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.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Ermus Immo-Bouwconcept from Genk, company number BE0545861164, closed financial year 2025 with a result of € -43,755 after tax. For that financial year Ermus Immo-Bouwconcept recorded a gross margin of € 13,164 and equity of € -46,780. Compared with financial year 2024, the result moved from € 4,206 to € -43,755. 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 29, 2026.
€ -46,780
▼ € 43,755 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -43,755
▼ still € 4,206 profit in 2024
Profit after tax over the fiscal year.
€ 467
▲ 2% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -65,380.
Debts at end 2025
€ 201,004
▼ 13% vs 2024
€ 30,343 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 27,349
▲ € 27,024 vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 28,223 | € 32,639 | € 22,580 | € 13,164 | ▼ 42% |
| Profit after taxes | € 10,791 | € 9,404 | € 4,206 | € -43,755 | ▼ € 47,961 |
| Equity | € -16,635 | € -7,231 | € -3,025 | € -46,780 | ▼ € 43,755 |
| Total debts | € 699,014 | € 676,292 | € 672,407 | € 716,170 | ▲ 7% |
| Cash | € 30,844 | € 138 | € 459 | € 467 | ▲ 2% |
| Retained profit | € -35,235 | € -25,831 | € -21,625 | € -65,380 | ▼ € 43,755 |
| Bank debt | € 287,084 | € 259,734 | € 230,690 | € 201,004 | ▼ 13% |
| Balance sheet total | € 682,379 | € 669,061 | € 669,382 | € 669,390 |
Key figures of Ermus Immo-Bouwconcept, 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 Ermus Immo-Bouwconcept?
What happened at Ermus Immo-Bouwconcept in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 43,755 (▼ € 47,961 vs 2024). Source: NBB ↗
- Mustafa UNLUSOY became a director. NBB
- New establishment in Genk. KBO
- Erdal UNLUSOY became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 10,791 profit in 2022 to € 43,755 loss in 2025.
Best year ever: 2022, with € 10,791 profit.
A new publication or filing at Ermus Immo-Bouwconcept? We notify you, reason included.
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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 Ermus Immo-Bouwconcept are Erdal UNLUSOY and Mustafa UNLUSOY. The same people are also behind MEUBELEN VANGENEUGDEN, UNLU, FHEMACO and E.R.-IMMO. Erdal UNLUSOY is also behind E.R. BOUW and IMMO LEVENS. Mustafa UNLUSOY is also behind MEGA CARPET and Unlu-Cars.
Directors
According to the 2025 annual accounts
Erdal UNLUSOY
Director
Also active at: MEUBELEN VANGENEUGDEN, UNLU, E.R. BOUW, FHEMACO, IMMO LEVENS, E.R.-IMMO
since 2014
Mustafa UNLUSOY
Director
Also active at: MEUBELEN VANGENEUGDEN, UNLU, FHEMACO, MEGA CARPET, E.R.-IMMO, Unlu-Cars
since 2021
Establishments
Establishment units
Physical locations of this company
Koning Boudewijnlaan 35
3600 Genk
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.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
AS-ZXCS, NL
Website info
Features
Security
Network
Details
- Company number
- 0545.861.164
- VAT number
- BE 0545.861.164
- Registered office
- Koning Boudewijnlaan 35, 3600 Genk
- Names & denominations
- Ermus Immo-Bouwconcept · ERMUS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 January 2014
- Peppol
- Active · Active since 4 Jun 2026
- Contact
- unlumeubelen.be