What does GM-Projects do?

GM-Projects is a heating and ventilation installer in Maaseik. Private Limited, started on 30 January 2017, 1 establishment.

What is the address of GM-Projects?

The registered office of GM-Projects is located at Diestersteenweg 287 box A, 3680 Maaseik.

Is GM-Projects still active?

Yes. According to the CBE (29 October 2026) GM-Projects is active, legal situation “Normale toestand”, started on 30 January 2017.

Is GM-Projects registered on Peppol?

Yes, GM-Projects is registered on the Peppol network with ID 0208:0670531997.

What is the enterprise number of GM-Projects?

The enterprise number of GM-Projects is BE0670531997.

When was GM-Projects founded?

GM-Projects was founded on 30 January 2017.

Who are the directors of GM-Projects?

According to the 2025 annual accounts, the directors of GM-Projects are: DANIEL MOLEMANS, MARNICK MOLEMANS, GILLES MOLEMANS.

Is GM-Projects a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 30 January 2017; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did GM-Projects make in 2025?

GM-Projects posted a profit after taxes of € 69,840 in financial year 2025.

What is the revenue of GM-Projects?

As a small company, GM-Projects is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 476,691.

How much does an employee at GM-Projects earn?

The average wage cost per full-time employee at GM-Projects was € 55,900 in 2025: staff costs of € 179,030 for 3.2 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does GM-Projects have?

According to the 2025 annual accounts, GM-Projects has 3.2 full-time equivalents (FTE).

GM-Projects (Private Limited) - Maaseik - BE0670531997

Dossier GM-Projects, printed on 29 October 2026 from databakkes.be/en/0670531997/gm-projects. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

GM-Projects from Maaseik, company number BE0670531997, closed financial year 2025 with a result of € 69,840 after tax. For that financial year GM-Projects recorded a gross margin of € 476,691 and equity of € 541,474. Compared with financial year 2024, the result moved from € 183,072 to € 69,840. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 11, 2026.

What it is worth Growing

€ 541,474

▲ 15% vs 2024

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

Profit Healthy

€ 69,840

▼ 62% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 78,811

▼ 46% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 535,273.

People and assets in 2025

Full-time equivalents

3.2

▼ 0.3 vs 2024

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

Wage cost

€ 179,030

▲ 17% vs 2024

€ 55,900 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.

Vehicles and equipment

€ 45,389

▼ 31% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 2 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.

€ 210,154

▼ 4% vs 2024

€ 49,160 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 750,355

▲ 76% vs 2024

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

Taxes and wages

€ 152,416

▲ 7% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 139,652 Gross margin 2022: € 139,652 First fiscal year in the series	€ 309,114 Gross margin 2023: € 309,114 ▲ 121% vs 2022 (€ 139,652) Favourable step	€ 505,163 Gross margin 2024: € 505,163 ▲ 63% vs 2023 (€ 309,114) Favourable step	€ 476,691 Gross margin 2025: € 476,691 ▼ 6% vs 2024 (€ 505,163) Unfavourable step	▼ 6%
Profit after taxes	€ 71,220 Profit after taxes 2022: € 71,220 First fiscal year in the series	€ 100,259 Profit after taxes 2023: € 100,259 ▲ 41% vs 2022 (€ 71,220) Favourable step	€ 183,072 Profit after taxes 2024: € 183,072 ▲ 83% vs 2023 (€ 100,259) Favourable step	€ 69,840 Profit after taxes 2025: € 69,840 ▼ 62% vs 2024 (€ 183,072) Unfavourable step	▼ 62%
Equity	€ 188,303 Equity 2022: € 188,303 First fiscal year in the series	€ 288,562 Equity 2023: € 288,562 ▲ 53% vs 2022 (€ 188,303) Favourable step	€ 471,634 Equity 2024: € 471,634 ▲ 63% vs 2023 (€ 288,562) Favourable step	€ 541,474 Equity 2025: € 541,474 ▲ 15% vs 2024 (€ 471,634) Favourable step	▲ 15%
Total debts	€ 372,750 Total debts 2022: € 372,750 First fiscal year in the series	€ 685,547 Total debts 2023: € 685,547 ▲ 84% vs 2022 (€ 372,750) Unfavourable step	€ 944,861 Total debts 2024: € 944,861 ▲ 38% vs 2023 (€ 685,547) Unfavourable step	€ 1,181,735 Total debts 2025: € 1,181,735 ▲ 25% vs 2024 (€ 944,861) Unfavourable step	▲ 25%
Cash	€ 129,576 Cash 2022: € 129,576 First fiscal year in the series	€ 164,886 Cash 2023: € 164,886 ▲ 27% vs 2022 (€ 129,576) Favourable step	€ 145,902 Cash 2024: € 145,902 ▼ 12% vs 2023 (€ 164,886) Unfavourable step	€ 78,811 Cash 2025: € 78,811 ▼ 46% vs 2024 (€ 145,902) Unfavourable step	▼ 46%
Land & buildings	€ 1,527 Land & buildings 2022: € 1,527 First fiscal year in the series	€ 1,339 Land & buildings 2023: € 1,339 ▼ 12% vs 2022 (€ 1,527) Unchanged	€ 1,152 Land & buildings 2024: € 1,152 ▼ 14% vs 2023 (€ 1,339) Unchanged	€ 3,618 Land & buildings 2025: € 3,618 ▲ 214% vs 2024 (€ 1,152) Unchanged	▲ 214%
Retained profit	€ 182,102 Retained profit 2022: € 182,102 First fiscal year in the series	€ 282,361 Retained profit 2023: € 282,361 ▲ 55% vs 2022 (€ 182,102) Favourable step	€ 465,433 Retained profit 2024: € 465,433 ▲ 65% vs 2023 (€ 282,361) Favourable step	€ 535,273 Retained profit 2025: € 535,273 ▲ 15% vs 2024 (€ 465,433) Favourable step	▲ 15%
Bank debt	€ 20,544 Bank debt 2022: € 20,544 First fiscal year in the series	€ 251,171 Bank debt 2023: € 251,171 ▲ € 230,627 vs 2022 (€ 20,544) Unfavourable step	€ 218,388 Bank debt 2024: € 218,388 ▼ 13% vs 2023 (€ 251,171) Favourable step	€ 210,154 Bank debt 2025: € 210,154 ▼ 4% vs 2024 (€ 218,388) Favourable step	▼ 4%
Balance sheet total	€ 561,052 Balance sheet total 2022: € 561,052 First fiscal year in the series	€ 974,108 Balance sheet total 2023: € 974,108 ▲ 74% vs 2022 (€ 561,052) Unchanged	€ 1,416,495 Balance sheet total 2024: € 1,416,495 ▲ 45% vs 2023 (€ 974,108) Unchanged	€ 1,723,209 Balance sheet total 2025: € 1,723,209 ▲ 22% vs 2024 (€ 1,416,495) Unchanged	▲ 22%
Employees (FTE)	0.8 Employees (FTE) 2022: 0.8 First fiscal year in the series	2.7 Employees (FTE) 2023: 2.7 ▲ 1.9 vs 2022 (0.8) Unchanged	3.5 Employees (FTE) 2024: 3.5 ▲ 0.8 vs 2023 (2.7) Unchanged	3.2 Employees (FTE) 2025: 3.2 ▼ 0.3 vs 2024 (3.5) Unchanged	▼ 0.3

Key figures of GM-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 31 July 2027.

What happened to GM-Projects?

What happened at GM-Projects in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Sep 11, 2026 New annual accounts for financial year 2025: profit of € 69,840 (▼ 62% vs 2024). filed late Source: NBB ↗
2019 MARNICK MOLEMANS became a director. NBB
Jan 30, 2017 New establishment in Maaseik. KBO
2017 GILLES MOLEMANS became a director. NBB
Jan 30, 2017 Start of the company according to the CBE. KBO

In short

From € 71,220 profit in 2022 to € 69,840 profit in 2025.

Paid € 232,989 in corporate taxes since 2022.

Best year ever: 2024, with € 183,072 profit.

On average € 149,000 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

MEZZA INVEST 1%

The stake of MEZZA INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

GM-Projects

Behind GM-Projects are DANIEL MOLEMANS, MARNICK MOLEMANS and GILLES MOLEMANS. The shares are held by MEZZA INVEST (1%).

Directors

According to the 2025 annual accounts

DANIEL MOLEMANS

Director

MARNICK MOLEMANS

Director

Also active at: Climaflow, Monfi, MODIV

since 2019

GILLES MOLEMANS

Director

Also active at: Climaflow

since 2017

Shareholders

MEZZA INVEST

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Diestersteenweg 287 box A

3680 Maaseik

2.263.827.669

Diestersteenweg 287

3680 Maaseik

Active since 30 January 2017

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

Climaflow same network

€ 21,085 gross margin · 2025

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

Details

Company number: 0670.531.997
VAT number: BE 0670.531.997
Registered office: Diestersteenweg 287 bus A, 3680 Maaseik
Names & denominations: GM-Projects · GMP
Enterprise type: Rechtspersoon
Legal form: Private limited company
Legal situation: Normale toestand
Start date: 30 January 2017
Peppol: Active · Active since 24 Nov 2023
Activities · NACE: Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit

View on CBE Public ↗ Annual accounts (NBB) ↗

GM-Projects

Financials

What happened to GM-Projects?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions