Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
IGEO M.S. from Courcelles, company number BE0473313379, closed financial year 2025 with a result of € -2,383 after tax. For that financial year IGEO M.S. recorded a gross margin of € 3,319 and equity of € 35,759. Compared with financial year 2024, the result moved from € -3,771 to € -2,383. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on April 29, 2026.
€ 35,759
▼ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2,383
▲ 37 % less loss than in 2024
Profit after tax over the fiscal year.
€ 4,758
▲ 65% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 23,359.
People and assets in 2025
€ 4,087
▲ 233% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 15,792
▲ € 13,074 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 5,150
▲ 29% 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 | € 27,991 | € -480 | € 3,647 | € 3,319 | ▼ 9% |
| Profit after taxes | € 16,299 | € -4,417 | € -3,771 | € -2,383 | ▲ € 1,388 |
| Equity | € 47,998 | € 43,581 | € 38,977 | € 35,759 | ▼ 8% |
| Total debts | € 61,624 | € 4,086 | € 8,274 | € 21,775 | ▲ 163% |
| Cash | € 71,960 | € 880 | € 2,876 | € 4,758 | ▲ 65% |
| Land & buildings | € 3,379 | € 2,823 | € 2,266 | € 1,709 | ▼ 25% |
| Retained profit | € 35,598 | € 31,181 | € 26,577 | € 23,359 | ▼ 12% |
| Dividend | € 0 | € 0 | € 833 | € 833 | |
| Bank debt | € 1,022 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 109,622 | € 47,667 | € 47,251 | € 57,534 | ▲ 22% |
Key figures of IGEO M.S., fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to IGEO M.S.?
What happened at IGEO M.S. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 2,383. Source: NBB ↗
- New establishment in Courcelles. KBO
- Start of the company according to the CBE. KBO
In short
From € 16,299 profit in 2022 to € 2,383 loss in 2025.
Paid € 11,620 in corporate taxes since 2022.
Best year ever: 2022, with € 16,299 profit.
Paid out € 1,666 in dividends to the owners in total.
Establishments
Establishment units
Physical locations of this company
Rue de la Ferme(CO) 41A
6180 Courcelles
Rue de la Ferme(CO) 41 box A
6180 Courcelles
Active since 6 December 2000
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0473.313.379
- VAT number
- BE 0473.313.379
- Registered office
- Rue de la Ferme(CO) 41A, 6180 Courcelles
- Names & denominations
- IGEO M.S.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 November 2000
- Peppol
- Active · Active since 11 Dec 2025
- Activities · NACE
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