Geostar
The computed 12-month bankruptcy probability of Geostar is 2.3% (moderate). The 2024 annual accounts show negative equity (€-2k) and a net result of €14k. Equity is shrinking by ~60.6% per year across the filed fiscal years. Its solvency ranks better than 23% of 3310 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-2k |
| Net result | €14k |
| Staff (FTE) | 1 |
| Better than sector | 23% |
Fragile profile, watch profitability in particular.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -5.1% | 25.2% | |
| Net result | €14k | €4k | |
| Equity | €-2k | €22k | |
| Gross operating margin | €38k | €19k | |
| Staff costs | €20k | €27k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €16k |
| Net profit | €14k |
| Cash flow | €15k |
| Staff costs | €20k |
| Income taxes | - |
| Dividends | - |
| Total assets | €43k |
| Equity | €-2k |
| Debt | €45k |
| of which ≤ 1y | €45k |
| of which > 1y | - |
| Working capital | €-6k |
| Employees (FTE) | 1.0 |
| 2024 | |
|---|---|
| Current ratio | 0.87 |
| Quick ratio | 0.87 |
| Working capital ratio | -13.9% |
| Solvency | -5.1% |
| Debt / equity | -20.62 |
| Long-term debt ratio | - |
| Interest coverage | 71.11 |
| Gross margin | - |
| Net margin | - |
| ROA | 33.0% |
| ROE | -647.4% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €43k |
| Fixed assets | 21/28 | €4k |
| Tangible fixed assets | 22/27 | €3k |
| Financial fixed assets | 28 | €244 |
| Current assets | 29/58 | €39k |
| Amounts receivable within one year | 40/41 | €37k |
| Cash & bank | 54/58 | €2k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €43k |
| Equity | 10/15 | €-2k |
| Contributions / capital | 10/11 | €10k |
| Accumulated profits (losses) | 14 | €-12k |
| Amounts payable | 17/49 | €45k |
| Amounts payable within one year | 42/48 | €45k |
| Trade debts payable within one year | 44 | €31k |
| Income statement | ||
| Gross operating margin | 9900 | €38k |
| Operating result | 9901 | €14k |
| Financial charges | 65 | €219 |
| Result before taxes | 9903 | €14k |
| Net result for the period | 9904 | €14k |
| Result to be appropriated | 9905 | €14k |
| NACE primary | Wholesale trade(46711) |
| Legal form | Private limited company(610) |
| Incorporation | 14-06-2022 |
| Status | Active |
| Postal code | 2830 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12040A0084/00A000 | Flanders | 4,871 m² | 1 · 1,023 m² | 10.0 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
19-12-2025 Change in the board of directors
Technical details
{
"events": [],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0787.268.331",
"name_full": "GEOSTAR",
"legal_form": "BV"
}
}17-12-2024 Registered office moved from Antwerpen to Willebroek
- Boomsesteenweg 956, 2610 Antwerpen → Hoeikensstraat 19, 2830 Willebroek
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Willebroek",
"region": "Vlaams Gewest",
"street": "Hoeikensstraat",
"country": "BE",
"postcode": "2830",
"box_number": "b2",
"street_number": "19"
},
"old_address": {
"city": "Antwerpen",
"region": "Vlaams Gewest",
"street": "Boomsesteenweg",
"country": "BE",
"postcode": "2610",
"box_number": null,
"street_number": "956"
},
"effective_date": "2024-11-01",
"evidence_quote": "De bestuurder beslist om met ingang vanaf 1 november 2024 de zetel te verplaatsen naar de Hoeikensstraat 19 b2 (Unit 6), 2830 Willebroek."
}
],
"schema": "v3.2",
"act_meta": {
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"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0787.268.331",
"name_full": "GEOSTAR",
"legal_form": "BV"
}
}16-06-2022 Incorporation of a new BV
Technical details
{
"kind": "oprichting",
"seat": "2610 Wilrijk, Boomsesteenweg 956",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1976-02-21",
"name": "KUPRASHVILI David",
"niss": null,
"address": "1210 Saint-Josse-ten-Noode, Tweekerkenstraat 98/1\u00E9t"
},
"share_class": "Aandelen",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 5000,
"holder_person_name": "KUPRASHVILI David",
"is_subscriber_only": true,
"n_shares_subscribed": 50,
"amount_subscribed_eur": 5000,
"is_anonymous_silent_partner": false
},
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1977-09-20",
"name": "SANASHVILI Zaza",
"niss": null,
"address": "2170 Antwerpen (Merksem), Wulpstraat 27/8"
},
"share_class": "Aandelen",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 5000,
"holder_person_name": "SANASHVILI Zaza",
"is_subscriber_only": true,
"n_shares_subscribed": 50,
"amount_subscribed_eur": 5000,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 10000,
"subject_company": {
"kbo": "0787.268.331",
"name_full": "Geostar",
"legal_form": "BV"
},
"initial_directors": [],
"incorporation_date": "2022-06-14",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | Geostar |