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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Negative equity NBB
More debt than assets in 2 of the last 2 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 45 % of short-term debt in 2025; threshold 65 %.
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Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
Financials
Financial year 2025
GEO-Project from Asse, company number BE0804635982, closed financial year 2025 with a result of € -352,977 after tax. For that financial year GEO-Project recorded a gross margin of € 560,893 and equity of € -78,525. Compared with financial year 2024, the result moved from € -349,298 to € -352,977. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2026.
€ -78,525
▲ € 260,773 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -352,977
▼ 1 % more loss than in 2024
Profit after tax over the fiscal year.
€ 151,096
▲ 7% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -702,275.
People and assets in 2025
5.6
Average over the fiscal year, from the social balance sheet.
€ 421,369
▼ 26% vs 2024
€ 75,200 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.
€ 856,841
▼ 20% vs 2024
Of which on lease € 688,142.
Debts at end 2025
€ 1 million
▼ 60% vs 2024
€ 227,190 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 223,108
▼ 57% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 14,640
▼ 71% vs 2024
Taxes, VAT and social contributions still to pay.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € 669,746 | € 560,893 | ▼ 16% |
| Profit after taxes | € -349,298 | € -352,977 | ▼ € 3,679 |
| Equity | € -339,298 | € -78,525 | ▲ € 260,773 |
| Total debts | € 3,278,374 | € 2,346,319 | ▼ 28% |
| Cash | € 141,177 | € 151,096 | ▲ 7% |
| Retained profit | € -349,298 | € -702,275 | ▼ € 352,977 |
| Bank debt | € 2,556,184 | € 1,022,905 | ▼ 60% |
| Balance sheet total | € 2,939,076 | € 2,267,794 | ▼ 23% |
| Employees (FTE) | - | 5.6 |
Key figures of GEO-Project, 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.
What happened to GEO-Project?
What happened at GEO-Project in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 352,977. Source: NBB ↗
- David Beulens BV became a director. NBB
- Summit Group BV became a director. NBB
- Beyond BV became a director. NBB
- Robbelinks BV became a director. NBB
- VEDEVE INVEST NV stepped down as director. NBB
- VEDEVE INVEST NV became a director. NBB
- New establishment in Asse. KBO
In short
From € 349,298 loss in 2024 to € 352,977 loss in 2025.
On average € 100,200 of value added per employee in 2025.
Management
The stake of Summit Group comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
GEO-ProjectBehind GEO-Project are David Beulens BV, Summit Group BV, Beyond BV and Robbelinks BV. The shares are held by Summit Group (80%).
Directors
According to the 2025 annual accounts
Director · represented by David Beulens
Also active at: ECO project, Eco-Project Industries
since 2025
Director · represented by Alain Bolssens
Also active at: JOKRI, ALGEMENE AANNEMINGEN AIRCO GEUNS, ECO project, JRB Energy, ECG Holding, Eco-Project Industries, KONING
since 2025
Director · represented by Wiet Vande Velde
Also active at: JOKRI, ALGEMENE AANNEMINGEN AIRCO GEUNS, ECO project, JRB Energy, TRON INVEST, ECG Holding, SCOPTVISION, Eco-Project Industries +2 more
since 2025
Director · represented by Lucas Robberechts
Also active at: JOKRI, ALGEMENE AANNEMINGEN AIRCO GEUNS, ECO project, JRB Energy, TRON INVEST, ECG Holding, SCOPTVISION, Eco-Project Industries +2 more
since 2025
Director · represented by Johan Van de Velde
Also active at: Nano Capital, COMITH, FDM PRINT GROUP, PUBLI-FDM, Viscom Invest, DADDY KATE, Julien Van de Velde
since 2023 · until 2025
Shareholders
80%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Z. 5 Mollem 70
1730 Asse
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
All companies at this address →Van de Velde buitenaanleg
€ 916,633 gross margin · 2025
A.R.C. CONSTRUCT
€ 19,955 gross margin · 2025
CONFAM
€ 121,184 gross margin · 2025
VEDEVE CONSTRUCT
€ 71,379 gross margin · 2025
CREA BUILDING COMPANY
€ 198,856 gross margin · 2025
+3 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0804.635.982
- VAT number
- BE 0804.635.982
- Registered office
- Z. 5 Mollem 70, 1730 Asse
- Names & denominations
- GEO-Project
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 August 2023
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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