Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 15 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
G.M. CONSTRUCT from Genappe, company number BE0463980890, closed financial year 2025 with a result of € 2,877 after tax. For that financial year G.M. CONSTRUCT recorded a gross margin of € 35,109 and equity of € 58,965. Compared with financial year 2024, the result moved from € 3,461 to € 2,877. 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 August 6, 2026.
€ 58,965
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2,877
▼ 17% vs 2024
Profit after tax over the fiscal year.
€ 39,627
▼ 32% 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 € 39,134.
People and assets in 2025
€ 2,088
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 2025
€ 351,230
▼ 1% vs 2024
€ 334,153 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 11,909
▼ 24% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,887
▼ 59% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 32,218 | € 39,561 | € 27,809 | € 35,109 | ▲ 26% |
| Profit after taxes | € 1,229 | € 12,446 | € 3,461 | € 2,877 | ▼ 17% |
| Equity | € 40,181 | € 52,627 | € 56,089 | € 58,965 | ▲ 5% |
| Total debts | € 26,516 | € 304,674 | € 382,848 | € 414,933 | ▲ 8% |
| Cash | € 36,877 | € 23,593 | € 58,174 | € 39,627 | ▼ 32% |
| Retained profit | € 20,350 | € 32,796 | € 36,257 | € 39,134 | ▲ 8% |
| Bank debt | € 14,646 | € 284,868 | € 355,902 | € 351,230 | ▼ 1% |
| Balance sheet total | € 66,697 | € 357,301 | € 438,936 | € 473,898 | ▲ 8% |
Key figures of G.M. CONSTRUCT, 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. CONSTRUCT?
What happened at G.M. CONSTRUCT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 2,877 (▼ 17% vs 2024). filed late Source: NBB ↗
- New establishment in Genappe. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,229 profit in 2022 to € 2,877 profit in 2025.
Paid € 10,079 in corporate taxes since 2022.
Best year ever: 2023, with € 12,446 profit.
Establishments
Establishment units
Physical locations of this company
Rue Baty Godin 5
1471 Genappe
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0463.980.890
- VAT number
- BE 0463.980.890
- Registered office
- Rue Baty Godin 5, 1471 Genappe
- Names & denominations
- G.M. CONSTRUCT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 August 1998
- Peppol
- Active · Active since 23 Sept 2025
- Activities · NACE
Algemene bouw van residentiële gebouwen
Overige gespecialiseerde bouwactiviteiten, neg
Overige gespecialiseerde werkzaamheden in de bouw
Overige gespecialiseerde bouwwerkzaamheden
Detailhandel in groenten en fruit
Markt- en straathandel in voedingsmiddelen
Markt- en straathandel in voedings- en genotmiddelen