Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
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Busy address KBO
10 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
GM PROPERTIES from Hasselt, company number BE0721927250, closed financial year 2025 with a result of € 24,172 after tax. For that financial year GM PROPERTIES recorded a gross margin of € 41,740 and equity of € -4,135. Compared with financial year 2024, the result moved from € -82,592 to € 24,172. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 8, 2026.
€ -4,135
▲ € 24,172 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 24,172
▲ still € 82,592 loss in 2024
Profit after tax over the fiscal year.
€ 570
▼ 87% 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 € -54,135.
Debts at end 2025
€ 2.1 million
▼ 9% vs 2024
Loans from banks and other lenders, long and short.
€ 4,873
▲ 68% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 521,820
▼ 54% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 34,051 | € 5,039,356 | € -85,186 | € 41,740 | ▲ € 126,926 |
| Profit after taxes | € -69,006 | € 3,709,587 | € -82,592 | € 24,172 | ▲ € 106,764 |
| Equity | € -10,302 | € 54,285 | € -28,307 | € -4,135 | ▲ € 24,172 |
| Total debts | € 7,721,517 | € 8,120,497 | € 3,886,510 | € 2,770,039 | ▼ 29% |
| Cash | € 6,042 | € 9,887 | € 4,263 | € 570 | ▼ 87% |
| Retained profit | € -60,302 | € 4,285 | € -78,307 | € -54,135 | ▲ € 24,172 |
| Dividend | € 0 | € 3,645,000 | € 0 | € 0 | |
| Bank debt | € 7,614,101 | € 2,743,500 | € 2,358,165 | € 2,140,000 | ▼ 9% |
| Balance sheet total | € 7,711,215 | € 8,174,782 | € 3,858,203 | € 2,765,903 | ▼ 28% |
Key figures of GM PROPERTIES, fiscal years 2021 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 July 2027.
What happened to GM PROPERTIES?
What happened at GM PROPERTIES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 24,172. Source: NBB ↗
- GROUP GM BV became a director. NBB
- New establishment in Hasselt. KBO
- Start of the company according to the CBE. KBO
In short
From € 69,006 loss in 2021 to € 24,172 profit in 2025.
Paid € 1.3 million in corporate taxes since 2021.
Best year ever: 2023, with € 3.7 million profit.
Paid out € 3.6 million in dividends to the owners in total.
Management
The stake of Group GM comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
GM PROPERTIESBehind GM PROPERTIES is GROUP GM BV. The shares are held by Group GM (99.4%).
Directors
According to the 2025 annual accounts
Director · represented by MULLENS DAAN
Also active at: Immo Hulsmans, GM REAL ESTATES, GM INVESTMENTS, GM Investment Group, GM DEVELOPMENTS, PB INVEST, IMMO TOP INVEST
since 2026
Shareholders
99.4%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Guffenslaan 108 box 0.01
3500 Hasselt
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 10 companies are registered at this address.
All companies at this address →Immo Hulsmans same network
€ -1,796 gross margin · 2025
GM WONINGEN
€ 26,173 gross margin · 2025
GM INVESTMENTS same network
€ 87,155 gross margin · 2025
GM Investment Group same network
€ -5,582 gross margin · 2025
PB INVEST same network
€ 357,102 gross margin · 2025
+5 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0721.927.250
- VAT number
- BE 0721.927.250
- Registered office
- Guffenslaan 108 bus 0.01, 3500 Hasselt
- Names & denominations
- GM PROPERTIES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 March 2019
- Peppol
- Active · Active since 15 Jul 2024
- Activities · NACE
Handel in eigen onroerend goed
Overige zakelijke dienstverlening, neg