Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 14.6 to 10.5.
Financials
Financial year 2025
GEOTRACER from Oosterzele, company number BE0448296881, closed financial year 2025 with a result of € 769,640 after tax. For that financial year GEOTRACER recorded a gross margin of € 1.7 million and equity of € 2.4 million. Compared with financial year 2024, the result moved from € 668,745 to € 769,640. 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 November 4, 2025.
€ 2.4 million
▲ 37% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 769,640
▲ 15% vs 2024
Profit after tax over the fiscal year.
€ 980,655
▲ 66% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 120,000 paid out
16 % of the profit went to the shareholders, mostly to GEOTRACER GROUP (100 % of the shares). That is where the money ends up.
People and assets in 2025
10.5
▼ 1.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 715,977
▼ 13% vs 2024
€ 68,200 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.
€ 11,394
▼ 23% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 50,715
▲ 25% vs 2024
Loans from banks and other lenders, long and short.
€ 173,553
▲ 7% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 333,271
▲ 31% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,802,381 | € 1,802,504 | € 1,680,499 | € 1,703,523 | ▲ 1% |
| Profit after taxes | € 676,790 | € 564,805 | € 668,745 | € 769,640 | ▲ 15% |
| Equity | € 1,521,887 | € 1,216,692 | € 1,765,437 | € 2,415,077 | ▲ 37% |
| Total debts | € 1,511,629 | € 2,312,132 | € 988,544 | € 1,077,809 | ▲ 9% |
| Cash | € 1,235,740 | € 1,713,006 | € 589,526 | € 980,655 | ▲ 66% |
| Retained profit | € 1,413,295 | € 1,108,100 | € 1,656,845 | € 2,306,485 | ▲ 39% |
| Dividend | € 120,000 | € 870,000 | € 120,000 | € 120,000 | |
| Bank debt | € 40,095 | € 40,107 | € 40,605 | € 50,715 | ▲ 25% |
| Balance sheet total | € 3,068,797 | € 3,557,625 | € 2,779,181 | € 3,514,936 | ▲ 26% |
| Employees (FTE) | 14.3 | 14.6 | 11.7 | 10.5 | ▼ 1.2 |
Key figures of GEOTRACER, 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 October 2026.
What happened to GEOTRACER?
What happened at GEOTRACER in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 769,640 (▲ 15% vs 2024). filed late Source: NBB ↗
- Geotracer Group BV became a director. NBB
- New establishment in Oosterzele. KBO
- Start of the company according to the CBE. KBO
In short
From € 676,790 profit in 2022 to € 769,640 profit in 2025.
Paid € 780,336 in corporate taxes since 2022.
Best year ever: 2025, with € 769,640 profit.
On average € 162,200 of value added per employee in 2025.
Management
The stake of GEOTRACER GROUP comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
GEOTRACERBehind GEOTRACER is Geotracer Group BV. The shares are held by GEOTRACER GROUP (100%).
Directors
According to the 2025 annual accounts
Director · represented by Vanderhaegen TONY
since 2019
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Lange Ambachtstraat 16 box A
9860 Oosterzele
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Details
- Company number
- 0448.296.881
- VAT number
- BE 0448.296.881
- Registered office
- Lange Ambachtstraat 16 bus A, 9860 Oosterzele
- Names & denominations
- GEOTRACER
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 September 1992
- Peppol
- Active · Active since 21 Oct 2026
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