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GEOFISC

Active
Private limited companyfounded 199530 yrs activeDe Sevillastraat 100, 2100 Antwerpen, BelgiumKBO/BCE: BE 0456.437.161
Summary

For GEOFISC, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (-€39,204) and a net result of €4,088. Equity is shrinking by ~7.3% per year across the filed fiscal years. Its solvency ranks better than 5% of 10635 sector peers (fiscal year 2023). The company has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.4% (very 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
Profitability100=
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
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Signals

Five 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
Solvency, return and age of the figures
Solvency
-703.2%
Return on assets
73.3%
Age of the figures
33 mo
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
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← 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
highest failure risk from 2 to 8 years 30 years 0 40 y
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 deadline26-09-2026 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 31-08-2024, 31 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
31 d late
2022
27 d late
2020
31 d late
2019
95 d late
2018
30 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 43 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% 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

GEOFISC was incorporated on 7 November 1995.1 Total assets fell from EUR 12,657 in 2018 to EUR 5,575 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
€26,390
EBIT margin
16.1%
Net result
€4,088▲ 7.7%
2022 · €3,796
Working capital
€796
2022 · -€3,292
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20182019202020222023
Turnover€26,390
Operating result€3,850--€202-€5,612▼ 2,674%€3,945-€4,257▲ 7.9%
Net result€3,705--€284-€5,802▼ 1,946%€3,796-€4,088▲ 7.7%
EBIT margin16.1%
Equity-€29,935--€30,218▼ 0.9%-€36,021▼ 19.2%-€43,292--€39,204▲ 9.4%
Total assets€12,657-€14,278▲ 12.8%€7,717▼ 46.0%€2,535-€5,575▲ 120%
Debt€42,592-€44,496▲ 4.5%€43,737▼ 1.7%€45,827-€44,780▼ 2.3%
Working capital€8,966-€9,337▲ 4.1%€3,979▼ 57.4%-€3,292-€796
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€10,000-€5,000€0€5,000Operating result 2018: €3,850€3,850Net result 2018: €3,705€3,705Operating result 2019: -€202-€202Net result 2019: -€284-€284Operating result 2020: -€5,612-€5,612Net result 2020: -€5,802-€5,802Operating result 2022: €3,945€3,945Net result 2022: €3,796€3,796Operating result 2023: €4,257€4,257Net result 2023: €4,088€4,08820182019202020222023-€10,000-€5,000€0€5,000Operating result 2020: -€5,612-€5,610Net result 2020: -€5,802-€5,800Operating result 2022: €3,945€3,940Net result 2022: €3,796€3,800Operating result 2023: €4,257€4,260Net result 2023: €4,088€4,090202020222023
The operating result rises in 2023; 2023 is 8% above 2022 and is the highest result in the available series.
Key figures and ratios
2023 value · change against 2022
Solvency
-703.2%
Current ratio
1.17
Debt to equity
-1.14
ROA
73.3%
Debt ≤ 1 year
€4,780▼
2022 · €5,827
Debt > 1 year
€40,000=
2022 · €40,000
Income taxes
€73▲
2022 · €64
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 · 40 lines
Balance sheet Code20222023
Assets
Total assets20/58€2,535€5,575▲
Formation expenses20-€0
Tangible fixed assets22/27-€0
Current assets29/58€2,535€5,575▲
Amounts receivable within one year40/41€250€3,970▲
Trade receivables40€250€3,970▲
Cash at bank and in hand54/58€1,993€1,414▼
Deferred charges and accrued income490/1€292€191▼
Equity and liabilities
Total equity and liabilities10/49€2,535€5,575▲
Equity10/15-€43,292-€39,204▲
Contributions10/11€18,592€18,592=
Outside capital11-€18,592
Share premium1100/10-€18,592
Reserves13€1,859€1,859=
Non-distributable reserves130/1€1,859€1,859=
Reserves not available under the articles1311€1,859€1,859=
Profit (loss) carried forward14-€63,743-€59,656▲
Amounts payable17/49€45,827€44,780▼
Amounts payable after more than one year17€40,000€40,000=
Financial debts170/4€40,000€40,000=
Amounts payable within one year42/48€5,827€4,780▼
Taxes, remuneration and social security45€64€4,780▲
Taxes450/3€64-
Remuneration and social security454/9-€4,780
Other amounts payable47/48€5,764-
Income statement Code20222023
Turnover70-€26,390
Goods, raw materials, services and sundry goods60/61-€22,024
Other operating charges640/8€109€109▲
Gross operating margin9900€4,053€4,366▲
Operating profit (loss)9901€3,945€4,257▲
Financial income75/76B€3-
Recurring financial income75€3-
Financial charges65/66B€89€97▲
Recurring financial charges65€89€97▲
Profit (loss) for the period before taxes9903€3,859€4,160▲
Income taxes67/77€64€73▲
Profit (loss) for the period9904€3,796€4,088▲
Profit (loss) for the period to be appropriated9905€3,796€4,088▲
Appropriation of the result
Profit (loss) to be appropriated9906-€63,743-€59,656▲
Profit (loss) brought forward from the previous period14P-€67,539-€63,743▲

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020222023Change
Turnover70----€26,390-
Goods, raw materials, services and sundry goods60/61----€22,024-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,130€654€445---
Other operating charges640/8---€109€109▲ 0.3%
Gross operating margin9900€5,129€550-€4,619€4,053€4,366▲ 7.7%
Operating profit (loss)9901€3,850-€202-€5,612€3,945€4,257▲ 7.9%
Financial income75/76B---€3--
Recurring financial income75€0€0-€3--
Financial charges65/66B---€89€97▲ 8.9%
Recurring financial charges65€80€81€100€89€97▲ 8.9%
Profit (loss) for the period before taxes9903€3,771-€284-€5,712€3,859€4,160▲ 7.8%
Income taxes67/77€66-€91€64€73▲ 14.3%
Profit (loss) for the period9904€3,705-€284-€5,802€3,796€4,088▲ 7.7%
Profit (loss) for the period to be appropriated9905€3,705-€284-€5,802€3,796€4,088▲ 7.7%
Line20182019202020222023Change
Assets
Total assets20/58€12,657€14,278€7,717€2,535€5,575▲ 120%
Formation expenses20----€0-
Fixed assets21/28€1,099€445----
Tangible fixed assets22/27€1,099€445--€0-
Current assets29/58€11,558€13,833€7,717€2,535€5,575▲ 120%
Amounts receivable within one year40/41€9,178€7,828€7,179€250€3,970▲ 1,488%
Trade receivables40---€250€3,970▲ 1,488%
Cash at bank and in hand54/58€797€2,309-€1,993€1,414▼ 29.0%
Deferred charges and accrued income490/1---€292€191▼ 34.7%
Equity and liabilities
Total equity and liabilities10/49€12,657€14,278€7,717€2,535€5,575▲ 120%
Equity10/15-€29,935-€30,218-€36,021-€43,292-€39,204▲ 9.4%
Contributions10/11€18,592€18,592-€18,592€18,592=
Outside capital11----€18,592-
Share premium1100/10----€18,592-
Reserves13€1,859€1,859€1,859€1,859€1,859=
Non-distributable reserves130/1---€1,859€1,859=
Reserves not available under the articles1311---€1,859€1,859=
Profit (loss) carried forward14-€50,386-€50,670-€56,472-€63,743-€59,656▲ 6.4%
Amounts payable17/49€42,592€44,496€43,737€45,827€44,780▼ 2.3%
Amounts payable after more than one year17€40,000€40,000€40,000€40,000€40,000=
Financial debts170/4---€40,000€40,000=
Amounts payable within one year42/48€2,592€4,496€3,737€5,827€4,780▼ 18.0%
Trade debts44€358€1,341€876---
Taxes, remuneration and social security45---€64€4,780▲ 7,425%
Taxes450/3---€64--
Remuneration and social security454/9----€4,780-
Other amounts payable47/48---€5,764--
Line20182019202020222023Change
Profit (loss) for the period9904€3,705-€284-€5,802€3,796€4,088▲ 7.7%
+ Depreciation and write-downs630€1,130€654€445---
Operating cash flow (approximation)€4,835€371-€5,358€3,796€4,088▲ 7.7%
Investment in fixed assets (approximation)-€0----
Change in cash-€1,512---€579-

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
31-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-12
Financial Highest result since 2018net €4,088 ▲7.7%
Operating result €4,257, net result €4,088, both a record.
31-12
Financial Liquidity triplescurrent ratio 1.17
Current ratio from 0.44 to 1.17; short-term debt falls from €5,827 to €4,780.
27-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 27 days late
2022
31-12
Financial Back to profitnet €3,796
Net result €3,796 after 2 loss-making years.
2021
31-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial Weakest financial yearnet -€5,802
Net result drops to -€5,802, the lowest in the series; recovery starts the following year.
03-11
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 95 days late
2019
30-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
13-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 13 days late
2017
29-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
2016
31-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
2015
31-08
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema · 31 days late
2014
29-08
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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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, Antwerpen · 1 establishment unit since 1996
seat establishment The establishment unit on the map
Ground area
167 m²
Building footprint
142 m²
Volume, LiDAR
919 m³
Parcel 11346B0982/00B012, Flanders · tallest building 8.9 m, ±3 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
De Sevillastraat 100, 2100 Antwerpen
NACE 17720
since 19962.074.581.659
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11346B0982/00B012 Flanders 167 m² 1 · 142 m² 8.9 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 and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 1,759 companies in sector 71122 we hold annual accounts for 771. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded07-11-1995
Fiscal year end31-12
Activities, NACEBEL 2025
71122Land surveying
68310Real estate agency activities
69109Other legal services
70200Business and other management consultancy
85599Other education
85699Other educational support services
Contact
E-mail axel.annaert@landmeter-expert.org
Phone 033252388
Fax 033258436

Scores and ratios are computed by Checked and are not a credit decision.