HENRI GEUZINGE MANAGEMENT

Active

Private limited companyfounded 201313 yrs activeSionkloosterlaan 36, 2930 Brasschaat, BelgiumKBO/BCE: BE 0525.832.248

HENRI GEUZINGE MANAGEMENT has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €891k and a net result of €186k. Its solvency ranks better than 37% of 1400 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

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Checked score

Score 2024

78 / 100

Excellent▼ -15 vs 2023

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability100=

Solvency56▼-39

Growth52

Stability100

Bankruptcy probability, 12 months

0.2% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €70k at 30 days acceptable

Liquidity tight (current ratio 1.41 against 1.98 in 2023), and 70% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

5 signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 70

Relative position

BE, all sectors

reference

Sector 70

lower

← fewer bankruptcies more bankruptcies →

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

30%

Return on assets

6.3%

Age of the figures

20 mo

Filed more than 90 days late

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-12-2025, 146 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.

NBB · 10 filings

Deviation from the deadline

2025

not confirmed

2024

146 d late

2023

267 d late

2022

122 d late

2021

121 d late

2020

122 d late

2019

21 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, abbreviated schema

Equity

€891k▲ 26.5%

2023 · €704k

2023: €704k

2023 → 2024

Total assets

€2.96M▲ 113%

2023 · €1.39M

2023: €1.39M

2023 → 2024

Net result

€186k▼ 4.6%

2023 · €196k

2023: €196k

2023 → 2024

Working capital

€852k▲ 27.1%

2023 · €671k

2023: €671k

2023 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20232024Trend

Equity€704k-€891k▲ 26.5%

Operating result€323k-€266k▼ 17.6%

Net result€196k-€186k▼ 4.6%

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result falls in 2024; 2024 is 18% below 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €2.96M

98.7%

Fixed assets €38k▲ 14.3%

Current assets €2.93M▲ 116%

Equity and liabilities €2.96M

30.0%

70.0%

Equity €891k▲ 26.5%

Debt €2.07M▲ 202%

The debt ratio rises from 49.3% to 70.0%: debt grows faster than equity.

Key figures and ratios

2024 value · change against 2023

EBITDA

€280k▼

2023 · €365k

Cash flow

€201k▼

2023 · €239k

Solvency

30.0%▼

2023 · 50.7%

Current ratio

1.41▼

2023 · 1.98

Quick ratio

1.41▼

2023 · 1.98

Debt / equity

2.33▲

2023 · 0.97

ROE

20.9%▼

2023 · 27.8%

ROA

6.3%▼

2023 · 14.1%

Interest coverage

22.32▲

2023 · 20.87

Debt

€2.07M▲

2023 · €686k

Debt ≤ 1 year

€2.07M▲

2023 · €686k

Income taxes

€84k▼

2023 · €111k

Staff costs

€399k▲

2023 · €398k

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

Total assets 20/58€1.39M€2.96M▲

Fixed assets 21/28€34k€38k▲

Tangible fixed assets 22/27€19k€24k▲

Financial fixed assets 28€14k€14k=

Current assets 29/58€1.36M€2.93M▲

Amounts receivable within one year 40/41€1.33M€2.83M▲

Cash & bank 54/58€21k€93k▲

Total equity & liabilities 10/49€1.39M€2.96M▲

Equity 10/15€704k€891k▲

Contributions / capital 10/11€12k€12k=

Reserves 13€692k€878k▲

Amounts payable 17/49€686k€2.07M▲

Amounts payable within one year 42/48€686k€2.07M▲

Trade debts payable within one year 44€6k€113k▲

Income statement Code20232024

Gross operating margin 9900€764k€682k▼

Operating result 9901€323k€266k▼

Financial income 75€514€15k▲

Financial charges 65€18k€13k▼

Result before taxes 9903€306k€271k▼

Income taxes 67/77€111k€84k▼

Net result for the period 9904€196k€186k▼

Result to be appropriated 9905€196k€186k▼

Timeline · acts, filings and financial milestones

All 11Gazette 1Filings 10

2025

24-12

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema · 146 days late

24-04

NBB filing Annual accounts filed

fiscal year 2023 · abbreviated schema · 267 days late

2024

27-12

State Gazette act Director changes

Carla Janssens · correction

2023

30-11

NBB filing Annual accounts filed

fiscal year 2022 · abbreviated schema · 122 days late

2022

29-11

NBB filing Annual accounts filed

fiscal year 2021 · abbreviated schema · 121 days late

2021

30-11

NBB filing Annual accounts filed

fiscal year 2020 · abbreviated schema · 122 days late

2020

21-08

NBB filing Annual accounts filed

fiscal year 2019 · abbreviated schema · 21 days late

2019

30-08

NBB filing Annual accounts filed

fiscal year 2018 · abbreviated schema · 30 days late

2018

30-08

NBB filing Annual accounts filed

fiscal year 2017 · abbreviated schema · 30 days late

2017

31-08

NBB filing Annual accounts filed

fiscal year 2016 · abbreviated schema · 31 days late

2016

29-08

NBB filing Annual accounts filed

fiscal year 2015 · abbreviated schema · 29 days late

State Gazette actNBB filing

1 of 5 acts read

About the unread acts

Of the 5 Belgian State Gazette acts we know for this company, 1 has been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors

under verification, last change in 2024

All 3 current directors first appear in the same act (24455711). Founders or capital subscribers may have been counted as directors here.

GEUZINGE Aurelie

Director · since 27-12-2024

Current

GEUZINGE Henri Gerard

Director · since 27-12-2024

Current

GEUZINGE Stephanie

Director · since 27-12-2024

Current

27-12-2024 GEUZINGE Aurelie: Appointed as Director

27-12-2024 GEUZINGE Henri Gerard: Appointed as Director

27-12-2024 GEUZINGE Stephanie: Appointed as Director

Not every act has been read: a resignation may be missing here

4 of this company's 5 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.

Location & real-estate footprint

Registered office, Brasschaat · 1 establishment unit since 2013

exact location from the address register On OpenStreetMap

Ground area

2,334 m²

Building footprint

620 m²

Volume, LiDAR

4,096 m³

2 parcels, Flanders · tallest building 13.1 m, ±3 floors. Linked by address, not a title deed.

1 establishment unit

HGM bvba