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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Tight liquidity NBB
Cash and receivables cover 14 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Geotexco from Zele, company number BE0772389620, closed financial year 2025 with a result of € -307,062 after tax. For that financial year Geotexco recorded revenue of € 33,425 and equity of € 36 million. Compared with financial year 2024, the result moved from € 180,314 to € -307,062. 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 June 11, 2026.
€ 36 million
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -307,062
▼ still € 180,314 profit in 2024
Profit after tax over the fiscal year.
€ 413,716
▼ 67% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2.5 million.
People and assets in 2025
8.5
▲ 1.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.7 million
▲ 16% vs 2024
€ 198,100 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.
€ 5,644
▲ 200% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 23 million
▼ 6% vs 2024
€ 5.5 million is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 553,007
▼ 21% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 91 days on average.
€ 419,534
▲ 9% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | € 5,332 | € 33,425 | ▲ € 28,093 |
| Profit after taxes | € -1,875,054 | € -476,732 | € 180,314 | € -307,062 | ▼ € 487,376 |
| Equity | € 31,524,946 | € 36,048,214 | € 36,328,528 | € 36,021,466 | ▼ 1% |
| Total debts | € 28,728,837 | € 28,087,973 | € 25,726,224 | € 24,180,421 | ▼ 6% |
| Cash | € 29,515 | € 1,240,096 | € 1,241,277 | € 413,716 | ▼ 67% |
| Retained profit | € -1,875,054 | € -2,351,786 | € -2,171,472 | € -2,478,534 | ▼ € 307,062 |
| Bank debt | € 28,245,222 | € 26,705,769 | € 24,324,717 | € 22,982,608 | ▼ 6% |
| Balance sheet total | € 60,253,783 | € 64,136,186 | € 62,054,752 | € 60,201,887 | ▼ 3% |
| Employees (FTE) | - | 6.3 | 6.7 | 8.5 | ▲ 1.8 |
Key figures of Geotexco, 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 Geotexco?
What happened at Geotexco in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Deltafin BVBA stepped down as director. NBB
- Vincent Nykjaer stepped down as director. NBB
- Nicolas D'Heygere CommV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 307,062 (▼ € 487,376 vs 2024). Source: NBB ↗
- Deltafin BVBA became a director. NBB
- New establishment in Zele. KBO
- Vincent Nykjaer became a director. NBB
- Nicolas D'Heygere CommV became a director. NBB
In short
From € 1.9 million loss in 2022 to € 307,062 loss in 2025.
Paid € 12,071 in corporate taxes since 2022.
Best year ever: 2024, with € 180,314 profit.
Pays suppliers within 91 days on average.
Management
The shares are held by WPEF VIII Holdco 6 BV (69.1%) and B HoldCo (30.9%). It owns 100% of Bontexgeo NV itself.
Directors
According to the 2025 annual accounts
Director · represented by Christof Deblauwe
Also active at: A Invest, Adfil, Belgian Fibers Group, URBINO SERVICES, B HoldCo
since 2022 · until 2027
Vincent Nykjaer
Director
since 2021 · until 2027
Director · represented by Nicolas D'Heygere
Also active at: Packaging PrintCo, T&A Holding, Dematra Group, UP Certco, ARGONA, Abts Foods Holding Belgium, Waterland Private Equity, OTS Holding +5 more
since 2021 · until 2027
Shareholders
69.1%
30.9%
Participations
100%
Establishments
Establishment units
Physical locations of this company
Industriestraat 39
9240 Zele
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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.
Details
- Company number
- 0772.389.620
- VAT number
- BE 0772.389.620
- Registered office
- Industriestraat 39, 9240 Zele
- Names & denominations
- Geotexco
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 9 August 2021
- Peppol
- Active · Active since 2 Jan 2026
- Activities · NACE
Activiteiten van hoofdkantoren
Activiteiten van holdings
Holdings