ACTIVE

GSP IMMO

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Financial year 2025 · closed on 31/12/2025

Net result

-793,5 €

-110.6% YoY

Gross margin

41 k €

-15.9% YoY

Equity

216 k €

-0.4% YoY

What does GSP IMMO do?

GSP IMMO is a Private limited company incorporated in 1999. Its registered office is in La Hulpe.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0467.091.424

Incorporation

15/10/1999

Legal form

Private limited company

Registered office

Avenue Reine Astrid 92
1310 La Hulpe · WallonieSee on map

Contributed capital

7 268,98 €

Latest accounts

31/12/2025

Signals

Positive 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	41 k €	-15.9%	48,7 k €	-63.7%	134,1 k €	-16.6%	160,8 k €	-8.3%	175,3 k €	+66.7%	105,1 k €	-47.9%	201,8 k €	+2.7%	196,5 k €	-2.6%	201,7 k €	+89.3%	106,5 k €	+19.1%	89,4 k €	-10.6%	100 k €	+3.2%	96,9 k €	+4.8%	92,4 k €	-11.0%	103,8 k €	+11.8%	92,8 k €	+98.9%	46,7 k €	-58.4%	112,1 k €	+219%	35,1 k €	-64.3%	98,4 k €
EBITDA	32,3 k €	-19.9%	40,3 k €	-62.3%	106,8 k €	-21.4%	135,9 k €	-9.9%	150,9 k €	+86.2%	81 k €	-54.7%	178,7 k €	+2.5%	174,3 k €	-4.3%	182,1 k €	+101%	90,5 k €	+23.2%	73,5 k €	-12.6%	84,1 k €	+3.2%	81,5 k €	+5.2%	77,5 k €	-15.1%	91,2 k €	+16.4%	78,4 k €	-6.4%	83,7 k €	-16.3%	100 k €	+289%	25,7 k €	-43.3%	45,4 k €
Operating result	13,5 k €	-48.8%	26,4 k €	-59.7%	65,5 k €	-32.5%	97 k €	-13.1%	111,7 k €	+296%	28,2 k €	-75.0%	112,7 k €	+7.1%	105,2 k €	+9586%	1,1 k €	-97.5%	43,9 k €	+30.4%	33,7 k €	-31.2%	49 k €	+1.7%	48,2 k €	-1.0%	48,7 k €	-22.0%	62,4 k €	+25.9%	49,6 k €	-9.7%	54,9 k €	-25.2%	73,5 k €	+2666%	2,7 k €	-88.1%	22,3 k €
Net result	-793,5 €	-111%	7,5 k €	-80.7%	38,7 k €	-31.9%	56,9 k €	-17.9%	69,3 k €	+1144%	-6,6 k €	-109%	72 k €	+3.2%	69,7 k €	+628%	-13,2 k €	-139%	33,8 k €	+301%	8,4 k €	-74.2%	32,7 k €	+197%	11 k €	-67.1%	33,5 k €	-44.9%	60,8 k €	+295%	15,4 k €	-19.7%	19,2 k €	-57.2%	44,7 k €	+293%	-23,1 k €	-314%	-5,6 k €
Balance sheet
Equity	216 k €	-0.4%	216,8 k €	-59.0%	528,8 k €	+7.9%	490,1 k €	+13.1%	433,2 k €	+19.0%	363,9 k €	-1.8%	370,5 k €	+24.1%	298,6 k €	+30.5%	228,9 k €	-5.5%	242,1 k €	+16.2%	208,3 k €	+4.2%	199,9 k €	+19.5%	167,2 k €	+7.0%	156,2 k €	+27.3%	122,7 k €	+98.1%	62 k €	+33.0%	46,6 k €	+69.9%	27,4 k €	+258%	-17,3 k €	-398%	5,8 k €
Total assets	904 k €	-4.0%	941,8 k €	-22.6%	1,2 M €	+1.7%	1,2 M €	-2.7%	1,2 M €	-2.5%	1,3 M €	-4.4%	1,3 M €	-1.9%	1,3 M €	-2.8%	1,4 M €	+182%	490,2 k €	-12.3%	558,7 k €	-3.8%	581 k €	-1.8%	591,9 k €	+0.5%	588,7 k €	-3.1%	607,5 k €	-5.9%	645,4 k €	+11.8%	577 k €	-12.7%	660,7 k €	+5.5%	626,1 k €	-8.4%	683,6 k €
Cash	8,4 k €	-79.8%	41,6 k €	+316%	10 k €	-62.9%	26,9 k €	-5.5%	28,5 k €	+18.4%	24,1 k €	-21.6%	30,7 k €	+107%	14,8 k €	+69.6%	8,7 k €	-82.1%	48,8 k €	+3058%	1,5 k €	-75.0%	6,2 k €		–		37 €	0.0%	37 €	-98.1%	2 k €		–		46,9 k €	+971%	4,4 k €	-74.6%	17,2 k €
Debts	688,1 k €	-5.1%	724,9 k €	+5.3%	688,3 k €	-2.6%	706,6 k €	-11.3%	796,9 k €	-10.9%	894,2 k €	-5.8%	949,1 k €	-9.3%	1 M €	-9.5%	1,2 M €	+366%	248,1 k €	-29.2%	350,4 k €	-8.1%	381,2 k €	-10.2%	424,7 k €	-1.8%	432,5 k €	-10.8%	484,7 k €	-16.9%	583,4 k €	+16.1%	502,5 k €	-8.8%	550,8 k €	-6.7%	590,4 k €	-5.5%	624,7 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 1 ended

Active mandates

Vincent ANDRE

Manager

Active

Ended mandates

VINCENT ANDRE

Manager · since 13 octobre 1999

Ended

At this address

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	29/07/2026	25/06/2025	26/06/2024	07/07/2023	31/08/2022	06/07/2021
General meeting	15/06/2026	16/06/2025	17/06/2024	15/06/2023	15/06/2022	15/06/2021
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	15/06/2026	29/07/2026	French	PDF
Micro model	31/12/2024	16/06/2025	25/06/2025	French	PDF
Micro model	31/12/2023	17/06/2024	26/06/2024	French	PDF
Micro model	31/12/2022	15/06/2023	07/07/2023	French	PDF
Micro model	31/12/2021	15/06/2022	31/08/2022	French	PDF
Micro model	31/12/2020	15/06/2021	06/07/2021	French	PDF
Micro model	31/12/2019	15/06/2020	02/07/2020	French	PDF
Micro model	31/12/2018	21/05/2019	26/06/2019	French	PDF
Micro model	31/12/2017	15/05/2018	19/06/2018	French	PDF
Abridged model	31/12/2016	16/05/2017	05/06/2017	French	PDF
Abridged model	31/12/2015	17/05/2016	23/06/2016	French	PDF
Abridged model	31/12/2014	16/07/2015	19/08/2015	French	PDF
Abridged model	31/12/2013	15/06/2014	29/08/2014	French	PDF
Abridged model	31/12/2012	15/06/2013	31/08/2013	French	PDF
Abridged model	31/12/2011	15/06/2012	30/08/2012	French	PDF
Abridged model	31/12/2010	15/06/2011	28/09/2011	French	PDF
Abridged model	31/12/2009	15/06/2010	01/09/2010	French	PDF
Abridged model	31/12/2008	15/06/2009	27/08/2009	French	PDF
Abridged model	31/12/2007	16/06/2008	18/07/2008	French	PDF
Abridged model	31/12/2006	15/06/2007	26/07/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 · 1 active · 1 ended

Active mandates

Vincent ANDRE

Manager

Active

Ended mandates

VINCENT ANDRE

Manager · since 13 octobre 1999

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Restructuring30/07/2024
CAPITAL, ACTIONS - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring11/07/2024
CAPITAL, ACTIONS - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring28/05/2024
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Mandates16/01/2020
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
PDF
Registered office28/06/2016
SIEGE SOCIAL
PDF
Registered office12/11/2014
SIEGE SOCIAL
PDF
Registered office18/11/2010
SIEGE SOCIAL - ADRESSE AUTRE QUE SIEGE SOCIAL
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 2025-793,5 €↓
2024
Annual accounts 20247,5 k €↓
2023
Annual accounts 202338,7 k €↓
2022
Annual accounts 202256,9 k €↓
2021
Annual accounts 202169,3 k €↑
2020
Annual accounts 2020-6,6 k €↓
2019
Annual accounts 201972 k €↑
2018
Annual accounts 201869,7 k €↑
2017
Annual accounts 2017-13,2 k €↓
2016
Annual accounts 201633,8 k €↑
2015
Annual accounts 20158,4 k €↓
2014
Annual accounts 201432,7 k €↑
2013
Annual accounts 201311 k €↓
2012
Annual accounts 201233,5 k €↓
2011
Annual accounts 201160,8 k €↑
2010
Annual accounts 201015,4 k €↓
2009
Annual accounts 200919,2 k €↓
2008
Annual accounts 200844,7 k €↑
2007
Annual accounts 2007-23,1 k €↓
2006
Annual accounts 2006-5,6 k €
15/10/1999
IncorporationPrivate 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

GSP IMMO

Overview

What does GSP IMMO 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