Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 16 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
GEELEN IVO from Oudsbergen, company number BE0448763075, closed financial year 2024 with a result of € 4,943 after tax. For that financial year GEELEN IVO recorded a gross margin of € 18,337 and equity of € 7,628. Compared with financial year 2023, the result moved from € 1,977 to € 4,943. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 27, 2025.
€ 7,628
▲ 184% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4,943
▲ 150% vs 2023
Profit after tax over the fiscal year.
€ 13
▼ 32% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € -10,964.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 31,140
▼ 16% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 24,337
▼ 35% vs 2023
Loans from banks and other lenders, long and short.
€ 6,257
▼ 10% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 508
▲ 78% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € -5,387 | € 6,341 | € 8,567 | € 18,337 | ▲ 114% |
| Profit after taxes | € -10,555 | € 74 | € 1,977 | € 4,943 | ▲ 150% |
| Equity | € 634 | € 708 | € 2,685 | € 7,628 | ▲ 184% |
| Total debts | € 67,958 | € 50,867 | € 49,617 | € 34,657 | ▼ 30% |
| Cash | € 19 | € 19 | € 19 | € 13 | ▼ 32% |
| Retained profit | € -17,958 | € -17,884 | € -15,907 | € -10,964 | ▲ € 4,943 |
| Bank debt | € 50,046 | € 38,202 | € 37,576 | € 24,337 | ▼ 35% |
| Balance sheet total | € 68,592 | € 51,575 | € 52,302 | € 42,285 | ▼ 19% |
Key figures of GEELEN IVO, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to GEELEN IVO?
What happened at GEELEN IVO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 4,943 (▲ 150% vs 2023). filed late Source: NBB ↗
- New establishment in Oudsbergen. KBO
- Start of the company according to the CBE. KBO
In short
From € 10,555 loss in 2021 to € 4,943 profit in 2024.
Paid € 580 in corporate taxes since 2021.
Best year ever: 2024, with € 4,943 profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2024 annual accounts
Ivo Geelen
Director
Establishments
Establishment units
Physical locations of this company
Weg naar Opitter 59
3670 Oudsbergen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0448.763.075
- VAT number
- BE 0448.763.075
- Registered office
- Weg naar Opitter 59, 3670 Oudsbergen
- Names & denominations
- GEELEN IVO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 November 1992
- Peppol
- Active · Active since 29 Dec 2025
- Activities · NACE
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