GEFA-IMMO
ActiveSummary
GEFA-IMMO has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €209k and a net result of €19k. Equity is shrinking by ~3.2% per year across the filed fiscal years. Its solvency ranks better than 20% of 438 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability41▲+5
Solvency39▲+1
Growth72=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity short (current ratio 0.52 against 0.48 in 2024; short-term debt: 86.2% and cash: 1.2% of total assets), and 86.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 77
Relative position
BE, all sectors
reference
Rental and leasing activities (NACE 77)
about 44% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
13.8%
Return on assets
1.3%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 438 sector peers (2025).
NBB · sector comparisonPosition among 438 sector peers
Solvency
better than 20%
← weakest
strongest →
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
26 d late
2024
34 d early
2023
9 d early
2022
3 d early
2021
26 d early
2020
19 d late
2019
8 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€54k=
2024 · €54k
2018: €12klowest in 8 years
2019: €12k● 0.0% vs 2018lowest in 8 years
2020: €32k▲ +164% vs 2019
2021: €54k▲ +67.8% vs 2020
2022: €54k● 0.0% vs 2021
2023: €54k● +0.0% vs 2022highest in 8 years
2024: €54k● 0.0% vs 2023highest in 8 years
2025: €54k● 0.0% vs 2024highest in 8 years
2018 → 2025
EBIT margin
80.7%▼ 0.3pp
2024 · 81.0%
2018: -178.0%
2019: -193.6%▼ -8.8% vs 2018lowest in 8 years
2020: 13.5%▲ +107% vs 2019
2021: 80.8%▲ +499% vs 2020
2022: 82.2%▲ +1.7% vs 2021highest in 8 years
2023: 81.1%▼ -1.3% vs 2022
2024: 81.0%▼ -0.1% vs 2023
2025: 80.7%▼ -0.3% vs 2024
2018 → 2025
Net result
€19k
2024 · €-8k
2018: €-22k
2019: €-24k▼ -9.7% vs 2018lowest in 8 years
2020: €4k▲ +117% vs 2019
2021: €19k▲ +363% vs 2020
2022: €13k▼ -33.2% vs 2021
2023: €13k▲ +2.8% vs 2022
2024: €-8k▼ -164% vs 2023
2025: €19k▲ +328% vs 2024highest in 8 years
2018 → 2025
Working capital
€-626k▲ 3.0%
2024 · €-645k
2018: €389khighest in 8 years
2019: €-506k▼ -230% vs 2018
2020: €-638k▼ -26.2% vs 2019
2021: €-637k▲ +0.2% vs 2020
2022: €-637k● -0.0% vs 2021
2023: €-637k● -0.0% vs 2022
2024: €-645k▼ -1.3% vs 2023lowest in 8 years
2025: €-626k▲ +3.0% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€54k-€54k=€54k=€54k=€54k=
2021: €54klowest in 5 years
2022: €54k● 0.0% vs 2021lowest in 5 years
2023: €54k● +0.0% vs 2022highest in 5 years
2024: €54k● 0.0% vs 2023highest in 5 years
2025: €54k● 0.0% vs 2024highest in 5 years
Equity€198k-€198k=€198k=€190k▼ 4.3%€209k▲ 10.2%
2021: €198k
2022: €198k● 0.0% vs 2021
2023: €198k● 0.0% vs 2022
2024: €190k▼ -4.3% vs 2023lowest in 5 years
2025: €209k▲ +10.2% vs 2024highest in 5 years
Operating result€44k-€44k▲ 1.7%€44k▼ 1.3%€44k▼ 0.1%€44k▼ 0.3%
2021: €44k
2022: €44k▲ +1.7% vs 2021highest in 5 years
2023: €44k▼ -1.3% vs 2022
2024: €44k▼ -0.1% vs 2023
2025: €44k▼ -0.3% vs 2024lowest in 5 years
Net result€19k-€13k▼ 33.2%€13k▲ 2.8%€-8k€19k
2021: €19k
2022: €13k▼ -33.2% vs 2021
2023: €13k▲ +2.8% vs 2022
2024: €-8k▼ -164% vs 2023lowest in 5 years
2025: €19k▲ +328% vs 2024highest in 5 years
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 0% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.51M
Fixed assets
€835k =
Current assets
€676k ▲ 13.5%
Equity and liabilities €1.51M
Equity
€209k ▲ 10.2%
Debt
€1.30M ▲ 4.9%
Debt's share of the balance-sheet total falls from 86.7% to 86.2%. Equity and debt are higher.
Key figures and ratios
Current ratio
0.52▲
2024 · 0.48
Debt to equity
6.24▼
2024 · 6.55
ROE
9.2%▲
2024 · -4.4%
ROA
1.3%▲
2024 · -0.6%
Debt ≤ 1 year
€1.30M▲
2024 · €1.24M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 37 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.43M€1.51M▲
Fixed assets21/28€835k€835k=
Tangible fixed assets22/27€835k€835k=
Land and buildings22€835k€835k=
Current assets29/58€596k€676k▲
Amounts receivable within one year40/41€589k€658k▲
Trade receivables40€12k€37k▲
Other amounts receivable41€578k€621k▲
Cash at bank and in hand54/58€6k€18k▲
Equity and liabilities
Total equity and liabilities10/49€1.43M€1.51M▲
Equity10/15€190k€209k▲
Contributions10/11€180k€180k=
Capital10€180k€180k=
Issued capital100€180k€180k=
Reserves13€18k€18k=
Non-distributable reserves130/1€18k€18k=
Legal reserve130€18k€18k=
Profit (loss) carried forward14€-8k€11k▲
Amounts payable17/49€1.24M€1.30M▲
Amounts payable within one year42/48€1.24M€1.30M▲
Trade debts44€69k€130k▲
Suppliers440/4€69k€130k▲
Other amounts payable47/48€1.17M€1.17M=
Income statement
Code20242025
Turnover70€54k€54k=
Goods, raw materials, services and sundry goods60/61€10k€10k▲
Other operating charges640/8€347€349▲
Gross operating margin9900€44k€44k▼
Operating profit (loss)9901€44k€44k▼
Financial income75/76B€12k€37k▲
Recurring financial income75€12k€37k▲
Financial charges65/66B€64k€61k▼
Recurring financial charges65€64k€61k▼
Profit (loss) for the period before taxes9903€-8k€19k▲
Profit (loss) for the period9904€-8k€19k▲
Profit (loss) for the period to be appropriated9905€-8k€19k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-8k€11k▲
Profit (loss) brought forward from the previous period14P-€-8k
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €54k | €54k | €54k | €54k | €54k | = |
| Non-recurring operating income76A | - | €7 | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | €9k | €9k | €10k | €10k | €10k | ▲ 1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | - | - | - | - | - |
| Other operating charges640/8 | €273 | €336 | €343 | €347 | €349 | ▲ 0.7% |
| Gross operating margin9900 | €45k | €45k | €44k | €44k | €44k | ▼ 0.3% |
| Operating profit (loss)9901 | €44k | €44k | €44k | €44k | €44k | ▼ 0.3% |
| Financial income75/76B | - | - | €21k | €12k | €37k | ▲ 204% |
| Recurring financial income75 | - | - | €21k | €12k | €37k | ▲ 204% |
| Financial charges65/66B | €25k | €32k | €51k | €64k | €61k | ▼ 5.1% |
| Recurring financial charges65 | €25k | €32k | €51k | €64k | €61k | ▼ 5.1% |
| Profit (loss) for the period before taxes9903 | €19k | €13k | €13k | €-8k | €19k | ▲ 328% |
| Profit (loss) for the period9904 | €19k | €13k | €13k | €-8k | €19k | ▲ 328% |
| Profit (loss) for the period to be appropriated9905 | €19k | €13k | €13k | €-8k | €19k | ▲ 328% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.35M | €1.39M | €1.42M | €1.43M | €1.51M | ▲ 5.6% |
| Fixed assets21/28 | €835k | €835k | €835k | €835k | €835k | = |
| Tangible fixed assets22/27 | €835k | €835k | €835k | €835k | €835k | = |
| Land and buildings22 | €835k | €835k | €835k | €835k | €835k | = |
| Current assets29/58 | €510k | €556k | €587k | €596k | €676k | ▲ 13.5% |
| Amounts receivable within one year40/41 | €509k | €552k | €585k | €589k | €658k | ▲ 11.7% |
| Trade receivables40 | €42k | €0 | €21k | €12k | €37k | ▲ 218% |
| Other amounts receivable41 | €467k | €552k | €565k | €578k | €621k | ▲ 7.6% |
| Cash at bank and in hand54/58 | €1k | €4k | €2k | €6k | €18k | ▲ 176% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.35M | €1.39M | €1.42M | €1.43M | €1.51M | ▲ 5.6% |
| Equity10/15 | €198k | €198k | €198k | €190k | €209k | ▲ 10.2% |
| Contributions10/11 | €180k | €180k | €180k | €180k | €180k | = |
| Capital10 | €180k | €180k | €180k | €180k | €180k | = |
| Issued capital100 | €180k | €180k | €180k | €180k | €180k | = |
| Reserves13 | €18k | €18k | €18k | €18k | €18k | = |
| Non-distributable reserves130/1 | €18k | €18k | €18k | €18k | €18k | = |
| Legal reserve130 | €18k | €18k | €18k | €18k | €18k | = |
| Profit (loss) carried forward14 | - | - | - | €-8k | €11k | ▲ 228% |
| Amounts payable17/49 | €1.15M | €1.19M | €1.22M | €1.24M | €1.30M | ▲ 4.9% |
| Amounts payable within one year42/48 | €1.15M | €1.19M | €1.22M | €1.24M | €1.30M | ▲ 4.9% |
| Trade debts44 | €25k | €34k | €52k | €69k | €130k | ▲ 88.9% |
| Suppliers440/4 | €25k | €34k | €52k | €69k | €130k | ▲ 88.9% |
| Other amounts payable47/48 | €1.12M | €1.16M | €1.17M | €1.17M | €1.17M | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €19k | €13k | €13k | €-8k | €19k | ▲ 328% |
| + Depreciation and write-downs630 | €1k | - | - | - | - | - |
| Operating cash flow (approximation) | €21k | €13k | €13k | €-8k | €19k | ▲ 328% |
| Investment in fixed assets (approximation) | - | €-7 | €0 | €0 | €0 | - |
| Change in cash | - | €2k | €-1k | €4k | €11k | ▲ 161% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 26 days late
2025
31-12
Financial
Back to profitnet €19k
Net result €19k after one loss-making year.
31-12
Financial
Equity above €200kEq €209k ▲10.2%
Equity rises from €190k to €209k.
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
22-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
19-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 19 days late
2020
31-12
Financial
Back to profitnet €4k
Net result €4k after 2 loss-making years.
23-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet €-24k
Net result drops to €-24k, the lowest in the series; recovery starts the following year.
02-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 2 days late
2018
10-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 59 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 15 acts read
About the unread acts
We know of 15 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
15 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Bocholt · 1 establishment unit since 1991
Ground area
3.8 ha
Building footprint
1.6 ha
Volume, LiDAR
120,806 m³
Parcel 72016A0001/00Z000, Flanders · tallest building 12.5 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
GEFA-IMMO
since 19912.054.520.178
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72016A0001/00Z000 | Flanders | 3.8 ha | 1 · 1.6 ha | 12.5 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 1,187 companies in sector 77399 we hold annual accounts for 710. 511 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded01-07-1991
Fiscal year end31-12
Activities, NACEBEL 2025
77399Renting and leasing of other machinery, equipment and tangible goods
68203Renting and operating of own or leased non-residential real estate, excluding land
Scores and ratios are computed by Checked and are not a credit decision.