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Geo-Support

Active
Private limited companyfounded 201016 yrs activeLange Munte 73, 9860 Oosterzele, BelgiumKBO/BCE: BE 0823.726.275

Geo-Support has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €80k and a net result of €17k. Equity is growing by ~30.7% per year across the filed fiscal years. Its solvency ranks better than 26% of 11614 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2024
59 / 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability76▲+6
Solvency52▼-2
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days only on tighter terms
Liquidity tight (current ratio 1.43 against 1.5 in 2023; short-term debt: 17.5% and cash: 1.7% of total assets), and 72.7% 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 riskneutral
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 →
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 16 years 0 20 y
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 2024
Solvency, return and age of the figures
Solvency
27.3%
Return on assets
5.9%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-12-2025, 126 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
126 d late
2023
28 d late
2022
59 d late
2021
30 d late
2020
60 d late
2019
91 d late
← before the deadline after the 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 2024, micro schema

Equity
€80k▲ 27.8%
2023 · €63k
2018: €29k 2019: €26k 2020: €18k 2021: €33k 2022: €60k 2023: €63k
2018 → 2024
Total assets
€294k▲ 35.6%
2023 · €217k
2018: €83k 2019: €92k 2020: €248k 2021: €210k 2022: €215k 2023: €217k
2018 → 2024
Net result
€17k▲ 542%
2023 · €3k
2018: €7k 2019: €-3k 2020: €-8k 2021: €15k 2022: €27k 2023: €3k
2018 → 2024
Working capital
€22k▼ 19.8%
2023 · €27k
2018: €19k 2019: €32k 2020: €48k 2021: €21k 2022: €31k 2023: €27k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€18k-€33k▲ 87.4%€60k▲ 82.8%€63k▲ 4.5%€80k▲ 27.8%
Operating result€-5k-€23k€41k▲ 77.2%€7k▼ 83.4%€26k▲ 280%
Net result€-8k-€15k€27k▲ 77.5%€3k▼ 90.0%€17k▲ 542%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€0€20k€40kOperating result 2020: €-5k€-5kNet result 2020: €-8k€-8kOperating result 2021: €23k€23kNet result 2021: €15k€15kOperating result 2022: €41k€41kNet result 2022: €27k€27kOperating result 2023: €7k€7kNet result 2023: €3k€3kOperating result 2024: €26k€26kNet result 2024: €17k€17k20202021202220232024
The operating result recovers in 2024; 2024 is 280% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €294k
Fixed assets €220k▲ 63.5%
Current assets €73k▼ 10.5%
Equity and liabilities €294k
Equity €80k▲ 27.8%
Debt €214k▲ 38.7%
The debt ratio rises from 71.1% to 72.7%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€44k
2023 · €18k
Cash flow
€36k
2023 · €14k
Solvency
27.3%
2023 · 28.9%
Current ratio
1.43
2023 · 1.50
Quick ratio
1.43
2023 · 1.50
Debt / equity
2.67
2023 · 2.46
ROE
21.7%
2023 · 4.3%
ROA
5.9%
2023 · 1.3%
Interest coverage
13.61
2023 · 10.37
Debt
€214k
2023 · €154k
Debt ≤ 1 year
€51k
2023 · €55k
Debt > 1 year
€157k
2023 · €99k
Income taxes
€5k
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€217k€294k
Fixed assets21/28€135k€220k
Tangible fixed assets22/27€134k€220k
Land and buildings22€125k€119k
Plant, machinery and equipment23€2k€38k
Furniture and vehicles24€7k€63k
Financial fixed assets28€410€410=
Current assets29/58€82k€73k
Amounts receivable within one year40/41€57k€68k
Trade receivables40€57k€66k
Other amounts receivable41-€2k
Cash at bank and in hand54/58€23k€5k
Deferred charges and accrued income490/1€2k-
Equity and liabilities
Total equity and liabilities10/49€217k€294k
Equity10/15€63k€80k
Contributions10/11€6k€6k=
Reserves13€56k€74k
Distributable reserves133€56k€74k
Profit (loss) carried forward14€309€309=
Amounts payable17/49€154k€214k
Amounts payable after more than one year17€99k€157k
Financial debts170/4€99k€157k
Amounts payable within one year42/48€55k€51k
Current portion of amounts payable after more than one year42€9k€28k
Financial debts43-€272
Credit institutions430/8-€272
Trade debts44€28k€0
Suppliers440/4€28k€0
Taxes, remuneration and social security45€11k€11k
Taxes450/3€7k€5k
Remuneration and social security454/9€4k€6k
Other amounts payable47/48€7k€12k
Accrued charges and deferred income492/3-€6k
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€19k
Other operating charges640/8€1k€2k
Gross operating margin9900€19k€47k
Operating profit (loss)9901€7k€26k
Financial income75/76B€91€133
Recurring financial income75€91€133
Financial charges65/66B€2k€3k
Recurring financial charges65€2k€3k
Profit (loss) for the period before taxes9903€5k€23k
Income taxes67/77€2k€5k
Profit (loss) for the period9904€3k€17k
Profit (loss) for the period to be appropriated9905€3k€17k
Appropriation of the result
Profit (loss) to be appropriated9906€3k€18k
Profit (loss) brought forward from the previous period14P€309€309=
Transfer to equity691/2€3k€17k
To other reserves6921€3k€17k

The notes to these accounts (10 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

2025
04-12
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 126 days late
2024
28-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
28-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 59 days late
2022
31-12
Financial Highest result since 2018net €27k ▲77.5%
Operating result €41k, net result €27k, both a record.
30-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial Back to profitnet €15k
Net result €15k after 2 loss-making years.
29-09
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 60 days late
2020
31-12
Financial Weakest financial yearnet €-8k
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
30-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
29-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
28-08
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 28 days late
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
2016
30-09
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 61 days late
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, Oosterzele · 1 establishment unit since 2010
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.

Lange Munte 739860 Oosterzele
Ground area
2,707 m²
Building footprint
207 m²
Volume, LiDAR
187 m³
Parcel 44059B0512/02P000, Flanders · tallest building 10.9 m. Linked by address, not a title deed.
1 establishment unit
Lange Munte 73, 9860 Oosterzele
Holdings
since 20102.186.183.426
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44059B0512/02P000 Flanders 2,707 m² 1 · 207 m² 10.9 m
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.

Public money · subsidies and aid

Flemish government

2022 to 2025 · 4 entries · 868 EUR awarded · 790 EUR paid
Year Entries awardedpaid
2025 1 81 EUR81 EUR
2024 1 156 EUR191 EUR
2023 1 113 EUR449 EUR
2022 1 518 EUR69 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
4 entries · 868 EUR · 790 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 1,759 companies in sector 71122 we hold annual accounts for 770. 666 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded08-03-2010
Fiscal year end31-12
Activities, NACEBEL
71122Land surveying
68322Real estate appraisal on a fee or contract basis
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 15 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

2 entries
E-mail:info@geo-support.be
Enterprise
Phone:0477432626
Enterprise