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GEOS Laboratories – site Wellen

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Financial year 2024 · closed on 31/12/2024

Net result

830,3 k €

+1058.9% YoY

Gross margin

3,7 M €

+19.7% YoY

Equity

1,9 M €

-71.7% YoY

Workforce

34,8 ETP

-2.0% YoY

What does GEOS Laboratories – site Wellen do?

GEOS Laboratories – site Wellen is a Public limited company incorporated in 2000. Its main activity is: Technical testing and analysis. Its registered office is in Wellen. It employs on average 34,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0473.407.708

Incorporation

01/12/2000

Legal form

Public limited company

Registered office

Hertenstraat 30
3830 Wellen · FlandreSee on map

Contributed capital

62 000,00 €

Latest accounts

31/12/2024

Average workforce

34,8 ETP

Activities (NACE)

71209Technical testing and analysis· main 71209Technical testing and analysis 74302Translation and interpretation activities

Joint committees (2)

Signals

ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	3,7 M €	+19.7%	3,1 M €	-16.3%	3,7 M €	-22.7%	4,8 M €	+45.2%	3,3 M €	+10.1%	3 M €	+0.3%	3 M €	+16.1%	2,6 M €	+0.8%	2,6 M €	+9.2%	2,4 M €	+10.9%	2,1 M €	+2.9%	2,1 M €	+4.5%	2 M €	+15.2%	1,7 M €	+21.6%	1,4 M €	+8.4%	1,3 M €	+18.3%	1,1 M €
EBITDA	1,4 M €	+103%	692,4 k €	-35.8%	1,1 M €	-61.3%	2,8 M €	+98.4%	1,4 M €	+12.4%	1,3 M €	-1.5%	1,3 M €	+38.4%	918 k €	-2.4%	940,9 k €	+6.9%	880 k €	+16.9%	752,6 k €	-6.5%	804,6 k €	-4.6%	843,8 k €	+2.2%	825,9 k €	+30.3%	633,9 k €	-2.9%	653 k €	+32.7%	492 k €
Operating result	844,7 k €	+470%	148,1 k €	-77.5%	657,4 k €	-73.3%	2,5 M €	+169%	913,1 k €	+27.6%	715,6 k €	-22.6%	924,5 k €	+69.6%	545,3 k €	+5.7%	516 k €	+4.4%	494,1 k €	+17.4%	420,9 k €	-8.7%	460,9 k €	-14.8%	540,7 k €	+1.4%	533,1 k €	+44.9%	368 k €	-4.6%	385,6 k €	+36.6%	282,3 k €
Net result	830,3 k €	+1059%	71,6 k €	-85.7%	502,4 k €	-80.9%	2,6 M €	+249%	751,6 k €	+49.0%	504,6 k €	-13.9%	586,3 k €	+62.0%	361,9 k €	-9.1%	398 k €	+11.0%	358,7 k €	+8.0%	332,2 k €	-1.6%	337,7 k €	-17.4%	408,9 k €	+4.0%	393,1 k €	+42.0%	277 k €	-3.7%	287,7 k €	+68.4%	170,9 k €
Balance sheet
Equity	1,9 M €	-71.7%	6,8 M €	+1.1%	6,7 M €	+8.1%	6,2 M €	+112%	2,9 M €	+5.4%	2,8 M €	+16.2%	2,4 M €	+24.5%	1,9 M €	+14.7%	1,7 M €	+20.2%	1,4 M €	+21.1%	1,2 M €	+23.2%	936,7 k €	+30.3%	719 k €	-36.4%	1,1 M €	+31.9%	857 k €	+23.3%	695 k €	+31.8%	527,3 k €
Total assets	6,6 M €	-26.2%	8,9 M €	-8.2%	9,7 M €	+7.7%	9 M €	+98.6%	4,5 M €	+11.8%	4 M €	+5.6%	3,8 M €	+22.2%	3,1 M €	+6.8%	2,9 M €	+4.2%	2,8 M €	+16.7%	2,4 M €	+11.7%	2,2 M €	+4.3%	2,1 M €	+13.6%	1,8 M €	+5.1%	1,7 M €	+12.9%	1,5 M €	+32.1%	1,2 M €
Cash	1,4 M €	+46.2%	960,3 k €	-45.2%	1,8 M €	-1.4%	1,8 M €	+5.6%	1,7 M €	+18.7%	1,4 M €	-17.0%	1,7 M €	+43.8%	1,2 M €	+81.3%	654,2 k €	-36.5%	1 M €	+122%	463,5 k €	-6.3%	494,7 k €	-48.7%	964,1 k €	+95.8%	492,4 k €	+147%	199 k €	-44.8%	360,7 k €	+31.1%	275,2 k €
Debts	4,6 M €	+124%	2,1 M €	-29.4%	2,9 M €	+7.1%	2,7 M €	+72.7%	1,6 M €	+26.0%	1,3 M €	-12.0%	1,4 M €	+28.5%	1,1 M €	-10.4%	1,2 M €	-12.7%	1,4 M €	+13.3%	1,3 M €	+2.6%	1,2 M €	-9.7%	1,4 M €	+94.7%	694,3 k €	-19.9%	866,7 k €	+2.8%	843 k €	+32.3%	637,3 k €
Other
Workforce	34,8 ETP	-2.0%	35,5 ETP	-0.8%	35,8 ETP	+10.5%	32,4 ETP	+9.1%	29,7 ETP	+8.4%	27,4 ETP	+2.2%	26,8 ETP	+1.5%	26,4 ETP	-3.3%	27,3 ETP	+5.4%	25,9 ETP	+6.6%	24,3 ETP	+7.5%	22,6 ETP	+5.6%	21,4 ETP	+3.4%	20,7 ETP	+30.2%	15,9 ETP	+8.2%	14,7 ETP	-1.3%	14,9 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 31/12/2024 · 1 active · 32 ended

Active mandates

GEOS

Director · since 01 janvier 2025 · 1016.021.550

Represented by Jan SOERS

Active

Ended mandates

Karel Mertens

Director · since 09 août 2018 · until 09 septembre 2024

Ended

Lucas Scholtis

Director · since 09 août 2018 · until 09 septembre 2024

Ended

Peter Maes

Director · since 09 août 2018 · until 09 septembre 2024

Ended

SOERS

Managing director · since 09 août 2018 · until 09 septembre 2024 · 0864.986.909

Represented by Jan SOERS

Ended

At this address

Other companies at this address

Company	CBE no.
HERA● Active	0735.409.656

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	04/07/2025	24/09/2024	29/09/2023	29/09/2022	29/10/2021	10/11/2020
General meeting	13/06/2025	09/09/2024	20/09/2023	26/09/2022	11/06/2021	08/09/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2024	13/06/2025	04/07/2025	Dutch	PDF
Abridged model	31/12/2023	09/09/2024	24/09/2024	Dutch	PDF
Abridged model	31/12/2022	20/09/2023	29/09/2023	Dutch	PDF
Abridged model	31/12/2021	26/09/2022	29/09/2022	Dutch	PDF
Abridged model	31/12/2020	11/06/2021	29/10/2021	Dutch	PDF
Abridged model	31/12/2019	08/09/2020	10/11/2020	Dutch	PDF
Abridged model	31/12/2018	14/06/2019	30/08/2019	Dutch	PDF
Abridged model	31/12/2017	09/08/2018	25/08/2018	Dutch	PDF
Abridged model	31/12/2016	16/08/2017	24/08/2017	Dutch	PDF
Abridged model	31/12/2015	25/08/2016	29/08/2016	Dutch	PDF
Abridged model	31/12/2014	12/06/2015	09/07/2015	Dutch	PDF
Abridged model	31/12/2013	13/06/2014	19/06/2014	Dutch	PDF
Abridged model	31/12/2012	14/06/2013	22/06/2013	Dutch	PDF
Abridged model	31/12/2011	08/06/2012	21/06/2012	Dutch	PDF
Abridged model	31/12/2010	10/06/2011	25/08/2011	Dutch	PDF
Abridged model	31/12/2009	11/06/2010	08/07/2010	Dutch	PDF
Abridged model	31/12/2008	12/06/2009	12/06/2009	Dutch	PDF
Abridged model	31/12/2007	13/06/2008	19/06/2008	Dutch	PDF
Abridged model	31/12/2006	08/06/2007	16/08/2007	Dutch	PDF

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 31/12/2024 · 1 active · 32 ended

Active mandates

GEOS

Director · since 01 janvier 2025 · 1016.021.550

Represented by Jan SOERS

Active

Ended mandates

Karel Mertens

Director · since 09 août 2018 · until 09 septembre 2024

Ended

Lucas Scholtis

Director · since 09 août 2018 · until 09 septembre 2024

Ended

Peter Maes

Director · since 09 août 2018 · until 09 septembre 2024

Ended

SOERS

Managing director · since 09 août 2018 · until 09 septembre 2024 · 0864.986.909

Represented by Jan SOERS

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates17/03/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/11/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - BENAMING - ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/02/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/09/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/05/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/06/2012
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/04/2009
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/05/2005
ONTSLAGEN - BENOEMINGEN
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

2024
Annual accounts 2024830,3 k €↑
2024
Name changeGEOS Laboratories – site Wellen
2023
Annual accounts 202371,6 k €↓
2022
Annual accounts 2022502,4 k €↓
2021
Annual accounts 20212,6 M €↑
2018
Annual accounts 2018751,6 k €↑
2017
Annual accounts 2017504,6 k €↓
2016
Annual accounts 2016586,3 k €↑
2015
Annual accounts 2015361,9 k €↓
2014
Annual accounts 2014398 k €↑
2013
Annual accounts 2013358,7 k €↑
2012
Annual accounts 2012332,2 k €↓
2011
Annual accounts 2011337,7 k €↓
2010
Annual accounts 2010408,9 k €↑
2009
Annual accounts 2009393,1 k €↑
2008
Annual accounts 2008277 k €↓
2007
Annual accounts 2007287,7 k €↑
2006
Annual accounts 2006170,9 k €
2006
Name changeGeos
01/12/2000
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

GEOS Laboratories – site Wellen

Overview

What does GEOS Laboratories – site Wellen do?

Trend over 17 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline