Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 41 % 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
GEOGRIND from La Louvière, company number BE0841701266, closed financial year 2025 with a result of € -571,000 after tax. For that financial year GEOGRIND recorded a gross margin of € 77,096 and equity of € 154,789. Compared with financial year 2024, the result moved from € -18,982 to € -571,000. The company made a loss. The buffer shrank hard: equity is 79 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 7, 2026.
€ 154,789
▼ 79% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -571,000
▼ 2908 % more loss than in 2024
Profit after tax over the fiscal year.
€ 7
▼ 35% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -584,101.
People and assets in 2025
€ 30,535
▼ 10% 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.
Debts at end 2025
€ 321,917
▲ 34% vs 2024
€ 56,917 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 14,459
▼ 19% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,906
▲ 1% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 120,562 | € 38,456 | € 35,631 | € 77,096 | ▲ 116% |
| Profit after taxes | € 67,717 | € -1,884 | € -18,982 | € -571,000 | ▼ € 552,018 |
| Equity | € 746,656 | € 744,771 | € 725,789 | € 154,789 | ▼ 79% |
| Total debts | € 254,221 | € 349,911 | € 321,362 | € 365,831 | ▲ 14% |
| Cash | € 40 | € 48,320 | € 11 | € 7 | ▼ 35% |
| Retained profit | € 7,766 | € 5,881 | € -13,101 | € -584,101 | ▼ € 571,000 |
| Bank debt | € 188,166 | € 224,519 | € 240,817 | € 321,917 | ▲ 34% |
| Balance sheet total | € 1,000,877 | € 1,094,683 | € 1,047,151 | € 520,619 | ▼ 50% |
Key figures of GEOGRIND, 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 GEOGRIND?
What happened at GEOGRIND in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 571,000. filed late Source: NBB ↗
- Logik 44 SRL became a director. NBB
- GEMMA CONSULT SRL stepped down as director. NBB
- PROMA CONSULT SPRL stepped down as director. NBB
- PROMA CONSULT SPRL became a director. NBB
- GEMMA CONSULT SRL became a director. NBB
- New establishment in La Louvière. KBO
- Start of the company according to the CBE. KBO
In short
From € 67,717 profit in 2022 to € 571,000 loss in 2025.
Paid € 4,399 in corporate taxes since 2022.
Best year ever: 2022, with € 67,717 profit.
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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 ABRACO DEBRA NETWORK, AVANTI MANAGEMENT, WAPINVEST – FONDS SPIN-OFF / SPIN-OUT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
GEOGRINDBehind GEOGRIND is Logik 44 SRL. The shares are held by ABRACO DEBRA NETWORK (19.2%), AVANTI MANAGEMENT (19.1%) and WAPINVEST – FONDS SPIN-OFF / SPIN-OUT (13.7%).
Directors
According to the 2025 annual accounts
Managing director · represented by Philippe Fievez
since 2026
since 2023 · until 2025
Director · represented by Hugues DESMECHT
Also active at: LASER COATING DIAMOND TECHNOLOGY
since 2023 · until 2025
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue de la Croix du Maïeur(S-B) 17
7110 La Louvière
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
- 0841.701.266
- VAT number
- BE 0841.701.266
- Registered office
- Rue de la Croix du Maïeur(S-B) 17, 7110 La Louvière
- Names & denominations
- GEOGRIND
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 12 December 2011
- Peppol
- Active · Active since 12 Mar 2026
- Activities · NACE
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