Financials
Financial year 2024
GM CONSTRUCT from Heusden-Zolder, company number BE0698589149, closed financial year 2024 with a result of € -37,143 after tax. For that financial year GM CONSTRUCT recorded a gross margin of € -26,572 and equity of € 26,901. Compared with financial year 2023, the result moved from € 16,978 to € -37,143. The company made a loss. The buffer shrank hard: equity is 58 % below last year. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 29, 2025.
€ 26,901
▼ 58% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -37,143
▼ still € 16,978 profit in 2023
Profit after tax over the fiscal year.
€ 4,655
▲ 8% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 26,900.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 6,000
No payroll staff. An amount this small is usually a social contribution or pension premium for the director, booked under staff costs.
€ 11,176
▲ 12% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 3,372
▼ 85% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 7,496
▼ 44% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 36,751 | € 24,849 | € 29,081 | € -26,572 | ▼ € 55,652 |
| Profit after taxes | € -1,204 | € 15,302 | € 16,978 | € -37,143 | ▼ € 54,122 |
| Equity | € 31,764 | € 47,066 | € 64,044 | € 26,901 | ▼ 58% |
| Total debts | € 12,831 | € 14,040 | € 36,076 | € 10,868 | ▼ 70% |
| Cash | € 5,312 | € 4,707 | € 4,316 | € 4,655 | ▲ 8% |
| Retained profit | € 31,763 | € 47,065 | € 64,043 | € 26,900 | ▼ 58% |
| Balance sheet total | € 44,595 | € 61,106 | € 100,120 | € 37,769 | ▼ 62% |
Key figures of GM CONSTRUCT, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to GM CONSTRUCT?
What happened at GM CONSTRUCT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 37,143 (▼ € 54,122 vs 2023). filed late Source: NBB ↗
- New establishment in Heusden-Zolder. KBO
- MEHMET KURKAN became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 1,204 loss in 2021 to € 37,143 loss in 2024.
Paid € 13,433 in corporate taxes since 2021.
Best year ever: 2023, with € 16,978 profit.
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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
Directors
According to the 2024 annual accounts
MEHMET KURKAN
Director
since 2018
Establishments
Establishment units
Physical locations of this company
Ringlaan 15 box 1
3550 Heusden-Zolder
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0698.589.149
- VAT number
- BE 0698.589.149
- Registered office
- Ringlaan 15 bus 1, 3550 Heusden-Zolder
- Names & denominations
- GM CONSTRUCT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 June 2018
- Peppol
- Active · Active since 6 Jan 2026
- Activities · NACE
Overige gespecialiseerde bouwactiviteiten, neg
Overige gespecialiseerde bouwwerkzaamheden