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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 16 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 3.5 to 2.9.
Financials
Financial year 2025
GMM KLUIZENMOLEN from Sint-Gillis-Waas, company number BE0563517441, closed financial year 2025 with a result of € -43,201 after tax. For that financial year GMM KLUIZENMOLEN recorded a gross margin of € 199,054 and equity of € 398,487. Compared with financial year 2024, the result moved from € -122,545 to € -43,201. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on April 14, 2026.
€ 398,487
▼ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -43,201
▲ 65 % less loss than in 2024
Profit after tax over the fiscal year.
€ 62,409
▲ 108% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 298,487.
People and assets in 2025
2.9
▼ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 138,822
▼ 17% vs 2024
€ 47,900 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.
€ 49,178
▼ 44% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1 million
▼ 7% vs 2024
Loans from banks and other lenders, long and short.
€ 154,296
▼ 35% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 14,388
▼ 3% 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 | € 317,224 | € 249,728 | € 186,518 | € 199,054 | ▲ 7% |
| Profit after taxes | € 4,300 | € -70,012 | € -122,545 | € -43,201 | ▲ € 79,344 |
| Equity | € 634,245 | € 564,233 | € 441,688 | € 398,487 | ▼ 10% |
| Total debts | € 632,095 | € 1,692,645 | € 1,608,167 | € 1,420,403 | ▼ 12% |
| Cash | € 104,220 | € 71,724 | € 29,948 | € 62,409 | ▲ 108% |
| Land & buildings | - | € 1,125,000 | € 1,125,000 | € 1,125,000 | |
| Retained profit | € 534,245 | € 464,233 | € 341,688 | € 298,487 | ▼ 13% |
| Bank debt | € 235,836 | € 1,106,303 | € 1,090,821 | € 1,013,639 | ▼ 7% |
| Balance sheet total | € 1,266,340 | € 2,256,878 | € 2,049,855 | € 1,818,890 | ▼ 11% |
| Employees (FTE) | 3.8 | 3.5 | 3.1 | 2.9 | ▼ 0.2 |
Key figures of GMM KLUIZENMOLEN, 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 April 2027.
What happened to GMM KLUIZENMOLEN?
What happened at GMM KLUIZENMOLEN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 43,201. Source: NBB ↗
- New establishment in Sint-Gillis-Waas. KBO
- Gilles Melis became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 4,300 profit in 2022 to € 43,201 loss in 2025.
Paid € 556 in corporate taxes since 2022.
Best year ever: 2022, with € 4,300 profit.
On average € 68,600 of value added per employee in 2025.
Management
Behind GMM KLUIZENMOLEN is Gilles Melis. The shares are held by Gilles Melis (100%).
Directors
According to the 2025 annual accounts
Gilles Melis
Director
Owns 100% directly
since 2014
Shareholders
Gilles Melis · director
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Reepstraat(SGW) 123
9170 Sint-Gillis-Waas
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0563.517.441
- VAT number
- BE 0563.517.441
- Registered office
- Reepstraat(SGW) 123, 9170 Sint-Gillis-Waas
- Names & denominations
- GMM KLUIZENMOLEN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 October 2014
- Peppol
- Active · Active since 2 Dec 2025
- Activities · NACE
Groothandel in bouwmaterialen, algemeen assortiment