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GEOBE

Active
Private limited company (pre-2019)founded 199926 yrs activeAvenue des Alliés(K) 143, 7540 Tournai, BelgiumKBO/BCE: BE 0468.612.245

GEOBE has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €696k and a net result of €516k. Equity is growing by ~49.3% per year across the filed fiscal years. Its solvency ranks better than 77% of 229 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2024
83 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+46
Solvency95▲+50
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity tight (current ratio 1.2 against 0.83 in 2023; short-term debt: 29.8% and cash: 0.1% of total assets), and 29.8% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 63
Relative position
BE, all sectors
reference
Sector 63
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 26 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
70.2%
Return on assets
52.1%
Age of the figures
21 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 24-07-2025, 7 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
7 d early
2023
30 d early
2022
31 d late
2021
26 d late
2020
27 d late
2019
18 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, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€516k
2023 · €-22k
2018: €-21k 2019: €161k 2020: €63k 2021: €11k 2022: €130k 2023: €-22k
2018 → 2024
Working capital
€60k
2023 · €-39k
2018: €-392k 2019: €-210k 2020: €-164k 2021: €-149k 2022: €-21k 2023: €-39k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€66k-€76k▲ 16.1%€207k▲ 171%€185k▼ 10.4%€696k▲ 276%
Operating result€98k-€39k▼ 60.6%€191k▲ 396%€2k▼ 98.9%€756k▲ 36,569%
Net result€63k-€11k▼ 83.3%€130k▲ 1,135%€-22k€516k
Result per fiscal year
Operating resultNet result
€-200k€0€200k€400k€600k€800kOperating result 2020: €98k€98kNet result 2020: €63k€63kOperating result 2021: €39k€39kNet result 2021: €11k€11kOperating result 2022: €191k€191kNet result 2022: €130k€130kOperating result 2023: €2k€2kNet result 2023: €-22k€-22kOperating result 2024: €756k€756kNet result 2024: €516k€516k20202021202220232024
The operating result recovers in 2024; 2024 is 36,569% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €991k
Fixed assets €636k▼ 14.1%
Current assets €355k▲ 88.3%
Equity and liabilities €991k
Equity €696k▲ 276%
Debt €295k▼ 60.4%
The debt ratio falls from 80.1% to 29.8%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€832k
2023 · €78k
Cash flow
€593k
2023 · €55k
Solvency
70.2%
2023 · 19.9%
Current ratio
1.20
2023 · 0.83
Quick ratio
1.20
2023 · 0.83
Debt / equity
0.42
2023 · 4.02
ROE
74.2%
2023 · -11.6%
ROA
52.1%
2023 · -2.3%
Interest coverage
26.22
2023 · 4.55
Debt
€295k
2023 · €744k
Debt ≤ 1 year
€295k
2023 · €227k
Debt > 1 year
€0
2023 · €515k
Income taxes
€211k
2023 · €9k
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€929k€991k
Fixed assets21/28€740k€636k
Intangible fixed assets21-€967
Tangible fixed assets22/27€740k€635k
Land and buildings22€611k€522k
Plant, machinery and equipment23€104k€94k
Furniture and vehicles24€26k€19k
Current assets29/58€188k€355k
Amounts receivable within one year40/41€24k€25k
Trade receivables40€15k€14k
Other amounts receivable41€9k€11k
Current investments50/53€150k€325k
Cash at bank and in hand54/58€10k€700
Deferred charges and accrued income490/1€4k€4k
Equity and liabilities
Total equity and liabilities10/49€929k€991k
Equity10/15€185k€696k
Contributions10/11€19k€19k=
Reserves13€132k€626k
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€130k€624k
Profit (loss) carried forward14€34k€52k
Amounts payable17/49€744k€295k
Amounts payable after more than one year17€515k€0
Financial debts170/4€515k€0
Amounts payable within one year42/48€227k€295k
Current portion of amounts payable after more than one year42€47k€3k
Financial debts43-€3
Credit institutions430/8-€3
Trade debts44€16k€22k
Suppliers440/4€16k€22k
Taxes, remuneration and social security45€18k€117k
Taxes450/3€18k€117k
Other amounts payable47/48€146k€152k
Accrued charges and deferred income492/3€2k€0
Income statement Code20232024
Non-recurring operating income76A-€317
Remuneration, social security and pensions62€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€76k€76k
Other operating charges640/8€7k€44k
Non-recurring operating charges66A€0€53k
Gross operating margin9900€86k€929k
Operating profit (loss)9901€2k€756k
Financial income75/76B€2k€3k
Recurring financial income75€2k€3k
Financial charges65/66B€17k€32k
Recurring financial charges65€17k€32k
Profit (loss) for the period before taxes9903€-13k€728k
Income taxes67/77€9k€211k
Profit (loss) for the period9904€-22k€516k
Profit (loss) for the period to be appropriated9905€-22k€516k
Appropriation of the result
Profit (loss) to be appropriated9906€34k€551k
Profit (loss) brought forward from the previous period14P€56k€34k
Transfer to equity691/2€0€493k
To other reserves6921€0€493k
Profit to be distributed694/7-€6k
Directors or managers695-€6k
Social balance
Average headcount (FTE)90870.00.0=

The notes to these accounts (17 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
24-07
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial Back to profitnet €516k
Net result €516k after one loss-making year.
31-12
Financial Equity above €500kEq €696k ▲276%
Equity rises from €185k to €696k.
01-07
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial Weakest financial yearnet €-22k ▼116%
Net result drops to €-22k, the lowest in the series; recovery starts the following year.
31-08
NBB filing Annual accounts filed
fiscal year 2022 · full schema · 31 days late
2022
31-12
Financial Equity above €200kEq €207k ▲171%
4 profitable years in a row build equity to €207k.
26-08
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 26 days late
2021
27-08
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 27 days late
2020
18-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 18 days late
2019
31-12
Financial Back to profitnet €161k
Net result €161k after one loss-making year.
17-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
23-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 23 days late
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
29-08
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 29 days late
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, Tournai · 1 establishment unit since 2000
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.

Avenue des Alliés(K) 1437540 Tournai
Ground area
3,982 m²
Building footprint
724 m²
Volume, LiDAR
1,502 m³
2 parcels, Wallonia · tallest building 4.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Rue de l'Escalette(TOU) 37, 7500 Tournai
NACE 52487
since 20002.096.346.578
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
57042B0050/00B000 Wallonia 2,990 m² 1 · 518 m² 4.8 m · 1 fl.
57463L0089/00F000 Wallonia 992 m² 1 · 206 m² -
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.

Recognitions · licences · registrations

Legal Entity Identifier

254900OWYY7H0H71CI79
live in the LEI register

Similar companies · same sector, comparable size

Of 2,726 companies in sector 63100 we hold annual accounts for 1,272. 749 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded22-12-1999
Fiscal year end31-12
Activities, NACEBEL
63100Computing infrastructure, data processing, hosting and related activities
63110Computing infrastructure, data processing, hosting and other information service activities
18120Other printing
62900Other information technology and computer services
71121Engineering and related technical consultancy, excluding land surveyors
74112Other professional, scientific and technical activities
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers

Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.