GE Immo
ActiveGE Immo has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €209k and a net result of €-14k. Equity is shrinking by ~11.4% per year across the filed fiscal years. Its solvency ranks better than 95% of 1865 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
70
/ 100
Healthy▼ -8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency100=
Growth32=
Stability100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity ample (current ratio 2.4 against 4.36 in 2024), and 5.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Sector 25
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
18202122232425
2018 to 2025 · latest year -€14k
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-04-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
35 d early
2023
41 d early
2022
229 d late
2021
206 d late
2020
56 d early
2018
28 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
09-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€209k▼ 6.2%
2024 · €223k
2018: €462k
2020: €434k
2021: €441k
2022: €246k
2023: €228k
2024: €223k
2018 → 2025
Total assets
€222k▼ 20.1%
2024 · €278k
2018: €684k
2020: €572k
2021: €593k
2022: €385k
2023: €297k
2024: €278k
2018 → 2025
Net result
€-14k▼ 174%
2024 · €-5k
2018: €7k
2020: €-35k
2021: €7k
2022: €-195k
2023: €-18k
2024: €-5k
2018 → 2025
Working capital
€18k▼ 79.3%
2024 · €88k
2018: €260k
2020: €262k
2021: €282k
2022: €100k
2023: €75k
2024: €88k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€441k-€246k▼ 44.2%€228k▼ 7.3%€223k▼ 2.2%€209k▼ 6.2%
Operating result€11k-€-194k€-14k▲ 93.0%€-138▲ 99.0%€-11k▼ 8,034%
Net result€7k-€-195k€-18k▲ 90.8%€-5k▲ 72.0%€-14k▼ 174%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €11k in 2025 against €138 in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €222k
Fixed assets
€191k▲ 16.2%
Current assets
€31k▼ 72.7%
Equity and liabilities €222k
Equity
€209k▼ 6.2%
Debt
€13k▼ 76.6%
The debt ratio falls from 19.9% to 5.8%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€18k▼
2024 · €34k
Cash flow
€16k▼
2024 · €29k
Solvency
94.2%▲
2024 · 80.1%
Current ratio
2.40▼
2024 · 4.36
Quick ratio
2.40▼
2024 · 4.36
Debt / equity
0.06▼
2024 · 0.25
ROE
-6.6%▼
2024 · -2.3%
ROA
-6.2%▼
2024 · -1.8%
Interest coverage
6.51▼
2024 · 6.96
Debt
€13k▼
2024 · €55k
Debt ≤ 1 year
€13k▼
2024 · €26k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€278k€222k▼
Fixed assets21/28€164k€191k▲
Tangible fixed assets22/27€164k€191k▲
Land and buildings22€142k€117k▼
Plant, machinery and equipment23€13k€74k▲
Furniture and vehicles24€9k-
Current assets29/58€114k€31k▼
Amounts receivable within one year40/41€25k€15k▼
Trade receivables40€5k€7k▲
Other amounts receivable41€20k€8k▼
Cash at bank and in hand54/58€79k€16k▼
Deferred charges and accrued income490/1€9k-
Equity and liabilities
Total equity and liabilities10/49€278k€222k▼
Equity10/15€223k€209k▼
Contributions10/11€115k€115k=
Reserves13€63k€63k=
Non-distributable reserves130/1€13k€13k=
Reserves not available under the articles1311€13k€13k=
Tax-exempt reserves132€50k€50k=
Profit (loss) carried forward14€45k€31k▼
Amounts payable17/49€55k€13k▼
Amounts payable after more than one year17€29k-
Financial debts170/4€29k-
Amounts payable within one year42/48€26k€13k▼
Current portion of amounts payable after more than one year42€17k-
Trade debts44€10k€12k▲
Suppliers440/4€9k€12k▲
Bills of exchange payable441€108-
Advances received on contracts in progress46-€1k
Income statement
Code20242025
Non-recurring operating income76A€5k€5k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€34k€30k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€1k-
Other operating charges640/8€11k€17k▲
Non-recurring operating charges66A€121-
Gross operating margin9900€46k€36k▼
Operating profit (loss)9901€-138€-11k▼
Financial income75/76B-€274
Recurring financial income75-€274
Financial charges65/66B€5k€3k▼
Recurring financial charges65€5k€3k▼
Profit (loss) for the period before taxes9903€-5k€-14k▼
Profit (loss) for the period9904€-5k€-14k▼
Profit (loss) for the period to be appropriated9905€-5k€-14k▼
Appropriation of the result
Profit (loss) to be appropriated9906€45k€31k▼
Profit (loss) brought forward from the previous period14P€50k€45k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
26-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
20-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
15-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 229 days late
2022
22-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 206 days late
30-09
Financial
Weakest financial yearnet €-195k ▼2888%
Net result drops to €-195k, the lowest in the series; recovery starts the following year.
2021
30-09
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
05-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
02-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
26-03
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
03-04
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
29-03
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
11-04-2025
Marra Mattia: Resigned as Director
11-04-2025
Mele Aldo: Resigned as Director
Location & real-estate footprint
Registered office, Manage · 1 establishment unit since 2013
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
rue des Brasseries 67170 ManageGround area
2,460 m²
Building footprint
796 m²
Volume, LiDAR
5,897 m³
Parcel 52043F0423/00E000, Wallonia · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
rue des Brasseries 6, 7170 Manage
since 20132.237.301.238
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52043F0423/00E000 | Wallonia | 2,460 m² | 1 · 796 m² | 8.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
D.P.A.
BE 1008.553.144
La Louvière · Eq €209k
REX Panels & Profiles
BE 0473.823.026
Tournai · Eq €209k
IRON AGE
BE 0817.069.996
Hasselt · Eq €210k
MAGI CONSTRUCT
BE 0809.523.101
Torhout · Eq €208k
GMG SERVICE
BE 0818.039.897
Beveren · Eq €210k
Of 3,964 companies in sector 25110 we hold annual accounts for 2,134. 1,652 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-04-2006
Fiscal year end30-09
Activities, NACEBEL
25110Manufacture of metal structures and parts of structures
28110
41001General construction of residential buildings
43990Other specialised construction activities
25210Manufacture of fabricated metal products, except machinery and equipment
25300Manufacture of fabricated metal products, except machinery and equipment
25401Forging of metal
25402Manufacture of fabricated metal products, except machinery and equipment
25502Manufacture of fabricated metal products, except machinery and equipment
25530Machining of metals
28300
28402
28520
43999Specialised construction activities
45250
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 09-09-2026. Scores and ratios are computed by Checked and are not a credit decision.