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Geotechnix

Active
Private limited companyfounded 201312 yrs activeDe Leiteweg 29, 8020 Oostkamp, BelgiumKBO/BCE: BE 0543.453.188

Geotechnix has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €816k and a net result of €109k. Equity is growing by ~25.2% per year across the filed fiscal years. Its solvency ranks better than 16% of 7689 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2025
48 / 100
Fair▼ -8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability67▼-33
Solvency19▼-1
Growth78=
Stability100
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity short (current ratio 0.89 against 0.95 in 2024), and 84.7% 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
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 2025
Solvency, return and age of the figures
Solvency
15.3%
Return on assets
2%
Age of the figures
12 mo
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 12 years 0 20 y
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 7689 sector peers (2025).
NBB · sector comparison
Position among 7689 sector peers
Solvency
better than 16%
← 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 14-04-2026, 16 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
16 d early
2024
83 d early
2023
63 d early
2022
31 d early
2021
3 d early
2020
1 d early
2019
58 d early
← before the deadline after the deadline →
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.
Companies Code · seven months
Position in the running window
16-09-2026 today30-09-2026 close30-04-2027 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 2025, abbreviated schema

Equity
€816k▲ 6.4%
2024 · €767k
2018: €72k 2019: €134k 2020: €299k 2021: €378k 2022: €500k 2023: €600k 2024: €767k
2018 → 2025
Total assets
€5.34M▲ 8.3%
2024 · €4.93M
2018: €614k 2019: €1.25M 2020: €1.75M 2021: €1.86M 2022: €3.15M 2023: €3.74M 2024: €4.93M
2018 → 2025
Net result
€109k▼ 45.2%
2024 · €199k
2018: €32k 2019: €62k 2020: €165k 2021: €79k 2022: €122k 2023: €100k 2024: €199k
2018 → 2025
Working capital
€-252k▼ 105%
2024 · €-123k
2018: €-98k 2019: €-131k 2020: €-106k 2021: €-95k 2022: €-146k 2023: €16k 2024: €-123k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€378k-€500k▲ 32.3%€600k▲ 20.1%€767k▲ 27.8%€816k▲ 6.4%
Operating result€101k-€168k▲ 66.8%€160k▼ 4.8%€375k▲ 134%€306k▼ 18.3%
Net result€79k-€122k▲ 54.9%€100k▼ 17.9%€199k▲ 98.8%€109k▼ 45.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€100k€200k€300k€400kOperating result 2021: €101k€101kNet result 2021: €79k€79kOperating result 2022: €168k€168kNet result 2022: €122k€122kOperating result 2023: €160k€160kNet result 2023: €100k€100kOperating result 2024: €375k€375kNet result 2024: €199k€199kOperating result 2025: €306k€306kNet result 2025: €109k€109k20212022202320242025
The operating result falls in 2025; 2025 is 18% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.34M
Fixed assets €3.31M▲ 20.6%
Current assets €2.03M▼ 7.2%
Equity and liabilities €5.34M
Equity €816k▲ 6.4%
Debt €4.52M▲ 8.6%
The debt ratio rises from 84.4% to 84.7%: debt grows faster than equity.
Key figures and ratios
2025 value · change against 2024
EBITDA
€1.02M
2024 · €928k
Cash flow
€821k
2024 · €752k
Solvency
15.3%
2024 · 15.6%
Current ratio
0.89
2024 · 0.95
Quick ratio
0.75
2024 · 0.83
Debt / equity
5.54
2024 · 5.43
ROE
13.4%
2024 · 26.0%
ROA
2.0%
2024 · 4.0%
Interest coverage
5.55
2024 · 6.43
Debt
€4.52M
2024 · €4.16M
Debt ≤ 1 year
€2.28M
2024 · €2.31M
Debt > 1 year
€2.24M
2024 · €1.85M
Income taxes
€17k
2024 · €36k
Staff costs
€1.07M
2024 · €1.21M
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€4.93M€5.34M
Fixed assets21/28€2.75M€3.31M
Tangible fixed assets22/27€2.74M€2.73M
Land and buildings22€465k€494k
Plant, machinery and equipment23€258k€259k
Furniture and vehicles24€169k€157k
Leasing and similar rights25€1.85M€1.82M
Financial fixed assets28€4k€579k
Current assets29/58€2.18M€2.03M
Stocks and contracts in progress3€280k€315k
Stocks30/36€280k€315k
Amounts receivable within one year40/41€1.71M€1.43M
Trade receivables40€1.52M€1.25M
Other amounts receivable41€190k€181k
Cash at bank and in hand54/58€136k€228k
Deferred charges and accrued income490/1€61k€57k
Equity and liabilities
Total equity and liabilities10/49€4.93M€5.34M
Equity10/15€767k€816k
Contributions10/11€25k€25k=
Outside capital11€25k€25k=
Other1109/19€25k€25k=
Reserves13€3k€3k=
Non-distributable reserves130/1€3k€3k=
Reserves not available under the articles1311€3k€3k=
Profit (loss) carried forward14€739k€789k
Amounts payable17/49€4.16M€4.52M
Amounts payable after more than one year17€1.85M€2.24M
Financial debts170/4€1.85M€2.24M
Amounts payable within one year42/48€2.31M€2.28M
Current portion of amounts payable after more than one year42€640k€834k
Financial debts43€825k€805k
Credit institutions430/8€825k€805k
Trade debts44€747k€474k
Suppliers440/4€747k€474k
Taxes, remuneration and social security45€85k€114k
Taxes450/3€27k€29k
Remuneration and social security454/9€59k€85k
Other amounts payable47/48€10k€51k
Accrued charges and deferred income492/3€6k€10k
Income statement Code20242025
Non-recurring operating income76A€8k€19k
Remuneration, social security and pensions62€1.21M€1.07M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€553k€712k
Other operating charges640/8€13k€14k
Gross operating margin9900€2.15M€2.10M
Operating profit (loss)9901€375k€306k
Financial income75/76B€5k€4k
Recurring financial income75€5k€4k
Financial charges65/66B€144k€183k
Recurring financial charges65€144k€183k
Profit (loss) for the period before taxes9903€235k€126k
Income taxes67/77€36k€17k
Profit (loss) for the period9904€199k€109k
Profit (loss) for the period to be appropriated9905€199k€109k
Appropriation of the result
Profit (loss) to be appropriated9906€739k€849k
Profit (loss) brought forward from the previous period14P€540k€739k
Transfer from equity791/2€32k-
Profit to be distributed694/7€32k€60k
Return on contributions (dividend)694€32k€60k
Social balance
Average headcount (FTE)908718.517.3

The notes to these accounts (11 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

Next filing, fiscal year 2026, expected by 30-04-2027
2026
14-04
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
06-02
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial Highest result since 2018net €199k ▲98.8%
Operating result €375k, net result €199k, both a record.
27-02
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial Equity above €500kEq €600k ▲20.1%
6 profitable years in a row build equity to €600k.
30-03
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
27-04
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
29-04
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial Equity above €200kEq €299k ▲123%
3 profitable years in a row build equity to €299k.
03-03
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-09
Financial Equity above €100kEq €134k ▲85.3%
2 profitable years in a row build equity to €134k.
11-03
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
23-02
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
24-03
NBB filing Annual accounts filed
fiscal year 2016 · 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, Oostkamp · 1 establishment unit since 2013
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.

De Leiteweg 298020 Oostkamp
Ground area
2,746 m²
Building footprint
748 m²
Volume, LiDAR
3,050 m³
Parcel 31025B0724/00S000, Flanders · tallest building 6.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GEOTECHNIX / Pro-workwear
De Leiteweg 29, 8020 OostkampCivil engineering
since 20132.225.043.606
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31025B0724/00S000 Flanders 2,746 m² 1 · 748 m² 6.1 m · 2 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 · 5 entries · 6,313 EUR awarded · 7,119 EUR paid
Year Entries awardedpaid
2025 1 1,559 EUR1,654 EUR
2024 1 154 EUR59 EUR
2023 2 4,473 EUR5,406 EUR
2022 1 127 EUR0 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
4 entries · 4,813 EUR · 5,619 EUR paid · Fonds voor Innoveren en Ondernemen
Subsidies ecologisch en veilig transport (stopgezet)
1 entry · 1,500 EUR · 1,500 EUR paid · Departement Mobiliteit en Openbare Werken

Recognitions · licences · registrations

Recognised contractor

1 category
Geotechnix BV44655
category G1, class 1
decision 06-02-2025

Similar companies · same sector, comparable size

Of 607 companies in sector 43130 we hold annual accounts for 302. 180 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded19-12-2013
Fiscal year end30-09
Activities, NACEBEL
43130Specialised construction activities
43211General electrical installation work
47527Retail trade
77320Rental and leasing activities
90201Performing arts by independent artists
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers

Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

1 entry
E-mail:INFO@GEOTECHNIX.BE
Establishment Oostkamp 2.225.043.606