GEO@Turnhout
ActiveSummary
The annual accounts of GEO@Turnhout for financial year 2025 show a net loss of 411% of total assets and of 84% of the equity at the start of that year. The 2025 annual accounts show equity of €8,062 and a net result of -€41,290. Its solvency ranks better than 88% of 352 sector peers (NACE 35, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.0% (low).
Overview
Official details
Source: KBO- Status
- Active since 05-09-2024 Normal situation
- Registered office
- 69 active companies are registered at this address 2 started in the 12 months before. Source: KBO register, as of 4 November 2026.
- Activity
- Electricity, gas, steam and air conditioning supply NACE 35120and 3 others
- Establishment unit
- 2.364.722.517 2440 Geel, since 05-09-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 25-11-2025
Board and ownership
- PACO VOFDirector · since 06-03-2025 · permanent representative Paul Lauwers
- HITA100%· score 332025 annual accounts of HITA
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.0%
- Gross margin
- -€40,717
- ▼ 256%
- Loss
- €41,290
- ▲ 240%
- Equity
- €8,062
- ▼ 83.7%
- Total assets
- €10,055
- ▼ 82.1%
- 2025 accounts filed 25 days after the deadline
Score breakdownraises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearFounded in 2024Liquidity: current ratio 5.05, cash €394, halvedlowers riskSector: Electricity, gas, steam and air conditioning supply (NACE 35)Size: total assets €10,055Show the evidence
Checked score
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 35, micro). It does better than 88% of them on solvency, 35% on liquidity, 8% on profitability and 10% on growth.
The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 2 accounts on average 26 days after the deadline. In the sector (NACE 35), the median for financial year 2024 was 22 days before the deadline, and 27% of those companies filed late.
Searched, nothing found (2)
Key points
- Caution: Less equity than 88% of companies in electricity, gas and steamsector median €2.3m · 352 companies €8,062 View
Recent changes
- · Gazette deed 1 director appointed, 1 director resigningResignation: DRIGIMA BV (director) · Permanent representatives: Jan Tormans, Paul Lauwers and Stijn Bos · Appointment: PACO VOF (director)
- · Gazette deed IncorporationFounding capital of €61,500 · Founder: HITA · Permanent representatives: Swerts,Victor Theresia Gerardus Gustavus, De Meyer,Geert and Tormans, Jan Emiel Maria
Comparable companies
These companies have the same main activity as GEO@Turnhout: electricity, gas, steam and air conditioning supply (NACE 35120). They are comparable in size and age: total assets between €3,300 and €94,400, founded between 2021 and 2025.
| Company | Total assets | Gross margin |
|---|---|---|
| GEO@Turnhout Geel | €10,055 | -€40,717 |
| energiegemeenschap van burgers uni BE 2 Meise | €6,996 | €4,681 |
| Communauté d’énergie uni BE 0 Sint-Jans-Molenbeek | €3,304 | €1,693 |
| CIRCIOS Sint-Joost-ten-Node | €19,589 | -€7,618 |
| BESIX Power Marche-en-Famenne | €53,324 | -€10,589 |
| TRANSUN Oudergem | €60,260 | -€168 |
| GREEN NOVA Drogenbos | €94,395 | €48,739 |
Key facts about GEO@Turnhout
- What is the company number of GEO@Turnhout?
- The company number of GEO@Turnhout is 1013.203.404. The VAT number is the same number with BE in front: BE 1013.203.404.
- Where is GEO@Turnhout based?
- The registered office is at Kleinhoefstraat 5, 2440 Geel.Company details
- What does GEO@Turnhout do?
- According to the KBO register, the main activity is electricity, gas, steam and air conditioning supply (NACE 35120).
- What is the legal form of GEO@Turnhout?
- The legal form of GEO@Turnhout is Public limited company (NV).
- When was GEO@Turnhout founded?
- GEO@Turnhout was founded on 05-09-2024.
- Is GEO@Turnhout still active?
- Yes, GEO@Turnhout is an active enterprise in the KBO register.
- What is the turnover of GEO@Turnhout?
- The annual accounts for financial year 2025 state no turnover.Financials
- Is GEO@Turnhout profitable?
- In financial year 2025, GEO@Turnhout made a loss of €41,290.
- Where can I find the annual accounts of GEO@Turnhout?
- GEO@Turnhout filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of GEO@Turnhout due?
- GEO@Turnhout must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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