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 2022 and 2023.
-
Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
IMMO GE-CO from Bree, company number BE0843805671, closed financial year 2023 with a result of € -30,490 after tax. For that financial year IMMO GE-CO recorded a gross margin of € 1,988 and equity of € 10,459. Compared with financial year 2022, the result moved from € -44,577 to € -30,490. The company made a loss. The buffer shrank hard: equity is 74 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 29, 2024.
€ 10,459
▼ 74% vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -30,490
▲ 32 % less loss than in 2022
Profit after tax over the fiscal year.
€ 2,028
▼ 68% vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -39,541.
People and assets in 2023
€ 199
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 4,521
Book value of vehicles, furniture and equipment.
Debts at end 2023
€ 900,000
€ 100,000 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 23,007
▲ 90% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 465
▼ 92% vs 2022
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € 52,827 | € -8,129 | € 1,988 | ▲ € 10,117 |
| Profit after taxes | € 11,133 | € -44,577 | € -30,490 | ▲ € 14,087 |
| Equity | € 85,526 | € 40,949 | € 10,459 | ▼ 74% |
| Total debts | € 1,219,030 | € 1,193,418 | € 1,220,682 | ▲ 2% |
| Cash | € 5,654 | € 6,409 | € 2,028 | ▼ 68% |
| Land & buildings | € 116,440 | € 93,407 | € 70,374 | ▼ 25% |
| Retained profit | € 35,526 | € -9,051 | € -39,541 | ▼ € 30,490 |
| Bank debt | € 907,500 | € 900,000 | € 900,000 | |
| Balance sheet total | € 1,304,556 | € 1,234,367 | € 1,231,142 |
Key figures of IMMO GE-CO, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to IMMO GE-CO?
What happened at IMMO GE-CO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
IMMO GE-CO is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2023: loss of € 30,490. filed late Source: NBB ↗
- New establishment in Bree. KBO
- Guido Coolen became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 11,133 profit in 2021 to € 30,490 loss in 2023.
Paid € 5,810 in corporate taxes since 2021.
Best year ever: 2021, with € 11,133 profit.
Management
Behind IMMO GE-CO is Guido Coolen.
Directors
According to the 2023 annual accounts
Guido Coolen
Director
since 2012
Establishments
Establishment units
Physical locations of this company
Meeuwerkiezel 180
3960 Bree
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.
Details
- Company number
- 0843.805.671
- VAT number
- BE 0843.805.671
- Registered office
- Meeuwerkiezel 180, 3960 Bree
- Names & denominations
- IMMO GE-CO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 17 February 2012
- Peppol
- Not registered
- Activities · NACE
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Activiteiten van holdings
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Holdings
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering