GEOFFROY NICOLAS
ActiveThe computed 12-month bankruptcy probability of GEOFFROY NICOLAS is 2.5% (moderate). The 2025 annual accounts show equity of €39k and a net result of €-5k. Equity remains stable across the filed fiscal years (±1.3% per year). Its solvency ranks better than 25% of 27711 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
49
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability65▼-4
Solvency49▲+6
Growth52=
Track record100
Bankruptcy probability, 12 months
2.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity short (current ratio 0.62 against 0.56 in 2024; short-term debt: 47.4% and cash: 0% of total assets), and 75.8% 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.
+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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
24.2%
Return on assets
-2.8%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-07-2026, 23 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
23 d early
2024
7 d early
2023
1 d early
2022
92 d late
2021
82 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€39k▼ 10.5%
2024 · €44k
2021: €13k
2022: €43k
2023: €44k
2024: €44k
2021 → 2025
Total assets
€162k▼ 35.2%
2024 · €249k
2021: €244k
2022: €145k
2023: €261k
2024: €249k
2021 → 2025
Net result
€-5k▼ 2,623%
2024 · €-168
2021: €8k
2022: €30k
2023: €796
2024: €-168
2021 → 2025
Working capital
€-29k▲ 51.5%
2024 · €-61k
2021: €-25k
2022: €-37k
2023: €-50k
2024: €-61k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€13k-€43k▲ 243%€44k▲ 1.9%€44k▼ 0.4%€39k▼ 10.5%
Operating result€9k-€35k▲ 307%€4k▼ 89.3%€3k▼ 18.3%€-738
Net result€8k-€30k▲ 304%€796▼ 97.4%€-168€-5k▼ 2,623%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €738 after €3k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €162k
Fixed assets
€114k▼ 33.0%
Current assets
€47k▼ 39.8%
Equity and liabilities €162k
Equity
€39k▼ 10.5%
Debt
€123k▼ 40.4%
The debt ratio falls from 82.5% to 75.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€56k▲
2024 · €52k
Cash flow
€52k▲
2024 · €49k
Solvency
24.2%▲
2024 · 17.5%
Current ratio
0.62▲
2024 · 0.56
Quick ratio
0.39▼
2024 · 0.42
Debt / equity
3.14▼
2024 · 4.71
ROE
-11.7%▼
2024 · -0.4%
ROA
-2.8%▼
2024 · -0.1%
Interest coverage
13.23▼
2024 · 14.87
Debt
€123k▼
2024 · €206k
Debt ≤ 1 year
€77k▼
2024 · €139k
Debt > 1 year
€46k▼
2024 · €67k
Income taxes
€132▼
2024 · €139
Staff costs
€3k▲
2024 · €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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€249k€162k▼
Fixed assets21/28€171k€114k▼
Tangible fixed assets22/27€171k€114k▼
Plant, machinery and equipment23€96k€67k▼
Furniture and vehicles24€65k€41k▼
Other tangible fixed assets26€10k€6k▼
Current assets29/58€79k€47k▼
Stocks and contracts in progress3€21k€18k▼
Stocks30/36€21k€18k▼
Amounts receivable within one year40/41€56k€28k▼
Trade receivables40€50k€11k▼
Other amounts receivable41€6k€17k▲
Cash at bank and in hand54/58€461€0▼
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€249k€162k▼
Equity10/15€44k€39k▼
Contributions10/11€5k€5k=
Reserves13€39k€34k▼
Distributable reserves133€39k€34k▼
Amounts payable17/49€206k€123k▼
Amounts payable after more than one year17€67k€46k▼
Financial debts170/4€67k€46k▼
Amounts payable within one year42/48€139k€77k▼
Current portion of amounts payable after more than one year42€26k€21k▼
Financial debts43-€13k
Credit institutions430/8-€13k
Trade debts44€43k€39k▼
Suppliers440/4€43k€39k▼
Taxes, remuneration and social security45€1k€750▼
Taxes450/3€1k€750▼
Remuneration and social security454/9€0-
Other amounts payable47/48€68k€3k▼
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Remuneration, social security and pensions62€2k€3k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€49k€56k▲
Other operating charges640/8€2k€2k▲
Non-recurring operating charges66A€262€509▲
Gross operating margin9900€56k€62k▲
Operating profit (loss)9901€3k€-738▼
Financial income75/76B€429€507▲
Recurring financial income75€429€507▲
Financial charges65/66B€4k€4k▲
Recurring financial charges65€4k€4k▲
Profit (loss) for the period before taxes9903€-29€-4k▼
Income taxes67/77€139€132▼
Profit (loss) for the period9904€-168€-5k▼
Profit (loss) for the period to be appropriated9905€-168€-5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-168€-5k▼
Profit (loss) brought forward from the previous period14P€0-
Transfer from equity791/2€168€5k▲
Transfer to equity691/2€0-
To other reserves6921€0-
The notes to these accounts (14 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
08-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-5k
Net result drops to €-5k, the lowest in the series.
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 92 days late
2022
31-12
Financial
Highest result since 2021net €30k ▲304%
Operating result €35k, net result €30k, both a record.
21-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 82 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Ardooie · 1 establishment unit since 2020
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.
Legestraat 278850 ArdooieGround area
4,214 m²
Building footprint
250 m²
Volume, LiDAR
1,191 m³
Parcel 36001B0931/00D000, Flanders · tallest building 9.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
GEOFFROY NICOLAS
since 20202.305.640.708
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36001B0931/00D000 | Flanders | 4,214 m² | 1 · 250 m² | 9.1 m · 1 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.
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Of 9,530 companies in sector 43222 we hold annual accounts for 5,661. 4,288 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-07-2020
Fiscal year end31-12
Activities, NACEBEL
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
43110Demolition
43211General electrical installation work
43240Other construction installation
43299Specialised construction activities
43320Joinery installation
43350Other building finishing work
43422Screed work
43990Other specialised construction activities
43995Specialised construction activities
43999Specialised construction activities
81300Landscape service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:nicolas.geoffroy@telenet.be
Phone:+32473611672