Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Figures corrected NBB
Corrected annual account filed for 2023.
Financials
Financial year 2025
GEOLAB from Nazareth-De Pinte, company number BE0414460412, closed financial year 2025 with a result of € 332,694 after tax. For that financial year GEOLAB recorded revenue of € 2.2 million and equity of € 716,718. Compared with financial year 2024, the result moved from € 282,418 to € 332,694. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 28, 2026.
€ 716,718
▲ 18% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 332,694
▲ 18% vs 2024
Profit after tax over the fiscal year.
€ 73,595
▼ 62% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 225,000 paid out
68 % of the profit went to the shareholders, mostly to LABO DEVLIEGER-VAN VOOREN (100 % of the shares). That is where the money ends up.
People and assets in 2025
6.6
▲ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 451,873
▲ 5% vs 2024
€ 68,500 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.
€ 122,826
▼ 33% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 324,025
▼ 35% vs 2024
€ 145,208 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 62,101
▼ 42% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 19 days on average.
€ 134,024
▲ € 112,092 vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 1,821,123 | € 1,764,154 | € 2,157,864 | € 2,218,597 | ▲ 3% |
| Profit after taxes | € 209,024 | € 285,819 | € 282,418 | € 332,694 | ▲ 18% |
| Equity | € 490,787 | € 551,606 | € 609,024 | € 716,718 | ▲ 18% |
| Total debts | € 534,905 | € 1,102,167 | € 632,046 | € 521,642 | ▼ 17% |
| Cash | € 209,803 | € 353,345 | € 195,736 | € 73,595 | ▼ 62% |
| Retained profit | € 429,287 | € 490,106 | € 547,524 | € 655,218 | ▲ 20% |
| Dividend | € 225,000 | € 225,000 | € 225,000 | € 225,000 | |
| Bank debt | € 366,942 | € 494,599 | € 501,286 | € 324,025 | ▼ 35% |
| Balance sheet total | € 1,025,692 | € 1,671,794 | € 1,257,094 | € 1,252,339 | |
| Employees (FTE) | 7.8 | 7.6 | 6.3 | 6.6 | ▲ 0.3 |
Key figures of GEOLAB, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to GEOLAB?
What happened at GEOLAB in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Hubert Vannieuwenborg stepped down as director. NBB
- VNB Consultancy NV stepped down as director. NBB
- LABO DEVLIEGER-VAN VOOREN NV stepped down as director. NBB
- LRJ Van Vooren NV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 332,694 (▲ 18% vs 2024). Source: NBB ↗
- Hubert Vannieuwenborg became a director. NBB
- LABO DEVLIEGER-VAN VOOREN NV became a director. NBB
- VNB Consultancy NV became a director. NBB
In short
From € 209,024 profit in 2022 to € 332,694 profit in 2025.
Paid € 347,710 in corporate taxes since 2022.
Best year ever: 2025, with € 332,694 profit.
Paid out € 900,000 in dividends to the owners in total.
Management
The stake of LABO DEVLIEGER-VAN VOOREN comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
GEOLABThe shares are held by LABO DEVLIEGER-VAN VOOREN (100%). It owns 50% of TM Labo Devlieger NV - Geolab NV itself.
Directors
According to the 2025 annual accounts
Hubert Vannieuwenborg
Managing director
since 2020 · until 2029
Director · represented by Vannieuwenborg Pieter
since 2019 · until 2029
Managing director · represented by Wauters Stefaan
since 2020 · until 2029
Director · represented by Kristof Van Vooren
Also active at: European Remediation Technologies - McMillan McGee, GROUP VAN VOOREN INVEST, PABLO INVEST, BCD SERVICES, DIVOLI DATA PROCESSING BELGIUM, TERRA ENGINEERING & CONSULTANCY, LABO DEVLIEGER-VAN VOOREN, AGROLAB WEST BELGIUM
since 2019 · until 2029
Shareholders
Participations
Establishments
Establishment units
Physical locations of this company
Plaanstraat 1
9810 Nazareth-De Pinte
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
AMAZON-02 - Amazon.com, Inc., US
Website info
Features
Security
Network
Details
- Company number
- 0414.460.412
- VAT number
- BE 0414.460.412
- Registered office
- Plaanstraat 1, 9810 Nazareth-De Pinte
- Names & denominations
- GEOLAB
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 17 August 1974
- Peppol
- Active · Active since 26 Nov 2025
- Contact
- geolab.be
- Activities · NACE
Proefboren en boren
Overig speur- en ontwikkelingswerk op natuurwetenschappelijk gebied
Speur- en ontwikkelingswerk op natuurwetenschappelijk gebied
Overig speur- en ontwikkelingswerk op natuurwetenschappelijk gebied