Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 4.4 to 3.5.
Financials
Financial year 2025
Group GM from Hasselt, company number BE0721651096, closed financial year 2025 with a result of € 96,472 after tax. For that financial year Group GM recorded a gross margin of € 102,248 and equity of € 4.6 million. Compared with financial year 2024, the result moved from € 3 million to € 96,472. 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 May 28, 2026.
€ 4.6 million
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 96,472
▼ 97% vs 2024
Profit after tax over the fiscal year.
€ 1 million
▲ € 947,629 vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 4.4 million.
People and assets in 2025
3.5
▼ 0.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 226,952
▼ 2% vs 2024
€ 64,800 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.
€ 44,010
▼ 4% 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.
€ 264,859
▲ 105% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 57,149
▼ 8% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 339,639 | € 187,957 | € -378,533 | € 102,248 | ▲ € 480,781 |
| Profit after taxes | € 658,001 | € -119 | € 3,024,150 | € 96,472 | ▼ 97% |
| Equity | € 1,452,426 | € 1,452,307 | € 4,476,457 | € 4,572,929 | ▲ 2% |
| Total debts | € 6,476,447 | € 7,018,594 | € 1,497,121 | € 828,673 | ▼ 45% |
| Cash | € 70,568 | € 192,135 | € 60,964 | € 1,008,593 | ▲ € 947,629 |
| Retained profit | € 1,272,426 | € 1,272,307 | € 4,296,457 | € 4,392,929 | ▲ 2% |
| Bank debt | € 0 | € 10,163 | € 0 | € 0 | |
| Balance sheet total | € 7,928,873 | € 8,470,900 | € 5,973,578 | € 5,401,601 | ▼ 10% |
| Employees (FTE) | 4.4 | 4.4 | 4.3 | 3.5 | ▼ 0.8 |
Key figures of Group GM, 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 Group GM?
What happened at Group GM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 96,472 (▼ 97% vs 2024). Source: NBB ↗
- DAAN MULLENS became a director. NBB
- New establishment in Hasselt. KBO
- New establishment in Hasselt. KBO
- SABRINA GOVAERTS became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 658,001 profit in 2022 to € 96,472 profit in 2025.
Paid € 48,970 in corporate taxes since 2022.
Best year ever: 2024, with € 3 million profit.
On average € 29,200 of value added per employee in 2025.
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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
Behind Group GM are SABRINA GOVAERTS and DAAN MULLENS. It owns 100% of GM Investement Group, 100% of GM Developements, 99.4% of GM Properties, 99.4% of GM Investments and 99.4% of GM Real Estates itself.
Directors
According to the 2025 annual accounts
since 2019
since 2026
Establishments
Establishment units
Physical locations of this company
Sasput 47
3500 Hasselt
Guffenslaan 108 box 0.01
3500 Hasselt
Active since 23 March 2021
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0721.651.096
- VAT number
- BE 0721.651.096
- Registered office
- Sasput 47, 3500 Hasselt
- Names & denominations
- Group GM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 February 2019
- Peppol
- Active · Active since 13 Jan 2025
- Activities · NACE
Activiteiten van holdings
Holdings
Overige werkzaamheden in verband met de afwerking van gebouwen
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering