What does GM PROJECT do?

GM PROJECT is registered with the CBE as active in: Handel in eigen onroerend goed. Private Limited, started on 17 November 2022, 1 establishment.

What is the address of GM PROJECT?

The registered office of GM PROJECT is located at Prinsenstraat 24, 1850 Grimbergen.

Is GM PROJECT still active?

Yes. According to the CBE (30 October 2026) GM PROJECT is active, legal situation “Normale toestand”, started on 17 November 2022.

Is GM PROJECT registered on Peppol?

Yes, GM PROJECT is registered on the Peppol network with ID 0208:0793712693.

What is the enterprise number of GM PROJECT?

The enterprise number of GM PROJECT is BE0793712693.

When was GM PROJECT founded?

GM PROJECT was founded on 17 November 2022.

Who are the directors of GM PROJECT?

According to the 2025 annual accounts, the directors of GM PROJECT are: Michel Van Den Meersschaut, Gert Toye.

Is GM PROJECT a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 17 November 2022; 3 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did GM PROJECT make in 2025?

GM PROJECT recorded a loss after taxes of € 85,028 in financial year 2025.

What is the revenue of GM PROJECT?

As a small company, GM PROJECT is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € -34,859.

GM PROJECT (Private Limited) - Grimbergen - BE0793712693

Dossier GM PROJECT, printed on 30 October 2026 from databakkes.be/en/0793712693/gm-project. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Negative equity NBB

More debt than assets in 2 of the last 3 fiscal years.
Two loss years in a row NBB

Negative result in 2024 and 2025.
Tight liquidity NBB

Cash and receivables cover 17 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

GM PROJECT from Grimbergen, company number BE0793712693, closed financial year 2025 with a result of € -85,028 after tax. For that financial year GM PROJECT recorded a gross margin of € -34,859 and equity of € -127,675. Compared with financial year 2024, the result moved from € -55,516 to € -85,028. The company made a loss. 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 August 13, 2026.

What it is worth Caution

€ -127,675

▼ € 85,028 vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -85,028

▼ 53 % more loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 75,638

▼ 55% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -147,675.

Debts at end 2025

Bank debt

€ 365,602

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 33,704

▼ 28% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 75,188

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2023	2024	2025	Change 2024 → 2025
Gross margin	€ -6,231 Gross margin 2023: € -6,231 First fiscal year in the series	€ -38,979 Gross margin 2024: € -38,979 ▼ € 32,748 vs 2023 (€ -6,231) Unfavourable step	€ -34,859 Gross margin 2025: € -34,859 ▲ € 4,120 vs 2024 (€ -38,979) Favourable step	▲ € 4,120
Profit after taxes	€ -7,131 Profit after taxes 2023: € -7,131 First fiscal year in the series	€ -55,516 Profit after taxes 2024: € -55,516 ▼ € 48,386 vs 2023 (€ -7,131) Unfavourable step	€ -85,028 Profit after taxes 2025: € -85,028 ▼ € 29,512 vs 2024 (€ -55,516) Unfavourable step	▼ € 29,512
Equity	€ 12,869 Equity 2023: € 12,869 First fiscal year in the series	€ -42,647 Equity 2024: € -42,647 ▼ € 55,516 vs 2023 (€ 12,869) Unfavourable step	€ -127,675 Equity 2025: € -127,675 ▼ € 85,028 vs 2024 (€ -42,647) Unfavourable step	▼ € 85,028
Total debts	€ 157,737 Total debts 2023: € 157,737 First fiscal year in the series	€ 1,590,362 Total debts 2024: € 1,590,362 ▲ € 1.4 million vs 2023 (€ 157,737) Unfavourable step	€ 3,069,996 Total debts 2025: € 3,069,996 ▲ 93% vs 2024 (€ 1,590,362) Unfavourable step	▲ 93%
Cash	€ 32,072 Cash 2023: € 32,072 First fiscal year in the series	€ 167,179 Cash 2024: € 167,179 ▲ € 135,107 vs 2023 (€ 32,072) Favourable step	€ 75,638 Cash 2025: € 75,638 ▼ 55% vs 2024 (€ 167,179) Unfavourable step	▼ 55%
Retained profit	€ -7,131 Retained profit 2023: € -7,131 First fiscal year in the series	€ -62,647 Retained profit 2024: € -62,647 ▼ € 55,516 vs 2023 (€ -7,131) Unfavourable step	€ -147,675 Retained profit 2025: € -147,675 ▼ € 85,028 vs 2024 (€ -62,647) Unfavourable step	▼ € 85,028
Bank debt	€ 0 Bank debt 2023: € 0 First fiscal year in the series	€ 0 Bank debt 2024: € 0 Unchanged (€ 0) Unchanged	€ 365,602 Bank debt 2025: € 365,602 Unchanged (€ 0) Unfavourable step
Balance sheet total	€ 170,606 Balance sheet total 2023: € 170,606 First fiscal year in the series	€ 1,547,715 Balance sheet total 2024: € 1,547,715 ▲ € 1.4 million vs 2023 (€ 170,606) Unchanged	€ 2,942,321 Balance sheet total 2025: € 2,942,321 ▲ 90% vs 2024 (€ 1,547,715) Unchanged	▲ 90%

Key figures of GM PROJECT, fiscal years 2023 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 PROJECT?

What happened at GM PROJECT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Aug 13, 2026 New annual accounts for financial year 2025: loss of € 85,028. filed late Source: NBB ↗
Nov 17, 2022 New establishment in Grimbergen. KBO
Nov 17, 2022 Start of the company according to the CBE. KBO

In short

From € 7,131 loss in 2023 to € 85,028 loss in 2025.

Original PDFs at the National Bank ↗

Management

THE FUTURE OF PROPERTY INVEST 50%

TOSTE 50%

The stake of THE FUTURE OF PROPERTY INVEST, TOSTE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

GM PROJECT

Everest Smart Living 40%

Behind GM PROJECT are Michel Van Den Meersschaut and Gert Toye. The shares are held by THE FUTURE OF PROPERTY INVEST (50%) and TOSTE (50%). It owns 40% of Everest Smart Living itself.

Directors

According to the 2025 annual accounts

Michel Van Den Meersschaut

Director

Also active at: GM REAL CONSTRUCT, GM PROPERTY, COUTURE Kwintens

Gert Toye

Director

Also active at: WOUTER LEUS, GM REAL CONSTRUCT, TOSTE, GM PROPERTY, COUTURE Kwintens

Shareholders

THE FUTURE OF PROPERTY INVEST

50%

TOSTE

50%

Participations

Everest Smart Living

40%

Establishments

Establishment units

Physical locations of this company

Registered office

Prinsenstraat 24

1850 Grimbergen

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.

All companies at this address →

Real Renting

€ -5,389 gross margin · 2025

GM REAL CONSTRUCT same network

€ -65,501 gross margin · 2025

TOSTE same network

€ 493,401 gross margin · 2024

VOSTOY

€ 1,296 gross margin · 2025

GM PROPERTY same network

€ -3,084 gross margin · 2025

+4 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

0793.712.693

VAT number

BE 0793.712.693

Registered office

Prinsenstraat 24, 1850 Grimbergen

Names & denominations

GM PROJECT · GM Real Construct

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

17 November 2022

Peppol

Active · Active since 1 Jan 2001

Activities · NACE

Handel in eigen onroerend goed

Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen

Bemiddeling in verband met exploitatie van en handel in onroerend goed

Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis

View on CBE Public ↗ Annual accounts (NBB) ↗