Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 9 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GECON-IMMO from Maasmechelen, company number BE0733549038, closed financial year 2025 with a result of € -4,093 after tax. For that financial year GECON-IMMO recorded a gross margin of € 171,629 and equity of € 180,947. Compared with financial year 2024, the result moved from € 23,238 to € -4,093. 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 July 13, 2026.
€ 180,947
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -4,093
▼ still € 23,238 profit in 2024
Profit after tax over the fiscal year.
€ 63,723
▲ € 54,296 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 62,283.
Debts at end 2025
€ 1.7 million
▲ 28% vs 2024
€ 152,855 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 4,628
▼ 28% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 31,817 | € 96,873 | € 176,201 | € 171,629 | ▼ 3% |
| Profit after taxes | € 1,940 | € 45,023 | € 23,238 | € -4,093 | ▼ € 27,332 |
| Equity | € 116,779 | € 161,802 | € 185,040 | € 180,947 | ▼ 2% |
| Total debts | € 673,112 | € 884,183 | € 1,731,754 | € 2,318,588 | ▲ 34% |
| Cash | € 2,814 | € 10,623 | € 9,427 | € 63,723 | ▲ € 54,296 |
| Land & buildings | € 388,245 | € 1,006,731 | € 1,843,540 | € 2,428,789 | ▲ 32% |
| Retained profit | € -1,886 | € 43,138 | € 66,376 | € 62,283 | ▼ 6% |
| Bank debt | € 556,212 | € 655,345 | € 1,344,842 | € 1,714,886 | ▲ 28% |
| Balance sheet total | € 789,891 | € 1,045,985 | € 1,916,795 | € 2,499,536 | ▲ 30% |
Key figures of GECON-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 GECON-IMMO?
What happened at GECON-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 € 4,093 (▼ € 27,332 vs 2024). Source: NBB ↗
- New establishment in Maasmechelen. KBO
- Kubilay AKARCAY became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 1,940 profit in 2022 to € 4,093 loss in 2025.
Paid € 20,414 in corporate taxes since 2022.
Best year ever: 2023, with € 45,023 profit.
Management
Behind GECON-IMMO is Kubilay AKARCAY. Kubilay AKARCAY is also behind GECON - DETA BELGIUM and GECON INVEST.
Directors
According to the 2025 annual accounts
since 2019
Establishments
Establishment units
Physical locations of this company
Zuilstraat(L) 5 box A
3630 Maasmechelen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0733.549.038
- VAT number
- BE 0733.549.038
- Registered office
- Zuilstraat(L) 5 bus A, 3630 Maasmechelen
- Names & denominations
- GECON-IMMO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 August 2019
- Peppol
- Active · Active since 20 Aug 2025