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 40 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
HESBAYE IMMO from Geer, company number BE0849190260, closed financial year 2025 with a result of € 722,334 after tax. For that financial year HESBAYE IMMO recorded a gross margin of € 2.6 million and equity of € 3.4 million. Compared with financial year 2024, the result moved from € 795,654 to € 722,334. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on December 18, 2025.
€ 3.4 million
▲ 23% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 722,334
▼ 9% vs 2024
Profit after tax over the fiscal year.
€ 11,012
▼ 97% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 1.8 million.
People and assets in 2025
€ 9.8 million
▼ 10% vs 2024
Of which on lease € 9.8 million.
Debts at end 2025
€ 10.8 million
▼ 13% vs 2024
€ 1.7 million is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 79,880
▼ 80% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 2,500,000 | - | - | - | |
| Gross margin | € 2,544,640 | € 2,558,891 | € 2,566,876 | € 2,556,607 | |
| Profit after taxes | € 279,556 | € 702,572 | € 795,654 | € 722,334 | ▼ 9% |
| Equity | € 1,472,199 | € 2,082,548 | € 2,788,810 | € 3,421,751 | ▲ 23% |
| Total debts | € 16,823,650 | € 15,337,259 | € 14,111,972 | € 10,850,785 | ▼ 23% |
| Cash | € 8,466 | € 8,472 | € 328,730 | € 11,012 | ▼ 97% |
| Land & buildings | € 3,696,358 | € 3,693,176 | € 3,689,994 | € 3,686,812 | |
| Retained profit | € -404,498 | € 298,074 | € 1,093,728 | € 1,816,062 | ▲ 66% |
| Bank debt | € 16,706,159 | € 15,217,344 | € 12,397,099 | € 10,770,905 | ▼ 13% |
| Balance sheet total | € 18,295,849 | € 17,419,807 | € 16,900,782 | € 14,272,536 | ▼ 16% |
Key figures of HESBAYE 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 30 January 2027.
What happened to HESBAYE IMMO?
What happened at HESBAYE IMMO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- SASTRACO BV stepped down as director. NBB
- CD-X BV stepped down as director. NBB
- CIBUS CONSULT BV stepped down as director. NBB
- VASTICOM BV stepped down as director. NBB
- SPINOLA BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 722,334 (▼ 9% vs 2024). Source: NBB ↗
- VIMICON BV stepped down as director. NBB
- SASTRACO BV became a director. NBB
In short
From € 279,556 profit in 2022 to € 722,334 profit in 2025.
Paid € 180,626 in corporate taxes since 2022.
Best year ever: 2024, with € 795,654 profit.
Management
The stake of DIGROM IMMO, Crop's Vegetables comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
HESBAYE IMMOThe shares are held by DIGROM IMMO (50%) and Crop's Vegetables (50%).
Directors
According to the 2025 annual accounts
Director · represented by Sabine Sagaert
Also active at: LOTUS BAKERIES, HESBAYEFROST, ARDO, Van Genechten Packaging International
since 2025 · until 2028
Director · represented by Carl Dewulf
Also active at: LVD COMPANY, CROP'S, HESBAYEFROST, SAEY, SIHOLD, LVD ROBOTIC SOLUTIONS
since 2025 · until 2028
Director · represented by Tijl Goens
Also active at: DUJARDIN FOODS, ARDO ARDOOIE, HESBAYEFROST, ARDO E. HASPESLAGH, ARDO ENERGY BELGIUM, HESBAYE ENERGIE
since 2023 · until 2025
since 2025 · until 2028
Director · represented by Michel Delbaere
Also active at: CROP'S, HESBAYEFROST, Crop's Vegetables, Agri Po, HESBAYE ENERGIE, CROP'S HOLDING
since 2023 · until 2026
Director · represented by Jan Vander Stichele
Also active at: LOTUS BAKERIES, HESBAYEFROST, STEENHOUT, BEAULIEU INTERNATIONAL GROUP, B.I.G COORDINATION CENTER, ARDO ENERGY, Vanéflon Holding, DIGROM IMMO +2 more
since 2025 · until 2028
Shareholders
50%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue Emile Lejeune(GR) 20
4250 Geer
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0849.190.260
- VAT number
- BE 0849.190.260
- Registered office
- Rue Emile Lejeune(GR) 20, 4250 Geer
- Names & denominations
- HESBAYE IMMO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 2 October 2012
- Peppol
- Active · Active since 18 Nov 2025
- Activities · NACE
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