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 1 of the last 4 fiscal years.
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Busy address KBO
52 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
GMO Projects from Hasselt, company number BE0644630722, closed financial year 2025 with a result of € 4,589 after tax. For that financial year GMO Projects recorded a gross margin of € 450,234 and equity of € -251,291. Compared with financial year 2024, the result moved from € -532,446 to € 4,589. Profitable, and profit is growing. 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 November 4, 2025.
€ -251,291
▼ € 878,776 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4,589
▲ still € 532,446 loss in 2024
Profit after tax over the fiscal year.
€ 406
▼ € 279,269 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 883,365 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 549,092
▼ 39% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,311
▼ 97% 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 | € 156,706 | € -11,321 | € -20,050 | € 450,234 | ▲ € 470,284 |
| Profit after taxes | € 72,073 | € -55,521 | € -532,446 | € 4,589 | ▲ € 537,035 |
| Equity | € 1,215,451 | € 1,159,930 | € 627,484 | € -251,291 | ▼ € 878,776 |
| Total debts | € 4,872,912 | € 2,061,640 | € 2,673,975 | € 1,746,808 | ▼ 35% |
| Cash | € 116,245 | € 188 | € 279,675 | € 406 | ▼ € 279,269 |
| Retained profit | € 1,165,451 | € 1,109,930 | € 577,484 | € -301,291 | ▼ € 878,776 |
| Dividend | € 0 | € 0 | € 0 | € 883,365 | |
| Bank debt | € 581,504 | € 435,102 | € 0 | € 0 | |
| Balance sheet total | € 6,088,363 | € 3,221,570 | € 3,301,459 | € 1,495,517 | ▼ 55% |
Key figures of GMO Projects, 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 GMO Projects?
What happened at GMO Projects in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 4,589. Source: NBB ↗
- New establishment in Hasselt. KBO
- DAAN MULLENS became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 72,073 profit in 2022 to € 4,589 profit in 2025.
Paid € 584,162 in corporate taxes since 2022.
Best year ever: 2022, with € 72,073 profit.
Paid out € 883,365 in dividends to the owners in total.
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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 GMO Projects is DAAN MULLENS. DAAN MULLENS is also behind Group GM and GM INVESTMENTS.
Directors
According to the 2025 annual accounts
since 2015
Establishments
Establishment units
Physical locations of this company
Hendrik van Veldekesingel 150 box 181
3500 Hasselt
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 52 companies are registered at this address.
All companies at this address →PUTZEYS
€ 83,987 gross margin · 2025
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€ 47,248 gross margin · 2025
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€ -29,360 gross margin · 2022
Nationale Belgische Taekwon-do Unie
ALLANTA
€ 1.8 million revenue · 2025
+47 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
- 0644.630.722
- VAT number
- BE 0644.630.722
- Registered office
- Hendrik van Veldekesingel 150 bus 181, 3500 Hasselt
- Names & denominations
- GMO Projects
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 December 2015
- Peppol
- Active · Active since 15 Jul 2024
- Activities · NACE
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