GESIMO

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

GESIMO

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Overview

Lifetime

19 annual accounts with figures on one time axis, 32 filings since 1994

Compare with

Gross marginpeak €8,761 (2007)

€5,028▲ 7.4%

Resultlowest -€40,964 (2009)

€6,433▲ 4.6%

Equitypeak €240,119 (2011)

€208,964▲ 3.2%

Debts

€2,182▲ 828%

Board2 names since 2015

2 directorsE & M and 1 other

Owners

100%CEGESPRO

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 6 days past the deadline

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% · 17,175 companies.

Checked score

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 26,627 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

Solvency

100=equity 99.0% of total assets

Liquidity

63-3short-term debt 1.0% · cash 10.1%

Profitability

45=return on assets 3.0%

Score breakdown

raises risk

Figures for financial year 2025 (filed on 15-10-2025)

lowers risk

Equity €208,964 (99.0% of total assets)

Founded in 1992

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 05-11-2026 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.

94.3%

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

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.

Signals

Five signals.

lowers riskraises riskneutral

Figures for financial year 2025 (filed on 15-10-2025)

NBB · annual accounts

Equity €208,964 (99.0% of total assets)

NBB · annual accounts

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

Sector: Real estate activities (NACE 68)

KBO

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)

No strike-offs in the KBO publications

That holds for every publication since 2021.

KBO publications

Board and ownership

E & M

Managing director, JACOBS Michel Firmin Julien

JACOBS Eric Henri Charles

Director, since 05-06-2015

CEGESPRO 100%score 93equity €468,135 (2025) · 31-07-2025 annual accounts of CEGESPRO

Board & ownership

Recent changes

07-07-2025

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

05-02-1993

First establishment Sint-Annalaan 2, Auderghem

31-12-1992

Incorporation published on 02-02-1993 · Gazette deed

All 43 events

Comparable companies

same main activity, similar in size and age

Company	Total assets	Gross margin	Solvency	Staff
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

Gross margin: €5,028▲ 7.4%
Profit: €6,433▲ 4.6%
Equity: €208,964▲ 3.2%
Total assets: €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.

Financials

Annual accounts 2025

micro format, filed on 10-10-2025, 21 days before the deadline

Gross margin

€5,028

▲ 7.4%

Operating result

€3,846

▲ 8.4%

EBITDA

Cash flow

Solvency

99.0%

▼ 0.9 percentage points

Current ratio

85.47

The turnover shown is an estimate from the gross margin.

Turnover ≈ €22,000. Estimated: probably between €7,300 and €37,000.

Money flows

no detail for 2025

Balance sheet

balance sheet total €211,146 on 31-03-2025

What the company ownsHow it is paid for

Change in equityin euro

Change in cashin euro

Position in the sector

Compare with sector

Solvency99.0%

Higher than 95% of 17,175 companies in 2025.

Current ratio85.47

Higher than 95% of 16,472 companies in 2025.

Return on assets3.0%

Higher than 57% of 16,851 companies in 2025.

GESIMO Middle half of the sector 80% of the sector Micro accounts in real estate (NACE 68)

Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: top quarter

Filed annual accounts

as filed with the National Bank, click a year to choose it

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Balance sheet: assets
Total assets`20/58`	211,146	202,766	196,470	189,443	186,314	194,974	203,454	212,096	221,082	229,597	234,600	235,821	237,735	239,303	241,119	239,820	281,632	278,874	232,458
Fixed assets`21/28`	24,622	24,622	24,622	24,622	26,237	27,852	29,468	31,391	33,314	35,237	37,160	37,544	39,159	40,774	47,845	51,509	55,172	58,836	217,129
Tangible fixed assets`22/27`	24,622	24,622	24,622	24,622	26,237	27,852	29,468	31,391	33,314	35,237	37,160	37,544	39,159	40,774	47,845	51,509	55,172	58,836	217,129
Land and buildings`22`	24,622	24,622	24,622	24,622	26,237	27,852	29,468	31,391	33,314	35,237	37,160	37,544	39,159	40,774	47,845	51,509	55,172	58,836	217,129
Current assets`29/58`	186,524	178,144	171,848	164,821	160,076	167,122	173,986	180,705	187,768	194,360	197,440	198,277	198,576	198,529	193,274	188,311	226,460	220,038	15,329
Amounts receivable within one year`40/41`	132,027	130,033	130,000	130,000	130,000	130,005	130,014	130,022	116	37	62	131	407	225	1,084	718	-	4,723	2,334
Trade receivables`40`	2,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other amounts receivable`41`	130,027	130,033	130,000	130,000	130,000	130,005	130,014	130,022	116	37	62	131	407	225	1,084	718	-	4,723	2,334
Current investments`50/53`	-	-	-	-	-	-	-	-	-	-	134,486	130,873	128,031	125,302	-	-	117,513	215,000	-
Cash at bank and in hand`54/58`	21,379	25,971	22,536	20,868	20,104	29,744	39,200	48,511	187,652	194,323	62,663	67,272	70,139	73,002	192,190	187,594	107,888	315	12,995
Deferred charges and accrued income`490/1`	33,117	22,141	19,313	13,953	9,973	7,373	4,773	2,173	-	-	229	-	-	-	-	-	1,059	-	-
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	211,146	202,766	196,470	189,443	186,314	194,974	203,454	212,096	221,082	229,597	234,600	235,821	237,735	239,303	241,119	239,820	281,632	278,874	232,458
Equity`10/15`	208,964	202,531	196,380	189,353	186,224	194,884	203,364	212,006	221,082	229,597	233,994	235,721	233,697	236,542	240,119	238,644	235,885	210,424	100,813
Contributions`10/11`	150,000	150,000	150,000	150,000	150,000	150,000	150,000	150,000	150,000	150,000	150,000	150,000	150,000	150,000	150,000	150,000	150,000	150,000	150,000
Capital`10`	150,000	150,000	150,000	150,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Issued capital`100`	150,000	150,000	150,000	150,000	150,000	150,000	150,000	150,000	150,000	150,000	150,000	150,000	150,000	150,000	150,000	150,000	150,000	150,000	150,000
Reserves`13`	15,000	15,000	15,000	15,000	15,000	15,000	15,000	15,000	15,000	15,000	15,000	15,000	-	-	-	-	-	128,944	-
Non-distributable reserves`130/1`	15,000	15,000	15,000	15,000	15,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Legal reserve`130`	15,000	15,000	15,000	15,000	15,000	15,000	15,000	15,000	15,000	15,000	15,000	15,000	-	-	-	-	-	-	-
Tax-exempt reserves`132`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	128,944	-
Profit (loss) carried forward`14`	43,964	37,531	31,380	24,353	21,224	29,884	38,364	47,006	56,082	64,597	68,994	70,721	83,697	86,542	90,119	88,644	85,885	-68,520	-49,187
Provisions and deferred taxes`16`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	66,426	37,603
Provisions for liabilities and charges`160/5`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	66,426	37,603
Amounts payable`17/49`	2,182	235	90	90	90	90	90	90	-	-	606	100	4,037	2,761	1,000	1,176	45,746	2,024	94,042
Amounts payable after more than one year`17`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	87,713
Financial debts`170/4`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	86,763
Other amounts payable`178/9`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	950
Amounts payable within one year`42/48`	2,182	235	90	90	90	90	90	90	-	-	200	100	-	399	-	37	45,206	1,419	4,910
Trade debts`44`	2,092	145	-	-	-	-	-	-	-	-	200	100	-	399	-	37	1,128	-	-
Suppliers`440/4`	2,092	145	-	-	-	-	-	-	-	-	200	100	-	399	-	37	1,128	-	-
Taxes, remuneration and social security`45`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	44,078	-	195
Taxes`450/3`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	44,078	-	195
Other amounts payable`47/48`	90	90	90	90	90	90	90	90	-	-	-	-	-	-	-	-	-	1,419	4,715
Accrued charges and deferred income`492/3`	-	-	-	-	-	-	-	-	-	-	406	-	4,037	2,361	1,000	1,139	540	605	1,419
Income statement
Turnover`70`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,821	6,442	4,152	4,199	12,865
Non-recurring operating income`76A`	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	195,370	-
Gross operating margin`9900`	5,028	4,682	5,560	3,233	-8,630	-8,484	-8,388	-8,394	-5,731	-231	-2,075	-2,399	-833	4,210	3,887	2,799	581	-11,504	8,761
Goods, raw materials, services and sundry goods`60/61`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,934	3,642	3,571	15,703	4,103
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	-	-	0	1,615	1,615	1,615	1,923	1,923	1,923	1,923	1,923	1,615	1,615	7,072	3,663	3,663	3,663	3,663	11,877
Provisions for liabilities and charges: additions (uses and reversals)`635/8`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-2,095
Other operating charges`640/8`	1,182	1,136	1,037	1,087	1,005	991	970	950	932	835	1,586	1,359	1,237	1,209	1,193	1,161	1,193	2,221	2,279
Non-recurring operating charges`66A`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	50	25	-
Operating profit (loss)`9901`	3,846	3,546	4,523	531	-11,250	-11,089	-11,282	-11,267	-8,586	-2,989	-5,584	-5,373	-3,684	-4,071	-970	-2,025	-4,276	-17,388	-3,299
Financial income`75/76B`	2,691	2,709	2,600	2,600	2,600	2,618	2,645	2,246	294	194	4,017	7,563	839	1,501	2,445	4,784	8,693	4,586	311
Recurring financial income`75`	2,691	2,709	2,600	2,600	2,600	2,618	2,645	2,246	294	194	4,017	7,563	839	1,501	2,445	4,784	8,693	4,586	311
Financial charges`65/66B`	104	104	96	2	11	9	5	55	223	1,602	160	167	-	1,006	0	-	-	6,541	15,627
Recurring financial charges`65`	104	104	96	2	11	9	5	55	223	1,602	160	167	-	1,006	0	-	-	6,541	15,627
Profit (loss) for the period before taxes`9903`	6,433	6,151	7,028	3,129	-8,661	-8,480	-8,642	-9,076	-8,514	-4,397	-1,727	2,023	-2,845	-3,577	1,475	2,759	4,367	176,003	-18,615
Income taxes`67/77`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	45,332	-34	-
Profit (loss) for the period`9904`	6,433	6,151	7,028	3,129	-8,661	-8,480	-8,642	-9,076	-8,514	-4,397	-1,727	2,023	-2,845	-3,577	1,475	2,759	-40,964	176,037	-18,615
Transfer from tax-exempt reserves`789`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	195,370	-	-
Transfer to tax-exempt reserves`689`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	195,370	-
Profit (loss) for the period to be appropriated`9905`	6,433	6,151	7,028	3,129	-8,661	-8,480	-8,642	-9,076	-8,514	-4,397	-1,727	2,023	-2,845	-3,577	1,475	2,759	154,406	-19,334	-18,615
Appropriation of the result
Profit (loss) to be appropriated`9906`	43,964	37,531	31,380	24,353	21,224	29,884	38,364	47,006	56,082	64,597	68,994	85,721	83,697	86,542	90,119	88,644	85,885	-68,520	-49,187
Profit (loss) brought forward from the previous period`14P`	37,531	31,380	24,353	21,224	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transfer to equity`691/2`	-	-	-	-	-	-	-	-	-	-	-	15,000	-	-	-	-	-	-	-
To the legal reserve`6920`	-	-	-	-	-	-	-	-	-	-	-	15,000	-	-	-	-	-	-	-
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The accounts for 13 older financial years (1994-2006) were filed as documents without figures as data, scans for example.

The notes to these accounts have 1 item. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 10-10-2025.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

Financial year	Type	Filed	Reference	Document
31-03-2025	micro format	10-10-2025	2025-00542277	PDF
31-03-2024	full format	29-11-2024	2024-00606949	PDF
31-03-2023	full format	07-11-2023	2023-00508658	PDF
31-03-2022	full format	29-10-2022	2022-20484079	PDF
31-03-2021	full format	27-09-2021	2021-69300451	PDF
31-03-2020	full format	22-10-2020	2020-62500180	PDF
31-03-2019	micro format	27-09-2019	2019-66700354	PDF
31-03-2018	micro format	23-10-2018	2018-69800204	PDF
31-03-2017	micro format	04-10-2017	2017-66100038	PDF
31-03-2016	full format	27-01-2017	2017-02500197	PDF
31-03-2015	full format	15-11-2016	2016-67900133	PDF
31-03-2014	full format	19-09-2014	2014-59300400	PDF
31-03-2013	full format	29-07-2013	2013-36500334	PDF
31-03-2012	full format	27-11-2012	2012-64700281	PDF
31-03-2011	full format	24-10-2011	2011-58400434	PDF
31-03-2010	full format	16-11-2010	2010-60600514	PDF
31-03-2009	full format	30-10-2009	2009-84100314	PDF
31-03-2008	full format	22-12-2008	2008-86500400	PDF
31-03-2007	full format	01-10-2007	2007-76300363	PDF
31-03-2006	full format	29-12-2006	2006-94100997	PDF
31-03-2005	full format	14-11-2005	2005-86002098	PDF
31-03-2004	full format	29-11-2004	2004-81404759	PDF
31-03-2003	full format	31-12-2003	2003-86701903	PDF
31-03-2002	full format	07-10-2002	2002-63503083	PDF
31-03-2001	full format	28-09-2001	2001-59701728	PDF
31-03-2000	full format	31-10-2000	2000-69004791	PDF
31-03-1999	full format	30-09-1999	1999-50200528	PDF
31-03-1998	full format	06-11-1998	1998-56402737	PDF
31-03-1997	full format	31-10-1997	1997-51302266	PDF
31-03-1996	full format	04-11-1996	1996-49800839	PDF
31-03-1995	full format	30-10-1995	1995-55504004	PDF
31-03-1994	full format	07-10-1994	1994-43002224	PDF

Key figures and ratios

per financial year, computed from the annual accounts

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
EBITDA	-	-	4,523	2,146	-9,635	-9,474	-9,359	-9,344	-6,663	-1,066	-3,661	-3,758	-2,069	3,000	2,694	1,638	-612	-13,724	8,578
Cash flow	-	-	7,028	4,744	-7,045	-6,865	-6,719	-7,153	-6,591	-2,474	196	3,638	-1,230	3,495	5,139	6,422	-37,301	179,700	-6,738
Investment in fixed assets (approximation)	-	-	0	0	0	0	0	0	0	0	1,540	0	0	0	0	0	0	-154,630	-
Change in cash	-4,592	3,435	1,668	764	-9,640	-9,456	-9,310	-139,141	-6,671	131,660	-4,609	-2,866	-2,863	-119,188	4,596	79,706	107,572	-12,680	-
Working capital	184,342	177,909	171,758	164,731	159,986	167,032	173,896	180,615	-	-	197,240	198,177	-	198,130	-	188,275	181,253	218,619	10,419
EBIT margin	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-14.2%	-31.4%	-	-	-25.6%
Solvency	99.0%	99.9%	100.0%	100.0%	100.0%	100.0%	100.0%	100.0%	100.0%	100.0%	99.7%	100.0%	98.3%	98.8%	99.6%	99.5%	83.8%	75.5%	43.4%
Current ratio	85.47	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5.01	-	3.12
Debt to equity	0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	-	0.00	0.00	0.02	0.01	0.00	0.00	0.19	0.01	0.93
ROE	3.1%	3.0%	3.6%	1.7%	-4.7%	-4.4%	-4.2%	-4.3%	-3.9%	-1.9%	-0.7%	0.9%	-1.2%	-1.5%	0.6%	1.2%	-17.4%	83.7%	-18.5%
ROA	3.0%	3.0%	3.6%	1.7%	-4.6%	-4.3%	-4.2%	-4.3%	-3.9%	-1.9%	-0.7%	0.9%	-1.2%	-1.5%	0.6%	1.2%	-14.5%	63.1%	-8.0%
Interest coverage	-	-	47.27	over 100	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Customer credit	-	-	-	-	-	-	-	-	-	-	-	-	-	-	58 days	41 days	-	411 days	66 days
Supplier credit	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4 days	115 days	-	-

EBIT margin: not included in this filing.

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.

Insights on GESIMO

The operating result for 2025 is 8% higher than in 2024. It is a recovery after the fall in 2024.

Debt's share of the balance-sheet total rises from 0.1% to 1.0%. Equity and debt are higher.

Board & ownership

Board

2 directors, 1 in day-to-day management, last change in 2025

E & M NV

Director and managing director, permanent representative JACOBS Michel Firmin Julien

director since 05-06-2015 managing director appointed by deed of 07-07-2025 6-year term from 2025

also on the board of 3 other companies

listed in the 2025 annual accounts, filed on 10-10-2025

JACOBS Eric Henri Charles

Director

since 05-06-2015 6-year term from 2025

listed in the 2025 annual accounts, filed on 10-10-2025

Day-to-day management: E & M

Permanent representatives 1

JACOBS Michel Firmin Julien

Permanent representative, for E & M

appointed by deed of 07-07-2025

Office holders in the KBO →

Mandates through the years

2 names, the dashed line is today

E & M
Director, Managing director

JACOBS Eric Henri Charles
Director

LeadershipBoardRest of the term

Mandates as a list

E & M
- Director, from 05-06-2015 to date
- Managing director, appointed by deed of 07-07-2025, still in office
JACOBS Eric Henri Charles
- Director, from 05-06-2015 to date

See the board, name and registered office on a given date →

Control

Parent

CEGESPRO

Equity €468,135

Profit €45,634 in 2025 (profit €62,846 in 2024)

Checked score 93

Source: accounts CEGESPRO 31-07-2025

100%

This company

GESIMO

Equity €208,964

Profit €6,433 in 2025

Further up the chainE & M 100%

Capital

Capital: €150,000
Shares: 1,250
Contribution per share: €120
Equity per share: €167 in 2025
Source: deed of 07-07-2025

Owners through the years

as the annual accounts name them

CEGESPRO

99%99.8%99.84%100%

100%

Owners as a list

CEGESPRO

Source: lists of holdings in the owners' accounts

Articles of association

deed of 07-07-2025 (in French)

Duration: Unlimited
Board rule: Term of at most 6 years
“ARTICLE 18 - PRESIDENCE, en cas d'absence ou d'empêchement,conseil désigne un de ses membres pour le remplacer”
“Moitié au moins membres présents ou représentés, ARTICLE 20 - DELIBERATIONS”
Annual meeting: Last Friday of September at 19:00

Network & group

Group

CEGESPRO has 1 direct subsidiary (accounts to 31-07-2025), the bar shows equity in euros

ParentCEGESPRO1 holding, 1 country accounts to 31-07-2025

Belgium 1 Equity Result

BE Gesimo SA €208,964 result €6,433

Source: list of holdings in the 31-07-2025 accounts of CEGESPRO. Every holding stands with its own latest accounts.

At the same address

Oorlogskruisenlaan 173, 1120 Brussels · 5 other companies

E & M registered office since 19-12-2012 · founded in 2012	total assets €14.5m (2025) 0508.689.081
CLERIM registered office since 26-04-1996 · founded in 1988	24 FTE (2025) 0435.369.355
SENIOR INN registered office since 31-01-2013 · founded in 2013	total assets €6.9m (2025) 0503.775.735
CEGESPRO registered office since 19-12-1990 · founded in 1990	total assets €998,126 (2025) 0442.397.105
GROUP E & M registered office since 01-10-2016	founded in 2016 0665.705.258

Connections & network

2 connected companies

Depth

The connected companies are in the list below.

This company Company Director Shareholding +N: links not shown yet

Linked via shared directors

CLERIM

via E & M · Managing director · deed of 07-07-2025

Founded in 1988 · 24 FTE (2025)

→

SENIOR INN

via E & M · Director · deed of 07-07-2025

Founded in 2013 · total assets €6.9m (2025)

→

Timeline

43 events since 1992

Board

Filings

Financial

Establishments

1995200020052010201520202025

2025

10-10-2025

Annual accounts 2025 filed PDFmicro format · 21 days before the deadline

07-07-2025

2 directors appointedE & M (managing director) and JACOBS Eric Henri Charles · Permanent representative: JACOBS Michel Firmin Julien · General meeting of 12-06-20257 points ▸

General meeting, 12-06-2025
Capital, €150,000, 1,250 shares
Board rule, 2
Director appointment, E & M
Director appointment, JACOBS Eric Henri Charles
Permanent representative, JACOBS Michel Firmin Julien
Director appointment, E & M (managing director)
The deed holds 3 more points.

Open the deed in the Belgian Official Gazette

2024

29-11-2024

Annual accounts 2024 filed PDFfull format · 29 days late

2023

07-11-2023

Annual accounts 2023 filed PDFfull format · 7 days late

2022

29-10-2022

Annual accounts 2022 filed PDFfull format · 2 days before the deadline

31-03-2022

Back to profit net €3,129 The net result is €3,129, after 7 loss-making years.

2021

27-09-2021

Annual accounts 2021 filed PDFfull format · 34 days before the deadline

2020

22-10-2020

Annual accounts 2020 filed PDFfull format · 9 days before the deadline

2019

27-09-2019

Annual accounts 2019 filed PDFmicro format · 34 days before the deadline

2018

23-10-2018

Annual accounts 2018 filed PDFmicro format · 8 days before the deadline

2017

04-10-2017

Annual accounts 2017 filed PDFmicro format · 27 days before the deadline

27-01-2017

Annual accounts 2016 filed PDFfull format · 88 days late

2016

15-11-2016

Annual accounts 2015 filed PDFfull format · 381 days late

2014

19-09-2014

Annual accounts 2014 filed PDFfull format · 42 days before the deadline

31-03-2014

Back to profit net €2,023 The net result is €2,023, after 2 loss-making years.

2013

29-07-2013

Annual accounts 2013 filed PDFfull format · 94 days before the deadline

2012

27-11-2012

Annual accounts 2012 filed PDFfull format · 27 days late

2011

24-10-2011

Annual accounts 2011 filed PDFfull format · 7 days before the deadline

2010

16-11-2010

Annual accounts 2010 filed PDFfull format · 16 days late

31-03-2010

Back to profit net €2,759 The net result is €2,759, after one loss-making year.

31-03-2010

Liquidity more than 1022 times current ratio 5122.73 The current ratio rises from 5.01 to 5122.73. Short-term debt falls from €45,206 to €37.

2009

30-10-2009

Annual accounts 2009 filed PDFfull format · 1 day before the deadline

31-03-2009

Weakest financial year net -€40,964 The net result drops to -€40,964, the lowest from 2007 to 2025. It recovers the following year.

2008

22-12-2008

Annual accounts 2008 filed PDFfull format · 52 days late

31-03-2008

Back to profit net €176,037 The net result is €176,037, after one loss-making year.

31-03-2008

Liquidity more than 49 times current ratio 155.08 The current ratio rises from 3.12 to 155.08. Short-term debt falls from €4,910 to €1,419.

31-03-2008

Equity above €200,000 equity €210,424 ▲109% Equity rises from €100,813 to €210,424.

2007

01-10-2007

Annual accounts 2007 filed PDFfull format · 30 days before the deadline

2006

29-12-2006

Annual accounts 2006 filed PDFfull format · 59 days late

2005

14-11-2005

Annual accounts 2005 filed PDFfull format

2004

29-11-2004

Annual accounts 2004 filed PDFfull format

2003

31-12-2003

Annual accounts 2003 filed PDFfull format

2002

07-10-2002

Annual accounts 2002 filed PDFfull format

2001

28-09-2001

Annual accounts 2001 filed PDFfull format

2000

31-10-2000

Annual accounts 2000 filed PDFfull format

1999

30-09-1999

Annual accounts 1999 filed PDFfull format

1998

06-11-1998

Annual accounts 1998 filed PDFfull format

1997

31-10-1997

Annual accounts 1997 filed PDFfull format

1996

04-11-1996

Annual accounts 1996 filed PDFfull format

1995

30-10-1995

Annual accounts 1995 filed PDFfull format

1994

07-10-1994

Annual accounts 1994 filed PDFfull format

1993

05-02-1993

First establishment Sint-Annalaan 2, Auderghem

1992

31-12-1992

Incorporation published on 02-02-1993

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official Gazette Filings with the National Bank

History

On 31 December 1992, GESIMO was incorporated.¹ Total assets went from €203,454 in 2019 to €211,146 in 2025.²

Company details

Identity

Enterprise number: 0449.190.469
VAT number: BE 0449.190.469
Peppol ID: 0208:0449190469
Legal form: Public limited company
Status: Active, normal situation
Founded: 31-12-1992
Financial year: ends on 31 March
Annual meeting: Last Friday of September at 19:00
deed of 07-07-2025 (in French)
Peppol: Reachable via PeppolFollow this company and you will hear the next morning if it leaves the Peppol register.
Name: GESIMO in French
Entity type: Legal entity
Duration: Unlimited
deed of 07-07-2025 (in French)
Registered office clause: “Région de Bruxelles-Capitale”
deed of 07-07-2025 (in French)

Activities

NACEBEL 2025

68310 Real estate agency activities main activity

Codes under NACEBEL 2008

68311 Real estate activities main activity

Codes under NACEBEL 2003

70311 main activity

Purpose: “D'acheter, de vendre, de réaliser ou de mettre en valeur sous quelque forme que ce soit, tous biens immobiliers; d'assurer la maintenance et…”
6 activities
D'acheter, de vendre, de réaliser ou de mettre en valeur sous quelque forme que ce soit, tous biens immobiliers; d'assurer la maintenance et la gestion de tous biens immobiliers; d'assurer la gestion d'un patrimoine mobilier.
A cet égard, elle pet acquérir ou construire des immeubles, prendre ou donner en location tous biens meubles et immeubles, consentir toutes aliénations, contracter ou consentir tous emprunts hypothécaires ou non, sauf si ceux-ci sont réservés par la loi aux Banques de dépôts, détenteurs de dépôts à courts termes, caisse d'épargne, sociétés hypothécaires et entreprises de capitalisation.
De fournir et de prester tous services et tous conseils pour le compte de toutes personnes physiques ou morales et de toutes entreprises commerciales ou autres, en matière mobilière comme en matière immobilière et, notamment, de fournir et de prester tous services et tous conseils dans les domaines administratif, technique, juridique, comptable, commercial, financier, ainsi que dans le domaine des assurances.
D'entreprendre, pour son compte ou pour compte de tiers, tous travaux d'études et de recherches pour la mise en valeur, ie financement et l'exploitation de toutes entreprises financières, commerciales, immobilières, industrielles, minières, forestières ou agricoles, tant en Belgique qu'à l'étranger; d'acquérir, sous quelque forme que ce soit, des participations dans toutes entreprises rentrant dans l'une des catégories précitées et d'en assurer la gestion.
Elle pourra aussi se livrer en Belgique ou à l'étranger d'une manière générale et sans que l'énumération qui va suivre soit limitative, à toutes exploitations et opérations commerciales et industrielles, financières et civiles, mobilières et immobilières ayant un rapport quelconque direct ou indirect, avec son objet ou pouvant en faciliter la réalisation.
Elle pourra également s'insérer par voie d'association, d'apport ou de fusion, de souscription, de participation, d'intervention financières ou autrement dans toutes les sociétés ou entreprises existantes ou à créer, dont l'objet serait analogue ou connexe au sien ou qui seraient susceptibles pour elle de favoriser le développement des affaires sociales.
deed of 07-07-2025 (in French)

Registered office and establishments

1 establishment

Establishment	Since	Unit number
Oorlogskruisenlaan 173 registered office 1120 Brussels
Sint-Annalaan 2 1160 Auderghem 68201 Renting and operating of own or leased residential real estate, excluding social housing	05-02-1993	2.060.686.608

Buildings and parcels at the addresses

Ground area: 999 m²
Buildings: 423 m²
Volume, LiDAR: 6,190 m³
Tallest building: 20.2 m

Buildings to scale, each on its own parcel

registered office establishment The establishment unit on the map

6 companies at this address See who is registered here

Parcels

Cadastral parcel	Area	Buildings	Height / floors
21819D0145/00N006	767 m²	1 · 363 m²	20.2 m · 6
21332C0056/00Y017	232 m²	1 · 60 m²	11.7 m · 3

Overview

Lifetime

Key points

Turnover

Filings

Position in the sector

Checked score

Score breakdown

Comparable companies, two years later

Credit verdict

Signals

Board and ownership

Recent changes

Comparable companies

Official details

Annual accounts to 31-03-2025

Insights on GESIMO

Financials

Annual accounts 2025

Money flows

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency99.0%

Current ratio85.47

Return on assets3.0%

Filed annual accounts

Filings

Key figures and ratios

Insights on GESIMO

Board & ownership

Board

Mandates through the years

Control

Capital

Owners through the years

Articles of association

Network & group

Group

Belgium 1 Equity Result

At the same address

Connections & network

Timeline

Timeline

History

Company details

Identity

Activities

Registered office and establishments

Buildings and parcels at the addresses

Location

Parcels