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 29 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 3.5 to 1.7.
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Busy address KBO
26 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
GEHLEN IMMO from Thimister-Clermont, company number BE0406267078, closed financial year 2025 with a result of € 109,291 after tax. For that financial year GEHLEN IMMO recorded a gross margin of € 283,272 and equity of € 926,318. Compared with financial year 2024, the result moved from € 36,867 to € 109,291. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2026.
€ 926,318
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 109,291
▲ 196% vs 2024
Profit after tax over the fiscal year.
€ 48,470
▼ 35% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 100,000 paid out
91 % of the profit went to the shareholders, mostly to GEHLEN MANAGEMENT (55 % of the shares). That is where the money ends up.
People and assets in 2025
1.7
▼ 1.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 117,260
▼ 30% vs 2024
€ 69,000 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 493
▼ 40% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 4.3 million
▲ 82% vs 2024
€ 42,375 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 1.1 million
▲ 152% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 25,855
▼ 71% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 658,326 | € 924,411 | € 451,216 | € 283,272 | ▼ 37% |
| Profit after taxes | € 263,296 | € 316,930 | € 36,867 | € 109,291 | ▲ 196% |
| Equity | € 663,230 | € 880,160 | € 917,027 | € 926,318 | ▲ 1% |
| Total debts | € 4,726,556 | € 5,176,709 | € 4,919,701 | € 7,461,550 | ▲ 52% |
| Cash | € 106,007 | € 14,804 | € 74,160 | € 48,470 | ▼ 35% |
| Land & buildings | € 323,538 | € 308,179 | € 292,820 | € 277,460 | ▼ 5% |
| Retained profit | € 363,230 | € 580,160 | € 617,027 | € 626,318 | ▲ 2% |
| Dividend | € 100,000 | € 100,000 | € 0 | € 100,000 | |
| Bank debt | € 2,320,300 | € 2,860,799 | € 2,366,891 | € 4,309,031 | ▲ 82% |
| Balance sheet total | € 5,389,786 | € 6,056,869 | € 5,836,729 | € 8,387,869 | ▲ 44% |
| Employees (FTE) | 3.8 | 3.5 | 2.8 | 1.7 | ▼ 1.1 |
Key figures of GEHLEN 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 GEHLEN IMMO?
What happened at GEHLEN IMMO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- GEHLEN MANAGEMENT SRL stepped down as director. NBB
- LAURENT GOBLET MANAGEMENT SRL stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 109,291 (▲ 196% vs 2024). Source: NBB ↗
- GEHLEN MANAGEMENT SRL became a director. NBB
- LAURENT GOBLET MANAGEMENT SRL became a director. NBB
- New establishment in Thimister-Clermont. KBO
- Start of the company according to the CBE. KBO
In short
From € 263,296 profit in 2022 to € 109,291 profit in 2025.
Paid € 254,635 in corporate taxes since 2022.
Best year ever: 2023, with € 316,930 profit.
On average € 166,600 of value added per employee in 2025.
Management
The stake of GEHLEN MANAGEMENT, Laurent GOBLET Management comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
GEHLEN IMMOThe shares are held by GEHLEN MANAGEMENT (54.8%) and Laurent GOBLET Management (45.2%). It owns 65% of CITY WASH, 50% of IMMO PARQ and 33.4% of GASTRONOMIA VISION itself.
Directors
According to the 2025 annual accounts
Director · represented by Roger GEHLEN
Also active at: UNIMMO, ETABLISSEMENTS PAULY - ANDRIANNE, COVEBAT, G-Bois, COMBLAIN MOTORS, ROGER GEHLEN, SERBI, ARDENNE RAILS +27 more
since 2023 · until 2029
Administrateur · represented by Laurent GOBLET
since 2023 · until 2029
Shareholders
54.8%
Participations
Establishments
Establishment units
Physical locations of this company
Rue du Bosquet 3
4890 Thimister-Clermont
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 26 companies are registered at this address.
All companies at this address →COVEBAT same network
€ 531,772 gross margin · 2025
G-Bois same network
€ 1.2 million gross margin · 2025
SERBI same network
€ 45 million revenue · 2025
Espace Industriel des Plénesses
€ 1.3 million gross margin · 2025
IMMO-PARQ same network
€ -1,562 gross margin · 2025
+21 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
- 0406.267.078
- VAT number
- BE 0406.267.078
- Registered office
- Rue du Bosquet 3, 4890 Thimister-Clermont
- Names & denominations
- GEHLEN IMMO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 6 September 1967
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- 087 39 44 34
- Activities · NACE
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