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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Tight liquidity NBB
Cash and receivables cover 16 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GAGAR IMMO from Sint-Gillis (bij-Brussel), company number BE0402674912, closed financial year 2025 with a result of € -2,973 after tax. For that financial year GAGAR IMMO recorded a gross margin of € 255,548 and equity of € 471,561. Compared with financial year 2024, the result moved from € 28,524 to € -2,973. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 471,561
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2,973
▼ still € 28,524 profit in 2024
Profit after tax over the fiscal year.
€ 60,786
▲ 56% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 409,561.
People and assets in 2025
€ 836
▼ 39% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2.4 million
▼ 4% vs 2024
€ 320,462 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 61,893
▲ € 60,080 vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 182,299 | € 159,841 | € 271,160 | € 255,548 | ▼ 6% |
| Profit after taxes | € -107,151 | € 156,278 | € 28,524 | € -2,973 | ▼ € 31,497 |
| Equity | € 289,733 | € 446,011 | € 474,535 | € 471,561 | ▼ 1% |
| Total debts | € 3,504,320 | € 2,962,274 | € 2,825,738 | € 2,687,771 | ▼ 5% |
| Cash | € 110,922 | € 107,929 | € 38,892 | € 60,786 | ▲ 56% |
| Land & buildings | € 3,191,523 | € 3,112,480 | € 3,040,542 | € 3,050,329 | |
| Retained profit | € 227,733 | € 384,011 | € 412,535 | € 409,561 | ▼ 1% |
| Bank debt | € 2,760,542 | € 2,671,306 | € 2,561,879 | € 2,449,694 | ▼ 4% |
| Balance sheet total | € 3,866,351 | € 3,475,419 | € 3,362,243 | € 3,216,138 | ▼ 4% |
Key figures of GAGAR IMMO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to GAGAR IMMO?
What happened at GAGAR IMMO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 2,973 (▼ € 31,497 vs 2024). filed late Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Sint-Gillis (bij-Brussel). KBO
In short
From € 107,151 loss in 2022 to € 2,973 loss in 2025.
Best year ever: 2023, with € 156,278 profit.
Management
Behind GAGAR IMMO is Georges LAFOSSE. It owns 96.5% of Exmapla itself.
Directors
According to the 2025 annual accounts
Georges LAFOSSE
Director
Establishments
Establishment units
Physical locations of this company
Waterlose Steenweg 1389
1060 Sint-Gillis (bij-Brussel)
Sint-Bernardusstraat 34
1060 Sint-Gillis (bij-Brussel)
Active since 1 February 1956
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0402.674.912
- VAT number
- BE 0402.674.912
- Registered office
- Waterlose Steenweg 1389, 1060 Sint-Gillis (bij-Brussel)
- Names & denominations
- GAGAR IMMO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1968
- Peppol
- Active · Active since 12 Jan 2026
- Activities · NACE
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