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GEOSEB SERVICES

Active
Public limited companyfounded 199134 yrs activeVanderborghtstraat 24, 1081 Koekelberg, BelgiumKBO/BCE: BE 0446.109.928

GEOSEB SERVICES has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €488k and a net result of €55k. Equity is growing by ~6.1% per year across the filed fiscal years. Its solvency ranks better than 68% of 37959 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2024
79 / 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability58▲+4
Solvency99▲+8
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity short (current ratio 0.57 against 0.35 in 2023; short-term debt: 6.4% and cash: 0.6% of total assets), and 26.2% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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
elevated failure risk from 2 to 8 years 34 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
73.8%
Return on assets
8.4%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-06-2025, 36 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
36 d early
2023
47 d early
2022
47 d early
2021
59 d early
2020
64 d early
2019
51 d early
← before the deadline after the deadline →
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

Financials · fiscal year 2024, micro schema

Equity
€488k▲ 12.8%
2023 · €433k
2018: €343k 2019: €344k 2020: €344k 2021: €364k 2022: €389k 2023: €433k
2018 → 2024
Total assets
€661k▲ 1.5%
2023 · €651k
2018: €643k 2019: €642k 2020: €637k 2021: €640k 2022: €644k 2023: €651k
2018 → 2024
Net result
€55k▲ 25.4%
2023 · €44k
2018: €250 2019: €263 2020: €72 2021: €20k 2022: €24k 2023: €44k
2018 → 2024
Working capital
€-18k▲ 33.0%
2023 · €-27k
2018: €-18k 2019: €-19k 2020: €-20k 2021: €2k 2022: €6k 2023: €-27k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€344k-€364k▲ 6.0%€389k▲ 6.7%€433k▲ 11.4%€488k▲ 12.8%
Operating result€765-€22k▲ 2,796%€25k▲ 11.3%€50k▲ 104%€86k▲ 70.5%
Net result€72-€20k▲ 28,357%€24k▲ 19.3%€44k▲ 80.7%€55k▲ 25.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€25k€50k€75kOperating result 2020: €765€765Net result 2020: €72€72Operating result 2021: €22k€22kNet result 2021: €20k€20kOperating result 2022: €25k€25kNet result 2022: €24k€24kOperating result 2023: €50k€50kNet result 2023: €44k€44kOperating result 2024: €86k€86kNet result 2024: €55k€55k20202021202220232024
The operating result has risen four years in a row; 2024 is 70% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €661k
Fixed assets €637k=
Current assets €24k▲ 69.1%
Equity and liabilities €661k
Equity €488k▲ 12.8%
Debt €173k▼ 20.8%
The debt ratio falls from 33.5% to 26.2%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
Solvency
73.8%
2023 · 66.5%
Current ratio
0.57
2023 · 0.35
Quick ratio
0.57
2023 · 0.35
Debt / equity
0.35
2023 · 0.50
ROE
11.3%
2023 · 10.2%
ROA
8.4%
2023 · 6.8%
Debt
€173k
2023 · €218k
Debt ≤ 1 year
€42k
2023 · €41k
Debt > 1 year
€131k
2023 · €177k
Income taxes
€7k
2023 · €6k
Staff costs
€67k
2023 · €58k
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€651k€661k
Fixed assets21/28€637k€637k=
Financial fixed assets28€637k€637k=
Current assets29/58€14k€24k
Amounts receivable within one year40/41€590€20k
Trade receivables40€590€20k
Cash at bank and in hand54/58€14k€4k
Equity and liabilities
Total equity and liabilities10/49€651k€661k
Equity10/15€433k€488k
Contributions10/11€149k€149k=
Capital10€149k-
Issued capital100€149k-
Reserves13€12k€52k
Non-distributable reserves130/1€12k€12k=
Legal reserve130€12k-
Reserves not available under the articles1311-€12k
Distributable reserves133-€40k
Profit (loss) carried forward14€272k€288k
Amounts payable17/49€218k€173k
Amounts payable after more than one year17€177k€131k
Financial debts170/4€54k€33k
Other amounts payable178/9€123k€98k
Amounts payable within one year42/48€41k€42k
Current portion of amounts payable after more than one year42-€30k
Financial debts43€28k-
Credit institutions430/8€28k-
Trade debts44€3k-
Suppliers440/4€3k-
Taxes, remuneration and social security45€7k€7k
Taxes450/3€7k€7k
Other amounts payable47/48€4k€5k
Income statement Code20232024
Remuneration, social security and pensions62€58k€67k
Other operating charges640/8€272€42
Gross operating margin9900€109k€153k
Operating profit (loss)9901€50k€86k
Financial income75/76B-€4
Recurring financial income75-€4
Financial charges65/66B€203€24k
Recurring financial charges65€203€24k
Profit (loss) for the period before taxes9903€50k€62k
Income taxes67/77€6k€7k
Profit (loss) for the period9904€44k€55k
Profit (loss) for the period to be appropriated9905€44k€55k
Appropriation of the result
Profit (loss) to be appropriated9906€272k€328k
Profit (loss) brought forward from the previous period14P€228k€272k
Transfer to equity691/2-€40k
To other reserves6921-€40k

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

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Timeline · acts, filings and financial milestones

2025
25-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Highest result since 2018net €55k ▲25.4%
Operating result €86k, net result €55k, both a record.
14-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
14-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Liquidity doublescurrent ratio 4.76
Current ratio from 2.20 to 4.76.
02-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Liquidity times 72current ratio 2.20
Current ratio from 0.03 to 2.20; short-term debt falls from €21k to €2k.
28-05
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Weakest financial yearnet €72 ▼72.6%
Net result drops to €72, the lowest in the series; recovery starts the following year.
10-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
12-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
30-05
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
13-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
10-06
NBB filing Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
8 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, Koekelberg · 1 establishment unit since 1992
establishment The establishment unit on the map
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.

Vanderborghtstraat 241081 Koekelberg
Ground area
178 m²
Building footprint
117 m²
Volume, LiDAR
963 m³
Parcel 21492B0007/00D002, Brussels · tallest building 15.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Vanderborghtstraat 24, 1081 Koekelberg
NACE 6024102
since 19922.056.031.992
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21492B0007/00D002 Brussels 178 m² 1 · 116 m² 15.9 m · 3 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

Of 82,570 companies in sector 70200 we hold annual accounts for 52,574. 34,829 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded20-12-1991
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 33 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.