Financials
Financial year 2025
G.T.M. from Ieper, company number BE0451015851, closed financial year 2025 with a result of € 67,816 after tax. For that financial year G.T.M. recorded a gross margin of € 98,853 and equity of € 13,200. Compared with financial year 2024, the result moved from € 73,087 to € 67,816. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on November 13, 2025.
€ 13,200
▲ € 67,816 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 67,816
▼ 7% vs 2024
Profit after tax over the fiscal year.
€ 145
▼ 97% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -986,800.
People and assets in 2025
€ 16,123
▼ 34% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 45,289
▼ 10% vs 2024
€ 13,450 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 1,114
Supplier invoices still open on the last day of the fiscal year.
€ 6,535
▲ 99% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 102,860 | € 93,826 | € 83,879 | € 98,853 | ▲ 18% |
| Profit after taxes | € 98,051 | € 80,374 | € 73,087 | € 67,816 | ▼ 7% |
| Equity | € -208,077 | € -127,703 | € -54,616 | € 13,200 | ▲ € 67,816 |
| Total debts | € 367,207 | € 211,403 | € 134,488 | € 99,790 | ▼ 26% |
| Cash | € 38,959 | € 1,019 | € 5,132 | € 145 | ▼ 97% |
| Retained profit | € -1,208,077 | € -1,127,703 | € -1,054,616 | € -986,800 | ▲ € 67,816 |
| Bank debt | € 36,983 | € 30,016 | € 50,163 | € 45,289 | ▼ 10% |
| Balance sheet total | € 159,130 | € 83,700 | € 79,872 | € 112,991 | ▲ 41% |
Key figures of G.T.M., fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to G.T.M.?
What happened at G.T.M. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Stefanie SAELENS stepped down as director. NBB
- Willem DEMASURE stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 67,816 (▼ 7% vs 2024). Source: NBB ↗
- Willem DEMASURE became a director. NBB
- Stefanie SAELENS became a director. NBB
- New establishment in Ieper. KBO
- Start of the company according to the CBE. KBO
In short
From € 98,051 profit in 2022 to € 67,816 profit in 2025.
Paid € 21,052 in corporate taxes since 2022.
Best year ever: 2022, with € 98,051 profit.
Management
Directors
According to the 2025 annual accounts
Stefanie SAELENS
Managing director
since 2020 · until 2026
since 2020 · until 2026
Establishments
Establishment units
Physical locations of this company
Vermeulenstraat 2
8900 Ieper
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0451.015.851
- VAT number
- BE 0451.015.851
- Registered office
- Vermeulenstraat 2, 8900 Ieper
- Names & denominations
- G.T.M.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 September 1993
- Peppol
- Active · Active since 8 Dec 2025
- Activities · NACE
Overige persoonlijke diensten
Overige diensten , n.e.g.