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Geo-IT

Active
Private limited companyfounded 200421 yrs activePotvlietlaan 5B, 2600 Antwerpen, BelgiumKBO/BCE: BE 0867.526.230

Geo-IT has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.08M and a net result of €5.36M. Equity is growing by ~7.4% per year across the filed fiscal years. Its solvency ranks better than 57% of 2685 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
80 / 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency80▼-6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €160k at 30 days acceptable
Liquidity ample (current ratio 2.05 against 2.38 in 2024; short-term debt: 45.3% and cash: 12.7% of total assets), and 45.3% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
54.7%
Return on assets
141.1%
Age of the figures
9 mo
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 21 years 0 30 y
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-04-2026, 120 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
120 d early
2024
114 d early
2023
29 d early
2022
13 d early
2021
19 d early
2020
5 d late
2019
28 d late
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity
€2.08M▼ 10.8%
2024 · €2.33M
2018: €1.37M 2019: €1.67M 2020: €1.52M 2021: €1.82M 2022: €1.87M 2023: €2.79M 2024: €2.33M
2018 → 2025
Total assets
€3.80M▲ 0.1%
2024 · €3.79M
2018: €3.05M 2019: €5.61M 2020: €3.13M 2021: €3.45M 2022: €4.46M 2023: €3.73M 2024: €3.79M
2018 → 2025
Net result
€5.36M▲ 1.0%
2024 · €5.30M
2018: €1.40M 2019: €1.88M 2020: €2.47M 2021: €2.84M 2022: €4.01M 2023: €5.01M 2024: €5.30M
2018 → 2025
Working capital
€1.81M▼ 10.8%
2024 · €2.02M
2018: €1.29M 2019: €1.58M 2020: €1.44M 2021: €1.64M 2022: €1.68M 2023: €2.74M 2024: €2.02M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€1.82M-€1.87M▲ 2.8%€2.79M▲ 48.7%€2.33M▼ 16.5%€2.08M▼ 10.8%
Operating result€2.99M-€4.32M▲ 44.5%€5.50M▲ 27.2%€5.74M▲ 4.3%€5.82M▲ 1.4%
Net result€2.84M-€4.01M▲ 41.1%€5.01M▲ 25.1%€5.30M▲ 5.8%€5.36M▲ 1.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€2.00M€4.00M€6.00MOperating result 2021: €2.99M€2.99MNet result 2021: €2.84M€2.84MOperating result 2022: €4.32M€4.32MNet result 2022: €4.01M€4.01MOperating result 2023: €5.50M€5.50MNet result 2023: €5.01M€5.01MOperating result 2024: €5.74M€5.74MNet result 2024: €5.30M€5.30MOperating result 2025: €5.82M€5.82MNet result 2025: €5.36M€5.36M20212022202320242025
The operating result has risen four years in a row; 2025 is 1% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.80M
Fixed assets €271k▼ 10.3%
Current assets €3.52M▲ 0.9%
Equity and liabilities €3.80M
Equity €2.08M▼ 10.8%
Debt €1.72M▲ 17.2%
The debt ratio rises from 38.6% to 45.3%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€5.85M
2024 · €5.77M
Cash flow
€5.39M
2024 · €5.34M
Solvency
54.7%
2024 · 61.4%
Current ratio
2.05
2024 · 2.38
Quick ratio
1.87
2024 · 2.38
Debt / equity
0.83
2024 · 0.63
ROE
257.9%
2024 · 227.9%
ROA
141.1%
2024 · 139.8%
Interest coverage
169.90
2024 · 2012.53
Debt
€1.72M
2024 · €1.47M
Debt ≤ 1 year
€1.72M
2024 · €1.47M
Income taxes
€449k
2024 · €484k
Staff costs
€2.22M
2024 · €2.10M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€3.79M€3.80M
Formation expenses20€0€0=
Fixed assets21/28€303k€271k
Intangible fixed assets21€0€0=
Tangible fixed assets22/27€107k€80k
Plant, machinery and equipment23€5k€3k
Furniture and vehicles24€67k€53k
Other tangible fixed assets26€35k€24k
Financial fixed assets28€196k€191k
Current assets29/58€3.49M€3.52M
Stocks and contracts in progress3-€308k
Stocks30/36-€308k
Amounts receivable within one year40/41€2.07M€2.51M
Trade receivables40€2.07M€2.43M
Other amounts receivable41-€85k
Current investments50/53€257k€218k
Cash at bank and in hand54/58€1.17M€484k
Equity and liabilities
Total equity and liabilities10/49€3.79M€3.80M
Equity10/15€2.33M€2.08M
Contributions10/11€20k€20k=
Reserves13€2.31M€2.06M
Distributable reserves133€2.31M€2.06M
Profit (loss) carried forward14€424€424=
Amounts payable17/49€1.47M€1.72M
Amounts payable within one year42/48€1.47M€1.72M
Trade debts44€972k€1.11M
Suppliers440/4€972k€1.11M
Taxes, remuneration and social security45€494k€605k
Taxes450/3€280k€382k
Remuneration and social security454/9€214k€223k
Income statement Code20242025
Remuneration, social security and pensions62€2.10M€2.22M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€35k€34k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€460-
Other operating charges640/8€15k€16k
Gross operating margin9900€7.88M€8.09M
Operating profit (loss)9901€5.74M€5.82M
Financial income75/76B€54k€25k
Recurring financial income75€54k€25k
Financial charges65/66B€3k€34k
Recurring financial charges65€3k€34k
Profit (loss) for the period before taxes9903€5.79M€5.81M
Income taxes67/77€484k€449k
Profit (loss) for the period9904€5.30M€5.36M
Profit (loss) for the period to be appropriated9905€5.30M€5.36M
Appropriation of the result
Profit (loss) to be appropriated9906€5.30M€5.36M
Profit (loss) brought forward from the previous period14P€424€424=
Transfer from equity791/2€1.26M€807k
Transfer to equity691/2€804k€556k
To other reserves6921€804k€556k
Profit to be distributed694/7€5.76M€5.61M
Return on contributions (dividend)694€5.76M€5.61M
Social balance
Average headcount (FTE)908728.227.9

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
02-04
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial Highest result since 2018net €5.36M ▲1%
Operating result €5.82M, net result €5.36M, both a record.
08-04
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
02-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial Liquidity triplescurrent ratio 5.06
Current ratio from 1.65 to 5.06; short-term debt falls from €2.59M to €676k.
31-12
Financial Equity above €2MEq €2.79M ▲48.7%
6 profitable years in a row build equity to €2.79M.
18-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
12-07
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
05-08
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 5 days late
2020
28-08
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 28 days late
2019
31-07
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
03-07
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 2 establishment units since 2004
establishment All 2 establishment units on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Potvlietlaan 5B2600 Antwerpen
Ground area
7,743 m²
Building footprint
4,350 m²
Volume, LiDAR
92,905 m³
2 parcels, Brussels, Flanders · tallest building 45.8 m, ±8 floors. Linked by address, not a title deed.
2 establishment units
Geo-IT
Potvlietlaan 5B, 2600 AntwerpenNACE 7210001
since 20042.142.289.144
GEO-IT
Louizalaan 231, 1050 ElseneVocational training
since 20182.277.041.049
2 parcels
Flanders 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
21807G0131/00T000 Brussels 5,672 m² 1 · 3,878 m² 45.8 m · 8 fl.
11302A0030/00V000 Flanders 2,071 m² 1 · 472 m² 15.7 m · 5 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2025 · 1 entry · 3,590 EUR awarded · 1,575 EUR paid
Year Entries awardedpaid
2025 1 3,590 EUR1,575 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
1 entry · 3,590 EUR · 1,575 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Quality registration as a provider

1 live approval
Quality registration as a provider
Toegekend · valid until 2026-11-24

Similar companies · same sector, comparable size

Of 30,000 companies in sector 62200 we hold annual accounts for 18,392. 4,725 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded30-09-2004
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
72100
85592Vocational training
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers

Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

4 entries
Website:www.geoit.be
Enterprise
E-mail:info@geoit.be
Enterprise
Phone:03/2720310
Enterprise
Fax:03/2720314
Enterprise