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 6 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Immobilière Grand-Air from Waterloo, company number BE0406205811, closed financial year 2025 with a result of € -12,917 after tax. For that financial year Immobilière Grand-Air recorded a gross margin of € 9,855 and equity of € 251,396. Compared with financial year 2024, the result moved from € 12,054 to € -12,917. 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 August 21, 2026.
€ 251,396
▼ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -12,917
▼ still € 12,054 profit in 2024
Profit after tax over the fiscal year.
€ 5,626
▲ 23% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -48,555.
Debts at end 2025
€ 85,741
€ 7,553 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 1,693
▼ 12% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 69
▼ 65% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 10,730 | € 12,904 | € 22,741 | € 9,855 | ▼ 57% |
| Profit after taxes | € -236 | € 2,705 | € 12,054 | € -12,917 | ▼ € 24,971 |
| Equity | € 249,553 | € 252,258 | € 264,313 | € 251,396 | ▼ 5% |
| Total debts | € 91,312 | € 91,179 | € 70,202 | € 180,378 | ▲ 157% |
| Cash | € 7,608 | € 7,811 | € 4,558 | € 5,626 | ▲ 23% |
| Land & buildings | € 331,515 | € 331,751 | € 328,011 | € 424,172 | ▲ 29% |
| Retained profit | € -50,398 | € -47,693 | € -35,638 | € -48,555 | ▼ € 12,917 |
| Bank debt | € 0 | € 0 | € 0 | € 85,741 | |
| Balance sheet total | € 340,866 | € 343,437 | € 334,514 | € 431,774 | ▲ 29% |
Key figures of Immobilière Grand-Air, 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 Immobilière Grand-Air?
What happened at Immobilière Grand-Air in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 12,917 (▼ € 24,971 vs 2024). filed late Source: NBB ↗
- Jose Manuel Berdayes Gonzalez stepped down as director. NBB
- Norberto Berdayes Franco stepped down as director. NBB
- Maria Del Carmen Franco Gonzalez stepped down as director. NBB
- Jose Manuel Berdayes Gonzalez became a director. NBB
- Norberto Berdayes Franco became a director. NBB
- Maria Del Carmen Franco Gonzalez became a director. NBB
- New establishment in Waterloo. KBO
In short
From € 236 loss in 2022 to € 12,917 loss in 2025.
Paid € 299 in corporate taxes since 2022.
Best year ever: 2024, with € 12,054 profit.
Management
Directors
According to the 2025 annual accounts
Jose Manuel Berdayes Gonzalez
Director
since 2020 · until 2026
Norberto Berdayes Franco
Director
since 2020 · until 2026
Maria Del Carmen Franco Gonzalez
Managing director
since 2020 · until 2026
Establishments
Establishment units
Physical locations of this company
Avenue de Tancarville 31
1410 Waterloo
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0406.205.811
- VAT number
- BE 0406.205.811
- Registered office
- Avenue de Tancarville 31, 1410 Waterloo
- Names & denominations
- Immobilière Grand-Air
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 6 December 1968
- Peppol
- Active · Active since 26 Dec 2025
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