Financials
Financial year 2025
GEOTEL from Elsene, company number BE0439947458, closed financial year 2025 with a result of € 211,485 after tax. For that financial year GEOTEL recorded a gross margin of € 555,217 and equity of € 5.6 million. Compared with financial year 2024, the result moved from € 61,341 to € 211,485. 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 June 4, 2026.
€ 5.6 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 211,485
▲ 245% vs 2024
Profit after tax over the fiscal year.
€ 213,796
▲ € 191,265 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 150,000 paid out
71 % of the profit went to the shareholders, the rest stayed in the company.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 3,734
▼ 46% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 88,992
▲ 60% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 352,959 | € 406,692 | € 382,455 | € 555,217 | ▲ 45% |
| Profit after taxes | € 35,763 | € 69,384 | € 61,341 | € 211,485 | ▲ 245% |
| Equity | € 5,369,472 | € 5,438,856 | € 5,500,197 | € 5,561,682 | ▲ 1% |
| Total debts | € 566,880 | € 329,816 | € 219,131 | € 305,122 | ▲ 39% |
| Cash | € 42,011 | € 49,307 | € 22,532 | € 213,796 | ▲ € 191,265 |
| Land & buildings | € 5,359,055 | € 5,148,101 | € 4,949,390 | € 4,763,028 | ▼ 4% |
| Retained profit | € 4,081,471 | € 4,150,855 | € 4,212,196 | € 4,273,681 | ▲ 1% |
| Dividend | € 0 | € 0 | € 0 | € 150,000 | |
| Bank debt | € 375,000 | € 225,000 | € 75,000 | € 0 | ▼ 100% |
| Balance sheet total | € 6,394,349 | € 6,208,701 | € 6,111,612 | € 6,242,574 | ▲ 2% |
Key figures of GEOTEL, 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 GEOTEL?
What happened at GEOTEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Guy Duchatel stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 211,485 (▲ 245% vs 2024). Source: NBB ↗
- Guy Duchatel became a director. NBB
- New establishment in Sint-Pieters-Leeuw. KBO
- Start of the company according to the CBE. KBO
In short
From € 35,763 profit in 2022 to € 211,485 profit in 2025.
Paid € 247,583 in corporate taxes since 2022.
Best year ever: 2025, with € 211,485 profit.
Paid out € 150,000 in dividends to the owners in total.
Management
It owns 99% of GEOMETRA and 10.2% of TEAM CONSTRUCT itself.
Directors
According to the 2025 annual accounts
since 2024 · until 2030
Establishments
Establishment units
Physical locations of this company
Louizalaan 367
1050 Elsene
Paul Gilsonlaan 49
1601 Sint-Pieters-Leeuw
Active since 29 October 1993
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0439.947.458
- VAT number
- BE 0439.947.458
- Registered office
- Louizalaan 367, 1050 Elsene
- Names & denominations
- GEOTEL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 15 January 1990
- Peppol
- Active · Active since 25 Sept 2025
- Activities · NACE
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