GEOFOOD
ActiveGEOFOOD has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €534k and a net result of €94k. Equity is growing by ~9.3% per year across the filed fiscal years. Its solvency ranks better than 49% of 7955 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
71
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability78▲+67
Solvency68▲+1
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 1.78 against 1.88 in 2024; short-term debt: 35.2% and cash: 13.6% of total assets), but 57.2% 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 risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
42.8%
Return on assets
7.5%
Age of the figures
15 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 22-01-2026, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
9 d early
2024
8 d early
2023
14 d early
2022
13 d early
2021
14 d early
2020
3 d early
2019
21 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close18-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€534k▲ 17.3%
2024 · €455k
2019: €319k
2020: €308k
2021: €375k
2022: €501k
2023: €520k
2024: €455k
2019 → 2025
Total assets
€1.25M▲ 14.8%
2024 · €1.09M
2019: €909k
2020: €893k
2021: €866k
2022: €997k
2023: €901k
2024: €1.09M
2019 → 2025
Net result
€94k
2024 · €-65k
2019: €22k
2020: €-11k
2021: €84k
2022: €126k
2023: €19k
2024: €-65k
2019 → 2025
Working capital
€343k▲ 17.2%
2024 · €293k
2019: €214k
2020: €250k
2021: €329k
2022: €407k
2023: €428k
2024: €293k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€375k-€501k▲ 33.7%€520k▲ 3.8%€455k▼ 12.5%€534k▲ 17.3%
Operating result€98k-€169k▲ 72.8%€35k▼ 79.4%€-48k€126k
Net result€84k-€126k▲ 49.9%€19k▼ 84.9%€-65k€94k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €126k after a loss of €48k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.25M
Fixed assets
€464k▲ 0.8%
Current assets
€781k▲ 25.0%
Equity and liabilities €1.25M
Equity
€534k▲ 17.3%
Debt
€712k▲ 13.0%
The debt ratio falls from 58.1% to 57.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€172k▲
2024 · €-3k
Cash flow
€140k▲
2024 · €-20k
Solvency
42.8%▲
2024 · 41.9%
Current ratio
1.78▼
2024 · 1.88
Quick ratio
1.27▼
2024 · 1.43
Debt / equity
1.33▼
2024 · 1.38
ROE
17.5%▲
2024 · -14.2%
ROA
7.5%▲
2024 · -6.0%
Interest coverage
8.34▲
2024 · -0.16
Debt
€712k▲
2024 · €630k
Debt ≤ 1 year
€438k▲
2024 · €332k
Debt > 1 year
€274k▼
2024 · €298k
Income taxes
€12k
Staff costs
€440k▲
2024 · €321k
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€1.09M€1.25M▲
Fixed assets21/28€461k€464k▲
Intangible fixed assets21€11k€4k▼
Tangible fixed assets22/27€191k€203k▲
Land and buildings22€130k€115k▼
Plant, machinery and equipment23€49k€44k▼
Furniture and vehicles24€12k€44k▲
Financial fixed assets28€258k€258k=
Current assets29/58€625k€781k▲
Stocks and contracts in progress3€150k€226k▲
Stocks30/36€150k€226k▲
Amounts receivable within one year40/41€307k€355k▲
Trade receivables40€287k€347k▲
Other amounts receivable41€20k€9k▼
Cash at bank and in hand54/58€149k€169k▲
Deferred charges and accrued income490/1€19k€31k▲
Equity and liabilities
Total equity and liabilities10/49€1.09M€1.25M▲
Equity10/15€455k€534k▲
Contributions10/11€12k€12k=
Reserves13€508k€522k▲
Tax-exempt reserves132€56k€56k=
Distributable reserves133€452k€466k▲
Profit (loss) carried forward14€-65k-
Amounts payable17/49€630k€712k▲
Amounts payable after more than one year17€298k€274k▼
Financial debts170/4€298k€274k▼
Amounts payable within one year42/48€332k€438k▲
Current portion of amounts payable after more than one year42€67k€63k▼
Financial debts43€12k€91k▲
Credit institutions430/8€12k€91k▲
Trade debts44€147k€159k▲
Suppliers440/4€147k€159k▲
Taxes, remuneration and social security45€70k€86k▲
Taxes450/3€8k€18k▲
Remuneration and social security454/9€62k€68k▲
Other amounts payable47/48€36k€40k▲
Income statement
Code20242025
Remuneration, social security and pensions62€321k€440k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€45k€46k▲
Other operating charges640/8€32k€5k▼
Gross operating margin9900€350k€617k▲
Operating profit (loss)9901€-48k€126k▲
Financial income75/76B€523€199▼
Recurring financial income75€523€199▼
Financial charges65/66B€18k€21k▲
Recurring financial charges65€18k€21k▲
Profit (loss) for the period before taxes9903€-65k€105k▲
Income taxes67/77-€12k
Profit (loss) for the period9904€-65k€94k▲
Profit (loss) for the period to be appropriated9905€-65k€94k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-65k€29k▲
Profit (loss) brought forward from the previous period14P-€-65k
Transfer to equity691/2-€14k
To other reserves6921-€14k
Profit to be distributed694/7-€15k
Return on contributions (dividend)694-€15k
Social balance
Average headcount (FTE)90875.87.5▲
The notes to these accounts (21 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
22-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
Financial
Back to profitnet €94k
Net result €94k after one loss-making year.
30-06
Financial
Equity above €500kEq €534k ▲17.3%
Equity rises from €455k to €534k.
23-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-06
Financial
Weakest financial yearnet €-65k ▼440%
Net result drops to €-65k, the lowest in the series; recovery starts the following year.
17-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
18-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
Financial
Highest result since 2019net €126k ▲49.9%
Operating result €169k, net result €126k, both a record.
30-06
Financial
Equity above €500kEq €501k ▲33.7%
2 profitable years in a row build equity to €501k.
17-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
Financial
Back to profitnet €84k
Net result €84k after one loss-making year.
28-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
10-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
02-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
06-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
04-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Beveren-Kruibeke-Zwijndrecht · 1 establishment unit since 2011
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.
Gentseweg(BEV) 309C9120 Beveren-Kruibeke-ZwijndrechtGround area
1.9 ha
Building footprint
1,550 m²
Parcel 46009B0179/00D000, Flanders. Linked by address, not a title deed.
1 establishment unit
GEOFOOD
since 20112.199.048.792
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46009B0179/00D000 | Flanders | 1.9 ha | 1 · 1,550 m² | - |
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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteBeveren-Kruibeke-Zwijndrecht2.199.048.792
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Of 1,642 companies in sector 46170 we hold annual accounts for 671. 363 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-04-2011
Fiscal year end30-06
Activities, NACEBEL
10110Manufacture of food products
10111Manufacture of food products
46170Agents in the wholesale of food, beverages and tobacco
46319Wholesale of fruit and vegetables, excluding potatoes
46322Wholesale trade
46331Wholesale trade
46349Wholesale of beverages, general range
46350Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.carnivale.be
E-mail:johan@carnivale.be