GeoSquare Solutions
ActiveSummary
GeoSquare Solutions has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.37M and a net result of €165k. Equity is growing by ~29.9% per year across the filed fiscal years. Its solvency ranks better than 84% of 1416 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
82
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability69▼-3
Solvency100=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €110k at 30 days acceptable
Liquidity ample (current ratio 4.17 against 5.11 in 2024; short-term debt: 24% and cash: 8.5% of total assets), and 25.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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 2025Solvency, return and age of the figures
Solvency
74.8%
Return on assets
9%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
7 d early
2024
38 d early
2023
29 d early
2022
3 d early
2021
5 d late
2020
27 d late
2019
17 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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 monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€3.35M▼ 3.9%
2024 · €3.49M
2018: €4.55M
2019: €2.32M
2020: €3.07M
2022: €3.66M
2023: €3.35M
2024: €3.49M
2018 → 2025
EBIT margin
6.8%▼ 0.2pp
2024 · 7.0%
2018: 1.8%
2019: 0.7%
2020: 1.7%
2022: 7.0%
2023: 19.6%
2024: 7.0%
2018 → 2025
Net result
€165k▼ 6.7%
2024 · €177k
2018: €49k
2019: €4k
2020: €33k
2021: €41k
2022: €186k
2023: €485k
2024: €177k
2018 → 2025
Working capital
€1.39M▲ 13.7%
2024 · €1.22M
2018: €129k
2019: €161k
2020: €231k
2021: €347k
2022: €568k
2023: €1.03M
2024: €1.22M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€3.66M€3.35M▼ 8.4%€3.49M▲ 4.0%€3.35M▼ 3.9%
Equity€357k-€543k▲ 52.0%€1.03M▲ 89.4%€1.21M▲ 17.2%€1.37M▲ 13.7%
Operating result€64k-€257k▲ 301%€657k▲ 156%€245k▼ 62.6%€228k▼ 7.3%
Net result€41k-€186k▲ 352%€485k▲ 161%€177k▼ 63.5%€165k▼ 6.7%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 7% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.83M
Fixed assets
€961 ▲ 30.8%
Current assets
€1.83M ▲ 20.3%
Equity and liabilities €1.83M
Equity
€1.37M ▲ 13.7%
Provisions
€117 ▼ 16.1%
Debt
€462k ▲ 45.3%
Debt's share of the balance-sheet total rises from 20.9% to 25.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€229k▼
2024 · €247k
Cash flow
€166k▼
2024 · €178k
Current ratio
4.17▼
2024 · 5.11
Debt to equity
0.34▲
2024 · 0.26
ROE
12.1%▼
2024 · 14.7%
ROA
9.0%▼
2024 · 11.6%
Interest coverage
44.72▲
2024 · 42.65
Debt ≤ 1 year
€440k▲
2024 · €298k
Income taxes
€57k▼
2024 · €63k
Staff costs
€188k▼
2024 · €215k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 57 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.52M€1.83M▲
Fixed assets21/28€734€961▲
Tangible fixed assets22/27€734€961▲
Plant, machinery and equipment23€597€35▼
Furniture and vehicles24€137€926▲
Financial fixed assets28€0-
Current assets29/58€1.52M€1.83M▲
Amounts receivable within one year40/41€1.31M€1.65M▲
Trade receivables40€582k€511k▼
Other amounts receivable41€727k€1.14M▲
Cash at bank and in hand54/58€180k€156k▼
Deferred charges and accrued income490/1€33k€23k▼
Equity and liabilities
Total equity and liabilities10/49€1.52M€1.83M▲
Equity10/15€1.21M€1.37M▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€1.14M€1.31M▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€1.14M€1.30M▲
Profit (loss) carried forward14€18€19▲
Provisions and deferred taxes16€140€117▼
Provisions for liabilities and charges160/5€140€117▼
Pensions and similar obligations160€140€117▼
Amounts payable17/49€318k€462k▲
Amounts payable within one year42/48€298k€440k▲
Trade debts44€271k€401k▲
Suppliers440/4€271k€401k▲
Taxes, remuneration and social security45€27k€38k▲
Taxes450/3€7k€13k▲
Remuneration and social security454/9€20k€25k▲
Accrued charges and deferred income492/3€20k€22k▲
Income statement
Code20242025
Turnover70€3.49M€3.35M▼
Non-recurring operating income76A€1k€0▼
Goods, raw materials, services and sundry goods60/61€3.03M€2.94M▼
Remuneration, social security and pensions62€215k€188k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€873▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Provisions for liabilities and charges: additions (uses and reversals)635/8€8€-23▼
Other operating charges640/8€17k€16k▼
Non-recurring operating charges66A€0-
Gross operating margin9900€479k€432k▼
Operating profit (loss)9901€245k€228k▼
Financial income75/76B€147€5▼
Recurring financial income75€147€5▼
Financial charges65/66B€6k€5k▼
Recurring financial charges65€6k€5k▼
Profit (loss) for the period before taxes9903€240k€223k▼
Income taxes67/77€63k€57k▼
Profit (loss) for the period9904€177k€165k▼
Profit (loss) for the period to be appropriated9905€177k€165k▼
Appropriation of the result
Profit (loss) to be appropriated9906€177k€165k▼
Profit (loss) brought forward from the previous period14P€10€18▲
Transfer to equity691/2€177k€165k▼
To other reserves6921€177k€165k▼
Social balance
Average headcount (FTE)90872.72.0▼
The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Liquidity doublescurrent ratio 5.11
Current ratio from 2.40 to 5.11; short-term debt falls from €734k to €298k.
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €485k ▲161%
Operating result €657k, net result €485k, both a record.
31-12
Financial
Equity above €1MEq €1.03M ▲89.4%
6 profitable years in a row build equity to €1.03M.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €500kEq €543k ▲52%
5 profitable years in a row build equity to €543k.
05-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 5 days late
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 27 days late
2020
14-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet €4k ▼91.4%
Net result drops to €4k, the lowest in the series; recovery starts the following year.
Show earlier events
05-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 5 days late
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
18-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 18 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
15 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, Edegem · 1 establishment unit since 2009
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.
Prins Boudewijnlaan 412650 EdegemGround area
1.5 ha
Building footprint
2,155 m²
Volume, LiDAR
22,288 m³
Parcel 11472C0420/00G000, Flanders · tallest building 15.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Watt's on
since 20092.181.714.102
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11472C0420/00G000 | Flanders | 1.5 ha | 1 · 2,155 m² | 15.3 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Public money · subsidies and aid
Flemish government
2022 to 2025 · 3 entries · 19,603 EUR awarded · 19,603 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,603 EUR | 2,603 EUR |
| 2023 | 1 | 10,000 EUR | 10,000 EUR |
| 2022 | 1 | 7,000 EUR | 7,000 EUR |
Schemes
Subsidies voor internationaal ondernemen
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 29,996 companies in sector 62200 we hold annual accounts for 18,393. 6,782 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded31-08-2009
Fiscal year end31-12
Legal name NL
LOCALYSE
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.