GEOTEX
ActiveThe computed 12-month bankruptcy probability of GEOTEX is 3.6% (moderate). The 2024 annual accounts show equity of €15k and a net result of €10k. Its solvency ranks better than 17% of 3569 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
78
/ 100
Excellent▲ +18 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability62▼-4
Solvency25▲+8
Growth85
Stability94
Bankruptcy probability, 12 months
3.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days only on tighter terms
Liquidity tight (current ratio 1.16 against 1.07 in 2023), and 84.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
15.5%
Return on assets
10.6%
Age of the figures
26 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 3569 sector peers (2024).
NBB · sector comparisonPosition among 3569 sector peers
Solvency
better than 17%
← weakest
strongest →
raises risk · Annual accounts not filed
The financial year that closed on 30-06-2025 was due at the National Bank by 31-01-2026. Nothing is on record, 226 days later.
NBB · 2 filingsPosition against the passed deadline
30-06-2025 close31-01-2026 deadline14-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2024 was due by 31-01-2025 and was filed on 31-01-2025, 0 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not filed
2024
on the day
2023
on the day
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
€190k▲ 30.4%
2023 · €146k
2023: €146k
2023 → 2024
EBIT margin
6.7%▲ 4.8pp
2023 · 2.0%
2023: 2.0%
2023 → 2024
Net result
€10k▲ 371%
2023 · €2k
2023: €2k
2023 → 2024
Working capital
€13k▲ 181%
2023 · €5k
2023: €5k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Turnover€146k-€190k▲ 30.4%
Equity€5k-€15k▲ 217%
Operating result€3k-€13k▲ 347%
Net result€2k-€10k▲ 371%
Result per fiscal year
Operating resultNet result
The operating result rises in 2024; 2024 is 347% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €95k
Fixed assets
€2k▲ 2,924%
Current assets
€93k▲ 40.6%
Equity and liabilities €95k
Equity
€15k▲ 217%
Debt
€80k▲ 30.1%
The debt ratio falls from 93.0% to 84.5%: equity grows faster than debt.
Key figures and ratios
EBITDA
€13k
Cash flow
€11k
Solvency
15.5%▲
2023 · 7.0%
Current ratio
1.16▲
2023 · 1.07
Quick ratio
1.16▲
2023 · 1.07
Debt / equity
5.45▼
2023 · 13.26
ROE
68.4%▲
2023 · 46.1%
ROA
10.6%▲
2023 · 3.2%
Interest coverage
71.65
Debt
€80k▲
2023 · €62k
Debt ≤ 1 year
€80k▲
2023 · €62k
Income taxes
€3k▲
2023 · €530
Staff costs
€214▼
2023 · €349
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€66k€95k▲
Fixed assets21/28€61€2k▲
Tangible fixed assets22/27-€2k
Plant, machinery and equipment23-€2k
Financial fixed assets28€61€96▲
Current assets29/58€66k€93k▲
Amounts receivable within one year40/41€38k€45k▲
Trade receivables40€38k€45k▲
Cash at bank and in hand54/58€8k€8k▲
Deferred charges and accrued income490/1€20k€40k▲
Equity and liabilities
Total equity and liabilities10/49€66k€95k▲
Equity10/15€5k€15k▲
Contributions10/11€3k€3k=
Capital10€3k€3k=
Issued capital100€3k€3k=
Reserves13€250€250=
Non-distributable reserves130/1€250€250=
Legal reserve130€250€250=
Profit (loss) carried forward14€2k€12k▲
Amounts payable17/49€62k€80k▲
Amounts payable within one year42/48€62k€80k▲
Trade debts44€51k€72k▲
Suppliers440/4€5k€10k▲
Bills of exchange payable441€46k€62k▲
Taxes, remuneration and social security45€11k€8k▼
Taxes450/3€2k€3k▲
Remuneration and social security454/9€8k€6k▼
Income statement
Code20232024
Turnover70€146k€190k▲
Goods, raw materials, services and sundry goods60/61€142k€142k=
Remuneration, social security and pensions62€349€214▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€613
Gross operating margin9900€3k€14k▲
Operating profit (loss)9901€3k€13k▲
Financial charges65/66B€187€187▼
Recurring financial charges65€187€187▼
Profit (loss) for the period before taxes9903€3k€13k▲
Income taxes67/77€530€3k▲
Profit (loss) for the period9904€2k€10k▲
Profit (loss) for the period to be appropriated9905€2k€10k▲
Appropriation of the result
Profit (loss) to be appropriated9906€2k€12k▲
Profit (loss) brought forward from the previous period14P-€2k
Transfer to equity691/2€250-
To the legal reserve6920€250-
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
NBB filing
Directors · office · real estate
Directors
1 act for this company is 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, Namur · 1 establishment unit since 2022
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.
Chaussée de Waterloo 475000 NamurGround area
531 m²
Building footprint
109 m²
Volume, LiDAR
1,293 m³
Parcel 92094A0131/00X000, Wallonia · tallest building 13.2 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
GEOTEX
since 20222.331.793.787
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92094A0131/00X000 | Wallonia | 531 m² | 1 · 109 m² | 13.2 m · 4 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
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BE 1006.798.038
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MANELEC
BE 0423.002.647
Awans · Eq €15k
VOLTMAN TECHNICAL CONCEPT SERVICE
BE 0795.611.519
Nivelles · Eq €15k
VDtechnieken
BE 0754.617.834
Heusden-Zolder · Eq €15k
Of 22,729 companies in sector 43211 we hold annual accounts for 10,273. 6,484 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-02-2022
Fiscal year end30-06
Activities, NACEBEL
43211General electrical installation work
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
43320Joinery installation
43331Floor and wall tiling
43333Wallpapering and laying of floor and wall coverings in other materials
43343Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.