020
26-03
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Back to profitnet €25k
Net result €25k after one loss-making year.
31-12
Financial Liquidity doublescurrent ratio 3.61
Current ratio from 1.67 to 3.61; short-term debt falls from €9k to €7k.
09-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
25-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 25 days late
2017
25-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 25 days late
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 2025
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.
23-12-2025 RODEYNS Cédric Lieven Frédérique: Resigned as Director
06-02-2020 Alex RODEYNS: Resigned as Director
11-12-2017 Cédric RODEYNS: Resigned as Manager
Location & real-estate footprint
Registered office, Beernem · 1 establishment unit since 2013
establishment The establishment unit on the map
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.

Rozenstraat 68730 Beernem
Ground area
705 m²
Building footprint
155 m²
Volume, LiDAR
630 m³
Parcel 31003G0085/00D004, Flanders · tallest building 7.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
CERO
Rozenstraat 6, 8730 BeernemSite preparation
since 20132.222.118.461
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31003G0085/00D004 Flanders 705 m² 1 · 155 m² 7.3 m · 1 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 607 companies in sector 43130 we hold annual accounts for 302. 234 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded11-09-2013
Fiscal year end31-12
Activities, NACEBEL
42219Civil engineering
43130Specialised construction activities
43211General electrical installation work
43120Site preparation
43212Electrical installation work in industrial facilities
46140Agents in the wholesale of industrial machinery, ships and aircraft
46150Agents in the wholesale of furniture, household goods and hardware
71121Engineering and related technical consultancy, excluding land surveyors
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers

Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

1 entry
Phone:0475627372
Establishment Beernem 2.222.118.461