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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Two loss years in a row NBB
Negative result in 2023 and 2024.
Financials
Financial year 2024
IMMO GELU from Brecht, company number BE0449999727, closed financial year 2024 with a result of € -7,362 after tax. For that financial year IMMO GELU recorded a gross margin of € 44,019 and equity of € 801,940. Compared with financial year 2023, the result moved from € -3,320 to € -7,362. 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 19, 2025.
€ 801,940
▼ 1% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -7,362
▼ 122 % more loss than in 2023
Profit after tax over the fiscal year.
€ 77,777
▼ 35% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 528,018.
Debts at end 2024
€ 420,981
▼ 10% vs 2023
€ 47,223 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 3,767
▲ 176% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 449
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 71,546 | € 181,315 | € 47,048 | € 44,019 | ▼ 6% |
| Profit after taxes | € -816 | € 124,313 | € -3,320 | € -7,362 | ▼ € 4,042 |
| Equity | € 688,309 | € 812,622 | € 809,302 | € 801,940 | ▼ 1% |
| Total debts | € 1,051,277 | € 569,295 | € 510,465 | € 462,074 | ▼ 9% |
| Cash | € 999 | € 158,765 | € 119,546 | € 77,777 | ▼ 35% |
| Land & buildings | € 2,217,244 | € 1,607,905 | € 1,567,181 | € 1,528,589 | ▼ 2% |
| Retained profit | € 414,387 | € 538,700 | € 535,380 | € 528,018 | ▼ 1% |
| Bank debt | € 977,548 | € 512,703 | € 467,290 | € 420,981 | ▼ 10% |
| Balance sheet total | € 2,221,517 | € 1,845,929 | € 1,770,388 | € 1,701,243 | ▼ 4% |
Key figures of IMMO GELU, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to IMMO GELU?
What happened at IMMO GELU in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 7,362. filed late Source: NBB ↗
- New establishment in Brecht. KBO
- Start of the company according to the CBE. KBO
In short
From € 816 loss in 2021 to € 7,362 loss in 2024.
Paid € 183 in corporate taxes since 2021.
Best year ever: 2022, with € 124,313 profit.
Establishments
Establishment units
Physical locations of this company
Hoogstraatsebaan 35
2960 Brecht
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0449.999.727
- VAT number
- BE 0449.999.727
- Registered office
- Hoogstraatsebaan 35, 2960 Brecht
- Names & denominations
- IMMO GELU
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 27 April 1993
- Peppol
- Active · Active since 16 Jun 2025
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Overige zakelijke dienstverlening, neg
Activiteiten van syndici van onroerend goed