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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 34 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GM Studios from Meise, company number BE0769541481, closed financial year 2025 with a result of € -11,249 after tax. For that financial year GM Studios recorded a gross margin of € 16,971 and equity of € 96,843. Compared with financial year 2024, the result moved from € -18,369 to € -11,249. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 31, 2025.
€ 96,843
▼ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -11,249
▲ 39 % less loss than in 2024
Profit after tax over the fiscal year.
€ 12,272
▼ 39% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -58,157.
People and assets in 2025
€ 3,204
▲ 114% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 261,678
▼ 5% vs 2024
€ 14,115 is repaid this year. At this pace the long-term loan is gone in ≈ 19 years.
€ 7,900
▼ 54% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 796
▼ 65% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 53,570 | € 8,204 | € 16,971 | ▲ 107% |
| Profit after taxes | € -28,538 | € -18,369 | € -11,249 | ▲ € 7,120 |
| Equity | € 126,462 | € 108,092 | € 96,843 | ▼ 10% |
| Total debts | € 315,668 | € 323,032 | € 304,132 | ▼ 6% |
| Cash | € 13,586 | € 20,176 | € 12,272 | ▼ 39% |
| Land & buildings | € 362,060 | € 351,698 | € 345,773 | ▼ 2% |
| Retained profit | € -28,538 | € -46,908 | € -58,157 | ▼ € 11,249 |
| Bank debt | € 289,264 | € 276,010 | € 261,678 | ▼ 5% |
| Balance sheet total | € 442,129 | € 431,124 | € 400,975 | ▼ 7% |
Key figures of GM Studios, fiscal years 2023 to 2025, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2026 has not been filed yet; it was expected before 31 October 2026.
What happened to GM Studios?
What happened at GM Studios in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 11,249. Source: NBB ↗
- Glenn Meul became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Meise. KBO
In short
From € 28,538 loss in 2023 to € 11,249 loss in 2025.
Paid € 1,001 in corporate taxes since 2023.
Management
Behind GM Studios is Glenn Meul.
Directors
According to the 2025 annual accounts
Glenn Meul
Director
since 2021
Establishments
Establishment units
Physical locations of this company
Zonneveld 12
1861 Meise
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0769.541.481
- VAT number
- BE 0769.541.481
- Registered office
- Zonneveld 12, 1861 Meise
- Names & denominations
- GM Studios
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 June 2021
- Peppol
- Active · Active since 12 Dec 2025
- Contact
- [email protected]
- Activities · NACE
Reproductie van opgenomen media
Overige diensten in verband met het maken van geluidsopnamen
Hotels en dergelijke accommodatie
Maken van geluidsopnamen
Activiteiten in verband met films en video- en televisieprogramma’s na de productie
Gastenkamers