Geo-SD
ActiveGeo-SD has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €81k and a net result of €19k. Equity is growing by ~8% per year across the filed fiscal years. Its solvency ranks better than 27% of 11613 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency36▼-33
Growth52=
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity short (current ratio 0.53 against 1.72 in 2023), and 70.2% 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
29.8%
Return on assets
7.1%
Age of the figures
20 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 26-06-2025, 35 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
35 d early
2023
48 d early
2022
48 d early
2021
47 d early
2020
26 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€81k=
2023 · €81k
2020: €58k
2021: €67k
2022: €90k
2023: €81k
2020 → 2024
Total assets
€273k▲ 12.7%
2023 · €243k
2020: €236k
2021: €217k
2022: €222k
2023: €243k
2020 → 2024
Net result
€19k▼ 29.3%
2023 · €27k
2020: €54k
2021: €9k
2022: €25k
2023: €27k
2020 → 2024
Working capital
€-49k
2023 · €49k
2020: €-19k
2021: €28k
2022: €53k
2023: €49k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€58k-€67k▲ 14.7%€90k▲ 34.5%€81k▼ 9.5%€81k=
Operating result€75k-€14k▼ 81.2%€36k▲ 158%€40k▲ 10.5%€28k▼ 29.3%
Net result€54k-€9k▼ 82.7%€25k▲ 163%€27k▲ 10.5%€19k▼ 29.3%
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 2024; 2024 is 29% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €273k
Fixed assets
€218k▲ 75.0%
Current assets
€55k▼ 53.1%
Equity and liabilities €273k
Equity
€81k=
Debt
€192k▲ 19.1%
The debt ratio rises from 66.5% to 70.2%: debt grows faster than equity.
Key figures and ratios
EBITDA
€39k▼
2023 · €48k
Cash flow
€30k▼
2023 · €35k
Solvency
29.8%▼
2023 · 33.5%
Current ratio
0.53▼
2023 · 1.72
Quick ratio
0.53▼
2023 · 1.72
Debt / equity
2.36▲
2023 · 1.98
ROE
23.7%▼
2023 · 33.5%
ROA
7.1%▼
2023 · 11.2%
Interest coverage
8.63▼
2023 · 9.99
Debt
€192k▲
2023 · €161k
Debt ≤ 1 year
€105k▲
2023 · €69k
Debt > 1 year
€87k▼
2023 · €93k
Income taxes
€5k▼
2023 · €8k
Staff costs
€2k=
2023 · €2k
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€243k€273k▲
Fixed assets21/28€125k€218k▲
Tangible fixed assets22/27€125k€218k▲
Land and buildings22€114k€187k▲
Plant, machinery and equipment23€4k€4k▼
Furniture and vehicles24€7k€25k▲
Other tangible fixed assets26-€3k
Current assets29/58€118k€55k▼
Amounts receivable within one year40/41€8k€16k▲
Trade receivables40€8k€10k▲
Other amounts receivable41€4€5k▲
Cash at bank and in hand54/58€90k€25k▼
Deferred charges and accrued income490/1€19k€15k▼
Equity and liabilities
Total equity and liabilities10/49€243k€273k▲
Equity10/15€81k€81k=
Contributions10/11€5k€5k=
Reserves13€76k€76k=
Distributable reserves133€76k€76k=
Amounts payable17/49€161k€192k▲
Amounts payable after more than one year17€93k€87k▼
Financial debts170/4€93k€87k▼
Amounts payable within one year42/48€69k€105k▲
Current portion of amounts payable after more than one year42€5k€6k▲
Trade debts44€4k€62k▲
Suppliers440/4€4k€62k▲
Taxes, remuneration and social security45€6k€4k▼
Taxes450/3€6k€4k▼
Other amounts payable47/48€53k€32k▼
Income statement
Code20232024
Non-recurring operating income76A€19k-
Remuneration, social security and pensions62€2k€2k=
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€11k▲
Other operating charges640/8€2k€872▼
Gross operating margin9900€52k€42k▼
Operating profit (loss)9901€40k€28k▼
Financial income75/76B-€2
Recurring financial income75-€2
Financial charges65/66B€5k€5k▼
Recurring financial charges65€5k€5k▼
Profit (loss) for the period before taxes9903€35k€24k▼
Income taxes67/77€8k€5k▼
Profit (loss) for the period9904€27k€19k▼
Profit (loss) for the period to be appropriated9905€27k€19k▼
Appropriation of the result
Profit (loss) to be appropriated9906€36k€19k▼
Profit (loss) brought forward from the previous period14P€9k-
Profit to be distributed694/7€36k€19k▼
Return on contributions (dividend)694€36k€19k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
13-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
13-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
14-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €9k ▼82.7%
Net result drops to €9k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 1.63
Current ratio from 0.70 to 1.63; short-term debt falls from €64k to €44k.
05-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Berlare · 1 establishment unit since 2019
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.
Kamershoek(B) 279290 BerlareGround area
1,102 m²
Building footprint
93 m²
Volume, LiDAR
546 m³
Parcel 42003A1771/00N000, Flanders · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Geo-SD
since 20192.289.590.473
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42003A1771/00N000 | Flanders | 1,102 m² | 1 · 92 m² | 7.5 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.
Similar companies · same sector, comparable size
Studiebureau ENERGEOS
BE 0669.530.721
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BE 0739.934.905
Zoersel · Eq €81k
VELINCK
BE 0451.544.601
Lokeren · Eq €82k
LANDMETERSBURO DELOOF
BE 0806.845.109
Ingelmunster · Eq €82k
AxPro Associate Experts
BE 0670.846.753
Villers-la-Ville · Eq €81k
Of 1,756 companies in sector 71122 we hold annual accounts for 765. 662 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-05-2019
Fiscal year end31-12
Activities, NACEBEL
71122Land surveying
Sources
Crossroads Bank for EnterprisesNational Bank · 5 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.