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 55 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
IMMO - GENICRO from Westerlo, company number BE0443988695, closed financial year 2025 with a result of € 124,809 after tax. For that financial year IMMO - GENICRO recorded a gross margin of € 481,701 and equity of € 2.9 million. Compared with financial year 2024, the result moved from € 81,093 to € 124,809. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 20, 2026.
€ 2.9 million
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 124,809
▲ 54% vs 2024
Profit after tax over the fiscal year.
€ 1.2 million
▲ € 1.1 million 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 € 1.4 million.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
€ 922,163
▼ 39% vs 2024
€ 122,163 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 20,134
▲ 47% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 17,270
▼ 19% 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 | € 209,142 | € 208,350 | € 413,484 | € 481,701 | ▲ 16% |
| Profit after taxes | € -47,349 | € -39,145 | € 81,093 | € 124,809 | ▲ 54% |
| Equity | € 2,687,374 | € 2,648,230 | € 2,729,322 | € 2,854,131 | ▲ 5% |
| Total debts | € 2,375,154 | € 4,077,676 | € 3,718,928 | € 2,953,909 | ▼ 21% |
| Cash | € 340,551 | € 355,903 | € 36,046 | € 1,170,693 | ▲ € 1.1 million |
| Land & buildings | € 725,763 | € 4,762,789 | € 4,434,681 | € 3,858,759 | ▼ 13% |
| Retained profit | € 1,187,374 | € 1,148,230 | € 1,229,322 | € 1,354,131 | ▲ 10% |
| Bank debt | € 979,304 | € 1,161,037 | € 1,520,179 | € 922,163 | ▼ 39% |
| Balance sheet total | € 5,218,536 | € 6,852,294 | € 6,568,255 | € 5,921,662 | ▼ 10% |
Key figures of IMMO - GENICRO, 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 - GENICRO?
What happened at IMMO - GENICRO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- R. Croonenborghs BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 124,809 (▲ 54% vs 2024). Source: NBB ↗
- New establishment in Westerlo. KBO
- Start of the company according to the CBE. KBO
In short
From € 47,349 loss in 2022 to € 124,809 profit in 2025.
Paid € 65,074 in corporate taxes since 2022.
Best year ever: 2025, with € 124,809 profit.
Management
The stake of R. Croonenborghs comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
IMMO - GENICROBehind IMMO - GENICRO are Geert Croonenborghs and Nicole Croonenborghs. The shares are held by R. Croonenborghs (100%).
Directors
According to the 2025 annual accounts
Director · represented by Rosette Van Calster
· until 2030
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Koning Leopoldlaan 26 box A
2260 Westerlo
Koning Leopoldlaan 26 box a
2260 Westerlo
Active since 2 May 1991
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0443.988.695
- VAT number
- BE 0443.988.695
- Registered office
- Koning Leopoldlaan 26 bus A, 2260 Westerlo
- Names & denominations
- IMMO - GENICRO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 24 April 1991
- Peppol
- Active · Active since 2 Oct 2025