GEO-EX
ActiveGEO-EX has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €32k and a net result of €-21k. Equity is growing by ~8.4% per year across the filed fiscal years. Its solvency ranks better than 75% of 1937 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
54
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-48
Solvency92▼-8
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 2.25 against 5.71 in 2023; short-term debt: 32.7% and cash: 1.8% of total assets), and 32.7% 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 71
Relative position
BE, all sectors
reference
Sector 71
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
67.3%
Return on assets
-42.8%
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 17-06-2025, 44 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
44 d early
2023
40 d early
2022
25 d early
2021
26 d early
2020
3 d late
2019
7 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€32k▼ 38.9%
2023 · €53k
2019: €16k
2020: €41k
2021: €42k
2022: €38k
2023: €53k
2019 → 2024
Total assets
€48k▼ 21.3%
2023 · €61k
2019: €52k
2020: €66k
2021: €46k
2022: €42k
2023: €61k
2019 → 2024
Net result
€-21k
2023 · €15k
2019: €9k
2020: €26k
2021: €423
2022: €-4k
2023: €15k
2019 → 2024
Working capital
€20k▼ 48.7%
2023 · €38k
2019: €-19k
2020: €13k
2021: €25k
2022: €26k
2023: €38k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€41k-€42k▲ 1.0%€38k▼ 8.6%€53k▲ 37.8%€32k▼ 38.9%
Operating result€38k-€3k▼ 91.4%€-12k€-32k▼ 162%€-18k▲ 42.8%
Net result€26k-€423▼ 98.4%€-4k€15k€-21k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €18k in 2024 against €32k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €48k
Fixed assets
€13k▼ 12.8%
Current assets
€35k▼ 23.9%
Equity and liabilities €48k
Equity
€32k▼ 38.9%
Debt
€16k▲ 92.6%
The debt ratio rises from 13.4% to 32.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-11k▲
2023 · €-12k
Cash flow
€-13k▼
2023 · €35k
Solvency
67.3%▼
2023 · 86.6%
Current ratio
2.25▼
2023 · 5.71
Quick ratio
2.25▼
2023 · 5.71
Debt / equity
0.49▲
2023 · 0.15
ROE
-63.7%▼
2023 · 27.4%
ROA
-42.8%▼
2023 · 23.8%
Interest coverage
-5.21▲
2023 · -31.55
Debt
€16k▲
2023 · €8k
Debt ≤ 1 year
€16k▲
2023 · €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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€61k€48k▼
Fixed assets21/28€14k€13k▼
Tangible fixed assets22/27€14k€12k▼
Plant, machinery and equipment23-€8k
Furniture and vehicles24€14k€4k▼
Financial fixed assets28€750€750=
Current assets29/58€47k€35k▼
Amounts receivable within one year40/41€37k€33k▼
Trade receivables40€7k€32k▲
Other amounts receivable41€30k€2k▼
Cash at bank and in hand54/58€9k€867▼
Deferred charges and accrued income490/1€1k€1k▼
Equity and liabilities
Total equity and liabilities10/49€61k€48k▼
Equity10/15€53k€32k▼
Contributions10/11€6k€6k=
Profit (loss) carried forward14€47k€26k▼
Amounts payable17/49€8k€16k▲
Amounts payable within one year42/48€8k€16k▲
Trade debts44€6k€12k▲
Suppliers440/4€6k€12k▲
Taxes, remuneration and social security45€2k€3k▲
Taxes450/3€2k€1k▼
Remuneration and social security454/9-€2k
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€8k▼
Other operating charges640/8€2k€459▼
Gross operating margin9900€-10k€-10k▼
Operating profit (loss)9901€-32k€-18k▲
Financial income75/76B€47k€10▼
Recurring financial income75€47k€10▼
Financial charges65/66B€377€2k▲
Recurring financial charges65€377€2k▲
Profit (loss) for the period before taxes9903€15k€-21k▼
Income taxes67/77€326-
Profit (loss) for the period9904€15k€-21k▼
Profit (loss) for the period to be appropriated9905€15k€-21k▼
Appropriation of the result
Profit (loss) to be appropriated9906€47k€26k▼
Profit (loss) brought forward from the previous period14P€32k€47k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €-21k ▼242%
Net result drops to €-21k, the lowest in the series.
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €15k
Net result €15k after one loss-making year.
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Liquidity quadruplescurrent ratio 6.65
Current ratio from 1.53 to 6.65; short-term debt falls from €25k to €4k.
03-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 3 days late
2020
31-12
Financial
Highest result since 2019net €26k ▲177%
Operating result €38k, net result €26k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 1.53
Current ratio from 0.48 to 1.53; short-term debt falls from €36k to €25k.
07-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 7 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Mol · 1 establishment unit since 2018
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.
Keikenstraat 162400 MolGround area
1,508 m²
Building footprint
169 m²
Volume, LiDAR
837 m³
Parcel 13433E1627/00D000, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GEO-EX
since 20182.280.831.175
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13433E1627/00D000 | Flanders | 1,508 m² | 1 · 169 m² | 8.2 m · 2 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.
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LANDMETER LABEEUW
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Of 1,759 companies in sector 71122 we hold annual accounts for 770. 594 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-10-2018
Fiscal year end31-12
Activities, NACEBEL
71122Land surveying
Sources
Crossroads Bank for EnterprisesNational Bank · 6 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.