GeoSquare Procurement
ActiveSummary
GeoSquare Procurement has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.0m and a net result of €2.1m. Equity has been growing by about 21% per year since 2020. Its solvency ranks better than 50% of 1,683 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 08-02-2019 Normal situation
- Registered office
- 29 active companies are registered at this address Source: KBO register, as of 3 November 2026.
- Activity
- Computer consultancy and computer facilities management NACE 62200
- Establishment unit
- 2.286.258.128 2650 Edegem, since 08-02-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 09-07-2025
Board and ownership
Board
- GEO SQUAREManaging director · permanent representative Dirk Lambrechts
- SNOWBRIDGEDirector · permanent representative Wim Decraene
- Auditor
- KPMG Bedrijfsrevisoren BV
Shareholders
- GEO SQUARE100%· score 932025 annual accounts of GEO SQUARE
- Holdings
- Shares in 1 company GeoSquare Solutions
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
Annual accounts 2025
- Turnover
- €9.6m
- ▼ 6.7%
- Profit
- €2.1m
- ▼ 39.8%
- Equity
- €3.0m
- ▼ 46.9%
- Total assets
- €7.8m
- ▼ 34.4%
Score breakdownlowers riskSector: Computer programming, consultancy and related activities (NACE 62)Size: turnover €9.6m, total assets €7.8mLiquidity: current ratio 0.88, cash €2.6mFigures for financial year 2025 (filed on 17-07-2026)Show the evidence
Checked score
Score 2025
94
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 52% of small companies in computer programming and consultancy (NACE 62)
Financial strength · tick: 2024
Strong
Solvency
64-9
equity 38.7% of total assets
Liquidity
60+31
short-term debt 60.5% · cash 32.9%
Profitability
78+1
return on assets 27.6%
Bankruptcy probability within 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025highest value
07-2025: < 0.1%▼ -0.1 percentage points vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: 0.1%▲ +0.1 percentage points vs 06-2026
08-2026: < 0.1%▼ -0.1 percentage points vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026lowest value
11-2026: < 0.1%● unchanged vs 10-2026lowest value
Credit of up to €280,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.88 (1.07 in 2024), below 1. Short-term debt is 60.5% and cash 32.9% of total assets. 61.3% of the assets are financed with debt and provisions.
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 62, small). It does better than 49% of them on solvency, 71% on liquidity, 66% on profitability and 20% on growth.
The bankruptcy probability was computed on 02-11-2026 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
Five signals.
lowers riskneutral
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 17-07-2026, 14 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
14 days early
2024
38 days early
2023
34 days early
2022
14 days early
2021
26 days late
2020
27 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 8 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 17 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
Key points
- Positive: Higher net result than 94% of companies in computer programming and consultancysector median €35,587 · 1,685 companies €2.1m View
- Caution: Equity fell in 2025from €5.7m to €3.0m ▼ 46.9% View
- Board changedlatest change 30-10-2026 · 2 in office 2 joined · 1 left View
- Positive: 6 profitable years in a rowprofit 2025: €2.1m 6 years View
- Positive: Filed on time since financial year 2022accounts within the deadline every year 4 years View
Recent changes
- · Gazette deed Reappointments: KPMG Bedrijfsrevisoren BV (statutory auditor) and GEO SQUARE (director)Resignation: CoodeR (director) · Appointments: SNOWBRIDGE (director) and GEO SQUARE (managing director) · Permanent representatives: Dirk Lambrechts, Wim Decraene and Martine de Ruijter
- · Gazette deed Company renamed from Localyse Group to GeoSquare Procurement
- · Gazette deed Resignation: Elev8 BV (director)Permanent representative: Bart Suy
Companies linked to GeoSquare Procurement
Comparable companies
These companies have the same main activity as GeoSquare Procurement: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €3.7m and €10m, founded between 2013 and 2020.
| Company | Total assets | Gross margin |
|---|---|---|
| GeoSquare Procurement Edegem | €7.8m | €0.3m |
| Airwave Kontich | €5.7m | €0.5m |
| Sequoia Business Community Brussel | €10.0m | - |
| Portomundi Antwerpen | €5.0m | €0.4m |
| ASCH Zele | €5.2m | €0.2m |
| DIRDES Lede | €4.4m | €0.4m |
| VADAGROUP Zele | €3.7m | €0.3m |
Key facts about GeoSquare Procurement
- What is the company number of GeoSquare Procurement?
- The company number of GeoSquare Procurement is 0720.490.957. The VAT number is the same number with BE in front: BE 0720.490.957.
- Where is GeoSquare Procurement based?
- The registered office is at Prins Boudewijnlaan 41, 2650 Edegem.Company details
- What does GeoSquare Procurement do?
- According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
- What is the legal form of GeoSquare Procurement?
- The legal form of GeoSquare Procurement is Public limited company (NV).
- When was GeoSquare Procurement founded?
- GeoSquare Procurement was founded on 08-02-2019.
- Is GeoSquare Procurement still active?
- Yes, GeoSquare Procurement is an active enterprise in the KBO register.
- What is the turnover of GeoSquare Procurement?
- The turnover of GeoSquare Procurement was €9.6m in financial year 2025, according to the filed annual accounts.Financials
- Is GeoSquare Procurement profitable?
- In financial year 2025, GeoSquare Procurement made a profit of €2.1m.
- Where can I find the annual accounts of GeoSquare Procurement?
- GeoSquare Procurement filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of GeoSquare Procurement due?
- GeoSquare Procurement must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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