Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2025; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2024.
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Busy address KBO
34 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
CBG IMMO from Herve, company number BE0722629610, closed financial year 2025 with a result of € -14,316 after tax. For that financial year CBG IMMO recorded revenue of € 1.4 million and equity of € 175,656. Compared with financial year 2024, the result moved from € -70,176 to € -14,316. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 5, 2026.
€ 175,656
▼ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -14,316
▲ 80 % less loss than in 2024
Profit after tax over the fiscal year.
€ 10,771
▼ 85% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -24,344.
People and assets in 2025
1
Average over the fiscal year, from the social balance sheet.
€ 4,469
▼ 97% vs 2024
€ 4,500 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 5.5 million
▼ 9% vs 2024
€ 7,326 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 2.7 million
▲ € 2.6 million vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 760 days on average.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 1,905,464 | € 1,849,405 | € 1,578,393 | € 1,365,301 | ▼ 14% |
| Profit after taxes | € 120,237 | € 41,892 | € -70,176 | € -14,316 | ▲ € 55,861 |
| Equity | € 218,256 | € 260,148 | € 189,972 | € 175,656 | ▼ 8% |
| Total debts | € 9,943,037 | € 9,911,870 | € 9,274,685 | € 12,413,096 | ▲ 34% |
| Cash | € 49,603 | € 74,454 | € 70,638 | € 10,771 | ▼ 85% |
| Retained profit | € 18,256 | € 60,148 | € -10,028 | € -24,344 | ▼ € 14,316 |
| Bank debt | € 6,983,381 | € 7,151,314 | € 6,011,398 | € 5,460,264 | ▼ 9% |
| Balance sheet total | € 10,161,294 | € 10,172,018 | € 9,464,657 | € 12,588,752 | ▲ 33% |
| Employees (FTE) | - | 1 | 1 | 1 |
Key figures of CBG 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 CBG IMMO?
What happened at CBG IMMO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 14,316. filed late Source: NBB ↗
- New establishment in Herve. KBO
- Start of the company according to the CBE. KBO
In short
From € 120,237 profit in 2022 to € 14,316 loss in 2025.
Paid € 25,478 in corporate taxes since 2022.
Best year ever: 2022, with € 120,237 profit.
Management
The stake of GEHLEN MANAGEMENT, SOFABO, M.A.C. Management comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
CBG IMMOBehind CBG IMMO are GEHLEN MANAGEMENT SRL and SOFABO SA. The shares are held by GEHLEN MANAGEMENT (45%), SOFABO (45%) and M.A.C. Management (10%).
Directors
According to the 2025 annual accounts
Director · represented by Roger GEHLEN
Also active at: UNIMMO, GEHLEN IMMO, ETABLISSEMENTS PAULY - ANDRIANNE, COVEBAT, G-Bois, COMBLAIN MOTORS, ROGER GEHLEN, SERBI +27 more
Director · represented by Victor, Tomas BOSQUIN
Also active at: Creficom, ETABLISSEMENTS PAULY - ANDRIANNE, COMBLAIN MOTORS, ALTIORE, EUROPEAN AMUSEMENT COMPANY, S.A. AMERICAN BOWLING CLUB, COVIFIL, BOCAM +15 more
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Avenue du Parc 22
4650 Herve
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 34 companies are registered at this address.
All companies at this address →UNIMMO same network
€ 2.1 million revenue · 2025
Seeben
€ 6.8 million revenue · 2025
Unibox Games
€ 9.8 million revenue · 2025
Creficom same network
SOFABO same network
€ 1.3 million revenue · 2025
+29 more
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
Microsoft 365
Hosting
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DNS
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Website info
Features
Security
Network
Details
- Company number
- 0722.629.610
- VAT number
- BE 0722.629.610
- Registered office
- Avenue du Parc 22, 4650 Herve
- Names & denominations
- CBG IMMO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 12 March 2019
- Peppol
- Active · Active since 20 Nov 2020
- Contact
- albi-immo.be
- Activities · NACE
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