GEOSERVICES
ActiveGEOSERVICES has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.35M and a net result of €187k. Equity is growing by ~38.6% per year across the filed fiscal years. Its solvency ranks better than 53% of 7687 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
79
/ 100
Excellent▼ -14 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability40▼-60
Solvency87▼-11
Growth78=
Stability100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €190k at 30 days acceptable
Liquidity ample (current ratio 1.79 against 2.42 in 2024), but 53.2% 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 risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
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
46.8%
Return on assets
3.7%
Age of the figures
8 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 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
31 d early
2023
43 d early
2023
43 d early
2022
3 d late
2021
2 d late
2020
45 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€2.35M▲ 8.6%
2024 · €2.17M
2019: €332k
2020: €529k
2021: €729k
2022: €698k
2023: €1.13M
2023: €1.69M
2024: €2.17M
2019 → 2025
Total assets
€5.03M▲ 32.9%
2024 · €3.79M
2019: €927k
2020: €1.52M
2021: €2.02M
2022: €1.82M
2023: €2.71M
2023: €3.03M
2024: €3.79M
2019 → 2025
Net result
€187k▼ 59.9%
2024 · €465k
2019: €170k
2020: €198k
2021: €200k
2022: €-31k
2023: €429k
2023: €566k
2024: €465k
2019 → 2025
Working capital
€1.99M▲ 2.1%
2024 · €1.95M
2019: €188k
2020: €199k
2021: €152k
2022: €47k
2023: €545k
2023: €1.41M
2024: €1.95M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20222023202320242025Trend
Equity€698k-€1.13M▲ 61.5%€1.69M▲ 50.2%€2.17M▲ 28.0%€2.35M▲ 8.6%
Operating result€-30k-€545k€749k▲ 37.4%€646k▼ 13.8%€271k▼ 58.1%
Net result€-31k-€429k€566k▲ 32.0%€465k▼ 17.8%€187k▼ 59.9%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 58% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.03M
Fixed assets
€496k▲ 9.1%
Current assets
€4.54M▲ 36.2%
Equity and liabilities €5.03M
Equity
€2.35M▲ 8.6%
Debt
€2.68M▲ 65.4%
The debt ratio rises from 42.8% to 53.2%: debt grows faster than equity.
Key figures and ratios
EBITDA
€506k▼
2024 · €879k
Cash flow
€422k▼
2024 · €698k
Solvency
46.8%▼
2024 · 57.2%
Current ratio
1.79▼
2024 · 2.42
Quick ratio
1.30▼
2024 · 2.10
Debt / equity
1.14▲
2024 · 0.75
ROE
7.9%▼
2024 · 21.5%
ROA
3.7%▼
2024 · 12.3%
Interest coverage
15.81▼
2024 · 47.75
Debt
€2.68M▲
2024 · €1.62M
Debt ≤ 1 year
€2.54M▲
2024 · €1.38M
Debt > 1 year
€121k▼
2024 · €240k
Income taxes
€70k▼
2024 · €169k
Staff costs
€1.32M▲
2024 · €981k
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€3.79M€5.03M▲
Fixed assets21/28€455k€496k▲
Intangible fixed assets21-€199k
Tangible fixed assets22/27€454k€295k▼
Land and buildings22€0-
Plant, machinery and equipment23€45k€38k▼
Furniture and vehicles24€137k€114k▼
Leasing and similar rights25€271k€139k▼
Other tangible fixed assets26-€5k
Financial fixed assets28€1k€2k▲
Current assets29/58€3.33M€4.54M▲
Stocks and contracts in progress3€432k€1.24M▲
Stocks30/36€417k€954k▲
Contracts in progress37€16k€287k▲
Amounts receivable within one year40/41€1.91M€2.96M▲
Trade receivables40€1.13M€1.57M▲
Other amounts receivable41€779k€1.39M▲
Cash at bank and in hand54/58€931k€287k▼
Deferred charges and accrued income490/1€57k€50k▼
Equity and liabilities
Total equity and liabilities10/49€3.79M€5.03M▲
Equity10/15€2.17M€2.35M▲
Contributions10/11€19k€19k=
Reserves13€2.15M€2.33M▲
Tax-exempt reserves132-€93k
Distributable reserves133€2.15M€2.24M▲
Amounts payable17/49€1.62M€2.68M▲
Amounts payable after more than one year17€240k€121k▼
Financial debts170/4€240k€121k▼
Amounts payable within one year42/48€1.38M€2.54M▲
Current portion of amounts payable after more than one year42€157k€118k▼
Financial debts43-€750k
Credit institutions430/8-€750k
Trade debts44€864k€825k▼
Suppliers440/4€864k€825k▼
Advances received on contracts in progress46€68k€63k▼
Taxes, remuneration and social security45€289k€283k▼
Taxes450/3€194k€80k▼
Remuneration and social security454/9€95k€203k▲
Other amounts payable47/48€0€500k▲
Accrued charges and deferred income492/3€3k€17k▲
Income statement
Code20242025
Remuneration, social security and pensions62€981k€1.32M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€233k€235k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€18k
Other operating charges640/8€15k€13k▼
Non-recurring operating charges66A-€8k
Gross operating margin9900€1.88M€1.86M▼
Operating profit (loss)9901€646k€271k▼
Financial income75/76B€6k€18k▲
Recurring financial income75€6k€18k▲
Financial charges65/66B€18k€32k▲
Recurring financial charges65€18k€32k▲
Profit (loss) for the period before taxes9903€633k€256k▼
Income taxes67/77€169k€70k▼
Profit (loss) for the period9904€465k€187k▼
Transfer to tax-exempt reserves689-€93k
Profit (loss) for the period to be appropriated9905€465k€94k▼
Appropriation of the result
Profit (loss) to be appropriated9906€465k€94k▼
Transfer to equity691/2€465k€94k▼
To other reserves6921€465k€94k▼
Social balance
Average headcount (FTE)908711.416.3▲
The notes to these accounts (26 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
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €2MEq €2.17M ▲28%
3 profitable years in a row build equity to €2.17M.
18-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2019net €566k ▲32%
Operating result €749k, net result €566k, both a record.
18-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
31-03
Financial
Back to profitnet €429k
Net result €429k after one loss-making year.
31-03
Financial
Equity above €1MEq €1.13M ▲61.5%
Equity rises from €698k to €1.13M.
2022
03-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 3 days late
31-03
Financial
Weakest financial yearnet €-31k ▼116%
Net result drops to €-31k, the lowest in the series; recovery starts the following year.
2021
02-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 2 days late
2020
16-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
31-03
Financial
Equity above €500kEq €529k ▲59.6%
2 profitable years in a row build equity to €529k.
2019
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
26-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
31-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Rijkevorsel · 2 establishment units since 2004
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.
Heesbeekweg 322310 RijkevorselGround area
9,697 m²
Building footprint
5,144 m²
Volume, LiDAR
40,798 m³
Parcel 13037A0142/00H000, Flanders · tallest building 8.9 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
GEOSERVICES
since 20042.135.209.233
DKG BORINGEN
since 20212.316.174.908
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13037A0142/00H000 | Flanders | 9,697 m² | 1 · 5,144 m² | 8.9 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 5,404 EUR awarded · 4,306 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 554 EUR | 504 EUR |
| 2024 | 1 | 2,095 EUR | 1,047 EUR |
| 2023 | 1 | 1,108 EUR | 1,734 EUR |
| 2022 | 1 | 1,647 EUR | 1,021 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 22,728 companies in sector 43211 we hold annual accounts for 10,271. 2,494 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-12-2003
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
45310
43222Installation of electric heating, air conditioning, cooling and ventilation
43230Insulation installation
43291Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesPhone:03/314 95 55
Fax:03/314 28 09