Geothermal Innovation & Services
The computed 12-month bankruptcy probability of Geothermal Innovation & Services is 1.2% (low). The 2024 annual accounts show equity of €351k and a net result of €27k. Equity is growing by ~8.7% per year across the filed fiscal years. Its solvency ranks better than 64% of 64 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €351k |
| Net result | €27k |
| Better than sector | 64% |
| Active | 4 yrs |
Strong profile, led by stability.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
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 | 29.4% | 20.6% | |
| Net result | €27k | €-3k | |
| Equity | €351k | €212k | |
| Gross operating margin | €170k | €43k | |
| Total assets | €1.19M | €1.19M |
Show 9 other metrics
| Fiscal year | 2024 |
|---|---|
| Deposit | verkort |
| Revenue | - |
| EBITDA | €170k |
| Net profit | €27k |
| Cash flow | €78k |
| Staff costs | - |
| Income taxes | €10k |
| Dividends | - |
| Total assets | €1.19M |
| Equity | €351k |
| Debt | €843k |
| of which ≤ 1y | €109k |
| of which > 1y | €600k |
| Working capital | €176k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 2.62 |
| Quick ratio | 2.62 |
| Working capital ratio | 14.8% |
| Solvency | 29.4% |
| Debt / equity | 2.40 |
| Long-term debt ratio | 1.71 |
| Interest coverage | 2.08 |
| Gross margin | - |
| Net margin | - |
| ROA | 2.3% |
| ROE | 7.7% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (22 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €1.19M |
| Fixed assets | 21/28 | €909k |
| Intangible fixed assets | 21 | €909k |
| Current assets | 29/58 | €285k |
| Amounts receivable within one year | 40/41 | €12k |
| Cash & bank | 54/58 | €257k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.19M |
| Equity | 10/15 | €351k |
| Contributions / capital | 10/11 | €300k |
| Reserves | 13 | €3k |
| Accumulated profits (losses) | 14 | €48k |
| Amounts payable | 17/49 | €843k |
| Amounts payable after one year | 17 | €600k |
| Amounts payable within one year | 42/48 | €109k |
| Trade debts payable within one year | 44 | €38k |
| Income statement | ||
| Gross operating margin | 9900 | €170k |
| Operating result | 9901 | €119k |
| Financial charges | 65 | €82k |
| Result before taxes | 9903 | €37k |
| Income taxes | 67/77 | €10k |
| Net result for the period | 9904 | €27k |
| Result to be appropriated | 9905 | €27k |
-
Current01-04-2024 → present
Former directors (1)
-
PG Consulting BVLegal entityDirector· perm. rep.: Alfons ServaisState Gazette act 24105755 (12-07-2024)Former- → 01-04-2024
| NACE primary | Productie en distributie van stoom en gekoelde lucht(35300) |
| Legal form | Public limited company(014) |
| Incorporation | 29-04-2022 |
| Status | Active |
| Postal code | 1030 |
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. |
|---|---|---|---|---|
| 21908E0016/00M013 | Brussels | 1,103 m² | 1 · 978 m² | 20.3 m · 6 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
12-07-2024 1 director appointed, 1 resigning, 1 reappointed
- Rik Neckebroeck, Bestuurder
- Alfons Servais, Bestuurder
- Brecht Deketele, Commissaris
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}| Legal nameNL | Geothermal Innovation & Services |
| AbbreviationNL | GEISER |