Equity
Debts exceed assets in financial year 2025.
Debts exceed assets in financial year 2025.
The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.
The accounts state no turnover.
Of this, €11.0m falls due within a year.
Six of the last ten came late. The 2019 accounts came latest: 89 days after the end of the period.
In July 2024, 140 companies had the same profile as CEDIMMO has now. Each dot is one company, two years later.
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 140 companies, not a prediction for CEDIMMO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
CEDIMMO files the micro format. That format states no turnover. The gross margin rose from -€8,695 in 2006 to €255,432 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
The turnover shown is an estimate from the gross margin.
Turnover ≈ €510,000. Estimated: probably between €360,000 and €750,000.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||||
20/58 |
11.9m | 12.4m | 16.0m | 14.0m | 14.6m | 15.1m | 15.1m | 15.8m | 17.9m | 12.0m | 10.0m | 8.1m | 4.8m | 7.6m | 8.1m | 4.9m | 5.1m | 5.2m | 2.7m | 3.0m | |
21/28 |
11.9m | 12.4m | 12.9m | 13.5m | 14.0m | 14.6m | 15.1m | 15.6m | 16.2m | 12.0m | 10.0m | 7.3m | 4.8m | 3.4m | 4.0m | 584,915 | 586,505 | 586,505 | 1.2m | 1.2m | |
21 |
- | - | - | - | 901 | 2,101 | 3,301 | 4,501 | 5,701 | - | - | - | - | - | - | - | - | - | - | - | |
22/27 |
7.3m | 7.8m | 8.4m | 8.9m | 9.5m | 10.0m | 10.5m | 11.1m | 11.6m | 12.0m | 9.9m | 7.3m | 4.7m | 3.4m | 3.4m | - | - | - | - | - | |
22 |
7.3m | 7.8m | 8.4m | 8.9m | 9.5m | 10.0m | 10.5m | 11.1m | 11.6m | 12.0m | 9.9m | 7.3m | 4.7m | 3.4m | 3.4m | - | - | - | - | - | |
28 |
4.6m | 4.6m | 4.6m | 4.6m | 4.6m | 4.6m | 4.6m | 4.6m | 4.6m | 14,733 | 14,733 | 14,733 | 10,783 | 10,783 | 584,915 | 584,915 | 586,505 | 586,505 | 1.2m | 1.2m | |
280/1 |
- | - | - | - | - | - | - | - | - | - | - | - | 10,783 | 10,783 | 584,915 | 584,915 | 586,505 | 586,505 | - | - | |
280 |
- | - | - | - | - | - | - | - | - | - | - | - | 10,783 | 10,783 | 584,915 | 584,915 | 586,505 | 586,505 | - | - | |
29/58 |
13,558 | 6,619 | 3.0m | 544,039 | 537,764 | 560,323 | 15,809 | 165,435 | 1.7m | 35,040 | 2,394 | 758,796 | 2,313 | 4.2m | 4.1m | 4.3m | 4.5m | 4.6m | 1.4m | 1.8m | |
40/41 |
4,581 | 6,619 | 3.0m | 544,039 | 537,764 | 560,323 | 9,020 | 2,485 | 1.7m | 143 | 143 | - | - | 4.1m | 4.1m | 4.3m | 4.5m | 4.6m | 747,115 | 1.1m | |
40 |
3,116 | 3,848 | 382,902 | 100,000 | 104,060 | 556,050 | 6,050 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
41 |
1,465 | 2,771 | 2.6m | 444,039 | 433,704 | 4,273 | 2,970 | 2,485 | 1.7m | 143 | 143 | - | - | 4.1m | 4.1m | 4.3m | 4.5m | 4.6m | 747,115 | 1.1m | |
50/53 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 684,417 | 661,760 | |
54/58 |
- | - | 4 | - | - | - | 739 | 162,950 | - | 29,750 | 40 | 756,649 | 206 | 31,440 | 22,269 | 120 | 371 | 246 | 1,063 | 686 | |
490/1 |
8,978 | - | - | - | - | - | 6,050 | - | 5,394 | 5,147 | 2,211 | 2,147 | 2,107 | 1,994 | 1,894 | - | - | - | 1,181 | 12,388 | |
| Balance sheet: equity and liabilities | |||||||||||||||||||||
10/49 |
11.9m | 12.4m | 16.0m | 14.0m | 14.6m | 15.1m | 15.1m | 15.8m | 17.9m | 12.0m | 10.0m | 8.1m | 4.8m | 7.6m | 8.1m | 4.9m | 5.1m | 5.2m | 2.7m | 3.0m | |
10/15 |
-401,101 | -26,829 | 381,515 | -599,517 | 63,355 | 364,439 | 404,179 | 451,805 | 1.0m | 1.7m | 126,035 | 4.2m | 4.5m | 4.7m | 4.9m | 4.8m | 4.8m | 4.7m | 1.3m | 1.3m | |
10/11 |
4.4m | 4.4m | 4.4m | 4.4m | 4.4m | 4.4m | 4.4m | 4.4m | 4.4m | 4.4m | 2.4m | 1.3m | 1.3m | 1.3m | 1.3m | 1.3m | 1.3m | 1.3m | 1.3m | 1.3m | |
10 |
4.4m | 4.4m | 4.4m | 4.4m | 4.4m | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
100 |
4.4m | 4.4m | 4.4m | 4.4m | 4.4m | 4.4m | 4.4m | 4.4m | 4.4m | 4.4m | 2.4m | 1.3m | 1.3m | 1.3m | 1.3m | 1.3m | 1.3m | 1.3m | 1.3m | 1.3m | |
13 |
126,800 | 126,800 | 126,800 | 126,800 | 126,800 | 126,800 | 126,800 | 126,800 | 126,800 | 126,800 | 126,800 | 126,800 | 126,800 | 126,800 | 126,800 | 126,800 | 126,800 | 126,800 | 15,500 | 14,500 | |
130/1 |
126,800 | 126,800 | 126,800 | 126,800 | 126,800 | 126,800 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
126,800 | 126,800 | 126,800 | 126,800 | 126,800 | 126,800 | 126,800 | 126,800 | 126,800 | 126,800 | 126,800 | 126,800 | 126,800 | 126,800 | 126,800 | 126,800 | 126,800 | 126,800 | 15,500 | 14,500 | |
14 |
-4.9m | -4.6m | -4.1m | -5.1m | -4.5m | -4.2m | -4.1m | -4.1m | -3.5m | -2.8m | -2.4m | 2.8m | 3.1m | 3.3m | 3.5m | 3.5m | 3.4m | 3.4m | 120 | -19,188 | |
17/49 |
12.3m | 12.4m | 15.6m | 14.6m | 14.5m | 14.8m | 14.7m | 15.4m | 16.9m | 10.3m | 9.8m | 3.8m | 227,569 | 2.9m | 3.2m | 5,278 | 329,747 | 484,491 | 1.4m | 1.7m | |
17 |
1.3m | 1.4m | 1.4m | 1.6m | 1.8m | 2.0m | 2.0m | 2.2m | 2.4m | 2.7m | 2.9m | 1.9m | - | - | - | - | - | - | 498,515 | 498,515 | |
170/4 |
1.3m | 1.4m | 1.4m | 1.6m | 1.8m | 2.0m | 2.0m | 2.2m | 2.4m | 2.7m | 2.9m | 1.9m | - | - | - | - | - | - | - | - | |
178/9 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 498,515 | 498,515 | |
42/48 |
11.0m | 11.0m | 14.1m | 13.0m | 12.7m | 12.8m | 12.7m | 13.2m | 14.5m | 7.6m | 7.0m | 1.9m | 227,569 | 2.9m | 3.2m | 5,278 | 329,648 | 484,491 | 882,772 | 1.1m | |
42 |
- | - | 168,000 | 168,000 | 168,000 | 168,000 | 168,000 | 168,000 | 168,000 | - | - | - | - | - | - | - | - | - | - | - | |
43 |
15,103 | 4,291 | - | 17,540 | 11,212 | 1,738 | - | - | 16,280 | - | 2,147 | - | - | - | - | - | - | - | - | - | |
430/8 |
15,103 | 4,291 | - | 17,540 | 11,212 | 1,738 | - | - | 16,280 | - | 2,147 | - | - | - | - | - | - | - | - | - | |
44 |
90,203 | 92,654 | 29,722 | 25,845 | 12,585 | 6,066 | 5,927 | 7,614 | 26,503 | 174,502 | 832,541 | 825,003 | 119,188 | 37,394 | 5,901 | 5,278 | 4,286 | 1,074 | 2,834 | 917 | |
440/4 |
90,203 | 92,654 | 29,722 | 25,845 | 12,585 | 6,066 | 5,927 | 7,614 | 26,503 | 174,502 | 832,541 | 825,003 | 119,188 | 37,394 | 5,901 | 5,278 | 4,286 | 1,074 | 2,834 | 917 | |
45 |
- | 46 | - | - | - | - | - | - | - | 7,182 | 7,182 | 6,384 | 3,192 | - | - | - | 1,776 | 1,925 | - | - | |
450/3 |
- | 46 | - | - | - | - | - | - | - | 7,182 | 7,182 | 6,384 | 3,192 | - | - | - | 1,776 | 1,925 | - | - | |
47/48 |
10.9m | 10.9m | 13.9m | 12.8m | 12.5m | 12.6m | 12.5m | 13.0m | 14.3m | 7.5m | 6.1m | 1.1m | 105,189 | 2.9m | 3.2m | - | 323,585 | 481,492 | 879,938 | 1.1m | |
492/3 |
- | - | 72,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | 99 | - | 6,000 | 105,574 | |
| Income statement | |||||||||||||||||||||
70/76A |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 207 | - | - | |
76A |
- | - | 1.0m | - | - | - | - | - | 7,182 | 10,277 | - | - | - | - | - | - | - | 113,401 | - | - | |
9900 |
255,432 | 232,920 | 1.6m | -67,443 | 304,943 | 575,705 | 572,524 | 154,997 | 170,534 | 149,260 | -67,632 | -26,696 | - | - | - | - | - | - | -9,077 | -8,695 | |
60/66A |
- | - | - | - | - | - | - | - | - | - | - | - | 170,948 | 165,238 | 25,846 | 5,350 | 10,399 | 3,758 | - | - | |
61 |
- | - | - | - | - | - | - | - | - | - | - | - | 24,338 | 9,137 | 4,529 | 4,409 | 9,422 | 2,799 | - | - | |
630 |
542,067 | 542,067 | 541,884 | 542,810 | 544,355 | 546,922 | 547,086 | 546,153 | 545,807 | 492,961 | 5.1m | 235,818 | 141,698 | 152,111 | 20,323 | - | - | - | - | - | |
640/8 |
15,446 | 15,638 | 16,440 | 12,368 | 11,868 | 11,687 | 14,240 | 13,693 | 236,172 | 7,373 | 4,121 | 4,123 | 4,912 | 3,990 | 994 | 942 | 977 | 959 | 942 | 1,032 | |
66A |
- | - | - | - | - | - | 2,298 | 89,987 | 27,286 | - | - | - | - | 18,983 | - | 1,554 | - | - | - | - | |
9901 |
-302,081 | -324,784 | 1.0m | -622,621 | -251,280 | 17,096 | 8,900 | -494,836 | -638,731 | -351,075 | -5.2m | -266,637 | -170,948 | -165,238 | -25,846 | -5,350 | -10,399 | -3,551 | -10,018 | -9,727 | |
75/76B |
13 | 136 | 31,380 | 9,521 | - | - | 3 | 1,395 | 19,079 | 745 | 571 | - | 22,107 | 29,739 | 55,224 | 63,892 | 55,402 | 3.6m | 59,924 | 79,836 | |
75 |
13 | 136 | 31,380 | 9,521 | - | - | 3 | 1,395 | 96 | 745 | 571 | - | 22,107 | 29,739 | 55,224 | 63,892 | 55,402 | 3.6m | 59,924 | 79,836 | |
750 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 21,600 | - | 3.5m | - | - | |
751 |
- | - | - | - | - | - | - | - | - | - | - | - | 22,107 | 29,739 | 55,224 | 42,292 | 55,402 | 113,025 | - | - | |
76B |
- | - | - | - | - | - | - | - | 18,983 | - | - | - | - | - | - | - | - | - | - | - | |
65/66B |
72,205 | 83,695 | 59,863 | 49,772 | 49,805 | 56,836 | 56,528 | 61,196 | 78,497 | 70,972 | 66,848 | 28,268 | 18,626 | 22,068 | 4,567 | 3,201 | 3,514 | 16,785 | 25,600 | 64,138 | |
65 |
72,205 | 83,695 | 59,863 | 49,772 | 49,805 | 56,836 | 56,528 | 61,196 | 78,497 | 70,972 | 66,848 | 28,268 | 18,626 | 22,068 | 4,567 | 3,201 | 3,514 | 16,785 | 25,600 | 64,138 | |
650 |
- | - | - | - | - | - | - | - | - | - | - | - | 18,440 | 21,717 | 4,537 | 3,062 | 3,385 | 15,477 | - | - | |
652/9 |
- | - | - | - | - | - | - | - | - | - | - | - | 186 | 351 | 30 | 138 | 129 | 1,308 | - | - | |
9903 |
-374,272 | -408,344 | 981,032 | -662,872 | -301,084 | -39,740 | -47,626 | -554,636 | -698,149 | -421,302 | -5.2m | -294,905 | -167,467 | -176,550 | 24,812 | 53,787 | 41,490 | 3.7m | 24,306 | 5,972 | |
67/77 |
- | - | - | - | - | - | - | - | 143 | - | - | - | - | - | - | - | -2,643 | 2,210 | 3,998 | -8 | |
670/3 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2,210 | - | - | |
77 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2,643 | - | - | - | |
9904 |
-374,272 | -408,344 | 981,032 | -662,872 | -301,084 | -39,740 | -47,626 | -554,636 | -698,292 | -421,302 | -5.2m | -294,905 | -167,467 | -176,550 | 24,812 | 53,787 | 44,133 | 3.7m | 20,307 | 5,980 | |
9905 |
-374,272 | -408,344 | 981,032 | -662,872 | -301,084 | -39,740 | -47,626 | -554,636 | -698,292 | -421,302 | -5.2m | -294,905 | -167,467 | -176,550 | 24,812 | 53,787 | 44,133 | 3.7m | 20,307 | 5,980 | |
| Appropriation of the result | |||||||||||||||||||||
9906 |
-4.9m | -4.6m | -4.1m | -5.1m | -4.5m | -4.2m | -4.1m | -4.1m | -3.5m | -2.8m | -2.4m | 2.8m | 3.1m | 3.3m | 3.5m | 3.5m | 3.4m | 3.7m | 1,120 | -19,188 | |
14P |
-4.6m | -4.1m | -5.1m | -4.5m | -4.2m | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 111,300 | 1,000 | - | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 111,300 | 1,000 | - | |
694/7 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 249,000 | - | - | |
695 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 249,000 | - | - | |
| Document | |||||||||||||||||||||
The accounts for 5 older financial years (2001-2005) were filed as documents without figures as data, scans for example.
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 29-08-2026.
2025 annual accounts filed 29 days after the deadline. Filed on 29 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00452539.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 29-08-2026 | 2026-00452539 | |
| 31-12-2024 | micro format | 30-08-2025 | 2025-00447194 | |
| 31-12-2023 | full format | 07-03-2024 | 2024-00041091 | |
| 31-12-2022 | full format | 04-08-2023 | 2023-00316462 | |
| 31-12-2021 | full format | 03-07-2022 | 2022-20137812 | |
| 31-12-2020 | full format | 03-08-2021 | 2021-45500101 | |
| 31-12-2019 | full format | 28-10-2020 | 2020-64000427 | |
| 31-12-2018 | full format | 23-08-2019 | 2019-50200550 | |
| 31-12-2017 | full format | 13-07-2018 | 2018-33100059 | |
| 31-12-2016 | full format | 14-07-2017 | 2017-32100123 | |
| 31-12-2015 | full format | 12-08-2016 | 2016-43300257 | |
| 31-12-2014 | full format | 20-08-2015 | 2015-44200107 | |
| 31-12-2013 | full format | 27-08-2014 | 2014-56200322 | |
| 31-12-2012 | full format | 10-07-2013 | 2013-29400023 | |
| 31-12-2011 | full format | 26-09-2012 | 2012-58300254 | |
| 31-12-2010 | full format | 30-08-2011 | 2011-53200510 | |
| 31-12-2009 | full format | 27-07-2010 | 2010-34600438 | |
| 31-12-2008 | full format | 03-07-2009 | 2009-35000079 | |
| 31-12-2007 | full format | 09-06-2008 | 2008-19000190 | |
| 31-12-2006 | full format | 02-07-2007 | 2007-30400265 | |
| 31-12-2005 | full format | 07-07-2006 | 2006-40700201 | |
| 31-12-2004 | full format | 12-07-2005 | 2005-44600147 | |
| 31-12-2003 | full format | 09-06-2004 | 2004-20600066 | |
| 31-12-2002 | full format | 26-05-2003 | 2003-15900205 | |
| 31-12-2001 | full format | 11-10-2002 | 2002-64700136 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 239,986 | 217,282 | 1.6m | -79,811 | 293,075 | 564,018 | 555,986 | 51,317 | -92,924 | 141,887 | -71,753 | -30,819 | -29,250 | -13,127 | -5,522 | - | - | - | - | - | ||
| 167,794 | 133,723 | 1.5m | -120,063 | 243,270 | 507,182 | 499,460 | -8,483 | -152,485 | 71,659 | -138,030 | -59,087 | -25,769 | -24,439 | 45,135 | - | - | - | - | - | ||
| 0 | 1,827 | 0 | 0 | 21,345 | 0 | 3,420 | 32,243 | 4.7m | 2.5m | 7.7m | 2.8m | 1.4m | 174,276 | 3.4m | - | - | 31,356 | - | - | ||
| - | - | - | - | - | - | -162,211 | - | - | 29,710 | -756,609 | 756,443 | -31,234 | 9,171 | 22,149 | -251 | 125 | -817 | 377 | - | ||
| -11.0m | -11.0m | -11.0m | -12.5m | -12.2m | -12.2m | -12.7m | -13.0m | -12.8m | -7.6m | -7.0m | -1.2m | -225,256 | 1.2m | 871,829 | 4.3m | 4.2m | 4.2m | 551,003 | 630,270 | ||
| -3.4% | -0.2% | 2.4% | -4.3% | 0.4% | 2.4% | 2.7% | 2.9% | 5.6% | 14.2% | 1.3% | 52.4% | 95.2% | 61.8% | 60.1% | 99.9% | 93.6% | 90.7% | 48.1% | 42.1% | ||
| 0.00 | 0.00 | 0.22 | 0.04 | 0.04 | 0.04 | 0.00 | 0.01 | 0.12 | 0.00 | 0.00 | 0.40 | 0.01 | 1.43 | 1.27 | - | 13.76 | 9.59 | 1.62 | 1.56 | ||
| - | - | 40.88 | - | - | 40.48 | 36.41 | 34.00 | 16.79 | 6.06 | 78.02 | 0.91 | 0.05 | 0.62 | 0.67 | 0.00 | 0.07 | 0.10 | 1.08 | 1.37 | ||
| - | - | 257.1% | - | -475.2% | -10.9% | -11.8% | -122.8% | -69.4% | -24.7% | - | -7.0% | -3.7% | -3.8% | 0.5% | 1.1% | 0.9% | 78.2% | 1.6% | 0.5% | ||
| -3.2% | -3.3% | 6.1% | -4.7% | -2.1% | -0.3% | -0.3% | -3.5% | -3.9% | -3.5% | -52.6% | -3.7% | -3.5% | -2.3% | 0.3% | 1.1% | 0.9% | 71.0% | 0.8% | 0.2% | ||
| 3.32 | 2.60 | 25.92 | -1.60 | 5.88 | - | - | - | - | - | - | - | -1.59 | -0.60 | -1.22 | - | - | - | - | - | ||
| - | - | - | - | - | - | - | - | - | - | - | - | 1787 days | 1494 days | 476 days | 437 days | 166 days | 140 days | - | - |
EBIT margin: not included in this filing.
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Mortgages, amount registered | - | - | €27,500 | €27,500 | €27,500 |
| - | - | €3.3m | €3.3m | €3.3m | |
| Carrying value of the mortgaged assets | - | - | €8.4m | €8.9m | €9.5m |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €1,827 | - | - | €21,345 |
| €542,067 | €542,067 | €541,884 | €542,810 | €544,355 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a loss of €302,081, smaller than the loss of €324,784 in 2024.
Equity is negative. Debt (€12.3m) exceeds the balance-sheet total (€11.9m).
Source: parent in its own accounts, lists of holdings in the owners' accounts
Source: list of holdings in its own 2016 accounts. Every holding stands with its own latest accounts.
| SOCIETE INDUSTRIELLE DE SERVICES
registered office since 17-07-2015 · founded in 2015 |
total assets €446.8m (2025) 0633.947.755 |
| NEO GEMA
registered office since 26-01-2006 · founded in 2005 · group |
total assets €212.9m (2025) 0876.019.767 |
| GEMA DEVELOPPEMENT
registered office since 13-09-2005 · founded in 2005 · group |
total assets €198.0m (2025) 0876.026.596 |
| VIGNOBLES AUSTRUY
registered office since 13-04-1995 · founded in 1994 · group |
total assets €150.7m (2025) 0452.855.584 |
| SIS IMMO INTERNATIONAL
registered office since 01-12-2022 · founded in 2022 |
total assets €37.1m (2025) 0794.292.220 |
| ARTSIDE DEVELOPMENT
registered office since 17-01-2012 · founded in 2012 |
total assets €27.2m (2025) 0843.005.521 |
| SIS IMMO BELGIQUE
registered office since 28-03-1996 · founded in 1996 · group SIS IMMO INTERNATIONAL |
total assets €19.0m (2025) 0457.630.657 |
| GEMA SERVICES
registered office since 20-03-2007 · founded in 2007 · group |
total assets €16.9m (2025) 0888.095.772 |
| REST HOME INVEST
registered office since 28-05-1993 · founded in 1993 · group SIS IMMO INTERNATIONAL |
total assets €12.0m (2025) 0450.208.771 |
| CRECHIMMO GROUP
registered office since 18-05-2015 · founded in 2015 · negative equity (2025) · group |
total assets €5.4m (2025) 0630.668.759 |
via , at CEDIMMO until 2020 · Director · deed of 24-04-2019 founded in 2003 · negative equity (2025) |
total assets €1.5m (2025) |
via , at CEDIMMO until 2016 · Director · deed of 30-09-2016 founded in 1994 |
total assets €150.7m (2025) |
The network starts from the earlier ties.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Terkamerenlaan 17 registered office 1000 Brussels | ||
| Langehaagstraat 59 1000 Brussels 68121 Development of residential building projects | 03-09-2002 | 2.114.063.431 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21822R0307/00D002 | 327 m² | 1 · 153 m² | 21.7 m · 5 |
| 21807G0078/00K000 | 121 m² | 1 · 121 m² | 18.9 m · 5 |
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