What does G&M RETAIL do?

G&M RETAIL is a supermarket in Halen. Private Limited, started on 17 November 2015, 1 establishment.

What is the address of G&M RETAIL?

The registered office of G&M RETAIL is located at Koepoortstraat 10, 3545 Halen.

Is G&M RETAIL still active?

No. The CBE lists G&M RETAIL with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.

Is G&M RETAIL registered on Peppol?

No, G&M RETAIL is currently not registered on the Peppol network.

What is the enterprise number of G&M RETAIL?

The enterprise number of G&M RETAIL is BE0642961332.

When was G&M RETAIL founded?

G&M RETAIL was founded on 17 November 2015.

Who are the directors of G&M RETAIL?

According to the 2022 annual accounts, the directors of G&M RETAIL are: Gert Pirsoul.

Is G&M RETAIL a reliable company?

Databakkes does not pass judgement; this is what the sources say: Opening faillissement according to the CBE, started on 17 November 2015; 2 annual accounts filed, latest fiscal year 2022; 1 directors known from the annual account.

How much profit did G&M RETAIL make in 2022?

G&M RETAIL recorded a loss after taxes of € 69,521 in financial year 2022.

What is the revenue of G&M RETAIL?

As a small company, G&M RETAIL is not required to publish revenue in its annual accounts. In financial year 2022, its added value was € 194,832.

How much does an employee at G&M RETAIL earn?

The average wage cost per full-time employee at G&M RETAIL was € 32,500 in 2022: staff costs of € 172,348 for 5.3 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does G&M RETAIL have?

According to the 2022 annual accounts, G&M RETAIL has 5.3 full-time equivalents (FTE).

G&M RETAIL (Private Limited) - Halen - BE0642961332

Dossier G&M RETAIL, printed on 30 October 2026 from databakkes.be/en/0642961332/g-m-retail. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 20 % of short-term debt in 2022; threshold 65 %.
Legal situation KBO

Opening faillissement according to the CBE.

Financials

Financial year 2022

G&M RETAIL from Halen, company number BE0642961332, closed financial year 2022 with a result of € -69,521 after tax. For that financial year G&M RETAIL recorded a gross margin of € 194,832 and equity of € 5,447. Compared with financial year 2021, the result moved from € 22,627 to € -69,521. The company made a loss. The buffer shrank hard: equity is 93 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2023.

What it is worth Shrank hard

€ 5,447

▼ 93% vs 2021

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -69,521

▼ still € 22,627 profit in 2021

Profit after tax over the fiscal year.

Cash in the bank

€ 59,663

▲ 93% vs 2021

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -13,153.

People and assets in 2022

Full-time equivalents

5.3

▲ 0.5 vs 2021

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 172,348

▲ 5% vs 2021

€ 32,500 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.

Vehicles and equipment

€ 48,551

▼ 23% vs 2021

Of which on lease € 46,888.

Debts at end 2022

Bank debt ≈ 3 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 212,353

▼ 24% vs 2021

€ 65,508 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 362,164

▲ 32% vs 2021

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 20,183

▼ 44% vs 2021

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2021	2022	Change 2021 → 2022
Gross margin	€ 276,751 Gross margin 2021: € 276,751 First fiscal year in the series	€ 194,832 Gross margin 2022: € 194,832 ▼ 30% vs 2021 (€ 276,751) Unfavourable step	▼ 30%
Profit after taxes	€ 22,627 Profit after taxes 2021: € 22,627 First fiscal year in the series	€ -69,521 Profit after taxes 2022: € -69,521 ▼ € 92,148 vs 2021 (€ 22,627) Unfavourable step	▼ € 92,148
Equity	€ 74,968 Equity 2021: € 74,968 First fiscal year in the series	€ 5,447 Equity 2022: € 5,447 ▼ 93% vs 2021 (€ 74,968) Unfavourable step	▼ 93%
Total debts	€ 685,063 Total debts 2021: € 685,063 First fiscal year in the series	€ 691,764 Total debts 2022: € 691,764 ▲ 1% vs 2021 (€ 685,063) Unfavourable step	▲ 1%
Cash	€ 30,855 Cash 2021: € 30,855 First fiscal year in the series	€ 59,663 Cash 2022: € 59,663 ▲ 93% vs 2021 (€ 30,855) Favourable step	▲ 93%
Land & buildings	€ 376,591 Land & buildings 2021: € 376,591 First fiscal year in the series	€ 335,521 Land & buildings 2022: € 335,521 ▼ 11% vs 2021 (€ 376,591) Unchanged	▼ 11%
Retained profit	€ 56,368 Retained profit 2021: € 56,368 First fiscal year in the series	€ -13,153 Retained profit 2022: € -13,153 ▼ € 69,521 vs 2021 (€ 56,368) Unfavourable step	▼ € 69,521
Bank debt	€ 277,643 Bank debt 2021: € 277,643 First fiscal year in the series	€ 212,353 Bank debt 2022: € 212,353 ▼ 24% vs 2021 (€ 277,643) Favourable step	▼ 24%
Balance sheet total	€ 760,031 Balance sheet total 2021: € 760,031 First fiscal year in the series	€ 697,211 Balance sheet total 2022: € 697,211 ▼ 8% vs 2021 (€ 760,031) Unchanged	▼ 8%
Employees (FTE)	4.8 Employees (FTE) 2021: 4.8 First fiscal year in the series	5.3 Employees (FTE) 2022: 5.3 ▲ 0.5 vs 2021 (4.8) Unchanged	▲ 0.5

Key figures of G&M RETAIL, fiscal years 2021 to 2022, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2023 has not been filed yet; it was expected before 31 July 2024.

What happened to G&M RETAIL?

What happened at G&M RETAIL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

G&M RETAIL is active according to the CBE. Legal situation: Opening faillissement.

Aug 31, 2023 New annual accounts for financial year 2022: loss of € 69,521 (▼ € 92,148 vs 2021). filed late Source: NBB ↗
Nov 17, 2015 New establishment in Halen. KBO
Nov 17, 2015 Start of the company according to the CBE. KBO

In short

From € 22,627 profit in 2021 to € 69,521 loss in 2022.

Paid € 9,522 in corporate taxes since 2021.

Best year ever: 2021, with € 22,627 profit.

On average € 36,800 of value added per employee in 2022.

Original PDFs at the National Bank ↗

Management

Gert Pirsoul

G&M RETAIL

Behind G&M RETAIL is Gert Pirsoul.

Directors

According to the 2022 annual accounts

Gert Pirsoul

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Koepoortstraat 10

3545 Halen

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0642.961.332

VAT number

BE 0642.961.332

Registered office

Koepoortstraat 10, 3545 Halen

Names & denominations

G&M RETAIL

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Opening faillissement

Start date

17 November 2015

Peppol

Not registered

Activities · NACE

Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen

Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 100 m² en minder dan 400 m²)

View on CBE Public ↗ Annual accounts (NBB) ↗

G&M RETAIL

Warning lights

Financials

What happened to G&M RETAIL?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions