Financials
Financial year 2025
GM-Automation from Putte, company number BE0676824923, closed financial year 2025 with a result of € 18,442 after tax. For that financial year GM-Automation recorded a gross margin of € 39,531 and equity of € 115,732. Compared with financial year 2024, the result moved from € 47,397 to € 18,442. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 20, 2026.
€ 115,732
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 18,442
▼ 61% vs 2024
Profit after tax over the fiscal year.
€ 24,448
▼ 14% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 13,409 paid out
73 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 18,849
▲ 102% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 114,515
▼ 7% vs 2024
€ 8,849 is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.
€ 13,230
▲ € 12,685 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 20,285
▲ 62% 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 | € 39,618 | € 83,044 | € 65,142 | € 39,531 | ▼ 39% |
| Profit after taxes | € 22,122 | € 54,463 | € 47,397 | € 18,442 | ▼ 61% |
| Equity | € 104,635 | € 159,098 | € 110,699 | € 115,732 | ▲ 5% |
| Total debts | € 167,606 | € 148,920 | € 136,247 | € 148,210 | ▲ 9% |
| Cash | € 32,252 | € 49,378 | € 28,519 | € 24,448 | ▼ 14% |
| Land & buildings | € 196,113 | € 190,071 | € 184,029 | € 177,987 | ▼ 3% |
| Retained profit | € 86,035 | € 140,498 | € 92,099 | € 97,132 | ▲ 5% |
| Dividend | € 0 | € 0 | € 95,797 | € 13,409 | ▼ 86% |
| Bank debt | € 139,925 | € 132,581 | € 123,172 | € 114,515 | ▼ 7% |
| Balance sheet total | € 272,241 | € 308,019 | € 246,946 | € 263,942 | ▲ 7% |
Key figures of GM-Automation, 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-Automation?
What happened at GM-Automation in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 18,442 (▼ 61% vs 2024). filed late Source: NBB ↗
- New establishment in Putte. KBO
- Gert Meulemans became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 22,122 profit in 2022 to € 18,442 profit in 2025.
Paid € 38,729 in corporate taxes since 2022.
Best year ever: 2023, with € 54,463 profit.
Paid out € 109,206 in dividends to the owners in total.
Management
Behind GM-Automation is Gert Meulemans.
Directors
According to the 2025 annual accounts
Gert Meulemans
Director
since 2017
Establishments
Establishment units
Physical locations of this company
Sint-Jozefsweg 7
2580 Putte
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0676.824.923
- VAT number
- BE 0676.824.923
- Registered office
- Sint-Jozefsweg 7, 2580 Putte
- Names & denominations
- GM-Automation
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 June 2017
- Peppol
- Active · Active since 17 Aug 2026
- Activities · NACE
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