Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 3 to 2.
-
Busy address KBO
22 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
GeoSquare Solutions from Edegem, company number BE0818285268, closed financial year 2025 with a result of € 165,200 after tax. For that financial year GeoSquare Solutions recorded revenue of € 3.4 million and equity of € 1.4 million. Compared with financial year 2024, the result moved from € 177,083 to € 165,200. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 24, 2026.
€ 1.4 million
▲ 14% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 165,200
▼ 7% vs 2024
Profit after tax over the fiscal year.
€ 155,505
▼ 14% 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 € 1.3 million.
People and assets in 2025
2
▼ 0.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 187,890
▼ 13% vs 2024
€ 93,900 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.
€ 926
▲ € 788 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 401,226
▲ 48% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 38,442
▲ 45% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 3,655,525 | € 3,350,277 | € 3,485,744 | € 3,350,664 | ▼ 4% |
| Gross margin | € 516,075 | € 701,670 | € 479,154 | € 432,131 | ▼ 10% |
| Profit after taxes | € 185,880 | € 485,349 | € 177,083 | € 165,200 | ▼ 7% |
| Equity | € 543,111 | € 1,028,460 | € 1,205,543 | € 1,370,743 | ▲ 14% |
| Total debts | € 1,635,839 | € 734,337 | € 318,009 | € 462,068 | ▲ 45% |
| Cash | € 217,957 | € 43,157 | € 179,877 | € 155,505 | ▼ 14% |
| Retained profit | € 481,611 | € 966,960 | € 1,144,043 | € 1,309,243 | ▲ 14% |
| Bank debt | € 34,242 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 2,179,312 | € 1,762,929 | € 1,523,692 | € 1,832,929 | ▲ 20% |
| Employees (FTE) | 3.1 | 3 | 2.7 | 2 | ▼ 0.7 |
Key figures of GeoSquare Solutions, 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 Solutions?
What happened at GeoSquare Solutions 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 € 165,200 (▼ 7% vs 2024). Source: NBB ↗
- CoodeR BV became a director. NBB
- Geo Square NV became a director. NBB
- New establishment in Edegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 185,880 profit in 2022 to € 165,200 profit in 2025.
Paid € 353,403 in corporate taxes since 2022.
Best year ever: 2023, with € 485,349 profit.
On average € 216,100 of value added per employee in 2025.
Management
The shares are held by Localyse Group (90%).
Directors
According to the 2025 annual accounts
Director · represented by Martine De Ruijter
Also active at: Geo Solutions Sud, Solvice, Aptus, GeoSquare Procurement, Localyse Workplace, Suivo, GEO SQUARE, i-Move +1 more
since 2021 · until 2027
Director · represented by Dirk Lambrechts
Also active at: Geo Solutions Sud, Solvice, Aptus, GeoSquare Procurement, Localyse Workplace, Suivo, i-Move, GEO SOLUTIONS
since 2021 · until 2027
Shareholders
90%
Participations
No participations in other companies reported.
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.
All companies at this address →ATECON
€ 1.9 million gross margin · 2025
European Association for the Conservation of Energy
Thru
€ 5.7 million revenue · 2025
humDot
€ 150,028 gross margin · 2025
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.
Details
- Company number
- 0818.285.268
- VAT number
- BE 0818.285.268
- Registered office
- Prins Boudewijnlaan 41, 2650 Edegem
- Names & denominations
- GeoSquare Solutions
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 31 August 2009
- Peppol
- Active · Active since 1 Jul 2025
- Activities · NACE
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