ACTIVE

Geothermal Innovation & Services

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Financial year 2025 · Closed on 31/12/2025

Net result22,3 k €-17,3 %over 1 year
Gross margin127,2 k €-25,2 %over 1 year
Equity373 k €+6,4 %over 1 year

Identity

Source · BCE/KBO

Geothermal Innovation & Services is a Public limited company incorporated in 2022. Its main activity is: Steam and air conditioning supply. Its registered office is in Schaerbeek.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0785.574.789
Incorporation
29/04/2022
Legal form
Public limited company
Registered office
Rue du Progrès 189
1030 Schaerbeek · BruxellesSee on map
Contributed capital
300 000,00 €
Latest accounts
31/12/2025
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 4 filings

Trend over 4 financial years

2025202420232022
Income statement
Gross margin127,2 k €170,2 k €156,9 k €30,6 k €
EBITDA127,2 k €170,2 k €156,8 k €30,6 k €
Operating result75,9 k €118,8 k €107,1 k €9,6 k €
Net result22,3 k €27 k €29,5 k €-5,8 k €
Balance sheet
Equity373 k €350,7 k €323,7 k €294,2 k €
Total assets1,3 M €1,2 M €1,4 M €1,3 M €
Cash381,2 k €257,1 k €424 k €253,1 k €
Debts739,8 k €708,8 k €1 M €1 M €

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

6 active · 1 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
RisasoN0471.645.771Represented by Rik Neckebroeck
Director01/04/2024 → 14/06/2028
ADVIESBUREAU INZAKE GRONDWATERTECHNIEKEN0459.259.762Represented by Jozef VAN STEENWINKEL
Director29/04/2022 → 14/06/2028
Bert DE WINTER
Director29/04/2022 → 14/06/2028
DW CONSULTING0844.425.580Represented by Kristoff DE WINNE
Director29/04/2022 → 14/06/2028
Mercurius Value Creation0598.901.853Represented by Geert VERACHTERT
Director29/04/2022 → 14/06/2028
Sammy WUYTS
Director29/04/2022 → 14/06/2028

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
PG CONSULTING0683.475.559Represented by Philip GORIS
Director29/04/2022 → 2024 accounts

Other companies at this address

Rue du Progrès 189 1030 Schaerbeek
CompanyCBE no.
Riopact● Active
1008.433.477
Vlaamse Maatschappij voor Watervoorziening● Active
0224.771.467

Full financial information

Source · NBB
2025202420232022
Type of accountAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202329/04/2022
Closing of the financial year31/12/202531/12/202431/12/202331/12/2022
Length of the financial year12 months12 months12 months9 months
Filing date22/09/202610/07/202516/10/202409/08/2023
General meeting29/06/202620/06/202520/09/202414/06/2023
Currency of the financial yearEUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 4 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202529/06/202622/09/2026DutchPDF
Abridged model31/12/202420/06/202510/07/2025DutchPDF
Abridged model31/12/202320/09/202416/10/2024DutchPDF
Abridged model31/12/202214/06/202309/08/2023DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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

6 active · 1 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
RisasoN0471.645.771Represented by Rik Neckebroeck
Director01/04/2024 → 14/06/2028
ADVIESBUREAU INZAKE GRONDWATERTECHNIEKEN0459.259.762Represented by Jozef VAN STEENWINKEL
Director29/04/2022 → 14/06/2028
Bert DE WINTER
Director29/04/2022 → 14/06/2028
DW CONSULTING0844.425.580Represented by Kristoff DE WINNE
Director29/04/2022 → 14/06/2028
Mercurius Value Creation0598.901.853Represented by Geert VERACHTERT
Director29/04/2022 → 14/06/2028
Sammy WUYTS
Director29/04/2022 → 14/06/2028

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
PG CONSULTING0683.475.559Represented by Philip GORIS
Director29/04/2022 → 2024 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates12/07/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other03/05/2022
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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
Filings4 filings
Mandates
RisasoN
ADVIESBUREAU INZAKE GRONDWATERTECHNIEKEN
Mercurius Value Creation
DW CONSULTING
Bert DE WINTER
Sammy WUYTS
PG CONSULTING
2022202320242025202620272028
Geothermal Innovation & Services
Rue du Progrès 189, 1030 Schaerbeek
Director
Director
Director
Director
Director
Director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Rue du Progrès 189, 1030 SchaerbeekCurrent
accounts 2022 → 2025
Accounts 2025 · 2026-00528348

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
Geothermal Innovation & ServicesCurrent
accounts 2022 → 2025
Accounts 2025 · 2026-00528348

Events

  1. 2025
    Annual accounts 202522,3 k €↓
  2. 2024
    Annual accounts 202427 k €↓
  3. 2023
    Annual accounts 202329,5 k €↑
  4. 2022
    Annual accounts 2022-5,8 k €
  5. 29/04/2022
    IncorporationPublic limited company