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GEODES

Active Private limited companyfounded 2018active for 8 yearsElzenlaan 15, 8500 KortrijkKBO/BCE: BE 0697.897.281

Lifetime

7 annual accounts with figures on one time axis
peak €48,419 (2023)
€33,511▲ 3.1%
peak €33,885 (2023)
€24,261▲ 12.3%
peak €137,431 (2024)
€136,691▼ 0.5%
€34,190▲ 147%
Board1 name since 2018
1 director
Documentsfilings and deeds
05-01-202626 days before the deadline
2025micro format
Dividend €25,000Debts from €13,819 to €34,190Investments €13,384

Key points

from the 2025 annual accounts

Equity

€136,691 ▼ 0.5%
137,4312024+24,261Profit-25,000Dividend136,6912025

GEODES paid out €25,000 in dividends. That is 103% of the 2025 profit.

Investments

€13,384 4.8 × depreciation
20232025

Green is investment, beige is depreciation.

Liquidity

4.63 was 10.94 in 2024

Short-term debts rose from €13,567 to €34,007.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 26,972 companies had the same profile as GEODES has now. Each dot stands for 68 companies, two years later.

94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 26,972 companies, not a prediction for GEODES. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director, since 13-06-2018
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0697897281
New director appointed, resigned · Director discharge: · General meeting of 19-12-2023 · Gazette deed
Registered office moved from Spiere-Helkijn to Kortrijk New registered office: Elzenlaan 15 te 8500 Kortrijk · Previous registered office: Waterkeer 20 te 8587 Spiere-Helkijn · Gazette deed
First establishment Elzenlaan 15, Kortrijk
All 15 events

Comparable companies

same main activity, similar in size and age
Company
GEODES Kortrijk €170,882 €33,511 80.0% -
SH WEBCONSULTING Bruges €155,842 €30,864 15.4% -
LECROQ Brussels €173,738 €35,475 91.8% -
Serial Graphics Oudenaarde €154,403 €33,956 58.9% -
HT4CONSULT Lokeren €166,997 €32,272 99.4% -
IT TEC Sint-Niklaas €168,242 €37,220 34.8% -
CMIND SOLUTIONS Kampenhout €192,047 €31,154 86.5% -

These companies have the same main activity as GEODES: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €154,000 and €192,000, founded between 2017 and 2019.

Official details

Source: KBO
Status
Active since 14-06-2018Normal situation
Activity
Computer consultancy and computer facilities managementNACE 62200and 2 others
Establishment unit
2.277.348.8758500 Kortrijk, since 01-07-2018
Financial year end
30 June
Peppol
Reachable since 09-07-2025
Company details

Annual accounts to 30-06-2025

≈ €110,000estimated
€170,882▲ 13.0%
Filing
Filed on 05-01-2026, 26 days before the end of the filing period
Financials

Insights on GEODES

GEODES files the micro format. That format states no turnover. The gross margin rose from €16,871 in 2019 to €33,511 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about GEODES

What is the company number of GEODES?
The company number of GEODES is 0697.897.281. The VAT number is the same number with BE in front: BE 0697.897.281.
Where is GEODES based?
The registered office is at Elzenlaan 15, 8500 Kortrijk.Company details
What does GEODES do?
According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
What is the legal form of GEODES?
GEODES is a private limited company (BV).
When was GEODES founded?
GEODES was founded on 14-06-2018.
Is GEODES still active?
Yes, GEODES is an active enterprise in the KBO register.
What is the turnover of GEODES?
The turnover in financial year 2025 is ≈ €110,000. This figure is estimated from the gross margin of €33,511 and 63 comparable companies (NACE 62200). It probably lies between €91,000 and €150,000.Financials
Is GEODES profitable?
In financial year 2025, GEODES made a profit of €24,261.
Where can I find the annual accounts of GEODES?
GEODES filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of GEODES due?
GEODES must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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