Financials
Financial year 2025
G.M.F. from Couvin, company number BE0459296780, closed financial year 2025 with a result of € 4,824 after tax. For that financial year G.M.F. recorded a gross margin of € 34,423 and equity of € 67,138. Compared with financial year 2024, the result moved from € 51,185 to € 4,824. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 5, 2026.
€ 67,138
▲ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4,824
▼ 91% vs 2024
Profit after tax over the fiscal year.
€ 13,162
▲ 22% 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 € 48,538.
People and assets in 2025
€ 525
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 2,496
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 179,059
▲ € 174,046 vs 2024
€ 4,109 is repaid this year. At this pace the long-term loan is gone in ≈ 43 years.
€ 3,991
▼ 23% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 14,933
▲ 40% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 54,328 | € 67,131 | € 81,040 | € 34,423 | ▼ 58% |
| Profit after taxes | € 35,131 | € 41,004 | € 51,185 | € 4,824 | ▼ 91% |
| Equity | € 60,125 | € 61,129 | € 62,314 | € 67,138 | ▲ 8% |
| Total debts | € 62,031 | € 60,467 | € 70,872 | € 200,904 | ▲ 183% |
| Cash | € 4,956 | € 5,634 | € 10,774 | € 13,162 | ▲ 22% |
| Land & buildings | € 7,556 | € 6,556 | € 5,735 | € 143,712 | ▲ € 137,977 |
| Retained profit | € 41,525 | € 42,529 | € 43,714 | € 48,538 | ▲ 11% |
| Dividend | € 35,000 | € 40,000 | € 50,000 | € 0 | ▼ 100% |
| Bank debt | € 16,931 | € 11,026 | € 5,013 | € 179,059 | ▲ € 174,046 |
| Balance sheet total | € 122,156 | € 121,596 | € 133,186 | € 268,042 | ▲ 101% |
Key figures of G.M.F., 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 G.M.F.?
What happened at G.M.F. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 4,824 (▼ 91% vs 2024). Source: NBB ↗
- New establishment in Couvin. KBO
- Start of the company according to the CBE. KBO
In short
From € 35,131 profit in 2022 to € 4,824 profit in 2025.
Paid € 46,331 in corporate taxes since 2022.
Best year ever: 2024, with € 51,185 profit.
Paid out € 125,000 in dividends to the owners in total.
Management
Behind G.M.F. are Miguel Libion and Céline Riche. The same people are also behind EnerCoBois. Céline Riche is also behind MENUISERIE RICHE, STABILAME, FINANCIERE RIBER, ARTHEMY and BLC HOLDING.
Directors
According to the 2025 annual accounts
Céline Riche
Director
Also active at: MENUISERIE RICHE, STABILAME, FINANCIERE RIBER, EnerCoBois, ARTHEMY, BLC HOLDING
Establishments
Establishment units
Physical locations of this company
Rue du Karting 5
5660 Couvin
Route Charlemagne
5660 Couvin
Active since 27 November 1996
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →MENUISERIE RICHE same network
€ 9.1 million revenue · 2025
STABILAME same network
€ 14.8 million revenue · 2025
FINANCIERE RIBER same network
€ 1.1 million revenue · 2025
PREFABOIS
€ -138,654 gross margin · 2025
ARTHEMY same network
€ 198,551 gross margin · 2025
+1 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
- 0459.296.780
- VAT number
- BE 0459.296.780
- Registered office
- Rue du Karting 5, 5660 Couvin
- Names & denominations
- G.M.F.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 November 1996
- Peppol
- Active · Active since 15 Oct 2025
- Activities · NACE
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