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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Busy address KBO
22 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
GeoSquare Procurement from Edegem, company number BE0720490957, closed financial year 2025 with a result of € 2.1 million after tax. For that financial year GeoSquare Procurement recorded revenue of € 9.6 million and equity of € 3 million. Compared with financial year 2024, the result moved from € 3.6 million to € 2.1 million. The company is profitable. 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 July 17, 2026.
€ 3 million
▼ 47% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2.1 million
▼ 40% vs 2024
Profit after tax over the fiscal year.
€ 2.6 million
▲ € 2.1 million vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 4.8 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
€ 125,000
▼ 40% vs 2024
€ 83,333 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 4.6 million
▼ 23% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 39,336
▲ 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 | |
|---|---|---|---|---|---|
| Revenue | € 9,932,532 | € 10,127,352 | € 10,323,351 | € 9,627,268 | ▼ 7% |
| Gross margin | - | - | € 419,428 | € 304,524 | ▼ 27% |
| Profit after taxes | € 467,652 | € 302,790 | € 3,556,663 | € 2,141,619 | ▼ 40% |
| Equity | € 1,806,304 | € 2,109,094 | € 5,665,757 | € 3,007,376 | ▼ 47% |
| Total debts | € 6,530,149 | € 5,901,618 | € 6,182,788 | € 4,763,044 | ▼ 23% |
| Cash | € 272,561 | € 120,110 | € 456,262 | € 2,558,964 | ▲ € 2.1 million |
| Retained profit | € 1,589,304 | € 1,892,094 | € 5,448,757 | € 2,790,376 | ▼ 49% |
| Dividend | € 0 | € 0 | € 0 | € 4,800,000 | |
| Bank debt | € 375,000 | € 291,667 | € 208,333 | € 125,000 | ▼ 40% |
| Balance sheet total | € 8,336,453 | € 8,010,712 | € 11,848,544 | € 7,770,420 | ▼ 34% |
Key figures of GeoSquare Procurement, 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 GeoSquare Procurement?
What happened at GeoSquare Procurement in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- CoodeR BV stepped down as director. NBB
- Geo Square NV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 2.1 million (▼ 40% vs 2024). Source: NBB ↗
- Elev8 BV stepped down as director. NBB
- CoodeR BV became a director. NBB
- Geo Square NV became a director. NBB
- Elev8 BV became a director. NBB
- New establishment in Edegem. KBO
In short
From € 467,652 profit in 2022 to € 2.1 million profit in 2025.
Paid € 469,507 in corporate taxes since 2022.
Best year ever: 2024, with € 3.6 million profit.
Paid out € 4.8 million in dividends to the owners in total.
Management
The stake of GEO SQUARE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
GeoSquare ProcurementThe shares are held by GEO SQUARE (100%). It owns 90% of Localyse BE itself.
Directors
According to the 2025 annual accounts
Director · represented by Martine De Ruijter
Also active at: Geo Solutions Sud, Solvice, Aptus, Localyse Workplace, GeoSquare Solutions, Suivo, GEO SQUARE, i-Move +1 more
since 2021 · until 2027
Director · represented by Dirk Lambrechts
Also active at: Geo Solutions Sud, Solvice, Aptus, Localyse Workplace, GeoSquare Solutions, Suivo, i-Move, GEO SOLUTIONS
since 2021 · until 2027
since 2021 · until 2025
Shareholders
100%
Participations
90%
Establishments
Establishment units
Physical locations of this company
Prins Boudewijnlaan 41
2650 Edegem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 22 companies are registered at this address.
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€ 1.9 million gross margin · 2025
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humDot
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Atecon
€ 9,525 gross margin · 2025
+17 more
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
Google Workspace
Hosting
AS-HOSTINGER, CY
Domain
Domain
localyse.eu
Registrar
Combell NV
Website info
Features
Security
Details
- Company number
- 0720.490.957
- VAT number
- BE 0720.490.957
- Registered office
- Prins Boudewijnlaan 41, 2650 Edegem
- Names & denominations
- GeoSquare Procurement
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 8 February 2019
- Peppol
- Active · Active since 9 Jul 2025
- Contact
- localyse.eu
- Activities · NACE
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