Financials
Financial year 2025
GMI-Elec from Schaarbeek, company number BE0719771870, closed financial year 2025 with a result of € 14,194 after tax. For that financial year GMI-Elec recorded a gross margin of € 20,258 and equity of € 9,110. Compared with financial year 2024, the result moved from € 4,291 to € 14,194. Profitable, and profit is growing. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on March 30, 2026.
€ 9,110
▼ 37% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 14,194
▲ 231% vs 2024
Profit after tax over the fiscal year.
€ 28,774
▲ 53% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 19,599 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 234
▼ 62% 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.
€ 14,769
▲ 98% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 9,311 | € 20,395 | € 8,067 | € 20,258 | ▲ 151% |
| Profit after taxes | € 764 | € 11,894 | € 4,291 | € 14,194 | ▲ 231% |
| Equity | € 17,530 | € 14,424 | € 14,515 | € 9,110 | ▼ 37% |
| Total debts | € 9,159 | € 18,200 | € 15,347 | € 35,796 | ▲ 133% |
| Cash | € 17,455 | € 6,747 | € 18,757 | € 28,774 | ▲ 53% |
| Retained profit | € 17,430 | € 14,324 | € 14,405 | € 9,000 | ▼ 38% |
| Dividend | € 0 | € 15,000 | € 4,200 | € 19,599 | ▲ € 15,399 |
| Bank debt | € 2,562 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 26,689 | € 32,625 | € 29,862 | € 44,906 | ▲ 50% |
Key figures of GMI-Elec, 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 GMI-Elec?
What happened at GMI-Elec in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 14,194 (▲ 231% vs 2024). Source: NBB ↗
- New establishment in Schaarbeek. KBO
- GEORGES MICHELIS became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 764 profit in 2022 to € 14,194 profit in 2025.
Paid € 14,051 in corporate taxes since 2022.
Best year ever: 2025, with € 14,194 profit.
Paid out € 38,799 in dividends to the owners in total.
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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 2025 annual accounts
GEORGES MICHELIS
Director
since 2019
Establishments
Establishment units
Physical locations of this company
Auguste Reyerslaan 51 box 2
1030 Schaarbeek
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 →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0719.771.870
- VAT number
- BE 0719.771.870
- Registered office
- Auguste Reyerslaan 51 bus 2, 1030 Schaarbeek
- Names & denominations
- GMI-Elec
- Enterprise type
- Rechtspersoon
- Legal form
- Limited partnership
- Legal situation
- Normale toestand
- Start date
- 4 February 2019
- Peppol
- Active · Active since 28 Jan 2026
- Activities · NACE
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