Georis Construct
ActiveGeoris Construct has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €188k and a net result of €2k. Equity is shrinking by ~9.1% per year across the filed fiscal years. Its solvency ranks better than 77% of 501 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
77
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability70▲+66
Solvency97▲+4
Growth32=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity ample (current ratio 1.81 against 1.93 in 2023; short-term debt: 27.6% and cash: 6.3% of total assets), and 27.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 23
Relative position
BE, all sectors
reference
Sector 23
lower
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-08-2025, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
27 d late
2023
76 d late
2022
60 d late
2021
87 d late
2020
31 d late
2019
12 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€188k▲ 1.0%
2023 · €186k
2018: €302k
2019: €303k
2020: €307k
2021: €224k
2022: €219k
2023: €186k
2018 → 2024
Total assets
€259k▼ 5.8%
2023 · €275k
2018: €475k
2019: €456k
2020: €442k
2021: €401k
2022: €348k
2023: €275k
2018 → 2024
Net result
€2k
2023 · €-33k
2018: €4k
2019: €226
2020: €4k
2021: €-8k
2022: €-5k
2023: €-33k
2018 → 2024
Working capital
€58k▼ 8.0%
2023 · €63k
2018: €148k
2019: €165k
2020: €190k
2021: €106k
2022: €99k
2023: €63k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€307k-€224k▼ 27.0%€219k▼ 2.2%€186k▼ 15.2%€188k▲ 1.0%
Operating result€14k-€-18k€-2k▲ 91.4%€-30k▼ 1,882%€5k
Net result€4k-€-8k€-5k▲ 35.7%€-33k▼ 567%€2k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €5k after a loss of €30k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €259k
Fixed assets
€130k▼ 10.2%
Current assets
€129k▼ 1.0%
Equity and liabilities €259k
Equity
€188k▲ 1.0%
Debt
€72k▼ 20.0%
The debt ratio falls from 32.5% to 27.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€19k▲
2023 · €-9k
Cash flow
€17k▲
2023 · €-12k
Solvency
72.4%▲
2023 · 67.5%
Current ratio
1.81▼
2023 · 1.93
Quick ratio
1.54▼
2023 · 1.75
Debt / equity
0.38▼
2023 · 0.48
ROE
1.0%▲
2023 · -17.9%
ROA
0.7%▲
2023 · -12.1%
Interest coverage
8.21▲
2023 · -2.84
Debt
€72k▼
2023 · €89k
Debt ≤ 1 year
€72k▲
2023 · €68k
Income taxes
€684▲
2023 · €662
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€275k€259k▼
Fixed assets21/28€145k€130k▼
Tangible fixed assets22/27€145k€130k▼
Land and buildings22€138k€126k▼
Plant, machinery and equipment23€6k€4k▼
Current assets29/58€131k€129k▼
Stocks and contracts in progress3€12k€19k▲
Stocks30/36€12k€11k▼
Contracts in progress37-€8k
Amounts receivable within one year40/41€84k€89k▲
Trade receivables40€62k€66k▲
Other amounts receivable41€22k€23k▲
Cash at bank and in hand54/58€27k€16k▼
Deferred charges and accrued income490/1€8k€5k▼
Equity and liabilities
Total equity and liabilities10/49€275k€259k▼
Equity10/15€186k€188k▲
Contributions10/11€146k€146k=
Reserves13€86k€86k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€20k€20k=
Distributable reserves133€63k€63k=
Profit (loss) carried forward14€-46k€-44k▲
Amounts payable17/49€89k€72k▼
Amounts payable after more than one year17€22k-
Financial debts170/4€22k-
Amounts payable within one year42/48€68k€72k▲
Current portion of amounts payable after more than one year42€21k€22k▲
Financial debts43-€8k
Credit institutions430/8-€8k
Trade debts44€10k€3k▼
Suppliers440/4€10k€3k▼
Taxes, remuneration and social security45€1k€6k▲
Taxes450/3€1k€1k▲
Remuneration and social security454/9-€4k
Other amounts payable47/48€36k€33k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€15k▼
Other operating charges640/8€7k€7k▼
Gross operating margin9900€-2k€26k▲
Operating profit (loss)9901€-30k€5k▲
Financial income75/76B€309€187▼
Recurring financial income75€309€187▼
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€-33k€2k▲
Income taxes67/77€662€684▲
Profit (loss) for the period9904€-33k€2k▲
Profit (loss) for the period to be appropriated9905€-33k€2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-46k€-44k▲
Profit (loss) brought forward from the previous period14P€-13k€-46k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
31-12
Financial
Back to profitnet €2k
Net result €2k after 3 loss-making years.
15-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 76 days late
2023
31-12
Financial
Weakest financial yearnet €-33k
Net result drops to €-33k, the lowest in the series; recovery starts the following year.
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
26-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 87 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Highest result since 2018net €4k ▲1867%
Operating result €14k, net result €4k, both a record.
12-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 12 days late
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
11-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 164 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
2016
29-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 60 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Landen · 1 establishment unit since 1991
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.
Roosberg 73400 LandenGround area
6,741 m²
Building footprint
3,469 m²
Volume, LiDAR
30,361 m³
Parcel 24089A0113/00F000, Flanders · tallest building 10.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Roosberg 3045, 3400 Landen
since 19912.052.874.148
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24089A0113/00F000 | Flanders | 6,741 m² | 1 · 3,469 m² | 10.3 m · 3 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.
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Of 67 companies in sector 23110 we hold annual accounts for 39. 26 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-05-1991
Fiscal year end31-12
Legal name NL
GLASBEDRIJF GEORIS
Activities, NACEBEL
23110Manufacture of other non-metallic mineral products
43211General electrical installation work
43343Specialised construction activities
43990Other specialised construction activities
43999Specialised construction activities
45250
45310
Sources
Crossroads Bank for EnterprisesNational Bank · 33 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 entryPhone:011/883750