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GEXINCON - IMMO

Active Public limited companyfounded 1991active for 35 yearsLauralaan 56, 1082 Berchem-Sainte-AgatheKBO/BCE: BE 0443.970.483 #6 oldest company in Berchem-Sainte-Agathe, Real estate sector

Lifetime

19 annual accounts with figures on one time axis, 34 filings since 1991
peak €99,980 (2018)
€56,172▲ 17.8%
lowest -€70,645 (2008)
€86▲ €7,865
peak €481,815 (2023)
€474,123unchanged
€177,408▲ 104%
Board2 names since 2021
2 directorsHans Frédéric and 1 other
Documentsfilings and deeds
11-07-202620 days before the deadline
2025abbreviated format
Gross margin from €47,681 to €56,172Back to profit: €86Debts from €86,768 to €177,408Cash from €6,157 to €120,169

Key points

from the 2025 annual accounts

Turnover

≈ €120,000 estimated

The accounts state no turnover.

Debts

€177,408 ▲ 104%
Financial debts
+59,881
Other debts
+22,002
Suppliers
+10,012
The rest
-1,255

Debts rose by €90,640 in 2025.

Filings

34 annual accounts since 1991
AprilJune31 JulyOctober200020102020

Nine of the last ten came late. The 2023 accounts came latest: 258 days after the end of the period.

Checked score

95
Excellent
Financially stronger than 63% of micro companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% 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).

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

Last 24 months 12-2024: 1.5% 01-2025: 3.1%▲ +1.6 percentage points vs 12-2024 02-2025: 3.1%● unchanged vs 01-2025 03-2025: 3.3%▲ +0.2 percentage points vs 02-2025highest value 04-2025: 2.9%▼ -0.4 percentage points vs 03-2025 05-2025: 0.7%▼ -2.2 percentage points vs 04-2025 06-2025: 0.6%▼ -0.1 percentage points vs 05-2025 07-2025: 0.7%▲ +0.1 percentage points vs 06-2025 08-2025: 0.9%▲ +0.2 percentage points vs 07-2025 09-2025: 0.2%▼ -0.7 percentage points vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: < 0.1%▼ -0.2 percentage points vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value

Financial strength
Strong

88-9equity 63.2% of total assets
69+18short-term debt 11.1% · cash 16.0%
69+2return on assets 0.0%

Score breakdown

raises risk
1 of the last 3 accounts late
lowers risk
Size: total assets €750,337
Founded in 1991
Liquidity: current ratio 1.86, cash €120,169
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 73% of them on solvency, 80% on liquidity, 56% on profitability and 45% 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 31-12-2025.

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, 14,766 companies had the same profile as GEXINCON - IMMO has now. Each dot stands for 37 companies, two years later.

96.2%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of GEXINCON - IMMO itself: < 0.1% 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 14,766 companies, not a prediction for GEXINCON - IMMO. 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 €45,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 1.86 (1.49 in 2024), above the usual 1.5. Short-term debt is 11.1% and cash 16% of total assets. 36.8% 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
lowers risk · Size: total assets €750,337
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · 1 of the last 3 accounts late
NBB · filings
lowers risk · Founded in 1991
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 · Liquidity: current ratio 1.86, cash €120,169
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-07-2026, 20 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
20 days early
2024
20 days late
2023
258 days late
2022
155 days late
2021
74 days late
2019
27 days late
2018
62 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 82 days after 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 (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 13 October (4 of the last 5 accounts filed within 94 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

HF
Hans Frédéric
Director, since 01-01-2021
HM
Director
  • Hans Philippe 1,250 sharesdeed of 03-03-2026
Board & ownership

Recent changes

Appointment: Hans Manon (director) Hans Philippe holds 1,250 shares · General meeting of 22-05-2025 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0443970483
First establishment GEXINCON-IMMO, Josse Goffinlaan 25, Berchem-Sainte-Agathe
Incorporation published on 17-05-1991 · Gazette deed
All 46 events

Comparable companies

same main activity, similar in size and age
Company
GEXINCON - IMMO Berchem-Sainte-Agathe €750,337 €56,172 63.2% -
NEXT GENERATION DEVELOPMENT Ixelles €703,256 €53,724 94.9% -
TITANS Merelbeke-Melle €741,019 €52,116 48.9% -
AENOVA Sint-Martens-Latem €781,922 €63,204 18.8% -
Maison FLEURQUIN Brugelette €748,545 €64,764 94.8% -
SECURIMMO Ostend €640,961 €52,524 80.0% -
CONSTANCE Genappe €627,209 €56,456 74.0% -

These companies have the same main activity as GEXINCON - IMMO: real estate agency activities (NACE 68310). They are comparable in size and age: total assets between €627,000 and €782,000, founded between 1990 and 1992.

Official details

Source: KBO
Status
Active since 16-04-1991Normal situation
Activity
Real estate agency activitiesNACE 68310
Establishment unit
2.052.944.6221082 Berchem-Sainte-Agathe, since 05-06-1991
Financial year end
31 December
Peppol
Reachable since 27-10-2025
Company details

Annual accounts 2025

€750,337▲ 13.4%
Filing
Filed on 11-07-2026, 20 days before the end of the filing period
Financials

Insights on GEXINCON - IMMO

GEXINCON - IMMO files the abbreviated format. That format states no turnover. The gross margin fell from €76,634 in 2006 to €56,172 in 2025.

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 GEXINCON - IMMO

What is the company number of GEXINCON - IMMO?
The company number of GEXINCON - IMMO is 0443.970.483. The VAT number is the same number with BE in front: BE 0443.970.483.
Where is GEXINCON - IMMO based?
The registered office is at Lauralaan 56, 1082 Berchem-Sainte-Agathe.Company details
What does GEXINCON - IMMO do?
According to the KBO register, the main activity is real estate agency activities (NACE 68310).
What is the legal form of GEXINCON - IMMO?
GEXINCON - IMMO is a public limited company (NV).
When was GEXINCON - IMMO founded?
GEXINCON - IMMO was founded on 16-04-1991.
Is GEXINCON - IMMO still active?
Yes, GEXINCON - IMMO is an active enterprise in the KBO register.
What is the turnover of GEXINCON - IMMO?
The turnover in financial year 2025 is ≈ €120,000. This figure is estimated from the gross margin of €56,172 and 32 comparable companies (NACE 683). It probably lies between €77,000 and €160,000.Financials
Is GEXINCON - IMMO profitable?
In financial year 2025, GEXINCON - IMMO made a profit of €86.
Where can I find the annual accounts of GEXINCON - IMMO?
GEXINCON - IMMO filed 34 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of GEXINCON - IMMO due?
GEXINCON - IMMO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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