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 1 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
GBL REALTY from Spa, company number BE0760549185, closed financial year 2024 with a result of € 10,426 after tax. For that financial year GBL REALTY recorded a gross margin of € 18,083 and equity of € -69,108. Compared with financial year 2023, the result moved from € -32,812 to € 10,426. Profitable, and profit is growing. 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 September 25, 2025.
€ -69,108
▲ € 10,426 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 10,426
▲ still € 32,812 loss in 2023
Profit after tax over the fiscal year.
€ 24
▼ 92% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € -84,108.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 27,944
▼ 46% vs 2023
Supplier invoices still open on the last day of the fiscal year.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € -31,063 | € -29,595 | € -31,370 | € 18,083 | ▲ € 49,453 |
| Profit after taxes | € -31,716 | € -30,006 | € -32,812 | € 10,426 | ▲ € 43,238 |
| Equity | € -16,716 | € -46,722 | € -79,534 | € -69,108 | ▲ € 10,426 |
| Total debts | € 25,899 | € 63,630 | € 221,377 | € 79,623 | ▼ 64% |
| Cash | € 4,999 | € 11,988 | € 287 | € 24 | ▼ 92% |
| Retained profit | € -31,716 | € -61,722 | € -94,534 | € -84,108 | ▲ € 10,426 |
| Bank debt | € 0 | € 0 | € 125,000 | € 0 | ▼ 100% |
| Balance sheet total | € 9,183 | € 16,909 | € 141,843 | € 10,515 | ▼ 93% |
Key figures of GBL REALTY, 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 GBL REALTY?
What happened at GBL REALTY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 10,426. filed late Source: NBB ↗
- New establishment in Spa. KBO
- Start of the company according to the CBE. KBO
In short
From € 31,716 loss in 2021 to € 10,426 profit in 2024.
Best year ever: 2024, with € 10,426 profit.
Management
Behind GBL REALTY is GEOFFREY BODEUX. GEOFFREY BODEUX is also behind GBL Construction.
Directors
According to the 2024 annual accounts
Establishments
Establishment units
Physical locations of this company
Avenue Dr. Pierre Gaspar 2 box C
4900 Spa
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
OVH Mail
Hosting
WIX_COM, IL
DNS
OVH DNS
Website info
Features
Security
Details
- Company number
- 0760.549.185
- VAT number
- BE 0760.549.185
- Registered office
- Avenue Dr. Pierre Gaspar 2 bus C, 4900 Spa
- Names & denominations
- GBL REALTY
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 December 2020
- Peppol
- Active · Active since 27 Feb 2026
- Contact
- gblconstruction.be
- Activities · NACE
Handel in eigen onroerend goed
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)