GreSam IMMO
ActiveSummary
GreSam IMMO has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6,619 and a net result of -€3,478. Equity fluctuates too strongly from year to year to read a trend from it. The computed 12-month bankruptcy probability is 0.6% (low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 27-07-2006 Normal situation
- Activity
- No activity registered in the KBO
- Establishment unit
- 2.166.788.176 7070 Le Roeulx, since 24-07-2006
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.6%
- Gross margin
- €25,530
- ▼ 22.1%
- Turnover
- ≈ €100,000
- estimated
- Loss
- €3,478
- Equity
- €6,619
- ▼ 34.5%
- Total assets
- €337,351
- ▼ 4.8%
Score breakdownraises risk1 change of registered office in 24 monthslowers riskSize: total assets €337,351Figures for financial year 2025 (filed on 20-07-2026)No main activity registeredShow the evidence
Checked score
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 (no NACE code, micro). It does better than 17% of them on solvency, 11% on liquidity, 33% on profitability and 12% on growth.
The bankruptcy probability was computed on 03-11-2026 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.
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).
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
The company filed its last 7 accounts on average 23 days before the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 20-07-2026 at the NBB all 18 filings
Every figure per financial year
The operating result for 2025 is 68% lower than in 2024 and the lowest since 2021.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Securities and guarantees
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Carrying value of the mortgaged assets | €391,821 | - | - | - | - |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €2,570 | - | - | €1,866 | €4,865 |
| Depreciation and write-downs of the year | €17,896 | €18,150 | €18,150 | €18,182 | €18,759 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €16,698 | €17,893 | €17,893 | €17,896 | €18,150 | €18,150 | €18,182 | €18,759 | ▲ 3.2% |
| Other operating charges640/8 | - | - | - | €2,882 | €2,887 | €3,031 | €3,622 | €3,214 | ▼ 11.3% |
| Non-recurring operating charges66A | - | - | - | - | - | €1,420 | - | - | - |
| Gross operating margin9900 | €19,280 | €33,279 | €14,495 | €27,489 | €26,730 | €27,206 | €32,783 | €25,530 | ▼ 22.1% |
| Operating profit (loss)9901 | -€169 | €12,708 | -€6,310 | €6,711 | €5,693 | €4,605 | €10,979 | €3,557 | ▼ 67.6% |
| Financial charges65/66B | - | - | - | €2,362 | €1,514 | €665 | €6,830 | €7,035 | ▲ 3.0% |
| Recurring financial charges65 | €4,815 | €4,018 | €3,269 | €2,362 | €1,514 | €665 | €6,830 | €7,035 | ▲ 3.0% |
| Profit (loss) for the period before taxes9903 | -€4,984 | €8,690 | -€9,579 | €4,349 | €4,178 | €3,939 | €4,149 | -€3,478 | - |
| Income taxes67/77 | €65 | - | - | - | - | - | - | - | - |
| Profit (loss) for the period9904 | -€5,049 | €8,690 | -€9,579 | €4,349 | €4,178 | €3,939 | €4,149 | -€3,478 | - |
| Profit (loss) for the period to be appropriated9905 | -€5,049 | €8,690 | -€9,579 | €4,349 | €4,178 | €3,939 | €4,149 | -€3,478 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €437,824 | €431,445 | €416,303 | €401,272 | €381,092 | €367,875 | €354,402 | €337,351 | ▼ 4.8% |
| Fixed assets21/28 | €433,950 | €428,010 | €410,117 | €394,790 | €376,640 | €358,490 | €342,174 | €328,280 | ▼ 4.1% |
| Tangible fixed assets22/27 | €433,950 | €428,010 | €410,117 | €394,790 | €376,640 | €358,490 | €342,174 | €328,280 | ▼ 4.1% |
| Land and buildings22 | - | - | - | €391,821 | €374,096 | €356,370 | €340,478 | €327,008 | ▼ 4.0% |
| Plant, machinery and equipment23 | - | - | - | €2,969 | €2,545 | €2,121 | €1,697 | €1,272 | ▼ 25.0% |
| Current assets29/58 | €3,874 | €3,435 | €6,186 | €6,482 | €4,452 | €9,384 | €12,228 | €9,071 | ▼ 25.8% |
| Amounts receivable within one year40/41 | €96 | €96 | €2,706 | €1,162 | €1,066 | €1,066 | - | - | - |
| Other amounts receivable41 | - | - | - | €1,162 | €1,066 | €1,066 | - | - | - |
| Cash at bank and in hand54/58 | €3,248 | €2,759 | €2,880 | €4,698 | €2,697 | €7,559 | €11,456 | €8,276 | ▼ 27.8% |
| Deferred charges and accrued income490/1 | - | - | - | €622 | €689 | €760 | €772 | €795 | ▲ 3.0% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €437,824 | €431,445 | €416,303 | €401,272 | €381,092 | €367,875 | €354,402 | €337,351 | ▼ 4.8% |
| Equity10/15 | -€5,629 | €3,061 | -€6,519 | -€2,170 | €2,008 | €5,948 | €10,097 | €6,619 | ▼ 34.5% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Profit (loss) carried forward14 | -€24,229 | -€15,539 | -€25,119 | -€20,770 | -€16,592 | -€12,652 | -€8,503 | -€11,982 | ▼ 40.9% |
| Amounts payable17/49 | €443,453 | €428,384 | €422,821 | €403,442 | €379,084 | €361,927 | €344,305 | €330,733 | ▼ 3.9% |
| Amounts payable after more than one year17 | €110,799 | €82,455 | €53,252 | €23,163 | - | - | €123,243 | €101,758 | ▼ 17.4% |
| Financial debts170/4 | - | - | - | €23,163 | - | - | €123,243 | €101,758 | ▼ 17.4% |
| Amounts payable within one year42/48 | €330,903 | €343,429 | €368,369 | €379,079 | €377,884 | €360,027 | €219,612 | €228,233 | ▲ 3.9% |
| Current portion of amounts payable after more than one year42 | - | - | - | €30,089 | €23,163 | - | €20,458 | €21,485 | ▲ 5.0% |
| Trade debts44 | €214 | - | - | €2,918 | - | - | - | €674 | - |
| Suppliers440/4 | - | - | - | €2,918 | - | - | - | €674 | - |
| Taxes, remuneration and social security45 | - | - | - | €154 | - | - | - | - | - |
| Taxes450/3 | - | - | - | €154 | - | - | - | - | - |
| Other amounts payable47/48 | - | - | - | €345,919 | €354,721 | €360,027 | €199,154 | €206,074 | ▲ 3.5% |
| Accrued charges and deferred income492/3 | - | - | - | €1,200 | €1,200 | €1,900 | €1,450 | €742 | ▼ 48.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€5,049 | €8,690 | -€9,579 | €4,349 | €4,178 | €3,939 | €4,149 | -€3,478 | - |
| + Depreciation and write-downs630 | €16,698 | €17,893 | €17,893 | €17,896 | €18,150 | €18,150 | €18,182 | €18,759 | ▲ 3.2% |
| Operating cash flow (approximation) | €11,649 | €26,583 | €8,313 | €22,245 | €22,328 | €22,089 | €22,331 | €15,281 | ▼ 31.6% |
| Investment in fixed assets (approximation) | - | -€11,953 | €0 | -€2,570 | €0 | €0 | -€1,866 | -€4,865 | ▼ 161% |
| Change in cash | - | -€490 | €121 | €1,818 | -€2,001 | €4,862 | €3,898 | -€3,180 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 974 companies had the same profile as GreSam IMMO has now. Two years later, 92.8% were still going and 2.3% had gone bankrupt.
- Micro
- 20 years or older
- solvency under 10%
- a small loss
Another 0.4% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of GreSam IMMO itself: 0.6% within 12 months.
Test of the method
The method was tested on the 497,446 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.
| 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 974 companies, not a prediction for GreSam 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.
Latest 10 of 18 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 20-07-2026 | 2026-00310544 | |
| 31-12-2024 | micro format | 10-07-2025 | 2025-00253695 | |
| 31-12-2023 | micro format | 27-06-2024 | 2024-00167936 | |
| 31-12-2022 | micro format | 28-06-2023 | 2023-00167992 | |
| 31-12-2021 | micro format | 09-07-2022 | 2022-20166661 | |
| 31-12-2020 | micro format | 17-06-2021 | 2021-20500585 | |
| 31-12-2019 | micro format | 05-08-2020 | 2020-38900145 | |
| 31-12-2018 | micro format | 27-08-2019 | 2019-50700536 | |
| 31-12-2017 | micro format | 30-08-2018 | 2018-53000548 | |
| 31-12-2016 | micro format | 31-08-2017 | 2017-52400372 |
Board & ownership
Directors
Owners and capital
Shareholders
- Fernando CENTURIONE 250 shares
- Samantha CENTURIONE 250 shares
- Fernando CENTURIONE to Samantha CENTURIONE 250 shares
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Samantha CENTURIONE |
|
| Fernando CENTURIONE |
|
Network & group
GreSam IMMO shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of GreSam IMMO. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
08-08
Gazette deed
Registered office moved to Le RoeulxTransfer of 250 shares · New seat: Chaussée de Mons, 33 à 7070 Le Roeulx · Resignation: Fernando CENTURIONE (director)11 points ▸
- General meeting, 14-07-2025
- Fernando CENTURIONE holds 250 shares
- Samantha CENTURIONE holds 250 shares
- Director in office, Fernando CENTURIONE (director)
- Other provision, 14-07-2025
- Director resignation, Fernando CENTURIONE (director)
- Director discharge, Fernando CENTURIONE
- Director appointment, Samantha CENTURIONE (director)
- Other provision, “administrateur de substitution, administrateur de substitution” (deed in French)
- Registered-office move, Chaussée de Mons,33 à 7070 Le Roeulx
- Share transfer, Fernando CENTURIONE → Samantha CENTURIONE
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 55043B0056/00F013 | Wallonia | 1,068 m² | 1 · 143 m² | 7.7 m · 2 |