Financials
Financial year 2025
Worth noting
- Little cash and receivables against the short-term debts.
Revenue
€ 13.5 million
▼ 23% vs 2024
Profit
Growing€ 236,795
▲ 25% vs 2024
Debts
Low€ 4.5 million
▼ 22% vs 2024
GM Recycling from Kaprijke, company number BE0423230992, closed financial year 2025 with a result of € 236,795 after tax. For that financial year GM Recycling recorded revenue of € 13.5 million and equity of € 2.6 million. Compared with financial year 2024, the result moved from € 188,981 to € 236,795. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on February 11, 2026.
What happened at GM Recycling?
What happened at GM Recycling in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 236,795 (▲ 25% vs 2024). filed late Source: NBB ↗
- New establishment in Kaprijke. KBO
- Start of the company according to the CBE. KBO
In short
From € 895,759 profit in 2022 to € 236,795 profit in 2025.
Paid € 359,049 in corporate taxes since 2022.
Best year ever: 2022, with € 895,759 profit.
Paid out € 900,000 in dividends to the owners in total.
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History
Every financial year, as far back as the National Bank goes.
Buffer
How long does the company survive without income?
Credit limit
Indicative credit limit, computed from the real figures.
Alerts
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Management
Behind GM Recycling are FREDDY GILLIS and GM MACHINERY BV.
Directors
According to the 2025 annual accounts
FREDDY GILLIS
Director
Director · represented by Emma Gillis
Establishments
Establishment units
Physical locations of this company
Krommeveldstraat 1
9971 Kaprijke
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.
Details
- Company number
- 0423.230.992
- VAT number
- BE 0423.230.992
- Registered office
- Krommeveldstraat 1, 9971 Kaprijke
- Names & denominations
- GM Recycling
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 October 1982
- Peppol
- Active · Active since 16 Sept 2025
- Activities · NACE
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