Financials
Financial year 2025
Geothermal Innovation & Services from Schaarbeek, company number BE0785574789, closed financial year 2025 with a result of € 22,292 after tax. For that financial year Geothermal Innovation & Services recorded a gross margin of € 127,215 and equity of € 372,953. Compared with financial year 2024, the result moved from € 26,950 to € 22,292. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 22, 2026.
€ 372,953
▲ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 22,292
▼ 17% vs 2024
Profit after tax over the fiscal year.
€ 381,151
▲ 48% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 72,953.
Debts at end 2025
€ 34,629
▼ 8% vs 2024
Loans from banks and other lenders, long and short.
€ 71,715
▲ 87% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 33,499
▲ 2% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 30,644 | € 156,938 | € 170,181 | € 127,215 | ▼ 25% |
| Profit after taxes | € -5,767 | € 29,478 | € 26,950 | € 22,292 | ▼ 17% |
| Equity | € 294,233 | € 323,710 | € 350,661 | € 372,953 | ▲ 6% |
| Total debts | € 1,016,965 | € 1,077,912 | € 843,273 | € 890,211 | ▲ 6% |
| Cash | € 253,079 | € 424,030 | € 257,062 | € 381,151 | ▲ 48% |
| Retained profit | € -5,767 | € 23,710 | € 50,661 | € 72,953 | ▲ 44% |
| Bank debt | € 900,000 | € 68,751 | € 37,571 | € 34,629 | ▼ 8% |
| Balance sheet total | € 1,311,198 | € 1,401,622 | € 1,193,933 | € 1,263,164 | ▲ 6% |
Key figures of Geothermal Innovation & Services, 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 Geothermal Innovation & Services?
What happened at Geothermal Innovation & Services in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- ADVIESBUREAU INZAKE WATERTECHNIEKEN (A.G.T.) stepped down as director. NBB
- Bert DE WINTER stepped down as director. NBB
- DW CONSULTING stepped down as director. NBB
- Sammy WUYTS stepped down as director. NBB
- MERCURIUS VALUE CREATION stepped down as director. NBB
- RisasoN stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 22,292 (▼ 17% vs 2024). filed late Source: NBB ↗
- RisasoN became a director. NBB
In short
From € 5,767 loss in 2022 to € 22,292 profit in 2025.
Paid € 26,168 in corporate taxes since 2022.
Best year ever: 2023, with € 29,478 profit.
A new publication or filing at Geothermal Innovation & Services? We notify you, reason included.
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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
The stake of IFTECH, Vlaamse Maatschappij voor Watervoorziening, MATEXI GROUP comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Geothermal Innovation & ServicesThe shares are held by IFTECH (33.3%), Vlaamse Maatschappij voor Watervoorziening (33.3%) and MATEXI GROUP (33.3%).
Directors
According to the 2025 annual accounts
ADVIESBUREAU INZAKE WATERTECHNIEKEN (A.G.T.)
Director · represented by Jozef VAN STEENWINKEL
Also active at: IFTECH
since 2022 · until 2028
Bert DE WINTER
Director
since 2022 · until 2028
Director · represented by Kristoff DE WINNE
Also active at: Antwerp Tower, Immo - Vilvo, KEIZER VASTGOED, METROPOOL VASTGOED, KANAALKOM, Matexi Vlaams-Brabant, VILVOORDE DEVELOPMENT, Matexi Antwerpen +14 more
since 2022 · until 2028
since 2022 · until 2028
Director · represented by Geert VERACHTERT
Also active at: Alfa Technical Installations, ADVIESBUREAU INZAKE GRONDWATERTECHNIEKEN, IFTECH, Metiz, Alfa Technical Services, VAN ROEY SERVICES
since 2022 · until 2028
Director · represented by Rik Neckebroeck
Also active at: Antwerp Tower, TRADIPLAN, Immo - Vilvo, GALERIE DES CARMES, B&M, MATEXI IMMO INVEST, MATEXI CITY DEVELOPMENT, MATEXI REAL ESTATE FINANCE +46 more
since 2024 · until 2028
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Vooruitgangstraat 189
1030 Schaarbeek
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.
Details
- Company number
- 0785.574.789
- VAT number
- BE 0785.574.789
- Registered office
- Vooruitgangstraat 189, 1030 Schaarbeek
- Names & denominations
- Geothermal Innovation & Services · GEISER
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 April 2022
- Peppol
- Active · Active since 13 Oct 2025
- Activities · NACE
Productie en distributie van stoom en gekoelde lucht