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 48 % of short-term debt in 2025; threshold 65 %.
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Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
IMMO-GEERT from Wielsbeke, company number BE0434446865, closed financial year 2025 with a result of € 5,221 after tax. For that financial year IMMO-GEERT recorded a gross margin of € 37,961 and equity of € 249,815. Compared with financial year 2024, the result moved from € -1,705 to € 5,221. Profitable, and profit is growing. 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 June 8, 2026.
€ 249,815
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 5,221
▲ still € 1,705 loss in 2024
Profit after tax over the fiscal year.
€ 17,440
▲ € 16,673 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 9,100 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 2,126
▼ 11% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 23,019
Loans from banks and other lenders, long and short.
€ 8,499
Supplier invoices still open on the last day of the fiscal year.
€ 2,202
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 | € 36,558 | € 30,219 | € 28,171 | € 37,961 | ▲ 35% |
| Profit after taxes | € 94 | € 474 | € -1,705 | € 5,221 | ▲ € 6,926 |
| Equity | € 262,426 | € 262,900 | € 253,695 | € 249,815 | ▼ 2% |
| Total debts | € 47,184 | € 31,177 | € 27,992 | € 59,665 | ▲ 113% |
| Cash | € 7,999 | € 1,526 | € 767 | € 17,440 | ▲ € 16,673 |
| Land & buildings | € 301,611 | € 284,650 | € 274,041 | € 289,915 | ▲ 6% |
| Retained profit | € 170,426 | € 170,900 | € 161,695 | € 157,815 | ▼ 2% |
| Dividend | € 9,400 | € 0 | € 7,500 | € 9,100 | ▲ 21% |
| Bank debt | € 0 | € 0 | € 0 | € 23,019 | |
| Balance sheet total | € 309,610 | € 294,076 | € 281,687 | € 309,480 | ▲ 10% |
Key figures of IMMO-GEERT, 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-GEERT?
What happened at IMMO-GEERT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Geert Verzelen stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 5,221. Source: NBB ↗
- Geert Verzelen became a director. NBB
- New establishment in Wielsbeke. KBO
- Start of the company according to the CBE. KBO
In short
From € 94 profit in 2022 to € 5,221 profit in 2025.
Paid € 2,260 in corporate taxes since 2022.
Best year ever: 2025, with € 5,221 profit.
Paid out € 26,000 in dividends to the owners in total.
Management
Behind IMMO-GEERT is Verzelen Geert.
Directors
According to the 2025 annual accounts
Verzelen Geert
Administrator-manager
Geert Verzelen
Statutaire Bestuurder
since 2022 · until 2028
Establishments
Establishment units
Physical locations of this company
Heirweg 175
8710 Wielsbeke
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0434.446.865
- VAT number
- BE 0434.446.865
- Registered office
- Heirweg 175, 8710 Wielsbeke
- Names & denominations
- IMMO-GEERT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 31 May 1988
- Peppol
- Not registered