GEOMAT CONSTRUCTION
ActiveThe computed 12-month bankruptcy probability of GEOMAT CONSTRUCTION is 2.8% (moderate). The 2024 annual accounts show equity of €21k and a net result of €10k. Its solvency ranks better than 42% of 9981 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
53
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability88▲+13
Solvency59▼-1
Growth78
Track record94
Bankruptcy probability, 12 months
2.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days only on tighter terms
Liquidity tight (current ratio 1.45 against 1.5 in 2023; short-term debt: 65.6% and cash: 1% of total assets), and 65.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 41
Relative position
BE, all sectors
reference
Sector 41
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 2024Solvency, return and age of the figures
Solvency
34.4%
Return on assets
15.5%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-12-2025, 144 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
144 d late
2023
91 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€21k▲ 82.3%
2023 · €12k
2023: €12k
2023 → 2024
Total assets
€62k▲ 85.8%
2023 · €33k
2023: €33k
2023 → 2024
Net result
€10k▲ 459%
2023 · €2k
2023: €2k
2023 → 2024
Working capital
€18k▲ 68.8%
2023 · €11k
2023: €11k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€12k-€21k▲ 82.3%
Operating result€2k-€12k▲ 473%
Net result€2k-€10k▲ 459%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2024; 2024 is 473% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €62k
Fixed assets
€3k▲ 245%
Current assets
€59k▲ 81.4%
Equity and liabilities €62k
Equity
€21k▲ 82.3%
Debt
€41k▲ 87.7%
The debt ratio rises from 64.9% to 65.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€12k▲
2023 · €2k
Cash flow
€10k▲
2023 · €2k
Solvency
34.4%▼
2023 · 35.1%
Current ratio
1.45▼
2023 · 1.50
Quick ratio
1.45▼
2023 · 1.50
Debt / equity
1.91▲
2023 · 1.85
ROE
45.1%▲
2023 · 14.7%
ROA
15.5%▲
2023 · 5.2%
Interest coverage
59.81▼
2023 · 583.42
Debt
€41k▲
2023 · €22k
Debt ≤ 1 year
€41k▲
2023 · €22k
Income taxes
€3k▲
2023 · €442
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€33k€62k▲
Fixed assets21/28€901€3k▲
Tangible fixed assets22/27€901€3k▲
Plant, machinery and equipment23-€2k
Furniture and vehicles24€901€1k▲
Current assets29/58€33k€59k▲
Amounts receivable within one year40/41€28k€57k▲
Trade receivables40€19k€50k▲
Other amounts receivable41€9k€7k▼
Cash at bank and in hand54/58€3k€604▼
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€33k€62k▲
Equity10/15€12k€21k▲
Contributions10/11€10k€10k=
Profit (loss) carried forward14€2k€11k▲
Amounts payable17/49€22k€41k▲
Amounts payable within one year42/48€22k€41k▲
Trade debts44€17k€38k▲
Suppliers440/4€17k€38k▲
Taxes, remuneration and social security45€5k€3k▼
Taxes450/3€5k€3k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€49€468▲
Other operating charges640/8€424€997▲
Gross operating margin9900€3k€13k▲
Operating profit (loss)9901€2k€12k▲
Financial income75/76B€104€525▲
Recurring financial income75€104€525▲
Financial charges65/66B€4€206▲
Recurring financial charges65€4€206▲
Profit (loss) for the period before taxes9903€2k€12k▲
Income taxes67/77€442€3k▲
Profit (loss) for the period9904€2k€10k▲
Profit (loss) for the period to be appropriated9905€2k€10k▲
Appropriation of the result
Profit (loss) to be appropriated9906€2k€11k▲
Profit (loss) brought forward from the previous period14P-€2k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
22-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 144 days late
2024
30-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 91 days late
NBB filing
Directors · office · real estate
Directors
1 act for this company is 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, Knokke-Heist · 1 establishment unit since 2023
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.
Swolfsstraat 148300 Knokke-HeistGround area
330 m²
Building footprint
71 m²
Volume, LiDAR
1,184 m³
Parcel 31334B0073/00A000, Flanders · tallest building 18.6 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
GEOMAT CONSTRUCTION
since 20232.343.938.682
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31334B0073/00A000 | Flanders | 330 m² | 1 · 71 m² | 18.6 m · 6 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.
Similar companies · same sector, comparable size
Ilno Management
BE 1029.003.120
Temse · Eq €21k
LACON Design & Build
BE 0757.751.627
Grimbergen · Eq €21k
DE DOBBELAERE NICK
BE 0742.494.220
Lievegem · Eq €21k
JASON LESCRAUWAET BOUWWERKEN
BE 0779.452.408
Oostkamp · Eq €21k
Vanryckeghem
BE 0801.454.976
Lochristi · Eq €21k
Of 29,801 companies in sector 41001 we hold annual accounts for 16,045. 11,703 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-04-2023
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43110Demolition
43211General electrical installation work
43221Plumbing work
43320Joinery installation
43410Roofing work
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.