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GESIMO

Active Public limited companyfounded 1992active for 33 yearsOorlogskruisenlaan 173, 1120 BrusselsKBO/BCE: BE 0449.190.469 subsidiary of CEGESPRO

Lifetime

19 annual accounts with figures on one time axis, 32 filings since 1994
peak €8,761 (2007)
€5,028▲ 7.4%
lowest -€40,964 (2009)
€6,433▲ 4.6%
peak €240,119 (2011)
€208,964▲ 3.2%
€2,182▲ 828%
Board2 names since 2015
2 directorsE & M and 1 other
Owners
Documentsfilings and deeds
10-10-202521 days before the deadline
2025micro format
2 directors appointed 07-07Debts from €235 to €2,182

Key points

from the 2025 annual accounts

Turnover

≈ €22,000 estimated

The accounts state no turnover.

Filings

32 annual accounts 10 days past the deadline
deadline200020102020

2026 accounts not filed: deadline was 31-10-2026.

Position in the sector

99.0%

Higher solvency than 95% of companies in real estate. Sector median 28.9% · 17,194 companies.

Checked score

92
Excellent
Financially stronger than 65% of micro companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 26,626 companies (NACE 68, micro).

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025lowest value 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: 0.1%▲ +0.1 percentage points vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.2%▲ +0.1 percentage points vs 10-2026highest value

Financial strength
Strong

100=equity 99.0% of total assets
63-3short-term debt 1.0% · cash 10.1%
45=return on assets 3.0%

Score breakdown

raises risk
Figures for financial year 2025 (filed on 15-10-2025)
lowers risk
Founded in 1992
Equity €208,964 (99.0% of total assets)
Sector: Real estate activities (NACE 68)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro). It does better than 91% of them on solvency, 74% on liquidity, 39% on profitability and 55% on growth.

The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-03-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 17,041 companies had the same profile as GESIMO has now. Each dot stands for 43 companies, two years later.

94.4%
were still trading
4.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.2% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of GESIMO itself: 0.2% within 12 months.

Test of the method

The method was tested on the 497,447 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 3.0% 3.1%
10 5.6% 6.2%

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 17,041 companies, not a prediction for GESIMO. 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.

Credit verdict

Credit of up to €19,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 85.47, above the usual 1.5. Short-term debt is 1% and cash 10.1% of total assets. 1% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2025 (filed on 15-10-2025)
NBB · annual accounts
lowers risk · Founded in 1992
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Equity €208,964 (99.0% of total assets)
NBB · annual accounts
lowers risk · Sector: Real estate activities (NACE 68)
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 10-10-2025, 21 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
not filed
2025
21 days early
2024
29 days late
2023
7 days late
2022
2 days early
2021
34 days early
2020
9 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 5 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

EM
Managing director, JACOBS Michel Firmin Julien
JE
Director, since 05-06-2015
  • CEGESPRO 100%score 93equity €468,135 (2025) · 31-07-2025 annual accounts of CEGESPRO
Board & ownership

Recent changes

2 directors appointed E & M (managing director) and JACOBS Eric Henri Charles · Permanent representative: JACOBS Michel Firmin Julien · General meeting of 12-06-2025 · Gazette deed
First establishment Sint-Annalaan 2, Auderghem
Incorporation published on 02-02-1993 · Gazette deed
All 43 events

Comparable companies

same main activity, similar in size and age
Company
GESIMO Brussels €211,146 €5,028 99.0% -
R.G. IMMO Tongeren-Borgloon €267,195 €4,784 99.6% -
BLUE FOREST Merelbeke-Melle €260,451 €5,471 59.8% -
KNOCK Uccle €284,928 €5,506 -2.0% -
BUREAU GERARD STROKER Woluwe-Saint-Lambert €161,827 €3,914 96.3% -
TELEWORKING PARTNERS Uccle €160,212 €6,326 46.8% -
BELEBA Ixelles €160,903 €7,228 92.5% -

These companies have the same main activity as GESIMO: real estate agency activities (NACE 68310). They are comparable in size and age: total assets between €160,000 and €285,000, founded between 1989 and 1995.

Official details

Source: KBO
Status
Active since 31-12-1992Normal situation
Activity
Real estate agency activitiesNACE 68310
Establishment unit
2.060.686.6081160 Auderghem, since 05-02-1993
Financial year end
31 March
Peppol
Reachable
Company details

Annual accounts to 31-03-2025

€211,146▲ 4.1%
Filing
Filed on 10-10-2025
Financials

Insights on GESIMO

GESIMO files the micro format. That format states no turnover. The gross margin fell from €8,761 in 2007 to €5,028 in 2025.

CEGESPRO holds all the shares. In July 2025, the Official Gazette published the appointment of E & M as managing director.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about GESIMO

What is the company number of GESIMO?
The company number of GESIMO is 0449.190.469. The VAT number is the same number with BE in front: BE 0449.190.469.
Where is GESIMO based?
The registered office is at Oorlogskruisenlaan 173, 1120 Brussels.Company details
What does GESIMO do?
According to the KBO register, the main activity is real estate agency activities (NACE 68310).
What is the legal form of GESIMO?
GESIMO is a public limited company (NV).
When was GESIMO founded?
GESIMO was founded on 31-12-1992.
Is GESIMO still active?
Yes, GESIMO is an active enterprise in the KBO register.
What is the turnover of GESIMO?
The turnover in financial year 2025 is ≈ €22,000. This figure is estimated from the gross margin of €5,028 and 37 comparable companies (NACE 68310). It probably lies between €7,300 and €37,000. It is a rough estimate.Financials
Is GESIMO profitable?
In financial year 2025, GESIMO made a profit of €6,433.
Where can I find the annual accounts of GESIMO?
GESIMO filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2025.

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