OPENING OF BANKRUPTCY

Geodetics Construction Maintenance

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Financial year 2022 · closed on 31/12/2022

Net result

60,7 k €

-21.8% YoY

Revenue

7,5 M €

+9.3% YoY

Equity

968,8 k €

+6.7% YoY

Workforce

33,4 ETP

-5.9% YoY

Company — Opening of bankruptcy.

What does Geodetics Construction Maintenance do?

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

Activities (NACE)

25110Manufacture of metal structures and parts of structures· main 25110Manufacture of metal structures and parts of structures 28110Manufacture of engines and turbines, except aircraft, vehicle and cycle engines 71209Technical testing and analysis 71209Technical testing and analysis 74302Translation and interpretation activities

Joint committees (2)

Signals

ProfitablePositive cashflowPositive EBITDAHigh revenue

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 15 financial years

	2022		2021		2020		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Revenue	7,5 M €	+9.3%	6,9 M €	-30.1%	9,8 M €	-14.3%	11,5 M €	-10.3%	12,8 M €	+14.8%	11,1 M €	-18.7%	13,7 M €	+21.7%	11,2 M €	+19.0%	9,4 M €	+2.6%	9,2 M €	-18.5%	11,3 M €	+44.0%	7,8 M €	+5.3%	7,4 M €	-1.7%	7,6 M €		–
EBITDA	411,6 k €	+51.0%	272,6 k €	-16.0%	324,4 k €	+2063%	15 k €	-98.3%	877 k €	+12.1%	782,7 k €	-58.6%	1,9 M €	+63.3%	1,2 M €	+39.0%	833,8 k €	+6.4%	783,9 k €	-23.6%	1 M €	+5465%	-19,1 k €	-104%	452,1 k €	+151%	179,9 k €	-88.1%	1,5 M €
Operating result	255,9 k €	+74.8%	146,4 k €	-15.3%	172,8 k €	+279%	-96,6 k €	-113%	742,5 k €	+20.9%	614,1 k €	-65.0%	1,8 M €	+70.4%	1 M €	+44.8%	710,3 k €	+8.9%	652,3 k €	-27.2%	896,6 k €	+681%	-154,2 k €	-147%	328,1 k €	+663%	43 k €	-96.8%	1,4 M €
Net result	60,7 k €	-21.8%	77,6 k €	-2.2%	79,4 k €	+151%	-156 k €	-135%	450,6 k €	+24.1%	363 k €	-67.5%	1,1 M €	+79.7%	622,6 k €	+46.0%	426,6 k €	+8.6%	392,7 k €	-29.4%	556,1 k €	+374%	-202,9 k €	-210%	184,9 k €	+586%	-38,1 k €	-105%	798,9 k €
Balance sheet
Equity	968,8 k €	+6.7%	908,1 k €	+9.3%	830,5 k €	-36.1%	1,3 M €	-10.7%	1,5 M €	-12.8%	1,7 M €	-6.9%	1,8 M €	+5.2%	1,7 M €	+1.3%	1,7 M €	-8.6%	1,8 M €	-11.8%	2,1 M €	+36.3%	1,5 M €	-11.7%	1,7 M €	+11.9%	1,6 M €	-2.4%	1,6 M €
Total assets	5,7 M €	-10.6%	6,4 M €	+2.1%	6,3 M €	-9.6%	6,9 M €	-0.3%	7 M €	+35.0%	5,2 M €	-20.4%	6,5 M €	+10.2%	5,9 M €	+8.2%	5,4 M €	+5.8%	5,1 M €	-14.4%	6 M €	+9.0%	5,5 M €	+30.5%	4,2 M €	+4.0%	4,1 M €	-27.6%	5,6 M €
Cash	138,7 k €	+561%	21 k €	-95.2%	433,2 k €	+218%	136,4 k €	-48.1%	262,6 k €	-24.6%	348,3 k €	+65.9%	209,9 k €	-69.3%	683,4 k €	+195%	231,4 k €	+120%	105,1 k €	-67.3%	321,5 k €	+8657%	3,7 k €	-99.5%	721,4 k €	+6720%	10,6 k €	-98.6%	748,3 k €
Debts	4,8 M €	-13.4%	5,5 M €	+1.0%	5,4 M €	-3.5%	5,6 M €	+2.8%	5,5 M €	+58.8%	3,5 M €	-26.0%	4,7 M €	+12.3%	4,2 M €	+11.4%	3,7 M €	+15.6%	3,2 M €	-17.1%	3,9 M €	-1.7%	4 M €	+59.6%	2,5 M €	-0.7%	2,5 M €	-37.7%	4 M €
Other
Workforce	33,4 ETP	-5.9%	35,5 ETP	-13.0%	40,8 ETP	-18.4%	50,0 ETP	+4.6%	47,8 ETP	-8.3%	52,1 ETP	-10.5%	58,2 ETP	+3.6%	56,2 ETP	+8.1%	52,0 ETP	+12.1%	46,4 ETP	+0.9%	46,0 ETP	+5.5%	43,6 ETP	-2.9%	44,9 ETP	+14.2%	39,3 ETP	-5.1%	41,4 ETP

Governance

Board of directors

Seen on filing of 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

At this address

Other companies at this address

Company	CBE 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

Annual accounts

Full financial information

	2022	2021	2020	2019	2018	2017
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2022	01/01/2021	01/01/2020	01/07/2018	01/07/2017	01/07/2016
Closing of the financial year	31/12/2022	31/12/2021	31/12/2020	31/12/2019	30/06/2018	30/06/2017
Length of the financial year	12 months	12 months	12 months	18 months	12 months	12 months
Filing date	31/08/2023	28/09/2022	25/01/2022	05/11/2020	28/02/2019	26/12/2017
General meeting	09/06/2023	10/06/2022	20/01/2022	31/08/2020	25/12/2018	05/12/2017
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

16 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2022	09/06/2023	31/08/2023	Dutch	PDF
Full model	31/12/2021	10/06/2022	28/09/2022	Dutch	PDF
Full model	31/12/2020	20/01/2022	25/01/2022	Dutch	PDF
Full model	31/12/2019	31/08/2020	05/11/2020	Dutch	PDF
Full model	30/06/2018	25/12/2018	28/02/2019	Dutch	PDF
Full model	30/06/2017	05/12/2017	26/12/2017	Dutch	PDF
Full model	30/06/2016	06/12/2016	20/12/2016	Dutch	PDF
Full model	30/06/2015	22/12/2015	11/01/2016	Dutch	PDF
Full model	30/06/2014	17/12/2014	23/12/2014	Dutch	PDF
Full model	30/06/2013	03/12/2013	18/12/2013	Dutch	PDF
Full model	30/06/2012	18/12/2012	15/02/2013	Dutch	PDF
Full model	30/06/2011	31/01/2012	16/02/2012	Dutch	PDF
Full model	30/06/2010	03/01/2011	04/02/2011	Dutch	PDF
Full model	30/06/2009	01/12/2009	11/02/2010	Dutch	PDF
Full model	30/06/2008	02/12/2008	17/02/2009	Dutch	PDF
Abridged model	30/06/2007	04/12/2007	22/01/2008	Dutch	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 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

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

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

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

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

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Geodetics Construction Maintenance

Overview

What does Geodetics Construction Maintenance do?

Trend over 15 financial years

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline