ACTIVE

GEODE

Financial year 2025 · closed on 31/12/2025
Net result
-41,4 k €
-351.5% YoY
Gross margin
184,9 k €
-4.2% YoY
Equity
293,9 k €
-12.3% YoY
Workforce
4,4 ETP
+29.4% YoY

What does GEODE do?

GEODE is a International non-profit organization incorporated in 2013. Its main activity is: Activities of business and employers membership organisations. Its registered office is in Bruxelles. It employs on average 4,4 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0539.934.365
Incorporation
03/10/2013
Legal form
International non-profit organization
Registered office
Avenue Marnix 28
1000 Bruxelles · BruxellesSee on map
Latest accounts
31/12/2025
Average workforce
4,4 ETP
Joint committees (2)
  • 335
  • 33500
Signals
Solid equityLow riskGood liquidityHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 11 financial years

20252024202320222021202020192018201720162014
Income statement
Gross margin184,9 k €193,1 k €173,1 k €206,5 k €225 k €203,3 k €100,4 k €54,6 k €11,9 k €61,2 k €4,7 k €
EBITDA-39,5 k €-7,9 k €-295,1 €37,9 k €58,2 k €115,5 k €67,2 k €34 k €1,4 k €47,7 k €4,7 k €
Operating result-39,9 k €-7,9 k €-13,1 k €37,9 k €58,2 k €115,5 k €66,7 k €34 k €1,4 k €47,7 k €4,7 k €
Net result-41,4 k €-9,2 k €-13,8 k €38,4 k €56,5 k €111,5 k €66,6 k €33,4 k €861 €47,2 k €4,2 k €
Balance sheet
Equity293,9 k €335,2 k €344,4 k €358,2 k €319,8 k €263,3 k €151,8 k €85,2 k €51,7 k €50,9 k €4,2 k €
Total assets333,8 k €371,8 k €403,9 k €431,1 k €404,6 k €352,5 k €309,4 k €233,8 k €192,6 k €212,8 k €181,7 k €
Cash326,6 k €365,2 k €399,4 k €423,4 k €302,4 k €212,1 k €237,8 k €179,1 k €149,2 k €175 k €70,2 k €
Debts39,9 k €36,6 k €59,5 k €51,2 k €83,6 k €84 k €149,8 k €144,9 k €140,8 k €145,6 k €177,4 k €
Other
Workforce4,4 ETP3,4 ETP0,0 ETP2,9 ETP3,0 ETP0,8 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 16 active · 162 ended

Active mandates

David Freed

Director · since 21 mai 2025

Active
Markus Lehtonen

Director · since 21 mai 2025

Active
Hans Kreisel

Director · since 10 juillet 2024

Active
Ina Erika Lehto

Director · since 10 juillet 2024

Active
Irene Bartol Mir

Director · since 10 juillet 2024

Active
Kaspar Andresen

Director · since 10 juillet 2024

Active
Thomas Maderbacher

Director · since 10 juillet 2024

Active
Unni Grete Farestveit

Director · since 10 juillet 2024

Active
Ignacio Cuerva

Director · since 26 mai 2023

Active
Lawrence Slade

Director · since 26 mai 2023

Active
Sebastian Kirchmann

Director · since 26 mai 2023

Active
Ramon Gallart

Director · since 17 juin 2021

Active
Christian Held

Director · since 30 août 2013

Active
Maria Del Carmen Gimeno de la Fuente

Director · since 30 août 2013

Active
Roland Tropper

Director · since 30 août 2013

Active
Ursula Tauschek

Director · since 30 août 2013

Active

Ended mandates

Julia Lindholm

Director · since 26 mai 2023

Ended
Christian, BBH Held

Director · since 30 mai 2022 · until 29 mai 2024

Ended
Hans, NORDION ENERGI Kreisel

Director · since 30 mai 2022 · until 29 mai 2024

Ended
Marios Tsakas

Director · since 17 juin 2021

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date25/06/202627/08/202531/07/202412/06/202307/07/202216/09/2021
General meeting20/05/202621/05/202531/03/202426/05/202330/05/202230/06/2021
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

12 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202520/05/202625/06/2026DutchPDF
Abridged model31/12/202421/05/202527/08/2025DutchPDF
Abridged model31/12/202331/03/202431/07/2024DutchPDF
Abridged model31/12/202226/05/202312/06/2023DutchPDF
Abridged model31/12/202130/05/202207/07/2022DutchPDF
Abridged model31/12/202030/06/202116/09/2021DutchPDF
Abridged model31/12/201902/05/202004/11/2020DutchPDF
Abridged model31/12/201831/07/201909/08/2019DutchPDF
Abridged model31/12/201729/05/201819/06/2018DutchPDF
Abridged model31/12/201611/05/201731/07/2017FrenchPDF
Abridged model31/12/201506/05/201631/08/2016DutchPDF
Abridged model31/12/201407/05/201529/05/2015DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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 31/12/2025 · 16 active · 162 ended

Active mandates

David Freed

Director · since 21 mai 2025

Active
Markus Lehtonen

Director · since 21 mai 2025

Active
Hans Kreisel

Director · since 10 juillet 2024

Active
Ina Erika Lehto

Director · since 10 juillet 2024

Active
Irene Bartol Mir

Director · since 10 juillet 2024

Active
Kaspar Andresen

Director · since 10 juillet 2024

Active
Thomas Maderbacher

Director · since 10 juillet 2024

Active
Unni Grete Farestveit

Director · since 10 juillet 2024

Active
Ignacio Cuerva

Director · since 26 mai 2023

Active
Lawrence Slade

Director · since 26 mai 2023

Active
Sebastian Kirchmann

Director · since 26 mai 2023

Active
Ramon Gallart

Director · since 17 juin 2021

Active
Christian Held

Director · since 30 août 2013

Active
Maria Del Carmen Gimeno de la Fuente

Director · since 30 août 2013

Active
Roland Tropper

Director · since 30 août 2013

Active
Ursula Tauschek

Director · since 30 août 2013

Active

Ended mandates

Julia Lindholm

Director · since 26 mai 2023

Ended
Christian, BBH Held

Director · since 30 mai 2022 · until 29 mai 2024

Ended
Hans, NORDION ENERGI Kreisel

Director · since 30 mai 2022 · until 29 mai 2024

Ended
Marios Tsakas

Director · since 17 juin 2021

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates11/09/2026
    DEMISSIONS ET NOMINATIONS
    PDF
  • Mandates28/11/2025
    DEMISSIONS ET NOMINATIONS
    PDF
  • Mandates23/08/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates24/11/2023
    DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates03/02/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Other14/10/2013
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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 2025-41,4 k €
  2. 2024
    Annual accounts 2024-9,2 k €
  3. 2024
    Name changeGEODE AISBL
  4. 2023
    Annual accounts 2023-13,8 k €
  5. 2022
    Annual accounts 202238,4 k €
  6. 2021
    Annual accounts 202156,5 k €
  7. 2021
    Name changeGeode
  8. 2020
    Annual accounts 2020111,5 k €
  9. 2019
    Annual accounts 201966,6 k €
  10. 2018
    Annual accounts 201833,4 k €
  11. 2017
    Annual accounts 2017861 €
  12. 2016
    Annual accounts 201647,2 k €
  13. 2014
    Annual accounts 20144,2 k €
  14. 03/10/2013
    IncorporationInternational non-profit organization