ACTIVE

IMMOBILIERE SAINT GEORGES

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Financial year 2025 · closed on 31/12/2025

Net result

-19,3 k €

-20.8% YoY

Gross margin

300,1 k €

+9.5% YoY

Equity

2,4 M €

-0.8% YoY

What does IMMOBILIERE SAINT GEORGES do?

IMMOBILIERE SAINT GEORGES is a Public limited company incorporated in 1988. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Frameries.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0435.700.442

Incorporation

26/10/1988

Legal form

Public limited company

Registered office

Rue Montavaux 155
7080 Frameries · WallonieSee on map

Contributed capital

446 200,00 €

Latest accounts

31/12/2025

Activities (NACE)

68203Rental and operating of own or leased real estate· main 68203Rental and operating of own or leased real estate 82990Other business support service activities n.e.c.82990Other business support service activities n.e.c.

Joint committees (1)

Signals

Solid equityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	300,1 k €	+9.5%	274,2 k €	-7.9%	297,8 k €	+30.7%	227,9 k €	-46.0%	422,5 k €	+41.6%	298,3 k €	+13.4%	263,1 k €	-57.0%	611,9 k €	+68.7%	362,7 k €	-5.1%	382,3 k €	-15.7%	453,7 k €	-10.1%	504,8 k €	+23.1%	410 k €	+0.9%	406,2 k €	+3.0%	394,5 k €	-8.8%	432,6 k €	+12.5%	384,6 k €	+1.3%	379,9 k €	-7.3%	409,9 k €	+19.6%	342,6 k €
EBITDA	248,9 k €	+11.5%	223,3 k €	+15.8%	192,8 k €	+4.5%	184,6 k €	-50.9%	375,8 k €	+50.5%	249,6 k €	+14.4%	218,3 k €	-59.3%	536,2 k €	+104%	263,2 k €	-2.0%	268,6 k €	-1.9%	273,8 k €	+3.3%	265,1 k €	+1.7%	260,8 k €	-5.4%	275,6 k €	-7.5%	297,9 k €	-8.4%	325,2 k €	+21.0%	268,8 k €	-0.8%	271,1 k €	-17.0%	326,8 k €	+24.1%	263,4 k €
Operating result	1,9 k €	-63.8%	5,2 k €	-77.7%	23,3 k €	+42.7%	16,3 k €	-91.6%	194,4 k €	+389%	39,8 k €	+333%	-17,1 k €	-106%	266,2 k €	+448%	48,6 k €	+2.2%	47,5 k €	+12.9%	42,1 k €	-20.9%	53,2 k €	+26.2%	42,1 k €	-34.9%	64,7 k €	-23.1%	84,2 k €	-24.4%	111,3 k €	+111%	52,8 k €	-21.3%	67 k €	-44.0%	119,7 k €	+77.6%	67,4 k €
Net result	-19,3 k €	-20.8%	-16 k €	-165%	24,5 k €	+2103%	-1,2 k €	-101%	150,1 k €	+3.6%	144,9 k €	+1450%	-10,7 k €	-106%	191,4 k €	+171%	70,7 k €	-93.1%	1 M €	+8134%	-12,8 k €	+33.8%	-19,3 k €	+49.7%	-38,3 k €	-83.6%	-20,9 k €	-10446%	-198 €	+98.1%	-10,3 k €	+67.1%	-31,3 k €	-51.0%	-20,7 k €	-122%	92,5 k €	+6020%	-1,6 k €
Balance sheet
Equity	2,4 M €	-0.8%	2,4 M €	-0.7%	2,4 M €	+1.0%	2,4 M €	-0.1%	2,4 M €	+6.7%	2,2 M €	+6.9%	2,1 M €	-0.5%	2,1 M €	+10.0%	1,9 M €	+3.9%	1,8 M €	+127%	809,3 k €	-1.6%	822,1 k €	-2.3%	841,4 k €	-4.4%	879,7 k €	-2.3%	900,6 k €	-0.0%	900,8 k €	-1.1%	911,1 k €	-3.3%	942,4 k €	-2.2%	963,1 k €	+10.6%	870,6 k €
Total assets	3,7 M €	+4.3%	3,5 M €	-6.0%	3,7 M €	+27.2%	2,9 M €	-5.8%	3,1 M €	-4.1%	3,2 M €	-4.6%	3,4 M €	+2.8%	3,3 M €	+5.4%	3,1 M €	-10.1%	3,5 M €	+32.8%	2,6 M €	-4.0%	2,7 M €	+3.0%	2,7 M €	-4.7%	2,8 M €	-3.4%	2,9 M €	-5.9%	3,1 M €	-1.2%	3,1 M €	+5.7%	2,9 M €	-3.4%	3 M €	+2.9%	3 M €
Cash	27,7 k €	-2.1%	28,3 k €	-70.4%	95,9 k €	-32.9%	142,8 k €	+156%	55,7 k €	-35.6%	86,5 k €	+103%	42,6 k €	+38.3%	30,8 k €	-23.5%	40,3 k €	+61.2%	25 k €	-21.5%	31,8 k €	-88.5%	276,3 k €	+2484%	10,7 k €	-78.3%	49,3 k €	+886%	5 k €	-93.8%	80,9 k €	+926%	7,9 k €	-83.6%	48 k €	+144%	19,7 k €	+251%	5,6 k €
Debts	1 M €	+22.9%	841,8 k €	-17.6%	1 M €	+366%	219,3 k €	-41.0%	371,9 k €	-45.4%	681,7 k €	-18.8%	840 k €	+19.9%	700,4 k €	-7.6%	757,8 k €	-33.2%	1,1 M €	-37.2%	1,8 M €	-5.1%	1,9 M €	+5.5%	1,8 M €	-4.9%	1,9 M €	-3.9%	2 M €	-8.4%	2,2 M €	-1.2%	2,2 M €	+10.1%	2 M €	-4.0%	2,1 M €	+0.1%	2,1 M €
Other
Workforce	–		–		–		–		–		–		–		0,2 ETP	-80.0%	1,0 ETP	0.0%	1,0 ETP	-66.7%	3,0 ETP	-36.2%	4,7 ETP	+104%	2,3 ETP	+15.0%	2,0 ETP	+100%	1,0 ETP	-50.0%	2,0 ETP	0.0%	2,0 ETP	+17.6%	1,7 ETP	+70.0%	1,0 ETP	0.0%	1,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 14 ended

Active mandates

GESTIPHARMA

Managing director · since 23 mai 2022 · until 22 mai 2028 · 0425.530.684

Represented by PIERRE-PASCAL HECQ

Active

WINGS FARMA

Director · since 23 mai 2022 · until 22 mai 2028 · 0550.851.716

Represented by PIERRE-PHILIPPE HECQ

Active

Ended mandates

FINPHARMA SA

Director · since 21 février 2022 · until 23 mai 2022

Represented by PHILIPPE BOULANGER

Ended

FINPHARMA SA

Director · since 21 février 2022 · until 23 mai 2024

Represented by PHILIPPE BOULANGER

Ended

WINGS FARMA

Director · since 21 février 2022 · until 23 mai 2024 · 0550.851.716

Represented by PIERRE-PHILIPPE HECQ

Ended

FARMIMMO

Director · since 24 mai 2018 · until 21 février 2022 · 0429.198.175

Ended

At this address

Other companies at this address

Company	CBE no.
ASSCOT● Active	0447.778.625
ATRIUM MANAGEMENT● Active	0478.169.913
BEPHAR● Active	0450.260.538
EVRAS● Active	0417.723.174
FARMIMMO● Active	0429.198.175
FELIX PHARMA● Active	0477.939.091
IMMOBILIERE DES QUATRE SEIGNEURIES● Active	0443.155.782
Immobilière Général Léman● Active	0403.358.761
IMMOBILIERE PRIMA● Active	0466.956.812
Les Pharmacies Réunies● Active	0403.082.213
OBIPHAR● Active	0878.100.418
PHARMACIE ANDROMEDE● Active	0882.318.631
PHARMACIE CLAERHOUT● Active	0423.162.203
Pharmacie de la Chasse Royale● Active	0867.368.654
PHARMACIE DE LA PLACE DE GHLIN● Active	0842.900.009
PHARMACIE FAIDHERBE● Active	0479.179.208
Pharmacie Grenez - Seeuws● Active	0419.745.130
PHARMACIE RONDEAU● Active	0447.088.737
PHARMACIE SCHNEIDER - DEPOUHON● Active	0439.400.397
PHARMANET● Active	0426.485.640

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/06/2026	05/08/2025	06/08/2024	23/08/2023	18/08/2022	09/08/2021
General meeting	30/05/2026	31/05/2025	25/05/2024	25/05/2023	27/05/2022	27/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	30/05/2026	30/06/2026	French	PDF
Micro model	31/12/2024	31/05/2025	05/08/2025	French	PDF
Micro model	31/12/2023	25/05/2024	06/08/2024	French	PDF
Micro model	31/12/2022	25/05/2023	23/08/2023	French	PDF
Micro model	31/12/2021	27/05/2022	18/08/2022	French	PDF
Abridged model	31/12/2020	27/05/2021	09/08/2021	French	PDF
Abridged model	31/12/2019	28/05/2020	25/08/2020	French	PDF
Abridged model	31/12/2018	23/05/2019	06/08/2019	French	PDF
Abridged model	31/12/2017	24/05/2018	20/07/2018	French	PDF
Abridged model	31/12/2016	26/05/2017	04/07/2017	French	PDF
Abridged model	31/12/2015	26/05/2016	19/07/2016	French	PDF
Abridged model	31/12/2014	28/05/2015	14/08/2015	French	PDF
Abridged model	31/12/2013	22/05/2014	17/07/2014	French	PDF
Abridged model	31/12/2012	23/05/2013	26/08/2013	French	PDF
Abridged model	31/12/2011	24/05/2012	09/07/2012	French	PDF
Abridged model	31/12/2010	28/05/2011	22/07/2011	French	PDF
Abridged model	31/12/2009	29/05/2010	25/08/2010	French	PDF
Abridged model	31/12/2008	06/06/2009	09/07/2009	French	PDF
Abridged model	31/12/2007	24/05/2008	22/07/2008	French	PDF
Abridged model	31/12/2006	26/05/2007	03/07/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 14 ended

Active mandates

GESTIPHARMA

Managing director · since 23 mai 2022 · until 22 mai 2028 · 0425.530.684

Represented by PIERRE-PASCAL HECQ

Active

WINGS FARMA

Director · since 23 mai 2022 · until 22 mai 2028 · 0550.851.716

Represented by PIERRE-PHILIPPE HECQ

Active

Ended mandates

FINPHARMA SA

Director · since 21 février 2022 · until 23 mai 2022

Represented by PHILIPPE BOULANGER

Ended

FINPHARMA SA

Director · since 21 février 2022 · until 23 mai 2024

Represented by PHILIPPE BOULANGER

Ended

WINGS FARMA

Director · since 21 février 2022 · until 23 mai 2024 · 0550.851.716

Represented by PIERRE-PHILIPPE HECQ

Ended

FARMIMMO

Director · since 24 mai 2018 · until 21 février 2022 · 0429.198.175

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates29/11/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates22/06/2022
DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates21/03/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates08/03/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates06/09/2018
DEMISSIONS, NOMINATIONS
PDF
Other27/12/2013
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates16/07/2012
DEMISSIONS, NOMINATIONS
PDF
Capital / shares14/02/2012
CAPITAL, ACTIONS
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025-19,3 k €↓
2024
Annual accounts 2024-16 k €↓
2023
Annual accounts 202324,5 k €↑
2022
Annual accounts 2022-1,2 k €↓
2021
Annual accounts 2021150,1 k €↑
2020
Annual accounts 2020144,9 k €↑
2019
Annual accounts 2019-10,7 k €↓
2018
Annual accounts 2018191,4 k €↑
2017
Annual accounts 201770,7 k €↓
2016
Annual accounts 20161 M €↑
2015
Annual accounts 2015-12,8 k €↑
2014
Annual accounts 2014-19,3 k €↑
2013
Annual accounts 2013-38,3 k €↓
2012
Annual accounts 2012-20,9 k €↓
2011
Annual accounts 2011-198 €↑
2010
Annual accounts 2010-10,3 k €↑
2009
Annual accounts 2009-31,3 k €↓
2008
Annual accounts 2008-20,7 k €↓
2007
Annual accounts 200792,5 k €↑
2006
Annual accounts 2006-1,6 k €
26/10/1988
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

IMMOBILIERE SAINT GEORGES

Overview

What does IMMOBILIERE SAINT GEORGES do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline