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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Tight liquidity NBB
Cash and receivables cover 38 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GM2 from Villers-la-Ville, company number BE0729569563, closed financial year 2025 with a result of € 199 after tax. For that financial year GM2 recorded a gross margin of € 22,356 and equity of € 20,414. Compared with financial year 2024, the result moved from € 15,518 to € 199. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 29, 2026.
€ 20,414
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 199
▼ 99% vs 2024
Profit after tax over the fiscal year.
€ 2,776
▲ € 2,168 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 € 16,414.
People and assets in 2025
€ 70,440
▲ € 62,491 vs 2024
Of which on lease € 65,708.
Debts at end 2025
€ 74,334
▲ 214% vs 2024
€ 18,480 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 6,459
▲ 22% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 5,700
▼ 7% 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 | € 10,209 | € 37,729 | € 29,480 | € 22,356 | ▼ 24% |
| Profit after taxes | € -342 | € 22,965 | € 15,518 | € 199 | ▼ 99% |
| Equity | € 8,732 | € 20,697 | € 20,215 | € 20,414 | ▲ 1% |
| Total debts | € 49,420 | € 42,949 | € 60,916 | € 103,374 | ▲ 70% |
| Cash | € 8,085 | € 17,749 | € 608 | € 2,776 | ▲ € 2,168 |
| Retained profit | € 4,732 | € 16,697 | € 16,215 | € 16,414 | ▲ 1% |
| Dividend | € 18,000 | € 11,000 | € 16,000 | € 0 | ▼ 100% |
| Bank debt | € 19,854 | € 10,939 | € 23,706 | € 74,334 | ▲ 214% |
| Balance sheet total | € 58,153 | € 63,646 | € 81,131 | € 123,788 | ▲ 53% |
Key figures of GM2, 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 GM2?
What happened at GM2 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 199 (▼ 99% vs 2024). Source: NBB ↗
- New establishment in Villers-la-Ville. KBO
- Start of the company according to the CBE. KBO
In short
From € 342 loss in 2022 to € 199 profit in 2025.
Paid € 10,432 in corporate taxes since 2022.
Best year ever: 2023, with € 22,965 profit.
Paid out € 45,000 in dividends to the owners in total.
Management
Behind GM2 are Martin Tournay and Geoffroy Debroux. Martin Tournay is also behind ALTIK.
Directors
According to the 2025 annual accounts
Geoffroy Debroux
Director
Establishments
Establishment units
Physical locations of this company
Rue de Priesmont 16
1495 Villers-la-Ville
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0729.569.563
- VAT number
- BE 0729.569.563
- Registered office
- Rue de Priesmont 16, 1495 Villers-la-Ville
- Names & denominations
- GM2
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 June 2019
- Peppol
- Active · Active since 21 Apr 2026
- Contact
- [email protected]
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