Financials
Financial year 2025
Gelb-Immo from Sint-Martens-Latem, company number BE0537562023, closed financial year 2025 with a result of € 40,742 after tax. For that financial year Gelb-Immo recorded a gross margin of € 127,244 and equity of € 423,468. Compared with financial year 2024, the result moved from € 37,052 to € 40,742. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 29, 2026.
€ 423,468
▲ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 40,742
▲ 10% vs 2024
Profit after tax over the fiscal year.
€ 137,113
▲ 40% 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 € -139,032.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
€ 1.4 million
€ 83,332 is repaid this year. At this pace the long-term loan is gone in ≈ 17 years.
€ 47,383
▼ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 5,434
▼ 10% 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 | € 155,271 | € 134,765 | € 129,313 | € 127,244 | ▼ 2% |
| Profit after taxes | € 60,119 | € -76,527 | € 37,052 | € 40,742 | ▲ 10% |
| Equity | € 422,201 | € 345,673 | € 382,725 | € 423,468 | ▲ 11% |
| Total debts | € 1,575,981 | € 1,669,992 | € 1,651,304 | € 1,664,828 | ▲ 1% |
| Cash | € 21,849 | € 63,456 | € 97,939 | € 137,113 | ▲ 40% |
| Land & buildings | € 1,598,874 | € 1,599,670 | € 1,556,745 | € 1,867,983 | ▲ 20% |
| Retained profit | € -140,299 | € -216,827 | € -179,775 | € -139,032 | ▲ € 40,742 |
| Bank debt | € 1,458,696 | € 1,479,935 | € 1,436,209 | € 1,429,240 | |
| Balance sheet total | € 1,998,181 | € 2,015,665 | € 2,034,030 | € 2,088,296 | ▲ 3% |
Key figures of Gelb-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 Gelb-Immo?
What happened at Gelb-Immo in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- I.B.I.S. NV stepped down as director. NBB
- MIVC BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 40,742 (▲ 10% vs 2024). Source: NBB ↗
- MIVC BV became a director. NBB
- I.B.I.S. NV became a director. NBB
- New establishment in Sint-Martens-Latem. KBO
- Start of the company according to the CBE. KBO
In short
From € 60,119 profit in 2022 to € 40,742 profit in 2025.
Best year ever: 2022, with € 60,119 profit.
Management
The stake of BRUMMO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Gelb-ImmoThe shares are held by BRUMMO (100%).
Directors
According to the 2025 annual accounts
Managing director · represented by Mieke Claerhout
Also active at: BRISTOL PROJECTS, CHATEAU CLASSICS, LOCACEL, BRUMMO, LEEUWERIK, Kortrijksepoort, SAVAAN
since 2016 · until 2031
Managing director · represented by Miguel Van Canneyt
Also active at: BRISTOL PROJECTS, CHATEAU CLASSICS, LOCACEL, BRUMMO, I.B.I.S., LEEUWERIK, Kortrijksepoort, ALVINNE PICOBROUWERIJ +1 more
since 2021 · until 2027
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Kortrijksesteenweg 23 box 4
9830 Sint-Martens-Latem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
All companies at this address →BRISTOL PROJECTS same network
€ -84,465 gross margin · 2025
CHATEAU CLASSICS same network
€ 331,643 gross margin · 2025
LOCACEL same network
€ 671,881 gross margin · 2025
BRUMMO same network
€ 568,241 gross margin · 2025
BRUMMO TAX
+4 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
- 0537.562.023
- VAT number
- BE 0537.562.023
- Registered office
- Kortrijksesteenweg 23 bus 4, 9830 Sint-Martens-Latem
- Names & denominations
- Gelb-Immo
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 August 2013
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen