Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 21 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GM ELEKTRICITEITSWERKEN from Antwerpen, company number BE0638852490, closed financial year 2025 with a result of € -4,069 after tax. For that financial year GM ELEKTRICITEITSWERKEN recorded a gross margin of € -1,957 and equity of € -40,152. Compared with financial year 2024, the result moved from € -6,364 to € -4,069. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on January 28, 2026.
€ -40,152
▼ € 4,069 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -4,069
▲ 36 % less loss than in 2024
Profit after tax over the fiscal year.
€ 8,656
▲ 102% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -58,752.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 3,465
▼ 23% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 131
▲ 250% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -11,279 | € -10,776 | € 2,681 | € -1,957 | ▼ € 4,639 |
| Profit after taxes | € -19,238 | € -18,127 | € -6,364 | € -4,069 | ▲ € 2,295 |
| Equity | € -11,592 | € -29,719 | € -36,083 | € -40,152 | ▼ € 4,069 |
| Total debts | € 32,285 | € 52,708 | € 58,221 | € 65,905 | ▲ 13% |
| Cash | € 9 | € 1,601 | € 4,282 | € 8,656 | ▲ 102% |
| Retained profit | € -30,192 | € -48,319 | € -54,683 | € -58,752 | ▼ € 4,069 |
| Bank debt | € 9,497 | € 4,590 | € 0 | € 0 | |
| Balance sheet total | € 20,693 | € 22,988 | € 22,137 | € 25,753 | ▲ 16% |
Key figures of GM ELEKTRICITEITSWERKEN, 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 GM ELEKTRICITEITSWERKEN?
What happened at GM ELEKTRICITEITSWERKEN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 4,069. Source: NBB ↗
- Gino Mayor Y Gonzalez became a director. NBB
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 19,238 loss in 2022 to € 4,069 loss in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind GM ELEKTRICITEITSWERKEN is Gino Mayor Y Gonzalez.
Directors
According to the 2025 annual accounts
Gino Mayor Y Gonzalez
Director
since 2018
Establishments
Establishment units
Physical locations of this company
Norbertijnenstraat 35
2040 Antwerpen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
GOOGLE-CLOUD-PLATFORM - Google LLC, US
Website info
Features
Security
Details
- Company number
- 0638.852.490
- VAT number
- BE 0638.852.490
- Registered office
- Norbertijnenstraat 35, 2040 Antwerpen
- Names & denominations
- GM ELEKTRICITEITSWERKEN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 September 2015
- Peppol
- Active · Active since 18 Dec 2025
- Contact
- gmelektro.be +32471662440
- Activities · NACE
Algemene elektrotechnische installatiewerken
Activiteiten van holdings
Kappers- en barbiersactiviteiten
Overige bouwinstallatie
Detailhandel in uurwerken en sieraden
Elektrotechnische installatiewerken van nijverheidsinrichtingen
Activiteiten op het gebied van voeding
Goederenvervoer door de lucht
+5