ACTIVE

Geo-Groep

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Financial year 2025 · Closed on 31/12/2025

Net result1,4 M €+36,4 %over 1 year
Revenue12,8 M €+4,0 %over 1 year
Equity12,5 M €+12,6 %over 1 year
Workforce27,3 ETP+2,2 %over 1 year

Identity

Source · BCE/KBO

Geo-Groep is a Public limited company incorporated in 2006. Its main activity is: Sewerage. Its registered office is in Geel. It employs on average 27,3 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0881.314.284
Incorporation
15/05/2006
Legal form
Public limited company
Registered office
Lammerdries 18
2440 Geel · FlandreSee on map
Contributed capital
200 000,00 €
Latest accounts
31/12/2025
Average workforce
27,3 ETP
Joint committees (3)
  • 14204
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 20 financial years

20252024202320222021
Income statement
Revenue12,8 M €12,3 M €13 M €11,6 M €9,8 M €
EBITDA1,8 M €1,8 M €2,3 M €1,7 M €2 M €
Operating result1,1 M €1,3 M €1,8 M €1,2 M €1,2 M €
Net result1,4 M €1 M €1,4 M €894,8 k €958,9 k €
Balance sheet
Equity12,5 M €11,1 M €10,1 M €8,7 M €7,8 M €
Total assets15,7 M €14,3 M €12,8 M €11,2 M €9,4 M €
Cash1,5 M €769,5 k €2,1 M €2,4 M €3,2 M €
Debts3,2 M €3,2 M €2,7 M €2,5 M €1,6 M €
Other
Workforce27,3 ETP26,7 ETP28,5 ETP30,3 ETP28,2 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 50 ended

Active mandates

Alnibo Groep

Director · since 01 janvier 2026 · until 30 mai 2031 · 0875.738.665

Represented by Alexander Borgmans

Active
Annemie Vandebril

Director · since 01 janvier 2026 · until 30 mai 2031

Active
Geert Scheepers

Director · since 01 janvier 2026 · until 30 mai 2031

Active
Smart Invest

Director · since 01 janvier 2026 · until 30 mai 2031 · 0652.603.231

Represented by Maxim De Witte

Active
Tony Borgmans

Managing director · since 01 janvier 2026 · until 30 mai 2031

Active

Ended mandates

Alnibo Groep

Managing director · since 30 mai 2025 · until 31 mai 2027 · 0875.738.665

Represented by Tony Borgmans

Ended
GEO-ENGINEERING

Director · since 30 mai 2025 · until 31 mai 2027 · 0786.301.794

Represented by Annemie Vandebril

Ended
Annemie Vandebril

Director · since 20 décembre 2023 · until 31 mai 2027

Ended
Tony Borgmans

Managing director · since 20 décembre 2023 · until 31 mai 2027

Ended

Other companies at this address

Lammerdries 18 2440 Geel
CompanyCBE no.
ALNIBO● Active
1034.212.515
Alnibo Groep● Active
0875.738.665
BORIT● Active
0823.517.924
Geo-Aquaplus● Active
0638.985.421
GEO-ENGINEERING● Active
0786.301.794
GEO-PARK● Active
0881.887.673
GEO-REAL ESTATE● Active
0420.647.923
Hydro Global Solution● Active
0770.305.704
PARTNERS IN MARKETING● Active
0473.557.265
VERIDE● Active
0537.557.370
Veride Management● Active
1040.343.509

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull 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 date17/06/202625/06/202519/06/202415/06/202316/06/202214/06/2021
General meeting29/05/202630/05/202531/05/202431/05/202331/05/202231/05/2021
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, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202529/05/202617/06/2026DutchPDF
Full model31/12/202430/05/202525/06/2025DutchPDF
Full model31/12/202331/05/202419/06/2024DutchPDF
Full model31/12/202231/05/202315/06/2023DutchPDF
Full model31/12/202131/05/202216/06/2022DutchPDF
Abridged model31/12/202031/05/202114/06/2021DutchPDF
Abridged model31/12/201929/05/202010/06/2020DutchPDF
Abridged model31/12/201831/05/201926/06/2019DutchPDF
Abridged model30/06/201830/11/201821/12/2018DutchPDF
Abridged model30/06/201730/11/201701/12/2017DutchPDF
Full model31/12/201531/05/201624/06/2016DutchPDF
Full model31/12/201429/05/201522/06/2015DutchPDF
Full model31/12/201331/05/201427/06/2014DutchPDF
Full model31/12/201231/05/201327/06/2013DutchPDF
Full model31/12/201131/05/201226/06/2012DutchPDF
Full model31/12/201031/05/201109/06/2011DutchPDF
Full model31/12/200931/05/201003/06/2010DutchPDF
Abridged model31/12/200829/05/200908/06/2009DutchPDF
Abridged model31/12/200730/05/200805/06/2008DutchPDF
Abridged model31/12/200631/05/200707/06/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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

5 active · 50 ended

Active mandates

Alnibo Groep

Director · since 01 janvier 2026 · until 30 mai 2031 · 0875.738.665

Represented by Alexander Borgmans

Active
Annemie Vandebril

Director · since 01 janvier 2026 · until 30 mai 2031

Active
Geert Scheepers

Director · since 01 janvier 2026 · until 30 mai 2031

Active
Smart Invest

Director · since 01 janvier 2026 · until 30 mai 2031 · 0652.603.231

Represented by Maxim De Witte

Active
Tony Borgmans

Managing director · since 01 janvier 2026 · until 30 mai 2031

Active

Ended mandates

Alnibo Groep

Managing director · since 30 mai 2025 · until 31 mai 2027 · 0875.738.665

Represented by Tony Borgmans

Ended
GEO-ENGINEERING

Director · since 30 mai 2025 · until 31 mai 2027 · 0786.301.794

Represented by Annemie Vandebril

Ended
Annemie Vandebril

Director · since 20 décembre 2023 · until 31 mai 2027

Ended
Tony Borgmans

Managing director · since 20 décembre 2023 · until 31 mai 2027

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates14/01/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/10/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/09/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/08/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/09/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/08/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/01/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/08/2022
    ONTSLAGEN - BENOEMINGEN
    PDF

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 20251,4 M €↑
  2. 2024
    Annual accounts 20241 M €↓
  3. 2023
    Annual accounts 20231,4 M €↑
  4. 2022
    Annual accounts 2022894,8 k €↓
  5. 2021
    Annual accounts 2021958,9 k €↑
  6. 2020
    Annual accounts 2020936,3 k €↓
  7. 2019
    Annual accounts 20191,4 M €↑
  8. 2018
    Annual accounts 2018246 k €↓
  9. 2018
    Annual accounts 2018564,9 k €↓
  10. 2017
    Annual accounts 20171,2 M €↑
  11. 2015
    Annual accounts 20151 M €↓
  12. 2014
    Annual accounts 20141,3 M €↑
  13. 2014
    Name changeGeo-Groep N.V.
  14. 2013
    Annual accounts 2013868,9 k €↓
  15. 2012
    Annual accounts 2012891 k €↓
  16. 2011
    Annual accounts 20111,3 M €↑
  17. 2010
    Annual accounts 20101,1 M €↑
  18. 2009
    Annual accounts 20091,1 M €↑
  19. 2008
    Annual accounts 20081,1 M €↓
  20. 2007
    Annual accounts 20071,4 M €↑
  21. 2006
    Annual accounts 2006273,3 k €
  22. 15/05/2006
    IncorporationPublic limited company
  23. 2006
    Name changeGeo-Milieu West