ACTIVE

GE'OLIVE

Financial year 2025 · Closed on 30/06/2025

Net result394,2 k €+19,0 %over 1 year

Gross margin890,3 k €+10,0 %over 1 year

Equity1,7 M €+6,0 %over 1 year

Identity

Source · BCE/KBO

GE'OLIVE is a Private limited company incorporated in 2007. Its main activity is: Plumbing, heat and air-conditioning installation. Its registered office is in Wellin.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0892.444.045
Incorporation: 01/10/2007
Legal form: Private limited company
Registered office: Rue de Marcatin,Chanly 38
6921 Wellin · WallonieSee on map
Contributed capital: 25 000,00 €
Latest accounts: 30/06/2025

Activities (NACE)

43222Plumbing, heat and air-conditioning installation· main 43222Plumbing, heat and air-conditioning installation 45331Sale of motor vehicle parts and accessories 43221Plumbing, heat and air-conditioning installation 43221Plumbing, heat and air-conditioning installation 45332Sale of motor vehicle parts and accessories

Contacts

2 public details availableLog in to view

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 17 filings

Trend over 17 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	890,3 k €	+10.0%	809,3 k €	-1.1%	817,9 k €	+40.9%	580,5 k €	+19.3%	486,7 k €
EBITDA	648,3 k €	+19.1%	544,3 k €	-10.6%	609,1 k €	+45.3%	419,2 k €	+22.2%	343 k €
Operating result	558 k €	+19.9%	465,4 k €	-15.8%	552,5 k €	+50.0%	368,2 k €	+19.7%	307,6 k €
Net result	394,2 k €	+19.0%	331,3 k €	-11.9%	376,1 k €	+48.5%	253,3 k €	+7.1%	236,4 k €
Balance sheet
Equity	1,7 M €	+6.0%	1,6 M €	+23.1%	1,3 M €	+42.1%	892,6 k €	+39.5%	639,9 k €
Total assets	2,6 M €	+17.1%	2,2 M €	+38.9%	1,6 M €	+21.4%	1,3 M €	+19.9%	1,1 M €
Cash	862,6 k €	+409%	169,3 k €	-14.4%	197,8 k €	-47.0%	373,4 k €	-12.8%	428,4 k €
Debts	924,4 k €	+43.7%	643,5 k €	+106%	312,7 k €	-23.9%	411 k €	-8.0%	446,9 k €
Other
Workforce	–		–		3,1 ETP	+3.3%	3,0 ETP	-50.0%	6,0 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 30/06/2025

1 active · 1 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Frédéric Vandesande	Managersince 01/10/2007Director01/10/2007 → 2023 accountsendedMandate2012 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Olivier Schadeck	Manager01/01/2011 → 2016 accountsMandate2012 accounts

Other companies at this address

Rue de Marcatin,Chanly 38 6921 Wellin

Company	CBE no.
GEO-IMMO● Active	0802.681.631
Young Cyclists Support asbl● Active	0740.790.681

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	27/11/2025	03/12/2024	25/10/2023	04/10/2022	23/11/2021	30/10/2020
General meeting	23/09/2025	02/12/2024	25/10/2023	27/09/2022	19/11/2021	30/10/2020
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

Financial ratios

Source · NBB

Looking for more information about this company?

Try for free

Annual accounts filings

Source · NBB, 17 filings

Model	Closing	General meeting	Filed	Language	Document
Micro model	30/06/2025	23/09/2025	27/11/2025	French	PDF
Micro model	30/06/2024	02/12/2024	03/12/2024	French	PDF
Abridged model	30/06/2023	25/10/2023	25/10/2023	French	PDF
Abridged model	30/06/2022	27/09/2022	04/10/2022	French	PDF
Abridged model	30/06/2021	19/11/2021	23/11/2021	French	PDF
Abridged model	30/06/2020	30/10/2020	30/10/2020	French	PDF
Abridged model	30/06/2019	02/12/2019	06/12/2019	French	PDF
Abridged model	30/06/2018	21/12/2018	21/12/2018	French	PDF
Abridged model	30/06/2017	15/12/2017	23/01/2018	French	PDF
Abridged model	30/06/2016	16/12/2016	05/01/2017	French	PDF
Abridged model	30/06/2015	18/12/2015	22/12/2015	French	PDF
Abridged model	30/06/2014	19/12/2014	24/12/2014	French	PDF
Abridged model	30/06/2013	20/12/2013	20/12/2013	French	PDF
Abridged model	30/06/2012	21/12/2012	04/01/2013	French	PDF
Abridged model	30/06/2011	16/12/2011	04/01/2012	French	PDF
Abridged model	31/12/2009	28/05/2010	31/08/2010	French	PDF
Abridged model	31/12/2008	22/05/2009	29/09/2009	French	PDF

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 30/06/2025

1 active · 1 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Frédéric Vandesande	Managersince 01/10/2007Director01/10/2007 → 2023 accountsendedMandate2012 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Olivier Schadeck	Manager01/01/2011 → 2016 accountsMandate2012 accounts

Ownership and network

Looking for more information about this company?

Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette

Restructuring13/02/2026
DENOMINATION - OBJET - CAPITAL, ACTIONS - ASSEMBLEE GENERALE - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring05/12/2025
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Mandates22/11/2022
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - OBJET - DEMISSIONS, NOMINATIONS
PDF
Mandates07/03/2017
DEMISSION GERANT
PDF
Mandates17/12/2010
DENOMINATION - OBJET - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE - ANNEE COMPTABLE - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Other03/10/2007
Constitution
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

Filings17 filings

Mandates

Frédéric Vandesande

Olivier Schadeck

20072008200920102011201220132014201520162017201820192020202120222023202420252026

GEO-THERM

Rue de Marcatin,Chanly 38, 6921 Chanly

ManagerDirector

Manager

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Rue de Marcatin,Chanly 38, 6921 ChanlyCurrent	accounts 2022 → 2025	Accounts 2025 · 2025-00573104

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
GE'OLIVECurrent		CBE
GEO-THERM	accounts 2022 → 2025	Accounts 2025 · 2025-00573104

Events

2025
Annual accounts 2025394,2 k €↑
2024
Annual accounts 2024331,3 k €↓
2023
Annual accounts 2023376,1 k €↑
2022
Annual accounts 2022253,3 k €↑
2021
Annual accounts 2021236,4 k €↓
2020
Annual accounts 2020299,1 k €↑
2019
Annual accounts 201973 k €↑
2018
Annual accounts 201863 k €↑
2017
Annual accounts 201740 k €↑
2016
Annual accounts 201617,1 k €↓
2015
Annual accounts 201540,8 k €↓
2014
Annual accounts 201465 k €↓
2013
Annual accounts 201372,1 k €↑
2012
Annual accounts 201227,7 k €↓
2011
Annual accounts 2011162,9 k €↑
2009
Annual accounts 200996,3 k €↑
2008
Annual accounts 200861 k €
01/10/2007
IncorporationPrivate limited company

GE'OLIVE

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events