Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 2 of the last 2 fiscal years.
-
Two loss years in a row NBB
Negative result in 2022 and 2023.
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Tight liquidity NBB
Cash and receivables cover 14 % of short-term debt in 2023; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
GM Company Stores Belgie from Antwerpen, company number BE0448125449, closed financial year 2023 with a result of € -226,495 after tax. For that financial year GM Company Stores Belgie recorded a gross margin of € 1.3 million and equity of € -2 million. Compared with financial year 2022, the result moved from € -208,912 to € -226,495. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2023.
€ -2 million
▼ € 226,495 vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -226,495
▼ 8 % more loss than in 2022
Profit after tax over the fiscal year.
€ 290,578
▲ 20% vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2 million.
People and assets in 2023
36.4
▼ 3.1 vs 2022
Average over the fiscal year, from the social balance sheet.
€ 1.4 million
▲ 4% vs 2022
€ 39,700 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2023
None
No bank loans on the last day of the fiscal year.
€ 3.8 million
▲ 31% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 243,542
▼ 34% vs 2022
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|
| Gross margin | € 1,407,594 | € 1,323,845 | ▼ 6% |
| Profit after taxes | € -208,912 | € -226,495 | ▼ € 17,583 |
| Equity | € -1,734,681 | € -1,961,176 | ▼ € 226,495 |
| Total debts | € 3,841,928 | € 4,338,817 | ▲ 13% |
| Cash | € 242,339 | € 290,578 | ▲ 20% |
| Retained profit | € -1,754,681 | € -1,981,176 | ▼ € 226,495 |
| Bank debt | € 236,215 | € 0 | ▼ 100% |
| Balance sheet total | € 2,107,247 | € 2,377,641 | ▲ 13% |
| Employees (FTE) | 39.5 | 36.4 | ▼ 3.1 |
Key figures of GM Company Stores Belgie, fiscal years 2022 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 October 2024.
What happened to GM Company Stores Belgie?
What happened at GM Company Stores Belgie in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
GM Company Stores Belgie is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2023: loss of € 226,495. Source: NBB ↗
- New establishment in Herentals. KBO
- New establishment in Gent. KBO
- New establishment in Kortrijk. KBO
- New establishment in Kontich. KBO
- New establishment in Genk. KBO
- New establishment in Mechelen. KBO
- New establishment in Leuven. KBO
In short
From € 208,912 loss in 2022 to € 226,495 loss in 2023.
Paid € 1,832 in corporate taxes since 2022.
On average € 36,400 of value added per employee in 2023.
A new publication or filing at GM Company Stores Belgie? We notify you, reason included.
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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
Behind GM Company Stores Belgie are Emvie BV and Level V NV. It owns 0.8% of PB Projects itself.
Directors
According to the 2023 annual accounts
Director · represented by Marc Vennekens
Director · represented by Kris Lenaerts
Establishments
Establishment units
Physical locations of this company
Roderveldlaan 4
2600 Antwerpen
Bredabaan 739A
2170 Antwerpen
Active since 5 November 1992
Frankrijklei 28
2000 Antwerpen
Active since 1 October 2008
Turnhoutsebaan 5
2110 Wijnegem
Active since 1 October 2008
Stapelstraat 19
3800 Sint-Truiden
Active since 25 October 2014
Rootenstraat 8 box 75
3600 Genk
Active since 1 February 2017
Veemarkt 40
2800 Mechelen
Active since 1 February 2017
Tiensesteenweg 224
3000 Leuven
Active since 1 February 2017
Koningin Astridlaan 74
2550 Kontich
Active since 1 April 2017
Dampoortstraat 30
9000 Gent
Active since 1 May 2017
Steenpoort(Kor) 2
8500 Kortrijk
Active since 8 April 2017
Hofkwartier(HRT) 20
2200 Herentals
Active since 1 September 2017
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
All companies at this address →DNA IT Systems
€ 25,097 gross margin · 2023
P.B. PROJECTS same network
€ 49.3 million revenue · 2023
GM Webstore
€ 90,104 gross margin · 2023
AAPI
€ -58,854 gross margin · 2025
Level V same network
+4 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0448.125.449
- VAT number
- BE 0448.125.449
- Registered office
- Roderveldlaan 4, 2600 Antwerpen
- Names & denominations
- GM Company Stores Belgie
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 26 August 1992
- Peppol
- Not registered
- Activities · NACE
Groothandel in niet-elektrische huishoudelijke artikelen
Groothandel in meubels, niet-elektrische huishoudapparaten en vloerbedekking inclusief tapijten
Niet-gespecialiseerde groothandel
Detailhandel in overige sportartikelen
Detailhandel in huismeubilair
Gespecialiseerde detailhandel in sport- en kampeerartikelen
Overige groothandel
Detailhandel in meubels
+2