Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 47 % of short-term debt in 2022; threshold 65 %.
-
Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2022
Geodetics Construction Maintenance from Gent, company number BE0447712507, closed financial year 2022 with a result of € 60,742 after tax. For that financial year Geodetics Construction Maintenance recorded revenue of € 7.5 million and equity of € 968,844. Compared with financial year 2021, the result moved from € 77,647 to € 60,742. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2023.
€ 968,844
▲ 7% vs 2021
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 60,742
▼ 22% vs 2021
Profit after tax over the fiscal year.
€ 138,674
▲ € 117,680 vs 2021
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2022. Retained profit grew to € 833,720.
People and assets in 2022
33.4
▼ 2.1 vs 2021
Average over the fiscal year, from the social balance sheet.
€ 2.3 million
▲ 4% vs 2021
€ 68,000 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 88,885
▲ 55% vs 2021
Book value of vehicles, furniture and equipment.
Debts at end 2022
€ 2.8 million
▲ 6% vs 2021
€ 255,081 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 1.3 million
▼ 32% vs 2021
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 99 days on average.
€ 550,711
▼ 21% vs 2021
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | Change 2021 → 2022 | |
|---|---|---|---|
| Revenue | € 6,863,095 | € 7,501,211 | ▲ 9% |
| Profit after taxes | € 77,647 | € 60,742 | ▼ 22% |
| Equity | € 908,102 | € 968,844 | ▲ 7% |
| Total debts | € 5,499,746 | € 4,760,908 | ▼ 13% |
| Cash | € 20,994 | € 138,674 | ▲ € 117,680 |
| Land & buildings | € 45,458 | € 34,936 | ▼ 23% |
| Retained profit | € 772,979 | € 833,720 | ▲ 8% |
| Bank debt | € 2,680,926 | € 2,846,269 | ▲ 6% |
| Balance sheet total | € 6,407,849 | € 5,729,752 | ▼ 11% |
| Employees (FTE) | 35.5 | 33.4 | ▼ 2.1 |
Key figures of Geodetics Construction Maintenance, fiscal years 2021 to 2022, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2023 has not been filed yet; it was expected before 31 July 2024.
What happened to Geodetics Construction Maintenance?
What happened at Geodetics Construction Maintenance in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
Geodetics Construction Maintenance is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2022: profit of € 60,742 (▼ 22% vs 2021). filed late Source: NBB ↗
- GEERT DE VOS stepped down as director. NBB
- GEERT DE VOS became a director. NBB
- DE VOS INVESTMENT GROUP BV became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 77,647 profit in 2021 to € 60,742 profit in 2022.
Paid € 17,287 in corporate taxes since 2021.
Best year ever: 2021, with € 77,647 profit.
Pays suppliers within 99 days on average.
Management
The stake of DE VOS INVESTMENT GROUP comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Geodetics Construction MaintenanceBehind Geodetics Construction Maintenance are DE VOS INVESTMENT GROUP BV and DIDIER FONCK. The shares are held by DE VOS INVESTMENT GROUP (87.5%). It owns 99% of GREEN EARTH ENERGY itself.
Directors
According to the 2022 annual accounts
Managing director · represented by GEERT DE VOS
Also active at: DE VOS INVESTMENT REAL ESTATE, Green Earth Energy afgekort G.E.E., Geodetics Construction Maintenance Rental
since 2012
GEERT DE VOS
Director
Also active at: DE VOS INVESTMENT REAL ESTATE, DE VOS INVESTMENT GROUP, Green Earth Energy afgekort G.E.E., Geodetics Construction Maintenance Rental
since 2017 · until 2023
Shareholders
87.5%
Participations
Establishments
Establishment units
Physical locations of this company
Sagastraat 1
9042 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0447.712.507
- VAT number
- BE 0447.712.507
- Registered office
- Sagastraat 1, 9042 Gent
- Names & denominations
- Geodetics Construction Maintenance · G.C.M.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Opening faillissement
- Start date
- 30 June 1992
- Peppol
- Not registered
- Activities · NACE
Vervaardiging van metalen constructiewerken en delen daarvan
Vervaardiging van metalen constructiewerken en onderdelen daarvan
Overige technische testen en toetsen
Technische testen en analyses