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GEOTOP

Active
Public limited companyfounded 199036 yrs activeRue de la Montagne 2, 5000 Namur, BelgiumKBO/BCE: BE 0441.283.979

GEOTOP has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €68k and a net result of €34k. Equity remains stable across the filed fiscal years (±0% per year). Its solvency ranks better than 13% of 726 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
61 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability72▼-1
Solvency31▼-2
Growth58=
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity tight (current ratio 1.05 against 1.08 in 2024; short-term debt: 94.5% and cash: 19.2% of total assets), and 94.5% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Nine 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 71
Relative position
BE, all sectors
reference
Sector 71
lower
← fewer bankruptcies more bankruptcies →
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 36 years 0 40 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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
5.5%
Return on assets
2.7%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 726 sector peers (2025).
NBB · sector comparison
Position among 726 sector peers
Solvency
better than 13%
← weakest strongest →
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 d early
2024
6 d late
2023
7 d early
2022
81 d early
2021
51 d early
2020
27 d late
2019
26 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
19-09-2026 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, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€34k▲ 3.6%
2024 · €32k
2018: €19k 2019: €73k 2020: €79k 2021: €19k 2022: €36k 2023: €54k 2024: €32k
2018 → 2025
Working capital
€63k▼ 1.7%
2024 · €64k
2018: €74k 2019: €138k 2020: €42k 2021: €51k 2022: €60k 2023: €65k 2024: €64k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€68k-€68k=€68k=€68k=€68k=
Operating result€31k-€55k▲ 78.9%€78k▲ 40.9%€52k▼ 33.3%€57k▲ 9.4%
Net result€19k-€36k▲ 89.1%€54k▲ 49.5%€32k▼ 40.1%€34k▲ 3.6%
Result per fiscal year
Operating resultNet result
€0€20k€40k€60k€80kOperating result 2021: €31k€31kNet result 2021: €19k€19kOperating result 2022: €55k€55kNet result 2022: €36k€36kOperating result 2023: €78k€78kNet result 2023: €54k€54kOperating result 2024: €52k€52kNet result 2024: €32k€32kOperating result 2025: €57k€57kNet result 2025: €34k€34k20212022202320242025
The operating result recovers in 2025; 2025 is 9% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.24M
Fixed assets €5k▲ 24.1%
Current assets €1.23M▲ 37.1%
Equity and liabilities €1.24M
Equity €68k=
Debt €1.17M▲ 40.1%
The debt ratio rises from 92.5% to 94.5%. Debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€59k
2024 · €54k
Cash flow
€35k
2024 · €34k
Solvency
5.5%
2024 · 7.5%
Current ratio
1.05
2024 · 1.08
Quick ratio
1.05
2024 · 1.08
Debt / equity
17.17
2024 · 12.26
ROE
49.3%
2024 · 47.6%
ROA
2.7%
2024 · 3.6%
Interest coverage
25.90
2024 · 26.34
Debt
€1.17M
2024 · €836k
Debt ≤ 1 year
€1.17M
2024 · €836k
Income taxes
€21k
2024 · €18k
Staff costs
€353k
2024 · €334k
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€904k€1.24M
Fixed assets21/28€4k€5k
Tangible fixed assets22/27€2k€3k
Plant, machinery and equipment23€343€3k
Furniture and vehicles24€1k-
Financial fixed assets28€3k€2k
Current assets29/58€899k€1.23M
Amounts receivable within one year40/41€844k€995k
Trade receivables40€504k€376k
Other amounts receivable41€340k€619k
Cash at bank and in hand54/58€55k€238k
Deferred charges and accrued income490/1-€752
Equity and liabilities
Total equity and liabilities10/49€904k€1.24M
Equity10/15€68k€68k=
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€6k€6k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Amounts payable17/49€836k€1.17M
Amounts payable within one year42/48€836k€1.17M
Trade debts44€522k€934k
Suppliers440/4€522k€934k
Taxes, remuneration and social security45€147k€88k
Taxes450/3€101k€47k
Remuneration and social security454/9€45k€41k
Other amounts payable47/48€166k€148k
Income statement Code20242025
Remuneration, social security and pensions62€334k€353k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€2k-
Other operating charges640/8€5k€5k
Gross operating margin9900€394k€417k
Operating profit (loss)9901€52k€57k
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€2k€2k
Recurring financial charges65€2k€2k
Profit (loss) for the period before taxes9903€50k€55k
Income taxes67/77€18k€21k
Profit (loss) for the period9904€32k€34k
Profit (loss) for the period to be appropriated9905€32k€34k
Appropriation of the result
Profit (loss) to be appropriated9906€32k€34k
Profit to be distributed694/7€32k€34k
Return on contributions (dividend)694€32k€34k
Social balance
Average headcount (FTE)90875.86.4

The notes to these accounts (8 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
14-09
State Gazette act Resignations & appointments
General meeting · Director reappointment6 facts ▸
  • General meeting, 2026-06-30
  • Director reappointment, Jean-Michel Vandenbranden (administrateur)
  • Director reappointment, Philippe Dupont (administrateur)
  • Director reappointment, Quentin Dupont (administrateur)
  • Director reappointment, François Fraikin (administrateur)
  • Director reappointment, Jean-Michel Vandenbranden (administrateur délégué)
30-07
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
06-08
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 6 days late
2024
24-07
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
11-05
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
10-06
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial Weakest financial yearnet €19k ▼75.8%
Net result drops to €19k, the lowest in the series; recovery starts the following year.
27-08
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 27 days late
2020
31-12
Financial Highest result since 2018net €79k ▲9.2%
Operating result €113k, net result €79k, both a record.
26-08
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 26 days late
2019
31-12
Financial Equity above €150kEq €161k ▲81.9%
2 profitable years in a row build equity to €161k.
14-08
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 14 days late
2018
05-07
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
08-06
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
under verification
This board is reconstructed from a single act (26361266). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
Current
Jean-Michel Vandenbranden
Managing director
Current
Current
Current
Location & real-estate footprint
Registered office, Namur · 1 establishment unit since 1990
establishment The establishment unit 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.

Rue de la Montagne 25000 Namur
Ground area
566 m²
Building footprint
140 m²
Volume, LiDAR
1,811 m³
Parcel 92094B0186/00M000, Wallonia · tallest building 17.3 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
geotop
Rue de la Montagne 2, 5000 NamurOther professional, scientific and technical activities
since 19902.049.405.310
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
92094B0186/00M000 Wallonia 566 m² 1 · 140 m² 17.3 m · 4 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.

Structure & network

Connections & network

12 connected companies
Philippe DUPONT, Shared director, links 12 companies PD Philippe…UPONTARDENPLIAGE 2, via Philippe DUPONT A2ARDENPLIAGE 2La Goutrielle, via Philippe DUPONT LGLa GoutrielleMANAGEMENT EN ADVIES DUPONT-THIRY, via Philippe DUPONT MEMANAGEMENT ENADVIES D…THIRYWonderBE, via Philippe DUPONT WWonderBEAdvocatenkantoor Dupont, via Philippe DUPONT ADAdvocate…ntoorDupontBorinage Hauts-Pays Logements, via Philippe DUPONT BHBorinageHauts-Pa…mentsCOATINC NINOVE, via Philippe DUPONT CNCOATINC NINOVEHainaut-Cinéma, via Philippe DUPONT HHainaut-CinémaHD GESTION, via Philippe DUPONT HGHD GESTIONL'Enfant-Phare, via Philippe DUPONT LL'Enfant-PhareService social des Agents provinciaux de Liège, via Philippe DUPONT SSService socialdes Agen…LiègeSIPRES, via Philippe DUPONT SSIPRESGEOTOP GEOTOP0441.283.979
Shared directors
Linked via shared directors
Show 8 more companies with a shared director
Borinage Hauts-Pays Logements
viaPhilippe DUPONT · Administrateur représentant la province du hainaut
former
COATINC NINOVE
viaPhilippe DUPONT · Permanent representative
former
former
former
former
SIPRES
viaPhilippe DUPONT · Director
former

Similar companies · same sector, comparable size

Of 1,759 companies in sector 71122 we hold annual accounts for 770. 659 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded25-05-1990
Fiscal year end31-12
Activities, NACEBEL
71122Land surveying
71121Engineering and related technical consultancy, excluding land surveyors
74203
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers

Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.