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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Negative equity NBB
More debt than assets in 2 of the last 3 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
GERICO IMMO from Charleroi, company number BE1002240721, closed financial year 2025 with a result of € -5,269 after tax. For that financial year GERICO IMMO recorded a gross margin of € 35,786 and equity of € -43,983. Compared with financial year 2024, the result moved from € -42,516 to € -5,269. The company made a loss. 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 30, 2026.
€ -43,983
▼ € 5,269 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -5,269
▲ 88 % less loss than in 2024
Profit after tax over the fiscal year.
€ 1,435
▲ 288% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -48,983.
Debts at end 2025
€ 388,679
▼ 3% vs 2024
€ 16,257 is repaid this year. At this pace the long-term loan is gone in ≈ 24 years.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € -1,198 | € -105 | € 35,786 | ▲ € 35,892 |
| Profit after taxes | € -1,198 | € -42,516 | € -5,269 | ▲ € 37,248 |
| Equity | € 3,802 | € -38,715 | € -43,983 | ▼ € 5,269 |
| Total debts | € 1,198 | € 494,421 | € 480,072 | ▼ 3% |
| Cash | € 5,000 | € 370 | € 1,435 | ▲ 288% |
| Land & buildings | - | € 455,337 | € 434,653 | ▼ 5% |
| Retained profit | € -1,198 | € -43,715 | € -48,983 | ▼ € 5,269 |
| Bank debt | € 0 | € 401,528 | € 388,679 | ▼ 3% |
| Balance sheet total | € 5,000 | € 455,706 | € 436,089 | ▼ 4% |
Key figures of GERICO IMMO, fiscal years 2023 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 GERICO IMMO?
What happened at GERICO 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 € 5,269. filed late Source: NBB ↗
- New establishment in Charleroi. KBO
- LUAN ETEMI became a director. NBB
- BEKIME SINANOVSKI became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 1,198 loss in 2023 to € 5,269 loss in 2025.
Management
Behind GERICO IMMO are LUAN ETEMI and BEKIME SINANOVSKI . BEKIME SINANOVSKI is also behind GERICO INDUSTRY.
Directors
According to the 2025 annual accounts
LUAN ETEMI
Director
since 2023
since 2023
Establishments
Establishment units
Physical locations of this company
Rue Wattelar Maximilien 18
6040 Charleroi
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.
Details
- Company number
- 1002.240.721
- VAT number
- BE 1002.240.721
- Registered office
- Rue Wattelar Maximilien 18, 6040 Charleroi
- Names & denominations
- GERICO IMMO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 November 2023
- Peppol
- Not registered