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 42 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
10 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
GM DERDE from Wichelen, company number BE0507581402, closed financial year 2025 with a result of € 45,346 after tax. For that financial year GM DERDE recorded a gross margin of € 453,323 and equity of € 1 million. Compared with financial year 2024, the result moved from € 105,603 to € 45,346. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 6, 2026.
€ 1 million
▼ 31% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 45,346
▼ 57% vs 2024
Profit after tax over the fiscal year.
€ 19,972
▼ 80% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 507,080 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
2.3
▲ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 129,467
▲ 4% vs 2024
€ 56,300 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.
€ 48,527
▼ 53% vs 2024
Of which on lease € 1,328.
Debts at end 2025
€ 3,271
▼ 95% vs 2024
Loans from banks and other lenders, long and short.
€ 70,554
▲ 45% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 18,043
▼ 8% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 894,650 | € 513,519 | € 523,489 | € 453,323 | ▼ 13% |
| Profit after taxes | € 230,283 | € 65,875 | € 105,603 | € 45,346 | ▼ 57% |
| Equity | € 1,316,491 | € 1,382,366 | € 1,487,970 | € 1,026,235 | ▼ 31% |
| Total debts | € 895,698 | € 828,418 | € 136,877 | € 572,902 | ▲ € 436,025 |
| Cash | € 99,376 | € 177,905 | € 102,079 | € 19,972 | ▼ 80% |
| Retained profit | € 1,297,891 | € 1,363,766 | € 1,469,370 | € 1,007,635 | ▼ 31% |
| Dividend | € 0 | € 0 | € 0 | € 507,080 | |
| Bank debt | € 255,988 | € 147,148 | € 64,227 | € 3,271 | ▼ 95% |
| Balance sheet total | € 2,212,189 | € 2,210,784 | € 1,624,846 | € 1,599,137 | ▼ 2% |
| Employees (FTE) | 5.4 | 3.5 | 2.1 | 2.3 | ▲ 0.2 |
Key figures of GM DERDE, 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 GM DERDE?
What happened at GM DERDE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 45,346 (▼ 57% vs 2024). Source: NBB ↗
- Geert Derde became a director. NBB
- MICHIEL DERDE became a director. NBB
- Christine Van Hoorde became a director. NBB
- New establishment in Wichelen. KBO
- Start of the company according to the CBE. KBO
In short
From € 230,283 profit in 2022 to € 45,346 profit in 2025.
Paid € 183,074 in corporate taxes since 2022.
Best year ever: 2022, with € 230,283 profit.
On average € 197,100 of value added per employee in 2025.
Management
Behind GM DERDE are Geert Derde, MICHIEL DERDE and Christine Van Hoorde. Geert Derde is also behind Dermo. Christine Van Hoorde is also behind Dermo.
Establishments
Establishment units
Physical locations of this company
Bohemen 101 box C
9260 Wichelen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 10 companies are registered at this address.
All companies at this address →RUBBENS GEBROEDERS
€ 1.7 million gross margin · 2025
IMMO RUBBENS
€ -3,075 gross margin · 2025
RUBBENS WICHELEN
€ 465,732 gross margin · 2025
J.B.P.
€ -19,498 gross margin · 2026
Dermo same network
€ 151,157 gross margin · 2025
+5 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
- 0507.581.402
- VAT number
- BE 0507.581.402
- Registered office
- Bohemen 101 bus C, 9260 Wichelen
- Names & denominations
- GM DERDE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 December 2014
- Peppol
- Active · Active since 16 Sept 2025
- Activities · NACE
Dakwerkzaamheden
Metselwerk
Overige gespecialiseerde bouwactiviteiten, neg
Overige gespecialiseerde bouwwerkzaamheden
Uitvoeren van metsel- en voegwerken