GEM IMMO
Annual accounts 2026
micro format, filed on 29-10-2026, 2 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €200,000. Estimated: probably between €130,000 and €350,000.
Balance sheet
balance sheet total €695,725 on 31-03-2026in euro
in euro
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2026 | 2025 | 2024 | 2023 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
695,725 | 709,132 | 721,908 | 704,884 | |
20 |
336 | 671 | 1,007 | 1,343 | |
21/28 |
561,990 | 589,741 | 617,491 | 620,346 | |
22/27 |
561,990 | 589,741 | 617,491 | 620,346 | |
22 |
561,990 | 589,741 | 617,491 | 620,346 | |
29/58 |
133,400 | 118,720 | 103,409 | 83,195 | |
54/58 |
131,418 | 118,720 | 103,409 | 83,195 | |
490/1 |
1,982 | - | - | - | |
| Balance sheet: equity and liabilities | |||||
10/49 |
695,725 | 709,132 | 721,908 | 704,884 | |
10/15 |
118,538 | 100,387 | 81,770 | 61,742 | |
10/11 |
20,000 | 20,000 | 20,000 | 20,000 | |
13 |
98,538 | 80,387 | 61,770 | 41,742 | |
130/1 |
1,001 | 1,001 | 1,001 | - | |
1311 |
1,001 | 1,001 | 1,001 | - | |
133 |
97,537 | 79,386 | 60,769 | 41,742 | |
17/49 |
577,187 | 608,744 | 640,137 | 643,142 | |
17 |
334,442 | 366,486 | 397,949 | 396,221 | |
170/4 |
334,442 | 366,486 | 397,949 | 396,221 | |
42/48 |
242,745 | 242,258 | 241,936 | 246,591 | |
42 |
32,043 | 31,464 | 30,896 | 27,613 | |
44 |
1,694 | 3,555 | 4,012 | 3,324 | |
440/4 |
1,694 | 3,555 | 4,012 | 3,324 | |
45 |
9,008 | 7,240 | 7,028 | 15,653 | |
450/3 |
9,008 | 7,240 | 7,028 | 15,653 | |
47/48 |
200,000 | 200,000 | 200,000 | 200,000 | |
492/3 |
- | - | 252 | 331 | |
| Income statement | |||||
9900 |
67,911 | 67,165 | 67,293 | 111,790 | |
630 |
28,086 | 28,086 | 27,307 | 40,925 | |
640/8 |
5,971 | 5,789 | 5,660 | 5,106 | |
9901 |
33,854 | 33,290 | 34,326 | 65,759 | |
65/66B |
6,902 | 7,433 | 7,270 | 8,363 | |
65 |
6,902 | 7,433 | 7,270 | 8,363 | |
9903 |
26,952 | 25,857 | 27,056 | 57,395 | |
67/77 |
8,801 | 7,240 | 7,228 | 15,653 | |
9904 |
18,151 | 18,617 | 19,828 | 41,742 | |
9905 |
18,151 | 18,617 | 19,828 | 41,742 | |
| Appropriation of the result | |||||
9906 |
18,151 | 18,617 | 19,828 | 41,742 | |
691/2 |
18,151 | 18,617 | 19,828 | 41,742 | |
6921 |
18,151 | 18,617 | 19,828 | 41,742 | |
| Document | |||||
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 2026 at the NBB, filed on 29-10-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2026 | 2025 | 2024 | 2023 |
|---|---|---|---|---|---|
| 61,940 | 61,376 | 61,633 | 106,684 | ||
| 46,237 | 46,704 | 47,135 | 82,667 | ||
| 336 | 336 | 24,116 | 660,936 | ||
| 12,698 | 15,310 | 20,214 | - | ||
| -109,345 | -123,539 | -138,527 | -163,396 | ||
| 17.0% | 14.2% | 11.3% | 8.8% | ||
| 0.55 | 0.49 | 0.43 | 0.34 | ||
| 4.87 | 6.06 | 7.83 | 10.42 | ||
| 15.3% | 18.5% | 24.2% | 67.6% | ||
| 2.6% | 2.6% | 2.7% | 5.9% | ||
| 8.97 | 8.26 | 8.48 | 12.76 |
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.
Investments
fixed assets acquired| Item | 31-03-2026 | 31-03-2025 | 31-03-2024 | 31-03-2023 |
|---|---|---|---|---|
| Tangible fixed assets | - | - | €24,116 | €660,936 |
| €28,086 | €28,086 | €27,307 | €40,925 |
Source: notes to the 2023 to 2026 annual accounts (statement of fixed assets)
Insights on GEM IMMO
The operating result for 2026 is 2% higher than in 2025. It is a recovery after the fall in 2025.
Debt's share of the balance-sheet total falls from 85.8% to 83.0%. Equity is higher and debt is lower.