Financials
Financial year 2025
GEOPOWER from Ledegem, company number BE0801562270, closed financial year 2025 with a result of € 46,392 after tax. For that financial year GEOPOWER recorded a gross margin of € 116,050 and equity of € 89,212. Compared with financial year 2024, the result moved from € 47,820 to € 46,392. 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 July 27, 2026.
€ 89,212
▲ 108% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 46,392
▼ 3% vs 2024
Profit after tax over the fiscal year.
€ 81,454
▼ 53% 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 € 69,212.
People and assets in 2025
€ 35,439
▲ 138% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 10,848
▲ 117% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 83,878
▼ 22% vs 2024
€ 24,986 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 107,552
▲ 71% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 26,134
▲ 250% vs 2024
Taxes, VAT and social contributions still to pay.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € 83,816 | € 116,050 | ▲ 38% |
| Profit after taxes | € 47,820 | € 46,392 | ▼ 3% |
| Equity | € 42,820 | € 89,212 | ▲ 108% |
| Total debts | € 235,220 | € 336,245 | ▲ 43% |
| Cash | € 175,128 | € 81,454 | ▼ 53% |
| Retained profit | € 22,820 | € 69,212 | ▲ 203% |
| Dividend | € 25,000 | € 0 | ▼ 100% |
| Bank debt | € 108,137 | € 83,878 | ▼ 22% |
| Balance sheet total | € 278,040 | € 425,458 | ▲ 53% |
By gross margin, GEOPOWER ranks 5th of 9 companies with main activity “Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit” in Ledegem that publish figures (fiscal year 2025).
Key figures of GEOPOWER, fiscal years 2024 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
Ask about GEOPOWER the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to GEOPOWER?
What happened at GEOPOWER in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 46,392 (▼ 3% vs 2024). Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Ledegem. KBO
In short
From € 47,820 profit in 2024 to € 46,392 profit in 2025.
Paid € 23,098 in corporate taxes since 2024.
Best year ever: 2024, with € 47,820 profit.
Paid out € 25,000 in dividends to the owners in total.
Management
The stake of WATT2do comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
GEOPOWERBehind GEOPOWER are WATT2DO BV and VERHAEGHE CONSULTING CommV. The shares are held by WATT2do (50%).
Directors
According to the 2025 annual accounts
Director · represented by VERCRUYSSE MATTIAS
Director · represented by VERHAEGHE MATHIEU
Shareholders
50%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Steenbeekpad 4
8880 Ledegem
Toor 6.9
8880 Ledegem
Active since 8 May 2023
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
Similar companies in Ledegem
Same main activity (Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit), 9 active companies in Ledegem, largest first.
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Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- WATT2DO(oprichter) 50%
- VERHAEGHE CONSULTING(oprichter) 50%
Details
- Company number
- 0801.562.270
- VAT number
- BE 0801.562.270
- Registered office
- Steenbeekpad 4, 8880 Ledegem
- Names & denominations
- GEOPOWER
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 May 2023
- Peppol
- Active · Active since 15 Oct 2025
- Contact
- [email protected]
- Activities · NACE
Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit
Vervaardiging van andere elektrische apparatuur
Activiteiten van holdings
Algemene elektrotechnische installatiewerken
Handel in eigen onroerend goed
Holdings