Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 17 % of short-term debt in 2025; threshold 65 %.
-
Busy address KBO
27 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
GL-IMMO from Houthalen-Helchteren, company number BE0450426428, closed financial year 2025 with a result of € -155,751 after tax. For that financial year GL-IMMO recorded a gross margin of € -83,783 and equity of € -1.5 million. Compared with financial year 2024, the result moved from € 84,333 to € -155,751. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 5, 2026.
€ -1.5 million
▼ € 155,751 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -155,751
▼ still € 84,333 profit in 2024
Profit after tax over the fiscal year.
€ 371,280
▼ 18% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.7 million.
People and assets in 2025
€ 2,398
▼ 50% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 69,090
▼ 58% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 76,939
▼ 56% 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 | € -23,194 | € 281,436 | € 232,955 | € -83,783 | ▼ € 316,738 |
| Profit after taxes | € -69,229 | € -33,221 | € 84,333 | € -155,751 | ▼ € 240,084 |
| Equity | € -1,372,808 | € -1,406,029 | € -1,321,696 | € -1,477,448 | ▼ € 155,751 |
| Total debts | € 2,586,222 | € 3,003,476 | € 2,856,674 | € 2,239,633 | ▼ 22% |
| Cash | € 4,107 | € 221,402 | € 455,506 | € 371,280 | ▼ 18% |
| Retained profit | € -1,558,728 | € -1,591,949 | € -1,507,616 | € -1,663,368 | ▼ € 155,751 |
| Bank debt | € 323,571 | € 0 | € 178,600 | € 0 | ▼ 100% |
| Balance sheet total | € 1,213,414 | € 1,597,447 | € 1,534,978 | € 762,186 | ▼ 50% |
Key figures of GL-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 GL-IMMO?
What happened at GL-IMMO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- John Lenaers stepped down as director. NBB
- Ghislain Lenaers stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 155,751 (▼ € 240,084 vs 2024). Source: NBB ↗
- John Lenaers became a director. NBB
- Ghislain Lenaers became a director. NBB
- New establishment in Houthalen-Helchteren. KBO
- Start of the company according to the CBE. KBO
In short
From € 69,229 loss in 2022 to € 155,751 loss in 2025.
Best year ever: 2024, with € 84,333 profit.
Management
The stake of Group GL, Algemene Ondernemingen G. LENAERS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
GL-IMMOThe shares are held by Group GL (99.9%) and Algemene Ondernemingen G. LENAERS (0%).
Directors
According to the 2025 annual accounts
John Lenaers
Managing director
Owns 0.4% via Group GL
Also active at: GL Hospitality, ZUIDERRING INVEST, WEZEL, IMMO CURTIS, Algemene Ondernemingen G. LENAERS, GROUP GL International, GIROMA, BSL CONSTRUCT +34 more
since 2023 · until 2029
Ghislain Lenaers
Managing director
Also active at: WINKELCENTRUM ZUIDERRING, GL Hospitality, ZUIDERRING INVEST, WEZEL, IMMO CURTIS, Algemene Ondernemingen G. LENAERS, GROUP GL International, GIROMA +34 more
since 2023 · until 2029
Shareholders
Group GL · holding of John Lenaers
99.9%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Centrum-Zuid 3053
3530 Houthalen-Helchteren
Centrum-Zuid 3053 box .
3530 Houthalen-Helchteren
Active since 15 October 1997
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 27 companies are registered at this address.
All companies at this address →ZUIDERRING INVEST same network
€ -6,124 gross margin · 2025
Algemene Ondernemingen G. LENAERS same network
€ 9.4 million revenue · 2025
GROUP GL International same network
€ 6.9 million revenue · 2025
BSL CONSTRUCT same network
€ -2,302 gross margin · 2025
MOBILEX same network
€ 81,619 gross margin · 2025
+22 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
- 0450.426.428
- VAT number
- BE 0450.426.428
- Registered office
- Centrum-Zuid 3053, 3530 Houthalen-Helchteren
- Names & denominations
- GL-IMMO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 June 1993
- Peppol
- Active · Active since 16 Sept 2025
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Verhuur van woningen, exclusief sociale woningen
Verhuur en lease van andere huishoudelijke of persoonlijke artikelen, neg
Verhuur van overige roerende goederen voor persoonlijk of huishoudelijk gebruik, n.e.g.
Verhuur en lease van andere consumentenartikelen, n.e.g.