OPENING OF BANKRUPTCY

Geodetics Construction Maintenance

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Company — Opening of bankruptcy.

Financial year 2022 · Closed on 31/12/2022

Net result60,7 k €-21,8 %over 1 year
Revenue7,5 M €+9,3 %over 1 year
Equity968,8 k €+6,7 %over 1 year
Workforce33,4 ETP-5,9 %over 1 year

Identity

Source · BCE/KBO

Geodetics Construction Maintenance is a Public limited company incorporated in 1992. Its main activity is: Manufacture of metal structures and parts of structures. Its registered office is in Gent. It employs on average 33,4 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0447.712.507
Incorporation
30/06/1992
Legal form
Public limited company
Registered office
Sagastraat 1
9042 Gent · FlandreSee on map
Contributed capital
135 123,92 €
Latest accounts
31/12/2022
Average workforce
33,4 ETP
Joint committees (2)
  • 111
  • 209
Signals
ProfitablePositive cashflowPositive EBITDAHigh revenue

Financials

Source · NBB, 16 filings

Trend over 15 financial years

20222021202020182017
Income statement
Revenue7,5 M €6,9 M €9,8 M €11,5 M €12,8 M €
EBITDA411,6 k €272,6 k €324,4 k €15 k €877 k €
Operating result255,9 k €146,4 k €172,8 k €-96,6 k €742,5 k €
Net result60,7 k €77,6 k €79,4 k €-156 k €450,6 k €
Balance sheet
Equity968,8 k €908,1 k €830,5 k €1,3 M €1,5 M €
Total assets5,7 M €6,4 M €6,3 M €6,9 M €7 M €
Cash138,7 k €21 k €433,2 k €136,4 k €262,6 k €
Debts4,8 M €5,5 M €5,4 M €5,6 M €5,5 M €
Other
Workforce33,4 ETP35,5 ETP40,8 ETP50,0 ETP47,8 ETP

Board of directors

Source · NBB, accounts to 31/12/2022

3 active · 24 ended

Active mandates

GEERT DE VOS

Director · since 05 décembre 2017 · until 09 juin 2023

Active
DE VOS INVESTMENT GROUP

Managing director · since 16 août 2012 · 0847.745.356

Represented by GEERT DE VOS

Active
DIDIER FONCK

Director

Active

Ended mandates

DE VOS INVESTMENT GROUP

Managing director · since 05 décembre 2017 · until 14 juin 2024 · 0847.745.356

Represented by De Vos Geert

Ended
DE VOS INVESTMENT GROUP

Managing director · since 05 décembre 2017 · until 14 juin 2024 · 0847.745.356

Represented by GEERT DE VOS

Ended
DE VOS INVESTMENT GROUP

Managing director · since 05 décembre 2017 · until 05 décembre 2023 · 0847.745.356

Represented by Geert De Vos

Ended
Didier Fonck

Director · since 05 décembre 2017 · until 05 décembre 2023

Ended

Other companies at this address

Sagastraat 1 9042 Gent
CompanyCBE no.
DE VOS INVESTMENT GROUP● Active
0847.745.356
DE VOS INVESTMENT REAL ESTATE● Active
0675.858.881
Geodetics Construction Maintenance Rental● Active
0897.457.658
Green Earth Energy afgekort G.E.E.● Active
0883.002.975

Full financial information

Source · NBB
202220212020201920182017
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202201/01/202101/01/202001/07/201801/07/201701/07/2016
Closing of the financial year31/12/202231/12/202131/12/202031/12/201930/06/201830/06/2017
Length of the financial year12 months12 months12 months18 months12 months12 months
Filing date31/08/202328/09/202225/01/202205/11/202028/02/201926/12/2017
General meeting09/06/202310/06/202220/01/202231/08/202025/12/201805/12/2017
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 16 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202209/06/202331/08/2023DutchPDF
Full model31/12/202110/06/202228/09/2022DutchPDF
Full model31/12/202020/01/202225/01/2022DutchPDF
Full model31/12/201931/08/202005/11/2020DutchPDF
Full model30/06/201825/12/201828/02/2019DutchPDF
Full model30/06/201705/12/201726/12/2017DutchPDF
Full model30/06/201606/12/201620/12/2016DutchPDF
Full model30/06/201522/12/201511/01/2016DutchPDF
Full model30/06/201417/12/201423/12/2014DutchPDF
Full model30/06/201303/12/201318/12/2013DutchPDF
Full model30/06/201218/12/201215/02/2013DutchPDF
Full model30/06/201131/01/201216/02/2012DutchPDF
Full model30/06/201003/01/201104/02/2011DutchPDF
Full model30/06/200901/12/200911/02/2010DutchPDF
Full model30/06/200802/12/200817/02/2009DutchPDF
Abridged model30/06/200704/12/200722/01/2008DutchPDF

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2022

3 active · 24 ended

Active mandates

GEERT DE VOS

Director · since 05 décembre 2017 · until 09 juin 2023

Active
DE VOS INVESTMENT GROUP

Managing director · since 16 août 2012 · 0847.745.356

Represented by GEERT DE VOS

Active
DIDIER FONCK

Director

Active

Ended mandates

DE VOS INVESTMENT GROUP

Managing director · since 05 décembre 2017 · until 14 juin 2024 · 0847.745.356

Represented by De Vos Geert

Ended
DE VOS INVESTMENT GROUP

Managing director · since 05 décembre 2017 · until 14 juin 2024 · 0847.745.356

Represented by GEERT DE VOS

Ended
DE VOS INVESTMENT GROUP

Managing director · since 05 décembre 2017 · until 05 décembre 2023 · 0847.745.356

Represented by Geert De Vos

Ended
Didier Fonck

Director · since 05 décembre 2017 · until 05 décembre 2023

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates07/02/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other26/08/2019
    ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Restructuring07/09/2018
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring12/06/2018
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates16/01/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring15/06/2017
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring30/03/2017
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates28/02/2017
    ONTSLAGEN - BENOEMINGEN
    PDF

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A company's peers, by sector and size, are included in the Business plan.

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Timeline

  1. 2022
    Annual accounts 202260,7 k €↓
  2. 2021
    Annual accounts 202177,6 k €↓
  3. 2021
    Name changeGCM - GEODETICS CONSTRUCTION MAINTENANCE
  4. 2020
    Annual accounts 202079,4 k €↑
  5. 2018
    Annual accounts 2018-156 k €↓
  6. 2017
    Annual accounts 2017450,6 k €↑
  7. 2016
    Annual accounts 2016363 k €↓
  8. 2015
    Annual accounts 20151,1 M €↑
  9. 2014
    Annual accounts 2014622,6 k €↑
  10. 2013
    Annual accounts 2013426,6 k €↑
  11. 2012
    Annual accounts 2012392,7 k €↓
  12. 2011
    Annual accounts 2011556,1 k €↑
  13. 2010
    Annual accounts 2010-202,9 k €↓
  14. 2009
    Annual accounts 2009184,9 k €↑
  15. 2008
    Annual accounts 2008-38,1 k €↓
  16. 2007
    Annual accounts 2007798,9 k €
  17. 2007
    Name changeGeodetics Construction Maintenance
  18. 30/06/1992
    IncorporationPublic limited company