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GESTHORECA

Active
Private limited companyfounded 1994active for 32 yearsMaria van Hongarijelaan 69, 1083 Ganshoren, BelgiumKBO/BCE: BE 0452.711.272

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 21-07-2026 at the NBB all 28 filings

Equity
-€7,592=
2024 · -€7,592
Total assets
€177=
2024 · €177
Net result
-€980▲ 78.5%
2023 · -€4,568
Working capital
-€7,592=
2024 · -€7,592
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result for 2024 is a loss of €980, smaller than the loss of €4,566 in 2023.

Operating result-€980 2024 Net result-€980 2024

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Real estate activities (NACE 68). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result-€298-€5,437▼ 1,727%€70,438€2,798▼ 96.0%-€4,566-€980▲ 78.5%
Net result-€51--€306▼ 500%-€5,484within the sector's middle half▼ 1,695%€70,404above the sector's middle half€2,792within the sector's middle half▼ 96.0%-€4,568within the sector's middle half-€980within the sector's middle half▲ 78.5%
Equity-€56,529--€56,834▼ 0.5%-€62,319below the sector's middle half▼ 9.6%-€4,835below the sector's middle half▲ 92.2%-€2,043below the sector's middle half▲ 57.7%-€6,611below the sector's middle half▼ 224%-€7,592below the sector's middle half▼ 14.8%-€7,592below the sector's middle half=
Total assets€70-€112▲ 60.3%€80below the sector's middle half▼ 28.7%€8,085below the sector's middle half▲ 102×€18,603below the sector's middle half▲ 130%€1,115below the sector's middle half▼ 94.0%€177below the sector's middle half▼ 84.1%€177below the sector's middle half=
Debt€56,599-€56,946▲ 0.6%€62,398▲ 9.6%€12,920▼ 79.3%€20,646▲ 59.8%€7,726▼ 62.6%€7,769▲ 0.6%€7,769=
Working capital-€56,529--€56,834▼ 0.5%-€62,319within the sector's middle half▼ 9.6%€10,877within the sector's middle half-€6,611within the sector's middle half-€7,592within the sector's middle half▼ 14.8%-€7,592within the sector's middle half=
Solvency-59.8%below the sector's middle half-11.0%below the sector's middle half▲ 48.8pp
Current ratio2.41within the sector's middle half
Return on assets (ROA)870.8%above the sector's middle half15.0%above the sector's middle half▼ 855.8pp
above within below The sector band is the middle half of the companies in Real estate activities (NACE 68). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The micro format does not require them.
Key figures and ratios
2025 value · change against 2024
Debt ≤ 1 year
€7,769=
2024 · €7,769
The ratios are withheld because a balance sheet total of €177 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Comparable companies

These companies have the same main activity as GESTHORECA: buying and selling of own real estate (NACE 68110). They are comparable in size and age: total assets between €63 and €329, founded between 1989 and 2008.

CompanyFoundedTotal assetsEquityGross marginNet resultFinancial year
GESTHORECA Ganshoren1994€177-€7,592--2025
ALPHA LINE Waterloo2002€98-€296,987-€825-€341,7002025
MFM & Co Ukkel1989€63-€3,719€1,379€5812025
Coördinatie Bouw en Investeringen Hasselt2008€226-€645-€1,086-€1,8782025
DEKENS INVEST Roeselare2007€99-€9,153-€3,474-€3,5092025
T&J Projects Lede2007€326-€53,401--€4622025
IMMO INVEST Manhay2008€329-€779,284€38,620-€2,5952025

They were chosen from the 5,832 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 20 lines

Source: Annual accounts 2025 at the NBB, filed on 21-07-2026.

Balance sheet Code20242025
Assets
Total assets20/58€177€177=
Current assets29/58€177€177=
Cash at bank and in hand54/58€177€177=
Equity and liabilities
Total equity and liabilities10/49€177€177=
Equity10/15-€7,592-€7,592=
Contributions10/11€18,592€18,592=
Profit (loss) carried forward14-€26,184-€26,184=
Amounts payable17/49€7,769€7,769=
Amounts payable within one year42/48€7,769€7,769=
Trade debts44€980€980=
Suppliers440/4€980€980=
Taxes, remuneration and social security45€6,789€6,789=
Remuneration and social security454/9€6,789€6,789=
Income statement Code20242025
Gross operating margin9900-€980-
Operating profit (loss)9901-€980-
Profit (loss) for the period before taxes9903-€980-
Profit (loss) for the period9904-€980-
Profit (loss) for the period to be appropriated9905-€980-
Appropriation of the result
Profit (loss) to be appropriated9906-€26,184-€26,184=
Profit (loss) brought forward from the previous period14P-€25,203-€26,184▼

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.

Line20182019202020212022202320242025Change
Gross operating margin9900--€298-€5,437€70,438€2,798-€4,566-€980--
Operating profit (loss)9901--€298-€5,437€70,438€2,798-€4,566-€980--
Recurring financial income75-€1-------
Financial charges65/66B---€35€6€2---
Recurring financial charges65€51€9€48€35€6€2---
Profit (loss) for the period before taxes9903-€51-€306-€5,484€70,404€2,792-€4,568-€980--
Profit (loss) for the period9904-€51-€306-€5,484€70,404€2,792-€4,568-€980--
Profit (loss) for the period to be appropriated9905-€51-€306-€5,484€70,404€2,792-€4,568-€980--
Line20182019202020212022202320242025Change
Assets
Total assets20/58€70€112€80€8,085€18,603€1,115€177€177=
Current assets29/58€70€112€80€8,085€18,603€1,115€177€177=
Amounts receivable within one year40/41----€14,024€538---
Other amounts receivable41----€14,024€538---
Cash at bank and in hand54/58€70€112€80€8,085€4,579€577€177€177=
Deferred charges and accrued income490/1---€0-----
Equity and liabilities
Total equity and liabilities10/49€70€112€80€8,085€18,603€1,115€177€177=
Equity10/15-€56,529-€56,834-€62,319-€4,835-€2,043-€6,611-€7,592-€7,592=
Contributions10/11€18,592€18,592-€18,592€18,592€18,592€18,592€18,592=
Profit (loss) carried forward14-€75,121-€75,426-€80,911-€23,427-€20,635-€25,203-€26,184-€26,184=
Amounts payable17/49€56,599€56,946€62,398€12,920€20,646€7,726€7,769€7,769=
Amounts payable within one year42/48€56,599€56,946€62,398-€7,726€7,726€7,769€7,769=
Trade debts44€787€1,135€363---€980€980=
Suppliers440/4------€980€980=
Taxes, remuneration and social security45----€7,726€7,726€6,789€6,789=
Taxes450/3----€2,893----
Remuneration and social security454/9----€4,833€7,726€6,789€6,789=
Accrued charges and deferred income492/3---€12,920€12,920----
Line20182019202020212022202320242025Change
Profit (loss) for the period9904-€51-€306-€5,484€70,404€2,792-€4,568-€980--
Operating cash flow (approximation)-€51-€306-€5,484€70,404€2,792-€4,568-€980--
Change in cash-€42-€32€8,005-€3,506-€4,002-€400€0-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Latest 10 of 28 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 21-07-2026 2026-00318198 NBB
31-12-2024 micro format 31-07-2025 2025-00349330 PDF
31-12-2023 micro format 30-09-2024 2024-00481845 PDF
31-12-2022 micro format 09-08-2023 2023-00324276 PDF
31-12-2021 micro format 28-08-2022 2022-20344103 PDF
31-12-2020 micro format 25-08-2021 2021-54100138 PDF
31-12-2019 micro format 28-09-2020 2020-56400447 PDF
31-12-2018 micro format 31-08-2019 2019-60500084 PDF
31-12-2017 micro format 17-08-2018 2018-47500269 PDF
31-12-2016 micro format 12-08-2017 2017-43200190 PDF

Show all 28 filings

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