Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 10 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
IMMO G & W PAS from Meise, company number BE0423806658, closed financial year 2025 with a result of € 131,491 after tax. For that financial year IMMO G & W PAS recorded a gross margin of € 243,261 and equity of € 161,593. Compared with financial year 2024, the result moved from € -20,743 to € 131,491. 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 July 15, 2026.
€ 161,593
▲ € 131,491 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 131,491
▲ still € 20,744 loss in 2024
Profit after tax over the fiscal year.
€ 108,660
▲ € 98,881 vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 99,593.
People and assets in 2025
€ 3,934
▼ 88% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 400,263
▼ 10% vs 2024
€ 42,732 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 20,854
▼ 52% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 35,986
▲ € 31,874 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 | € 68,997 | € 77,364 | € 79,738 | € 243,261 | ▲ 205% |
| Profit after taxes | € -33,240 | € -16,051 | € -20,743 | € 131,491 | ▲ € 152,234 |
| Equity | € 66,897 | € 50,846 | € 30,103 | € 161,593 | ▲ € 131,491 |
| Total debts | € 1,725,645 | € 1,658,613 | € 1,677,392 | € 1,474,564 | ▼ 12% |
| Cash | € 48,168 | € 10,653 | € 9,779 | € 108,660 | ▲ € 98,881 |
| Land & buildings | € 1,728,718 | € 1,673,520 | € 1,680,859 | € 1,455,880 | ▼ 13% |
| Retained profit | € 4,897 | € -11,154 | € -31,897 | € 99,593 | ▲ € 131,491 |
| Bank debt | € 832,479 | € 485,234 | € 442,830 | € 400,263 | ▼ 10% |
| Balance sheet total | € 1,792,542 | € 1,709,459 | € 1,707,495 | € 1,636,157 | ▼ 4% |
Key figures of IMMO G & W PAS, 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 IMMO G & W PAS?
What happened at IMMO G & W PAS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Gerhard Pas stepped down as director. NBB
- Willem Pas stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 131,491. Source: NBB ↗
- Gerhard Pas became a director. NBB
- Willem Pas became a director. NBB
- New establishment in Meise. KBO
- Start of the company according to the CBE. KBO
In short
From € 33,240 loss in 2022 to € 131,491 profit in 2025.
Paid € 34,593 in corporate taxes since 2022.
Best year ever: 2025, with € 131,491 profit.
Management
Directors
According to the 2025 annual accounts
Gerhard Pas
Managing director
Also active at: SCI VAN BUGGENHOUT, PAS - INVEST, PAVARI CONSULT, DECASTONE INVEST, DECASTONE
since 2023 · until 2029
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Slagmeulderhoek 2
1860 Meise
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0423.806.658
- VAT number
- BE 0423.806.658
- Registered office
- Slagmeulderhoek 2, 1860 Meise
- Names & denominations
- IMMO G & W PAS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 December 1982
- Peppol
- Active · Active since 27 Oct 2025
- Activities · NACE
Bemiddeling in verband met exploitatie van en handel in onroerend goed
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis