GEOSTA
Open bankruptcyA bankruptcy procedure is open for GEOSTA according to publications in the Belgian State Gazette; curator: PIETER WAUMAN.
Summary
The 2025 annual accounts show negative equity (-€31,863) and a net result of €60,083.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Ghent, Dendermonde division
- Declared bankrupt
- 4 February 2019
- Supervising judge
- Guido Henkens
- Official Gazette
- 11-02-2019 (pdf) ↗search the document for 2019/105776
Deadlines
- Provisional date payments stopped
- 4 February 2019A later judgment can change the date.art. XX.105 CEL
- Appeal or third-party opposition until
- passed on 26 February 2019Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 6 March 2019art. XX.104 and XX.155 CEL
- First verification report
- passed on 15 March 2019Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- passed on 4 February 2020Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Pieter WaumanVijfstraten 57, 9100 Sint- Niklaaspieter.wauman@truyensadvocaten.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 32023 sector peers (2025).
NBB · sector comparisonPosition among 32023 sector peers
Solvency
better than 9%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 15-04-2026, 15 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
15 d early
2024
on the day
2023
on the day
2022
2 d late
2021
5 d late
2020
3 d late
2019
18 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 2 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 1 May (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 close30-09-2026 today30-04-2027 deadline
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?List enrichment How is the Business and other management consultancy sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€60,083
2024 · -€11,937
Working capital
-€181,442▲ 30.3%
2024 · -€260,135
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€561,695▼ 6,583%€128,054€282,667▲ 121%-€11,787€60,731
Net result-€578,207below the sector's middle half▼ 6,818%€127,548above the sector's middle half€282,309above the sector's middle half▲ 121%-€11,937below the sector's middle half€60,083within the sector's middle half
Equity-€489,867below the sector's middle half-€362,319below the sector's middle half▲ 26.0%-€80,009below the sector's middle half▲ 77.9%-€91,946below the sector's middle half▼ 14.9%-€31,863below the sector's middle half▲ 65.3%
Total assets€911,156above the sector's middle half▼ 43.2%€1.0mabove the sector's middle half▲ 14.7%€1.3mabove the sector's middle half▲ 24.0%€1.2mabove the sector's middle half▼ 8.4%€1.2mabove the sector's middle half▲ 2.1%
Debt€1.4m▼ 7.5%€1.4m▲ 0.4%€1.4m▼ 2.2%€1.3m▼ 7.0%€1.2m▼ 2.8%
Working capital-€629,805below the sector's middle half▼ 993%-€500,506below the sector's middle half▲ 20.5%-€258,330below the sector's middle half▲ 48.4%-€260,135below the sector's middle half▼ 0.7%-€181,442below the sector's middle half▲ 30.3%
Solvency-53.8%below the sector's middle half▼ 59.3pp-34.7%below the sector's middle half▲ 19.1pp-6.2%below the sector's middle half▲ 28.5pp-7.7%below the sector's middle half▼ 1.6pp-2.6%below the sector's middle half▲ 5.1pp
Current ratio0.55below the sector's middle half▼ 0.410.64below the sector's middle half▲ 0.090.81below the sector's middle half▲ 0.170.80below the sector's middle half▼ 0.020.85below the sector's middle half▲ 0.06
Return on assets (ROA)-63.5%below the sector's middle half▼ 62.9pp12.2%within the sector's middle half▲ 75.7pp21.8%within the sector's middle half▲ 9.6pp-1.0%below the sector's middle half▼ 22.8pp5.0%within the sector's middle half▲ 6.0pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €60,731 after a loss of €11,787 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.2m
Fixed assets
€149,579 ▼ 11.1%
Current assets
€1.1m ▲ 4.3%
Key figures and ratios
EBITDA
€79,341▲
2024 · €6,331
Cash flow
€78,693▲
2024 · €6,182
Debt to equity
-39.04▼
2024 · -13.91
Interest coverage
101.38▲
2024 · 39.63
Debt ≤ 1 year
€1.2m▼
2024 · €1.3m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,000 | €6,191 | €5,599 | €18,118 | €18,610 | ▲ 2.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €681,543 | - | - | - | - | - |
| Other operating charges640/8 | €4,997 | €1,128 | €958 | €4,135 | €1,674 | ▼ 59.5% |
| Gross operating margin9900 | €130,846 | €135,373 | €289,223 | €10,466 | €81,014 | ▲ 674% |
| Operating profit (loss)9901 | -€561,695 | €128,054 | €282,667 | -€11,787 | €60,731 | ▲ 615% |
| Financial income75/76B | - | - | - | €10 | €135 | ▲ 1,193% |
| Recurring financial income75 | - | - | - | €10 | €135 | ▲ 1,193% |
| Financial charges65/66B | €310 | €506 | €358 | €160 | €783 | ▲ 390% |
| Recurring financial charges65 | €310 | €506 | €358 | €160 | €783 | ▲ 390% |
| Profit (loss) for the period before taxes9903 | -€562,005 | €127,548 | €282,309 | -€11,937 | €60,083 | ▲ 603% |
| Income taxes67/77 | €16,203 | - | - | - | - | - |
| Profit (loss) for the period9904 | -€578,207 | €127,548 | €282,309 | -€11,937 | €60,083 | ▲ 603% |
| Profit (loss) for the period to be appropriated9905 | -€578,207 | €127,548 | €282,309 | -€11,937 | €60,083 | ▲ 603% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €911,156 | €1.0m | €1.3m | €1.2m | €1.2m | ▲ 2.1% |
| Fixed assets21/28 | €139,938 | €138,188 | €178,320 | €168,189 | €149,579 | ▼ 11.1% |
| Intangible fixed assets21 | - | €4,249 | €4,383 | €2,163 | €134 | ▼ 93.8% |
| Tangible fixed assets22/27 | €6,000 | - | €39,999 | €32,087 | €15,507 | ▼ 51.7% |
| Plant, machinery and equipment23 | €6,000 | - | €5,092 | €4,393 | €2,031 | ▼ 53.8% |
| Furniture and vehicles24 | - | - | €34,907 | €27,694 | €13,475 | ▼ 51.3% |
| Financial fixed assets28 | €133,938 | €133,938 | €133,938 | €133,938 | €133,938 | = |
| Current assets29/58 | €771,217 | €906,482 | €1.1m | €1.0m | €1.1m | ▲ 4.3% |
| Amounts receivable within one year40/41 | €770,455 | €906,482 | €1.1m | €980,017 | €1.1m | ▲ 7.8% |
| Trade receivables40 | €749,043 | €850,905 | €1.0m | €968,652 | €1.0m | ▲ 4.8% |
| Other amounts receivable41 | €21,412 | €55,578 | €62,804 | €11,365 | €41,556 | ▲ 266% |
| Cash at bank and in hand54/58 | €762 | - | €14,008 | €38,503 | €5,562 | ▼ 85.6% |
| Deferred charges and accrued income490/1 | - | - | - | €408 | €229 | ▼ 44.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €911,156 | €1.0m | €1.3m | €1.2m | €1.2m | ▲ 2.1% |
| Equity10/15 | -€489,867 | -€362,319 | -€80,009 | -€91,946 | -€31,863 | ▲ 65.3% |
| Contributions10/11 | €123,950 | €123,950 | €123,950 | €123,950 | €123,950 | = |
| Capital10 | €123,950 | €123,950 | €123,950 | €123,950 | €123,950 | = |
| Issued capital100 | €123,950 | €123,950 | €123,950 | €123,950 | €123,950 | = |
| Reserves13 | €12,395 | €12,395 | €12,395 | €12,395 | €12,395 | = |
| Non-distributable reserves130/1 | €12,395 | €12,395 | €12,395 | €12,395 | €12,395 | = |
| Legal reserve130 | €12,395 | €12,395 | €12,395 | €12,395 | €12,395 | = |
| Profit (loss) carried forward14 | -€626,212 | -€498,664 | -€216,354 | -€228,291 | -€168,208 | ▲ 26.3% |
| Amounts payable17/49 | €1.4m | €1.4m | €1.4m | €1.3m | €1.2m | ▼ 2.8% |
| Amounts payable within one year42/48 | €1.4m | €1.4m | €1.4m | €1.3m | €1.2m | ▼ 2.8% |
| Trade debts44 | €7,555 | €19,106 | €13,568 | €2,781 | - | - |
| Suppliers440/4 | €7,555 | €19,106 | €13,568 | €2,781 | - | - |
| Taxes, remuneration and social security45 | €15,583 | €15,583 | - | - | - | - |
| Taxes450/3 | €15,583 | €15,583 | - | - | - | - |
| Other amounts payable47/48 | €1.4m | €1.4m | €1.4m | €1.3m | €1.2m | ▼ 2.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€578,207 | €127,548 | €282,309 | -€11,937 | €60,083 | ▲ 603% |
| + Depreciation and write-downs630 | €6,000 | €6,191 | €5,599 | €18,118 | €18,610 | ▲ 2.7% |
| Operating cash flow (approximation) | -€572,207 | €133,739 | €287,908 | €6,182 | €78,693 | ▲ 1,173% |
| Investment in fixed assets (approximation) | - | -€4,440 | -€45,731 | -€7,986 | €0 | ▲ 100% |
| Change in cash | - | - | - | €24,495 | -€32,941 | ▼ 234% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
15-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Back to profitnet €60,083
Net result €60,083 after one loss-making year.
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Highest result since 2018net €282,309 ▲121%
Operating result €282,667, net result €282,309, both a record.
02-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 2 days late
2022
30-09
Financial
Back to profitnet €127,548
Net result €127,548 after 2 loss-making years.
05-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 5 days late
2021
30-09
Financial
Weakest financial yearnet -€578,207
Net result drops to -€578,207, the lowest in the series.
03-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 3 days late
2020
18-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 18 days late
2019
30-09
Financial
Back to profitnet €14,505
Net result €14,505 after one loss-making year.
Show earlier events
02-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 125 days late
11-02
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Dendermonde · event 04-02-2019
2018
23-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 146 days late
23-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 511 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 14 acts read
About the unread acts
We know of 14 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
14 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, Genappe · 1 establishment unit since 1995
Ground area
2,391 m²
Building footprint
240 m²
Volume, LiDAR
1,413 m³
Parcel 25003M0224/00G000, Wallonia · tallest building 7.2 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Drève Maréchal Augereau 11, 1470 Genappe
since 19952.068.886.769
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25003M0224/00G000 | Wallonia | 2,391 m² | 1 · 240 m² | 7.2 m · 2 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | PIETER WAUMAN VIJFSTRATEN 57, 9100 SINT-
NIKLAAS |
04-02-2019 → present |
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Of 82,641 companies in sector 70200 we hold annual accounts for 52,636. 40,409 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded09-08-1994
Fiscal year end30-09
Activities, NACEBEL 2025
70200Business and other management consultancy
64210Activities of holding companies
E-invoicing
Reachable via Peppol
Peppol ID
0208:0453220919
Also
9925:BE0453220919
Registered
16-07-2026
The company is no longer active; its Peppol card can remain until its access point withdraws it.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.