Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Figures corrected NBB
Corrected annual account filed for 2023.
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Busy address KBO
58 other companies have their registered office at the same address; threshold 10.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2024
Immobilière de la Toison d'Or from Ukkel, company number BE0400348001, closed financial year 2024 with a result of € -3.8 million after tax. For that financial year Immobilière de la Toison d'Or recorded revenue of € 1.4 million and equity of € 33 million. Compared with financial year 2023, the result moved from € 1.4 million to € -3.8 million. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on December 23, 2025.
€ 33 million
▼ 10% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -3.8 million
▼ still € 1.4 million profit in 2023
Profit after tax over the fiscal year.
€ 81,157
▲ € 80,249 vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 19 million.
Debts at end 2024
€ 17.5 million
▼ 2% vs 2023
€ 181,983 is repaid this year. At this pace the long-term loan is gone in ≈ 41 years.
€ 449,989
▼ 4% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 649 days on average.
€ 3 million
▲ 5% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 1,212,594 | € 1,317,103 | € 1,790,225 | € 1,432,870 | ▼ 20% |
| Profit after taxes | € 757,316 | € 252,321 | € 1,352,220 | € -3,771,057 | ▼ € 5.1 million |
| Equity | € 26,901,084 | € 35,373,406 | € 36,725,625 | € 32,954,569 | ▼ 10% |
| Total debts | € 25,971,540 | € 22,146,329 | € 22,908,898 | € 24,703,767 | ▲ 8% |
| Cash | € 99,518 | € 288 | € 907 | € 81,157 | ▲ € 80,249 |
| Land & buildings | € 30,525,602 | € 33,852,573 | € 32,743,908 | € 31,629,091 | ▼ 3% |
| Retained profit | € 21,167,598 | € 21,419,919 | € 22,772,139 | € 19,001,083 | ▼ 17% |
| Bank debt | € 19,881,302 | € 19,280,111 | € 17,796,412 | € 17,527,365 | ▼ 2% |
| Balance sheet total | € 59,304,901 | € 64,815,246 | € 65,145,812 | € 65,643,899 | ▲ 1% |
Key figures of Immobilière de la Toison d'Or, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Immobilière de la Toison d'Or?
What happened at Immobilière de la Toison d'Or in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
Immobilière de la Toison d'Or is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2024: loss of € 3.8 million (▼ € 5.1 million vs 2023). filed late Source: NBB ↗
- MANAGEMENT GESTION & SERVICES 'M.G.S.' became a director. NBB
- New establishment in Ukkel. KBO
- Start of the company according to the CBE. KBO
In short
From € 757,316 profit in 2021 to € 3.8 million loss in 2024.
Paid € 4.6 million in corporate taxes since 2021.
Best year ever: 2023, with € 1.4 million profit.
Management
The stake of SOCIETE DE GESTION FINANCIERE ET IMMOBILIERE BELGE, TD IMMO INVEST, LOUISE VILLAGE SA, SONIMO, IMMOBILIERE DEFACQZ - LIVOURNE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Immobilière de la Toison d'OrBehind Immobilière de la Toison d'Or is MANAGEMENT GESTION & SERVICES 'M.G.S.'. The shares are held by SOCIETE DE GESTION FINANCIERE ET IMMOBILIERE BELGE (100%), TD IMMO INVEST (45.6%), LOUISE VILLAGE SA (40.1%), SONIMO (9%) and IMMOBILIERE DEFACQZ - LIVOURNE (5.4%). It owns 26.4% of GROUPE GH itself.
Directors
According to the 2024 annual accounts
MANAGEMENT GESTION & SERVICES 'M.G.S.'
Director · represented by Gérald HIBERT
Also active at: Société d'Etudes et de Réalisations de la Galerie Louise, SOFONA, Immobilière Cordier, AGRIFOR, SINACO, IMMOBILIERE CHAMBERY, FAVOS, IMMOBILIERE ET FINANCIERE PIERRE ALEXANDRE +35 more
since 2024
Shareholders
Participations
26.4%
Establishments
Establishment units
Physical locations of this company
Waterloosesteenweg 1135
1180 Ukkel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 58 companies are registered at this address.
All companies at this address →Société d'Etudes et de Réalisations de la Galerie Louise same network
€ 254,653 revenue · 2024
SOFONA same network
€ 2.4 million revenue · 2024
Immobilière Cordier same network
€ 99,592 gross margin · 2024
AGRIFOR same network
€ 652,273 gross margin · 2024
WEALTHEON
+53 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0400.348.001
- VAT number
- BE 0400.348.001
- Registered office
- Waterloosesteenweg 1135, 1180 Ukkel
- Names & denominations
- Immobilière de la Toison d'Or
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Opening faillissement
- Start date
- 1 August 1932
- Peppol
- Active · Active since 11 Jan 2026
- Activities · NACE
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