GEURS
ActiveGEURS has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €83k and a net result of €-97k. Equity is shrinking by ~12.5% per year across the filed fiscal years. Its solvency ranks better than 39% of 2149 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-100
Solvency47▼-9
Growth32▼-26
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days only on tighter terms
Liquidity tight (current ratio 1.18 against 1.31 in 2024), and 72% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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 41
Relative position
BE, all sectors
reference
Sector 41
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 2025Solvency, return and age of the figures
Solvency
28%
Return on assets
-32.6%
Age of the figures
8 mo
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
6 d early
2023
7 d early
2022
23 d early
2021
29 d early
2020
66 d early
2019
53 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€83k▼ 53.8%
2024 · €180k
2018: €373k
2019: €392k
2020: €403k
2021: €263k
2022: €288k
2023: €336k
2024: €180k
2018 → 2025
Total assets
€297k▼ 48.9%
2024 · €580k
2018: €514k
2019: €519k
2020: €515k
2021: €380k
2022: €342k
2023: €413k
2024: €580k
2018 → 2025
Net result
€-97k
2024 · €47k
2018: €9k
2019: €20k
2020: €10k
2021: €-80k
2022: €26k
2023: €48k
2024: €47k
2018 → 2025
Working capital
€36k▼ 69.9%
2024 · €119k
2018: €295k
2019: €340k
2020: €349k
2021: €187k
2022: €236k
2023: €277k
2024: €119k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€263k-€288k▲ 9.7%€336k▲ 16.7%€180k▼ 46.6%€83k▼ 53.8%
Operating result€-77k-€27k€55k▲ 103%€68k▲ 24.6%€-94k
Net result€-80k-€26k€48k▲ 88.3%€47k▼ 1.5%€-97k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €94k after €68k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €297k
Fixed assets
€56k▼ 31.7%
Current assets
€241k▼ 51.7%
Equity and liabilities €297k
Equity
€83k▼ 53.8%
Debt
€214k▼ 46.7%
The debt ratio rises from 69.0% to 72.0%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€-58k▼
2024 · €107k
Cash flow
€-61k▼
2024 · €86k
Solvency
28.0%▼
2024 · 31.0%
Current ratio
1.18▼
2024 · 1.31
Quick ratio
0.62▼
2024 · 0.91
Debt / equity
2.58▲
2024 · 2.23
ROE
-116.6%▼
2024 · 26.4%
ROA
-32.6%▼
2024 · 8.2%
Interest coverage
-29.09▼
2024 · 41.74
Debt
€214k▼
2024 · €401k
Debt ≤ 1 year
€205k▼
2024 · €379k
Debt > 1 year
€4k▼
2024 · €22k
Income taxes
€399▼
2024 · €19k
Staff costs
€297k▼
2024 · €358k
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€580k€297k▼
Fixed assets21/28€82k€56k▼
Tangible fixed assets22/27€82k€56k▼
Land and buildings22€6k€6k=
Plant, machinery and equipment23€55k€38k▼
Furniture and vehicles24€21k€12k▼
Current assets29/58€498k€241k▼
Stocks and contracts in progress3€154k€114k▼
Stocks30/36€21k€16k▼
Contracts in progress37€134k€98k▼
Amounts receivable within one year40/41€78k€46k▼
Trade receivables40€74k€29k▼
Other amounts receivable41€5k€17k▲
Cash at bank and in hand54/58€263k€76k▼
Deferred charges and accrued income490/1€3k€5k▲
Equity and liabilities
Total equity and liabilities10/49€580k€297k▼
Equity10/15€180k€83k▼
Contributions10/11€19k€19k=
Reserves13€161k€161k=
Tax-exempt reserves132€19k€19k=
Distributable reserves133€142k€142k=
Profit (loss) carried forward14-€-97k
Amounts payable17/49€401k€214k▼
Amounts payable after more than one year17€22k€4k▼
Financial debts170/4€22k€4k▼
Amounts payable within one year42/48€379k€205k▼
Current portion of amounts payable after more than one year42€17k€17k▲
Trade debts44€133k€45k▼
Suppliers440/4€133k€45k▼
Taxes, remuneration and social security45€34k€9k▼
Taxes450/3€15k€9k▼
Remuneration and social security454/9€19k-
Other amounts payable47/48€195k€133k▼
Accrued charges and deferred income492/3€153€5k▲
Income statement
Code20242025
Remuneration, social security and pensions62€358k€297k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€39k€36k▼
Other operating charges640/8€8k€5k▼
Gross operating margin9900€473k€244k▼
Operating profit (loss)9901€68k€-94k▼
Financial income75/76B€385€38▼
Recurring financial income75€385€38▼
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€66k€-96k▼
Income taxes67/77€19k€399▼
Profit (loss) for the period9904€47k€-97k▼
Profit (loss) for the period to be appropriated9905€47k€-97k▼
Appropriation of the result
Profit (loss) to be appropriated9906€47k€-97k▼
Transfer from equity791/2€37k-
Transfer to equity691/2€46k-
To other reserves6921€46k-
Profit to be distributed694/7€39k-
Return on contributions (dividend)694€39k-
Social balance
Average headcount (FTE)90877.05.4▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €-97k ▼304%
Net result drops to €-97k, the lowest in the series.
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €48k ▲88.3%
Net result €48k, the highest in the series.
08-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €26k
Net result €26k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 5.93
Current ratio from 2.90 to 5.93; short-term debt falls from €99k to €48k.
02-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
26-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
08-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
18-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
22-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
01-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro 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, Gent · 1 establishment unit since 1983
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.
Halewijnstraat 589031 GentGround area
1,267 m²
Building footprint
114 m²
Volume, LiDAR
651 m³
Parcel 44017D0196/00N000, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GEURS
since 19832.022.518.492
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44017D0196/00N000 | Flanders | 1,267 m² | 1 · 114 m² | 9.1 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 · 4 entries · 2,100 EUR awarded · 2,099 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,154 EUR | 1,525 EUR |
| 2024 | 1 | 467 EUR | 95 EUR |
| 2023 | 1 | 184 EUR | 184 EUR |
| 2022 | 1 | 295 EUR | 295 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Recognised contractor
3 categoriesGEURS BV30543
Similar companies · same sector, comparable size
AGV IMMO
BE 0784.730.889
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Im Brühl
BE 0841.725.418
Amel · Eq €83k
T&N Chapewerken
BE 0805.679.228
Beersel · Eq €83k
ALFA BOUWSERVICE
BE 0718.729.814
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Vanderlinden Bouw
BE 0750.754.462
Maldegem · Eq €83k
Of 29,535 companies in sector 41001 we hold annual accounts for 15,872. 13,040 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-05-1983
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
45211
45212
43331Floor and wall tiling
Sources
Crossroads Bank for EnterprisesNational Bank · 43 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.