ACTIVE

GeoSquare Procurement

Financial year 2025 · Closed on 31/12/2025

Net result2,1 M €-39,8 %over 1 year
Revenue9,6 M €-6,7 %over 1 year
Equity3 M €-46,9 %over 1 year
Workforce0,0 ETP

Identity

Source · BCE/KBO

GeoSquare Procurement is a Public limited company incorporated in 2019. Its main activity is: Computer consultancy activities. Its registered office is in Edegem.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0720.490.957
Incorporation
08/02/2019
Legal form
Public limited company
Registered office
Prins Boudewijnlaan 41
2650 Edegem · FlandreSee on map
Contributed capital
217 000,00 €
Latest accounts
31/12/2025
Average workforce
0,0 ETP
Signals
ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 6 filings

Trend over 6 financial years

20252024202320222021
Income statement
Revenue9,6 M €10,3 M €10,1 M €9,9 M €10,3 M €
EBITDA303,1 k €312 k €385,6 k €588,5 k €465,1 k €
Operating result303,1 k €311,9 k €385,2 k €588,2 k €464,8 k €
Net result2,1 M €3,6 M €302,8 k €467,7 k €372,3 k €
Balance sheet
Equity3 M €5,7 M €2,1 M €1,8 M €1,3 M €
Total assets7,8 M €11,8 M €8 M €8,3 M €7,2 M €
Cash2,6 M €456,3 k €120,1 k €272,6 k €116,5 k €
Debts4,7 M €6,2 M €5,9 M €6,5 M €5,8 M €
Other
Workforce0,0 ETP0,0 ETP–––

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 4 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
CoodeR0819.610.408Represented by Martine de Ruijter
Director12/04/2021 → 10/06/2027
ELEV80524.830.079Represented by Bart Suy
Director12/04/2021 → 10/06/2027
GEO SQUARE0863.846.267Represented by Dirk Lambrechts
Director09/11/2019 → 10/06/2027

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Benoit Graulich
Directorlisted until the 2020 accounts
Bert Godefroid
Directorlisted until the 2020 accounts
De Cronos Groep0467.132.994Represented by Dirk Deroost
Director07/02/2019 → 2020 accounts
Josephus de Wit
Director07/02/2019 → 2020 accounts

Other companies at this address

Prins Boudewijnlaan 41 2650 Edegem
CompanyCBE no.
Aptus● Active
0568.855.609
Asteria II● Active
0777.263.275
Atecon● Active
0545.776.339
ATECON● Active
0408.677.925
AutoPilot● Active
1016.919.096
0444.982.946
Factivity● Active
0719.277.566
GARO● Active
0817.398.412
0764.933.486
GEO SQUARE● Active
0863.846.267
0888.908.493
0818.285.268
humDot● Active
0508.746.687
i-Move● Active
0884.158.166
NATAB● Active
0817.385.742
NEORIA● Active
0808.064.240
Nine Of Clubs● Active
0771.492.468
0648.966.820
SEVEN BEAUFORT● Active
0778.299.096
Suivo● Active
0820.531.116

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202107/02/2019
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 months23 months
Filing date17/07/202623/06/202527/06/202417/07/202326/08/202227/08/2021
General meeting26/06/202612/06/202513/06/202428/06/202329/07/202205/08/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 6 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202526/06/202617/07/2026DutchPDF
Abridged model31/12/202412/06/202523/06/2025DutchPDF
Full model31/12/202313/06/202427/06/2024DutchPDF
Full model31/12/202228/06/202317/07/2023DutchPDF
Full model31/12/202129/07/202226/08/2022DutchPDF
Full model31/12/202005/08/202127/08/2021DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 4 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
CoodeR0819.610.408Represented by Martine de Ruijter
Director12/04/2021 → 10/06/2027
ELEV80524.830.079Represented by Bart Suy
Director12/04/2021 → 10/06/2027
GEO SQUARE0863.846.267Represented by Dirk Lambrechts
Director09/11/2019 → 10/06/2027

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Benoit Graulich
Directorlisted until the 2020 accounts
Bert Godefroid
Directorlisted until the 2020 accounts
De Cronos Groep0467.132.994Represented by Dirk Deroost
Director07/02/2019 → 2020 accounts
Josephus de Wit
Director07/02/2019 → 2020 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates30/10/2026
    ONTSLAGEN, BENOEMINGEN
    PDF
  • Other16/07/2026
    BENAMING, STATUTEN (VERTALING, COORDINATIE, OVERIGE
    PDF
  • Mandates02/10/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/08/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/05/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/04/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/12/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/01/2020
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings6 filings
Mandates
ELEV8
CoodeR
GEO SQUARE
Benoit Graulich
Bert Godefroid
De Cronos Groep
Josephus de Wit
201920202021202220232024202520262027
Localyse Group
Prins Boudewijnlaan 41, 2650 Edegem
Director
Director
Director
Director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Prins Boudewijnlaan 41, 2650 EdegemCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00306232

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
GeoSquare ProcurementCurrent
CBE
Localyse Group
accounts 2020 → 2025
Accounts 2025 · 2026-00306232

Events

  1. 2025
    Annual accounts 20252,1 M €↓
  2. 2024
    Annual accounts 20243,6 M €↑
  3. 2023
    Annual accounts 2023302,8 k €↓
  4. 2022
    Annual accounts 2022467,7 k €↑
  5. 2021
    Annual accounts 2021372,3 k €↓
  6. 2020
    Annual accounts 2020749,3 k €
  7. 08/02/2019
    IncorporationPublic limited company