Financials
Financial year 2025
GM2C from Lennik, company number BE0673671334, closed financial year 2025 with a result of € -3,204 after tax. For that financial year GM2C recorded a gross margin of € 9,987 and equity of € 208,647. Compared with financial year 2024, the result moved from € 46,646 to € -3,204. 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 September 21, 2026.
€ 208,647
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -3,204
▼ still € 46,646 profit in 2024
Profit after tax over the fiscal year.
€ 77,586
▲ 47% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 208,647.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 20,586
▼ 25% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 3,181
▼ 27% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 20,530
▼ 11% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 84,812 | € 54,830 | € 77,050 | € 9,987 | ▼ 87% |
| Profit after taxes | € 47,396 | € 40,121 | € 46,646 | € -3,204 | ▼ € 49,850 |
| Equity | € 160,314 | € 188,034 | € 211,851 | € 208,647 | ▼ 2% |
| Total debts | € 43,625 | € 14,137 | € 34,325 | € 27,051 | ▼ 21% |
| Cash | € 74,308 | € 10,175 | € 52,796 | € 77,586 | ▲ 47% |
| Land & buildings | € 7,284 | € 6,900 | € 6,516 | € 6,132 | ▼ 6% |
| Retained profit | € 147,914 | € 188,034 | € 211,851 | € 208,647 | ▼ 2% |
| Dividend | € 0 | € 0 | € 22,829 | € 0 | ▼ 100% |
| Bank debt | € 829 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 203,938 | € 202,172 | € 246,176 | € 235,698 | ▼ 4% |
Key figures of GM2C, 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 GM2C?
What happened at GM2C in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 3,204 (▼ € 49,850 vs 2024). filed late Source: NBB ↗
- New establishment in Lennik. KBO
- Gerald Andrew Masure became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 47,396 profit in 2022 to € 3,204 loss in 2025.
Paid € 55,456 in corporate taxes since 2022.
Best year ever: 2022, with € 47,396 profit.
Paid out € 22,829 in dividends to the owners in total.
Management
Behind GM2C is Gerald Andrew Masure.
Directors
According to the 2025 annual accounts
Gerald Andrew Masure
Director
since 2017
Establishments
Establishment units
Physical locations of this company
Schapenstraat 138
1750 Lennik
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0673.671.334
- VAT number
- BE 0673.671.334
- Registered office
- Schapenstraat 138, 1750 Lennik
- Names & denominations
- GM2C · GM²C
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 March 2017
- Peppol
- Active · Active since 17 Oct 2025
- Activities · NACE
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