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 14 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GM MACHINERY from Kaprijke, company number BE0756967511, closed financial year 2025 with a result of € 120,309 after tax. For that financial year GM MACHINERY recorded a gross margin of € 317,726 and equity of € 1.2 million. Compared with financial year 2024, the result moved from € 235,147 to € 120,309. The company is profitable. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 9, 2026.
€ 1.2 million
▼ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 120,309
▼ 49% vs 2024
Profit after tax over the fiscal year.
€ 23,984
▼ 16% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 250,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 109,677
▼ 66% vs 2024
Of which on lease € 106,050.
Debts at end 2025
€ 2.5 million
▼ 14% vs 2024
€ 298,798 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 25,400
▲ 233% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 28,914
▲ 15% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 627,180 | € 1,003,566 | € 550,022 | € 317,726 | ▼ 42% |
| Profit after taxes | € 293,267 | € 513,005 | € 235,147 | € 120,309 | ▼ 49% |
| Equity | € 540,850 | € 1,053,855 | € 1,289,003 | € 1,159,312 | ▼ 10% |
| Total debts | € 5,145,933 | € 4,225,691 | € 3,390,503 | € 2,725,176 | ▼ 20% |
| Cash | € 30,728 | € 133,685 | € 28,445 | € 23,984 | ▼ 16% |
| Land & buildings | € 3,750,563 | € 3,750,563 | € 3,695,563 | € 3,695,563 | |
| Retained profit | € 170,287 | € 683,292 | € 918,440 | € 788,749 | ▼ 14% |
| Dividend | € 0 | € 0 | € 0 | € 250,000 | |
| Bank debt | € 3,850,770 | € 3,585,383 | € 2,921,580 | € 2,506,730 | ▼ 14% |
| Balance sheet total | € 5,686,784 | € 5,279,547 | € 4,679,505 | € 3,884,488 | ▼ 17% |
Key figures of GM MACHINERY, 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 GM MACHINERY?
What happened at GM MACHINERY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 120,309 (▼ 49% vs 2024). Source: NBB ↗
- New establishment in Kaprijke. KBO
- Start of the company according to the CBE. KBO
In short
From € 293,267 profit in 2022 to € 120,309 profit in 2025.
Paid € 232,249 in corporate taxes since 2022.
Best year ever: 2023, with € 513,005 profit.
Paid out € 250,000 in dividends to the owners in total.
Management
Behind GM MACHINERY is Emma Gillis. Emma Gillis is also behind GM Recycling.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Krommeveldstraat 1
9971 Kaprijke
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0756.967.511
- VAT number
- BE 0756.967.511
- Registered office
- Krommeveldstraat 1, 9971 Kaprijke
- Names & denominations
- GM MACHINERY
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 October 2020
- Peppol
- Active · Active since 16 Sept 2025
- Contact
- gmrecycling.be
- Activities · NACE
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