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.
Financials
Financial year 2025
GM REAL CONSTRUCT from Grimbergen, company number BE0648833097, closed financial year 2025 with a result of € -59,582 after tax. For that financial year GM REAL CONSTRUCT recorded a gross margin of € -65,501 and equity of € 758,636. Compared with financial year 2024, the result moved from € -73,004 to € -59,582. The company made a loss. 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 August 13, 2026.
€ 758,636
▼ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -59,582
▲ 18 % less loss than in 2024
Profit after tax over the fiscal year.
€ 197,427
▲ 25% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 740,036.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 9,633
▼ 75% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 241,593 | € 303,015 | € -66,125 | € -65,501 | ▲ € 623 |
| Profit after taxes | € 43,874 | € 206,522 | € -73,004 | € -59,582 | ▲ € 13,422 |
| Equity | € 672,300 | € 878,822 | € 805,818 | € 758,636 | ▼ 6% |
| Total debts | € 7,838,104 | € 435,195 | € 1,416,312 | € 378,683 | ▼ 73% |
| Cash | € 1,233,661 | € 499,397 | € 157,860 | € 197,427 | ▲ 25% |
| Retained profit | € 666,100 | € 872,622 | € 799,618 | € 740,036 | ▼ 7% |
| Balance sheet total | € 8,510,404 | € 1,314,017 | € 2,222,130 | € 1,137,319 | ▼ 49% |
Key figures of GM REAL CONSTRUCT, 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 REAL CONSTRUCT?
What happened at GM REAL CONSTRUCT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 59,582. filed late Source: NBB ↗
- Michel Van Den Meersschaut became a director. NBB
- New establishment in Grimbergen. KBO
- Gert Toye became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 43,874 profit in 2022 to € 59,582 loss in 2025.
Paid € 104,773 in corporate taxes since 2022.
Best year ever: 2023, with € 206,522 profit.
Management
Behind GM REAL CONSTRUCT are Michel Van Den Meersschaut and Gert Toye. The same people are also behind GM PROJECT, GM PROPERTY and COUTURE Kwintens. Gert Toye is also behind WOUTER LEUS and TOSTE.
Directors
According to the 2025 annual accounts
since 2016
since 2016
Establishments
Establishment units
Physical locations of this company
Prinsenstraat 24
1850 Grimbergen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
All companies at this address →Real Renting
€ -5,389 gross margin · 2025
TOSTE same network
€ 493,401 gross margin · 2024
VOSTOY
€ 1,296 gross margin · 2025
GM PROJECT same network
€ -34,859 gross margin · 2025
GM PROPERTY same network
€ -3,084 gross margin · 2025
+4 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
- 0648.833.097
- VAT number
- BE 0648.833.097
- Registered office
- Prinsenstraat 24, 1850 Grimbergen
- Names & denominations
- GM REAL CONSTRUCT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 February 2016
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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