Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 52 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GADMEG from Vorst, company number BE0431451149, closed financial year 2025 with a result of € -253,202 after tax. For that financial year GADMEG recorded a gross margin of € -43,704 and equity of € 865,649. Compared with financial year 2024, the result moved from € -96,099 to € -253,202. The company made a loss. The buffer shrank hard: equity is 71 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 29, 2026.
€ 865,649
▼ 71% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -253,202
▼ 163 % more loss than in 2024
Profit after tax over the fiscal year.
€ 81,843
▼ 90% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -134,351.
Debts at end 2025
€ 2 million
▲ 86% vs 2024
€ 1.2 million is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 4,464
▼ 40% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 8,211
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 257,728 | € 308,392 | € 77,899 | € -43,704 | ▼ € 121,603 |
| Profit after taxes | € 62,561 | € 94,969 | € -96,099 | € -253,202 | ▼ € 157,102 |
| Equity | € 2,959,091 | € 3,054,059 | € 2,957,960 | € 865,649 | ▼ 71% |
| Total debts | € 1,373,937 | € 1,220,152 | € 1,071,431 | € 1,992,490 | ▲ 86% |
| Cash | € 207,398 | € 157,709 | € 786,645 | € 81,843 | ▼ 90% |
| Land & buildings | € 2,361,107 | € 2,269,017 | € 2,176,928 | € 2,084,839 | ▼ 4% |
| Retained profit | € 1,459,091 | € 1,554,059 | € 1,457,960 | € -134,351 | ▼ € 1.6 million |
| Dividend | € 0 | € 0 | € 0 | € 1,339,110 | |
| Bank debt | € 1,356,659 | € 1,209,991 | € 1,063,323 | € 1,976,655 | ▲ 86% |
| Balance sheet total | € 4,333,028 | € 4,274,211 | € 4,029,391 | € 2,858,138 | ▼ 29% |
Key figures of GADMEG, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to GADMEG?
What happened at GADMEG in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Thierry Bouhoulle stepped down as director. NBB
- Tanguy Delvoye stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 253,202. Source: NBB ↗
- Thierry Bouhoulle became a director. NBB
- Tanguy Delvoye became a director. NBB
- New establishment in Ukkel. KBO
- Start of the company according to the CBE. KBO
In short
From € 62,561 profit in 2022 to € 253,202 loss in 2025.
Paid € 42,395 in corporate taxes since 2022.
Best year ever: 2023, with € 94,969 profit.
Paid out € 1.3 million in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2025 annual accounts
since 2024 · until 2030
since 2024 · until 2030
Establishments
Establishment units
Physical locations of this company
Henri Maubelstraat 67
1190 Vorst
Coghensquare 45
1180 Ukkel
Active since 20 August 1987
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0431.451.149
- VAT number
- BE 0431.451.149
- Registered office
- Henri Maubelstraat 67, 1190 Vorst
- Names & denominations
- GADMEG
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 16 June 1987
- Peppol
- Active · Active since 9 Jan 2026
- Activities · NACE
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