ACTIVE

GEO

Financial year 2025 · closed on 31/08/2025
Net result
298,7 k €
+10.4% YoY
Revenue
3,6 M €
+23.1% YoY
Equity
1,9 M €
+18.2% YoY
Workforce
25,1 ETP
+198.8% YoY

What does GEO do?

GEO is a Private limited company incorporated in 1993. Its main activity is: Urban and suburban passenger land transport. Its registered office is in Anderlecht. It employs on average 25,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0449.423.962
Incorporation
11/02/1993
Legal form
Private limited company
Registered office
Rue Ile Ste Hélène 18
1070 Anderlecht · BruxellesSee on map
Contributed capital
31 447,91 €
Latest accounts
31/08/2025
Average workforce
25,1 ETP
Joint committees (5)
  • 140
  • 14002
  • 14003
  • 200
  • 218
Signals
ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Revenue3,6 M €2,9 M €3,1 M €2,2 M €2,3 M €2,1 M €4,3 M €6 M €6,2 M €
EBITDA1,2 M €1 M €789,6 k €520,8 k €545,7 k €234,2 k €1,2 M €735,4 k €714,2 k €839 k €658,9 k €466,6 k €519,8 k €684,7 k €831,2 k €660 k €1,1 M €1,1 M €422,9 k €
Operating result412,6 k €333,1 k €281,2 k €267 k €152,4 k €-259,2 k €644,4 k €-150,5 k €-136,9 k €136 k €151,9 k €106,7 k €265,1 k €289,1 k €204,4 k €-87,4 k €193,2 k €114 k €88,2 k €
Net result298,7 k €270,7 k €245 k €248,6 k €132,5 k €-300,3 k €239,4 k €-269,9 k €-255,8 k €16,5 k €57,6 k €33,8 k €241,8 k €275,6 k €418,1 k €-150,6 k €113,5 k €60,6 k €69,6 k €
Balance sheet
Equity1,9 M €1,6 M €1,4 M €1,1 M €876 k €743,5 k €1 M €470,3 k €740,3 k €996,1 k €979,5 k €921,9 k €888,1 k €836,3 k €760,6 k €352,6 k €503,1 k €389,6 k €329 k €
Total assets3,6 M €3,6 M €3,4 M €3,2 M €1,2 M €2,5 M €3,1 M €4,1 M €4,6 M €4,5 M €3,9 M €3,5 M €2 M €1,7 M €1,6 M €1,7 M €1,8 M €2 M €1,4 M €
Cash630,6 k €361,4 k €307,3 k €732,7 k €323,9 k €1,1 M €551,2 k €634,9 k €600,1 k €622,5 k €258,6 k €655 k €343,6 k €183,5 k €113,7 k €94,6 k €78,8 k €109,7 k €78,4 k €
Debts1,7 M €1,9 M €2 M €2 M €283,7 k €1,7 M €2 M €3,7 M €3,9 M €3,5 M €2,9 M €2,6 M €1,1 M €776,1 k €818,1 k €1,4 M €1,3 M €1,7 M €1 M €
Other
Workforce25,1 ETP8,4 ETP27,3 ETP22,9 ETP24,1 ETP27,8 ETP39,1 ETP50,7 ETP56,8 ETP51,3 ETP56,6 ETP48,5 ETP36,4 ETP33,0 ETP39,7 ETP44,7 ETP42,4 ETP25,8 ETP6,2 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/08/2025 · 2 active · 15 ended

Active mandates

Carmen Van den Bossche

Director · since 04 janvier 2024

Active
INVINT

Director · since 04 janvier 2024 · 0897.890.792

Represented by Marc Van den Bossche

Active

Ended mandates

INVINT

Director · since 04 janvier 2024 · 0897.890.792

Represented by Marc VAN DEN BOSSCHE

Ended
Carmen Van den Bossche

Director

Ended
Carmen Van Den Bossche

Manager

Ended
INVINT

Manager · 0897.890.792

Represented by Marc Van Den Bossche

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/09/202401/09/202301/09/202201/09/202101/09/202001/09/2019
Closing of the financial year31/08/202531/08/202431/08/202331/08/202231/08/202131/08/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date31/03/202628/02/202507/02/202416/03/202309/03/202218/02/2021
General meeting30/01/202631/01/202526/01/202427/01/202328/01/202229/01/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/08/202530/01/202631/03/2026DutchPDF
Full model31/08/202431/01/202528/02/2025DutchPDF
Full model31/08/202326/01/202407/02/2024DutchPDF
Full model31/08/202227/01/202316/03/2023DutchPDF
Full model31/08/202128/01/202209/03/2022DutchPDF
Full model31/08/202029/01/202118/02/2021DutchPDF
Full model31/08/201931/01/202003/03/2020DutchPDF
Full model31/08/201825/01/201928/02/2019DutchPDF
Full model31/08/201727/01/201820/03/2018DutchPDF
Abridged model31/08/201627/01/201721/03/2017DutchPDF
Abridged model31/08/201529/01/201629/02/2016DutchPDF
Abridged model31/08/201430/01/201523/03/2015DutchPDF
Abridged model31/08/201331/01/201422/04/2014DutchPDF
Abridged model31/08/201225/01/201327/02/2013DutchPDF
Abridged model31/08/201127/02/201229/03/2012DutchPDF
Abridged model31/08/201028/01/201124/02/2011DutchPDF
Abridged model31/08/200929/01/201026/02/2010DutchPDF
Abridged model31/08/200830/01/200927/03/2009DutchPDF
Abridged model31/08/200725/01/200831/03/2008DutchPDF
Abridged model31/08/200626/01/200702/02/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/08/2025 · 2 active · 15 ended

Active mandates

Carmen Van den Bossche

Director · since 04 janvier 2024

Active
INVINT

Director · since 04 janvier 2024 · 0897.890.792

Represented by Marc Van den Bossche

Active

Ended mandates

INVINT

Director · since 04 janvier 2024 · 0897.890.792

Represented by Marc VAN DEN BOSSCHE

Ended
Carmen Van den Bossche

Director

Ended
Carmen Van Den Bossche

Manager

Ended
INVINT

Manager · 0897.890.792

Represented by Marc Van Den Bossche

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates09/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/03/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/07/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office29/08/2012
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office13/10/2010
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates26/05/2010
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares28/12/2005
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Capital / shares10/11/2003
    ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BOEKJAAR
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025298,7 k €
  2. 2024
    Annual accounts 2024270,7 k €
  3. 2023
    Annual accounts 2023245 k €
  4. 2022
    Annual accounts 2022248,6 k €
  5. 2021
    Annual accounts 2021132,5 k €
  6. 2020
    Annual accounts 2020-300,3 k €
  7. 2019
    Annual accounts 2019239,4 k €
  8. 2018
    Annual accounts 2018-269,9 k €
  9. 2017
    Annual accounts 2017-255,8 k €
  10. 2016
    Annual accounts 201616,5 k €
  11. 2015
    Annual accounts 201557,6 k €
  12. 2014
    Annual accounts 201433,8 k €
  13. 2013
    Annual accounts 2013241,8 k €
  14. 2012
    Annual accounts 2012275,6 k €
  15. 2011
    Annual accounts 2011418,1 k €
  16. 2010
    Annual accounts 2010-150,6 k €
  17. 2009
    Annual accounts 2009113,5 k €
  18. 2008
    Annual accounts 200860,6 k €
  19. 2007
    Annual accounts 200769,6 k €
  20. 11/02/1993
    IncorporationPrivate limited company