GEO MAR
ActiveThe computed 12-month bankruptcy probability of GEO MAR is 2.4% (moderate). The 2025 annual accounts show equity of €22k and a net result of €764. Equity is growing by ~34.1% per year across the filed fiscal years. Its solvency ranks better than 20% of 7331 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
38
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability45▼-39
Solvency39▼-5
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
2.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity tight (current ratio 1.13 against 1.16 in 2024; short-term debt: 86.4% and cash: 2.8% of total assets), and 86.4% 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.
+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 7331 sector peers (2025).
NBB · sector comparisonPosition among 7331 sector peers
Solvency
better than 20%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 31-01-2026, 0 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
on the day
2024
2 d early
2023
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close17-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€22k▲ 3.6%
2024 · €21k
2023: €8k
2024: €21k
2023 → 2025
Total assets
€164k▲ 43.8%
2024 · €114k
2023: €136k
2024: €114k
2023 → 2025
Net result
€764▼ 94.5%
2024 · €14k
2023: €5k
2024: €14k
2023 → 2025
Working capital
€18k▲ 19.5%
2024 · €15k
2023: €-1k
2024: €15k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€8k-€21k▲ 183%€22k▲ 3.6%
Operating result€6k-€17k▲ 207%€3k▼ 84.5%
Net result€5k-€14k▲ 203%€764▼ 94.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 84% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €164k
Fixed assets
€4k▼ 33.4%
Current assets
€159k▲ 48.5%
Equity and liabilities €164k
Equity
€22k▲ 3.6%
Debt
€141k▲ 53.2%
The debt ratio rises from 81.2% to 86.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€5k▼
2024 · €20k
Cash flow
€3k▼
2024 · €16k
Solvency
13.6%▼
2024 · 18.8%
Current ratio
1.13▼
2024 · 1.16
Quick ratio
0.89▲
2024 · 0.79
Debt / equity
6.37▲
2024 · 4.31
ROE
3.4%▼
2024 · 64.7%
ROA
0.5%▼
2024 · 12.2%
Interest coverage
3.05▼
2024 · 261.67
Debt
€141k▲
2024 · €92k
Debt ≤ 1 year
€141k▲
2024 · €92k
Income taxes
€353▼
2024 · €4k
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€114k€164k▲
Fixed assets21/28€6k€4k▼
Tangible fixed assets22/27€6k€4k▼
Furniture and vehicles24€6k€4k▼
Current assets29/58€107k€159k▲
Stocks and contracts in progress3€35k€34k▼
Stocks30/36€35k€34k▼
Amounts receivable within one year40/41€66k€121k▲
Trade receivables40€62k€116k▲
Other amounts receivable41€4k€4k▲
Cash at bank and in hand54/58€6k€5k▼
Equity and liabilities
Total equity and liabilities10/49€114k€164k▲
Equity10/15€21k€22k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€18k€19k▲
Amounts payable17/49€92k€141k▲
Amounts payable within one year42/48€92k€141k▲
Trade debts44€68k€100k▲
Suppliers440/4€68k€100k▲
Taxes, remuneration and social security45€22k€39k▲
Taxes450/3€4k€4k▲
Remuneration and social security454/9€19k€35k▲
Other amounts payable47/48€2k€2k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k=
Other operating charges640/8€600€2k▲
Gross operating margin9900€20k€6k▼
Operating profit (loss)9901€17k€3k▼
Financial income75/76B€1€0▼
Recurring financial income75€1€0▼
Financial charges65/66B€75€2k▲
Recurring financial charges65€75€2k▲
Profit (loss) for the period before taxes9903€17k€1k▼
Income taxes67/77€4k€353▼
Profit (loss) for the period9904€14k€764▼
Profit (loss) for the period to be appropriated9905€14k€764▼
Appropriation of the result
Profit (loss) to be appropriated9906€18k€19k▲
Profit (loss) brought forward from the previous period14P€5k€18k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Weakest financial yearnet €764 ▼94.5%
Net result drops to €764, the lowest in the series.
29-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Highest result since 2023net €14k ▲203%
Operating result €17k, net result €14k, both a record.
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Beersel · 1 establishment unit since 2022
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.
Oudstrijdersstraat 831654 BeerselGround area
903 m²
Building footprint
338 m²
Volume, LiDAR
1,589 m³
2 parcels, Flanders · tallest building 11.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
GEO MAR
since 20222.339.640.988
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23035A0320/00V000 | Flanders | 816 m² | 1 · 226 m² | 11.1 m · 1 fl. |
| 23003C0213/00K000 | Flanders | 87 m² | 1 · 112 m² | 11.2 m · 1 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.
Similar companies · same sector, comparable size
SEDER
BE 0503.770.884
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ANES
BE 0799.905.055
Gent · Eq €22k
MIRDITA OROSH
BE 0741.794.533
Evere · Eq €22k
WBC Bouw
BE 0831.806.969
Aalter · Eq €22k
BOD IMMO
BE 0769.971.548
Herstal · Eq €22k
Of 29,808 companies in sector 41001 we hold annual accounts for 16,033. 11,786 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-12-2022
Fiscal year end30-06
Activities, NACEBEL
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
41003General construction of other non-residential buildings
43110Demolition
43211General electrical installation work
43230Insulation installation
43291Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.