Ghelamco recorded 320 million euros in losses in 2024: the real estate company mentions several reasons

La Libre

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The real estate company Ghelamco recorded a net loss of 323.9 million euros in 2024. However, its debt has decreased thanks to targeted real estate sales, according to its results published on Wednesday night. ...

vrt

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Sink or swim. That remains the picture that emerges from the annual figures that the Ghelamco Group of real estate magnate and Antwerp chairman Paul Gheysens has just published. The umbrella Ghelamco Group booked a loss of 323.9 million euros last year, but more importantly, doubts remain about whether the group will be able to pay off debts in the near future.

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22:17 Ghelamco, the real estate company of the Gheysens family, went into the red last year by 324 million euros. By selling 800 million euros in real estate, it was able to significantly reduce its debt burden.

De Morgen

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Ghelamco suffered a net loss of 323.9 million euros in 2024. This is evident from the recently published annual results. That...

Het Nieuwsblad

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Ghelamco posted a loss of 323.9 million euros in 2024. Paul Gheysens' company announced this via a press release on Wednesday evening.