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.
-
Two loss years in a row NBB
Negative result in 2023 and 2024.
-
Tight liquidity NBB
Cash and receivables cover 33 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
ERGEN IMMO from Elsene, company number BE0502552149, closed financial year 2024 with a result of € -80,911 after tax. For that financial year ERGEN IMMO recorded a gross margin of € 2,578 and equity of € -713,859. Compared with financial year 2023, the result moved from € -147,966 to € -80,911. 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 August 31, 2025.
€ -713,859
▼ € 80,911 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -80,911
▲ 45 % less loss than in 2023
Profit after tax over the fiscal year.
€ 23,907
▲ 238% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -732,459.
People and assets in 2024
€ 2,227
▼ 73% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 985,744
▼ 5% vs 2023
€ 53,579 is repaid this year. At this pace the long-term loan is gone in ≈ 18 years.
€ 3,572
▼ 69% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 5,250
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € -72,231 | € -61,292 | € -52,308 | € 2,578 | ▲ € 54,886 |
| Profit after taxes | € -206,046 | € -185,255 | € -147,966 | € -80,911 | ▲ € 67,056 |
| Equity | € -299,728 | € -484,982 | € -632,949 | € -713,859 | ▼ € 80,911 |
| Total debts | € 1,271,459 | € 1,365,484 | € 1,439,318 | € 1,493,274 | ▲ 4% |
| Cash | € 12,996 | € 16,680 | € 7,068 | € 23,907 | ▲ 238% |
| Land & buildings | € 905,716 | € 833,425 | € 779,865 | € 741,462 | ▼ 5% |
| Retained profit | € -318,328 | € -503,582 | € -651,549 | € -732,459 | ▼ € 80,911 |
| Bank debt | € 1,139,466 | € 1,089,368 | € 1,038,136 | € 985,744 | ▼ 5% |
| Balance sheet total | € 971,731 | € 880,502 | € 806,369 | € 779,415 | ▼ 3% |
Key figures of ERGEN IMMO, 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 ERGEN IMMO?
What happened at ERGEN IMMO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 80,911. filed late Source: NBB ↗
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 206,046 loss in 2021 to € 80,911 loss in 2024.
Paid € 1,029 in corporate taxes since 2021.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind ERGEN IMMO is Gabriel ERGEN. Gabriel ERGEN is also behind EGGM.
Directors
According to the 2024 annual accounts
Establishments
Establishment units
Physical locations of this company
Louizalaan 445 box 7
1050 Elsene
Louizalaan 445
1050 Brussel
Active since 17 January 2013
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
All companies at this address →D.M.B. INTERNATIONAL
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€ 326,507 gross margin · 2025
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€ 83,036 gross margin · 2024
TURNAOGLU TURN-A-ROUND CONSULTANCY
€ -2,300 gross margin · 2024
Association des copropriétaires de la "Résidence de l'Abbaye II" à Bruxelles, avenue Louise 445
+2 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
- 0502.552.149
- VAT number
- BE 0502.552.149
- Registered office
- Louizalaan 445 bus 7, 1050 Elsene
- Names & denominations
- ERGEN IMMO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 January 2013
- Peppol
- Active · Active since 22 Dec 2025
- Activities · NACE
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