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GEOFINA

Active
Public limited companyfounded 199035 yrs activePlace Communale 13, 1495 Villers-la-Ville, BelgiumKBO/BCE: BE 0442.287.039
Summary

For GEOFINA, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (-€11,707) and a net result of -€2,848. Equity is shrinking by ~44.8% per year across the filed fiscal years. Its solvency ranks better than 5% of 8327 sector peers (fiscal year 2023). The company has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.3% (low).

Checked score

No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability0=
Solvency0=
Growth22=
Track record100
Bankruptcy probability, 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2023
Age of the figures
Age of the figures
33 mo
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
highest failure risk from 2 to 8 years 35 years 0 40 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filings
Position against the passed deadline
31-12-2024 close31-07-2025 deadline30-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 16-10-2024, 77 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
77 d late
2022
133 d late
2021
148 d late
2020
293 d late
2019
654 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 261 days after the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (1)
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

History

GEOFINA was incorporated on 8 October 1990.1 Revenue fell from EUR 13,174 in 2018 to EUR 1,957 in 2023.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2023

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Financials · fiscal year 2023, micro schema

Turnover
€1,957▼ 46.1%
2022 · €3,632
EBIT margin
-334.5%▼ 183.0pp
2022 · -151.5%
Net result
-€2,848▲ 63.0%
2022 · -€7,689
Working capital
-€11,707▼ 32.1%
2022 · -€8,859
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20192020202120222023
Turnover€26,178▲ 98.7%€18,868▼ 27.9%€15,270▼ 19.1%€3,632▼ 76.2%€1,957▼ 46.1%
Operating result€3,524€3,035▼ 13.9%-€255-€5,502▼ 2,058%-€6,546▼ 19.0%
Net result€904▼ 86.2%€2,696within the sector's middle half▲ 198%-€20,513below the sector's middle half-€7,689below the sector's middle half▲ 62.5%-€2,848below the sector's middle half▲ 63.0%
EBIT margin13.5%▲ 59.5pp16.1%▲ 2.6pp-1.7%▼ 17.8pp-151.5%▼ 149.8pp-334.5%▼ 183.0pp
Equity€16,647▲ 5.7%€19,343within the sector's middle half▲ 16.2%-€1,170below the sector's middle half-€8,859below the sector's middle half▼ 657%-€11,707below the sector's middle half▼ 32.1%
Total assets€21,138▲ 9.7%€23,772below the sector's middle half▲ 12.5%€5,405below the sector's middle half▼ 77.3%€6,641below the sector's middle half▲ 22.9%€2,207below the sector's middle half▼ 66.8%
Debt€4,491▲ 27.7%€4,429▼ 1.4%€6,575▲ 48.5%€15,500▲ 136%€13,914▼ 10.2%
Working capital€16,647▲ 5.7%€19,343within the sector's middle half▲ 16.2%-€1,170below the sector's middle half-€8,859below the sector's middle half▼ 657%-€11,707below the sector's middle half▼ 32.1%
Solvency78.8%▼ 3.0pp81.4%above the sector's middle half▲ 2.6pp-21.6%below the sector's middle half▼ 103.0pp-133.4%below the sector's middle half▼ 111.8pp
Current ratio4.71▼ 0.775.37above the sector's middle half▲ 0.660.82below the sector's middle half▼ 4.550.43below the sector's middle half▼ 0.39
Return on assets (ROA)4.3%▼ 29.7pp11.3%within the sector's middle half▲ 7.1pp-379.5%below the sector's middle half▼ 390.9pp-115.8%below the sector's middle half▲ 263.7pp
above within below the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€30,000-€20,000-€10,000€0Operating result 2019: €3,524€3,524Net result 2019: €904€904Operating result 2020: €3,035€3,035Net result 2020: €2,696€2,696Operating result 2021: -€255-€255Net result 2021: -€20,513-€20,513Operating result 2022: -€5,502-€5,502Net result 2022: -€7,689-€7,689Operating result 2023: -€6,546-€6,546Net result 2023: -€2,848-€2,84820192020202120222023-€30,000-€20,000-€10,000€0Operating result 2021: -€255-€255Net result 2021: -€20,513-€20,500Operating result 2022: -€5,502-€5,500Net result 2022: -€7,689-€7,690Operating result 2023: -€6,546-€6,550Net result 2023: -€2,848-€2,850202120222023
The operating result stays negative: a loss of €6,546 in 2023 against €5,502 in 2022; the loss grows and 2023 has the lowest result in the available series.
Key figures and ratios
2023 value · change against 2022
Debt ≤ 1 year
€13,914▼
2022 · €15,500
Income taxes
-€4,186
Ratios withheld: a balance sheet total of €2,207 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2023 against 2022 · 36 lines
Balance sheet Code20222023
Assets
Total assets20/58€6,641€2,207▼
Current assets29/58€6,641€2,207▼
Amounts receivable within one year40/41-€729
Other amounts receivable41-€729
Cash at bank and in hand54/58€6,641€1,478▼
Equity and liabilities
Total equity and liabilities10/49€6,641€2,207▼
Equity10/15-€8,859-€11,707▼
Contributions10/11€30,987€30,987=
Capital10€30,987€30,987=
Issued capital100€30,987€30,987=
Reserves13€1,185€1,185=
Non-distributable reserves130/1€1,185€1,185=
Legal reserve130€1,185€1,185=
Profit (loss) carried forward14-€41,031-€43,879▼
Amounts payable17/49€15,500€13,914▼
Amounts payable within one year42/48€15,500€13,914▼
Trade debts44-€17
Suppliers440/4-€17
Taxes, remuneration and social security45€229€24▼
Taxes450/3€229€24▼
Other amounts payable47/48€15,271€13,873▼
Income statement Code20222023
Turnover70€3,632€1,957▼
Non-recurring operating income76A€683-
Goods, raw materials, services and sundry goods60/61€9,650€8,156▼
Other operating charges640/8€168€2,159▲
Gross operating margin9900-€5,334-€4,387▲
Operating profit (loss)9901-€5,502-€6,546▼
Financial charges65/66B€2,187€488▼
Recurring financial charges65€437€434▼
Non-recurring financial charges66B€1,750€54▼
Profit (loss) for the period before taxes9903-€7,689-€7,034▲
Income taxes67/77--€4,186
Profit (loss) for the period9904-€7,689-€2,848▲
Profit (loss) for the period to be appropriated9905-€7,689-€2,848▲
Appropriation of the result
Profit (loss) to be appropriated9906-€41,031-€43,879▼
Profit (loss) brought forward from the previous period14P-€33,342-€41,031▼
Line20192020202120222023Change
Turnover70€26,178€18,868€15,270€3,632€1,957▼ 46.1%
Non-recurring operating income76A€3,228--€683--
Goods, raw materials, services and sundry goods60/61€20,099€15,433€14,900€9,650€8,156▼ 15.5%
Remuneration, social security and pensions62€0€0----
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0€0----
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0€0----
Provisions for liabilities and charges: additions (uses and reversals)635/8€0€0----
Other operating charges640/8€658€975-€168€2,159▲ 1,185%
Operating charges capitalised as restructuring costs649€0€0----
Non-recurring operating charges66A€1,897-€575€625---
Gross operating margin9900€6,079€3,435€370-€5,334-€4,387▲ 17.8%
Operating profit (loss)9901€3,524€3,035-€255-€5,502-€6,546▼ 19.0%
Financial income75/76B--€84---
Recurring financial income75--€84---
Financial charges65/66B€1,290€531€724€2,187€488▼ 77.7%
Recurring financial charges65€1,290€531€556€437€434▼ 0.7%
Non-recurring financial charges66B--€168€1,750€54▼ 96.9%
Profit (loss) for the period before taxes9903€2,234€2,504-€895-€7,689-€7,034▲ 8.5%
Income taxes67/77€1,330-€192€19,618--€4,186-
Profit (loss) for the period9904€904€2,696-€20,513-€7,689-€2,848▲ 63.0%
Profit (loss) for the period to be appropriated9905€904€2,696-€20,513-€7,689-€2,848▲ 63.0%
Line20192020202120222023Change
Assets
Total assets20/58€21,138€23,772€5,405€6,641€2,207▼ 66.8%
Formation expenses20€0-----
Fixed assets21/28€0-----
Current assets29/58€21,138€23,772€5,405€6,641€2,207▼ 66.8%
Amounts receivable within one year40/41€8,720€20,307--€729-
Trade receivables40€1,260€8,331----
Other amounts receivable41€7,460€11,976--€729-
Cash at bank and in hand54/58€12,418€3,465€5,405€6,641€1,478▼ 77.7%
Equity and liabilities
Total equity and liabilities10/49€21,138€23,772€5,405€6,641€2,207▼ 66.8%
Equity10/15€16,647€19,343-€1,170-€8,859-€11,707▼ 32.1%
Contributions10/11€30,987€30,987€30,987€30,987€30,987=
Capital10€30,987€30,987€30,987€30,987€30,987=
Issued capital100€30,987€30,987€30,987€30,987€30,987=
Reserves13€1,185€1,185€1,185€1,185€1,185=
Non-distributable reserves130/1€1,185€1,185€1,185€1,185€1,185=
Legal reserve130€1,185€1,185€1,185€1,185€1,185=
Profit (loss) carried forward14-€15,525-€12,829-€33,342-€41,031-€43,879▼ 6.9%
Amounts payable17/49€4,491€4,429€6,575€15,500€13,914▼ 10.2%
Amounts payable within one year42/48€4,491€4,429€6,575€15,500€13,914▼ 10.2%
Trade debts44€526€9€489-€17-
Suppliers440/4€526€9€489-€17-
Taxes, remuneration and social security45€620€658-€229€24▼ 89.5%
Taxes450/3€620€658-€229€24▼ 89.5%
Other amounts payable47/48€3,345€3,762€6,086€15,271€13,873▼ 9.2%
Line20192020202120222023Change
Profit (loss) for the period9904€904€2,696-€20,513-€7,689-€2,848▲ 63.0%
+ Depreciation and write-downs630€0€0----
Operating cash flow (approximation)€904€2,696-€20,513-€7,689-€2,848▲ 63.0%
Change in cash--€8,953€1,940€1,236-€5,163▼ 518%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2024
16-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 77 days late
2023
11-12
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 133 days late
2022
26-12
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 148 days late
20-05
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 293 days late
16-05
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 654 days late
2021
31-12
Financial Weakest financial yearnet -€20,513
Net result drops to -€20,513, the lowest in the series; recovery starts the following year.
2020
24-06
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 329 days late
2019
27-05
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 300 days late
2018
05-03
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 217 days late
2017
27-05
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 300 days late
2016
23-04
NBB filing Annual accounts filed
fiscal year 2014 · full schema · 267 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Villers-la-Ville · 1 establishment unit since 1993
seat establishment The establishment unit on the map
Ground area
1,814 m²
Building footprint
236 m²
Volume, LiDAR
1,745 m³
Parcel 25102C0303/00P000, Wallonia · tallest building 10.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
GEOFINA SA
Place Communale 13, 1495 Villers-la-VilleNACE 13000
since 19932.102.903.184
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25102C0303/00P000 Wallonia 1,814 m² 1 · 236 m² 10.2 m · 3 fl.
Linked by address, not proof of ownership
Good to know
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

Of 2,709 companies in sector 73200 we hold annual accounts for 1,786. 814 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded08-10-1990
Fiscal year end31-12
Activities, NACEBEL 2025
73200Market research and public opinion polling
46869Wholesale trade
47781Retail sale of solid, liquid and gaseous fuels, excluding motor fuels
E-invoicing
Not found in the Peppol register

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Register as of 30 September 2026 · Peppol Directory

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